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PHD CHAMBER BULLETIN
Vol. XL No. 09SEPTEMBER-2018 ` 25
“A strong Indian defence industry will not only make India more secure. It will also
make India more prosperous.”
Shri Narendra ModiHon’ble Prime Minister of India
2 | PHD Chamber Bulletin September 2018
PHD Chamber Bulletin September 2018 | 3
CONTENT S
Monthly news bulletin of PHD Chamber
President Mr. Anil Khaitan
Senior Vice President Mr. Rajeev Talwar
Vice President Mr. D. K. Aggarwal
Editor:Mr. Saurabh Sanyal Secretary General
For further information and feedback, please contact:PHD CHAMBER OF COMMERCE AND INDUSTRY
PHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi-110016
Phone : 91-11-26863801-04 Fax : 91-11-26855450 Email : [email protected] Website : www.phdcci.in
India Inc. is the official publication of PHD Chamber of Com-merce and Industry and any part of the publication may not be reproduced or transmitted in any other form in whole or in part without the written permission of the publishers. The opinions and views expressed within this publication are not necessarily those of the publishers. The publishers regret that they cannot accept liability for errors or omissions in this issue.
CONTENTS
Production Editor:Ms. Neelu Kapoor
• PRESIDENTWRITES 7
• CHAMBERATWORK 8
• FOCUSSTATES 44
• COHESIVEINTERFACE 72
• SPECIALFEATURE
• Economynotinabyss: 76
• ECONOMYWATCH
• PolicyPronouncementsandDevelopments 78
• HEADWAY
• SkillDevelopmentInitiatives 80
• TowardsInclusiveGrowth 85
• COMMUNIQUE
• NewMoUs 92
• NewMembers 94
• ForthcomingEvents 95
• MediaBuzz 96
• InternationalExhibitions 101
• Archives 102
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PHD Chamber Bulletin September 2018 | 5
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President’s MessageFriends,
“History never really says goodbye. History says, see you later”.
With this thought, I would like toreminisce a very productive year that hasgone by. A deep sense of veneration andappreciation fills me, at the tasks fulfilledand the goals achieved by our prestigiousChamber,a113yearsold institution,whichisworkingforthewelfareofournation.Ithasbeenmyhonourto leadthis journey,asweleapedacrossthehugegapbetweenindustryand policymakers. Some people dream ofsuccesswhileotherswakeupandwork,asencapsulatedinmychosenmotto,“WeWalkOurTalk.”IdidmybesttodeliveronthehighconfidenceentrustedontomebytheelectedleadershiptotaketheChamber’sstaturetoitshighestlevel,withmuchnationalandglobalrecognitionforitsprogressiveactivities.
Our focuswason theStateswhereweformedStateChaptersforawidernetworkingas in Bihar, Chandigarh, Chhattisgarh,Jammu, Kashmir, Haryana, HimachalPradesh, Jharkhand, Kerala, MadhyaPradesh, NER, Punjab, Rajasthan, UttarPradesh and Uttarakhand. This has beenhighly instrumental inhelpingus to interactonaregularbasiswiththestategovernmentsand harness the potential of our federalstructure.
Realizing the need for globalinterconnectedness, and forging strongbondswithworld economies,we launchedinternationaloperationsinfullswing.OfficeshavebeenestablishedinBahrain,forthesixGCCcountriesandNepal,forexpandingtradeand investment opportunities. I too headedsuccessful delegations to these countries.This resulted in setting up an India-NepalCentreinNewDelhiaswellasitscounterpartinNepal tostrengthen India-Nepalbusinessties, joint ventures and technology. AnAmbassadors’ Economic Forum was alsolaunchedatthePHDHousetoexpandtradeand economic cooperation between Indiaandothercountries.
To ensure our continuing proactiverole, we signed numerous domestic andinternational MoUs in the past one year,with several Governments, Chambersof Commerce and Industry, educationalinstitutionsandthinktanks.
TheChamberforthefirsttimeparticipatedasco-organizertoaninternationalevent-theAnnual Horasis India Meeting at Spain, tohelp provide business opportunities to theIndianMSMEs. A PHD business delegation
wassent toRwandaandUganda inAugustcoincidingwiththevisitofPrimeMinisterofIndia,pavingthewayforfurtherpartnershipsand investment opportunities for the Indianindustry. The Chamber in Septembermounted an industry delegation to Sofia,Bulgaria, Prague and Czech Republic,concurringwiththevisitofPresidentofIndiatothesecountriesandalsoledadelegationtoSerbia,MaltaandRomaniasynchronizingwith the visit of Vice President of India tothe above nations to explore avenues forinvestmentforindustry.
Atourmegaevent,‘Defence&HomelandSecurityExpoandConference–2018’HomeAffairs Minister Rajnath Singh called uponthe law enforcement agencies to enhancetheircapacitiestocontainterrorandcounterthe emerging challenges to home security.To aid in this process, I encourage furtherliberalizationofthepolicyregimefordefenceequipmentmanufacturersandforMSMEssothatthe‘Make-in-India’movessteadfast.
MSMEs and Start-ups being the nichefocusoftheChamber,Icommendthestepstaken by the govt. for facilitating ease ofdoingbusiness in thecountry.Onourpart,weinitiatedaOne-StopSolutionforMSMEsbysettingupaMSMEFacilitationCentreforaccessing financial schemes. A Start-upMentoringCellwas also launched in Jaipurfor the benefit of youth, women and ruralpopulation incollaborationwiththeGovt.ofRajasthan.
Having said this, I concur with PrimeMinister Narendra Modi that today theworld is seeing India as a multi-billiondollar investment destinationwith focus on‘Reform,PerformandTransform’.TheIndianeconomy reinstated itsposition,surpassingChina,withourGDPgrowthsurgingtomorethantwo-yearhighof8.2percentinthefirst
(April-June) quarter of the current fiscalyear. This can be attributed to the strongperformance of the manufacturing, andagriculture sector and consumer spending,representingthetruepotentialofNewIndia.Reformmeasures such asGST Insolvency,BankruptcyCodeandFDIliberalizationsopshave provided a fillip to the business andinvestmentclimateinthecountry.
I must comment that with rising oilprices,wideningfiscaldeficitandrisingdebtburden, there remains an impinging risk ofinflation.Recentoilpricesandtherupeeareaddingtoinputcostpressures,butaslower-than-expected build up in food prices mayoffsetthese.
Further, lowdemand conditions and anunstable banking system due to mountingbad loans and stressed assets remain amajor concern. The gross NPAs of state-run banks at the end of FY 2017-18 stoodat Rs.8,95,601 crores. Funding remains achallenge for private investors especially inthe infrastructure sector, as power projectsgethardertobag.
