Dawn of a new-age Steemit blogging trend beckons on Mangaluru

Rajat Rao
June 17, 2017

Mangaluru, Jun 17: In an age where most social media networks engage its users addictively without remuneration for the time spent, a one year old blockchain and cryptocurrency based social networking site rewards their users to use it. ‘Steemit.com’ encourages it’s users to use its platform and by way of upvotes monetize their writing in the form of Steemit’s own internet currencies; Steem and SBD. These cryptocurrencies are similar to the popular Bitcoin, often known as internet gold.

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Just as how Facebook and Twitter attracts likes, shares and retweets which has restricted reach; Steemit has upvotes and that is accessible to all. The community upvotes each other and this rewards the author (user) for the posts they make. Apart from making this platform free for all to join and use, it also manages to reward every author for every post or comment that is upvoted. The site also has the concept of curation rewards to reward voters for curating good quality content. Moreover, all the articles are categorized under tags making it reader friendly.

In the dawn of this new age social media craze, a team of 15 young and zestful keyboard enthusiasts have come forward from Mangalore to be a part of Steemit following the initiative of pro-blogger Meghan Naik. The rainy Sunday morning of 11 June witnessed the Steemit meet by this group consisting of bikers, photographers and sportspersons as they pledged to start exercising their flair for writing and get paid for it as well.

A briefing on this matter conducted by one of the first Indians on Steemit platform, Meghan Naik, who organized and educated the gathering about Steemit.co. He explained how to use the platform, how the incentives work, tips to make the most of this new technology and use of cryptocurrencies such as Bitcoin in the Indian scenario were disseminated to the gathering.

“I came across this platform a year ago and invested my time, and effort in writing content, building a global community for Steemit, helping many users use of this new platform to their benefit. Unlike the other social media platforms such as Facebook, Instagram or Twitter which makes money off it’s users by way of advertising to them, Steemit rewards it’s users for their attention, effort and engaging on its platform”, Meghan said and added, “Your attention, effort and time is definitely worth a reward and Steemit makes it worthwhile to use it over any other social media platform. Even a dollar earned through participation on Steemit is worth more than zero earned when updating your status on Facebook.”
It is but a blogger’s dream to monetize their blogs at day one and Steemit helps them achieve this instantly with exception engagement with the target audience. As was written in one of Meghan’s blog (www.Steemit.com/@firepower), it is wise to spend more time on Steemit and engage more with users across the world. When you are an established author you could even consider sharing content on Steemit full-time as Meghan Naik currently does!

More technical information: Steemit.com is a platform which provides a unique solution to monetize content. It is a social network which empowers the community to award content it finds valuable. The awards are in the digital currency STEEM, and it’s proportionately allocated based upon weighted upvotes earned from the community. Contrasting Steemit against traditional social media platforms such as Facebook and Twitter, outstanding content will attract likes, reposts and attention on traditional social media platforms, but no monetary reward. However, on Steemit, every like (in the form of an upvote) is a vote to award some digital currency STEEM to the content creator – more upvotes equal a greater allocation of STEEM from the reward pool.

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Shankar
 - 
Sunday, 18 Jun 2017

If it catches on in India, it will become another Quora.

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Agencies
July 8,2020

The Central Board of Secondary Education (CBSE) has rationalised by up to 30 per cent the syllabus for classes 9 to 12 for the academic year 2020-21 to reduce course load on students amid the COVID-19 crisis, Union HRD Minister Ramesh Pokhriyal 'Nishank' announced on Tuesday.

The curriculum has been rationalised while retaining the core elements, the Human Resource Development said.

Among the chapters dropped after the rationalisation exercise are lessons on democracy and diversity, demonetisation, nationalism, secularism, India's relations with its neighbours and growth of local governments in India, among others.

"Looking at the extraordinary situation prevailing in the country and the world, CBSE was advised to revise the curriculum and reduce course load for the students of classes 9 to 12.

