phd chamber bulletin

PHD CHAMBER BULLETIN

Vol. XL No. 11NOVEMBER-2018 ` 25

2 | PHD Chamber Bulletin November 2018

PHD Chamber Bulletin November 2018 | 3

C O N T E N T S

Monthly news bulletin of PHD Chamber

President Mr. Rajeev Talwar

Senior Vice President Mr. D. K. Aggarwal

Vice President Mr. Sanjay Aggarwal

Editor:Dr Mahesh Y Reddy Secretary General

For further information and feedback, please contact:PHD CHAMBER OF COMMERCE AND INDUSTRY

PHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi-110016

Phone : 91-11-26863801-04 Fax : 91-11-26855450 Email : [email protected] Website : www.phdcci.in

India Inc. is the official publication of PHD Chamber of Com-merce and Industry and any part of the publication may not be reproduced or transmitted in any other form in whole or in part without the written permission of the publishers. The opinions and views expressed within this publication are not necessarily those of the publishers. The publishers regret that they cannot accept liability for errors or omissions in this issue.

CONTENTS

Production Editor:Ms. Neelu Kapoor

• PRESIDENTWRITES 5• NEWLEADERSHIP 7• 113THANNUALSESSION 10• CHAMBERATWORK 22• FOCUSSTATES 67• COHESIVEINTERFACE 88• HORIZONS• IFFCOTokioPutsItsVisionInAction 94

• KNOWYOURAMBASSADOR 96• EXPRESSIONS•MakeinIndia:TheLioncontinuouslyonmove 98•Whyorganizationsshouldinvestinteambuilding 101•InstitutionalArbitration:UrgentActionstoPopularise 102•HowAlaskawasPurchased 104•FlightTested 105•StainlessSteel-Knowitbetter 106

• ECONOMYWATCH• PolicyPronouncementsandDevelopments 108

• HEADWAY•SkillDevelopmentInitiatives 112•TowardsInclusiveGrowth 113

• COMMUNIQUE• NewMoUs 120• NewMembers 122• ForthcomingEvents 123•MediaBuzz 124• InternationalExhibitions 129

• ARCHIVES 130


President’s MessageFriends,

Overwhelmedby the faithbestowedonmeforleadingthisprestigious114yearsoldChamber,Iamfilledwithgratitude.Mytermbegins with an opportunity to plan newerstrategies,whereintheChambercanbecomea powerhouse to advocate policies forcreating a ‘Prosperous India’, my ChosenMottoforthecurrentyear.Iaminfusedwithenormous enthusiasm to move forward,aim high and takeoff in sync with PrimeMinister Modi’s recent statement, “Indiais witnessing rapid economic and socialchanges.Thecountryisgoingthroughabigtransformation.Wearemarching towardsaNewIndia.”

ImustopinethatNewIndia’sprosperitylies in the country’s capability to reachhigher economic growth with the benefitsof improved competitiveness percolating toeach and every citizen of the society. Thepropellingforcebehindthisisinnovationandan inclusive economyas90percent of theincrease in per capita income comes fromtechnological up-gradation with a targetaudienceofmorethan700milliontechnologyusers. Having said this, I am positive thatIndiawillleadthefourthindustrialrevolution,marked by a fusion of technologies. Thisought to be possible as our key strengthis India’s vast demographics that are tech-savvy and the huge increase in data usageandtheDigitalIndiacampaign.

The Indian economy grew at 8.2 percent in theApril-Junequarterof thecurrentfiscalyear2018-19,amarkedimprovementfrom6.7percent inFY2017-18stimulatedbymajorreformswhentheglobaleconomywasslow.TheWorldBankhasforecastGDPgrowthof7.3percentinFY2018-19and7.5percentinthenexttwoyears.IMFhasalsoprojected that Indiawill grow atmore than7 percent in FY 2018 and FY 2019, muchaheadofothermajoreconomies.

I wholeheartedly commend the WorldBank’s ‘Ease of Doing Business’ rankingsfor2019wherebyIndiajumped23placestoreach77amongst190countries,becomingthe top rated country in South Asia for thefirst time. This significant improvementis attributed to the recent policy reformswhichhaveimprovedtheinvestmentclimateand eased inflows of FDI. FDI reachedover US$ 62 billion in 2017-18. Further,the government’s initiatives such as Makein India, Skill India, Digital India, SmartCities, Clean India and Start-up India haverevealed new opportunities. India is also

rapidly expanding its infrastructure throughthe government’s flagship programs.The Indian transport sector is evolvingsignificantly, driven by higher investments,mega infrastructure projects and prudentregulatory policies. The increasing use ofrenewableenergysuchassolarandwindarebeingpromotedtoprovidesolutionstomeetthecountry’senergyshortages.

I must highlight here that momentumin investment holds the key for sustaininghighergrowthpaththathasbecomeevidentinthelasttwoquartersofthisyear.IconcurwithexpertsthatprivateinvestmentiscriticaltosustainIndia’sinfrastructurerequirement.For this, new Public-Private Partnershipframeworksneedtobemodifiedforspeedyresolutionof stressed assets and for bettercreditfinancing.Also,structuralreformsneedtobeexpeditedtoenabletimelyclearances,effectivelandacquisitionlaws,flexiblelabourmarkets and skillingworkforce, all that willhelp increase the current sluggish privateinvestment.

Going ahead, I would like to sharemyfuture action plan for the Chamber for theforthcoming year. The role of Indian Statesis becoming increasingly important insustainingdevelopmentofournation.Inthiscontext, our newly formed State Chapterswillinteractonaregularbasiswiththestategovernmentstohelpthemframepoliciesforthebenefitof the industryandthecommonman.

The Chamber will continue its drivetowardsforgingstrongeconomicbondswithworldeconomiesbysettingup internationaloffices.Last year,weestablishedoffices inBahrain,forthesixGCCcountriesandNepalfor expanding economic and investmentrelations.Ourmembercompanieshavebeenparticipating in various exhibitions all over

theworldandwillcontinuetodosomorethisyearundertheMAIscheme,bringingfurtherlaurelstoIndia.

Toensureourcontinuingproactiverole,the Chamber last year signed a numberof domestic and international MoUs withInternational and state governments,Chambers of Commerce, educationalinstitutions, think tanks and partnerorganizations. I plan to further engage ininternational and national dialogues byimplementingthenumerouscollaborations.

AsanapexChamberofCommerceandIndustry,wearecommittedtodeliverthebestpossible services and provide exceptionalvalue to our industry members in ourseven thrust areas-Industrial Development,Education and Skill Development,Infrastructure, Health, Affordable Housing,Agriculture & Agri-business and DigitalIndia. Aswe usher a prosperous India, theChamber will continue to provide valuablesupport to the MSMEs through our MSMEand Intellectual Facilitation Cells to ensurethat central government schemes aremade available for the benefit of new-ageentrepreneurs and start-ups having thepotential to create globally competitivebusinesses from India.Wewill also play apositiveroleinskillingthelivesofurbanpooraswellastheruralmassesthroughourRuralHealth and FamilyWelfare Foundations andCSRinitiatives.

As President of the Chamber, I amdevoted to support the government forworking“TowardsaProsperous India.”TheChamber will continue to promote ethicaland international business practices andconcentrateitspolicyadvocacyrolethroughitsresearchandawarenessprograms.

Indianeedstopickuppaceofbeinganinnovativeeconomy,wherecompetitivenessand social progress both are essential tocreate a prosperous nation. This very wellsynchronizeswithLateA.P.J.AbdulKalam’squote, “India should walk on her ownshadow-wemusthaveourowndevelopmentmodel” and having said this reaffirms ourcommitmenttowardsaNewIndiaofsharedprosperity and excellence. I would also domyutmosttoachievenewmilestonesduringthe year and look forward to your supportand guidance so that togetherwe can takethe Chamber to achieve greater progress,harmony and development and make thePrime Minister’s vision of “Sab ka Saath Sab ka Vikas”areality,as“India is going to be the driving engine of world growth”intheyearstocome.

MESSAGE


NEW LEADERSHIP

NEW LEADERSHIPMr.RajeevTalwaristheCEOandWholeTimeDirectorofDLFLimited,India’slargestRealEstateCompany.Mr.Talwarhasrichanddiversifiedexperiencespreadover40years,bothasabureaucrataswellasinleadershiprolesintheprivatesector.Mr.TalwarhasbeentheChairmanofvariousRealEstateCommitteesofseveralIndustryChambers andAssociations andhasbeen actively pursuing issues and challenges facedby thesector.HeistheChairmanoftheNationalRealEstateDevelopmentCouncilandisalsotheViceChairmanoftheWorldTourismandTravelCouncil,IndiaInitiativeandwilltakeoverastheChairmanoftheCouncilinDecember2018.In1978,hewasselectedfortheIndianAdministrativeServicesandduringhistenureasanIASofficer,from1978to2006,heheldmanysecretarialpositionsintheCentral&StateGovernmentsaswellasUnionTerritories.Mr.Talwarwithhisvisionofa“ProsperousIndia”believesthatactiveparticipationofbothpublicsectorandprivatesectorisinevitablefortheoverallgrowthprocessinthecountry.

Mr. Rajeev Talwar, President, PHD Chamber

Mr.AnilKhaitan,ChairmanofSNKCorpjoinedthefamilybusinessin1976.Hehasdiversifiedbusinessesrelating to jute, paper, pharmaceuticals, copper & steel industry, apart from managing his internationaloperationsofhiscompanyinAtlanta.Mr.KhaitanispresentlyamemberofWorldPresidents’Organization,institutional member of AIMA & DMA and is also a Director of Board of Studies, AIMA andmember ofGoverningCouncilofNewDelhi,InstituteofManagement.Inadditiontobusinessexpertise,Mr.Khaitanhasalwayshadagreatzeal to learnandexperience thenatureand lifearoundhim.His favouritequote,“THEONLYTHINGPERFECTINTHEWORLDISNATURE”hasbeentrulyfollowedbyhiminhispersonallifeandadventures.Heisanavidsportsloverofgolfandtennis,practitionerofyogaandmeditationandisinterestedinmusicandtheatre.

Mr. Anil KhaitanImmediate Former President, PHD Chamber

Mr.SanjayAggarwalisChairman&CEOofParamountCablesGroup.Mr.AggarwalhasbeenanintegralpartofthegrowthstoryofParamountCablesfromaRs.1croresmallscaleindustrialunittooneofthelargestcablemanufacturersinIndia.AsVice-PresidentofTEMA-TelecomEquipmentManufacturersAssociation,Mr.Aggarwalhasalsobeentherecipientofnumerousprestigiousawardsoverthepast34yearswhichincludetheNationalSmallIndustryAward1984bestowedbythePresidentofIndia,EntrepreneuroftheYearAward1994byAllIndiaManufacturersOrganization,NiryatShreeAward2008-09byFIEO,numerousStarExporterAwardsbyEEPCovertheyearsandMajorDonorAward2017byRotaryFoundationofRotaryInternational.

DrMaheshYReddybecametheSecretaryGeneralofPHDChamberofCommerceandIndustryonOctober6,2018.Prior tobecoming theSecretaryGeneral of theChamber, hehasservedasDirectorGeneral ofInfrastructureIndustryandLogisticsFederationofIndiaandalsowithFICCIinvariouscapacitiesincludingas itsAssistantSecretaryGeneral.DrReddywithhisvastexperiencehas represented Indian industryonseveralgovernmentandindustrycommitteessuchasMemberSecretary,ExpertCommitteeoftheMinistryofRailways,SecretaryandCEOofAllIndiaShippersCouncil,SecretaryGeneralofAssociationofShippersCouncilofBangladesh,India,Pakistan&SriLankaandMemberofDevelopmentCouncilforTextileIndustry,MinistryofTextilesandhasalsobeenassociatedwiththeBureauofIndustrialCostsandPrices.

Mr. Sanjay AggarwalVice President, PHD Chamber

Dr Mahesh Y ReddySecretary General, PHD Chamber

Mr.D.K.AggarwalistheChairman&ManagingDirectorofSMCInvestmentsandAdvisorsLtd.,CMDofSMCCapitalsLtd,PresidentofSMCGlobalSecuritiesLtd.,ChairmanofSMCComtradeLtd.,ChairmanofSMCRealEstateAdvisorsPvt. Ltd. andDirector ofSMCComex InternationalDMCC (Dubai).Withover twodecadesofexperienceinthesecuritiesmarket&financialservices,Mr.AggarwalhasbeenconferredwithnumerousprestigiousleadershipawardsincludingtheDistinguishedEntrepreneurshipAward2015byPHDChamber,thetop30MostSuccessfulEntrepreneurof2017bytheCEOMagazine,InternationalGoldStarMillenniumAwardGlobalIndian,OutstandingNationalCitizensawardbyNationalCitizenGuild,RashtriyaUdhyogRattanawardbyAllIndiaAchieversConference,IPE-BFSILeaderawardbyAsianConfederationofBusinessesforsettinganexampleofaRoleModelandExemplaryLeaderandBrandSlamLeadershipAwardbyCMOAsia.

Mr. D. K. Aggarwal, Senior Vice President, PHD Chamber


113th Annual Session Let’s Walk Our Talk: India @ 2022

First Power Panel on Synergizing E-Commerce and Brick and Mortar Retail Businesses

PHD Chamber at its 113th AnnualSessionheldonSeptember28,2018atDr.AmbedkarInternationalCentre,

Windsor Place, New Delhi organized aPower Panel discussion on ‘SynergizingE-Commerce and Brick and MortarRetail Businesses’whichwasmoderatedby Mr. Sumit Duggal, Chairman of theE-Commerce Committee, PHD Chamber,andCo-founderofSignCatchInc.

At the outset, Mr. Anil Khaitan,President, PHD Chamber spoke on howa trilliondollar retail Industry in India stillhas only 8 percent of organized retailandofwhichonlyabout2.2%comprisesof E-Commerce. Mr. Khaitan opined thata lot needs to be done by the SMBs intheirDigital enablement inorder for IndiatocompeteatatrulyglobalstagewithUSandChina.

Esteemed Panel Speakers included,Mr. Chandra Balani, Head, BusinessDevelopment,EastIndia&SAARC,AmazonWeb Services; Mr. Krishnan Chatterjee,Chief Customer Officer & Head of IndiaMarketing,SAPIndia;Mr.KamalenduBali,Senior Director, Concentrix India and Mr.Varun Bapna, Vice President, AmketteIndia.

113th Annual Session

Mr. Sumit Duggal, Chairman, E-Commerce Committee, PHD Chamber and Co-Founder, SignCatch Inc; Mr. Krishnan Chatterjee, Chief Customer Officer & Head of India Marketing, SAP India; Mr. Varun Bapna,Vice President , Amkette India; Mr. Anil Khaitan, President, PHD Chamber; Mr. Rajeev Talwar, Senior Vice President, PHD Chamber; Mr. Chandra Balani, Head, Business Development, East India & SAARC, Amazon Web Services and Mr. Kamalendu Bali, Senior Director, Concentrix India

Mr. Anil Khaitan, President, PHD Chamber; Mr. Sumit Duggal, Chairman, E-Commerce Committee, PHD Chamber and Co-Founder, SignCatch Inc; Mr. Krishnan Chatterjee, Chief Customer Officer & Head of India Marketing, SAP India; Mr. Varun Bapna,Vice President , Amkette India; Mr. Rajeev Talwar, Senior Vice President, PHD Chamber; Mr. Chandra Balani, Head, Business Development, East India & SAARC, Amazon Web Services and Mr. Kamalendu Bali, Senior Director, Concentrix India


Mr. Sumit Duggal revealed veryinterestingfactsonhowAmazonwhichisbestknownastheAtoZofE-commerce,butwhatmost people don’t know is thatclose to 75%of their operating revenuesgloballyactuallycomefromtheAWSCloudInfra.Also,howSAPwhichistraditionallyseen as an ERP partner formultinationalconglomerates and large enterprises hascloseto300,000orapproximately80%ofSAP’scustomers’globallyareSMEs.Mr.KamalenduBalispokeabouthow

Concentrix globally manages businessprocesses for fortune 500 companiesincluding Big box retailers and retailbrands, which are focusing on thecustomer journey and the experientialaspectsofretailing.Mr. Balani from Amazon stated that

data security & data privacy were a toppriority and how Amazon continuallyworksinthisdirection.Mr.KrishnanfromSAPbroughtabout

the importance of processes for SMBSand howSAP isworking towards easingthe digital transaction of businessesfor both in-store and on-line operationsthroughtheirnewHybisplatform.Mr.Bapnawhorepresentsthesecond

generation of a family owned business

houseAmkette,spokeonhowatonepointAmkettewas the largestmanufacturer offloppydisks in India in themid80’s andearly 90s and today the company’s corefocus is onR&D in the smart consumerelectronics space and of which 45% oftheir sales happen online (70% throughAmazon).

Thiseclecticmixoflargefortune500companies likeSAP,Concentrix,Amazon,alongwithanSMEenterpriselikeAmketteonthesamestageenabledthemoderator,Mr. Sumit Duggal to steer the paneland bring about some very interestingperspectivesondigitalcommerce.

Mr. Sumit Duggal, Chairman, E-Commerce Committee, PHD Chamber and Co-Founder, SignCatch Inc; Mr. Krishnan Chatterjee, Chief Customer Officer & Head of India Marketing, SAP India; Mr. Varun Bapna,Vice President, Amkette India; Mr. Rajeev Talwar, Senior Vice President, PHD Chamber; Mr. Chandra Balani, Head, Business Development, East India & SAARC, Amazon Web Services and Mr. Kamalendu Bali, Senior Director, Concentrix India

This day also marked the 1st anniversary of the expert Committee on E-commerce which was specifically formulated under the guid-ance and leadership of Mr. Anil Khaitan, President PHD Chamber to bridge the gap between traditional Brick and mortar businesses and the emerging new age Digital India. This Committee under the Chairmanship of Mr. Sumit Duggal today consists of a very strong quorum of Co- chairs that includes Mr. Pulkit Trivedi, Director Facebook India; Ms. Megha Thareja Tyagi, Head of E-Commerce, Google India and Mr. Sangram Singh, CEO FreeCharge to spear-head the PHD Chamber’s ‘Go Digital’ initiative.



Session with Hon’ble Union Minister of Finance & Corporate Affairs

Mr. Arun Jaitley, Union FinanceMinister addressed the 113thAnnual Session of PHD Chamber

through video conferencing linkage. Mr.Jaitley urged industry to take optimumadvantage of post IBC scenario whichofferstremendousopportunitytobeethicalinitsgeneralconductandapproachaswellequallyextendspowerstothegovernmentto successfully chase fly by tax evaders.Elaboratingon thepost IBCscenario, theFinanceMinisterstressedthatthemessinthefinancialandbankingsectorhaslargelybeen cleansed and with passing time,avenueswillbecreatedforfurthercleanupofremainingmessinthesetwosectorsbutalsouniqueopportunitieswillbeprovidedto Indian industry to be ethical in theirconductandapproachaswellasempowerthegovernmenttobringtobooksthefly-byoperators.Earlierstatutesbarelyprovidedsuchanopportunityneithertoindustrynortogovernment,heindicated.The Finance Minister exuded

confidence thatwith increaseddirectandindirect tax collections and other forms

of government receipts and revenues, itwill not only fulfill all its legal obligationstowardsitsemployeesandpensionersbutalsomultiplyitsspendingmoreobjectivelytowards infrastructure, social sector,agricultureandincreatingnewruralIndia

with roads, highways and other suchmodernfacilities.Mr.Jaitleyalsodrovehome thepoint

that with consistent increased growthrate, its beneficiaries will not only begovernment and common man but alsolargely India Inc.becausewithexpansionand diversification in growth, not onlyconsumptionwillincreasebutalsodemandwillbecreatedwith increasedpurchasingpoweratthehandsoftheconsumer.Mr. Jaitley also underlined the three

criticalareassuchasinfrastructure,socialsectorandagriculture&ruralareaswhicharethemaincontributors innationalGDPand reiterated that government is fullycommittedtoaddressthesetoachievethedesiredfastergrowthrate.Mr. Anil Khaitan, President, PHD

Chamber, in his welcome remarksobservedthatIndiaInc.needsoperationalfreedom and roadmap to expand itscapacities with favorable governmentpoliciesand interventionsandhoped thatthetwowouldbeforthcoming.Mr. Rajeev Talwar Sr. Vice President,

PHD Chamber, expressed confidenceand stated that with changing times thegrowth trajectorywouldgrowfurtherandevenwiden.Mr.TalwarfurthercommittedthatPHDChamberwouldnotonlybe thevoiceofIndianindustrybutalsothatofthegovernment.

Mr. Arun Jaitley, Union Finance Minister addressing through video conferencing

Mr. Anil Khaitan, President and Mr. Rajeev Talwar Sr. Vice President, PHD Chamber at the Video Conference Session


Ministerial Session on Leveraging the Demographic Dividend @ India 2022

PHD Chamber at its 113th AnnualSession organized a MinisterialSession on ‘Leveraging the

Demographic Dividend @ India 2022’.Col.RajyavardhanSinghRathore,Ministerof State (Independent Charge), Ministryof Youth Affairs & Sports and Ministryof Information andBroadcastingwas theChiefGuestforthesession.ColRathore,aretiredmilitaryofficerhasbeenbestowednumerous prestigious awards such asPadma Shri, Ati Vishisth Seva Medal,Arjuna Award and Khel Ratna Award forhisexceptionalservicesinthearmyandinthefieldofsports.Mr. Rajeev Talwar in his welcome

address said that the key stakeholderslike Industry, Government policy makersand vocational training institutes willhave to work on a common platformwith a common mission to make everyyouth employable or self employable,irrespective of agriculture, manufacturingorservicessector.HeaddedthatIndiahasthe potential to become the ‘Skill Capitalof the World’. The Government of IndiaistakingakeeninterestinenhancingskillcapabilitiesoftheIndianyouthtoleveragethebenefitsofdemographicdividendandhasaimedatskilling500millionpeopleby2022.ChiefGuest,Col.RajyavardhanSingh

Rathore stated that according to the UN

HabitatReport,Indiaispoisedtobecomethe world’s youngest country by 2020,with an average age of 29 years, whichwillaccountfornearly28%oftheworld’sworkforce. By 2025, India is projectedto haveworld’s largest workforcewith asurplusofnearly4.7croreskilledworkerswhile countries across the rest of theworldareexpectedtowitnessashortageof around 5.65 crore skilled workers. Toleverage on this opportunity, India needstoplanimmediately.Theelementsneededfor leveraging these are Education, Skill

Development, Economic growth andCharacterbuilding.Mr. D.K. Aggarwal, Vice President,

PHD Chamber stated that India needsto focus on critical measures such aseducationduringadolescence,addressingthe skill deficit, women empowerment,mismatch in jobs and multi-facetedapproach.Genderequalityshouldbetakenasan immediatepolicypriorityofcentralimportance for women and for societiesandeconomiesasawhole.

Mr. Rajeev Talwar, Sr. Vice President, PHD Chamber; Col. Rajyavardhan Singh Rathore, Hon’ble Minister of State (IC), Ministry of Youth Affairs & Sports and I & B and Mr. D. K. Aggarwal, Vice President, PHD Chamber

Mr. Rajeev Talwar, Sr. Vice President, PHD Chamber presenting a memento to Col. Rajyavardhan Singh Rathore, Hon’ble Minister of State (IC), Ministry of Youth Affairs & Sports and I & B and Mr. D K Aggarwal, Vice President, PHD Chamber


Panel Discussion on MSMEs as Growth Accelerator and Employment Creator

Atthe113thAnnualSession,Mr.RamMohanMishra,AdditionalSecretary& Development Commissioner,

Ministry of MSME, Govt. of India wasthe Guest of Honour for the session on‘MSMEs as Growth Accelerator andEmployment Creator’. The session wasmoderated by Dr. H. P. Kumar, Advisor,PHD Chamber and Former Chairman &ManagingDirector,NSIC.Dr. H. P. Kumarmentioned about the

changesintheMSMEdefinitionandaboutvarious schemes like competitivenessprogram, Lean Manufacturing, Design,PMEGP, MUDRA, etc which are givingboost to the growth ofMSMEsector.Healso highlighted the issues being facedby the MSME sector in terms of credit,procurement & preferential policieswhich are being taken up by the Indian

Government. He furtheradded, thatwiththeeaseofdoingbusinesspolicy, Indianrankinghasimprovedinrecentyears.Mr. S Suresh Kumar, Additional

CEO, Government e-Marketplace (GeM)introducedGeMportalwhichisapaperlessandcashlessplatformandhighlightedthatE-commerce plays a critical role in thecountry.Accessingthemarket,marketing,financing, getting payments, etc aregettingresolvedbyGeMportal.HefurtherhighlightedthefeaturesofGeMportalanditsbenefitsfortheMSMEsector.Mr. Ram Mohan Mishra, Additional

Secretary & Development Commissioner,Ministry of MSME, Govt. of IndiacongratulatedGeMas theyhavecrossedRs. 10,000 crores in value transactionwithinashortperiodoftimeandhighlightedthat MSMEs need certain direction and

capabilities to reach a marketplace. Hefurther added, thatworking capital is themain attribute for running a businessand together MSME DI & PHD Chamberwillwork together in favourof theMSMEsectorandwilltakethemtonewerheights.Ms. Anju Bajaj, Chairperson, MSME

Committee; Ms. Sushma Berlia, FormerPresident, PHDCCI and President,Martin & Harris Pvt. Ltd. (Apeejay Stya& Svran Group); Mr. Sanjay Bhatia,FormerPresident,PHDCCIandManagingDirector Hindustan Tin Works Ltd.; Mr.J P Malhotra, President, DLF IndustriesAssociation,FaridabadandMSMESectorrepresentatives discussed the challengesbeingfacedbytheMSMEsector.Mr. D. K. Aggarwal, Vice President,

PHD Chamber delivered the formal vote-of-thankstotheguests.

Dr. H P Kumar, Advisor, PHD Chamber and Former Chairman & Managing Director, NSIC; Ms. Anju Bajaj, Chairperson, MSME Committee and Mr. Sanjay Bhatia, Former President, PHD Chamber; Mr. D. K. Aggarwal, Vice President, PHDCCI; Mr. Ram Mohan Mishra, Additional Secretary & Development Commissioner, Ministry of MSME; Ms. Sushma Berlia, Former President, PHD Chamber and President, Martin & Harris Pvt. Ltd. (Apeejay Stya & Svran Group); Mr. S Suresh Kumar, Additional CEO, Government e-Marketplace (GeM) and Mr. J P Malhotra, President, DLF Industries Association, Faridabad and MSME Sector Representative

Dr. H P Kumar, Advisor, PHDCCI and Former Chairman & Managing Director, NSIC; Ms. Anju Bajaj, Chairperson, MSME Committee, PHDCCI; Mr. Sanjay Bhatia, Former President, PHDCCI and Managing Director Hindustan Tin Works Ltd; Mr. D K Aggarwal, Vice President PHDCCI; Mr. Ram Mohan Mishra, Additional Secretary & Development Commissioner, Ministry of MSME, Govt. of India; Ms. Sushma Berlia, Former President, PHDCCI and President, Martin & Harris Pvt. Ltd. (Apeejay Stya & Svran Group) and Mr. J P Malhotra, President, DLF Industries Association, Faridabad and MSME Sector Representative



Mr. D. K. Aggarwal, Vice President, PHDCCI; Mr. Anil Khaitan, President, PHDCCI; Dr. Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry and Mr. Rajeev Talwar, Senior Vice President, PHDCCI

Dr. Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry along with Esteemed Dignitaries

Dr. Suresh Prabhu, Hon’ble Union Minister of Commerce & Industry

PHD Annual Awards for Excellence 2017

Since the inception of PHD AnnualAwards for Excellence in 1997, theChamber organized its 22nd edition

of the Awards during its 113th AnnualSession on September 28, 2018 at Dr.AmbedkarInternationalCentre,NewDelhi. Dr. Suresh Prabhu, Hon’ble Union

Minister of Commerce & Industry andCivil Aviation was the Chief Guest. AlsopresentwereMr. Anil Khaitan, President,PHDChamber;Mr. Rajeev Talwar, SeniorVicePresident,PHDChamberandMr.D.K.Aggarwal,VicePresident,PHDChamber.Mr. Anil Khaitan, President, PHD

ChamberfelicitatedDr.PrabhuwithashawlwhileMr.RajeevTalwar,Sr.VicePresident,PHDChamberpresentedamemento.ThiswasfollowedbyanaddressbytheHon’bleChiefGuestabouttheroleofChambersin

promotingtheindustry,especiallyMSMEs.The Chamber launched a Knowledge

Report on Ease of Doing Business titled‘The Road to 50: Expediting BusinessRegulatoryReforminIndia’.Thebooklaunchwasfollowedbythe

keyelementofthesessioni.e.presentationof thePHDAnnualAwardsforExcellence2018 to thewinners by the Chief Guest.This year the awards were given in 8categories including General and MSMEsegment,afterfollowingasubstantialandcovetedprocessofselectionofwinners.IntheGeneralsegment,theawardees

were Power Grid Corporation of IndiaLimited for the ‘Good Corporate CitizenCategory’, GAIL India Limited & DaburIndia Ltd. for the Award for OutstandingContribution to Social Welfare, Mr. Ravi

KantJaipuria,Chairman,VarunBeveragesLimitedforDistinguishedEntrepreneurshipAwards and Ms. Rashi Anand, Founder,Lakshyam for theSpecial JuryAward forSocialworkbyaWoman.In theMSME segment, the awardees

were Mr. Jasvinder Singh, ManagingDirector, Supermac Industries (I) Ltd. forDistinguishedEntrepreneurship,Ms.SartajLamba,CEO,AJ Travels Pvt. Ltd. for theOutstanding Businesswoman Award andOmatek Laboratories Pvt. Ltd. for theAwardforExcellenceforStart-Ups.Dr. Bindeshwar Pathak, Founder,

Sulabh International Social ServiceOrganisationwasannouncedasthewinnerfortheLifetimeAchievementAward2018.Mr.Rajeev Talwar, Sr. VicePresident,

PHD Chamber delivered the formal vote-of-thanks-totheguests.



Dr. Bindeshwar Pathak, Founder, Sulabh International Social Service Organisation Lifetime Achievement Award 2018

GAIL India Limited Award for Outstanding Contribution for Social Welfare 2018

Omatek Laboratories Pvt Ltd. Award for Excellence for Start-Ups 2018-MSME

Ms. Sartaj Lamba, CEO, AJ Travels Pvt. Ltd. Outstanding Businesswoman Award 2018-MSME

Mr. Jasvinder Singh, Managing Director, Supermac Industries (I) Ltd. Distinguished Entrepreneurship Award 2018-MSME

Ms. Rashi Anand, Founder, Lakshyam Special Jury Award for Social Work by a Woman

Power Grid Corporation of India Limited Good Corporate Citizen Award 2018

Dabur India Ltd. Award for Outstanding Contribution for Social Welfare 2018

Mr. Ravi Kant Jaipuria, Chairman, Varun Beverages Limited Distinguished Entrepreneurship Award 2018


Panel Discussion on Demand Driven Skilling Eco System

PHD Chamber at its 113th AnnualSession organized a paneldiscussion on “Demand Driven

Skilling Eco System’’. The discussionaimedataddressingtheopportunitiesandchallenges in building up the entire skillecosystem. The panel comprised of fieldexperts fromGovernment, Industries andAcademia.Ms. Sunita Sanghi, Senior Adviser,

Ministry of Skill Development andEntrepreneurship deliberated aboutthe positive factors like demographicadvantage and focussed approach inorder tocreate theskillecosystem in thecountry. She reflected on the Govt. ofIndia programme called ‘Recognition ofPriorLearning’(RPL)inwhichpeoplegetassessed and certified on their currentcompetencies as per National SkillsQualifications Framework (NSQF) levels.RPLalsoshowsthemapathtobridgetheircurrentknowledgeandskilllevelstoreachacompetencylevelorgoforhigherskillsforprofessionalgrowth.Shecategoricallysaid that Industrial training institutes areavehicletoskill thepeoplebutthere isaneed to upgrade and upscale them. Shefurtherpointedoutthatindustrieshavetoplayacriticalroleinaddressingthetypeoftrainedpeopletheywantsothatpeoplewillbetrainedlikewise.Mr. Nishant Berlia, Co-Promoter,

ApeejayStya&SvranGroupemphasized

on the urgent need to strengthen theprimaryeducationsystemofthecountryinorder tosafeguard the fundamentalcrisisinthefuture.Mr.AlokB.Shriram,FormerPresident,

PHDCCI&ViceChairman&Dy.ManagingDirector, DCM Shriram Industries Ltd.talked about the apprenticeship programwhereby, industry can take up their ownapprenticeship program based on theirneeds.Dr. Kazem Samandari Chairman,

French Bakery Pvt. Ltd. talked aboutthe essentiality of women participationand initiatives in creating the skillingecosystem.

Col. Rohit Agarwal Consultant, BirdGroupunderlinedthechallengesofsettinguptheSkillSectorCouncilEcosystemfortheimplementationoftheskilltotheruralmasses.Helaidstressonprovisionofhighqualityofpractitionertrainersandtrainingsforthebetteroutputofanyskill.Mr. Vishal Choudhary, Chairman

cum Founder, Frontline Global Servicescommented on themobilization of youthand motivation should be given highpriority to get better results of any skilltrainingprogrammes.Mr. Vishal Jindal, Chairman, Skill

Development Committee, PHD Chambermoderatedthesession.

Mr. Vishal Jindal, Chairman, Skill Development Committee, PHDCCI & Principal Consultant, Vishad Edutech Pvt. Ltd.; Col. Rohit Agarwal, Consultant, Bird Group; Mr. D K Aggarwal, Senior Vice President, PHD Chamber; Ms. Sunita Sanghi Senior Adviser, Ministry of Skill Development and Entrepreneurship; Mr. Alok B. Shriram, Former President, PHDCCI &Vice Chairman & Dy. Managing Director, DCM Shriram Industries Ltd; Mr. Nishant Berlia Co-Promoter, Apeejay Stya & Svran Group; Mr. Vishal Choudhary Chairman cum Founder, Frontline Global Services and Dr. Kazem Samandari Chairman, French Bakery Pvt. Ltd

Mr. Vishal Jindal, Chairman, Skill Development Committee, PHDCCI & Principal Consultant, Vishad Edutech Pvt. Ltd.; Col. Rohit Agarwal Consultant, Bird Group; Mr. D K Aggarwal, Senior Vice President, PHD Chamber; Ms. Sunita Sanghi Senior Adviser, Ministry of Skill Development and Entrepreneurship; Mr. Alok B. Shriram, Former President, PHDCCI & Vice Chairman & Dy. Managing Director, DCM Shriram Industries Ltd; Mr. Nishant Berlia Co-Promoter, Apeejay Stya & Svran Group; Mr. Vishal Choudhary Chairman cum Founder, Frontline Global Services and Dr. Kazem Samandari Chairman, French Bakery Pvt. Ltd.



Valedictory Session -113TH ANNUAL SESSION

The valedictory session of PHDChamber’s 113th Annual Sessionthemed, “Let’s Walk our Talk:

India@2022”wasgracedbyDr.AbhishekManu Singhvi, National Spokesperson;IndianNationalCongress&MemberoftheParliament(RajyaSabha).Mr. Anil Khaitan, President, PHDCCI

while introducing Dr. Singhvi, shared hismanylaurelsandachievements.Prominentamongst his achievements are being theseniormostNationalSpokespersonoftheCongressParty; theyoungestdesignatedSeniorAdvocateof theSupremeCourt;aformer and youngest Additional SolicitorGeneral of India (ASG) and formerelected Vice President, Supreme CourtBar Association. Mr. Khaitan opined thatthough consumerism in India has pickedup, Ease of Doing Business still has totranslatetothegroundlevelsandweneedtowork inacollaboratedway toconnectthedots.Dr. Abhishek Manu Singhvi

complimented the Chamber for choosingthe broad theme. While sharing histhoughts, Dr. Singhvi quoted William C.Dement, “Dreaming permits each andevery one of us to be quietly and safelyinsaneeverynightofourlives.”Heopinedthat this kind of insanity can be veryinfectious and especially in India, it is abigger crime not to dream, as dreamsallows us to push the envelope a littlehigher,beyondourpotential.

Dr. Singhvi shared that for yearseveryone has dreamt, different dreamsforIndiaandromantatizieditinsomeway.He shared quotes from famous poets todescribehisthoughts.MarkTwain’squoteonIndia“Indiaisthecradleofthehumanrace, the birthplace of human speech,the mother of history, the grandmotherof legend, and the great-grandmotherof tradition. Ourmost valuable andmostinstructive materials in the history ofman are treasured up in India only” &

Will Durant, American historian’s quote“Indiawasthemotherlandofourrace,andSanskritthemotherofEurope’slanguages:she was the mother of our philosophy;mother,throughtheArabs,ofmuchofourmathematics;mother,throughtheBuddha,of the ideals embodied in Christianity;mother,throughthevillagecommunity,ofself-government and democracy. MotherIndiaisinmanywaysthemotherofusall”wereshared.

Mr. Anil Khaitan, President, PHD Chamber; Dr. Abhishek Manu Singhvi, National Spokesperson; Indian National Congress & Member of the Parliament (Rajya Sabha) and Mr. Rajeev Talwar, Sr. Vice President, PHD Chamber

Dr. Abhishek Manu Singhvi, National Spokesperson; Indian National Congress & Member of the Parliament (Rajya Sabha) addressing the audience


Dr. Abhishek Manu Singhvi, National Spokesperson; Indian National Congress & Member of the Parliament (Rajya Sabha) along with Esteemed Dignitaries

Mr. Rajeev Talwar, Sr, Vice President, PHDCCI; Mr. Anil Khaitan, President, PHDCCI; Dr. Abhishek Manu Singhvi, National Spokesperson; Indian National Congress & Member of the Parliament (Rajya Sabha) and Mr. Chandok, Grant Thorton

Dr Singhvi shared that these quotesare soft dreams and talk of an India-aparadiselost,buttheNewIndiahasgivenusa reason tohaveharddreams,basedon hard core facts. India becoming the6thlargesteconomy,3rdlargesteconomyin terms of purchasing power, average7% annual average growth consistently,2nd largest telecom market, 2nd largestinternet & smart phone users andmuchmoreareasofgrowtharethebasisofthesedreams.Hesaidthatwhilethesefactsgiveusmuchtodream,boostandrevelabout,theglassisstillpartiallyempty.Dr.Singhvialso shared the many parameters whereweasacountryarelackinginandwhichneed specific dreams and attention (viz:food, security, nutrition, poverty levels,deathrates,healthandmuchmore).Dr. Singhvi opined that if we took

care of the small important things, thebig thingswill automatically take care ofthemselves and these are the ultimatevalues, which a society should aspirefor. He shared his wish list alongwith aroadmap for the required changes in fiveareas which will lead to a better India-Education; Corruption; Legal Reforms;JudicialReforms&ElectoralReforms.Dr. Abhishek Manu Singhvi stressed

thatthemostimportantthingistoanalyse“IdeaofIndia”andwhyweweretheonlyvibrantdemocracythatsurvivedamongsttheothersthatfailedinthepast.Dr.Singhvigave the credit for this to the two pillarsof Indian Democracy-Mahatma Gandhi

& Jawaharlal Nehru. He opined thatbecauseof themand theencouragementand freedom to the Institutional pillarslike Secularism; Federalism; Socialism;Paramilitary; Indian Army; CAG; ElectionCommission; Independent Judiciary andPress,Indiagrew.In conclusion,DrSinghvi shared that

thekeytoholdingIndiatogether&for its

prosperity is “Uniformity upon Diversity”and theneedof thehour is to letgo.Heopined that -The more you let go... Themore India soars, themore you pull, themoreIndiasnaps!!Mr. Rajeev Talwar, Senior Vice

President, PHDCCI delivered the formalvote-of-thankstotheguests.



Glimpses of Felicitation Dinner


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GST Conclave on Reconciliation of Financial Statements vs. GSTR Returns/ IT Returns, GST Audit, Annual Return for FY 2017-18

CA Abhi Narayan Mishra, Principal Director (Finance & Admin) & Mr. D K Aggarwal, Vice President, PHD Chamber; Mr. S K Rahman, ADG, DGGST, Ministry of Finance; CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber; Dr. Amit Kumar Agrawal, The Institute of Chartered Accountants of India and CA Puneet Bansal, Nitya Tax Associates

CA Puneet Bansal, Nitya Tax Associates; CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber and CA S. Venkatramani, Singhvi, Dev & Unni, Chartered Accountants

TheIndirectTaxesCommitteeofPHDChamber in collaboration with theInstitute of Chartered Accountants

of India (ICAI)organizedaGSTConclaveonReconciliationof FinancialStatementsvs. GSTR Returns/ IT Returns, GSTAudit, Annual Return for FY 2017-18 onSeptember 6, 2018 at PHD House, NewDelhi.Mr. D. K. Aggarwal, Vice President,

PHD Chamber highlighted that GST willhelptocollectthedirecttaxesandachievethetargetof12.1%taxtoGDPratioforthecurrentfinancialyear.ChiefGuest,Mr.S.K.Rahman,ADG,

DGGST,MinistryofFinancementionedthatasperSection35(5)oftheCGSTAct,2017readwith rule 80(3) of the CGST Rules,2017, every registered person whoseturnover during a financial year exceedsthe prescribed limit (Rs. 2 crore) shallget his accounts audited by a CharteredAccountant or a Cost Accountant andshallsubmitacopyoftheauditedannualaccounts, the reconciliation statementunder sub-section (2) of section 44 andsuch other documents in such form andmannerasmaybeprescribed.CAPuneetBansal,NityaTaxAssociates

explainedthekeyqualifyingconditionsandcontentious issues for availment of ITC.

HeexplainedtheprovisionsofSection16of CGST ACT – eligibility and conditionsfor taking input tax credit. HementionedthattheITConCSRcreditcanbeavailedto the extent of tax paid on amountmandatedundertheCompaniesAct,2013to undertake CSR activities. He furtheropinedthatCGST(Amendment)Act,2018provides that transitional credit on EC,SHEC,KKCandotherspecified taxesarenotallowed.HealsoexplainedtheconceptofITCmatchingundertheGSTlaw.

CA S. Venkatramani highlighted theconcept of Reverse Charge Liability incase of Goods/Services and explainedthelistofthenotifiedgoodsunderSection9(3)ofCGSTActonwhichreversechargemechanism is applicable. He mentionedthatall importsshallbedeemedas inter-State supplies and accordingly integratedtax shall be levied in addition to theapplicablecustomduties.HeshedlightonthecontentsofTable5ofGSTR-3B.


CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber and CS Isha Bansal, A2Z Taxcorp LLP.

CA Rakesh Garg; S S Kothari Mehta & Co. and CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber

CABimalJain&CSIshaBansalthroughtheir detailed presentation explained theconceptofOutwardSupplies–ZeroRated,NilRated,ExemptedandNon-GSTOutwardSupplies – B2B & B2C. They explainedhow to rectifymistakes in disclosuresofsame in GST Returns. They highlightedthe provisions for Determination of Levy& Collection – Outward Supplies underthe GST Law andMatching of GSTR 3Bvs. GSTR 1 of Supplier andMatching ofGSTR1vs.GSTR2AofRecipients.Theyfurtherdiscussedthetreatmentofwronglydetermined Intra-State and Inter-StateSupplies – How to reflect in GSTReturnandFinancialStatements.Theyshedlighton the provisions for Manufacturing andServiceSectorsunder theGST law.Theyexplained SOP for Outward Supplies &determinationoftaxes,paymentandfilingofReturn.CARakeshGargexplained thenature

and scope of GST Audit. GST Audit canbe carried out for specific State/GSTIN.Therefore, state wise financial statementis an essential requirement.He explainedthat a reconciliation statement reconcilesthe value of supplies declared in thereturn furnished for the fiscal year withthe audited annual financial statement.Thus, every income and expenditure andtaxpayablewouldbe reconciledwith theamount stated in the audited financialstatements.Mr. Abhi Narayan Mishra, Director,


Mr. Alok Gupta, Co-Chairman, YBLF felicitating Mr. Kahaan Khaitan, Member, YBLF and Sahaja Yoga Practitioner

Workshop on Sahaja Yoga MeditationThe Evolutionary Path to Enlighten Individuals, Organizations and Society

The Young Business Leaders Forum(YBLF)ofPHDChamberorganizedaworkshoponSahajaYogaMeditation-

“The Evolutionary Path to EnlightenIndividuals,OrganizationsandSociety”onSeptember14,2018atPHDHouse,NewDelhi.Mr.KahaanKhaitan,Member,YBLFandSahajaYogaPractionerwithhisteamofexpertsconductedtheworkshop.Mr. Alok Gupta, Co-chairman, YBLF

remarked that Sahaja Yoga was foundedbyHerHolinessShrimatajiNirmalaDeviin1970andhassincespreadallaroundtheworld.Mr. Kahaan Khaitan, Member, YBLF

briefed the delegates on how practicingSahajaYogaMediationhashelpedhim incopingwithstressesoflife.


Meeting with the Office of Small and Medium Enterprise Promotion (OSMEP) of Thailand Ministry of Finance

Ms Kanchan Zutshi, Secretary, MSME Committee, PHD Chamber; Ms. Thanyarat Ratwongwate, Senior Researcher, Fiscal Policy Research Institute (FPRI) Office of Small and Medium Enterprise Promotion (OSMEP) of Thailand; Dr. J S Juneja, Chairman, Global Projects & Services (P) Ltd.; Ms. Parul Batra, Assistant Secretary, MSME Committee, Mr. Vinod Karwa, Co-chairman, MSME Committee, Dr. H P Kumar, Advisor & Former Chairman & MD NSIC and Mr. Mithilesh Kumar, Joint Secretary, MSME Committee, PHD Chamber

Adelegation from Office of Smalland Medium Enterprise Promotion(OSMEP) of Thailand visited PHD

Chamber on August 21, 2018 at PHDHouse, New Delhi. The objective was toaddress the issues pertaining to micro-enterprise promotion policy in India andchallengeswhichMSMEs in India face inaccessingfinance.Mr. Anil Khaitan, President, PHDCCI

introduced PHD Chamber to all thedelegates from the Office of Small andMediumEnterprisePromotion(OSMEP).Ms. Thanyarat Ratwongwate Senior

Researcher, Fiscal Policy ResearchInstitute(FPRI)OfficeofSmallandMediumEnterprisePromotion(OSMEP)ofThailandraised concerns with regard to Finance,Registration of MSMEs in India, Interestrateforloans,Creditrated,Auditetc.Dr.H.P.Kumar,Advisor,PHDCCIand

Former Chairman & MD NSIC explainedthe various schemes prevailing in IndiaforMSMEs. InregardtoFinance,hesaidthat credit in terms of loan is availablecollateral free up to Rs. 1 million andCreditGuaranteeSchemeisthereifMSMErequires loan uptoRs. 2million.He alsohighlightedthatwithin5minutes,aMSMEcanregisterwithoutanycharges.Healso

mentioned that interest rate does notdepend on MSME registration, instead itdepends on credit rating and banks ownpolicy. He told that Credit rating can bedonebySMERA,CRISIL,ICRA,etc.Lastly,hementionedthatforcertainthreshold,noauditisrequired.Dr. J. S. Juneja, Chairman, Global

Projects & Services (P) Ltd. highlightedthat Cost of servicing is more in lowerrange loans and banks are reluctant to

lend to MSMEs. Banks are eligible tocharge3percentmorefromtheborrowersdependingontheratingsgiventoMSMEsby external agencies. He alsomentionedthat Government is encouraging MSMEstogoforratingbyprovidingsubsidytotheMSMEs.Mr.VinodKarwa,Co-chairman,MSME

Committee, PHD Chamber delivered theformalvote-of-thankstotheguests.

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Ms. Kanchan Zutshi, Secretary, MSME Committee, PHDCCI; Mr. Vinod Karwa, Co-chairman, MSME Committee, PHDCCI; Dr. H P Kumar, Advisor, PHDCCI; Dr. J S Juneja, Chairman Global Projects & Services (P) Ltd; Mr. Anil Khaitan, President, PHD Chamber; Ms. Thanyarat Ratwongwate Senior Researcher, Fiscal Policy Research Institute (FPRI) Office of Small and Medium Enterprise Promotion (OSMEP) of Thailand & other delegates and Mr. Mithilesh Kumar, Joint Secretary, MSME Committee, PHDCCI


YBLF- Workshop on 10X Business Growth

The Young Business Leaders Forum(YBLF) of PHD Chamber organizeda workshop on “10X Business

Growth” with Mr. Saurabh Kaushik,Business Growth Strategist and Coach,& Founder, Peopleist India on September15,2018atPHDHouse,NewDelhi.Theobjectivewastounderstandthechangingbusinesslandscape,tools,techniquesandstrategies that could help 10X businessandgrowth.Mr. Ashish Chandiok, Member, YBLF

in his opening remarks pointed out thatMr. Kaushik has helped leading businessownersandCEOs toachievegrowthandretaintheirsuccessforthepastfouryears.Mr. Saurabh Kaushik, Founder,

Peopleist India mentioned that it isimportanttofollowyourideapassionatelyandtrytogivebackmoreinthebusinessof life. He also recommended havinga Business Coach for your businesswhich would be a source of constantsupport, encouragement and would give

you genuine feedback. He highlightedleveraging technology in your business,understanding your customer andharnessingyournetworkingarecrucial intoday’stimes.

Ms. Aditi Pasari, Co-chairperson,YBLFdeliveredtheformalvote-of-thankstotheguests.TheYBLFAnnualSponsorswereEazyERPLtd.,GulshanPolyolsLtd.,MayarGroupLtd.,JCOGasPipeLtd.andPGIndustryLtd.

Mr. Ashish Chandiok, Member, YBLF felicitating Mr. Saurabh Kaushik, Founder, Peopleist India

Talwandi Sabo Power Limited (TSPL) is wholly owned subsidiary of Vedanta Limited. Total capacity of this thermal plant is 1980 (3x660) MW. This thermal plant is equipped with latest energy efficient technology to generate power with lower carbon foot print.


Conference on 4th National Summit on Skilling India for Global Competitiveness

The Skill Development Committee ofPHDChamberorganizedthe‘NationalSummit on Skilling India for Global

Competitiveness’onSeptember12,2018at Constitution Club of India, New Delhi.The Summit aimed at keeping abreastthe current skills for future in the era ofIndustry4.0,ImpactofdisruptivechangesonexistingskillsetsandIntegratingSTEM(Science, Technology, Engineering &Mathematics)intheeducationsystem.Eminent speakers included Mr. D. K.

Aggarwal, Vice President and Mr. VishalJindal, Chairman, Skill DevelopmentCommittee, PHD Chamber; Mr. KamleshVyas,Partner,DeloitteIndia;Mr.RajSinghRathee,ManagingDirector,KukaRoboticsIndiaPvt.Ltd.andMr.JayantKrishna,ED&ChiefOperatingOfficer,NSDCIndia.Mr. D. K. Aggarwal, Vice President,

PHD Chamber highlighted the issues ofdeveloping the potential talent pool andsuggested that government academicinstitutions and industry should workin tandem so that the competitivenessand sustainability of Indian industry beachieved.Mr.JayantKrishna,ExecutiveDirector

& Chief Operating Officer, NSDC Indiadeliberated on the market size of dataanalytics which would exceed US$ 20billion whereas IT and similar servicessector is likely to reachata levelofUS$16billion.Thefocusshouldalsobeintheareaofelectricvehiclesandpowersector.Mr.AtulPrakashAnand,Co-chairman,

Skill Development Committee, PHDChamber moderated the Power PanelSession -I on “Job Roles Alignment forNew Collar jobs – Industry Take”. Other

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speakersincludedMr.ManojKumar,FormerDirector,DirectorateofTraining&TechnicalEducation,NewDelhi;Dr. JVRao,CEO,TextileSectorSkillCouncil of India,Mr.NKMohapatra,CEO,ElectronicsSectorSkillsCouncil of India;Mr.VeerSagar,Chairman,SelectronicIndiaandMr.SharadArora,FounderandMD,SensoriseDigitalServices.Mr. Tahsin Zahid, Co-chairman, Skill Development Committee, PHD Chamber

moderatedthePowerPanelSession-IIon“GlobalBestPracticesforIndustry4.0”.OtherspeakersincludedMr.ArunachalamKarthikeyan,HeadofiMOVEOfficeinIndia&CountryHead, sequa, Germany; Dr. Vinnie Jauhari, Director, Education Advocacy, MicrosoftCorporationIndiaPvt.Ltd.andDr.RushenChahal,Founder,HrimanMotorsLLP.

Dr. Jatinder Singh, Director and Mr. Atul Prakash Anand, Co-Chairman, Skill Development Committee, PHD Chamber; Mr. Raj Singh Rathee, Managing Director, Kuka Robotics India Pvt. Ltd; Mr. D K Aggarwal, Vice President, PHD Chamber; Mr. Jayant Krishna, Executive Director & Chief Operating Officer, NSDC India; Mr. Vishal Jindal, Chairman, Skill Development Committee, PHD Chamber; Mr. Kamlesh Vyas, Partner, Deloitte India and Mr. Saurabh Sanyal Secretary General, PHD Chamber


Latest Amendment in Negotiable Instruments Act, 1881

The Corporate Affairs Committee ofPHDChamberorganizedaroundtableconference on Latest Amendment

in Negotiable Instruments Act, 1881 onSeptember 5, 2018 at PHD House, NewDelhi.Mr. Abhi Narayan Mishra, Principal

Director (F&A),PHDChamberstated thatthenotifiedamendmenttotheNegotiableInstrument (Amendment) Act, 2018addressed the issue of undue delay infinalityofdishonouredcheques.At the panel discussion, the topics

discussed were Section 143A and itspurpose;Section148anditspurposeandStatuspriortoAmendmentAct2018.Ms.TrinaTejaswini,DGM(Law), IFCILtd;Mr.MukulTandon,DGM,UnitedBankofIndia;Mr. Ashish Mittal, Partner, Maheshwari& Co and Ms. Karishma Jaiswal, SeniorAssociate, Maheshwari & Co. were theeminentpanelistsforthediscussion.Ms. Karishma Jaiswal, Senior

Associate, Maheshwari & Co. whilemoderating the discussion highlightedthat dishonouring of cheque causesincalculable loss and inconvenience topayees and “erodes the credibility” ofchequestoalargeextent.Ms.TrinaTejaswini,DGM(Law), IFCI

Ltd. highlighted that Section 143A gives

power to the Court to order payment ofinterimcompensationbythedrawerofthechequetothecomplainant.Shesuggestedthatasthereisdiscretionofthepowerofcourtbyusingword“May”whichshouldbe replaced with “Shall” to avoid themisuseofpowers.Mr.MukulTandon,DGM,UnitedBank

of India highlighted that the change inthe existing law shifts the inconvenienceand hardship on the payer because nowhe would have to travel to the place of

Ms. Sohale Gupta, Executive Officer, PHD Chamber; Mr. Mukul Tandon, DGM, United Bank of India; Ms. Karishma Jaiswal, Senior Associate, Maheshwari & Co.; Mr. Abhi Narayan Mishra, Principal Director (F&A), PHD Chamber; Ms. Trina Tejaswini, DGM (Law), IFCI Ltd; Mr. Ashish Mittal, Partner, Maheshwari & Co and Ms. Shivani Gupta, Deputy Secretary, PHD Chamber

the drawee bank where the cheque getsdishonouredduetoinsufficiencyoffunds.Mr.AshishMittal,Partner,Maheshwari

&Co.highlightedthattherationalebehindthis change is that the payers’ majoritybeing businessmen and traders wereextending credit recklessly due to theleniency in the provision of Section 138.Tocurbthispractice,thisjudgmentaimedtoreachtotherootcauseoftheissueandresolve itbydiscouraging thepayer frommisusingorcarelesslyissuingthecheque.

Exclusive Round Table Discussion with IPEs

Participants

The Insolvency and BankruptcyCommittee of PHD Chamberorganized an exclusive roundtable

discussion with IPEs on September 6,2018atPHDHouse,NewDelhi.Mr. Sanjeev Ahuja, Co–chairman,

Insolvency and Bankruptcy Committee,PHDChamberstatedthatIBChascreatedaparadigmshift in themarketdynamics,be it lendersorborrowers.Thisnew lawhas four important pillars. But currently,as it stands, there is enough pressureon one of the pillars called ‘InsolvencyProfessional’.The regulations to the Code had a

welcome suggestion in IPE (InsolvencyProfessional Entity), but the Codeunfortunatelydoesnothaveanymentionofthesame.Ontopofit,fewamendmentsto regulationswith respect to IPEs seemto be an afterthought which requiresjustificationandclarification.

TheroundtableconcludedwithanextensivediscussionandQ&ASessionwithanoverwhelmingresponsefromtheparticipants.


My India My Startup: 100 Unicorns till 2025

TheStartupCommittee,PHDChamberorganizedMy IndiaMyStartup:100Unicorns by 2025 on September

20, 2018 at PHD House New Delhi.The objective was to bring together theUnicorns and Budding Startups on acommon platform for knowledge sharingtowardsmakingofaUnicorn.ThesummitpartnersincludedStartup

India and Invest India; Country Partner -EmbassyofChilewithStartupChile;StatePartner -Uttar Pradesh with UP Startup;Knowledge Partner – KPMG. OtherstrategicpartnersincludedPaytm;DPSRUInnovation and Incubation, Foundation;Nexus startup Hub at American Center;ICreate; JR Laddha Financial Services(P)Ltd.;Signcatch;AvivaLife Insurance;HealersatHome;OyoRooms;ChaiThela;Brewhouse; Adastra; Sava100Crore;Peesafe; Peebuddy; Inc42; YourStory;F6S; Delhi University Cluster InnovationCenter; Jawaharlal Nehru University;Punjabi University, Patiala; Guru NanakDev University and Chaudhary CharanSinghHaryanaAgricultureUniversity.The session on: ‘The Great

Startup India Vision’ was addressedby Mr. Anil Khaitan, President, AshishAgrawal, Chairman, Startup Committeeand Mr. Sumit Duggal, Co-Chairman,Startup Committee, PHD Chamber; Mr.Himanshu Rattan, Director, KPMG; Prof.Ramesh K. Goyal, Vice Chancellor, DelhiPharmaceutical Sciences and ResearchUniversity and Mr. Deepak Bagla, MD &CEO,InvestIndia.Mr.DeepakBaglaannouncedthatTier-

2andTier-3landscapeofIndianunionhasacquired a reputation to drive Startups

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passioninIndiawithanumberofStartupsventure exceeding20,000 in recent past.He projected that India is well poised toproduce 100 Unicorns by 2023. “InvestIndia”whichisasortof‘Startupitself’hasnotonlybeenpromotinginvestments,itisalsoplayingaroleofconductingintensive

Dr. Jatinder Singh, Director PHD Chamber, Prof. Ramesh K. Goyal, Vice Chancellor, Delhi Pharmaceutical Sciences and Research University, Mr. Ashish Agrawal, Chairman, Startup Committee, PHD Chamber, Mr. Deepak Bagla , MD & CEO, Invest India, Mr. Anil Khaitan, President, PHD Chamber, Mr. Himanshu Rattan, Director, KPMG, and Mr. Sumit Duggal, Co-Chairman, Startup Committee, PHD Chamber

Dr. Jatinder Singh, Director, PHD Chamber, Mr. Pratik Bose, Managing Partner, IAN Fund, Mr. Ashish Agarwal, Chairman Startup Committee, PHD Chamber, Mr. Gabriel Leopoldo Jara Maldonado, Charge d´Affairs of Chile in India, Mr. Sebastián Díaz Mesa, Executive Director-CEO, Startup Chile, Ms. Yessenia Carvajal, Marketing Director, Startup Chile and Mr. Erik Azulay, Executive Director, Nexus Startup Hub and Incubator

Dr. Jatinder Singh, Director, PHD Chamber; Mr. Ashish Agarwal, Chairman, Startup Committee, PHDCCI; Dr. Shanta Toutam, Vice President, Corporate Innovations & Business Development, T-Hub; Ms. Tripti Somani Shinghal, Co-chairperson, Startup Committee, PHDCCI; Prof. Harvinder Popli, Director and Coordinator, DPSRU, Innovation and Incubation Foundation, Delhi Govt.; Mr. Yogesh Gupta, General Manager, Industry Department, Govt. of Himachal Pradesh; Mr. Anil Joshi, Managing Partner, Unicorn India Venture and Dr. Deep Preet Singh, Associate Vice President, EY

policyadvocacyroletointensivelylaunchStartups connecting them and theirideas with prospective investors withcomprehensive details through its portalwithproactiveteam-work.Mr. Anil Khaitan, President, PHD

Chamber pointed out that success


Mr. Paritosh Sharma, Mr. Sanjay Aggarwal, Chairman & CEO, Paramount Communications Ltd., Dr. Mahesh Gupta, Chairman and Managing Director, Kent RO Systems Ltd., Mr. Ashok Kajaria, Chairman and Managing Director, Kajaria Ceramics Ltd., Mr. Shyamsundar Bang, Jubilant Life Sciences Ltd. and Mr. Rahul Singh, Founder & CEO The Beer Café

Dr. Jatinder Singh, Director, PHD Chamber, Mr. Nitin Saluja CEO & Founder Chaayos, Mr. Sumit Duggal, Co -chairman, PHD Chamber of Commerce, Mr. Saurabh Jain, Vice President, PayTM, Mr. V K Mishra, Directo LEAF, Mr. Rachit Jain, Head of Industry (Retail, Education, Govt.) Google India, Mr. Prateek Jain, Senior Assistant Secretary, PHD Chamber

Mr. Sumit Duggal, Co-chairman, Startup Committee, PHD Chamber and Mr. Nitin Saluja, CEO & Founder Chaayos

rate of Start-ups would become morepronouncedprovidedtheseareconnectedwiththeirpotentialfundmanagers.

The session on: Global Startup Ecosystem: India Connect wasmoderatedbyMr.PratikBose,ManagingPartner,IANFund. Other speakers included Mr. ErikAzulay, Executive Director, Nexus StartupHub and Incubator Mr. Gabriel LeopoldoJara Maldonado, Charge d´Affairs ofChile in India Mr. Sebastián Díaz Mesa,ExecutiveDirector-CEO,StartupChileandMs.YesseniaCarvajal,MarketingDirector,StartupChile.

The session on: State Governments’ Perspective was moderated by Ms.Tripti Somani Shinghal, Co-chairperson,Startup Committee, PHDCCI. Speakersincluded Prof. Harvinder Popli, Directorand Coordinator, DPSRU, Innovation andIncubation Foundation, Delhi Govt.; Mr.AnilJoshi,ManagingPartner,UnicornIndiaVenture; Dr. Deep Preet Singh, AssociateVice President, EY; Mr. Yogesh Gupta,General Manager, Industry Department,Govt. of Himachal Pradesh and Dr.ShantaToutam,VicePresident,Corporate

Innovations & Business Development,T-Hub.

The session on: Indian Startup -Industry ConnectwasmoderatedbyMr.Paritosh Sharma. Speakers included Mr.Ashok Kajaria, Chairman and ManagingDirector, Kajaria Ceramics Ltd.; Dr.Mahesh Gupta, Chairman and ManagingDirector,KentROSystemsLtd.;Mr.SanjayAggarwal, Chairman & CEO, ParamountCommunications Ltd.;Mr. ShyamsundarBang,JubilantLifeSciencesLtd.andMr.Rahul Singh, Founder & CEO, The BeerCafé.

The session on: Raising Startup & Growth Capital was moderated byMr. Ashish Agrawal, Chairman, StartupCommittee, PHDCCI. Speakers includedMr.PrayagMohanty,IvyCapVentures;Mr.Sameer Garg, Vice President & RegionalHead–NewEconomyGroup,AxisBank;Mr.DheerajJain,MD,RadcliffeCapital;Mr.NKMaini,AdvisoryBoardsofLokCapitalGroup and Ivy Cap Venture; Mr. ManuRikhey,Partner,GrowXVenturesandMr.VishalSachdeva,BusinessHead-CBSandECOM-KotakMahindra.

The session on: Thought Leadership Session was moderated by Mr. SumitDuggal,Co-chairman,StartupCommittee,PHD Chamber. Speakers included Mr.Saurabh Jain, Executive Vice President,Paytm;Mr.Rachit Jain,Head of Industry(Retail,Education,Govt.)GoogleIndiaandMr.V.K.Mishra,Director,LakshmiEnergyandFoodsLtd.

The session on: ‘VOX of Budding Unicorns’ was moderated by Mr. SumitDuggal,Co-chairman,StartupCommittee,PHD Chamber and the speaker was Mr.NitinSaluja,Founder&CEO,Chaayos.Through PHD Chamber’s ‘My India

MyStartup’venture,theendeavorwastounderstand the spirit of entrepreneurshipand to decode how India has catapulteditself into the league of the Startupecosystemsintheworldtoday.Anenablingregulatory framework, infrastructuresupport andaccess to fundingaresomeof the key factors underpinning thesuccessfulemergenceofmorenumberofunicorns.


CAW

Open House Discussion on Rupee Volatility

Dr. S P Sharma, Chief Economist, Mr. Shyam Poddar, Chairman, FOREX and FEMA Committee, Mr. DK Aggarwal, Vice President, Mr. Ambuj Jain, Co-chairman, FOREX and FEMA Committee and Mr. Ram A Poddar, Co-chairman, Industry Affairs Committee, PHD Chamber

Dr. S P Sharma, Chief Economist, PHD Chamber addressing the audience

The FOREX and FEMA Committeeof PHD Chamber organized anOpen House Discussion on ‘Rupee

Volatility’ on August 31, 2018, at PHDHouse, New Delhi. The objective was todiscusstheimplicationsofexternalfactorsleadingtorupeevolatilityanditsimpactontheIndianeconomy.Mr. D. K. Aggarwal, Vice President,

PHD Chamber opined that REER is animportant risk indicator for industry forhedgingascomparedtocurrentscenario,Rupeevolatilitywasveryhighin2013.HestatedthatcurrentlyRupeeisdepreciatingbecause of external factors, such asinternational market volatility, whoseeffectsarebeingfeltinIndiaandtosomeextentinternalfactorsarealsoresponsible,suchasrisingpricesofcrudeoilandgiventhat India is a net importer of crude oil,which India is importing, inflation andwith more risk of inflation, depreciationin currencyhappens; also, carry trade isanotherinternalfactorcausingdepreciationofRupee.Mr.ShyamPoddar,Chairman,FOREX

and FEMA Committee, PHD Chamberopinedthatdomesticfactorsbehindrupeedepreciationarehighertradedeficit,highercrude oil prices, working capital cycleshortening which has put the pressureonspot rupee,amongothersand thatallthese factorshavebroughtuncertainty ininflation. He also mentioned that peopleshould protect their benchmark costing,insteadofhedgingatthetimeofcurrencyvolatility.

Mr.AmbujJain,Co-chairman,FOREXand FEMA Committee, PHD Chambermentioned that many other internationalcurrencies have depreciated, in whichIndiais6thplaceinthelist.HestatedthatRupeehasdepreciatedevery timebeforetheelectionsinIndia,whichhasbeenthetrend in the pastmany years. He opinedthat crude oil prices are expected toincrease further and so does the currentaccount deficit, which is very closelyassociatedwithrupeedepreciation.Mr. Ram A Poddar, Co-chairman,

IndustryAffairsCommittee,PHDChamberhighlighted that increasing crude oilprices have not been the reason forrupee depreciation, rather the reasonsareslowingdownofexports, increase incurrentaccountdeficitandsomeexternalfactors and uncertainties, which aresentimentallyaffectingtherupee,whichisrelativelyaweakercurrency.

Dr.SPSharma,ChiefEconomist,PHDChambermentioned that the objective oftheOpenHouseDiscussionistoformulatea meaningful agenda for measures tocontrol Rupee volatility and bring rupeestability going forward. He opinionatedthatRupeehasbeenvolatiledue to threemainreasons–1)tradedeficithasalmostdoubledinthelast10years,whichisnotinsyncwith therisingeconomybecausethe rise in exports are not in sync withthe rising imports; 2) decelerating ratiobetween forex reserves,which is aroundUS$400billionandGDP,whichisaroundUS$2.8trillion;thisratiowas22%ofGDPin2007,16%in2014-15andcurrently itis 14-15%.Hestated thatwhile theGDPisrisingrobustly,forexarenot increasinginsyncwithitand3)Indiaisacountryofliabilities,asthecountry’snet investmentflows are in negative trajectory, coupledwith rising inflation and rising crude oilprices.


2nd National Summit on Sustainability

Dr. Jatinder Singh, Director, PHD Chamber; Mr. Kamal Singh, Executive Director, UN Global Compact Network, India; Mr. D. K Aggarwal, Vice President, PHD Chamber; Dr. Bhaskar Chatterjee, Former DG & CEO, Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, GOI; H.E. Mr. Jozef Drofenik, Ambassador, Embassy of the Republic of Slovenia; Mr. Ajay Poddar, Chairman, CSR Committee, PHD Chamber and Mr. Eric Hensel, Co-Founder Sustainable Square

Panel Discussion on Industries stake in achieving SDG 3, “Good health and well being”: Ms. Urmi Goswami, Assistant Editor, Economic Times; Ms. Nidhi Pundhir, Director, HCL Foundation; Dr. Manoj Nesari, Advisor (Ay), Ministry of Ayush, GOI; Dr. K. Madan Gopal, Senior Consultant (Health), NITI Aayog, GOI; Mr. Kamal Singh, Executive Director, UN Global Compact Network, India; Ms. Mohini Daljeet Singh, Chief Executive, Max India Foundation; Dr. Swati Jha, Director-Health Outreach, Reliance Foundation; Dr. Shikha Nehru Sharma, Founder & Managing Director, Dr. Shikha’s NutriHealth and Ms. Aboli Abkari, Head, Partnerships, Dr. Reddy’s Foundation

The 2nd National Summit onSustainability was organized underthe aegis of PHD Chamber on

September14,2018inShangri-La’s-ErosHotel, New Delhi. PHD Chamber urgedthe government to include ‘SustainableDevelopment’ in its apex economic andsocialpolicyagendamaking itoneof thenational top priorities to achieve India’sSustainable Development Goals (SDGs)so that economicdevelopment resonateswithpreservedandsustainedenvironmentandecology.The Chamber noted that India’s

economicdevelopmenthasadvancedandprogressed in the last coupleof decadeswithoutpayingrequiredheedtoecologicaland environmental sensitivities resultinginto disproportionate balance betweeneconomicdevelopmentsontheonehandandenvironmentandecologyontheother.ItanticipatesthattheNationalGuidelines

pertaining to SDGs would incorporatethe suggested recommendations ofPHD Chamber which seeks SustainableDevelopment to be included in the apexnational policymaking on economic andsociofront.Eminentexperts includedDr.Bhaskar

Chatterjee, Former DG & CEO, IndianInstitute of Corporate Affairs; Mr. JozefDrofenik, Ambassador, Embassy of TheRepublic of Slovenia; Mr. D K Aggarwal,VicePresident,PHDChamber;Mr.KamalSingh, Executive Director, UN GlobalCompact Network India;Mr. Eric Hensel,Co-Founder,SustainableSquare;Mr.AjayPoddar,Chairman,CSRCommitteeandDr.JatinderSingh,Director,PHDChamber.

Mr.JozefDrofenik,AmbassadorofTheRepublicofSloveniapointedout that justashiscountryhadincludedsustainabilityaspartof itsschoolandsecondary leveleducation, India is required to adopt asimilar approach so that sensibilities andcommitment to environment and ecologybecomes a part of India’s legacy andthereby an element of its National ApexEconomicPolicyagenda.Mr. D. K. Aggarwal, Vice President,

PHD Chamber urged the governmentto adopt best practices of developedeconomies on Sustainability towardseconomicdevelopment.Hefurtheradded,thatCorporateSocialResponsibilityshouldbecome indispensable to companies sothateconomicdevelopmentisabletostrikeasustainedbalancewithenvironmentandecology.Mr. Kamal Singh, ED, UNGCNI

deliberated that sensitization on SDGs

should start at all levels including inacademics, civil society, SMEs andCorporatesector.Dr. Bhaskar Chatterjee emphasized

that each corporate in India should havecome out in support of environment andecological related policy initiatives sothat economic development becomesinclusive.Mr. Ajay Poddar, Chairman, CSR

Committee, PHD Chamber pointed outthat SDGs build on the success of theMillenniumDevelopmentGoalsshouldgofurther as these are unique and call foractionbyallthecountries.During the summit, ‘PHD CSR

Compendium: Case Studies-SuccessfulSustainability/ CSR Initiatives’ waslaunched in which Sustainability/CSRactivitiesofRelianceFoundation,JaldhaaraFoundation, Dr. Reddy’s Foundation andHCLFoundationwereshowcased.


CAW

Interactive Session on Strategy for Implementation of Premium Mark and Standard Mark on Ayurveda Products

Dr. Deepika Gunawant, Consultant, Quality Council of India, Mr. Pradeep Multani, Chairman, AYUSH Committee, PHD Chamber, Dr. Naresh Sharma, Deputy Drug Controller, Central Drugs Standard Control Organization, New Delhi, Dr. Pradeep Kumar Dua, Research Officer at Drugs Control Cell, Ministry of AYUSH and Mr. Vivek Seigell, Principal Director, PHD Chamber

Mr. Pradeep Multani, Chairman, AYUSH Committee, PHD Chamber addressing the delegates

PHD Chamber organized aninteractive session on ‘Strategy forImplementation of Premium Mark

andStandardMarkonAyurvedaProducts’onAugust20,2018atPHDHouse,NewDelhi. The objective was to discuss theimplementation of Ayurvedic productsin India and to build on Standard andPremium Marks to instill the confidenceof the patients/general public in theformulations as also to enhance qualityandcompliancestandards.Mr. Pradeep Multani, Chairman,

AYUSHCommittee,PHDChambersharedhis views about AYUSH Premium markandStandardmarkonAyurvedaproducts.TotalworthofexportsofAYUSHproducts,including extracts of medicinal herbs,has gone up fromUS$ 352.93 in 2014-15toUS$403.59in2016-17.TheIndianAyurvedicMarket is poised to grow at aCAGRofaround16%overthenextdecade.Dr. Deepika Gunawant, Consultant,

Quality Council of India gave a briefpresentation about how QCI plays asignificant role in various categories.She also explained about the guidelines

and certifications requirements for GMPProducts (GoodManufacturingPractices)and also about CGMP (Current GoodManufacturing Practices) which isupgradedeverythreeyears.Dr. Pradeep Kumar Dua, Research

Officer at Drugs Control Cell,Ministry ofAYUSH explained about the Certificateof Pharmaceutical Products (CoPP)and supplementary guidelines for

manufacturing of Herbal products,CoPP for product based and GMP is forcertificationformanufacturingunits.Dr. Naresh Sharma, Deputy Drug

Controller,CentralDrugsStandardControlOrganizationdiscussedthevitalroleplayedbyGMPintheregulationprocess.Mr. Vivek Seigell, Principal Director,



Lankapak 2018, BMICH, Colombo, Sri Lanka

Mr. Anuradha Jayasinghe, President, Sri Lanka Institute of Packaging; Mr. Eran Wickramaratna State Minister of Finance, Sri Lanka; Mr. Rohan Victoria, President Asia Packaging Federation; Mr. Rishad Bathiudeen, Minister of Industry and Commerce; Mr. Youdhvir Singh, Deputy Secretary, PHD Chamber and Dr. Shilpak Ambule, Deputy High Commissioner of India at Sri Lanka

Dr. Shilpak Ambule, Deputy High Commissioner of India at Sri Lanka, Also seen (R to L) Mr. Rishad Bathiudeen, Minister of Industry and Commerce; Mr. Eran Wickramaratna, State Minister of Finance, Sri Lanka; Mr. Anuradha Jayasinghe, President, Sri Lanka Institute of Packaging and Mr. Imran Hassan, Managing Director, CDC Events

Ms. Neha Singh, IFS, Second Secretary, Economic and Commercial, High Commission of India at Sri Lanka, Dr. Shilpak M Ambule, Deputy High Commissioner of India at Sri Lanka and Mr. Youdhvir Singh, Deputy Secretary, PHD Chamber

PHD Chamber organized a nationalparticipation from India at the 20thEdition of Lankapak 2018, BMICH,

Colombo, Sri Lanka, September 14-16, 2018. Lankapak 2018 is a premierexhibition of packaging, printing, plasticandalliedmachineryinSriLanka.PHDCCIsetuptheIndiaPavilion,thelargestoneattheExpowith47Indiancompanies.Mr. Rishad Bathiudeen, Hon’ble

Minister of Industry and Commerce, SriLanka, Mr. Eran Wickramaratna, Hon’bleState Minister of Finance, Sri Lanka andH.E. Dr. Shilpak N Ambule, Deputy HighCommissionerofIndiaatSriLankaalongwith various dignitaries inaugurated theexhibition.Mr. Rishad Bathiudeen, Hon’ble

Minister of Industry and Commerce, SriLankainhisinauguraladdresshighlightedtheimportanceofprintingandpackaging.The Minister apprised the launch ofnew initiatives and investment in thepackaging sector by theMinistry to trainand strengthen the local SME packagingsector.

H.E. Dr. Shilpak N Ambule, DeputyHighCommissioner of India at Sri Lankaaddressing the event said that packagingisasimportantastheproductitself.Indiahas become the 5th largest packagingindustryintheworld.SriLankanIndustries

partneringwithIndiancompaniesthroughoutsourcingisanassettoIndia.Heurgedindustry partners to support the initiativeof theGovernment of India on clean andgreenearthbyusingrecyclablepackagingmaterials.

Mr.EranWickramaratna,Hon’bleStateMinisterofFinanceofSriLankamentionedthat Sri Lankan companies should adoptinternational standards of packaging andprintingforexportingtheirproducts.All dignitaries including Sri Lankan

MinistersandDeputyHighCommissionerofIndiavisitedtheIndiapavilionandwereapprisedabout theparticipationof IndianCompanies.The strong presence of India at

the exhibition attracted Micro and SMEEnterprisesofSriLankatocollaboratewithIndiancompanies.


CAW

Annual Convention on Capital Market & Commodity Market Moving Towards $5 Trillion Economy

Mr. B K Sabharwal, Chairman, Capital Market and Commodity Market Committee, PHD Chamber; Mr. Ravi Varanasi, Business Development Chief, National Stock Exchange of India Ltd; Mr. Sunil Jayawant Kadam, Regional Director, Securities & Exchange Board of India; Mr. Ashok Aggarwal, Chairman, Globe Capital Market Ltd; Mr. D K Aggarwal, Vice President, PHD Chamber; Dr. Mahesh Sharma, Union Minister for Tourism, Culture and Civil Aviation; Dr. C S Mohapatra, Additional Secretary, Department of Economic Affairs, Ministry of Finance; Mr. Mrugank M. Paranjape, Managing Director & CEO, Multi Commodity Exchange of India Ltd; Mr. Neeraj Kulshrestha, Chief of Business Operations, BSE Ltd and Mr. Narinder Wadhwa, Alternate President, Commodity Participants Association of India

The Capital Market and CommodityMarketCommittee of PHDChamberorganizedthe2ndAnnualConvention

on“CapitalMarket&CommodityMarket-MovingTowards$5TrillionEconomy”onSeptember 15, 2018 at Hotel Taj Palace,NewDelhi.Dr.MaheshSharma,Hon’bleMinister

of State for Tourism, Culture and CivilAviation was the Chief Guest while Dr.C S Mohapatra, Additional Secretary,DepartmentofEconomicAffairs,Ministryof Finance and Mr. N K Bhola, DirectorGeneral - Corporate Affairs, Ministry ofCorporateAffairsweretheGuestsofHonorfortheConvention.Mr. Suresh Prabhu, Hon’ble Minister

of Commerce & Industry congratulatedPHDChamber for theconventionthroughavideomessage.Mr.B.K.Sabharwal,Chairman,Capital

MarketandCommodityMarketCommittee,PHDChamberhighlightedthatCapitalandCommodityMarketinanycountryplaysapivotalroleinthegrowthofeconomyandmeeting the country’s socio-economic

goals.Mr. D. K. Aggarwal, Vice President,

PHD Chamber in his theme addressreiteratedthedemandoftheChamberforreductionincommoditytransactiontaxaswellassecuritiestransactiontaxaswiththis measure, the government revenueswould multiply and facilitate commodityand security related transactions inrespectivemarkets.Mr. Neeraj Kulshrestha, Chief of

Business Operations, BSE Ltd.; Mr. RaviVaranasi, Business Development Chief,NationalStockExchangeofIndiaLtd.;Mr.MrugankM.Paranjape,MD&CEO,MCXandMr.Sunil JayawantKadam,RegionalDirector, Securities& ExchangeBoard ofIndiapresentedtheirviewsattheInauguralSession.Chief Guest, Dr. Mahesh Sharma,

Hon’ble Minister of State for Tourism,CultureandCivilAviationexplainedthatthegovernmenthastrieditsbestandalreadyputinnecessarypolicymeasurestobringabout financialstability in the institutionalmechanism of the country. He said that

concerted efforts are required to bringaboutmorefinancialliteracyandintensivefinancial inclusionwithinthestakeholdersincommoditiesandcapitalmarket.Dr.CSMohapatra,AdditionalSecretary,

DepartmentofEconomicAffairs,MinistryofFinancesuggested that the transactioncharges on securities and commodityrelated transactions should be broughtdown. He said that the Data ProtectionBill has been out in public calling uponindustry togive itssuggestions toenablethegovernment tomake improvements ifrequiredatthisjuncture.Mr. Narinder Wadhwa, Alternate

President, Commodity ParticipantsAssociation of India presented the vote-of-thanks to the eminent experts at theinauguralsession.Mr. Virender Mansukhani, Chairman,

NorthernRegion,CommodityParticipantsAssociation of India delivered the formalvote-of-thanks to the guests. Theconvention was attended by more than450delegates.

In the first Technical Session on‘Changing Landscape of RegulatoryFramework’ under Capital & CommodityMarket, Mr. Ashok Aggarwal, Chairman,Globe Capital Market Ltd.; Mr. ShyamPoddar, Chairman, FOREX & FEMACommittee, PHD Chamber & ManagingDirector, Forex Capital Services Pvt Ltd.;Mr. Sandeep Jain, Director, Trade SwiftBroking Pvt Ltd.; Mr. Mayank Khemka,Managing Director, Khemka Group ofCompanies and Mr. Naveen Mathur,Director – Commodities & Currencies,AnandRathiGrouppresentedtheirviews.


At the felicitation ceremony, Mr. N. K. Bhola,Director General - CorporateAffairs, Ministry of CorporateAffairsandMr.D.K.Aggarwal,Vice President, PHD Chamberfelicitated the awardees. BestDerivative Exchange of Indiawas presented to NSE; BestCommodity Exchange of Indiato MCX; Best InternationalExchange at Gift City toIndia INX; Best Exchangeof India (Currency) to BSE;Best Agriculture CommodityExchange of India to NCDEX;Best Emerging CommodityExchange of the Year to ICEXand Best Exchange Indices atGiftCitypresentedtoNSEIFSC.

In the third Technical Session on‘Indian Financial System – The WayAhead’, Mr. Shiv Kumar Goel, Director,Bonanza Commodity Brokers Pvt. Ltd.;Mr.SanjivBhasin,ExecutiveVP-Markets& Corporate Affairs, India Infoline Ltd.;Mr. Anuj Gupta, Deputy Vice President -Research - Commodities & Forex, AngelBroking and Mr. Ashish Kila, Director,PerfectGroupsharedtheirperspectives.

In thesecond Technical Session on‘Opportunities in Commodity DerivativesMarket’, Mr. Vijay Sardana, Member,Commodity Derivatives AdvisoryCommittee,SEBI;Mr.RishiNathany,Head– Business Development & Marketing,Multi Commodity Exchange of India Ltd;Mr. Aleen Mukherjee, Executive VicePresident - Business Strategy, NationalCommodity & Derivatives Exchange Ltd;Mr.GauravKapoor,VicePresident&Head–NR,NationalStockExchangeofIndiaLtdand Mr. Rajeev Garg, Additional GeneralManager, BSE Ltd were the eminentexperts.