Havingsaidthis,IopinethatforIndiatosustain the 8 percent growth and becomeaUS$5trillioneconomyin thenear future,new initiatives, new technologies and newideas are needed and strict implementationof decision making is required by policymakers.
With thisnote, Iwould like tobidadieuand extend my appreciation to everyoneat the Chamber for their harmoniouscooperationandencouragementthathelpedustofocusontheChamber’sgoals.Iwouldlike toexpressdeepgratitude toourvaluedmembers for their continuing confidence,counsel and support. My humblegratefulnesstotheSecretariatteamfortheirtimelysupportandvaluableguidance,asweworkedtogetherasonebigfamily.
With the Chamber’s 113th AnnualSession on the chosen theme, “Let’sWalkour Talk: India @2022” scheduled forSeptember 28, I urge all our members toattend this grand session wherein manyHon’bleCabinetMinistersandexpertswillbesharingtheirviews.
I finally rest my pen with a famousquote, “Every new beginning comes fromsomeotherbeginning’send.”Letusremaininspired and work diligently so that a NewIndia emerges that is counted amongstadvanced nations on the 75th year of itsindependence.
We are all ready for a New India!!!
MESSAGE
8 | PHD Chamber Bulletin September 20188 | PHD Chamber Bulletin September 2018
DEFENCE & HOMELAND SECURITYEXPO & CONFERENCE 2018
PHD Chamber for the first timeorganizeda flagshipevent, ‘Defence& Homeland Security Expo and
Conference 2018,’ September 6-8, 2018atNewDelhi.TheExpowassupportedbythree UnionMinistries:Ministry of HomeAffairs,Ministry of Defence andMinistryof MSMEs. The Expo was organizedin association with the National SmallIndustries Corporation (NSIC) and waspartnered by DRDO and the Governmentof Uttar Pradesh through its specializedagency, UPIEDA for promoting their
Defence Industrial Corridor. Mr. NarendraModi,Hon’blePrimeMinisterofIndiasentan appreciation letter to the Chamber onthesuccessoftheExpo.OnSeptember6,2018theConference
focusedon ‘HomelandSecurity’whileonSeptember 7-8, 2018 the focus was on‘Defencepreparednessofourcountry’.Mr. Rajnath Singh, Hon’ble Union
Home Minister inaugurated the Expo onSeptember 6, 2018. TheBands from theIndianArmy,BSFandCRPFwelcomedthedignitarieswiththeirdrumbeats.
TheHon’bleHomeMinisterlaidstresson investments in the field of scienceand technology to strengthen the overallinternal security apparatus. He said thatthegovernmenthasalwaysbeenkeen inadopting new technologies and methodsto counter threat of terrorism and othercrimes.He informed that thegovernmentis working towards themodernisation ofthePoliceForcesspeciallyfocusingonthetechnological up-gradation to match thebestglobalstandards.The Minister stated that this
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Conference-cum-Expo is a uniquecombination and joint efforts of thePublic and Private sector where theyare complementing each other to takeforwardthe“MakeinIndia”program.Thegovernment has been requesting Privatesector to participate in designing anddeveloping advanced technologies thatwouldhelptoensuresafetyandsecurityofourfellowIndians.Mr. Anil Khaitan, President, PHD
Chamber underlined that ‘Defence& Homeland Security, Expo-cum-Conference’ aims to promote ‘Make inIndia’ as it has given a new impetus todevelopment of defence production inthecountry.Theobjective is tocreateanenvironment that encourages a dynamic,robust and competitive defence industryasanimportantpartofthe‘MakeinIndia’initiative.Mr.RajivBhatnagar,Chairman,Defence
&HLS,PHDChamberstatedthatindustryhas to work towards taking forward theHon’ble Prime Minister of India’s visionto make India a manufacturing hub andto enable the nation become self-reliantin Homeland Security & Defence sector,therebymakingIndiaastrongereconomy.MSMEs should be promoted andencouragedtoparticipatemoreandmorein theDefence sector as itwill only helpinachievingthegoalof‘MakeinIndia’,hefurtheradded.Key dignitaries and speakers like
DG CRPF, Mr. Rajeev Rai Bhatnagar,Ambassador of Israel in India,Ms.MayaKadosh, DGP of Uttar Pradesh, Mr. OP Singh were present at the inauguralsessionandsharedtheirviews.Dr. Jitendra Singh, Hon’ble Union
MinisterofState(IC),MinistryofDoNER,Minister of State in the Prime Minister’sOffice, Minister of State of PersonnelPublic Grievances & Pensions and Mr.Giriraj Singh, Hon’ble Minister of State(IC) for MSMEs on September 7, 2018addressedtheinauguralsession.
Dr. Jitendra Singh commented thatthe government has a strong emphasison‘MakeinIndia’notonlyinthedefencesectorbutforeverysectorandthiswouldyield the desired and anticipated results.HeunderlinedthatthefocusedendeavourofPrimeMinisterModi is toacquire “thecapabilitytillthelastlineandthelastmile”. Mr. Giriraj Singh stressed on the
increasing roleofMSMEs in theDefenceand Homeland Security Sector andurgedindustrytocomeforwardwithnewtechnologyandinnovationsthatwouldhelpIndiainstrengtheningitsbordersandatthesametimemakethecountryself-sufficientin itsdefencerequirements. Hesaidthatthe MSME Ministry aims to establishTechnology Centres in every State in thecountrytogivetechnologysupporttotheMSMEssothattheyexcelintheirsectors.Around130Exhibitors participated in
theExpoand thesecomprisedof leadingIndian Defence and security companiesincluding HAL, Ordnance Factory Board,DCM Sriram, MKU, SMPP, Seagate,BharatForge, IdeaForge,etc.TheBorderSecurity Force and the Uttar PradeshPolice also showcased their pavilions attheExpo,displaying theircapabilitiesandbestoftechnologiesintheDefencesectorthat would help India in maintaining itsinternalsecurity.21Exhibitors fromNSICfrom different zones across the countryand 13 DC MSME Technology Centresalso showcased their products andtechnologies.AtechnicalSessionon‘Modernization
of Internal Security’ was addressedby Mr. Karuna Sagar, IPS, InspectorGeneral(Modernization),Ms.AnjuGupta,Additional Director General of Police(Women Power Line), Uttar Pradesh,Maj.Gen.BipinBakshi,VSM,IG,NationalSecurity Guard, Mr. Devesh ChandraShrivastava, IPS, Joint Commissioner ofPolice, Southern Range, Mr. O P Singh,DGP, UP Police and Mr. Sanjay Jaju, JS-DIP,DDP,MinistryofDefence.
