sj_admin
July 15, 2017
In the quest to improve and sustain in the ever changing business environment, it is the endeavour of every organisation to provide the best products and services. Research and Development is vital to keep a check on the latest changes and innovations. Certain business segments viz. Pharmaceuticals, FMCG, Engineering goods, Aviation, Defence Production, Electronic goods need to be abreast with the changes around the globe and improve on a recurring basis. With many of these companies registering their presence in various countries, they have to comply with numerous laws and regulations. As the world innovates each moment, the R&D has a long way to go to witness the shrinking of the world.
sj_admin
July 15, 2017
In any large democracy, NGOs run a parallel government. The Indian story is no different. NGOs are actively vibrant in taking forward India’s growth story. The socio-economic scenario in India has changed dramatically over the years barring the underpriveleged and thus, highlighting the role of non-profit organisations. India has more than 3 million NGOs registering their comprehensive presence in all the sectors across India. They have helped in providing employment, starting a business venture, battling legal cases, imparting education and scores of other causes. With the growing population and disparity, the role of NGOs becomes all the more relevant. However, in the recent past, the Government has become more stringent towards NGOs in terms of legal formalities and regulations.
sj_admin
July 15, 2017
India is the world’s largest sourcing destination for information technology (IT) industry. IT has provided copious jobs and has put India on the growth engine. Almost every Indian bank offers e-services and encourages plastic money. Indians stand 2nd in ‘facebook’ membership after the US. Perhaps that is the reason Indians rank amongst the top five countries in terms of digitalisation maturity. India has witnessed manifold increase in e-commerce companies and start-ups and cross-border online shopping by Indians is expected to increase 85 per cent in 2017, and total online spending is projected to rise 31 per cent to Rs 8.75 lakh crore (US$ 128 billion) by 2018. The Government has been instrumental in following the technological route. ‘BHIM’ app, ‘Digilocker’, e-aadhar are some of the initiatives taken by the government. IT has always been a blockbuster industry for India and with its broadening avenues; it is poised to grow more.
sj_admin
July 15, 2017
Education in India has been a witness to numerous changes over the years. India is relatively young and the education sector is imperative to grow. The Government has made a 10% increase in the budget allocation towards education taking the outlay to around Rs. 80,000 crores. Several new IITs, IIMs and AIIMS have established in the past few years and there are many which have been proposed. Rural India remains an unconquered territory for education. With the ambitious ‘Make in India’ programme of the Prime Minister gaining momentum, India shall need skilled jobs in the years to come and education shall play a pivotal role in the same. India is in dire need of good schools, quality colleges and equipped infrastructure to support them. Private universities and colleges have come up in the recent past as a parallel to the state run institutions and have earned their repute. This sector possesses tremendous potential for growth and business.
sj_admin
July 15, 2017
The recent trend in the media and entertainment industry has hinted towards a major upsurge especially in the advertising sector. The government of India has been instrumental in the industry’s growth by taking various initiatives and formulating favourable policies for example increasing FDI limit from 74 per cent to 100 percent in DTH satellite platforms and coming up with certain institutional and regulatory frameworks to ensure better access to finances. The union budget 2016-17 had proposed custom duty exemption on newsprint. With internet surpassing other mediums of advertising, television and print are still expected to remain the largest contributors of revenue from advertising.