CAW

GST Conclave on How to prepare and file Annual Return - GSTR 9/ 9C (GST Audit) and Overview of TDS/ TCS provisions for Manufacturing, Service & Trading Sector

Mr. Anil Khaitan, President, PHDCCI; CA Abhi Narayan Mishra, Principal Director (Finance & Admin), PHD Chamber; CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber; Mr. Vashishtha Chaudhary, SVP (Services), GSTN; Ms. Kajal Singh, EVP (Services), GSTN and Mr. N K Gupta, Co-chairman, Indirect Taxes Committee

CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber; Mr. Anil Khaitan, President, PHDCCI and Ms. Kajal Singh, EVP (Services), GSTN

TheIndirectTaxesCommitteeofPHDChamber in collaboration with TheInstitute of Chartered Accountants

ofIndia(ICAI)organizedaGSTConclaveon‘HowtoprepareandfileAnnualReturn-GSTR9/9C(GSTAudit)andOverviewofTDS/ TCS provisions for Manufacturing,Service & Trading Sector’ on September26,2018atPHDHouse,NewDelhi.Ms.KajalSingh,EVP(Services),GSTN

wastheChiefGuestwhileMr.VashishthaChaudhary,SVP(Services),GSTNwastheGuestofHonourattheConclave.Mr. Anil Khaitan, President, PHD

Chamber stated that GST annual returnsand reconciliation statement should besimplified as there is no automating ofITC and reconciliation thereof. However,GSTannual returns filedwith chaste andpure intentions by the industry even ifaccompanied with certain lapses, thegovernment should take a lenient viewtowards such returns so that correctivemeasurescanbeacceptedinthesystem.Chief Guest, Ms. Kajal Singh,

ExecutiveVicePresident(Services),GSTNinherinauguralremarksassertedthat90percentofGSTtaxreturnsfilershavebeen

submitting their details with GSTN portalandforremaining10percentpenalactionswouldfollow.Mr. Vashishtha Chaudhary, SVP

(Services), GSTN mentioned that largelythesystemhasbeenworkingefficientlyintermsofreceivingGSTreturnsthoughthegovernment isalsoengaged in improvingits systematic details and in due course

oftimethingswillcompletelysettledownandleadtoawin-winsituationforbothtaxpayersandtaxcollectors.CABimalJain,Chairman,IndirectTaxes

Committee, PHD Chamber in his themepresentation appreciated the governmentinitiative to put GST in right perspectiveand proper GSTN mechanism. However,


CA Gaurav Gupta; CA Bimal Jain, Chairman, Indirect Taxes Committee, PHD Chamber; Mr. Shashank Shekhar, Advaita Legal and Mr. N K Gupta, Co-chairman, Indirect Taxes Committee

challengesstillneedtobeaddressed.CAGaurav Gupta mentioned that transitionfromonetaxregimetoanother isalwaysa challenging one. He said stringentconditionslaiddowninthelawforavailingtransitionalcredithasmade itdifficult fortheassessetotaketransitionalbenefitsinalenientandfriendlymanner.Mr. Shashank Shekhar, Advaita Legal

asserted that separate registration indifferent States for the same entity isrequired,unliketheCentralizedRegistrationSystem prevalent under Service Taxregime.Furtherhetalkedabouttheissuesrelated to transitionofcredit financingbythe services sector. He also highlightedthe impactofGSTonexportofservices,Advance Ruling on Export (Zero ratedsupply), Liquidated damages, Impactof GST on the activities performed byemployees for various registered entitiesofthesamecompanyandimpactofGSTonworkscontractservices.CABimalJain&CSIshaBansalthrough

theirdetailedpresentationhighlightedsomeofthelatestkeyamendmentsinGSTlaw.They also explained that No ITC shall beavailableforservicesofgeneralinsurance,servicing,repairandmaintenanceinsofaras they relate tomotor vehicles, vesselsand aircraft for which the credit is not

available.CA Archana Jain in her presentation

gave an overview of GSTR 9C –Reconciliation statement. She explainedSection 2(13) and Section 35 (5) whereevery registered person whose turnoverduring a financial year exceeds theprescribed limit (Rs. 2 crores) shall gethis accounts audited by a charteredaccountant or a cost accountant andshallsubmitacopyoftheauditedannualaccounts, the reconciliation statementunder sub-section (2) of Section 44 andsuch other documents in such form andmannerasmaybeprescribed.CAAvinashPoddarexplainedindetail

theissuesintransitionalcreditsofTradingsector.HementionedthatGSTlawmakershaveincorporatedtheconceptofTDSandTCSunderGSTlawtotrackthebusinesstransaction and generate revenue. Asper Section 51 of the CGST Act, tax atsource is required to be deducted bythe government departments from thepaymentmadeorcreditedtothesupplierinspecifiedsituationsofsupplyofgoodsandservicesorboth.Hefurtherexplainedtheadvantages&disadvantagesofGSTtoTradingSector.CA Abhi Narayan Mishra, Principal

Director, PHD Chamber delivered theformalvote-of-thankstotheguests.

Mr. Rajeev Talwar, President, PHD Chamber being felicitated by DSE Dr. S P Sharma, Chief Economist, PHD Chamber being felicitated by DSE

PHD Chamber participated in the Annual Function - Erudition 2018 of Delhi School of Economics, Department of Commerce

Mr.RajeevTalwar,President,PHDChamberparticipatedasGuestofHonorintheAnnualFunction‘Erudition2018’ofDelhiSchoolofEconomics(DSE),DepartmentofCommerceheldonOctober13,2018,atNDMCConventionCentre,SansadMarg,ConnaughtPlace,NewDelhi.Hegaveaninsightfulinauguraladdresson‘BlurringBoundaries-UnchartedFrontiers’.Dr.SPSharma,Chief

Economist,PHDChamberalsogaveathoughtprovokingtalkon‘PopulistNationalism:DisruptingtheScopeofInternationalTrade’.


CAW

Open House Discussion on Increasing Trade Protectionism: Way Forward for India

Ms. Anangmanjari Hemrajani, Research Intern, PHD Research Bureau, Ms. Shivani Mehrotra, Research Associate, PHD Research Bureau, Ms. Bhawna Kakkar, Research Associate, PHD Research Bureau, Ms. Surbhi Sharma, Associate Economist, PHD Research Bureau, Delegate at the Open House Discussion, Shri Saurabh Sanyal, Secretary General, PHD Chamber, Dr. Ram Upendra Das, Head and Professor, Centre for Regional Trade, Ministry of Commerce & Industry, Govt. of India, Mr. Rajeev Talwar, Sr. Vice President, PHD Chamber, Mr. Sanjay Chadha, Additional Secretary, Ministry of Commerce & Industry, Govt. of India, Mr. Surinder Kalra, Member, PHD Chamber, Mr. Sanjay Beswal, Co-Chairman, Foreign Trade and Investment Committee, PHD Chamber, Dr. S P Sharma, Chief Economist, PHD Chamber, Delegate at the Open House Discussion, PHD Chamber and Ms. Kritika Bhasin, Research Associate, PHD Research Bureau

The Foreign Trade and InvestmentCommittee of PHD ChamberorganizedanOpenHouseDiscussion

on ‘Increasing Trade Protectionism: WayForwardforIndia’onSeptember15,2018atPHDHouse,NewDelhi.Mr.Rajeev Talwar, Sr. VicePresident,

PHD Chamber mentioned that morecoordination is required betweenindustries,academicsandthegovernmentfor achieving effective outcomes. Heurged all the industry stakeholders toworktogether forsettingnewIndia in themaking.Mr. Sanjay Chadha, Additional

Secretary, Ministry of Commerce &Industry stated that in January 2018,President Mr. Trump came out with alist of products on which tariffs wereto be imposed (specifically steel andaluminum).Chinaretaliatedandcameoutwith a list of just 128 lines out ofwhichonly8lineshada25%tariffwhiletheresthadarateof10%.Chinaretaliatedstronglyand came out with a second list of 106lines(especiallysoya)inthemonthofJuly2018. The third set of list had 120 lineswhilethefourthhad255(inthemonthofAugust 2018). Furthermore, other lineswerealsorevealedandthetotalcameouttobe703linesofwhich309linescateredto productswhere U.S. exports to Chinawere near zero. Also, a set of 202 lineshad imports from the U.S. as less thanten million. There were only 200 lineswhere exports from the U.S. to Chinawere substantial. An analysis of theselines show that the overall productionandconsumptionhasremainedthesame

while only the prices have changed theircourse. The trade gap between the twocountrieshasactuallywidened.Therefore,he said that unless you are competitivein manufacturing, tariffs are not goingto help and thuswe need to look at ourfactorsofproductioninordertomakeourmanufacturingcompetitive.Dr. Ram Upendra Das, Head and

Professor, Centre for Regional Trade,Ministry of Commerce & Industry statedthatitisimportanttounderstandtherippleeffects of the U.S. move to protectingits domestic industry in the name ofemployment. According to him, if U.S.blocksimportsfromChinaofcriticalinputslikesteelandaluminiumthentheobviousimplicationisthatthesteelandaluminiumsectorsinChinawillfaceproblems.Sincethe two inputs go into making productswithin China as well which are actuallymanufacturedby importing rawmaterialsfrom South East Asian economies likeASEAN, Japan, Korea, etc, then theirdemand for such materials will also godown implying lower level of economicactivityintheregion.Asaresult,demandby these economies for U.S. productswillalsogodowninturn.Therefore,whatbegan as protecting jobs in the U.S. byway of raising tariffs onChina and othercountries, will lead to lower demand forU.S. products to the rest of the world.This wouldmean harmful effects for theU.S. domestic economy. He mentionedthatitisourdutytomakemultilateralruleworkbystrengtheningthemultilateralrulesystemsinceitiscapableofhandlingsuchunilateralactionsandsigningofmoreFree

TradeAgreementsbetweenthecountries.Mr. Sanjay Beswal, Co-chairman,

ForeignTradeandInvestmentCommittee,PHDChambersaid thatdue toPresident,Mr. Trump’s “America first” policy theU.S. started imposing tariffs on steel &aluminiumfromallthecountries.Hestatedthatwarsareeasiertostartbutdifficulttocontainandinthepastalso,countrieshavebeenengaginginprotectionismleadingtotradewars. Therewill bemisbalances inthe supply and demand mechanisms.He said that shortages will lead to priceriseand the rupee isalreadygoingdownwith thestockmarkets reacting timeandagain.Hefurtherstatedthatthesentimentwill affect foreign investment flows too.Theremaybeshort-termbenefitstowardsadopting trade protectionism but it isimportantforallofustodeliberateonthelong-termeffectsoftradeprotectionism.Mr. Saurabh Sanyal, Secretary

General,PHDChamberstatedthattheon-goingtradetensionsbetweentheU.S.andChina have assumed critical importance,considering the fact that these two areamongst the major dominant economiesoftheworld.HesaidthatIndiacannothaveadifferentattitudetowardstheU.S.aswellasChinasince80%ofourMSMEssourcetheir rawmaterials fromChinaaswellasthe U.S. Therefore, we have to strike abalancebetweenboththenations.Dr.SPSharma,ChiefEconomist,PHD

Chamber mentioned that PHD ResearchBureau is also conducting an analysis toknow how China is capturing the worldmarkets.


Conference on Virtual Reality, Augmented Reality, Mixed Reality

Mr. Vipin Tyagi, Executive Director, C-DOT; Dr. Jatinder Singh, Director, PHD Chamber; Dr. Sushil Chandra, Scientist ‘G’, DRDO; Mr. Deepak Pahwa, Chairman and Mr. V K Mishra, Co-chairman, Innovation & Industry 4.0 Committee, PHD Chamber and Mr. Anumukonda Ramesh, Unity Head for Education and Centre of Excellence Initiatives (APAC)

Mr. Anurag Rana, CEO & Founder, Threye Interactive; Mr. Anumukonda Ramesh, Unity Head, APAC; Mr. Vipin Goyal, Director, Veative Labs; Mr. Raman Talwar, CEO and Founder Director, Simulanis Solutions Pvt. Ltd.; Mr. Arvind Neelakantan, Product Evangelist, Unity Technologies and Mr. Mohit Ramani, Managing Partner, Digital Agents Interactive Pvt. Ltd.

The Innovation and Industry 4.0Committee of PHD Chamberorganized a conference on “Virtual

Reality, Augmented Reality and MixedReality” on September 22, 2018 at PHDHouse, New Delhi. The key sectorswere Defence, Healthcare, Education &Skill Development. The objective wasto sensitize the industry on applicationsofVR,AR&MR in thesesectors.Thesenew technologies have revolutionized thedesign of a new computing platform toreplicate the realenvironmentbypushingthe limits of technologies in processing,sensinganddisplays.Thediscussionagendaattheinaugural

session was Thought Leadership andPolicy Intervention inTransforming IndianIndustry using AR/VR Technologies.Mr. Vipin Tyagi, Executive Director,Centre for Development of Telematics,Telecom Technology Development Centreinformed the delegates about the IT andtelecom infrastructure being created bytheGovernment inurbanaswellas ruralareasandstepsbeingtakenforfacilitatingadoptionofVR/AR/MR.Dr. Sushil Chandra, Scientist ‘G’,

Head-BioMedicalDepartmentatInstituteofNuclearMedicine andAlliedSciences,DRDO spoke about the implementationof VR/AR in defence and the potential,benefits& utility of the same and invitedIndian VR/AR companies and developerstodevelopsolutionsforIndia.Mr.AnumukondaRamesh,UnityHead

for Education and Centre of ExcellenceInitiatives (APAC) gave an internationalperspectiveonthethemeandenumeratedthe achievements of Unity in facilitating

innovationsinVR/AR/MR.Mr. Deepak Pahwa, Chairman,

Innovation & Industry 4.0 Committee,PHD Chamber gave his perspectiveon the evolution of technology in themanufacturing sector, from industrialrevolution caused by development ofsteamenginetotheIndustry4.0intoday’sera.Mr. V K Mishra, Co-chairman,

Innovation & Industry 4.0 Committee,PHDChamberspokeabouttheapplicationof VR/MR in various sectors and theinitiatives being taken by PHD ChamberforsensitisingtheIndianindustrytoadoptvariousnewtechnologies.Dr. Jatinder Singh, Director, PHD

Chamber gave his perspective on thethemeandtherationalebehindorganizingtheconference.The technical session on “Future

trendsofARVRinIndustryandAcademia”

wasaddressedbyMr.AnuragRana,CEO&Founder,ThreyeInteractive,whospokeaboutthepotentialandapplicationsofVR/AR in education and industrial sectorsand also gave a demonstration by flyingadrone;Mr.VipinGoyal,Director,VeativeLabs, focussed on the role of VR/AR inEducation; Mr. Raman Talwar, CEO andFounder Director, Simulanis SolutionsPvt. Ltd. enlightened the delegates aboutthe applications of VR/AR in industrialsector, specially the healthcare and autosectors;Mr. Arvind Neelakantan, ProductEvangelist, Unity spoke about the recentinnovationsinVR/ARandthelikelyfuturedevelopments in this sector; Mr. MohitRamani,ManagingPartner,DigitalAgentsInteractivePvt.Ltd.gaveadescriptionofuse of these technologies in education,industry and retail sectors and hiscompany’sinternationalprojects.Two parallel Roundtables one on “AR

VRTechnologies forDefence& IndustrialSectors”was chaired byMr. V.K.Mishraandthesecondoneon“ARVRTechnologiesfor Education & Skill Development” waschaired by Prof Alok Prakash Mittal,Member Secretary, AICTE. The delegateshad fruitful interactive deliberations andgavesuggestionsregardingdevelopinganecosystemforVR/ARin Indiato leveragethefullpotentialofthesetechnologies.Unity was the Partner for the

conference and Digital Agents InteractivewastheLunchSponsorfortheevent.More than 150 professionals from

various Government departments,Universities and eminent educationalinstitutions, VR/AR companies/Startupsandvarious industries fromallover Indiaparticipatedintheevent.


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Economic Conclave 2018 on Rural India: Road to US$ 5 Trillion Economy by 2025

Prof N R Bhanumurthy, Professor, National Institute of Public, Finance and Policy (NIPFP); Dr. Pronab Sen, Country Director, India Central Programme of International Growth Centre (IGC); Mr. D.K. Aggarwal, Vice President, PHD Chamber; Mr. Subhash Chandra Garg, Secretary, Economic Affairs, Ministry of Finance; Mr. Vijay Mehta, Chairman, Economic Affairs Committee, PHD Chamber; Prof Jaimini Bhagwati, RBI Chair Professor, ICRIER and Dr. SP Sharma, Chief Economist

The Economic Affairs Committeeof PHD Chamber organized anEconomic Conclave 2018 on Rural

India: Road to US$ 5 Trillion Economyby2025onSeptember19,2018atPHDHouse, New Delhi. Eminent Speakersincluded Mr. Subhash Chandra Garg,Secretary, Economic Affairs, Ministry ofFinance;Dr.PronabSen,CountryDirector,India Central Programme of InternationalGrowth Centre; Prof. Jaimini Bhagwati,RBIChairProfessor,ICRIERandProfNRBhanumurthy, National Institute of PublicFinance&Policy.Mr. Anil Khaitan, President, PHD

Chamberverbalizedthattodaywestillfacetheproblemofbasicissueslikeinadequatepower supply, illiteracy, sanitation, lackof proper health care facilities, etc. Hesuggested that the moment we startinvesting in humancapital in our villagesthatiswhenIndia’sGDPisgoingtogrowas then the rural youth of the country isgoingtocontributeinallthethreesectors.He emphasized that it is essential that ifany government in powerwants India togrowthentheyhavetolookattheMSMEsector.Mr. D. K. Aggarwal, Vice President,

PHD Chamber mentioned that India isthe fastest growing economy today andby 2025 India will become third largestconsumer market of the world. He toosuggested that we need to invest inrural India, on both physical and socialinfrastructureasthereisaneedforfarmers

toinvestinalliedareas.Mr.VijayMehta,Chairman,Economic

Affairs Committee, PHD Chamber in histhemepresentationsaidthattoreachataUS$5trillioneconomy,weneedtoanalyzethe factors that will help us reach US$2.5 trillion economy. The first principleis realistic planning so that there is nowastageofresources.Mr.SubhashChandraGarg,Secretary,

DepartmentofEconomicAffairs,Ministryof Finance added that there should beSkill Development programmes, greaterinvestmentsinconstructionandespeciallycreating jobs through ‘Make in India’in manufacturing. He mentioned thatschemes such as Ujjawla Yojana andSaubhagya are helping rural masses.He emphasized that with all theseinvestments and transformations takingplace, the rural economy will see lot oftransition and change from too muchof the agriculture dependence to non-agriculture, manufacturing, services, andre-orientation will be the true accretionof the incomes of the rural people. Hesaid that rural economy is an extremelyimportantsegmentandhastoplayitsroleinachievingUS$5trillioneconomy.Dr. Pronab Sen, Country Director,

India Central Programme of InternationalGrowthCentrestressedontheimportanceof pattern of expenditure arising out ofagricultural incomes which gives rise tostrong impulses in the SMEs sector. HequestionedhowtheliquidityneedsofruralIndiaaremetasruralIndiaismostlyacash

economywhichneedstobeaddressedinthecomingtimes.Prof. Jaimini Bhagwati, RBI Chair

Professor, ICRIER stated that an efficientagricultural sector cannot be achievedif one does not have adequate assuredirrigation. He added that the IndustrialDisputes Act needs to be addressed inorder tomove people from rural India orsemiruralIndiatomanufacturing.Hesaidthatthereisaneedtogettheexcesspeopleoutoftheagriculturesectorsothatpeoplehave larger land holding, more efficientagriculturecanhappenandthereisbetterassuredirrigationandlessdependenceonmonsoon.Prof. N R Bhanumurthy, Professor,

NIPFPmentionedthattheschemeofIndiraAawas Yojana has added nearly 1 crorehousesby theendofMarch2018whichisaverysubstantialkindofprogressintherural housing segment. He said that thePrimeMinisterGramSadakYojanaisalsothe most successful rural infrastructureporgramme in the country. He said thatthere is an abundance of resources butplanningand implementationneeds tobestrengthened,goingforward.Dr. S. P. Sharma, Chief Economist,

PHD Chamber stated that India’s growthratestoodat8.2% in theQ1of2018-19andwillgrowataround7.4%or7.5%in2018-19asprojectedbyvariousesteemedorganizations such as IMF, World Bankand the respected institutions in India.TheConclavewassponsoredbyMefcomCapitalMarketsLtd.andSMCInvestmentsandAdvisorsLtd.


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Infrastructure Conclave-2018Inaugural Session

Releasing of Knowledge Paper prepared by PHD Chamber & ICRA:

Panel Discussion-I: Industry Outlook, Policy Initiatives & Regulatory Framework in Infrastructure Sector

Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Ashish Wig, Chairman, Roads, Ports & Other Infrastructure Committee, PHD Chamber; Mr. Kailash Kumar Aggarwal, Joint Secretary (Sagarmala), Ministry of Shipping, Govt. of India; Mr Anil Srivastava, IAS, Adviser (Transport) & Director General, Development Monitoring and Evaluation Office (DMEO), NITI Aayog; Mr. D.K. Aggarwal, Senior Vice President, PHD Chamber; Mr. Amit Kumar Ghosh, IAS, Joint Secretary, Ministry of Road Transport and Highways, Govt. of India and Mr. Saurabh Sanyal, Secretary General, PHD Chamber

Mr. Shubham Jain, Group Head & Vice President, ICRA; Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Ashish Wig, Chairman, Roads, Ports & Other Infrastructure Committee, PHD Chamber; Mr. Kailash Kumar Aggarwal, Joint Secretary (Sagarmala), Ministry of Shipping, Govt. of India; Mr Anil Srivastava, IAS, Adviser (Transport) & Director General, Development Monitoring and Evaluation Office (DMEO), NITI Aayog; Mr. D.K. Aggarwal, Senior Vice President, PHD Chamber; Mr. Amit Kumar Ghosh, IAS, Joint Secretary, Ministry of Road Transport and Highways, Govt. of India and Mr. Saurabh Sanyal, Secretary General, PHD Chamber

Mr. Ashish Wig, Chairman, Roads, Ports & Other Infrastructure Committee, PHD Chamber; Mr Ajoy Halder, Partner, Halder & Associates; Mr. R.K. Pandey, Member (Projects), National Highways Authority of India (NHAI), Govt. of India; Mr Arjun Chaudhuri, Senior Journalist; Mr. K.K. Kapila, CMD, Intercontinental Consultants & Technocrats & Chairman, International Road Federation; Mr. KK Gupta, Vice President and Head- Special Initiatives, L&T Construction and Mr. R.K. Singh, Chief Engineer cum Nodal Officer-OPRMC, Road Construction Department, Govt. of Bihar

The Roads, Ports and OtherInfrastructure Committee, PHDChamber organized its seventh

‘InfrastructureConclave-2018’onOctober5,2018atPHDHouse,NewDelhiwhichwasattendedbymorethan150delegatesfromIndustryandotherstakeholders.ChiefGuest,Mr. Anil Srivastava, IAS,

Adviser (Transport) & Director General,Development Monitoring and EvaluationOffice (DMEO), NITI Aayog emphasizedon the fact that adoption of advancetechnologies would be critical for timelytakeoff of infrastructure projects suchas Sagarmala or Bharatmala. High costof logistics is another challenge that ourcountry is facing and efforts should bemadetoreducethesame.Mr. Kailash Kumar Aggarwal, Joint

Secretary (Sagarmala), Ministry ofShipping informed the participants thatnecessarydotsarebeingconnectedwithprogressive policy interventions so thattheSagarmalaProjectisaccomplishedaspergovernmentintention.Hefurtherstatedthat the private sector is also playing acritical role in creating capacities in theportsectorandhopedthat inthedaystocome, the private sector would becomemore pro-active in its participation withthe government initiatives for SagarmalaProject.Mr. Amit Kumar Ghosh, IAS, Joint

Secretary, Ministry of Road Transportand Highways stated that his Ministryis aggressively working on the landacquisition drive to build well in timethe targeted roads and highways under‘Bharatmala project’ across the country


Technical Session: Emerging Technologies for Faster Infrastructure Creation & A view on road safety in India: much to do

Panel Discussion-II: Infrastructure Project Financing

Panel Discussion-III: Alternative Dispute Resolution Mechanism in Infrastructure Sector

Mr. Varun Bhardwaj, Deputy Secretary, PHD Chamber; Mr. K. Sitaram Anjanyelu, Chief Scientist, Central Road Research Institute (CRRI); Mr. Vishwas Singh, VP-Govt. Affairs & Advocacy, Shuttl; Mr. Ashish Wig, Chairman, Roads, Ports & Other Infrastructure Committee, PHD Chamber; Dr. Tanu Jain, Asst. DG, Ministry of Health and Family Welfare, Govt. of India; Mr. Shivang Sood, Executive Officer, PHD Chamber; Mr. Pradeep Sharma, President, ACE; Mr. Amandeep Singh, Business Head-Reflective Solutions-South Asia & East Africa, Avery Dennison India Pvt. Ltd; Mr. Rajesh Monga, National Business Manager, Trimble Solutions and Mr. Tushar Sharma, Assistant Secretary, PHD Chamber

Mr. Rajeshwar Burla, Assistant Vice President, Associate Head-Corporate Ratings, ICRA; Mr. Sanjeev Agarwal, Partner-Deals, PricewaterhouseCoopers Pvt. Ltd; Dr Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Sandeep Upadhyay, MD&CEO, Centrum Infrastructure Advisory Ltd. and Dr. RJR Kasibhatla, Deputy Legal Adviser, Ministry of Law and Justice, Govt. of India

since it has acquired 9,500 hectares ofland for the purpose in FY 2017-18. TheMinistrywouldco-ordinatewiththestatestofacilitatelandacquisitionforBharatmalaprojects,hefurtheradded.Mr. D.K. Aggarwal, Senior Vice

President, PHDChamber in hiswelcomeaddress said that nearly all of theinfrastructure sectors present excellentopportunities, with roads and highways,ports and airports, railways and powerstanding out as bright spots, with hugesumsofinvestmentplanned.Publicprivatepartnershipsaregaininginimportanceandarebenefitingfromgovernmentsupport.Mr. Ashish Wig, Chairman, Roads,

Ports & Other Infrastructure Committee,PHDChamber inhis industryperspectivementioned that Infrastructure sector isa key driver for the Indian economy. Thesector ishighly responsible forpropellingIndia’s overall development and enjoysintense focus from Government forinitiating policies that would ensuretime-bound creation of world classinfrastructure.The Conclave had three panel

discussions and one technical sessionwhichwereaddressedbyvariouseminentspeakers both from the govt. and privatesector.Mr.SaurabhSanyal,SecretaryGeneral,

PHD Chamber delivered the formal vote-of-thankstotheguests.Dr. Ranjeet Mehta, Principal Director,

PHD Chamber concluded that the totaloutlayforinfrastructureintheFY2018-19standsatRs.5.97lakhcrore,ascomparedtotheRs.4.94lakhcroreforFY2017-18,anincreaseofRsonelakhcrore.

Mr. S. Ravi Shankar, Senior Partner, Law Senate Law Firm; Dr RJR Kasibhatla, Deputy Legal Adviser, Ministry of Law and Justice, Govt. of India; Mr. Ashish Wig, Chairman, Roads, Ports & Other Infrastructure Committee, PHD Chamber; Mr. Adarsh Kumar, Partner, Masin Project and Dr. Sridhar Mothe, General Manager-Contracts, NCC Ltd.


CAW

RAC India ExCon 2018

PHD Chamber along with the NorthIndia Refrigeration Air-conditioningTrades Association and Orange

Marcom Services Pvt. Ltd. organizedRAC India ExCon 2018, October 4-6,2018 at New Delhi, one of the NorthIndia’s major exhibition of HVAC&R andCold-Chain. The exhibition was focusedon the manufacturers and suppliers ofRefrigeration,Air-conditioning,Coldchainandalliedindustries.The event was supported by the

Ministry of Micro, Small and MediumEnterprises, Ministry of Food ProcessingIndustries along with the apex industrybodies such as AAR (Association ofAmmonia Refrigeration), Federationof Cold Storage Association of India,NCCD (National Center for Cold ChangeDevelopment), IIAR(International InstituteofAmmoniaRefrigeration,IndiaChapter),NSIC,SESI(SolarEnergySocietyofIndia)alongwithSOSIAD (Turkey’sAssociationforColdStorage).The exhibition had 54 participants

along with 1500 plus visitors during thethreedaysoftheexhibition.Aconferencewasorganizedparalleltothemainexhibitionbythenameof“BrainBate”whichfeaturedkeynote talks and presentations of peer-

reviewedhigh-qualityresearchpapers.Eminent dignitaries included Mr.

D. K. Agarwal, Sr. Vice President, PHDChamber; Mr. Ashok Mittal, President,Northern India Refrigeration & Air-Conditioning TradesAssociation;Mr. EricM. Smith, Vice President & TechnicalDirector,InternationalInstituteofAmmoniaRefrigeration; Mr. Mukesh Agarwal, VicePresident, Federation of Cold StorageAssociation of India; Mr. Anil Gulanikar,President, Association of AmmoniaRefrigeration; Mr. Bijay Kumar, Former

Chief Secretary,Maharashtra;Dr.M.ArizAhamed, Managing Director, NationalHorticulture Board; Mr. Pawanexh Kohli,Chief Advisor & CEO, National Centrefor Cold Chain Development and Mr.V K Mishra, Chairman, Agri BusinessCommittee,PHDChamber.A MoU was signed between PHD

Chamber and International Institute ofAmmonia Refrigeration, India Chapter byMr. Saurabh Sanyal, Secretary General,PHD Chamber and Mr. Samir Shah,President,IIAR(IndiaChapter).

Mr. Naveen Seth, Principal Director, PHDCCI; Dr. R.K. Sharma, Former Director, NHB & Consultant NIFTEM, GoI; Mr. Ashok Kumar Mittal, President, NIRATA; Mr. Pawanexh Kohli, Chief Advisor & Chief Executive Officer, National Centre for Cold-chain Development (NCCD); Mr. Eric M Smith, Vice President & Technical Director IIAR, USA; Mr. D.K. Agarwal, Sr. Vice President, PHDCCI; Dr. M. Ariz Ahamed, MD, NHB, Mr. Anil, Gulanikar, Association of Ammonia Research (AAR) and Mr. V. K. Mishra, Chairman, Food Processing Committee, PHDCCI

MoU signing between PHD Chamber and International Institute of Ammonia Refrigeration India Chapter (IIAR-I)

Pavilions


26th Kent Memorial Lectures: National Homoeopathic Conference

Dr. R. K. Manchanda, Director General, Central Council of Research in Homeopathy; Dr. R.N. Wahi, Chairman, Organizing Committee, SDHA; Dr. S.K. Mehta, President, SDHA; Dr. Kanawal S. Sethi, Advisor, Homeopathy, Ministry of AYUSH, Govt. of India; Mr. Pradeep Multani, Chairman, AYUSH Committee, PHD Chamber; Mr. Vivek Seigell, Principal Director, PHD Chamber and Dr. Shailja Nayyar, Vice- President, SDHA

Release of the Souvenir for 2018

PHD Chamber in association withthe South Delhi HomeopathicAssociation (SDHA) and Central

Council for Research in Homeopathy(CCRAS) as a Technical Partner jointlyorganized the26thNationalHomeopathic(KMLLectures)ConferenceontheTheme-Dr.Hamer’sMethod&aNewParadigminHealth Care, Applicable in All Steams ofMedicineSeptember15-16,2018atPHDHouse, New Delhi. The objective was toprovide safe and quality homeopathictreatmentstopatientswithoutsideeffectsandeducatepeopleaboutHomeopathy&itsimportance.Andalsotoshowcaseandpromote Dr. Hamer’sMethod to improvesuccessrateinHomoeopathy.

Dr. R. K. Manchanda, DirectorGeneral Central Council for Research inHomoeopathywas the Chief GuestwhileDr. Kanwal S. Sethi, Deputy Advisor(Homoeopathy), Govt. of India, MinistryofAYUSHwastheGuestofHonour.OtherdignitariespresentwereDr.J.D.Daryani,Dr.TanvirHussainandDr.BipinJethani.Mr. Pradeep Multani, Chairman,

AYUSH Committee stated that nearly 90percent of the diseased conditions canbe handled better by theAYUSHsystem,whereinHomoeopathyplaysagoodpart.Mr. Vivek Seigell, Director, PHD

Chamber emphasized the role of theChamber in promoting homoeopathyamongst the masses and coordinatingwiththegovernmentinframinglong-termpoliciesforthebenefitofthesystem.

Asauniqueexperiment thisyear, theKMLhadonlyonespeakerthatwasDr.C.J.Varghese,fromKerala,aformermemberof the Central Council of Homoeopathyand a disciple ofGermanNewMedicine,founded by Dr. Ryke Geerd Hamer, ofGermany.IntroducingGermanNewMedicine,Dr.

VarghesementionedthatthoughDrHamerhad never studied Homoeopathy, hisdiscoveries are strikingly similar to thoseofDr.Hahnemann.Giving a backgroundofGermanNew

Medicine, Dr. Varghese stated that morethan twenty years ago, Dr. Ryke GeerdHamer, a German doctor with his ownpractice inRome, Italy, receiveda call inthe middle of the night. His 17-year oldsonhadbeenshotwhileonholidayinthe

Dr. C.J. Varghese, MD (HOM) Former Member, Central Council of Homeopathy Dept. of AYUSH, Ministry of Health & Family Welfare, Govt. of India

Mediterranean. Three months later, Dirkdied and shortly after, Dr. Hamer, whohadbeenhealthyallhislife,butwhowasutterly devastated by this catastrophe,found he had testicular cancer. Rathersuspicious about this coincidence, hesetaboutdoing researchon thepersonalhistoriesofcancerpatientstoseewhethertheyhadsufferedsomeshock,distressortraumabeforetheirillness.In time, after extensive research on

thousands of patients, Dr. Hamer wasfinally able to conclude that disease isonly brought about by shock for whichwearetotallyunprepared.Thispartofthelineisanimportantpoint.Ifwecaninanyway be prepared for the shocking event,wewillnotbecome ill. In fact,Dr.Hamerdoesnotliketosay‘cancer’.Rather,itisa

specialbiological responsetoanunusualsituation,andwhenthe‘shock’situationisresolved,thebodysetsaboutreturningtonormality.Dr.Hamer’sresearchrevealedspecific

conflicts (PSYCHE) which gave rise tothe specific organ pathology (ORGAN


INVOLVEMENT), and pursuing thishypothesis, he analysed patients’ brainscans and compared them with theirmedical records.He found thataconflictshock, which he termed as DHS (DIRKHAMERSYNDROME),namedafterhissonDirk, occurs not only in the Psyche, butimpacts simultaneously the area of brainthatcorrelatedbiologicallytotheparticularconflict. Dr. Hamer further discoveredthat every disease – not only Cancer! Iscontrolled from its own specific area inthe brain, and linked to a very particular,identifiable,“conflictshock”.Themomentthe brain cells register the DHS, theinformation is immediately transmitted tothe corresponding organ (as understoodby knowledge of embryology), and atthis instant, a SBS (Significant BiologicalSpecial)programmeisactivatedtoassisttheorganism,bothonpsychological andphysicallevel,duringthatcrisis.Dr. Hamer’s research work led

to the conclusion that ‘Disease’, in anatural-science-nosological sense, is ateleologicallycomprehensible,meaningfulbiological occurrence, ‘a specialprogramme’ofNature.ThefiveBiologicalLawsexplainedby

Dr.Hamer,are:1.EveryCancer,orCancerlikedisease,originateswithaDirkHamerSyndrome(DHS),whichisaverydifficult,highlyacute, dramatic and highly isolatingshock, experienced in simultaneousthreelevels,namelythePsyche,Brain,andtheOrgan.

2. Every disease is a two-phasedoccurrence, as long as there is aresolutionoftheconflict.

3. The Ontogenetic system of tumours,and cancer-equivalent diseasesincludesthefollowingcriteria:-

• Conflicts related at the embryonic-layer level also have embryonic-layerrelated cerebral relays in cases ofconflict, so-called Hamerschenherd(HH) embryonic-layer organs, whichare affected and have embryonic-related histological formations.

• Old-brain directed conflicts (brain-stemdirectedendodermandcerebellardirected mesoderm) show cellmultiplicationintheconflictactivephase.

• Each so-called illness, in reference tothe CA-phase and the PCL phase, isameaningful biological occurrence tobe understood through embryologyandbehavioural research.Thismeansthat the illness is presenting us withthe challenge of solving an unusualand unforeseen biological problem.

4. There is correspondence betweenembryonic-layer related organ groups- without exception in the PCL phase- andembryonically relatedgroupsofmicrobes. The microbes are not theharbingers of the symptoms, but theoptimizersofthehealing.

5. Disease, as it has been defined untilnow, no longer exists. Our ignoranceprevented us from recognizing thatall so-called diseases have a specialbiologicalmeaning.

Certain cases were also presentedand treated according to Dr. Hamer’sapproach,whereinitwasfoundthattherewas a better success rate in treating thecaseswhen applied through the GermanNewMedicine,The correlation of GNM and

Homoeopathy was also discussed inreferencetoFootnoteto$17oftheSixthEditionofOrganon,asalsototheChronic

Diseases, their Peculiar Nature and theirHomoeopathicCure.Scientific sessions were chaired by

Dr. J. D. Daryani, Dr. Bipin Jethani, Dr.TanvirHussain,&Dr.S.M.Singh.Dr.S.M. Singh urgedDr. Varghese to organizeshort term curriculum andworkshops totrainhomoeopathsandgivethempracticaltraining.Dr. Varghese urged that the time has

come when the regulatory bodies likeCCH, CCRH, to assert the teachingsaccording to Hahnemann, as inpracticality, our curriculums are heavilybasedontheteachingsaslaiddownintheconventionalmedicineandwearenotabletounderstandthesickindividualaccordingtoourfundamentals.Thetakehomemessagewasthatwhile

treatinganindividual,weshouldnothaveanyfearbecauseofdifferentterminologiesgiven to the diseased conditions everynow and then, themedication has to beminimum, and the counselling plays animportantroletoprovidebenefittothesick.Wehave tostick to the teachingsas laiddownintheOrganonandtreatthepatientasguided.Itisimportanttohaveabetterunderstandingofthedisease/improvementprogresswiththehelpofEmbryology,anditsapplicationasguidedbyHering.TheAssociationexpresseditsgratitude

to all the supporters, notably Reckweg,Adven,DFEPharma,WillmarSchwabe,&Bakson, and advertisers in the Souvenir,ledbyHapco,PHDChamberandabovealltheparticipants,withoutwhomitwasnotpossible to impart the regular academicexchange of information available fromtimetotime.Morethan400delegatesattendedthe

conferenceintwodays.

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Audience


Roundtable Discussion on Make in India: The four years Journey and Milestones

Ms. Bhavana Rai, Research Officer, Dr. Seema Joshi, Associate Professor, Delhi University, Mr.Vikram Aggrwal, Co- Chairman, Industry Affairs Committee, Mr. Jukka Hollapa, Commercial Counsellor Finland Trade Centre, Dr.Ajay Dua, Former Secretary, Ministry of Commerce and Industry Affairs, Mr. Sanjay Aggarwal the then Chairman of Industry Affairs Committee,(now Vice President), PHD Chamber, Dr. Dietrich Keibschull, IBEF Chairman, Dr. Niti Bhasin, Associate Professor, DSE, Mr. Ram Poddar Co- chairman, Industry Affairs Committee, Dr. S.P Sharma, Chief Economist and Ms. Megha Kaul, Economist, PHD Chamber

TheIndustryAffairsCommitteeofPHDChamber organized a roundtablediscussion on ‘Make in India: The

four years Journey and Milestones’ onSeptember24,2018atPHDHouse,NewDelhi. Dr. Ajay Dua, Former Secretary,MinistryofCommerceandIndustryAffairswastheGuestofHonour.Mr. D. K. Aggarwal, Vice President,

PHD Chamber in his welcome remarksmentioned the twin objectives of ‘Makein India’andsaid that firstobjective is tointroduce National Manufacturing Policyfor enhancingGDPand secondobjectiveis to increase jobs.Hesaid that tomakegrowthsustainable,manufacturingshouldgrow which is one of the focus areasof Make in India. He then talked aboutIndia’s Demographic dividend and thegovernment’s focus on creating morejobsandalsoincreasetheshareofGDPinworldeconomy.Mr. Sanjay Aggarwal, Chairman,

Industry Affairs Committee, PHDChamber in his theme presentation gavehis comprehensive viewpoint on variousinitiativestakenbythegovernmentofIndia.He said that ‘Make in India’ is a part ofmany initiatives takenby thegovernmentthathaspavedthewayforamorevibranteconomyandIndiahasbecomethefastestgrowingeconomy.HeaddedthatMakeinIndiaisaTradeinIndiatomanufactureinIndia.HesaidthattheGSTandInsolvencycode are the major initiatives to boostIndian Industry. He added that ease ofdoingbusiness is a huge step inmakingIndia more business friendly by creatingmore employment opportunities andhelped to increase competitiveness byprovidingeasierbusinessenvironment.Mr. Ram Poddar, Co-chairman,

IndustryAffairsCommittee,PHDChambertalked about the challenges of Make inIndia, unemployment challenges andemphasised on rural economy to boosteaseofdoingbusiness.DrAjayDua,FormerSecretary,Ministry

of Commerce and Industry stated thatMakeinIndiafocuseson25sectorsintheeconomy.Hetalkedabouttechnicalaspectof FDI and said that prior to 2014, netFDIinflowsweretakenintoconsiderationbut after 2014, gross FDI inflows areconsideredwhichisnotagoodparameterand does not reflect the correct pictureof the economy. Further he elaboratedabout the decadal growth in context of

International growth. Hewas of the viewthatIndiahaddonewelloneconomicfrontbutstillmore thingsneedtobedone.Heshowed his growing concern that alongwithmeetingthefinancialtargets,physicaltargets should be also achieved whichhave been achieved during the last fouryears in Make in India mission. He alsotalkedaboutemploymentcreationandsaidthatSocialsecuritymeasuresshouldfocusoncreatingmoreemploymentgeneration.Dr.DietrichKebschull,Chairman,IGEP

Foundation was of the view that India ischangingsincethelastfouryears.Hesaidthat India is a labour intensive countryand there is a need for infrastructuraldevelopmenttoincreasethemanufacturingbaseandcreatenewskilledjobs.Hesaidthat services sector is growing but othersectorsstillneedtobegrowingwithfasterpace. Since investment is coming fromMauritiusandSingapore,FDIshouldalsocome from other destinations. He addedthat the NGOs play a pivotal role in theIndian economy as there is child labourandexploitationof theworkersand therearenosocialsecuritynormstoprotectthechild labourandanyotherpolicieswhichcanpreventthelabourfromexploitation.Mr. Jukka Hollapa, Commercial

Counsellor,FinlandTradeCentre,Embassyof Finland opined that it is true that bigcountries are investing in India so MakeinIndiawillflourishmoreincomingdays.He said that India should import lessand export more if India wants to be amanufacturinghubandMake in Indiawillonly take place when it is planned andimplementedproperly.He focusedon thetechnical aspect and changing India intoinnovative India. He further stated thatIndia should connect with the Europeaneconomytoboostforeigntrade.

