PHD CHAMBER BULLETIN

Vol. XLII No. 7 July - 2020 ` 25

Interactive Session with Ms. Nirmala Sitharaman Union Minister of Finance and Corporate Affairs PHD Chamber Bulletin | July 2020 1 2 PHD Chamber Bulletin | July 2020 PHD Chamber Bulletin | July 2020 3 4 PHD Chamber Bulletin | July 2020 CONTENTS

Interactive Session with Country Director, World Bank ()

Monthly news bulletin of PHD Chamber

President Dr D K Aggarwal Senior Vice President CONTENTS Mr. Sanjay Aggarwal

Vice President PRESIDENT’S MESSAGE 6 Mr. Pradeep Multani

CHAMBER AT WORK 8 Editor: Mr. Saurabh Sanyal FOCUS STATES 68 Secretary General

HEADWAY Production Editor: Towards Inclusive Growth 72 Ms. Neelu Kapoor Economist & Bulletin Head COMMUNIQUE

India Inc. is the official publication of PHD Chamber of MoUs 85 Commerce 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 New Members 87 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. Media Buzz 89

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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

PHD Chamber Bulletin | July 2020 5 MESSAGE

President’s Message

Friends,

As we all are aware, the COVID-19 pandemic has affected our lives in an unprecedented manner. However, I firmly believe that crises can be a time of deep reflection and positive transformation, strengthening our capacity for lateral thinking and responsible decision- making process. With India presently undergoing ‘Unlock 2”, further easing of restrictions imposed during the initial phase of contagion spread, is a welcome measure in resuming and normalizing economic activities. It is indeed promising that amidst the global economic recession, India has retained its position as the third-largest economy in the world in terms of purchasing power parity, behind the US and China. I am also heartened that a few green shoots of recovery are visible across the country, though needless to say, much more efforts are required for full-fledged economic revival. In the farm sector, record rabi output and procurement are expected to spur rural demand during the current fiscal. Also, plentiful rain in June and forecast of a normal monsoon leading to an equally good kharif crop portends well for food inflation. Also, tractor, two-wheeler and passenger car sales are rising in rural areas which are in contrast to the urban slump. Having said this, I appreciate the Prime Minister for extending the ‘Pradhan Mantri Garib Kalyan Anna Yojana’, to provide free ration to over 80 crore people, mostly from the underprivileged section, by five more months, till November end. However, Dr D K Aggarwal

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I opine here that cash transfers boosted their operations and of travelling, from the comfort of are needed to support those who today we stand as the world’s their homes. Going forward, we have lost livelihoods owing to the second biggest maker of PPE kits, need to focus and leverage on lockdown, a much-needed move after China. the power of Digital Technologies to restore equity and stimulate It has come to notice that such as IoT, VR & AR, etc, as India demand in the economy. China has been resorting to emerges as a superpower. GST collections and electronic unfair trade practices. As a result, It gives me immense pleasure to waybills, though lower than last unfair competition from low-cost inform that the Chamber launched year, are gradually inching back imported products has impacted its International Virtual Meeting to pre-Covid levels; E-commerce the sentiments of domestic Platform with an objective to sales are back to almost 90 per manufacturers, resulting in support Indian Exporters and cent; and power and fuel is back in significant effect on production Manufacturers to connect with demand, all positive indicators of process and employment the existing buyers and reach out businesses getting back on track. generation. I opine that though to new buyers, across emerging More companies are embracing anti-dumping duties significantly markets. This an innovative digital, VR, and exploring other help in supporting the domestic and unique Virtual Platform is out-of-the-box innovative industry, the government should specifically focused to support solutions to sustain their business strictly impose quality assurance the MSMEs help India achieve its model, all positive indications of a norms to check import of mission of Self-Reliance. recovering economy. counterfeit products. On ‘International Yoga Day’ However, I must comment On the front of PHD Chamber’s in June, an exhilarating session that the lockdown did severely efforts, we were fortunate to have was organized by the PHD Family affect industry as it faced drastic a very fruitful interaction with Welfare Foundation and PHD disruptions of raw material Hon’ble Finance Minister, Ms. Chamber, in the esteemed virtual supplies, and mass backward Nirmala Sitharaman last month, presence of Yog Guru Swami rural migration, leading to almost wherein the Finance Minister Ramdev Maharaj, with special nil operations in several sectors. stated that the Government has mention on techniques to improve Given this situation, Prime Minister, always recognized the importance immunity in times of the novel Mr. Narendra Modi efforts to of wealth creators as they Corona Virus. I am a firm believer of boost local manufacturing and generate employment and utilize practicing Yoga every day to boost reduce India’s reliance on imports resources in an optimal manner, our immunity, stabilize the nervous is a welcome relief. These bold for promoting socio-economic system and balance the body and steps for making India self-reliant development in the country. We mind, aspects very important for indicate towards a larger role for presented our recommendations our mental and physical wellbeing. Indian entrepreneurs and start- to the Finance Minister for one- On this note, I, on behalf ups, to strengthen the local supply time restructuring of loans without of the PHD Chamber and its chain to integrate into the global affecting the classification, for industry stakeholders reassure supply chain. It’s time for India to COVID impacted sectors such as of our commitment to work become ‘Self Strong’ which means tourism, aviation, entertainment, wholeheartedly, while supporting develop its local market, structure real estate and automobiles. the Government and its machinery, an efficient mechanism for supply Having said this, tourism, towards making India “Aatma chain logistics, produce superior hospitality and aviation industries Nirbhar” . In the words of Dr Steve quality and cost-effective goods are in a tailspin, with travel Maraboli, “Take Action! An inch of and services, and last but not least, restrictions imposed, globally. In movement will bring you closer to ensure the labor is well rewarded, order to support these affected your goals than a mile of intention,” so as to move towards inclusion businesses, the PHD Chamber has our efforts to boost growth and with growth and prosperity. been conducting ‘Virtual Online also engaging with the rest of the During this pandemic, we Tours’, an effort to satiate the world to find innovative solutions realized our dependence on wanderlust of people. From using to navigate the current challenging global suppliers for our health 360 degree panoramic views to environment, for greater good and and pharmaceuticals needs. holding online sessions, viewers prosperity, shall be our never dying Nonetheless, just within two enjoy these beautiful locations, motto. months our local manufacturers digitally and experience the joy Dr D K Aggarwal President, PHDCCI

PHD Chamber Bulletin | July 2020 7 CAW

Interactive Session with Ms. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs

s. Nirmala Sitharaman, Union of the COVID-19 Economic Response the transmission of repo rate cuts Minister of Finance and Task Force. The Forbes Magazine has to consumers in terms of reduced MCorporate Affairs interacted ranked her 34th among the 100 most interest rates. with the Members of the Managing powerful women in the world in 2019. The Finance Minister stated Committee on June 19, 2020 through Addressing the Managing that they are closely watching video conferencing. Committee Members of PHDCCI, Ms. developments in disbursement of Dr D K Aggarwal, President, Sitharaman showed her gratitude loans under the provision of Rs 3 lakh PHDCCI welcomed Ms. Nirmala for the opportunity to interact with crore collateral free automatic loans Sitharaman, Union Minister of Finance the members. She said that the for businesses to mitigate the daunting and Corporate Affairs and expressed Government has always recognized impact of pandemic COVID-19 on trade his gratitude for sparing her precious the importance of wealth creators and industry. She said that the Union time to interact with the Members of as they generate employment Government has always focused on Managing Committee of PHDCCI. opportunities and utilize resources ‘Minimum Government and Maximum Dr D K Aggarwal introduced in an optimal manner for promoting Governance’ with a special focus Ms. Nirmala Sitharaman, who is a the socio-economic development on addressing challenges faced by member of the Rajya Sabha since in the country. She acknowledged Industry and promote ease of doing 2014. She formerly served as the that the Prime Minister has always business. Defence Minister of India, thereby facilitated a helping hand and Other eminent participants at becoming India’s second female recognized MSMEs. She said that the interactive session were Mr. Defence Minister and also second they are closely monitoring the Ajay Bhushan Pandey, Secretary female Finance Minister after Ms. situation in consultation with banks (Finance), Department of Revenue, Indira Gandhi and first full-time female so that relief measures announced Mr. Debasish Panda, Secretary, Finance Minister. During COVID-19 by the Government are effectively Department of Financial Services, Mr. pandemic, she was made in-charge percolated at ground levels especially Rajesh Verma, Secretary, Ministry of

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Corporate Affairs; Dr Krishnamurthy Committee Members of PHD Chamber suggestions provided by the Chamber Subramanian, Chief Economic Adviser, and Mr. Saurabh Sanyal, Secretary on various aspects of the economy, Department of Economic Affairs, General, PHDCCI. trade and industry. Ministry of Finance; Mr. Pradeep The Hon’ble Finance Minister Mr. Sanjay Aggarwal, Senior Vice Multani, Vice President, PHDCCI; graciously addressed the concerns of President, PHDCCI delivered the vote- Former Presidents and Managing the members of PHDCCI and noted of-thanks to Ms. Sitharaman.

PHD Chamber Bulletin | July 2020 9 CAW

Interactive Session with Union Minister of Commerce & Industry and Railways

n interactive session was and contributions to Government for organized with Mr. Piyush dealing with COVID- 19. He mentioned AGoyal, Union Minister of that the lockdown was providing Commerce & Industry and Railways for collateral benefits to environment the Managing Committee members with lesser numbers of patients in of PHD Chamber on April 22, 2020 India as compared to other countries. through video conferencing. He highlighted that the government Dr D K Aggarwal, President, PHD is keen to open up the activities of Chamber introduced Mr. Piyush Goyal, industry, trade and economy but not currently a Member of Parliament for at the cost of lives of its citizens. Rajya Sabha from Maharashtra and Mr. Goyal highlighted that history the Deputy Leader of Rajya Sabha. will judge us by our actions of today. Mr. Goyal, a Chartered Accountant by According to the history of past global education also has a degree in Law. pandemics, it has been observed Mr. Goyal took over as the Union that countries which focused more Minister of State for Power, Coal, on the health of its countrymen and New and Renewable Energy in 2014 took stringent measures to save lives and introduced the Ujwal DISCOM fought the adversities better. Also, Assurance Yojana (UDAY) and Deen post lockdown, such economies Dayal Upadhyaya Gram Jyoti Yojana bounced back and revived much it should be our National Duty to buy (DDUGJY). He was awarded the faster than the economies which and consume Made in India goods 2018 Carnot (CARNOT) Prize by the placed preference to livelihood more rather than expecting the government University of Pennsylvania’s Kleinman than the lives of their citizens. to levy stringent import laws or stop Center for Energy Policy. The Hon’ble Minister requested imports from other nations. Addressing the Managing each citizen to abide by Hon’ble Prime Mr. Piyush Goyal responded to the Committee Members of PHD Minister’s guidelines to contain the various queries raised by the members Chamber, Mr. Goyal appreciated that spread of this pandemic. He urged the during the meeting. Mr. Sanjay PHD Chamber has a good combination citizens to download the Arogya Setu Aggarwal, Senior Vice President, PHD of old, new, big and small industries App which will aid the government Chamber delivered the vote-of- thanks unlike other chambers. He appreciated in taking the right decisions and to the Minster. the work being done by PHD measures to free the Nation from the Chamber in providing suggestions grip of COVID- 19. He highlighted that

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India-US Business Promotion Challenges and Opportunities - Post COVID-19

he International Affairs and Trade dollars. Due to COVID-19, economies present in India and over 200 Indian Fairs Division, PHDCCI organized will be affected not only in 2020-21 but companies in the US which signifies Tan interactive video conference also in 2022. two-way investments, mutuality on “India-US Business Promotion Mr. Sandeep Chakravorty, Consul of interests and benefits in the Challenges and Opportunities- Post General, Consulate General of India, economic partnership. He said that COVID-19” on June 16, 2020. New York, US thanked the Chamber the US is looking for restructuring the Dr D K Aggarwal, President, PHDCCI for the initiative and apprised that global supply chains and India has a while welcoming the dignitaries India-US bilateral relations have significant role to play. highlighted India-US relations and developed into a “global strategic Ms. Aileen Nandi, Minister said that post COVID-19, there will be partnership,” based on shared Counselor for Commercial Affairs, lot of opportunities and both India democratic values and increasing U.S. Commercial Service, US Embassy, and US will come out stronger. India- convergence of interests on bilateral, New Delhi shared that India-US US relationship is at its best as US is regional and global issues. He further relations have become even stronger the largest trading partner for India. said that New Jersey will continue after the high-level visits of leaders In 2018-19, total trade between both to maintain a strong position as a and ministers of both the countries. nations was 87.95 billion dollars, whilst hub of pharmaceutical business and However, the pandemic has impacted US trade with China was 80 billion with more than 2,000 US companies global trade. She said that both nations

PHD Chamber Bulletin | July 2020 11 CAW

have to work towards eliminating the so that their shipments don’t get though there are several hiccups and trade barriers for free flow of goods rejected. He mentioned that in the year challenges. and services. She highlighted about 2019, the number of consignments The session was also enriched the CEOs forum which has led to a rejected by US authorities was 1,813. by views of Mr. Nishant V Berlia, sort of cooperation especially in the He also mentioned that 7 Indian Co-Promoter, Apeejay Stya Group IT Sector. She said that US Embassy companies are also working on a tie- & Svaran Group; Mr. Amitava Ray, will fully support the Chamber in its up to upscale the production of the 3 Chairman and Ms Rashmi Chopra, initiative to promote bilateral trade vaccines currently being tested in US Co-chair International Affairs between both the countries. for Covid-19. Committee for Americas, PHDDCI; Dr Manoj Kumar Mohapatra, Mr. Sanjay Chadha, Additional Mr. Mohammed Asaria, Founder Minister Commerce, Embassy of India, Secretary, Dept. of Commerce, and Managing Director, Range Washington DC said that bilateral trade Ministry of Commerce and Industry Developments and Mr. Steve Gervasio, has grown over 200 percent in the last highlighted India-US trade relations Managing Director, ALED Partners. 10 years with US, which indicates a and the strong foundation that the two Mr. Pradeep Multani, Vice huge potential of doing business with countries share. He said even in 1920, President, PHDCCI delivered the vote- US. He also said that PHDCCI should US was the largest trading partner of of-thanks to the guests. Apeejay play a role in educating the exporters India, that shows the strong bonding Stya Group & Svaran Group, Range to rightly brand their products and they share, that will surely become Developments & ALED Partners were take care of shipments related issues even more stronger post COVID-19 the Strategic Partners of the event.

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India - Australia Business Promotion, Challenges and Opportunities - Post COVID-19

he International Affairs and activities. He informed about the H.E. Mr. Sarma also added that Trade Fair Committee, PHDCCI stimulus packages estimated which Australia has performed exceptionally Torganized an interactive video includes increase in healthcare well to fight against COVID -19 conference on “India - Australia services, tax relief, wage subsidies, pandemic and to get the number Business Promotion, Challenges cash payments for businesses and of cases down relatively quickly. He and Opportunities - Post COVID-19” cash bonuses for welfare recipients. mentioned that Indian companies with H.E. Mr. A. Gitesh Sarma, High Mr. Ajay Poddar, Chairman, should invest in Australia as it can Commissioner of India to Australia, International Affairs Committee for provide services like education, Canberra on May 6, 2020. ASEAN, East Asia & Oceania, PHDCCI resources and energy; food, health The objective of the video highlighted how India-Australia care, tourist destinations and conference was to have a meaningful economic relationship has grown expertise in water and environmental discussion to understand the Impact significantly in recent years. management. In the present era of climate change, clean coal of COVID-19 and challenges being H.E. Mr. A. Gitesh Sarma, High technology and renewables too will faced for promoting business activities Commission of India, Canberra, probably emerge as great potential with regards to export and import, Australia highlighted that the bilateral collaborators of India–Australia travel restrictions and also understand relationship between India and strategic relationship. potential possibilities of enhancing Australia has grown significantly bilateral trade post lockdown. encompassing political, economic, He said that “India is the flavor of Mr. Sanjay Aggarwal, Senior Vice defence and strategic aspects. Exports the season” and Australia is definitely President, PHDCCI while welcoming and attracting foreign investments are looking at India for extensive trade. H.E. Mr. A. Gitesh Sarma, High key elements of Australia’s economy Trade with China has helped them Commissioner of India to Australia, and its ability to maintain a high in the past, but in the last few years briefed him about PHDCCI and its standard of living. they felt that they are being over

PHD Chamber Bulletin | July 2020 13 CAW

dependant on China and putting built a significant momentum in the General, PHDCCI shared the overview everything in the Chinese basket. relationship and affirmed the Strategic of India-Australia relationship and He remarked that before the Partnership. He shareed that there requested to organize specific B2B and pandemic, ties were in an upward is about 30 billion Aus Dollar trade B2G meetings on a bigger platform direction, culturally close because of between India and Australia. Major in order to increase the business the English language and cricket as exports to India from Australia include interests of both sides. in the recent years, there has been coal, copper and gold; major imports The session was moderated by a greater convergence of business from India to Australia include refined Mr. Naveen Seth, Principal Director, ideas. H.E. mentioned about the petroleum, pearls and gems, etc. PHDCCI. Prime Ministerial visits that have Mr. Saurabh Sanyal, Secretary

in the AYUSH and traditional medicine sector. INDIA-TANZANIA Business H.E. Mr. Sanjiv Kohli, High Commissioner of India to Tanzania while addressing the participants, Promotion, Challenges highlighted that Tanzania was one of the most vibrant and dynamic economies in the African continent. and Opportunities–Post He also shared that it remained one of the top recipients of lines of credit in the region apart from being one of COVID-19 the largest beneficiaries of India’s ITEC programme. India was also one of the he International Affairs and High Commissioner for sparing his largest trading partners of Tanzania. Trade Fair Division, PHD Chamber valuable time to address the members India enjoyed an encouraging 18% Torganized an interactive video of the Chamber, highlighted that this share in Tanzanian imports and 14% conference on “INDIA – TANZANIA was the opportune time for the Indian share in Tanzanian exports. Port Business Promotion, Challenges businessmen to identify the areas of development, infrastructure, mining, and Opportunities – Post COVID-19” potential cooperation between both pharmaceuticals, agro and agro with H.E. Mr. Sanjiv Kohli, High the nations, in order to capitalize on processing remained prospective Commissioner of India to Tanzania on the same once things return to normal sectors of bilateral economic May 8, 2020. post the pandemic. cooperation between both the Mr. Vivek Agarwala, Co-chairman, Mr. Pradeep Multani, Vice nations. International Affairs Committee for President, PHDCCI shared that various The video conference was Africa, PHDCCI while thanking the opportunities for businesses existed supported by Timberworkz.

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India - Germany Business Promotion, Challenges and Opportunities - Post COVID-19

Interactive Video Conference on “India - Germany Business Promotion, Challenges and Opportunities - Post Covid19 with the Ambassador of India to Germany H.E. Ms.

he International Affairs and have witnessed rapid progress and Indische Handelskammer; Mr. Rajesh Trade Fairs Division, PHDCCI, the Embassy will extend all support Nath, Managing Director, German Tin partnership with Konrad- to facilitate the partnership between Engineering Federation (VDMA) Adenauer-Stiftung, India Office, India and Germany to take this India including Chairs and Co-chairs organized an interactive video partnership forward. of International Affairs Committee of conference on “India - Germany Mr. Peter Rimmele, Resident PHDCCI. Business Promotion, Challenges and Representative to India of Konrad- Mr. Pradeep Multani, Vice Opportunities - Post COVID-19” on Adenauer-Stiftung highlighted about President, PHDCCI, delivered the June 5,2020 with H.E. Ms. Mukta the Indo-German trade relations formal vote- of- thanks and praised Dutta Tomar, Ambassador, Embassy saying that India is a trust worthy the Government of Germany for of India, Germany. partner for Germany. During the taking proactive measures against Dr D K Aggarwal, President, PHDCCI ongoing pandemic, the governments COVID -19 and elaborated on the in his opening remarks commended of both the countries are working hard opportunities present for the Indian the efforts of the German Government towards recovering their economies. companies to collaborate with their in handling the pandemic leading to The Session was further enriched German counterparts. less casualties and relaxation of rules. by views from H.E. Mr. Mark The session witnessed a Her Excellency, Ms. Mukta Dutta Hauptmann, Member of the German participation of more than 140 industry Tomar thanked PHDCCI and KAS and Parliament; Mr. Bernhard Steinrücke, members including 40 German mentioned that Germany has handled Director General, Indo-German companies operating out of India. COVID-19 quite well with their CAN- Chamber of Commerce, Deutsch- DO spirit. The Indo-German relations

PHD Chamber Bulletin | July 2020 15 CAW India - Oman Business Promotion, Challenges and Opportunities - Post COVID-19

he International Affairs & Trade Fairs Division, PHDCCI organized Tan interactive video conference on “India - Oman Business Promotion, Challenges and Opportunities - Post COVID-19” on May 28, 2020 with H.E. Mr. Munu Mahawar, Ambassador of India to Sultanate of Oman. Mr. Pradeep Multani, Vice President, PHDCCI, welcomed His Excellency and gave a brief insight about PHDCCI and the relations between India and Oman. His Excellency, Mr. Mahawar thanked PHDCCI and called it an excellent initiative to bring together the industry leaders of both sides. India and Oman are doing business for many years and over the years the dynamics of doing business have changed thanks to joint ventures and quantum of investments. Mr. Mahawar said that COVID-19 pandemic has been a big disruption in Oman. Nonetheless, India has provided special assistance to Oman during this time. He apprised that the Oman Government has taken swift action which makes it the least affected country in the region, leading Oman to enter a phase where curbs and restrictions will be removed and the economy will be uplifted. Mr. Nasir Zaidi, Chairman and Mr. Surinder Kalra, Co-chairman, International Affairs Committee for Gulf, PHDCCI gave insights on their respective industry sector and sought details from the Indian Embassy and Public Authority for Investment proactive measures against COVID their counterparts in Oman to explore Promotion & Export Development and -19. The session was moderated by the possibility of partnership. Mr. Bader Al Naabi, GM and Business Mr. Naveen Seth, Principal Director, Development Director, ASYAD, Oman. PHDCCI. The session also witnessed the presence and inputs from H.E. Mr. Mr. Saurabh Sanyal, Secretary Pacific Travels and S K Kalra and Redha Al Saleh, Vice-Chairman, Oman General, PHDCCI, delivered the vote- Associates were the Strategic Partners Chamber of Commerce; Ms. Haura of-thanks to the guests and praised of this interactive video conference. Al-Wahaibi, Director of Investment, the Government of Oman for taking

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India - Singapore Business Promotion Challenges and Opportunities- Post Covid-19

he International Affairs and measures taken to control the spread relations. Singapore is one of the top Trade Fairs Division, PHDCCI of infection. He touched upon various destinations for Indian investments. Torganized an interactive video areas of cooperation between the two More than 80% of listed offshore by conference on “India - Singapore nations. The country has forecasted a Indian issuers are listed on Singapore Business Promotion Challenges and negative contraction in the economic Stock Exchange (SGX). Exchange of Opportunities- Post Covid-19” on June growth rate but to cushion this visits between the two nations has led 12, 2020 with H.E. Mr. Jawed Ashraf, situation, there has been a launch of to emergence of new areas of bilateral High Commissioner, High Commission four-tranches of economic stimulus engagement. of India, Singapore. packages which is 20% of Singapore’s Mr. Saurabh Sanyal, Secretary Mr. Pradeep Multani, Vice GDP. There have been measures for General, PHDCCI, while proposing President, PHDCCI while welcoming supporting workers and their family, the vote-of-thanks mentioned that His Excellency highlighted on the and industry in the form of cash, the Chamber will work with the Strategic Partnership between India credit, and cost. Apart from this, the government and industry to attract and Singapore. He informed about country has also given other reliefs in investments from Singapore and the commitment of PHDCCI to be the form of taxes. increase India’s exports to Singapore the Pillar of Strength for building a Mr. Ajay Poddar, Chairman, in the identified sectors by the mission. Self-Reliant India based on the five International Affairs Committee The session was moderated by pillars of the economy as laid down by for ASEAN, East Asia & Oceania, Mr. Naveen Seth, Principal Director, Hon’ble Prime Minister of India. PHDCCI, provided an overview on PHDCCI. Synergy Environics was the H.E. Mr. Jawed Ashraf gave a the bilateral relations between strategic partner of the event. brief on the spread of pandemic India and Singapore. He highlighted COVID-19 in Singapore and the robust the matrix of India - Singapore

