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Foreign Direct Investment – Growth And the Quality: Is All FDI Equal?

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Academics and policy makers take Foreign Direct Investment (FDI) to be an important source of productivity from the host nation. Apart from supplying the needed capital, FDI acts as a good source of valuable technology while at the same time fostering linkages with local firms thus jump starting an economy. However, there are still some issues which need to be put into consideration if economic growth and FDI are to show a positive relationship.

Policy holders believe that some Foreign Direct Investment projects have a better output than others. This is quite the opposite of what academics think about FDI since they consider it to be a homogenous capital flow. National policies on the other hand tend to follow the views of policy holders by attracting some types of FDI while at the same time regulating others.  This action shows that there are some FDI projects which have a huge impact to the economy considering how governments are treating them.

Policy holders may be right in their arguments considering how the growth of FDI varies across industries.  Being specific, the potential advantages which may be derived from Foreign Direct Investment across the primary, manufacturing and services sector show a significant difference. However, this is not the only difference that exists since there may be some dissimilarities among industries within a sector.

Foreign Direct Investment

Many people find it hard to determine the different qualities of Foreign Direct Investment when re-examining the relationship between economic growth and FDI. This is mainly because they fail to understand the impact of a given unit of FDI on the growth of an economy.  In addition to this, it is also difficult to measure the project characteristics of FDI and thus causing more problems.Fortunately, you can use the industry level analysis to differentiate Foreign Direct Investment based on the industry-level characteristics.

The relationship that exists between FDI and economic growth at the industry level tends to be stronger in industries which are more reliant on external capital. This also applies in industries with higher skill requirements as they both show the same characteristics. These findings not only show consistency with the current macro literature and benefits of FDI but also act as important evidence of cross-industry differences in the effects of Foreign Direct investment.

To understand the growth and quality of Foreign Direct Investment, you have to make use of suitable techniques. However, you will first have to consider the best technique which guarantees maximum results. The good news is that the success of any matching technique solely depends on your ability to correctly predict the probability of a given industry being targeted. For this reason, you have to make use of a good predictive model, if you are to support all the findings.In conclusion, it is true to say that FDI is not equal as academics put it. However, this is still subject to further research and hence any notion may be true so long as there is supporting evidence.

Filed Under: Finance

Employee PF Balance and EPF Status using PF or UAN Number

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When do I get the money and do I have to save? The common question especially for new employees. The money covers you in retirement it will benefit you and family at the retirement age. You have beneficiary as on one of the family members. The fund is compulsory for all government employees.

On historical basis the scheme was launched by the India government in the year 1952. This through the employee provident fund and miscellaneous provision act. The Jammu and the Kashmir state among all the India state exclude themselves from the scheme. It is the biggest social scheme in the world and almost all the people in organization and government are registered in the EPF scheme.

  1. Different schemes under the EPF act
  2. Employee’s provident fund scheme(EPFS)
  3. Employee’s pension scheme(EPS)
  4. Employee’s deposit linked insurance scheme(EDLI)

How do I get provident fund

If a certain situation pushes the user on can have a temporary withdraw. But has to be paid so after or maybe the first month after the loan. As the system developed the employees can move from one job to another and still get their PF fund. Before it took long to transfer the funds to new employer.

How do I check my EPF balance without UAN Number or PF number?

  • First ensure the UAN number is activated by your current employer.
  • Visit the EPF official website: https://epfindia.gov.in
  • Go to the “our services” on the menu bar.
  • Select the “option member passbook” on the same menu bar.
  • The login page will appear on the screen, now enter your UAN number and the password.
  • Now you have the access for all other government services.

Checking the EPF Balance Amount without the UAN number

The following are the detailed steps to know the Employee PF Balance Check without UAN / PF Number in passbook.epfindia.gov.in. Instructions are as follows….

Using SMS
Send an SMS to the number 7738299899 on the same box type EPFPHO UAN ENG.
The ENG abbreviation only show the type of language to use. You have many option like: Kannada, Malayalam, Gujarati, Hindi, Bengali and many others. Example SMS EPFPHO UAN MAL.

