Nandadeepa Article 2025
Nandadeepa Article 2025
Faculty Development Program on filing of patents and copy rights by Prof. Rajiv
Mishra: 18th December 2024
The objective of faculty development program (FDP) was to motivate faculties to file for
patents and copyrights. Topic of FDP was filing of patents and copyrights. Dr. Purshottam
Patil, Director, SVIMS Business School, taken initiative to arrange this FDP. Prof. Rajiv
Mishra, Assistant Professor, Ratnam College, Bhandup West, Mumbai, conducted this FDP
on 18/12/2024 at the conference room. Dr. Vishwanth Malji. Associate Professor-HR
introduced Prof. Rajiv Mishra with brief profile. Faculties of Sir M Visvesvaraya Institute of
Management Studies and Research, SVIMS Business School and NKES Degree college
attended FDP.
Prof. Rajiv Mishra explained about the concept of patent giving his own example of filing
patent. Patent is a legal document giving the holder exclusive intellectual property rights over
a specific innovation. Patents are important elements in encouraging innovation. Process,
machine, manufactured article and composition of matter can be patented. Prof. Rajiv Mishra
had given his own example of patent on rechargeable banking transaction device. He had
given other examples like an antitheft security system for the banking industry and electronic
banking security system. He elaborated on how to register for a patent through 5 steps: 1)
Conduct through research, 2) Draft a patent application, 3) File the patent application, 4)
Patent examination and prosecution, and 5) Grant and rejection of patent.
Prof. Rajiv Mishra then explained on the copyrights. The term originated in the copyright
law means that the work originated with the author. It is right which grants protection to the
unique expression of idea. India has a very strong and comprehensive copyright law based on
Indian Copyright Act, 1957 which was amended in 1982, 1984, 1992, 1994 and 1999. Filing
copyright is important due to establishing ownership, providing notice, preserving rights,
educating users, and preventing misuse. Scope of copyright can be in the literary, films,
dramatic, musical, artistic, sound recording, books, and broadcast areas. Prof. Rajiv Mishra
elaborated on the benefits of copyright such as preserving creative freedom, encouraging
innovation, combating piracy, economic implications, opportunity for international
collaboration and balancing access and protection. Copyright registration should be
prioritized when possibility of competitor copying the work and high potential damage to
your business if copying happens. Copyright registration can be done electronically with
information like title of the work, year work was completed, date and nation of first
publication, author names, and name & address of claimant. Processing time for
electronically filed application will be 6-8 months, and paper filed application 8 to 10
months, Certificate of registration will be received if successful. Rights of copyright holder
are right to reproduce, right to communicate to public, right to issue new copies of the work,
right to have a copyright for fixed terms. right to assign and right to seek legal remedy in case
of infringement.
Faculty development program ended with vote of thanks by Dr. Vishwanath Malji.
Samarth Seminars:
Mr. Anusheel Shrivastava, Director & Co-Lead (Insights West), Kantar India conducted a
Samarth Seminar on the Topic- ‘Research: Kal, Aaj aur Kal…’.
He covered the basics of market research and highlighted the paradigm shift of how the
research used to take place before, and how it is done now?
Mr. Ajimon Francis, MD, Brand Finance- India, had been invited for a ‘Samarth Seminar’ to
address our SY MMS & PGDM students on the topic ‘Changing landscape in Brand Strategy
– need for multi-disciplinary understanding for MBA pass outs in this current market
situation’. Students learnt about the basic metrics required for a business to succeed and
realized the importance of multidisciplinary approach for their career growth in future.
The Institute conducted the Samarth Seminar on 23 rd November 2024 at the SVIMS
campus. The
main speaker was Mr Kapil Dev Lamba, Founder-Director Of Satyadedi Institute of Financial
Learning
Pvt Ltd (SIFL) which is a leading training institute for Banking, Forex, Trade Finance and
Fixed Income
Securities. SIFL is also an authorized training centre for the International Dealing Certificate
examination conducted by ACI Forex, Paris, France. This certificate is mandatory for forex
dealers
world over.
The welcome speech was delivered by Dr Purshottam Patil, Director SVIMS who thanked Mr
Lamba
& Mr P V Rao for their support in conducting the Treasury and Trade Finance course.
Mr Lamba Spoke about the international opportunities in the area of forex and trade finance
and
impressed upon the students to get themselves certified in important areas of banking and
finance.
Mr Lamba informed the students that it was heartening to note that the entire batch of 2022-
24 got
placed when the placement situation all around is bleak.
The day was marked by distribution of certificates to students of PGDM (General) Finance
specialization for successfully completing the Treasury and Trade Finance course conducted
by SIFL
in collaboration with SVIMS Business School.
