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India to get face-to-face consultation by international doctor | Express Healthcare, 22 jan 2020
After IMF, another ratings agency places India's GDP growth in 5% bracket | India Today, 22 jan 2020
Indian businesses most likely to have 'high impact' of cybersecurity incidents | Deccan Chronicle, 22 jan 2020
India should induct new ways in Education to tackle Sustainability and Climate Issues: UNESCO | Campus Varta, 21 jan 2020
Next problem for Indian economy: Fuel shortage for domestic shipping | ThePrint, 21 jan 2020
Guaranteeing healthcare, the Brazilian way | The Hindu, 20 jan 2020
Why it is critical to transforming Indian agriculture | Financial Express, 19 jan 2020
Open up your education system, India told | Times Higher Education, 17 jan 2020
Need To Rethink Higher Education In India | Entrepreneur, 16 jan 2020
Young India is demanding better healthcare | The Times of India, 16 jan 2020
Policy & Governance
Mohammad Anas Wahaj | 17 jan 2020
Team of researchers led by Prof. Saptarshi Ghosh of Indian Institute of Technology Kharagpur have developed an AI-based (Artificial Intelligence) system to automate reading of legal case judgements. Although in countries like US, Britain, Japan, Singapore and Australia, AI is utlilized for legal research, review documents during litigation and conduct due diligence, analyse contracts to determine whether they meet pre-determined criteria, and to even predict case outcomes. But this research can become pioneering in Indian context as AI use in legal field is just taking off. India follows a Common Law system that prioritises the doctrine of legal precedent over statutory law, and where legal documents are often written in an unstructured way. The paper, 'Identification of Rhetorical Roles of Sentences in Indian Legal Judgments', based on the research received 'Best Paper Award' at JURIX 2019, the International Conference on Legal Knowledge and Information Systems, at Madrid. Other researchers in the project are - Paheli Bhattacharya (IIT Kharagpur), Kripabandhu Ghosh (Tata Research Development and Design Centre, Pune), Shounak Paul (IIT Kharagpur), Adam Wyner (Swansea University, UK). Prof. Ghosh says, 'Taking 50 judgments from the Supreme Court of India, we segmented these by first labelling sentences...then performing extensive analysis of the human-assigned labels and developing a high quality gold standard corpus to train the machine to carry out the task. We are trying to build an AI system which can give guidance to the common man about which laws are being violated in a given situation, or if there is merit in taking a particular situation to court, so that legal costs can be minimised.' The neural methods used by the team enables automatic learning of the features, given sufficient amount of data, and can be used across multiple legal domains. This method can help in several downstream tasks such as summarization of legal judgments, legal search, case law analysis, and other functions. Read on...
IIT Kharagpur develops AI-powered tech for reading legal cases
Mohammad Anas Wahaj | 28 dec 2019
According to nseinfobase.com, CSR spends of Indian corporates have increased 17.2% to Rs. 11867.2 crore in FY19 from Rs. 10128.3 in FY18. This is the highest spend since FY15 (Rs. 6552.5 crore), when the CSR spend was made mandatory through Companies Act 2013. It is observed that corporates are increasingly using their CSR spends on charitable contributions. The highest amount of Rs. 4406 crore were for schedule VII (II) that focuses on education. The next big spend was Rs. 3206.5 crore under VII (I) for eradicating hunger, poverty, malnutrition and promoting health and hygiene. Rural development got Rs. 1319 crore and remaining went for projects that include environment protection, benefits to the armed forces, disaster management etc. From geographical point of view Maharashtra and Gujarat were at the top to get contributions while Bihar and North-East states got the least CSR funds. Experts say that large spends have also seemed to have prompted closer attention to how the money is spent. Amit Tandon, founder and MD of Institutional Investor Advisory Services India (IiAS), says, 'There are more and more companies who are doing impact assessment...people recognise the need to do it.' Pranav Haldea, MD at Prime Database, says, 'Low CSR budget could act as a constraint for some companies to adopt monitoring mechanisms. It may only make sense for firms with very large budgets. Smaller companies may find it too expensive to employ an agency for external audits on a regular basis.' Read on...
