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Archive: December 31, 2024

2024 Year Ender: Celebrities Who Welcomed Babies This Year

2024 was a year of motherhood celebrations in the entertainment world, with stars embracing this beautiful journey in the most heartwarming ways. From double blessings to playful announcements, their joyful moments were filled with love and creativity. Heartfelt rituals, touching videos, and thoughtful social media posts captured the magic of new beginnings. Here are the actresses who shared their motherhood news with fans.


Drashti Dhami:Drashti Dhami, the beloved Madhubala of Indian television and reigning queen of the small screen, has embarked on a beautiful new journey of parenthood. On October 22, 2024, she and her husband, Niraj Khemka, welcomed their precious baby girl, filling their lives with boundless love and joy. Last seen captivating audiences in Duranga as Ira Jaykar Patel, Drashti continues to shine both on-screen and off-screen.

Devoleena Bhattacharjee:Devoleena Bhattacharjee, who was last seen as Chhathi Maiyya in Sun Neo’s Chhathi Maiyya Ki Bitiya on Sun Neo, stepped away from the show in October due to her pregnancy. On December 15, 2024, the actress joyfully confirmed the news, putting months of speculation to rest. Devoleena shared pictures from a traditional panchamrit ritual, celebrating her journey to motherhood. In her heartfelt post, she described this new phase as the “most beautiful chapter” of her life.

Yuvika Chaudhary:Yuvika Chaudhary and Prince Narula delighted their fans with the heartwarming news of their pregnancy on June 25, 2024. The couple shared a joint post on social media that included a heartfelt note and a symbolic image—a red toy car placed beside Prince’s car, hinting at the arrival of their little one. Prince’s caption, “baby aane wala hai jald” (baby is coming soon), captured their excitement and anticipation, resonating with their fans and well-wishers.

 

Shraddha Arya:Shraddha Arya, beloved for her portrayal of Preeta in Zee TV’s Kundali Bhagya, embraced motherhood with the arrival of her twins on November 29, 2024. The actress and her husband, Rahul Nagal, were overjoyed to welcome their “two little bundles of joy”—a boy and a girl. Shraddha shared the happy news on social media with a heartwarming video. In the clip, she is seen holding her newborns, followed by a delightful shot of two sets of balloons, one reading “It’s a boy” and the other “It’s a girl.”

Ruhi Chaturvedi:Ruhi Chaturvedi, widely recognized for her portrayal of Sherlyn Khurana in Kundali Bhagya, is set to embrace motherhood for the first time. On November 11, 2024, Ruhi shared the joyous news on Instagram with a heartfelt video that melted hearts. The clip featured her husband, Shivendraa Om Saainiyol, lovingly kissing her baby bump—a touching moment made even more special as it coincided with Shivendraa’s birthday.

Why pancreatic cancer goes unnoticed: Here’s how you can control risk factors

By Dr. Raj Nagarkar, Managing Director and Chief of Surgical Oncology and Robotic Services, HCG Manavata Cancer Centre, Nashik

Our lifestyle choices have a profound impact on our overall health, influencing everything from heart health to cancer risks. Among the more challenging cancers to detect is pancreatic cancer, a disease that often progresses without noticeable symptoms until it reaches advanced stages. Understanding the risk factors and taking proactive steps can significantly reduce the chances of developing this aggressive form of cancer.

Pancreatic cancer is a formidable disease that originates in the tissues of the pancreas, an organ situated behind the stomach responsible for aiding digestion and regulating blood sugar levels. This type of cancer is particularly aggressive, often progressing silently until it reaches advanced stages, making early detection challenging. The subtlety of its initial symptoms, such as mild abdominal discomfort, unintended weight loss, or jaundice, frequently leads to misdiagnoses or delayed medical consultations. Consequently, many individuals are diagnosed only when the disease has significantly advanced, complicating treatment options.

