Archives July 2024

Education is important for the overall development of the country and women’s empowerment. Ravi Boseraju, the state youth leader of the Congress released the poster of the ongoing education awareness campaign “Complete Education for the Good of the Country” with the message that if girls are educated, the country will become rich.

In today’s world, education is essential if the youth are to live a life of equality, courage, and self-reliance. As the saying goes, “If a woman learns, a school is opened”, if a woman is educated, she will try to build an equal society by correcting the vicissitudes of the society.

He said that the women’s empowerment program is important by creating awareness about the importance of women’s education in rural areas through campaigns.

On this occasion campaign organizer KP Anil Kumar, municipal council members Timma Ruddy, Govinda Ruddy Uppet, Janardhan Hallibenchi, Mallesha, Sharanbasavaraddy, Shastri, Manikantha Khanapur, Kira, and many others were present.

Young FICCI Ladies Organisation (YFLO) and Ministry of Mind, Body, and Soul Honour the Valour and Sacrifice of Indian Air Force Heroes to Commemorate the 25th Kargil Vijay Diwas

New Delhi, July 27, 2024: In a heartfelt event organized by the Young Ficci Ladies Organisation (YFLO) Chairperson, Dr. Payal Kanodia & Ministry of Mind, Body, and Soul, the valour and sacrifice of our Indian Air Force heroes were celebrated to commemorate the 25th Kargil Vijay Diwas. The stellar event held at TER Hall, The Lodhi Hotel, New Delhi and chaired by Dr. Tania Nijhawan, featured inspiring conversations with two distinguished speakers who partook in Kargil War: Archana Kapoor (Retd. Sqn Ldr) and Air Veteran Group Captain Nitin Welde.

The event commenced with a welcome note by Pankhuri Mukim Nandy, who extended a warm welcome to all the esteemed guests and members of YFLO. She highlighted the significance of Kargil Vijay Diwas as a celebration of the indomitable spirit of the Indian Air Force, which played a pivotal role in securing India’s victory in the Kargil War.

Dr. Payal Kanodia, Chairperson of YFLO Delhi and the Ministry of Mind, Body, and Soul, expressed her profound respect and admiration for the heroes of the Indian Air Force in her opening remarks, “As we commemorate Kargil Diwas today, we are reminded of the immense bravery and sacrifice of our armed forces. Honouring the stories of Sqn Ldr Archana Kapoor and Group Captain Nitin Welde reaffirms our commitment to the extraordinary courage and dedication that define our warriors. It is my personal conviction that our security forces and border areas deserve unwavering respect, support, and active participation from each of us. Their valour inspires us to uphold the values of courage, honour, and selflessness.”

Archana Kapoor (Retd. Sqn Ldr) shared a precious takeaway token with the young ladies of YFLO: her personal power mantra, “Just Ask, And in All Probability, You Will Get What You Want”. As one of the first women pilots in the Indian Air Force, she recounted her inspiring journey and experiences during the Kargil War. Her story of perseverance and breaking barriers served as a profound source of inspiration to all present.

Air Veteran Group Captain Nitin Welde, a gallantry award recipient with over 5,000 hours of flying experience, also shared his remarkable experiences. He recounted his operations during the Kargil conflict and his unwavering commitment to duty, which has extended beyond his years of service. His dedication to youth development and nation-building was evident in his passionate address, leaving a lasting impression on the audience.

The event concluded with a special vote of thanks to Archana Kapoor (Retd. Sqn Ldr) and Air Veteran Group Captain Nitin Welde & Group Captain Sumit Malhotra followed by a session of networking and hi-tea, allowing attendees to engage with the esteemed speakers and fellow guests. The YFLO and the Ministry of Mind, Body, and Soul reaffirmed their commitment towards supporting the veterans and their families, ensuring they receive the respect, care, and recognition they deserve. The commemoration of Kargil Vijay Diwas was not just a remembrance but a celebration of the extraordinary feats of India’s brave men and women in uniform.

