Friday, February 27, 2009

India's 1st P2P lending platform: dhana X

dhanaX is an online-offline person-to-person (P2P) lending platform that allows Indians to lend and borrow money from each other.

How it works?: dhanaX identifies and partners with recognized microfinance organizations, NGOs and credit societies that look into the economic needs of the poor . As a lender, you can extend credit at a mutually agreed rate of interest to a suitable enterprise or individual through dhanaX . At the end of the stipulated loan period, dhanaX will facilitate the repayment of principal amount with interest with the help of partner organizations

DhanaX gets a 6 per cent commission from a borrower on every funded loan, and takes a 1.5 per cent service fee on monthly repayments from a lender. So effectively, DhanaX earns 7.5 per cent on every transaction. There is also a registration Fee to enter into the system

First to introduce the concept of social lending. For a lender looking for a social investment, or a borrower seeking an affordable loan, dhanaX is the best forum – It connects them. Interest rates are co-created. Facilitators of the process, legally compliant. Assures collection guarantee

It is the first Indian company to come up with the concept of P2P lending and make a business model out of it. Has created a new ecosystem by partnering with MFI, NGO to bridge the need gap among economy classes. Lender gets an interest rate better than a short-term fixed deposit. Borrowers get loans on affordable interest rates. Business Process is being patented

http://www.dhanax.com

WEBEL, Making algebra, calculus available for visually impaired

Innovation : Webel Mediatronics Limited (WML) and International Council for Education of People with Visual Impairment (ICEVI) have together developed an advanced Mathematics / Scientific Text to Braille Script Transcription Software in English called WIMATS . The output can be printed in a variety of Braille Embossers. The Software has already been successfully tested at ‘IHRDC’, Coimbatore, India and ‘Resources for the Blind’, Manila, Philippines.

The Software will bridge a long felt need of availability of Mathematics and Science for Higher Secondary and College level studies for the Visually Impaired persons. The Software support inputs of arithmetic, algebra, geometry, trigonometry, calculus, vector, set notations and Greek alphabets. The GUI is very user friendly and training does not take a long time.

Launched on: The Software was launched during 12th World Conference of ICEVI at Kuala Lumpur on 17th July 2006. ICEVI has presence in 185 countries in the world and the Software developed by WML will be made available to all these countries through ICEVI.
The software was Windows-based and was compatible with all types of Braille embossers. The testing of this software in various countries has provided excellent results and it has enabled inclusion of blind children in the mainstream. Awards: NASSCOM 2007

West Bengal Electronics lndustry Development Corporation Ltd. is the nodal agency of the Government of West Bengal for developing Information Technology and ITeS industries in the State.

A Snapshot is available here: http://www.nasscom.in/upload/55199/webelmediatronics.pdf
Check the other successful initiatives of webel: http://www.webel-india.com/success_stories.html

Tuesday, February 24, 2009

SWAGAT- Have a problem? Tell the CM face-to-face

In 2003, the state government in Gujarat State, India, introduced an ICT-based communication application to help improve the way that public grievances were dealt with. It is called the State-Wide Attention on Public Grievance by Application of Technology which enables direct communication between the citizens and the chief minister.

How it works:
1. The program is organized on every 4th Thursday of the month. The complainer visits CM’s ‘Jansampark’ office between 10 am to 12 pm, to register their complaints. Complaints are divided in 3 categories. Policy matters, Long Pending and First Timer. The focus is on long pending issues.
2. Complaints are entered ‘ON Line’, using package developed by NIC. Complaints are sent to the concerned department at the same time, with a copy to the all related department.
3. Departments have to be ready with the replies, before 3 PM, when the CM starts Video Conference with the Districts concerned. Applicants are called one by one and the CM discusses the issues with them in detail. The information, which is sent by the concerned department is also reviewed by hon. CM. Concerned Collector / DDO / SP also remain present in the meeting through VC and participate in the discussion.

Impact:
1. The state invested large sums in its ICT infrastructure. Although it was one of the first applications to make use of that infrastructure, these costs are not attributed to SWAGAT. Instead, the only attributed costs are the c.US$20,000 plus in-house development costs for the incremental hardware and application software created to run SWAGAT day.
2. The team handles an average of 70 grievances per month.

