6, Sep 2023
Nikon India pays heartfelt tribute to educators on Teacher’s Day

New Delhi, September 6, 2023: On the occasion of Teacher’s Day, Nikon India Private Ltd. released a heart-touching video that salutes the dedication, passion, and profound impact of teachers in our lives. The video celebrates the evergreen phrases of our teachers that every student would have heard in their classes during their schooling days.

The nostalgic video celebrates the spirit of our educators who are a beacon of hope, learning and success for students; who relentlessly stood through the class periods, teaching and ensuring students keep their focus intact for every drop of knowledge through. The video on Nikon India’s official Instagram page @NikonIndiaOfficialhonors the importance of education and the spirit of mentorship as well as the enduring influence of teachers in our lives.

6, Sep 2023
Bachpan Play School Celebrates Teacher’s Day with Grandeur Across All Branches

Bachpan Play School Celebrates Teacher's Day with Grandeur Across All Branches

New Delhi, 6th September 2023 – Bachpan Play School, a premier early childhood education institution, marked Teacher’s Day with a heartfelt and joyous celebration at all its branches. The occasion was a tribute to the remarkable educators who play a pivotal role in shaping the young minds of tomorrow.

Teacher’s Day, observed on September 5th each year to commemorate the birth anniversary of the great philosopher Dr. Sarvepalli Radhakrishnan, is a day to recognize and honor the dedication and hard work of educators. At Bachpan Play School, this day was celebrated with a series of special events and activities that highlighted the essential contributions of teachers.

The festivities included a variety of creative performances, interactive sessions, and heartwarming tributes. Students, parents, and staff came together to express their gratitude for the unwavering commitment of Bachpan Play School’s teaching faculty in nurturing and guiding young learners.

“Teacher’s Day is a momentous occasion for us, as it allows us to acknowledge the incredible dedication and passion our educators bring to their roles,” said Mr. Ajay Gupta, Founder of Bachpan Play Schools and Academic Heights Public Schools. “Our teachers are the cornerstones of our institution, shaping the future by instilling knowledge, values, and a love for learning in our students.”

Bachpan Play School takes immense pride in its educators, who employ innovative and child-centric teaching methods to provide an enriching and supportive environment. Celebrating Teacher’s Day across all branches emphasizes the strong teacher-student bonds that are essential for holistic development and growth.

Parents and guardians actively participated in the celebrations, expressing their appreciation for the impactful role teachers play in their children’s lives. The event served as a reminder of the collaborative effort between parents and educators in nurturing the potential of the next generation.

6, Sep 2023
Sri BioAesthetics develops three new microbial products for soil health and fertility management

Dr KRK Reddy_MD_Sri BioAesthetics a

Hyderabad, September 06, 2023…….Sri BioAesthetics, a Hyderabad-based Integrated AgribioTech Center set up recently at an investment of INR 30 crore developed three new microbial products for soil health and fertility management at our R&D facility, Hyderabad.

Disclosing this in a press note issued in the city today, Dr KRK Reddy, Managing Director of Sri BitoAesthetics Pvt. Ltd who is also the President of BIPA,a trade body of BioAgri Input Producers in India said the three futuristic products with a future full of promise are a microbial consortium was developed through the technology transfer from ICAR-CSSRI, Karnal to mitigate saline stress in Rice.

The three products were formally launched recently in the presence of Dr Janaki Ram, Vice Chancellor, YSR Horticulture University, a state University in Andhra Pradesh; Dr Sarada Jayalakshmi, Vice Chancellor, Acharya N. G. Ranga Agricultural University (ANGRAU) and Scientists from ICAR and Amity University in a function held in Vijayawada.

ICAR-CSSRI is a Central Soil Salinity Research Institute. It is a premier research institute dedicated to pursuing interdisciplinary research on salinity/alkalinity management and the use of poor-quality irrigation waters in different agroecological zones of the country.

The second product is Prof.Ajith Verma’s (JNU/Amity Univ) discovery, Serendipita Indica, a desert fungus that helps in drought mitigation and nutrient acquisition. Serendipita indica is a fungal species of the order Sebacinales. It is an endophytic root-colonising species, discovered from orchid plants in the Thar desert in Rajasthan, India by Prof. Ajit Verma and group, School of Life Sciences, Jawaharlal Nehru University, New Delhi.

The third product is the Indigenously developed Root Organ Culture of Mycorrhiza based on the technology adopted from UCLouvain, Ottignies-Louvain-la-Neuve, Belgium for better water and nutrient absorption through symbiotic association.

6, Sep 2023
NMIMS Indore’s Convocation 2023: Paving Pathways for Future Leaders

NMIMS Indore's Convocation 2023: Paving Pathways for Future Leaders

Indore, 2023 – SVKM’s NMIMS Indore held its prestigious convocation ceremony, to celebrate the academic accomplishments of its distinguished graduates from the School of Technology Management & Engineering (STME) and School of Commerce (SOC).

The convocation was graced by Chief Guest Shri Snehal Desai, the Former CFO of Adani Group Ltd. The Guest of Honor, Shri Sheshadri Sevalgi, CFO of General Mills, added a touch of grandeur to the occasion. The event took place at the Seminar Hall, Second Floor of NMIMS Indore. Dr. Sharad Mhaiskar, Pro Vice Chancellor, SVKM’s NMIMS, Shri Akhilesh Rathi, Presiding Officer, Nominee of the Hon’ble Chancellor, SVKM’s NMIMS, Dr. Anshuman Jaswal, Director, SVKM’s NMIMS Indore, Dr. Aaquil Bunglowala, Associate Dean, STME, Indore, Dr. Rajeev Srivastava, Program Chairperson, SOC, Indore, Dr. Ashutosh Hajela, Associate Dean, SOL, Indore, Dr. Niranjan Shastri, Program Chairperson, SBM, Indore and Mr. Ashish Apte, Nominee of the Registrar, NMIMS, were present at the grand convocation.The ceremony commenced with an academic procession, marked by an inspiring invocation and the resounding notes of the NMIMS anthem. The highlight of the event was the school-wise annual report, which underscored the achievements of the graduating students. Along with the conferment of the degrees, outstanding student achievers were honoured with recognition and awards. The ceremony concluded with a vote of thanks by Dr. Rajeev Srivastava.

The convocation ceremony not only marked the culmination of years of hard work and dedication but also ignited the spark of future possibilities for the graduating students. The ceremony was followed by a delightful photo session and a celebratory lunch, creating cherished memories for the graduates, faculty, and guests in attendance.