Hyderabad, July 27, 2024: The HR Committee of the Federation of Telangana Chambers of Commerce and Industry (FTCCI), the 107-year-old Trade and Commerce body on Saturday organised a full-day HR Conclave at Federation House in Red Hills in the city.

The conference with the theme ‘Work, Employment and Industrial Relations’ was inaugurated by the Chief Guest Sri Chandrasekharam, Joint Commissioner of Labour, Govt. of Telangana and Guest of Honour Rajesh Khosla, CEO, AGI, Greenpac.

Addressing the 100-plus gathering, Sri Chandrasekharam, Joint Commissioner of Labour, Govt. of Telangana said things are changing, technology is changing, so also the HR Laws to keep pace with the developments.

The labour departments across the country are gearing up for the implementation of new Labour Codes in India. The four new labour codes proposed are the Code on Social Security 2020, Occupational Safety, Health and Working Conditions Code 2020, Industrial Relations Code 2020, and Code on Wages 2019. These were proposed with a motto of ease of doing business. The union government consolidated 29 central labour laws (out of 44 existing central laws) into four labour codes, he said.

The Government has to be the facilitator. We need to ensure a conducive environment. When foreign companies come to invest here, they should not get culture shock. We need to create a friendly environment, he said. The way forward to the future is maximum governance and minimum Government.

While delivering the keynote address, the guest of honour Rajesh Khosla said India is the youngest nation in the world. The mean age of India is 28 years, China 38, USA 40, Europe 45 and Japan 50. This means 70 to 80 crore population of the 140-crore population of our country is in the pipeline of employment. It is a big challenge for HR (Human Resources) to engage these youth.

The global economy is 93 trillion US $. China’s economy is 18 trillion, which constitutes 20 to 22% of the global economy. All the countries across the globe are eyeing to buy products from India as a manufacturing base is shifting to India. Is India prepared in terms of offering the quality of products, and good behaviour? We are buying the best of the best machines and processes. But where are the people to run them? he asked.

India is experiencing a very peculiar situation. On the one hand, we have a lot of unemployed people. Our youth is jobless. On the other hand, companies are crying for employees. The problem lies in the skill gap. It is the job of the HR professionals to train the unemployed youth and make them job-ready, he said.

Another big challenge which will loom large soon Rajesh Khosla said is the dependence of the workforce/labour from UP and Bihar. In the recent union budget, a lot of sops were announced for Bihar. If Bihar grows industrially because of these sops, it will generate employment for local people. And the labourers who were coming to Telangana to work will find employment in their state. This will result in a shortage of the labour force and poses a major challenge for the HR Fraternity.

Speaking of HR challenges, Rajesh Khosla said that manufacturing is shifting to India. HR needs to prepare the workforce for the same as well. The Western population is getting old and Indians are young. The Indian young population has a Western outlook. We must make employment interesting and attractive to them. Otherwise, the cream of the talent will go to the west for greener pastures.

China, after losing many companies’ manufacturing bases, is pumping a lot of money into India to create industrial unrest. It may be a politically sensitive matter, but it is the ground reality…

The African continent can throw a big challenge to India in future. It is a younger continent than India and more laborious than us. They are rich in minerals. The only drawback they have is the ecosystem. This can pose the biggest threat to the Indian economy.

The resources required in a business constitute 4 Ms: – Manpower, Money, Material and Method. Managing these 4 Ms efficiently can give you a competitive advantage. And they are under your fold, Rajesh Khosla told the HR Professionals.

Meela Sanjay, Chairperson of the HR committee of FTCCI in his introductory address said the labour codes have received the approval of both houses of the parliament as well as Hon. President’s assent. The final notification of making these codes effective is something which has been on the anvil for some time now. Now that the elections are over and the new government is in place, the implementation of the labour codes may take centre very soon.

Countries across the globe are competing to get investments, vying with each other to make doing business simpler and easier for investors by way of removing the stringent restrictions on businesses. Employees play a key role in this area.

