Category: Business

February 1: Successfully established entrepreneurs Smt JAYSHREE PANDYA and shri Dinesh Pandya with their venture ADDSHOP E-RETAIL, not only aim at curating products completely made in India and advocating the age-old effective Ayurveda but also have a clear and ambitious vision of providing and generating employment opportunities for 1 crore people. Currently, more than 35000 farmer families are associated with ADDSHOP, and More than 20000 passionate women are paving their career and path towards financial independence with the support of ADDSHOP E-RETAIL.

ADDSHOP E-RETAIL believes in not just empowering women but making them economically independent. Their initiative aims to render women the financial freedom to make their own decisions, which enables them to live life on their own terms.

They also aim to contribute towards making women Economically empowered so that they can enjoy better status in their families and in the society, are more confident, raise healthier and better-educated children, and accelerate the nation’s development with low capital investment and, on the other hand, preserve our age-old nation heritage of curing and prevent diseases by curating products using organic herbal and ayurvedic ingredients.

Entrepreneurs of ADDSHOP E-RETAIL take pride of the fact that they are an Indian company and all of their products are completely made in India, and by doing so, they are consistently and deliberately trying to contribute their bit towards to mammoth growth objectives of our nation, which is truly commendable contributing by the team of ADDSHOP.

Apart from this, ADDSHOP company is working on a mission – Disease Free India wherein they help the farmers conduct organic and Poison free farming and contribute towards the prosperity of Farmers. ADDSHOP also curated chemical free and herbal cosmetics, and their wonderful and valuable achievements include more than 100 awards from various recognized and prestigious institutions and associations.

Dineshbhai Pandya is a visually impaired first-generation social entrepreneur, and For the last 20 years, he has constantly been contributing towards the upliftment of farmers by working a mission called Poison Free Farming, Rich Farmer and Progressive Village.  He is helping divert farmers towards organic farming and reducing and gradually stop the usage of chemical fertilizers and pesticides. He has conducted around 1200 village shibirs and diverted more than 30,000 farmers towards organic farming.  Considering the fact that Dinesh Pandya is visually impaired, his contribution to society is really commendable. Apart from this, since the economic condition of our farmers is poor, he is also teaching them how to be an entrepreneur and become self-reliant.

During these trying times of covid 19 lockdown and during unlocking phase, Dineshbhai has provided employment opportunities to more than 10,000 people. He also adopted around 100 families whose earning person died in Covid. He also helped around 12,000 students with full-scape notebooks. He gifted around 3,00,000 cloth Masks of Gondal Udhyog Bharati Sanstha and did his bit to prevent society from Covid. He has also provided a computer lab with 50 computers in a government school in his village, which is the biggest lab across all the villages in the Bhavnagar district of Gujarat.

Entrepreneur SHRI DINESH PANDYA’s wonderful and valuable achievements include the achievement of being titled as “leading industrialist of Gujarat”. He has also been honoured by the very prestigious institution GOLDEN BOOKS OF WORLD RECORD – the USA, “KRUSHI MAUL AWARD” – Swami Samarth Sansthan. He has also been awarded “SHRAMA RATNA” by the government of Gujarat. He has been awarded more than 50 awards at the state, and national level, which is commendable and his new venture ADDSHOP E-RETAIL is sure to go a long way owing to the skills, aptitude, talent and experience of the founders. In 2016, Indira Gandhi Krushi Univerity, Raipur, Chhattisgarh awarded him for his Zero Budget Farming.

His unit producing organic manure has received the best KVIC Unit award by Shri Vinay Kumar Saxena Ji, chairman of KVIC, in 2017.

World Best Brand & Business Awards,  South Asia Pacific Healthcare Summit & Business Awards & International Awards For Educational Excellence

February 1: In an Impressive Event in Delhi, the Entrepreneurs, organisations & Startups were felicitated for their Contribution on 18th December 2021 at Hotel the Park, Delhi.

Hon’ble Shri ShripadNaik, Member of Parliament & Minister of State for Tourism & Ports, MsShaziaIlmi- National Spokesperson BJP, Sh. Gopal Krishan Agarwal, National Spokesperson-BJP, Mr Mufti Shamoon Qasmi graced the Occasion as Chief Guest along with Famous Bollywood Singer & Performer –Shibani Kashyap, Mr Madan Lal, Former Cricketer & Coach- Indian Cricket Team, Ms Barsha Chabaria, Founder Salaam Namaste FM were also present during Business Awards.

