UDHYOGMITHRA®friend of employment

NISC 2014 Jury Presentation

UDHYOGMITHRA®friend of employment

The Situation

Shar Technologies Group (STG) is incorporated in 2005 by Dr.Prasad Rao Pasam MBA, PhD andKorchipati 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 customersdelight. STG is a registered Partnership Firm (Reg No:2252/2005) and is presently offeringsolutions in Human Resources – Training & Employment. STG started India’s first Medical CareGPO (Group Purchasing Organization). Padmabhushan Prof.B.M.Hegde is our Chief Mentor for thisinitiative. STG’s CSR arm - Venche Foundation.

Dr.Prasad Rao Pasam, Founder & Managing Partner did his Master in Business Administration andDoctorate in Human Capital Management. He has over 17 years of experience in Human CapitalManagement and domain expertise in the sectors like IT/ ITES, Healthcare, Media, BFSI, Retail,Agriculture, Construction, Automobile, Capital Goods, Apparel, Telecom, Electronics etc. Heinitiated “Talent Exchange” Employment Newspaper Weekly (RNI: APENG/2011/35812) andinnovated a role called UDHYOGMITHRA® (Trademark No: 2121749) Friend of Employment. ShriNarayana Murthy of Infosys offered his patronage for Talent Exchange™ on March 4th 2011.

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Shar Technologies Group (STG) is incorporated in 2005 by Dr.Prasad Rao Pasam MBA, PhD andKorchipati 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 customersdelight. STG is a registered Partnership Firm (Reg No:2252/2005) and is presently offeringsolutions in Human Resources – Training & Employment. STG started India’s first Medical CareGPO (Group Purchasing Organization). Padmabhushan Prof.B.M.Hegde is our Chief Mentor for thisinitiative. STG’s CSR arm - Venche Foundation.

Dr.Prasad Rao Pasam, Founder & Managing Partner did his Master in Business Administration andDoctorate in Human Capital Management. He has over 17 years of experience in Human CapitalManagement and domain expertise in the sectors like IT/ ITES, Healthcare, Media, BFSI, Retail,Agriculture, Construction, Automobile, Capital Goods, Apparel, Telecom, Electronics etc. Heinitiated “Talent Exchange” Employment Newspaper Weekly (RNI: APENG/2011/35812) andinnovated a role called UDHYOGMITHRA® (Trademark No: 2121749) Friend of Employment. ShriNarayana Murthy of Infosys offered his patronage for Talent Exchange™ on March 4th 2011.

The Challenge/Gap

The irony is “UNEMPLOYMENT AND VACANCIES CO-EXIST”The irony is “UNEMPLOYMENT AND VACANCIES CO-EXIST”

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STG has realized this gap and innovated “Udhyogmithra” which will help building a strong HREco-system and create India's most trusted hyper local primary date that will continuously feed“LOCAL LMIS”.

The Solution

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ImpactUDHYOGMITHRA® LMIS - Hyper Local Primary Data in Unorganized and Organized Sector.

Job Seeker(Fresher/

Experienced)

Job Seeker(Fresher/

Experienced)EmployersEmployers

UDHYOGMITHRA®

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SkillsDevelopers

&Certification

Partners

SkillsDevelopers

&Certification

Partners

GovernmentAgencies

GovernmentAgencies

Local

LMIS

Business ModelThe access to this data collected by the Udhyogmithra® is at the disposal of the stake holders ofthis HR Eco System and used accordingly. Through a paid membership.

Revenue/ Business Model: Grants, Skill development fees, certification fees, advertisements onthe 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

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OWNUM

KIOSKS

FRANCHISEUM

KIOSKS

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 andbecome his/ her real friend of employment. – “A fiend in need is friend in deed”. UdhyogmithraSmart Card - a Unique business model to make skill database handy.

• Udhyogmithra idea a new novel concept which will compliment and supplement the existingideas and concepts.

Scalable Measurable

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To enable this, STG innovated a role called UDHYOGMITHRA® - Friend of Employment. Thisindividual who will be qualified as certified “COMMUNITY EMPLOYMENT ANALYST” will beworking closely with Job Seekers, unemployed youth at rural and urban level. Interact with localemployers in unorganized sector and organized sector to understand their skill requirements andvacancies. The primary data collected will be analyzed and shared with stake holders both publicand private working in skill development and employment space.

To enable this, STG innovated a role called UDHYOGMITHRA® - Friend of Employment. Thisindividual who will be qualified as certified “COMMUNITY EMPLOYMENT ANALYST” will beworking closely with Job Seekers, unemployed youth at rural and urban level. Interact with localemployers in unorganized sector and organized sector to understand their skill requirements andvacancies. The primary data collected will be analyzed and shared with stake holders both publicand private working in skill development and employment space.