"To aid the decision, a few weeks back I also invited suggestions from all educationists on the reduction of syllabus for students and I am glad to share that we received more than 1.5K suggestions. Thank you, everyone, for the overwhelming response," Nishank tweeted.

"Considering the importance of learning achievement, it has been decided to rationalise syllabus up to 30 per cent by retaining the core concepts," he added.

The Union minister said the changes made in the syllabi have been finalised by the respective course committees with the approval of the curriculum committee and the Governing Body of the Board.

"The heads of schools and teachers have been advised by the board to ensure that the topics that have been reduced are also explained to the students to the extent required to connect different topics. However, the reduced syllabus will not be part of the topics for internal assessment and year-end board examination.

"Alternative academic calendar and inputs from the NCERT on transacting the curriculum using different strategies shall also be part of the teaching pedagogy in the affiliated schools," a senior official of the HRD ministry said.

For classes 1 to 8, the National Council of Education Research and Training (NCERT) has already notified an alternative calendar and learning outcomes.

According to the updated curriculum, among the chapters deleted from class 10 syllabus are-- democracy and diversity, gender, religion and caste, popular struggles and movement, challenges to democracy

For class 11, the deleted portions included chapters on federalism, citizenship, nationalism, secularism, growth of local governments in India.

Similarly, class 12 students will not be required to study chapters on India's relations with its neighbours, changing nature of India's economic development, social movements in India and demonetisation, among others.

Universities and schools across the country have been closed since March 16 when the central government announced a nationwide classroom shutdown as one of the measures to contain the COVID-19 outbreak.

A nationwide lockdown was announced on March 24, which came into effect the next day. While the government has eased several restrictions, schools and colleges continue to remain closed.

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News Network
April 7,2020

Bengaluru, Apr 7: The Karnataka Government indicated today that it is too early to take a call now on lifting the nation-wide lockdown but said it’s in favour of its extension in COVID-19 hotspots in the country by at least an additional two weeks.

“We need to see for another few days before taking final call,” Medical Education Minister Sudhakar K, who is in-charge of all matters related to COVID-19, told news agency Press Trust of India when asked if the State is in favour of the rollback after the 21-day period ends on April 14.

The minister opined that the decision on its withdrawal should be based on the COVID-19 pandemic situation at the time in terms of number of cases and response to the outbreak.

When the lockdown is lifted, it has to be in a staggered and phased manner, and not at one go, Mr Sudhakar stressed.

“Where there are red alerts and zones, those zones, in my opinion, should continue to be in a lockdown situation at least for two weeks…till this month-end, I will request them (the Centre) to do this,” he said.

The Telananga Chief Minister K Chandrasekhar Rao on Monday appealed to the Prime Minister Narendra Modi to extend the 21-day national lockdown imposed to contain COVID-19 outbreak beyond April 14, saying it was essential to save lives.

Mr Sudhakar said the Karnataka government is facing financial challenges because of drastic fall in revenues due to the lockdown, adding, it would take “tough decisions” to cut expenditure.

The Finance Department is in the process of evaluating the state’s fiscal position.

“Finance department is gathering information…what is the need now, what should be the overall expenditure, how much we can save; financial support for unorganised and organised sector, along with stimulus to other sectors, we have to see where we stand financially,” the minister said.

“Based on that, we have to take certain steps for sure because after all the government runs on the exchequer money. Once the exchequer is stopped because of lockdown, we are not getting GST, no motor vehicle tax. No tax money is coming.”

Government also has to run right? he said.

He said commitment and obligations with regard to paying interest on loans taken at the national and international level would have to be met.

“So, there are some financial constraints, and financial challenges before the government. The Government will take tough decisions only after studying the entire finance (position of the State).”

The Telangana government last week announced pay cut for government employees.

The Union Cabinet on Monday approved a 30 per cent cut in salaries of all Members of Parliament and a two-year suspension of the MP Local Area Development (MPLAD) scheme.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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