Dr.SeemaJoshi,AssociateProfessor,KiroriMalCollege,DelhiUniversitystatedthat every sector has its own pattern ofgrowth but India had jumped directlyto services sector without taking stepsfrom agriculture to industry and then tomanufacturing.ShequotedthatoneoftheobjectivesofMakeinIndiawastoopenupavenues inFDI.Shestressedonfinancialsectorgrowth.Shegaveacrosscountryexample and talked about fundamentaldifference between India and China. Dr.JoshiwasoftheviewthatIndia’ssuccesswill depend on increasing the scale ofIndiawhichisvisionandmissionofMakeinIndia.Dr. Niti Bhasin, Associate Professor,

Delhi School of Economics talked aboutStatewise rankingwhichwas introducedforthefirsttimein2015ineaseofdoingbusinessranking.Shesaidthereisaneedto focus on the stateswhich are laggingbehind otherwise there will be lopsidedgrowth. She concluded that more focusshould be on capacity generation andincreasingexportsby increasingscaleofproductionandeconomiesofscalewhichwillautomaticallycutthecostofimports.Mr. Vikram Aggarwal, Co-chairman,

IndustryAffairsCommittee,PHDChamberin his vote of thanks stated that thereis need to create more avenues in FDI,infrastructure and manufacturing sectorwhilemakingIndiaaglobalhub.Dr.SPSharma,ChiefEconomist,PHD

Chambermoderatedthe13thopenhousediscussionandsaidthatthereisaneedtofosterinnovationanddevelopmentofskillsfortheyouthtoacceleratemanufacturing..The roundtable discussion was

supported and sponsored by ParamountCablesLtd.


PHD Chamber Business Delegation to Sofia, Bulgaria and Prague, Czech Republic

Cooperation Agreement between PHD Chamber and Bulgarian Chamber of Commerce and Industry, Bulgaria

MoU between PHD Chamber and Association of Small and Medium-Sized Enterprises and Crafts of the Czech Republic

PHD Chamber mounted a businessdelegation to Sofia, Bulgaria andPrague, Czech Republic, September

04-08, 2018 coinciding with the visit ofMr. Ram Nath Kovind, Hon’ble Presidentof India and participated in the businessevents in these respective countries. Thebusiness events were attended by thewho’s who of the industry, Ministers,Bureaucrats and other decision makersfrom India, Bulgaria andCzechRepublic.The participants represented varioussectors of the economy includingElectricalEquipments,BPO,ICT,Defence,ManufacturingMaltExtractPowder,LiquidMalt Extract, Barley Malt & Barley MaltFlour, Tourism, Medical Devices, Food

Processing, Pharmaceuticals, IT andInnovation.Members of the delegation included

Mr.MohitJain,Director,TheMaltCompany(India) Pvt. Ltd.; Dr. J. K. Tandon, CEO,A&Z Exports International; Mr. JaspreetSingh, Marketing Head, A&Z ExportsInternational; Mr. Ashwani Kumar Garg,Director, Ganpati Electricals Pvt. Ltd.;Mr. Rashpal Singh Jammu, Proprietor,Puran Overseas Employment Bureau &TridentTravelWorld;Mr.VishalSanghavi,Founder & CEO, SETU INFOCOM/Net2Point;Mr.MohammadAmeel,SeniorConsultant, Healthcare TechnologiesWHO CC for Priority Medical Devices &

HealthTechnologyPolicy,NationalHealthSystems Resource Centre, Ministry ofHealth&FamilyWelfare,Govt.ofIndiaandMr. Yogesh Srivastav, Principal Director,PHDChamber.The main objective of the delegation

was to find business opportunities inBulgariaandCzechRepublicand interactwithkeydecision-makersinthepublicaswell asprivate sector to exploreavenuesandscopefortheIndianbusinessmen.Apart from B2B meetings in the

businesseventsofboththecountries,twoMoUsweresignedineachcountry:

Mr. Tsvetan Simenov, President,Bulgarian Chamber of Commerce andIndustry and Mr. Mohit Jain, Chairman,International Affairs Committee forCentralEurope,PHDCCIsignedaMoUonSeptember5,2018inSofia,Bulgaria.

Ing.LiborMusil,MemberoftheBoardof Directors, Association of Small andMedium-Sized Enterprises and Crafts ofthe Czech Republic and Mr. Mohit Jain,Chairman,InternationalAffairsCommitteeforCentral Europe,PHDChamber signedaMoUonSeptember7,2018 inPrague,CzechRepublic.

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Glimpses of the Business Forum in Bulgaria

Mr. Mohit Jain, Leader of the PHDChamber Delegation, in his remarks,highlighted that the Chamber has co-opted National and International IndustryAssociations and Organizations throughover100MoUssignedbetweenthem.Heintroducedthemembersofthedelegationand hoped that this visit would open anewchapterinbusinesstieswithboththecountries for establishing joint venturesandfacilitatingtechnologicaltransfersandenhancing cooperation in all importantsectors.The Business Forum in Bulgaria

was attended by around 60 companiesfrom India and 250 Bulgarian businessrepresentatives and the Business Forum

in Czech Republic was attended by 45companies from India and 200 businessrepresentativesfromCzechRepublic.Duringthevisit,variousdiscussionson

mattersofmutualconcernandagreementsrelated to energy, environment, tourism,trade and investment, financial servicesand defence production took place.Leaders exchanged views on economiccooperation in various sectors of mutualinterest such as agriculture machinery& food processing, pharmaceuticals &medical devices, manufacturing & heavyengineering, automobiles ancillariesand tourism. A total of 12 MoUs andagreementswere signedduring the threenations (Cyprus, Bulgaria and Czech

Republic)visitoftheHon’blePresidentofIndia,coveringaspectsofpolitical, trade,investment, people-to-people relations,financialservices,etc.Duringthevisit,thePresidentofIndia

invitedBulgariancompaniestocollaboratein artificial intelligence, data analytics,internet of things, robotics and defence.HealsomadeastrongargumentforIndo-Czech cooperation in high technologyand defence sectors and invited Czechcompanies to the vast market ofheavy engineering, defence, advancedmanufacturingandautomotiveandenergytechnologies.

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Glimpses of the Business Forum in Czech Republic


Mr. Venkaiah Naidu, Hon’ble Vice President of India with the Indian Community

PHD Chamber Business Delegation to Serbia, Malta and Romania

SERBIA (September 14-16, 2018)

PHD Chamber mounted a BusinessDelegation to Serbia, Malta andRomania from September 14-20,

2018 coinciding with the visit of Mr.Venkaiah Naidu, Hon’ble Vice Presidentof India and participated in the businesseventsinthethreecountries.Thebusinesseventswereattendedbythewho’swhoofthe industry, Ministers, Bureaucrats andotherdecisionmakersfromIndia,Serbia,MaltaandRomania.Mr. Vikram Gera, Co-chairman,

International Affairs Committee forCentral Europe, PHD Chamber met the

The Hon’ble Vice President ofIndia addressed the businessrepresentatives of India and Serbia

attheBusinessForumandinteractedwiththeIndianCommunityduringthevisit.During the discussions, it was

highlighted that agriculture is a majoreconomicactivityboth in IndiaandSerbiaandcanbenefitfromeachother’sexpertisein agriculture and food processing sector.Moreover,Serbia,withitsfascinatinghistoryand landscape,has thepotential toattractIndiantourists.Serbiaalsohasstrength insomeareasofdefenceproduction. India’sstrength in ITsector isglobally renowned.ApartfromIT,SerbiacanalsobenefitfromIndia’scapabilityofproducinghighqualitygenericmedicines.

Hon’ble Vice President of India alongwith the Indian Diaspora and encouragedthe Indian Diaspora to look at India as abusinessdestination.Mr.VikramGerawasaccompanied by Mr. Yogesh Srivastav,PrincipalDirector,PHDChamber.The Business Forums in the three

countriesgeneratedenthusiasmamongthebusinessmen as they got an opportunityto hear the Vice President about India’stransformative initiatives and its growthstory. The Hon’ble Vice PresidentunderlinedthegrowingimportanceofIndia

Mr. VikramGera in his speech duringtheBusinessForummentionedthatSerbiais emerging as a destination for Indianinvestments in Eastern Europe and couldemerge as Delhi’s gateway to the region.Hestressedoncooperation in informationtechnology as Indian IT sector works onnumerous projects for companies in theEU and Serbian companies could offersupport for clients in Europe. On theother hand, individual Serbian companieshave software solutions that could proveextremelyinterestingtopartnersinIndia.Mr.VikramGeraalsometMr.Aleksandar

Vucic,Hon’blePresidentofSerbiaandMr.Marko Cadez, President, Serbia ChamberofCommerce and Industry andpresentedthe credentials of PHD Chamber. He also

globally,what theGovernment is doing inIndia to attract foreign businessmen andentrepreneurs and the improvement intheWorldBank’sEaseofBusiness Index.Hehighlighted four key features that needto be recognized which he called 4Ds– Democracy, Demographic dividend,DemandandDiaspora.Themainobjectivewastofindbusiness

opportunitiesinSerbia,MaltaandRomaniaand interact with key decision-makersin the public as well as private sector toexplore avenues and scope for the Indianbusinessmen.

Meeting with Mr. Mark Cadez, President of Serbian Chamber of Commerce

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interacted with the business representatives from Serbia in B2BmeetingsintheSerbianPalace.ThedelegationalsomettheMayorofBelgradeandexchangedviewsandbusinessideas.H.E. Mr. Subrata Bhattacharjee, Indian Ambassador in Serbia

met thedelegatesfromPHDChamberandofferedhissupport fortheirinitiatives.Mr.Gerawasalso interviewedbyDDNewsandSerbiaTVat

Belgrade wherein he talked about the Chamber’s commitmenttowardsstrengtheningtradetiesbetweenIndiaandSerbia.

Meeting with the Mayor of Belgrade

Evening Reception with Mr. Venkaiah Naidu, Honorable Vice President of India

MALTA (September 16-18, 2018)

The Hon’ble Vice President ofIndia addressed the businessrepresentativesof IndiaandMaltaat

the Business Forum and interacted withtheIndianCommunityduringthevisit.It was highlighted that Malta can

take advantage of India’s highly skilledprofessionals in the field of IT, financialservices, transport, tourism and India’sadvancement in affordable, qualityhealthcare facilities. India can alsocooperateintheuseoftheancientsciencesofyogaandayurvedatopromotehealthcareandwellness.The signing of threeMoUs namely (i)

MoU on Maritime Cooperation betweenMinistry of Shipping, India and Ministryof Transport, Infrastructure and CapitalProjects, Malta (ii) MoU on MutualCooperation between the Foreign ServiceInstitute, India and The MediterraneanAcademyofDiplomaticStudies,University

Meeting with H.E. Mr. Aleksander Vucic, President of Serbia


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Mr. Vikram Gera with H.E. Ms Marie Louise Coleiro Preca, Hon’ble President of Malta

Mr. Vikram Gera presenting PHD Chamber’s memento to Hon’ble Vice President of India

Interaction with Mr. Frank V. Farrugia, President, Malta Chamber of Commerce and members of the Chamber

Mr. Vikram Gera presenting credentials to Mr. Frank V. Farrugia, President of Malta Chamber of Commerce

ofMaltaand(iii)MoUinthefieldofTourismCooperationbetweenIndiaandMaltamarka good beginning to enhance relationsbetweenthetwocountries.H.E. Ms Marie Louise Coleiro Preca,

Hon’ble President of Malta acknowledgedIndian Diaspora’s positive contribution totheMaltesesocietyespeciallyinthesectorslikeHealthcareandInformationTechnologyand emphasized that the scope ofmutualcooperationisveryhighinseveralsectorssuch as ICT, pharmaceuticals, maritimecooperation,tourism,tonameafew.Mr. Vikram Gera had a meaningful

interaction with Mr. Frank V. Farrugia,President, Malta Chamber of Commerceand members of the Malta Chamber ofCommerce. The delegation also had theprivilegeofmeetingtheHon’blePresidentofMaltaH.E.MsMarieLouiseColeiroPrecaand also invited her to PHD Chamber onbehalfofthePresident,PHDChamber.


MoU signing by Mr. Vikram Gera, Co-chairman (International Affairs Committee for Central Europe), PHD Chamber and Mr. Sorin Dimitriu, President, Bucharest Chamber of Commerce

ROMANIA (September 18-20, 2018)

The Hon’ble Vice President ofIndia addressed the businessrepresentativesofIndiaandRomania

at the Business Forum and interactedwith the Indian Community during thevisit,whereinhementioned that this visitcameatanopportunetimecoincidingwithcompletion of 70 years in the journey ofdiplomaticrelations.The presence of larger number

of Romanian business people in theBusinessForumindicatedgrowinginterestin strengthening trade and investmentrelationship, especially in sectors -information technology, manufacturing,infrastructure, logistics, defence,pharmaceuticals,infrastructure,realestate,tourism,etc.The signing of MoU on Tourism

between two countrieswas an endeavourin facilitating tourism on both sides andincreasingpeople-to-peopleconnectivity.Given the increasing interest and

popularity of Yoga and Ayurveda inRomania, the Hon’ble Vice President ofIndia inaugurated the AYUSH InformationCellandunveiledaBookonAyurveda.The delegation including Mr. Vikram

Gera met Ms. Ana Barchall, Vice PrimeMinister of Romania during the visit andreiterated PHD Chamber’s objective ofcontributing to deepening economiclinkagesbetweenthetwocountries.

Interaction at the Bucharest Chamber of Commerce and Industry

Interaction with Ms. Ana Barchall, Vice Prime Minister of Romania


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Meeting with H.E. Mr. Birender Singh Yadav, High Commissioner of India to Ghana

Business Delegation to Ghana and Côte d’Ivoire (16-21 Sep 2018)

Accra, Ghana

PHD Chamber mounted a businessdelegation to Accra, Ghana fromSeptember 16-19, 2018 and then

proceeded to Abidjan, Côte d’Ivoire,September 19-21, 2018. Mr. RanjeetChaturvedi,Chairman,InternationalAffairsCommitteeforAfrica,PHDChamberledthedelegation to find business opportunitiesin these countries and network with keydecision-makers in the public aswell as

During the visit to Accra a seriesof meetings were organized forthe business delegates under the

guidance of H.E. Mr. Michael Aaron NiiNortey Oquaye, High Commissioner ofGhanatoIndiaandH.E.Mr.BirenderSinghYadav, High Commissioner of India withthe support and cooperation by Mr. T. V.Ganesan, Second Secretary (Commerce),HighCommission.Theseincluded:

privatesector.Other delegates included Mr. Vivek

Agarwala, Director General, TimberworkzGlobal & Co-chairman, InternationalAffairs Committee for Africa; Mr. RameshPatidar,Director,ShaktiPumps;Mr.AnshulGupta,TerritoryManager–Exports,ShaktiPumps;Mr.RakeshKumar,Sr.Consultant(Technical), International Solar Alliance;Dr.AshokDas, FounderCEO,SunMoksha

PowerPvt.Ltd.;Mr.ArunAggarwal,Director,Vimal Organics Ltd.; Mr. PradyumnaDwivedi,Growth&Strategy,NavitasGreenSolutions Pvt. Ltd.; Mr. Harendra SinghBishtDesignation,Senior Engineer (RUD),WAPCOS Ltd.; Mr. Rama Krishnam RajuKothapalli, Project Engineer (Ghana),WAPCOS Ltd. and Mr. Niraj, Secretary(InternationalAffairs),PHDChamber.

Meeting with Mr. Carlos Kinsley Ahenkorah, Hon’ble Deputy Minister for Trade and Industry, Government of Ghana

Meeting with Mr. Kwaku Agyemang-Manu, Hon’ble Minister of Health, Government of Ghana

Meeting with Nana Dr. Appiagyei Dankawoso, President, Ghana National Chamber of Commerce and Industry (GNCCI)


At the Launch of Ghana-India Trade Advisory Chamber

Meeting with Mr. Patrick Robert Ankoniah, Ag. Chief Director, Ministry of Food & Agriculture, Government of Ghana


Meeting with Mr. Guy M’Benge, Director General of Exports Promotion Association of the Republic of Côte d’Ivoire (APEX-CI)

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Meeting with Mr. Suresh Kumar, Charge d’Affaires, Embassy of India in Côte d’Ivoire

Abidjan, Côte d’Ivoire (19-21 September 2018)

The business delegation travelledto Abidjan, Côte d’Ivoire led byMr. Vivek Agarwala, Co-chairman,

International Affairs Committee for Africa,PHDChamber.During thevisit toAbidjan,meetingswereorganizedforthedelegatesunder the guidance ofMr. Suresh Kumar,Charged’Affaires,Embassyof India,Côted’Ivoire with the support and cooperationof his colleagueMr. Eric Bony, MarketingExecutive,EmbassyofIndia.

Meeting with Hon’ble Mr. Thierry Tanoh, Minister, Ministry of Petroleum, Energy and Renewable Energy, Republic of Cote D’Ivoire

Meeting with Ms. Carole VERSTEEG, Investment Attraction Director, Centre for Promotion and Investment in Côte d’Ivoire (CEPICI)

Meeting with Mr. Brahima Yves KONE, CEO, Coffee and Cocoa Council of Côte d’Ivoire

Meeting with Mr. Bernard Adou GNENYE, Director General of the Office for Marketing Assistance of Food Products (OCPV)


PHDChamberandChamberofCommerceandIndustryofCôted’Ivoire(CCI-CI)signedaMoUinthepresenceofH.E.Mr.SureshKumar,Charged’Affaires,EmbassyofIndiainCôted’Ivoire.Mr.VivekAgarwala,Co-chairman,InternationalAffairsCommitteeforAfrica,PHDChamberandMr.FamanTOURE,President,CCI-CIsignedtheMoUonbehalfoftherespectivechambers.

Meeting with Mr. Christophe O Koueyou, Special Advisor to President of National Chamber of Trades of the Republic of Côte d’Ivoire (CNMCI)

MoU Signing Ceremony


Interactive Session with Chairman, Telecom Regulatory Authority of India (TRAI)

The Telecom Committee of PHDChamber organized an interactivesession with Dr. R. S. Sharma,

Chairman, Telecom Regulatory Authorityof India (TRAI) along with TAIPA as theCo-organizer on October 24, 2018 atPHD House, New Delhi. Senior Officialsfrom Vodafone, Idea, Hinduja MediaGroup, Asianet Satellite CommunicationsLtd., Bluetown India Pvt. Ltd., BIF, COFIand URJA provided their inputs on the“CommonDuct Policy”. Cable operators,Cablemanufacturers and RWAmembersalsoparticipated.Mr. Rajeev Talwar, President, PHD

Chamber delivered the welcome addresswhile Mr. Sandeep Aggarwal, Chairman,Telecom Committee, PHD Chambermoderated the session. Mr. Aggarwalstated that all the highway constructioncompanies may be asked to put acommon duct in the highways. He also

mentioned that a minimum guaranteeof per day data consumption should begivenwitheveryconnection.Headdedtheneed foraNationalBuildingPolicywhichwill include that thebuildings,complexesand malls should have chambers forbroadbandconnections.HefurtheraddedthatTelecombeinganationalsubject,thestatesmustalsobeinvolved.During Industry Session 1, Mr. P.

Balaji, Director, Vodafone - Idea P. Balaji,Director, Vodafone Idea mentioned theneed of investing of 100 billion dollarsto become 1 Trillion digital economy. Healso stated that implementation of fewrecommendationsshouldbedoneintermsofweeks,monthsandnotyearswhichwillhelptopropelthevision.Vodafone–Ideais the largest telecom company in Indiaandhasalwaysbeenopen to the ideaofsharing theavailable resourcesas this isagreatwaytoreducecosts,drivevalueto

Consumers,Govt.andStakeholders.Mr. T. V. Ramachandran, President,

Broadband India Forum mentioned thatthere is a need to be cooperative andnot competitive for expanding the fibernetwork.Mr.T.R.Dua,DG,Tower&Infrastructure

ProvidersAssociation (TAIPA) highlightedthat the Indiantelecomindustry isoneofthemostcompetitiveandfastestgrowingmarkets globally. He further added thatwithexponentialincreaseinthedatausagebytheconsumers,thereisanurgentneedto enhance capacity and coverage tomeet the needs of the future. 100 citieshave been identified by the Governmenttotransformthecitytosmartcities.Thiswouldrequiresettingupofrobusttelecominfrastructure such as a robust fibernetwork to transform the cities to smartcities,hefurtheradded.

Mr. T. V. Ramachandran, President, Broadband India Forum (BIF); Mr. T R Dua, Director General, Tower & Infrastructure Providers Association (TAIPA); Mr. Rajeev Talwar, President, PHD Chamber; Dr. R. S.Sharma, IAS, Chairman TRAI & Mr. Sandeep Aggarwal, Chairman, Telecom Committee, PHD Chamber; Mr. P. Balaji, Director, Vodafone Idea Limited and Dr Mahesh Y Reddy, Secretary General, PHD Chamber

Mr. Ajay Sharma, Senior Director, PHD Chamber; Mr. Sankarnarayana G, President & COO, Asianet Satellite Communications Ltd; Mr. Gaurav Bhardwaj, Country Manager - India, Milliken & Company; Mr. Sandeep Aggarwal, Chairman, Telecom Committee, PHD Chamber; Mr. Sunil Singhal Advisor, Telecom Regulatory Authority of India (TRAI); Mr. Satya N Gupta, Former Principal Advisor, TRAI & Country MD South Asia, BLUETOWN (INDIA) Pvt. Ltd.; Ms. Roop Sharma, President, Cable Operators Federation of India (COFI); Mr. Atul Kumar Goyal, President, United Residents’ Joint Action (URJA) and Mr. Sanjay Singh, Head Network (North), Hinduja Media Group, ONEOTT iNTERTAINMENT LTD.

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Mr. Rajeev Talwar, President, PHD Chamber; Dr. R. S. Sharma, IAS, Chairman, Telecom Regulatory Authority of India (TRAI) and Mr. Sandeep Aggarwal, Chairman, Telecom Committee, PHD Chamber

Mr. Ajay Sharma, Senior Director, PHD Chamber; Mr. T. V.Ramachandran, President, Broadband India Forum (BIF); Mr. T R Dua, Director General, Tower & Infrastructure Providers Association (TAIPA); Mr. Rajeev Talwar, President, PHD Chamber; Dr. R. S. Sharma, IAS, Chairman TRAI; Mr. Sandeep Aggarwal, Chairman, Telecom Committee, PHD Chamber and Mr. P. Balaji, Director, Vodafone Idea Limited

Dr. R. S. Sharma, Chairman, TRAIappealed to the Industry to create astructureorasystem.Theideaof“CommonDuct Policy” can be implemented inPublic-private partnership (PPP). PPPArrangements need newer players inthe scheme. The State Government andMunicipal Corporation should be thestakeholders. TRAI is happy and keen topromoteanykindofadvisorytotheStateGovt. and the other Stakeholders. TRAIcan form a State Committee to help intheimplementationofthe“CommonDuctPolicy”.Mr. Sunil Singhal, Advisor, TRAI

chaired the Technical Session on“CommonDuctPilotProjectinDelhi”.HementionedthatBroadbandisnowautilityand the government departments should

have a special provision for broadbandwithin policies.He further added that theNationalBuildingCodehasalreadymadeitmandatorytousefiber inthebuildings,though it isnotmandatory forStateGovtandLocalbuilders.Ms. Roop Sharma, President, COFI

questionedastoiftherewasanyprovisionforPrivateCableOperatorsintheCommonDuctPolicy.Mr. Gaurav Bhardwaj, Country

Manager, India, Milliken & Companygave a presentation on the smart ductthat is already being laid in globally bytheir company. He claimed that the ductutilization is a challenge and capacityneedstobefullyutilized.Mr. Sanjay Singh, Head Network

(North),HindujaMediaGroup stated thatmaintenanceofChambers/Ductsandthefiberismostimportantandthereshouldbe“OneFiberOneConnectivity”policy.Mr. Sankarnarayana G, President &

COO, Asianet Satellite CommunicationsLtd. said that the output on the cable isvery low. The power problem and powerconsumption is an issue.Partneringwiththe local cableoperatorsshouldbedoneto penetrate broadband in every home.Headdedthatinsteadofleasingtheduct,fibers should be laid and leased to thecompanies.Mr.AtulKumarGoyal,President,URJA

mentioned that there isaneedofdisputeredressal mechanism. Competition willbringdowncost for theusersandhencethe price of services. He suggested thattheMinistryofUrbanDevelopmentshouldtakeuptheCommonDuctPolicyandthenimplementationaswellasownershipcanbecentralized.Mr. Satya N Gupta, Former Principal

Advisor,TRAI&CountryMDSouthAsia,BluetownIndiaPvt.Ltd.statedthatsettingup a utility corridor can optimize roll outandmanagementofinfrastructure.Design,planningandcoordinationareneedofthehourandplacessuchasTokyo,Yokohama,Qatar already have utility ducts in place.In areas, where infrastructure is lackingin termsof roads,powerandwater, fibremustbelaidalongwithotherpipeswhenastretchoflandisbeingtrenched.Thiswillhelpachieveinfrastructureoptimisation.The Telecom Committee, PHD

Chamber along with TAIPA made apresentationon“CommonDuctPolicy”.


Chai Pe Charcha Series on Heart to Heart on IBC - Hits & Misses

The Insolvency and BankruptcyCommittee of PHD Chamberorganized CHAI PE CHARCHA

SERIES onHeart toHeart on ‘IBC -Hits& Misses’ on October 26, 2018 at PHDHouse,NewDelhi.Mr. Sanjeev Ahuja, Co-chairman,

Insolvency and Bankruptcy Committee,PHD Chamber highlighted the issuesplaguing Insolvency Professionals withspecial focus on Resolution Plans,Guarantees, Valuation and Regulations.Healso talkedabout theprecautionsandmeasures that should be taken by theInsolvencyProfessionalsinthebattlefield.Mr.K.R.SajiKumar,ExecutiveDirector,

InsolvencyandBankruptcyBoardofIndiain his special address congratulatedthe Insolvency Professionals (IPs) forperforming well and emerging as thenewprofessionin industry.Hesuggestedthat for removing the teething troubles inthe InsolvencyandBankruptcyCode, thegovernment is constantly reviewing it.UnderSection29A, thegovernmenthaswidened the scope of persons who aredisallowedfrombiddingfortheirassetsintheresolutionprocess. Ms. Ranjeeta Dubey, Chief General

Manger, Insolvency and BankruptcyBoardofIndiainheraddresstalkedaboutthe complaint mechanism at IBBI. Shesuggested that IPs should have timelinemodel for performance measures likeCIRP.Shementionedthat thenoticesand

ordersofRegulatorsshouldbeconsideredfortheefficientworkingundertheprocess.Mr. Alok Dhir, Founder & Managing

Partner, Dhir & Dhir Associates in hisaddresshighlightedthelatestamendmentsunder IBC that provides a level playingfield todomestic IPEs.Hestated that theInsolvencymarket is likely toseehealthycompetition among competent people,be it domestic or foreign players, whoshould own greater responsibilities inassignmentsasprofessionals.Mr. Gagan Ghai, Director and Valuer,

Crest Capital Advisors stated that after

implementation of Section 247 corporatevaluation is treated as a game changerand has brought accountability for theprofessionals in this process. He alsoindicatedsomecasestudiesregardingthesame.Mr. Sanjeev Ahuja, Co-chairman,

Insolvency and Bankruptcy Committee,PHD Chamber proposed a hearty vote-of-thanks to the guests. The sessionconcluded with an extensive discussionandQ&Asessionwithanoverwhelmingresponsefromtheparticipants.

Govt to issue Rs 75 coin to mark 75th anniversary ofTricolour hoisting by Netaji Subhash Chandra Bose

ThegovernmentwillreleaseaRs75cointocommemoratethe75than-niversaryofNetajiSubhashChandraBosehoisting theTricolour for thefirst timeatPortBlair.TheMinistryofFinancehas issuedanotificationregardingthereleaseoftheRs75coinalongwithitsspecifications.OnDecember 30, 1943, Bose,who raised the Indian National Army (INA)to fightagainst theBritish,hadhoisted theTricolour for the first timeatCellularJail,PortBlair.AspertheFinanceMinistrynotification“Thecoinofseventy-fiverupeesdenominationshallonlybecoinedattheMintforissueunder theauthorityof thecentral governmenton theoccasionof‘75thAnniversaryofHoistingofTricolour’forthefirsttimebyNetajiSub-hashChandraBoseatPortBlair.”ThecommemorativeRs75coinwillbemadeoutof50percentsilver,40percentcopper,and5percenteachofnickelandzinc,andwillweigh35grams,aPTIreportsaid.Thiscoinwillbeartheportraitof‘NetajiSubhashChandraBose’salutingtheflagonthebackgroundofCellularJailinPortBlair.

Ms. Sohale Gupta, Executive Officer, PHD Chamber; Ms. Ranjeeta Dubey, Chief General Manger, Insolvency and Bankruptcy Board of India; Mr. K R Saji Kumar, Executive Director, Insolvency and Bankruptcy Board of India; Mr. Sanjeev Ahuja, Co-chairman, Insolvency and Bankruptcy Committee, PHD Chamber; Mr. Alok Dhir, Founder & Managing Partner, Dhir & Dhir Associates and Mr. Gagan Ghai, Director & Valuer, Crest Capital Advisors

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Launch of Historic Support and Outreach Programme for the Micro, Small and Medium Enterprises Sector

PHD Chamber was invited for thelaunch of a historic support andoutreach programme for the Micro,

Small and Medium Enterprises (MSMEs)SectoronNovember2,2018atNewDelhi.Representatives from the Chamber

includedMr.RajeevTalwar,President,Mr.D.K.Aggarwal,SeniorVicePresidentandMr.SanjayAggarwal,VicePresident,PHDChamberalongwiththeSecretariatteam.During the event,Mr.NarendraModi,

PrimeMinisterofIndialaunchedtheMicro,Small and Medium Enterprises (MSMEs)Support and Outreach programme inthe presence of Mr. Arun Jaitley, UnionFinance Minister and Mr. Giriraj Singh,UnionMinisterofStateofMSMEs.Mr. Narendra Modi, Prime Minister

unveiled 12 key initiatives to help thegrowth, expansion and facilitation ofMSMEs across the country. He furtheraddedthatthese12decisionswillmarkanewchapterfortheMSMEssector.Noting that MSMEs are the principle

employmentgenerator in India, thePrimeMinister recalled the glorious IndiantraditionsofsmallscaleindustryincludingLudhiana’shosieryandVaranasi’ssarees.The Prime Minister said that there

are five key aspects for facilitating theMSME sector. These include access tocredit, access tomarket, technology up-

gradation,easeofdoingbusinessandasenseofsecurityforemployees.Onthisoccasion,variousdeliverableswereannouncedfocussingonaccesstocredit,

accesstomarket,hand-holdingandfacilitationsupporttotheMSMESector.TheMSMEOutreachProgrammewillrunfor100dayscovering100districtsthroughoutthecountry.

Mr. Rajeev Talwar, President, PHD Chamber, Mr. Sanjay Aggarwal, Vice President, PHD Chamber and Mr. D. K. Aggarwal, Senior Vice President, PHD Chamber

Hon’ble Prime Minister, Mr. Narendra Modi address


Conference on IT Enablement in Education, Health and Industry Sector

Mr. Niraj Kumar, Dean DMI, Patna; Mr. Satyajit Singh, Chairman, Bihar Chapter, PHDCCI; Mr. Sanjay Kumar IAS, Principal Secretary, Health, Govt. of Bihar (Chief Guest), Mr. S.P Shahi, Principal A.N. College, Patna and Mr. Vishal Anand, OSD, IT Dept, Govt. of Bihar

Mr. Satyajit Singh Chairman, Bihar Chapter PHDCCI, presenting a memento to Mr. Sanjay Kumar IAS, Principal Secretary, Health Dept., Govt. of Bihar

The Bihar Chapter of PHD Chamberin association with A.N Collegeorganized a conference on ‘IT

Enablement in Education, Health AndIndustrySector’onOctober25,2018,atA.N College, Patna, Bihar. The functionwas graced by the presence of who’swhoofthecityaswellasmostrenownedpersonalitiesofGovernmentand industrysector. TheconferencestartedbypayinghomagetoMr.AnugrahNarayanfollowedby National Anthem and lighting of thelamp.Mr. Satyajit Kumar Singh, Chairman

PHCCI,Bihar,welcomedallthedignitariesandhonoredtheguestswithmementos.Mr. S.P. Shahi, Principal, A.N College

providedknowledgeonthefacilitiessuchas Wifi and software in the college. Hepraised the initiative of PHDCCI, Biharfor organizing such a value generatingconferenceasitenhancestheknowledgeof the students and others who all areassociatedwiththissector.Chief Guest, Mr. Sanjay Kumar,

Principal Secretary, Health Departmentpraised PHDCCI, Bihar Chapter and A.NCollegeforputtingupsuchaprogrammewhich adds value for all the upcominggenerations.HesharedthatBiharisdenselypopulated and shares one-third of wholecountry’sGDP.HesaidthatITisthemajorarea for growth and success of society.He discussed about how government isworkingonsettingupvariouscentresandgivingfacilitiestopeoplebyopeningHealthCentresincollegesandschoolstoo.

Mr.NirajKumar,Dean,DMI,Bihar,saidthatBiharstillneedstobedevelopedinthearea of education and uniformity shouldbe maintained in all the streams of thecurriculum. Infrastructure and softwarestillneedstobedevelopedasBiharhasthehighestilliteracyrate.SchoolsandcollegesneedtobesystematicandtheStateneedstoworkaggressivelyinthedevelopmentofInformationandTechnology.HealsogavevaluableknowledgerelatedtoITandhowonecansyncboth the sectors andworkwonders.Mr. Vishal Anand, OSD, IT Dept,

GOB shared that many self teachingmodules have been setup in many

colleges with updated software, Wifi,free access to computer facilities, etc.The government has given allowanceto set up new businesses without anylicense, registration for initial two yearsandisgivingRs.10lakhstostartupnewbusinesses, new incubation and HumanResourceCentres.Atechnicalsessionwasconductedon

“Howtodevelopandenhanceinformationtechnology inBihar” whichwas chairedby Dr. Arun Kumar, Head of VocationalDept,A.N.College,PatnaandCo-chairedby Dr. Seema Sharma, Prof-In-Charge,Library, A.N College, Patna. Md. ShamsRaza, Computer Society of India gave apresentation on how Computer Societyof India is working on enabling IT in theEducationsysteminBihar.Ms.HimangiMishra,Co-Founderand

CEOofBrandRadiatorgaveapresentationonhowhercompanyishelpingpeopleofBihartodigitizeandconnectwiththeworldwithjustoneclick.Dr. Arun Kumar, Head of Vocational

Department honored all the participantswithPHDmementos.The conference was attended by

Sanco Gold, ICETL, The Connect andPushpanjali Infotechand themembersofPHDCCI,Biharandtheteachers,staffsandstudentsofA.NCollege.

FOCUS STATE : BIHAR


Extended Producer Responsibility: Bihar Perspective

Dr. Janardanjee, Ex-Principal and Scientist, ICAR (Member PHDCCI, Bihar), Mr. Sudhir Gupta, Managing Director, KRISHNA CONSULTANCY SERVICES & Member, PHDCCI, Bihar; Mr. Ashok Gosh Chairman, Bihar State Pollution Control Board, Bihar and Ms. Usha Jha, President, Bihar Mahila Udyog & Member, PHDCCI

Mr. Bikesh Ojha (Member PHDCCI); Dr. Janardanjee, Ex Principal and Scientist, ICAR (Member PHDCCI) and Ms. Leena Lall, Resident Manager, PHDCCI, Bihar presenting a memento to Mr. Anil Gupta, Team Leader, SBM Urban, Ministry of Housing and Urban Development Department, Govt. of Bihar

The Bihar Chapter of PHD Chamberorganized a discussion witheminent personalities of Bihar on

the eve of International E-Waste Day“Extended Producer Responsibility: BiharPerspective”onOctober12,2018atPHDHouse,Patna,Bihar.The function was graced by the

presenceofwho’swhoof thecitywhichincluded most renowned personalitiesfromgovernmentandindustry.Chief Guest, Dr. Ashok Ghosh,

Chairman, State Pollution Control Board,Bihar mentioned that the State PollutionControlBoardisintheprocessofopeningcollectioncentresforE-garbageandurgedthe Chamber, companies and NGOs tocomeforwardinopeningsuchE-collection

FOCUS STATE : BIHAR

centres and recycle centres for e-wasteproducts. He also urged the consumers,producers and dealers of Bihar to cometogether and start working for e-wastemanagement by opening up recyclecentres.GuestofHonour,Mr.AnilGupta,Team

Leader,SBM,URBAN,MinistryofHousingand Urban Development Department,Govt. of Bihar briefed about the SolidWaste Management rules-2016 in whichE-waste management policies and by-laws have to be executed by the StateMunicipalCorporation.Mr. Janardhanjee, Ex-Principal

Scientist ICAR and Member, PHDChamber, Bihar elucidated how peopleshould join hands orwork individually to

stop the use of plastic and dump theirgarbageintheirnearestmunicipalgarbagepointanddisposeofftheirelectronicwasteto the organization working on e-wastemanagementrecycle.Ms.UshaJha,President,BiharMahila

Udyog Sangh stated that it is importantto sensitize the society on proper wastedisposal.Mr. Sudhir Gupta, Member, PHDCCI,

Bihar emphasized on the disposal ofunusedandwasteelectronicproductskeptathome.The event was conceived and

coordinated by Ms. Leena Lall, ResidentManager,BiharChapter.,PHDChamber.


ARCHIBUID 2018 - BUILIDING A NEW INDIA

Workshop on Govt e-Marketplace (GeM)

Mr. Davesh Moudgil, Mayor, UT, Chandigarh along with other panelists

Esteemed Dignitaries

Ms. Madhu Pillai, Regional Director, PHD Chamber and Mr. Mahinder Singh, Trainer from GeM

PHD Chamber along with the IndianInstitute of Architects organized the6th edition of ARCHIBUILD 2018

at Chandigarh, September 21-23, 2018.The theme of this year’s Exhibition-cum-Conclave was “Building a New India”.Approximately25exhibitorsfromdifferentparts of the country participated toshowcasetheirinnovativeproducts.Mr. Vikram Sahgal, Chairman,

Chandigarh Committee, PHD Chambermentioned that Archibuild holds muchrelevance in Chandigarh as it is the firstplannedcityofthecountry.Chief Guest, Mr. Davesh Moudgil,

Mayor,UT,ChandigarhcongratulatedPHDChamberfororganizingsuchamagnificentExhibition-cum-Conclave with a vision ofbuildingaNewIndia,whichisinlinewiththevisionofthecentralgovernmentalso.The event was well supported by

ChandigarhAdministration.Otherdignitaries includedArSurinder

Bahga,Member,AdvisoryCommittee,UT,Home Ministry, Ar Manmohan Khanna,Chairman, IIA, Chandigarh Chapter, Mr.SK Chakrabarty, HoD, Marketing, RINL,Ar Sanjay Mohe, Founder Partner, MindSpaceArchitectsandMr.DebenderDalai,CEO,CREST.A networking dinner was organized

on the first day of the programme at

PHD Chamber organized a workshop on Govt e-Marketplace (Gem) on September 26, 2018 atPHDHouse,Chandigarh.GeMisanonlineportal

for the procurement of goods and services by thevariousgovernmentdepartments.Ms.MadhuPillai,RegionalDirector,PHDChamber

in her welcome remarks mentioned that GeM is anopportunityfortheMSMEstoincreasetheirsalesandprofitandtheobjectiveofthesessionwastomaketheMSMEsawareabouttheproceduresofregistration.Mr. Maninder Singh, Trainer from GeM apprised

delegatesthatGeMisaNationalPublicPortaltomakeprocurements simpler. Developed in a record time,GeM is aimed at changing the outdated governmentprocurement methods and source right products/ services at right price, time, source, quality andquantity.TheGeMportaliscurrentlybeingusedbyalmostall

thedepartments/organizationsofCentralGovernment,States&UnionTerritories.InanendeavortopromoteMSMEs, Government has mandated all departmentstoprocureatleast20%ofthetotalprocurementfrom

PHD Chamber, Chandigarh. There was apresentation before the dinner by RINL,thetitlesponsoroftheevent.Mr.SamantaReddy, DGM Marketing, RINL gave adetailed presentation to architects andbuildersofNorthIndia.Ar Manmohan Khanna gave the

welcome address and invited Ar YatinPandya, Founder, Foot Prints EARTH toaddress the audience. Ar Pandya in hisspellbound address connected the dotsbetweenancientandmodernarchitecture.Architect Bimaldeep Singh from

Evolutions moderated the technicalsession. There were presentations fromJKCementandStylamLaminates,leadingsponsorsoftheevent.Ar Jit Kumar Gupta, Chairman,

Chandigarh Chapter, The Indian GreenBuilding Council moderated the technical

MSMEsector.ThepurchasesthroughGeMbyGovernmentusershavebeenauthorizedandmademandatorybytheMinistryofFinancebyaddinganewRuleNo.149intheGeneralFinancialRules,2017.Mr. Gurdarshan Aggarwal, Deputy Resident Director, PHD Chamber

delivered the formal vote-of-thanks to the guests.The workshop wassponsoredbyMetroparkIndustrialTownship.

sessiononSustainableArchitecture.Mr. Balkar Singh, AGM, PEDA in his

address apprised the audience about theroleofrooftopsolarplantsinmakingthebuildingandenvironmentgreen.ArSidharthWig,Partner,TheElements

deliveredtheformalvote-of-thanksto theguests.Around 10,000 people visited the

exhibitioninthreedays.

FOCUS STATE : CHANDIGARH


Interactive Session of Chhattisgarh Industries and Romania & Launch of Chhattisgarh Chapter

Launch of Chhattisgarh State Chapter

Mr. Anil Khaitan, President, PHD Chamber addressing the delegates

AninteractivesessionofChhattisgarhIndustries and Romania wasorganized by Chhattisgarh Chapter,

PHD Chamber on September 11, 2018atHotelHyatt,RaipuratthelaunchoftheChhattisgarhStateChapter.TheRomanianAmbassador, H.E. Mr. Radu OctavianDobrediscussedthebusinesspossibilitiesand mutual cooperation between theChhattisgarh State and Romania andinvitedallmemberstoinvestinRomania.Mr. Anil Khaitan, President, PHD

ChamberalsoinauguratedtheChhattisgarhStateChapteroftheChamber.