Scalable Measurable

Marketing & Sales• Udhyogmithra is the catalyst and the marketing, sales revolves is initiated through this

person who facilitates mobilizing unemployed youth, skill development through variousskilling agencies, assess them, deploy them to the industry through a referral process -

UDHYOGMITHRA® Portal.

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Mobilize Train Employ

UDHYOGMITHRA®

The Financials

Principal moratorium 3 MonthsInterest Moratorium 0Principal Repayment period 120 monthsInterest Repayment period 120 months

[Please note Interest will be paid quarterly ]Interest rate 6.00

Principal moratorium 1QuarterInterest Moratorium 0Principal Repayment period 39QuartersInterest Repaymentperiod 40Quarters[Please note Interest will be paidquarterly ]Interest rate 6%Total loanrequirement 90.5625lacs

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Interest rate 6.00Total loan requirement 120.75Installments (in months) 120 months

Promoters Contribution: 25% of this project cost

Loan from NSDC: 75% of this project cost

Total loanrequirement 90.5625lacs[Please note Principal & Interest repayment atend of quarter][Please note Actual Interest will be calculated on thebasis of the actual date of disbursement]

Microsoft OfficeExcel 97-2003 Worksheet

Financials - Template as per NSDC

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 25,835Udhyogmithras covering 6,45,856 villages in India (Census 2012). One UDHYOGMITHRA® forevery 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 theperson.

• Udhyogmithra® will identify and record in predefined format the list of companies/ employersemploying more than 5 employees and record the manpower vacancies and skills required bythese local companies/ local employers.

Enough room to play

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• 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 25,835Udhyogmithras covering 6,45,856 villages in India (Census 2012). One UDHYOGMITHRA® forevery 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 theperson.

• Udhyogmithra® will identify and record in predefined format the list of companies/ employersemploying more than 5 employees and record the manpower vacancies and skills required bythese local companies/ local employers.

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 entryadvantage 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 tobecome the 4th largest economy by 2025, contributing about 5.5%-6% to the world GDP, onlyafter the United States, China and Japan4 . While most of these countries face the risk of anageing workforce, India is expected to have a very favorable demographic profile. The populationof India is expected to exceed 1.3 billion by 2020 with a median age of 28 which is considerablyless than the expected median ages of China and Japan. The working population of India, isexpected to increase to 592 million by 2020, next only to China (776 million), pointing to the factthat 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)

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Recruitment Companies, Job Portals, any New Interventions and Innovations.

BUT

The space and the opportunity is so huge that Udhyogmithra being Innovation and first entryadvantage 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 tobecome the 4th largest economy by 2025, contributing about 5.5%-6% to the world GDP, onlyafter the United States, China and Japan4 . While most of these countries face the risk of anageing workforce, India is expected to have a very favorable demographic profile. The populationof India is expected to exceed 1.3 billion by 2020 with a median age of 28 which is considerablyless than the expected median ages of China and Japan. The working population of India, isexpected to increase to 592 million by 2020, next only to China (776 million), pointing to the factthat 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)

Management TeamPatrons:Mr. N. R. Narayana MurthyProf. B. M. Hegde

Mentors:Mr.K.V.Raghavaiah, Ex GM-ITC and Visiting Prof atSymbiosisDr.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 AarogyasriCommunity Health Insurance Scheme in Andhra,Covering 65 Mn BPL Population

Mrs.Radhika Rajani, MBA with 15 yrs of exp inHuman Resources. Vice President of VencheFoundation

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Patrons:Mr. N. R. Narayana MurthyProf. B. M. Hegde

Mentors:Mr.K.V.Raghavaiah, Ex GM-ITC and Visiting Prof atSymbiosisDr.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 AarogyasriCommunity Health Insurance Scheme in Andhra,Covering 65 Mn BPL Population

Mrs.Radhika Rajani, MBA with 15 yrs of exp inHuman Resources. Vice President of VencheFoundation

Mr.N R Narayana Murthy launching TalentExchange Employment Newspaper at Infosys H.Q

and presented Dr.Prasad Rao Pasam with hisbook, “A Better India A Better World”

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.

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100 Udhyogmithra Kiosksoperational in 2015

Contact details

SHAR TECHNOLOGIES GROUP204, Park View Residency, opp Community Hall,Siddhartha Nagar, Vengalrao NagarHyderabad 500 038, Andhra PradeshTel/ Fax: +91 40 2380 3333Mobile: +91 917 711 1779E mail: prasadrao@sharinc.comUrl: http://www.sharinc.com

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SHAR TECHNOLOGIES GROUP204, Park View Residency, opp Community Hall,Siddhartha Nagar, Vengalrao NagarHyderabad 500 038, Andhra PradeshTel/ Fax: +91 40 2380 3333Mobile: +91 917 711 1779E mail: prasadrao@sharinc.comUrl: http://www.sharinc.com