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IS INDIA HEADING TOWARDS A ‘V-SHAPED’ RECOVERY?

While economists debate over the ‘shape’ of recovery that the Indian economy will assume post-Covid and call for more measures, it is imperative that the upcoming Budget ensure greater social sector allocations, with a special focus on SMEs and vulnerable groups.

Dr A. Didar Singh

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The year 2020 has come and gone but the challenge of Covid-19 remains. Economically, the impact has been devastating across the globe and everyone is hoping for a better time in 2021 and 2022. The global pandemic has been abysmal for the global economy, with it impacting about 184 countries or over 90% of the world. Countries continue to grapple with containment strategies, with the most prevalent being lockdowns—especially after the second wave (as Europe is seeing). Both the IMF and the World Bank have predicted recession across most economies with global GDP growth plunging into negative territory. The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, predicts that the cumulative loss over 2020 and 2021would be around $9 trillion.

Economists project post-Covid economic consequences in the three primary scenarios of a ‘V-Curve’, a ‘U-Curve’, or an ‘L-Curve’. The first (V-Curve) predicts a quick and sharp upward recovery where the growth plunge is followed by an equally sharp recovery; the second (U-Curve) indicates a slow and painful recovery (this, according to many experts, is the most likely scenario); and the third (L-Curve) expects a continuing and sharp economic decline that does not see recovery for many years. Several economists predict this as the scenario for those emerging markets which are less able to engage big stimulus packages and often rely on commodity exports. Some are also talking of a ‘K-Curve’, where only some sectors (like digital, for example) recover, while others continue to go downhill.

The recently published Economic Survey by the Finance Ministry in India (prior to the Budget) says, “Real growth rate for FY21 is taken as -7.7 per cent (MoSPI) and the real growth rate for FY22 is assumed as 11.5 per cent based on IMF estimates”. The survey projects a ‘V-shaped’ recovery across all key economic indicators. That is very good news. Fortunately, the news from the health end matches this. First, since 16 January this year, the ‘world’s largest inoculation drive’ has been launched in India and we have two major vaccines, Covishield and Covaxin, that thousands are receiving across the country—over 37 lakh beneficiaries have already got their first shots. Second, the pandemic management itself has been exemplary. For instance, in Delhi, where there had been about 8,500 Covid cases in a single day in November—the highest in any city in the world—not only has the number of cases decreased, but the positivity rate has fallen below 0.5%! All over India now, there is very low transmission of the infection and things are looking up. After 68 days of a very hard lockdown last year, we saw a graded plan to reopen businesses that has kicked in with a Rs 20 lakh crore economic package to jumpstart the economy. India’s economic stimulus package, which was initially around 10 per cent of its GDP, has been subsequently raised to 15 per cent, and more is expected in the coming Budget.

From the upcoming Budget, not only is there an expectation of more funds to ensure economic recovery, but also for more funding for health, education and defence. This demand for greater social sector allocations comes before every Budget but what we really need to ask ourselves is how the existing allocations for health and education have been spent. Have they been optimal and best utilised? These are difficult questions, but in addressing them we may find that our existing structures of governance need tweaking too.

There is also expectation that the Prime Minister’s vision of an Aatmanirbhar Bharat or self-reliant India will be furthered. This is clear and important with the government playing a sterling role as facilitator and the ease of doing business continuing to improve. A further focus on manufacturing and the ‘Make in India’ initiative across the identified 25 sectors would also go a long way, especially post-Covid. SMEs and vulnerable groups need assistance. This also implies that the road to further economic reform would continue including incentives for greater digital adoption.

There are obviously those that feel that a V-shaped recovery is doubtful, seeing the results of 2020-21. However, the expected recovery matched in the Budget with the need for rationalisation of taxes and import duties remains imperative to ensure further trade facilitation that supports the economic recovery that the country desperately needs.

The writer is a former Secretary to Government of India and ex-Secretary General of FICCI. The views expressed are personal.

The recently published Economic Survey by the Finance Ministry in India projects a ‘V-shaped’ recovery across all key economic indicators. That is very good news. Fortunately, the news from the health end matches this. First, since 16 January this year, the ‘world’s largest inoculation drive’ has been launched in India and we have two major vaccines, Covishield and Covaxin, that thousands are receiving across the country—over 37 lakh beneficiaries have already got their first shots. Second, the pandemic management itself has been exemplary.