The Awards under different prestigious Categories like Best Categories, Icon of the Year and Top 100 Business Leaders were Presented by Ms Shibani Kashyap (Famous Playback Singer), Mr Madan Lal, Former Cricketer & Coach- Indian Cricket Team & Mr Ashish Vats (CEO-Council for Brand Business Promotions & Research).

At this Onset, Mr Ashish Vats, CEO- Council for Brand Business Promotions & Research, Said that We welcome Prime Minister’s Atmanirbhar Yojana & Vocal for Local Campaign. And this platform is set to bring Entrepreneurs, Organisations and start-ups in the limelight and will continue to promote the contributions of Indian Industries across the Globe. During this Event, three impressive & informative panel discussions were held on Branding, Rural Health & Technology.

The list of Awardees are as Under:

• Indo American Montessori World-Class Pre School –  Best Pre School in Haryana (Virtual)
• Prashant Rajaram Kadam –  Icon Of The Year (Social Work)
• AMAT SOCIETY –  Nest Society In Social Work( Haryana)
• Alpana Public School –  Best School (North East Delhi)
• Mrs Poonam kashyap –  Lifetime Achievement Award
• Mrs Kiran Kumari Mishra –  Lifetime Achievement Award
• Mr Vijay Gulati –  Entrepreneur of the Year
• The Indian Public School –  Best School in Innovative Pedagogies (Tamil Nadu)
• M. Nithyakalyani –  For Top 100 Educational Leader
• Deepak Monga( H.C Advocacy) –  For Top 100 Educational Leader ( Fire & Safety)
• Pankaj Vats –  For Top 100 Educational Leader ( Efficiency Coach)
• Neil –  For Top 100 Educational Leader
• Anil Ganpat Pawse –  For Top 100 Education Leader
• Priya Sachdeva –  For Top 100 Impactful Education leader
• Thungunoori Balaraju –  For Top 100 Impactful Education leader ( Sports Coach)
• Ravian Life Science Pvt Ltd –  Best Pharmaceutical Manufacturer Company (Uttarakhand)
• Credent Cold Chain Logistics Pvt Ltd –  Best Company ( Servicing Healthcare Industry )
• Dr Kalpesh Kiritbhai Shah –  Icon of the Healthcare
• Dr Puneet K Jha –  Outstanding Achievement Award
• Best Nursing Home/ Small Hospital Secondary Care –  Suraksha Nursing Home
• Emerging Brand in Healthcare IT –  Spirals Healthcare
• Healthopia Global –  Best Wellness Company
• Heinrich Limited –  Best Nurse Call System
• Invitro Baby Fertility Centre –  Emerging IVF Centre
• Skinska PharmaceuticaPvt Ltd –  Emerging Company in Skin Care
• Aditendraaditya Singh Bhati –  Best Neurosurgeon of the Year
• Mr Subhash Sharma –  Best Social Worker of the Year
• Mr O P   Saroha  –  Best Taxation Expert
• Surgery Now –  Best Startup of the Year
• Dr SachinTyagi –  Best Yoga Doctor of the Year
• Dr Ajit Saxena –  Best Urologist of the Year
• Suraksha Nursing Home –  Best Nursing Home/Small Hospital Secondary Care
• Ashish Shukla –  Icon Of The Healthcare
• Krishna Kataria Gupta –  Social Worker In Beauty Training
• Kunwar Sahi –  For Top 100 Healthcare Business Leader
• Sheetal Kumbhare –  For Top 100 Business Leader
• Harpreet Singh –  For Top Hundred Business Leader
• Harmeet Kaur –  For Top 100 Business Leader
• Bulbul Premium Oil –  Emerging Brand
• Miss Beulah Nand –  For Top 100 Business Leader
• Priyanshi Bhatnagar –  For Top 100 Impactful Business Leader (Nutrition)
• Teena Singh – For Top 100 Business Leader
• Nisarga Family Homes Pvt. Ltd –  Emerging Brands Of Real-Estate
• Super Smelters Limited –  National Quality Award
• Ms Akriti Verma –  For Top 100 Impactful Business Leader
• Mr Jitendra Singh –  Entrepreneur of the Year
• Mr Ajay Pal Singh – Best CEO of the Year
• Mr S P Sisodia –  Best Social Worker
• Mr Laxman Rao –  Best Author of the Year
• Sh Navin Jain – Best Lawyer
• Ms Mala Bhandari, Childline 1098 – Best NGO
• A K Tyagi, Executive Director, Haldirams – Inspiring Leader of the Year
• Mr Nitin Pal – Best Digital Consultant
• Namaste India Magazine – Best Emerging Magazine
• Mr Dilip Devetwal –  Emerging Editor Personality
• Salaam Namaste Community Radio – Best Community Radio of Delhi NCR
• WICCI-CSR-UP – Initiative of the Year
• ACES Magazine – Magazine of the Year
• Mr Anil Maini – Lifetime Achievement Award
• Mr Gurpreet Singh – Icon of Service & Leadership
• MrGurmej Singh – Best Social Leader
• Mr Naveen Tanwar – Top 100 Impactful Social Leader
• Mr Devendra Sura – Best Environmentalist- Tree Man
• Healthopia Group of Companies – Emerging Healthcare Provider of India