In his inspiring welcome address, Dr. Sharad Mhaiskar, Pro Vice Chancellor, SVKM’s NMIMS, said, “It is indeed a proud moment for NMIMS and the graduating students. You all must be proud of the NMIMS brand that you represent. When you enter the professional world, you must recognize that we are living in the VUCA world where technology is disrupting businesses rapidly and new paradigms of leadership are emerging. NMIMS has been responsive to challenges thrown by the changing times. I would urge you to mould yourself as per the legacy and culture of the organization you join and strengthen it. Always remember, great leaders don’t create followers but more leaders. Take pride in who you are and your alma mater, remain rooted in your beliefs and be lifelong learners.”

Shri Snehal Desai, Former CFO, Adani Group Ltd. in his address, shared some pearls of wisdom with the graduating students. He said, “Growth in any corporate set-up will come only when they recognize your commitment to the organization. Commitment is the most important reason for success. You must strive to complete whatever job you are assigned gracefully. I will advise you to get out of the social media culture and your smartphones and instead read voraciously and have a hobby. Most importantly, you must ensure that you work with people who challenge you day in and day out.”

Shri Sheshadri Sevalgi, CFO of General Mills, said, “If you want to grow in life, have insights, don’t be dismissive of anyone imparting knowledge. I would like to share the three mantras that have worked for me – be bold in your aspirations; have self-belief and confidence and invest in yourself – have a sense of purpose and build your overall potential and capability.”

Dr. Anshuman Jaswal,Director, SVKM’s NMIMS Indore shared insightful reviews of the School of Technology Management & Engineering (STME) and School of Commerce (SOC), reflecting on their contributions to academia and society and said, “You should be proud to be getting your degree from such an esteemed institution. In any area, technology is taking precedence. There is going to be a leap in technology – a revolution soon. And you will be at the helm of industries when this happens. You have to be prepared for that.”

6, Sep 2023
Sawadee Ka Pune: Head Novotel Pune for a Thai Sojourn

Sawadee Ka Pune: Head Novotel Pune for a Thai Sojourn

Prepare your taste buds for an unforgettable culinary adventure as we invite you to the Thaï Food Festival at The Square, a vibrant celebration of Thailand’s rich and diverse culinary heritage. Immerse yourself in the sights, smells, and flavours of this exotic cuisine as we transport you to the heart of Thailand, right here in Novotel Pune.

Chef Patharawut Mungjit from Novotel Chiang Mai, affectionately known as Chef Woody will be bringing his masterful touch to this nine-day long food festival.

The mere mention of Thai food reminds us of aromatic curries, flavourful spices, fresh salads and succulent seafood. Chef Woody will be bringing all of this and much more to The Square at Novotel Pune.

The menu will include a lot of popular dishes such as red, green and yellow curries, Pad Thai noodles, Tom Yum Goong, Khao Soi, Som Tam, Pad Kra Pao Moo and it will also include some hidden gems from the region Chef Woody belongs to.

The festival will be a part of the buffet and will have a rotating menu so that no two days are the same. So, head to Novotel Pune to experience authentic flavours of Thailand.

Where: The Square, Novotel Pune

When: 9th – 17th September 2023, 7:00 P.M onwards

Contact: 8411956581

6, Sep 2023
Moneycontrol exclusive interview: Prime Minister Narendra Modi on G20, global issues, economy, and more

New Delhi, Sep 6, 2023: In an exclusive interview to Moneycontrol days before India readies to host the G20 Leaders Summit, PM Narendra Modi spoke at length on global issues, India’s growth prospects and its role in G20 and the overall economy.

In an hour-long conversation at his 7, Lok Kalyan Marg office with Network 18 Editors, the Prime Minister also shared his views on inflation and the dangers of freebies.

Full transcript:

Q: What was your vision for G20 in India when the Presidency moved to us?

A: If you see our motto for the G20, it is ‘Vasudhaiva Kutumbakam – One Earth One Family One Future’. This captures our outlook towards the G20 Presidency aptly. For us, the whole planet is like one family. In any family, each member’s future is deeply connected with that of every other member. So, when we work together, we progress together, leaving none behind.

Further, it is well known that we have followed the approach of Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas in our country over the last 9 years. It has yielded great dividends in bringing the country together to pursue progress and deliver the fruits of growth to the last mile. Today, there is international recognition for the success of this model, too.

This is our guiding principle in global relations as well.

Sabka Saath – bringing the world together to face collective challenges that affect all of us.

Sabka Vikas – taking human-centric growth to every country and every region.

Sabka Vishwas – winning the trust of every stakeholder through recognition of their aspirations and representation of their voices.

Sabka Prayas – utilising every country’s unique strength and skill in furthering the global good.

Q: You will be hosting world leaders during a time of war and great geopolitical uncertainty. The international order has not been as unstable as this since the Second World War. Amid such a situation, the theme of the G20 summit is Vasudhaiva Kutumbakam, or One World, One Family, One Future. How are the presidents and prime ministers you meet responding to your call for Vasudaiva Kutumbakam and a human-centred approach to solving international problems?

A: To answer this question, it is important for me to speak a little bit about the backdrop in which India became the G20 President. As you said, a pandemic followed by conflict situations posed a lot of questions to the world about existing development models. It also pushed the world into an era of uncertainty and instability.

Over the last many years, the world has been keenly watching India’s growth across many sectors. Our economic reforms, banking reforms, capacity building in the social sector, work on financial and digital inclusion, the pursuit of saturation in basic necessities such as sanitation, electricity and housing, and unprecedented investment in infrastructure have been hailed by international organisations and domain experts. Global investors also showed their confidence in India by creating records in FDI year after year.

So, when the pandemic struck, there was curiosity about how India would fare. We fought the pandemic with a clear and coordinated approach. We took care of the needs of the poor and vulnerable. Our digital public infrastructure helped us reach them directly with welfare assistance throughout. The world’s largest vaccine drive provided 200 crore doses free. We also shipped vaccines and medicines to over 150 countries. It was recognised that our human-centric vision of progress had worked pre-pandemic, during the pandemic and after it. At the same time, our economy was a global bright spot for a long time and continued to be so even when the world was facing the multi-dimensional impact of a conflict.

Meanwhile, over the last 9 years, the world has also witnessed that India was willing to bring various countries together through various initiatives such as the International Solar Alliance and the Coalition for Disaster Resilient Infrastructure, among others. Therefore, there was a widespread acknowledgement of India’s words, work and vision as both inclusive and effective, nationally and internationally. At such a time when global trust in our country’s capabilities was at unprecedented levels, we became the G20 President.

So, when we laid out our agenda for the G20, it was welcomed universally, because everyone knew that we would bring our proactive and positive approach to help find solutions for global issues. As the G20 President, we are also launching a bio-fuel alliance that will help countries meet their energy needs while also empowering a planet-friendly circular economy.

When global leaders meet me, they are filled with a sense of optimism about India due to the efforts of 140 crore Indians across various sectors. They are also convinced that India has a lot to offer and must play a larger role in shaping the global future. This has also been witnessed in their support for our work through the G20 platform.