FOCUS STATE : CHHATTISGARH

Mr.VeenuJain,Chairman,ChhattisgarhChapter, PHD Chamber in his welcomeaddress highlighted thework being donebytheChhattisgarhChapter.Dr.KamalPreetSingh,IAS,Secretary,

DepartmentofCommerceand Industries,Govt. of Chhattisgarh explained thework done by the State Governmentin making Atal Nagar a smart city. Mr.Sunil Mishra, IFS, Managing Director,ChhattisgarhStateIndustrialDevelopmentCorporation (CSIDC) through a PowerPointpresentationexplainedtheproposedfacilitiesfortheindustryinthestate.

Dr Mahesh Y Reddy, SecretaryGeneral-Designate,PHDChamberdetailedhowtheChamberisworkingforindustrialdevelopmentandtourisminIndia.Mr. Rajan Sehgal, Co-chairman,

Tourism Committee, PHD Chamber saidthat in view of the infinite possibilitiesof tourism in the State, an action planon behalf of the Chamber is needed fortourismpromotioninfuture.Mr. Shashank Rastogi, Co-chairman,

Chhattisgarh Committee, PHD Chamberdeliveredthevote-of-thankstotheguests.


FOCUS STATE : JAMMU & KASHMIR

Seminar on Importance of Intellectual Property Rights

Dr. Swarkar Sharma, Interim-CEO SMVDU Technology Business Incubation Centre, Shri Mata Vaishno Devi University; Mr. Sukhdeep Singh, Assistant Controller of Patents and Designs, Office of Controller General of Patents, Designs & Trade Marks; Mr. Sandeep Aggarwal, Director, Adastra IP; Mr Rakesh Wazir, President Hotel & Restaurant Association, Co-chairman, Jammu Region, State Chapter, PHDCCI; Dr Mandira Roy, Director, Adastra IP; Ms. Parul Batra, Assistant Secretary, PHDCCI; Ms. Kanchan Zutshi, Secretary, MSME Committee, PHDCCI; Dr. H. P. Kumar, Advisor, PHDCCI and Former Chairman & Managing Director, NSIC with the participants

PHD Chamber with the supportand collaboration of Office of theControllerGeneralofPatents,Designs

& Trademarks, Ministry of Commerceand IndustryandShriMataVaishnoDeviUniversity, Katra organized a seminaron ‘Importance of Intellectual PropertyRights’onAugust23,2018atShriMataVaishnoDeviUniversity,Jammu.

Dr. Swarkar Sharma, Interim-CEOSMVDU Technology Business IncubationCentre,ShriMataVaishnoDeviUniversitynarrated the various activities of theTechnologyBusinessIncubationCentreinresearchanddevelopmentfortheindustry.Mr. RakeshWazir, President, Hotel &

Restaurant Association & Co-chairman,Jammu Region, State Chapter, PHDCCI

mentioned the importanceofUniversitiesindeveloping theskillsof thestudentsatthebasicstage.Hecitedvariousexamplesofday today life likehowRadissonBlu,Coke,etcbecamebrandsjustbypatentingtheirideasandmotivatingstudents.Dr. H P Kumar, Advisor, PHDCCI

highlighted the various governmentschemes like Startup India and StandupIndia throughwhich students can benefitandstarttheirownfirms.Mr. Sukhdeep Singh, Assistant

Controller of Patents and Designs, OfficeofControllerGeneralofPatents,Designs&TradeMarks.GovtofIndiahighlightedtheimportanceofIPRbygivinganexampleofMichaelJackson’spatentedshoes.Dr.Mandira Roy, Director, Adastra IP,

talkedabout IPCommercializationand itsprocess.Mr. Sandeep Aggarwal, Director,

Adastra IP gave a presentation on theimportance of IPR and how it protects apersonfrommisuseoftheirinnovation.Ms.KanchanZutshi,Secretary,MSME

Committee,PHDChamberstated that thefacultyshouldcomeforwardandhelpthestudentsbyprovidingawarenessonIPRs.

Mr. Anil Khaitan, President, PHDChamber launched the JammuChapteronSeptember12,2018at

Vedas.Mr.AnilKhaitanstatedthattheMSME

sector is the second largest employmentcreatorinthecountryafteragricultureandtheChamberhasdevelopedawebportalbringinginallgovernmentschemesunderoneumbrella,easytouseandwilldisplayallGovernmentincentives/schemesforaparticularproduct.Mr. Vikrant Kuthiala, Chairman,

PHDCCI said that it will be the endeavorof all members of Jammu Chapter tomakePHDCCImoreeffective, visibleandan influentialChamber in this region. Hementioned that the State Chapter wouldlike the leadership to takeup five issues,ExtensionofNorthEastpackage to J&K,Reduction of GST Rates for Hospitality/Catering sector, Exemption of SportsClub,GymsfromGSTintheStateofJ&K,AccelerationinInfrastructuredevelopment

Launch of Jammu Chapter

Curtain Raising of PHD Chamber, Jammu Chapter

in the state with mandatory purchase oflocalproductsproducedbylocalindustryandincreaseinfreepowersharetoStatefrom13%to30%fromNHPCProjects.Mr. Rakesh Wazir, Co-chairman,

PHD Chamber introduced the StateChapterMembersandmentionedthatthe

Chamber’sMembershipwillbe increasedwith proper selection of the DistrictConvenersanda full fledgedStructureoftheStateChapterwillbemadefunctional.Mr. Kuldeep Gupta, Co-chair, Jammu

Chapter, PHD Chamber delivered theformalvote-of-thankstotheguests.



TheKashmirChapterofPHDChamberhostedaMembers’MeetandFarewellFelicitation Ceremony to honourMr.

Anil Khaitan, President and Mr. SaurabhSanyal,SecretaryGeneral,PHDChamberon September 23, 2018 at Srinagar. Mr.Pervaiz Ahmed, Chairman & CEO J&KBankLtd.wastheChiefGuest.Mr. Mushtaq Chaya, Chairman,

KashmirChapter,PHDChamberfelicitatedMr.AnilKhaitan,President,PHDChamberwith a memento named “KashmiriSamovar”. On the eve of biding adieu,Mr.AnilKhaitan,President,PHDChamberstated that “Kashmir has always held avery dear place in our hearts and PHDChamber has always been very keen topromote it in a very right way and theChamberwillcontinuouslyworkforPeace,Harmony&Development.”Mr.ParvezAhmadwasalsofelicitated

for the outstanding contribution andsupportextendedbyJammuandKashmirBank Ltd. to the Chamber. Mr. PervaizAhmed, Chairman & CEO J&K BankLtd. stated that it is through the sheerdetermination of PHD Chamber that theyarerankedamongtheApexChambersof

Members’ Meet and Farewell Felicitation Ceremony

thecountry.HefurtheraddedthattheBankwill continue to extend its support as italwayshasbeeninthepast.Mr.BaldevSinghRaina,Co-chairman,

KashmirChapter,PHDChamberfelicitatedMr. B. Venkateshan, (IAS) Secretary,Tourism,Govt.ofTelangana.Mr.SaurabhSanyal,SecretaryGeneral

and Mr. Vivek Seigal, Principal Director,PHD Chamber were also felicitated.

Dignitaries included Mr. Fayaz AhmedKaloo,Chairman&Editor-in-Chief,GreaterKashmir; Mr. Muzaffar Shah, LeadingPolitical Leader and other governmentofficials and Industry Association officebearers.Ontheoccasion,mementoswerepresented to all the Chairmen and Co-chairpersonoftheExecutiveCommitteeofPHD Chamber, Kashmir Chapter for theircontributiontotheState.

Delegates, Members and Guests during the felicitation and Farewell Ceremony of Mr. Anil Khaitan, President and Mr. Saurabh Sanyal, Secretary General, PHD Chamber

Mr. Anil Khaitan, President, PHD Chamber along with Mr. Tariq Rashid Ghani, Chairman, State Expert Committee, PHDCCI, Kashmir; Mr. Aqib Chaya, Chairman, State Young Business Leader Forum; Mr. Iqbal Fayaz Jan, Regional Officer, PHDCCI, J&K; Mr. Pervaiz Ahmed, Chairman & CEO, J&K Bank Ltd.; Mr. Mukhtar Ahmed Shah, Chairman, PHDCCI, State Expert Committee on Forest & Environment; Mr. Baldev Singh Raina, Co-chairman, PHDCCI, Kashmir; Mr. Mushtaq Ahmed Chaya, Chairman, PHDCCI, Kashmir; Mr. Bilal Ahmed Kawoosa, Chairman, State Expert Committee on MSME & Handicrafts and Ms. Shahana Fatime, Co-chair, PHDCCI, State Expert Committee on Sports

Paul Romer and William Nordhaus win the 2018 Nobel Prize in Economics Economists,PaulRomerandWilliamNordhausbothwereawarded2018’sSverigesRiksbankPrizeinEconomicSciencesinMemoryofAlfredNobel,oftenconsideredtobethemostprestigiousprizeinthefieldofeconomics.Bothmenweregiventheprizefortheirrolesinchangestolong-termeconomicforecasting.Romer,aformerchiefeconomistoftheWorldBankreceivedtheprize“forintegratingtechnologicalinnovationsintolong-runmacroeco-nomicanalysis.”Nordhaus,oftenconsideredthefatherofclimatechangeeconomics,won“forintegratingclimatechange into long-runmacroeconomicanalysis.” Althoughtheprizecannot technicallybeconsideredaNobelPrizeasitwasnotestablishedinthewillofAlfredNobel,itisregardedtobeequivalenttothoseprizes(Chemistry,Literature,Peace,PhysicsandMedicine),andiseffectivelyaNobelPrizeforEconomics.Theprizeisgiventoaneconomistwhohasmadeasubstantialcontributiontowardthesubject,withanawardofmorethan$1million.



Workshop on Capacity Building of Existing MSMEs and Start-Ups

Mr. Ashraf Mir, President, Federation of Chamber of Industries, Kashmir; Mr. Showket Chowdhary, Chairman, PHDCCI, State Expert Committee on Education; Mr. Vicky Shaw, Chairman, State Expert Committee on Tourism; Mr. Ram Mohan Mishra, Additional Secretary & Development Commissioner, MSME, GoI; Mr. Rene Van Berkel, UNIDO, Representative; Mr. Mushtaq Ahmed Chaya, Chairman, PHDCCI, Kashmir; Mr. Baldev Singh Raina, Co-chairman, PHDCCI, Kashmir; Mr. Mukhtar Ahmed Shah, Chairman, PHDCCI, State Expert Committee on Forest & Environment; Ms. Shahana Fatime, Co-chair, PHDCCI, State Expert Committee on Sports and Mr. Bilal Ahmed Kawoosa, Chairman, State Expert Committee on MSME & Handicrafts

MoU Signing Ceremony between Kashmir University & PHDCCI

PHDChamber inpartnershipwith theKashmirUniversity,J&KBankLtdandICICIBankorganizedaworkshopon

“Capacity Building of Existing MSMEsand Start-Ups” on September 24, 2018at Kashmir University, Srinagar. Mr. RamMohan Mishra, Additional Secretary &Development Commissioner, Ministryof MSME, Govt. of India and Prof.

Talat Ahmad, Vice-Chancellor KashmirUniversityweretheChiefGuests.The eminent delegates included Mr.

AnilKhaitan,President,PHDChamber;Mr.Mushtaq A. Chaya, Chairman, KashmirChapter, PHD Chamber; Mr. Rene VanBerkel, UNIDO Representative; Prof.MushtaqAhmadDarzi,HOD,Management

Studies, Kashmir University; Mr. KuldeepRaj Gupta, Regional Head, ICICI Bank;Mr. Atif Andrabi, Regional Head, (J&K)ICICI Bank; Mr. Baldev Singh Raina, Co-chairman,PHDChamber,KashmirChapterandDr.H.P.Kumar,Advisor,MSME,PHDChamber.Mr. Mushtaq A. Chaya, Chairman,

KashmirChapter,PHDChamberstatedthatPHDChamberisspearheadingitseffortstoenhancethecompetitivenessofMSMEsbyorganizing these Entrepreneurial capacitybuilding workshops & programmes andhasbeenconductingMSMEConventionstoaddresstheseissuesandmore.Mr. Ram Mohan Mishra, Additional

Secretary & Development Commissioner,Ministry of MSME hailed the efforts ofPHDChamberforcontributing&benefitingthe various sectors of the economy. Headded,theMSMEsectorinIndiaisfacinghuge challenges to be able to play theirdueroleintheeconomyaswelltoremaincompetitiveintheeraofglobalizationandliberalization. Hence these Conventions& programmes are necessary to beorganizedas thesehelpMSMEs tocometogether and formulate the agenda forprogress.A MoU was also signed between

PHDChamber and Kashmir University toorganize various programs strengtheningIndustry- Academia association andwork for the benefit & development ofthe students. The MoU was signed byMr. Mushtaq A. Chaya, Chairman, PHDChamber, Kashmir Chapter and Prof.MushtaqAhmadDarzi,HOD,ManagementStudies,KashmirUniversity.A technical session on ‘Promotional

AssistanceforsettingupofNewBusinessand Startups & Marketing Opportunitiesfor MSMEs, Innovation & Technology’was addressed by Mr. Om Chaudhary,ICICIBank;Mr.BilalKawoosa,Chairman,Expert Committee, MSME, PHDCCIKashmir; Mr. Suhail Alaqband, AssistantDirector,MSME,DISrinagarandMs.RanuMookerjee, Sr. Training Manager, GeM,Ministry of Commerce & Industry, Govt.ofIndia.Ms. Mookerjee stated that GeM

platform provides online, end-to-endsolution for procurement of commonlyused goods and services for all CentralGovernment Departments and StateGovernments.



PHD Chamber organized the 2ndeditionofPHDGolfTourismConclaveand Tournament on September 22-

23, 2018 atSrinagar, Jammu&Kashmirwith a focus to position India on theinternationalGolfTourismmap.PHDGolfTourismConclavewasheld

onSeptember22,2018atSher-i-KashmirInternational Conference Centre (SKICC),Srinagar and brought on one platformalltherelevantstakeholders–theGovernmentand the private sector to discuss issuesand opportunities for promotion of golftourisminIndia.Chief Guest, Mr. Khurshid Ahmad

Ganai(IAS),AdvisortoGovernor,Govt.ofJammu&KashmirsaidthatJ&K,alreadyknownforitsnaturalbeautyalsohasstate-of-the-artGolfCoursesanditisimportanttopromotegolfasanichetourismproductand position J&K as a preferred golfingdestinationintheregion.

PHD Golf Tourism Conclave & Tournament

The Conclave was also graced byMr. B. Venkatesham (IAS), Secretary-DepartmentofTourism,Govt.ofTelangana;Mr. Farooq A Shah (IAS), Secretary,Department of PHE I&FC, Govt. of J&K;Mr. Masarat Hashim, Dy. Director, J&KTourism;Mr.IlliyaDekov,Counsellor-HeadofTrade&EconomicAffairs,EmbassyofBulgariainIndia;Mr.AlexisBossuyt,Tradeand Investment Commissioner, Govt. ofFlanders; Mr. Pawas Prasoon, AssistantDirector, India Tourism Delhi and Mr.Rameshwar Prasad, Member, BharatiyaJanataParty.While welcoming the delegates, Mr.

AnilKhaitan,President,PHDCCIsaid thatIndia has the strength to provide roundtheyear tourismandwithGolfbecominga growing sport worldwide, there areimmense opportunities for the growth ofGolfTourisminIndia.Those present from PHDCCI were

Mr. Mukesh Gupta, Chairman- Tourism

Committee;Mr.MushtaqChaya,Chairman-Kashmir Committee; Mr. Rajan Sehgal,Co–chairman- Tourism Committee; Mr.A P Vicky Shaw, Chairman- Tourism,KashmirCommittee;Mr.Nasir Shah,Co-chairman- Tourism, Kashmir Committeeandthesecretariatteam.TherepresentativesofdifferentStates-

Jammu & Kashmir, Telangana, Delhiand Countries- Thailand, Bulgaria gavepresentationshighlightinggolftourismandrelated infrastructure of their respectiveplaces.During the Conclave, a panel

discussion on ‘Positioning India on theinternational Golf Tourism map’ wasalso organized which wasmoderated byMr. Rajan Sehgal, President, India GolfTourism Association & Co–chairman-Tourism Committee, PHDCCI. ThepanellistsincludedMr.VinodZutshi(IAS),Former Secretary, Ministry of Tourism,Govt. of India; Ms. Sunita M. Bhagwat

Mr. Anil Khaitan, President; Mr. Yogesh Srivastav, Principal Director; Mr. A P Vicky Shaw, Chairman- Tourism, Kashmir Committee; Mr. Rajan Sehgal, Co–Chairman- Tourism Committee; Mr. Mushtaq Chaya, Chairman- Kashmir Committee; Mr. Khurshid Ahmad Ganai (IAS), Advisor to Governor, Govt. of J&K; Mr. B. Venkatesham (IAS), Secretary- Department of Tourism, Govt. of Telangana; Mr. Mukesh Gupta, Chairman- Tourism Committee; Mr. Farooq A Shah (IAS), Secretary, Department of PHE I&FC, Govt. of J&K; Mr. Masarat Hashim, Dy. Director, J&K Tourism and Mr. Saurabh Sanyal, Secretary General, PHD Chamber

Mr. A P Vicky Shaw, Chairman- Tourism, Kashmir Committee; Mr. Sudhir Sobti, Chief Manager, Delhi Tourism; Mr. Arshad Shawl, Co-Chairman- Kashmir Committee; Ms. Sunita M. Bhagwat (IFS), Commissioner of Tourism, Govt. of Telangana; Ms. Shruti Nada Poddar, Chairperson- Rajasthan State Chapter; Mr. Vinod Zutshi (IAS), Former Secretary, Ministry of Tourism, Govt. of India; Mr. Ghalib Mohiuddin, Managing Director, J&K Golf Development and Management Authority; Mr. Vishesh Khanna, Vice President- Sales, Vistara; Mr. Isra Stapanaseth, Director, Tourism Authority of Thailand- New Delhi Office; and Mr. Mushtaq Chaya, Chairman- Kashmir Committee



(IFS),CommissionerofTourism,Govt.ofTelangana;Mr. IsraStapanaseth,Director,TourismAuthorityofThailand-NewDelhiOffice; Mr. Sudhir Sobti, Chief Manager,Delhi Tourism; Mr. Ghalib Mohiuddin,ManagingDirector,J&KGolfDevelopmentandManagementAuthority;Mr.APVickyShaw, President, Professional GolfersAssociationofIndia;Mr.VisheshKhanna,VicePresident-Sales,Vistara;Ms.ShrutiNada Poddar, Chairperson- RajasthanStateChapterandMr.ArshadShawl,Co-chairman-KashmirCommittee,PHDCCI.The subject was passionately

discussed by keen golfers, eliteindustrialistsandcaptainsfromthetravel&tourismIndustrypresent,whowerefurthermotivatedtocontributetothecause.The PHD Golf Tournament was

organized on September 23, 2018 atRoyalSpringsGolfCourse,Srinagar. TheTournamentsaw theparticipationofover90golfersfromthecountry,besidessomelocalgolfersfromJammu&Kashmir.While inaugurating the Tournament,

Mr. Farooq Abdullah, Former ChiefMinister,GovernmentofJ&KwelcomedallthekeenandavidgolfersfromacrossIndiaandsaidthatKashmirhasbecomeoneofthe favoritespots forGolf lovers.Playinggolf in the valleys of Kashmir,where thewind whispers through the chinar andpinetreesistotallyadifferentexperience,especiallywhengolfingentangleswiththesightseeingofbeautifullakesandvalleys.The Tournament was also graced by

Mr.KhurshidAhmadGanai(IAS),Advisorto Governor, Government of Jammu& Kashmir; Mr. Satyajeet Rajan (IAS),Director General, Ministry of Tourism,Govt. of India; Mr. Parvez Ahmad,Chairman&CEO,J&KBankLtdalongwithseniorofficialsfromPHDCCI.All tournament players appreciated

the efforts of PHD Chamber along with

thesupportoftheMinistryofTourismfororganizingthisConclave&Tournament.TheRoyalSpringsGolfCourseproved

a challenge even for most experiencedgolfers. The winners for the tournamentwere:1. CategoryA(LocalPlayers)• Winner–Mr.ShabeerBazaz• RunnerUp–Mr.AltafBaig

2. CategoryB(PanIndiaPlayers)• Winner–Mr.YashMahajan• RunnerUp–Mr.SandeepSingh

3. ClosesttoPin–Ms.Shama

4. LongestDrive–Mr.PawanParihar

5. StraightestDrive-Mr.GhalibShah


Apeejay Stya & Svran GroupFounded on Values, Built on Dreams

Our Business Activities

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Apeejay Stya & Svran Group has been conferredthe prestigious Hall of Fame Award for Excellence in

Innovation Process by The Medici Institute

The Apeejay Stya Group, founded in 1942, owes its origins to legendary Founder Chairman Dr. Stya Paul, eminent industrialist, freedom fighter, educationist and philanthropist. Carrying forward his legacy, vision & values, Mrs. Sushma Paul Berlia, his daughter and only child, consolidated and expanded the Group to lay the foundation of the Apeejay Stya & Svran Group – a leading industrial and investment house with interests in diverse verticals. The Apeejay Stya & Svran Group, under the stellar leadership of President, Mrs. Sushma Paul Berlia, continues its core commit-ment to people, nation-building and innovation, exploring new vistas and carving a niche in India’s entrepreneurial and education firmament.

Apeejay Education Society, Apeejay Stya Block, Apj School Road, Sheikh Sarai, Phase - I, New Delhi - 110017Tel: 011-26012212 - 15, Websites: www.svran.com, www.apeejay.com, www.apeejay.edu, university.apeejay.edu

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across the country

Celebrating 50 yearsof excellence in education

ApeejayStyaUniversity

India’s 1st IndustryCentric Technology

& Liberal Arts Universityfocused on

Research & Innovation

ApeejayStyaEducation ResearchFoundation

A think-tank for assimilationof the latest

education trends,technologies and policies

Our Social Commitment

APE

EJAY

S

TYA EDUCATION RESEA

RCH FO

UN

DATION


MADHYA PRADESH

TheMPChapterofPHDChamberandAlliancefor Rivers in India (AFR), a NationwideMission for rivers organized a roundtable

on conservation of rivers and otherwater bodiesonSeptember11,2018attheofficeofPHDCCI,Bhopal. The objectivewas to discuss the role ofvariousstakeholdersandindustriesinconservationof rivers and other water bodies like ponds,lakes,etc in thestate aswell as toexplorenewopportunitiesforemploymentgeneration.Mr. Sanjay Gupta, Co-founder of Alliance for

Rivers(AFR)informedthatthereare10,360riversin India out of which 313 rivers exist inMadhyaPradesh but condition of these water bodiesis deteriorating day-by-day due to increase inpollutionandencroachmentontheriverbanks.Hesuggestedtheneedtoadoptaholisticapproachinprotectionofthesewaterbodies.Thefirststepistoidentifyunlistedriversandotherwaterbodiesinthestate.Mr. Gupta also suggestedmanagingwasteatitsoriginbyadoptinga‘zerowaste’approachinourdailyroutine.Mr. S. K. Tiwari, River Management Expert,

Bhopal and Member of ARF has written a bookon rivers titled as “Aur Utarta Gaya Pani.” Heinformedthatthegovernmenthasinitiatedvarious

Round Table on Rivers -Launch of Alliance for Rivers in India

programstoprotectriversandotherresourcesbutlackofawarenessingeneralpublicaboutproperuseandconservationofnaturalresourcesisabigconstraint for implementationoftheseprograms.Mr. K. G. Vyas, Ex-Director,

Water and Land Management

Institute (WALMI), Bhopal shared hisexperienceonconservationofrivers.Mr.R.G.Dwivedi,RegionalDirector

PHDCCIinhisvote-of-thankshighlightedtheneedforariverpolicyinthestatetostop illegal activities and pollution ofnearbyrivers.

Mr. K G Vyas Ex-Director, Water and Land Management Institute, Bhopal; Mr. Ram Bhuvan Kushwah Sr Journalist; Mr. K. S. Tiwari, River Management Expert and Mr. Sanjay Agrawal, Dy Commissioner Income Tax, Bhopal; Mr Sachin Shrivastava, Sr Resident Officer, PHDCCI MP; Mr. Apporva Jain Advocate; Mr. Sanjay Gupta Co-Founder of Alliance for Rivers in India; Mr. R G Dwivedi, Regional Director, MP PHDCCI and Mr. Anirudh Dubey Sr Resident Officer MP, PHDCCI

PHDChamber,MPStateChapterwasinvited by its member organizationBhopal Management Association to

beakeypart in “OrientationProgramonTeaching-Learning: Vocationalization ofHigherEducation”heldonSeptember20,2018,atHotelPalashResidency,Bhopal.Mr. R. G. Dwivedi, Regional Director,

PHDChamberMadhyaPradeshmoderatedtheinauguralsession.Mr.SubhashVithaldas,Chairman,MP

CommitteePHDChamberinhiswelcomeremarks mentioned that there is a greatneedofvocationaleducationand trainingas per the industry needs. The practicaltraining and industry exposure is amustforyouth,hefurtheremphasized.Chief Guest, Dr. Mahesh Shukla,

CGM, MP Bharat Sanchar Nigam Ltd,Bhopal said that youth must be trainedwithmodern technology and should gainpracticalknowledge.Helaudedtheroleoffacultywhichisverycrucialthesedays.Dr. D. C. Karosliya, Ex Director,

Orientation Programme on Teaching- Learning: Vocationalization of Higher Education

(NITTTR), Bhopal said that there is aneed tomodernize the education systemasnowadays,workmenwithattitudeandaptitudearerequired.Mr. Sanjay Singh, Sr. GM, HEG Ltd.

saidthatstudentsshouldbegiventrainingaspertheindustryrequirements.Other eminent speakers were Dr.

Peeyush Verma, Dr. Nishith Dubey, TLC

Project Coordinator, NITTTR Bhopaland Dr. Parag Dubey, Dean, CorporateInternational Relations, NITTTR Bhopal.The technical session was moderatedby Mr. Vishwas Ghuse, Hon. Secretary,BhopalManagementAssociation.Mr. G K Chibber delivered the formal

vote-of-thankstotheguests.

Mr. R G Dwivedi, Regional Director ,PHD Chamber MP, Mr. Subhash Vithaldas, Chairman, MP Committee, PHD Chamber, Dr. D C Karosliya, Ex Director, National Institute of Technical Teachers’ Training and Research (NITTTR), Bhopal, Dr. Mahesh Shukla, CGM, MP Bharat Sanchar Nigam Ltd, Bhopal and Mr. Sanjay Singh, Sr. GM, HEG Ltd.


FOCUS STATE : NER

PHD Chamber launched its ‘NERChapter’ on September 14, 2018at Guwahati, Assam which was

attended by Entrepreneurs from thestatesoftheNorth-East,officialsfromtheGovernmentandthemedia.ChiefGuest,Mr.ParimalSuklabaidya,

Hon’ble Minister for Fisheries, Excise,Environment and Forest, Govt. ofAssam complimented PHD Chamber forlaunching the NER Chapter which wouldhelp in highlighting and exploring thehuge potential of North-Eastern States indifferentsectors.HealsoassuredthattheGovt.ofAssamwillprovideitsfullsupportto PHD Chamber for various eventsorganized for the development of North-Easternregion(NER).Mr. Anil Khaitan, President, PHD

Chamberassured thatPHDChamberwillcontinue working in a close relationshipwiththe8North-EasternstatesespeciallypursuingdevelopmentofMSMEs.Healsoinformed about the “MSME FacilitationCentre”openedatPHDHouse,NewDelhiwhichwillhelpindevelopmentofMSMEsinNorth-Easternregion.

Launch of NER Chapter

DrMaheshYReddy,SecretaryGeneral-Designate, PHD Chamber reiterated thatthe Chamber is committed towards thedevelopment of theNE region andwouldliketobecomethevoiceoftheindustryfortheNorthEasternRegion.Dr. Ranjeet Mehta, Principal Director,

PHD Chamber highlighted the initiativesand programmes conducted by NERCommittee,PHDChamberinthelastthreeyears.

Mr. G.S. Singhvi, Chairman,Membership Committee, PHD Chambergaveadetailedpresentationregardingthemembership opportunities and benefitsavailable with PHD Chamber. He alsourgedtheindustryintheNorthEasttogetassociated with PHD Chamber as it willhelpinthedevelopmentandgrowthoftheirrespectivebusinesses.Mr. Gautam Sarma, Co-chairman,

NERCommittee,PHDChamberdescribedtheprogramsandseminarsorganizedbythe NER Committee in the past 3 years,touchingallthe8statesoftheregion.Mr. Pabitra Buragohain, President

and Director, Federation of Industry andCommerce of North Eastern region andMr.E.Blah,President,NorthEastTourismConfederation assured their completesupport to PHD Chamber towards thedevelopmentoftheNorthEasternregion.Mr. Bhaskar J Gogoi, Co-chairman,

NERCommittee,PHDChamberinhisvote-of-thanks requested the entrepreneurs tocome forward and avail the assistanceprovided by the State Governments andotheragenciesforthedevelopmentoftheregion.

Mr. Parimal Suklabaidya, Hon’ble Minister for Fisheries, Excise, Environment and Forest, Govt. of Assam; Mr. E. Blah, President, North-East Tourism Confederation; Dr. Ranjeet Mehta, Principal Director, Mr. Anil Khaitan, President and Dr Mahesh Y Reddy, Secretary General-Designate, PHD Chamber; Mr. Pabitra Buragohain, President and Director, Federation of Industry and Commerce of North-Eastern Region and Mr. G.S. Singhvi, Chairman, Membership Committee, PHD Chamber

Mr. Anil Khaitan, President, PHD Chamber inaugurating the NER Chapter

Dr. Ranjeet Mehta, Principal Director, Mr. Anil Khaitan, President, PHD Chamber; Mr. Parimal Suklabaidya, Hon’ble Minister for Fisheries, Excise, Environment & Forest, Govt. of Assam and Dr Mahesh Y Reddy, SG-Designate, PHD Chamber


RAJASTHAN

PHD Chamber organized atraining program on Governmente-marketplace for MSME sector on

September20,2018at Jaipur.Themainobjectiveoftheprogramwastoincreaseawareness and active participationby MSME industry in Governmentprocurement by facilitating tradebetween the government, industry andentrepreneurs.A MoU was signed between the

Government e-Marketplace (GeM)and PHD Chamber for establishingcollaborative approach between ourMSMEmembersandtheGovernmentforfacilitating supply of goods and servicesunder the Government procurementprogram.The training was conducted by Mr.

Suraj Sharma, an official from e-marketunit of the Ministry of Commerceand Industry. Mr. Sharma spoke ongovernment’s e-marketplace, registrationprocess for Gem 3.0, the procurement

Training Programme on Government e-Marketplace for MSME Sector

process, financial rules and the specificterms.TheprogramwaschairedbyMr.Akshay

Hada, Chairman of MSME, Infrastructureand Industry Committee, PHD ChamberofRajasthan. Inhiswelcomespeech,MrHada said that GeM has recorded about

$1.5billionworthof transactionssince itwas launchedwith the aim to reach$25billionworthoftransactionsinthreeyearsand$100billioninseven-eightyears.Ms.RachnaSingh,RegionalDirector,

PHDCCI delivered the vote-of–thanks totheguests.

Mr. Nitin Jain, Co-founder, OFB Tech Pvt. Ltd.; Mr. Suraj Sharma, Business Facilitator, GeM, Ministry of Commerce & Industry; Ms. Rachna Singh, Regional Director, Rajasthan Chapter, PHDCCI and Mr. Akshay Hada, Chairman, MSME, Infrastructure, Industry Affairs Committee, PHDCCI, Rajasthan

MoU with Bundelkhand University

Prof. Surendra Dubey, Vice-Chancellor of Bundelkhand University, Ms. Anju Bajaj, Chairperson, Committee on MSME, PHD Chamber ; Dr. S K Katiyar, Dean Science, Bundelkhand University, Jhansi; Mr. Chandra Pal Tiwari, Registrar, Bundelkhand University ; Mr. Mithilesh Kumar Joint Secretary, PHD Chamber and Dr. Rambir Singh, Institute of Biomedical Sciences, Bundelkhand University

PHD Chamber and BundelkhandUniversity, Jhansi, Uttar Pradeshsigned a Memorandum of

Understanding (MoU) to facilitate andcultivatestronglinkageswithindustryandacademiaandworkoncommonintereststopushforwardthecountry’sgrowthstoryon September13,2018atBundelkhandUniversity, Jhansi. The MoU was signedbetween Prof. Surendra Dubey, Vice-Chancellor of Bundelkhand University,Jhansi and Ms. Anju Bajaj Chairperson,CommitteeonMSMEs,PHDChamber.Prof.SurendraDubey,Vice-Chancellor,

Bundelkhand University, Jhansi said thattheuniversitywantstoworkwithPHDCCIfor exposure of entrepreneurs of Jhansias well as to bring best practices andexchangeofprogrammes.Ms. Anju Bajaj, Chairperson,

Committee onMSME apprised about thevariousinitiativesofPHDChamberfortheoveralldevelopmentofMSMEsector.She

mentionedthattheregularindustry-academiaconnectswillincreasetheawarenessofstudentsaboutindustrydemandsandworkculture.

FOCUS STATE : UTTAR PRADESH



Awareness Seminar on Importance of Intellectual Property Rights

Dr. Rambir Singh, Head Dept. of Biomedical Science Bundelkhand University; Prof Shiv Kumar Katiyar Head At Institute of Food Technology, Bundelkhand University; Dr. Chaturbhuji Gupta Registrar, Bundelkhand University; Prof. Surendra Dubey, Hon’ble Vice Chancellor, Bundelkhand University; Ms. Anju Bajaj Chairman, MSME Committee PHD Chamber; Mr. Dharmpal Finance Officer Bundelkhand University; Prof. V.K. Sehgal institute of Basic Science (Department of Mathematical Science and Computer Applications) Bundelkhand University; Mr. Mithilesh Kumar, Joint Secretary, MSME Committee PHD Chamber and Prof. S P Singh Department of Geology, Bundelkhand University

PHD Chamber in association withthe Bundelkhand University, Jhansi,organizedaseminaron ‘Importance

of Intellectual Property Rights’ onSeptember 13, 2018 at BundelkhandUniversity, Jhansi under the aegis ofOfficeoftheControllerGeneralofPatents,Designs & Trade Marks, Ministry ofCommerce and Industry. The objectivewas to impart knowledge on IntellectualProperty Rights among the younggenerationindevelopinganIPecosystemin the states through education, training,researchanddevelopmentinuniversities.Dr. Rambir Singh, Head Dept. of

Biomedical Science, BundelkhandUniversity, Jhansi shared the importanceof IPR and emphasized that studentsshouldunderstandtheprocessofIPRs.Ms. Anju Bajaj, Chairman, MSME

Committee, PHD Chamber said thatIP education at school and tertiarylevels remains a big challenge for stategovernments and states need to takelargestridesby introducing IPcoursesatmultiplelevels.Chief Guest, Prof. Surendra Dubey,

Hon’ble Vice Chancellor, Bundelkhand

University, Jhansi said that the universitywants toworkwithPHDCCI forexposureof entrepreneurs of Jhansi in the area ofbusiness development and to bring bestpracticesandexchangeofprogrammes.Dr.Mandira Roy, Principal Associate,

Adastra IP gave a presentation on‘Importance on IPR in AcademicInstitutions’. She mentioned that IP is acreationofmindand it canbeoriginatedfrom an idea or a thought which may

transform into a socially useful andthoughtful product. She emphasized thatstudentsshouldmakeateamandusethecamplabstoformstart-ups.Mr.SandeepAgarwal,Director,Adastra

IP in his presentation on ‘IntellectualProperty Rights’ provided information onIPRs and how can they differentiate thefiles like (Copy Rights, Patents, Design,GeographicalIndicationandothers).

Corporate Social Responsibility Conclave

Dr. Lalit Khaitan, Chairman - Radico Khaitan Ltd. and Chairman - UP State Chapter, PHDCCI handing over the cheque of Rs. 51 lakhs to Yogi Adityanath Hon’ble Chief Minister of UP

The Department of Industriesorganized for the first time aConclaveonCSRonSeptember11,

2018 at Lok Bhawan, Lucknow inwhichprominent Industry Associations, majorCorporatesandIndustrialistswereinvited.The purpose of the event was to garnerCSR funds for projects identified for thedevelopment of the State. Three thrustareas namely, Swachh Bharat Mission,DevelopmentofInfrastructuralFacilitiesatTourismSpots and upliftment of SanskritVidyalayaswereidentifiedfordevelopmentoftheState.YogiAdityanath,Hon’bleChiefMinister,

Uttar Pradesh along with Mr. SatishMahana Hon’ble Minister for Industries;Ms.RitaBahugunaJoshi,Hon’bleMinisterfor Tourism; Mr. Siddharth Nath Singh,Hon’ble Minister for Medical and Health;Mr.BhupendraSinghChaudhary,Hon’bleMinister for Panchayati Raj / PWD; Dr.Anup Chandra Pandey Chief Secretary;Mr.AvanishKumarAwasthi,ACSandDG,Tourismandother senior officials graced

theoccasion.Dr.LalitKhaitan,Chairman,PHDCCI,UPChapteraswellasMr.MukeshBahadur Singh and Mr. Gaurav Prakash,UPChapter,Co-chairmen, PHDCCIwerealsopresent.Dr. Lalit Khaitan presented a draft of

Rs51lakhsfromtheCSRfundsofRadicoKhaitantowardsconstructionof425toiletsinRampur.TheChiefMinisterthankedDr.Khaitan for his contribution and exhortedthecorporateworldtocomeforwardand

participateactively in thedevelopmentofthe State through channelising their CSRfundsintheprojectsidentifiedbytheStateGovernment.Dr. Lalit Khaitan lauded the efforts

of the Government towards all-rounddevelopment of the State particularly inthe area of industrial development. HeassuredtheGovernmentofbringingmoreCSRfundsfromthevastfraternityofPHDChambermembers.



Business Meeting to discuss the 16 MoUs signed during the investors meet at Lucknow

Mr. Anuj Didwania, Member, PHD Chamber, Varanasi; Mr. Yogi Adityanath, Hon’ble Chief Minister, Uttar Pradesh; Mr. Ashok Kumar Gupta, Convener- PHD Chamber Task Force on Smart City Varanasi and Mr. Mayank Gupta, Director, Swastik Builders & Developers, Varanasi

PHDChamberleveragedtheopportunityof the visit of Yogi Adityanath ChiefMinisterofUttarPradeshtoVaranasi

onSeptember12,2018atCircuitHouse,Varanasitowelcomeandinformabouttheproblems which they are facing towardstheimplementationof16MoUssignedforthedevelopmentofVaranasiCity.PHD Chamber had signed 16MoU’s

at the Investor’s Meet at Lucknow onFebruary9,2018regardingdevelopmentalprojectsforVaranasi.PHD Chamber delegation was led

by Mr. Ashok Kumar Gupta, Convener,Varanasi along with Mr. Anuj Didwania,Member, Mr. Mayank Gupta, DirectorSwastik Group and Mr. Prashant Tiwari,ExecutiveOfficer.The meeting was chaired by Mr.

Yogi Adityanath and also included Mr.Neelkanth Tiwari,Minister of State,Govt.ofUttarPradesh.Mr. Ashok Kumar Gupta along with

other members discussed the problemsthey were facing in the implementation

of these16MoUs. Themembers soughtthe support and intervention of UPGovt.to develop the projects at Varanasi andrequested the Chief Minister to take adecisionontheseissuessothattheycanmove forward with their signed MoUstowardsthedevelopmentofVaranasiCity.The Hon’ble Chief Minister assured

that whatever has to be done for the

implementation of these projects willbe taken care of and there will be nohindrancesintheimplementationoftheseprojects.Healso informed thathewouldlook into the request of PHD Chamber’ssupport in Prawasi Bhartiya Diwas andwill definitely consider their vital role fortheevent.