EPF Balance Check using PF number or uan number

Using a missed call
Give a missed call on 011-229014016 from the registered mobile number.

Check the EPF claim Status with the EPF number

  • You have to visit the ‘Know Your Claim Status’ and tap on the ‘Click here for knowing the Claim Status’ Option.
  • You have to select the state in which your PF account administrated.
  • A table will appear on the screen, and you have to choose the city.
  • The first two boxes of your PF account will appear, and you have to fill the rest of the boxes
  • The last update claim status will show on the screen.

PF balance check using PF number

  • Visit the official website: http://www.epfindia.gov.in
  • The menu will open up and click on the option of “your PF balance.
  • A new page will open and on the heading a member balance information will show.
  • Click on the option of your state.
  • Choose your EPF office.
  • Pick on your code.
  • Now enter your PF number your name, mobile.
  • Select a box written I agree.
  • Now submit the request.

How do I check the EPF status at the passbook?

  • Visit the official website: https://epfindia.gov.in
  • Go to menu bar and select “our service” on the same menu select “for employee’s and click service.
  • Select know your claim status.
  • This link will open: https://passbook.epfindia.gov.in/memclaimsstatusUAN/
  • Two boxes will open, enter the UAN number and the other box enter you captcha code.
  • Now click on the search button.

Filed Under: Finance, Government

Suprabhata Seva Tickets Online Booking in ttdsevaonline.com

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Suprabhata Seva is a type of Seva that takes place as from 3 A.M and usually lasts for half an hour. Devotees who want to take place in Suphrabata Seva have to visit Vaikuntam Q Complex that is just opposite Vijaya Bank.  Any pilgrim who is taking part in Suprabhatam Seva will have to reach the location at least one hour before the Seva starts. This action is very important since it ensures that every devotee has settled down before finally starting Suprabhata Seva.

Any devotee who wants to participate in Suprabhata Seva, will have to purchase a ticket online or from the temple. Devotees who want online tickets must make use of Tirumala Tirupati Devasthanams Website that operates 24 hours a day unless it is under maintenance. Unfortunately, you must create an account on this site before getting any service that you need. After creating an account, you can then book your Suprabhata Seva ticket by clicking on the “Seva” button. Each ticket is specifically set aside for one devotee and you will have to make the bookings at least one month before Suprabhatam Seva takes place. The good news is that children under 12 years do not need a Seva ticket in order to participate in Suprabhata Seva since it is free of charge.

During Suprabhata Seva, tickets holders will have to carry their tickets and ID proof to avail Darshan. You will also have to follow the dress code if you are to take part in Suprabhata Seva.  Men must put on a White Pancha, Dhoti/ Kurta and Pyjama while women usually put on Saree with blouse, Punjabi dress with Dupatta, Chudidhar with Dupatta or Half Saree. At the gate, there will be a team of people who will have a look at your Suprabhata Seva ticket before allowing you access. Devotees who arrive earlier are at a great advantage since they can sit at the front.

Sri Venkanteswara Swamy Suprabhatam Seva consists of four phases with a total of 70 Slokas. These phases include:

  • Suphrabhatham i.e. waking up the Lord from sleep. During this phase, devotees will have to recite 29 Slokas.
  • Strotra, a phase that consists of 11 Slokas, hymns of the Lord.
  • Prapatti i.e. Surrender to the Lord. This phase usually consists pf 16 stanzas.
  • Mangalasnana, a prayer of the Lord’s glory and consists of 14 stanzas.

Devotees usually sing Suprabhatham before the Bangaru Vakili after which they will shift the Bhoga Srinivasa Murthy to Garbha Griha. Once this is done, they will offer Navanitha Harathi to the Lord before finally offering a mixture of Cow’s milk, sugar and butter. It is important to take part in Suphrabata Seva at least once in a while if you want to create a long lasting experience. All you have to do is book your ticket online at Tirumala Tirupati Devasthanams Website. You should remember to make prior booking since it is not possible to book Suphrabata Seva tickets on the D-Day.

Filed Under: Finance

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