For more information, please visit http://www.brandscouncil.com/brandscouncilratings/

February 1: Drs. Kiran & Pallavi Patel Global University (KPGU) and IG Droneshave signed a Memorandum of Understanding (MoU)to establish a ‘Drone Centre of Excellence. It complies with the provisions of the recently drafted National Education Policy, which has expanded the scope for imparting information about drone technology through vocational courses for various age groups.

As part of this MoU, both parties have agreed to collaborate and synchronise training infrastructure with the purpose of upskilling youngsters and making them industry-ready. India will soon be the world’s Drone Hub, with a new drone ecosystem in place and a new wave of 10 million skilled young people on the way.

KPGU was established with a view to being a leading educational organization imparting holistic education to help students become responsible world citizens who are sensitive to the needs of society. It promotes participative-cum-partnership collaboration with industrial fronts & organizations like IG Drones, which provides enterprise drone solutions and pan-India training to ensure active participation in the industry.

The MoU was signed between Prof. (Dr.) Kehul Shah, Registrar, Drs. Kiran & Pallavi Patel Global University (KPGU) and Bodhisattwa Sanghapriya, CEO, IG Drones on Jan 31, which beamed a new varsity into the drone ecosystem in India.

According to a PwC analysis published in January 2020, India is the world’s fastest-growing drone market, with sales expected to reach $885 million by 2021. It is also predicted to reach $1,810 million by FY 2026, representing a 14.61 per cent CAGR.

This centre, which is aligned to the government’s Skill India and AtmaNirbhar Bharat initiatives, will upskill and empower drone industry youth. The IG Drones Centre of Excellence (CoE) is an initiative that aims to educate more than 10 million schoolchildren about drone technology. The skill development programmes offered by IG Drones are aimed at making India self-sufficient and ushering in a paradigm change that will see India emerge as the world’s next Drone Manufacturing Hub.

India’s drone industry is catching up to that of other countries and gaining significant traction. According to 6Wresearch, the Indian UAV market is expected to develop at a CAGR of 18% in revenue from 2017 to 23. Recent research by the global market intelligence and advisory firm BIS, also stated that the Indian drone market is expected to reach $1.21 billion by the end of 2021, which got a definite overshoot as per the figures.

As a result, it’s vital to educate Indian youth about drone technology so that they have the knowledge and tools they need. A Center of Excellence is the most effective approach to accomplish this. In addition to offering crucial skills and fostering future-ready skills, the CoE plays an important role in increasing students’ industrial awareness and giving placement opportunities in the same industry. With the introduction of the PLI Incentive and the recent boost for drone usage in agriculture as announced in the 2022 Budget, the sector will undoubtedly see new prospects.

They’re present all over the country, starting from the head office at Delhi and branch offices at Ahmedabad, Mumbai, Bangalore, Kolkata, Assam, Bhubaneswar. Being awarded as the Best Drone Consultant, IG Drones is now the leading service provider in India.

The level of technical exposure available in Vadodara, according to Shree Jagdishbhai D Patel, is “a two-way affair.” To attain industrial excellence, requirements must be channelled. With the help of a partnership or collaboration, we’ll be able to achieve so.

