Business Corner


Consultative Workshop on New National Policy on Biofuels, VGF organised

A consultative workshop on New National Policy on Biofuels & Pradhan Mantri Ji-Van Yojana (VGF for 2nd Generation Ethanol Bio Refineries) was organised on Thursday by Ministry of Petroleum and Natural Gas for inviting suggestions for drafting a suitable roadmap for Biofuels in India. The workshop was organised as the Government is promoting Biofuels with an objective to reduce dependency on import of crude oil, savings in foreign exchange, provide better remuneration for the farmers and address growing environment concerns in the light of PM Narendra Modi's Commitment at COP 21. During the day-long workshop 5 Working Groups on 1-G Ethanol, 2-G Ethanol, Biodiesel, Municipal Solid Wastes to Fuel & Bio-CNG comprising all the stakeholders (producers, bankers and buyers) deliberated issues related to their segment in detail and came up with many constructive suggestions and inputs. Union Petroleum Minister, Dharmendra Pradhan in his speech said that 1-G and 2-G Ethanol, Biodiesel, MSW to Fuel and Bio-CNG together with Methanol (DME) have huge potential in augmenting economic growth, generating employment and doubling farmers' income. He said this will be instrumental in achieving the target of 10 per cent import reduction by 2022 set by the Prime Minister, Narendra Modi.

Dr P Shakil Ahammed joins REC on Deputation as Sr Executive Director

Dr P Shakil Ahammed, an IAS Officer of 1995 batch of the Assam &Meghalaya cadre has joined REC on deputation with effect from 21st Nov, 2017 as Sr Executive Director for handling the coordination of implementation of various Government programmes. He has rich and varied experience of handling projects/assignments in various sectors which include Education, Tourism, Skill Development, and Information & Public Relations. Prior to joining REC, Dr Ahammed was working as Joint Secretary in the Department of Agriculture and Cooperation where he was in charge of the Horticulture Mission for India. Dr Ahammed has worked in several capacities with various departments/Offices such as Director in the Prime Minister Office, Director Tea Board, in the Indian Embassy at Moscow, apart from having handled several prestigious assignments for the Govt of Meghalaya.

NJ Yasaswy Memorial Lecture held  at ICFAI, Hyderabad

ICFAI Foundation for Higher Education (IFHE), the Deemed University of ICFAI at Hyderabad, organised the 6th NJ Yasaswy Memorial Lecture recently, in Hyderabad. Dr Rathin Roy, the Director and CEO of the National Institute of Public Finance and Policy, was the Chief Guest for the event. The event was presided over by Dr C Rangarajan, the Chancellor, IFHE, who is the former RBI Governor and former Governor of undivided Andhra Pradesh. In his address, Dr Roy said, “The Need to Persist with Fiscal Consolidation”. He emphasised the need for fiscal prudence on the Government's part, in various fiscal decisions like borrowing, and spending, and managing the fiscal targets. Dr Roy drew an interesting analogy between alcoholism and the tendency to borrow in the name of public expenditure, which could result in deviation from the fiscal targets. He shared his views on the significance of a sound fiscal policy and appropriate fiscal decisions towards macro-economic stabilisation. He also said on the Fiscal Responsibility and Budget Management (FRBM) Act 2003, and its significance in reducing India's fiscal deficit. Dr Roy stressed on the need to act with judiciousness in fiscal policy making and implementation. The inaugural address by Dr J Mahender Reddy, Vice Chancellor, IFHE, captured a snapshot of the life of Late NJ Yasaswy and his towering contributions to research and academia. On the occasion, Dr Roy released a book titled ‘Tracking the Indian Economy: A Collection of Articles', authored by Dr Rangarajan, and published by IUP Publications, a division of the ICFAI Society.