The Institute conducted a one day MDP on Technical Analysis on Saturday, 20th July 2024.
Delegates from different banks (both public and private sector) and foreign banks participated
in the MDP. The main speaker was Mr V Raja Gopal an eminent expert in the field who held
important positions at ICICI Bank & Kotak Mahindra Bank
The seminar focused on charting methods and techniques and using the same for profitable
trading. The presentation was interspersed with real life examples and anecdotes to drive
home the importance of technical analysis. The speaker who is well-known for his humour
and levity ensured that there was no dull moment during the seminar. We received very good
feedback from the delegates about the seminar and other facilities including the hospitality.
One of our alumni also participated as a special invitee.
Our Director Dr Patil delivered the welcome address and informed the delegates about the
various important initiatives that are undertaken for better placement of students and also for
a fruitful industry-academia collaboration. Dr Patil also talked about initiatives in consultancy
and research, particularly with IIT Mumbai.
Prof Atul Mandale & Prof Ayan Thakur interacted with the participants to explore the
possibilities for placements and consultancy respectively. Prof Mani made a presentation on
the “Currency Boards” system in the seminar. On the whole the seminar was a success.
M D P o n F o r e i g n Tr a d e P o l i c y
ABOUT THE PROGRAM
“The illiterate of this century will not be those who cannot read and write, but those who
cannot learn, unlearn, and relearn.”
– Alvin Toffler
At SVIMS we are greatly inspired by these words of the great American writer, a prominent
futurist and the proponent of the theory of ‘The Third Wave society. We are convinced that
there is a need for a paradigm shift in management education and decided to choose the path
that leads to this shift.
SVIMS and SVIMS Business School in collaboration with Satyadevi Institute for Financial
Learning (SIFL) have organized a one day MDP on “Foreign Trade Policy & Indian Rupee
invoicing” which was conducted in the ground floor Conference Hall of SVIMS campus
The MDP is meant for professionals who are already working in the field of International
Trade and Trade finance
For businessmen, exporters and importers
For students and academics.
This program was conceptualised, prepared and delivered by Senior Banking Professionals
focused on Foreign Trade Policy and International Trade.
The MDP was attended by bankers and alumni. The speakers were Mr Bharat Chandela,
Foreign Trade expert Mr V Rajagopal, Ex Chief Dealer from Kotak Mahindra Bank Limited
and Mr Sudhakar Kasture, International Trade Consultant.
Dr Purshottam Patil, Director, SVIMS delivered the welcome address. Dr Vasumathy
Hariharan, Dean Academics, SVIMS, felicitated the speakers and also spoke about the
importance of MDP.
The MDP started at 10.00 am and closed at 4.30 pm.
The MDP received very good feedback from the participants and the speakers.
Study Visit to World Trade Expo 2024
UTHAAN 2k25
The SVIMS Annual Inter-Collegiate Fest.
UTHAAN 2K25 ignited with the fiery theme of "Fire" and the powerful slogan "Arise,
Awake, Achieve." Held on February 5th, 6th, and 7th, 2025, the festival radiated its signature
energy, enthusiasm, and vibrancy.
The grand celebration commenced with the traditional lighting of the lamp by the Trustees,
followed by a warm welcome address from Dr. Purshottam Patil, Director of SVIMS. Mrs.
Padmaja Banwasi, Hon. Secretary of NKES, officially declared the festival open, setting the
stage for an exhilarating experience. A flash mob performance, orchestrated by students,
added an electrifying start to the festivities.
Both outdoor and indoor events received an overwhelming response. High-energy outdoor
sports like Box Cricket, Kabaddi, Tug of War, Volleyball, and Rink Football attracted teams
from various colleges across Mumbai. The intense competition was matched by a remarkable
display of sportsmanship and teamwork.
Meanwhile, indoor events such as Chess, Carrom, and BGMI saw enthusiastic participation.
For those with a sharp mind and business acumen, the CET Challenge and Shark Tank
Competition provided a platform to showcase their entrepreneurial spirit.
Music lovers were treated to a singing competition, while rappers impressed the audience
with their dynamic performances. The dance competition was a high-energy spectacle,
leaving the audience cheering on their feet. Adding to the excitement, the fashion show
delivered powerful social messages, addressing contemporary issues with creativity and flair.
Overall, UTHAAN 2K25 was a resounding success, bringing together talent, passion, and
camaraderie in a celebration that will be remembered for years to come.