IG Drones CoE – It is an educational arm of India’s leading drone enterprise solution provider, IG Drones headquarters at Delhi. IG Drones COE aims to train and upskill the youth for the future of drone technology to make them industry ready and empower India’s drone ecosystem with advanced drone technology. Creating a drone ecosystem currently, has been set up in different states in partnerships with various skill development wings & Academia’s. IG Drones has offices across 6 locations and has executed 220+ projects across 26+ states in India in 13 different industries.

Saint Capital Fund picks up stake in the company

New Delhi (India), February 1: BSE, NSE & MSE listed BLS International Services Ltd.(BSE: 540073; NSE: BLS; MSE: BLS), is a trusted global tech-enabled services partner for governments and citizens, having an impeccable reputation for setting benchmarks in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa and retail services since 2005.

As per bulk deal data available on NSE, Saint Capital fund picked up 525000 shares at Rs. 217.93 on 27 January 2022.

The company has recently informed the exchanges that the meeting of its Board of Directors will be held on 02 February 2022, where the board will consider and approve unaudited standalone and Consolidated Financial Results for the third quarter nine months ending 31 December 2021. The company also said that the board would consider and declare an interim dividend for the FY 2021-22, if any, and determine the record date for the purpose of the interim dividend.

BLS International Ltd. works with over 46 client governments, including Diplomatic Missions, Embassies &Consulates, and leverages technology and processes that ensure data security. The Company now has an extensive network of more than 12,287 centres globally with a robust strength of over 15,000 employees and associates that provides consular, biometrics and citizen services. BLS has processed over 52 million applications to date globally.

BLS International adheres to ISO 9001:2015 certified for Quality Management Systems; ISO 27001:2013 certified for Information Security Management Systems; ISO 14001:2015 certified for Environmental Management Systems; ISO/ IEC 45001:2018 certified for Occupational Safety and Health; ISO / IEC 20000-1:2011 certified for IT Service Management; ISO 26000:2010 certified for Social Responsibility; ISO 23026:2015 certified for System Engineering and Management Requirements; ISO/IEC 28000:2017 certified for Supply Chain Management System; ISO/IEC 27002: 2013 certified for Management of Information Security; ISO 31000: 2018 certified for Risk Management; ISO 27001:2013 certified for Risk Management of Information.

BLS International is the only listed company in this domain with operations in 66 countries.

February 1: There’s no know who Doesn’t know Dharamik Name in Industry. The name is synonymous with the best strategist in intraday trading. With almost 90% accuracy, the founder and its firm are set to impart knowledge and assist beginners in stock market trading to meet their monetary goals through their new embodiment as AISM- Age Institute of the stock market.

Dharamik has already earned a legacy with bigger and better Services to its 5000 plus active members and handling the accounts of many well-known people in business in Gujarat. It has a potential for 100X more growth for everyone.

Dharamik wants to Bring new things to the table, so they are coming with the new Age Institute of the stock market (AISM) with a complete educational plan that focuses on real-world applications. This institute will upgrade your insight into all aspects of financial trading.

It’s challenging for an amateur in the stock market to grasp the frequent market fluctuations and volatility to turn into a favourable scenario. One requires a piece of proper knowledge, tools, techniques, skills and strategy that will develop an intelligent mind. Dharamik and his firm AISM impart online training for stock market analysis, especially in the intraday stock trading portfolio.

According to Dharamik, “Nothing can stop you from following your passion, and if you work hard towards it, you will definitely succeed.” He is a testimony of this fact. The man has inborn expertise in understanding the stock market playoffs. Despite financial limitations and parental pressure, he took the risk to invest in the stock market. For his outlay, he picked up his college semester fee fund and gave his knowledge a chance to explore. The result was encouraging and gave Dharamik’s career route and goals a tremendous push. From that day, books on the financial / stock market and online resources became a routine. He started his Instagram handle a few years back to share his knowledge with people. His precise analysis earned him thousands of followers looking for advice for their potential investments. In exchange for a share in the profit, Dharamik started handling their accounts. He later conceptualised it into a venture identical to name, wherein he provides online training for stock market analysis by offering memberships to traders. He and his team act as real-time stock trading consultants and give trade signals to thousands of members with almost 90% accuracy.

