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Denmark based audio solutions and technology company <keyword id="3281105" type="PERSON" weightage="20" keywordseo="ePoS">EPOS</keyword> on Wednesday made its debut in India with a new range of products. EPOS operates in more than 30 countries worldwide and brings with it a stellar 115-year legacy of sound and innovation. "With our strong sound and innovation legacy and robust product portfolio, we are confident of delivering the power of quality audio to the modern Indian workforce, across business verticals. As a first step, we will be introducing our Microsoft Teams certified ADAPT range of headsets for office professionals on the go," Seah Hong Kiat, Vice President, Enterprise Solutions APAC, EPOS, said in a statement. The ADAPT range and EXPAND 30T audio products to professionals looking for audio solutions that adapt to users' busy lifestyle. It aims to offer outstanding sound quality, that allows flawless communication in any environment thanks to microphones that enhance speech and eliminate background noise. According to the company, the new headsets come with a sleek and sophisticated design crafted in high-quality materials that are made to be highly durable without ever compromising on a premium look and feel - perfect for the busy professional who wants one headset to satisfy business needs, whenever, wherever. The India launch is in line with the brand's commitment to develop, innovate and offer premium audio solutions for the modern Indian workforce.

Epos marks its debut in India with Adapt series of headphones

New Delhi, Dec 20 () No new ration card will be required for availing the portability benefit under the government's ambitious 'one nation, one ration card' initiative to be rolled out across the country from June 2020, Food Minister Ram Vilas Paswan said on Friday.
Currently, the initiative is being implemented on a pilot basis. Inter-state as well as state level portability is being tried in a cluster approach. The government's aim is to implement the initiative across India from June 1, next year.
Under the initiative, eligible beneficiaries would be able to avail their entitled foodgrain under the National Food Security Act (NFSA) from any Fair Price Shop in the country using the same ration card.
Paswan, who reviewed the implementation of the initiative, said, "There were reports in some newspapers that new ration cards will be needed for this scheme. It is baseless. No new ration card (is) required. Existing card will be valid pan India".
Beneficiaries will avail subsidised foodgrain using their existing ration card by biometric authentication on electronic point of sale (ePoS) machines, he said in a series of tweets.
The minister said the state level portability of ration card is fully operational in 12 States and partially in four states.
The 'state-level portability' allows the ration card holders to lift their foodgrain from any ePoS enabled fair price shops (FPS) within their district or state.
Whereas 'inter-state portability' is operational in eight states in clusters of two-adjoining states of Andhra Pradesh and Telangana; Gujarat and Maharashtra; Haryana and Rajasthan and Karnataka and Kerala, the minister added.
"Four more states Madhya Pradesh, Goa, Jharkhand and Tripura will be clubbed with these 8 states from January 1, 2020 to make one cluster," Paswan said.
He said the beneficiaries from all these 12 states will be able to lift their entitled foodgrain from any FPS of these 12 states.
Paswan said the e-biometric authentication of beneficiaries and state-level portability is essential for distribution of foodgrain under the 'One Nation One Ration Card' scheme.
However, Tamil Nadu and Delhi governments are not using ePoS devices in ration shops. Assam government has not taken any initiative so far to install ePoS devices, he said.
In Tamil Nadu, the use of ePoS devices in 34,700 FPSs has not started despite achieving 100 per cent Aadhaar seeding in ration cards.
In Delhi, the use of ePoS devices remain suspended since April 2018 despite implementation of 100 per cent bio-metric based distribution through ePoS in all its FPSs.
Whereas the Assam government has not yet taken any initiation so far towards the installation of ePoS devices in 38,300 FPSs even after continuous persuasion by the department, he added.
Under the NFSA, about 75 crore beneficiaries have been covered so far against the target of 81.35 crore, as per official data. LUX BAL

No new ration card needed for inter-state portability: Paswan

The government is planning to convert local grocery shops and kirana stores into micro ATMs. In this regard, over five lakh fair price shops in India will be equipped with electronic point of sale (ePOS) machines and function as micro ATMs in two years. 
 
The Department of Financial Services (DoFS) has urged states to facilitate fair price shops and public distribution shops to double up as micro ATMs. 
 
The ePOS machines once made compatible to function as micro ATMs will enable people to withdraw money from their accounts against swiping of their debit cards. 
 Already, almost 1.6 lakh fair price shops, out of a total of over 5.4 lakh, have been fitted with ePOS machines that enable shops to give out subsidised rations in an automated way through <keyword id="3869489" type="UNKNOWN" weightage="20" keywordseo="Aadhaar-biometric-authentication-">Aadhaar biometric authentication.</keyword> 
 
"The subsidised ration shop in the village is the biggest point of interaction with the villagers as they frequent it. Hence, the decision has been taken to reconfigure the ePOS machines already installed in the 1.6 lakh fair price shops to make them micro ATM complaint and tell states to procure micro ATM compatible machines in future for rest of 3.8 lakh fair price shops,” a senior government official told ET. 
 