PHD Chamber Bulletin | July 2020 17 CAW

India- Business Promotion, Challenges & Opportunities-Post COVID-19 with Ambassador, Embassy of India, , Saudi Arabia

he International Affairs & Energy, Health & Pharmaceuticals, currently exports US$ 600 million to Trade Fair Committee, PHDCCI, Food Processing & Fertilizers, Saudi Arabia which is the 4th largest Torganized an interactive Engineering Goods, Mining, etc. trading partner of India. India imports webinar on “India - Saudi Arabia Highlighting that India is an over 80% of oil from Saudi Arabia Business Promotion, Challenges, important partner for Saudi Arabia and Saudi Arabia looks at India for and Opportunities - Post COVID-19” and the year 2019 was a successful Food Security and hence, there is a on June 1, 2020 with H.E. Dr Ausaf one for both the countries in terms complementing relationship between Sayeed, Ambassador, Embassy of of political as well as business the two countries. India, Riyadh, Saudi Arabia. relationship, H.E. Dr Ausaf Sayeed, Mr. Nasir Zaidi, Chairman, Mr. Pradeep Multani, Vice Ambassador, Embassy of India, International Affairs Committee for President, PHDCCI in his opening Riyadh, Saudi Arabia mentioned about Gulf, PHDCCI shared the overview address highlighted about the the Strategic Bilateral Cooperation and scope about India- Saudi proposed Strategic Partnership which is the highest mechanism for Arabia Bilateral Trade particularly in Council Mechanism as India is keen both India and Saudi Arabia. Education and Tourism sector. on diversification of bilateral trade India- Saudi Arabia bilateral trade Pacific Travels and S K Kalra and ties beyond the conventional oil and increased in 2019-20 with exports Associates were the Strategic Partners explore opportunities in newer areas from India increasing by 12%. India of the webinar. such as Housing, Tourism, Renewable

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Panelists during GRACE Live- Interactive Session on Challenges and Opportunities for Residency GRACE Live- Global Residency and Citizenship Solutions Post Covid -19 and Citizenship Expo 2020: Interactive Session on Challenges and

Special Advisor to the Prime Minister Opportunities for Residency of the Commonwealth of Dominica for Maritime Affairs, spoke about the and Citizenship Solutions Economic Citizenship Programme of Commonwealth of Dominica. Post COVID-19 The second session comprised of a Panel Discussion on the US EB5 programme, moderated by Mr. Mark he International Affairs & Citizenship programmes based on Davies, Chairman, Davies & Associates Trade Fair Committee, PHDCCI, Investments for various countries. LLC, and had speakers namely: organized a Webinar Series Mr. Matt Hogan, Vice President of T Ms. Inga Wellings, Business Project Development, CMB Regional on ‘GRACE Live - Global Residency Development Manager, CS Global and Citizenship Expo 2020: Centers and Mr. Ramin Asgard, Senior Partners, spoke on the investment- Vice President of Global Business Interactive Session on Challenges based citizenship programmes and Opportunities for Residency and Development, FirstPathway Partners. specifically for the Caribbean Region Mr. Matt Hogan said that the program Citizenship Solutions Post COVID -19’ particularly of Dominica, St. Kitts on May 27, 2020. provides investors to invest US$ and Nevis. Ms. Leena Motwani, 900,000 and allows the person, Dr D K Aggarwal, President, AVP, Arton Capital highlighted the spouse and children (under 21 of age) PHDCCI, welcomed the eminent citizenship Investment programme to get permanent residency in the speakers and discussed regarding the for Montenegro and Portugal. United States. While Mr. Ramin Asgard increase in the number of enquiries Mr. Mohammed Asaria, Managing of the FPP project shared that unlike for immigration from Indians; further Director, Range Developments most projects of the EB-5 visa, the FPP referring to the benefits of dual highlighted the various luxurious project provides tremendous returns, residency which includes better projects developed by them in which range in between 13-22%. business opportunities in other Caribbean region like The Park Hyatt, countries and reduction/optimization St. Kitts, Cabrits & Spa Kempenski, In the concluding remarks, it was of taxes, or to avoid the visa procedure Dominica and Hotel Six Senses, mentioned by the speakers that USA for various countries. Grenada. Mr. Christos Vardikos, is a preferred country for immigration as the economy is strong, and even The session was divided into two an Athens based Attorney at law and the Honorary Consul for the during COVID-19, their relief packages parts- the first session moderated have been very beneficial. The webinar by Mr. Prashant Ajmera, Ajmera Law Commonwealth of Dominica in the Hellenic Republic, acting also as the was moderated by Mr. Naveen Seth, Group. They highlighted various Principal Director, PHDCCI.

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Interactive Session with Country Director, World Bank (India)

n interactive session was and needs to work harder to sustain the federal system and the states and organized for the Managing itself. Every country needs to have a unite them to fight against the crisis. ACommittee members of social intervention so that they can Talking about the MSME sector PHD Chamber with Dr Junaid Kamal move from slowdown to the revival of which is one of the backbone sectors Ahmad, Country Director, World Bank the economy. He stated that PM Mr. of the country, Dr Junaid Ahmad said (India) on May 20, 2020 through video Narendra Modi’s scheme of ‘Pradhan that the government has created conferencing. Mantri Garib Kalyan Yojana’ is a some liquidity in the market for the Dr D K Aggarwal, President fundamental intervention to support MSMEs. But the challenge is how to introduced Dr Junaid Ahmad who the economy during these times of use the liquidity. MSMEs need strong was formerly the Chief of Staff crisis. intervention with the NBFCs along to World Bank Group President. Dr Junaid, while deliberating on with banks for coming back as an With a PhD in Applied Economics the “Impact of COVID-19 on the Indian impactful sector in the economy that from Stanford University, MPA Economy as well as World Economy” creates jobs and opportunities for from Harvard University and BA in gave an insight into the nature of stock growth in the country. Economics from Brown University, witnessed by India and the World due Konrad Adenauer Stiftung (KAS) Dr Junaid was the Senior Director to this pandemic COVID-19 by giving a in India was the partner of PHDCCI for the Water Global Practice since flashback of the 2008 financial crisis. for the interactive session and Mr. 2014. Prior to this, he was the Deputy He said that what distinguishes the Peter Rimmele, Representative of Resident Representative and Principal 2008 financial crisis with the current KAS in India also interacted with the Economist in Johannesburg and times is the focus on supply and Members. Mr. Rimmele gave a brief then as a Regional Team Leader of health care systems and facilties. He insight into the measures and reforms the Water and Sanitation Program in also emphasized that it is important taken by Germany to combat the New Delhi. He was also the Director to protect the economic base of the impact of COVID-19. He also gave a for Sustainable Development in the country which will help to stabilize the global perspective about the financial Middle East and North Africa Region, economy. packages announced by different a position he held from 2012-2014. Dr Junaid Kamal Ahmad stated countries of the world. Addressing the Managing that there is no way this pandemic At the end of session, Dr Junaid Committee Members of PHDCCI, can be dealt with without the states’ responded to the various queries Dr Ahmad showed his gratitude for intervention and it is important to raised by the members. Mr. Sanjay the opportunity to interact with the focus on the nature of economic and Aggarwal, Senior Vice President, members. He mentioned that India health conditions of the country. He PHDCCI delivered the vote-of-thanks is moving around at a 7% growth rate suggested that we need to strengthen to Dr Juniad and KAS team.

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Opportunities and Challenges in Different Asset Classes due to COVID-19

he Capital Market and to some extent. He highlighted that it grow. He mentioned that public banks Commodity Market Committee will take 6-8 months for the economy have great liability ventures and India Tof PHD Chamber organized an to revive itself. He stated that India has an opportunity to convert Red interactive webinar on “Opportunities is seen as a place for manufacturing Tape to Red Carpet. and Challenges in Different Asset base of multinational companies and Mr. S Naren, Executive Director Classes due to COVID-19” on May 4, global liquidity is also an opportunity & Chief Investment Officer, ICICI 2020. to grow in the world market. Prudential Asset Management Co. Ltd. Mr. B K Sabharwal, Chairman, Mr. Navneet Munot, Executive said that fiscal deficit is not a problem Capital Market and Commodity Market Director & Chief Investment Officer, in this current time and emphasized Committee, PHDCCI in his address SBI Mutual Funds Management Pvt that we are in the deflationary period shared the issues and challenges faced Ltd in his special address highlighted and one should invest and save in debt by the industry while also suggesting that while the world has focused a mutual funds. He stated that equity is relief measures to ensure the smooth lot on survival, the public dispose will the most asset class and attracted on working of the industry in the country. start moving towards revival now. He an evaluation basis. He mentioned Dr D K Aggarwal President, suggested that we have to make the that the market is looking attractive PHDCCI in his welcome address right kind of financial institutions and and one can buy long-term and also mentioned that COVID-19 started as a market infrastructure which helps can buy in small bits for short-term health hazard and now it has become in the equity market and financial depending on the position of the an economic crisis. He stated that planning for the future. He stated that concerned company in current times. lockdown is not a solution; it is just a finance is the right-hand player of the Mr. Sanjay Aggarwal, Senior Vice way to slow down the infection spread. economy and we have to ensure that President, PHDCCI delivered a formal Till the time a vaccine or medicine for the financial system once fine, shall vote- of- thanks to all the guests. The COVID-19 develops, we have to live in put right technology and people to webinar was sponsored by Globe this situation and make it a part of life create the opportunity for them to Commodities Ltd.

PHD Chamber Bulletin | July 2020 21 CAW

Webinar on COVID-19: Impact on Construction Contracts

HD Chamber in collaboration should be taken to deal with the as escalation in project cost, bank with S Jalan & Co. and Lex situation. guarantee, termination of contract, PWitness organized a webinar on The eminent speakers also blacklisting. ‘COVID-19: Impact on Construction emphasized that the extension of Mr. Amir Z Singh Pasrich, Contracts’ on May 16, 2020. Mr. Amir Z schedule for fulfilment of construction Chairman, Law & Justice Committee, Singh Pasrich, Chairman, Law & Justice contracts is necessary along with PHDCCI speaking on the Justice Committee, PHDCCI; Mr. Abhijit Mitra, other suggestions such as allowing Delivery System opined that the Senior Advocate, Calcutta High Court; of reasonable and genuine price virtual hearings by the courts and Mr. Badrinath Dhruvsula, VP & GC, escalation, workers welfare cess on tribunals will ease the stress of the HCC Ltd.; Mr. Jaideep Gupta, Senior new contracts should not be levied, courts to some extent and the parties Advocate, Supreme Court of India; Mr. there should not be fresh bank to the dispute should look towards Subhash Sethi, Chairman, SPML Infra guarantee requirement for escalated Mediation and Arbitration for dispute Ltd.; Mr. Sourav Ghosh, Managing price, tax exemptions and moratorium resolution in place of going directly for Partner, S Jalan & Co. and Mr. Samrat should be for one year. litigation through courts. This will only Sengupta, Partner, S Jalan & Co. were The important deliberations increase the burden of the already the speakers at the session. included- (i) applicability of various overburdened courts and delay the The Real Estate and Construction status on the two types of construction justice further. He was also of the Sector is one of the worst affected contracts viz. Real Estate contracts view that there is an urgent need for a sectors due to the current coronavirus which are mainly governed by change in law, to promote both virtual pandemic. In this context, the session Transfer of Property Act, Registration hearing and means of ADR and that elucidated almost all facets of the Act, Stamp Act, etc. and Infrastructure the legislation should be strong and current and future scenarios of the Contracts mainly regulated by the capable enough to maintain proper construction industry. The discussion Indian Contract Act. (ii) effects of balance having a wider scope. Mr. illuminated the delegates on several COVID-19 on construction in the light Pasrich answering a few questions of aspects starting from problems of partial suspension of contract Force Majeure propounded that the being faced in the form of labour and frustration of contract. (iii) urge Doctrine of Force Majeure cannot crisis, liquidity crunch and shortages for new set of rules to minutely apply to lease deeds and also cannot of materials leading to an escalation observe and deal with matters such apply to payment obligation, already of project costs and measures that accrued.

22 PHD Chamber Bulletin | July 2020 CAW

Business Strategies to Survive COVID and Thrive Afterward- Design Thinking and HR 4.0

he HR IR Committee of PHDCCI People Management and Financial retrenchment. organized an interactive Literacy. Mr. Pradeep Multani, Vice Twebinar on ‘Business Strategies Mr. R P Singh asserted that HR 4.0 President, PHDCCI in his welcome to Survive COVID-19 and Thrive has been a topic of discussion for the remarks deliberated on the importance Afterward - Design Thinking and HR past many years and now is the time of digitalization to keep origination 4.0’ on May 20, 2020. to evolve the working of HR which streamlined. He said that traditional Distinguished speakers at the can support the organization in these Human Resource Management relied webinar included Mr. Salil Bhandari, times. He said that in the current heavily on compliances and standards; Former President, PHDCCI; Mr. R P times, there is a need for digitization, HR leaders of today now have to Singh, Chairman, HR & IR Committee, technology advancement and design lean structures that change PHDCCI; Mr. Anshul Dureja, Managing innovation, machine learning, design the organization’s mind set from Director, Creating Values Pvt Ltd and thinking and AI. that of control to self-regulation. The Mr. Prem Singh, President, Group HR, Mr. Prem Singh, President, Group unprecedented changes in the models JK Organization. HR, JK Organization shared his views of work offer HR professionals’ Mr. Salil Bhandari deliberated on on different tools available for making new opportunities to redefine and the need for design thinking, planning, work from home more efficient and reconfigure all the elements of and strategizing HR functions easier. ergonomics and work relationships. depending on the nature and type of Mr. Anshul Dureja gave a power The webinar was moderated by the organization. He shared nine areas point presentation on Business Dr Jatinder Singh, Director, PHDCCI, of focus for way forward viz. Customer Strategies to thrive Post Covid-19 and was attended by more than 100 Centricity, Digital Interface, Services/ giving strategies adopted by the members of PHD Chamber which Product, Short Cycle Planning, organization’s HR to make the included industry stalwarts from all Effective Mentoring, Communication, organization better despite these across the country. The webinar was Identify Potential Points of Failure, times of business slowdown and sponsored by IFFCO.

PHD Chamber Bulletin | July 2020 23 CAW

Webinar on Impact of COVID-19 on Hospital Infrastructure

he Health Committee of PHD COVID-19 cases would be 10 times Ganga Ram Hospital (SGRH) New Chamber organized a webinar higher. Prof Ganguly called for Delhi said that this pandemic has Ton ‘Impact of COVID-19 on planning the testing around rural areas actually depicted that there is a very Hospital Infrastructure’ on May 22, and poor as they are most vulnerable low investment by the Government on 2020. with lot of disadvantages like poor Healthcare infrastructure / facility. He Mr. Pradeep Multani, Vice nutrition, lack of social distancing and said we should all work together on President PHD Chamber, welcomed many more other factors which lead the preventive steps to deal with this the esteemed panelists Prof. N K us to look around for redistribution pandemic. Prof. Arvind advised every Ganguly, Former Director General, of our healthcare infrastructure. Prof. sector of the economy to rebuild Indian Council of Medical Research Ganguly requested the Government on the Green Agenda and keep the (ICMR); Prof. (Dr) Arvind Kumar, to harmonize for a single regulatory environment clean as it is our duty to Chairman Centre for Chest Surgery framework in such an emergency make our mother earth healthy which and Director, Institute of Robotic situation. He also explained about the alone can keep such pandemics away. Surgery at Sir Ganga Ram Hospital Smart Testing techniques and shared Prof. Bejon Misra, Founder, (SGRH), New Delhi; Dr N Subramanian, his focus on tracking and tracing to Partnerships of Safe Medicine (PSM) Chairman, Health Committee, PHD fight the pandemic. India specifically pointed out the Chamber & Director, Medical Services, Dr N Subramanian said that there highly underutilized infrastructure the Indraprastha Apollo Hospitals is a need to recreate the healthcare nation has which should be connected and Prof. Bejon Misra, Founder, facilities without disrupting the flow & made accessible to patients and Partnerships for Safe Medicine (PSM) of the current treatment. He said they technology can play a major role India. considered changing the dynamics on how to utilize it to its optimum Prof. N K Ganguly, Former Director of staff/ employees at all levels and capacity. Prof. Misra also pointed General, Indian Council of Medical have a backup for the manpower. out that every year more than two Research (ICMR) shared some facts Dr Subramanian emphasized on the crore people go under poverty line that India is doing 1 lakh COVID -19 passion of the healthcare workers because of the high cost of healthcare tests per day and US is doing many & importance of restoring the expenditure. He said that healthcare more and so are other counties. If environment and social balance. should be affordable and accessible to we were to follow minimum testing Prof. (Dr) Arvind Kumar, Chairman, all by following the ethical practices. more, the actual number of positive Centre for Chest Surgery and Director, Mr. Pradeep Multani, Vice symptomatic and asymptomatic Institute of Robotic Surgery at Sir President, PHD Chamber welcomed

24 PHD Chamber Bulletin | July 2020 CAW

all the panelists and delegates for the democracy needs measures to a radical change that has been webinar and shared the facts regarding promote “Health for all” by improving already adopted by many emerging the current COVID-19 situation related the Public Healthcare facilities to economies of the world. to public & private healthcare delivery combat such myopia in future. The session was moderated by Mr. system. Mr. Multani said that if red Mr. Saurabh Sanyal, Secretary Vivek Seigell, Principal Director Health, tape will be removed than India will General, PHD Chamber said that PHD Chamber. be the hospital of the world. He Remote Sensing System, Smart The webinar was sponsored by further added that after this phase Building Management system and Indraprastha Apollo Hospitals. of lockdown and social distancing Internet of Things have caused comes to an end, the world’s largest

Mr Krishan Kalra, Trustee of the Climate Project Foundation India having an Interactive Session on Climate Change – It’s Science, Effects & Climate Change - Its Mitigation Strategies with the panellists Science, Effects & Mitigation Strategies

HD Chamber organized a webinar of Climate Change at the global He also gave a brief insight about the on ‘Climate Change - Its Science, level. He further highlighted the Science behind the Climate Change and PEffects & Mitigation Strategies’ importance of forestry and its merger its effects on health, food productivity with Mr. Krishan Kalra, Trustee of the with commerce, so that it can attain a and nutrition, water scarcity, damages Climate Project Foundation India on different dimension. to infrastructure, loss to biodiversity May 26, 2020. The objective of the Mr. Krishan Kalra, Trustee of the and severe impact on the Economy. webinar was to spread awareness of Climate Project Foundation India Lastly, he talked about the strategies the Effects of Climate Change and the presented a power-point presentation to mitigate Climate Change. Science behind it and also to discuss to apprise the participants about the Dr J S Sharma, Co-chairman, Strategies for Mitigating Climate effects of climate change. He said Environment Committee, PHD Change. that increasing levels of heat-trapping Chamber delivered the formal vote- of- Dr J P Gupta, Chairman, Environment greenhouse gases – such as carbon thanks. The Webinar was moderated Committee, PHD Chamber in his dioxide (CO2), methane and nitrous by Dr Ranjeet Mehta, Principal welcome address emphasized upon oxide – in the atmosphere are causing Director, PHD Chamber. the importance to address the issue global average temperatures to rise.

PHD Chamber Bulletin | July 2020 25 CAW

Interactive Session on COVID-19 and Mobile Journalism: Impact, Challenges And Emerging Opportunities

he International Division MoJo has drastically changed different Journalists. He said inexpensive setup and Media & Entertainment aspects of journalism. required for MoJo will be an attraction TCommittee, PHDCCI Prof. Ujjwal Chowdhury, Pro Vice for journalism in the coming future. organized an interactive session on Chancellor, Adams University, Kolkata In his concluding remarks, Prof. “COVID-19 and Mobile Journalism: shared that biggest breakthrough Ujjwal Chowdhury suggested to Impact, Challenges And Emerging in this century are smart phones have MoJo as part of the curriculum Opportunities” on May 22, 2020 and how Barkha Dutt started MoJo in Universities. He emphasized on with Dr Stephen Quinn, Professor of channel via YouTube. He explained providing practical training to the Mobile Journalism (Mojo), Kristiania that the basic concept of MoJo is students as well. Dr. Stephen Quinn University in Norway and Prof. Ujjwal to shoot, edit and publish using said a good journalist is always Chowdhury, Pro Vice Chancellor, smartphones. MoJo has been learning and we should provide MoJo Adams University, Kolkata. empowering individual storytellers trainings to the existing journalists. He Mr. Pradeep Multani, Vice via available consumer technology said that it is about story-telling and President, PHDCCI deliberated on the through cross-platform creativity. He not about the technology. fact that Mobile Journalism (MoJo) also explained the difference between Mr. Saurabh Sanyal, Secretary is a game changer and offers a lot to User generated content and User General, PHDCCI while delivering the the media fraternity. Smartphones generated structured story. formal vote-of-thanks mentioned that are heart of MoJo through which Dr Stephen Quinn, Professor of India is the second largest country story telling can be possible. Mr. Peter Mobile Journalism (Mojo), Kristiania with one billion mobile users out of Rimmele, Resident Representative to University in Norway talked about which 400 million are smartphone India of Konrad-Adenauer-Stiftung three benefits of MoJo – speed, users and 12 million Iphone users and (KAS) asserted that MoJo is future cost and flexibility. A MoJo trained have more opportunities in MoJo. of Journalism. He also shared the journalist can produce content in The session was moderated by manual prepared by KAS to use MoJo less than 3 minutes. Intimacy of Mr. Naveen Seth, Principal Director, professionally. smartphones is the main concern PHDCCI. The webinar was partnered Mr. Mukesh Gupta, Chairman, at the time of COVID-19 as certain with KAS, sponsored by Power Media Entertainment, Art & Culture distance is required to be maintained. Finance Corporation and supported Committee of PHDCCI and CMD, He suggested to use selfie stick or by Exchange4media. Graphisads shared his views on how wireless microphone for Mobile

26 PHD Chamber Bulletin | July 2020 CAW

Mr. Krishna Rao TVB, GIS Technology Evangelist, Esri India; Ms Mallika Verma, Director CAN IT AND AI BASED (Agribusiness), PHD Chamber; Mr. Himanshu Goyal, India Business Leader, The Weather Company an IBM Business; Mr. Shantanu Godbole, Senior Manager for Climate and Supply Technologies Mitigate Chains IBM Research - India; Mr. Chacko Jacob, Co-Founder -US, MistEO; Ms Sunita Prajapati, Deputy Secretary, PHD Chamber; Mr. Kunal Prasad, Co-founder and COO, Cropin Technology, Agriculture Crisis In and Dr Ranjeet Mehta, Principal Director, PHDCCI COVID-19 And Beyond

he Agribusiness Committee technology in Agriculture and various companies and make faster and more of PHD Chamber conducted other sectors. Mr. Himanshu Goyal, informed decisions by combining Ta webinar on “CAN IT AND India Business Leader, The Weather weather forecasts with their unique AI Based Technologies Mitigate Company- an IBM Business; Mr. business insights. Soil and crop health, Agriculture Crisis In COVID-19 And Shantanu Godbole, Senior Manager as well as yield estimation can be Beyond” on May 23, 2020. The for Climate and Supply Chains IBM monitored remotely using technology. objective of the webinar was to Research - India; Mr. Krishna Rao TVB, The technology is also helpful in weed provide insight into the use of novel GIS Technology Evangelist, Esri India; identification, crop shift, acreage and technology based solutions to the Mr. Chacko Jacob, Co-Founder -US, field boundary identification as well progressive farmers, Agri and Food MistEO and Mr. Kunal Prasad, Co as crop identification and acreage processing companies using IT and founder and COO, Cropin Technology estimation. He also gave a case study Artificial Intelligence during and post were the esteemed speakers. on tomato farming. COVID -19. Experts delved on subjects such as The webinar was moderated by Dr Ranjeet Mehta, Principal AI, GSI that go a long way in helping Ms. Mallika Verma, Director, PHD Director, PHD Chamber in his welcome farmers, customisable solutions that Chamber address spoke on the importance of help supply chain managers in Ag-tech