Dharamik says, “I did have my share of limited backfires in my initial trading days, but that helped me in devising my own strategies and developing myself as a good stock analyst. Today I am at a stage where I am able to achieve maximum profit and growth not only for my firm but for my millions of Instagram followers & enrolled members with the right trades in the market. I believe people should learn how to bypass mistakes in their trading journey, and it’s possible if they learn from the experts.”

With the establishment of AISM, Dharamik is all set to achieve his above-mentioned mission. In the near future, the same will be perceived as a magnificent foray in the stock market industry.

February 01: Wizard Entrepreneur Ziad Abdelnour, an American investment banker, financier, social activist, and author of best-selling books “Start-Up Saboteurs” and “Economic Warfare” was born on December 3, 1960, in Beirut, Lebanon. He hails from an influential familywith his father Khalil Abdelnour being a former MP in the Government of Lebanon in the year 1992-2000 and his fraternal uncle Salem Abdelnour a former financier and MP too in Lebanon’s government during the period (1960 – 1964 and 1972-1992).

Mr. Abdelnour did his primary schooling from a private boarding school in France and further studies in Switzerland. He further graduated from the American University of Beirut with a BS in Science and did his MBA in Finance from the Wharton School of Finance at the University of Pennsylvania.

Even with such a strong background in politics, Mr. Abdelnour moved into finance and trading back in his early twenties. So right after graduation in 1984, ace Entrepreneur Ziad Abdelnour, worked as a junk bond trader under Michael Milken followed by 20 years on Wall Street advising people, structuring highly complicated transactions and investing in the market. This valuable experience made him what he is today.

In the year 2008 Mr. Abdelnour established his own investment and trading company by the name of Blackhawk Partners Inc. Today this company is one of the fastest growing investment companies in the US advising, partnering with and investing along Ultra High Net Worth individuals across the world in project finance, bitcoins and other alternative assets. His influence in the market and the USA has been growing ever since.

Presently Mr. Abdelnour also serves as a chairman of the Board of “Hawkstorm Global”, an elite executive protection firm focusing on High-Net-Worth Personal Security Protection, Asset Protection, Security investigation, Consulting and High-Intensity Conflict Intervention. He is also the founding member of OMV Capital, engaged in financing multimillion real estate and corporate acquisitions on a global basis and the founder & president of the Financial Policy Council (FPC); a nonprofit organization that was created to formulate and promote sound public policy based on the principles of free enterprise and wealth creation as envisioned by the ideals of the American Founding Fathers.

As a successful entrepreneur with years of experience, Ziad Abdelnour has been very actively passing his knowledge to the next generation being an avid writer on wealth creation. For his immense influence in the market, he was awarded as one of the ‘500 most influential CEO in the world’ by Richtopia in 2016 and in the following year as a ‘Global Shaper from the World Economic Forum’ in 2017.

Ziad Abdelnour believes that for any kind of success one must toil hard. There is no shortcut for success. Overnight success is 15 years.

February 01: There is a wave of entrepreneurship in the whole world. Though the biggest ripples are only made by such able entrepreneurs who have worked hard to get where they actually are. Bilal Kazi is one such name. Bilal is the founder and CEO of Gulf Good News which is one the most clicked news websites in the gulf. Gulf Good News has more than 72k followers on instagram. He is also the founder of Bahrain Bloggers Group, a web page solely dedicated for the people to share their content.

The position where Bilal Kazi stands today is a position he has toiled hard for his life. Bilal Kazi studied hotel management and he started his journey in 2013 as a food blogger. The ace entrepreneur who hails from Bahrain, saw great opportunity in the field of marketing in Bahrain, hence he started his career as a Marketer and worked close to many big press and PR firms. He has the experience of working for hundreds of celebrities during his time as marketer. He gradually started his own Marketing Agency and also grew his name in the web space as Blogger and Affiliate Marketing. He had worked throughout India specially for top celebs in Mumbai and Bahrain.

Airing his own wews website was like a dream come true for Bilal and he sees the Gulf Good News as one of the most prominent news sources in the coming future. This is certainly going to be true because looking at the potential of Bilal and his experience in the field of media it can be set for a fact that the content in gulf good news comes after many checkpoints. It is also evident by the number of followers of “gulf good news” on Instagram which is a whooping 72k. If you wish you seek guidance from this Genius Entrepreneur you can follow him on his Instagram where he constantly gives tips and motivation for the young and budding entrepreneurs.

