May 2023 - Page 7 of 12 - BOLLYWOOD SURKHIYAN

Profound Capital Markets for Renewable Energy – Eco-Plant Corporation

Investing in Renewable and Efficiency Energy is on the verge across the world. Individuals are becoming more sensible towards their environment, which resulted in more businesses adopting environmentally friendly business practices and becoming a sustainable green business. Converting into green business has been a wakeup call for many companies and for some companies it was already a mentioned market trend which was recognized by them quite early.

Following the global financial crisis, a more varied funding market is emerging in many countries. Established investors are assisting in filling the funding gap missed by the shrinkage in bank lending in the rouse of the crisis, particularly in long-term financing for infrastructure projects, and sitting alongside banks to offer a wider pool of capital to developers.

The economic climate overcoming the financial crisis of increased regulatory supervision and persistently low rate of interest led to pension funds and insurance companies in seeking an alternative source for a long-term stable investment.

Abundant number of pieces of evidence shows that renewable energy and energy efficiency are booming sectors for business. According to a report, 190 of the fortune 500 companies together saved around 3.7 billion dollars through their energy efficiency initiatives and collective renewable energy.

With the growing streak of this trend around the world, there is an increase in debt finance in the market from established investors mostly for an infrastructure project and more conventional renewable energy assets including solar PV, onshore wind and Bioenergy. Established investors that are on a quest to match long-term investments, index-linked liabilities and higher secure returns as compared to currently available bonds, are attracted by stable, long-term and index-linked type of assets.

A considerable amount of investment has been made in operating assets through which increasing capacity of risk has been taken by the investors. However, similar to banks, there seems to be a very little appetite for development risk factors. Established investors are moving faster towards banking counterparts in being able to provide reimbursement profiles and staged drawdown facilities that are suitable for this kind of financial markets.

Investments from non-bank institutions have often been through the purchase of participation in the secondary debt trading market or bond markets. However, a market of debt facilitates private placement (PP) which is a small group of sophisticated investors has been slowly developing.

Private placement market will entirely substitute other forms of finances for renewable projects. There are already long-established private placement market groups in many countries for corporate debt. Since the financial crisis, smaller national markets have also developed. To help encourage the development of private placement market, loan market association published a suite of standardizing the documentation for private placements across many countries for providing a proper framework. It is hoped that these suit will help to raise confidence in the market and will encourage investment by reducing the time and costs often associated with current private placements in certain countries.

Certain efforts are taken to simplify and make the process more transparent by turning towards more private placements. Governments across various countries have announced a tax exemption for private placements, this will help in encouraging both borrowers and institutional investors to invest in the capital market.

Many countries now support the growth of renewable energy sector and help in encouraging to further invest in energy infrastructure, renewable power and fossil fuels. Attracting cross-border investment and minimizing dependency on traditional bank debt, will further encourage institutional investment for key sector helping to stimulate growth and aid resilience in various economies.

Banks are also returning to the market which showed a substantial increase in long-term debt facilities offered by banks for renewable energy projects. In addition, many banking facilities are likely to preserve a significant role together with established investors by providing them ancillary facilities and deposit services. This includes catering to letters from credit facilities and working capital which non-banking investors are not able to provide the investors with. Likewise, the role of the bank is to provide trustee and agency with services in case the funds are ill-equipped.

Predictable sustained growth in Institutional Investment, alongside returning bank debt and other innovative funding structures, is creating a deeper impact on the capital market for renewable energy projects. Investors looking to invest in green business are coming across greater opportunities from future perspectives which is just a matter of time. Clean energy is just the tip of the iceberg. A recent study shows that companies could earn around 12 trillion dollars by 2030 in business revenue and saving by adopting sustainable, low-carbon business models. Investors all over the world are taking a note, as green bonds are increasingly seen as smart investments.

Become a Proficient Entrepreneur With Finance Certification Courses in Pune

In this world of competition, everyone wants to have a successful career. Therefore, one of the most sought-after fields of learning is finance, offered in many institutions. These courses help to grow your career fast. Hence, for a better future, you must look for some attractive finance certification courses in Pune. Nilaya Icats Institute of Commerce Pune, a hub for commerce related courses will help you establish your future.

Finance can also be described as a part of Commerce and both involves money, banking and investing process. As both are interconnected, you must have a profound idea about the subject. Firstly, you must see whether your institute is offering best Accounting courses in India. The business institute will make your interpersonal skills stronger and build your confidence. While you are preparing for accounting courses, you must understand why it is beneficial:

Exploring business sector

As a subject, Finance and Accounting can be described as the pillar for any business organization. Take control of your career by pursuing the best finance certification courses in Pune and become a finance professional. Any business that relies upon money is dependent on the services of accountancy expert. Technologically everything has changed and there is an unending demand for experienced accountants and financial professionals now. If you don’t have a strong base, your organization might collapse and it might harm your career.

Nowadays, financial activities of any company ranging of different sizes are scrutinized regularly for future prospects. For this very reason, capable and qualified accountancy professionals are highly in demand. So, if you want to achieve your goal, you must enroll yourself at Nilaya iCATS Institute of Commerce. It is the best Institute of Finance & Accounts in Pune with several proficient teachers. The courses they offer are also properly described and fully professional.

Financial incentive and flexibility

Accountancy embodies an outstanding prospect for running and establishing your business at your home. If you are self employed, you have the full freedom and flexibility to choose your own work patterns and timing. For that you need to have certain knowledge on the working procedure and different ideas on accounts. Hence, you must be a part of Nilaya iCATS Institute of Commerce as it is considered the perfect Institute of Finance & Accounts in Pune. They are known to offer courses in banking, taxation to becoming a Master in Corporate Accounts & Finance.

Accounting Professionals, who are experienced in this field, will be able to add value to their organization. You will also have the opportunity to learn more and offer your insight to your team.

The key focus of the accounting courses is to address the challenges of professionals. They offer a potential emphasis on learning while doing and most of the programs are developed around that. Enrolling yourself at Nilaya’s iCATS will let you learn more about the best Accounting courses in India from trained professors. It will later help you to make your mark and create a niche for yourself in the competitive arena of finance.

Small Home Biz – Top 10 Home Based Business Ideas and Opportunities For a Beginner

Kudos to the small home biz segment that brings into a significant number of the educated, senior and entrepreneur work force from the masses. This section comprises of the people who cannot resist the temptation of working in niche areas and utilizing their creative skills without the corporate intervention and hypes. The small home business sector provides them the essential opportunity they are searching for. No fancy skills like web designing, computer programming and scripting are required for these top 10 home based businesses. It is a small leap from a full-time office job to a full-time “working from home” which eventually gives way to flexible hours when there is a steady source of income.

