BEGIN:VCALENDAR VERSION:2.0 PRODID:IEEE vTools.Events//EN CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:Asia/Calcutta BEGIN:STANDARD DTSTART:19451014T230000 TZOFFSETFROM:+0630 TZOFFSETTO:+0530 TZNAME:IST END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTAMP:20170813T165012Z UID:F3D665C1-E5B6-11E7-833E-0050568D7F66 DTSTART;TZID=Asia/Calcutta:20170125T090000 DTEND;TZID=Asia/Calcutta:20170126T120000 DESCRIPTION:The 68th Republic Day is celebrated in all its solemnity and gr andeur at VNRVJIET on 26th January 2017.The day on which our country decla red itself as a Sovereign\, Democratic and Republic state with the adoptio n of the Constitution all the Student Chapters and various clubs of our co llege came forward supporting their respective themes which would lead to a better India.\n\nWe\, the members of VNRIEEE always being on a par with latest trends in technology and digitalization demonstrated our theme on D emonetisation using placards and charts to convey its true essence. This a mbitious move which shook the nation is currently the need of the hour see king a whole new transformation. In support of our theme\, we discussed th e following topics.\n\n- Consequences of Demonetisation\n- Need of Transfo rmation\n- Digital Payment Platform\n- Positive Outcomes\n\nFirstly\, talk ing about the consequences\, when PM Modi announced that currency with the denomination of 500/- and 1000/- would cease to be the legal tender from 9th of Nov\, the whole country was stunned. This decision caused sensation in the whole country. Social Media was flooded with messages and informat ion. We depicted the consequences like people counting the trash they had accumulated for years legally or illegally\, the longer ATM queues and the fall of higher denomination notes overnight in a novel way using various art works.\n\nDemonetisation is not all about banning the old notes and re placing them. It is bigger than what it appears to be. For an instance if we consider one of the motives of demonetisation is to put a check to coun terfeit notes\, it might be successful only for a short term. In a long ru n even these replaced notes get counterfeited. So\, the solution for that problem is not just partial replacement but a total elimination and this i s what brings into picture the concept of cashless society. The 50 day str uggle\, a billion people faced due to cash crunch is not to make them run in search of new currency. All it aims is to make them think of alternativ es and methods to replace cash thereby bringing a whole new dimension to t he field of economy.\n\nTo cope up with present scenario and to yield the maximum fruitful results of demonetisation we called out for a Cashless an d Digital India to transform India into a digitally empowered society and knowledge economy. On this august event we threw a lime light on the vario us digital payment methods like mobile wallets\, mobile banking\, USSD\, A EPS and internet banking.\n\nWe took this opportunity to bring an insight over the positive impacts of Demonetisation by summing up the points as be low. Black money is used for illegal activities like terrorism funding\, g ambling\, money laundering and inflating the price of major assets classes like real estate\, gold. Due to demonetization\, all such activities will get reduced for a while and it will take years for people to generate tha t amount of black money again and hence in a way it helps in putting an en d to this circle of people doing illegal activities. Due to elimination of black money which is stagnant\, more currency comes into circulation and hence increases the Gross Domestic Product of our country.\n\nFinally\, we gathered all our exhibits and presented them through Show and Tell to stu dents and faculty members. Our discussion with faculty members about the r ecently introduced BHIM app was very intriguing and the responses from the some of the students\, saying that they are getting even their pocket-mon ey through Paytm made us realize that the movement has started and India i s on its way to get transformed into a completely digital cashless society .\n\nHyderabad\, Andhra Pradesh\, India LOCATION:Hyderabad\, Andhra Pradesh\, India ORGANIZER:dmounika02@gmail.com SEQUENCE:0 SUMMARY:[Legacy Report] Republic Day Parade URL;VALUE=URI:https://events.vtools.ieee.org/m/150449 X-ALT-DESC:Description: <br /><p>&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; &nbsp\;&nbsp\; The 68<sup>th</sup> Republic Day is celebrated in all its s olemnity and grandeur at VNRVJIET on 26<sup>th</sup> January 2017.The day on which our country declared itself as a Sovereign\, Democratic and&nbsp\ ;Republic&nbsp\;state with the adoption of the Constitution&nbsp\;all the Student Chapters and various clubs of our college came forward supporting their respective themes which would lead to a better India.</p>\n<p>&nbsp\ ;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nb sp\;&nbsp\;&nbsp\; We\, the members of VNRIEEE always being on a par with latest trends in technology and digitalization demonstrated our theme on D emonetisation using placards and charts to convey its true essence. This a mbitious move which shook the nation is currently the need of the hour see king a whole new transformation. In support of our theme\, we discussed th e following topics.</p>\n<ul>\n<li>Consequences of Demonetisation</li>\n<l i>Need of Transformation</li>\n<li>Digital Payment Platform</li>\n<li>Posi tive Outcomes</li>\n</ul>\n<p>&nbsp\;</p>\n<p>&nbsp\;&nbsp\;&nbsp\;&nbsp\; &nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Fir stly\, talking about the consequences\, when PM Modi announced that curren cy with the denomination of 500/- and 1000/- would cease to be the legal t ender from 9th of Nov\, the whole country was stunned. This decision cause d sensation in the whole country. Social Media was flooded with messages a nd information. We depicted the consequences like people counting the tras h they had accumulated for years legally or illegally\, the longer ATM que ues and the fall of higher denomination notes overnight in a novel way usi ng various art works.</p>\n<p>&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&n bsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Demonetisation is n ot all about banning the old notes and replacing them. It is bigger than w hat it appears to be. For an instance if we consider one of the motives of demonetisation is to put a check to counterfeit notes\, it might be succe ssful only for a short term. In a long run even these replaced notes get c ounterfeited. So\, the solution for that problem is not just partial repla cement but a total elimination and this is what brings into picture the co ncept of cashless society. The 50 day struggle\, a billion people faced du e to cash crunch is not to make them run in search of new currency. All it aims is to make them think of alternatives and methods to replace cash th ereby bringing a whole new dimension to the field of economy. &nbsp\;&nbsp \;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&n bsp\;&nbsp\;</p>\n<p>&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbs p\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; To cope up with present scen ario and to yield the maximum fruitful results of demonetisation we called out for a Cashless and Digital India to transform India into a digitally empowered society and knowledge economy. On this august event we threw a l ime light on the various digital payment methods like mobile wallets\, mob ile banking\, USSD\, AEPS and internet banking.</p>\n<p>&nbsp\;&nbsp\;&nbs p\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;& nbsp\;&nbsp\;&nbsp\; We took this opportunity to bring an insight over the positive impacts of Demonetisation by summing up the points as below. Bla ck money is used for illegal activities like terrorism funding\, gambling\ , money laundering and inflating the price of major assets classes like re al estate\, gold. Due to demonetization\, all such activities will get red uced for a while and it will take years for people to generate that amount of black money again and hence in a way it helps in putting an end to thi s circle of people doing illegal activities. Due to elimination of black m oney which is stagnant\, more currency comes into circulation and hence in creases the Gross Domestic Product of our country.</p>\n<p>Finally\, we ga thered all our exhibits and presented them through Show and Tell to studen ts and faculty members. Our discussion with faculty members about the rece ntly introduced BHIM app was very intriguing and the responses from the so me of the students\, saying that they are getting even their pocket-money through Paytm made us realize that the movement has started and India is o n its way to get transformed into a completely digital cashless society. & nbsp\;&nbsp\;</p>\n<p>&nbsp\;</p> END:VEVENT END:VCALENDAR