An insightful session on ‘BorderManagement’wasdeliberatedbyLt.Gen.SKShrivastava,AVSM,DirectorGeneral,Engineer-in-Chief, Mr. S S Deswal, IPS,Special DG (Operations), Border SecurityForceandBrigManjeetSinghMokha,SM,Commander23SectorAssamRifles.On the second day, the inaugural
sessionwasgracedbyMr.MaroofRaza,Defence Analyst, Dr. S Guruprasad,DirectorGeneral(PC&SI),DRDO,Lt.Gen.SSHasabnis,VSM,DeputyChiefofArmyStaff(P&S),Mr.RamMohanMishra,DC-MSMEandMr.PKSrivastava,IOFS,DGOF& Chairman, Ordnance Factory Boardwhereineverybodyshared theirvisiononinternalsecurityanddefence.Thesessionon‘Long-TermandShort-
TermProcurementRequirementofArmedForces and the Offset Policy’ saw thepresence of key speakers, Rear Admiral.DSGujral,NM,Asst.ChiefofNavalStaff(CS NCO), Ms. Alka Nangia Arora, JointSecretary,MinistryofMSME,Dr.MayankDwivediDirector, Industry Interface&TM(DIITM),DRDOHQ,AVMBKSoodVSM,ACAS (MP), Indian Air Force, Mr. RajibKumar Sen, Economic Advisor, Ministryof Defence, Mr. Umesh Singh, DeputyDirectorGeneral,OrdnanceFactoryBoardandCol.KVKuber,OffsetAnalyst.Mr. Salman Khurshid, Former
ExternalAffairsMinisterandMr.AbhishekManu Singhvi, Eminent Lawyer andSpokesperson of Congress along withAVM Suresh Singh (Retd.) formallyconcludedtheExpoanddiscussed,‘HowtoMakeIndiaaGlobalManufacturingHubintheDefenceSector.’The Conference was well attended
by Defence Attaches from Afghanistan,Bhutan, China, Peru, Ukraine, Zimbabwe,Mozambique, Kenya and Zambia besidesothers.B2GandB2BmeetingswerealsoheldduringthethreedaysoftheExpo.
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GLIMPSES OF THE EXPO & CONFERENCE 2018
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States’ @ New India 2022
PHDCCI President, Mr. Anil Khaitan felicitating the Chief Guest Mr. Manohar Lal Khattar, Chief Minister, Haryana and Mr. Manish Sisodia, Deputy Chief Minister, Government of NCT – Delhi
PHD Chamber’s President, Mr. Anil Khaitan addressing the delegates Mr. Deepak Bagla, MD & CEO, Invest India gives his presentation on the existing opportunities for investments in states
Inaugural & Policy Session of States’ Conclave 2018: Dr. Manish Diwan, Head – Strategic Partnership & Entrepreneurship Development, BIRAC; Mr. Deepak Bagla, MD & CE0 Invest India; Ms. Vini Mahajan, ACS, Government of Punjab; Mr. Rajeev Talwar, Sr. VP, PHDCCI; Shri Manohar Lal Khattar, Chief Minister, Haryana; Mr. Anil Khaitan, President, PHDCCI; Mr. Manish Sisodia, Deputy CM, Government of NCT – Delhi; Mr. D K Aggarwal, VP, PHDCCI; Mr. Agendra Kumar, President, ESRI India and Mr. Devinder Singh, Principal Secretary, Department of Industries & Commerce, Government of Haryana
TheStates’Conclave 2018 is a prestigious flagship programmeof PHDChamberwhich aims to support the socio-economicdevelopmentof IndianStateswithamotto,“StrongStatesMakeStrongNation.”TheConclaveessentiallycarries forward themissionof“EmpoweringStates,”tostrengthenIndia’sfederalstructureofgovernance.
TheStates’ConclavewiththethemeStates’@NewIndia2022wasorganizedonAugust24,2018atHotelTajPalace,NewDelhi.TheConclavediscussedFocusStates–Haryana,Punjab,UttarakhandandDelhi–itwitnessedimpressiverepresentationsfromtheStateGovernments,IndustryandMediaforthesessionsandB2GMeetings.
The Conclave aimed to support the Vision and Mission-in-Progress for “MakingNew India” throughstrengthening thebasefor government-industry interface, by ensuring the best desiredoutcomes in the crucial thrust areas during the Conclave andfurtherthroughsustainablepractices.
TheConclavewas supported by Invest India,GovernmentofIndia’sNationalInvestmentPromotionandFacilitationAgencydedicatedtoinvestmentpromotionandfacilitation.TheStates’Conclave2018createdaplatformtodiscussthe
PHD Chamber Bulletin September 2018 | 13
Mr. Manohar Lal Khattar, Chief Minister, Haryana addressing at inaugural session
Mr. Manish Sisodia, Deputy Chief Minister, Government of NCT - Delhi addressing at inaugural session
industries’specificproblemsintheFocusStatesanddeliberatedonfindingsolutionswithseniorgovernmentofficialsoftheconcernedstates.Also,thedeliberationfacilitatedcommissioninganddirectmeetingofprospectiveindustryentitiesandexistingindustriesinmodeofexpansionwiththedecision-makersfromthestategovernmentstoresolvetheircontentiousissues.TheStates’Conclave2018openedup immenseopportunities for theparticipantsandpartners fromboth thegovernmentand
industry.Withanuniqueamalgamation,itwasviewedasthemostimpactful“StatePolicyConclave”oftheyear2018.
Mr. Manohar Lal Khattar, Chief Minister of Haryanaannouncedthathisgovernmentwouldbringaboutanothersetof systematic changes in its administration and also accordmarginalsubsidiestoindustrythatcomeforwardtoinvestintheStateofHaryana in itsB&Acategory townshipsas theState is already providing subsidies to businessmen in theState’sC&Dcategory.HefurtheraddedthatalargenumberofsystematicchangeshavebeenmadeintheState’seducationandhealthsystemtopreventcorruptionandnepotismsothatHaryanabecomesabetterdestinationfordomesticandforeigninvestors.The State is also gearing up to upgrade its aviation
infrastructurewithitsnewAirportatHissarthatwillservethesector under the UDAN scheme of the Central GovernmentandenlargeitsphysicalinfrastructuretoenableinvestorsgetattractedtoHaryana.