My choice of “Top 10 home based businesses” that will give you an edge and expedite earnings to break even quickly with your investments are the ones that produce results and have ways to measure your incremental success in steps, however small. A birds eye view of the systems that will make you a self employed home biz owner –

Plug-In Profit Site (PIPS)

Niche Profit Classroom (NPC)

Ewen Chia’s Super Affiliate Inner Circle Club

Internet Marketing Centre (IMC)

Strong Future International (SFI)

Empowerism

Global Domain International (GDI)

The International Association of Home Business Entrepreneurs (IAHBE)

Warrior Pro

The Reverse Funnel System

Plug-In Profit Site commonly known as the PIPS program comes with a complete money making system that runs on auto-pilot. The package has everything – a professional website, reputed 5 affiliate programs, pre-written sales letter and automated emails by an autoresponder. It is all about earning a residual income from the internet. The advantage of the program is that it gives a kick-start to a newbie who is readily equipped with a useful internet product. A small disadvantage of the system is the initial cost of the membership programs and a 30 days training series that may end up in a total spending spree for an inexperienced marketer.

Niche Profit Classroom is a membership program that I have found very helpful from my personal experience. NPC provides one-to-one support, premier web hosting for 15 domains and ready made high quality niche websites that are very easy to customize and deploy. The video tutorials are very educational and are made keeping the view of a novice who is new to the internet with no expertise in computer skills. Every month, you get instant access to two ready made businesses and a step by step approach to implement the blueprint. The membership fee is slightly on the higher side for newbies who have just come in but worth investing.

Ewen Chia’s Super Affiliates Inner Circle Club is a monthly membership program in which the super affiliate shares the secrets, strategies and resources on how to make a fortune from affiliate marketing and various other online techniques. The membership provides 5 modules out of which three of them provide new content every month. One of the modules contains products that you have PLR (Private Label and Resale Rights) that alone is worth your investment in the program.

Internet Marketing Centre has 12 modules and each module contains a number of lessons, resources along with bonus materials that are broken down into small steps so that you can follow the time-tested, proven business building techniques in order to make profits. There is an action plan for you to follow once you read the lesson. You should join only if you are serious and ready for investing a significant amount of the one time yearly fee. With the latest upgrade, it comes in different options of quarterly payment as well.

SFI for more than ten years is successfully showing masses how to build a highly profitable internet business from the comfort of the homes. By promoting TripleClicks, an online store, the affiliates can earn commissions by simply referring the people to store. To grow in SFI, you need strong referral and sponsoring skills that can be easily built up with the online SFI training.

Empowerism is a great web based home business that provides state-of the art website, powerful SEO tools to help drive free traffic to your site, comprehensive training with full access to resources and free “Excellence” magazine that is filled with latest online success tips and strategies. The only thing which may deter one’s online business is that one needs to be good in referring and building network.

IAHBE is an organization that champions the home-business opportunities and provides access to an unparalleled, one-of-a-kind business building arsenal of your own. You will have at your disposal, dozens of exclusive reports, interviews with the internet’s most successful entrepreneurs, and much more!

GDI Fight the recession with the most powerful home business, an easy program to build an income from home. GDI offers a great product – domain, web hosting and it is 100% free to sign up for. This eliminates a lot of objections that prospects have when they are looking at online business opportunities. There is absolutely no risk involved.

WarriorPro comes with a subscription to Host4profit, membership to the world famous Warrior Forum and a complete Ad tracking system. It pays you for each person that signs up for a Host4Profit hosting account either through your PIPS site or individually and is a great way of earning residual income.

The Reverse Funnel System is an extremely profitable business built in the PIPS website where you get 100% commissions. It is not a scam but requires a significant money amounting to $2K to $5K for the membership schemes that are quite expensive. Hence it isn’t for all and does not provide a launching pad for people who are not prepared to invest.

Today there are thousands making it big with their home based business. Success is certain for tenacious people who are there for the long haul. Just take up some or all of the above and give your best shot.

An Insight Into the Emergence of Women-Owned Businesses As an Economic Force in India

1. Introduction

During the last two decades, Indian women have entered the field of entrepreneurship in greatly increasing numbers. With the emergence and growth of their businesses, they have contributed to the global economy and to their surrounding communities. The routes women have followed to take leadership roles in business are varied. Yet, most women business owners have overcome or worked to avoid obstacles and challenges in creating their businesses. The presence of women in the workplace driving small and entrepreneurial organizations creates a tremendous impact on employment and business environments.

Indian women business owners are changing the face of businesses of today, both literally and figuratively. The dynamic growth and expansion of women-owned businesses is one of the defining trends of the past decade, and all indications are that it will continue unabated. For more than a decade, the number of women-owned businesses have grown at one-and-a-half to two times the rate of all businesses. Even more important, the expansion in revenues and employment has far exceeded the growth in numbers.

The result of these trends is that women-owned businesses span the entire range of business life cycle and business success, whether the measuring stick is revenue, employment or longevity. This strengthens the view that all governmental programs and policies should target at strengthening women’s entrepreneurship in their native lands.

Although, many of the earlier obstacles to women’s business success have been removed, yet some still remain. This has initiated the scholars of entrepreneurship and small businesses to study the influences of and the impact on business ownership by women. The number of these research studies are growing steadily.

2. What Are The Characteristics Of Women Entrepreneurs In India?

Indian women of today have taken many strides towards business ownership. The broad classification of women business owners include women who establish, inherit, or acquire a business; women who start businesses with spouses or business partners but are either at the forefront or behind the scenes; and finally, women who start fast-growing or part-time or slow-growing firms. Although earlier researches on women entrepreneurs have suggested that significant differences existed between female and male entrepreneurs. However, more recent studies have shown that there are far more similarities than differences between women and men entrepreneurs in terms of psychological and demographic characteristics. The dominant predictors of success in case of women entrepreneurs are work experience and years of self-employment.

Generally, women view their businesses as a cooperative network of relationships rather than as a distinct profit-generating entity. This network extends beyond the business into the entrepreneur’s relationships with her family and the community. Certain cross-cultural studies on women entrepreneurs have reported that their management styles emphasizes open communication and participative decision-making, and their business goals reflect a concern for the community in which the business operates.

