Nisc jury pitch template nsdc format final - Udhyogmithra
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Shar Technologies Group (STG), founded in 2005, focuses on employment and health solutions, with innovations like 'udhyogmithra®' and India's first medical care GPO. The firm aims to bridge the gap between unemployment and job vacancies by establishing a network of 'udhyogmithra® kiosks' across India, which will collect local job market data and assist job seekers. STG plans to deploy approximately 25,835 udhyogmithras across rural and urban areas over the next decade, supported by a business model involving grants and skill development fees.
![The Financials
Principal moratorium 3 Months
Interest Moratorium 0
Principal Repayment period 120 months
Interest Repayment period 120 months
[Please note Interest will be paid quarterly ]
Interest rate 6.00
Principal moratorium 1Quarter
Interest Moratorium 0
Principal Repayment period 39Quarters
Interest Repayment
period 40Quarters
[Please note Interest will be paid
quarterly ]
Interest rate 6%
Total loan
requirement 90.5625lacs
8
Interest rate 6.00
Total loan requirement 120.75
Installments (in months) 120 months
Promoters Contribution: 25% of this project cost
Loan from NSDC: 75% of this project cost
Total loan
requirement 90.5625lacs
[Please note Principal & Interest repayment at
end of quarter]
[Please note Actual Interest will be calculated on the
basis of the actual date of disbursement]
Microsoft Office
Excel 97-2003 Worksheet
Financials - Template as per NSDC](https://image.slidesharecdn.com/niscjurypitchtemplatensdcformatfinal-udhyogmithra-150207092725-conversion-gate02/85/Nisc-jury-pitch-template-nsdc-format-final-Udhyogmithra-9-320.jpg)
Nisc jury pitch template nsdc format final - Udhyogmithra
- 1. UDHYOGMITHRA® friend of employment NISC 2014 Jury Presentation UDHYOGMITHRA® friend of employment
- 2. The Situation Shar Technologies Group (STG) is incorporated in 2005 by Dr.Prasad Rao Pasam MBA, PhD and Korchipati Radhika Rajani, MBA. The vision of this firm is to work in two major areas – “Udhyogam” (Employment) and “Aarogyam” (Health). STG's management philosophy is innovation, partnerships, continuous supply and customers delight. STG is a registered Partnership Firm (Reg No:2252/2005) and is presently offering solutions in Human Resources – Training & Employment. STG started India’s first Medical Care GPO (Group Purchasing Organization). Padmabhushan Prof.B.M.Hegde is our Chief Mentor for this initiative. STG’s CSR arm - Venche Foundation. Dr.Prasad Rao Pasam, Founder & Managing Partner did his Master in Business Administration and Doctorate in Human Capital Management. He has over 17 years of experience in Human Capital Management and domain expertise in the sectors like IT/ ITES, Healthcare, Media, BFSI, Retail, Agriculture, Construction, Automobile, Capital Goods, Apparel, Telecom, Electronics etc. He initiated “Talent Exchange” Employment Newspaper Weekly (RNI: APENG/2011/35812) and innovated a role called UDHYOGMITHRA® (Trademark No: 2121749) Friend of Employment. Shri Narayana Murthy of Infosys offered his patronage for Talent Exchange™ on March 4th 2011. 1 Shar Technologies Group (STG) is incorporated in 2005 by Dr.Prasad Rao Pasam MBA, PhD and Korchipati Radhika Rajani, MBA. The vision of this firm is to work in two major areas – “Udhyogam” (Employment) and “Aarogyam” (Health). STG's management philosophy is innovation, partnerships, continuous supply and customers delight. STG is a registered Partnership Firm (Reg No:2252/2005) and is presently offering solutions in Human Resources – Training & Employment. STG started India’s first Medical Care GPO (Group Purchasing Organization). Padmabhushan Prof.B.M.Hegde is our Chief Mentor for this initiative. STG’s CSR arm - Venche Foundation. Dr.Prasad Rao Pasam, Founder & Managing Partner did his Master in Business Administration and Doctorate in Human Capital Management. He has over 17 years of experience in Human Capital Management and domain expertise in the sectors like IT/ ITES, Healthcare, Media, BFSI, Retail, Agriculture, Construction, Automobile, Capital Goods, Apparel, Telecom, Electronics etc. He initiated “Talent Exchange” Employment Newspaper Weekly (RNI: APENG/2011/35812) and innovated a role called UDHYOGMITHRA® (Trademark No: 2121749) Friend of Employment. Shri Narayana Murthy of Infosys offered his patronage for Talent Exchange™ on March 4th 2011.
- 3. The Challenge/Gap The irony is “UNEMPLOYMENT AND VACANCIES CO-EXIST”The irony is “UNEMPLOYMENT AND VACANCIES CO-EXIST” 2 STG has realized this gap and innovated “Udhyogmithra” which will help building a strong HR Eco-system and create India's most trusted hyper local primary date that will continuously feed “LOCAL LMIS”.
