When you can’t tax the rich, tax the less well-off. This is exactly what the Karnataka government did by notifying all hospitals to collect 8% luxury tax from every patient in an intensive care unit (ICU). Lying on an ICU bed fighting for one’s life is not a luxury by any stretch. But the room … Continue reading Can healthcare costs in India come down further?
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
These are exciting times for the Life Sciences sector as it builds on its understanding of the disease at the cellular and genetic level to usher in new and differentiated therapies into the market. Furthermore, biomedical advances are likely to transform global health with early diagnosis and therapeutic intervention for chronic and killer diseases like … Continue reading The Top 5 Life Sciences Developments You Should Look Out for in 2016
In today’s world, technology is playing a transformational role in enabling innovation and driving change. New ideas, new business models and new technologies are leading to the birth of the “ideas economy,” where the “innovation quotient” has emerged as the key determinant of market value. India will lose out on the opportunity to benefit from innovation-led, … Continue reading IP Creation Can Make India the Next Global Innovation Hub
As a city recognized by the world for its IT excellence, Bangalore has a global brand appeal. Bangalore has leveraged its technological capital to create the world's second fastest growing start-up ecosystem, attracting venture capital at the highest pace of investment in the world according to Compass, a San Francisco based Global Start-up Ecosystem Ranking … Continue reading Bangalore Can Be India’s Smartest City
“The whole art of teaching is only the art of awakening the natural curiosity of young minds for the purpose of satisfying it afterwards,”said Anatole France, the famous French poet, journalist and novelist who won the Nobel Prize in Literature in 1921. I consider myself lucky to have found teachers who believed in this philosophy … Continue reading My Mentor: Ms. Anne Warrior
The global economy is today faced with the spectre of rising unemployment. According to the International Labor Organization, the world economy will need to generate nearly 280 million new jobs between 2015 and the end of 2019 to make up for the ground lost during the last recession and ensure new entrants to the labor … Continue reading Strengthening the Entrepreneurial Ecosystem in the ‘Ideas Economy’
The recent disruptive Parliament standoff between the Congress-led Opposition and the ruling NDA is undemocratic and unconstitutional. Preventing the Parliament from functioning is a profound governance issue. India’s progress depends on laws passed at the supreme legislative assembly viz. the Parliament. The moves by a group of parliamentarians to block the right to debate and … Continue reading Is This the India We Can Be Proud Of?
PM Narendra Modi is completing a year in power, and in the last 365 days he has been able to achieve a fair amount. His global ‘Make in India’ campaign has set the tone for transforming India into a global manufacturing hub; his ‘Jan Dhan Yojana’ has taken financial inclusion to the heart of rural … Continue reading Challenges Aside, an Eventful First Year