Mr. Manish Sisodia, Deputy ChiefMinister,GovernmentofNCTofDelhiraisedhisconcernthatthegovernancemodelofDelhi-State needs radical improvementin the entire federal structure of India toenableinvestorstoparktheirsurplusesinitandevenpersuadetheexistingbusinesshouses in theNationalCapital to stayonwithinitsgeographicalboundaries.Healsoemphasizedthatthesocietyin
Delhiisstrongineveryaspectbecauseitisabletoabsorbandassimilatedifferentanddiversecultureswithinitsambit;however,itsgovernancemodeisfilledwithvariouschallenges which need to be addressedto empower Delhi in terms of decision-makingthatwillleadtooveralladvantagesofitscitizens.
Ms.ViniMahajan,AdditionalChiefSecretary,GovernmentofPunjabstatedthatPunjabwouldsoondeclareitsamendedandexpandednewindustrialpolicysothatinvestorsgetattractedtotheStatewhichisknownforitssoundinfrastructure.
Purpose of States’ @ New India 2022The B2G Meetings held during the Conclave aimed to have a meaningful interface of the prospective investors who had shown inclination to invest in the focus states (Haryana, Punjab, Uttarakhand and Delhi) with the offices of the state governments headed by the Senior Government Officials (Policymakers) on key issues being faced by them for logical solutions.
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Other dignitaries present were Mr.Devinder Singh, Principal Secretary,Department of Industries & Commerce,Govt. of Haryana; Mr. Ashok Sangwan,Director, Department of Industries &Commerce, Govt. of Haryana; Mr. RajatAgarwal,CEO, InvestPunjab;Mr.DeepakBagla,MD&CEO,InvestIndia;Dr.ManishDiwan, Head - Strategic Partnership& Entrepreneurship Development,Biotechnology Industry ResearchAssistance Council (BIRAC), Govt. ofIndia;Mr.AgendraKumar,President,ESRIIndia;Mr.VinodPrasadRaturi,AdditionalSecretary, Department of Revenue, Govt.ofUttarakhand;Mr.B.C.K.Mishra,MD,UPCL, Govt. of Uttarakhand; Mr. AnilKumar Singh, Secretary, Department ofEnvironment&Forest,Govt.ofNCT-Delhi;Mr.MohanjeetSingh,PrincipalSecretary-cum-Commissioner, Department ofIndustries & MD, DSIIDC, Govt. of NCT
The parallel sessions on states’ which hosted the B2G meetings between the government representatives from Haryana, Punjab, Uttarakhand, Delhi and the participating industry entities
Participants
– Delhi; Mr. Anil Khaitan, President, Mr.RajeevTalwar,SeniorVicePresident,Mr.DKAgggarwal,VicePresident,Mr.Saurabh
Sanyal,SecretaryGeneralandDr.MaheshY Reddy, Secretary General (Designate),PHDChamber.
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MoU between PHD Chamber & Confederation of Nepalese Industries
PHDCCI President and INC Chairman met Prachanda, Nepal’s Former Prime Minister & Chairman, Nepal Communist Party
PHDCCI President & Delegates met MAN Leadership
PHDCCI President & Delegates met MAN Leadership
APHD Chamber delegation led byMr. Anil Khaitan, President visitedKathmandu from July 31-August
2, 2018. Other delegates Amb KVRajan, Chairman, INC; Mr. Vijay Mehta,Chairman, Economic Affairs Committee;Dr. Shruti Nada Poddar, Chairperson,Rajasthan Committee and Mr. Atul KThakur, Deputy Secretary, PHD ChamberandConfederation ofNepalese Industries(CNI)signedaMoUonAugust1,2018atKathmandu to set up India-Nepal Centre(INC)inNewDelhiandalsoinKathmandufor enhancing bilateral economic andstrategic cooperation between the twocountries.The MoU was signed between Mr.
Anil Khaitan, President, PHD Chamberand Mr. Hari Bhakta Sharma, President,Confederation of Nepalese Industries inthe presence of Mr. Manjeev Singh Puri,Ambassador, Republic of India to Nepal,Mr.KVRajan,FormerAmbassadorofIndiato Nepal; Dr. Yoon Jang Hyun, Ex-MayorofGwangjuCity,RepublicofKorea(TBC),Mr.YubaRajKhatiwada,Minister,Ministryof Finance, Mr. Nirvana Chaudhary, VicePresident, CNI and Mr. Atul K Thakur,DeputySecretary,PHDChamber.The core objectivesof theMoU is to
collaborate and work towards organizingjointprogramsbetweenIndiaandNepalinsectorslikeenergy,infrastructure,MSME,foodprocessing,agriculture&horticulture,road,railway&highways,water,sanitation& recycling, women entrepreneurship,family business, education & skilldevelopment, real estate, tourism, IT &ITESandbreakthroughtechnologies.In a statement issued, the two
organizations have agreed to form aSteeringCommittee(havingthemembersfromboth theorganisations) tocarryoutjointactivitiesinNepalandIndia.PHD Chamber and CNI will also
collaborate in setting up exhibitions inNepaland India for thebenefitof trade&industry and shall extend their invitationsto the members for participating in theinternational and overseas exhibitionsas per the terms and conditions. TheChamber will also provide assistance toCNI for Government of India activities,initiativesandfollowupprocessinDelhi.ThedelegationmetMr.PushpaKumar
Dahal“Prachanda”,Nepal’sFormerPrimeMinister & Chairman, Nepal CommunistParty.
The PHD Chamber delegation alsomet the Leadership of ManagementAssociation of Nepal (MAN) at HotelAnnapurna, Kathmandu. During themeeting, itwasdecidedthatPHDCCIand
MAN will organize joint programmes tocarry forward their institutional bonds.MANproposed tohavePHDChamberasa key Partner for the upcoming “GlobalManagementSummit”inKathmandu.