PHD Chamber Bulletin | July 2020 27 CAW

Digital Health: The Future: Series 1: Telemedicine-Where do We Stand Today

he Health Committee of stratifying the risks. It can also manage boost to telemedicine and urgent PHD Chamber organized an the algorithms in treating patients intervention is needed from the Tinteractive video conference with high risk demographics where regulatory part as there is a problem on “Digital Health: The Future: Series the Government has access to real with the data collection part. He 1: Telemedicine-Where do We Stand time data and the changing patterns further added that in the next one Today” on May 29, 2020. of the disease. year there will be a tremendous use Eminent panelists at the webinar Dr Harsh Mahajan, while briefing of telemedicine for quick follow-up included Dr N. Subramanian, about the tele-radiology said that consultations, consultations for panic Chairman, Health Committee, PHD computing and internet availability and second opinion consultations for Chamber & Director, Medical Services, has improved exponentially which referral patients. Indraprastha Apollo Hospitals; Mr. also reduces the cost drastically of Dr Hans Raj Baweja said that there Aditya Berlia, Co-founder & Pro- healthcare delivery and helps to serve were a lot of legal limitations we Chancellor, Apeejay Satya University; the underprivileged sections. He faced before Covid era. Its only due to Dr Hans Raj Baweja, Chairman, Ethics also stated that telemedicine and AI this Corona pandemic, telemedicine Committee, Medical Council of India; make work easier and it will become guidelines were finalized which says Dr Harsh Mahajan, Founder & Chief indispensable in the coming years but that every doctor in India can go on Radiologist, Mahajan Imaging; Dr it has to be under the supervision of a the telemedicine platform in India. Puneet Girdhar, Sr. Director & Spine clinician. He further added that apart Dr Baweja emphasized that it is Surgeon, BLK Super Speciality Hospital from tele-radiology, telemedicine mandatory for doctors to introduce and Mr. S K Mehra, Managing Director can be used in digital pathology, themselves at the time of consultation & CEO, Health Insurance TPA of India. dermatology, ophthalmology and and prescribe only generic medicines. Dr N. Subramanian welcomed many other segments. Dr Puneet Girdhar pointed out all the panelists and said that Mr. Aditya Berlia said that the that in the past everyone knew telemedicine plays a very important doctor to patient ratio in urban areas about telemedicine but due to legal role in our lives to reach everyone is around 1:10,000 and in rural areas, limitations, patient psychology and which is expanding and getting better it is worse at 1:30,00,00 and this other complications very few were every year. The risk of NCDs are so is a worldwide scenario. COVID-19 using it and now with the pandemic, high for the treating doctors that has changed the patient & doctor even hospitals have come up with awareness and prevention is the only psychology and 20-25% medical their individual telemedicine apps. way to avoid complications where system will move to telemedicine Mr. S.K. Mehra stated there is telemedicine and AI play a major in the coming years. He also stated a huge demand of Telemedicine role to make the data available and that COVID- 19 had given a massive among doctors in the coming years.

28 PHD Chamber Bulletin | July 2020 CAW

He said this is the right time to up for the medicine. Mr. Mehra also the moderator of the webinar while start and set some protocols and explained about the existing insurance Mr. Vivek Seigell, Principal Director, regulations, which will also help in the policies and the important aspects of PHD Chamber was the Co-moderator. expansion of Telemedicine. He said telemedicine consultation coverage in Dr Subramanian, Chairman, Health this concept will certainly help the insurance. Committee, PHDCCI delivered the senior citizens, where they require Dr Deep Goel, Senior Director, vote- of- thanks to the participants. general consultation or normal follow Dr B L Kapur Memorial Hospital was

Interactive Session on COVID-19: Challenges and Opportunities Associated with Waste Management in India

HD Chamber in partnership impacted every country and sector. He School of Chemical Engineering and with Konrad-Adenauer-Stiftung apprised that the Ministry has issued Head of the Unit of Environmental P(KAS) hosted an interactive special guidelines and measures on Science & Technology Greece; Mr. session on “COVID 19: Challenges and how to handle and treatment of waste Prasad Moddak, Executive President, Opportunities associated with Waste coming out of those households or Environmental Management Centre, Management in India” with Mr. Durga places. LLP & Director, Ekonnect Knowledge Shankar Mishra, Secretary, Ministry of Mr. Peter Rimmele, Resident Foundation; Ms. P. Bineesha, Housing and Urban Affairs on June 2, Representative to India, Konrad- Executive Director, International 2020. Adenauer-Stiftung (KAS) shared how Institute of Waste Management; Mr. Dr D K Aggarwal, President, PHD waste management is being done in Manoj Sahu, Founder & CEO, R Planet Chamber in his address mentioned Germany Pre and during COVID-19. Integrated Solution Pvt. Ltd. that waste management is one of Mr. Vikram Singh Mehta, Chairman, Mr. Pankaj Madan, Konrad- the most important aspects because Water & Solid Waste Management Adenauer-Stiftung (KAS) delivered of the spread of COVID-19 pandemic. Committee, PHDCCI gave the industry the vote-of-thanks to all the esteemed The biomedical waste has increased in perspective and shared the future delegates. quantity as compared to last year. need for waste management for The webinar was moderated by Mr. Durga Shankar Mishra, environmental protection. Other Dr Ranjeet Mehta, Principal Director, Secretary, Ministry of Housing and speakers included Prof. Maria PHD Chamber. Urban Affairs deliberated on the Lozidou, Professor, the National COVID-19 global pandemic that has Technical University of Athens in the

PHD Chamber Bulletin | July 2020 29 CAW

First Row- Dr D K Aggarwal, President, PHD Chamber; Mr. Ajay Shankar, Former Secretary, Industry Strategy in DPIIT, Ministry of Commerce and Industry; Mr. Sanjay Aggarwal, Senior Vice President, PHD Chamber; Mr. Kuntal Sensarma, Economic COVID-19 and Post COVID-19 Adviser, DPIIT, Ministry of Commerce and Industry. Second Row- Dr Rajesh Chadha, Program Director, Natural Resources, Brookings India; Mr. Deepak Pahwa, Chairman, Industry Scenario and Release of Affairs Committee, PHD Chamber; Mr. Sudhir Kumar, Adviser, NITI Aayog; Prof. (Dr.) Kavita Sharma, Former Head & Dean, Department PHDCCI Quick Survey Report of Commerce, Delhi School of Economics, University of Delhi. Third row-Mr. Vishwa Nath, Co-chairman, Industry Affairs Committee, PHD on Post Lockdown Business Chamber; Mr. Vikram Agarwal, Co-chairman, Industry Affairs Committee, PHD Chamber; Mr. Saurabh Sanyal, Secretary General, PHD Scenario Chamber and Dr S P Sharma, Chief Economist, PHD Chamber

he Industry Affairs Committee privatization in sectors, among others. spend on national infrastructure of PHD Chamber organized a He suggested a few industry strategies pipeline which will help in creation of Twebinar on ‘Industry Strategy in including integration of Indian demand in the economy. COVID-19 and Post COVID-19 Scenario’ economy with global supply chain, Mr. Ajay Shankar, Former on May 29, 2020. creation of a conducive environment Secretary, Department for Promotion In his welcome address, Dr D K for companies interested to invest in of Industry and Internal Trade (DPIIT), Aggarwal, President, PHD Chamber India, reduction in the costs of doing Ministry of Commerce and Industry launched a Report on ‘PHDCCI business and embracing of Industry in his address stated that industry Quick Survey on Post Lockdown 4.0 to combat the impact of COVID-19. chambers should interact with the Business Scenario, wherein he spoke Mr. Sanjay Aggarwal, Senior Vice authorities on reducing the pain points on the challenges of the industry President, PHD Chamber, in his special of the restrictions and restart the post lockdown as per the survey remarks stated that the package economy frictionlessly. He was of the findings, including demand & supply announced by the Government of view that direct payment of wages disruptions, over dependence of India Rs 20 lakh crores is not small by any by the Government to the workers on few countries for imports, liquidity standards. India stands among the would have been an appropriate step. crunch, maintenance of profitability, countries, which have done most in Further, he suggested that ease of among others. He congratulated the terms of providing a COVID-19 relief doing business is the subset of costs government’s stimulus package of Rs stimulus. In this regard, he mentioned of doing business and therefore focus 20 lakh crores, which has given India that the portion of package in the should be put upon reducing the costs the vision to emerge as one of the form of direct payment to the affected of doing business in the country. largest economic power in the world people is limited. He opined that the Mr. Kuntal Sensarma, Economic and make 21st century belong to government should support the small Adviser, DPIIT, Ministry of Commerce India. He welcomed the government’s businesses that are facing the issues and Industry stated that the initiatives to de-criminalize corporate of paying salaries to employees and Government is working tirelessly on laws, commercial coal mining, contract subdued demand environment. He the promotion of champion sectors enforcement, land & labour reforms, opined that the government should

30 PHD Chamber Bulletin | July 2020 CAW and undertaking facilitation measures Head & Dean, Department of stakeholders who have contributed to boost the manufacturing sector Commerce, Delhi School of Economics, to the PHDCCI Quick Survey on Post and to strengthen India’s position University of Delhi discussed about Lockdown Business Scenario. in global supply chains. He said that the collaborative agreement between Dr S P Sharma, Chief Economist, the stimulus package should not PHD Chamber and Delhi School of PHD Chamber presented the be seen as a monetary package Economics that was signed in 2018. highlights of the PHDCCI Quick Survey but should rather be seen from the She said that under the agreement, on Post Lockdown Business Scenario. reforms perspective. Going ahead, he few reports have been prepared and The top ten challenges for suggested that the focus should be on currently work is going on regarding businesses in the post lockdown reducing the excessive dependency of EODB index for MSMEs. She opined business scenario include: India on imports, enhancing research that there is a need to move towards & development, upgrading skill set, digitization, address demand & supply • 61% of the respondents said increasing use of digital technology, situation, reduce the cost of logistics maintaining price-cost margins/ among others. He said that there along with contractualisation and profitability are around 10-12 sectors which have transparency in the logistics sector, • 60% opined payment of wages/ been identified for giving a boost bring in more IT infrastructure, focus salaries to employees to domestic manufacturing and for on environmental perspective, green • 58% said availability of working adding to the global supply chains, jobs, among others. capital including food processing, electronics, Mr. Deepak Pahwa, Chairman, • 53% stated repayment of loans/ organic farming, furniture, production Industry Affairs Committee, PHD payment of EMIs of masks, sanitizers, ventilators, etc. Chamber in his theme presentation • 52% said high costs of capital He informed that they are closely stated that India should look at working with the states on ease of success of its neighboring countries, • 51% respondents said availability of doing business and adoption of the such as China, Thailand and Vietnam in finances/loans public procurement order. He said increasing the share of manufacturing • 51% opined costs of social distancing that they are also working with the in their GDP and attracting foreign • 51% said weakening of demand NITI Aayog, on champion sectors, as investors. He opined that as part • 50% stated compliances of labour well as on the network products for of industry strategy there is a need laws adding to the global supply chains. to focus upon development of Mr. Sudhir Kumar, Adviser, MSME sector, increase research • 49% said retaining of the full NITI Aayog, mentioned that at the and development to boost Make in workforce current moment, one cannot clearly India, creation of business friendly differentiate between COVID-19 and environment in the country for both The survey has revealed the top post COVID-19 period. He added that domestic and foreign companies/ ten plans of the businesses firms in the in the current scenario, important investors, increase in localization, post lockdown business scenario: questions are how to address demand among others. • 67% respondents said increasing and supply side disruptions, how to Mr. Vishwa Nath, Co-chairman, the sales volume resume supply and demand of non- Industry Affairs Committee, PHD • 65% opined enhancing essential consumer goods and how to Chamber, appreciated the extensive competitiveness of business quickly ramp up production capacities. relief measures announced by the In this regard, he was of the view that government to mitigate the impact of • 64% said cost cutting of business sub-sector to sub-sector approach pandemic COVID-19 on trade, industry operations should be taken up. He further said and the economy. He suggested the • 60% opined enhancing business that there is a need to focus on industry need to provide continuous support operations in the domestic market perspective on human resources to industry to revive it from the impact • 58% stated focus on innovation, as well as on increasing research & of COVID-19. research & development development and innovation in the Mr. Vikram Agarwal, Co-chairman, industry. • 53% respondents said enhancing Industry Affairs Committee, PHD the price-cost margin Dr Rajesh Chadha, Program Chamber in his vote-of-thanks • 50% said reducing the workforce in Director, Natural Resources, Brookings discussed the disruptions caused by business operations India, stated that mining sector is an the rapid spread of COVID-19 and integral part for the development the relief measures provided by the • 44% stated increasing the scale of of industry and appreciated the government through the stimulus business operations Government announcement on the package. He said that there is a need • 43% opined diversification of commercialization of coal mining. for greater hand-holding of trade and business operations He said that strengthening of the industry by the government to revive • 36% said enhancing business manufacturing sector is the need economic activity in letter and spirit. operations in the international of the hour as there will be major Mr. Saurabh Sanyal, Secretary market. changes in the dynamics of the global General, PHD Chamber, expressed supply chains. gratitude to the esteemed panelists Prof. (Dr) Kavita Sharma, Former for addressing the webinar and all

PHD Chamber Bulletin | July 2020 31 CAW

Interactive Conference On Atmannirbharta in Steel and Mining Sector: What the Structural Reforms Mean for India

he Minerals and Metals consumption, we must try to consume to come out of this adversity, we Committee of PHD Chamber as much steel as possible or make a need to be self-reliant, independent Torganized an interactive video substitute and use domestic steel. and become a net exporter to the conference on “Atmannirbharta Our prime objective is to produce and world. He said that the reforms in Steel and Mining Sector: What consume domestically. The challenge and developments announced for the Structural Reforms Mean for for reaching on self-reliance is to try the minerals and mining sector like India” with Ms. Rasika Chaube, IDAS, to manufacture within the country mining auctions, mining serving, Additional Secretary, Ministry of Steel and figure out export opportunities surplus production and others will on May 30, 2020. outside the country. help to boost the mining sector and Ms. Rasika Chaube, IDAS, Ms. Rasika Chaube gave detailed go a long way to make this industry Additional Secretary, Ministry of insights about the initiatives towards emerge stronger in future. It will Steel while deliberating on the Steel domestic Manufacturing, Producing, create employment and new forms and Mining sector said that COVID-19 and Atmannirbharta like National of investment which will help the has given a lot of challenges as well Steel Policy, Domestic Manufacturing economy to be self-reliant. as opportunities. This is the time Iron and Steel Policy, Import Steel Mr. Sanjay Aggarwal, Senior Vice to become self-reliant as much as Monitoring System, Steel Actions President, PHD Chamber delivered the possible and the Ministry of Steel has and many more. She was quoted to vote-of- thanks to all the esteemed been working on self-reliance even have said, “We have made a lot of delegates and assured that PHD before COVID-19 as well. action plans so that we can achieve Chamber will always be a pillar of She explained that for the our targets and goals. We are taking strength and remain in full support Ministry of Steel, self-reliance can be diligent steps in making India self- and solidarity with the government. broken into two parts- production reliant in the steel industry and we are The session was supported by and consumption. In production, we optimistic to achieve them”. Jindal Steel and Power and SAIL and are trying to make quality steel at Dr D K Aggarwal, President, PHD moderated by Dr Yogesh Srivastav competitive prices so that it can be Chamber remarked that the Hon’ble Principal Director, PHD Chamber. transported and used on a profitable Prime Minister’s vision of Self-Reliant basis and add value. In terms of India gives a message to India that

32 PHD Chamber Bulletin | July 2020 CAW

Mr. Sturle Harald Pedersen, Chairman of the Board, Greenstat Hydrogen India Pvt Ltd Innovate for a Green Future - having an Interactive session on Hydrogen Production Technology & Relevance of Hydrogen Production Hydrogen Fuel in India with the panellists Technology & Relevance of Hydrogen Fuel in India

HD Chamber organized a webinar positively be the foundation of a there are two mechanisms for creating on “Innovate for A Green sustainable energy economy. Further, clean hydrogen which is Green and PFuture – Hydrogen Production he said that Planet earth is facing an Blue. Green Hydrogen can be created Technology & Relevance of Hydrogen energy crisis. And human race must by splitting water into hydrogen and Fuel in India” on June 1, 2020 with grow, develop, and move past the oxygen using electrolyzes and Blue Mr. Sturle Harald Pedersen, Chairman old and inefficient ways of generating Hydrogen can be produced through of the Board, Greenstat Hydrogen energy and into a future where clean steam methane reforming or auto India Pvt. Ltd. The objective of the and efficient hydrogen fuel cells thermal reforming coupled with webinar was to spread awareness of generate energy for years to come. Carbon Capture Usage and Storage. the hydrogen production technology Mr Sturle Harald Pedersen, He also gave a detailed understanding and the relevance of Hydrogen Fuel Chairman of the Board, Greenstat of the H2 Production Method. in India which can be a substitute Hydrogen India Pvt. Ltd. gave an in- Mr. Sturle Harald Pedersen for natural gas or oil for a diversified depth insightful presentation about also talked about the benefits of energy economy. the Characteristics and Benefits of Hydrogen which is flexible, storable, Mr. Sanjay Aggarwal, Senior Hydrogen along with Regulatory transportable and safe. Hydrogen is Vice President, PHD Chamber while Frameworks required. Looking at the relevant for India energy mix as it can welcoming Mr. Sturle Harald Pedersen present scenario, he explained how have impacts on its main incentives: mentioned that Hydrogen is the Hydrogen Fuel can be an effective meet climate policy commitments, simplest and most abundant material energy resource in this world of energy security and urban air pollution, available on earth and its usage in climate change and help in green he further elucidated. energy will help to boost the energy future sustainability. Mr. Mahendra Rustagi, Co- sector. He explained that Hydrogen is chairman, Environment Committee, Dr J P Gupta, Chairman, the fuel with the highest energy PHD Chamber delivered the vote- Environment Committee, PHDCCI in content per weight but its density in of-thanks wherein he expressed his his address talked about the positive atmospheric conditions is only at 90 gratitude to Mr. Pedersen for his effects of the pollution free fuel on grams per cubic meter. To achieve excellent presentation which covered Climate Change. He also said that this level of energy density, efficient all the aspects from the characteristics, Renewal fuel is going to be a path comprehension of hydrogen is benefits and production to the breaking fuel in future and it will essential. He further explained that regulatory aspect.

PHD Chamber Bulletin | July 2020 33 CAW

Indigenisation of Critical & Strategic Materials in Defence Manufacturing

he Defence and HLS Committee Khanna, MD, BAE Systems India and Defence Industry including the OFB, of PHD Chamber organized an Mr. Ashish Saraf, Head Helicopters DPSUs, DRDO, Private Sector and Tindustry interactive webinar with Business, Airbus South Asia. Foreign OEMs, who discussed and Mr. Raj Kumar, IAS, Secretary Defence Mr. M K Gupta, Chairman, PHD deliberated on issues and perspective Production, on “Indigenisation Defence & HLS Committee presented of Indigenisation of materials in of Critical & Strategic Materials in the theme note and set the tone defence manufacturing in India. Defence Manufacturing” on June 2, for a holistic discussion. Mr. Vikram The Secretary Defence Production 2020. Sahgal, Co-chairman, PHD Defence & informed that the Ministry of Defence Mr. Sanjay Aggarwal, Senior Vice HLS Committee gave the perspective is working on the Defence Export President, PHD Chamber welcomed of the Indian Private Sector on the Promotion Body proposed by PHD the Secretary Defence Production subject and Mr. Satyanarayan Nuwal, Chamber for which the Defence and all the Panelists including Mr. Hari Co-chairman, PHD Defence & HLS Committee had submitted a concept Mohan, DGOF & Chairman, OFB; Mr. Committee delivered the vote-of- note earlier to the Ministry of Defence. R Madhavan, CMD, HAL; Dr S K Jha, thanks to the guests. There was an overwhelming CMD, MIDHANI; Mr. William Blair, VP The webinar saw the presence of participation of more than 300 & CEO, Lockheed Martin India; Mr. Nik all the key stakeholders of the Indian delegates for this webinar.

