Financial Planning

Financial Planning 

We all are worried about the old age if we are working in a private sector .Old pension scheme is no more even for government employees.Life expectancy have increased due to better medical facilities and with that medical expenses have also gone up.

When we are earning money in the beginning of our career we often forget to do the financial planning.If we can create financial literacy among the new generation then it will be very important for them to manage their finance in an  effective way.

Some important steps for financial planning are-

1) To start early

2) Identification of goals

3) Keeping inflation in view & right asset allocation

4) Sufficient term plan and Health insurance

5) To be consistent in planning

6) Having emergency funds.

7) Exposure to equity

8) Proper and timely review of asset allocation

9) Taking the advise of well qualified financial planner

10) To upgrade your skills for better earning

11) Avoid impulsive buying.

12) Invest in quality stocks.

13) Don't keep all the eggs in same basket.
It is rightly said that the  early bird catches the worm.If we start SIP (systematic investment plans) in the beginning of our professional career then we can beat the inflation through the longer time horizon.Equity and debt which one is better?If we have longer time horizon then we can go for equity.
Pure term plans are always better than traditional money back plans.Traditional plans are having very low returns.
We should have separate portfolio for different goals.

Some of the important stocks for investment which i have included in my portfolio are-

Date	Name	quantity	price
12/24/2015	Century ply	45	210
2/27/2015	Edelweiss financial	25	68.5
11/16/2016	ICICI bank	30	282
10/16/2012	IDBI Gold	3	3078
10/7/2013	Karnataka bank	25	179
3/2/2015	Man infra	25	43
9/15/2016	RBL bank	40	300
11/28/2016	Zee ent	445	75
1/17/2017	Axis bank	15	471
1/18/2017	NHPC LTP	50	31
3/7/2017	IDFC	30	60
3/7/2017	Power grid	30	200

  So lets start financial planning.

Biotechnology -research scope (Conference Report)

Conference Report

International Biological Engineering conference at JNU (Jawaharlal Nehru University) from March 26-28, 2017)

Conference was inaugurated by Chief Guest:- S.S. Chandrasegaran, Johns Hopkins University after Lightening the lamp.

Welcome address was given by V.Ravichandiran, Director, NIPER Kolkata followed by Introduction of iBEM by Prof. Pawan K. Dhar, SBT, JNU around 10 AM on March 26^th 2017.

After tea Keynote address was presented by: S.S.CHANDRASEGARAN, Johns Hopkins University on topic Rewriting the blueprint of life by synthetic genomics.

Post lunch session was chaired by ATUL JOHRI, SLS and AMULYA PANDA, from National Institute of Immunology (NII).

The main speakers were-UTTAM SURANA, IMCB, Singapore & GUHAN JAYARAMAN, IIT Madras.

The most amazing session was panel discussion on Entrepreneurship and Policy and session

CHAIR was SATYAPRAKASH DASH, BIRAC, New Delhi (Biotechnology Industry Research Assistance Council)

The main panellists were MRUTUYNJAY SUAR, KIIT Bhubneshwar, SHRIRAM RAGAVAN, Evolva Biotech, Chennai & RAVI BHOLA, K & S Partners, Bangalore.

This session gives insight and solution for legal and other technical aspects of Genetic Engineering based Entrepreneurships.

First day was concluded by poster presentation at 6 PM.

Our students were having informal talks with research scholars from different institutions.

The dinner was served near the convention centre.

Day 2-Session was started with the Keynote of BALAJI PRAKASH, CFTRI, Mysore (Central Food Technological Research Institute) on Designer proteins for the synthetic cell.

Session by SIVAPRAKASH RAMALINGAM, IGIB, New Delhi on

Targeted Genome Engineering using Programmable Site-specific Nucleases and SHAILJA SINGH, JNU, New Delhi on Genome editing approaches and applications in malaria was a real time examples of application of Biotechnology to solve modern world problems.

Dr Shailja Sing demonstrated the role of molecular players such as CDPK and Perforin like proteins in the process of merozoites egress from host erythrocytes in her presentation.

Session about the Protocell:cell communication was presented by Dr. Sudha from IISER, Pune.

Last session of the day was on  CRISPR/Cas9 based genome editing tool box and it was over by 6 PM.

Post dinner we had a long walk in JNU Campus escorted by Ankita and refreshed by Mango shake in JNU.

DAY 3 TUESDAY, MARCH28, 2017-

 Last day of Conference was started with TUTORIAL by VIKRAM SINGH from CUHP, Dharamshala on Designing gates and networks .This session was very difficult for us to understand designing different circuits to mimic the biological systems.

We went to visit Centre for Nano science to see working of PCR ,Gel electrophoresis and JNU library.

iGEM [International Genetically Engineered Machines] session were chaired by ANDREW M. LYNN, SCIS and VIBHA TANDON, SCMM.

 A short session on robotics- use of artificial intelligence along with 3D-printer was presented.

Finally conference was ended with Valedictory session and vote of thanks by Dr.SHAILJA SINGH from SCMM JNU, Dr. Ravichandrian from NIPER, PAWAN K. DHAR of SBT,JNU.

Learnings-

How research is going on in the field of synthetic Biology.

Scientific paper presentation skill.

Open discussions on research.

Interaction with Scientists & post Doc. research scholars.

 Glimpse of JNU Culture.

Teachers training and quality education.

Teachers training and quality education.

Boarding schools play very vital role for grooming the personality of child. But this grooming needs directional approach by teachers, housemasters and parents.

In boarding schools hyperactive children are much more as compared to day schools. The boarding schools of India has very good track record for bringing up many great personalities. Today boarding schools are facing the problems of lack of trained teachers/human resource. In India B.Ed colleges are not giving any precise training to pupil teachers about the working culture of boarding schools. It seems that education department and HRD ministry ignore the role of boarding schools in spreading the education.

Management of day school vs. boarding school, teaching skills, decentralization of powers, role of student council and school captains, emphasis on co-curricular activities in both type of schools are totally different.
We have colleges to train teachers but School principals and headmasters are the actual leaders who create future leaders.In India we don't have any competent authority for the training of these education leaders.Recently CBSE has tried to introduce PET (Principal eligibility test ) but later on they have dropped this idea.School is the reflection of Principal and his educational philosophy.He /She is responsible for moulding the future of teachers and kids.We must ensure the availability of such competent leaders through well organised training and courses in order to have a better output.

 Teacher has to play dual role in boarding schools i.e. teacher as well as guardian. In India the quality of teachers are very poor because of low salary package as compared to other professions. Teaching is last option in front of youth of this country. Without proper training of teachers and not giving adequate salary the standard of education cannot be improved.Govt. along with private sector should come forward to improve the overall standard of education in India and to make India as developed nation in 21th century.

MUKESH KUMAR

HOUSEMASTER

GD BIRLA SCHOOL-RANIKHET (UK)

Email-mukeshgdb@gmail.com