PHDCCI President Mr. Anil Khaitan and CNI President Mr. Hari Bhakta Sharma after signing a MoU with INC
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Brainstorming Session on Nepal
Interactive Session with Japanese/Nepalese Delegation from Kathmandu
Mr. Anil Khaitan, President, PHD Chamber addressing the participants
PHDCCI Leadership interacts with the Delegation
PHDChamberhassetupanIndia-NepalCentre(INC)tosupportstrengtheningof India-Nepal business ties through
sustained attention to opportunities forexpanding trade, investment and jointventures following the high-level visitsexchanged between the two countriesin recent months. The Nepal Centre isbeing supported by the Confederationof Nepalese Industries, chaired by Mr.Nirvana Chaudhary, Vice President, CNIandManagingDirector,ChaudharyGroup.Inordertodevelopthefutureframework
ofINCinitiatives,abrainstormingsessionwas organized on August 28, 2018 atPHD House, New Delhi. The dignitariespresent wereMr. Anil Khaitan, President,PHDChamber;AmbKVRajan,Chairman,INC; Mr. Saurabh Sanyal, SecretaryGeneral, PHDChamber;Mr. VijayMehta,Chairman, Economic Affairs Committeeand Dr. S P Sharma, Chief Economist,PHD Chamber; Amb Ranjit Rae, India’sFormer Ambassador to Nepal; AmbAshok Kantha; Amb Dinesh Jain; Dr. VKRaina, Consultant; Mr. M P Bezbaruah,
Keeping in focus the aim for greaterlevel of India-Nepal-Japan trilateralcooperation, an interactive session
was hosted by the India-Nepal Centrewith thevisitingJapanesedelegates from
Former Secretary, Tourism, GoI andformer Chairman, PATA; Mr. DevendraKumarSingh,CEOEnviro(Infrastructure);Mr. Anand Sethi, Consultant; Mr. KazemSamandari President, Terrafirma; Mr.Rangan Dutta, Former Advisor, Min S&T;Gen V Saigal (Think Tank); Mr. SamiranLahiri,MD&CEO,PreferredPartners;Mr.JyotiPrakashGaria,Chairman,ResurgentIndia Ltd. and Mr. Aseem Chawla, Co-
Kathmandu, representingJapanEmbassyinNepal, Japan International CooperationAgency, Japan Chamber of CommerceinNepaland InvestmentBoardNepal onAugust 30, 2018 at PHD House, NewDelhi.
chairman,Law&JusticeCommittee,PHDChamber and Mr. Atul K Thakur, DeputySecretary&Coordinator,INC.The session focussed on possible
innovative approaches in identifiedsectorsliketourism,hydropower,MSMEs,agriculture & agro-based Industries, skilldevelopmentandinfrastructure.
The PHD Chamber was representedbyMr. Anil Khaitan, President, Amb K VRajan,Chairman,INC;Mr.SaurabhSanyal,SecretaryGeneral andMr.AtulKThakur,DeputySecretary&Coordinator,INC.
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Inauguration of India-Nepal Centre
FormerPrimeMinisterofNepal,Mr.PushpaKamalDahal‘Prachanda’,Chairman,NepalCommunistPartywithPHDCCILeadershipduringtheinaugurationofIndia-NepalCentre
Mr.AnilKhaitan,President,PHDChamberandFormerPrimeMinisterofNepal,Mr.PushpaKamalDahal‘Prachanda’,Chairman,NepalCommunistParty
Esteemed Delegates
The India-Nepal Centre (INC) a newinitiative of PHD Chamber wasformally inaugurated by Former
Prime Minister of Nepal, Mr. PushpaKamal Dahal ‘Prachanda’, Chairman,Nepal Communist Party on September7, 2018 at PHD House, New Delhi. Theobjective is to strengthen India-Nepalbusiness ties through sustained attentionon opportunities for expanding trade,investment,jointventuresandtechnology,following the high-level visits exchangedbetweenthetwocountries.Chief Guest, Former Prime Minister
of Nepal, Mr. Pushpa Kamal Dahal‘Prachanda’,Chairman,NepalCommunistParty assured India Inc. that the new
democraticsetupinNepalisgoingtomaketherules®ulationsflexibleandfriendlytoattractinvestmentsfromitsneighboringcountries including India. He furtherassured that the federal setup of Nepalwith its provincial and local governmentisallunitedtotransformNepal’seconomyas thecountryhada tumultuouspoliticalhistoryinthepastonaccountofwhichitseconomicupliftmenthassuffered.According to Prachanda, water
managementincludinghydrocooperation,tourism and agriculture sectors couldbe the ideal areas for joint economiccooperationbetweenIndiaandNepal.The Former PrimeMinister interacted
with the members of PHD Chamberwherein he inaugurated the India-NepalCentre (INC) in the presence of Mr. AnilKhaitan, President, PHD Chamber alongwithH.E.Mr.BharatKumarRegmi,Chargéd’Affaires, Embassy of Nepal, India andMr. Nirvana Chaudhary, Vice President,
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Launch of Women Entrepreneur Committee
Ms. Vertica Dvivedi, Co-chairperson, Women Entrepreneur Committee, PHD Chamber; Ms. Tripti Shinghal Somani, Chairperson, Women Entrepreneur Committee, PHD Chamber; Mr. Anil Khaitan, President, PHD Chamber; Mr. Uday Kumar, Director, Planning and Marketing, NSIC, Ministry of Mirco, Small & Medium Enterprises; Mr. Rangnath Krishna Chandra, Advisor NIESBUD; Mr. Pinaki Nandy-Head - Decorative Projects Business AkzoNobel (ICI Paints) and Dr. Mahesh Reddy, SG, Designate, PHD Chamber
Chief Guest, Prachanda at PHD House, New Delhi
PHDChamberbelievesthattheIndianstart-up landscape with over eightmillionwomenentrepreneursisatan
inflectionpointwhereanacceleratedpro-womenchangeisofvitalimportance.Hence a Grand Gala launch of the
Women Entrepreneur Committee (WEC)under the aegis of PHD Chamber wasorganizedonSeptember1,2018atHotelPullman, Aerocity in association withWade Asia -the platform that celebrateswomen-led development in Art, Design& Architecture. The objective of WomenEntrepreneur Committee is to establishaWomen Entrepreneur Network to allowbetter coordination and cooperationbetween the women entrepreneurorganizationsandallow them to increasetheir domains of action at the national,regionalandinternationallevel.A panel discussion was organized
on ‘Business intelligence in Design’followedby the formal launchofWomenEntrepreneurCommittee.The panelists were Mr. Uday Kumar,
Director, Planning and Marketing, NSIC,Ministry of Mirco, Small & MediumEnterprises;Mr.RangnathKrishnaChandra,AdvisorNIESBUD;Mr.PinakiNandy-Head-DecorativeProjectsBusinessAkzoNobel(ICI Paints); Mr. Anil Khaitan, President,Ms. Tripti Shinghal Somani, Chairperson,Women Entrepreneur Committee, Ms.Vertica Dvivedi, Co-chairperson, WomenEntrepreneur Committee andMr.MaheshReddy,SG,Designate,PHDChamber.Mr.UdayKumar,Director,Planningand
ConfederationofNepaleseIndustries(CNI)&MD,ChaudharyGroup.INC is headed by Mr. K V Rajan,
Former Indian Ambassador to Nepal andAmbassador Former Secretary, Ministryof External Affairs, Govt. of India. Acounterpart India-Nepal Centre has alsobeen set up in Nepal supported by theConfederation of Nepalese Industries(CNI). It is chaired by Mr. NirvanaChaudhary,VP,CNIandManagingDirector,ChaudharyGroup andMr. Atul K Thakur,DeputySecretary,PHDChamberandCo-ordinatorofINC.The Centre facilitates the investors
from India to invest in Nepal and frominvestors in Nepal to invest in India inorder toexplore the tradeand investmentopportunities and to participate in theeconomicdevelopmentofboththenations.The Centre aims to facilitate greater
privatesectorcontributionforacceleratedinclusiveeconomicdevelopmentofNepal
by focussing on innovative approachesand new technologies in priority sectorsidentified by the two countries formutual cooperation, such as Tourism,Hydropower, Infrastructure, Agriculture &Agro-processedIndustry,MSMEsandSkill
Development.Mr.SaurabhSanyal,SecretaryGeneral
and Dr. Mahesh Y Reddy, SecretaryGeneral-Designate, PHD Chamber werealsopresentontheoccasion.