The majority of women business owners operate enterprises in the service sectors, whereas the majority of male business owners operate enterprises in non service sectors, particularly manufacturing. Women are not only achieving economic independence and wealth creation for themselves, but through job creation, they are also providing opportunities for others, particularly for other women.

A series of researches have shown that the workforce of women-owned businesses tend to be more gender balanced than the workforce of men-owned businesses, although women business owners are more likely to hire women. Put simply, an investment in women’s entrepreneurship is an investment in the economic independence and well-being of all women.

In comparison to their women counterparts who established their businesses two decades earlier, women who have started their businesses sometime during the past decade are more likely to have the following:

o a higher level of education, previous professional and managerial experience, as well as executive level experience

o a greater appetite for capital, both credit and equity

o a strong motivation for autonomy and achievement

o a dynamic personality

o a passion for what they do

o creativity to innovate and implement

o independence and self reliance

o high self confidence

o willingness & ability to take risks

o alertness to opportunities

o ability to marshal resources

o ability to respond to market & environment signals

Thus, from the above discussion, we can conclude the following traits of personality of women entrepreneurs:

Risk taker Proactive Opportunist Visionary Inventor Tolerance of ambiguity Commercialiser Desire for independence Trader High energy Innovator Ability to bounce back Flexible Results oriented Need for achievement All rounder Internal control Decisive Self confident Self Motivated Pragmatic Flair

3. Why Do Indian Women Undertake Entrepreneurship?

In spite of the growing number of female entrepreneurs, the share of female entrepreneurs is still significantly low when compared to their participation rate. However, there are several factors responsible for increasing the level of female entrepreneurship in India:

1. Nature of Entrepreneurship: Women enter into entrepreneurial activity because regular employment does not provide them with the flexibility, control or challenge offered by business ownership.

2. Motivation : Several evidences suggest that women do not lack the motivation to enter into business ownership. They are often highly motivated than their male counterparts to overcome the barriers to business start-up.

3. Empowerment : Indian women are becoming more empowered now-a-days. Legislation is being progressively drafted to offer them more opportunities at various levels.

4. Social Conditions : Population growth results in a strong positive relationship on entrepreneurial activity. Across genders, the increase in demand and competition for jobs pushes more people into necessary entrepreneurship. For women, in particular, the relatively high involvement in necessary entrepreneurship indicates that self-employment is used as a way to circumvent institutional and cultural constraints with respect to female employment, as well as a way to provide supplemental family income.

5. Economic Conditions : Auspicious economic conditions favour the participation of women in entrepreneurial activity. The smaller amount of financial capital requirement and higher proportion of available bank loans positively correlates the level of female entrepreneurship to economic conditions. In fact, in a country like India, the relationship between the size of unofficial economy and entrepreneurial activity is positive.

6. Literacy & Education: Increased levels of education has played a crucial role in initiating the process of entrepreneurship. It is not only the illiterate that are starting the businesses but those with education & skills are also exploiting profit opportunities.

4. What Are The Needs Of Women Entrepreneurs In India?

1) More and better access to finance/credit is mentioned very frequently. Give a woman 1000 rupees and she can start a business. Give her another 1000 rupees and she will be able to feed not only for her family, but for her employees as well.

2) Access to business support and information, including better integration of business services.

3) Training on business issues and related issues

4) Better access to local and foreign markets.

5) Day care centres & nurseries for children, and also for the elderly;

6) Positive image-building and change in mentality amongst women, whereby women see themselves as capable achievers and build up confidence.

7) Breaking through traditional patrons and structures that inhibit women’s advancement.

8) Role modelling of women in non-traditional business sectors to break through traditional views on men’s and women’s sectors.

9) More involvement and participation in legislation and decision-making processes.

10) Removing of any legislation which impedes women’s free engagement.

11) Awareness-raising at the governmental as well as private level to truly and really create entrepreneurial opportunities and not just programs that stay on paper.

5. Which Important Problems Are Faced By Women Entrepreneurs In India?

1. Women hardly interact with other women who are successful entrepreneurs. This results in a negative impact on their networking skills.

2. The areas, where one can see women acting as entrepreneurs, is in the very typical women’s sectors of 3Ps. This is also the area, where women are accepted in society to be experts in and thus have the capacity for entrepreneurial activities.

3. It is clear, that women have the responsibility of getting children and taking care of them. Very few societies accept fathers taking over the role of staying home and taking care of the children. Once these children are old enough to take care for themselves, they have to bear an additional responsibility of taking care of elder parents. If they want to become entrepreneurs, the society expects them to be able to do both: take care of family and home and do business.

4. Women are very critical when it comes to themselves – can I really do this, am I good enough, maybe I have to learn more, others can do it better. It is quite interesting that many successful women have been educated in only girls colleges and schools, which often deliver a safe environment to try out ones personal strengths, learn to overcome weaknesses and be proud of oneself.

5. Discrimination – it is hard to believe but women are still treated differently in our society. Women do get lower salaries compared to men doing the same job, women do not have access to men dominated networks who take their decisions about successors in the company during golf plays or sauna meetings….

6. Missing networks – through centuries business men have build up their networks but women still have to learn to catch up.

7. A lot of women tell stories about not being taken serious by bankers, when they wanted to get a loan for their business. Often enough, they have to bring their husbands or fathers to be able to be heard and receive financing. So, the domination of men in the banking world is a problem.

6. What Are The Challenges Faced By Women Entrepreneurs In India?

One of the major obstacles faced by women entrepreneurs has been that they are not taken seriously. Even though women have achieved credibility as competent entrepreneurs in areas such as retail, personal services and business services, perceptions that women-owned businesses are less successful, credit worthy & innovative continues to be a barrier.

Besides this, there are several other challenges being faced by Women Entrepreneurs:

1. Lack of Visibility as Strategic Leaders: Changing the perceptions about the likely success of women-owned businesses depends on increasing women’s visibility in leadership positions within the greater business community. In an assessment of women’s presence as CEOs or Directors of large business enterprises, it has been anticipated that the exodus of women to entrepreneurial growth firms might be because women believe that have greater representation in strategic leadership positions in privately-held or family-owned firms as they provide better opportunities for leadership than available to women in publicly-traded companies.