Cause of pancreatic cancer
Several factors contribute to the development of pancreatic cancer, with lifestyle choices playing a significant role. High-fat diets, especially those rich in saturated fats from processed meats, fried foods, and full-fat dairy products, can promote chronic inflammation, a known precursor to tumor formation. Additionally, diets high in refined sugars and carbohydrates, such as sugary beverages, pastries, and white bread, can lead to insulin resistance, diabetes, and obesity, all of which elevate the risk of pancreatic cancer. Excessive alcohol consumption is another critical factor, as it can cause chronic pancreatitis, an inflammation of the pancreas that increases cancer risk over time. Tobacco use, including smoking and chewing tobacco, introduces carcinogens into the bloodstream, doubling the likelihood of developing pancreatic cancer compared to non-smokers.

Prevention of pancreatic cancer
Preventing pancreatic cancer largely involves addressing modifiable risk factors through lifestyle changes. A balanced diet, rich in fruits, vegetables, whole grains, and lean proteins, helps reduce chronic inflammation, a precursor to cancer. These foods also provide antioxidants and fiber, promoting overall health and protecting the pancreas. Limiting processed, high-fat foods, particularly those rich in saturated fats from red meats, fried foods, and full-fat dairy, is essential. These contribute to weight gain, insulin resistance, and obesity, all linked to an increased risk of pancreatic cancer. Reducing refined sugars, found in sugary drinks and processed snacks, helps maintain healthy blood sugar levels and prevents diabetes, which also raises cancer risk. Moderating alcohol intake is crucial, as excessive consumption can lead to chronic pancreatitis, increasing cancer risk. Avoiding tobacco products is vital, as smokers are twice as likely to develop pancreatic cancer. Regular physical activity helps maintain a healthy weight, improves insulin sensitivity, and reduces inflammation. For those with a family history, consulting healthcare professionals for genetic counseling and screenings is recommended to monitor early signs.

Treatment
Treatment options for pancreatic cancer depend on the stage at diagnosis. Surgical intervention offers the best chance for a cure, particularly when the cancer is detected early and localized. However, due to the often late presentation of symptoms, only a small percentage of patients are eligible for surgery. In such cases, chemotherapy and radiation therapy are employed to shrink tumors, alleviate symptoms, and prolong survival. Emerging treatments, including targeted therapies and immunotherapies, are under investigation and offer hope for more effective interventions in the future. Palliative care remains a cornerstone of treatment, focusing on improving quality of life by managing pain and other symptoms associated with advanced pancreatic cancer.

The subtle nature of pancreatic cancer highlights the importance of proactive health management. By understanding and mitigating risk factors through lifestyle modifications and remaining vigilant about potential symptoms, individuals can take significant steps toward reducing their risk. Early consultation with healthcare providers upon noticing concerning signs is crucial, as timely intervention can make a substantial difference in outcomes.

Radhika Muthukumar Reflects on Her Vrinda Journey

Radhika

As 2024 comes to a close, Radhika Muthukumar reflects on a year filled with unforgettable moments. For her, the highlight has been playing the role of Vrinda in Shemaroo Umang’s Main Dil Tum Dhadkan. This character has not only been a career milestone but also an emotional journey that resonates deeply with her. Radhika shares how Vrinda’s story offered her the chance to explore uncharted territories as an actor. The role demanded vulnerability, strength, and transformation, which she embraced wholeheartedly.

Radhika takes us through her journey of 2024 saying, “When I reflect on 2024, it fills me with gratitude for the opportunities and lessons, as well as excitement for what lies ahead. I feel incredibly fortunate to have played Vrinda, a character that resonated deeply with the viewers. It was my first time portraying a mother, and not just any mother but one who broke the stereotypical definition of motherhood. Her bond with Kanha showcased that motherhood goes beyond biological ties. Vrinda is a fearless mother, a loving daughter-in-law, a caring wife, and a woman who stands up for what’s right. From the very beginning, her journey showcased tremendous growth, whether it was challenging societal norms around widows or single-handedly fighting off goons.”