Seminar on Importance of Intellectual Property Rights in Innovation Management

Mr. Mithilesh Kumar, Joint Secretary, MSME Committee PHD Chamber; Mr. Sandeep Agarwal, Director, Adastra IP; Mr. U.C. Shukla, Director MSME DI Institute, Kanpur, Ministry of Micro, Small & Medium Enterprises; Mr. Mukesh B. Singh, Co-chairman, UP Chapter, PHD Chamber and Ms. Anuradha Goel, Resident Director, PHD Chamber

PHDChamberorganizedaSeminaron‘Importance of Intellectual PropertyRightsinInnovationManagement’on

September24,2018atAmbalikaInstituteofManagementandTechnology,Lucknow.ChiefGuest,Mr.U.C.Shukla,Director

MSME DI Institute, Kanpur, Ministry ofMicro, Small & Medium Enterprises,advised the delegates to make use ofIPR in their innovations, R&D work andspreadtheconceptofIPRamongMSMEs.He said IPR spurs innovation and thusgovernmentbothattheCentreandState-levelareconstantlyengagingineffortsforbringingoutneededchangesinregulationsor support system and also new policyinterventions to create an enablingenvironment.Dr. Alok Mishra, Director, Ambalika

Institute of Management and Technologyin his welcome remarks shared theimportance of IPR in innovationManagement.HeemphasizedthatstudentsshouldunderstandtheprocessofIPRs.Mr. Mukesh B. Singh, Co-chairman,

PHD Chamber emphasized that R &D Department should be made in the

companies as dozens of industries relyonadequateenforcementoftheirpatents,trademark and copyrights. He alsomentionedaboutthebenefitsofacademiaandindustrycollaboration.In his Keynote address,Mr. Sandeep

Agarwal, Director, Adastra IP gave apresentation on ‘Importance on IPR inAcademic Institutions’. He emphasizedthat students should make a team andusethecamplabstoformastart-up.Hefurther highlighted about the importanceofpatents.Hesaidthatbothproductand

processcanbepatented.Mr. Mithilesh Kumar, Joint Secretary,

MSME Committee, PHD ChambermentionedtheimportanceofIntellectualProperty Rights and said that it is veryimportant that faculty should comeforwardandhelpthestudentsbyprovidingawareness of IPR. He further apprisedabout the IPR Facilitation Centre of PHDChamber.Ms.AnuradhaGoel,ResidentDirector,



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PHD HIMALAYAN TOURISM SAMMANHIT SAMMAN Based on UN SDGs


PHD Chamber, Uttarakhand Chapteralong with the Uttarakhand TourismDevelopment Board organized its

First Himalayan Tourism Samman awardceremony on September 27, 2018 atDehradunontheWorldTourismDay.Theawardswereanodetothehotels,resortsas well as Tourism Service Providersacross the state that excelled in theirrespectivefields.Mr.AnilTaneja,RegionalDirector,PHD

Chamberinhisthemepresentationstatedthat through initiatives like Samman,the Chamber intends to function as anextendedarmofthestategovt.topromotesustainableandresponsibletourism.Mr.SatpalMaharaj,MinisterofTourism,

Uttarakhand informed about the NewTourismpolicypassedbythegovernmenton World Tourism Day and stated thatthispolicywillhelp thestategovernmentnot only to focus on diversified tourismdevelopment but also on the importantaspects of sustainable & responsibletourism. He cited many examplesfrom different parts of the world andpossibilities of innovative developmentslikemysticaltourism,heritagesustenancebased tourism, historic Himalayan trackstraversedbyBruisers,mysticalmedicinalplants locations like Sanjeevani, etc.The possibilities are immense he statedand assured that the ministry will takeinitiativestotapthehugepotential,butwithclearprioritytoenableaninclusivegrowth

and measures will be taken to ensurethat cultural and ecological heritage issustained.Heexpressedthathisministryis supporting this HIT Samman initiativewiththepurposeofpromotingsustainabledevelopment.Mr.DilipJawalkar,TourismSecretary,

Govt. of Uttarakhand assured thatthe Tourism Ministry will support thecommemoration of SAMMAN everyyear and also proposed to expand thehorizons to all theHimalayanStateswithgreater participation. He applauded theparticipation of Ms. Akhale Vizol, HODTourism from Govt. of Nagaland, as sheconferred Nagaland souvenirs of handedknitted scarves to panel members andjacketstothechiefguest.Mr S.P. Kochhar, Chairman, PHD

Chamber, Uttarakhand appreciatedthe proposed policy based incentivemechanism for inclusive growth as itwill discover the potential of tourism inUttarakhand.Mr.PrashantChotani,CEO,Travel XP

world’sleadingtravelchannelparticipatingas an exclusive electronic media partnerof PHD Chamber for these awards, saidthat the event was a true example ofcollaborativeapproachofthestateGovt.Mr. Vinod Zutshi, IAS (Retd), Former

Secretary, Minister of Tourism said thatPHD Chamber should continue to makeendeavors with the State Government,

to make the State of Uttarakhand, thefirst state in India to achieve the SDG’sand emerge as the choicest tourismdestination.Dr. R.B.S. Rawat, Retd. Principal

Chief Conservator of Forests, Govt. ofUttarkhandstressedonmeasuresneededto manage the tourism influx based onthe city or location capacity. Sustainabledevelopment goals, he stated can onlybe achieved if resources are optimallyexploited.Mr. Rajeev Doval, National Head

for Times Foundation for Branding andCorporate Communications stressedon the need for tapping the unexploitedvast potential of tourism growth whilemaintainingecologicalbalance.Dr. Anu Lama, ICIMOD and Mr.

Koirala from Govt. of Nepal – Province7 expressed the need for collaborativeregional initiatives for addressing theissuesrelatedtosustainabledevelopment.Ms.RashmiBajaj,StateHead,UNDP,

Uttarakhand said that they are closelyworkingwiththestategovt.forenablingapolicybasedsustainabledevelopmentwithmeasurableoutcomesandwilltechnicallyalways be supporting the State TourismSector.The Sustainable Himalayan Tourism

Samman Plaques and Popular choiceSammanwerefelicitatedbythechiefguestto40nomineesin12differentcategories.

FOCUS STATE : UTTARAKHAND



Seminar on Start-up in collaboration with SIIDCUL, Govt. of Uttarakhand

Mr. Nitesh Kaushik, Startup Task Force, PHD Chamber; Mr. Anil Taneja, Regional Director, PHDCCI; Mr. Verendra Kalra, Co-chairman, PHDCCI, Uttarakhand; Mr. Prakash Pant, Hon’ble Minister for Finance, Govt. of Uttarakhand; Dr. Apoorva Ranjan Sharma, President & Founder, Venture Catalyst; Mr. Neeraj Tyagi, Partner Venture Catalyst; Mr. Srinivas Kollipara, Founder T-Hub; Mr. Saurabh Jain, Vice President, Paytm; Mr. Anshuman Khanna, Principal Investments IVY Cap Ventures and Mr. Ashish Aggarwal, Chairman, Innovation Committee, PHD Chamber

PHD Chamber, Uttarakhand Chapteralong with the Uttarakhand StateGovernment organized a session on

EntrepreneurshipDevelopment&Startupson the first InvestorsSummitonOctober8, 2018 at Dehradun. The objective wastopromoteEntrepreneurshipandfocusontechnology startups and other innovativesmallbusinesses.ChiefGuest,Mr.PrakashPant,Minister

of Finance&ParliamentaryAffairs statedthat inorder tomove forward in the fieldofStart-Ups,theStateformulateda2018Start-Up policy under which opportunityis being provided to youth of the state.New entrepreneurs are being providedcapital subsidy, electricity concessionsand other facilities for setting up Start-Ups.Applicantscanregisterwiththehelpofonlineportal.Thegovernmentismakingefforts to establish industrial estates ineverydistrictofthestate.Ms. Sowjanay, MD SIIDCUL and

Commissioner Industry highlighted theunique features of theUttarakhandStart-Up Policy. She invited the investors andother stakeholders to take cognizance ofthe Start-up Eco system opportunities inthestate.Shealsostatedthatyouth,whowillstarttheStart-Ups,willgetRs10,000rupeespermonth foroneyear,while theyouthofthehillareas,SC,STandwomenwill get Rs 15,000 permonth. Industriesestablished under the Start-Upwill get a

rebateinSGSTforthreeyears.Dr. Rajesh Kumar, MD, SIIDCUL and

Director Industry, Govt. of Uttarakahndshared the State Govt.’s Start-up Policyand stated that the government willfacilitate ecosystem in thebestpossiblemanner.Mr. Verendra Kalra, Co-chairman,

UttarakhandStateChapter,PHDChamberstated that the Chamber is committed toplay a vital role along with governmentin the development of Start-ups andentrepreneurshipecosysteminthestate.Mr.SrinivasKollipara,Founder,T-Hub,

India’slargestincubatorstatedthatculturalorientation is needed to be done in theenvironmentwhichisnewtoStart-ups.Dr.ApoorvaRanjanSharma,President

&FounderofVentureCatalyst,India’s1stIntegrated Incubator expressed that thegreat aspirations of the youth of tier II &IIIcitiesisthemostpromisingopportunityforthenation.Mr. Anshuman Khanna, Principal

InvestmentswithIVYCapVenturesstatedthat failure for a start-up is a steppingstone and an opportunity to start freshfrompastlearning.Mr. Saurabh Jain, Vice President,

Paytm shared the grand Indian successstoryofPaytm.Mr.AshishAgarwal,Chairman,Start-

up,PHDChamberwhoisalsoainvestment

banker stated that start-ups need toestablishpartnershipswithcorporateandfundingagencies.TheUttarakhandStateChapterofPHD

Chamber on the occasion launched PHDChamber’s Uttarakhand Angel’s Networkwithabaseof100AngelInvestors.

Digital Transactions Registered

Tremendous Growth

Digital payment transactions haveregistered tremendous growth in Indiaover the past two years. New paymentmodes – Bharat Interface for Money-UnifiedPayments Interface (BHIM-UPI),Aadhaar enabled Payment System(AePS) and National Electronic TollCollection (NETC) – have transformeddigitalpaymentecosystembyincreasingPersontoPerson(P2P)aswellasPersonto Merchant (P2M) payments. At thesametimeexistingpaymentmodessuchas debit cards, credit cards, ImmediatePayment Service (IMPS) and Pre PaidInstruments(PPI) have registeredsubstantial growth. With exponentialgrowth,newpaymentmodeshavealsoemerged as a convenient alternative toexistingpaymentmodeslikedebitcards,creditcards,IMPSandPPI.Forthefirsttime,thenumberofmonthlytransactionsunder BHIM-UPI during Sept 2018surpassed those of any other existingpaymentmode.


Leveraging Ease of Doing Business| With a special focus on IIP & ASI as Tools


PHDChamberincollaborationwiththeEconomics & Statistics Directorate,Dept.ofPlanningorganizedaseminar

on Leveraging Ease of Doing Business(EODB) through Policy & Planning onAugust3,2018atDehradun.Mr. Ranjit K Sinha, (IAS), Secretary

in Charge, Planning while chairing theinauguralsessionstatedthatitisimportantto understand the complexities involvedand thecooperation required forenablingEODB.Dr.S.Farooq,HimalayaDrugsCo.and

Mr. S.P. Kochhar, Chairman, UttarakhandStateChapter,PHDChamber representedtheindustry.Mr.KochharstatedthatgivenEODB measures, business reforms aremost important for the economy to becompetitive.Chief Guest, Dr. Manoj Pant, Chief

Coordinator for Planning in his key noteaddressstatedthattheIndexof Industrialproduction (IIP) and Annual Surveyof Industry Data (ASI) are importantexercises conducted by the Directorateof Economics andStatistics tomake thegovernmenttakedecisionswithregardtopolicyandplanning.Esteemed Guest, Mr. Abhijeet

Sinha, the Country Head from ASSARNETWORKSthrewlightontheimportanceofinformationexchangebetweenindustryand govt. for enabling EODB and foreffectivepolicy&planningprocesswhichisvitalfortheindustry’sbenefits.Mr.SudhirNautiyal,Director, Industry

statedthatwith InformationTechnology ithasbecomeeasyforregulatorstoeasethe

environmentforitssubjects.Heinformedthe industry to use thewebportalwww.investuttarakhand.com which is enabledformostoftheservices.Mr.SushilKumar,Director,Economics

andStatisticsDirectorateappealed to theindustry to cooperate to eliminate theerrorsofdatacollection.Mr.RajeshKumar,DyDirectorGeneral

ofNationalSampleSurveyOffice(NSSO)statedthatthedatarequiredfromindustrycanbeuploadeddirectlybytheindustryonwebportal,whichisalmost20%ofthatIIP

needsand100%ofthatASIneeds.Mr. Anil Taneja, Regional Director,

PHDCCI stated that the initiative of PHDChamber is to make the stakeholdersawareofthestatusofEODBmeasures.The panelists from Directorate of

Economics and Statistics focused onmaking the audience aware on theprocesses followed by the Departmentforprovidingvital information for theuseby regulators for policy and planningdecisions and enabling Ease of DoingBusinessenvironment.

PM awarded the 2018 Seoul Peace Prize The Seoul Peace Prize Committee has decided to confer the 2018 SeoulPeacePrizeonPrimeMinister,NarendraModi, in recognitionofhisdedicationto improving international cooperation, raising global economic growth,accelerating the Human Development of the people of India by fosteringeconomicgrowth in theworld’s fastestgrowing largeeconomyand furtheringthe development of democracy through anti-corruption and social integrationefforts. TheAwardCommittee recognizedPrimeMinisterModi’s contributionsto the growth of the Indian and global economies, crediting ‘Modinomics’ forreducing social and economic disparity between the rich and the poor. TheCommittee also credited Prime Minister for his contribution towards regionalandglobalpeace throughaproactive foreignpolicywithcountriesaround theworld under the ‘Modi Doctrine’ and the ‘Act East Policy.’ The award will bepresentedby theSeoulPeacePrizeFoundationatamutuallyconvenient time.

TheSeoulPeacePrizewasestablishedin1990tocommemoratethesuccessofthe24thOlympicGamesheldinSeoul,RepublicofKorea–aneventinwhich160nationsfromacrosstheworldtookpart,creatingharmonyandfriendshipandaworldwideatmosphereofpeaceandreconciliation.TheSeoulPeacePrizewasestablishedtocrystallizetheKoreanpeople’syearningforpeaceontheKoreanPeninsulaandintherestoftheworld.TheSeoulPeacePrizehasbeenawardedbienniallytothoseindividualswhohavemadetheirmarkthroughcontributionstotheharmonyofmankind,reconciliationbetweennationsandtoworldpeace.




Round Table on Agri Horti Sector for Cluster based Value Chain Development


TheUttarakhandStateChapterofPHDChamberorganizedaroundtableonAgri Horti sector on September 4,

2018atDehradun.Mr. Anil Taneja, Regional Director,

PHDCCI stated that the program is aninitiative to work closely with the Govt.of Uttarakhand to enable a cluster basedvalue chain development in the MAP &NTFPsectors.Mr. Madan Varshney, Chairman, Agri

Committee of Uttarakhand State ChapterofPHDChamberdiscussed interventionsrequired from various agencies like CAP,ForestCorporation,HRDI,MedicinalPlantBoard, Horticulture Directorate, NABARD

& UCOST to enable the value chaindevelopment process, so that investorscanbeattractedtoexploitthetruepotentialofthestate’sproduceandenableinclusivegrowth. He stated that we are trying tocreate a platform to reinforce investmentopportunities.Mr. S.P. Kochhar, Chairman, PHDCCI

Uttarakhand stated that these type ofinitiativesaremeanttobenefitourstatebyproviding an opportunity to tap value-ledpropositionsforsustainedgrowthofagri-hortisectorinthestate.Dr.RajendraDobhal,DirectorGeneral,

UCOST stated that more meetings are

requiredtoencourageinvestorstointeractandsynergizewithvariousagenciesofthegovt.andindustry.Other experts included Dr. Nipendra

Chauhan, Director, Centre for AromaticsPlantation&CEO-MedicinalPlantBoardoftheState,Mr.K.M.Rao,GM,UttarakhandForest Dev. Corp., Mr. Kumaraswamy,KS, DGM, NABARD,Mr. R.C. Srivastava,Director,Horticulture,Dr.AjitNigamfromUPES, Mr. Nitesh Kaushik, Co-chairman,Start-up, Task Force of PHD ChamberUttarakhand, Mr. Atul Kumar, MD & Dr.MohanKohli fromHumanettics India andDr.BrijMohanSharmafromSPECS.

Digital India: Digital Uttarakhand Opportunities, Challenges & Sharing of Best practices


PHDChamberorganizedaroundtableon “Digital India:DigitalUttarakhandon August 30, 2018 at Dehradun

with a special focus on addressing thechallengesintheevolvingenvironmentofE-GovernanceandICTenabledMSMEs.Ms. Merike Kaeo, US Embassy was

thekeyguestwhileMs.CatherineFischer,Public Diplomacy Officer, North IndiaOffice, U.S. Embassy was the guest ofhonour.Others included Mr. S.P. Kochhar,

Chairman, Uttarakhand; Mr. VijendraChauhan, Chairman, Task Force on ICT,UttarakhandandMr.AnilTaneja,RegionalDirector,PHDChamber.


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INTERFACE

Meeting with Hon’ble Minister of Civil Aviation

APHDChamberdelegationledbyMr.D.K.Aggarwal,Sr. Vice President and comprising ofMr. SanjayAggarwal, Vice President, Dr Mahesh Y Reddy,SecretaryGeneral,Mr.K.N.RaoandMr.RajanMehra,SeniorMember,CivilAviationCommittee,Mr.YogeshSrivastav,PrincipalDirector,Ms.BhavnaSingh,JointSecretary andMs. Kruttika, Assistant SecretarymetDr. SureshPrabhu,Hon’bleMinister ofCivil AviationonOctober17,2018atNewDelhi.Themeetingwasto invite him as the Special Guest for the inauguralsessionofthe‘4thAirCargoSummit-2018’scheduledforNovember20,2018atPHDHouse,NewDelhi.

Meeting with President of India

A PHDChamberdelegation ledbyMr.AnilKhaitan,President along with Women EntrepreneurMembersmetMr.RamNathKovindHon’blePresidentofIndiaonSeptember18,2018atRashtrapatiBhavan,New Delhi. PHD Chamber presented to the Hon’blePresidenta17pointMemorandumofinitiativeswhichwould be undertaken by the Women EntrepreneurCommittee.TheHon’blePresidenturged thewomenentrepreneurstomarchaheadwiththemotto‘OnwardandUpward’breakingshacklesofthemaledominatedsocietyandcarvingtheirownnicheinthesocietyandfaceallthechallengeswithgritandconvertthemintoopportunities.

Meeting with Chief Minister, Chhattisgarh

APHD Chamber delegation led by Mr. Anil Khaitan,PresidentandcomprisingofH.E.Mr.RaduOctavianDobre, Hon’ble Ambassador, Embassy of Romania,Mr. Veenu Jain, Chairman, Chhattisgarh Committee,Mr. Shashank Rastogi, Co-chairman,Mr. Rajan Sehgal,Co-chairman,TourismCommittee,DrMaheshYReddy,Secretary General-Designate, Mr. Yogesh Shrivastav,PrincipalDirectormetDr.RamanSingh,ChiefMinisterofChhattisgarhonSeptember11,2018atCMHouse,CivilLines, Raipur. Themeetingwas to apprise theMinisterabout PHD Chamber’s Chhattisgarh Chapter workingonproprietysectorsof theState i.e.Tourism, IndustrialInvestment,GST,B2G,RoadShows,etc.

Meeting with Minister of State (IC) for Power and New & Renewable Energy

APHDChamberdelegation ledbyMr.RajeevTalwar,President and comprising of Mr. D.K. Aggarwal,Senior Vice President, Mr. Sanjay Aggarwal, VicePresident,DrMaheshYReddy,SecretaryGeneral,Mr.SanjeevGupta,Chairman,Renewable&AlternateEnergyCommittee and Dr. Ranjeet Mehta, Principal DirectormetMr. R.K. Singh, Hon’bleMinister of State (IC) forPower and New&Renewable Energy on October 23,2018atNewDelhi.ThemeetingwastoinvitehimastheChiefGuestfortheconferenceon‘TransformingUrbanMobilityinIndia&RoleofElectricVehicles’scheduledforNovember29,2018atPHDHouse,NewDelhi.


Meeting with Secretary, Ministry of Civil Aviation

APHDChamberdelegation ledbyMr.RajeevTalwar,PresidentandcomprisingofMr.D.K.Aggarwal,Sr.

VicePresident,DrMaheshYReddy,SecretaryGeneral,Mr. Yogesh Srivastav, Principal Director, Ms. BhavnaSingh, Joint Secretary and Ms. Kruttika, AssistantSecretarymetMr.RajivNayanChoubey,IAS,Secretary,MinistryofCivilAviationonOctober18,2018atNewDelhi. Themeetingwas to invite him as the Guest ofHonour for the inaugural session of the 4th PHD AirCargoSummit-2018scheduledforNovember20,2018atPHDHouse,NewDelhi.

Meeting with Minister, Department of Animal Husbandry, Fisheries & Dairy Development, Govt. of Punjab

A PHDChamberdelegationledbyMr.R.S.Sachdeva,Chairman,PunjabStateChaptermetMr.BalbirSinghSidhu,Hon’bleMinister,DepartmentofAnimalHusbandry,Fisheries&DairyDevelopment,GovernmentofPunjabonSeptember26,2018atChandigarh.

Meeting with Minister, Department of Commerce & Industries and Public Enterprises, Commercial Taxes, Urban Administration and Development, Govt. of Chhattisgarh

A PHDChamber delegation led byMr. Anil Khaitan, Presidentand comprising of H.E. Mr. Radu Octavian Dobre, Hon’bleAmbassador, Embassy of Romania,Mr. Veenu Jain, Chairman,Chhattisgarh Committee, Mr. Shashank Rastogi, Co-chairman,Mr.RajanSehgal,Co-chairman,TourismCommittee,DrMaheshYReddy,SecretaryGeneral-DesignateandMr.YogeshShrivastav,Principal Director met Mr. Amar Agrawal, Minister, Departmentof Commerce& Industries and Public Enterprises, CommercialTaxes, Urban Administration and Development, Government ofChhattisgarhonSeptember11,2018atShankarNagar,Raipur.

Themeetingwas toapprise theMinisteraboutPHDChamber’sChhattisgarh Chapterworking on propriety sectors of the Statei.e.Tourism,IndustrialInvestment,GST,B2G,RoadShows,etc.

Meeting with Speaker of J&K Assembly

APHDChamberdelegationledbyMr.AnilKhaitan,PresidentandcomprisingofMr.VikrantKuthiala,Chairman, JammuChapter,Mr.RakeshWazir andMr. Kuldeep Gupta Co-chairman, Jammu Chapter,DrMahesh YReddy, SecretaryGeneral DesignateandMr.RohitKumar,DirectorStatesmetDr.NirmalSingh, Hon’ble Speaker of J&K Assembly onSeptember13,2018atJammuanddiscussedawiderangeofissuesincludingdevelopmentalprojectsofJammuandfutureinvestmentpossibilitiesinJ&K.


INTERFACE

Meeting with Additional Secretary (Banking), Department of Financial Services, Ministry of Finance

APHD Chamber delegation led by Mr. VipulMaheshwari,Chairman,CorporateAffairsCommitteealong with the Secretariat team met Mr. Ravi Mital,AdditionalSecretary(Banking),DepartmentofFinancialServices,MinistryofFinanceonSeptember26,2018atNewDelhi.

Meeting with Chairman, Telecom Regulatory Authority of India

A PHDChamberdelegationledbyMr.SandeepAggarwal,Chairman,TelecomCommitteeandcomprisingofMr.SaurabhSanyal,SecretaryGeneral,DrMaheshYReddy,SecretaryGeneral –Designate,Mr. Ajay Sharma, SeniorDirector,Ms. Vishakha Sehgal, Head- Strategic Initiative,RelianceJioandMr.BinnyGeorge,DGM,SamsungIndiamet Mr. R. S. Sharma, Chairman, Telecom RegulatoryAuthority of India on September 25, 2018 at NewDelhi. During the meeting, the delegation presented therecommendationsontheDigitalIndiaprogrammewiththevision2025.

Meeting with Chairman, Airports Economic Regulatory Authority of India (AERA)

APHDChamberdelegationledbyMr.D.K.Aggarwal,Sr. Vice President and comprising of Mr. SanjayAggarwal,VicePresident,DrMaheshYReddy,SecretaryGeneral, Mr. K.N. Rao & Mr. Rajan Mehra, SeniorMember, PHD Civil Aviation Committee, Mr. YogeshSrivastav, Principal Director, Ms. Bhavna Singh, JointSecretary and Ms. Kruttika, Assistant Secretary metMr.S.Machendranathan,Chairman,AirportsEconomicRegulatory Authority of India (AERA) on October 17,2018atNewDelhi. Themeetingwas to invite himasSpecialGuestfortheinauguralsessionon‘4thAirCargoSummit-2018’ scheduled for November 20, 2018 atPHDHouse,NewDelhi.

Meeting with Chairman, Airports Authority of India

APHD Chamber delegation led by Mr. K. N. Rao,Chairman, PHD Civil Aviation Committee, Mr.YogeshSrivastav,PrincipalDirector andMs.BhavnaSingh,JointSecretarymetMr.GuruprasadMohapatra,IAS, Chairman, Airports Authority of India (AAI) onOctober24,2018atNewDelhi.ThemeetingwastoinvitehimastheGuestofHonourforthe4thPHDAirCargo Summit-2018 scheduled for November 20,2018atPHDHouse,NewDelhi.


Meeting with Chief Field Officer, UNICEF, MP

APHD Chamber delegation led by Mr. PradeepKarambelkar,Co-chairman,MPCommittee,Mr.R.G.Dwivedi,RegionalDirectorandMr.SachinShrivastava,Sr.ResidentOfficermetMr.MichaelStevenJuma,ChiefField Officer, UNICEF,MP on October 18, 2018 at hisoffice in Bhopal. In themeeting, itwas proposed thatPHD Chamber should work jointly in programmes ofUNICEFinMadhyaPradesh.

Meeting with Chief General Manager, NABARD

APHD Chamber delegation led by Mr. PradeepKarambelkar, Co-chairman, MP Chapter alongwithMr.R.G.Dwivedi,RegionalDirector,MPandMr.AnirudhDubey,SeniorResidentOfficer,MPmetMr.SKBansal,ChiefGeneralManager,NABARDonOctober15,2018atNABARDBhopal.Themeetingdiscussedthe various activities of the Chamber and its futureassociationwithNABARD.

Meeting with Managing Director, Chhattisgarh State Industrial Development Corporation, Raipur

APHD Chamber delegation led by Mr. ShashankRastogi, Co-chairman, Chhattisgarh Chapter andMr. Sumit Dubey, Resident Director met Mr. ArunPrasad P, IFS,Managing Director, Chhattisgarh StateIndustrialDevelopmentCorporation,RaipuronOctober17, 2018 at Raipur to discuss PHD Chamber’sactivitiesinthestate.

Meeting with Ambassador of Czech Republic

APHD Chamber delegation led Mr. S P Kocchar,Chairman, Uttarakhand along with Mr. VirendraKalra, Co-chairman, Mr. Vijendra Chauhan, Chairman,Task Force on ICT - Uttarakhand, Dr. Vivek Joshi,Advisor,AgriHelpdesk,Mr.NitishKaushikandMr.AnilTaneja,RegionalDirectormetH.E.Mr.MilanHovorka,AmbassadorofCzechRepubliconOctober5,2018atDehradun.ThemeetingwastostrengthenCzech’stradetieswiththestateofUttarakhand.

Meeting with KCMG, British High Commissioner to India

A PHD Chamber delegation led by Mr. RajeevTalwar, President along with Mr. Vikram Gera,Member, Mr. Rajan Sehgal, Member, Mr. KishoreKaya, Member & Chairman, Welcom Hotel TheSavoy,Mussorie,Mr.VineetAgarwal,CEO,WelcomHotelTheSavoy,MussorieandMr.YogeshSrivastav,Principal Director met H.E. Sir Dominic Asquith,KCMG,HighCommissioner,BritishHighCommissiononOctober10,2018atNewDelhi.Mr.TalwarinvitedhimtoaddressthemembersonthepotentialofIndia-UKtradeandeconomiccooperation.


HORIZONS

Insurance Industry is at itsinflection point and is growingyear on year. The growth trendis expected to continue in thecoming years. The optimism onthe growth opportunities is alsobased on the premise that as thewealth accumulation in India interms of salary and investmentincomes increases, the demandfor protection of their prizedpossessions like vehicle or homeorgadgetsortheirownhealthandwellness, will correspondinglyincrease. Due to improvedaccessibilityofhealthcarefacilitiescoupled with the Government ofIndia’s thrust on health insuranceschemes, health insurance canbecomeabiggrowthdriver in thecomingyears. However, some of the major

challenges that the industry isgrappling with is distributionand low awareness. A few of theflagship distributional channelslikeAgencyforce,Bancassurance,Brokers etc. are strong inmetrosand mini-metros. New channelslike InsuranceMarketing Firms orthe Common Service Centres arestill evolving and will take sometime to reach remote places inthe rural areas.The riseofDigitalIndia and deeper penetrationof broadband networks will bea springboard for the onlinechannels.Theemergenceofsuchnew channels can significantly

help in increasing the distributionstrengthforinsurers.Low awareness of non-life

insurancecontinuestobeamajorhindrance in increasing insurancepenetration levels. Of late, theRegulator has initiated awarenesscampaigns and equally matchedbyseveral insuranceplayers.Lastyear,IFFCOTokiohadlaunchedanawarenesscampaignemphasizingon“Ek Bima Hona Chahiye”.

Floods in Kerala – IFFCO Tokio’s Vision and Values in ActionWe started the year with a

predictionofgoodmonsoonacrossIndiawhichauguredwell not onlyfor the industry but also boostedthevitaleconomicindicators.Butas they say, toomuch of a goodthingisnotagoodthing.

Tragedy struck Kerala inthe month of August followingunprecedented rains which led toflash floodsand landslidesacrossthestate.Afterthefirstlevel,reliefmeasuresweretakenbytheNDRF,ArmyandtheNGOs,bringingsomerelief to theaffectedpeople.Manyof them lost their homes, prizedpossessionsandsome their lives.It is in such moments that theinsurance industry has to rise totheoccasionandplayitsduerole.IFFCO Tokio true to its vision

of putting customer first, a taskforceheadedbyExecutiveDirector(Claims) was set along with a24x7 call centre to enable peopleto register their claims. Oncethe floods started receding, ateam comprising of people fromother locations including “flood

IFFCO TokioPuts Its Vision In Action


claim” experts, proactively visitedcustomers’ residences to registerclaims. Even though some of ouremployees were affected, theyreached the office and true tothe company values, started theclaims assessment process.Wereleased on-account paymentswherever possible and initiatedon-the spot settlements for smallclaims. The objective was tohelp customers get back to theirnormal life as soon as possible.Nearly1000claimswerereportedwith 80% of claims being settledand the rest were provided on-account payments. IFFCO Tokio’spromptnessinsettlingclaimswasappreciated by customers andpartners.IFFCOTokioliveduptoitsvisionofbeing the industry leaderby building customer satisfactionthroughfairness,transparencyandquickresponse.

Regulatory ChangesRecently, the industry had to

struggle with a lot of regulatorychanges subsequent to the SCrulings.There’snodenialthattheseare in the consumer’s interest.One of them was the mandatoryPUC certificate for renewal of carinsurance.Thesecond rulingwasthe multi-year cover for cars andtwo wheelers. IRDAI had issued

guidelinestoall insurerstolauncha product for 3-year cover forcars and 5 -year cover for two-wheelers. This can be either acombined cover forOwnDamageandThird-PartyCoverorone-yearODpartandmulti-yearforcarsandtwo-wheelers. With a liberalisedproduct approval process, almostall insurers launched thesecoversfrom 1st September onwards.The third ruling was the recentone – increasing the capital suminsuredofthePAcoverforowner-driver to Rs.15,00,000 from theexisting limit of Rs. 2,00,000/- &Rs.1,00,000/- for Private Car /CommercialVehicle&Two-Wheelerrespectively.Coupleofmonthsago,theRegulatorissuedguidelinesthatmentalillnesshadtobecoveredinhealthinsurance.EarlierinMay2018,theCentral

Government issued a notificationbywhichthescaleofcompensationfor the third party fatal accidentsand injury claims was amended.Under Section 163A of the MVAct,thecompensationfor“nofaultliability” basiswas increased to afixedcompensationofRs.5lakhsasagainsttheearlieramountofRs.50,000orcompensationbasedonastructuredformulasystem.Thismay not have a direct impact on

the premium paid by customersbut insurers have to set aside ahigherreserveamounttotakeintoaccountthehighercompensation.

Second Half – Action timeWearenowinthesecondhalfof

thefinancialyearandallcorporatesintheFMCGorconsumerdurablessectorwillbeinahyperactivemode.Withthefestivalseasonkickingin,consumption will be at its peakand the happiness quotient alsowillalsobehigh.IFFCOTokioaimsto be at the forefront in ensuringour customer’s happiness byadequately protecting their newlyacquired possessions like cars,homes,gadgetsortheirhealth.

Warm festival greetings to all readers.

Note: Views shared in the article are purely those of the author. [A Business Development Initiative, PHD Chamber of Commerce and Industry]

WarendraSinhaManaging Director and CEO,

IFFCO-TOKIO General Insurance Co Ltd.

Most Policyholder and Broker Friendly Insurer Award – 2017, ranks IFFCO Tokio General Insurance Company Ltd. at number TwoIFFCO-TokioGeneralInsuranceCoLtd.hasbeenranked2ndundertheLarge

Private Sector General Insurer Category in the Broker Friendly Insurer SurveyconductedbyInsuranceBrokersAssociationofIndia.Further,itisaTopQuartileperformeramongallinsurersacrosscategories.Thissurveytookintoaccountopinionsofover150insurancebrokersacross

thefollowingcriteria-ClaimsandGrievanceHandling,QualityofPolicyPlacement,DomainExpertiseandBrokerOrientedDistribution.Mr. Warendra Sinha, Managing Director and CEO, IFFCO-TOKIO General

Insurancereceivedtheawardon24thJanuary2018atHyderabad.


KNOW YOUR AMBASSADORH.E. Mr. Moe Kyaw AungAMBASSADOROFMYANMARTOINDIA

Q1. Please briefly tell us about your personal life & career.I joined Myanmar’s Foreign Ministry

in the year 1990 and till date have heldmany portfolios including posting in theUnitedStatesasthirdsecretaryduringmyearlyyearsandintheofficeoftheHon’blePresident of Myanmar. Before comingto India I was the Deputy Chief of theMissioninKualaLumpur,Malaysia.SinceNovember2017havebeenpostedinIndiaastheAmbassadorofMyanmarandalsoconcurrenttoBhutanandIran.Mywife is also a seasoned diplomat

whoispresentlyaccompanyingmeinmycurrent posting. I am blessed with twodaughterswhoarepursuing their studiesinthefieldsofMedicineandIT.Q2. What are your hobbies other than business areas of interest? Myhobbiesotherthanbusinessareas

ofinterestarereadingandplayinggolf.Q3. As an immediate neighbour and an old friend, please share your thoughts about India as a country?India is a very interesting country

which shares her border and culturewith Myanmar. We both were under theBritish rule together and Myanmar wasalso a founding member of Non AlignedMovement(NAM).Buddhismisthemajorreligion in Myanmar and India is the

birth place of Lord Buddha which linksour people to Indians. Indian cuisinesare readily available in Myanmar whichshowsthefondness,popularityandscopefor our involvement with each other. Ineconomicterms,IndiaisaveryimportanttradingpartnerforMyanmarbuttherearetremendousopportunitiesforustogrowineveryaspect.Q4. What is that you like the most about being an Ambassador to India and what as per you could be done away with ?I like the most about being an

Ambassador to India is learning moreabout India and making a lot of Indianfriends.Wearecurrently inan interestingtime in the bilateral relationship betweenIndia and Myanmar. Our priorities areto promote bilateral trade relations,investment,connectivity,peopletopeoplecontactsandculturalrelations.Iwouldliketoenhancethetourismsectorbyextendingair connectivity. As you may be aware,althoughweareimmediateneighbors,thetravelexpensesbetweentwocountriesarestilltoohighforus.HightravelcostisthethingIwishtodoawaywithit.Q5. How would you describe the Indo-Myanmar trade relations?As already told, India is a very

prominent trading partner of Myanmarbutthefullpotential isstill toberealised.There are projects like the Kaladan

Multimodal Project and India-Myanmar-ThailandTrilateralHighwaythatareboundto spur up our trade volumes andwouldbespecificallyverybeneficialtotheNorthEasternstatesof India.With this trilateralhighway,IndiacanconnecttoThailandviaMyanmar.Also,underthenewGovernmentregimeinMyanmar,weareinvitingalotofinvestmentsandweexpectIndiatomakethebestoutofitformutualgains.Q6. According to you what are the high potential sectors between India and Myanmar for increasing bilateral trade & investments? Myanmar is less populous and is a

food surplus country and we also havegood arable lands along with irrigationfacilities which make a good platformforus toexport food to Indiaand importindustrial products that would help us inindustrialization. We require value addedindustries,technologytransfer,etc,whereIndiacouldteachusalot.Healthcare is one more promising

sector. Lotsof our patients visit India fororgan transplants particularly liver andkidney. India’s assistance in this sectorwouldhelpsavingalotoflives.Education is also a promising sector.

Back in 1920 the University of RangoonwasaffiliatedtotheUniversityofKolkata.Wehopetoseemoreengagementsinthisimportantsector.

KNOW YOUR AMBASSADOR


Power generation is also a keyarea of our cooperation with India, nowwith Myanmar being a signatory toISA (International Solar Alliance), morewindows of opportunities have openedbetweenus.Q7. What are the key areas wherein you would like to see changes in bringing a higher ease of doing business in India?For attracting new investment,

both foreign and domestic, severalmacroeconomicissuessuchaseconomicstability,buoyancyinfinancialmarketneedto be addressed. To add to this, I wouldlike tosee improvement (Itdoesn’tmeanchanges) in cash refunds on import ofcapital equipment that should be givenwithinayearinsteadofthecurrentsystemof claiming input tax credit to improveease of paying taxes. As for Myanmar,Indiaisthefifthlargesttradingpartnerandeleventh largest investor. I would like toseechangesandimprovementconducivetoeaseofdoingbusiness in theareasoftradeandinvestment.Q8. How are you advocating Cultural Diplomacy in India? How is your mission bringing the people of your country closer to the people of India? The heart of cultural diplomacy is to

promote understanding among people,whocomefromdifferentbackgroundsandholddifferentvalues,throughthemediumofculture.Weseeanewdynamismbeingimparted to age old cultural ties, leadingtoemergenceofcooperationinnewareas,like education, information technology,whichalsofallunderthebroaderdefinitionofculture.Thus,ourEmbassyispromotingCulturalDiplomacybetweentwocountries.As our country has very close culturalrelations with India, we are facilitatingcultural exchange programs to fosterbilateralrelationssuchasFilmfestival,artexhibitionsculturalshowetc.tomakeourpeople know more about Indian culture.We also encourage Myanmar people toparticipateinCulturalEventsinIndia.Q9. People to people connects are considered very important for strengthening bilateral ties and tourism plays an important role in it. What is the current scenario of tourism between the two countries and how is your Embassy promoting Tourism in India?’People-to-people’ contact means

interactionbetweenthenormalcitizensoftwocountriesatvariouslevelswithoutanyofficialinterferenceandguidance.Beyondthat it is thespiritof their interactionandunderstanding which would shape upideas, thoughts and responses. Suchcontacts could be through professional

bodies like the bar councils, traders’chambersandassociations,industrialists’groups,educationalinstitutionsandartists,musicians, singers, film personalities,sportsmen and women, etc. For suchcontacts, they obviously have to obtainproper visas and travel document. OurEmbassy facilitates thesmoothandeasyvisafacilitiestoallIndiacitizens.Wealsofacilitatethee-visaandon-arrivalbusinessvisa for Indians. Tourism between twocountries is very promising at present,more than one lakh ofMyanmar touristsarriving in India to visit the BuddhistLandmark places. There are also somemedical tourists.Thereareover100 touroperators in India for Myanmar tourists.ThenumberofMyanmarTourists in IndiaisincreasinghoweverthenumberofIndiantouristsvisitingMyanmarisstillverysmall.We need to encourage more Indians tovisitMyanmar. Our Embassy encouragesMyanmar tour operators, TourismPromotion Organization to participate inTourism Development Forum and roadshowsinIndiawiththecooperationoftheIndianGovernmentandorganization.Q10. How is Myanmar as a Tourist destination for Indian tourists?Buddhism has always been a

connecting factor between India andMyanmar. Being largely a Buddhistpopulation,alotofourpeoplevisitIndiaforpilgrimage. Varanasi and Kushinagar aresomeofthesoughtaftercitiesforpilgrimsfromMyanmar.Myanmarisaculturallyuniquecountry

witharichheritage.Therearemanyplacesforeco–tourisminMyanmar.MyanmaristheonlycountryinSouthEastAsiatohavesnow cladmountains along with pristinebeaches.ButasadevelopingcountrywerequireinvestmentsandweinviteIndiatobringintheirinvestmentsinthissector.Q11. Which are the most important tourist destinations in your country?Themost famous tourist destinations

are Bagan, Mandalay, Kalaw, Inlay.

However, there are so many yet tobe developed tourist destinations forecotourismandculturaltourism.Q12. In today’s world, G2G, B2B & B2G relations have become very important in establishing bilateral/multilateral relations. According to you, what is at the core requirement of India and your country’s relationship out of these? Also, please tell us how can our business ties be strengthened in the coming few years? Myanmar is the immediate neighbour

of India, so why to look farther. G2G isalready actively present andmost of theprojectsareinfrastructurerelatedwhichisgovernmentbased.Also,therearelinesofcreditavailableforsuchprojects.Myanmar is a small country and at

presentthereisnodirectseaconnectivitybetween India and Myanmar, the routeis via Singapore at present. Thus, directconnectivitywouldprovideabigboosttoourbusinessties.Q13. How would you like to kick start a new set of initiatives with the MSMEs in India through PHD Chamber?ThroughPHDChamber,Iwouldliketo

kickstartanewsetof initiativeswiththeMSMEs in Indiaby facilitating technologyupgradationofMicroandSmallEnterprisesto enhance the competitiveness ofmanufacturingMSMEsacrossinCountry.Q14. Any other thoughts you would want to give to the business community as a whole.Myanmar is one of the fastest growingeconomies in the region and we areimplementing economic reforms. Thereare a lot of opportunities to invest inMyanmar. Although India and Myanmarare close neighbors, there opportunitiesarelargelyunexploitedbyIndianinvestors.AndIamverypleasedtoseealotofIndianInvestor’s interesttoinvest inMyanmar.IwouldliketoasktheprivatesectorinIndiatoincreasetheirfootprintandengagementinMyanmar.