34 PHD Chamber Bulletin | July 2020 CAW

Webinar on Workplace Wellness for Better Immunity & Higher Productivity

he PHD Chamber organized important qualities of a good leader employees and treats them like a an interactive session on and a successful leader should get family. T“Workplace Wellness for Better into the shoes of its employees to Mr. Chitranjan Dar, Group Head Immunity & Higher Productivity” on understand their perspective. While (Central Projects R&D, Sustainability, June 4, 2020. every company has challenges, a Quality), ITC Limited, emphasized that The eminent panelists at the healthy working environment will help people are the most important asset session were Dr R K Somany, Chairman in retaining the employees and keep to any organization and developing & MD, HSIL; Mr. Sarthak Behuria, them dedicated to the company, he them is very important for reaching Senior Advisor, Reliance Industries; further stated. new heights of success. He always Mr. S K Roongta, Ex-Chairman, SAIL; Mr. S K Roongta, Ex-Chairman, believed in the open-door policy for Mr. Alok Shriram, Senior Managing SAIL, while talking about the work keeping two-way communication with Director and CEO, DCM Shriram environment emphasized that trans- its employees and at the same time, Industries Ltd; Mr. Chitranjan Dar, parent communication and result nurturing to create a team that grows Group Head (Central Projects R&D, orientation are necessary to ensure in knowledge expansion and success. Sustainability, Quality), ITC Ltd. that the organization works smoothly Mr. Ajay Poddar, MD, Syenergy and Mr. Ajay Poddar, MD, Syenergy in the long run. Employees should Environics Ltd, as an initiator of Environics Ltd. follow the process and rules which will the webinar, emphasized the need Dr R K Somany, Chairman & MD, help in the growth of the organization to focus and increase the wellness HSIL mentioned about introducing as well as of employees. The aspiration programs in the workplace which can a family concept in which the family of the employees should be in sync lead to better immunity and health of members of an employee are called with the organization’s vision and the employees and higher productivity and are informed about the hard mission. in delivering of work. work being done by their relative at Mr. Alok Shriram, Senior Managing Dr D. K. Aggarwal, President, PHD work- a practice being followed in his Director and CEO, DCM Shriram Chamber in his address deliberated organization. Industries Ltd, highlighted that a on the importance of a healthy work Mr. Sarthak Behuria, Senior happy employee is a responsible and environment. He said that an employee Advisor, Reliance Industries, productive employee. This can be spends 1/3rd of his time and take 1/3rd deliberated that trust in employees, achieved if the senior management of his meals at the workplace, hence empathy and decision making are understands the condition of the healthy work environment is much

PHD Chamber Bulletin | July 2020 35 CAW

more important to feel connected and He also talked about the increase in panellists and the participants. be loyal to the company which leads standing workstations, work from The session was held in partnership to longer service periods. He also home, remote working, and how such with Syenergy Environics Ltd. along emphasized the need for wellness flexible working patterns have led to with Media partners including programs in the organization which better employee satisfaction and a MedGate Today; DRUG Today Medical will help to maintain the immunity productive environment. Times; Crystal Hues; Pharmatutor and of employees along with keeping Mr. Sanjay Aggarwal, Vice others. the work environment productive, President, PHD Chamber delivered the positive, and healthy in the long run. vote –of- thanks to all the esteemed

How to Jumpstart your Business Digitally during and Post COVID Crisis for MSMES

HD Chamber organized a webinar reasons for MSME segment to online, its benefits and how an online on “How to jumpstart your rethink their customer requirements website is in effect if your store Pbusiness digitally during and post and their business models. Digital opened 24/7. COVID crisis for MSMES” on June 11, transformation is not just using apps or Mr. Roshan Paul, Head, Digital 2020.The objective of the webinar was social media, it has to be aligned to the Marketing and Brand ID and Content to provide step-by-step instructions of business goals and business processes creation, Finplus spoke on six Digital how one can easily use digitally and e with clearly defined metrics to justify Marketing ways to grow your business -Commerce to fill up the empty void the efforts and the investment. exponentially. in business formed with the current Mr. Rohit Pawar, Head, Go to The webinar ended with a vote-of- crises and help in handholding of the Market Strategy and Operation, thanks delivered by Ms. Spardha Jain, brand from day one. Finplus Business Finplus spoke about the ways and CEO, Investor and Promoter at FinPlus Solutions was the knowledge partner means you as a business owner can Business Solutions, followed by a of the webinar. grow your business ten times and question and answer session. Mr. D P Goel, Co-chairman, make a difference. The webinar was moderated by Dr MSME Committee, PHD Chamber Mr. Viraj Parikh, Head Web Assets Ranjeet Mehta, Principal Director PHD said the unprecedented changes and Application Development Finplus Chamber. that have taken place in the wake of shared his expertise about the ways COVID-19 are throwing up compelling and means to take your business

36 PHD Chamber Bulletin | July 2020 CAW

Renewed Role of Industry and the Government for Skilled Manpower: Post COVID 19 Perspective

he Skill and Entrepreneurship laptops, though smart phones can fill under the Skill Development Schemes Development Committee of in the gap. Online monitoring of the of the Government of India, the TPHD Chamber organized an skilling activities need to be done not President added. interactive webinar on the ‘Renewed for attendance but for the learning Mr. Pradeep Multani, Vice Role of Industry and the Government outcomes, he added. President, PHD Chamber in his address for Skilled Manpower: Post COVID He also suggested that said we are now witnessing the fourth 19 Perspective ’ with Mr. Praveen overdependence on the government industrial revolution, Industry 4.0, Kumar, IAS Secretary, Ministry of Skill for Skilling needs to pave the way which is taking technology adoption in Development and Entrepreneurship, for Fee based programmes. The manufacturing to a whole new level. In on June 5, 2020. Secretary shared that ITI Rejuventaion India, the adoption of Manufacturing Mr. Praveen Kumar, IAS, Secretary, plan is underway on lines of the Sarv 4.0 is at a nascent stage. The industrial Ministry of Skill Development and Shiksha Abhiyan and welcomed the sector is an integral part of ‘Make in Entrepreneurship, said that the industry to tie-up with 15000 ITIs. He India’. Skilling is the most critical and Ministry of Skill Development will also talked about the openness of the complex component of manufacturing be releasing soon the SOPs for government to look at the regulatory transition, which will provide the opening and operating of Skill Centres simplification of the Apprenticeship necessary framework for propelling with Social Distancing Norms and Act to encourage industry for taking industrial growth. will launch the Skill Management up apprentices for industrial training. Mr. Vishal Jindal, Chairman, Skill Information System while working on He also clarified that the government and ED Committee, PHD Chamber Reverse Migrants. He also said that is not looking at any bail out package shared the issues and challenges faced there was a great asymmetry in the for the Skill Development Industry. by the industry while also suggesting information of demand and supply Dr D K Aggarwal, President, PHD relief measures and steps to ensure of skilled workers - a need which will Chamber talked about the manner in smooth working of the industry. be fulfilled by the Skill Management which the labour work force has got Mr. Saurabh Sanyal, Secretary Information System. displaced during these Covid times and General, PHD Chamber while delivering The Secretary further added that the need to ponder over the fact that the vote-of-thanks to the Secretary we are entering an era of Blended many of those may not return to their and the Panelists also thanked the learning wherein techniques and workplaces for months now which Sponsors namely, Mr. Balaji Exims technologies like AI and Simulation may require re-skilling the workers. and Ajit Industries for supporting this will be used for learning outcomes; The Skill Development Ministry may meaningful webinar. yet he cautioned that we are faced like to guide the industry and issue The Webinar was moderated by with the challenge of a large section necessary guidelines for online skilling Mr. Vivek Seigell, Principal Director, of population not equipped with for various skilling projects sanctioned PHD Chamber.

PHD Chamber Bulletin | July 2020 37 CAW

Mr. D P Goel, Co-chairman, MSME Committee, PHD Chamber, apprised Entrepreneurial Opportunities the participants during the webinar and Idea Generation - Validation and Evaluation

he PHD Chamber in association which helps a company to grow, making their start-ups and are now with Inderprastha Engineering drive business expansion and turns flourishing in the industry. TCollage hosted an interactive challenges into opportunities. It’s a Ms. Priyanka Madnani, Founder webinar on “Entrepreneurship consistent process that needs to be and CEO, Easy to Pitch, gave an Opportunities and Idea Generation- implemented. He further talked about insightful presentation on how to pitch Validation and Evaluation” on June the thoughts of driving a business an idea, types of pitching, techniques, 6, 2020 with industry experts and idea. There are two types of business and styles of pitching and how to make business coaches. The esteemed models of working, one is B2B which pitch desks. She also highlighted the delegates who deliberated in the is personal and slightly tweaked as need to put the idea of the start-up or webinar were Mr. Rahul Bagga, compared to competition companies company on paper in such a way that Director, Adastra IP; Mr. Vivek Dahiya, and other is an innovation-driven the other side of investors or potential Investor, Strategist, Mentor, Founder, business where one wants to solve stakeholders can understand and Boudhik Ventures; Ms. Priyanka longstanding problems of consumers grasp the information easily. Madnani, Founder and CEO, Easy to and in that process establish their Ms. Priyanka Gupta, Head EDC, Pitch and Ms. Priyanka Gupta, Head name and fame in the market. He IPEC gave insights into the need EDC, IPEC. opined that both the business models for good planning and strategizing need a lot of work, brainstorming, The objective of the webinar was which are essential for starting a dedication, and correct orientation. to provide the right tips and guidance business in these competitive times. He gave numerous examples and case on creating and presenting your ideas She highlighted the need to stay studies to support his deliberation. for businesses for students and start- focussed on the goals, mission, and ups who are willing to start their Mr. Vivek Dahiya, Investor, vision of the company which is an venture. Strategist, Mentor, Founder, Boudhik essential pillar to grow and progress During the opening remarks, Ventures, talked about the idea, in the industry. She also talked about Mr. D P Goel, Co-chairman, MSME idealizing, validation and evaluation her personal experience in starting a Committee, PHD Chamber, shared the which is considered a starting step company, the challenges faced, and issues and challenges faced by the new towards building a start-up. He the opportunities which helped her to start-ups in setting up business and deliberated about making the idea drive her business. into a reality through examples and strategy to outstand in the market. Mr. Mukul Sharma, Associate case studies of various start-ups He explained the past and present of Officer, Inderprastha Engineering and companies. He talked about the the entrepreneurship industry and the College, delivered the vote- of- thanks importance of starting point, planning, opportunities for growth available in to all the esteemed delegates and strategizing, and making it flexible for the present times. summarised the session. The webinar the changing times. He also shared Mr. Rahul Bagga, Director, Adastra was moderated by Mr. Mithilesh success stories of students in colleges, IP, deliberated that idea is a process Kumar, Joint Secretary, PHD Chamber.

38 PHD Chamber Bulletin | July 2020 CAW

Exclusive Webinar by Yoga Guru – Dr Surakshit Goswami

he Women Entrepreneurship and Sukhrana to keep mind, body and has given us time to rejuvenate (WE) Committee of PHD soul peaceful during these times of ourselves and devote some time to our TChamber jointly with Media and COVID-19. health and body. Mr. Mukesh Gupta, Entertainment Committee organized a Dr D K Aggarwal, President, PHD Chairman, Media & Entertainment webinar on ‘Yoga Session by Yoga and Chamber in his address stated that Committee, PHD Chamber talked Spiritual Guru- Dr Surakshit Goswami COVID-19 has affected our stress levels about the importance of practicing ‘ on June 7, 2020. The objective of and lifestyle. Hence there is a need to Yoga daily. this webinar was to motivate the strengthen our immunity, and stabilize Dr Blossom Kochhar, Co- participants during this pandemic. ourselves mentally, spiritually, and chairperson, WE Committee Dr Surakshit Goswami, Yoga emotionally. He further deliberated delivered the formal vote-of-thanks and Spiritual Guru spoke on how to about the importance of yoga which to the participants. The Webinar was balance life, wellness & happiness, helps to connect mind, body, and soul sponsored by Mr. Mukesh Gupta, how to control your mental health and and is one of the ancient forms of CMD, Graphisads and was moderated keep your mind, body and soul strong exercise which has several benefits. by Dr Yogesh Srivastav, Principal with YOGA and MEDITATION. He Dr Aruna Oswal, Chairperson, Director, PHDCCI. discussed and showed a few Aasans WE Committee while delivering the The session went live on YouTube and Pranayams during the live session. welcome address said that YOGA and on Sadhna TV and was watched by He said that just follow the three helps us to stay mentally strong and almost 2 lakh people. mantras of Muskurana, Gungunana, stay focussed. She said that COVID-19

PHD Chamber Bulletin | July 2020 39 CAW

Digital Disruption in Retail - Fight the Massive COVID-19 Outbreak Digital Virtual Malls- The Next Turning Point in the Retail Industry

hile COVID-19 has given will aim to bring together the best of zero commission charged by the challenging times to every offline and online worlds by delivering marketplace, direct supply to the Wsector and industry of the experience of traditional malls customers, minimized return policy, the world, the retail sector will be where brands have dedicated shops and many more. He said that it will be a witnessing a paradigm shift with and convenience of online shopping. stress-free experience for consumers the coming of digital virtual malls The brands will get unlimited selection as they are looking for the best quality which will be an innovation twist and the customers will get the benefit economic pricing. in the retail sector. To understand of buying anytime, anywhere. Mr. Saket Dalmia, Chairman, Retail the nuances and way forward, PHD Mr. Rishabh Mehra mentioned Committee, PHD Chamber in his Chamber hosted a webinar on “Digital that the mall will be opened in opening remarks spoke on the need Disruption in Retail - Fight the Massive multiple cities including Delhi, Noida, for a change in the retail sector looking COVID-19 Outbreak” with Mr. Rishabh Ghaziabad, Gurgaon, Mumbai, at the demands of the customers. Mehra, CEO, Digital Mall of Asia on Bengaluru, Hyderabad, Chennai He emphasized for increase in June 8, 2020. and globally in China, Japan, South e-commerce platforms which has led Mr. Rishabh Mehra, CEO, Digital Korea, Singapore, Malaysia and many to a change in the choices, variety, Mall of Asia, while deliberating the more. Each mall will have a different buying habits and purchasing patterns session, mentioned that Digital Mall interface inspired by being part of of the customers. of Asia, a virtual e-commerce platform the same portal. It is developed on a Mr. Saurabh Sanyal, Secretary was primarily designed to offer scalable, robust, secure, and reliable General, PHD Chamber delivered the immersive shopping experiences technology to manage an ecosystem vote- of -thanks to Mr. Rishabh Mehra to consumers. It is looking forward of brands. and other participants. to partner with global, luxury, and Mr. Mehra also gave a brief of how Dr Yogesh Srivastav, Principal diversified brands intending to brands can register themselves and Director, PHD Chamber moderated diversify the platform’s products and buy or rent an e-shop. He discussed the webinar. service offerings. the benefits of associating with He explained that the digital mall digital malls of Asia which include

40 PHD Chamber Bulletin | July 2020 CAW

Impact of COVID-19 on Corporate Frauds with Recent Case Studies

he Corporate Affairs Committee up to help people in the crisis. Mr. JN Gupta, Co-Founder& of PHDCCI organized a webinar Mr. Naveen N D Gupta, Chairman, Managing Director, Stakeholders Ton “Impact of COVID-19 on Corporate Affairs Committee, PHDCCI Empowerment Services in his expert Corporate Frauds with Recent mentioned that the corporate frauds insights said that in India if compliance Case Studies” on June 11, 2020. The and compliances are interrelated i.e becomes part of DNA, the mindset will objective of the webinar was to if the compliance is low then it will change. He added that there is always have an insight about the impact of definitely have an impact on the fraud. an Asset Liability mismatch and the COVID-19 on corporate frauds taking a He highlighted that annually 5% of reducing gap of overnight commercial practical realistic view. revenue of the corporates are wiped papers. He highlighted that the frauds Mr. Pradeep Multani, Vice out because of the frauds. are allowed to happen due to lack of governance and corporate frauds President- PHDCCI in his welcome Mr. Pawan Kumar Vijay, Founder, basically emerge from the greed. address mentioned that the Corporate Professionals was the He suggested that it is a better way combination of heath and financial eminent speaker for the webinar of surviving in the industry by not aspects creates more chances of fraud. and in his address mentioned that committing the fraud. He further quoted that fraudsters COVID-19 is vulnerable to corporate flourish on FUD -- Fear, Uncertainty frauds. He said that in the COVID-19 Mr. Naveen N D Gupta also and Doubt, taking advantage of the era, corruption has increased and delivered a formal vote-of-thanks to fact that users are more likely to be recession is going on with fraud all the eminent speakers, sponsor and stressed and uncertain than usual. He reaching at your door step. He further participants. The webinar had a power stated that Corona virus themes are entailed about the emerging issues packed attendance of more than 200 common with criminals pretending such as disturbed audit function, lack participants which included CFOs, to be providing vital information of cyber security, lack of awareness Finance & Legal Heads, CA, CS, CMA about health recommendations or and new innovations of fraud taking and CFA. The webinar was sponsored statistics or even representing a new up. by Tata Power Delhi Distribution Ltd. government or local organization set

PHD Chamber Bulletin | July 2020 41 CAW

Cancer Care During COVID-19 Times- Tackling of NCDs

he Health Committee of impact of COVID-19 pandemic on to take the necessary precautions, PHD Chamber organized an Cancer care, highlighting that COVID-19 we also need to make our healthcare Tinteractive video conference on is global which is disrupted healthcare. services adequately safe for the “Cancer Care during COVID-19 Times: He explained that one dimension is non-COVID conditions, protect the Tackling of NCDs” on June 11, 2020. the number of deaths due to COVID-19 patients, community, workers, and The webinar was moderated by Mr. and the other is a disruption in life and doctors. All the procedures for early Vivek Seigell, Principal Director, PHD care. As a medical practitioner, we diagnostics will have to go on with Chamber. cannot delay treatment of any disease added precautions without any delay, Mr. Pradeep Multani, Vice during this period. stated Dr Subramanian. President, PHD Chamber in his remarks He further highlighted that cancer Dr Gopi Chand Khilnani deliberated mentioned that non-communicable needs early attention. Apart from about the COVID infection and its diseases – including cardiovascular, cancer, there are other (NCD) like effect in various parts of the world cancer, chronic respiratory diseases diabetes, hypertension, health, and and talked about its characteristics and diabetes – kill 41 million people lung disease which constitute a large and symptoms. He said that every year. Mr. Multani further added portion of deaths. We are aware that when COVID-19 reached India, the that investing in better management raising awareness, treatment, and government took swift action by of NCDs is critical. Management of prevention of these conditions is taking measures like quarantines, NCDs includes detecting, screening going to cost us nearly US$ 47 trillion isolation, social distancing, and and treating these diseases, and in the next 10 years. lockdowns which helped to prevent providing access to palliative care He said that old people suffering the massive spread of this pandemic. for people in need. High impact from diabetes, kidney and lung After 2 months of lockdown, as we essential NCD interventions can be diseases are required to be cautious have started to unlock ourselves, we delivered through a primary health and try to take measures to boost are noticing a severe escalation of the care approach to strengthen early their immunity. number of cases. But, we are doing detection and timely treatment. robust testing, providing medical He emphasized the need to focus on Evidence shows such interventions treatment and facilities to the patients early interventions and the detection are excellent economic investments at the earliest. of NCDs as it is critically important. because, if provided early to patients, It’s time to understand that COVID is Talking about Cancer and other they can reduce the need for more going to take a while to go away and NCD, Dr Gopi Chand Khilnani said that expensive treatment. we cannot let other diagnostics suffer recently, there was an increase in the Dr N Subramanian, discussed the because of this pandemic. We need cases of heart attacks in the US as the

42 PHD Chamber Bulletin | July 2020 CAW people in the US were sceptical about got back to track. Today, in every part panellists for sharing their knowledge going to hospitals. We have learned of the world, cancer treatment is not and experience. He further shared that COVID-19 not only affects the interrupted. It is done slowly by taking that eating a healthy diet, increasing lungs, it also affects the brain, heart, all the precautions. physical activity and avoiding tobacco cardiovascular system, intestines, Mr. Aditya Talwar gave a brief use can prevent 80% of premature and other parts of the body. Early insight into H.O.P.E. Oncology Clinic, heart disease, 80% of type 2 diabetes detection and treatment are one of its journey, and how it facilitates as a cases and 40% of cancers. Mr. Sanyal the most advised ways to treat this center for cure for cancer patients. He lastly concluded that Epidemic disease. also highlighted the measures taken preparedness – today and in future Dr Amish Vora discussed that by the organization is keeping their – depends on strong health systems, Cancer is not a terminal disease and patients safe during these times and a resilient, qualified, well-resourced statistics show that cancer patients treating every patient, health worker health workforce and healthy can be cured completely for life and and support staff as a part of the populations. there is treatment available to treat family. He also discussed that while The webinar was sponsored this disease. During COVID-19, there the organization takes care of the by H.O.P.E. Oncology Clinic & PSRI is a change in perception towards patients medically; it also looks after Multispeciality Hospital with Media cancer. He further deliberated about their beauty and wellness. partners including MedGate Today; the short pause in the availability of Mr. Saurabh Sanyal, Secretary Medical Times; Pharmatutor and medications and facilities of cancer General, PHD Chamber delivered others. during this pandemic and how it shiftily the vote- of- thanks to all eminent

PHD Chamber Bulletin | July 2020 43 CAW

COVID-19 Effect on Economy and Capital & Commodity Markets

he Capital Market and gave his extensive views on the there is a great opportunity for them. Commodity Market Committee subject matter mentioning that the Mr. Sanjay Aggarwal, Senior Vice Tof PHD Chamber organized stock market is a journey and as President, PHDCCI delivered the vote- a webinar on ‘COVID-19 Effect on per the experience of past crisis, it of-thanks to speakers, participants Economy and Capital & Commodity remains always prepared due to its and Associate Partner. He opined that Markets’ on June 12, 2020. forward looking approach. He stated liquidity is the prime driver for stock Dr D K Aggarwal, President, PHDCCI that there is an opportunity to make markets and expected that the stock in his welcome address discussed good money by understanding the markets will rebound and return to a about the expected change in GDP trends, consumer behavior and also new sense of normality soon. by diversifying investments and asset rate of India and was optimistic The webinar was attended by allocation. that soon the economy will start to Mr. Rajeev Kumar Agarwal, Former grow. He appreciated the proactive Mr. Madhu Kela, Founder, M K Whole Time Member, SEBI; Dr measures taken by the Government Ventures while sharing his expertise Satish Arya, Managing Director, for the unlocking phase. He suggested over the subject matter mentioned Steel City Securities Ltd; Mr. Vishwa that the government should focus on that markets are forward looking and Mohan Bansal, Chairman, Education more spending. also start discounting when they see Commitee, PHDCCI; Mr. Mahesh Mr. B K Sabharwal, Chairman, any crisis coming up. He commented Desai, Director, Sunidhi Securities and Capital Market and Commodity Market that in democratic countries like Finance Ltd; Mr. Narinder Wadhva, Committee, PHDCCI moderated India, reforms are announced only in President, CPAI along with other Senior the webinar and mentioned that in crisis as it becomes need of the hour PHD Chamber Members, industrialists, uncertain market environments, like and also not much opposed by other Brokers, Commodity & Capital Experts the current one, investors tend to parties. He advised investor to invest and Financial professionals. in pharmaceutical and telecom sectors be especially pessimistic about how The webinar was conducted and PSUs. He added that the nature businesses will perform, which can in association with Commodity of the market is highly volatile and result in steep market declines. Participants Association of India. investors who can digest the volatility, Mr. Ajay Bagga, Market Expert

44 PHD Chamber Bulletin | July 2020 CAW

POST LOCKDOWN STRATEGIES FOR CMDs OF PSUs

HD Chamber’s Railways PHD Telecom Committee shared cyber-attacks in today’s scenario is an Committee organized a that all industries are struggling with equally important issue and Railtel is Pwebinar on “Post Lockdown labour issues among other challenges. working towards the same. Strategies for CMDS of PSUs” on While sharing the Industry In his key note address, Mr. S.K. June 4, 2020. The webinar focused Perspective, Mr. Veenu Jain, Chaudhary, Chairman & Managing on the Initiatives and post lockdown Chairman, PHD Railways Committee Director, Ircon International. Ltd. strategies initiated by Public Sector said the current scenario has resulted shared that due to the availability Undertakings to overcome the effects in many lifestyle changes and we all of 20% labourers, construction work of the Lockdown. should work together towards the has started in green zones and in The eminent Panelists at the PM’s call of Aatma Nirbhar Bharat. some parts of Karnataka, Gujarat webinar were Mr. S.K. Chaudhary, Mr. Puneet Chawla, Chairman and J&K. Mr. Chaudhary pointed out Chairman & Managing Director, Ircon & Managing Director, RailTel that since, construction is a labor- International. Ltd. and Mr. Puneet Corporation of India Ltd. in his intensive sector, it will be critical how Chawla, CMD, RailTel Corporation of special address shared that the the labour is handled with proper and India Ltd. COVID-19 pandemic has accelerated safe spaces will have to be provided Dr D K Aggarwal, President, the technology changes with the for their accommodation while being PHD Chamber while delivering his concept of Industry 4.0 also being educated about certain practices presidential address welcomed implemented. He shared that Railtel’s such as wearing masks, sanitizing, the panelists and delegates. He telecommunications network is the maintaining social distancing, etc. also appreciated the outstanding backbone of Indian Railways and As a result, this will increase the cost achievements of both the PSUs under it has implemented E-office across of labour. The CMD also opined that their CMD’s leadership. Mr. Aggarwal major establishments. He shared according to industry expectations, shared that with Unlock 1.0 in full the new projects launched by RailTel the situation is likely to improve by swing and the economic activities like Teleconsultation Service for the September 2020. being re-started in India, PSUs shall Railway employees with doctors Mr. Sanjay Aggarwal, Sr. Vice face major challenges with lack of on line, Entertainment Content on- President, PHDCCI delivered the revenues and manpower shortages. Demand for the travellers in India formal vote- of- thanks and shared his Mr. Sandeep Aggarwal, Chairman, on his/her cell phone. Mr. Chaudhary thoughts. The webinar was moderated also shared that protection from by Dr Ranjeet Mehta.