- 5. Impact UDHYOGMITHRA® LMIS - Hyper Local Primary Data in Unorganized and Organized Sector. Job Seeker (Fresher/ Experienced) Job Seeker (Fresher/ Experienced) EmployersEmployers UDHYOGMITHRA® 4 Skills Developers & Certification Partners Skills Developers & Certification Partners Government Agencies Government Agencies Local LMIS
- 6. Business Model The access to this data collected by the Udhyogmithra® is at the disposal of the stake holders of this HR Eco System and used accordingly. Through a paid membership. Revenue/ Business Model: Grants, Skill development fees, certification fees, advertisements on the Udhyogmithra® kiosk, apron of the Udhyogmithra®, advertisements in the Udhyogmithra® Portal and user fees from Employers and Franchise Fees/ Royalty. Phase I: To Set up 100 Udhyogmithra Kiosks in 2015 5 OWN UM KIOSKS FRANCHISE UM KIOSKS
- 7. Uniqueness • Our solution is unique & different from what is currently available in the market. It is hybrid model of any recruiter and job portal. Udhyogmithra will handhold the unemployed youth and become his/ her real friend of employment. – “A fiend in need is friend in deed”. Udhyogmithra Smart Card - a Unique business model to make skill database handy. • Udhyogmithra idea a new novel concept which will compliment and supplement the existing ideas and concepts. Scalable Measurable 6 To enable this, STG innovated a role called UDHYOGMITHRA® - Friend of Employment. This individual who will be qualified as certified “COMMUNITY EMPLOYMENT ANALYST” will be working closely with Job Seekers, unemployed youth at rural and urban level. Interact with local employers in unorganized sector and organized sector to understand their skill requirements and vacancies. The primary data collected will be analyzed and shared with stake holders both public and private working in skill development and employment space. To enable this, STG innovated a role called UDHYOGMITHRA® - Friend of Employment. This individual who will be qualified as certified “COMMUNITY EMPLOYMENT ANALYST” will be working closely with Job Seekers, unemployed youth at rural and urban level. Interact with local employers in unorganized sector and organized sector to understand their skill requirements and vacancies. The primary data collected will be analyzed and shared with stake holders both public and private working in skill development and employment space. Scalable Measurable
- 8. Marketing & Sales • Udhyogmithra is the catalyst and the marketing, sales revolves is initiated through this person who facilitates mobilizing unemployed youth, skill development through various skilling agencies, assess them, deploy them to the industry through a referral process - UDHYOGMITHRA® Portal. 7 Mobilize Train Employ UDHYOGMITHRA®
- 9. The Financials Principal moratorium 3 Months Interest Moratorium 0 Principal Repayment period 120 months Interest Repayment period 120 months [Please note Interest will be paid quarterly ] Interest rate 6.00 Principal moratorium 1Quarter Interest Moratorium 0 Principal Repayment period 39Quarters Interest Repayment period 40Quarters [Please note Interest will be paid quarterly ] Interest rate 6% Total loan requirement 90.5625lacs 8 Interest rate 6.00 Total loan requirement 120.75 Installments (in months) 120 months Promoters Contribution: 25% of this project cost Loan from NSDC: 75% of this project cost Total loan requirement 90.5625lacs [Please note Principal & Interest repayment at end of quarter] [Please note Actual Interest will be calculated on the basis of the actual date of disbursement] Microsoft Office Excel 97-2003 Worksheet Financials - Template as per NSDC
- 10. Scalability • Udhyogmithra’s mission is to set up UDHYOGMITHRA® Kiosks at major RTC Bus stations/ Block – One per each Block, 6612 Blocks (Census 2012) and in next 10 years deploy 25,835 Udhyogmithras covering 6,45,856 villages in India (Census 2012). One UDHYOGMITHRA® for every twenty five villages. • At the kiosk and during the field visit, the Udhyogmithra® will collect the data of the job seekers (Fresh and Experience) in predefined Bio-Data form which will have Unique ID numbers like UID- Aadhaar Number, Ration Card, Election Card to authenticate the identity and address of the person. • Udhyogmithra® will identify and record in predefined format the list of companies/ employers employing more than 5 employees and record the manpower vacancies and skills required by these local companies/ local employers. Enough room to play 9 • Udhyogmithra’s mission is to set up UDHYOGMITHRA® Kiosks at major RTC Bus stations/ Block – One per each Block, 6612 Blocks (Census 2012) and in next 10 years deploy 25,835 Udhyogmithras covering 6,45,856 villages in India (Census 2012). One UDHYOGMITHRA® for every twenty five villages. • At the kiosk and during the field visit, the Udhyogmithra® will collect the data of the job seekers (Fresh and Experience) in predefined Bio-Data form which will have Unique ID numbers like UID- Aadhaar Number, Ration Card, Election Card to authenticate the identity and address of the person. • Udhyogmithra® will identify and record in predefined format the list of companies/ employers employing more than 5 employees and record the manpower vacancies and skills required by these local companies/ local employers.