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WHEN BUDDING STARTUPS SHARE INNOVATIVE IDEAS WITH PANELLISTS

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In an invigorating session with NewsX, Supreme Incubator, a startup venture platform founded by Disha Singla and Tanvi Singla, presented a panel discussion, ‘Demo Day by Supreme Incubator’, wherein five budding startup companies presented their ideas and vision in the presence of an exemplary panel which consisted of business and entrepreneurial stalwarts who were also esteemed investors.

Supreme Incubator aims toward helping early age startups, especially those who are beyond the metropolitan areas and helping them build strong foundations from a very early stage and accelerate their growth. They hand-picked startups from a variety of companies across the country through a six-month-long program and provided them with a structural support system involving dedicated mental support, opportunities, and infrastructure. Supreme Incubator has been serving solutions for the young startups, creating a startup ecosystem, and helping them adapt to this new normal.

A demo day is an event that culminates this cohort program where companies, which are successfully graduated, can come to this platform to pitch to this panel of investors, who are successful entrepreneurs and capital venturists in their own right, to showcase their business idea and what does their product or company represents.

The panel constituted of some of the industry leaders who have actively contributed to the startup ecosystem and helped it to be stronger than ever. The panellists included Ashwin Srivastava, an IIT Bombay Alumni, Global Investor, VC/PE FIRM Founder, Government Advisor; Ashish Taneja, Partner at growX Ventures; Sandro Stephen, Regional Head, North India Operations, and Indian Angel Network; and Kshitij Shah, Principal, 3one4 Capital. Disha and Tanvi were also present while their finalised startup teams gave presentations to potential investors.

On an introductory note, Tanvi talked about Supreme Incubator and shared her experience of working with these young startups and how incredibly talented are the teams of different startups. The five startups pitched to the investors, followed by a Q&A session from the panellists and NewsX viewers.

The startups were: 

Startup 1: Bigdipper Exploration Space Technologies – Abhinesh Srivastava, CEO

Startup 2: TalkEng – Er. Subhra Deb, Founder & CEO, Sowarjit Baidy, Co-Founder & CEO, Sushmita Bhowmik, Co-Founder & CPRO, Subhendu Datta, Co-Founder & COO, and Shantanu Modak, Co-Founder & CMO

Startup 3: SoDo – Gaurav Sood, Founder & CEO

Startup 4: Edgenus – Jalaj Garg, Founder & CEO, and Priyansh Mahajan, Co-Founder & COO

Startup 5: Hyoristic Innovations- Hari Shankar Lal, Founder & CEO

Abhinesh made the first pitch whose startup- Bigdipper Exploration Space Technologies aims toward enabling access to space resources. Talking about the idea, he underlined that their goal is to develop cutting-edge robots for lunar and deep space missions which would further enable access to space resources that will have a life-changing impact on humanity. In the presentation, Abhinesh briefly described the roadmap of the company, the opportunities that await us in space technology, and the future goals of the company. “With 2.5 crore capital, we will be able to get the product ready by the end of next year,” he said.

The second startup to make their pitch was TalkEng, which is an ed-tech startup, aiming to revolutionise the process of learning any language, especially English. The team cited some relevant data that is obstructing young people to take up jobs, particularly in the corporate sector. They talked about their innovative idea of following a scientific approach to pave the way for English learners, citing the three crucial elements which are required to learn and achieve fluency in any language, that is Listen-Observe-Speak.

The third startup that gave the presentation was SoDo, founded by Gaurav, which is an on-demand B2B and B2C Hyperlocal platform with an intent to provide on-demand assured services for IT firms and businesses. Talking about the idea behind his company, he said, “Our company will help the clients in order creation wherein we will provide them freelancers, IT firms, and find out the best service to take depending upon their requirements to get their work done smoothly.” Gaurav underlined the post-funding predictions were stated to be at about 60 lakh wherein the major chunk would go in marketing.

The fourth presentation was given by Edgenus, founded by Jalaj, which is a one-stop destination to help you take a step ahead in your artistic passion. He asserted three major problems which might stop someone to discover and pursue arts—lack of learning opportunities, community exposure, and structured guidance in the artistic arena. The company aims to address such concerns through methods that include self-assessment, goal realisation to domain understanding, skill-building by providing the users with relevant informative content, and networking opportunities with the artists across the country.