PHD Chamber Bulletin | July 2020 45 CAW

Interactive Session with STATE BANK OF INDIA on Corporate Finance Emerging Issues, Challenges and Opportunities-During COVID -19

he BFSI Committee of PHD of industries and sectors up to some demands from the private sector Chamber organized an extent. He also lauded the support amidst the coronavirus crisis, there is a Tinteractive session with STATE given by SBI to their customers. complete lack of fresh investments by BANK OF INDIA on “Corporate Chief Guest, Mr. Sujit Varma, businesses. However, the lenders at Finance – Emerging Issues, Challenges Deputy Managing Director- this juncture still have to be prudent in and Opportunities- During COVID Corporate Accounts Group-SBI in their lending decisions and cannot be -19” on June 9, 2020 . The objective his address mentioned that COVID “reckless”. of the event was to sensitize all the -19 has turned from a health crisis He further stated that “Our industrialists and stakeholders on how to an economic crisis. In his expert chairman has mentioned that to overcome the challenges they are insights on the current statistics, he wherever there is a bankable proposal, facing due to pandemic COVID-19 and further added that the severe digital we are willing to fund that, which we best possible ways to carry forward disruptions in supply chains, cash flow keep on saying as well. SBI being the their businesses in a healthier way. mismatch, increased working capital largest bank, I can tell you that we Dr D K Aggarwal, President- requirements, raw material shortages, are always willing and we are ready to PHDCCI, in his presidential address forex losses, labour crisis are the major play our part and extend that support gave an overall industry perspective challenges of the industry. He added to help the economy and various and insights. He mentioned that that banks are flushed with liquidity. industries.” The Chief Guest said that sectors worst affected are automobile, The banks on an average are parking Post lockdown the corporates -- big real estate, aviation and hospitality Rs. 6-7 lakh crores to the reverse repo or small -- will have to re-evaluate and and to meet the expenses need big window (of the RBI where they earn re-asses their business plans. He also financial support or else will collapse. interest), because banks do not see suggested the businesses to make He gave an overview of the measures any credit off-take, there are no credit best use of the relief package provided initiated by RBI which helped in revival

46 PHD Chamber Bulletin | July 2020 CAW by the government and the RBI. Mr. Pradeep Multani-Vice measures to smooth the operations. Mr. Sanjay Aggarwal, Senior Vice President, PHDCCI appreciated the Mr. Jyoti Prakash Gadia-Co- President, PHDCCI applauded the efforts done by State Bank of India to chairman- BFSI Committee delivered initiatives provided by SBI to their help businesses. the vote-of-thanks to the esteemed customers. He also mentioned that 21% Mr. Vinod Jain, Chairman- BFSI guests. of the share of deposits of the country Committee, moderated the session. The session witnessed a is controlled by the SBI, making it one He put the industry perspective, participation of more than 700 industry of the strongest pillars of the country issues and challenges being faced by experts across the country. Resurgent in the banking sector. industries and also suggested relief India supported this webinar as the knowledge partner.

Interactive Video Conference on The UK, Your Growth Launchpad Opportunities for Expanding Your Business & Investing in the UK

he PHD Chamber in partnership Mr. Kamlesh Rajput, CEO, Sterling of the most eyed destinations for with Sterling Finance (UK) Finance deliberated on the growth education, innovation, technology, Thosted an interactive session opportunities for businesses in the and now it has expanded its base on “The UK, Your Growth Launchpad- United Kingdom and stated that UK to business expansion offering low- Opportunities for expanding your is a destination for people who are interest rates, flexible workforce, and business & investing in the UK” on exploring opportunities for expansion many more. June 11, 2020. Mr. Pradeep Multani, of businesses. He gave an in-depth The session was moderated by Vice President, PHD Chamber in his deliberation on the action plan for Ms. Sharon Ashmore, Sterling Finance welcome address stated facts on setting up a business in the UK which along with Mr. Naveen Seth, Principal growing business opportunities in the includes setting-up the company, Director, PHD Chamber. The session UK which has been considered one of business set-up, registering for Taxes, was attended by senior members of the investment destinations for Indian HM Revenue and Customs, Legal PHD Chamber and received extensive Companies. Compliances, and Operations set-up. participation from India and the UK. United Kingdom has become one

PHD Chamber Bulletin | July 2020 47 CAW

PHD Virtual Conference on Making of AATMA- NIRBHAR BHARAT

Mr Saurabh Kumar, Managing Director, Energy Efficiency Services Limited (EESL); Dr VK Saraswat (Padma Bhushan), Hon’ble Member, NITI Aayog; Dr D K Aggarwal, President, Mr. Sanjay Aggarwal, Senior Vice President, Mr. Saurabh Sanyal, Secretary General and Dr Ranjeet Mehta, Principal Director, PHD Chamber

HD Chamber organized a virtual Essential Commodities Act which will as pharmaceuticals, life sciences conference on ‘Making of give freedom to Indian farmers to sell and new age sciences to curtail PAATMA-NIRBHAR BHARAT’ on their produce in the market where India’s dependence on imports. The June 10, 2020. The virtual conference they want to, which ultimately leads pandemic has made India learn a hard was organized on the backdrop of to one nation and one market. lesson to go for local supply chains. Prime Minister Narendra Modi’s Mr. Saurabh Kumar, Managing He also stressed the importance of address to the nation on May 12, Director, Energy Efficiency Services the 5I’s, Intent, inclusion, investment, 2020 wherein he gave a clarion call Limited (EESL) in his keynote address infrastructure, and innovation, the for making India AATMA-NIRBHAR stressed the support of Indian key driving pillars of the economy and BHARAT. The objective of organizing Corporates in adoption of new there is a need to go for concrete set of this virtual conference was to discuss technologies such as electric vehicles action points for achieving these 5I’s. and deliberate on specific strategies which are environmentally friendly and He further added that government and an action plan towards making for overall sustainable development. has earmarked Rs. 1.02 lakh crores India Self-reliant and how Indian He further added that due to the for developing Infrastructure economy can recover from the impact pandemic many migrant workers have development in the country in this of COVID -19 pandemic and become an gone back to villages, therefore there fiscal. economic powerhouse in the times to is need to further sustain and develop Mr. Sanjay Aggarwal, Senior come. rural infrastructure by implementing Vice President, PHD Chamber in his Dr D K Aggarwal, President use of innovative technologies concluding remarks said that PHD PHD Chamber while delivering his like decentralized solar plants for Chamber will stand in full solidarity Presidential address delved on the supplying power to agriculture which with the government and support its importance of being vocal about local are cheaper and environmental members in every possible manner. for making India self-reliant or AATMA friendly in comparison to power Mr. Saurabh Sanyal, Secretary- NIRBHAR BHARAT. He further added generated by coal or gas based plants. General, PHD Chamber delivered the over reliance on one country or one Dr V K Saraswat (Padma Bhushan), vote- of- thanks to all the esteemed source could be detrimental to the Hon’ble Member, NITI Aayog in his delegates. The virtual conference larger interests of the country. He inaugural address mentioned the was moderated by Dr Ranjeet Mehta, appreciated recent administrative need to invest in building robust Principal Director, PHD Chamber, and reforms, incentivize use of digital Supply Chain Systems and funding received extensive participation. technologies and amendments to new frontier areas of research such

48 PHD Chamber Bulletin | July 2020 CAW

Dr Ranjeet Mehta, Principal Director, PHDCCI; Mr. Rajeev Mathur , Chairman, Hydrocarbon Committee, PHDCCI; Mr. V. K Mishra (Director LNG as Alternate Finance Petronet LNG ltd); Mr. Ashwani Dudeja (Country Head Shell); Mr. Salil Gupta Member PHDCCI; Mr. Pankaj Wadhwa (Sr VP C&M Think Fuel in Long Distance Gas) and Mr. Sandeep Shrivastav (GA Head Nashik Mahashtra Gas Limited). Transportation

he Hydrocarbon Committee of and players as the availability of LNG is engines and efficient running of the PHDCCI organized a webinar on quite good across the world and good vehicles. T‘LNG as Alternate Fuel in Long infrastructure is being laid in India for Mr. V. K Mishra (Director, Fin Distance Transportation’ on June 11, the Import of LNG and pricing is also Petronet) talked about the bright 2020. quite attractive for stakeholders. He future of City Gas in the years to come. The webinar was graced by further gave details of the plans that He also spoke about the constraints, Mr. V.K Mishra Director Finance, were being worked upon towards the challenges and need of good pipeline Petronet LNG as the Chief Guest. use of LNG in trucking etc. and what infrastructure. He mentioned how Other Speakers included Mr. Rajeev are the challenges and focus areas. PLL is acting as a catalyst and Mathur, Executive Director Corp Mr. Pankaj Wadhwa (Sr VP C&M working with different regulatory Affairs/AM GAIL & Chairman, PHDCCI Think Gas) talked about the legal boards like PNGRB, Ministry of Hydrocarbon Committee; Mr. issues, commercial issues and current Roads & Transportation, SMPV, etc. Ashwani Dudeja, Country Head, Shell status of setting up the LNG stations. towards providing provision of LNG India Energy and Mr. Pankaj Wadhwa, He also mentioned the steps taken by as automotive fuel. He concluded Senior Vice President, Commercial Think Gas towards LNG Stations and his address by talking about all the & Marketing LNG from Think Gas its availability. He focused on how advantages of use of LNG as alternate Distribution Pvt Ltd along with other vehicle manufacturers have to come fuel and few other developments eminent people from the Industry. forward towards this initiative and initiated by Petronet. Mr. Rajeev Mathur in his welcome what changes need to be made in the Mr. Pawan Kumar Tibrawalla address gave a background of initial current vehicles to make them LNG Co-chairman, PHDCCI Hydrocarbon use of LNG and further mentioned how friendly and shared his experience Committee delivered the vote- of- LNG is a better fuel when it comes to and observations. thanks to all the delegates. emission standards, reducing import Mr. Ashwani Dudeja (CH Shell) The webinar was sponsored by bill and taking India towards a cleaner mentioned how use of LNG is better Petronet LNG and Maharashtra Gas and greener country. He mentioned it than electric & other fuels with Limited. is a good opportunity for stakeholders detailed explanation of its impact on

PHD Chamber Bulletin | July 2020 49 CAW

First Row- Dr D K Aggarwal, President, PHD Chamber; Dr Ashima Goyal, Member of Economic Advisory Council to the Prime Webinar on 20 Lakh Minister & Professor, Indira Gandhi Institute of Development Research; Mr. Sanjay Aggarwal, Sr Vice President, PHD Chamber; Row second-Dr Lalit Khaitan, Chairman, crore Stimulus Package Economic Affairs Committee, PHD Chamber; Prof N R Bhanumurthy, National Institute of Public Finance and Policy (NIPFP); Prof Ram Growth Prospects of Indian Singh, Department of Economics, Delhi School of Economics, University of Delhi; Ms. Yashika Singh, Co-chairperson, Economic Affairs Economy in COVID-19 and Committee; Third Row- Mr.Saurabh Sanyal, Secretary General, PHD Chamber; Mr. T K Arun, Editor, Post COVID-19 Scenario Economic Times and Dr S P Sharma, Chief Economist, PHD Chamber

he Economic Affairs Committee Economic Times participated in the crore should be seen with the aspect of PHD Chamber organized webinar. of sequencing of measures as the Ta webinar on ‘20 Lakh crore Dr Ashima Goyal, Member of lockdown has affected the supply side Stimulus Package: Growth Prospects Economic Advisory Council to the much more than the demand side. She of Indian Economy in COVID-19 and Prime Minister & Professor, Indira opined that with phased lifting of the Post COVID-19 Scenario’ on June 13, Gandhi Institute of Development lockdown, there will be focus on more 2020. Research in her address said that the direct demand measures in the coming Eminent Economists, Dr Ashima large economic loss due to COVID-19 times and spending on infrastructure Goyal, Member of Economic Advisory will pass soon as it is temporary in development will get a boost. Council to the Prime Minister & nature and result of a natural shock. Prof N R Bhanumurthy, National Professor, Indira Gandhi Institute In regard to high frequency data, she Institute of Public Finance and Policy of Development Research; Prof N R mentioned that there was recovery (NIPFP) mentioned that India was Bhanumurthy, National Institute of in some indicators, stock market has already experiencing a slowdown in Public Finance and Policy (NIPFP); Prof somewhat recovered, there is a rise pre COVID-19 period, which has been Ram Singh, Department of Economics, in demand for consumer durables, further aggravated due to emergence Delhi School of Economics, University among others. Further, she was of the of COVID-19 and resultant lockdown. of Delhi and Mr. T K Arun, Editor, view that the package of Rs 20 lakh While appreciating the measures

50 PHD Chamber Bulletin | July 2020 CAW taken by the government in areas and functional bond market. He for the socio-economic development of agriculture, defence, opening of opined that health infrastructure of the economy. strategic sectors, among others, he is crucial at this juncture and bank Dr Lalit Khaitan, Chairman, stated that these measures will help lending should be promoted to boost Economic Affairs Committee, PHD the economy in medium and long- industrial and investment activities in Chamber said that Rs 20 lakh crore term. He suggested that there is a the economy. would change the curve of economic need to focus on tackling the short- Dr D K Aggarwal, President, PHD development and will move towards term demand side situation, handhold Chamber in his presidential address reviving growth, infrastructure the state governments and focus on appreciated the mega economic development, reaping demographic achieving US$ 5 trillion economy in the stimulus package of Rs 20 lakh crores dividend, demand and technology. The coming times. and relief measures announced by reforms and relief measures provided Prof Ram Singh, Department of the Government. He added that by the Government will go a long way Economics, Delhi School of Economics, the reforms announced by the to make Atmanirbhar Bharat. University of Delhi stated that several Government will strengthen the Ms. Yashika Singh, Co-chairperson, national and international agencies various segments of the economy and Economic Affairs Committee, PHD have reduced India’s growth forecasts, socio-economic development in the Chamber was hopeful that the policy investments have come to a halt and country and lead to meet our objective focus on self-reliance is likely to give consumer & non consumer durables to become a self-reliant country going a fillip to overall manufacturing in have taken a hit. He mentioned forward. India that in turn will benefit the SMEs that the economic scenario due to Mr. Sanjay Aggarwal, Senior Vice through the value chain linkages. COVID-19 started as a supply side President, PHD Chamber stated that Mr. Saurabh Sanyal, Secretary problem, which has now transformed credit delivery must be promoted; General, PHD Chamber opined that into demand side problem. Going direct benefit transfers should be there is a need to speed up health ahead, effective implementation of encouraged along with reviving infrastructure development and reforms and spending on building demand in the economy. He stated attract investments in various sectors infrastructure at ground level will help that there is a need to develop of the economy. in mitigating the impact of pandemic soft infrastructure along with hard Dr S P Sharma, Chief Economist, COVID-19. infrastructure. He also mentioned that PHD Chamber moderated the session Mr. T K Arun, Editor, Economic the announcement on removing the and stated that India’s participation Times said that it is essential norm for farmers to sell agriculture in global GDP will increase with that hospitals are being built, produce only to licensees in APMCs is improvement in ease of doing business manufacturing of PPE kits and other appreciable as it will provide adequate and significant reforms undertaken by consumables should be seen as choices to them to sell their produce at the Government in the coming times. growth opportunities. He suggested attractive prices in a common market. that investment in infrastructure He urged that money should be needs to step up and create a viable provided to states /local municipalities

PHD Chamber Bulletin | July 2020 51 CAW

First Row: Mr. G P Madaan, Advocate & Co-chairman, Insolvency & Bankruptcy Committee, PHDCCI; Mr Sanjiv Sen, Senior Advocate, Impact of IBC Supreme Court of India; Mr. Sanjay Aggarwal, Sr. Vice President, PHDCCI. Second Row: Dr S P Sharma, Chief Economist, PHDCCI and Mr Saurabh Sanyal, Secretary General, PHDCCI. (Amendment) Third Row: Mr. Vipul Maheshwari, Advocate & Chairman, Insolvency and Bankruptcy Committee, PHDCCI; Mr. M M Kumar, Chief Justice (Retd.) J&K High Court, Past President, NCLT & Patron, NCLTBA and Mr. Dinesh Ordinance, 2020 Aggarwal, Co-chairman, Insolvency and Bankruptcy Committee, PHDCCI.

he Insolvency and Bankruptcy and Bankruptcy Committee, PHD resolution applicants to rescue the Committee of PHD Chamber Chamber; Mr. G P Madaan, Advocate corporate person who may default in Torganized a webinar on “Impact & Co-chairman, Insolvency and the discharge of their debt obligation of IBC (Amendment) Ordinance, Bankruptcy Committee, PHD during these difficult times. He opined 2020” on June 16, 2020. The objective Chamber and Mr. Dinesh Agarwal, Co- that the Ordinance is a game-changer of the webinar was to deliberate chairman, Insolvency and Bankruptcy for the survival of numerous corporate on the impact of IBC (Amendment) Committee, PHD Chamber, Mr. debtors across the country in the Ordinance, 2020 for the survival of Saurabh Sanyal, Secretary-General, wake of COVID-19 scenario. numerous corporate debtors across PHD Chamber and Dr S P Sharma, Mr. Sanjiv Sen, Senior Advocate, the country in the wake of COVID-19 Chief Economist, PHD Chamber. Supreme Court of India, stated that scenario. Mr. Sanjay Aggarwal, Senior the Insolvency and Bankruptcy Code The eminent speakers at the Vice President, PHD Chamber in his (IBC), 2016 is a landmark reform interactive webinar were Mr. Sanjiv welcome remarks highlighted about in the history of ease of doing Sen, Senior Advocate, Supreme Court the Insolvency and Bankruptcy Code business initiatives undertaken by of India; Mr. M M Kumar, Chief Justice (Amendment) Ordinance, 2020 which the government. The code aims to (Retd.) J&K High Court, Past President, has recently been promulgated by the protect the interests of the industry NCLT & Patron, NCLTBA; Mr. Sanjay Hon’ble President of India. He added stakeholders by providing one-stop Aggarwal, Senior Vice President, PHD that the Ordinance takes cognizance solution for resolving insolvencies and Chamber; Mr. Vipul Maheshwari, of the fact that it would be difficult by fostering healthy, transparent and Advocate & Chairman, Insolvency to find an adequate number of vibrant growth of the corporate sector

52 PHD Chamber Bulletin | July 2020 CAW of the country. He highlighted the pre for a default arising on or after March COVID-19 pandemic has impacted the and post (Amendment) Ordinance, 25, 2020 for a period of six months business and financial markets across 2020 scenario of the Insolvency and or upto one year as may be notified. the country and created uncertainty Bankruptcy Code and stated that the He added that there is a need to look and stress for the business beyond suspension of Section 7, 9 & 10 will at cases where creditors, as per the their control. Further, he accentuated provide a great relief to corporate Purchase Order or Contract of Supply, about the provisions of suspension of debtors. hold raising of invoices and issue them the Section 7, 9 & 10 of IBC Code. Mr. M M Kumar, Chief Justice post the completion of 6 months of Mr. Saurabh Sanyal, Secretary (Retd.) J&K High Court, Past President, the Ordinance to move the date of General, PHD Chamber, delivered the NCLT & Patron, NCLTBA, stated that default as per their convenience. vote-of-thanks to all the esteemed the IBC (Amendment) Ordinance, Mr. G P Madaan, Advocate & Co- dignitaries and summarized the 2020, issued on June 5, 2020 is only a chairman, Insolvency and Bankruptcy session. partial relief to the ongoing economic Committee, PHD Chamber stated Dr S P Sharma, Chief Economist, crises. He opined that section 240A that through suspension of the PHD Chamber while moderating should have been used to rescue the operation of Sections 7, 9 & 10 of the webinar mentioned that the MSME sector. He suggested that there the IBC, 2016, the Ordinance will help relaxations and ease in compliance is a need for continuous handholding prevent corporates, facing distress on deadlines provided will help of the MSME sector through various account of unprecedented situation businesses to sustain themselves reforms to revive it from the impact of of COVID-19, from being pushed into in the current atmosphere and will COVID-19. the insolvency proceedings. have a positive impact on economic Mr. Vipul Maheshwari, Advocate & Mr. Dinesh Agarwal, Co- activities. Chairman, Insolvency and Bankruptcy chairman, Insolvency and Bankruptcy The webinar concluded with an Committee, PHD Chamber, mentioned Committee, PHD Chamber mentioned extensive discussion and Q & A Session that the introduction of Section 10A that the spread of pandemic COVID-19 with an overwhelming response from imposes a specific bar on initiation has led to a situation of cash crunch, the participants. of corporate insolvency resolution thereby impacting the economy, process under Sections 7, 9 and 10 industry and trade. He added that

PHD Chamber Bulletin | July 2020 53 CAW

First Row- Mr. Pradeep Multani, Vice President, PHDCCI; Mr. Bimal Jain, Mentor, Indirect Taxes Ramifications and Reliefs Committee, PHDCCI; Mr. N K Gupta, Chairman, Indirect Taxes Committee, PHDCCI; Dr. Gaurav Gupta, Co-chairman, Indirect Taxes Committee, in GST in Lockdown Period PHDCCI Second Row – Mr. Saurabh Sanyal, Secretary General, PHD Chamber; Mr. Rakesh Garg, Covering Decisions taken up Partner, SSAR & Associates; Mr. Puneet Agrawal, Partner, ALA Legal and Dr S P Sharma, Chief in 40th GST Council Meeting Economist, PHD Chamber

he Indirect Taxes Committee measures on how to resolve GST people who have tax liability has been of PHD Chamber organized a issues in terminated contracts during capped to Rs 500 and will apply to all Twebinar on ‘Ramifications and COVID-19 period. He also discussed returns submitted during July 1, 2020 Reliefs in GST in Lockdown Period the Input Tax Credit pertinent to - September 30, 2020. He highlighted Covering Decisions taken up in 40th goods lost, destroyed, written off and that Small tax payers are not required GST Council Meeting’ on June 20, disposed of by way of gift & sample to pay interest for late furnishing of 2020. during COVID-19 period. GST returns till July 6, 2020 and after Mr. Pradeep Multani, Vice Mr. N K Gupta, Chairman, Indirect that interest rate will be reduced from President, PHDCCI stated that the Taxes Committee, PHDCCI in his theme 18% to 9% till September 30, 2020. decisions to provide relief to small tax presentation said that no tax relief He suggested that the government payers in terms of filling GST returns, has been provided by the Government should provide complete waiver waiver of late fees and interest or GST Council under GST. He said of Interest instead of reduction of are highly encouraging to mitigate that extension of dates and the interest rates from 18% to 9%. the daunting impact of pandemic reduction of interest rates are already Mr. Puneet Agrawal, Partner, COVID-19 and promote ease of available under the doctrine of Force ALA Legal discussed the rejection doing business for small tax payers Majeure. Further, he discussed the of installment for the payment of in the coming times. He said prior to circular issued by the Central Board of tax application under section 80 of COVID-19 period, all those who have Indirect Taxes and Customs regarding the CGST Act and Non-Sanctioning/ no tax liability but have not filed GST provincial clearance of goods under Withholding of eligible refund in case returns for tax period July 2017 - Jan India’s Trade Agreement (ITA). He said of exports. He stated that the Hon’ble 2020, there shall be no late fee at all. that the circular provides an option to Finance Minister has announced He also said that the launch of e-Office clear goods under preferential tariff immediate relief to the assessee in marks a fundamental change in claim, in terms of section 18 of the form of expeditious disposal of export internal office procedures which is so Customs Act, 1962, where a Certificate refunds during the COVID 19 crisis. far based on manual handling of files of Origin (CoO) is not available at the Mr. Rakesh Garg, Partner, SSAR and paper movement. time of filing customs documents. & Associates in his presentation said Mr. Bimal Jain, Mentor, Indirect Mr. Gaurav Gupta, Co-chairman, that the provisions related to ‘time of Taxes Committee, PHDCCI discussed Indirect Taxes Committee, PHDCCI supply’ are very important; and until the GST impact of terminated highlighted that the maximum late the ‘time of supply’ has not arrived, contracts on taxpayers and suggested fee for non-filing of GSTR-3B returns GST shall not be levied. He mentioned for period July 2017 - January 2020 for

54 PHD Chamber Bulletin | July 2020 CAW that Sections 12 and 13 of the CGST Act supplier receives the payment with Dr S P Sharma, Chief Economist, provide separate provisions for time respect to the supply. PHDCCI said that GST Council of supply for goods and services. He Mr. Saurabh Sanyal, Secretary discussed a number of aspects related said as per Section 12(2), the time of General, PHDCCI appreciated the to GST and provided relief measures supply of goods shall be the earlier relief measures announced by GST for filing GST returns to promote ease of the following dates, namely (a) the Council as these decisions were aimed of doing business especially for small date of issue of invoice by the supplier at easing the burden of businesses tax payers. The webinar concluded or the last date on which he is required facing challenges because of the with an extensive discussion and Q to issue the invoice with respect to the COVID-19 crisis. & A Session with an overwhelming supply, or (b) the date on which the response from the participants.