The full-day conclave had technical sessions such as Industrial Relations Code and Occupational Safety, Health and Working Conditions Code by Sri Niranjan Rao; Salient features of EPF Act by Sri J. Srinivas, Asst P.F Commissioner; Code on Wages and Code on Social Security by Sri S.V. Ramachandra Rao, Managing Director, HR Chambers; Highlights of New Indian Criminal Laws 2024 by G.V. Subramanyam, Hon’ble Chairman (Retd.), Industrial Tribunal 1, Hyderabad and HR Technology – AI Impact and HR Analytics by Sri K.J.A. Swarup, General Manager, HR (retd), ITC Ltd.

Ravi Kumar, Senior Vice President while proposing a vote of thanks said that HR must be the first department in any business set-up and should be accorded due credit because it manages people. It is the people who make or mar any organization, he added.

Knowledge Chamber of Commerce & Industry with the support of the Ministry Of MSME, has organized MSME CONVENTION 2024 celebrating its 6^th Annual Foundation Day in Ahmedabad.

Various government dignitaries from the MSME Department, Mr. TK Solanki Asst Director MSME DI, GovtOf India, SDBI, SBI, and others along with KCCI Chairman Mr. Durgesh Agarwal, KCCI Hon Secretary General Mr Bharat Patel were present during the convention. In this convention there were International Delegates like Mr. Alexandar Evtuk from Russia CSCP, Mr. Mehul Raval, Russia CSCP;  Mr. Steve Hickling, British Deputy High Commission; Mr. Evizal Abdul Kadir UIR, Indonesia; and Mr. Kyu Nam Kim, KOTRA South Korea.

In this convention, KCCI has signed an agreement to take Indian Delegation to Russia between the 20^th to 25^th October 2024 and exchange dialect and business opportunities for Indian Business with Russia.

The MSME CONVENTION 2024 had  500 plus participants and 25+ Exhibitors were present in the convention. In the evening there was a themed fashion Show on sustainable fashion. Bollywood legendary actress Ms Bhagyashree Dasani was invited to felicitate awards and grace the evening while sustainable clothing was being showcased by gorgeous models and students from Anant National University. More than 30 awards were presented to recognize businesses for doing phenomenal work in their respective sectors.

27th July 2024, Bhubaneswar: World Trade Day was celebrated yesterday by the World Trade Center (WTC) Bhubaneswar. Honourable Deputy Chief Minister of Odisha, Smt. Pravati Parida, who was the chief guest, highlighted the essential role of international trade in fostering the state’s growth. The event kicked off with Capt. Somesh Batra, Vice Chairman of WTC Mumbai, unveiling a new book.

Deputy CM Smt. Pravati Parida addressed the gathering, urging the business community to partner with the government in advancing the state’s international trade and economic progress. She highlighted the importance of empowering women entrepreneurs by offering them the training and skills needed for global exposure. She also mentioned her intention to explore options for providing land to WTC Bhubaneswar for constructing its own building and to link the Women’s Forum Bhubaneswar with Mission Shakti to promote tourism.

The event, hosted at Swosti Premium Bhubaneswar, aimed to update the business community on WTC Bhubaneswar’s initiatives, highlighting its efforts to provide international exposure, training, and networking opportunities.

The gathering included representatives from Indonesia and industry experts who discussed advancing the theme of international trade. Prominent attendees included Shri. J.K. Mohanty, C.M.D. of Swosti Group of Hotels, Mr. Ranjan Padhi, Rani Routray, and several national and international dignitaries.

During the program, WTC Bhubaneswar honored the exceptional achievements of MSMEs, small businesses, trade promotion organizations, companies, and businesses that have excelled in international markets by awarding them in various categories. These awards recognized their leadership, accomplishments, and best practices. Additionally, a Memorandum of Understanding was signed with the Orissa Small Scale Industries Association (OSSIA) Cuttack to explore collaborative opportunities aimed at helping Odisha’s MSMEs expand their market presence and enter global markets.

The day’s focus was on the importance of international trade for state and economic development. Smt. Nimeshika Natarajan, Assistant Director at WTC Bhubaneswar, along with her team, was pivotal in coordinating the successful event, which wrapped up with a dinner. The celebration highlighted WTC Bhubaneswar’s vital role in connecting the state to global trade networks and fostering economic growth of the state.