2. Differential Information and Assistance Needs: Another significant need of many women business owners is obtaining the appropriate assistance and information needed to take the business to the next level of growth. In a study conducted to gather information needs of women entrepreneurs, those who were just starting their ventures, requested assistance and training in implementing the business idea, identifying initial sources of financing, and advertising/promotion. The entrepreneurs who were already established, had a somewhat different set of needs including financing for expansion and increasing sales. Another conducted study had identified ten most desired needs of fast growth entrepreneurs:

(a) using cash flow to make operational decisions

(b) financing growth

(c) increasing the value of the business

(d) compensation for self and associates

(e) hiring, training and motivating for growth

(f) succeeding in a rapidly changing world

(g) successful selling

(h) sales force management

(i) management success

(j) problems and pitfalls of growth.

Unfortunately, this differences in information and assistance needs can be found across cultures as well.

3. Family Influences on Women Entrepreneurs : The overlapping of the family and the firm is not significant for women business owners. Unfortunately, little research has been conducted on the dynamics of family-owned firms headed by women. As the boundaries between the firm and the family tend to be indistinct, women operating family businesses face a unique set of issues related to personal identity, role conflict, loyalties, family relationships, and attitudes towards authority. Additionally, family businesses owned by women are at a disadvantage financially and are forced to rely on internal resources of funding rather than outside sources. The critical role of family in business, also emerges in cross-cultural studies which show a women relying heavily on the family for start-up capital.

7. What Steps Need To Be Initiated For Women Entrepreneurial Development In India?

A possible set of three inter-linked and inter-dependent clusters of recommendations can be aimed at “pushing” a larger number of women entrepreneurs towards growth opportunities, unlocking their potential as creators of wealth and jobs, and providing a more conducive legal and regulatory framework. These recommendations can also ensure the proper positioning of “pull mechanisms” to enable the growth-oriented women entrepreneurs to expand and grow in terms of investments, markets and profits.

1. Prioritizing and Pushing at the micro-level : There is a large and seemingly ever-increasing number of women entrepreneurs operating in micro-enterprises and in the informal economy. They can be facilitated to grow into sustainable, formally registered & large enterprises with the help of following actions:-

o Conducting gender analysis for all entrepreneurial support programmes

o Gathering data on women and men entrepreneurs

o Applying “target group segmentation” to women entrepreneurs

o Using targeted approaches for priority categories in order to provide additional “push” to women entrepreneurs to the next level of growth

o Promoting mobilization and organization of representative associations

o Examining differential impacts of governmental policies, programmes and actions

o Promoting development of demand-led supports for women entrepreneurs

o Promoting more flexible and innovative financial products by banks

2. Unlocking and Unfettering Institutional Framework: Policies, laws and overall regulatory environment are frequently seen as barriers and disincentives to expansion and growth. However, they need to be promoted in such a way that women entrepreneurs see the advantages of and benefits that come with compliance.

o Reviewing impact of existing and new instruments on women entrepreneurs

o Identifying those instruments that act as barriers to expansion and growth

o Modifying or dismantling these instruments

o Taking account of the social and cultural contexts affecting policy implementation and redress inequalities and abnormalities

o Making use of IT and associations so as to minimize the administrative burdens on women entrepreneurs

o Holding regular consultations with key factors like women entrepreneurs, women entrepreneurs’ associations, financial institutions, etc, to review progress and identify new bottlenecks.

3. Projecting and Pulling to Grow and Support the Winners : The first two sets of recommendations are aimed at trying to “push” more women entrepreneurs into growth situations as well as ensuring that laws & regulations do not stand in their way. The third possible recommendation relates to facilitating and “pulling” the women entrepreneurs into situations where they can actively pursue growth strategies.

o Providing incentives for expansion and growth after removing barriers and disincentives

o Encouraging and rewarding dynamic representative associations of women entrepreneurs

o Promoting strong links and synergies with existing major economic players

o Profiling the economic and social contributors among women entrepreneurs to the national economy

o Promoting and rewarding programmes that serve women entrepreneurs

o Making full use of data gathered to inform new policies, programmes and supportive actions

o Ensuring synergies between (a) women related ministry (b) economic ministry (c) welfare & social development ministry in the government.

8. Conclusion

With relevant education, work experience, improving economic conditions and financial opportunities, more women around the world are creating and sustaining successful business ventures. This will not only have an impact on the economies of the countries in which women own their businesses but also will change the status of women in those societies. It is likely that, as we begin this millennium, this will be the century of the entrepreneur in general and of the women entrepreneur in particular.

Reasons For the Slow Growth of Entrepreneurs in India

The definition says, Entrepreneurs assemble and allocate resources including innovations, finance and business acumen in an effort to transform innovations into economic goods. The saying goes like “Take the plunge and lead the way”. An entrepreneur is definitely not afraid to take the plunge.

Why is the Indian entrepreneurship scene so grim?

There are many obstructions that ail a budding entrepreneur in India. That’s not to say that there aren’t any entrepreneurs in India. It is just that the number is of entrepreneurs springing up is not that encouraging a figure.

Let us look into some of the reasons.

1. Lack of family support: This is an issue that’s plaguing entrepreneurs worldwide more so in India because of the stronger family ties that we Indians have. Family support is always absent in cases. Parents always prefer their progenies to take up a standard 9-5 job rather than take up a risky business venture where there is absolutely no guarantee that the venture will work out and there is always a very high level of risk involved.

2. Government regulations: The few ventures that break free from the shackles of the usual problems get entangled in the antiquated policies of our government. The very fabric our administrative system hinders the organic development of entrepreneurial ventures.

3. Lack of Internet penetration in India: World over the majority of the innovations occur in the internet space. In India the internet usage percentage stands at a meager 5% and this is number makes it really difficult to bring in money and the few entrepreneurial ventures that actually get graced by venture capitalists run in to problem later on during the course of operation.

4. Indian education system: The main reason there is very low innovation in this field is because of our educational system. Right from its inception our educational system has hardly had any focus on innovation. It is like we have been trained in rote learning rather than apply our minds. Without a killer innovative idea there is no way an entrepreneurial venture can sustain itself beyond the initial stages.

There are basically two types of the entrepreneurs

1. Those who come out with a completely new idea

2. Those who bring in a new idea and tweak it for the targeted market.

India being a developing nation hasn’t made much progress in the innovative direction. Since the technology in India is basically playing catch up to the developed countries, there is not much we have achieved in terms of the new ideas.

The most basic way Indian entrepreneurs can succeed is by trying to adopt methods and models that are already successful abroad and adapt it for the Indian market. This will definitely mean a low initial cost. If done well this can definitely lead to really good returns.