Q: You have described India’s Presidency of the G20 as the People’s Presidency. Instead of confining it to one or two cities, G20 events have been hosted across the country. What made you decide about the novel idea of democratising G20?

A: Many people are aware of my life after I became Chief Minister of Gujarat. But for many decades before that, I had played organisational roles, both in apolitical and political setups. As a result, I have been blessed with the opportunity to visit and stay in almost every district of our country. For a naturally inquisitive person like me, learning about different regions, the people, unique cultures and cuisines, and their challenges, among other aspects, was a tremendous educative experience. Even as I marvelled at the diversity of our vast nation, there was one common thing that I observed across the country. People of every region and every section of society had a ‘can do’ spirit. They took on challenges with great resourcefulness and skill. They had great self-belief even amidst adversity. All they needed was a platform that empowered them.

Historically, in the circles of power, there was a certain reluctance to think beyond Delhi, particularly Vigyan Bhavan, for hosting national and international meets. This may have been due to convenience or lack of confidence in the people.

Further, we have also seen how even the visits of foreign leaders would be restricted to mainly the national capital or a couple of other places. Having witnessed the capabilities of the people and the wonderful diversity of our country, I developed a different perspective. So, our government has worked on changing the approach since day one.

I have hosted several engagements with global leaders around the country.

Let me quote a few examples. The then-German Chancellor Angela Merkel was hosted in Bengaluru. French President Emmanuel Macron and the then-Japanese Prime Minister Shinzo Abe visited Varanasi. Portuguese President Marcelo Rebelo de Sousa was hosted in Goa and Mumbai. Bangladesh Prime Minister Sheikh Hasina visited Shantiniketan. The then-French President Francois Hollande visited Chandigarh.

Many global meets have also been held in different places outside Delhi. The Global Entrepreneurship Summit was held in Hyderabad. India hosted the BRICS Summit in Goa and the Forum for India-Pacific Islands Corporation Summit in Jaipur. I can go on quoting examples, but the pattern that you can observe here is that this is a great change from the prevailing approach.

Another point to note here is that many of the examples I have quoted are of states that had non-NDA governments at the time. This is also a testament to our firm belief in cooperative federalism and bipartisanship when it comes to national interest.

This is the same spirit that you can see in our G20 Presidency too.

By the end of our G20 Presidency, there will have been over 220 meetings in 60 cities across all 28 states and 8 union territories. More than 1 lakh participants from approximately 125 nationalities will have visited India. Over 1.5 crore individuals in our country have been involved in these programmes or have been exposed to various aspects of them. Holding meetings of such scale and hosting foreign delegates is an endeavour that calls for great capacity building in terms of infrastructure, logistics, communication skills, hospitality and cultural activities, among others. Our democratisation of the G20 Presidency is our investment in the capacity building of the people, especially youth, of various cities across the country. Further, this is yet another example of our motto of Jan Bhagidari – we believe people’s participation is the most important factor in the success of any initiative.

Q: The G20 was set up in 1999 in response to the Asian financial crisis. While a number of international institutions that were established after the Second World War no longer seem fit for purpose, do you think that G20 has been able to fulfil its mandate?

A: I think it would not be right on my part, with India being the President of the G20 right now, to do an evaluation of the G20’s journey over the years.

But I think it is a good question which needs a larger exercise to arrive at the answer. Soon, the G20 will be nearing 25 years of establishment. Such a milestone is a good opportunity to evaluate what objectives the G20 set out with and how far it has been able to achieve them. Such introspection is a necessity for every institution. It would have been wonderful if the UN had undertaken such an exercise when it turned 75 years old.

Coming back to the G20, it would also be a good idea to seek the views of nations outside the G20, especially from the Global South, when it reaches the milestone of 25 years. Such inputs would be very valuable to chart the future course for the next 25 years.

I would like to mention that there are many countries, academic institutions, financial institutions and civil society organisations that continuously interact with the G20, provide ideas and inputs, and also convey expectations. Expectations are built only where there is a track record of delivery and there is trust that something will be accomplished.

India, too, has been active in this forum even before becoming G20 President. From terrorism to black money, from supply chain resilience to climate-conscious growth, we have made important contributions to the evolving discussions and actions over the years. There have also been appreciable developments in global cooperation on these issues after they were raised at G20. Of course, there is always scope for improvement, such as greater involvement of the Global South, and a bigger role for Africa, amongst others. These are the areas that India is working on, during its G20 Presidency.

Q: On one side, there is a lot of talk about the bifurcation of the global order, with blocs led by the United States and China. But on the other side, India has been advocating for a multipolar world and a multipolar Asia. How do you think India is reconciling competing and even divergent interests among G20 nations?

A: We live in a highly interconnected and interdependent world. The impact of technology transcends boundaries and borders.

At the same time, it is also a reality that every country has its own interests. So, a continuous effort to create a consensus on common goals is important. Different forums and platforms for dialogue are the place for this.

The new world order is multipolar. Every country agrees with another country on a few issues and disagrees on others. Having accepted this reality, a way forward is worked out based on their own national interests. India is also doing the same. We have close relations with many different countries, some of which find themselves on different sides on certain issues. But one common factor is both such countries have strong ties with India.

Today, the pressure on natural resources and infrastructure is increasing. At such a time, it is vital that the world strongly stands against the ‘might is right’ culture. It must be recognised that shared prosperity through optimum utilisation of resources is the only way ahead.

In such a context, India has a resource that is perhaps more important than any other kind of resource – human capital which is skilled and talented. Our demography, especially the fact that we are home to the largest population of youth in the world, makes us extremely relevant for the planet’s future. It also gives nations of the world a strong reason to partner with us in the pursuit of progress. In maintaining healthy relations with countries across the globe, I must also commend the role of the Indian diaspora. As a link between India and different countries, they play an influential and important part in India’s foreign policy outreach.

Q: India has been a strong advocate of reformed multilateralism as a priority for G20 so that we have an international order that is just and equitable. Can you elaborate on our vision for reformed multilateralism?

A: Institutions that cannot reform with the times cannot anticipate the future or prepare for it. Without this ability, they cannot create any real impact and end up as irrelevant debating clubs.

Further, when it is seen that such institutions cannot act against those who violate the global rules-based order or worse, get hijacked by such entities, they risk losing credibility. There is a need for credible multilateralism powered by institutions that embrace reform and treat various stakeholders with consistency, equality and dignity.

So far, we spoke about institutions. But beyond this, a reformed multilateralism also needs to focus on going beyond the institutional sphere to tap into the power of individuals, societies, cultures and civilizations. This can only be done by democratising international relations, and by not making government-to-government relations the only medium of contact. Increasing people-to-people contact through avenues such as trade and tourism, sports and science, culture and commerce, and mobility of talent and technology, amongst others, will create a true understanding between different nations, their aspirations and their points of view.