Sports Day and Freshers Party (2024-26 Batch) 8th February 2025
SVIMS Sports Day was celebrated on 8th February 2025 with great enthusiasm. The
event featured thrilling Box Cricket matches between the MMS and PGDM teams,
where the PGDM team emerged as the champions. Additionally, a friendly match was
organized between teams comprising teaching faculty and non-teaching staff, adding
to the excitement and camaraderie of the day.
Freshers’ Party
Same evening Freshers Party was organised in the NKES Auditorium for 2024-26
Batch after lunch. There was a fashion show as a part of the Program. On the basis of
performance in the fashion show Mr and Miss MMS, PGDM, PGDM(General) were
awarded the prizes. The freshers party ended with DJ.
“Mission 53020107507”
During the Freshers' Party, Director Dr. Purshottam Patil introduced “Mission
53020107507” for the 2024-26 batch, which was officially unveiled by the SVIMS
faculty members on stage.
This mission underscores the institute’s commitment to student placements, with all
activities aligned toward achieving this goal. The objective is to secure ₹30 LPA
packages for 5 students, ₹10 LPA for 20 students, and ₹7 LPA for the remaining 75
students. The initiative will be student-driven, with active participation in various
committees, under the guidance of faculty members, ensuring a structured and result-
oriented approach to placements.
Placement Highlights – SVIMS (Batch 2023-25)
The placement season for the 2023-25 batch at SVIMS has been impressive, with 85
companies visiting the campus for recruitment. The highest CTC (Cost to Company) offered
stands at ₹7 LPA, while the average CTC is ₹4.5 LPA, reflecting strong employment
opportunities for students.
Top Recruiters:
Renowned organizations such as Morgan Stanley, FedEx, IDBI Bank, TATA AIG, Nomura,
Indiamart, Parag Milk Foods, HDFC Mutual Fund, Bond Bazaar, and many more have been
part of the recruitment drive.
Major Recruiters and Number of Hires:
IDBI Bank – 09
TATA AIG – 09
Parag Milk Foods – 07
Nomura – 05
Indiamart – 04
With steady participation from industry leaders, SVIMS continues to strengthen its corporate
ties, ensuring promising career opportunities for its students.
15/02/2025
1st prize – Steve Anthony
2nd Prize – Priyanka Franscis
Conclusion:
The "Union Budget 2025 Analysis Event" proved to be a resounding success, offering
students a platform to not only enhance their knowledge but also improve their critical
thinking and communication skills. The event was a testament to the collaboration
between students, faculty, and guest dignitaries, and it contributed significantly to the
academic and personal growth of the participants.
Article by Prof.Gangadharan Mani
Mahakumbh Mela - 13th January 2025 to 26th February 2025 - The economic impact
Crores of devotees descending on the banks of the Sangam to be part of the world's largest
religious congregation underscores its unparalleled magnitude. The Mahakumbh, for some,
serves as a path to spiritual fulfilment; for others, it is an opportunity to seek salvation.
Many are drawn by curiosity about the rituals and the spectacle of such a vast assembly.
However, the millennia-old, 46-day event, with an anticipated footfall of nearly 45 - 50
crore, is also a significant economic driver, contributing substantially to the nation's economy.
Held every 12 years and sprawling over a 10,000-acre expanse, the Mahakumbh is set to give
a substantial boost not only to Uttar Pradesh's economy but also to the nation's.
"If 40 crore people visit the Mahakumbh, each spending an average of Rs 5,000, the event
could generate up to Rs 2 lakh crore," the Chief Minister stated. He added that the
Mahakumbh-2025 could contribute over 1 per cent to India’s nominal and real GDP.
In comparison, the 2019 Kumbh contributed Rs 1.2 lakh crore to Uttar Pradesh's economy,
drawing 24 crore visitors, double the footfall of the 2013 Kumbh.
The Kumbh Mela, often regarded as the world’s largest religious gathering, is not only a
profound spiritual event but also an economic powerhouse. Held every 12 years in Prayagraj,
Uttar Pradesh, the Maha Kumbh Mela attracts millions of pilgrims and tourists, creating a
cascading economic impact across multiple sectors. The 2025 Maha Kumbh Mela is set to
generate unprecedented economic activity, making it a prime example of how cultural events
can fuel regional and national economies.
Described by UP Chief Minister Yogi Adityanath as the "world’s largest temporary city," the
Mahakumbh Nagar can accommodate 50 lakh to 1 crore devotees at any given time. It
promises to be a money-spinner for a variety of sectors.
Economic Impact and Revenue Generation
The economic footprint of the Kumbh Mela is immense. In 2013, the event generated
approximately ₹12,000 crore in revenue. This figure surged to ₹1.2 lakh crore in 2019. For
the current 2025 Maha Kumbh Mela, projections estimate revenues could soar to ₹2 lakh
crore. This is largely due to an anticipated attendance of nearly 45-50 crore people over the
45-day festival.