‘MakeinIndia’initiativewaslaunchedonSeptember24,2014across25sectorsin India to facilitate investment, fosterinnovation, enhance skill development,protect intellectual property and makeIndia a manufacturing hub in the world.An analysis of structure of production inIndia in post-independence era revealsthat India became a service economymuch before becoming industrialized, incontrast to what has been suggested inthe conventional economic theory. ThepathbreakingworksofClark-KuznetsandCheneryclearlybringoutthatasacountrymovesondevelopmentpath,therehastobeashiftawayfromagriculturesectortoindustryfirstandfromindustrytoservicessector later.Contrary to thisconventionalwisdomanddespitethepolicyimpetusofthegovernmentofIndiaonindustrialsectorfrom 1948 onwards, this sector did notplayitsrolewell.Thissectorexperiencedphases of deceleration, stagnation andgrowth.TherobustgrowthwasexperiencedbytheindustrialsectorinIndiaonlyonceduring the planning era and that too inthe year1995-96when industrial growthrate reached 12%. But this growth couldnot be sustained. However, the servicessectorhasshownuniformandconsistentgrowth from1980sonwards. In fact, theservices sector showed spectaculardynamism in the decade of 1990s andbecame an engine of growth in case ofIndia. This phenomenon of direct shiftfromagriculturetoservicessectorgrowthskippingthephaseofindustrialgrowthhasbeentermedasthephenomenonof‘leap-frogging’. The sustainability of services-driven growth has been questioned ineconomic literature. The seminalwork ofNicholas Kaldor in 1960s clearly pointedout that the manufacturing is the engineofgrowth.Thepresentgovernment in itselection manifesto had declared in 2014

thattheywanttoconvertIndiainto‘aglobalmanufacturing hub’. Soon after cominginto power, ‘the Make in India’ initiativewas launchedacross25sectorsbyNDAgovernmentandwas latercomplementedby initiatives like Skill India, Digital IndiaandSmartCityMissions.So far as ‘Make in India’ initiative is

concerned, it is having four pillars viz.new processes, new technologies, newinfrastructure and new mindset. Its fourobjectiveswere:• ToopenupIndia’seconomy

• Tomaketradeeasyandsimple

• Toenactintellectualpropertyrightspolicy

• Tocreatemorejobs

Ifwetakeuptheseobjectivesoneafteranotherandtrytoassesswherewehavereached, we realize that the governmenthastriedtocutdownredtapeismbydoingaway with procedural hassles. Secondly,there has been liberalization of overseasinvestmentthresholdsforvarioussectors.For example, FDI up to 100% has beenallowed in hitherto closed areas likeconstruction, coal mining, defence (49%through automatic route), and renewableenergy.TheForeignInvestmentPromotionBoard (FIPB) -a national agency ofGovernment of India, which used toconsider and recommend foreign directinvestment(FDI) thatdidnotcomeunderthe automatic route was abolished on24May 2017 and announcement in thisregardwasmadebytheFinanceMinisterArun Jaitley during 2017-2018 budgetspeech in Lok Sabha. The governmenthas been trying to simplify proceduresand promote ease of doing business inIndia. The forms which were required tostart abusinesshavebeen reduced.The

time taken for obtaining environmentalclearance has been reduced from 600daysearlierto190daysnow.Therewere239 public utility projects like mining,airports, ports, defense projects worthRs 500,000 crores having a potential of1.64lakhjobswhichweregivenclearancefrom May 2014- April 2016. Not onlythis,1159obsolete lawshavebeendoneawaywithinlessthantwoyearswhereassuccessive governments had repealed1301suchlawsin64years.Someofthereasonsforslowdownin2011wereunduebureaucratic hassles, stalling of projectsandpolicyparalysis.Thegovernmentoverthepastfouryearshasintroducedseveralreformsto tackle theseproblems. ItgaveRs 16000 crores of bailout packagesto hydro power sector for stalled andstressed projects. The governmentrevived42stalledprojectsworthRs1.15lakh crores. The government is planningspeedy construction of 8 hydroelectricityprojectsinJ&Kwithaninstalledcapacityof 6352MW, if implemented properly. Inaddition,labormarketreformswhichneedspecial mention are: a few EmployeesProvident Fund reforms and the enablingenvironment for work for women thegovernment has been trying to introducethrough increasing the length of paidmaternity leave from 12 to 26 weeksin establishments with greater than 10employees and mandatory provision ofcrèche in establishments having 50 ormoreemployees.Besides,thegovernmenthasbeenworking inaconcertedmannertoeliminatechildlabourfromthecountrythrough amendment to the Child LabourAct in 2017 and by ratifying two ILOConventions viz. ILO convention 138,whichsetsminimumageforadmissiontoemployment and Convention 182, whichpenalizesandprohibits theworst formofchildlabour.

EXPRESSIONS

Dr. Seema Joshi, Associate Professor of Economics, Dept. of Commerce, Kirori Mal College

‘Make in India’: The Lion continuously on move


Becauseofthestructuralandeconomicreforms of the present governmentinternational credit rating agencies likeMoody’supgradedIndia’ssovereignratingforthefirsttimein14Yearsin2017,gaveit Baa2 rating (stable). India remained atopmostdestinationforgreenfieldcapitalinvestment-even ahead of China andUS.AsperUNCTADReport(2018),Indiawasthe10th largest recipientofglobal FDI in2017.AsperA.TKearneyFDIconfidenceindex2018,Indiaishaving11thRank.FDIinflowsincreasedfromUS$36Billion inFY 2014 to $62 billion in FY 2018. IndiabecameWorld’ssixthlargesteconomyat$2.6trillionbydisplacingFrancein2017.In the year 2014wewere ranked 142ndout of 190 countries in case of WorldBank’s,EaseofDoingBusinessIndicators.In just four years we are 42 notches upat 100th rank out of 140 countries. Thishappened for the first time. This indeedisacommendableachievement for India.Studies reveal that economies havingbetterregulationstendtocreatemorejobopportunities.SinceIndiaisaspiringtobeamongst theWorld’s first50countries innext2-3years in termsof easeofdoingbusiness, it requires more economicand structural reforms and their effectiveimplementationforcreationofmorejobs.The implementation of stalled projectsin power sector and by allowing 100 %FDI in renewable energy and through theIntegratedPowerDevelopmentSchemeandDeenDayalUpadhyayaGramJyotiYojana,massivetransformationofpowersectorinIndiaisunderway.ItisexpectedthatIndiawill attract a substantial investment ofRs.11,55,652crores inpowergenerationsector by 2022 in setting up projects inthermal, hydro, nuclear and renewablesegment.Thegovernmenthasbeentryingtoempowerbanksthroughmeasureslikeconsolidation of banks, implementationof InsolvencyandBankruptcycode2016andFugitiveEconomicOffendersAct2018to resolve stressed loans (banks’ non-performing assets) by speeding up thelegalprocess.OneofthemajorindirecttaxreformsintroducedinIndiasince1935istheimplementationofGoodsandServicesTaxwhichisgoingtobeagamechangerforIndia.Theimprovementingovernancethrough initiatives like introducingCitizen –centric governance through MyGovernmentplatform,throughdirectbanktransferofsubsidiesorthroughJAM(JanDhan–Aadhar–Mobile) trinityor throughimplementation of GST or the digitalplatformsarebecomingvisibleandwillbemorevisibleintimestocome.National Intellectual Property

Rights Policy has been put in place

in 2016 to ensure compliance to theDoha Development Round and TRIPSAgreement.Itaimsatcreatinga“CreativeIndia; Innovative India” which is soessential for boosting and sustaininggrowth of the country. The birth of 4startups inaday in India isan indicationofinnovationsculturebeingcreatedinthecountry through schemes like ‘Start Up’and‘StandUpIndia’. Indiaishavingthirdhighest numbers of startups, incubatorsand accelerators. We are also havingsecondlargeststartupeco-systemintheworld.Indiaishaving57thrankoutof130countries in terms of Global InnovationIndex2018.Weare3ranksup.Lastbutnottheleast,theaimofmake

inIndiainitiativewastocreatemorejobs.Asperoneestimate,15millionjobshavebeencreatedin2017.Iftheinfrastructuralprojects likeBharatMalaandSagarMalaare implemented effectively they will notonly create huge employment but willalsoboostexportsfromIndia.TheBharatMala Road project under which 83,000KMroads,highways,expresswaysare tobebuiltby2022isexpectedtocreate22million jobs. The Sagarmala Programmeis a strategic Rs. 8.5 trillion investmentinitiative of the Government of Indiaentailing setting up of new mega ports,modernization of India’s existing ports,development of 14 Coastal EmploymentZones (CEZs) and Coastal EmploymentUnits, enhancement of port connectivityviaroad,rail,multi-modal logisticsparks,pipelines & waterways and promotecoastalcommunitydevelopment,resultingin boosting merchandise exports byUS$110billion,andgenerationofaround

10,000,000directandindirectjobs.Tosumup,thestrengthareasofIndia

during this four-year period are steadyGDPgrowth,lowinflation,easingoffiscaldeficit(4.4%inFY2013and3.5%ofGDPin FY 2018) and recovery in industrialproduction(from4% in2014-15 to4.6%in 2016-17). It is obvious that businessconfidence, consumers’ confidence andthatofratingagenciesconfidenceinIndiais up now. What we have to observe ishow these reforms will be executed inthe times tocome. Inaddition, there isaneedformorereformsinlandacquisitioni.e. for startingabusiness, legal reformsfor enforcement of contracts and dealingwith construction permits in India.Besides, more labour market reformslike amendment in Industrial DisputesAct, Legislative reforms of EPF andimplementationofLabourCodeareamustnow.ThereisaneedtobringdownpowertarifffromRs8perunitwhichisamongsthighestintheworld.Thereisalsoanurgentneed to leverage roadways, railways andwaterways to bring down logistic costsdown from 14% to 8% (as is in China)tomakeourproductsexportcompetitive.The introduction ofmore reformswill bekey tospurgrowthand investment in theeconomy.Indiawillhavetofocusmoreonimprovingdoingbusinessindicatorsatthestate level too. After looking at pre 2014scenarioandreformsintroducedthereafterto pushup industrial growthone can tellforsurethatthelionhastakensomesmallsteps and somebig ones during the lastfour years. There is enough evidence toconclude that the lion is continuously onthemove.


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Agroup of employees when workingtogether towards accomplishingthe goals of the organization, they

becomea team. Inanorganization, teambuilding isanessential factorforbuildingastrongworkforce.Whentheemployeeswork as a team, they are aware of eachothersstrengthsandweaknessesandtheycollectively work towards achieving thegoalsoftheorganization.Each organization has various teams

for various taskswhichmakes achievinggoals easier. In today’s business andcorporate world, team building hasemergedasanimportantelementbecauseitgetsworkdone inaquickerandbetterway.

Importance of team building-Boosts individual performances:Team building works as a booster

for individual performance and improvesproductivitybecauseinateam,individualsstrive to be better and prove themselveswhichleadstoahealthycompetition.

Motivates employees:Team building is a good way to

motivate employees to do their best atwork. When employees work together,theyaremotivatedtodobetterinthelongrun.

Gives various perspectives:Team building gives scope for

analyzing different perspectives asdifferent minds come together to workfor a single goal. It also gives space forcreativityand innovationwhich isagreatassettoanorganization.

EXPRESSIONS

Why organizationsshould invest in

Sense of responsibility:Team building inculcates a sense of

responsibility in every individual becauseinateam,eachmemberfeelsresponsiblefor theentire teamandhence theyput inmoreeffortsforabetteroutcome.

Ways to build an effective team-Break the ice:For building an efficient team, it is

importantforeachmembertounderstandthe others and know themwell. For this,it is essential to break the ice betweenemployees by various activities and funsessionswhere they are given a chanceto recognize each others strengths andweaknesses.

Team building activities:A good way to build a team is to

engagetheemployeesinvariousactivitieswhich requires them to work together.

Throughthistheylearntoworkinharmonywitheachotheranddeveloptrust.

Fun sessions:Anothergoodwaytobuildagoodteam

istoinvolvetheminfunsessionsbeyondworkwhere theydon’t havework relatedstresslikefunFridaysorWednesdaypizzanights. There can also be sessions likemotivational talkswhichtheteamattendstogetherorothersessionswheretheycanbondwell.

Conclusion-Team building has always generated

better results than non-bounded groupsbecauseitdevelopsasenseofbelongingand friendship between the members ofthegroupwhichmotivatestheemployeesto be more productive. Team building isconsidered to be a great asset for anyorganizationandhenceitisstresseduponintoday’scompetitivescenario.

TEAM BUILDING?Himanshu Talwar, Consultant


Institutional Arbitration:Urgent Actions to PopulariseDr. Saraswat SB, Arbitrator

Arbitration is considered as one ofthe best mode of alternate disputeresolution except for the disputes

which have been specifically excludedfromthescopeofarbitration. Having said the above, arbitration

in general and institutional arbitrator inspecific has still not taken-off properly.ICC Singapore, Malaysia, France,Switzerland and LCA, London are fewglaring examples of excellent institutionalarbitrationforumsandareknownfortheirexcellent performance and arbitrationawards.ManyIndiandisputantsaregoingto these centers for resolution of theirdisputes.Theaforesaidscenarioposesaseriouschallenge to the Indianarbitrationinstitution – which should try to get thedisputant back by reposing their trust inthem. These institutes should strive todeliverjusticethrougharbitrationinamosttransparent manner and through mostcompetentarbitrators.Inspiteofknowingalltheadvantages

ofinstitutionalarbitration,Indiandisputantsare still preferring ad-hoc arbitration.This situation automatically brings fewquestions inmind,someofwhichareasfollows:• Arearbitration institutesprofessionallymanaged?

• Doarbitrationinstituteshaveadequateno. of arbitrators who are qualified/trained/ experienced/ capable andare endowed with different domainknowledge?

• Doarbitrationinstituteshaveadequateresources toorganizemulti arbitrationatanygiventime?

• Do arbitration institutes haveadequate experienced secretarial andadministrative support facilities andinfrastructure?

• Do arbitration institutes have widerreachindifferentpartsofIndia?

Considering the need to encourageinstitutional arbitration, Government ofIndia has taken initiatives to boost theinstitutional arbitration vis-à-vis ad-hocarbitration. Lok Sabha (the House of thePeople) has passed the Arbitration andConciliation (Amendment) Bill 2018 withthe aim to further improve the arbitrationregime,particularlyinstitutionalarbitration,inIndia.TheBillispremisedontheReportof the High Level Committee chaired byJusticeB.N.SriKrishna(Committee).TheproposedBillclarifiesthattheobjectiveoftheamendmentsistopromoteinstitutionalarbitration by creating an independent,statutorybodytogoverntheentireprocessofarbitrationinIndiarightfromthestageofappointmentofarbitrator.TheBill,interalia,proposesthecreationofArbitrationCouncilofIndia(ACI)forgradingandaccreditationof arbitral institutions to promote andencourage arbitration and other alternatedispute resolution mechanisms. TheBill, inter alia, alsoproposes thecreationof Arbitration Council of India (ACI) forgrading and accreditation of arbitralinstitutions to promote and encouragearbitration and other alternate disputeresolutionmechanisms.Inviewoftheabove,itisessentialfor

arbitral institutions toundertake followinginitiatives-• Formulate simple & practical rules/proceduresforconductingarbitration;

• Develop an exhaustive system toempanel experienced and competentwith techno-legal expertise/ domainknowledge for dealing with variousdisputes. The exhaustive systemfor empanelment may consider thefollowing:

• Well-designed applications by theapplicants;

• Exhaustivescrutinyofapplicationsbyacompetent&capablecommittee;

• Presentationonarbitrationissues;

• Performance review, assessment andgradation for future assignment foralreadyempaneledarbitrators;

• Penal actions for default/poorperformance;

• Strict code of conduct for thearbitrators;

• Notmore than twoarbitrationsat anypointoftime;

• Tie-up with the best arbitral institutesoperating abroad for synchronizingandfinetuningtheprocedures,systemand administration of the instituteaccordingly to achieve world classqualityoperationsoftheinstitute;

• Collaborate / link and tie up withlocal universities/ colleges/ institutesto develop & train new generationof arbitrators with various domainknowledge;

• Develop the website of arbitrationinstitutes.

Institute should design a veryinformative and self-explanatory websitecontainingalltheinformationincludingtherules, procedures, empaneled arbitrators,experts, fee structure and feecalculationformula foranydispute, frequentlyaskedquestions,listofvariouskindsoftrainingsprovided with schedule, publications, listof courts verdicts concerning arbitration,contactsandotherfacilitiesavailable.• The website of institute also shouldhaveaveryrobustsystemoftrackingtheprogressofeachandeveryongoingarbitration.

• Websiteoftheinstituteshouldhavethestatusofthevariouscasesincludingthefollowingaspects:

•Thecaseswhichhavebeenchallengedonvariousgrounds;

•Thecaseswhichhavebeenenforced

EXPRESSIONS


•Detailedstatisticsrelatingtocasesoftheinstitute;

• The arbitration institutions shoulddevelopsystemandfacilitiesofonlinearbitration. Necessary secured ITsystems,infrastructureandprocedurestobedevelopedasearlyaspossible;

• Thearbitrationinstitutionsshouldhavecenters located in other major citiesand state capitals tomake its accesseasy for thedisputants located in thatarea;

• Publicationofonlinejournal.

Journals with good articles should bepublished.

• Conduct training, seminar, workshopsoncontinuousbasisforarbitratorsanddisputantsnotonlyatcentersbutalsoatthepremisesoflargecorporatesataveryeconomicalprice;

• Initially institutes must appoint localrepresentatives/resource personswhoshoulddonetworkingand facilitationstobringarbitrationcasestotheInstituteratherthangoingtocourts;

• Arb.Institutesshouldhaveprovisionsofemergencyarbitrationon24hoursbasis alike well-known institutes ofother countries who have adoptedemergencyarbitration;

• The Institutional arbitration should becosteconomicalandcostcompetitive.

The Apex body should rate all theinstitutes of the country on a scientificassessment criterion and should declarefirst, second and third ranks in meritof performance every year which willbring competition among the arbitrationinstitutesofIndia.

Additional initiative by Government of India on institutional arbitrations:

TheGovt.ofIndiashouldalsotakethefollowinginitiatives:• Adviceall centralPSUs,autonomousbodies,ministriesandalldepartmentstoadoptarbitrationasamodeofdisputeresolution before approaching courtsbased on the arbitration agreementclauseinallcontractswithoutfail.

• Ban and remove all ante-arbitrationpolicies and practices which arecontravention to basic notion ofarbitration & conciliation Act-15 andsubsequent amendments whichincludes nominating arbitrators whoareemployeesofPSUs.

Withtheaforesaidapproachandactions,itispossibletodevelopgoodarbitrationinstitutesinIndiaandmakeinstitutionalarbitration a major mode of resolvingthedisputesinIndia.


HOW ALASKA WAS PURCHASED

KRISHANKALRAFORMERSECRETARYGENERAL,

PHDCHAMBER

Ona recent trip to USA and Canada- which included the highlyrecommended Alaska Cruise -

we learnt an amazing fact about the“purchase”ofAlaskabyUSAfromRussia!

WehadflownintoAnchorage-hometo over 50% of the Alaskan population- to begin our south bound ALASKAcruise from Seaward port about 200kms away. Natural beauty of Alaska isbeyond words; and to think that whenWilliamSeaward,USSecretaryofStatewith President Lincoln, negotiated thepurchaseofAlaskafromRussiain1867for $7.2 million (586,400 sq miles ofland @2 cents an acre) it was billed“Seaward’sfolly”!NowtheworldknowsabouttheabundantnaturalresourcesofAlaska,includingit’sfamedSalmon;nottoforgetthemillionsAmericaearnsfrom

tourismtothismostlysnowboundstate.It all began with the flight into

Anchorage. We were lucky to havesunny weather. The last one hour ofthe flight offered immense beauty ofthesnowcoveredmountainsandazureblue sea as well as myriad shades ofthe intervening landscape. AnchoragetoSeawardwasanamazinglybeautifuldrive,ortrainrideifyouareadventurousenough to board the only train at theunearthly hourof06.45!Wellwewerejusttoolazyforthatandinsteadtookataxiatnoon.Withsomebargaining-ahweIndiansaresogoodatit-thisdidn’tmakeabigholeinourpocket.We even got a bonus; an electrical

engineer as driver - who does so toenjoy the incredible landscape once inawhile!

On-boardCelebrityMillennium- thenearly100,000tonnes,twentyyearoldveryelegantshipfromRoyalCarribian-for7nightswithportstopsat Juneau,Skagway,IcyStraitPointandKetchikanand a 2 hour “cruising stop” near thegigantic Hubbard Glacier. The steamtrain to Canadian border at Skagwaychuggingthrusnowclad“white”passes,whalewatchingexcursions,floatplane-littletwinenginebirdthattakesofffromand landsonwater- ride to fjords.......areallexperiencesthatdefywords.Themighty seas, the great icy mountains,glaciers,mistyfjords...thereissomuchtoseeandmarvelatandofcoursethenonstop foodandentertainmenton theboat.Itwasagreatcruise. An American couple we met was

doingitforthe7thtime.

EXPRESSIONS


FLIGHT TESTED

KRISHANKALRAFORMERSECRETARYGENERAL,

PHDCHAMBER

When my sister-in-law returnedfrom her first trip abroad on herown, it turned out to be a real

adventure. How she survived it all tonarrate thestorybackhomewithevidentrelishissomethingthatreallybeatsme.Her first destination was Houston,

Texas in the USA. The first leg, Delhi-Frankfurt,wasuneventful–youcan’treallygoof up on a non-stop flight. She evenboarded the right plane for the secondpart,Frankfurt-Houston.Ontheflightshestarted chatting with the American ladyseatednexttoher–ablue-bloodedTexanwhowasmuchinterestedinIndia.The two of them got along famously

and dear sis-in-law, without a care inthe world, after doing full justice to thecomplimentaryfoodandwine,fellasleep.Much too soon the flight landed and hernew friend shookher out of her dreams,with a hearty “Wake up dear, we are inTexas”. She quickly picked up her thingsandgotoutoftheplane.So far so good. Immigration was

likeabreezeandshewasonherway tobaggage claim – and that’s where thetroublestarted.Thecarouselwentround

androundwithoutanysignofhersuitcase.Much running around and cursing later,shewasescortedtotheLufthansacounterforlodgingaclaim.Thegirlatthecounterhad one look at the baggage tickets andalmostjumpedoutofherseat.

“But Mam your suitcase is booked to Houston!”

“And where do you think I am,”retortedMsConfidencePersonified.“Lady,youareinDallas!”Dearsiswas

dumbstruck. All kinds of fears hauntedher – what would she do, what wouldher brothers at Houston think when sheis found ‘missing’ from the flight, howwouldshegettoHouston?Shejuststoodmortified.The smart Lufthansa girl was

meanwhile busy on her walkie-talkie,despite the tick-off she had received afewminutesearlier. Suddenlyshehadabiggrinonher faceandthefrozenfigurebeforeherwasshakenforthesecondtimein less than an hour, “Madam, you arelucky,ourflightisdelayedandyoucanstillboard it; if only youwouldwake up andfollowmefast”.

Thenextfewminuteswereawhirlwindtour of Dallas airport, past bewilderedimmigrationofficials,securitystaff,airlinecrews….Till shewassafely back in herseat, much to the surprise of her fellowpassengers.Perhaps she hadn’t had her fill of

excitement. Part two cameaweek laterwhenshewastoflytoSanfrancisco(SFO).Thistimeitwastheprinter’sdevilatwork;she was checked in for San Jose (SJO)andwouldhavelandedthere–andintobigtrouble–ifonlyshehadn’teavesdroppedonsomeoneelse’sconversationregardingthestopoveratDenver.Now, she was sure – that it was a

nonstop flight to thecityofGoldenGate!Thistimeofcoursetheflighthadleftandshehad togeton thenextoneafter twohours. Her wrong check-in was for SanJoseCaliforniaandnothingasexcitingasthetownbythesamenameinCostaRica.NowshewastrulyreadyforAmerica

andminor things like themidnight fire inher Amarillo hotel and the consequentevacuation of guests, loss of a walletduringthecrowded‘sale’andamisplacedbag on the return flight are not evenmentionedbyherwhiletellingherstory.

EXPRESSIONS


Stainless Steel- Know it better

Asaf Ali Khan, Consultant

Stainless steel is widely used, leastunderstoodandmuchabusedmaterial.The general awareness about the

metal is lacking, mainly, because it isconsidered just steel which it is not.With elements like chromium and nickeltogetherconstitutingmorethan50%ofthecomposition in certain grades, stainlesssteel is anything but steel. The notionhas led steel fabricators ’graduating’ tostainless steel fabrication, often withdisastrousconsequences.WhereasintheWestthereisasound

awarenessaboutthemetal,stainlesssteeland is never fabricated in the premiseswhereassteelisfabricatedinourcountrytheawarenessitislackinganditisratheranorm,withbothsteelandstainlesssteelbeing fabricated in the same premises.EvenintheMiddle-East,wheretheusageofthemetalpercapitahasbeenoneofthehighest in the world in the recent times,the fabrication has been at the highestorder. At a prestigious new developmentin the UAE, two huge rings, stainlesssteel cladded, have been installed at tworoad intersections. The cladding of theserings has warped in the intense heat ofthe region.Thedesigner-probably takingcuefromtheroofcladdingoftheChryslerTower in New York, made out of 18/9stainless steel some ninety years back,and still taut and shining- forgot that inthe desert of the UAE, the temperaturesoars to fifty plus degrees centigrade inthe open. The Chrome -Nickel stainlesssteel that has beenmost probably used,with its very high thermal expansion co-efficient (sixtypercentmore thanchromestainlesssteels)andamuchlowerthermalconductivity(sixtypercentof theChromestainless steels) is bound to warp if noprovision is made to accommodate it.Chrome stainless steel Grade AlSl444,

withmatchingcorrosionresistancewouldhavebeenamuchbetterchoice.In India, the scene is pathetic. The

stainlesssteel railingsandbalustradesattheMetrostationsinDelhihavethickweldspots,deepfilingmarksandgapsbetweenjoints.Thesearenotonlyeye-sores,theseare corrosion initiation points. The sceneatthecommercialkitchensisnobetter.Two fallacies about stainless steel

need to be pointed out: First, the non-magneticgradeisbetterthanthemagneticgrade;second,ifstainlesssteelrusts,itisbecauseofthewrongmaterialgradeused.Duplex grades of stainless steels

are magnetic and these are superior tocommon non-magnetic grades (AISI304 and AISI316) - both in terms ofcorrosionresistanceandtensilestrengths.Precipitation Hardening grades, alsomagnetic, have much higher tensilestrengths vis-à-vis the commonly usednon-magnetic grades and matchingcorrosion resistance. In India and China,this wrong perception has given rise todevelopment of cheaper non-magneticgrades, which have poorer corrosionresistancethansomealternativemagneticgrades.As for the second fallacy, I have

pointedoutincaseofDelhiMetro,despiteusing the correct grade of material,stainlesssteelispronetorustduetopoorfabricationpracticesemployed.Further, ifthereisdustaccumulationonthesurfaceanditisnotcleanedregularly,thesurfaceunderneathcanrust.Stainless steel is ‘stainless’ because

ofaninvisible,verythin(2-3NanoMetre),hygroscopic, tenacious, self-healing,and self-forming passive film of mainly,chromiumoxideandchromiumhydroxidethat forms in an oxidizing atmosphere, if

the chromium percentage is 10.5% andabove. This film does not form if thesurfaceisirregular(weldspots)orrough(filingmarksetc.).Further,ifthesurfaceiscoveredwithdust,thesteelsurfacewouldbedevoidofoxygenandthepassivefilmwillnotform,leadingtorustingofthesteelsurface over time. Therefore, cleaning ofstainless steel surface- both in terms ofthickweldspots,weldspatter,roughfilingmarksandsuch,aswellasdust/muckaccumulations-isofvitalimportance.Stainlesssteel ismeant toserveyou

alifetimeandmoreanditslife-cyclecostis much less than that of carbon steels.However, correct selection of materialgrade, proper fabrication and regularmaintenance are of prime importance.Paradoxically, kitchen-wares, pots andpans, table-wares made of poor qualitystainlesssteels in IndiaandChinadonotrustbecausethesearewashedcleanonaregularbasis.Withasmanyasonehundredandfifty

plusgradesavailable in themarket, thereis a grade available for, virtually, everyapplication,insuchdiverseindustriessuchasaerospace,automobiles,construction,chemicals,commercialkitchens,domesticequipment,food-processing,furnaces,oilandgas,paper,pollutioncontrolandmanyothers.Thesegrades,eachwithitsuniquecomposition and properties presentchallengestofabricationengineers.Someof these highly alloyed grades take lessthan one minute for harmful phases topropupduringweldingorheattreatment.Thefabricationofstainlesssteel,therefore,is the job of qualified and experiencedengineers and not of self-qualified steelfabricators. Could you take the risk of acitrusjuicetankcorrodingfrominsideduetofaultyfabrication?Youknowtheanswer.

EXPRESSIONS


Honey at it’s be� .Honey at it’s be� .Kejriwal Honey is the pioneer of honey exports from the country Kejriwal Honey is the pioneer of honey exports from the country of India, o� ering top notch honey to the quality conscious of India, o� ering top notch honey to the quality conscious consumers across the world. The group started exporting consumers across the world. The group started exporting honey in the year 1996 and within a short span of time it honey in the year 1996 and within a short span of time it has established itself as a premier Honey exporter to many has established itself as a premier Honey exporter to many countries of Europe, USA and the Middle East.countries of Europe, USA and the Middle East.

Equipped with ultra modern facilities, with a capacity to handle Equipped with ultra modern facilities, with a capacity to handle about 100 MT daily, the company also maintains complete about 100 MT daily, the company also maintains complete traceability for all honey from the farm level to match its quality traceability for all honey from the farm level to match its quality with the trust of the customers. The packaging is done under with the trust of the customers. The packaging is done under the most stringent hygienic conditions, thus, retaining the the most stringent hygienic conditions, thus, retaining the natural � avours and vital enzymes of the product. All operations natural � avours and vital enzymes of the product. All operations are fully automated, housing a well designed closed circuit honey processing line with no manual interface, ensuring quality and hygiene of the international standards.

We are the � rst honey exporters from India who are certi� ed for ISO 22000-2005 for Food Safety Management System and the � rst True Source Certi� ed honey exporters in the World. In short, if you are looking for quality honey from India, Kejriwal is your answer.

Regd. O� ce: W-42, Greater Kailash - II, New Delhi - 110048Tel: +91-11-29219677/78/79 Fax: +91-11-29210985Email: [email protected]

Certi� ed for ISO: 9001-2000, 22000-2005 for food safety management system.

Talk to us for quality products from India

A4 ad.indd 1 13/12/12 4:45 PM


Policy Pronouncements and DevelopmentsIncorporation of Limited Liability Partnership through a complete online system

The Ministry of Corporate Affairs hascontributed significantly towards ‘Ease

of Doing Business’ in the country as today,acompanycanbe incorporated in less thantwodays alongwith allotment ofPAN,TAN,DIN and Unique Name through the onlineprocess. The Ministry of Corporate Affairshaslaunchedanotherprocessre-engineeringby making incorporation of Limited LiabilityPartnership (LLP) through a completeonline system,web service titled “RUN-LLP(Reserve Unique Name – Limited LiabilityPartnership).”ThenamecanalsobeallottedtoLLPthroughane-formtitled“FiLiP(FormforincorporationofLimitedLiabilityPartnership).

Global Hunger Index: India’s ranking slips to 103 among 119 countries

According to the report, prepared byWelthungerhilfe and ConcernWorldwide,

India has been ranked at the 103rd positionamong 119 countries on the Global HungerIndex. India is among the 45 countriesthat have “serious levels of hunger”.(Welthungerhilfe isanot-for-profitgroupandConcernWorldwideworkstowardsimprovinglives of poor people). In 2017, India wasrankedatthe100thposition.TheGHI,nowinits 13th year, ranks countries basedon fourkey indicators — undernourishment, childmortality, child wasting and child stunting.India is ranked below many neighbouringcountries, including China (25th spot),Nepal (72), Myanmar (68), Sri Lanka (67)and Bangladesh (86). Pakistan is placed atthe 106th position. Zero is the best scoreand a reading above 100 is the worst. 100signifies that a country’s undernourishment,child wasting, child stunting, and childmortality levels are at the highest level.According to the report around 124 millionpeople suffer acute hunger in the world, anincrease from 80 million two years ago.

Cabinet Committee approves an umbrella scheme “Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)”

TheCabinetCommitteeonEconomicAffairshas given its approval for the umbrella

scheme “Ocean Services, Technology,

Observations, Resources Modelling andScience (O-SMART)”for the period from2017-20atanoverallcostofRs.1623crore.The services rendered under the O-SMARTwill provide economic benefits to a numberofusercommunitiesinthecoastalandoceansectors, namely, fisheries, offshore industry,coastalstates,Defence,Shipping,Portsetc.Currently, five lakh fishermen communityare receiving this information daily throughmobiles which includes allocation of fishpotential and localweather conditions in thecoastal waters. This will help in reducingthe search time for fishermen resulting insavings in the fuel cost. Implementation ofO-SMART will help in addressing issuesrelating to Sustainable Development Goal-14, which aims to conserve use of oceansand marine resources for sustainabledevelopment.TheO-SMARTwillalsoprovidenecessary scientific and technologicalbackground required for implementationof various aspects of Blue Economy.

Cabinet approves MoU between India and US in insurance regulatory sector

TheUnionCabinethasapprovedthesigningof a MoU between Insurance Regulatory

and Development Authority of India (IRDAI)and the Federal Insurance Office, US.

The MoU provides a framework forcooperation and coordination, including forthe exchange of information and researchassistancewith respect to eachAuthority’soverview and other lawful responsibilities.Under theagreement,bothcountries intendto share their experiences on variousregulatory functions and to provide mutualassistance including training activities.India and US have also agreed to continueto facilitate cooperation on internationalstandard-setting activities, financial stabilityand the development and implementationof consumer protection through soundprudentialregulationoftheinsurancesector.

Cabinet approves signing of Bilateral Investment Agreement between India Taipei Association in Taipei and the Taipei Economic and Cultural Center in India

The Union Cabinet has approved thesigningofBilateral InvestmentAgreement

(BIA) between India Taipei Association (ITA)in Taipei and Taipei Economic and Cultural

Center (TECC) in India. The BIA is likelyto increase investment flows between theparties. Itwill provide appropriate protectiontoinvestmentsonareciprocalbasisbetweenITA and TECC. BIA is likely to increase thecomfort level and boost the confidence ofinvestors by assuring a level playing fieldand non-discrimination in matters relatedto investments, thus providing conduciveinvestmentclimatetoinvestors.Itwouldhelpproject India as a preferred FDI destination.

Guidelines for Operation Greens

The Ministry of Food ProcessingIndustries (MoFPI) has approved the

operationalisation strategy for OperationGreens.OperationGreenswasannouncedintheBudgetspeechof2018-19withanoutlayof Rs. 500 crores to stabilize the supply ofTomato,OnionandPotatocropsandtoensureavailability of TOP crops throughout thecountryroundtheyearwithoutpricevolatility.The government has laid down specialmeasuresandgrants-in-aidundertheschemetoensureenhancedproductionofTOPcropsandtoaugmentvaluechain.NAFEDwillbetheNodalAgencytoimplementpricestabilisationmeasures. MoFPI will provide 50% of thesubsidy on the following two components:TransportationofTomatoOnionPotato(TOP)Crops fromproduction tostorageandhiringofappropriatestoragefacilitiesforTOPCrops.Eligible Organizations would include StateAgriculture and otherMarketing Federations,Farmer Producer Organizations (FPO),cooperatives, companies, Self-help groups,food processors, logistic operators, serviceproviders, supply chain operators, retailand wholesale chains and central and stategovernments and their entities/organizationswillbeeligibletoparticipateintheprogrammeandtoavailfinancialassistance.Theapplicantfulfillingtheeligibilitycriteriaundertheschemeis required to submit the online applicationonSAMPADAportal of theministry (https://sampada.gov.in/) with complete documents.

Launch of Support and Outreach Initiative for MSME sector

Hon’ble Prime Minister, Narendra Modi,recentlylaunchedanoutreachprogramme

fortheMicro,SmallandMediumEnterprises(MSMEs) sector. PrimeMinister unveiled 12key initiatives which will help the growth,expansion and facilitation ofMSMEs acrossthe country. He announced the launch of

ECONOMY WATCH


ECONOMY WATCH

the 59 minute loan portal to enable easyaccess to credit for MSMEs. He said thatloans upto Rs. 1 crore can be granted in-principleapproval through thisportal, in just59minutes.Hesaida link to thisportalwillbe made available through the GST portal.Furthera2percentinterestsubventionwillbeprovidedtoallregisteredMSMEs,onfreshorincrementalloans.Thepackagealsoprovidesan increase in interest rebate for exporterswho receive loans inpreandpost shipmentperiods. All public sector companies havenowbeenasked tocompulsorilyprocure25percent, instead of 20 percent of their totalpurchasesfromMSMEs.Allcompanieswitha turnover more than Rs. 500 crore, mustnow compulsorily be brought on the TradeReceivables e-Discounting System (TReDS).Further, out of the 25 percent procurementmandated from MSMEs, 3 percent willbe reserved for women entrepreneurs.

ThePrimeMinister said thatmore than1.5lakhsuppliershavenowregisteredwithGeM,out of which 40,000 are MSMEs. He saidtransactions worth more than Rs. 14,000crorehavebeenmadeso far throughGeM.All public sector undertakings of the UnionGovernmentmustnowcompulsorilybeapartofGeMandalltheirvendorshavetoregisteronGeM.Moreover,clusterswillbeformedofpharmaMSMEs.Hesaid70percentcostof establishing these clusterswill be bornebythegovernment.ThePrimeMinisteralsoannounced simplification of governmentprocedures with respect to seekingenvironmental clearances, inspections andfiling returns. An Ordinance to amend theCompaniesActhasbeenapprovedaswelltoreduce harassment and avoid unnecessarylitigation.Theimplementationofthisoutreachprogrammewillbe intensivelymonitoredbythe PrimeMinister over the next 100 days.

President of India gives assent to promulgation of the Companies Amendment (Ordinance), 2018

The recommendationof theUnionCabinetfor promulgation of the Companies

Amendment (Ordinance), 2018 has beenassented to by the President of India.The twin objectives of this Ordinance arepromotion of Ease of Doing Business alongwithbettercorporatecompliance. Themainamendmentsareshiftingofjurisdictionof16typesofcorporateoffences fromthespecialcourts to in-house adjudication, which isexpected to reduce thecase loadofSpecialCourts by over 60%, thereby enabling themtoconcentrateonseriouscorporateoffences.With this amendment the scopeof in-houseadjudication has gone up from 18 Sectionsat present to 34 Sections of the Act; Thepenaltyforsmallcompaniesandonepersoncompanies has been reduced to half of thatapplicable to normal companies; Institutinga transparent and technology driven in-

house adjudicationmechanismon anonlineplatformandpublicationoftheordersonthewebsite;Strengthening in-houseadjudicationmechanism by necessitating a concomitantorderformakinggoodthedefaultatthetimeoflevyingpenalty,toachievetheultimateaimof achieving better compliance; Decloggingthe National Company Law Tribunals by:enlarging the pecuniary jurisdiction ofRegional Director by enhancing the limitup toRs.25Lakhasagainst earlier limit ofRs. 5 Lakh under Section 441 of the Act;vesting intheCentralGovernment thepowertoapprove thealteration in the fiscalyearofacompanyundersection2(41);andvestingtheCentralGovernmentthepowertoapprovecases of conversion of public companiesinto private companies. Recommendationsrelatedtocorporatecomplianceandcorporategovernance include re-introduction ofdeclaration of commencement of businessprovisiontobettertacklethemenaceof‘shellcompanies’;greaterdisclosureswithrespectto public deposits; greater accountabilitywith respect to filing documents related tocreation, modification and satisfaction ofcharges;non-maintenanceofregisteredofficetotriggerde-registrationprocess;andholdingof directorships beyond permissible limitsto trigger disqualification of such directors.

Manufacturing PMI jumps to 53.1

AccordingtoNikkeipurchasingmanagers’index (PMI) manufacturing activity in

October,spurredbydomesticdemand,wereofthelevelofJune,thehighestthiscalendaryear,ThePMIrosefrom52.2 inSeptemberto 53.1 in October. A reading above 50 isexpansion and one below it is contraction.NewordersincreasedsharplyinOctoberandcompanies responding to the PMI surveyattributedthisrisetoadvertisingeffortsandunderlying demand has been the fastestsinceJune.Acombinationofdomesticandforeign orders fuelled the upturn in overallactivity. Although export orders displayedtheslowestexpansionsinceJuly,newworkroseatthesharpestpacesincemid-year.TheupturninexportscooledinOctober.Ifthesetranslate into official figures, merchandiseexports would again come under pressureafterdeclining inSeptember.ManufacturerssteppeduphiringinOctober,andjob-creationduringthemonthwasthestrongestsincelastDecember. There was inflationary pressureamid reportsofhigherpricesofchemicals,energyandmetals.Theaveragecostburdensincreased and somemanufacturers passedpartoftheadditionalcostontotheirclients.

Services PMI climbs to 52.2 in Oct

The Nikkei India Purchasing Managers’Index (PMI) for services rose to 52.2

in October, up from 50.9 recorded inSeptember. This is the fifth successivemonth of expansion. This index prepared

on the basis of survey conducted amongpurchasing managers of over 400 privatecompanies belongs to five sectors —consumer services, transport and storage,information and communication, financialandinsurance,andRealEstateandBusinessServices. According to the report, Octoberdata points to a strong improvement inIndia’s services sector,with an acceleratedupturn in new work underpinning quickerrises in activity and jobs. Cost inflationarypressures eased, resulting in a softerincrease in selling prices. Meanwhile,business sentiment remained positive, butwas hampered by political uncertainty.

CostpressuresfadedinOctober,butserviceproviders continued to report rising costs,especiallyforfoodandfuel.Atthesametime,a robust expansion inworkforces – one ofthebestseenforoverseven-and-a-halfyears–added to firms’ expenses.Thewaningofcost inflation, coupled with competitivepressures,resultedinonlyamarginaluptickin charges. Reflective of higher staff costsas well as greater food and fuel prices,serviceproviders’expensesroseinOctober.The rate of cost inflation moderated fromSeptember’s 10-month high, however,and was below its long-run average.

Tourist Facilitation and Information Counter inaugurated at IGI Airport, New Delhi

Mr. K.J. Alphons, Union Minister forTourism inaugurated the Tourist

FacilitationandInformationCounteratIndiraGandhi International Airport New Delhi onNovember12,2018.ThefacilitationcounterislocatedattheT3terminalarrivalgatesoftheIGIAirport.TheTourismMinistryisalsostarting Facilitation Counters in Mumbai,Chennai, Kolkata, Gaya and Varanasi.

The counter shall cater to non-Englishspeaking tourists also as the Counter willalso be connected to the 24x7 Helpline –‘1363’ of the Tourism Ministry where thetourists can speak directly with the foreignlanguage agents and get guidance inFrench,German,Italian,French,Portuguese,Russian, Japanese, Korean, Chinese andArabic. TheMinistry of Tourismhas set-upthis Counter with an objective to provide24x7 information to both domestic andinternationalvisitorsarrivingintoIGIAirport,New Delhi. The Counter is stocked withsufficient high quality tourist literature andbrochures to be provided to the tourists.


FILATEX INDIA LIMITED

Manufacturers finest quality of Polyester & Polypropylene Filament Yarns in wide range of deniers & colours at their plants at Dahej, Gujarat & Dadra, UT (D &NH).