She further added “What makes Vrinda so special for me is that she embodies a voice that exists in every woman—a voice that encourages bravery and resilience. Playing her also gave me the chance to experiment with exciting looks that were as fun behind the camera as they were impactful on screen. One of the highlights for me was transforming into a Sardar for a recent scene. While off-camera, I had a blast fooling people with my disguise, on-screen, the character came alive as someone exposing a fraudulent baba. That part of the storyline received so much love and appreciation from the audience.”

She concluded “On a personal level, 2024 was equally rewarding. I was able to spend precious time with my family, and for that, I’m truly grateful. As I look forward to 2025, I’m excited for the challenges and growth awaiting Vrinda’s journey. I hope the coming year is filled with positivity, prosperity, and happiness for everyone.”

Jindal IVF Successfully Delivers Twins After Azoospermia Challenge

The IVF process, supported by PESA and ICSI, was designed to overcome the husband’s obstructive azoospermia and help the couple achieve a successful, healthy pregnancy

30th December 2024: Jindal IVF, a leading institute in Assisted Reproductive Technology (ART) and In Vitro Fertilization (IVF), has achieved another remarkable milestone in the field of reproductive medicine with the successful delivery of a baby from a complex case involving obstructive azoospermia and high-risk pregnancy. The journey began when a 35-year-old woman, along with her husband diagnosed with obstructive azoospermia, approached Jindal IVF for fertility treatment.

The couple had initially considered Intrauterine Insemination (IUI) with donor sperm, as the husband’s condition prevented sperm retrieval via natural means. However, after a thorough evaluation, which included all necessary diagnostic tests, the couple was counseled for IVF using the husband’s own sperm. Given the husband’s condition, sperm retrieval through Percutaneous Epididymal Sperm Aspiration (PESA) was identified as a viable option. PESA is a specialized procedure that allows sperm to be extracted directly from the epididymis in cases of obstructive azoospermia.

Under the expert guidance of Dr. Sheetal Jindal, Senior Consultant and IVF-PGT Specialist at Jindal IVF, the procedure proceeded with Intracytoplasmic Sperm Injection (ICSI) to fertilize the eggs retrieved from the wife’s ovaries. The wife’s ovarian reserve was determined to be average, and while multiple eggs were retrieved, only one high-quality embryo was formed after fertilization. Due to financial concerns, the couple chose not to proceed with embryo pooling, a decision made in light of the costs associated with additional embryos.

The embryo transfer was scheduled, and despite the initial odds, the single embryo transfer resulted in an unexpected outcome as the couple conceived twins. This rare phenomenon occurred as the single embryo, after implantation in the mother’s uterus, divided into two embryos, resulting in the birth of identical twins. This type of pregnancy is known as Monochorionic Diamniotic (MCDA) twins, where both fetuses share a single placenta, the common source of blood supply. While MCDA pregnancies can be associated with significant risks, including Twin-to-Twin Transfusion Syndrome (TTTS), the medical team at Jindal IVF closely monitored the pregnancy to ensure the best possible outcome for the twins.

Twin-to-Twin Transfusion Syndrome (TTTS), a potential complication of MCDA pregnancies, occurs when interconnecting blood vessels between the twins cause an unequal distribution of blood supply. This can lead to one twin becoming overhydrated and the other undernourished. In such cases, a critical intervention, such as laser photocoagulation, is required to cauterize the interconnecting blood vessels and equalize the blood flow. However, in this case, due to the severity of the situation, cord coagulation of one twin’s umbilical cord was performed to safeguard the health of the other twin.

After careful monitoring and treatment, the pregnancy progressed to 34 weeks, and the couple was overjoyed when they successfully delivered a single healthy baby, marking a major achievement for the medical team at Jindal IVF.