Presently, the Indian government has asked banks to deploy micro ATMs in rural areas. 
 
(Image: Reuters)

Your nearby grocery shop is going to become a micro ATM soon

<ul><li>E-commerce currently contributes 2% to the FMCG market.</li><li>Metros lead the <keyword id="8408593" type="UNKNOWN" weightage="20" keywordseo="e-commerce-fmcg">e-commerce FMCG</keyword> race with a 6% contribution from the channel to total FMCG sales. </li><li>Foods is the biggest contributor with 44%, then it is personal care (40%) and household care (13%). </li></ul><keyword id="6456080" type="ORGANIZATION" weightage="20" keywordseo="nielsen">Nielsen</keyword> India expects the Fast Moving Consumer Goods sales coming from the e-commerce channel to grow to $4 billion by 2022. The channel contributes 2% to the current FMCG market. These are insights were a part of Nielsen’s recently launched <keyword id="8408596" type="UNKNOWN" weightage="20" keywordseo="e-trak-index">E-Trak Index</keyword> - a measurement solution that tracks the FMCG e-commerce industry. The solution is created using aggregated ePOS (electronic point of sale) data from co-operating e-commerce players and data science backed estimation for non-cooperating e-commerce players in India. The index adds a crucial element to the Retail Measurement Services that Nielsen provides by adding a view of the FMCG E-commerce space for All India Metros currently - with monthly read for Total FMCG, Super-categories, Category level for about 20 categories and for 11 categories at a top manufacturer level. Manufacturers and marketers get data, information and insights that can be further used to hone their e-commerce channel sales strategy to help shape a smarter market. Metros lead the e-commerce FMCG race with a 6% contribution from the channel to total FMCG sales. Amongst these, Foods is the biggest contributor with 44%, followed by personal care (40%) and household care (13%). Narrowing in on the value contribution of e-commerce to Metro sales categories with the channel, diapers contribute 26% to the sales; followed by skin creams (12%) and shampoo (10%). <keyword id="3017476" type="PERSON" weightage="20" keywordseo="Prasun-Basu">Prasun Basu</keyword>, South Asia Zone President, Nielsen Global Connect, said, “Measurement is necessary. Measurement is difficult. Best possible measurement.” Explaining it further, Basu adds, “Data and insights from Nielsen’s Retail Measurement Services continue to provide an essential foundation for manufacturers and marketers to understand their market. In this rapidly evolving world of commerce, India’s FMCG industry is now making its presence felt in the E-Comm channel - appealing to consumers’ need for convenience, and in sync with increasing smartphone and internet penetration. To give a truly complete picture of the changing marketplace, we are happy to announce that Nielsen India has launched a specific E-Trak index that will now measure FMCG consumer offtake in the E-Comm space - marrying this with trends seen in modern and traditional trade to get a read on omnichannel in the country.” <keyword id="8408595" type="UNKNOWN" weightage="20" keywordseo="Sharang-Pant">Sharang Pant</keyword>, Head-Retail Measurement Services and Retailer Vertical, South Asia, Nielsen Global Connect said, “While the foundation is taking shape, E-comm’s dynamic nature has made it a disruptor in the marketplace. E-Comm has seen a transformative journey and is now a $1.2Bn Industry growing from 0.5% contribution in 2016 to a 2% contribution in 2019, and slated to be 5% in 2022 - this is in half the time that brick and mortar retail took to evolve. That said, these channels are not cannibalizing each other, and all continue to grow with E-Comm outpacing modern trade and traditional trade. The view that Nielsen presents on understanding channel, category and consumer trends will directly help players understand the right strategy in terms of assortment, pricing and positioning to win with the evolving consumer.” <keyword id="8408594" type="UNKNOWN" weightage="20" keywordseo="Nitya-Bhalla">Nitya Bhalla</keyword>, Head- Data Science, South Asia, Nielsen Global Connect, said, “Given the significance of the channel from both a current as well as future perspective, Nielsen has built a unique state of the art hybrid model for estimating this dynamic and growing channel. The methodology involves leveraging data from key collaborating E-tailers in the FMCG space. We then use crowd sourced data coupled with machine learning techniques from a panel of 200K+ consumers to estimate the Ecommerce sales for FMCG products.”

Nielsen expects FMCG e-commerce to grow at 44% CAGR to $4 Billion by 2022

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Epos marks its debut in India with Adapt series of headphones

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No new ration card needed for inter-state portability: Paswan

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Your nearby grocery shop is going to become a micro ATM soon

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Nielsen expects FMCG e-commerce to grow at 44% CAGR to $4 Billion by 2022

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