The fifth and final startup that gave the presentation was Hyoristic Innovations. Introducing his idea to the panel, Hari stated that they aim to build high-tech solutions to mitigate space debris, making it safe for space explorations. He talked about the growing threat of space debris through his visual presentation and the current problems we are facing in that area. Hari said, “We plan to capture the eighth hidden device in the de-orbit using the ADR technique and intend to fill the gap in the debris through our services. Our service area includes ADR (Active Debris Removal) and mapping.”

On a concluding note, Disha talked about the plan ahead and stated that these startups have been an active part of the cohort. She added that the major focus would be to connect them with industry experts.

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ITV NETWORK COMMITS RS 100 CR TV SPACE FOR ROTARY RAHAT’S HEALTH MISSION

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On its mission to bring an effective change in India, Rotary Rahat is all set to roll out the world’s biggest health mission from July 2021. Led by a team of committed Rotarians all across the world, the mission will cover all of India. NewsX recently organised a special public service broadcast to spread awareness about the initiative, which was joined by Shekhar Mehta, incoming Rotary International president of 2021-22, Dr Naresh Trehan, Padma Bhushan and chairman of Medanta, Vivek Tankha, Member of Parliament and Rotarian himself, and Kartikeya Sharma, founder of ITV Network. 

In his opening remarks, Mehta highlighted the commendable work done by Rotary International in the past and said, “Rotary has been involved in many things and the biggest has been polio eradication. Over the years, the medical mission has become an important part of our work. In India, we do large camps with some of the best doctors offering their services. Various health check-ups are done, including surgeries if required. Rotary has an advantage because of its entire network. We have two lakh people whose motto is to serve the people in fields such as education, health, water, and sanitation. In the last ten years, we have done 25,000 paediatric heart surgeries and we want to do 35,000 heart surgeries for children.”

Dr Trehan said, “It is a privilege to be a part of an organisation like Rotary, which treats 50,000 people for free. Tankha has been very dedicated to the Rahat mission. I feel it is a worthwhile thing to do. In the middle of the Covid-19 pandemic, which has disrupted life in many ways, where people who need care have not been able to have access due to the fear of movement. The purpose of these camps is to detect morbidity and guide those people for the future. It has become more complex as many people have had Covid-19 and have already suffered the infection and the side effects are carried on, so I think this kind of camp takes into the huge population into consideration and the fact that those who desperately need help and are somehow unable to access it. We examine, diagnose and then treat them, this is the mission of the camps that are held around the country. Medanta will be backing it and we will be backing it more vigorously.”

He emphasised the points that need to be kept in mind while organising such camps, “The main concern is the safety of the personnel and the people who come to attend the camp. In this Covid-19 era, this has created a challenge. We will have to carefully plan our camps. It is going to be more time consuming and even more difficult to get the people. They have to be screened first for what they came to the camp for. Suppose people are in a separate situation, we will have to establish separate areas so all these things will have to be planned. If we go by the estimates of our vaccination drive, the government is expanding it with time. A large number of people who come to the camp are vaccinated and have completed their two doses of vaccination, and hopefully, they will develop immunity. A lot of the population has been covered by Ayushmann and that entitles them to treatment everywhere. All the members of the providers, healthcare providers who sign up for the scheme will be able to participate. The amount of money required to accomplish the mission and our million objectives are achievable now. We need connections everywhere. The way the population is covered by the Gold Card, the Ayushmann Card, we will have to recruit diagnostics and treatment wherever they need it. There may not be facilities in Kashmir itself, which means like us, institutions that are participating will help, so every speciality will be covered. We are ready to link with NGOs that are identifying people who cannot otherwise get access to healthcare.”

When asked the motto behind these camps, Tankha said, “In 2019, we had one lakh patients but the whole administration was with us. Thousands of surgeries took place. I remember doctors performing surgeries on those tribal women who otherwise may not have got a chance to live. When you see a leader like Shekhar who is willing to take mega projects it is all the more motivational and encouraging. We have 38 districts and 38 governors, Rotarians in all parts of India and each of them wanting to work. What could be a better situation than to serve the people of India? You are reaching healthcare to the unreached. We send patients to top hospitals.” 