“We are immensely proud to have supported this couple through such a complex and challenging journey to parenthood. This case not only highlights the remarkable progress in reproductive technology but also the extraordinary resilience of our patients, whose trust in us made this success possible. The positive outcome of this pregnancy is a testament to our unwavering commitment to personalized care and the cutting-edge techniques we employ. It is a reminder of the profound impact that innovation in reproductive medicine can have in transforming lives and offering hope to families facing fertility challenges.” said Dr. Sheetal Jindal.

The parents, overjoyed with the outcome, expressed their gratitude towards Jindal IVF for the dedication, expertise, and care that led to the birth of their baby. “We are beyond thankful to Dr. Jindal and the entire Jindal IVF team for making our dream of parenthood come true. Despite the challenges we faced, their support was unwavering, and we are forever grateful for their efforts,” the couple shared.

Jindal IVF remains committed to delivering exceptional care and offering personalized solutions for couples facing infertility. With over 30 years of experience in Assisted Reproductive Technology, Jindal IVF continues to lead the way in transforming lives through innovation and compassionate care.

Aster RV Hospital Hosts Mega Blood Donation Camp, Collects 190+ Units of Blood

Blood Donation Camp at premises

Aster RV Hospital, in collaboration with SIEMENS, successfully organized a Mega Blood Donation Camp across three SIEMENS locations in Bangalore. This initiative witnessed an overwhelming response, with over 240 employees participating and 190+ units of blood collected.

The camp highlighted the power of awareness and education, as more than 50% of participants were first-time donors. Aster RV Hospital’s team of dedicated nursing staff, alongside experts from gynecology, dental, and audiometry departments, facilitated the event, ensuring seamless and safe donations.

Parashuram, Assistant Manager, CSR at Aster RV Hospital, expressed the need for continued awareness programs:

“Despite being part of a corporate ecosystem, many employees lacked awareness about the importance of blood donation. Initiatives like these are critical to ensuring adequate supplies for blood banks and encouraging more individuals to become regular donors.” This camp is a testament to the impact of corporate-community partnerships in addressing critical healthcare challenges and underscores the need for regular awareness campaigns to bolster blood bank reserves.

Aster Hospitals started Aster Volunteers with a singular vision, to unite people from all walks of life in helping make the world a little better. Since its launch in 2017, the program has touched over 5.5 million lives across 14 countries with more than 53000 volunteers. The initiatives of Aster volunteers through medical and non-medical aid, seek to impact the underserved sections of our society. This initiative exemplifies the commitment to making quality healthcare accessible to all, irrespective of geographical barriers. As the hospital continues to work towards the well-being of underserved communities, such initiatives pave the way for a healthier and more inclusive society. Aster Volunteers has conducted over 4,800 medical camps, provided over 44,000 free surgeries and treatments, and participated in disaster relief efforts. The collaboration reflects Aster RV Hospital’s ongoing commitment to community health and CSR initiatives. By educating first-time donors and ensuring a positive donation experience, the hospital aims to create a sustainable culture of blood donation.

How Primary Health Centres Can Help In Tackling the Healthcare Challenges Of The Country

Vikram Thaploo CEO Apollo telehealth (1)

Written By: Mr. Vikram Thaploo, CEO-Telehealth, Apollo Hospitals Enterprises Limited

The health sector in India faces critical challenges, with a substantial proportion of the population still in rural areas. In the last two decades, primary healthcare centers have played a significant role in the rural healthcare service provision. As of March 31, 2022, the country had 31,053 PHCs, with 24,935 in rural settings. The Bhore Committee, which conceptualized PHCs in 1946, conceptualized these centers as fundamental units to bring healthcare closer to the people, with an emphasis both on prevention and treatment. But despite their critical importance, progress in expanding PHCs has been slow and lags in many rural areas of the country.