Corporate Office :

“Bhageria House”, 43 Community Centre, New Friends Colony, New Delhi-110025, India

Phone: +91-11-26312503; 26848633; Fax: +91-11-26849915 www.filatex.com; Email: [email protected]


Workshop on Business Analytics using Spreadsheet

Interactive session on Recent Developments & Practical Issues under GST

Faculty, Dr. Tauja Kaushik with participants at the workshop

Chief Guest, Mr. Yogendra Garg, Additional Director General GST, New Delhi addressing the participants Also seen: Mr. Sanjeev Juneja, Convenor- Jalandhar Chapter, PHD Chamber; Mr. D S Garcha, AETC Jalandhar, Department of Excise and Taxation; Mr. R S Sachdeva, Chairman, Punjab State Chapter, PHD Chamber; Mr. SS Katiyar, Commissioner, GST Commissionerate Jalandhar; Advocate Pawan Kumar Pahwa, Chairman, Taxation Sub-Committee, Punjab State Chapter, PHD Chamber & Partner, Panacea Legal Services, Chandigarh and Mr. Manish Mishra, Partner, Indirect Tax, BDO India

Under the PHD-KAS CooperationProject, PHD Chamber organized a

workshop on ‘Business Analytics usingSpreadsheet’ on September 12, 2018at PHDHouse, NewDelhi. The objectivewas tomakeparticipantsunderstand theadvance functions of the spreadsheetto help analysing their businesses. Theworkshop taught the participants basicsof spreadsheet, formulae and functions,analytical options, advance charting andtable,databaseandlistsandshortcutkeys.Dr.TanujaKaushik,Professor&HoD,GDGoenkaUniversitywasthefaculty.

PHD Chamber in association withKonrad-Adenauer-Stiftung (KAS),

Germanyorganizedaninteractivesessionon ‘Recent Developments & PracticalIssuesunderGST’onSeptember14,2018atHotelAmbassador,Jalandhar.BDOIndiawastheknowledgepartnerfortheevent.Mr.R.S.Sachdeva,Chairman,Punjab

State Chapter, PHD Chamber mentionedthat GST implementation has been anoteworthy step in the field of indirecttax reforms in India. Despite teethingtroublesandconfusionoverthenewlaw,thegovernmenthascrossedsomecrucialmilestoneswithGST,headded.Hestatedthat thegovernmenthasbeensuccessfulinachievingthemottobehindtheGSTi.e.increasingthetaxbasealmostdoubleaftertransitioningtoGSTregime.Mr.SanjeevJuneja,Covener,Jalandhar

Chapter, PHD Chamber stated that suchinteractive seminars with participationof the Revenue Authoritieswould reducethe gap between the industry and theauthorities which is essential for the

successofGSTimplementation.Chief Guest, Mr. Yogendra Garg,

Additional Director General GST, NewDelhi appreciated Trade and Industry inPunjab for embracing GST and statedthat compliance levels and return filingpercentage continues to be high for theStateofPunjab.Hesharedtheprovisionsof the new return format. The effortis to reduce compliance burden andcomplexities.HealsoaddressedtovariousqueriesandissuesfacedbytheTradeandIndustry under GST and also mentionedthat the state government was open totakeupanysuggestionsforanychangesrequiredundertheGSTlaw.Eminent experts included Mr.

S S Katiyar, Commissioner, GSTCommissionerateJalandhar;Mr.MandeepSingh Jalota, Deputy Commissioner,Goods& Services Tax Commissionerate,Jalandhar; Mr. Rakesh Kumar Kantiwal,Assistant Commissioner, GSTCommissionerate, Jalandhar; Ms. KiranBala, Assistant Commissioner, GST

Commissionerate, JalandharandMr.DSGarcha,AETC,DepartmentofExciseandTaxation,Govt.ofPunjab.Advocate Pawan Kumar Pahwa,

Chairman, Taxation Sub-Committee,Punjab State Chapter, PHD Chamberapprised the participants of the recentchanges and developments in the GSTlaws. He stated that the Government isthoughactivelytakingmeasurestoaddresstheteethingproblemsintheGSTlaw,thereare still many issues both technical andsite relatedwhich require theattentionoftheGovernment.Mr. Manish Mishra, Partner, Indirect

Tax, BDO India mentioned that theGovernment and Industry both need toworktogethertoensurethatthechallengesareresolvedandconflictsaremanaged.More than 80 industrymembers and

professionalsattendedandbenefitedfromtheprogramme.

HEADWAY / Skill Development Initiatives


PHD FAMILY WELFARE FOUNDATION (PHDFWF)Inauguration of Skill Development Training Centre in Sarai Kale Khan, Delhi

Free Specialised Health Check-up camp at Rangpuri Pahadi, Vasant Kunj

PHD Family Welfare Foundationin association with the PHD Skill

DevelopmentCommitteeandDelhiUrbanShelterImprovementBoardinauguratedanewSkillDevelopmentTrainingCentreonOctober,10,2018atSaraiKaleKhannightshelter,Delhi.TheinaugurallampwaslitbyMr.D.K.Aggarwal,SeniorVicePresident,PHD Chamber, Ms. Anuradha Goel,Chairperson,PHDFWF,Ms.ArunaOswal,Trustee, Aruna Abhey Oswal Trust, Dr.Mahesh Y Reddy, Secretary General,Mr.Saurabh Sanyal, Advisor, PHD ChamberalongwithseniormembersfromPHDFWF,

PHDFWF inassociationwith theRotaryClubofDelhiGardenCityorganizeda

free health check-up camp for childrenundertheageof18yearsonOctober,17,2018 at Rangpuri Pahadi, Vasant Kunj,

HEADWAY / Towards Inclusive Growth

NewDelhi.Thecampwasgracedby thepresence of Mr. Anil Khaitan, ImmediateFormer President, PHDCCI,MsAnuradhaGoel, Chairperson, PHDFWF, Mr. DeepakVerma, President, Rotory Club of Delhi

Garden City, Ms. Seema Khaitan andsenior members from PHDFWF. Freecancerscreeningtestofchildrenunder18years,freediagnosticcareandmedicineswereprovidedtothebeneficiaries.

Sr.officialsfromDUSIB,PHDChamber,PHDFWF&beneficiaries.TheCentreisprovidingtrainingintailoring&embroideryandbeautyculturetothebeneficiariesoftheSaraiKaleKhan,DUSIBnightshelter.Already31beneficiarieshaveenrolledforboththecourses.Apartfromtraining,thePHDFWFwillorganizemotivationaltalksandgeneralawarenesscampsundertheproject.Theprojectaimstogivethebeneficiariesanopportunitytocometothemainstreamtomakethemselvesself-relianttoearntheirlivelihood.



Installation of Sanitary Napkin vending machine at Rangpuri Pahari, Vasant Kunj Centre

PHDFWF-WRG Skill Development Training Center in Rangpuri Pahari, Vasant Kunj

PHDFWF- SMPF Mobile Medical Van

Ms. Seema Khaitan, GB Member,PHDFWF donated and installed

one sanitary napkin vending machine atRangpuri Pahari, Vasant Kunj Centre onOctober 17, 2018. Ms. Seema Khaitanhaspromised to install5moremachinesatothercentresofPHDFWFwithinashortperiodoftimeandwillsupplynapkins,freeofcost.Mr.AnilKhaitan,ImmediateFormerPresident, PHDCCI, Ms Anuradha Goel,Chairperson,PHDFWF,Ms.SeemaKhaitanand senior members from PHDFWF &WCDwerepresentonthisoccasion.

PHDFWFhasbeenrunningaskilldevelopmenttrainingcenterwiththefinancialsupportfromWomenRehabilitationGroup(WRG),USinRangpuriPahariresettlementcolony,VasantKunj,NewDelhi.TheCentreisprovidingtrainingincomputereducation,tailoring&

embroideryandEnglishspeakingclasses.Atotalof75traineesareavailingtraininginallthethreecourses.

Duringthemonth,19freehealthcheck-upcampswereorganizedindifferentruralareasofRajasthan,Haryana,UttarPradesh,andslumsofDelhi.Freediagnosticcare,clinicalservicesandmedicineswereprovidedtothepatients.Atotalof1865patientsbenefitted

fromthesecampsduringthemonth.


PHDFWF- Jaquar Foundation Mobile Medical Van, Gurugram

PHDFWF- Jaquar Foundation Mobile Medical Van, Bhiwadi

PHDFWF-SMPF Skill Development Center, Vinodpuri

PHDFWF-Goyal MG Gases Pvt. Ltd. - Shree Charitable Trust-Skill Development Training Centre, Badli Ext., Rohini

PHDFWFhasbeenrunningaSkillDevelopmentTrainingCentreatBadliExt.,Rohiniwith the financialsupport fromGoyalM

GGasesPvt.Ltd&ShreeCharitableTrust.Presently,76traineesareavailing training incomputereducation, tailoringandbeautyculture&adulteducationatthecentre.

During themonth,14 freehealthcheck-upcampswereorganized indifferentvillagesofHaryanaadoptedbyJaquarGroup.Freediagnosticcare,clinicalservicesandmedicineswereprovidedtothepatients.Atotalof871patientsbenefittedfromthesecamps.

PHDFWFlaunchedanewmobilemedicalvanwiththefinancialsupportfromJaquarFoundation.ThisisthesecondvandonatedbyJaquarFoundation.InthemonthofSeptember,15campswereorganizedatfourremotevillagesofBhiwadi,Rajasthan,whereby

905patientsbenefitted.

AttheSMPFSkillDevelopmentTrainingCentre,123traineesareavailingtrainingintailoring&embroidery,beautyculture&mehendi,mobile repairing and computer education under the project. SHGmeetings and awareness generation programmes were also

organizedduringthemonth.



PHDFWF-ITE Foundation Trust-Skill Development Centre, Noida

Hindustan Tin Works Skill Development Training Centre, Lal Kuan, Badarpur

PHDFWF-FENA Skill Development Training Centre

Presently,53traineesareavailingtraining in tailoring and beauty

culture at the centre. Traineesare making different embroiderydesigns on fabrics and earningtheir livelihood. One awarenessgeneration programme was alsoorganizedduringthisperiodundertheproject.

PHDFWFhasbeenrunningaskilldevelopmenttrainingcentreinLalKuan,BadarpurwiththefinancialsupportfromHindustan

TinWorksLtd.ThiscentrewasearlierthereinMangwakivillage,Pataudiwhichhasbeenshifted to thisnew location.Training incomputer education & beauty culture is being provided at thecentre.

Presently, 110 girls and women are undergoing training intailoringandbeautycultureatTekhandvillage,OkhlaPhase-I.

ThecentreisbeingsupportedbyFenaFoundation.Oncompletionof the respective courses, exams were also conducted for thecertificatestobeawardedtothetrainees.

MoU Signing between PHDFWF & TPDDL for two vocational training centres in Rohini

PHDFWF-Aruna Abhey Oswal Trust -Mobile Medical Van

PHDFWF-DSACS Target Intervention Project on HIV/AIDS

Nursing Assistant Training Centres at South Rohini

OnSeptember19,2018,twoMoUsweresignedbetweenPHDFWF&TPDDLforextensionoftwovocationaltrainingcentresofSec3&Sec11,Rohiniforonemoreyear.Presently,183traineesareavailingtrainingincomputereducation,beauty&wellnessand

tutorialclassinboththecentres.

PHDFWFisrunningamobilemedicalvaninassociationwiththeHolyFamilyHospitaldonatedbyArunaAbheyOswalTrust.Freehealthcheck-upcampsarebeingorganizedinOkhlaresettlementcolonies,JamiaNagar&IKVcentresonaregularbasis.

157ICTC,143RPR,4reviewmeetings,8demandgenerationmeetings,and2DICmeetings,wereconducted.Around340patientsattendedtheSTIclinicservices,23PTand14STIpatientswereidentifiedunderthisprojectduringthemonth.

PHDFWFisprovidingtrainingto10traineesinNursingAssistanceatSouthRohini,Delhi.


PHD RURAL DEVELOPMENT FOUNDATION (PHDRDF)

PHDRDF SCHOOL DEVELOPMENT

PHDRDFhasbeenactivelyworking towards improvingqualityandstandardofschooleducationand literacybysupporting theexistingGovernmentschoolsindifferentstates.

Existing condition of Govt school at Malanpur adopted by TEVA- PHDRDF

A. PHDRDF- Hindustan Tin Works Ltd

HTWLhasbeenworkingtowardseducationasapartoftheirCSRactivity.TheGovt.SchoolatHassanpur,Sonipathasbeenadoptedby thecompanyand isbeingupgradedcontinuously.Effortshavebeenmade toprovidedrinkingwater&sanitation facilities in theschoolalongwithprovisionoflibrary,sciencelaboratoryandplayareafornurserystudents.Benches,books,bags,notebooks,etcwerealsoprovidedtostudentsatthebeginningofthesession.Developmentinitiatedinthepreviousphasehadaverypositiveresponseandenrollmentoftheschoolincreasedby25%throughdevelopmentactivities.TheschoolinfrastructureisnowbeingupgradedbyrenovatingtheplaygroundareaandAssemblyarea,provisionofpropergateforsecurityaswellasotherbasicinfrastructuresupportforstudentslikebenches,etc.

C. PHDRDF- Junior Chamber International Japan (JCI) & Japan Water Forum (JWF)

PHDRDFwiththesupportfromJuniorChamberInternationalJapanandJapanWaterForumisimplementing‘SmilebyWaterproject’.Asapartoftheproject,communitydrinkingwaterfacilityhasbeenestablishedintwovillages,oneinMewatvillage,JalalpurinTauruBlockandanother inPataudiblockvillage,Ramnagar.NewtoiletblockshavebeenconstructedandexistingtoiletfacilitieshavebeenrefurbishedinthreeGovernmentschoolsofSohna.Behaviourchangesessionsareregularlyundertakenwiththeschoolchildrenthroughfunwaylearningmethod.Forbehaviorchange,wallsinthreeschoolshavebeenpaintedwithpicturesillustratinggoodhabitsandsavewater.Drawingcompetitions,EcoRally,animatedaudiovisualpresentationsandeducationalgamesarealsobeingconducted.

E. PHDRDF- Peter Und Luise Hager Stiftung (Hager Foundation)

InordertopromoteHolisticdevelopmentofgovernmentschoolsin5villagesofSikarDistrictinRajasthan,throughqualityeducationwhichincludesWASHawareness,infrastructureandhealthcare,PHDRDFandHagerFoundation,Germanyhavecometogetherwiththeprojecton“WASHandQualityeducationinGovernmentSchoolsinSikar”.DuringFY2018-19,activitieswereinitiatedinfiveGovernmentSchoolsi.e.Govt.SeniorSecondarySchool,Toda&Govt.HighSchool,Bhojmaid,Govt.UpperPrimarySchool,Kalakota,Govt.UpperPrimarySchool,BadanSinghKiDhaniandGovt.UpperPrimarySchool,Saidala.TheSchoolshavebeenupgradedwithfacilityofwell-equippedComputerLabsalongwitharegularComputerTeacher.Besidesthis,RDFhasalsomadeprovisionforaregularEnglishTeacherintheschoolforthe2018-19session.ThestudentsappearedfortheregulartestforcomputersandEnglishandperformedwell.

B. PHDRDF- Charities Aid Foundation (CAF) India -HDFC ERGO

CAFIndiapartneredwithPHDRDFfortheir‘GaonMera’Projectto re-construct the government primary school building in RamanVillageofKulluDistrict,whichisalmostan80yearoldbuilding.

Theworkisunderprogressandthebuildingwillbehandedovertoschoolauthoritiesinamonth’stimeforthestudentstomovebacktoschool.Postcompletionofthisproject,thevillagewillgetanewschool building with well-equipped toilets, community hall, diningarea,computerroomwithcomputers,playingequipmentsandnewlearningtools.ThebuildingisbeingmadekeepinginmindtheneedofvillagersandweatherconditionsofKullu.

D. PHDRDF- TEVA API India Limited

PHDRDF and TEVA API India Ltd have initiated a partnershipfor a project on “Aadharsh Vidyalaya- Integrated Development ofGovernmentSchoolsinGajraula,UttarPradeshandMalanpur,Bhind”in Madhya Pradesh. Two schools have been adopted by TEVA totransformintomodelschoolswithupgradedinfrastructurefacilities,qualityeducationandtraininginsoftskillsincludingWASH.AteamoftheprojectthatincludedMr.RameshNaik,Sr.Director-Operations,Mr.ManojMishra, SrManager-HR,Dr Kadambari, Chief ExecutivePHDRDFandrepresentatives fromPHDRDFmetMr.AshishKumarIAS,DistrictCollectorofBhindandapprisedhimabouttheinitiative.

PHDChamberstronglybelieves in itssocial responsibilitybeingan importantpartofbusinessphilosophy.ThePHDChamber isextendingitscontributionstothecommunitythroughCorporateSocialResponsibility(CSR)initiativesbyPHDRuralDevelopment

Foundationasitssocialarm.TheseinitiativesaredesignedtoensurethateverycorporatedonorembodiestheprinciplesofCSRaspersectionVIIofCompany’sAct2013.TheFoundationtakesappropriateinitiativesintheareasofHealthcare&Sanitation,Education,SkillDevelopment,WomenEmpowermentaswellasWaterConservation&Harvestingandseekstoempowerindividualsandcommunityatlargebyprovidingthemwiththesupporttheyneedtoaffectchangeintheirownenvironmentforsocialandeconomicdevelopment.



B. PHDRDF- Dhampur Sugar Mills Ltd.Project on “FREE MOBILE HEALTH SERVICES” is being

implemented with the support from Dhampur Sugar MillsLimited,Asmoli,UttarPradeshacross9villagesnearDhampurSugarMillsLtd.Asmoli.TheobjectiveoftheprojectistoorganizeHealthCamp,EyeCareCamp,Women&ChildCareCampandEyeCareCamp inallselected9villages.During thisperiod,atotalof11GenericHealthCamps,1Women&ChildCareCamp& 1 Eye Care Campwas organized, benefiting 1726 patients.Patientswereprovidedwithfreemedicalcounselling,ECG,BloodSugarandHaemoglobintestfacilities.DuringtheEyeCareCamp,128patientsbenefitedand85freespectaclesweredistributed.

B. PHDRDF-BSES Yamuna Power Ltd.BSES Yamuna Power Ltd. collaborated with PHDRDF and

extendedforanotheroneyeartoimplementaMobileHealthprojectinCentralandEastDelhi.Theobjectiveoftheprojectistoprovidebasichealthcareservicestothelow-incomeresidentialclusterofEastandCentralDelhi.Duringtheproject,atotalof144healthcampswillbeorganizedin16locationsbenefitingabout17,280patients.Duringthisperiod,atotalof16healthcampswereorganizedand1931 patients were provided with free medical counselling andmedicines.

D. PHDRDF- Sekisui-DLJM Pvt LtdSEKISUIDLJMPvt.Ltd.collaboratedwithPHDRDFtoundertaketheirCSRactivitiesduringthecurrentyear.Aprojecton“FREE

MOBILEHEALTHCAMPS”inGreaterNoidawasinitiatedonOctober12,2018withaflagoffceremony.TheinaugurationceremonywasorganizedinthepremisesofSEKISUIDLJMPvt.Ltd.inthepresenceofMr.RyosukeKusaka,CEO,SEKISUIDLJM;Mr.ShripalJain,Director,SEKISUIDLJM;Mr.AtulTyagi,Sr.VicePresident,SEKISUIDLJM;Dr.Kadambari,ChiefExecutive,PHDRDFalongwithrepresentativesfromSEKISUIDLJMPvt.Ltd.andPHDRDF.TheHealthCampswillbecoveringfourvillagesi.eMaycha,Chindabali,Fazyalpur&Shahpur inGreaterNoida,UP.Duringtheproject,atotalof80healthcampswillbeorganizedbenefitingapprox.8,400patients.Thehealthcareprogramwillfocusonprimarypreventive,clinicalanddiagnosticmedicalcareinwhichgenerichealthcamps,eyescreeningcamps,women&childcarecampsandhealthawarenesscampswillbeorganizedandfreemedicines,freebloodtestandfreespectacleswillbedistributed.

PHDRDF HEALTHCARE INTERVENTIONPHDRDFhasbeenactivelyconductingfreehealthcampsforthelow-incomepopulationinvariousgeographicallocationsacrossthe

countrytoincreaseaccesstohealthcare.AteamofaqualifiedDoctor,ANM,LabTechnicianandProjectCoordinatorarepresentforeachcampandareresponsibleforitssuccess.Emphasisisgivenongeneratingawarenessamongthecommunityonsanitation&hygiene,child&maternalhealth,waterbornediseases,communicablediseasesandothergeographybasedmedicalproblems.

A. PHDRDF- DIPTY LAL JUDGE MAL PRIVATE LTD.

Dipty Lal Judge Mal Private Ltd. collaborated with PHDRDF to undertake their CSR activities during the current year. A project on “FREE MOBILE HEALTH CAMPS” in Noida was initiated on October 8, 2018 with flagging off an ambulance van. The MoU signing and inauguration ceremony was organized in the premises of Dipty Lal Judge Mal Private Ltd in the presence of Mr. Dev Bhushan Jain, MD, Dipty Lal Judge Mal Private Ltd.; Ms. Aashima CSR Lead, Dipty Lal Judge Mal Private Ltd.; Mr Gaurav Jain, Dipty Lal Judge Mal Private Ltd; Mr. Sanjay Bhatia, Chairman PHDRDF along with representatives from Dipty Lal Judge Mal Private Ltd. & PHDRDF. The Health camps will be covering three villages i.e. Kulesara, Salarpur and Suthiyana in Noida, UP. During the project, a total of 80 health camps will be organized and approx. 8,400 patients will be benefitted. The healthcare program will focus on primary preventive, clinical and diagnostic medical care in which generic health camps, eye screening camps, women & child care camps and health awareness camps will be organized with free blood tests, distribution of free medicines and free spectacles.


PHDRDF SKILL DEVELOPMENT

PHDRDF WATER MANAGEMENT

PHDRDFhasbeenundertakingskilldevelopmentprogramswithvariouscorporateorganizationswithanaimtoenabletheunder-privilegedyouthtobeeconomicallyindependent.Theseprogramsincludetrainingin:stitching&tailoring,beautyculture,computerliteracyincludingtallysoftware,spokenEnglishlanguageandsoftskills.

PHDRDF has been constantly working towards recharging of ground water table through construction of Rain Water Harvesting Structures.

A. PHDRDF- Donaldson India Filter Systems Private LimitedPHDRDFandDonaldson IndiaFilterSystemsPvt.Ltdhaveextended theirpartnership foraproject titled “SkillDevelopmentof

WomenandAdolescentGirl”inMohammadpurGujjarvillage,SohnaDhani,Gurugram,Haryana.Thisprojectiscontinuouslybeingrunsince2016.Presently,80girlsarebeingtrainedincutting&tailoringandbeautyculturewithonebatchof20girlsineachcourse.Theobjectiveoftheprogramistoequipwomenandyounggirlswithincomegenerationskillsthroughskilldevelopmenttrainingincutting&tailoringandbeautycultureandtodeveloptheirpersonalitythroughEnglishspeakingandsoftskills.

A. PHDRDF-Coca Cola FoundationPHDRDF and Coca Cola Foundation,

Atlanta has come together to promotesustainable solutions for water resourcemanagementwithsurfacewaterconservationand ground water recharge throughconstruction of six check dams in Indore,Dhar and Hoshangabad districts of MadhyaPradesh. Three check dams have been dulycompleted and filled with water during themonsoon season. The dams still containwater even after more than two months ofreceivingwater.Thevillagersareveryhappywith theamountofwaterbeingcontained inthedamsandhavebeenappreciativeofCocaCola Foundation for supporting the project.Thesecheckdamswillhold457,950cumtsofwaterandwillimpactlivesof7800people.

B. PHDRDF – HEG LtdAnAgreement has been duly signedwith HEG Ltd to construct a check dam,

namelyBainadaWala inAlwar atRajasthan. The damwill benefit and impact 850acresofland.Theworkforthedamwillbeinitiatedduringthismonthwithagroundbreakingceremonyinthepresenceofvillagers.

C. PHDRDF- SS Kothari Mehta & Co.SSKothariMehta&Co.hasbeenatrustedpartnerofPHDRDFformorethana

decadeandhasbeencontinuouslycontributingtowardswaterharvestingprojects.Acheckdam,DantodiWalaatAlwarhasbeensponsoredtobeconstructedthismonth.Thecheckdamwill haveawaterholdingcapacityof1,68,000cumetersandwillbenefit4500people.

D. PHDRDF – Hero Future Energies LtdPHDRDF and CleanWind Power, Group Company of Hero Future Energies Ltd

hascometogethertoconstructwaterharvestingstructuresindistrictPratapgarhofRajasthan. Two check dams are being constructed in Pratapgarh in the vicinity oftheirmanufacturingunit.Thesecheckdamswillbenefitaround6027peopleinthreevillages.Theconstructionofcheckdam‘DojdaWala’isinfullprogress.Waterholdingcapacityofcheckdamwillbe46800cubicmeters.

B. PHDRDF-TCI FoundationPHDRDFandTCIFoundationhavepartneredfortheprojecttitled

“Enterprise Development - Low Cost Sanitary Napkin ProductionEnterprisebyWomenSelfHelpGroup”whichaimstoaddressthedualpurposeofeconomicempowerment forwomenandprovidelow-costsanitarynapkins to ruralwomenandadolescentgirls inand around Jamhar Village, Khunti District of Jharkhand throughenterprise development of manufacturing low-cost sanitarynapkins.Athreedaystrainingformanufacturingsanitarypadswasconducted,inwhichaspecializedtrainertrainedthewomen.EightwomenareengagedfortheprojectandarebeingenrolledinwomenSHG model. After training, women have started manufacturingthepadsindependently.TheProjectwasreviewedbyDr.MunishChander,CSRHead,TCIFoundationearlythismonth.

Meeting of women SHG with Dr. Munish Chander, TCI, Dr Kadambari CEO PHDRDF


NEW MoUs

S No. Name of the MoU Date of Signing

1 DubaiExports(DE) January29,2017

2 ConfederationofNepaleseIndustries(CNI) August10,2017

3 ManagementAssociationofNepal August10,2017

4 CABInternational August21,2017

5 BALKANIndianBusinessAssociation,IndianChapter,NewDelhi October16,2017

6 KuwaitChamberofCommerce&Industry October23,2017

7 IndianChamberofCommerceinSlovakRepublic November10,2017

8 HungarianChamberofCommerceandIndustry November20,2017

9 ALHILALPublishingandMarketingGroup,Bahrain November21,2017

10 FICCI(Phil)Inc. January26,2018

11 EurasianPeoples'Assembly,Moscow,Russia February28,2018

12 AlborzChamberofCommerce,Industries,MinesandAgriculture(ACCIMA) March8,2018

13 TehranChamberofCommerce,Industries,MinesandAgriculture(TCCIMA) March8,2018

14 PrivateSectorFoundationUganda(PSFU) March8,2018

15 PHDChamber&GhanaNationalChamberofCommerce&Industry March12,2018

16 NationalConfederationofEntrepreneurs(Employers)OrganizationsofAzerbaijanRepublic

March13,2018

17 AzerbaijanExport&InvestmentPromotionFoundationBaku,Azerbaijan March13,2018

18 TheAzerbaijanRepublicChamberofCommerceandIndustryBAKU,Azerbaijan March14,2018

19 TAIPEIWorldTradeCentre April17,2018

20 TheChamberofCommerce&IndustryoftheRepublicofMoldova May7,2018

21 TheNetherlandsIndiaChamberofCommerceandTrade May24,2018

22 GovernmentofAndijanCity,RepublicofUzbekistan May26,2018

23 F6SNetworkLimited June5,2018

24 KenyaNationalChamberofCommerce&Industry,Nairobi,Kenya(KNCCI) June11,2018

25 PrivateSectorFederation,Rwanda July24,2018

26 ConfederationofNepaleseIndustries(CNI) August1,2018

27 India–NewZealandBusinessCouncil(INBC) September5,2018

28 BulgarianChamberofCommerceandIndustry,Bulgaria September5,2018

29 GlobalCEOClub,SEOUL,SouthKorea September7,2018

30 AssociationofSmallandMedium-SizedEnterprisesandCraftsoftheCzechRepublic September7,2018

31 BucharestChamberofCommerceandIndustry,Romania September19,2018

32 ChamberofCommerceAndIndustryofCoteD’ivoire September21,2018

33 ChamberofCommerceAndIndustryofAntananarivo,Madagascar September28,2018

34 ChamberofCommerce&IndustryAnosy,Madagascar September28,2018

International


NEW MoUs

Domestic

S No. Name of the MoU Date of Signing

1 GujaratChamberofCommerce July20,2017

2 SkyInnovationTechLabsPvt.Ltd(Signcatch) July26,2017

3 PawanHansLimited October11,2017

4 TheFederationofTelanganaandAndhraPradeshChambersofCommerceandIndustry

November20,2017

5 KalingaInternationalFoundation(KIF) December15,2017

6 IndianSocietyofHeating,RefrigerationandAirConditioningEngineers(ISHRAE) December21,2017

7 IndianPrinting,PackagingandAlliedMachineryManufacturers'Association January10,2018

8 FederationofKarnatakaChamberofCommerce&Industry February3,2018

9 SMERARatingLimited February5,2018

10 OrientalBankofCommerce March26,2018

11 TravelAgentsAssociationofIndia March28,2018

12 RajasthanStateChapterandKashmirStateChapter March29,2018

13 GuruNanakDevUniversityAmritsarPunjab April6,2018

14 GovernmentE-Marketplace April18,2018

15 TechnologyDevelopmentBoard(TDB) April25,2018

16 PunjabiUniversity,Patiala April25,2018

17 IndianYogaAssociation April29,2018

18 BioNESTatPanjabUniversity May10,2018

19 iSTART,ITDepartmentoftheStateGovt.ofRajasthan May11,2018

20 FederationofIndustryandCommerceofNorthEasternRegion(FINER) May15,2018

21 EngineeringCouncilofIndia May31,2018

22 InternationalCentreforEntrepreneurshipandTechnology(iCreate) June5,2018

23 IndiraGandhiNationalTribalUniversity,Amarkantak(MadhyaPradesh) June29,2018

24 TheEBGFederation,NewDelhi,India July12,2018

25 JawaharlalNehruUniversity(JNU) July20,2018

26 GlobalCompactNetworkIndia July20,2018

27 OFBTECHPvt.Ltd July30,2018

28 EnergyEfficiencyServicesLtd July31,2018

29 SouthernIndiaChamberofCommerceAndIndustry(SICCI) August20,2018

30 UttarPradeshBrajTeerthVikasParishad(UPBTVP) August31,2018

31 BIOAYURVEDA September10,2018

32 BundelkhandUniversity,Jhansi September13,2018

33 DepartmentofManagementStudies,KashmirUniversity September24,2018


NEW MEMBERS

ORDINARY CATEGORY

Ms. Divvya NirulaProprietorARTFROMUS

Mr. Navin Kumar Mittal GeneralManagerKramInfraconPvt.Ltd.

Mr. Pravin JoshiDirectorNestCompleteEducationLLP

ORDINARY CATEGORY

Mr. Gaurav GroverDirectorJRGHospitalityPrivateLimited

Mr. Naman Jain ManagingDirectorSleuthsIndiaConsultancyPrivateLimited

New Members September

New Members October

Ms. Ruchi Kalra DirectorOxyzoFinancialServicesPvt.Ltd.

Mr. Jagdish Chandra VyasPerproPriyankaJiExports

Mr. Pankaj RaiManagingDirectorQualityAustriaCentralAsiaPvt.Ltd.

PROFESSIONAL CATEGORY

Mr. Lalit Mohan Asthana AdvocateLalitMohanAsthana

Mr. Rajesh BajajDirectorPMPublishersPvt.Ltd.

PROFESSIONAL CATEGORY

Mr. Kunal Madan AdvocateKMALawOffice

ASSOCIATION CATEGORYMs. Charu Jain ManagingTrusteeAdvitFoundation


SCHEDULE OF EVENTS / MEETINGS OF PHDCCIS. No.

Programme Title Date Time Venue

1 Dilli: Kal, Aaj aur Kal“Towards a Sustainable and Smarter Delhi”

17 November 2018 2.00 pm to 7.00 pm NDMC Convention Centre, New Delhi

2 4th PHD Air Cargo Summit 20 November 2018 9.30 am PHD House, New Delhi

3 Meeting of Managing Committee 20 November 2018 4.00 pm PHD House, New Delhi

4 Global Homelife – International Autumn Trade Fair 20 to 22 November 2018

Expo Centre, Sharjah

5 Health, Fitness, Wellness Expo 22 to 24 November 2018

22 to 24 November 2018

6 Festival De La India - Exclusive India Products Exhibition 26 to 28 November 2018

10.00 am to 6.00 pm Santiago, Chile

7 Business and Startup Conference 2018 27 November 2018 9.30 am PHD House, New Delhi

8 Interactive Session on GSTR 9 Annual Return and GST Audits

28 November 2018 2.30 pm to 5.30 pm Park Plaza, Ludhiana

9 Interactive Session on Business Houses on a Growing Curve - Relevant Tax Issues and Recent Developments

28 November 2018 5.30 pm to 8.00 pm Park Plaza, Ludhiana

10 PharmaMed 2018 29 November 2018 9.00 am to 6.00 pm PHD House, New Delhi

11 Conference on Transforming Urban Mobility in India & Role of Electric Vehicles

29 November 2018 9.45 am PHD House, New Delhi

12 India Connect - Annual Summit 30 November 2018 Le Meridien, New Delhi

13 National Oil & Gas Summit -2018 4 December 20018 9.30 am PHD House, New Delhi

14 Industry 4.0 Global Summit 6 December 2018 9.30 am PHD House, New Delhi

15 PITEX - 2018 6 to 10 December 2018

10.00 am to 8.00 pm Ranjeet Avenue, Amritsar, Punjab

16 National Conference on Demystifying Aadhaar 7 December 2018 9.30 am PHD House, New Delhi

17 HVAC Expo 9 to 11 December 2018

ADNEC, Abu Dhabi

18 TEKNO – International Industrial Trade Fair 9 - 11 December 2018 ADNEC, Abu Dhabi

19 India participation at 25th Edition IRAN PRINT PACK 13 - 16 December 2018

9.30 am to 6.00 pm Tehran Permanent Fair Grounds, Tehran, Iran

20 India Luxury Conclave Luxury, E-commerce, Retail & Lifestyle

14 December 2018 The Leela Palace, New Delhi

SCHEDULE OF EVENTS


The Focus News, New Delhi, October 6, 2018

The Central Chronicle, Raipur, October 10, 2018

The Pioneer, New Delhi, October 10, 2018

MEDIA BUZZ


MEDIA BUZZ

The DNA, New Delhi, September 7, 2018

The Hindustan Times, New Delhi, September 29, 2018

The Business Standard, New Delhi, September 29, 2018


PHD CHAMBER OF COMMERCE AND INDUSTRYPHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi - 110016

Tel: 91-11-26863801-04, Fax: 91-11-26855450, 49545451 Email: [email protected] Website: www.phdcci.in

Int PHD CHAMBER

xhibitions e rnational toAPRIL - 2018

MARCH - 2019

26th -29th January, 2019

CHRISTMASWORLD FRANKFURT 2019& PAPER WORLD

Frankfurt, Germany

14th -19th March, 2019

Baku, Azerbaijan

2ND BEST OF INDIA

FOR PARTICIPATION AND FURTHER DETAILS, PLEASE CONTACT:

Naveen Seth, Principal Director, Trade Fairs & Exhibitions E-mail: [email protected]

26th -28th November, 2018

FESTIVAL DE LA INDIA

Santiago, Chile

25TH IRAN PRINT & PACK

13th - 16th December, 2018

Tehran, Iran

BANGLADESH PLASTICS, PRINT &PACKAGING INDUSTRY FAIR

Dhaka, Bangladesh17th - 20th January, 2019

130 | PHD Chamber Bulletin November 2018130 | PHD Chamber Bulletin November 2018

ARCHIVES

Business Mission to Ethiopia

A10memberPHDChamberBusinessMission, led by Mr. Ashok Kajaria,President, PHD Chamber, visited

EthiopiafromNovember15-17,2010.Thedelegation visited the capital city AddisAbaba.ThedelegationmembersincludedMr. Sanjeev Agarwal, Vice President (Fin&Corp.Strategy),KajariaCeramicsLtd.;Mr. Vinod Kumar Bansal, Director, FicusSecurities(P)Ltd.;Mr.MukundChoudhary,Managing Director, Spentex IndustriesLtd.;Mr.RajaRamDalmia,Chairman,PGIndustry Ltd.; Mr. Rakesh Chand Gupta,Managing Director, RPS InfrastructureLtd.;Mr.SharadJaipuria,Chairman&MD,Ginni International Ltd.; Mr. SudarshanDas Mundhra, Director, Simplex ProjectsLtd.; Mr. Sanjeev Sardana, ManagingDirector,YamunaPowerandInfrastructureLtd.andMs.ShabnamPareek,Secretary,InternationalAffairs,PHDChamber.Theobjectivewastostudythemarket

in the country in the changed scenario,exploreandidentifyareasforpromotionofbilateraltrade,jointventureopportunities,transfer of technology and marketingtie-ups, and also to establish businesscontacts.The Ministry of Foreign Trade of

Ethiopia organized a special programmefor thedelegationwherat they invited theconcerned senior government officials/experts to make sectoral presentationsoninvestmentopportunitiesinEthiopiain

Interaction with Secretary, Environment cum Chairman, Delhi Pollution Control Committee

Agriculture,Textiles,Leather,WaterandEnergy,Mines,Education,etc.The delegation called on Mrs. Sinknesh Ejigu, Minister of Mines, Mr.

WondiradMandefro,Minister of State for Agriculture andMr. Tadesse Haile,MinisterofStateforIndustry,GovernmentofEthiopia.

TheDelhi&NCRCommitteeorganizedan interaction with Shri RajeevTalwar, Secretary, Environment

cum Chairman, Delhi Pollution ControlCommittee (DPCC) onMarch 8, 2000 atPHDHouse,NewDelhi.Shri V.N. Dalmia, Chairman, Delhi &

NCRCommitteeexpressedtheChamber’sconcern over the rapid closure andprosecution of industries dischargingeffluentsintotheriverYamunaasaresultoftherecentSupremeCourtOrder.Shri Rajeev Talwar addressed the

members on the modalities, guidelinesand procedures for setting up EffluentTreatment Plants. He informed that a listof consultants and approved laboratoriesisbeing finalizedbyDPCC in this regard.Hecalledupon the industry to takestrict

measures to install on emergent basispollutioncontrolequipments.Heinformedthatthepollutionlevelsinthemajordrains

inthecityhavereducedaftertheclosure of industry as reportedbyCPCB.


Total No. of Pages - 132RNI No. 34665/79

Registration Number DL-SW-1/4095/2018-2020Date of Publication - Published on 6th NovemberDate of Posting - 7th / 8th of same month

Printed by Dr Mahesh Y Reddy, Secretary General, PHD Chamber of Commerce and Industry, Published by Dr Mahesh Y Reddy on behalf of PHD Chamber of Commerce and Industry, Printed at Gokul Offset (P) Ltd, D - 159 A Okhla Industrial Area, Phase-I, New Delhi-110020

published at PHD Chamber of Commerce and Industry, PHD House, 4/2 Sri Institutional Area,August Kranti Marg, New Delhi - 110016, Editor - Dr Mahesh Y Reddy

PHD House is a prestigious, most conveniently, approachable, as located in the heart of South Delhi and suitably equipped venue for corporate and business events. It provides facilities to suit specific requirements, backed‐up by excellent infrastructure with 100% power back up such as latest public address system, audio‐visual facilities, etc. Our meeting rooms provide a bespoke setting and serene atmosphere that are ideal for exclusive business networking events, conferences, Seminars, Board Meetings, Interviews, Annual General Meetings, Academic Discussions, exhibitions, panel discussions, cultural programmes, training programmes, Audio – Video presentations etc. Our meeting rooms tend to a make difference in the way you do your business.

• Lakshmipat Singhania Auditorium: ( Capacity : 250 ) A beautifully architectured Auditorium with its well designed

soothing interiors & acoustics and capacity to seat 250 people. It is ideal for AGMs, Seminars, Conferences and Cultural & Social Programmes.

• Modi Exhibition Hall (Capacity : 60 to 90 ) Well designed especially for Exhibitions / display of products

and for conducting Training Programmes / Workshops / Audio‐visual presentations.

• Raunaq Room ( Capacity : 70 ) A well designed Conference Room for Seminars, Panel

Discussions and High Profile Corporate Meetings.

• Shriram Hall (Capacity : 90 ) Well designed for conducting Training Programmes/

workshops/Audio‐Visual Presentations.

• Mohta Room (Capacity : 25) Ideal for Board Meetings and Small Meetings.

• Arbitration Hall (Capacity : 12‐15) Arbitration Hall which will enable the members to hold small

Conferences, Arbitration hearings for max 12‐15 paxs at competitive rates.

• The RE Walker & JC Chandiok Library The Library' Lounge & Café shall provide an exclusive and

elegant ambience with gourmet catering and a well‐stocked bar at reasonable prices for our members to conduct their business meetings, for hospitality or simply as a tranquil place to relax.

The Chamber's approved Caterers at the rates/menus approved by the Chamber provide

catering facilities in PHD House.

For futher Details Contact :- Mr. Ajay Bansal, E-mail: [email protected]

Mohta Room Mohta Room

Lakshmipat Singhania Auditorium: Lakshmipat Singhania Auditorium:Modi Exhibition HallModi Exhibition Hall

Raunaq Room Raunaq Room

Shriram Hall Shriram Hall

Arbitration HallArbitration Hall

The RE Walker & JC Chandiok LibraryThe RE Walker & JC Chandiok Library

Conference FacilitiesConference FacilitiesPHD house, New Delhi


• Lakshmipat Singhania Auditorium: ( Capacity : 300 ) A newly designed, aesthetically architectured fully air‐

conditioned Auditorium with well‐designed soothing interiors, excellent acoustics and modern & professional audio visual facilities has a seating capacity of more than 300 people. The Auditorium is ideal for conducting large meetings, seminars, conferences, exhibitions and cultural & social programmes.
















Modi Exhibition HallModi Exhibition Hall






Lakshmipat Singhania Auditorium: Lakshmipat Singhania Auditorium:


• Lakshmipat Singhania Auditorium: ( Capacity : 300 ) A newly designed, aesthetically architectured fully air‐

conditioned Auditorium with well‐designed soothing interiors, excellent acoustics and modern & professional audio visual facilities has a seating capacity of more than 300 people. The Auditorium is ideal for conducting large meetings, seminars, conferences, exhibitions and cultural & social programmes.





















Lakshmipat Singhania Auditorium: Lakshmipat Singhania Auditorium:

Modi Exhibition HallModi Exhibition Hall

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