Mumbai / DELHI-NCR, July 26, 2024: The School of Visual Arts (SoVA), part of World University of Design (WUD), is now accepting online applications for its Master’s programs in Visual Arts for the academic year 2024. The school offers a variety of two-year Master of Visual Arts (MVA) programs, focusing on Contemporary Art Practice, Curation of Contemporary Art, and Art Education.

To streamline the application process, the university has ensured easy accessibility to necessary forms through its official website. Eligibility for admission requires Indian applicants to hold a Bachelor’s degree in Visual Arts or a Master’s degree in any field, while international applicants must demonstrate equivalent qualifications from recognized institutions.

These programs offer extensive networking opportunities through exhibitions, guest lectures, residencies, and workshops. They utilize advanced technology to enrich artistic expression and creativity, with a strong focus on engaging the public through art presentations, exhibitions, and installations. Embracing an interdisciplinary approach, the curriculum integrates aspects of art history, museum studies, anthropology, archaeology, and other disciplines, providing a comprehensive educational experience in visual arts and related fields.

One notable program is the MVA in Curation of Contemporary Art and Design, the first of its kind in India solely focused on Art Curation. This pioneering program explores art history, philosophy, and cultural contexts deeply, while teaching students how to create impactful exhibits and cultivate a unique curatorial style. Prospective students for any of the courses must submit a strong portfolio demonstrating their commitment and talent in Visual Arts. The application deadline is July 31, 2024, with continuous online exams held every Friday to aid in the admission process.

The School of Visual Arts provides scholarships based on entrance exam results and offers special support to children of defense personnel, educators, and individuals with national-level sports achievements. These educational programs prioritize creative expression, empowering students to develop their distinct artistic styles. The curriculum effectively blends modern technology with traditional methods and encourages public interaction through presentations, exhibitions, and installations.

SoVA maintains strong partnerships with renowned organizations, galleries, and companies like Niv Art Center, Art & Deal, Navya Art Gallery and many more. These partnerships provide students with essential opportunities for career growth and networking in the art industry.

Dr. Sanjay Gupta, Vice Chancellor of World University of Design (WUD), Sonipat, emphasized, “In our Master of Visual Arts program, we strive to cultivate an environment where creativity and academic rigor coexist. Our students not only develop technical skills but also gain a deep understanding of the cultural and historical contexts that shape contemporary art practices. With a strong emphasis on interdisciplinary learning and real-world applications, our graduates are well-prepared to become leaders in their respective fields. We are proud of our partnerships with renowned galleries and institutions, which provide our students with unparalleled opportunities for professional growth and development.”

Hyderabad, July 26, 2024: The three-day ‘TCT India 2024’ – India’s premier Interventional Cardiology Conference – organized by FACTS Foundation – a non-profit organisation of Cardiologists and Cardiac Surgeons, committed to newer research, innovation, education and training; in association with Apollo Hospitals and Cardiovascular Research Foundation, (CRF) USA; will be held from July 26th to 28th, 2024 at the HICC, Hyderabad. Over 1200 delegates comprising of cardiologists and cardiothoracic surgeons from across India, South Asia and abroad, will be attending the conference. Distinguished faculty including 100 from India and 30 from abroad will showcase and enlighten the delegates with the latest advances in interventional cardiology. Chief Guest Dr Sangita Reddy, Jt. Managing Director, Apollo Hospitals; will inaugurate the TCT India 2024 conference on Friday.

The Conference will have sessions in various Interventional techniques like Hemodynamics, Intracoronary Imaging, Calcium Management, TAVR and other newer Innovations. There will be focused Live case-based learnings with nine live cases from USA, Germany and Australia and 12 live in box cases from various centres spread across India making it a truly Pan India National Event. Live cases will be followed by live case learning points, interactions and related lectures including interesting topics like Future of Structural Heart Interventions; Role of newer devices and interventions in Heart Failure management; Newer Canadian Classification of Acute MI & its relevance in clinical practice; Lifestyle and medical therapies for hypertension; and more.