Companies spent Rs 11,867 cr on CSR activities in FY19; highest so far
Author: Sachin P. Mampatta
Mohammad Anas Wahaj | 25 dec 2019
Social enterprises can become an important pillar of Indian economy just like corporations and businesses. India has more than two million social enterprises that include nonprofits, for-profits and hybrid models. According to a McKinsey study, 'impact investors' in India poured a total of US$ 5.2 billion between 2010 and 2016, with substantial focus on sectors like financial inclusion and clean energy. A survey conducted by Brookings India found that 57% of the social enterprises identify access to debt and equity as a barrier to growth and sustainability. In the budget Indian government proposed a social stock exchange (SSE) to list social enterprises and voluntary organisations. Suresh K. Krishna, MD and CEO, and Geet Kalra, portfolio associate, at Yunus Social Business Fund, explain what benefits this social stock exchange will bring to the social enterprise ecosystem and suggest that careful planning is needed in designing it. They explain, 'SEBI (Securities and Exchange Board of India) set up its working committee on SSEs on September 19, however, many experts have already proposed distilling learnings from those of other countries. Some of these exchanges are either information sites, like in the case of the London Stock Exchange, or list nonprofit projects only. Canada's Social Venture Connexion (SVC) and Singapore's Impact Investment exchange are more advanced in terms of accreditation, valuation and monitoring, whereas the Brazilian model didn't use such valuations at all. While formulating a similar product for India, we need to have an extensive as well as 'cautious' approach. There is no consensus in the wider social impact community about what is and isn't a social enterprise, therefore the definition itself first needs more objectivity...Once we have a shared frame of reference in place, we can design impact valuation parameters for social enterprises based on social and environmental mission, target beneficiaries, service delivery, stakeholder involvement, and impact measurement.' SSE listing will provide visibility to social enterprises and assist in attracting funds in the form of private equity and debt. Listing debt products on the SSE would encourage banks, NBFCs (Non-Banking Financial Company) and other investors to participate in the growth of social enterprises and enhancing their impact. Moreover, SSE impact valuation will encourage development of more innovative financial products. SME exchanges operated by BSE and NSE can also provide valuable learning in effectively designing SSE. Mr. Krishna and Mr. Kalra suggest, 'For a social stock exchange to meet its intended objectives, we need to take measures such as: educating market participants about the valuation metrics weighing both on social and financial returns; amplifying the efforts of creating and supporting social businesses; bringing policy and regulatory reforms to support investors, and facilitating research and development for small social enterprises.' Read on...
A social stock exchange will help in raising capital
Authors: Suresh K. Krishna, Geet Kalra
Mohammad Anas Wahaj | 07 nov 2019
Human health is closely linked to the condition of the surrounding environment. According to the National Health Report (NHP) released on 31 October 2019, a degraded environment filled with air and water pollution continues to affect health of people in India. Air pollution-linked acute respiratory infections contributed 68.47% to the morbidity burden in the country and also to highest mortality rate after pneumonia. While contaminated drinking water caused acute diarrhoeal diseases that led to second highest morbidity at 21.83%. Moreover, cholera cases went up to 651 in 2018 from 508 in 2017. While releasing the 14th National Health Profile 2019, Dr. Harsh Vardhan (Union Minister of Health and Family Welfare, Govt. of India), said, 'Data helps us to navigate health needs and issues, and helps devise area specific programme strategies.' But despite the increasing burden of diseases in the country, the budgetary allowance for controlling diseases has been steadily dipping in the last few years, says the report. According to 2017-18 budget estimates, India spends only 1.28% of its GDP as public expenditure on health. The NHP report pointed out that per capita public expenditure on health has gone up to Rs 1657 in 2017-18 from Rs 621 in 2009-10. While states are bearing 63% of this expenditure, out of pocket expenditure by the patients are not included in this estimate, which is known to be the biggest reason behind increasing debt in the population. Read on...