The interconnected nature of our world today can become a strength for peace and progress if we focus on a people-centric policy.

Q: A notable element of your diplomacy has been that India is friends with nearly every country in the world, which is a rarity. From the US to Russia and West Asia to Southeast Asia, you have solidified relationships across the board. Do you think that today India is the trustworthy voice of the Global South in the G20?

A: There are many factors behind the strengthening of India’s relationships with various countries across regions.

After many decades of instability, in 2014, the people of India voted for a stable government that had a clear agenda for development.

These reforms empowered India to not only strengthen its economy, education, health and welfare delivery but also gave the country the ability to become part of global solutions in various domains. Whether it is space or science, technology or trade, economy or ecology, India’s actions have been lauded worldwide.

Whenever any country interacted with us, they knew they were interacting with an aspirational India that was looking to partner with them in their progress while also taking care of its own interests. This was an India that had a lot to contribute to every relationship and naturally, our global footprint increased across regions and even countries that saw each other as adversaries became friendlier with us.

Further, when it comes to the Global South, these are countries with which we empathise. Since we too are part of the developing world, we understand their aspirations. At every forum including the G20, India has been raising the concerns of the countries of the Global South.

As soon as we became the President of the G20, we held the Voice of Global South Summit, which made it clear that we were a voice for the inclusion of those who felt excluded from the global discourse and institutional priorities.

We have given importance to our ties with Africa over the years. Even at the G20, we have given momentum to the idea of the inclusion of the African Union.

We are a nation that looks at the world as one family. Our G20 motto itself says that. In any family, every member’s voice matters and this is our idea for the world too.

Q: This is an El Nino year and the effects of climate change are more visible than ever in the form of flooding and fires. Even though developed countries talk a lot about climate change, they are not meeting their main climate pledge of providing $100 billion in finance by 2020. In contrast, there is an unending supply of money for wars. As a leader who is in tune with the aspiration of the Global South, what is your message to rich nations that are a part of the G20 on this issue?

A: I think there is a need to understand that the way forward is related to changes in scope, strategy and sensitivity. First, let me tell you how a change in scope is needed. The world, whether it is developed or developing countries, needs to accept that climate change is not only a reality but a shared reality. The impact of climate change is not regional or local but is global.

Yes, there will be regional variances in how it plays out.

Yes, the Global South will be affected disproportionately.

But in a deeply interconnected world, anything that affects such a huge population of the planet will surely have an impact on the rest of the world too. Therefore, the solution will have to be global in its scope.

The second factor in which change is needed is in terms of strategy. A disproportionate focus on restrictions, criticism and blame cannot help us tackle any challenge, especially when we seek to do it together. So, there is a need to focus on what positive actions are needed, such as energy transition, sustainable agriculture and lifestyle transformation among others, and give them a greater push.

The third factor in which change is needed is sensitivity. There is a need to understand that the poor and the planet, both need our help. Different countries of the world, especially the Global South, are at the receiving end of the impact of the climate crisis, despite having done very little to create the problem in the first place. But they are ready to do whatever it takes to help the planet, provided the world is ready to do whatever it takes to also help them take care of their poor people. So, a sensitive and empathetic approach that focuses on resource mobilisation and technology transfer can do wonders.

Q: You have been a strong advocate of clean and renewable energy. Even though there is resistance from some energy-rich countries to the accelerated deployment of renewables and the phasing down of fossil fuels, India has shown a steadfast commitment on this issue. What should G20 members do collectively and individually to show that they are indeed dedicated to clean energy deployment?

A: I had earlier mentioned taking a constructive, rather than purely restrictive approach in the response to the climate crisis. Over the last 9 years, India has been exemplifying it.

Let us first speak of the strides we have taken domestically. In the Paris meeting, we had said that we would ensure that 40 percent of our energy would come from non-fossil fuel sources by 2030. We achieved this in 2021 itself, 9 years ahead of our promise. This was made possible not by reducing our energy consumption but by increasing our renewables. The installed capacity of solar energy went up 20-fold. We are among the top 4 nations in the world in terms of wind energy.

The government has been working on providing incentives for the electric vehicle industry. The industry has responded with greater innovation and the people are responding to it with greater openness to try the alternative. The behaviour transformation to avoid the use of single-use plastic became a people’s movement. Safe sanitation and cleanliness are now the social norm. The government is working to popularise natural farming and our farmers are also looking to increasingly adopt it.

Growing and consuming millets, our very own Shree Anna, is now an important topic in our national discourse and is shaping up to be the next mass movement. So, there is a lot that is happening in India that has made a massive impact. Naturally, we have also spearheaded global efforts to bring countries together to care for our planet.

The International Solar Alliance has reached out to the world with the mantra of ‘One World One Sun One Grid’. This has resonated globally and over 100 countries are members. This will help replicate our solar success story in many sun-rich countries.

India has also led the Mission LiFE initiative that focuses on Lifestyle for Environment. If you observe our cultural ethos and traditional lifestyle principles, they are based on moderation and being conscious of the environment. These principles are now going global with Mission LiFE.

Further, there is another way to look at it, which I have explained in multiple forums. Just like health-conscious people make every decision in their lives based on how the decision will impact their health in the long term, there is a need for planet-conscious individuals.

Each lifestyle decision, if made with the planet’s welfare in mind, will benefit our future generations. This is why I said we must move from mindless and destructive consumption to mindful and deliberate utilisation. If you have observed the trajectory of my answer, it is completely focused on taking responsibility and making things happen. Whether it is one country or a collective, when it comes to the climate crisis, it is taking responsibility and making things happen that will make a difference.

Q: While there is increasing inter-connectedness in the world, we are also seeing a trend towards greater national autonomy in securing supply chains as well as their diversification. Do you think geopolitics is now a determining factor in decision-making for global corporations, and what is India doing under the G20 umbrella to facilitate smooth global trade?

A: Geopolitics and related factors can have a significant impact on decision-making in international trade. Instances of unilateralism and isolationism driven by such factors can contribute to supply chain disruptions and impact livelihoods, especially in critical sectors.

This is why, today, investment in creating reliable global value chains is gaining importance.

At the same time, geopolitical factors alone cannot help. Countries need to offer stable policies that encourage trade, industry and innovation. During its G20 Presidency, India is playing a significant role in strengthening the multilateral trading system and promoting rules-based global trade.

We have been able to get global deliberations going on removing bottlenecks that impede the integration of MSMEs in international trade, developing frameworks that could make global value chains resilient towards future shocks and embracing the need to build consensus on WTO reforms.

Q: Unilateral decisions and beggar-thy-neighbour mercantilist policies by some rich and powerful countries are distorting international trade. We are seeing more and more bilateral trade agreements as well as the decline of the World Trade Organisation’s relevance. This affects developing countries more than anyone else. What is the way forward for G20 if we must have equitable trade policies that promote development in the poorest countries?

