CA Pawan Sarda is quite popular in chartered accountancy and company secretary circles and is also an inspiration to hundreds of young CA and CS students in Nagpur. The reason is simple ? 26-year-old Pawan has a brilliant academic record to his credit. Pawan secured an AIR (All India Rank) at all levels of CA and CS. He secured an AIR 2, AIR 8 and AIR 2 in CPT, IPCC and CA final, respectively, while pursuing his CA course. He also secured an AIR 16, AIR 23 and AIR 6 in foundation, executive and professional exams, respectively, while pursuing his CS course. Instead of opting for a regular corporate job, where he could have had a very handsome salary, this young lad chose to pursue his passion of teaching and practicing chartered accountancy. He currently teaches taxation at the well-known Central Academy of Professional Studies (CAPS) and is a partner at M/s SPAN and co. In an exclusive chat with Nation Next, Pawan Sarda speaks about his passion for teaching, his academic brilliance and his way of life?
When did you think of teaching as a profession?
I used to teach concepts of Physics to my friends when I was in standard 8th. Also, I taught Mathematics and English to my friends in my 12th. I even helped my friends during our CA studies because it gave me immense satisfaction. So, when I qualified as a CA, I thought that I should definitely pursue my hobby of teaching as a profession.
You got a really good job offer after qualifying as a Chartered Accountant?
I got an offer for this job with a salary of around rupees 19 lakhs p.a. Money has never been a driving force for me. When I worked as an article, I learned that if you attained knowledge, money would come in your life sooner or later. I always wanted to do something independently. So, I took up teaching. I thoroughly enjoy teaching and it never makes me feel tired. I don’t feel as if I’m working.
You now teach at CAPS, where you had studied. How does it feel to be a teacher at the same academy and working with the teachers who taught you once?
It’s indeed a wonderful feeling! It’s like a dream come true for me. When I was a student, I used to admire the teachers, whom I now work with. Apart from accounting, they have taught me about life too. I feel very fortunate to be a part of CAPS. I got a similar feeling when I took a few sessions at Bhavans Viday Mandir, from where I did my schooling.
What type of bond do you share with your students How do you think you contribute in their lives
I feel blessed to be a teacher because of my students. The bond I share with my students is definitely beyond the subject I teach. I feel that as a teacher, I have an opportunity to help my students, and change many lives. Whenever my batch ends, my students give me their feedback. They tell me how their life has changed and they speak straight from their heart.
You have been a meticulous student since 10th standard with all India ranks at all levels of CA and CS too. While pursuing CA intermediate (PCC), you scored whopping 98 marks out of 100 in costing. How did you manage to maintain this consistency?
I would always study the entire syllabus and revise it at least four to five times. While taking my exam, I always solved the entire paper of 100 marks with a simple strategy of allotting 1.8 minute for each mark. Keeping in mind that I have 180 minutes for 100 marks, I used to always complete the whole paper within time.
You have been a brilliant student. You are fond of cricket and badminton. You play guitar and visit adventure camps as well. In the past, as a student you also went to Sri Lanka and represented ICAI. How do you balance things so well?
I truly believe in doing what I plan to do. I stay away from technology as much as possible. I have some priorities and manage time accordingly. I think balancing things is just a state of mind. One can do it if one truly wishes to.
Besides academics, how important do you think soft skills are for a to-be professional?
They are more important than academics. These are skills, which you learn when you work as a CA article or maybe when you fail in the exams. The objective behind preparation for the exams is to enable us to discover ourselves, grow and learn. A good mark sheet surely matters but it’s not the only thing, which does!
You are known to be very grounded in spite of all the success that you have got at such a young age. What is your idea of success
Being down to earth or humble is not a skill. It comes automatically out of gratitude. It comes out of gratefulness towards people. My idea of success is having a balance in all the areas of life. I feel that there are six different areas ? health, wealth, family, friends, work or academics and spirituality. I feel that we must have an excellent relationship with our own self. I also believe in living the present and being happy.
Who has been a guiding force to you in all these years
My professor DG Sharma sir and my elder brother, Atul Sarda have been my guiding force. I always wanted to be like my brother.
How would you describe your journey as a whole?
I believe in the journey and not the destination. It has been very fulfilling till now. I feel grateful for everything. I think that it is my turn to give back to the society and to the people who have always been with me.
What will be your advice to young CA students and professionals
Be sincere, ethical, and don’t just run after money. Acquire soft skills, hard skills and be persistent. Realise the power of a chartered accountant and the significant role he plays in the society.
Dharavi redevelopment to have dedicated areas for manufacturing: Devendra Fadnavis
Deputy Chief Minister Devendra Fadnavis said that Dharavi redevelopment will have dedicated areas for manufacturing…
The Mah Deputy CM says that Dharavi is a great manufacturing cluster, has been kept in mind while planning its redevelopment.
As Dharavi redevelopment has been announced, doubts were raised on whether this locally evolved entrepreneurial hub will retain its spirit. In a chat on Sansad TV with Sanjeev Sanyal, Member, PM’s Economic Advisory Council and a writer, on an Economic Sutra episode telecast on Nov 6, the Deputy Chief Minister had made it very clear how he foresees the future of Dharavi and Mumbai.
Saying that his government worked on clearing all the bottlenecks, he adds, “We understood that unless we have a place to rehabilitate people, which is nearby Dharavi, this project will not take off. We found out that there is around 42 acres of land which belongs to the Railways. We approached the Central Government and told them that we’ll free up your land. We’ll buy your land and we’ll give you a share in the profit and we entered into a definitive agreement and now they have handed it over to us.”