Primary Healthcare Centers play an essential role in delivering routine check-ups, and immunizations, managing chronic diseases, and referral care. However, with more than 70% of healthcare delivery being provided by private entities, people living in rural regions face issues accessing good care at an affordable rate. In addition, considering the increase in both communicable and non-communicable diseases, PHCs might help reduce the pressure on Indian healthcare delivery. The article explores the role that PHCs can play in addressing healthcare challenges and examines steps required to strengthen PHCs toward better health outcomes.

The Critical Role of Primary Health Care in Building a Healthier India

Primary health care acts as the backbone of the healthcare system in the country. It caters to millions, mainly in rural areas, by making health care accessible and affordable and providing preventive care. It helps reduce the burden of chronic illnesses by focusing on prevention, regular check-ups, and vaccinations and minimizes the need for costly, specialized treatments. This helps in improving general public health and saving resources as health issues are dealt with early, thereby preventing hospital admissions that are costly and demand expensive secondary care.

Primary health care is also important in bridging the health inequalities gap. It ensures that healthcare access goes even to the most remote and destitute corners of the country regardless of the income brackets or locations, and such factors could make a difference in societal levels across this country. The recent rise of primary health care is focusing on a bigger effort for India to achieve Universal Health Coverage, making sure everyone receives adequate health care, especially the vulnerable sections.

Additionally, primary health care in India is also playing a big role in dealing with emerging health issues such as climate change. It ranges from dealing with the health impacts of extreme weather events like floods and heatwaves to the emergence of new infectious diseases and malnutrition. Many countries across the world are investing in primary health care; therefore, India must also identify the immense potential in its primary healthcare system to create a resilient and sustainable healthcare system. Primary healthcare strengthening must be a priority to improve health outcomes, reduce mortality, and make sure that future generations remain healthy.

Challenges Faced by Primary Healthcare in India: A Closer Look

Many barriers hinder India’s public primary care system in order to deliver accessible and quality care. Key challenges facing this system include:

1. Limited scope of services

The current primary health care system only addresses a few of the health issues people encounter, amounting to about 15%. It is mainly pregnancy care, child health, and national health programs. There are gaps in areas that include chronic disease management, mental health, and geriatric care. Expanding the scope of services is important in comprehensive healthcare delivery.

2. Lack of Sufficient Funding:

Healthcare spending in India is very low. In FY23, the combined expenditure of central and state governments was only 2.1 percent of GDP. This compares rather poorly with other BRICS countries, such as Brazil (3.8 percent), China (3.1 percent), and South Africa (4.2 percent). Low budgets immediately impact the quality and outreach of primary healthcare services.

3. Poor Infrastructure

Infrastructure gaps further pose a huge issue for PHCs across the country. For example, it was reported in the National Health Profile 2019 that almost one-fourth (22%) of the primary health centers do not have specific rooms for important services like immunization and family planning. Also, in some states such as Rajasthan, families may need to travel between 10 and 20 kilometers to access the nearest PHC, thereby rendering healthcare unavailable to many.

4. Shortage of Healthcare Professionals

In many PHCs, there are only a handful of healthcare workers who are fully trained and supervised to provide quality services. Workforce shortages, inefficient management, low-quality training, and lack of supervision can lead to disruptions in care and poor patient outcomes.

5. Restricted Supply of Medicines

High prices of medicines act as a barrier to healthcare for many Indians. Although the free medicine scheme of the government is intended to address this issue, it encounters supply chain problems and a lack of drugs. This puts patients in the hands of unregulated pharmacies, which have often been selling low-quality or even spurious medicines, a serious threat to health.

6. Bad Quality of Care

According to A Lancet study, half of Indian patients do not receive proper care for their conditions. Poorly trained professionals, poor physical infrastructure, and lack of regulation over healthcare providers contribute to this mix. Secondly, low health literacy leads the patient to seek medical assistance late in the disease phase, further worsening health outcomes.