In Lenovo Israel’s gaming academy for Fortnight players, Asif served as the captain of the team as a veteran fighting fox (Fortnite) in 2020

February 01: It is amazing to know and learn about all those individuals who make sure to attain excellence before clinching success. All these individuals and professionals ensure to give in their best and go ahead in attaining massive momentum and success in all that they choose to lay their hands on. Among the many industries rocked by such talented beings, the gaming niche is one which has perhaps seen the maximum rise of such individuals. We couldn’t help but notice the rise of one such extremely passionate and driven professional, gamer, content creator, and entrepreneur named Asif Bezalel, aka Deduction (DED) from Israel.

Over the years, Asif says that it is commendable to notice how the gaming industry has shown incredible signs of growth, which has given rise to many gamers, professionals, entrepreneurs, and content creators like him. Creating great content in the niche can be, however, quite challenging, but when one cracks the code of success and works around offering the “unique” to others, everything becomes possible, says the young talent.

This young guy has always shown his “A-game” in the industry, which is why today he is known as one of the most prominent names in the vast and ever-evolving industry. In 2020, interestingly, Lenovo Israel’s announced the establishment of a gaming academy for Fortnight players. The program was all about inviting players for joining a customized training program, allowing them to become a part of it without any costs and attain personalized training experience for them to turn from being ordinary players to professional ones. In the program, built by the startup Novos (known for developing advanced technologies for training gamers), gamers were invited to compete for a place in the same in a six-week period. The captain of the team was none other than Asif Bezalel, the veteran fighting fox (Fortnight) and a content creator known for creating compelling gaming content on his YouTube channel with currently 241K subscribers.

He says that in entrepreneurship, be it in any industry; one needs to always create something that can add more value to the people and the audiences they serve. This will help them create their unique selling point and also give an edge to them over others in the industry, known for fierce competition. Since the last few years, Asif Bezalel, aka Deduction (DED) (@asif_bezalel), has been creating content and in such a short span has already created a massive fan following for himself across social media, be it on Instagram or YouTube which he credits to his constant efforts and tenacity in the industry.

February 01: Ahmed Mazon is one of the top Training / Coaching influencers in Egypt. He is a personal trainer to many famous individual personalities. He is one of the most renowned fitness models in Egypt. Ahmed was the founder of 5likfit. 5likfit is one of the most known sports clubs in Egypt. He has helped many people to transform into perfect bodies.

He works out up to several clients per day. He is recognized for his expertise in functional training and his commitment to developing and implementing innovative fitness techniques. As a personal trainer, he does one-on-one sessions with workouts. This practice is tied to his emphasis on functional training. Ahmed is serving up body positivity fitness tips. His workout hacks are founded on his bachelor’s of science in athletic training and knowledge as a licensed and certified athletic trainer. The trainer is spreading unique messages about inclusivity and body positivity, and his account is dedicated to answering your burning fitness questions and serving much-needed motivation. Almost without any exception, the most sought after and well-known personal trainers don’t just earn their salaries solely as personal trainers. They can demand $300.00 or more per hour.

Ahmed Mazon was a fitness PRO who turned him into a famous entrepreneur. To learn more about 5likfit, follow @5lik_fit.

Author – Yogesh Mudras, Managing Director, Informa Markets in India 

January 31: The Finance Minister is expected to come with the provisions for economic revival, as the third wave of COVID-19 has gripped the country and added to the dejection of the previous two waves that caused unimaginable losses of lives and livelihoods. The Union Budget 2022-23 should essentially focus on demand generation, job creation, public healthcare, hand-holding Micro, Small and Medium Enterprises (MSMEs) and enabling the economy to regain the lost thrust of ideally double-digit growth.

As Covid-19 has severely impacted the economy in the second consecutive year, it is time for well-thought actions for maximizing the revenue while keeping public expenditure as rational as possible. As the growth drivers, investments should be leveraged by allocating relief packages to key sectors including Housing & Infrastructure, Energy, Agriculture and Food Processing, Pharmaceuticals, Healthcare, Education & Skill Development, Automobile, Tourism, Civil Aviation, Hospitality, Information Technology, Banking, Financial Service and Insurance (BFSI), Financing Growth and Sustainability, Strengthening MSMEs, Supporting Exports, Research & Development (R&D).