Most of all what we really need is to mold young minds and encourage them to think differently. They should be encouraged to let go of their inhibitions and actually take the plunge and tread a path that’s not yet been explored. This has been made possible by the starting of Entrepreneurship courses that are being taken up by colleges at the graduate and post graduate level.

Why India Needs Culture of Entrepreneurship in Classrooms

While there are successful examples of young innovators like PC Musthafa (iD Fresh), Sampriti Bhattacharyya (Hydroswarm) and Vijay Sharma (One97), the harsh reality is that an inordinately large number of start-ups fail. That’s the reason why academic institutions and organisations must assist and support the development of entrepreneurs in order to ensure high survival rate.

Young Indian entrepreneurs are making headlines with regularity. After an entire generation of cautious Indians who viewed entrepreneurship with suspicion-preferring stable and predictable careers in government service, banks, as doctors, lawyers and engineers-the tide is turning. There is optimism in the air as young entrepreneurs are daring to go global, drive innovation and experiment with unique business models.

The latest Global Entrepreneurship Monitor (GEM) report reflects this important cultural shift. The report noted that 58% of Indian adults (18-64 years old) consider entrepreneurship a desirable career choice and 66% think that entrepreneurs receive a high level of status and respect. And this is not just because Indian tech entrepreneurs are becoming global rock-stars. It is because young entrepreneurs from every sector-from agriculture to manufacturing-are putting India on a new path of growth and development.

Take the story of 42-year-old PC Musthafa, who quit a well-paying bank job in Dubai to return to India because he wanted to create job opportunities for the rural youth. He started iD Fresh Food, a dosa batter company, with his cousins, 550 square feet of space, two grinders, a mixer and a sealing machine. They began by selling 10 packets of batter a day. Today, iD Fresh Food sells 50,000 packets a day, has expanded its product range to ready-to-eat foods, and is a R100 crore company employing 1,100 people. Musthafa’s goal is to become a R1,000 crore company employing 5,000 people in the next five years.

Among the more innovative ideas his company is exploring is that of a Trust Shop-in apartment complexes and corporate offices-where you can pick up idli-dosa batter, ready-to-eat wheat parathas and chapatis, and drop the money in a box at the store. The store has no salesmen and is not monitored by cameras to keep an eye on shoppers who don’t pay. The stores are proving to be a success. Shoppers who don’t have money on them are coming back the next day to drop the cash. It is a unique low-cost model that can be scaled, ensuring that prices are kept low and stores are conveniently accessible 24×7.

Now let’s take the case of 28-year-old Sampriti Bhattacharyya, whose company Hydroswarm designs and manufactures autonomous drones that can scan ocean floors, look for lost aircraft, identify oil spills, and spot radiation under the sea.

Entrepreneurs and innovators like these are playing a major role in bringing unique ideas, offerings and business models to market-ideas that large companies don’t want to explore because they don’t have a clear and well-charted future and could pose a risk to their growth plans.

One recent study by a leading analyst has suggested that the micro, small and medium enterprise (MSME) sector-which includes such entrepreneurs-will increase its contribution to India’s GDP from the 8% share in 2011-12 to 15% by 2020.

The growth is not just because young Indian entrepreneurs are daring to dream up great new ideas, but also because they understand the value of hiring the best talent in the country. Take Vijay Sharma’s One97 Communication, the digital goods arm of Paytm. Sharma’s company announced its expansion into Europe and the US this July, using some of the best business talent in the country to enable the growth. In other words, Indian entrepreneurs are aware of what it takes to be globally competitive.

Going global should not be difficult for Indian entrepreneurs. Today, the best minds in the country are dreaming of entrepreneurship. This year’s IIT-JEE topper, Deepanshu Jindal, says that after graduation he wants to become an entrepreneur. Youngsters from prestigious educational institutions all over the country such as the IITs and IIMs are showing similar inclinations.

All this makes great news. But the harsh reality is that an inordinately large number of start-ups fail. Studies have shown that 47% of the jobs created by start-ups are eliminated because the business folds up in the first five years. This emphasises the importance of having academic institutions and organisations to assist and support the development of entrepreneurs in order to ensure a higher survival rate.

If India is to continue on its growth path, the contribution of entrepreneurs to wealth creation will play a pivotal role. This is why the importance of including entrepreneurship as part of standard curricula cannot be undermined. We must begin by creating a formal culture of entrepreneurship starting in classrooms where young minds and the nation’s future are shaped.

Ways to Raise Venture Capital to Start a New Business

Centuries back there was a time when people used to exchange goods for their livelihood and there was no money to buy things, known by the name of, “Barter System”. There was no buying or selling during those days. If you want “Wheat” and you had “Pulses” you could very well exchange the same with the vendor who had “Wheat” by negotiating a deal with him for exchange.

Then came an era when people starting working for others to earn money to run their livelihood. This further developed into Jobs from Government and Private Sector.

Now is the time when everyone enchants to open his own venture owing to establish something of his own and develop an empire which manifolds into a profitable venture as said “The Best income is even when you are sleeping the investment grows”.

An Idea of yours in today’s scenario can create a ripple effect which can change the lives of many. Very live examples are organisation like Facebook, Whatsapp, Google which started with a very small idea and from a room and have created an empire which inspires the Entrepreneur’s to create a Value Addition not only for them through Profit but for the Society too.

Many Starts up have started mushrooming in India now with many business ideas but they lack the rock bottom things and fail even though the business idea is too great. Inspite of the fact that they have best of people, knowledge, resources, ideas available to them but still they have tumbled. Very Live Example is Organisation like Snapdeal etc.

An Idea Flourishes when you have the Business Idea pitched to the Right People with Right Knowledge with effective and strong persuasion skills to invest money with the returns they would be getting. Firstly the Entreprenuer himself needs to be convinced that it is a great and a profitable Venture.

Second Important Thing which Start up lack is Hiring the Right and Suitable Candidates. Branding Institutes like IIM /IITs do bring in good resources but they cost very heavily to the organisation. Its always essential to hire people with experience rather than branding institutes. Experience people turn around organisation as they know how to manage crisis, success of an idea comes with experience and experience comes with learning, you know how to turn failures as these people have already experienced it.

Maintain Low Cost and Invest heavily in your people is the Right Idea for the Start ups.