7. Overburdened Facilities in Poor States

Primary health centers are saturated, particularly in states such as Madhya Pradesh, Bihar, and Jharkhand, where the number of people served by one PHC far exceeds 25,000; they serve up to 76,000 people in many instances. This overburdens the facilities and compromises the provision of services.

8. Chronic Underinvestment

PHCs often function in under-equipped settings, drug shortages, and limited stocks, which makes it really difficult to provide quality healthcare. This underinvestment affects the very foundation of a healthcare system.

The Way Forward

To address the challenges in India’s primary healthcare, a holistic approach is required starting with the right financial investment. Health spending as a percentage of GDP can be ensured to reach 3-4% such that public spending constitutes at least 70% of total health expenditure. It would then allow for strong funding for schemes such as Ayushman Bharat, which aims to convert more than 1.5 lakh health facilities into Health and Wellness Centres (HWCs). These HWCs must be enabled to provide Comprehensive Primary Health Care (CPHC), which would ensure treatment as well as preventive and promotive health services right at the doorsteps of people. Proper implementation of this scheme with clear accountability and resource use efficiency is what would make healthcare accessible and impactful.

Furthermore, technology can fill in the gaps of healthcare. Telemedicine can deliver quality care to far-flung places, and mHealth applications such as remote monitoring and medication reminders can make healthcare more accessible. HIE systems enhance better care coordination by making data sharing efficient and minimizing errors. Improving access can also be achieved by addressing information gaps through reliable health information utilities and the Digital Health Mission. In fact, an equitable and efficient primary healthcare system in India can be driven by technology coupled with better funding and strong regulations.

Eco-Tech Revolution: Student’s Hi-Tech Hat Blends Sustainability and Innovation

JIS College of Engineering_Hi Tech Hat_Pic 3

A Historic Breakthrough by JIS College of Engineering Student, Redefining Personal Protective Gear with Cutting-Edge Features

30th December 2024: Dhruba Shil, a promising 4th-year student from the Electrical Engineering Department of JIS College of Engineering, has captured attention with a remarkable invention that merges eco-conscious design with cutting-edge technology. Shil’s creation, an intelligent and eco-friendly hat, promises to transform the way workers in industries like farming, policing, and railways tackle the challenges of outdoor environments.

Made from bamboo and palm, the hat not only provides sustainable sun protection but also houses impressive technological features. A solar panel integrated into the design powers a small fan through a rechargeable Lithium-ion battery, ensuring comfort for wearers even in sweltering conditions. Taking innovation a step further, the hat includes a built-in walkie-talkie with a communication range of up to 6 kilometers, GPS functionality for navigation, and an SOS feature for emergencies.

This ingenious invention addresses real-world issues faced by individuals working long hours outdoors, providing a sustainable, energy-efficient, and practical solution that could set new standards for personal protective gear.

Commenting on Dhruba Shil’s achievement, Sardar Simarpreet Singh, Director, JIS Group, said, “Dhruba’s innovation exemplifies the transformative power of youthful creativity and determination. This invention isn’t just a product; it’s a vision of how technology and sustainability can work hand-in-hand to solve everyday challenges. At JIS Group, we are committed to nurturing such talent and promoting an ecosystem where ideas can thrive.”

PHDCCI Advocates for Tax Reforms and MSME Support in Pre-Budget Meeting

FM

During industry interaction with the Hon’ble Finance Minister, Smt. Nirmala Sitharaman, the President of PHD Chamber of Commerce and Industry (PHDCCI), Shri Hemant Jain, presented a series of recommendations aimed at enhancing India’s economic growth.

The suggestions focused on rationalizing the tax structure, bolstering the manufacturing sector, and creating an enabling environment for Micro, Small, and Medium Enterprises (MSMEs) to thrive along with significant reduction in costs of doing business

PHDCCI suggests reducing tax rates for individuals and Limited Liability Partnership (LLP) firms to 25% as this reduction would not only ease the financial burden on businesses and individuals but would also stimulate investment and economic activity across sectors.