Diseases linked to a degraded environment continue to ravage India
Author: Vibha Varshney
Mohammad Anas Wahaj | 08 oct 2019
Agriculture is one of the critical sectors of Indian economy as it employs about 50% of the working population and contributes 15-16% to GDP. Even though government policies are designed to make the sector benficial for those engaged in it, but the media is full of news describing the ailing condition of India's agriculture at the ground. Can entrepreneurs, full of ideas and working zeal, coupled with effectiveness and efficiencies of technology, become harbingers of change and transform the condition of not only the farms and their produce, but also the farmers and all other hard working people employed in the sector. Abhishek Agarwal, co-founder of TechnifyBiz, suggests that agri-tech entrepreneurs can tackle some of the problems of Indian agriculture and help grow the sector. He cites following issues - Depleted ground-water, low-quality seeds and ravaged soil quality due to over-use of chemicals; Lack of market linkage creates a considerable gap in the industry; Inadeguate transporation and storage; Scarcity of credit and high lending rates. He suggests that agri-startups can assist in standardization of agri-market practices through technology, aggregation and organized marketing. According to NASSCOM, sector had secured a funding of US$ 73 million in 2018. The agri-tech industry has been able to raise financing of over US$ 248 million till June 2019. Accenture says that digital agricultural services market is set to touch US$ 4.55 billion by 2020. Mr. Agarwal explains, 'Market linkage, farmer markets in the digital space, superior database management, digital agriculture and micro-financing are gaining in popularity, making the sector conducive to attract funding.' Agri-startups are encompassing both the production and after-harvest side of agriculture. He says, 'The various areas of improvement, like the reduction of input costs, better nutritional value in food crops, better quality seeds that drive crop production and improving soil quality. Using technology to predict weather patterns, irrigation cycles and soil quality are the focus of some startups. This enhances the quality of production...The use of smart technology and superior logistics infrastructure has created a new eco-system of agri-marketing. New-age startups are leveraging technology to tap the retail as well as B2B marketplaces through digital agronomy startups.' Read on...
Mohammad Anas Wahaj | 07 sep 2019
Trust between patients and care givers is one of the critical factors in determining success of healthcare system. And trust develops over a period of time through positive experiences that are achieved by providing quality care at the right time, effectively and efficiently at the right price. But, it seems, India's healthcare is lacking behind in satisfactory healthcare delivery. According to the recent report by Ernst & Young (EY) and Federation of Indian Chambers of Commerce and Industry (FICCI), 'Re-engineering Indian Healthcare 2.0', based on an online survey of 1000 patients across six geographical zones in India, 'There is a growing mistrust among patients against healthcare providers and the Indian healthcare system needs to tailor its current model for inclusion and mass healthcare to deliver true care with a focus on primary care, wellness and health outcomes.' The report finds that - 61% patients believe that hospitals did not act in their best interests; 63% of patients indicated that they were not happy with hospital responsiveness and waiting times; 59% patients felt the hospitals were not concerned about feedback and do not actively seek it. Kaivaan Movdawalla, Partner at EY India (Healthcare), says, 'For realising the aspired levels of efficiency, it is imperative for healthcare providers to shift from an incremental performance plus approach to a radical design to cost or direct-to-consumer approach for redesigning their operating models and cost structures.' Dr. Arvind Lal, Chair at FICCI Healthservices Committee and CMD of Dr Lal PathLabs, says, 'There is an urgent need to bridge the 'trust deficit' between the patient and the doctor; patient and the hospital; as well as government and the private healthcare provider for the Health of the Indian Healthcare.' EY recommends a '5E Framework' for building trust across all principal stakeholders, that is, policymakers, healthcare providers, payors and the public. This framework comprises integrating empathy, efficiency, empowerment, ease and environment to achieve the agenda of universal health access and the right to health. Read on...