“The Dharavi Redevelopment project will be the most unique project ever done. In fact, this redevelopment was visualized by none other than Rajiv Gandhi in 1985 but nothing happened – until 2014 when Modiji came and we started governing Maharashtra. The redevelopment will be no less beautiful than BKC. Dharavi is just not a slum but it’s also a great manufacturing cluster, so what we did was that while planning this scheme we have created areas for this entire manufacturing industry along with planning for the rehabilitation of the people. Right now, this entire manufacturing sector is informal, but after this and over time they will come into the formal sector.”
Watch the full interaction here: https://youtu.be/FNeTrm0v0dw
Also, with Mumbai undergoing so many infrastructural changes, questions have been raised about retaining the quintessential character of “aamchi Mumbai,” which apart from being the financial capital of India is undoubtedly one of the most vibrant cities.
Speaking on the land issues, Fadnavis says, “The usable space in Mumbai is very little. It has length, but has limitations on the breadth so taking into consideration all these problems we wanted to design a very robust system for Mumbai for commuters and for vehicles. That’s why the all the new Coastal Road, which will decongest the western side of Mumbai. It will be a ring road type structure along the coast and this Western Expressway carries 60 percent of the Mumbai traffic right, so all that traffic will be mostly accommodated here.”
Commuting in Mumbai is a killer and every day Mumbaikars spend a lot of time on travel. Saying that he wants to reduce travel within Mumbai from anywhere to anywhere to an hour, Fadnavis explains, “Our Metro three is a very unique 40 kilometers of underground Network, which will be the lifeline of Mumbai. It is estimated to carry around 1.7 million passengers per day! All this work will be finished in two or three years and I want that from any place to any place in Mumbai one should reach within less than one hour – that is the planning. We are also trying to integrate the transportation system. Right now, our Suburban Railway is the lifeline of Mumbai. This Suburban Railway carries around 9 million passengers. The new Metro Network which we are creating will be carrying around 7 million or 8 million passengers, almost doubling the current number.”
Adding to this, the Deputy CM says that the 22 kilometers of Sea Bridge that will connect us to the hinterland, “so we have Mumbai, we have new Mumbai and that will be the third Mumbai that will be a land mass which will be bigger than Mumbai with new Mumbai airport. I think the future growth of Mumbai is on that side!”
Pritish Nandy’s ‘spirit of Dharavi’ tweet sparks off poverty porn debate
Dharavi comments of former parliamentarian and noted media and television personality Pritish Nandy on Friday, kicked off a storm…
Is squalor for cameras, money more important than dignified living for the residents…
Former parliamentarian and noted media and television personality Pritish Nandy’s Dharavi comments kicked off a storm when he said on Twitter that Dharavi, one of Asia’s largest slum, with an estimated population of 1 million, ‘is not actually a slum but a tribute to the great entrepreneurial spirit of the weakest and smallest person fighting for his or her livelihood in Mumbai. It is also a model in collective coexistence in one of the toughest cities in the world, where nothing else matters. Not caste. Not faith. Not where you come from. But trust and togetherness.’
While this may be true, what is equally true is the squalor and subhuman conditions that reign supreme in this slum. Netizens felt that Nandy, by romanticizing poverty in this manner, was only feeding poverty porn and tourism. Nandy clarified that he was seeking to keep the spirit of Dharavi alive by “researching the architectural grammar, the cultural history that builds integrated and interdependent societies like Dharavi that have survived and flourished over decades and make that the base for the new redevelopment plans. Not just look at the future but also build in the past.”
The Maharashtra Government had on November 29, opened the financial bids for Dharavi redevelopment project. While 3 companies Adani Realty, DLF and Naman Group had submitted bids, the Adani Group clinched the project with a INR 5,069-crore bid. The timeline for the entire redevelopment of Asia’s largest slum, with an estimated population of 1 million, might take close to 17 years, the rehabilitation of slum dwellers should be complete in seven years.
Fact. @gautam_adani has won the bid to redevelop Dharavi. What is crucial however is that the indomitable spirit of what has been often described as Asia’s biggest slum is retained and nurtured. Dharavi is not actually a slum. It is a tribute to the great entrepreneurial spirit
— Pritish Nandy (@PritishNandy) December 1, 2022
Anil Deshmukh’s bail plea on Dec 6; HC says plea should be heard on priority due to his ill health
The Bombay High Court said, as per prima facie, 74-year-old former Home Minister of Maharashtra Anil Deshmukh’s bail plea should be heard on priority basis due to the senior leader’s health issues. Additional Solicitor General Anil Singh, appearing for the CBI, said that when Deshmukh’s bail plea was moved on medical grounds, then a fresh medical report needed to be called for.
Singh said, “There is a compilation that has been given now. There are medical papers attached. We need to go through it. Even though this is not a bail application on merit of the case, it is still being circulated under medical issues. He is getting medical treatment as required. Moreover, medical issues are not static. We need a check on what his condition is right now.”
Deshmukh’s advocate Vikram Chaudhari said the senior NCP leader was being treated but has been suffering from several ailments that require constant treatment and care. Chaudhary said, ”He needs to be released. He is a chronic patient.”
Justice MS Karnik said that the court would hear the bail plea on merits. He said, “I am satisfied that we can proceed with the hearing on merits and give it priority. This is my prima facie opinion that priority should be given. One of the medical ailments (that Deshmukh is suffering from) is degenerative.” Deshmukh’s bail plea would now be heard on December 6.
The bench asked Singh whether he was ready to argue on the merits of the case immediately, to which Singh said he would require a week while Chaudhari said that he was ready to argue. However, Justice Karnik said, “We need to give them a fair opportunity.”