Marketing,NSIC,MinistryofMirco,Small& Medium Enterprises spoke about theopportunitiesandchallengesintheglobalscenarioforwomenentrepreneurs.Mr. Anil Khaitan, President, PHD
Chamber spoke about PHD Chamber’srelentless work in promoting trade,commerce and entrepreneurship.He formally launched the ‘WomenEntrepreneurCommittee’.Ms. Tripti Shinghal Somani,
Chairperson, Women Entrepreneur
Committee, PHD Chamber mentionedabout the various government schemesavailable for enhancing business andurgedwomenentrepreneurstoavailthesefacilities.Dr.MaheshReddy,SGDesignate,PHD
Chamber spoke about the importanceofwomen as entrepreneurs in a growingeconomy.Ms. Vertica Dvivedi, Co-chairman,
WEC,PHDChamber delivered the formalvote-of-thankstotheguests.
PHD Chamber Bulletin September 2018 | 19
Gata Rahe Mera Dil Musical Evening
Mr. Yogesh Srivastav, Principal Director; Mr. Rajan Sehgal, Co-chairman, Tourism Committee; Mr. Mukesh Gupta, Convener & Chairman, Tourism Committee; Mr. D. K. Aggarwal, Vice President; Mr. Anil Khaitan, President; Mr. Rakesh Gupta, Chairman, Entertainment Committee; Mr. Saurabh Sanyal, Secretary General; Ms. Nandita Jain, Co-chairperson, Entertainment Committee; Mr. Arshad Shawl, Co-chairman, Entertainment Committee; Mr. Sushil Chaudhary, Co-chairman, Entertainment Committee, PHD Chamber and Mr. M. R. Kumar, Zonal Head (North), LIC
Mr. Manoj Tiwari, Member of Parliament- Lok Sabha and BJP President and Mr. Mika Singh, Singer
TheEntertainmentCommitteeofPHDChamberorganizedits4theditionofGataRaheMeraDilMusicalEvening
onAugust24,2018atTalkatoraStadium,New Delhi wherein leading Bollywoodsingers were felicitated with PHDUtkrishtataSamman for their contributiontoBollywood.Singers, Mr. Mika Singh, Mr. Ankit
Tiwari, Ms. Harshdeep Kaur, Mr. SudeshBhosle,Mr.AnupJalota,Mr.DalerMehendi,Mr. Raag Bhatia; Dancer, Ms. SapnaChaudhary; andStandUpComedian,Mr.Rajeev Nigam were felicitated with PHDUtkrishtata Samman. Talkatora Stadiumwitnessed a scintillating evening which
saw these Bollywood stalwarts crooningtopopularnumbers.PHD Utkrishtata Samman was also
conferred to singers, Mr. Dilbagh Singhand Mr. Prem Bhatia; Actors, Ms. AmrinChakkiwala;Founder&CEO,P&MMovies,Mr.PawanChawlaandAnchor,Ms.AartiKhetarpal.Mr. Manoj Tiwari, Member of
Parliament-LokSabhaandBJPPresident,Delhialsogracedtheoccasion.Representatives from PHD Chamber
included Mr. Anil Khaitan, President; Mr.Rajeev Talwar, Senior Vice President;Mr. D. K. Aggarwal, Vice President; Mr.Mukesh Gupta, Convener & Chairman,
Tourism Committee; Mr. Rakesh Gupta,Chairman, Entertainment Committee;Mr. Arshad Shawl, Co-chairman,Entertainment Committee; Ms. NanditaJain, Co-chairperson- EntertainmentCommittee; Mr. Sushil Chaudhary, Co-chairman, Entertainment Committee;Mr. Rajan Sehgal, Co-chairman, TourismCommittee;Mr.SaurabhSanyal,SecretaryGeneral; Dr. Mahesh Y Reddy, SecretaryGeneral, Designate and Mr. YogeshSrivastav,PrincipalDirector.Theprogrammewitnessedmore than
3000 attendees and many prominentbureaucrats, diplomats and industrialists.The show was widely covered in all thenationaldailiesandelectronicmedia.
20 | PHD Chamber Bulletin September 2018
Glimpses of Gata Rahe Mera Dil Musical Evening
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PHD Chamber Bulletin September 2018 | 21
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MoU between PHD Chamber and OFB Tech Private Limited
MoU between PHD Chamber and Global Compact Network of India
Mr. Anil Khaitan, President, PHD Chamber and Mr. Nitin Jain, Co-founder after signing the MoU, also present are Dr. H P Kumar, Advisor, PHD Chamber, Former Chairman & CMD NSIC; Ms. Kanchan Zutshi, Secretary, PHD Chamber and Secretariat team
Mr. Deep Chandra Papnoi, Programme Manager, Global Compact Network India; Mr. Rakesh Khare, Ex-Executive Director, THDC India Ltd.; Mr. Kamal Singh, Executive Director & CEO, Asia Pacific Resource Centre, Global Compact Network India; Mr. Anil Khaitan, President, PHD Chamber; Mr. Ajay Poddar, Chairman, CSR Committee, Ms. Kadambari Chief Executive Officer, PHDRDFand Dr. Jatinder Singh, Director, PHD Chamber
PHD Chamber and OFB Tech PrivateLimited signed a MoU on July 30,2018 at PHD House, New Delhi
to improve the availability of financingfor SMEs and facilitate raw materialsprovisionatbetterpricestoSMEsthroughaggregation technology platform. TheMoUwassignedbetweenMr.AnilKhaitan,President, PHD Chamber and Mr. NitinJain,Co-founder,OFBTechPrivateLimited
PHD Chamber and Global CompactNetwork of India signed a MoU onJuly 20, 2018 at PHD House, New
Delhi. TheMoUwas signed betweenMr.AnilKhaitan,President,PHDChamberand
inthepresenceofDr.HPKumar,Advisor,MSME Committee, PHD Chamber andFormerChairman-cum-ManagingDirectorNSIC along with the secretariat team ofPHD Chamber and senior official of OFBTechPrivateLimited.Mr. Nitin Jain, Co-founder, OFB Tech
Private Limited stated that OFB TechPrivate Limited is a financing companyregisteredasNBFCthatprovidesPurchase
Mr. Kamal Singh, Executive Director &CEO,AsiaPacificResourceCentre,GlobalCompactNetworkIndia.TheMoUbetweenPHDChamberand
GCNIisintendedtosynergizetheeffortsfor
Financing, Bill Discounting, WorkingCapitalFinancing,CapitalGoodsFinancingandProjectFinancing.Mr. Anil Khaitan, President, PHD
Chamber said that PHD Chamber shallwork together with OFB India to planvarious communication and marketinginitiatives for specific solutions andofferings that may bring value to themembercompanies.