Most patients are dissatisfied with India's healthcare system, says EY-FICCI report
Author: P. B. Jayakumar
Mohammad Anas Wahaj | 22 jul 2019
Even though India has achieved success consistently in agriculture sector through policy and reforms, but there is still a lot to be desired. Farmer suicides and droughts become headline news from time to time. Ken Ash, Director of Trade & Agriculture at OECD (Organisation for Economic Co-operation and Development), and Silvia Sorescu, Policy Analyst at OECD, provides an overview of India's state of agriculture and what needs to be done to tap opportunities. According to them, many smallholders have not been able to exploit the opportunities opening up to them; they remain hampered by low productivity, an under-developed food processing and retail sector, and water and environmental degradation. They explain that India faces 'triple challenge' in the agricultural sector similar to other countries - delivering safe and nutritious food to a growing population at affordable prices; providing a livelihood for farmers and others in the food chain; and overcoming severe resource and climate pressures. According to the OECD and the Indian Council for Research on International Economic Relations (ICRIER) report in the Agricultural Policies in India 2018 study and the 2019 OECD Agricultural Policy Monitoring and Evaluation, India's domestic and trade policies (like restrictions due to agri-marketing regulations, export restrictions, huge farm subsidies for farm inputs etc) have combined to reduce Indian farm revenue by an estimated 5.7% in the past three years. Moreover, funding for public services - such as physical infrastructure, inspection, research & development, and education and skills - that are essential to enable the long-term productivity and sustainability of the sector has not kept pace. India can draw lessons from Ashok Gulati's analysis of farm policy developments in China, and also from EU's (European Union) agricultural policy reform experiences. Persistence is critical for the success in the sector. Electronic National Agricultural Market (eNAM), the 2017 marketing model act, and the recently implemented direct cash transfers scheme to small-scale farmers, are steps in the right direction. Authors suggest, 'Scarce financial resources should be directed towards investment in public services that enable a productive, sustainable, and resilient food and agriculture sector. Doing so would require strengthening the institutional framework; eliminating duplication and fragmentation is a pre-requisite to ensuring coherent policy packages are developed and consistently implemented. Achieving the Sustainable Development Goals and addressing the 'triple challenge' will require new policy directions in India, as elsewhere.' Read on...
Mohammad Anas Wahaj | 22 may 2019
India's CSR legislation is a step in the right direction and is globally praised. Recently, 47 participants from 33 global multinational companies that are associated with WBCSD (World Business Council for Sustainable Development) visited India to learn about sustainable businesses. WBCSD Leadership Program is a year-long series of engagements and learning exercises in partnership with Yale University. Rodney Irwin, Managing Director of WBCSD's Redefining Value and Education program, says, 'The legislation asking large companies to spend 2% of their profit on corporate social responsibility (CSR) is appreciable, but large companies should not stop there. These large firms should look at making their businesses sustainable by integrating the concept of environmental, social and governance advantages into the core business.' He advocated the need for integrating sustainable approach to doing businesses along with maintaining profitability. He adds, 'In long-run, profitability can be greater if you embrace opportunities that accompany sustainable approach.' Since a number of large Indian companies are family-owned, he says, 'The companies that have family connections tend to not just make the businesses successful but they want to make sure that the business can be passed on to the next generation. They have a long-term vision.' Read on...
Mohammad Anas Wahaj | 07 apr 2019
Biotechnology is expected to be the next big thing for the Indian economy, just like the IT industry has been, explains Amit Kapoor, President & CEO of India Council on Competitiveness and Honorary Chairman at Institute for Competitiveness. According to him, '...biotechnology industry seemed poised to take over the mantle. In the span of a decade beginning in 2007, the industry has grown exponentially in size from about US$ 2 billion to over US$ 11 billion in terms of revenue. By 2025, it is targeted to touch US$ 100 billion.' In the past, both Green Revolution (agricultural transformation) and White Revolution (dairy sector transformation) became successful because of the contributions from biotechnology. At present India's rising competitiveness in pharmaceuticals is also the result of biotechnological advancements and research. Moreover, energy needs of rural areas are also met by biomass fuel, produced through application of biotechnology. Mr. Kapoor explains evolution of biotechnology in India, 'As early as 1986, Rajiv Gandhi, recognising the potential of biotechnology in the country's development, set up the Department of Biotechnology...Department of Biotechnology has set up 17 Centres of Excellence at higher education institutions across the country and has supported the establishment of eight biotechnology parks across different cities...Biotechnology Industry Research Assistance Council (BIRAC) in 2012, which has successfully supported 316 start-ups in its six years of existence...As of 2016, India had over a thousand biotechnology start-ups.' According to Mr. Kapoor, the sector faces many challenges and they need to be addressed effectively and promptly - (1) India's research and development expenditure is quite low at 0.67% of GDP, not only compared to mature biotechnology economies such as Japan and the US (around 3%) but also in comparison to emerging economies like China (around 2%). (2) Specific to the biotech pharmaceutical sector, there are a few India-specific challenges with the country's IP regime. There are two main areas of contention for the industry in India's approach to intellectual property. The first issue lies in Section 3(d) of the Patents (Amendment) Act, 2005, which sets a higher standard for patentability than mandated by TRIPS. The industry argues that India's stricter standards for patents discourages innovation and dampens foreign investment. The second issue is that of compulsory licensing, which gives the government power to suspend a patent in times of health emergencies. Although India has used this option only once, the industry feels that such regulations keep investors clear of Indian markets. (3) Another challenge lies in the risk involved in the Valley of Death, that is, the risk of failure in the transition of innovative products and services from discovery to marketisation. Most of the early research funding, often provided by universities or the government, runs out before the marketisation phase, the funding for which is mostly provided by venture capitalists. It becomes difficult to attract further capital between these two stages because a developing technology may seem promising, but it is often too early to validate its commercial potential. This gap has a huge impact in commercialisation of innovative ideas. Read on...