A: As part of its Presidency, India has been supporting agendas that promote a stable, transparent and fair-trade regime that benefits everyone. The essential role of the multilateral trading system with WTO at its core has been acknowledged while also being committed to working towards necessary reforms, including strengthening WTO rules, restoring the dispute settlement mechanism and concluding new mutually beneficial WTO agreements.

India has also been advancing the interests of the developing world, including the interests of nations not represented in the G20, such as the countries of the African Union.

Further, perhaps for the first time in the history of G20, the troika is with the developing world—Indonesia, India, and Brazil. This troika can amplify the voice of the developing world, at a crucial time when there are increased tensions due to global geopolitics.

Equitable trade policies are certainly a key area of thrust at the G20, as this directly benefits the whole world in the long term.

Q: Debt vulnerabilities have increased for several low-income and middle-income countries. What more do you think must be done by lender G20 states to help these poorer nations overcome debt distress and attain sustainable growth?

A: India’s G20 Presidency in 2023 has placed great emphasis on addressing the global challenges posed by the debt crisis in low-income and middle-income countries.

We have been diligently advocating for the interests of the Global South in this crisis. We are working on strengthening multilateral coordination to facilitate coordinated debt treatment for debt-distressed countries.

At a meeting of G20 Finance Ministers and Central Bank Governors, it was acknowledged that good progress has been made in the debt treatment of both countries covered under the Common Framework and outside the Common Framework.

Additionally, to accelerate debt restructuring efforts, the Global Sovereign Debt Roundtable (GSDR), a joint initiative of the IMF, World Bank, and the Presidency, was launched earlier this year. This will strengthen communication and foster a common understanding among key stakeholders, both within and outside the Common Framework, for facilitating effective debt treatments.

However, there is a larger movement that is happening beyond all these institutional mechanisms. In this information age, news about the debt crisis in one country is travelling to many other countries. People are analysing the situation and awareness is spreading. This is helpful for other countries to take precautionary steps to avoid a similar situation in their own countries, with the people’s support.

In our own country too, on multiple platforms, I have spoken about the need to be alert against financially irresponsible policies. The long-term implications of such policies destroy not only the economy but also society. The poor pay a heavy price. Yet again, the good thing is that people are becoming increasingly aware of the problem.

Q: India has been a pioneer in creating and deploying digital public infrastructure at a scale never seen before. Whether it is UPI or Aadhaar or ONDC, the applications that are being built on top of this infrastructure are having a multiplier effect on the economy. On a global scale, how do you see India’s contribution making a difference?

A: For a long time, India was globally known for its tech talent. Today, it is known for both its tech talent and tech prowess, especially in digital public infrastructure. As you mentioned, a number of initiatives and platforms that took off over the last 9 years are having a multiplier effect on the economy. However, India’s tech revolution has not only had an economic impact but also a deep social impact.

The human-centric model that I was speaking about earlier in our discussion is clearly visible in the way we have used technology. For us, technology is a means to empower people, reach the unreached and take growth and welfare to the last mile.

Today, due to the Jan Dhan – Aadhaar – Mobile (JAM) Trinity, even the poorest and the most vulnerable are feeling empowered because no one can snatch their rights away. The way technology helped us reach crores of people during the pandemic with assistance will always be remembered.

Today, when foreign delegates visit India, they are amazed to see street vendors asking customers to pay through a QR code through UPI. No wonder, India accounted for almost half of the real-time digital transactions that happened in the world! Even other countries are keen on associating with the UPI, so much so that Indians find themselves having the option of paying through UPI even outside India!

Today, lakhs of small entrepreneurs are getting the benefit of having a level playing field in becoming a part of public procurement through the Government e-Marketplace.

During the pandemic, it was a tech platform COWIN which helped us take over 200 crore vaccine doses to the people, free of cost. We also made the platform open-source for the whole world to use.

The ONDC is a futuristic initiative that will revolutionise the tech field by creating a level playing field on digital platforms for a number of different stakeholders.

Drones empowering people with property rights through SWAMITVA scheme, our surge to over a century of unicorns – there are a number of other such achievements that we can discuss. But the important thing is the impact this is having on the world.

Looking at India, countries of the Global South are excited about the opportunity of empowering the poor at a much faster rate, without any leakages, due to technology. This will give momentum to their growth.

Further, having been recognised for our abilities in the tech domain, India’s vision for the future

of global technology is being welcomed at various global platforms.

For example, during our G20 Presidency, a framework to govern digital public infrastructure has been adopted by the Digital Economy Ministers, laying the foundations for the One Future Alliance.

Further, whether it is crypto or cyber terrorism, India’s call for global cooperation on approaching tech-related issues is seen as credible. Because we are a nation that has a deep experience in innovation and adoption of technology in the public domain.

Q: Inflation is a major problem for most countries, including India. Easy monetary and fiscal policies during Covid and the Ukraine war have made inflation the most pressing global economic issue. Is there scope for a better response by rich G20 nations, now and in the future, so that developing countries do not bear the brunt of inflation that is imported into their economies?

A: Inflation is a key issue that the world faces. First, the pandemic and then the conflict have

changed the global inflation dynamics. As a result, both advanced countries and emerging economies are facing high inflation. This is a global issue that needs close cooperation.

During our G20 Presidency, there was a meeting of G20 Finance Ministers and Central Bank Governors. This forum has recognised that there is a need to ensure that policies taken by each country to combat inflation do not lead to negative repercussions in other countries. Further, for this, there is an understanding that timely and clear communication of policy stances by Central Banks is crucial.

As far as India is concerned, we have taken a number of steps to control inflation. Even in the face of adversities and global dynamics, India’s inflation was two percentage points lower than the global average inflation rate in 2022. Yet, we are not resting at that and are continuing to make pro-people decisions to boost ease of living. For example, recently on Raksha Bandhan, you saw how we reduced the prices of LPG for all consumers.

Q: India is currently the fifth-largest economy in the world. We are projected to become the third-largest economy in 2027. What are the implications for G20 and for the rest of the world of a stronger and more prosperous India?

A: India became the fifth-largest economy and it is indeed something that is important. But the way our country did it, I think, is as important. It is a feat achieved because there is a government that is trusted by the people and in turn, the government too trusts the capabilities of the people.

It is a privilege and honour for us that the people have placed unprecedented trust in us. They gave us a majority mandate not just once, but twice. The first mandate was about promises. The second, even bigger mandate, was about both performance and the future plan we had for the country. Due to this political stability, every other sector could see deep structural reforms. The economy, education, social empowerment, welfare delivery, infrastructure – I can keep on mentioning sectors that have seen reforms.