The Ease of Doing Business (EoDB) and compliance should be made smoother as India’s pursuit is to maintain its edge as a prominent global economy and further enhance its global positioning. The impact of economic reforms has been most visible on the primary sector (services), where India emerged as the major power in comparatively a new sector like IT & ITeS. It is time for progressive reforms in the agriculture and manufacturing sectors to avail their true potential.

The COVID-19 pandemic has globally impacted lives and livelihoods in an unprecedented manner. As the crisis has global nature, India is severely impacted as well. While the world is self-assured to see a sort of re-set, it is the time for the government and industry to reckon the urgency of figuring out their immediate priorities, including on supporting the MSMEs and Exports, the backbones of the economy. A change in approach is much needed now, before the fundamentals of the world order go into reset mode, there should be the determination to revive the MSMEs and Export Ecosystems to support the much-needed demand factor of the economy. This is the time for proactive collective action to come out of the trying time with a blueprint for the revival of the economy.

Budget 2022 expectations will be in the face of a lot of unprecedented constraints that the government must override to achieve its aim of boosting India’s infrastructure. The government must focus on infrastructure investment and provide a booster dose to the economy. The road to development relies on infrastructure that is undoubtedly the backbone of every economy and is a distinguishing factor between developed and developing nations. India is now about a $3.1 trillion size economy, and it aims to touch the $5 trillion mark by 2025. To achieve this goal, it is necessary to target a double-digit growth which must come from all the sectors – manufacturing, trade, services, agriculture coupled with an increase in export volumes.

India’s travel and tourism industry, among the worst casualties of the Covid-19 pandemic now in its third year, expects the government to announce a raft of incentives and relief measures and increase the budgetary allocation for the tourism ministry in Budget 2022. The industry has asked the government to consider a waiver of e-visa fees for all foreign tourists in the financial year 2022-23 to support a revival of travel and tourism. It also wants tourism earnings to be treated on par with exports. The Travel Agents Association of India has urged the government to adopt a ‘One India, One Tourism’ approach to the industry in the Budget, including a one-tax structure. The industry body said this would require both the central and state governments to work in tandem and agree to move tourism to the concurrent list of the Constitution from being a largely state subject. Such a move will help the sector receive the status of an industry and become more structured.

Low public health expenditure has led to the stage that India’s out-of-pocket expenditure is one of the highest. This amounts to about 63 per cent of total spending on health. The pharmaceutical sector has played a pivotal role in recent times while responding to unprecedented health adversities. Challenges for the sector ranged from allocating Capex, R&D and manufacturing for COVID-related drugs and managing the raw material supply chain, particularly those flowing from abroad. The Pharma industry would be looking for incentives for innovations and affordability. Research-linked incentives can provide the impetus to industry for increasing investment in R&D investment and build the much-needed linkages with academia to co-innovate. Life-saving drugs should be brought down at the lowest rate of GST and “zero-rating” of GST for health care services. The Budget should focus on increasing public spending on healthcare, considering India’s demographics and growing population. The Budget outlay for the healthcare sector should be increased to 2.5 per cent or around Rs 150,000 crore to drive the health sector forward. This will help expand the network while providing affordable healthcare facilities to beneficiaries. The industry also hopes the government will announce incentives in the budget to encourage setting up bulk drug manufacturing units in the country, in addition to scale-up of spending on healthcare.

India’s VC space is growing by leaps and bounds- and there is great enthusiasm among domestic investors to participate in venture funding of start-ups. However, a couple of issues seem to stand in the way of rapid development in this area. The financial services sector is the pillar of the economy. Timely and specific policy measures will go a long way to boost and strengthen this sector while also paving the way for financial inclusion.

The changing world necessitates creating a firmer ground for defeating poverty and inequality and making sustainability the steering force of business and our social action. While imagining a post-pandemic world and coping with transitory challenges, adopting the inclusive and sustainable development framework is much needed. The Union Budget 2022-23 will be defining for India in emerging from the crisis and reassuring its stake to sustainable growth. A balancing act with recognising the growth impetus and inclusiveness would do immensely well for the Indian economy in the short, medium, and even long term. While the fundamentals are still strong and supportive, the right policy measures will decide how India comes out from a crisis in the post-pandemic world.