An Inclusive Budget

By Kiran Mazumdar Shaw The Finance Minister has presented a comprehensive and wide-ranging Budget for FY19, which addresses most of the areas that need focus to ensure sustainable, long-term and equitable growth of the Indian economy. The Union Budget needed to be prudent and forward-looking rather than populist and that is exactly what Finance Minister … Continue reading An Inclusive Budget

2017 – A Landmark Year for Indian Science

By Kiran Mazumdar Shaw, CMD,  Biocon 2017 has been an exciting year for science in India. From unheralded incremental innovations to Big Bang headline-grabbing global feats, Indian scientists have done some very important work to push the frontiers of science during the year. India researchers made significant contributions to R&D across a broad spectrum of … Continue reading 2017 – A Landmark Year for Indian Science

A Journey of Endurance

By Kiran Mazumdar Shaw, CMD, Biocon The approval of our biosimilar Trastuzumab by the U.S. FDA is a vindication of our two-decade-long biologics-led pharmaceutical journey. We had invested ‘ahead of the curve’ in the promising future of targeted biologics at the turn of the millennium. At that time, we had anticipated some of the risks, … Continue reading A Journey of Endurance

Transforming India into a digital society that is less cash dependent

As the debate on the pains and gains of India’s move to demonetize high-value currency notes continues to rage, I firmly believe that the digital payments economy is an idea whose time has come. History shows us how money as a ‘medium of exchange’ has evolved over several millennia from cowry shells to gold and … Continue reading Transforming India into a digital society that is less cash dependent

A ‘People’s Budget’ to Spur Inclusive Economic Growth

Budget 2016 can be described as a ‘people’s budget’ that is aimed at spurring inclusive economic growth through measures that will drive rural development, relieve agricultural stress and boost farmers’ welfare. The Budget however has missed out on outlining innovative policies to spur India’s manufacturing sector to drive growth at a time when the economic … Continue reading A ‘People’s Budget’ to Spur Inclusive Economic Growth

Pharma & Biotech Sector Must Get Its Due This Budget

Finance Minister Arun Jaitley has a challenging task at hand to present a Budget for FY17 that spurs India’s growth at a time when the economic scenario appears challenging, both externally and internally. The global economy is expected to slow down further in 2016 pulled down by weakness in major emerging economies like China, Brazil … Continue reading Pharma & Biotech Sector Must Get Its Due This Budget