As a result, foreign direct investment into India is breaking records year after year, export records are being broken in both services and goods, Make in India has taken off with great success across sectors, startups and mobile manufacturing have done wonders, infrastructure creation is happening at a pace never seen before and all of these adding up to a huge number of job opportunities for our youth. The benefits of growth are being taken to the last mile. A comprehensive social security net protects our poor while the government is assisting them at every step in their battle against poverty. With over 13.5 crore of our people coming out of multidimensional poverty in just 5 years, an aspirational neo-middle class is taking shape and this section of society is poised to push growth even further.

It must specifically be noted that women are emerging as the driving force of our growth journey. Many development initiatives are seeing them come to the forefront, be it financial inclusion, entrepreneurship or cleanliness. From space to sports, start-ups to self-help groups, every sector that is on an upswing is seeing women taking the lead. With the G20, now, the message of women-led development is making waves all over the world – this is the power of Indian women. The cumulative momentum building up from the empowerment of the poor, youth, women and farmers will certainly make India one of the top 3 economies of the world in the near future.

India’s growth is not only good for Indians but also for the world. India’s growth is clean and green growth. India’s growth is being achieved with a human-centric approach that can be replicated in other countries too. India’s growth helps further the interests of the Global South. India’s growth helps bring a sense of reliability and resilience to the global supply chain. India’s growth is for the global good.

Q: Prime Minister, you are 72 years old, but your energy levels will put much younger people to shame. What keeps you hungry and active?

A: There are many people across the world who make complete use of their energy, time and resources towards a mission. It is not that I am alone or exceptional in this respect.

For many decades before I entered politics, I was actively working with society at the grassroots level, amidst the people. One of the benefits of this experience was that I came across many deeply inspiring people who dedicated themselves completely to a cause. I learnt from them.

A second aspect is the difference between ambition and mission. When someone works due to ambition, any ups and downs that they encounter can unsettle them. Because ambition comes from attachment to position, power, comforts, etc.

But when someone works for a mission, then there is nothing to gain personally and therefore, ups and downs cannot affect them. Being devoted to a mission is a constant source of unending optimism and energy. Further, a sense of mission is also accompanied by a sense of detachment from unnecessary matters which helps focus energy fully on the important things.

My mission is to work for the development of my country and my people. This gives me great energy, especially because there is a long way to go for us.

I had mentioned earlier as well that even before I became the Chief Minister of Gujarat, I had visited and stayed in almost every district in India like a common man. I have seen first-hand, lakhs of examples of people living hard lives. I have seen their determined spirit and strong self-belief in the face of great adversities. We have a great history and all the ingredients for greatness are still there in our people.

I have firm faith that our country has a lot of untapped potential and has a lot more to offer to the world. All our people need is a platform from which they can do wonders. The creation of such a strong platform is my mission. It keeps me motivated all the time. Apart from this, of course, when one is devoted to a mission, at a personal level, it takes discipline and daily habits to maintain a healthy body and mind, which I certainly take care of.

6, Sep 2023
Jiwanram Sheoduttrai Industries Ltd.’s Rs 17.07 crore SME IPO opens for subscription on September 8, 2023

Jiwanram Sheoduttrai Industries Ltd.'s Rs 17.07 crore SME IPO opens for subscription on September 8, 2023

Kolkata, September 5, 2023… SME IPO of Jiwanram Sheoduttrai Industries Ltd. (JSIL) engaged in the business of manufacturing of Industrial garments and Safety Gloves and a significant player in the global and domestic personal protective equipment (PPE) market, is scheduled to open for subscription on Friday, September 8, 2023. Company is planning to raise Rs. 17.07 crore to meet the working capital requirements, repayment of certain unsecured loans availed by the company, general corporate purpose and to meet the offer expenses as per the Prospectus.

Last date for subscribing for the public issue is on Tuesday September 12, 2023. Jiwanram’s issue is being managed by Affinity Global Capital Market Private Limited (AGCMPL), a Category I Merchant Banker registered with SEBI. Company’s shares will be listed on the NSE EMERGE Platform. Registrar to the offer is Cameo Corporate Services Limited and Giriraj Stock Broking Pvt. Ltd. is the market maker to the Issue. Mrs. Anupama Prakash is the Chief Financial Officer.

The initial public offering will comprise a fresh issue of 74,22,000 and no offer for sale (OFS) at a fixed price of Rs. 23/- per equity share aggregating upto Rs 17.07 crore. The face value of the equity shares is Rs 10 each and the issue price is 2.30 times of the face value of the equity share. The application must be for a minimum of 6,000 equity shares and in multiples of 6,000 equity shares thereafter which translates into Rs 1.38 lakh per application.

Sharing more details, Alok Prakash, Promoter and Managing Director, Jiwanram Sheoduttrai Industries Ltd. said, “We are committed to bring excellence to the global and domestic industrial safety and personal protection equipment market through high quality products, innovation and cutting edge technology. We are not only strengthening our existing customer base but also sampling products for new customer segments. We are planning to venture into casual work wear which is a natural extension to our current product portfolio. Last couple of years, we have been focused on acquiring new customers and solidifying our domestic presence. We are hopeful that after the proposed public issue, we will be able to execute our growth strategy in a manner that creates exponential value for all our stakeholders while consistently delivering high quality products.”

Out of the issue proceeds, company will utilize Rs 2 crore for repayment/prepayment of certain borrowings, Rs 9.1 crore for working capital, and Rs 3.2 cr. for general corporate purposes. Post Issue the share capital of the company will increase to Rs 24.74 crores from Rs 17.32 crore before the public issue. Promoters and Promoters Group holds a 99.996 percent stake in the company. Post-IPO promoter group holding will be 70.01 percent.

The initial public offering of upto 74,22,000 equity shares of face value of Rs. 10 each (“EQUITY SHARES”) of the company for cash at a price of Rs. 23 per equity share (including a share premium of Rs. 13 per equity share) (“OFFER PRICE”) aggregating upto Rs. 1,707.06 lakhs (THE “OFFER”) comprising totally as fresh issue aggregating up to Rs. 1,707.06 lakhs by the company (THE “FRESH ISSUE”) of which up to 3,72,000 equity shares of Rs 10 each will be reserved for subscription by market maker to the issue (THE “MARKET MAKER RESERVATION PORTION). The issue less market maker reservation portion i.e. issue of upto 70,50,000 equity shares of Rs. 10/- each is hereinafter referred to as the “NET ISSUE”. THE OFFER AND THE NET OFFER will constitute 29.99 % and 28.48% of the post-issue PAID-UP EQUITY SHARE CAPITAL of the company.

The promoters of the company are Mr. Alok Prakash – MD, Mrs. Anupama Prakash – CFO, Mr. Gyan Prakash and Alok Prakash (HUF). Growing at 20%, the company’s current turnover is INR 42 crore with a PAT of INR 4 crore and 9.5% PAT Margin. For FY21-22 company reported revenues of Rs 34.2 crore and Net Profit of Rs 1.5 crore.