Examples:
Case 1: An unemployed man from the scheduled castes (groups recognised as subject to discrimination and thus given particular government benefits) applied in 2001 to a government scheme that provides a subsidy plus loan to set up a shop. A decision on eligibility should have been made by the Scheduled Caste Welfare Officer in the local district. However, no decision was ever made, despite the lodging of a public grievance by the applicant. On SWAGAT day, the case was reviewed by the Chief Minister, and the Officer approved the loan and subsidy that day.
Case 2: A farmer applied to have his land measured by a government Survey Officer, in order to register its size. The measurement was taken, but was taken wrongly. The farmer asked the Officer many times to re-measure, but this was not done, even after the farmer had got a notice sent via a lawyer. On SWAGAT day, the Survey Officer's boss was involved and - through the Chief Minister's guidance - the Survey Officer was ordered to re-measure the land; which he did within 20 days.

EDUSAT: World's first education satellite Launched by ISRO

On sep 20, 2004 the Govt. of India launched a dedicated Satellite called EDUSAT (Educational Satellite) to serve the educational sectors, offering an interactive satellite based distance education system for the country. In Karnataka State the EDUSAT is being used to supplement classroom teaching in all the elementary schools (850 Schools) of one district .

Satellites can establish the connectivity between urban educational institutions with adequate infrastructure imparting quality education and the large number of rural and semi-urban educational institutions that lack the necessary infrastructure. Besides supporting formal education, a satellite system can facilitate the dissemination of knowledge to the rural and remote population about important aspects like health, hygiene and personality development and allow professionals to update their knowledge base as well. Thus, in spite of limited trained and skilled teachers, the aspirations of the growing student population at all levels can be met through the concept of tele-education

EDUSAT is the first exclusive satellite for serving the educational sector. It is specially configured for audio-visual medium, employing digital interactive classroom and multimedia multicentric system. In the first phase of pilot projects, a Ku-band transponder on board INSAT-3B, which is already in orbit, is being used. In this phase, Visveswaraiah Technological University (VTU) in Karnataka, Y B Chavan State Open University in Maharashtra and the Rajiv Gandhi Technical University in Madhya Pradesh are covered. In the second phase, EDUSAT spacecraft, once commissioned in orbit, will be used in a semi-operational mode with at least one uplink in each of the five spot beams. About 100-200 classrooms will be connected in each beam. Coverage will be extended to two more states and one national institution. In the third phase, EDUSAT network is expected to become fully operational. ISRO will provide technical and managerial support in the replication of EDUSAT ground systems to manufacturers and service providers. End users are expected to provide funds for this. In this phase, ground infrastructure to meet the country’s educational needs will be built and during this period, EDUSAT will be able to support about 25 to 30 uplinks and about 5000 remote terminals per uplink.

Complete details are available here: http://www.isro.org/Edusat/Page2.htm

Mobile village courts: taking justice to villager’s door steps

 Context: The courts in Punjab, Haryana and Chandigarh has the pendency of about 10.2 lakh cases and there are only 480 judges at district level to cope with the burden. Village courts were the need of the hour given the huge backlog of cases at all levels of judiciary in the country. Also, there was a need to mitigate the legal problems of poor who found it difficult to travel to district courts.
 Innovation: The facility called "Court on Wheels“ is a specially designed bus, which will have a courtroom with facility of a retiring room for the presiding judge, computers, cabinets for books, files and facility for seating 10 persons. The intent is to give justice to people at their door steps particularly where people do not have easy excess to normal courts.
 How it works: This will be a unique regular court just like any other court with a cause list of cases. These courts will have jurisdiction over both civil and criminal matters and will work under the supervision of their respective high courts. 1st started in Oct 2007 in Gurgaon, 2nd in 2008 in Punjab, the mobile court is operational on four decided days of every week at four designated places and covers the population in a 10 km radius of a particular area. The presiding officer of the court will be of the level of an additional civil judge (senior division)-cum-sub divisional judicial magistrate. Other staff attached to the court will move with the mobile court. It will work under the supervision of their respective high courts. The new courts would have to decide a given case within three months

Read the news at : http://www.hindu.com/2007/08/05/stories/2007080560301200.htm

Getting your passport taking a lot of time?