Dr A. Sreenivas Kumar speaking on the occasion said, this is now the largest Conference of Interventional Cardiologists, with 400 delegates from India and abroad attending it. Several special techniques to deal with cardiac problems which hitherto needed cardiac surgery can be done today by interventional cardiology, through minor aperture, saving the patient from trauma, morbidity, and mortality. In the past when arteries were totally blocked, surgery was mandatory, now there are special techniques to clear the blocked arteries, several such new techniques will be demonstrated and deliberated in this conference. One of the interesting topics for deliberation is, how to survive without getting heart attack for over 100 years, there is a magic drug which if taken as a vaccination every six months, heart attacks can be prevented. Stress, smoking, dietary habits, lifestyle changes are the cause for rise in the incidence of heart attacks. Some have a family history of high cholesterol leading to heart problems, there is relief for such patients with a new injection, which if taken like insulin can significantly reduce cholesterol and prevent heart attacks. It’s difficult to acquire so much knowledge from the most eminent specialists under one roof, this platform brings all of them together and makes the knowledge available in a nutshell to the delegates. The conference overall will address and educate the delegates on the latest techniques beneficial to the patients in terms of speedy recovery and being inexpensive to the possible extent.

Dr M Gokul Reddy, Sr Consultant Cardiologist, Apollo Hospitals, Jubilee Hills; said, the main objective of this Conference is to equip the youngsters in the latest techniques and make them efficient. We are adopting a deep diving training here, wherein each delegate will be trained from basics to the most complex of the aspects.

Dr PC Rath, Sr. Cardiologist, Apollo Hospitals, Hyderabad; said, TCT is the largest interventional council meeting in the world and Hyderabad is privileged to host such internationally acknowledged conference. This Conference attracts the best of the faculty showcasing the most latest techniques and the delegates equally look forward for this Conference every year, to learn the new techniques.

The renowned national and international faculty comprises of Dr Susheel Kumar Kodali M.D., Co-director, NYP/Columbia Valve Center Columbia University Medical Center USA; Dr A. Sreenivas Kumar, Director Cardiology & Clinical Research, Apollo Hospitals, Hyderabad; Dr Ajay J. Kirtane, Director, Columbia University Medical Center / New York-Presbyterian Hospital; Dr Martin B. Leon, Director of Cardiovascular Research and Education, Columbia University Medical Center / New York-Presbyterian Hospital; Dr Juan Granada, President & CEO Cardiovascular Research Foundation NewYork-Presbyterian/Columbia University Medical Center, New York, NY; Dr M Gokul Reddy, Sr Consultant Cardiologist, Apollo Hospitals, Jubilee Hills; Dr Ravinay Bhindi, North Shore Hospital, NSW, Australia; Dr Joanna Wykrzykowska, University Medical Center Groningen, Netherlands; Dr Miroslaw Ferenc, University Heart Center Freiburg, Germany; Dr Guilherme Attizzani, Cleveland University, USA; Dr Pratap Kumar, Meditrina Group of Hospitals, Maldives, Dr Saibal Kar, Los Robles Hospital, USA; Dr Ashish Pershad, Chandler Regional Medical Center, USA; Dr Fazilla Mallik, NHC, Bangladesh; Dr Geza Fontos, Gottsegen National Cardiovascular Center, Hungary; among others.

Bengaluru, 26th July 2024: Following the union budget 2024 announcement, TeamLease Services has analyzed the detailed provisions and identified the top sectors with the maximum potential for job creation in the coming year. The budget’s focus on job creation has paved the way for significant employment opportunities across various industries, promising robust economic growth.

Top Sectors with Maximum Job Creation Potential:

1. Financial Services:

The budget presents several employment opportunities in the BFSI sector through various initiatives. These include ₹10 lakh crore under PMAY-U 2.0 for affordable housing, expected to drive a 15-20% growth in job opportunities. Establishing over 100 new branches of India Post Payments Bank in the North Eastern region could result in an 8-10% increase in jobs within the payments bank sector. Additionally, a credit guarantee scheme for MSMEs, an increase in Mudra loan limits to ₹20 lakh, financial support for shrimp farming through NABARD, and new branches of SIDBI are set to boost rural and MSME employment, particularly in roles related to credit, sales, and relationship management, with an anticipated 10-15% increase in business loan-related positions. The budget’s emphasis on technology adoption, digitization, and GST simplification is expected to drive increased demand for fintech and digital banking specialists.