Narrating his experience with Rotary, Kartikeya Sharma said, “I was part of the 2019 Rahat camp and saw what was happening. It was mind-boggling and motivated us at ITV Foundation as well to collaborate and take it to the furthest. Everything about Rotary is massive and what rotary as an organisation has been doing is fantastic. Rahat is a fantastic concept and it has reached millions of people in the last decade. When we spoke about it, I wanted to be a part of this organisation with names such as Medanta and Dr Trehan associated with it and the initiatives taken by the civil society which make healthcare possibilities happen.” He further committed Rs 100 crore worth of TV space across the ITV network to promote and take the mission to the farthest parts of the country over the next year.

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MAHARASHTRA BACK TO SQUARE ONE WITH SECOND LOCKDOWN

The state government’s decision to impose another lockdown is not a wise one since the losses would outweigh the benefits. What the state needs to do instead is ramp up its health infrastructure and Covid-19 testing, while letting citizens lead normal lives.

Shweta Shalini

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Maharashtra Chief Minister Uddhav Thackeray on Tuesday announced a lockdown for 15 days, taking the state back to square one. The state administration seems to have accepted defeat in the fight against Covid-19 and chosen the method of inaction.

Throughout the pandemic, Maharashtra has been the worst performer consistently. Now, with a disproportionately high fatality rate, the statewide implementation of Section 144, which will paralyse daily life, is another setback for its citizens. For a state which boasts of many urbanized centres, it has failed miserably in curbing the surge in infections and put pressure on its healthcare system. 

With 60,212 fresh cases, the number of active cases in Maharashtra stands at 593,042. Disturbing reports have begun to emerge from various parts of the state, from hospitals looting patients to a lack of beds resulting in deaths. The unavailability of Remdesivir has led to hoarding. Inadequate oxygen supply has been a cause of concern. People running from pillar to post to secure hospital beds, medicines and ventilator facilities has turned it into a tragedy on a mass scale. How did Maharashtra end up in such a precarious position while Delhi is holding on despite facing a surge too?

Inadequate testing and contact tracing by the government of Maharashtra, combined with a lax attitude, have led to Covid cases shooting through the roof. The Covid positivity rate has reached the dangerous threshold of 29%. Out of the 2.20 lakh tests done, approximately 63,000 have turned out to be positive cases, which indicates an appalling state of affairs. Overall, there have been 34 lakh cases out of 2.20 crore tests.

The positivity statistics in Maharashtra are way ahead of the all-India average of 5%. Meanwhile, Delhi, despite a high density of population, has a positivity rate which is not over the national average. Uttar Pradesh and Bihar are at 2% and 1%, respectively. Even a relatively urbanised and large state like Tamil Nadu has held its own with an impressive 6%.

Given the high occurrence of the infection in Maharashtra, evident from such a high positivity rate, there is an urgent need to ramp up testing. The state cannot fight Covid unless the true extent of the spread is known. Prime Minister Narendra Modi in his discussion with Chief Ministers has already sought increased testing along with widespread vaccination as a sustainable tool to fight the virus.

Maharashtra with its imposition of another lockdown is taking a step backwards. Last year’s experience has taught us that lockdowns are not a permanent or sustainable solution, but merely the postponing of the inevitable. The need of the hour for the state is to ramp up infrastructure and increasing testing, while letting normal life run as usual, until the positivity rates are in a comfortable position. This way the state may surely enter the list of badly hit Covid-infected states, but will succeed in saving lives by timely interventions.

The steep fall in the mortality rate in Maharashtra may either mean a sign of hope or be considered a result of undercounting due to a lack of reporting. Whatever the case, it is getting increasingly clearer that the economic costs of a lockdown far exceed the supposed benefits.

Unlike the previous year when the scientific community’s knowledge of the virus was limited, the world is better off today, especially with vaccines available in varying degrees of effectiveness. The original lockdown served its purpose of buying time and letting India manufacture a lot of medical items like PPE kits, which aided the fight initially and made the lockdown worthwhile. But now, we have reached a point where a lockdown will lead to diminishing returns in terms of the fight against Covid-19.

The author is a BJP spokesperson and former executive director of the Maharashtra Village Social Transformation Foundation. The views expressed are personal.