A simplified tax structure can reduce compliance costs and increase disposable income, boosting consumer spending. This increased demand encourages business expansion, driving economic growth. Additionally, the reduction in tax burdens can help mitigate inflationary pressures too, said Mr. Hemant Jain.

Mr. Hemant Jain emphasized the need to completely remove the inverted duty structure that currently exists in several industries, particularly in sectors such as cement, aluminium, steel, packaging material, paper and paperboard industry. The inverted duty structure leads to higher costs for domestic manufacturers, hindering their competitiveness in the global market.

Eliminating these inefficiencies would go a long way in bolstering the manufacturing sector, said Mr. Jain

Industry body, PHDCCI further pointed out that the ease of doing business in India needs to be further improved and percolated at the ground level. This includes reducing the cost of doing business, particularly in terms of capital, power, logistics, land, and compliance costs.

According to the PHDCCI, simplifying procedures and cutting down on regulatory burdens would make it easier for businesses to thrive and would encourage both domestic and foreign investments in India.

With these measures in place, India can realize its potential as a global manufacturing hub, improving its position in international trade, said Mr. Jain

PHDCCI is expecting a significant increase in the size of the Union Budget from Rs. 48.2 lakh crore in 2024-25 to over Rs. 51 lakh crore for 2025-26. Capital expenditure, which is crucial for infrastructure development, should also see a marked increase, with PHDCCI suggesting a rise from Rs. 11.11 lakh crore in 2024-25 to over Rs. 13 lakh crore in 2025-26.

Such a capital expansion is seen as critical for enhancing demand trajectory, creating employment opportunities, and spurring overall economic growth, says PHDCCI

Mr Hemant Jain highlights the need for the government to enhance the manufacturing sector, increase infrastructure investment, and promote innovation. The manufacturing sector in India currently contributes around 16% to the GDP, and we should aim to increase this share to 25% by 2030.

To achieve this ambitious target, reforms are needed to enhance productivity and competitiveness in the manufacturing sector supported by a strong demand trajectory.

PHDCCI’s suggestions focus on addressing the key cost drivers in manufacturing, such as the high cost of capital and logistics. Reducing these costs will enable Indian manufacturers to compete effectively in global markets and help increase the share of manufacturing output in GDP

In line with this vision, PHDCCI recommends expanding the Production Linked Incentive (PLI) scheme beyond the 14 sectors. The scheme has been successful in promoting manufacturing in certain sectors and expanding it to include new areas such as medicinal plants, handicrafts, leather and footwear, gems and jewellery, and the space sector would further enhance India’s manufacturing capabilities.

PHDCCI raised the concern of existing inverted duty structures in sectors like cement, aluminium, steel, packaging material, paper and paperboard industry. Mr Jain emphasized that this issue must be resolved to reduce the cost burden on manufacturers, thus improving their global competitiveness.

On the MSME front, PHDCCI proposed several measures to enhance the growth and sustainability of MSMEs, which are the backbone of the Indian economy.

PHDCCI suggested extending the classification norms of MSMEs for Non-Performing Assets (NPAs) and the Restructuring Scheme for MSMEs, as approved by the Reserve Bank of India (RBI). Currently, dues for MSMEs are classified as overdue after 90 days, which can adversely affect their ability to access credit from banks

PHDCCI recommends extending this period to 180 days to allow MSMEs more time to manage their financial challenges without facing NPA classifications.

Another important proposal was to expand the scope of the Interest Equalization Scheme on Pre and Post-Shipment Export Credit. This scheme, which provides interest subvention for MSME manufacturers and merchant exporters, should also include MSME service exporters. This change would ensure that service exporters, who are an integral part of India’s economy, are also able to benefit from the government’s support.