Wanna Know do get in touch with me at gaggan_sahni@hotmail.com

Small Business Ideas With Low Investment

1. Mobile Shop Business- Mobile Shop: Nowadays everybody is using Mobile Phones, and there are more opportunities to grow in the future. The way Mobile Market is growing, according to the price of opening a mobile Shop, it will be a very profitable business. You will not need too much capital for this. Start with a small shop and increase the shop as soon as income increases.

2. Grocery Shop Business- Grocery Store: Grocery Shop has always been counted as a good business idea. The biggest thing is that you do not have to have any special talent for it. In areas where the Grocery Shops are low, you can easily open Profit. If you also add the convenience of Home Delivery in this shop, it will grow faster.

3.Blogging Business – Blogging: Blogging is also a low investment business. If you write well and you have knowledge of computer and internet then this field also has immense potential for you. There are limitless possibilities for Future in this business. The beginning will be slow, which is in every business, but in a few days it can earn millions of rupees. Its best thing is that students and Part-Timers can also do this business.

4. Event Management Business – Event Manager: Event Managing is also the highest business at present. India is a country of festivals and festivals and people here organise events on weddings, birthdays and other small occasions. Most people are not able to do all the work of the event due to the busyness, so they need an Event Manager like you who can manage all the tasks and work from other workers. This is one of the Fastest Growing Businesses.

5. Beauty Parlour Business – Beauty Parlour: This business is the best and easy business for women. You can open a nice Beauty Parlour by doing 2 or 3 months Beautician Course. According to the way the use of Makeup is increasing nowadays, the future of this business is golden.

6. General Store Business – General Store: Opening a general store of everyday items in use can also be a great and profitable business. In it you can place Soaps and Shampoos, Beauty Products, Stationary and more. Women can also do this business with men. There is also great potential for Future.

7. Real Estate Business – Real Estate Agent: Nowadays everybody wants to buy their own house or take a plot and want to build their house on it. You can help him by opening Real Estate Agency. I know a lot of Real Estate Agents who help people choose home or land according to their liking, and in return receive commission of 1-2% of the cost of property. This is one of the most profitable businesses in Future Prospects.

8. Health Club / Gym Business – Health Club / Gym: At present every person, whether old or young, Ladies or Gents, all want their health to be good. For which they go to Health Clubs or Gyms and work out there. You can also earn good by opening a health club or gym in a good area. In Future, when your Health Club starts receiving good income, you can open its second branch in another area.

9. Computer / Laptop Repairing Business – Computer / Laptop Repairing: If you come to repair computer then it can prove to be a Best Business for you. But even if it does not come, nowadays many government and private institutions and Laptop Repair courses run. This course is usually three months old. You can easily open a Computer Repairing Shop by doing this course. Given the increasing use of computers, this business can be considered as beneficial for Future.

10. Trainer / Tutor – Trainer / Tutor: You can also earn good money by becoming a Trainer or Tutor. It requires a lot of money for this. If you are good in the field or in which case your guts are strong, then start teaching them to other students or people. If the number of learners increases after a while, then you can add some more Tutors or Trainers. In this way you can take this business to a very high level.

11. Professional Freelancer – Professional Freelancer: Maybe you do not consider Freelancing a business, but do you know that many people are earning a lot of money by opening Freelancing Agencies and as freelancers. If you have Web Designing, Software Development, Writing, Photo Editing, Writing, Translation etc. or any other talent you can easily earn money by becoming a Professional Freelancer. Nowadays there are many freelancing platforms that provide work to freelancers. The biggest advantage of freelancing is that you determine the time and cost of your work. There is considerable potential for this business to grow in the growing online world.

12. Interior Decorator – Interior Decorator: Everyone wants his house to look beautiful, because of his good impression on the people coming. People often hire the interior decorators for this. You can also help those people by starting the Business of Interior Designing. In return, you get good money too. There are also unlimited possibilities for Future. Apart from home you can decorate the interiors of Office and Shops too.

13. Bakery Business – Bakery: Bakery is also a very good and long-term business. It does not require much investment in starting. You can easily start it and make Bread, Toasts, Biscuits etc. and deliver it to nearby market. You can also do Home Delivery of your products. More information on bakery business and project reports can be found on this link – How to Start Bakery Business – Project Report

14. Home Canteen – Home Canteen: As the population continues to increase, work is also increasing and in the same proportion, Offices are also increasing. Office staff can not find the time to take lunch to their home or hotel. You can open a Home Canteen and bring food to their office for them. You can do this work only from your home and the income is also very high.

15. Electronic Store – Electronic Store: You can also open an electronic store by investing a little more investment. Nowadays demand for TVs, Fridges, Kitchen Appliances has increased so much and anyone can earn good earnings easily by opening an Electronic Store.

Top 10 Manufacturing Business Ideas in 2019

The Manufacturing Industry in India accounts for about 18% of total GDP employing 12% of India’s population directly. Among the humongous manufacturing sector, SME and MSME accounts to 90% of the totally industry activity and with new policies like The National Manufacturing Policy, the industry is looking to contribute more than 25% to GDP and employing over a 100 million workers. Some of the most profitable sectors among them are:

Agrochemicals – India is ranked as the fourth highest producer of Agrochemicals in the world. Agriculture being the largest employer and known as the primary sector of the economy of India,it has created an operational sector of never-ending need of agrochemicals making it one of the high profitable manufacturing industries. The firms vary from large scale to small scale manufacturing firms that can be and are set up in villages. It is projected to reach a market of US 269.7 billion by the year 2022.

Automobile/Auto Components – India is predicted to be the third largest manufacturer of automobile in the world by 2025. In a survey in April 2018, just in one metropolitan city of the lot in India; Bangalore showed the results of 4,000 new registered vehicles added to road every single day. This obviously boosts the Auto Component industry which vary from large scale to small scale manufacturing, the exports of components in India stood at INR10.90 billion in 2016-2017. In the Indian export industry, Automobile ranks third with the valuation on US $14.5billion.

Pharmaceutical Industry – India is the largest provider of generic drugs globally. The domestic pharmaceutical sector accounts for 3.1-3.6 % of the global pharmaceutical industry in value terms and 10 per cent in volume terms. In a 2017 report, there were 10,563 pharmaceutical manufacturing firms (inclusive of large- and small-scale pharmaceuticals) under the ‘Directory of Pharmaceuticals Manufacturing Units in India’.