The Economic Times:
Why biotechnology can be Indian economy's next success story
Author: Amit Kapoor
Mohammad Anas Wahaj | 06 apr 2019
India is a diverse economy with a large population size. The availability of correct data is a challenge. But there are reliable and free sources that contain datasets and data visualisations of the Indian economic scenario that can be utilized by data scientists - (1) NITI Aayog (Salary Expenditure): It is part of data.gov.in website. An expense or expenditure made to the employees for their work in terms of salary is known as Salary expenditure. It is an outflow of money from the Government for different services. The Data contains Actual, Pre-actual and Budgeted Expenditure for Salary expenditure, total expenditure, Revenue Expenditure, Salary expenditure as percentage of revenue expenditure (net of IP & Pension) and Salary expenditure as percentage of total expenditure of states & union territories. (2) Open Budgets India (openbudgetsindia.org): The portal provides budget information of different tiers of government in India (Union Budget, State Budgets, and Budgets of several Municipal Corporations across the country) in accessible and open (non-proprietary) formats. The four major features of the portal, as of now (in the beta version), are - Budget documents (i.e. the original PDF documents); Machine Readable Datasets (for those budget documents, where it was technically feasible to prepare machine readable datasets); Visualizations (or infographics) generated from the machine readable datasets; and Budget basics (for greater familiarity with budget concepts, processes and documents). The portal includes twelve broad sectors that represent Union and State Budget expenditure on both Economic Services and Social Services. It has 10.6k datasets from 509 budget sources. (3) Ministry Of Statistics (Indian Income Tax): It is part of data.gov.in website. The data refers to details on receipts under income tax from 2000-01 to 2011-12 in head of account such as Minor Head-Other Receipts, Minor Head-Surcharge, Penalties, Interest Recoveries, Primary Education Cess, Secondary and Higher Education Cess. (4) NITI Aayog (Manufacturing GDP): It is part of data.gov.in website. The data refers to information on contribution to manufacturing GDP in the 11th Five-Year Plan and employment in 2009-10 in different segments of the manufacturing sector. It projects employment in 2016-17 and 2024-25 in different segments of manufacturing in two different scenarios. (5) Ministry Of Finance (Statistical Appendix): It is part of the Economic Survey. Website is mofapp.nic.in:8080/economicsurvey. Includes Economic Survey 2017-18 and previous ones. The Statistical Appendix has following sections along with their sub-sections - National Income and Production; Budgetary Transactions; Employment; Monetary Trends; Prices; Balance of Payments; Foreign Trade; External Assistance; Human Development Indicators. Data files can be downloaded in Excel and PDF formats. (6) Ministry of Finance - Department Of Economic Affairs (Trade Balance Of India): It is part of data.gov.in website. The trade balance is the difference between the monetary value of exports and imports of output in an economy. It is one of the most important macroeconomic parameter. Data contains Exports, Imports and Trade Balance of India (in Rs Crore and US$ Million) from 1949-50. It also contains the percentage rate of change of exports as well as imports with respect to the previous year. The data has been provided by Department of Economic Affairs. (7) The World Bank (data.worldbank.org/country/india): Includes time series data on variety of topics like GDP, Population, School Enrolment, CO2 Emissions etc. DataBank is an analysis and visualization tool. (8) IMF DATA (data.imf.org): It provides access to macroeconomic and financial data. Asia and Pacific Regional Economic Outlook (APDREO) provides information on recent economic developments and prospects for countries in Asia and Pacific. India is included in this region. Read on...