PHDCCI recommended that the MSE Facilitation Councils, which currently cover only Micro and Small Enterprises, should also be extended to cover Medium Enterprises. This would help address the delayed payment issues faced by these enterprises, allowing them to settle dues within 45 days if no specific payment date is mentioned in the purchase order. This change would provide much-needed relief to MSMEs, which often face liquidity constraints due to delayed payments from large buyers.

On the taxation front, PHDCCI welcomed the reduction in corporate tax rates to 25% for most companies, including those with a surcharge. However, it was also suggested that the tax rates for Partnership Firms and LLPs be aligned at the same level of 25%. Moreover, to promote transparency and ease, PHDCCI called for fast-tracking the process for faceless appeals in the tax system. Introducing a statutory period for the resolution of tax appeals and allowing the option for physical hearings in exceptional cases would further streamline the process and reduce unnecessary delays.

Another significant issue raised by PHDCCI was the recent increase in long-term capital gains tax on listed shares from 10% to 12.5%. Since the long-term capital gains tax on shares is now on par with other assets, PHDCCI suggested that the Securities Transaction Tax (STT) be abolished. This move would reduce the tax burden on investors and encourage more investment in the stock market, thereby stimulating economic growth.

Lastly, Shri Jain commended the government’s focus on infrastructure development in recent years. However, he emphasized the need for more focus on Tier 2 and Tier 3 cities, as well as the development of smart villages with adequate public utilities. Expanding infrastructure development beyond major urban centres would help create balanced regional growth, improve the quality of life, and encourage more business activity in smaller cities and rural areas.

PHDCCI suggested special policy initiatives aimed at increasing female participation in the workforce. India’s female labour force participation rate currently stands at just 32%, the lowest among the world’s top 10 economies. To ensure inclusive growth, PHDCCI called for targeted measures to boost the participation of women in the labour market, thereby enhancing overall economic productivity.

The delegation, comprising Mr Hemant Jain, President; Mr. Mukul Bagla, Chairman, Direct Tax Committee; Dr Ranjeet Mehta, CEO & Secretary General; Dr S P Sharma, Chief Economist | Deputy Secretary General presented the Pre Budget Memorandum to the Ministry of Finance, Government of India.

Conquering G2G 2024: A ride to remember from India Gate to Gateway of India

G2G 2024, a ~1450km cycling expedition between two Indian Unesco world heritage sites starting from India Gate, Delhi to the Gateway of India, Mumbai, pushed Aneesh Saraiya, who works for a top management consulting firm, to their physical and mental limits. This demanding journey, traversing four states – Delhi, Rajasthan, Gujarat, and Maharashtra, presented a unique set of challenges, from scorching heat to unpredictable weather and varying road and traffic conditions.

Balancing the demanding workload from his consultant job with the grueling training schedule was a constant struggle. However, Aneesh skillfully navigated this challenge, demonstrating remarkable discipline and prioritizing his passion mainly due to his strong support system from his family and circle of friends.

Among the riders, Aneesh emerged as the fastest to complete the grueling journey. While G2G is not a race, Aneesh achieved the quickest finishing time of ~56 hours in the last eight editions of the event, showcasing exceptional endurance and determination.

Registered for the event in March, and embarked on rigorous training regimes. Aneesh dedicated over 300 days of trato rigorous cycling, covering an impressive distance of 27,500 kilometers each. This unwavering commitment was fueled by a shared passion for cycling and a desire to push their boundaries.

Group rides over weekends provided invaluable camaraderie, fostering a strong sense of community and encouraging them to persevere through difficult moments. The support and encouragement from family and friends played a crucial role in keeping Aneesh motivated and focused on his goal.

Despite facing numerous obstacles, the riders successfully completed G2G 2024. Aneesh’s exceptional performance, achieved while balancing the demands of a demanding career, serves as an inspiration to all those who strive to pursue their passions while navigating the complexities of modern life. This achievement underscores the power of human resilience and the ability to overcome even the most daunting challenges through consistent effort, unwavering passion, and a strong support system.