Continue Reading

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ITV NETWORK COMMITS RS 100 CR TV SPACE FOR ROTARY RAHAT’S HEALTH MISSION

Published

on

On its mission to bring an effective change in India, Rotary Rahat is all set to roll out the world’s biggest health mission from July 2021. Led by a team of committed Rotarians all across the world, the mission will cover all of India. NewsX recently organised a special public service broadcast to spread awareness about the initiative, which was joined by Shekhar Mehta, incoming Rotary International president of 2021-22, Dr Naresh Trehan, Padma Bhushan and chairman of Medanta, Vivek Tankha, Member of Parliament and Rotarian himself, and Kartikeya Sharma, founder of ITV Network. 

In his opening remarks, Mehta highlighted the commendable work done by Rotary International in the past and said, “Rotary has been involved in many things and the biggest has been polio eradication. Over the years, the medical mission has become an important part of our work. In India, we do large camps with some of the best doctors offering their services. Various health check-ups are done, including surgeries if required. Rotary has an advantage because of its entire network. We have two lakh people whose motto is to serve the people in fields such as education, health, water, and sanitation. In the last ten years, we have done 25,000 paediatric heart surgeries and we want to do 35,000 heart surgeries for children.”

Dr Trehan said, “It is a privilege to be a part of an organisation like Rotary, which treats 50,000 people for free. Tankha has been very dedicated to the Rahat mission. I feel it is a worthwhile thing to do. In the middle of the Covid-19 pandemic, which has disrupted life in many ways, where people who need care have not been able to have access due to the fear of movement. The purpose of these camps is to detect morbidity and guide those people for the future. It has become more complex as many people have had Covid-19 and have already suffered the infection and the side effects are carried on, so I think this kind of camp takes into the huge population into consideration and the fact that those who desperately need help and are somehow unable to access it. We examine, diagnose and then treat them, this is the mission of the camps that are held around the country. Medanta will be backing it and we will be backing it more vigorously.”

He emphasised the points that need to be kept in mind while organising such camps, “The main concern is the safety of the personnel and the people who come to attend the camp. In this Covid-19 era, this has created a challenge. We will have to carefully plan our camps. It is going to be more time consuming and even more difficult to get the people. They have to be screened first for what they came to the camp for. Suppose people are in a separate situation, we will have to establish separate areas so all these things will have to be planned. If we go by the estimates of our vaccination drive, the government is expanding it with time. A large number of people who come to the camp are vaccinated and have completed their two doses of vaccination, and hopefully, they will develop immunity. A lot of the population has been covered by Ayushmann and that entitles them to treatment everywhere. All the members of the providers, healthcare providers who sign up for the scheme will be able to participate. The amount of money required to accomplish the mission and our million objectives are achievable now. We need connections everywhere. The way the population is covered by the Gold Card, the Ayushmann Card, we will have to recruit diagnostics and treatment wherever they need it. There may not be facilities in Kashmir itself, which means like us, institutions that are participating will help, so every speciality will be covered. We are ready to link with NGOs that are identifying people who cannot otherwise get access to healthcare.”

When asked the motto behind these camps, Tankha said, “In 2019, we had one lakh patients but the whole administration was with us. Thousands of surgeries took place. I remember doctors performing surgeries on those tribal women who otherwise may not have got a chance to live. When you see a leader like Shekhar who is willing to take mega projects it is all the more motivational and encouraging. We have 38 districts and 38 governors, Rotarians in all parts of India and each of them wanting to work. What could be a better situation than to serve the people of India? You are reaching healthcare to the unreached. We send patients to top hospitals.” 

Narrating his experience with Rotary, Kartikeya Sharma said, “I was part of the 2019 Rahat camp and saw what was happening. It was mind-boggling and motivated us at ITV Foundation as well to collaborate and take it to the furthest. Everything about Rotary is massive and what rotary as an organisation has been doing is fantastic. Rahat is a fantastic concept and it has reached millions of people in the last decade. When we spoke about it, I wanted to be a part of this organisation with names such as Medanta and Dr Trehan associated with it and the initiatives taken by the civil society which make healthcare possibilities happen.” He further committed Rs 100 crore worth of TV space across the ITV network to promote and take the mission to the farthest parts of the country over the next year.