2. Power & Energy:

The government’s PM Surya Ghar Muft Bijli Yojana will provide free electricity to 1 crore households via rooftop solar installations, generating approximately 2000+ jobs in manufacturing, installation, and maintenance. Significant funding for the National Green Hydrogen Mission will create employment in research, production, and infrastructure. Developing Bharat Small Reactors and AUSC thermal power plants will also generate jobs in construction, operation, and maintenance. Power projects, including setting up of a new 2400 MW power plant at Pirpainti, and NTPC and BHEL will set up a full-scale 800 MW commercial plant using AUSC technology, creating approximately 1200-1500 jobs.

3. Infrastructure:

The budget lays a strong foundation for job creation and skill development through significant infrastructure investments. Projects like the Amritsar Kolkata Industrial Corridor, major road projects, and new power, airport, and medical facilities will drive regional development and create around 20 lakhs direct & indirect jobs in functions like industrial construction, manufacturing, logistics, civil engineering, plant construction, operation, maintenance etc. in eastern India, including states like West Bengal, Bihar, and Punjab. With funds provided for Visakhapatnam-Chennai Industrial Corridor and Orvakal node on Hyderabad-Bengaluru Industrial Corridor, it will eventually create jobs in the southern region as well. The ₹1.5 lakh crore interest-free loans to States and a total capital expenditure of ₹11,11,111 crore emphasize the government’s commitment to fostering employment and economic growth.

4. Manufacturing:

The credit guarantee scheme for MSMEs will facilitate term loans for machinery without requiring collateral, aiding in small business expansion. This will boost employment in states such as Maharashtra, Gujarat, Uttar Pradesh, and Madhya Pradesh. With nearly 50% of MSMEs based in rural areas, job opportunities in these regions will also see a significant increase.

The budget has allocated resources to facilitate the creation of investment-ready “plug and play” industrial parks with fully established infrastructure in or around 100 urban centers. By attracting diverse enterprises, these parks generate demand for a wide range of skills, thereby creating opportunities for both skilled and unskilled positions. Consequently, there is a potential to mitigate local unemployment rates significantly

The Employment Linked Incentive scheme aims to incentivize additional employment of 50 lakh jobs and benefit 30 lakh youth by reimbursing EPFO contributions. The three schemes under Employment-linked incentives include an allocation of Rs 1.09 lakh crore for job creation over the next five years, promising to generate additional job opportunities especially for the formal workforce across various sectors. Additionally, 1 crore youth will receive valuable exposure through internships in 500 top companies including Manufacturing industry over five years. These measures collectively promise a significant boost to employment and skill development.

5. Healthcare and Pharmaceuticals:

The government has proposed the exemption of customs duties on three cancer medicines and the reduction of duties on certain medical technologies like x-ray tubes and flat panel detectors under the Phased Manufacturing program, which is a significant move to enhance domestic healthcare capabilities. Although these measures fall short of expectations, they will make advanced cancer treatments more affordable and accessible, addressing a critical need due to the high costs of such treatments. The government has also allocated ₹2,143 crore for PLI for the pharmaceutical industry. Additionally, this initiative is expected to stimulate job creation in the healthcare sector, particularly in roles such as medical technologists, healthcare manufacturing workers, and supply chain coordinators. Major cities like Bangalore, Hyderabad, and Pune are likely to see a boost in employment opportunities, driving growth in medical technology and related industries.