Such massive revenue is driven by spending on transportation, accommodations, food, retail,
and other services. For instance, during the 2019 Kumbh Mela, daily spending by visitors
averaged ₹300-₹500 per person, contributing significantly to local businesses. For 2025,
with inflation-adjusted expenses, this figure is expected to rise to ₹600-₹750 daily per
person, magnifying its economic impact.
Employment Opportunities
The Kumbh Mela acts as a massive employment generator. In 2013, the event created nearly
100,000 direct jobs and a similar number of indirect employment opportunities. By 2019, this
number rose to over 600,000 jobs. For 2025, estimates suggest more than 800,000 jobs will
be created, covering sectors such as:
Tourism and Hospitality: Over 300,000 individuals are expected to find work in
hotels, guesthouses, and other lodging facilities.
Transport Services: Approximately 150,000 people, including drivers, conductors, and
logistics personnel, will benefit from the increased demand for public and private
transportation.
Retail and Food Vendors: Over 200,000 vendors are anticipated to operate within the
festival premises, offering food, beverages, and religious paraphernalia.
Event Management and Support Services: Nearly 150,000 jobs will emerge in event
coordination, security, sanitation, and other supporting services.
Boost to Tourism and Hospitality
The tourism and hospitality sectors stand to gain significantly from the influx of visitors. In
2019, over 24 crore visitors attended the event, generating approximately ₹1.2 lakh crore for
these industries. The 2025 Kumbh Mela is expected to surpass these figures, with the
following key impacts:
Hotels and Lodges: Nearly 60,000 accommodations, ranging from budget guesthouses
to luxury hotels, are projected to operate at full capacity. These establishments could
collectively earn over ₹15,000 crore.
Temporary Shelters: To accommodate the vast number of pilgrims, the government
plans to erect more than 100,000 tents, generating an additional ₹10,000 crore for the
sector.
Food and Beverages: Local eateries and food vendors are likely to earn upwards of
₹5,000 crore, catering to the diverse dietary preferences of attendees.
Tour Operators: With millions of domestic and international tourists expected, tour
operators are set to earn an estimated ₹4,000 crore by offering curated travel
packages, guided tours, and transport services.
Transportation Sector
Transportation is another major beneficiary of the Kumbh Mela. In 2019, the Indian Railways
operated over 1,000 special trains to cater to the influx of pilgrims. For 2025, this number is
expected to exceed 1,500 special trains, contributing ₹20,000 crore in revenue. Similarly, bus
services, including private operators, could generate an additional ₹12,000 crore. Ride-
hailing platforms like Ola and Uber, as well as local taxi and auto-rickshaw operators, are
expected to earn over ₹4,000 crore during the festival.
Infrastructure Development
Hosting an event of this magnitude requires substantial investment in infrastructure. For the
2025 Maha Kumbh Mela, the Uttar Pradesh government has allocated nearly ₹5,500 crore to
improve roads, bridges, sanitation, and water supply. This spending not only ensures the
festival’s success but also leaves a lasting legacy for the residents of Prayagraj. Improved
connectivity and urban amenities will enhance the city’s appeal as a tourist destination,
fostering long-term economic growth.
Branding and Marketing Opportunities
The Kumbh Mela provides a unique platform for branding and marketing. In 2019,
corporations invested nearly ₹2,000 crore in advertising and sponsorships. For 2025, this
figure is expected to exceed ₹3,000 crore. Brands across sectors such as FMCG, banking,
and telecom leverage the festival’s massive audience to amplify their reach and visibility.
Additionally, the government’s promotional efforts, including digital campaigns and
international roadshows, further boost the event’s economic impact.
Long-Term Economic Legacy
Beyond its immediate benefits, the Kumbh Mela contributes to the long-term economic
development of the region. The infrastructure upgrades and global exposure associated with
the event enhance Prayagraj’s profile as a cultural and tourist hub. The city’s improved
amenities and connectivity are expected to attract investments and sustain economic growth
long after the festival concludes.
Conclusion
The Kumbh Mela exemplifies how cultural and religious events can drive economic
development on an extraordinary scale. By generating over ₹2 lakh crore in revenue, creating
nearly 800,000 jobs, and catalyzing improvements in infrastructure, the 2025 Maha Kumbh
Mela underscores its dual role as a spiritual and economic phenomenon. As preparations
continue, the event remains a testament to India’s ability to blend tradition with modern
economic opportunities.