Continue Reading

News Plus

WHEN BUDDING STARTUPS SHARE INNOVATIVE IDEAS WITH PANELLISTS

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on

In an invigorating session with NewsX, Supreme Incubator, a startup venture platform founded by Disha Singla and Tanvi Singla, presented a panel discussion, ‘Demo Day by Supreme Incubator’, wherein five budding startup companies presented their ideas and vision in the presence of an exemplary panel which consisted of business and entrepreneurial stalwarts who were also esteemed investors.

Supreme Incubator aims toward helping early age startups, especially those who are beyond the metropolitan areas and helping them build strong foundations from a very early stage and accelerate their growth. They hand-picked startups from a variety of companies across the country through a six-month-long program and provided them with a structural support system involving dedicated mental support, opportunities, and infrastructure. Supreme Incubator has been serving solutions for the young startups, creating a startup ecosystem, and helping them adapt to this new normal.

A demo day is an event that culminates this cohort program where companies, which are successfully graduated, can come to this platform to pitch to this panel of investors, who are successful entrepreneurs and capital venturists in their own right, to showcase their business idea and what does their product or company represents.

The panel constituted of some of the industry leaders who have actively contributed to the startup ecosystem and helped it to be stronger than ever. The panellists included Ashwin Srivastava, an IIT Bombay Alumni, Global Investor, VC/PE FIRM Founder, Government Advisor; Ashish Taneja, Partner at growX Ventures; Sandro Stephen, Regional Head, North India Operations, and Indian Angel Network; and Kshitij Shah, Principal, 3one4 Capital. Disha and Tanvi were also present while their finalised startup teams gave presentations to potential investors.

On an introductory note, Tanvi talked about Supreme Incubator and shared her experience of working with these young startups and how incredibly talented are the teams of different startups. The five startups pitched to the investors, followed by a Q&A session from the panellists and NewsX viewers.

The startups were: 

Startup 1: Bigdipper Exploration Space Technologies – Abhinesh Srivastava, CEO

Startup 2: TalkEng – Er. Subhra Deb, Founder & CEO, Sowarjit Baidy, Co-Founder & CEO, Sushmita Bhowmik, Co-Founder & CPRO, Subhendu Datta, Co-Founder & COO, and Shantanu Modak, Co-Founder & CMO

Startup 3: SoDo – Gaurav Sood, Founder & CEO

Startup 4: Edgenus – Jalaj Garg, Founder & CEO, and Priyansh Mahajan, Co-Founder & COO

Startup 5: Hyoristic Innovations- Hari Shankar Lal, Founder & CEO

Abhinesh made the first pitch whose startup- Bigdipper Exploration Space Technologies aims toward enabling access to space resources. Talking about the idea, he underlined that their goal is to develop cutting-edge robots for lunar and deep space missions which would further enable access to space resources that will have a life-changing impact on humanity. In the presentation, Abhinesh briefly described the roadmap of the company, the opportunities that await us in space technology, and the future goals of the company. “With 2.5 crore capital, we will be able to get the product ready by the end of next year,” he said.

The second startup to make their pitch was TalkEng, which is an ed-tech startup, aiming to revolutionise the process of learning any language, especially English. The team cited some relevant data that is obstructing young people to take up jobs, particularly in the corporate sector. They talked about their innovative idea of following a scientific approach to pave the way for English learners, citing the three crucial elements which are required to learn and achieve fluency in any language, that is Listen-Observe-Speak.

The third startup that gave the presentation was SoDo, founded by Gaurav, which is an on-demand B2B and B2C Hyperlocal platform with an intent to provide on-demand assured services for IT firms and businesses. Talking about the idea behind his company, he said, “Our company will help the clients in order creation wherein we will provide them freelancers, IT firms, and find out the best service to take depending upon their requirements to get their work done smoothly.” Gaurav underlined the post-funding predictions were stated to be at about 60 lakh wherein the major chunk would go in marketing.

The fourth presentation was given by Edgenus, founded by Jalaj, which is a one-stop destination to help you take a step ahead in your artistic passion. He asserted three major problems which might stop someone to discover and pursue arts—lack of learning opportunities, community exposure, and structured guidance in the artistic arena. The company aims to address such concerns through methods that include self-assessment, goal realisation to domain understanding, skill-building by providing the users with relevant informative content, and networking opportunities with the artists across the country.

