Book Review 01: "Your Money or Your Life" by Vicki Robin and Joe Dominguez (Coming soon)

India's Prime Minister Electric Vehicle Scheme (EV Schemes)

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The PM EV Scheme refers to the Prime Minister Electric Vehicle Scheme , which is part of the Indian government’s broader initiatives to promote electric vehicles (EVs) and transition towards sustainable mobility solutions. This scheme is not officially termed as "PM EV Scheme" but often refers to several government initiatives like the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India Scheme and other policies designed to promote electric mobility in India. Here’s an overview of the major initiatives under this context: 1. FAME India Scheme (Faster Adoption and Manufacturing of Electric Vehicles) The FAME India Scheme is the main program under the Government of India to promote electric and hybrid vehicles in the country. It is implemented by the Ministry of Heavy Industries to support the market for EVs through financial incentives. The scheme aims to create demand for electric vehicles, focusing on both public and private transport. FAME I : Launched i
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What are the key skills required to be a Business Analyst?

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A business analyst requires a diverse set of skills to effectively bridge the gap between business needs and technology solutions. Key skills include:

  1. Analytical Thinking and Problem-Solving: The ability to break down complex problems and come up with practical solutions.

  2. Communication Skills: Strong verbal and written communication to clearly convey ideas, requirements, and solutions to stakeholders at all levels.

  3. Stakeholder Management: The ability to work closely with stakeholders, understanding their needs, managing expectations, and ensuring their objectives are met.

  4. Requirement Gathering and Documentation: Proficiency in gathering and documenting business requirements, ensuring clarity for both business and technical teams.

  5. Data Analysis: Ability to analyze data using tools like Excel, SQL, and visualization tools such as Tableau or Power BI to make informed decisions.

  6. Process Mapping and Modeling: Understanding and designing business processes using tools like BPMN, flowcharts, or UML to create process maps and models.

  7. Technical Understanding: Familiarity with IT systems, software development lifecycles (SDLC), and methodologies like Agile and Scrum. While not always needing to code, a basic understanding of software systems is helpful.

  8. Problem-Solving and Critical Thinking: A business analyst must be able to evaluate problems from multiple angles and come up with viable solutions.

  9. Negotiation and Conflict Resolution: Ability to manage conflicting priorities, negotiate between stakeholders, and mediate disagreements.

  10. Time Management: Being able to manage multiple projects and deadlines effectively.

  11. Industry Knowledge: A good understanding of the specific industry you are working in is critical, as business analysts need to know how processes fit into the larger industry framework.

  12. Change Management: Understanding how to manage and implement change within an organization, ensuring smooth transitions when new systems or processes are introduced.

These core skills help a business analyst effectively understand and translate business needs into actionable plans and system improvements. 

Location: India

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