WORKSHOP OF ONLINE ADVANCED ALTERNATIVE DISPUTE RESOLUTION

he PHDCCI ADR Cell organized a Hingorani, Chairperson, ADR Cell who Panchayat system till the recent workshop on ‘Online Advanced spoke about the status of Mediation in 2019 Amendment Act), Arbitral TAlternative Dispute Resolution’ India and its importance in the coming Awards (both domestic and foreign), on June 20, 2020. times. Arbitrators (their qualifications, The objective of the workshop The facilitator and keynote speaker appointment and removal), Essential was to illumine the wannabe ADR of the workshop, Mr. Alok Krishna Elements of Arbitral Agreements, and ODR professionals about Agarwal, Co-chairperson, ADR Cell and Stages of Arbitral Proceedings, the various aspects and scope of Founder, Sheldon Law Firm delivered Applicability of Indian Statutes and Alternative Dispute Resolution (ADR) an informative session covering Laws on Arbitration (Principles of and Online Dispute Resolution (ODR) almost all major aspects in the field Natural Justice, CPC, Evidence Act and and how a better understanding of of out of court dispute resolution. He Limitation Acts), Arbitral Appeals, New the ADR and ODR mechanisms and extensively encrusted the concept of York and Geneva Conventions besides tools can be beneficial for them to Arbitration, Mediation, Conciliation, various other notions. On emphasizing upskill themselves and help them in Negotiation and ODR. the importance of ODR as the most important tool for dispute resolution capacity building for effective conflict Starting with the genesis of ADR, in coming times, he also opined that management. he elaborated the concepts of various usage of ODR mechanism in India as Mr. Sanjay Aggarwal, Senior Vice ADR mechanisms, explaining the compared to foreign nations is very President, PHDCCI delivered the idea of Domestic and International minimal but soon it will become a new inaugural address and emphasized Arbitrations. Several other important normal in India as well. that ADR and ODR ensures concepts were discussed which convenient, speedy and cost- included Institutional Arbitration, The session ended with the closing effective resolution of disputes. The Ad-hoc Arbitration, Evolution of remarks by Dr Jatinder Singh, Director, session was introduced by Ms. Priya ADR in India (staring from the PHDCCI.

PHD Chamber Bulletin | July 2020 55 CAW

Webinar on Leveraging Social Media for Business: #Twitter Showcase

he Entertainment, Media and Chaudhary, Client Partner North, their businesses. The team touched Art & Culture Committee, PHD Twitter India. upon numerous examples and cases TChamber in partnership with Mr. Mukesh Gupta, Chairman, wherein renowned companies have Twitter India, organized a webinar on Entertainment, Media and Art & used Twitter as a platform for their ‘Leveraging Social Media for Business: Culture Committee, PHD Chamber launch and growth of their business. #Twitter Showcase’ on June 22, 2020. in his welcome remarks mentioned The tools which can help businesses It was an exclusive session meant the importance of usage of social grow, which Twitter team explained to introduce you to Twitter as an media which is growing at a rapid were AD formats, Creative Best advertising platform, Twitter Ad speed for growth of business. He Practices, Promotion through Video Solutions, Ads Manager, Analytics and also mentioned how social media and much more. Best Practices on the platform. There has helped numerous businesses to The session also witnessed a lot were approximately 70 participants sustain during the lockdown period. of interaction between the speakers who joined the webinar and took The session was moderated by Mr. and the participants, where most benefit of the first-hand experience Vivek Seigell, Principal Director, PHD questions revolved around the usage on how various modules of Twitter Chamber. of the latest features of Twitter like can help grow businesses. Twitter Fleets. There was a detailed presentation The eminent presenters who by the Twitter Team on the subject The webinar concluded with a participated were Mr. Krishna Iyer, of how Businesses can leverage vote-of-thanks by Mr. Saurabh Sanyal, Head of Channel Sales, Twitter India; various features of Twitter to ensure Secretary General, PHD Chamber Mr. Rachit Uppal, Head of Industry, growth. They enlisted 10 ways in where he thanked Twitter India for Twitter India; Mr. Prabal Takiar - Client which Industry members can use joining hands with PHD Chamber and Partner, Twitter India and Mr. Sachin Twitter as a platform to nourish organizing the webinar.

56 PHD Chamber Bulletin | July 2020 CAW

Stock Liquidation : Introduction to Secondary Market through Tech Based B2B Platform

HD Chamber organized a shop online. higher and diverse inventories, webinar on “Stock Liquidation: Mr. Preveen Khandelwal, thereby increasing working capital PIntroduction to Secondary Secretary General, Confederation of requirements and incurring additional Market through Tech Based B2B All India Traders in his special address costs. Platform” on June 23, 2020. The mentioned that Indian retailers do Mr. Bibin Babu, Co-Founder, objective of the webinar was to a daily business of around Rs 15,000 BlocSpaze- The Block Chain Solutions introduce liquidation mobile B2B crore and since the country is in a Provider was the session moderator Platform among MSMEs. Rack 237 lockdown there has been a huge loss for the technical session. Mr. Ajay was the supporting partner of the of over Rs 5.50 lakh crore of business, Surjan, DGM, LG Electronics India webinar. which is done by 7 crore traders of Pvt Ltd; Mr. Sandeep Behl, CEO & Mr. D.P Goel, Co-chairman, MSME the country. This will force around 1.5 Promoter, Printland.in; Dr Hitesh Committee, PHDCCI in his welcome crore traders to permanently close Bhatt, Director, Retailers Association address stated that sales have down their shutters and a further 75 of India; Mr. Sangram Sinha, Head declined by almost 70 per cent during lakh traders, who are dependent on International Business, Pernod the lockdown with fear of further these 1.5 crore traders, will fold up in Richard India and Mr. Rohit Babbar, decline in times to come even as the medium-term. Head Marketing, Bonjour and Hush majority of retail brands are opening Mr. Aankit Handa, Founder Rack Puppies India were the panellists physical stores in a structured manner 37 Innotech Pvt. Ltd. talked about during the webinar. with reduced shifts and restricted the introduction to Secondary Mr. Amiett Behl, Co-Founder, Rack customer entry. He mentioned that Market Channelizing Tech Based B2B 37 InfoTech Pvt. Ltd. gave an insightful in order to steer the business through Platform for MSMEs. This platform presentation on Introduction to Rack this pandemic with limited physical helps to sustain the pressures of 37. contact as much as possible during competition that has also brought Dr Ranjeet Mehta, Principal this COVID-19 outbreak and ensure unforeseen burdens on the MSMEs. Director delivered the vote- of-thanks business continuity, now is a good They increasingly have to bear risks to all the esteemed delegates. time to encourage the customers to of just-in-time delivery such as holding

PHD Chamber Bulletin | July 2020 57 CAW

HD Chamber hosted an industry interactive webinar Pon “Indigenisation and Modernisation Requirements of Indian Navy” with an arena of experts from the Indian Navy and Industry on June 23, 2020. Keynote Speakers included Rear Adml S N Alamanda, VSM, ACOM (Modernisation), Indian Navy and the eminent Panelists were Cmde R K Kamboj, Cmde (Indigenisation), Indian Navy; Capt. Sandeep Kumar, Captain Naval Plans, Indian Navy; Cmde. (Retd.) Mukesh Bhargava, VP & Board Member, L&T Defence; Cmde (Retd.) S K Patel, Advisor, Solar Group; Capt. (Retd.) Vikram Mahajan, Director (Aerospace & Defence), USISPF; Mr. Gulshan Ratan, GM, GRSE and Rear Adml (Retd.) D M Sudan. R Adm. S N Alamanda, VSM, ACOM (Modernisation), Indian Navy praised PHD Chamber for being in the forefront for helping industry members through various representations and initiatives. He lauded the MSMEs for the development of in-house technology and manufacturing of medical supplies such as masks and Indigenisation and ventilators to cater to the immediate need of the nation and the world. Modernisation Requirements R Adm. S N Alamanda said that in times of COVID-19, the Indian Navy ships have travelled to various of Indian Navy parts of the world to reach out to our citizens as a part of ‘Operation focus on technology especially in fight the projects, programs, and initiatives Samudra Setu’. The Indian Navy category, direct energy weapons, undertaken by the Indian Navy to remains a major maritime power in AI, smart sensors, radars, batteries, expand for catering to the needs of the Indian Ocean and plays a pivotal and green energy practices. He the future. role in safeguarding the national invited PHD Chamber to organize Capt. Sandeep Kumar, (Naval security in maritime domain. R Adm. visits to the Indian Navy ships for Plans), Indian Navy gave an insightful S N Alamanda gave a brief history of the Industry members to understand presentation on the ‘Modernisation the various Indigenisation initiatives the naval requirements and business Perspective of the Indian Navy taken by the Indian Navy for the past opportunities with Indian Navy. (Future Procurements & Projects)’. He few decades and their success factors. Cmde. R K Kamboj, Cmde talked about the vision and mission He added that the Indian Navy (Indigenisation), Indian Navy of the Indian Navy, a brief of the has built a lot of Indianized ships gave a detailed presentation on past projects, the involvement of and submarines while more are in ‘Indigenisation in Indian Navy, Indian Industries in the past and their the pipeline. He explained the role Opportunities for Industry’ wherein requirements for the future. of MSMEs in naval projects and daily he gave insights about the future Talking about modernization, activities which gives a supportive requirements and the intent of he highlighted that the Indian Navy cushion to the Indian Navy. working with the industry. He aims to achieve total indigenisation He highlighted the key shared the guiding documents on and act as a catalyst for employment requirements in the defence industry indigenization roadmap available generation, skill development and for the newcomers which include with the Indian Navy presently. The contribute to the growth of the quality, adherence to timely deadlines, presentation was focused on giving Indian Economy. He shared future and need to be cost-effective. He a basic understanding of the various shipbuilding projects which include also apprised the challenges the initiatives and requirements of the aircraft carriers, next-generation companies face which include Indian Navy to be sourced from the destroyers, multi-purpose vessels, high-volumes, industry protocols, industry and defence start-ups who and many more. He deliberated about maintenance services and long-term wish to work with the Indian Navy in the opportunities available for smaller requirements. The Indian Navy will the future. He also gave a brief about shipyards, future platforms and

58 PHD Chamber Bulletin | July 2020 CAW expectations from the industry. helps to ensure quality, meet in his address gave an overview Cmde. (Retd.), Mukesh Bhargava, the requirements and inclusive of the defence industry and the VP & Board Member, L&T Defence development of the industry. growing need for Indigenisation and talked about the projects undertaken Esteemed Panelists including Rear Modernization of raw materials and by L&T Defence and how industry Adml (Retd.) D M Sudan, Advisor, ship making of Indian Navy. has helped in supporting the Navy Defence and HLS Committee, PHD Mr. Vikram Sahgal, Co-chairman, for Indigenisation of products and Chamber; Capt. Vikram Maharan Defence and HLS Committee, PHD services. He invited PHD Chamber to (Retd.), Director, Aerospace & Chamber gave the concluding remarks. organize a Buyer Seller meet with L&T Defence, USISPF and Mr. Gulshan The webinar was moderated by Mr. involving all the MSME Members. Ratan, GM, GRSE spoke on the Vivek Seigell, Principal Director, PHD Cmde. (Retd.) S K Patel, Advisor growing need and importance of Chamber. The webinar was supported (Quality-Defence Products), Solar indigenisation. by Star Wire, Micron Instruments Pvt Group gave an outline on the Mr. M K Gupta, Chairman, Defence Limited and Solar Group of Industries importance of indigenization which and HLS Committee, PHD Chamber with India Strategic as Media Partner.

Business Continuity Planning on Mitigating Losses: Strategies and Actionables

he Young Business Leaders how BCP can help an organization and how they are tackling this Forum (YBLF) of PHD Chamber successfully navigate such temporary disruption. He added that resilience Torganized the second webinar business disruptions - planned or and good risk assessment are the in the series of Business Continuity unplanned, seen or unforeseen. keys to fight against such unforeseen Planning on Mitigating Losses: Ms. Kaadambari in her presentation circumstances. Strategies and Actionables on June 12, on Mitigating losses and Actionables, In the Q&A session, a number 2020. took up a number examples and cases of questions related to manpower The eminent speakers who with which the industry members management and risk management addressed the webinar included could relate to and find a possible were put forward before the panel Dr Akhil Prasad, Director, Country solution to their hindrances in which was answered with ample Counsel and Company Secretary at business. She also shared information information and instances. Boeing India who shared the Industry about various Government circulars Mr. Salil Gupta, Co-chairperson, Perspective and Ms. Kaadambari, and legal proceedings of various cases YBLF appreciated the insightfulness of Senior Panel Counsel of Union of India which the Industry members can use. the presentations of the two speakers. who shared the Legal Perspective on Dr Akhil Prasad sharing the The webinar ended with the vote- the subject. essentials for an industry to mitigate of-thanks by Mr. Harsh Kataruka, Dr Aditi Pasari in her welcome losses and ensure business continuity, Co-chairperson, YBLF. Mr. Kataruka remarks mentioned how the PHD briefed the attendees about what stated that COVID-19 will test many Chamber is extending the best steps big companies are taking business leaders to the limit and the possible support to the Industry to combat this situation. He also key to manage such crisis has always & Individuals and the Government mentioned about the Industry sectors been preparedness and planning. during this time of crisis. She added that are the worst hit due to Covid-19

PHD Chamber Bulletin | July 2020 59 CAW

Virtual Tours, the new normal to meet the wanderlust of people: PHD Chamber Live, Interactive and Immersive e-Meet on Online Tour Experiences

he COVID-19 pandemic has Dr D K Aggarwal, President, to the miracles of the internet and brought everyone’s travel plans PHDCCI, in his presidential remarks technology, we can tour this beautiful Tto a standstill. This has been mentioned that with the travel city of Venice today with the added hard not only for the travelers who restrictions being imposed all around bonus of not having to deal with lines have seen their plans disrupted, but the world due to the COVID-19 and fellow tourists. has also caused financial hardship to pandemic, many destinations have Sharing more details about the the millions of tour guides and other resorted to online tours. From using online experiences, Mr. Gaurav service providers around the world. 360 degrees panoramic views to Kumar, Founder, tourHQ.com, said With this in mind, tourHQ holding online sessions, it helps that the concept is to have the traveler introduced an innovative concept of the viewers to enjoy the beautiful virtually travel with personalized, live ‘tourHQ Online Experiences’ that can locations digitally and experience the attention from the host. The highlight be enjoyed online from the comfort joy of travelling from the comfort of here is that most of the tours are not and safety of one’s home. These their homes. virtual tours, but real experiences via experiences allow clients to feel the He further mentioned that zoom call where the guides actually buzz of travelling while at the same Technology would be a major game- go out and do the tour on real time. time, providing the tour guides with changer in the coming days and These online experiences will be able much-needed sources of income. Virtual Tours will become the ‘New to provide these guides with a viable The Tourism Committee of PHD Normal’ to meet the wanderlust of source of income whilst in lockdown Chamber in association with tourHQ people. The basic idea of it is that and even in the future. organized a ‘Live, Interactive and people get to consume visual content Mr. Valerio, Guide, tourHQ. Immersive e-Meet on Online Tour of a destination before visiting it. com, hosted the Live Tour of Venice Experiences’ followed by a Live Tour Ms. Radha Bhatia, Chairperson by walking through the city with of Venice on June 24, 2020 which – Tourism Committee, PHDCCI, his camera and live streaming the was witnessed by more than 185 mentioned that we may all be experience over a zoom call. He gave a participants from all over the country. temporarily grounded, but thanks glimpse of the day-to-day Venetian life,

60 PHD Chamber Bulletin | July 2020 CAW gondola, 14th-century Church with a distancing continue to be enforced Mr. Saurabh Sanyal, Secretary unique Venetian architecture. The tour and travelers being confined to their General, PHDCCI, delivered the vote- ended in the most scenic point of view respective homes, demand for online of- thanks and said that PHD Chamber in Venice, overlooking Doge’s Palace & tours will rise. He further said that will continue to organize more such St. Marks’ square, Canal Grande, San virtual travelling is a good way to virtual tours with offbeat destinations Giorgio and Giudecca Islands. connect with the world and people for the benefit of the members. Mr. Rajan Sehgal, Co-chairman, can visualize content of a destination The session was moderated by Dr Tourism Committee, PHDCCI, said before visiting it. Jatinder Singh, Director, PHDCCI. that as travel restrictions and social

Musical Webinar ‘Taking Music Lovers Back in Tune’ with Bhajan Samrat, Mr. Anup Jalota

he Entertainment, Media and was the wonderful performance balance between his body, mind and Art & Culture Committee of PHD by Mr. Anup Jalota. Each and every soul which will help him or her to TChamber organized a Musical participant of the gathering was overcome hurdles in life. He added Webinar ‘Taking Music Lovers Back in spellbound by his melodious voice. He that he himself practices meditation Tune’ with Bhajan Samrat, Mr. Anup not only mesmerized the gathering and yoga to maintain this balance and Jalota on June 17, 2020. by singing his Bhajans, but also sung peace of mind. Mr. Mukesh Gupta Chairman, some Bollywood classics and ghazals Mr. Jalota ended his soulful Entertainment, Media, Art & Culture as well. To mention a few, Aisi Laagi performance with a classic, ‘Aaj jaane Committee, PHD Chamber welcomed Lagan, Ghungroo ki tarah, Tum itna jo ki zidd na karo’, which left everyone all the distinguished guests and are some of the songs from the long bowled over. list, sung by the Bhajan Samrat during participants. The welcome remarks The webinar concluded with a vote the webinar. were followed by the Presidential -of- thanks by Mr. Sanjay Aggarwal Address by Dr D K Aggarwal wherein He also shared his insight on how a wherein he mentioned his gratitude he mentioned about the great works human being should face challenging towards Mr. Anup Jalota and of Mr. Jalota. times in life and tackle them. Mr. Jalota thanked him for making the evening The highlight of the evening said one should strive to maintain a memorable.

PHD Chamber Bulletin | July 2020 61 CAW

Interactive Video Conference on SELF-RELIANT INDIA: MEMBERS OF PARLIAMENT VISION FOR EMPOWERING INDIA

he International Affairs and exhibited their immense competence by being dependant. Especially Trade Fair Division, PHDCCI in exporting of Pharmaceutical and International Trade became fragile, Tin Partnership with Konrad- allied products to the world. Dr and it is commendable how Indian Adenauer-Stiftung (KAS) organized an Aggarwal asserted that this is the entrepreneurs managed to lessen interactive video conference on “Self- opportune time for all the political this dependency and become self- Reliant India: Members Of Parliament parties of India and the Chamber to reliant. As it’s time to feed upon Vision For Empowering India” on unite and strengthen India in making Opportunities; COVID-19 has led to June 25, 2020. it “Atam-Nirbhar”. increase in cooperation and India will Dr D K Aggarwal, President, Mr. Peter Rimmele, Resident have a larger role to play in this. PHDCCI welcomed the eminent Representative to India of Konrad- Mr. Manoj Kumar Tiwari, MP Lok dignitaries and thanked the Hon’ble Adenauer-Stiftung, dwelled upon Sabha, North East Delhi, Bhartiya Janta Members of Parliament for accepting some key areas like importance of Party (BJP) while deliberating about the invitation. He further echoed the Youth in politics and self-reliance as the COVID-19 situation, mentioned voice of our Hon’ble Prime Minister India and Germany stand on the same that his constituency in North East of making India Self-reliant and to page when it comes to young faces Delhi is densely populated and is be ‘Vocal for Local’. Earlier, India in politics which is apparently less. going through a tough time. There has was highly dependent on imports, He also mentioned that COVID-19 been an increase in establishments even in the pharmaceutical sector, has taught us a hard lesson as to of test centres and hospitals that will but recently Indian companies have how countries were functioning lead to an overall improvement in the

62 PHD Chamber Bulletin | July 2020 CAW situation, and he mentioned that they constituency and the government is order to boost the economy. have made necessary arrangements taking all pro-active steps to check the Mr. Pradeep Multani, Vice for providing 10,000 beds and spread of the pandemic by tightening President, PHDCCI delivered the vote- ventilators for Delhi to manage the the lockdown restrictions. COVID-19 of- thanks, while thanking the Hon’ble situation, if it arises. Mr. Tiwari also pandemic brings an opportunity to Members of Parliament and the other mentioned that suggestions have India to become self-reliant in order dignitaries for their valuable views. Mr been given to the Delhi Government to strengthen the economy by making Saurabh Sanyal, Secretary General, for combating against the deadly virus long-term and an active approach. PHDCCI highlighted the active role and are trying our best to implement And for a self-reliant India, a robust PHDCCI and its Members have been them. He emphasized that unlocking manufacturing sector can act as a playing during the COVID-19 time. was an essential step for the country strong lever for economic growth. The session was moderated by that has led to restart of the economy. Mr. Naidu also mentioned that there Ms. Prema Sridevi, Editor- Fourth is a need for support from the State Mr. Kinjarapu Ram Mohan Naidu, Estate Newscorp Pvt Ltd (Former and Government authorities to retain MP, Lok Sabha, Srikakulam (Andhra News Editor, Times Now and Editor, investor interest in economic zones Pradesh) of Telugu Desam Party (TDP) Republic TV) and Mr. Naveen Seth, and provide greater flexibility and mentioned that there are a number Principal Director, PHDCCI. of positive cases of COVID-19 in his improved ease of doing business in