Textile Industry-Starting from the colonization till date India is known for its cotton and use of cotton in textile. As per the Ministry of Textiles, the Indian textile industry contributed about 14% to industrial production, 4% to the country’s GDP and 13% to the country’s export earnings in 2017. India is appeared to be the largest producer of cotton and second largest exporter after China. The industry employs about 40 million workers directly and 60 million indirectly.

Food and Beverage – The F&B industry stands fifth largest in manufacturing sectors. It was ranked 13th largest receiver of Foreign Direct Investment in 2017. By market size India stands fourth in the world for the overall F&B industry making a revenue of $200 billion. India is largest producer of pulses, milk and second biggest of rice, wheat, fruits and vegetables. The category constitutes about 40% of its Consumer Package Goods.

Gems and Jewellery – The Gems and Jewellery sector play a noteworthy role in the Indian economy as it contributes to about 7% of the country’s GDP and ranks as India’s major exporter constitution 15% of total exports resulting in $42.6 billion.

Packaging Industry– Ranked as the fifth largest sector of India’s economy with $32 million in 2015, it stands as a salient sector for most of the other segments of the industry. By the increased standard of living the stigma of packed good to have higher value is ingrained in the minds of the consumer and this has resulted in the growth of the packaging industry. This industry is backed by various other industries without relying on just one sector and so will forever bloom even with the changes from plastic to paper and cloth.

Glass Manufacturing – The per capita consumption of glass in India is 1.8Kg. With applications in large no of areas such as architecture and construction, most of the buildings from malls to office buildings and apartments use glass as well as fiber glass as walls and doors as decor. India’s glass export stood at $639 million which has shown an immense growth from $225 million in 2012.

Rubber and Rubber Products– India is the World’s largest producer and third largest consumer of natural rubber which produces more than 35000 kinds of rubber products. It is used for domestic as well as for international trade whose export was recorded as $5 Billion per annum.

Metal Sector – Raising its demand in automobile, capital goods and infrastructure, Indian metal players remain profitable in their sector. India is ranked as the third largest steel producer with production of 101.4 million tonnes of crude steel. GOI has allowed 100% investment in the sector along with exploration in the metal and mining sector which would boost the sector.

Translation – Significance and Scope

The in-depth study of Art of Translation demands more attention not because it paves way for global interaction and offers an excellent opportunity to undergo socio-cultural survey of various languages and their literatures but also gives an opportunity to establish some kind of relevance it has in the study and area of Literary Criticism. Translation Studies can very safely be included as an important genre in the domain of Literary Criticism since translation is an art prompting to peep into the diversified lingual, cultural and literary content of a source language and thus highlighting/appreciating the essence and niceties of the literature of that particular translated language. In the context of Indian Studies, keeping in view the multilingual and pluristic cultural nature of our country,translation has an important role to play. It is through translation that we can look into the rich heritage of India as one integrated unit and feel proud of our cultural legacy. The relevance of translation as multifaceted and a multidimensional activity and its international importance as a socio-cultural bridge between countries has grown over the years. In the present day circumstances when things are fast moving ahead globally,not only countries and societies need to interact with each other closely, but individuals too need to have contact with members of other communities/societies that are spread over different parts of the country/world. In order to cater to these needs translation has become an important activity that satisfies individual, societal and national needs.

It goes without saying that the significance and relevance of translation in our daily life is multidimensional and extensive. It is through translation we know about all the developments in communication and technology and keep abreast of the latest discoveries in the various fields of knowledge, and also have access through translation to the literature of several languages and to the different events happening in the world. India has had close links with ancient civilisations such as Greek, Egyptian and Chinese. This interactive relationship would have been impossible without the knowledge of the various languages spoken by the different communities and nations. This is how human beings realised the importance of translation long ago. Needless to mentiuon here that the relevance and importance of translation has increased greatly in today’s fast changing world. Today with the growing zest for knowledge in human minds there is a great need of translation in the fields of education, science and technology, mass communication, trade and business, literature, religion, tourism, etc.

Defining Translation

Broadly speaking,translation turns a text of source language(SL) into a correct and understandable version of target language(TL)without losing the suggestion of the original. Many people think that being bilingual is all that is needed to be a translator. That is not true. Being bilingual is an important prerequisite,no doubt, but translation skills are built and developed on the basis of one’s own long drawn-out communicative and writing experiences in both the languages. As a matter of fact translation is a process based on the theory of extracting the meaning of a text from its present form and reproduce that with different form of a second language.

Conventionally, it is suggested that translators should meet three requirements, namely: 1) Familiarity with the source language, 2) Familiarity with the target language, and 3) Familiarity with the subject matter to perform the job successfully. Based on this concept, the translator discovers the meaning behind the forms in the source language (SL) and does his best to reproduce the same meaning in the target language (TL) using the TL forms and structures to the best of his knowledge. Naturally and supposedly what changes is the form and the code and what should remain unchanged is the meaning and the message (Larson, 1984).Therefore, one may discern the most common definition of translation, i.e., the selection of the nearest equivalent for a language unit in the SL in a target language.

Computers are already being used to translate one language into another, but humans are still involved in the process either through pre-writing or post-editing. There is no way that a computer can ever be able to translate languages the way a human being could since language uses metaphor/imagery to convey a particular meaning. Translating is more than simply looking up a few words in a dictionary. A quality translation requires a thorough knowledge of both the source language and the target language.

Translation Theory, Practice and Process

Successful translation is indicative of how closely it lives up to the expectations as: reproducing exactly as for as possible the meaning of the source text,using natural forms of the receptor/target language in such a way as is appropriate to the kind of text being translated and expressing all aspects of the meaning closely and readily understandable to the intended audience/reader.Technically, translation is a process to abstract the meaning of a text from its current forms and reproduce that meaning in different forms of another language. Translation has now been recognised as an independent field of study. The translator can be said to be the focal element in the process of translation. The writer/author becomes the centre, for whatever he writes will be final, and no two translators translate a text in the same way. It is genegally believed that a writer to know the intricacies of the TL in which he may wish to translate. As a matter of fact, it is not the writer of the SL text who asks someone to translate his works into the TL; it is primarily the interest of the individual translator which prompts him to translate a work into his mother tongue. A successful translator is not a mechanical translator of a text but is creative as well. We may say that he is a co-creator of the TL text. . In fact, for a translator knowledge of two or more languages is essential. This involves not only a working knowledge of two different languages but also the knowledge of two linguistic systems as also their literature and culture.Such translators have been seen to possess various qualities which we shall briefly discuss later.