Once the passport Seva Project is completed, new passports would be issued in three days time while in cases requiring police verification, within three days after the completion of the process.
Passports issued in India has gone up 2.2 times between 1997 to 2007, and by 2011, the demand would go up to 1 crore. So have the number of passport offices gone up proportionately? No. There continue to be thirty-seven offices, putting considerable strain on manpower and infrastructure, leading to inevitable delays and headaches. However, the Central Passport Organization managed to increase output and issued about 50 lakh passports in 2007 as compared to around 35 lakh in 2005.
Even though most passport offices are fully computerized, there is a growing need to make available services like real-time online tracking of status of applications; an effective enquiry and grievance redressal system; digital photo capture; and biometric passports.

It is to address issues like these and many more that the Indian government decided to launch the ambitious Passport Seva Project. The objective behind the project is to deliver all passport-related services to citizens in a timely, transparent, accessible, and reliable manner; and in a comfortable environment through streamlined processes, says Dr TV Nagendra Prasad, director (PV) & project director (Passport Seva Project).

With the first phase expected to be completed by January 2010, four pilot Passport Seva Kendras (PSKs) would be established at Chandigarh, Bangalore and New Delhi. Under the project, TCS would be required to open 77 PSKs across India.
Read full article: http://dqindia.ciol.com/content/egovernance/2009/109012402.asp

Tuesday, February 17, 2009

DAKNET: villages connected through WiFi

Context: The Karnataka state government in India has computerised land records. The only problem is that the servers storing these records are in district headquarters and are not easily accessible to villages that, while perhaps only 70 kms away, are without phone lines. WiFi is the currently the best wireless technology available. It is easy to set up, use and maintain with high bandwidth and is a low-cost solution for both the providers as well as users. Rural ICT’s are typically introduced as communications channel shared across the community which rely on land-line, telephone or satellite radio links. The service was developed by First Mile Solutions, based in USA.

Innovation: FMS in collaboration with the Government of Karnataka started the world’s first DakNet Enabled bus. The primary DakNet pilot in India was with Bhoomi, an eGovernance initiative established by the Indian State Government of Karnataka to computerize all land records in Karnataka.

How the service operates: United Villages has installed Mobile Access Points (MAPs) on existing vehicles such as buses and motorcycles which ply in rural areas. There are kiosks which have been installed in villages, which typically have a computer with a real-time wireless internet connection. United Villages sells pre-paid cards to village kiosk operators who in turn resell them to the villagers, who can use it to avail services such as sending e-mails, voicemails, SMSs, purchase railway tickets online, access matrimonial sites, job search sites etc. Whenever an MAP is within the range of the wireless network, it picks up the stored data from the kiosk computer and forwards it to the internet in cities.

Download and watch the new United Villages India video! (107MB, Windows Media Video)

Sunday, February 15, 2009

e-governance: Health on your mobile?

Health at your Fingertips: Earlier, there was no centralized depository of health facilities in the district. Citizens had to check telephone directories, etc to get the telephone numbers. Now, Citizens can get the details of health facilities available in the District of Kozhikode through SMS.

Innovator: The project has been an initiative of Kerela State IT Mission.
Innovation: During emergencies, timely attention is more important than specialized attention given late and Dr SMS helps find the nearest hospitals in such cases. Inaugurated on November 07, 2008, the service, provides users with a comprehensive list of medical facilities available in their locality. Based on the PIN Code, one can get the SMS feeds of the Health facilities available in and around the mentioned PIN code. If an email address is sent, the system automatically sends the detailed list to via email as well. The system can give pointers to blood banks, diagnostic centers, private hospitals, specialty centers, facilities for surgery and ventilators, and the list of specialist doctors in the district.

Sustainability:
The mobile penetration in Kerala is over 50% and increasing as compared to around 10% of Internet penetration, hence it uses a more common and available medium. Mobile phones are more affordable compared to broadband and therefore Dr SMS has much greater reach. Service is available round the clock.

Read full article at: http://dqindia.ciol.com/content/egovernance/2009/109012401.asp

Thursday, February 12, 2009

Dracula asks to pay up debt!