6. Agriculture and Agri-Tech:

The Union Budget 2024-25 will significantly impact job creation in agriculture. Over two years, 1 crore farmers will be trained in natural farming, creating a minimum of 1 lakh jobs in training and bio-input centers. A review of agriculture research will generate roles in R&D, supported by private sector funding. The rollout of Digital Public Infrastructure (DPI) will also create jobs in IT, data management, and digital training as a digital crop survey is conducted in 400 districts. Effectively, the Agri-tech industry is likely to have about 20% job growth vis-à-vis last year.

7. Retail and E-commerce:

The establishment of dedicated e-commerce export hubs aims to boost online trade. Additionally, the Govt has reduced TDS on e-commerce from 1% to 0.1%. Currently, India’s e-commerce exports stand at a modest $2 billion compared to China’s $350 billion. The potential for growth is immense, with estimates suggesting that India’s e-commerce exports could reach $350 billion by 2030. While challenges such as banking issues persist, the government initiative is a crucial step towards tapping into this massive opportunity. The development of these hubs will not only enhance India’s global trade presence but also generate significant employment opportunities in logistics, technology, customer service, and marketing sectors. By fostering a robust e-commerce export ecosystem, India can create a multitude of jobs, driving economic growth and prosperity.

8. Tourism and Hospitality:

The government’s initiatives to enhance key religious and historical sites aim to boost tourism and create jobs across various sectors. Inspired by the successful Kashi Vishwanath Temple model, development projects at Vishnupad and Mahabodhi Temple corridors will boost tourism, creating jobs in hospitality, guiding tourists, and local services. Rajgir’s comprehensive development will create jobs in hospitality, retail, and local tourism services. Supporting Nalanda as a major tourist center will generate roles in tour operations, cultural preservation, and local crafts. These developments will significantly impact Gaya, Bodh Gaya, Rajgir, Nalanda, and various parts of Orissa, creating numerous job opportunities in these regions.

9. Education and Skill Development:

The Union Budget for 2024-25, with an allocation of ₹1.48 lakh crore for education, employment, and skilling, is set to create diverse job roles and boost employment in various cities. Key initiatives include: upgrading 1,000 ITIs, launching a new skill development scheme to train 20 lakh youth, and revising the Model Skill Loan Scheme to aid 25,000 students annually. Financial support for higher education loans will benefit 1 lakh students each year. This will generate roles such as vocational training instructors, content writers and developers, and skill development trainers. Major cities like Delhi, Mumbai, Bangalore, and Chennai, along with educational hubs like Pune and Hyderabad, will see significant job growth. Industrial towns and tourist centers like Rajgir and Nalanda will benefit, creating jobs in manufacturing, MSMEs, tourism, and hospitality. The initiative aims to enhance job security, foster a skilled workforce, and drive economic growth across urban and rural areas.

“The union budget has effectively addressed the need for job creation across several key sectors. The introduction of the employment-linked incentive scheme in the budget marks a significant advancement in reducing informal employment in the country. TeamLease Services is committed to supporting these initiatives and implementing strategies that will translate these policies into tangible employment opportunities, driving sustained economic growth,” said Kartik Narayan, CEO- Staffing, TeamLease Services.

New Delhi, India, 26th July 2024 – Panasonic Life Solutions India (PLSIND), a leading diversified technology company, today launched a new range of state-of-the-art Video Door Phones in India, tailored for the needs of builders and standalone households. The innovative lineup by Panasonic’s The System Solutions Division (SSD) includes Analogue, Hybrid and IP-integrated models: VL-VA514, VL-SA74, VL-SA611, VL-SA72, and VL-SA71, each designed with weather and vandal proof ratings enhancing the overall home security with 2 tier and 3 tier security features. This range will be available at retail outlets and authorized distributors across the country and Panasonic’s D2C store.

Commenting on the launch, Vijay Wadhawan, Director, System Solutions Division, Panasonic Life Solutions India said, “As the demand for integrated and sophisticated home security solutions continues to rise, we, at Panasonic, are committed to providing innovative products that cater to the evolving needs of our customers. This new range not only enhances security but also integrates seamlessly into modern smart home ecosystems, making it an ideal choice for contemporary residential developments and smart living. Backed by Japanese technology and with over 70 years of expertise in surveillance solutions, our new range of video door phones is equipped with state-of-the-art technology with robust performance, offering unmatched reliability and seamless connectivity. It delivers crystal-clear video quality, even when it’s dark, ensuring precise visitor identification. These advance devices allow homeowners to remotely monitor their premises while ensuring convenience and security. The new range offers flexibility and can be integrated with existing security solutions installed in residential spaces including apartment buildings, and single-family homes. We believe that these next-generation solutions will redefine home security in India, providing our customers with the peace of mind they deserve.”