Analytics India Magazine:
8 Free Resources On Indian Economy You Can Use For Your Data Science Projects
Author: Ram Sagar
Mohammad Anas Wahaj | 28 feb 2019
Companies Act of 2014 made India the first country that made CSR (Corporate Social Responsibility) mandatory for a section of corporates. The companies were expected to integrate social development programs into their business models and culture. KPMG's 2018-19 report that analyzed the CSR work of 100 companies found that corporates increased their prescribed amount for CSR expenditure from Rs 5779.7 crore in 2014-15 to Rs 7096.9 crore in 2017-18. Moreover, they were actually spending more than what was prescribed (Rs 4708 crore in 2014-15; Rs 7424 crore in 2017-18. But India's most backward districts remain deprived these CSR funds. According to the Ministry of Rural Development, 115 of the 718 districts in India are backward. NITI Aayog suggests that corporates can contribute to the development of these districts. Jharkhand (19 districts, 1% CSR funds received); Bihar (13, 2%); Chhattisgarh (10, 1%); Madhya Pradesh (8, 3%); Odisha (8, 11%). While Maharashtra, Rajasthan, Gujarat, Karnataka and Andhra Pradesh, which account for only 15% of such districts, have received 60% of the CSR money. The most backward districts got only 13% of this year's funds and not more than 25% of the total projects. Companies have found convenient ways to direct their CSR funds and shrug off their social responsibility. In July 2018, 272 companies were served notices by the Registrar of Companies for non-compliance with CSR expenditure. Between July 2016 and March 2017, about 1018 companies were issued notices for non-compliance. KPMG has identified three principal areas of non-compliance - disclosure of direct and overhead expenditure on projects, details of overhead expenses, and keeping these overhead expenses below 5% of total CSR spends. Sujit Kumar Singh, senior program manager at Centre for Science and Environment (CSE), says, 'There is no data to know if companies are undertaking need-based assessment studies, a must since it prioritises the requirements of the impacted communities.' Mr. Singh adds, '...Often, professionals handling CSR are not trained to comprehend societal nuances. In most cases those heading the human resource department handle CSR activities. The need now is a policy which drive companies towards self-regulation, the key to CSR.' According to the reporting guidelines that CSE has prepared, 'Companies should self-regulate and be responsive to the disadvantaged, vulnerable and marginalised sections of society. They should respect and promote human rights, make efforts to protect and restore the environment, and support inclusive growth and equitable development. The guidelines show how to improve accountability and transparency in CSR spending, and make it an integral part of business.' Read on...
Indian firms' CSR spending needs more accountability and transparency
Author: Vikrant Wankhede
Mohammad Anas Wahaj | 08 feb 2019
India's 'Development Agenda' as outlined by current government includes development of 100 smart cities, 40 million dwelling units, 20 million affordable homes, better infrastructure facilities through the AMRUT scheme, focus on urban development and transformation, slum rehabilitation, and 'Housing for All' by 2022. It is estimated that to fulfil this agenda there is requirement of 75 million skilled people in real estate and infrastructure. Moreover, according to reports there is need of 4 million core professionals (architects, engineers, planners). Shubika Bilkha, Business Head at The Real Estate Management Institute (REMI), explains the key aspects that architectural graduates and planners should keep in while building their skill set in evolving environment - (1) Be Multifaceted: Take advantage of a number of roles- from design architecture, structural or liaisoning architects, to urban planning, property development, sustainable development, teaching or getting involved with disaster relief/re-building communities. Require skills such as engineering, design, supervisory skills, managing people/teams/vendors/client expectations, an understanding of key building/designing/construction/smart technology, strong communication and persuasion skills to communicate their vision. Have much larger role and bigger scope getting involved from pre-design services, to cost analysis and land-use studies, feasibility reports, environment studies to developing the final construction plans etc. (2) Be Business Minded: Understand key real estate and planning concepts and calculations, municipal and local development regulations, legal limitations, the social and urban infrastructure, fundraising/financing and the evolving policy framework. (3) Be Responsible: Consider social and environmental impact of the recommendations. Understand sustainability and implement it effectively. Read on...