Linguiustically,translation consists of studying the lexicon, grammatical structure, communication situation, and cultural context of the source language and its text, analyzing it in order to determine its meaning, and then reconstructing the same meaning using the lexicon and grammatical structure which are appropriate in the target language and its cultural context. The process of translation starts with the comprehension of the source text closely and after discovering the meaning of the text, translator re-expresses the meaning he has drawn out into the receptor/target language in such a way that there is minimal loss in the transformation of meaning into the translated language.This entire process could be graphed as under:-

Overview of the translation task

In practice, there is always considerable variation in the types of translations produced by various translators of a particular text. This is because translation is essentially an Art and not Science.So many factors including proficiency in language,cultural background, writing flair etc.determine the quality of translation and it is because of that no two translations seem to be alike if not averse.

Accommodation in Translation

Translation turns a communication in one language into a correct and understandable version of that communication in another language. Sometimes a translator has to take certain liberties with the original text in order to re-create the mood and style of the original.This,in other words is called ‘accommodation.’ This has three dimensions: cultural accommodation; collocation accommodation; ideological accommodation; and aesthetic accommodation.Accommodation is considered a synonym of adaptation which means changes are made so the target text produced is in line with the spirit of the original. Translation is not merely linguistic conversion or transformation between languages but it involves accommodation in scope of culture, politics, aesthetics, and many other factors. Accommodation is also translation, a free, rather than literal, kind of translation. Moreover, it is inevitable in practice if the translation is to maintain the source message’s essence, impact, and effect. There is an interesting saying: A translation is like a woman: if it is faithful, it is not beautiful; if it is beautiful, it is not faithful. That is to say if you want to be faithful with the text while translating you are bound to lose the beauty of the translated text and if you try to maintain the beauty of the translated text you are sure to be unfaithful with the original text.. Faithfulness was once considered the iron rule in translation process but over the years when we take a closer look, accommodation, or adaptation, is found in most published translations and it has become a necessity too since keeping in view the averse cultural/lingual/geographical/historical/political diversifications and backgrounds of various languages and their literatures, accommodation,if not compromising, is almost obligatory. Accommodation, too, has to be carried out very sensibly, more especially when it comes to translating poetry or any such text which is highly immotive and artistic in nature.For example translating poetry has never been so simple. Robert Frost once said, “Poetry is what gets lost in translation.” This is a sufficient evidence of the difficulty involved in translation of poetry. Because poetry is fundamentally valuable for its aesthetic value, therefore, aesthetic accommodation becomes an art instead of a basic requirement. A good poetry translator with a good measure of accommodation and adequate knowledge of aesthetic traditions of different cultures and languages, can be better appreciated by the target reader and can achieve the required effect.

Qualities of a good Translator

A good translator should have adequate knowledge of the SL(source language) from which he is translating into the TL which is generally his mother toungue/target language. In order to produce an accurate translation of the SL text he should have command over the grammatical, syntactic, semantic and pragmatic features of the SL. In addition to this it is necessary that he is well-conversant with the socio-cultural contexts of both the SL and the TL. A good translator should be the author’s mouthpiece in a way that he knows and comprehends fully whatever the original author has said in his text. One of the generally accepted characteristics of a good translation is that it should resemble the original text or come as close to the SL text as possible. It should appear like the original in the TL translation within the usual social and cultural settings with some minor accommodation, if necessary,of course.

Usually it is also believed that the job of a translator is a mechanical one-a simple rendering of the SL text into a TL text. But it is not so. The translator has to perform a really difficult task. It is in a way more difficult and complicated than that of the original writer. A creative writer composes or pens down his thoughts without any outward compulsion. A translator has to confine himself not only to the SL text but a host of other factors also intervene in the process of translating the TL.

A good translator must have an adequate knowledge of the subject or area to which the SL text relates so that the translator is able to capture the spirit of the SL text. If he does not have an in-depth knowledge, he may not be able to produce an accurate translation suitable for its intended purpose. For example, if you want to translate the Bible or the Gita or any other religious text, you must have adequate knowledge of those religious and theological works.

A good translator should be careful of the choices that he makes in using the TL. He should translate in the style, which is appropriate for the target audience. The style should be such that it appears to be natural and spontaneous to the TK readers. The translation in the TL should not sound alien.

A translator does need certain tools to help him out in moments of difficulty. These tools can be in the form of good monolingual and bilingual dictionaries, encyclopedias, e-dictionaries, glossaries of technical and standard works, etc. pertaining to the SL text.

A good translator must have patience and should not be in a hurry to rush through while translating any text. He should not hesitate in discussing with others the problems that he may come across. Morever, he should not shy away from conducting micro-research in order to arrive at proper and apt equivalents.

In short, a good translator should be a competent and proficient bilingual, familiar with the subject/area of the SL text chosen for translation. He should never try to insert his own ideas or personal impressions in the TL text. His objective should be to convey the content and the intent of the SL text as exactly as possible into the TL text. The job of a translator is very rewarding and intellectually stimulating

Finally,a few words(based upon my close understanding about translation study and activity) for up-coming translators and translation-lovers.To translate from one language into another has never been an easy endeavour.It is an exercise both painstaking and cumbersome and only those who have engaged themselves with translation work can realize the complex character of this Art. I have been associated with translation work for over three decades translating from English, more especially, from Kashmiri/Urdu into Hindi and back.

1-A good translator ought to be a good writer.

2-You needn’t translate everything that has been written, you need to translate the best only.

4-A good translator adjusts/accommodates and not compromises with the original text.

5-Translators are like ambassadors representing and exchanging the best of their literary world.

5-Art of translation is as old as makind, don’t you translate your thought before you speak it out? Some more suggestions:

1-Try to get into the mind of the writer.

2-Check your translation twice or may be thrice before finalizing the script. Put the original passage “aside” and listen to/read your translation with your ear “tuned in”, as if it were a passage originally written in the TL.

3-If your material is highly technical, with vocabulary that is distinctive to a discipline, it is important that the translator has at least some background or experience of that discipline. A good translator of poetry and drama may be a bad choice for a chemical engineering or biotechnology text.

4-If you have a native speaker of your target language handy, particularly one who is familiar with the subject, that person could be as useful as your teacher for final script-review. Take his assistance without fail.

A few more guide lines for the translators:

Do not try to find difficult equivalent words in the hope that this will add to the perfection of your translation.

Every language has its own punctuation rules and differ in many ways; take care to punctuate correctly.

Check your translation two or three times at the end.