attainingtheAgenda2030forSustainableDevelopment and the challenging timeframe for achieving these goals and anyother area mutually decided by the twoinstitutionsfromtimetotime.
PHD Chamber Bulletin September 2018 | 23
Mr. Anil Khaitan, President, PHD Chamber experiencingfirsthandVRARdevices
Discussion on The Micro, Small and Medium Enterprises Development (Amendment) Bill 2018
Visit to Simulanis Solutions
(anticlockwise) Ms. Anju Bajaj, Chairperson, MSMEs Committee, PHD Chamber, Mr. Ram Poddar, Co-chairman, Industry Affairs Committee, Mr. Surinder Kalra, Chartered Accountant, S K Kalra & Associates, Mr. Sanjay Aggarwal, Chairman, Industry Affairs Committee, PHD Chamber, Dr H P Kumar, Advisor, MSMEs PHD Chamber, Mr. Anil Khaitan, President, PHD Chamber, Mr. Jasmohan Singh, MD, Frick India Ltd., Dr S P Sharma, Chief Economist, PHD Chamber, Ms. Shruti Nada Poddar, Chairperson, Rajasthan Chapter, PHD Chamber, Ms. Kanchan Zutshi, Secretary, PHD Chamber and Ms. Megha Kaul, Economist, PHD Chamber.
The Industry Affairs Committee andCommittee on MSMEs organizeda roundtable discussion on ‘The
Micro, Small and Medium EnterprisesDevelopment (Amendment) Bill 2018’ onAugust3,2018atPHDHouse,NewDelhi.TheMicro,SmallandMediumEnterprisesDevelopment (Amendment) Bill 2018was recently tabled in Parliament by theHon’ble Union Minister of MSMEs, Mr.GirirajSinghandsubsequentlyaneffectiverepresentation to the government wasmade. The discussion was convened byMr.AnilKhaitan,President,PHDChamberandDr.HPKumar,Advisor,MSMEsPHDChamber. The meeting was attendedby Mr. Sanjay Aggarwal, Chairman,Industry Affairs Committee, Ms. Anju
Bajaj, Chairperson, MSMEs Committee,Ms. Shruti Nada Poddar, Chairperson,Rajasthan Chapter, Mr. Ram Poddar, Co-Chairman,IndustryAffairsCommittee,PHDChamber,Mr.JasmohanSingh,MD,FrickIndia Ltd., Mr. Surinder Kalra, CharteredAccountant,SKKalra&Associates,Dr.SPSharma,ChiefEconomist,Ms.KanchanZutshi, Secretary, and Ms. Megha Kaul,Economist,PHDChamber.Mr. Anil Khaitan highlighted the
definition of MSMEs of Germany whichis based on annual turnover and saidthat change in India’s definition was nottoo perfect. Mr. Sanjay Aggarwal raisedconcerns over the definition. With theintroduction of this definition, the tradersfrom China will flood the market and
manufacturers from India will be on thesuffering end as the definition does notclearly make a demarcation betweentradersandmanufacturers.Ms.AnjuBajajalsoraisedissuesregardingtheregistrationprocess on Udyog Aadhar. Mr. SurinderKalra suggested that traders should bekept outside the purview of this Bill. Dr.HPKumarinformedthedignitariesaboutthedefinitionofMSMEsandsaidthatthetradershavebeenkeptoutsidethepurviewof this Bill.Mr. JasmohanSingh inquiredthat if the companies retrospectivelycan also register if theywereMSMEs towhichDrHPKumarrepliedthatitcannotbe done. All the members unanimouslysuggestedthatthetradersshouldbekeptoutsidethepurviewofthisbill.
The Innovation and Industry 4.0Committee of PHD Chamberorganized a visit on August 16,
2018 to Simulanis Solutions Pvt. Ltd. -India’s leading augmented reality (AR),mixed reality (MR) and virtual reality(VR) company in Delhi that offersinnovative visualization products. Mr.Anil Khaitan, President, PHD ChamberexperiencedfirsthandVRARdevicesandunderstood their applications for variousindustries. Simulanis harnesses AR andVR technology tohelpcompaniesacrossindustries—pharmaceuticals,auto,FMCGandmanufacturing—traintheirstaff.
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MoU between PHD Chamber and India New Zealand Business Council (INZBC)
Mr. Vivek Seigell, Principal Director, Mr. Saurabh Sanyal, Secretary General and Mr. Anil Khaitan, President, PHD Chamber; Mr. Bhav Dhillon, Treasurer, INZBC and Hon. Consul of India to Auckland and Northland; Dr. Mahesh Y Reddy, Secretary General Designate and Ms. Komple Sharma, Assistant Secretary, PHD Chamber
PHDChambersignedaMoUwith theIndiaNewZealandBusinessCouncil(INZBC) on September 5, 2018 at
PHDHouse,NewDelhi.TheChamberwasrepresentedbyMr.AnilKhaitan,President,PHDChamberandINZBCwasrepresentedbyMr.BhavDhillon,Treasurer,INZBCandHon. Consul of India to Auckland andNorthland. INZBC is a premier memberbasedorganizationbasedinNewZealand
since1988whichaims toenhance tradeandbusinessbetweenthetwocountries.The MoU would act as a catalyst in
promoting India-New Zealand relationsand would also enable sharing ofknowledge between PHDCCI and INZBCalongwith partnering eachother in tradepromotion activities. Mr. Dhillon alsoinformedabout thescheduledvisitof the
Hon’bleCommerceand IndustryMinisterof India to New Zealand, October 29-30,2018andinvitedPHDChambertomounta business delegation during that time.The focus sectors would be agriculture,agro processing, dairy farming, IT/ITESandretail.ThePresidentagreedtomounta business delegation to New ZealandcoincidingwiththeHon’bleMinister’svisit.