- 11. Competition Recruitment Companies, Job Portals, any New Interventions and Innovations. BUT The space and the opportunity is so huge that Udhyogmithra being Innovation and first entry advantage is always there. INDIA STANDS TO BENEFIT FROM ITS FAVOURABLE DEMOGRAPHIC PROFILE: Youth in the age group of 15-29 years comprise 27.5% of the population3. India is expected to become the 4th largest economy by 2025, contributing about 5.5%-6% to the world GDP, only after the United States, China and Japan4 . While most of these countries face the risk of an ageing workforce, India is expected to have a very favorable demographic profile. The population of India is expected to exceed 1.3 billion by 2020 with a median age of 28 which is considerably less than the expected median ages of China and Japan. The working population of India, is expected to increase to 592 million by 2020, next only to China (776 million), pointing to the fact that youth will make a significant contribution to the economic development of the country. This ‘demographic dividend’ offers a great opportunity to India. (Source: National Youth Policy 2014, Ministry of Youth Affairs, Government of India) 10 Recruitment Companies, Job Portals, any New Interventions and Innovations. BUT The space and the opportunity is so huge that Udhyogmithra being Innovation and first entry advantage is always there. INDIA STANDS TO BENEFIT FROM ITS FAVOURABLE DEMOGRAPHIC PROFILE: Youth in the age group of 15-29 years comprise 27.5% of the population3. India is expected to become the 4th largest economy by 2025, contributing about 5.5%-6% to the world GDP, only after the United States, China and Japan4 . While most of these countries face the risk of an ageing workforce, India is expected to have a very favorable demographic profile. The population of India is expected to exceed 1.3 billion by 2020 with a median age of 28 which is considerably less than the expected median ages of China and Japan. The working population of India, is expected to increase to 592 million by 2020, next only to China (776 million), pointing to the fact that youth will make a significant contribution to the economic development of the country. This ‘demographic dividend’ offers a great opportunity to India. (Source: National Youth Policy 2014, Ministry of Youth Affairs, Government of India)
- 12. Management Team Patrons: Mr. N. R. Narayana Murthy Prof. B. M. Hegde Mentors: Mr.K.V.Raghavaiah, Ex GM-ITC and Visiting Prof at Symbiosis Dr.L.Prakash Sai, Prof for Management Studies, IIT- Chennai Management: Dr.Prasad Rao Pasam, MBA PhD with 17yrs of exp. Ex GM HR for award winning Rajiv Aarogyasri Community Health Insurance Scheme in Andhra, Covering 65 Mn BPL Population Mrs.Radhika Rajani, MBA with 15 yrs of exp in Human Resources. Vice President of Venche Foundation 11 Patrons: Mr. N. R. Narayana Murthy Prof. B. M. Hegde Mentors: Mr.K.V.Raghavaiah, Ex GM-ITC and Visiting Prof at Symbiosis Dr.L.Prakash Sai, Prof for Management Studies, IIT- Chennai Management: Dr.Prasad Rao Pasam, MBA PhD with 17yrs of exp. Ex GM HR for award winning Rajiv Aarogyasri Community Health Insurance Scheme in Andhra, Covering 65 Mn BPL Population Mrs.Radhika Rajani, MBA with 15 yrs of exp in Human Resources. Vice President of Venche Foundation Mr.N R Narayana Murthy launching Talent Exchange Employment Newspaper at Infosys H.Q and presented Dr.Prasad Rao Pasam with his book, “A Better India A Better World”
- 13. Summary • Phase I: Use the funds (Both promoter and NSDC Loan) for setting up Udhyogmithra Kiosks in 100 locations and setting up Back office in Hyderabad. 12 100 Udhyogmithra Kiosks operational in 2015
- 14. Contact details SHAR TECHNOLOGIES GROUP 204, Park View Residency, opp Community Hall, Siddhartha Nagar, Vengalrao Nagar Hyderabad 500 038, Andhra Pradesh Tel/ Fax: +91 40 2380 3333 Mobile: +91 917 711 1779 E mail: [email protected] Url: http://www.sharinc.com 13 SHAR TECHNOLOGIES GROUP 204, Park View Residency, opp Community Hall, Siddhartha Nagar, Vengalrao Nagar Hyderabad 500 038, Andhra Pradesh Tel/ Fax: +91 40 2380 3333 Mobile: +91 917 711 1779 E mail: [email protected] Url: http://www.sharinc.com