PHD Chamber Bulletin | July 2020 63 CAW

he PHD Chamber jointly with Economic and Trade Mission, TEmbassy of Israel in India hosted an interactive webinar on “Digital Health: The Future Series II- Bridging the Gap: AI’s Role in Combating Inequalities in Health” on June 26, 2020. The august panelists were Mr. Mahendra Singh, Expert Member for Digital Health, AI Health, Telemedicine & Innovation, WHO Global Digital Health, WHO Geneva; Dr N. Subramanian, Chairman, Health Committee, PHDCCI and Director, Medical Services, Indraprastha Apollo Hospitals; Mr. Rani Shifron, Founder & Digital Health Specialist, Healthier Globe, Israel and Dr Pankaj Gupta, HOD, Digital Health, Access Health International. Dr N. Subramanian, Chairman, Health Committee, PHD Chamber & Director, Medical Services, Indraprastha Apollo Hospitals in his welcome address highlighted the importance of integrating technology with the healthcare industry. He deliberated that medical devices with the latest technology will help to monitor our health and Mobile technology; AI in Medical Health care equipments gives a tremendous Digital Health: The opportunity to health care services moving forward. He gave various Future, Series - II on examples of companies that are evolving themselves in the healthcare industry. The numerous benefits of Bridging the Gap: digital healthcare are for reducing costs, improving access and increasing AI’s Role in Combating quality care leading to precision medicine. Inequalities in Health Dr Subramanian mentioned that the most important area of AI is in precision medicine and AI can bring Member for Digital Health, AI Health, technology by itself will not be enough down 60% of investment cost in drug Telemedicine & Innovation, WHO to reduce inequalities in healthcare development. He also mentioned Global Digital Health, WHO Geneva delivery. that AI is not only for predictive while emphasizing the importance of Mr. Rani Shifron while deliberating health of the people but also for the Digital Health said, “Sharing of Health on the topic, mentioned that the requirement of health mechanism to Data of Public and Private Hospitals critical requirement is to create tackle the pandemics. is critical to development of Digital technologies and quickly take them He deliberated on the upcoming Health in India and it can go a long across the Globe. He presented the healthcare trends that include way in forecasting and managing Digital Health ecosystem in Israel and advances in telemedicine; the internet Pandemics.” He also added that shared that any such initiative has to of things; computing in health; this should be done in framework have the Will of the Government to augmented virtual reality; artificial of the Indian Regulations and Data make it a success which is what has intelligence; chat-box; data science; Protection Act. He said that the goal happened in Israel. is to have accessible and affordable productive analysis and blockchain. He discussed the need to bring health for all but on the input side we He stated that a developed economy medical technology into the rural need to have a lot of standardization like US is using 15% of digital health areas to be able to provide healthcare and structuring of the data. He further and India should also adopt Digital in remote areas. He also shared that underlined that for digital healthcare, Solutions in Healthcare. the best way to collaborate with the need is to have a collaborative Israeli companies would be through Mr. Mahendra Singh, Expert approach of all stakeholders as

64 PHD Chamber Bulletin | July 2020 CAW the Israel India Collaboration Body are major challenges to the growth panelists. The webinar was moderated while direct options are also available. of the Industry. He emphasized the by Mr. Vivek Seigell, Principal Director, Dr Pankaj Gupta said that during need for creating an eco-system for PHD Chamber. this pandemic, we see acceleration digital health technology by bringing The webinar was sponsored by and adoption of digital healthcare due them to the market. He deliberated Indraprastha Apollo Hospitals with to COVID-19 in India. Technologies that about the work done by Access Health Industry Partner as Voice of Healthcare have worked right have led to better International in promoting digital and Media partners including mHealth results and are being used clinically health. Israel; Crystal Hues; Medgate Today; starting from remote doctor check- Mr. Saurabh Sanyal, Secretary- Drug Today; Pharmatutor and Health up to other solutions. He mentioned General, PHD Chamber, delivered the Mantra. that data quality and governance vote of thanks to all the esteemed

state capital. Interactive webinar on Dr Hans Raj Baweja, Former State President, DMA Consultant, BoG Head:Ethics, Medical Council How to Unlock Delhi of India underlined the precautions one should take after the opening of businesses and public dealings in Delhi. Post COVID 19 They should follow simple precautions by doing breathing exercises he Delhi & NCR Chapter of this pandemic which has no defined every morning and increasing their PHD Chamber organized an timeline for release. He appreciated immunity. Tinteractive webinar on “How the efforts and measures taken by the Mr. Rakesh Gupta, Chairman, Delhi, to Unlock Delhi Post COVID-19” on Government for combating the spread and NCR Committee, PHD Chamber June 18, 2020 with Mr. Vijendra Gupta, in the forms of lockdown, social deliberated about the issues faced by MLA, Rohini Constituency, New Delhi distancing, and sanitization, upscaling Delhi during these times of COVID-19 and Dr Hans Raj Baweja, Former the health infrastructure and health and measures to mitigate them. State President, DMA Consultant, workforces, and many more. He also Mr. Saurabh Sanyal, Secretary- BoG Head:Ethics, Medical Council of spoke about the contributions made General, PHD Chamber gave his India. The agenda of the webinar was by PHD Chamber members in the concluding remarks along with a vote- to discuss about the problems and COVID times, from distributing foods of-thanks to the speakers. myths pertaining to COVID-19 in Delhi to helping the migrant labour. He also thanked Mr. Rakesh Gupta, along with the necessary precautions Mr. Vijender Gupta, MLA Rohini Chairman, Delhi and NCR Committee to be taken to protect ourselves from Constituency, New Delhi spoke and Mr. Mukesh Gupta, Chairman, the pandemic. about the condition of COVID cases Media, Entertainment and Art & Dr D K Aggarwal President, PHD and how they are increasing in Delhi Culture Committee for organizing Chamber in his presidential remarks day-by-day. He emphasized on how such a valuable programme. The mentioned the consequences of more testing should be done in Delhi. webinar was supported by Radico the pandemic on the humanitarian He also spoke about the initiative Khaitan Limited. and industrial level. He further said taken by the Government of India for that vaccine is the only solution for tackling the issues of COVID- 19 in the

PHD Chamber Bulletin | July 2020 65 CAW

Emerging CYBER THREATS and Challenges in India During COVID -19

he Women Entrepreneurship on Cyber Security Law in his shared the spike in the number of Committee of PHD Chamber presentation mentioned that cyber hacking cases during the lockdown Torganized a webinar on attacks have become a new normal in worldwide. He gave a brief insight ‘Emerging Cyber Threats and today’s times. He cited case studies of into the working of WatchGuard Challenges in India during COVID-19 corporate companies, hospitals, and Technologies Inc. in safeguarding the Lockdown’ on June 27, 2020. banks in India and globally that have networks of business and corporate Eminent speakers included Mr. been hit due to cyber attacks. companies. Anyesh Roy, DCP, Cyber Crime, Delhi He also shared information about Mr. Sachin Dedhia, Founder & Police; Dr Pavan Duggal, Founder & data protection and privacy laws in CEO, Skynet Secure Solutions gave a Chairman of International Commission India which still needs a lot of work. presentation with practical examples on Cyber Security Law; Mr. Matthew He said that while companies are of retrieving any person’s password See, Manager, Sales Engineering - letting their employees work from from their system and how hacking APAC, WatchGuard Technologies Inc. home; they need to strengthen their is done on electronic devices. He and Mr. Sachin Dedhia, Founder & safeguarding policies so that they also shared how one can monitor the CEO, Skynet Secure Solutions. don’t fall into the pit hole of cyber number of users on a network via Mr. Sanjay Aggarwal, Senior attacks. He highlighted that cyber useful sites and apps. Vice President, PHD Chamber in his security law should be a part of Ms. Nazm Bilochpura, Member, welcome address raised concerns national law. Women Entrepreneurship Committee, regarding the increase in cybercrime Mr. Anyesh Roy, DCP, Cyber PHD Chamber gave a brief insight into and hacking cases that have led to loss Crime, Delhi Police highlighted that the increase in cyber hacking cases in businesses and other conglomerate Business E-mail comprises one of the in the past few months during the companies. Due to COVID-19, there has most common frauds which can be lockdown. been an increase in the digitalization prevented which involves writing Dr Blossom Kochhar, Co- of working but most of the businesses the email id instead of an automatic chairperson, Women Entrepreneurship and companies are not equipped with reply which helps to prevent fraud. He Committee, PHD Chamber delivered the right awareness or right resources also raised the need for having anti- the vote- of- thanks to all the to secure their networks. virus on emails, mobiles, and other delegates. frequently electronic devices. Dr Aruna Abhey Oswal, Chair- The Session was sponsored by person Women Entrepreneurship Mr. Anyesh Roy highlighted the Roundrobin Tech Services, Dr. Aruna Committee, PHD Chamber spoke on preventive measures or precautions Oswal, and Coca Cola. The session was the need to secure the gateways and taken care of to protect data from the moderated by Ms. Nazm Bilochpura, protect ourselves from the ongoing cyber threats. Member, Women Entrepreneurship cyber attacks. Mr. Matthew See, Manager, Sales Committee, along with Dr Yogesh Dr Pavan Duggal, Founder & Engineering - APAC, WatchGuard Srivastav, Principal Director, PHD Chairman of International Commission Technologies Inc. in his presentation Chamber.

66 PHD Chamber Bulletin | July 2020 CAW

PHD Chamber Bulletin | July 2020 67 Interactive Workshop on Unconscious Bias for the Officials of Central Coalfields Limited, Ranchi

harkhand is the 15th largest of Central Coalfields Limited (CCL) effectiveness in the long run; state of India and a leading from remote parts of Jharkhand such Learning how to mitigate one’s own Jstate in economic growth. Due as Ramgarh, Kathar, Hazaribagh, dominant biases; Understanding the to the spread of pandemic COVID-19, Rajrappa and Amprapali coal block. Inclusion, Diversity and Equity and the PSUs in Jharkhand are facing The takeaways from the virtual their relevance at the workplace and issues for engaging their Human workshop as mentioned by the creating an inclusive organization. Resource with employee engagement participants were: Understanding Mr. Sunil Singh GM, HRD, CCL programme. To resolve this issue, what Gender means in Organizations applauded the unique initiative by the Jharkhand Chapter of PHDCCI and whether masculine and feminine PHDCCI and being supportive towards organized an interactive workshop on energies work together to build the PSUs in these critical times. He “Unconscious Bias” on June 5, 2020. organizational balance; Humanizing highlighted that Director Personnel, The facilitators for the workshop organizations with no dominance from Coal India will soon issue a notification were SHRM India, Ms. Rayane Pandey either sex to maintain organizational directing all its subsidiaries to from Gurgaon and Mr. Glenn Hayden balance; Learning about different conduct workshops for employees from Australia. The session witnessed kinds of biases and how they affect engagement through the Virtual the participation of about 70 Officials decision-making and organization’s Mode.

68 PHD Chamber Bulletin | July 2020 Interactive Video Conference with Hon’ble Minister for Farmer Welfare and Agriculture Development, Govt of MP

An interactive video conference Swamitva Yojana’, which will enable spoke about the significance of Farm with Mr. Kamal Patel, Hon’ble Minister farmers to get loans from banks Mechanisation and Agri logistics. Mr. for Farmer Welfare and Agriculture based on their properties, with the Pradeep Karambelkar, Chairman, MP Development, Government of MP was help of which they can start Agri- Chapter, PHDCCI expressed the desire organized by the Madhya Pradesh Business. He proudly announced that of PHDCCI to work as a Partner of Chapter of PHDCCI on June 10, 2020 Madhya Pradesh had become number the Madhya Pradesh Government for on ‘Initiatives being taken by Madhya one producer of wheat, channa and Promoting Agri-entrepreneurs and Pradesh Government in Agriculture soya bean in India. He invited PHDCCI Start-ups. and Agri Business for revamping the members to invest in Food Parks in Mr. Saurabh Sanyal, Secretary economy of the state post COVID-19’. Madhya Pradesh, especially in Hardia. General, PHDCCI delivered the vote- The Minister spoke about the Mr. Pradeep Multani, Vice of- thanks and expressed interest of various initiatives of his government, President, PHDCCI, in his welcome PHDCCI in organizing ‘FARM TO FORK’ like One window clearance for setting address congratulated the Minister and ‘AGRI HORTI TECH’ workshops up Food Processing industries, making for making MP one of the leading and Expos. Dr Yogesh Srivastav, Adarsh Mandis, Krishak Mitras, states in agriculture and suggested Principal Director moderated the Modifications in Mandi Act and Linking that farmers producing herbs and video conference. farmers directly to entrepreneurs medicinal plants should also be taken Vision Advisory Services and and exporters. He congratulated the out of the control of middle men to Bio Nutrients sponsored the video Hon’ble Prime Minister and Chief which the Minister agreed. conference. Minister of Madhya Pradesh for Mr. N K Aggarwal, Chairman, their revolutionary decisions like ‘PM Agri Business Committee, PHDCCI

PHD Chamber Bulletin | July 2020 69 Interactive Session with Motivational Speaker Dr Ajit Varwandkar, Managing Director, FS Management India Pvt. Ltd.

he Rajasthan Chapter of He advised not to be very fast to He stated that speed and flexibility PHD Chamber organized an judge a situation. In the entire session, were the most important mantra in Tinteractive video conference many fruitful marketing strategies for today’s situation. with Motivational Speaker, Dr Ajit MSMEs and other sectors were shared Mr. Digvijay Dhabriya, Chairman, Varwandkar, Managing Director, FS by him. He stressed on collaboration PHDCCI Rajasthan Chapter thanked Dr Management India Pvt. Ltd. on “The rather than competition, social media Varwandkar for his thought bursting New Lens for Marketing Professionals engagement and eternal learning. examples and said that they will really Post COVID-19” on June 9, 2020. He narrated that re-set and reinvent work as an ‘eye opener’ for all. is a better policy then restart. He Dr Ajit Varwandkar started with a Mr. Suneel Dutt Goyal, Co- underlined that social branding and good news that New Zealand is Corona chairman, PHDCCI /Rajasthan Chapter skill development as well as data free and instead of getting frightened delivered the vote- of- thanks and analysis are the most important tools from corona we should learn from the appreciated Dr Varwandkar for in today’s era. According to him, example of New Zealand and should his new and creative definition of marketers should be creative and think positive that we can defeat ‘SLUMP’ which means speak less and innovative at this time and keep an corona. He also appreciated all the understand more with patience. Mr. eye on new opportunities as demands members of PHD Chamber for their Punit Chaudhry, Joint Secretary, PHD will come back from different doors. optimistic and positive attitude. Chamber moderated the programme.

70 PHD Chamber Bulletin | July 2020 PHD Chamber Bulletin | July 2020 71 HEADWAY / Towards Inclusive Growth PHD FAMILY WELFARE FOUNDATION (PHDFWF) MAJOR PROGRAMMES AND MEETINGS OBSERVATION OF INTERNATIONAL YOGA DAY

he PHD Family Welfare Foundation and PHD Chamber celebrated the 6th International Yoga Day with a virtual session Tand Youtube live with Hon’ble Yog Guru Swami Ramdev on June 21, 2020. Swami Ramdev Maharaj enlightened the session with his motivational words on impact of yoga on immunity against COVID-19. Swamji stressed on doing yoga in the morning and doing your daily work throughout the day and staying healthy. Dr D K Aggarwal, President, PHD Chamber felicitated Swami Ramdev with a shawl and Ms. Anuradha Goel, Chairperson, PHDFWF presented PHDFWF’s memento in virtual gracious presence of Mr. Sanjay Aggarwal, Senior Vice President, PHD Chamber; Mr. Pradeep Multani, Vice President, PHD Chamber; Dr Mahesh Gupta, Former President, PHDCCI; Ms. Madhulika Mehta, Co-chairperson, PHDFWF; Mr. Saurabh Sanyal, Secretary General, PHD Chamber; past presidents; senior members and other members of PHD Chamber, PHDFWF and Patanjali. Ms. Savita Tiwari, State Coordinator, Patanjali Mahila Yog Committee, Delhi/NCR and Mr. Kuldeep Singh, Advocate from Patanjali Yog Committee, Delhi/NCR participated in the question/answer session during the programme.

GOVERNING BODY MEETING OF PHDFWF he Governing Body Meeting of the PHD Family Welfare Foundation was conducted on TJune 18, 2020 through a virtual session. The Foundation’s pervious activities, details of projects and action plan were reviewed and discussed in the meeting. Dr D K Aggarwal, President PHD Chamber; Mr. Sanjay Aggarwal, Senior Vice President, PHD Chamber; Ms. Anuradha Goel, Chairperson, PHDFWF; Mr. Saurabh Sanyal, Secretary General, PHD Chamber and senior GB members were present in the meeting. All the members were very pleased and appreciated the work done by the Foundation for the needy beneficiaries and migrants during this disastrous situation of COVID-19.

72 PHD Chamber Bulletin | July 2020 Towards Inclusive Growth / HEADWAY FREE MEDICAL HEALTH CHECK-UP CAMPS DURING COVID-19 PANDEMIC

uring this crisis period due to Covid -19, PHD Family Welfare Foundation has been organizing free mobile medical camps for the needy residing in rural areas of Gurugram, Bhiwadi and resettlement colonies of Delhi / NCR. The DFoundation is organizing these free health camps and also distributing medicines at their doorstep as because of the lockdown and unlocking there are limitations of going out and being out of reach for medical assistance due to social distancing norms.

DISTRIBUTION OF DRY FOOD PACKETS

he PHD Family Welfare Foundation has been distributing dry food packets to its beneficiaries, the needy and the migrants who are facing lot of difficulties to support their families due to lockdown and unlocking period. Each Tfood packet contains flour/rice, pulses, sugar, soyabean, salt, tea leaves, etc. The packets are being distributed in resettlement colonies of Dwarka Palam flyover, Rajeev Ratan colony Baprola Vihar, Sanjay colony of Okhla phase-II, J J Colony, Bakarwala, Chanchal Park, Bakarwala Road, Shahpurjat with support from Former President & members of PHDCCI, its GB members and other donors. The packets are being distributed to the beneficiaries by maintaining social distancing and taking all the precautionary measures.

PHD Chamber Bulletin | July 2020 73 HEADWAY / Towards Inclusive Growth DISTRIBUTION OF MASK AND SANITARY PADS

asks and sanitary pads are also being distributed to the Mwomen, needy beneficiaries and the patients by FWF’s skill development centers and mobile medical vans who are not wearing masks while coming for their regular check-up and classes. These cotton masks are being donated by Seth Madanlall Palriwala Foundation and sanitary pads are being donated by Ms. Seema Khaitan, GB Member, PHDFWF.

AWARENESS TALKS DURING COVID-19

hree awareness talks were organized by doctors on duty under PHDFWF-SMPF & PHDFWF-Jaquar mobile medical van projects where the patients were elucidated on how to protect themselves from the dreadful disease, namely TCorona virus. The main way to kill this virus is by washing hands and face with warm water and soap frequently, wearing face masks is very important, keeping enough distance while going out for any reason, healthy food to be taken, get some exercise and sunshine on a regular basis, etc. HEALTH CARE PHDFWF- TARGET INTERVENTION PROJECT ON HIV/AIDS HDFWF’s Target Intervention Project (TI) has been providing various Health/RCH Services to industrial Pand migrant workers with the financial support from Delhi State AIDs Control Society (DSACS) since 2003 in resettlement areas of Okhla. Under the project, direct interaction with local communities, review meetings with network operators are being conducted by DSACS & PHDFWF officials through virtual sessions to supervise daily activities, regular counselling, etc. Counselling with doctors by the STD patients, HRGs through teleconference is being done on a regular basis.

74 PHD Chamber Bulletin | July 2020 Towards Inclusive Growth / HEADWAY PHDFWF-SMPF MOBILE MEDICAL VAN

he PHD Family Welfare Foundation organized 12 health check-up camps in resettlement areas of Delhi under PHDFWF- SMPF MMV project. A total of 503 patients benefited from these camps during the month of June 2020. The doctors Tand paramedical team of the MMV are wearing N95 masks, PPE kit and taking other preventive measures during these camps. Free diagnostic care, clinical services and medicines were provided to the patients by maintaining social distancing and preventive measures.

PHDFWF- JAQUAR FOUNDATION MOBILE MEDICAL VAN (GURUGRAM, HARYANA)

he PHD Family Welfare Foundation organized 13 camps during the month of June 2020 which benefitted 870 patients in villages of Haryana adopted by Jaquar Group. Free diagnostic care, clinical services and medicines were provided Tto the patients by maintaining social distancing and preventive measures. PHDFWF- JAQUAR FOUNDATION MOBILE MEDICAL VAN (BHIWADI/DELHI)

aquar Bhiwadi Mobile Medical Van organized seven health check-up camps in different skill development centers of PHDFWF and from June 15, 2020 onwards organized eight regular camps in Bhiwadi, Rajasthan. A total of 585 patients Jbenefited from these camps during the month. Free diagnostic care, clinical services and medicines were provided to the patients by maintaining social distancing and preventive measures.

PHD Chamber Bulletin | July 2020 75 HEADWAY / Towards Inclusive Growth PHDFWF- JAQUAR FOUNDATION MOBILE VAN (DELHI)

HDFWF-Jaquar mobile van organized seven general health check-up camps in different skill development centers of PHDFWF that benefitted 350 patients. Free diagnostic care, clinical services and medicines were provided to the Ppatients by maintaining with social distancing and preventive measures. The doctors and paramedical team of the mobile van were wearing N95 masks, PPE kits and took other preventive measures during the camps. SKILL DEVELOPMENT PHDFWF-SMPF SKILL DEVELOPMENT TRAINING CENTRE, VINODPURI

t present 124 trainees are availing training in tailoring & embroidery, beauty culture & mehendi, mobile repairing and computer education. Due to COVID 19, trainers and trainees are attending their classes on alternate days while Amaintaining social distancing by using proper face masks and sanitizers during their classes. Presently, tailoring trainees are learning how to make face masks and beauty culture trainers are focusing more on theoretical training following social distancing and preventive measures.

JAQUAR SKILL DEVELOPMENT TRAINING CENTRES, MANDI VILLAGE

resently, 112 trainees are obtaining training in beauty culture, tailoring, mobile repairing, cooking and masala making at the Mandi village centre. Tailoring trainers and trainees are also making cotton face masks for needy beneficiaries Pof the centres.

76 PHD Chamber Bulletin | July 2020 Towards Inclusive Growth / HEADWAY GOYAL MG GASES SKILL DEVELOPMENT TRAINING CENTRE, BADLI EXT., ROHINI

HDFWF has been running a skill development training centre at Badli Ext., Rohini with financial support from Goyal M G Gases Pvt. Ltd. Presently, 58 trainees are availing training following social distancing & precautionary measures in Pcomputer education, tailoring & beauty culture and adult education at the centre. Tailoring trainer is teaching how to make cotton face masks at the centres.

JAQUAR-WRG SKILL DEVELOPMENT TRAINING CENTRES, RANGPURI PAHARI

HDFWF is running one skill development-training centre in Rangpuri Pahari resettlement colony, New Delhi providing training in beauty culture, nursing assistant, tailoring & computer education with support from Jaquar Foundation & PWRG. Presently, 48 trainees are availing training at the centre. HINDUSTAN TIN WORKS SKILL DEVELOPMENT TRAINING CENTRE, LAL KUAN, BADARPUR

HDFWF has been running a skill development training centre in Lal Kuan, Badarpur with Pfinancial support from Hindustan Tin Works Ltd. Training in computer education & beauty culture are being provided at the centre. Presently, 54 trainees are availing training at the centre. Due to COVID 19, trainers and trainees are attending their classes on alternate days by maintaining social distancing and other precautions. A beauty culture trainer is providing theoretical training to the beneficiaries.

PHD Chamber Bulletin | July 2020 77 HEADWAY / Towards Inclusive Growth PHDFWF-KAJARIA CERAMICS SKILL DEVELOPMENT TRAINING CENTRES IN ASSAM

HDFWF has been running a skill development training centre with financial support from Kajaria Ceramics in Lakhimpur district of Assam. Knitting and hand weaving training is going on a regular basis by maintaining social distancing and Pprecautionary measures.

78 PHD Chamber Bulletin | July 2020 Towards Inclusive Growth / HEADWAY PHD RURAL DEVELOPMENT FOUNDATION (PHDRDF) n January 30, 2020 WHO declared the outbreak of Corona virus as Public Health Emergency of International Concern followed by declaring COVID-19 as pandemic on March 11, 2020 after seeing the severity and spread of the disease Oand the alarming levels of inaction affecting globally including India. India has been on lockdown since the last week of March and many have been stranded in different parts of the country with the daily wagers, rag pickers, migrant workers, and street food vendors being the most suffering people getting affected economically. PHD Chamber of Commerce & Industry strongly believes in its social responsibility being an important part of business philosophy and is contributing through its social arm PHD Rural Development Foundation. PHDRDF has partnered with Coca Cola India and is distributing beverages to CRPF jawans, Police Personals on duty, gas distributors, DTC bus drivers, MCD workers, slum areas and migrant workers across different states including Kirti Nagar Industrial Area, Sangam Vihar, Khanpur, Narela, Patel Nagar, Vikaspuri in Delhi/NCR, Ludhiana, Sangrur and Jalandhar in Punjab, Uttar Pradesh and others. Members of PHDRDF with the support of PHD Chamber regional offices are reaching out to more than one lakh beneficiaries to distribute the beverages. PHDRDF also partnered with DCP District Dwarka, DCP South East Zone to distribute the beverages to 6380 police persons on duty at different police stations.