Central Team assist in building twin pits in Champaran to mark World Toilet Day

In the run-up to World Toilet Day on Friday, behaviour change and toilet construction activities are being undertaken by the States and districts around the country. Leading this initiative, a senior central level team from the Ministry of Drinking Water and Sanitation performed shramdaan by asisting villagers in building twin-pit toilets in Turkauliya village in East Champaran district of Bihar. The senior officers, led by Secretary, Ministry of Drinking Water and Sanitation, Parameswaran Iyer, had arrived in the village on November 17, 2017, as part of a village immersion exercise. One of the aims of the exercise was to give the officials an opportunity to stay in the village for an extended period of time, interact with villagers directly, join in trigger behaviour change and discuss their challenges and aspirations over the course of three days, in one of the lowest sanitation coverage districts in the country. A special session with girl students of the area was organised at Turkauliya School. The World Toilet Day initiative in Champaran is expected to give an impetus to the Swachh Bharat programme in Bihar which is making special efforts to accelerate it's sanitation programme. In their interaction with the villagers, Secretary Iyer and his team emphasised the need to community's behaviour change and usage of toilet. The call was enthusiastically supportedby the villagers who promised to make their villages ODF soon.

Kalyanmayee (AAI) organises baby show at Modern Montessori International

A baby show was organised at a pre-school of Airports Authority of India’s Women Welfare Association ‘Kalyanmayee' recently. Anjali Mohapatra, President of the association inaugurated the event. In the baby show, topics related to routine care of the newborn, importance of child health vaccination were discussed with parents and appropriate solutions were provided by the paediatricians from the expert panel of PSRI. The show was sponsored by PSRI Hospital, IDDS and gifting partners Tupperware, Cetaphil and GSK made the event a great success with activities like art and craft, storytelling, magic show and selfie corner.  This school is an initiative of Kalyanmayee in collaboration with Modern Montessori International (London) to unbox the creativity of the little minds through a gamut of activities, wherein children get ample opportunities to showcase their talent.

Ikris Pharma, Orphan Europe in a pact to help patients, doctors

Ikris Pharma Network Pvt Ltd and Orphan Europe SARL have entered into agency agreement whereas Ikris Pharma Networkwill work as service partner to Orphan Europe and will help patients and doctors in accessing Orphan Europe products in India, Sri Lanka, Pakistan, Bangladesh and Nepal through Named Patient Import. Orphan Europe(www.orphan-europe.com), which was founded in 1990 and thenacquired by Recordati (www.recordati.com) in 2007, is a France basedpharmaceutical company dedicated to research, development, manufacturing and marketing of drugs for rare diseases. Ikris Pharma Network Pvt. Ltd., based out of NOIDA in DELHI-NCR; having Pan-India presence, is a fast growing, specialty pharmaceutical consultancy and service company with a unique business model dedicated to delivering medicines difficult to be procured to needy patients mostly in Asian countries. “With the sign-off this agreement with Orphan Europe we will be able to bridge some gaps in unmet needs of the doctors in diagnosing, treating and managing patients with rare diseases. We will leverage our all India presence and strong networking within other Indian sub-continent countries with specialty doctors and disseminate the latest medical information about these rare diseasesto the doctors,” says Praveen Sikri, the Founder & CEO of Ikris Pharma Network Pvt Ltd. He further adds that Ikris will be the single point of contact for doctors & patients across India and Ikris will assist the patients in getting the medicine imported directly from Orphan Europe, once all local regulatory procedures for named-patient importation are fulfilled. 



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My father lived, died for India, says Rahul

15 Jul 2018 | PTI | New Delhi

Amid row over alleged use of derogatory language in a web series while referring to former Prime Minister Rajiv Gandhi, Congress chief Rahul Gandhi on Saturday said the BJP and the RSS believe that freedom of expression must be policed, while he regards it as a fundamental democratic right. “My father lived and died in the service of India...

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Pranaam Pawas: A poetic event organised to welcome monsoon

17 Jul 2018 | Staff Reporter | Bhopal

Phir Khule Akaash me Judde Ghataon Ke, Phir Hawaon Ke Dupatte Ho Gaye Jheene, a poetic event centered on creations about monsoon ‘Pranaam Pawas’ concluded in city. The event was organised by the Dushyant Kumar Memorial Manuscript Museum to welcome the monsoon season...

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