Source: The New Indian Express, Kotak Securities. Picture Courtesy: various
newspapers/websites
UNION BUDGET ANALYSIS 2025
-SIDDHI AUTI
MMS(2024-2026)
The government's financial plan for the upcoming fiscal year is laid out in the Union Budget
2025, which is presented by the finance minister Mrs.Nirmala Sitharaman. It seeks to serve
the demands of corporations, industries, and the average citizen while striking a balance
between social welfare and economic progress. This budget establishes the framework for
India's economic future with a particular emphasis on digital transformation, tax changes, and
infrastructure. The budget is a key factor in determining the financial health of the country as
India navigates international challenges and continues its post-pandemic recovery. This
analysis looks at the main points and how they affect various stakeholders, including the
general public and private businesses.
Income tax revisions were one of the budget's most anticipated features. In an effort to help
middle-class taxpayers, the government has changed tax slabs, enabling more deductions and
exemptions. This move is expected to enhance the disposable income of the salaried class,
encouraging higher spending and contributing to overall economic growth. While this
provides financial relief, ensuring that inflation and indirect taxes do not offset these benefits
will be crucial for maximizing its impact. However, since indirect taxes on some
commodities could cancel out these advantages, worries about inflation are still present.
Furthermore, fuel prices continue to be a significant problem that has an immediate impact on
household finances.
Even though tax breaks are appreciated, many individuals still struggle to pay basic
necessities. With sizeable allotments for roads, railroads, metro projects, and smart city
programs, the budget also places a strong emphasis on infrastructure development. It is
anticipated that this increased investment will promote growth in both urban and rural areas
by creating job opportunities and enhancing connectivity. This translates to improved
company operations, quicker supply chain movement, and better logistics for private
enterprises. Since better infrastructure draws investments and raises property prices, the real
estate industry is also anticipated to gain from these advances. However, given the delays in
infrastructure execution in past budgets, timely implementation continues to be a concern.
The government has offered increased subsidies for crop insurance, irrigation projects, and
fertilizers for the agricultural industry. In order to cut out intermediaries and guarantee better
prices for agricultural products, digital platforms for direct farmer-to-market transactions
have been introduced. In order to increase employment prospects in villages, rural
employment programs have also been extended. Despite the advantages of these policies,
farmers still face difficulties brought on by climate change and shifting commodity prices.
One of the government's main challenges will be to guarantee that subsidies reach the
intended recipients without encountering any administrative obstacles. This budget has given
healthcare a significant boost, with more money going toward medical research, primary
health facilities, and mental health awareness initiatives. Since many distant communities still
lack adequate medical facilities, the government's commitment on developing rural
healthcare infrastructure is a positive move. New insurance programs also seek to lower the
cost of healthcare for those in lower socioeconomic groups. To ensure that everyone has
access to healthcare, additional price control measures might be necessary, since the growing
expense of medications and therapies continues to be a worry.
This year's budget has placed a lot of emphasis on private companies, especially startups and
MSMEs. The goal of lowering corporation tax rates and streamlining compliance processes is
to promote entrepreneurship and lessen the financial strain on small enterprises. In keeping
with its goal of sustainable economic growth, the government has also announced incentives
for green energy companies and women-led enterprises. Another key area of concentration is
the digital economy, which includes investments in 5G rollout, cybersecurity, and artificial
intelligence. It is anticipated that these actions will speed up technical development and
generate new employment prospects. However, firms adjusting to these developments may
face difficulties due to heightened regulatory scrutiny and changing legislation.
Leaders in the sector and experts have had differing opinions about the budget. The
increasing public spending on social welfare and infrastructure is welcomed by economists,
but they are still wary of managing the budget imbalance. Although they have embraced the
tax breaks and startup incentives, business executives want greater clarity on how the policies
would be implemented. Despite being alleviated by tax reforms, the middle class is
nevertheless concerned about inflation and growing living expenses. The true effects of the
budget's measures on social stability and economic growth will become more apparent as
they develop over the next few months.
All things considered, the Union Budget 2025 offers a comprehensive strategy for promoting
social welfare, economic stability, and private sector expansion. Although its emphasis on
infrastructure development, job growth, and digital transformation is admirable, issues like
inflation and managing the fiscal deficit require careful consideration. With tax breaks on the
one hand and growing living expenses on the other, the budget offers both relief and worries
to the average person. The incentives offer private businesses the chance to grow, but it will
be essential to adjust to changes in the law. The success of this budget as India develops will
rely on how well it is implemented and how well the government can handle new economic
issues. Whether or not these measures will actually guide the country toward long-term
prosperity will only become clear with time.