PHDRDF OUTREACH DURING COVID-19

HD Rural Development Foundation, a social arm of PHD Chamber has been supporting frontline Covid-19 Warriors and workers during this crisis by distributing juices and energy drinks with support from The Coca Cola India. PHDRDF has Pso far distributed more than 3.5 lakh bottles of juices and energy drinks. The juices and energy drinks were distributed to frontline health workers in hospitals, police personnel, traffic police, fire service stations, orphanages, ashrams, old age homes, migrant labors, factory workers, MCD workers, Covid-19 relief centres, sanitary workers, security guards, villagers, slum areas and other needy. The juices were distributed individually to people by PHDRDF team & volunteers and also handed over to offices of District Administration for further distribution by Mr. Saurabh Sanyal, Secretary General, PHDCCI together with Dr Kadambari, CEO, PHD Rural Development Foundation. The juices were distributed not only in different locations in Delhi but in more than 10 states in far flung interior regions and villages of other states including Sangrur, Fazilka, Jalabada Mohali, Amritsar Ludhiana, Chandigarh in Punjab; Mathura, Noida, Greater Noida, Ghaziabad in UP, Gurgaon, Ambala, Sonepat in Haryana; Jaipur, Alwar in Rajasthan, Chennai in Tamil Nadu, Bangalore in Karnataka; Hyderabad, Secunderabad, Chitoor and other districts in Andhra Pradesh; Telangana; Mumbai in Maharashtra, Ahmedabad in Gujarat to name a few. The Foundation activities have been covered in CSR media and New18 Network Rajasthan, apart from the social media.

PHD Chamber Bulletin | July 2020 79 HEADWAY / Towards Inclusive Growth PHDRDF HEALTHCARE INTERVENTION AND SANITATION HDRDF has been actively conducting free health camps for the low income population in various geographical locations across the country to increase access to healthcare. A team of a qualified Doctor, ANM, Lab Technician and Pproject coordinator are present for each camp and are responsible for its success. Emphasis is given on generating awareness among the community on sanitation & hygiene, child & maternal health, waterborne diseases, communicable diseases and other geography based medical problems. PHDRDF- NATIONAL SAFAI KARAMCHARIS FINANCE & DEVELOPMENT CORPORATION

HDRDF has got into partnership with NSKFDC for conducting 25 health camps from August to November 2020 in 25 locations.The camps are intended to provide basic health check-up facilities including Blood Pressure/Sugar check, PECG, Eye check-up, free medicine etc to safai karamcharis/manual scavengers PAN India. Doctors including general physician, eye surgeon, paediatrician, dermatologist and a gynaecologist will be available in these camps. PHDRDF- DHAMPUR SUGAR MILLS LTD. HDRDF and Dhampur Sugar Mills Limited, Asmoli, have been working for the last two years towards Pproviding health care services to less privileged community. Dhampur Sugar Mills Limited, Asmoli, Uttar Pradesh collaborated with PHDRDF for another one year for the project ”FREE MOBILE HEALTH SERVICES” in Asmoli across 09 villages near Dhampur Sugar Mills. During the year, 115 camps were organized in which 13430 patients were provided health care services. Patients were provided with free medical counselling, ECG, blood sugar, haemoglobin test facility and medicines. Specialised health facilities are being arranged in the factory premises of Dhampur Sugar mills during COVID- 19 for the employees of company. Scanning through thermometer gun is being done regularly.The health Doctor seen conducting ECG at the health camp camp will continue after the lockdown.

PHDRDF-ROTARY CLUB OF HARIDWAR

HDRDF has partnered with Rotary Club of Haridwar through THDC, Rishikesh for a Mobile Medical “Sehat Van” to provide a holistic health care program to 30 villages in Tehri Garhwal. The project will provide screening, diagnosis Pand treatment for Non-Communicable Diseases (NCD) including Diabetes, Hypertension, Cardiac problem and/ or Oncology through on- ground health camps as well as Tele-medicine consultation with specialist doctors. The mobile medical van will be equipped with testing devises like ECG, blood test and supported by a qualified medical team consisting of a medical doctor and paramedical staff. The project will reach out to approximately more than 1000 people every month for a period of one year. The project will be initiated after the lockdown and receiving requisite approval from the government authority. PHDRDF WATER MANAGEMENT HDRDF has been constantly working towards recharging of ground water table by establishing Rain water harvesting Pstructures and generating awareness among the community on the need and technologies of water conservation.

80 PHD Chamber Bulletin | July 2020 Towards Inclusive Growth / HEADWAY PHDRDF - COCA COLA FOUNDATION

Image of the Fauji Wala Check Dam constructed Image of the Sukkhal Khatt Wala Check Dam constructed

HDRDF and Coca Cola Foundation have partnered together to promote sustainable solutions for water resource management with surface water conservation and ground water recharge, through construction of seven check Pdams in water-stressed two blocks of Ranchi District – Kanke and Ratu in Jharkhand. The project will reach out to more than 15,000 people, creating a total water recharge capacity of 292,100 cubic meters. Three check dams have been completed out of seven check dams, namely, Kadru Chuwa Wala, Fauji Wala and Sukkhal Khatt Wala check dam. For the remaining four, the construction work will begin after the nationwide lockdown is lifted. PHDRDF – AHUJA FAMILY HDRDF and Ahuja Family have partnered together to construct ‘Papad Wala check dam’ in Hajipur PVillage, Alwar, Rajasthan. This check dam will have water holding capacity of 1,65,000 cubic feet which will impact the lives of 4500 people. This check dam will help in augmention of the water table and recharge the ground water.The work towards establishment of check dam has been completed.

Image of Papad Wala Check Dam

PHDRDF – Ms ABHA

Work in progress 90% work has been completed

HDRDF and Abha have partnered together to construct two small water Harvesting structures ‘Jharna1 & Jharna7 ’ in Hajipur Village, Alwar, Rajasthan with a length of 15 ft and 20 ft, respectively. Both the check dams will have water Pholding capacity of 17,500 and 27,000 cubic feet respectavely. These check dams will help in augmention of the water table and recharge the ground water. The construction of these check dams is in progress. Given below are pictures from construction site.

PHD Chamber Bulletin | July 2020 81 HEADWAY / Towards Inclusive Growth PHDRDF – ROTARY CLUB OF DELHI MEGAPOLIS

Construction work of Check dam has been completed of Samra first ala.W Construction work of Check dam has been completed of Samra Second Wala.

HDRDF and Rotary Club of Delhi Megapolis have partnered together to construct ‘Samra Wala Check Dams’ in Alwar, Rajasthan.Two check dams will be constructed with a combined water holding capacity of 2,012,500 cubic feet which Pwill impact the lives of 6280 people. The construction work of these check dams is completed. The ground breaking ceremony of the check dams was organized on February 13, 2020 which was attended by more than 30 Rotarians from 6 countries- India, USA, Australia, New Zealand, France and UK. PHDRDF SKILL DEVELOPMENT HDRDF has been undertaking skill development programmes with various corporate organizations with an aim to enable the under privileged youth to be economically independent. These programs include training in: stitching & Ptailoring, beauty culture, computer literacy including tally software, spoken English language, soft skills, etc. PHDRDF- BRY-AIR (ASIA) PVT. LTD & DRI PVT. LTD HDRDF with support from BRY –Air (Asia) Pvt. Ltd. and DRI Pvt. Ltd. have started two skill Pdevelopment courses i.e. Electrician and Computer training in Jatauli Village of Pataudi block of Gurugram, Haryana. Certification distribution event has been planned for both the courses. A total of 33 students in electrician and 40 students in computer have successfully completed their course. All these students will be awarded certificates. Out of these, 23 students have also passed third party assessment done by Shiksha Bharti. Students of electrician batches were also provided with placement links for their livelihood. Currently, activities under DRI Computer Centre are on hold due to the spread of Coronavirus and lockdown announced by the Students along with trainer and assessor from SHIKSHA BHARTI after their government. Currently, both courses training are on hold assessment due to the pandemic situation and lockdown. PHDRDF-DOW AGROSCIENCES INDIA LTD ow Agro Sciences India Ltd has partnered with PHDRDF to implement a project for empowering Drural women by training them on “Beekeeping” as a supplementary source of income. An estimate of 200 women were trained in bee keeping and harvesting honey and allied products like – royal jelly, bee wax, bee pollen, etc. The training project in Maharashtra and Haryana has been successfully completed. After the training, women in Maharashtra have been provided with 5 bee boxes with bee hives each and tools free of cost. The programme aimed at making these women as beacons who will motivate and support other women to start their own enterprises and thus get additional income and empower them. The bees will also help increase pollination in the crops and thereby result in increased crop productivity. Women from Rewari district attending the inauguration of the training program on 22nd February 2020

82 PHD Chamber Bulletin | July 2020 Towards Inclusive Growth / HEADWAY PHDRDF- DONALDSON INDIA FILTER SYSTEMS PRIVATE LIMITED

Girls during Production of Masks at PHDRDF- Donaldson Centre Masks Produced at PHDRDF-Donaldson Centre

HDRDF in collaboration with Donaldson Filters India Pvt Ltd is running a “Skill Development Centre” since the last four years in village Mohammadpur Gurjar, Sohna block, Gurugram and now it has been extended for another year Pfor FY 2020-21. In previous year, a total 40 girls in each course, two batches consisiting 20 girls in each batch of cutting & tailoring and beauty culture courses had been formed but due to the pendamic situaltion, the training of these batches is on hold. Presently, due to Coronavirus outbreak, the centre has been initiated with maintaining physical distance and precaution and the girls are being trained to make cloth masks in collaboration with one of the local hospital. To address the demand of the low cost cloth based masks, a goup of 5 girls has been formed to stitch the masks. Till date, around 500 pcs of masks has been stitched out of which around 400 pieces has been sold. The revenue earned through this activity is being disbursed among the girls.

PHDRDF - THDC - SEWA HDRDF and THDC- SEWA have come together for a women empowerment and livelihood generation project through sanitary napkins manufacturing. The manufacturing unit of Machinery and Raw materials for making sanitary napkins Phas been established at Bhaniyawala, Jolly Grant, Dehradun. A women SHG comprising of nine women have been trained in using the machine and production of sanitary napkins. Packet for the product has been finalized and now manufactured sanitary napkins are being packed in packets. Linkage for the marketing of the product is being established. PHDRDF - DCM Shriram HDRDF and DCM Shriram have come together for a women empowerment and livelihood generation project through sanitary napkins manufacturing. Process of establishment of sanitary napkins manufacturing unit is being initiated Pat Ranikhet in Uttarakhand through women SHG model. The unit will provide an additional source of income for the women based at Ranikhet. Establishment of the production unit has been initiated. Mobilization and formation of SHG group, training of the SHG group and initiation of the production unit will be initiated from the month of July. PHDRDF SCHOOL DEVELOPMENT HDRDF has been actively working towards improving quality and standard of school education and literacy rate by Psupporting the existing Government schools in different states. PHDRDF - Dr Awasty & Family r Awasty has partnered with PHDRDF to upgrade an existing Government Senior SecondarySchool, Hajipur, Alwar, in Rajasthan. The primary school building of the school will be repaired and white wash will be done. Besides this, Dconstruction of drinking water station will be done for provision of proper drinking water facility, educational wall art, coridoor besides classrooms and swings will be installed in ground. One of the important component of the project is water proofing of the roof which leaks in the rainy season and creates problem for the students and teachers. The family recently distributed school bags, and staionery kits to all 500 students of the school.

PHD Chamber Bulletin | July 2020 83 HEADWAY / Towards Inclusive Growth PHDRDF- AICF (Asian Indian Community Foundation of Western New York)

Dantli School Building after Whitewash Newly Constructed Toilet Block in School HDRDF and AICF- a New York based Charitable Foundation has partnered to undertake the development activities in Government Upper Primary School, Dantli in Jamwaramgarh block of Jaipur in Rajasthan as a part of their socio Peconomic development projects in India. The construction team was stuck in the school due to spread of coronavirus and lockdown announced by the Government. Our team utilizing the time with taking all the physicall distancing measures, continued their work within the premise and almost completed construction of one block of toilet, drinking water station, repair of old toilet block and whitewash of school building. Behavioural activities like Eco-rally and handwash activities will also be conducted for the school children once the school reopens.

PHDRDF - HAGER FOUNDATION project on “WASH and Quality education in five Government Schools in Sikar, Rajasthan” A is being implemented for the last four years with support from Hager Foundation. The buildings of five Government schools have been upgraded including refurbishing of, classrooms, mid-day meal area, sanitation and drinking water facility, Playground, proper boundary wall with gate and BaLA. Cleanliness drive and behavior change activities are being regularly conducted by the health worker in the schools.The health worker ensures that basic menstrual hygiene is being maintained by the school girls on a regular basis. Computer and English speaking classes are regularly running in the schools. New teachers have been appointed for the students to ensure better learning practices among them. This year, renovation work in Govt. Upper Primary School Rai Singh Ki Dhani and Govt. Whitewash in classroom of Govt. Upper Primary School Kala Kota, Sikar, Upper Primary School Kala Kota are in progress. Rajasthan

84 PHD Chamber Bulletin | July 2020 MoUs International S No. Name of the MoU Date of Signing 1 Dubai Exports (DE) January 29, 2017 2 Confederation of Nepalese Industries (CNI) August 10, 2017 3 Management Association of Nepal August 10, 2017 4 CAB International, United Kingdom August 21, 2017 5 BALKAN Indian Business Association, Indian Chapter, New Delhi October 16, 2017 6 Kuwait Chamber of Commerce & Industry October 23, 2017 7 Indian Chamber of Commerce in Slovak Republic November 10, 2017 8 Hungarian Chamber of Commerce and Industry November 20, 2017 9 AL HILAL Publishing and Marketing Group, Bahrain November 21, 2017 10 FICCI (Philippines) Inc. January 26, 2018 11 Eurasian Peoples' Assembly, Moscow, Russia February 28, 2018 12 Alborz Chamber of Commerce, Industries, Mines and Agriculture (ACCIMA) March 8, 2018 13 Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) March 8, 2018 14 Private Sector Foundation Uganda (PSFU) March 8, 2018 15 PHD Chamber & Ghana National Chamber of Commerce & Industry March 12, 2018 16 National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan Republic March 13, 2018 17 Azerbaijan Export & Investment Promotion Foundation Baku, Azerbaijan March 13, 2018 18 The Azerbaijan Republic Chamber of Commerce and Industry BAKU, Azerbaijan March 14, 2018 19 TAIPEI World Trade Centre April 17, 2018 20 The Chamber of Commerce & Industry of the Republic of Moldova May 7, 2018 21 The Netherlands India Chamber of Commerce and Trade May 24, 2018 22 Government of Andijan City, Republic of Uzbekistan May 26, 2018 23 F6S Network Limited, United Kingdom June 5, 2018 24 Kenya National Chamber of Commerce & Industry, Nairobi, Kenya (KNCCI) June 11, 2018 25 Private Sector Federation, Rwanda July 24, 2018 26 Confederation of Nepalese Industries(CNI) August 1, 2018 27 India – New Zealand Business Council (INBC) September 5, 2018 28 Bulgarian Chamber of Commerce and Industry, Bulgaria September 5, 2018 29 Global CEO Club, SEOUL, South Korea September 7, 2018 30 Association of Small and Medium-Sized Enterprises and Crafts of the Czech Republic September 7, 2018 31 Bucharest Chamber of Commerce and Industry, Romania September 19, 2018 32 Chamber of Commerce and Industry of Cote D’ivoire September 21, 2018 33 Chamber of Commerce and Industry of Antananarivo, Madagascar September 28, 2018 34 Chamber of Commerce & Industry Anosy, Madagascar September 28, 2018 35 VOKA Chamber of Commerce and Industry Flemish-Brabant February 12, 2019 36 BMB Trade Group LLC, Tashkent, Uzbekistan April 8, 2019 37 PTAK Warsaw Expo, Poland May 24, 2019 38 Georgian Chamber of Commerce and Industry (GCCI) July 3, 2019 39 Singapore Chamber of Commerce & Industry (SCCI) July 26, 2019 40 India Thai Chamber of Commerce (ITCC) August 20, 2019 41 ASEAN Trade Promotion Association, Thailand (ATPA) August 20, 2019 42 Vietnam Chamber of Commerce & Industry, Vietnam (VCCI) August 22, 2019 43 Indian Business Chamber in Vietnam (INCHAM) August 22, 2019 44 PTAK Warsaw Expo, Poland September 12, 2019

PHD Chamber Bulletin | July 2020 85 MoUs

International

45 Foreign Economic Relations Board of Turkey, Istanbul, Turkey September 18, 2019 46 Ceylon Chamber of Commerce September 26, 2019 47 Chamber of Commerce, Industry and Services of the Region of Fez-Meknes (CCISFM), October 9, 2019 Meknes, Morocco 48 Mongolian Chamber of Commerce and Industry, Ulaanbataar, Mongolia November 11, 2019 49 INDIA CHAMBER OF PERU January 1,2020 50 India China and America (ICA) Institute,USA (ICA) July 2,2020

Domestic

S No. Name of the MoU Date of Signing 1 Gujarat Chamber of Commerce July 20, 2017 2 Sky Innovation Tech Labs Pvt. Ltd (Signcatch) July 26, 2017 3 Pawan Hans Limited October 11, 2017 4 The Federation of Telangana and Andhra Pradesh Chambers of Commerce and November 20, 2017 Industry 5 Kalinga International Foundation (KIF) December 15, 2017 6 Indian Society of Heating, Refrigeration and Air Conditioning Engineers (ISHRAE) December 21, 2017 7 Indian Printing, Packaging and Allied Machinery Manufacturers' Association January 10, 2018 8 Federation of Karnataka Chamber of Commerce & Industry February 3, 2018 9 SMERA Rating Limited February 5, 2018 10 Oriental Bank of Commerce March 26, 2018 11 Travel Agents Association of India March 28, 2018 12 Rajasthan State Chapter and Kashmir State Chapter March 29, 2018 13 Guru Nanak Dev University Amritsar Punjab April 6, 2018 14 Government E- Marketplace April 18, 2018 15 Technology Development Board (TDB) April 25, 2018 16 Punjabi University, Patiala April 25, 2018 17 Indian Yoga Association, New Delhi April 29, 2018 18 BioNEST at Panjab University May 10, 2018 19 iSTART, IT Department of the State Govt. of Rajasthan May 11, 2018 20 Federation of Industry and Commerce of North Eastern Region(FINER) May 15, 2018 21 Engineering Council of India May 31, 2018 22 International Centre for Entrepreneurship and Technology (iCreate) June 5, 2018 23 Indira Gandhi National Tribal University, Amarkantak (Madhya Pradesh) June 29, 2018 24 The EBG Federation, New Delhi, India July 12, 2018 25 Jawaharlal Nehru University (JNU) July 20, 2018 26 Global Compact Network India July 20, 2018 27 OFB TECH Pvt. Ltd July 30, 2018 28 Energy Efficiency Services Ltd July 31, 2018 29 Southern India Chamber of Commerce And Industry (SICCI) August 20, 2018 30 Uttar Pradesh Braj Teerth Vikas Parishad (UPBTVP) August 31, 2018 31 BIOAYURVEDA September 10, 2018 32 Bundelkhand University, Jhansi September 13, 2018

86 PHD Chamber Bulletin | July 2020 MoUs Domestic

33 Department of Management Studies, Kashmir University September 24, 2018 34 Federation of Karnataka Chambers of Commerce & Industry (FKCCI) December 15, 2018 35 DPSRU Innovation and Incubation Foundation (DIIF) May 28, 2019 36 India Trade Promotion Organization (ITPO), Ministry of Commerce June 10, 2019 37 Spike Advertising Pvt. Ltd. November 26, 2019 38 National Productivity Council January 2, 2020 39 New Delhi Institute of Management January 2, 2020 40 Power2SME January 7, 2020 41 Centre for Excellence in Automation, Robotics & AI June 4, 2020 42 Software Technology Park of India (STPI) June 6, 2020

New Members june 2020

ORDINARY CATEGORY Rudra Global Infra Products Ltd. PROFESSIONAL Mr. Vikram VK Karunakaram Mr. Suresh Kumar Jain Mr. Manava Prem Consultant Partner Partner Delta Pure Water India Ltd. S K Industries Arora Prem & Associates Mr. Vinesh Menon Mr. Suresh Kumar Jain Mr. Harsh Garg CEO, Eduspark International Pvt. Ltd. Director Chartered Accountant S K Industries Pvt. Ltd. HNV & Associates Mr. Rajat Bansal Chief Financial Officer Mr. Vinod Kapoor Ms. Sangeeta Gupta Enlive Solutions (India) Pvt. Ltd. Director Partner Sarvasv Machinery & Equipments Pvt. Ltd. Pijush Gupta & Company Mr. Narendra Nahata Partner Mr. Shouvik Chowdhury ASSOCIATION Narindra & Narindra Steel Corporation Vice President (Strategic Planning) Symbiotic Sciences Pvt. Ltd. Mr. Satin Sachdeva Mr. Pranjal Bhagawati Secretary General Ms. Priya Anil Thomas Proprietor Construction Equipment Rental Director Pranjal Bhagawati & Associates Association (CERA) Thomas Global Logistics Pvt. Ltd. Mr. Kamal Kumar Harlalka Mr. Uttam Kumar Singh Mr. Bh N Ramesh Director Director Director R.S.H. Agro Products Limited Indian Institute of Business Management Vividh Plastics Pvt. Ltd. Mr. Nikhil Ashok Kumar Gupta Dr. Anchal Gupta Managing Director Founder Netram Eye Foundation

CONTACT MEMBERSHIP DESK: Ms. Babeeta Sharma, Head, Membership Development Committee Email: [email protected] | Website: www.phdcci.in

PHD Chamber Bulletin | July 2020 87 88 PHD Chamber Bulletin | July 2020 The Economic Times, New Delhi, June 20, 2020

The Times of India, Bhubaneshwar, June 20, 2020 Business Standard, Delhi, June 20, 2020

PHD Chamber Bulletin | July 2020 89 Danik Bhaskar, Delhi, June 04, 2020

Mint, Delhi, June 20, 2020

Danik Bhaskar, Delhi, June 04, 2020

90 PHD Chamber Bulletin | July 2020 HindustanTimes, Delhi, June 22, 2020

Business Standard, Delhi, June 13, 2020

The Financial Express, Delhi, June 20, 2020

PHD Chamber Bulletin | July 2020 91 BusinessLine, Delhi, June 20, 2020

The IndianExpress, Delhi, June 20, 2020

The EcononicTimes, Delhi, June 27, 2020

92 PHD Chamber Bulletin | July 2020 PHD Chamber Bulletin | July 2020 93 Total No. of Pages - 94 Registration Number DL-SW-1/4095/2018-2020 RNI No. 34665/79 Date of Publication - Published on 6th July 2020 Date of Posting - 7th / 8th of same month

Printed by Saurabh Sanyal, Editor, PHD Chamber of Commerce and Industry, Published by Saurabh Sanyal 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 94 PHD ChamberEditor - SaurabhBulletin Sanyal | July 2020