Jiwanram Sheoduttrai Industries Limited began producing PPEs when it first began business in 1997. The company built a cutting-edge production plant and began exporting to the United States, Spain, Germany, and Belgium. JSIL has distinguished itself in the market as it has grown, notably in Europe, America, and the Middle East, with its high-quality products. JSIL has more than 20 years of experience in the industrial safety sector. Its geographic reach extends to more than 20 nations.The company first produced industrial safety gloves before progressively expanding its offering in the industrial garment industry. The company has expanded into one of the top exporters and technology-driven safety solutions providers in India, 10 other countries, and 6 other states, with 3 manufacturing facilities.

The personal protective equipment market (PPE Market) was valued at USD 68.5 billion in 2022 and is projected to shrink by 1.3% between 2022 and 2027 to reach USD 64.2 billion. The manufacturing and construction sectors’ rising need for personal protection equipment is one of the key drivers fuelling market expansion.

The company has registered with the Government e-Marketplace (GeM) under the Quality Council of India as an Original Equipment Manufacturer (OEM). The purpose of this action was to strengthen the company’s position in the domestic market. For some of the brand owners in the work and casual clothing market, JSIL has been giving employment opportunities.

6, Sep 2023
23 percent plan to shop using E-commerce platforms – Axis My India September CSI Survey

23 percent plan to shop using E-commerce platforms - Axis My India September CSI Survey

Bangalore, 6th September 2023: Axis My India, a leading consumer data intelligence company, unveils the latest insights from the India Consumer Sentiment Index (CSI), revealing noteworthy trends in consumer behavior. The report showcases a diverse range of data, such as the 3% decrease in overall household spending for this month compared to the previous month. Notably, 23% of respondents are anticipating increased shopping activities during the upcoming festive season, reflecting a positive sentiment towards holiday spending. Additionally, 44% of those intending to maintain their pattern of participation in e-commerce festive sales this year plan to spend more than last year. These numeric insights provide a quantitative backdrop to the evolving consumer landscape, guiding market strategies for the festive period.

The September net CSI score, calculated by percentage increase minus percentage decrease in sentiment, is at +8, which is same as last month (+8). However, the score reflects a dip of -2 from last year September 2022 (+10)

The sentiment analysis delves into five relevant sub-indices – Overall household spending, spending on essential and non-essential items, spending on healthcare, media consumption habits, entertainment & tourism trends.

The survey used Computer-Aided Telephonic Interviews and included 5048 participants from 35 states and UTs. Among them, 68% were from rural areas and 32% from urban areas. In terms of regions, 22% were from the North, 24% from the East, 28% from the West, and 26% from the South of India. Among the participants, 62% were male and 38% were female. Looking at the largest groups, 29% were aged between 36 and 50 years old, while 27% were aged between 26 and 35 years old

Commenting on the CSI report, Pradeep Gupta, Chairman & MD, Axis My India, said” “As we approach the festive season, our insights paint an encouraging picture for the retail landscape. A significant number of respondents are ready to elevate their shopping experiences, while others are poised to maintain their spending levels. E-commerce continues to play a pivotal role, with an increasing interest in festive online sales. This evolving trend suggests a promising market dynamic. As consumer preferences shape the retail arena, we anticipate a vibrant festive shopping spree ahead, reflecting a positive and forward-looking trend.”

Key findings

· Overall household spending has increased for 55% of the families, which is a decrease by 3% from last month. Consumption remains the same for 35% of families. The net score, which was +46 last month is +45 this month.

· Spends on essentials like personal care & household items have increased for 41% of families, which marks a decrease by 3% from last month. Consumption remains the same for 40% of families. The net score, which was at +23 last month has dipped to +22 this month.

· Spends on non-essential & discretionary products like AC, Car, and Refrigerators have increased for 6% of families, which is the same as last month. Consumption remains the same for 87% of families. The net score, which was 0 last month is at -1 this month.

· Expenses towards health-related items such as vitamins, tests, healthy food has surged for 34% of the families. This reflects an increase in consumption by 1% from last month. Consumption remains the same for 47% of families. The health score which has a negative connotation i.e., the lesser the spends on health items the better the sentiments, has a net score value of -15 this month.

· Consumption of media (TV, Internet, Radio, etc.) has increased for 19% of families, depicting a decrease in media consumption percentage by 1% from last month. The net score, which was -7 last month is at -4 this month. Media consumption remains the same for 58% of families.

· Mobility has increased for 9% of the families, which is an increase by 2% from last month. The net score, which was -2 last month has improved to -1 this month. Mobility remains the same for 81% of the families.

On topics of current national interest

· The survey delved into consumers’ intentions regarding their shopping preferences for the upcoming festive season. Notably, 23% of respondents plan to shop more during the festive period as compared to last year. Additionally, 28% of participants revealed their intention to maintain their spending habits at the same level as before, hinting at a stable consumer sentiment. These responses highlight the potential shifts in consumer behavior and their possible impact on the market.

· The survey explored respondents’ prior and potential involvement in festive sales organized by e-commerce giants like Amazon and Flipkart. Significantly, a notable 23% of participants confirmed their past participation in such events and expressed their intent to maintain this pattern this year as well. Additionally, 11% of those who had not engaged in festive online sales before expressed their interest in participating this year. Conversely, 7% acknowledged their previous engagement but revealed their decision not to partake this year.

· Of 23% of those who intent to maintain the pattern this year, 44% said they will be shopping more through e-commerce mediums as compared to last year. These insights provide a comprehensive understanding of consumers’ past and evolving attitudes towards e-commerce festive sales, shaping strategies for these platforms.

· The survey explored participants’ inclinations towards investment in the Indian stock market or other financial assets in the upcoming months. Notably, a mere 6% expressed an intention to invest more, while 10% indicated plans to invest less. Meanwhile, 5% are projected to maintain their investment levels. These insights provide a snapshot of the current sentiment towards financial market investments, emphasizing the diverse attitudes among the surveyed individuals. Notably, a significant 79% still don’t invest in stocks.

· The survey inquired about participants’ perceptions regarding the potential movement of the stock exchange (SENSEX) beyond the threshold of 70,000 before the festive period of Dussherra/Diwali this year. Encouragingly, 46% of respondents who invested expressed optimism that such a milestone could be achieved. Furthermore, 8% were uncertain about the market’s trajectory. These findings underscore the diverse range of opinions prevalent among respondents, reflecting the complex and multifaceted nature of stock market predictions.

· The survey delved into participants’ perspectives on the government’s economic policies and their perceived influence on the nation’s growth. Impressively, 64% of respondents expressed a confidence in the effectiveness of policies such as Pradhan Mantri Jan Dhan Yojana and Pradhan Mantri Mudra Yojana.