The VL-VA514 model is a versatile video intercom system tailored for multi-floor installations, supporting up to four floors. The model features a hands-free video intercom for effortless communication with visitors, a high-definition door camera with 2MP resolution for crystal-clear video quality, and a weatherproof (IP65) and vandal-proof (IK10) design ensuring durability in all environments. Additionally, the VL-VA514 offers color night vision with white light for clear visibility even in low-light conditions. It supports both analogue and hybrid monitors, and RFID card unlock support for convenient and secure access. The system also features noise suppression and echo cancellation for enhanced audio clarity.

The VL-SA74 model is an all-encompassing IP video door phone solution designed for modern homes. Its standout features include a 7-inch-wide color screen for a large, vibrant display, a room-to-room intercom for seamless internal communication, and support for multiple indoor and outdoor units for versatile installation options. This model also boasts Wi-Fi and mobile app access for remote monitoring and control via the Panasonic SmartWiFi app, as well as alarm sensor integration and motion detection alerts for enhanced security.

Designed for hybrid connectivity, the VL-SA611 offers a hands-free video intercom and a high-definition door camera for superior video and audio quality. It supports the integration of multiple indoor and outdoor units, provides SD card support up to 256 GB for extensive storage capacity, and offers real-time monitoring through the Panasonic SmartWiFi app.

The VL-SA72 is a reliable video door phone system featuring analog CCTV camera integration for compatibility with existing security setups, 100-image storage with built-in memory along with SD card support of up to 32 GB storage capacity for convenient access to stored video clips, and electric lock integration for enhanced security control.

Lastly, the VL-SA71 model is a robust and essential video door phone model providing room-to-room intercom and electric lock integration as core security functionalities. It features a weatherproof and vandal-proof design, making it durable and reliable for various environments, and supports analog CCTV camera integration for easy integration with traditional security systems.

Key features:

High-Definition Video Quality: The new series boasts high-definition cameras, ensuring crystal-clear video footage for enhanced security monitoring.
Two-Way Communication: Features advanced two-way communication, allowing residents to speak directly with visitors from the safety and comfort of their homes.
Night Vision: Equipped with superior night vision capabilities, the video door phones ensure round-the-clock security.
Elegant Design & Premium Product: Designed to complement modern architectural aesthetics, the new series adds a touch of sophistication to any property.
Smart Integration*: Seamlessly integrates with smart home systems, providing a cohesive and intuitive user experience.
Remote Access*: With the accompanying mobile app, homeowners can monitor and interact with their video door phone & integrated lock from anywhere, providing peace of mind even when they are away.

Go Digit Q1 FY 2024-25 GWP grows 22% to Rs 2,660 crore;

PAT jumps 74% YoY to Rs 101 crore

Gross Written Premium Income: –

• In Q1 FY25, Gross Written Premium of the company stood at ₹ 2,660 cr compared to ₹ 2,178 cr in Q1 FY24, achieving a growth of 22.2%.

Premium Retention Ratio: –

• Premium Retention Ratio for Q1 FY25 is 76.2%, as compared to 76.9% in Q1 FY24.

Profitability: –

• Profit after tax for the Q1 FY25 stood at ₹ 101 Cr, compared to ₹ 58 Cr in Q1 FY24, growth of 74.1%.

Asset Under Management: –

•         As at June 30, 2024, our asset under management stands at ₹ 17,773 Cr, compared to ₹ 15,764 Cr as at March 31, 2024, grew by 12.7%.

Combined Ratio: –

• Combined Ratio for Q1 FY25 is 105.4%, as compared to 106.2% in Q1 FY24.