Mohammad Anas Wahaj | 08 jan 2019
According to the 'Global Highly-Cited Researchers 2018 List' by Clarivate Analytics, India has only 10 researchers among the world's 4000 most influential researchers. Even though India has many globally renowned institutions, but it lacks breakthrough research output. Top three countries in the list are - US (2639), UK (546), China (482). Prof. CNR Rao, world renowned chemist from Jawaharlal Nehru Centre for Advanced Sciences and named in the list, says, 'About 15 years ago, China and India were at the same level, but China today contributes to 15-16% of the science output in the world, while we currently contribute only 4%.' Prof. Dinesh Mohan, environmental science academic at JNU and included in the list, says, 'Areas such as climate change, water and energy are areas where research is more relevant nowadays. Where you publish your work is also important for impact.' Dr. Avnish Agarwal, also named in the list, says, 'We need to improve our research ecosystem...There is a lack of focus on quality research in Indian academia. If teachers do not do high-quality research, they will not be updated with new developments.' Others in the list are - Dr. Rajeev Varshney (Agriculture researcher at International Crops Research Institute for the Semi-Arid Tropics-ICRISAT); Dr. Ashok Pandey (Researcher at the Indian Institute of Toxicology Research); Dr. Alok Mittal and Dr. Jyoti Mittal (Researchers in environmental science, water treatment, green chemistry and chemical kinetics at the Maulana Azad National Institute of Technology); Dr. Rajnish Kumar (Researcher and professor at IIT Madras's Department of Chemical Engineering); Dr. Sanjeeb Sahoo (Researcher in nanotechnology at the Institute of Life Sciences); Dr. Sakthivel Rathinaswamy (Professor and researcher in Applied and Computational Mathematics at Bharathiar University). Read on...
ONLY 10 AMONG THE WORLD'S TOP 4000 INFLUENTIAL RESEARCHERS ARE INDIAN: REPORT
Mohammad Anas Wahaj | 31 dec 2018
In India there are central government run healthcare institutions, public state run institutions and private medical colleges that provide modern healthcare education mainly the four year degree MBBS and after that post-graduate degrees of MS and MD. India also have a number of institutions that provide degrees in other healthcare systems like Ayurveda (BAMS), Unani-Greek (BUMS), Homoeopathy (BHMS), Naturopathy etc. Moreover, there are vocational training institutes that provide skills and courses to develop other medical staff like nurses, health assistants etc. There are also corporate run and other private medical colleges and universities and training institutes. India's healthcare facilities are generally concentrated in urban areas while rural areas are generally served by public hospitals and centers. Private clinics are also present in both rural and urban areas. They are generally run by a single doctor or doctor couple and provide basic healthcare. Diagnostic centers are spread all over due to technological advancements and compact and affordable equipments. Healthcare has major disparities between urban and rural areas when it comes to healthcare access. Healthcare has become one of India's largest sectors - both in terms of revenue and employment. The industry comprises public and private hospitals, pharmaceutical companies, pathology and diagnostics, medical devices industry, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The public sector constitutes primary health centers, central research centers and hospitals, state-run research institutes and hospitals etc. The private sector provides majority of secondary, tertiary and quaternary care institutions with a major concentration in metros, tier-I and tier-II cities. According to National Family Health Survey-3, the private medical sector remains the primary source of health care for 70% of households in urban areas and 63% of households in rural areas. Rise of technology is creating new business models in the healthcare industry. Healthcare through smart phones and fitness trackers is new trend. Information technology is automating and streamlining various healthcare processes. Big data is creating new ways of improving healthcare delivery. Startups in India are promising to provide best healthcare at affordable cost more effectively. Latest healthcare equipment is not only imported but also manufactured in India. Digital technologies are enhancing every aspect of healthcare. Technology solutions are able to modernise current medical practices, reduce costs, eliminate any duplication of tests as well as streamline processes and update medical records in real time. Modern technology has great potential to