Dressed-up debt collectors: A Spanish debt collecting agency is using an alternative strategy to make people pay their debts: Public humiliation.

If you owed a few thousand euros and found your footsteps dogged by a man wearing a top hat, tails and silken cummerbund, wouldn't you pay up rather than face the humiliation of being shadowed by someone dressed like Count Dracula?

As Spain's economy falters, the debt-collecting business is booming and has devised colourful new variants to play on people's embarrassment at having their indebtedness paraded in public. El Cobrador del Frac – "The Debt Collector in Top Hat and Tails" – is a nationwide operation which sends employees dressed like Hollywood villains to collect debts. To underline the message, the theatrically-clad collector carries a black briefcase with his calling spelled out in capital letters.
Not sure what is most humiliating: To be confronted by someone wearing a ridiculous outfit - or being the employee who has to wear it?

Read full article: http://www.independent.co.uk/news/world/europe/boom-time-for-spains-costumed-debt-collectors-922500.html

Wednesday, February 11, 2009

Interactive Advertising

Interactive Advertising
See it to believe it:
http://www.arcstreamav.com/interactive-windows/
http://www.arcstreamav.com/multimedia-spectaculars/
http://www.arcstreamav.com/living-image/

PoolSystem is the interactive floor projection system for unusual and exciting advertising in public spaces. The system offers a wide variety of information, presents advertising in a unique way and also represents a new form of modern entertainment: variable, mysterious, interactive. The visual surprise effects draw the passer-by or visitor into the scene and the event, and through its movement enlivens and animates the projection step-by-step. The poolSystem allows individual (re)discovery of advertising, with the passer-by exploring the covered messages of a system or revealing the information hidden in large areas. The viewer becomes part of the action, by individually influencing the advertised message. The poolSystem software offers a combination of movement registration and image presentation in real time. Special programming generates simultaneous changes in the projection in direct relationship to the movements recorded.

BEDROOM IN A BOX!

BEDROOM IN A BOX!
Everything is more convenient when delivered in an all-inclusive box. the Bento Box, the Happy Meal by McDonalds, the iPhone, and now a bedroom!

Flexibility and mobility have become key concepts of today’s working world. The “Casulo” by designers Marcel Krings and Sebastian Mühlhäuser is a neatly packed box with an entire bedroom suite ready to go. The small box unpacks into bed, desk, seating, book shelf and wardrobe. No tools needed and minor assembly required for this IKEA worthy design. The use of styrofoam packing materials has been completely eliminated making this (unofficially) a “Green” product by design.

See how it is made in this 3 min video: http://www.psfk.com/2008/02/bedroom-in-a-box-for-mobile-living.html
Check the pictures: http://www.yankodesign.com/2008/02/11/bedroom-in-a-box/

Monday, February 9, 2009

3D-TV the future is here!

“3D-TV is the next frontier for those in the professional display market seeking differentiation to gain a competitive edge, and for consumers seeking the next level in the immersive entertainment experience.” So sayeth Philips Jos Swillens, when he received a Gold Award for ‘Display of the Year’. The award, given to the Philips 42-inch 3D Intelligent Display, recognises the display with the most novel and outstanding features, including Philips proprietary technology which produces 3D images without the help of specialised content or glasses.”
“Philips 3D displays based on Philips WOWvx technology is just the latest in a series of exciting innovations,” said Jos Swillens, CEO of Philips 3D Solutions. “Our 3D displays meet the demand for innovation and performance. Best of all, we have accomplished this without the need for special headgear, and with the ability for multiple people to enjoy the same 3D experience at the same time.”

http://www.business-sites.philips.com/3dsolutions/home/index.page

Tuesday, February 3, 2009

India leads developing nations in private sector investment

India has had the most success attracting more private investment in infrastructure in 2006 than any other developing country.
Thanks to the success of its reforms in transport and telecommunications, India attracted more investment commitments to infrastructure projects with private participation in 2006 than any other developing country. Indeed, commitments in India were nearly twice those in its nearest rival, Brazil, and well ahead of those in China.

Check the full report: http://www.pppinindia.com/pdf/gridlines.pdf