The fifth and final startup that gave the presentation was Hyoristic Innovations. Introducing his idea to the panel, Hari stated that they aim to build high-tech solutions to mitigate space debris, making it safe for space explorations. He talked about the growing threat of space debris through his visual presentation and the current problems we are facing in that area. Hari said, “We plan to capture the eighth hidden device in the de-orbit using the ADR technique and intend to fill the gap in the debris through our services. Our service area includes ADR (Active Debris Removal) and mapping.”

On a concluding note, Disha talked about the plan ahead and stated that these startups have been an active part of the cohort. She added that the major focus would be to connect them with industry experts.

Continue Reading

News Plus

MAHARASHTRA BACK TO SQUARE ONE WITH SECOND LOCKDOWN

The state government’s decision to impose another lockdown is not a wise one since the losses would outweigh the benefits. What the state needs to do instead is ramp up its health infrastructure and Covid-19 testing, while letting citizens lead normal lives.

Shweta Shalini

Published

on

Maharashtra Chief Minister Uddhav Thackeray on Tuesday announced a lockdown for 15 days, taking the state back to square one. The state administration seems to have accepted defeat in the fight against Covid-19 and chosen the method of inaction.

Throughout the pandemic, Maharashtra has been the worst performer consistently. Now, with a disproportionately high fatality rate, the statewide implementation of Section 144, which will paralyse daily life, is another setback for its citizens. For a state which boasts of many urbanized centres, it has failed miserably in curbing the surge in infections and put pressure on its healthcare system. 

With 60,212 fresh cases, the number of active cases in Maharashtra stands at 593,042. Disturbing reports have begun to emerge from various parts of the state, from hospitals looting patients to a lack of beds resulting in deaths. The unavailability of Remdesivir has led to hoarding. Inadequate oxygen supply has been a cause of concern. People running from pillar to post to secure hospital beds, medicines and ventilator facilities has turned it into a tragedy on a mass scale. How did Maharashtra end up in such a precarious position while Delhi is holding on despite facing a surge too?

Inadequate testing and contact tracing by the government of Maharashtra, combined with a lax attitude, have led to Covid cases shooting through the roof. The Covid positivity rate has reached the dangerous threshold of 29%. Out of the 2.20 lakh tests done, approximately 63,000 have turned out to be positive cases, which indicates an appalling state of affairs. Overall, there have been 34 lakh cases out of 2.20 crore tests.

The positivity statistics in Maharashtra are way ahead of the all-India average of 5%. Meanwhile, Delhi, despite a high density of population, has a positivity rate which is not over the national average. Uttar Pradesh and Bihar are at 2% and 1%, respectively. Even a relatively urbanised and large state like Tamil Nadu has held its own with an impressive 6%.

Given the high occurrence of the infection in Maharashtra, evident from such a high positivity rate, there is an urgent need to ramp up testing. The state cannot fight Covid unless the true extent of the spread is known. Prime Minister Narendra Modi in his discussion with Chief Ministers has already sought increased testing along with widespread vaccination as a sustainable tool to fight the virus.

Maharashtra with its imposition of another lockdown is taking a step backwards. Last year’s experience has taught us that lockdowns are not a permanent or sustainable solution, but merely the postponing of the inevitable. The need of the hour for the state is to ramp up infrastructure and increasing testing, while letting normal life run as usual, until the positivity rates are in a comfortable position. This way the state may surely enter the list of badly hit Covid-infected states, but will succeed in saving lives by timely interventions.

The steep fall in the mortality rate in Maharashtra may either mean a sign of hope or be considered a result of undercounting due to a lack of reporting. Whatever the case, it is getting increasingly clearer that the economic costs of a lockdown far exceed the supposed benefits.

Unlike the previous year when the scientific community’s knowledge of the virus was limited, the world is better off today, especially with vaccines available in varying degrees of effectiveness. The original lockdown served its purpose of buying time and letting India manufacture a lot of medical items like PPE kits, which aided the fight initially and made the lockdown worthwhile. But now, we have reached a point where a lockdown will lead to diminishing returns in terms of the fight against Covid-19.

The author is a BJP spokesperson and former executive director of the Maharashtra Village Social Transformation Foundation. The views expressed are personal.

Continue Reading

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