increase access of healthcare services in rural communities, especially the ones where there is serious shortage of doctors. India has demonstrated since long a commitment to offer comprehensive healthcare to all citizens. This has been reaffirmed in the 12th Five-year Plan, National Health Assurance Mission, and more recently through Ayushman Bharat Program. However, the challenges remain and this goal has not been achieved as of yet. There are two critical components of successful healthcare systems. One is the financial aspects whereby citizens are protected against any eventuality and don't get into penury due to health spending. Second is the provision and delivery of healthcare services. It is imperative to ensure that healthcare infrastructure is sufficiently equipped to provide effective healthcare when needed by its citizens. Technology, public-private partnerships, access and affordability are the critical component in the future of India's healthcare. Better healthcare with policy, financial and physical framework will bring long-term benefits to the nation. Develop effective mechanisms to improve general health, and disease prevention strategies through campaigns, advocacy etc. To make India's citizens more aware about their health, inculcate better sanitization and cleanliness habits will help to improve overall health of India. Prevention before cure becomes the key for the country with the size and demographic profile like India. Health aware citizens, trained, sensitive and caring medical staff, cutting edge technologies and modern infrastructure, are the golden elements for a healthy future of India. Read on...
Mohammad Anas Wahaj | 17 dec 2018
India is adopting emerging technologies and its future progress will be defined by their effective utilization. A recent study by Cisco and IDC suggests that globally the net job addition in new technologies will be more than 5.9 million by 2027 out of which 1.4 million will be in India. India is building its capacities in Artificial Intelligence (AI) and Internet of Things (IoT). Government has special focus on AI, as between mid 2017 and early 2018, the government constituted two AI Task Forces, first under the Ministry of Commerce and the second under the Ministry of Defence. The Ministry of Information Technology has also set up four committees to encourage research in the field. Niti Aayog has also published the National Strategy for Artificial Intelligence. Similarly, efforts have been underway by goverment to promote the development and adoption of IoT since 2016 with the release of a draft policy on IOT by MeitY. Private sector too has made massive investments in IoT. Another technology that India has to focus on is Data Science as it has enormous potential in promoting development and humanitarian efforts. Data Science has the capability to provide effective solutions to problems faced by the developing world. It can significantly make an impact in decision and policy making. India has to understand the advantages of using Data Science to complement policy efforts and exploit its potential accordingly. Read on...
Mohammad Anas Wahaj | 13 oct 2018
Indian corporates that fulfil the conditions of Section 135 of the Companies Act 2013 relating to mandatory spending of 2% of last 3 years average profit on CSR are making a difference in vulnerable communities in India. According to the latest India CSR Outlook Report published by NGOBOX, Reliance Industries, HDFC Bank, Wipro, Tata Steel, NTPC, Indian Oil Corporation & ONGC spent more than their prescribed CSR budgets in FY 2017-18. The report analyzed CSR spends of 359 companies. The prescribed CSR budget of these 359 companies was Rs 9543.51 crore whereas the actual CSR spend was Rs 8875.93 crore (3/4th of total CSR spend in India). There is an increase in the prescribed CSR from 6% to 8% in the actual CSR spend from FY 16-17 and the number of projects have also increased by 25% from the previous year. REPORT HIGHLIGHTS: Maharashtra, Karnataka and Gujarat together received over 1/4th of India's total CSR fund. North-eastern states of Nagaland, Meghalaya, Mizoram and Tripura have received least funds; Public sector contribution is over 1/4th of the total; Oil, refinery and petrochemicals account for alsmost 1/4th of the total while healthcare and pharma contributes the least with just Rs 294 crore; CSR funding on education and skill increased by 50% from last year and is 1/3rd of the total CSR spend; Over 1/4th is spend on WASH (Water, Sanitation and Hygiene) and healthcare projects. Read on...
Corporates spend 50% CSR funds in education, skill development: Report
Author: Sonal Khetarpal
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