· The survey inquired about respondents’ awareness of the forthcoming 2023 ODI World Cup being hosted in India. Encouragingly, 70% of participants confirmed their awareness of this prestigious sporting event taking place in the country. It highlights the fact that a substantial majority of respondents are cognizant of the global cricket event’s occurrence on Indian soil, reinforcing the event’s prominence and reach among the surveyed audience.

· The survey sought to ascertain respondents’ preferences regarding their anticipated viewing platforms for the upcoming 2023 ODI World Cup set to unfold in India. The findings reflect a diverse array of choices. Notably, 47% of respondents expressed their intention to tune in via traditional television, utilizing DTH or cable services. Demonstrating the increasing influence of digital trends, 27% indicated their inclination to follow the event on their mobile devices. A notable 9% exhibited enthusiasm to experience the tournament live by planning to attend matches at the stadium. These preferences underscore the multi-faceted avenues through which individuals are gearing up to engage with the international cricket spectacle, embracing both traditional and contemporary viewing modes.

6, Sep 2023
Finezza Joins Hands with EPL as one of the Merchandise Partners for its Third Season

Finezza Joins Hands with EPL as one of the Merchandise Partners for its Third Season

New Delhi, 6th September 2023 – Finezza, a leading name in Metal Fabrication, is excited to announce as one of the Merchandise sponsors for the highly anticipated third season of the Entrepreneurs Premier League (EPL). EPL, organized by Delhi NCR Entrepreneurs, brings together entrepreneurial prowess and sportsmanship in a unique and thrilling manner.

EPL Season 3 is all set to commence on August 27th, 2023, at the Vinay Marg Sports Complex, Chanakyapuri. The season promises an engaging fusion of business acumen and sports fervor, offering entrepreneurs a chance to shine both on and off the field. The grand finale is scheduled for October 8th.

Six teams, comprising a total of 90 entrepreneurs, will vie for supremacy in this season of EPL. The participating teams – Toreto Bang, Mavericks, UAPL XI, Modi Infosol XI, XSYS DKDC Stars, and KVE SuperGiants – are primed to deliver an exhilarating display of teamwork and innovation.

“At Finezza, we believe in pushing boundaries and delivering excellence. Partnering with the Entrepreneurs Premier League aligns perfectly with our values, as we witness entrepreneurs pushing their boundaries beyond the corporate realm,” said, Mr. Vasudev Gupta, Director at Finezza. “Sports have an incredible power to instill discipline, teamwork, and a winning mindset. We firmly believe that leagues like EPL contribute significantly to the entrepreneurial ecosystem by fostering qualities that are vital for success – determination, strategic thinking, and collaboration,”

As the league brings together entrepreneurial brilliance and sportsmanship, Finezza is excited to contribute to an event that celebrates innovation, dedication, and teamwork. The sponsorship reaffirms Finezza’s commitment to supporting initiatives that foster growth and innovation within the entrepreneurial community.

Finezza is a leading Metal Fabrication company with a passion for delivering high-quality Products to clients across various industries. The company is committed to providing clients with exceptional craftsmanship, using state-of-the-art technology and equipment to ensure that every project is completed to the highest standards. Finezza works in Architectural Metal Fabrication products like Luxury Gates & Railings in Mild Steel, Stainless Steel, Aluminium, Brass Cast Iron, etc with 510 satisfied clients and 1008 metalworks Finezza provides services in steel welding, metal works, pipe welding, manufacturing, fabrication, and Aluminium systems.

6, Sep 2023
Empowering Youth to Unlock Full Potential from Job Seekers to Job Creators: Dharmendra Pradhan, Education Minister

Empowering Youth to Unlock Full Potential from Job Seekers to Job Creators:  Dharmendra Pradhan, Education Minister

NEW DELHI, 06 September 2023: In a historic gathering poised to redefine India’s educational landscape, a series of Memorandums of Understanding (MoUs) were solemnized, heralding a new era of experiential learning. The event, aptly titled “Transforming Education Through Experiential Learning,” unfolded on September 5, 2023, at 12 noon, within the esteemed confines of the Stein Auditorium at the India Habitat Centre, New Delhi.

Distinguished dignitaries graced the occasion, with Shri Dharmendra Pradhan, the Hon’ble Union Minister of Education, Skill Development, and Entrepreneurship, presiding as the Chief Guest.

The signing of these transformative MoUs at this landmark event united influential stakeholders from the educational sector, industry leaders, and government entities in a collaborative effort to instigate innovation and embrace experiential learning within Indian education. These agreements symbolize a collective endeavor to empower students, educators, and entrepreneurs, fostering a dynamic and all-encompassing approach to education.

This event provided an invaluable forum for the cross-pollination of ideas and the nurturing of partnerships between academia, industry, and government bodies.

Shri Dharmendra Pradhan, Hon’ble Union Minister of Education, Skill Development, and Entrepreneurship, remarked: “This event signifies a pivotal moment in the annals of Indian education. Our commitment is resolute in endowing our students with a comprehensive and groundbreaking learning experience. Experiential learning is the catalyst that will unlock our youth’s full potential, transforming them from mere job-seekers into job-creators.”

Prof TG Sitharam, Chairman, AICTE articulated: “”In a momentous collaboration, AICTE joins forces with industry giants Salesforce, Microsoft, Cisco, and Adobe on Teacher’s Day, marking a significant stride towards a Skilled India. These strategic MoUs aim to enhance faculty capabilities and equip students with digital learning solutions, skill mapping, and industry-relevant training. Our vision is to prepare the youth for an ever-evolving future. Education alone isn’t enough; we must empower students with practical skills for the dynamic world ahead.

This partnership represents an ecosystem where academia and industry unite to tackle challenges and nurture innovation. AICTE also pioneers educational reforms by introducing minor degree programs in emerging fields like AI, data science, robotics, and cybersecurity. By teaming up with Adobe, Microsoft, Cisco, and Salesforce, we create a future-centric paradigm, embracing technology’s transformative power. This collaboration promises professional growth for students, educators, and business leaders, paving the way for a generation ready to shape tomorrow’s world. Together, we chart a course towards a brighter, more skilled India.”

A Representative from Microsoft said that the tech giant firm is committed to empowering the next generation of innovators. Through our collaboration with AICTE and this historic MoU, we aim to provide students with the tools and technologies they need to excel in the digital age.”

Cisco Representative: “Cisco believes that education should be an immersive and transformative experience. Our partnership with AICTE marks a significant step towards equipping students with the skills necessary to thrive in a technology-driven world.”

Adobe Representative: “Adobe is dedicated to fostering creativity and digital literacy. We are proud to join hands with AICTE in this endeavor, ensuring that students have access to industry-standard creative tools that will shape their artistic and professional journeys.”

This event promises to etch an indelible mark on the evolution of education in India, as stakeholders unite in a concerted effort to illuminate a brighter path for the nation’s burgeoning youth.