Dr. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Ltd., and Chairman, JK Tornel, Mexico has been awarded “Mexican Order of the Aztec Eagle” the highest civilian honour awarded to a foreign national, by Hon’ble President of Mexico, for his business leadership and the work performed to strengthen trade relations between Mexico and India, including the relevant investments made in Mexico, which have provided numerous highly qualified employment opportunities.
The award was presented by Ambassador of Mexico, Ms. Melba Pria on Sepember 14, 2018 at the Mexican Embassy, on their National Day.
“Mexican Order of the Aztec Eagle” Award forDr. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Ltd. and Chairman, JK Tornel, Mexico
PHD Chamber Bulletin September 2018 | 25
Annual Conference on Tax Deducted at Source: Issues, Problems and Recent Developments
Mr. Abhi Narayan Mishra, Principal Director, Finance & Admin, PHD Chamber; Mr. Mukul Bagla, Co-chairman, Direct Taxes Committee, PHD Chamber; Mr. Anil Khaitan, President, PHD Chamber; Ms. Neena Kumar, Principal DGIT (Admn & TPS); Mr. Anil K Chopra, Chairman, Direct Taxes Committee, PHD Chamber; Mr. Krishan Malhotra, Partner – Dhruva Advisors LLP and Mr. Vikas Vasal, Co-chairman, Direct Taxes Committee, PHD Chamber
Mr. Mukul Bagla, Co-chairman, Direct Taxes Committee, PHD Chamber; Mr. Sameer Gogia, Director – Deloitte Haskins & Sells; Mr. Gaurav Jain, Partner – Vaish Associates; Joint Commissioners from Central Board of Direct Taxes; Ms. Vanita Rattan Sharma, CIT (TDS) 2; Ms. Meenakshi Singh, CIT (TDS) 1; Mr. Anil K Chopra, Chairman – Direct Taxes Committee, PHD Chamber; Mr. Sanjiv K Chaudhary, Partner – BSR & Co. LLP; Mr. Ashwani Taneja, Partner – RRA TaxIndia and Mr. Vikas Vasal, Co-chairman, Direct Taxes Committee, PHD Chamber
The Annual Conference on ‘TaxDeductedatSourceIssues,ProblemsandRecentDevelopments’underthe
aegisofPHDChamberwasorganizedonAugust9,2018atPHDHouse,NewDelhi.Ms. Neena Kumar, Principal DGIT
(Admn & TPS) presided over theconference.Mr. Anil Khaitan, President, PHD
Chamber said that the direct tax systemthough has evolved a great deal but stillneedscertainclarifications.Mr. Anil K Chopra, Chairman, Direct
Taxes Committee, PHD Chamber statedthat clarity and efficiency on TDS frontshould be there for assessees for theirproblems.Mr. Anil K Chopra in his theme
presentationexplainedtheconceptofTDS.TheconceptofTDSenvisagestheprincipalof pay as you earn. He also added thataround40percentofdirecttaxrevenueiscollectedfromTDS.Mr.KrishanMalhotra,Partner,Dhruva
Advisors LLP through his presentationexplained the issues on non-deduction/lower deduction of TDS. He stated thatan application for non-deduction/lowerdeductionistobemadeinFormNo.13butForm13doesnotprescribeanydisclosurespecifically for income earned under thehead Capital Gains. He also put forwardissuespertaining toTDSreturns, refundsandproceduraldifficulties.Ms. Meenakshi Singh, CIT (TDS)
1 through her presentation explainedthe concept of TDS on salary. She alsoexplainedvariousformsforexample,Form24Q,Form16andForm12BA.
Mr.VikasVasal,Co-Chairman–DirectTaxesCommittee,PHDChamberexplainedthe concept of TDS on Salary and thedifference between Contract of ServiceandContractforService.Mr.MukulBagla,Co-chairman,Direct
TaxesCommittee,PHDChamberexplainedthe concept of TDS on Commission/Brokerage.Heexplainedvariouspracticalcase studies to help the participantsunderstandthetopicwell.Mr. Gaurav Jain, Partner, Vaish
Associates explained the concept ofAssessee inDefault, InterestandPenalty.If any person fails to deduct the wholeor any part of the tax, then such personshall be liable to pay, byway of penalty,a sum equal to the amount of taxwhichsuchpersonfailed todeductorpay.Thispenalty shall be imposed by the Joint
Commissioner.Mr. Sanjiv K Chaudhary, Partner –
BSR&Co. LLPmoderated the TechnicalSessionII.Ms.VanitaRattanSharma,CIT(TDS)2
throughherpresentationexplainedtheroleof TDS Deductor. She also explained theconsequencesthedeductorhastoface.Mr. Ashwani Taneja, Partner –
RRA TaxIndia through his presentationexplained the concept of prosecution.Healsoexplainedthewinningsfromlotteryorcrossword puzzle. He also explained theprocessandlawrelatedtocompounding.Mr.SameerGogia,Director–Deloitte
Haskins&SellsdeliberatedonTDSonfeesfor Professional and Technical Services.Heconcludedhispresentationwithafewpracticalcasestudies.
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Interactive Session with Chairman, HARERA
Brig HPS Bedi, Director, PHD Chamber; Mr. Subhash Chander Kush, Member, HARERA; Dr. Manish V Karandikar, Senior Scientist, ACC Ltd.; Mr. Kushagr Ansal, President, CREDAI NCR – Haryana; Mr. Anil Khaitan, President, PHD Chamber; Dr. K K Khandelwal, Chairman, HARERA; Mr. Manish Agarwal, Chairman, Housing and Urban Development Committee, PHD Chamber and Mr. Samir Kumar, Member, HARERA
PHDChamberorganizedaninteractivesession with Dr. K. K. Khandelwal,Chairman,HARERAonJuly27,2018
atPHDHouse,NewDelhiwhichwaswellattendedbythestakeholdersandindustry.Mr. Anil Khaitan, President, PHD
Chamber in his welcome remarksappreciated the introductionofRERAandexudedconfidencethatwithitsenactment,both the developers and home buyerswould be happier in dispensing theirobligations.Dr. K K Khandelwal, Chairman,
HARERAintheinauguralsessionappealedto the real estate developers, promotersand builders to concentrate fulfilling theirpromises given to buyers in order toescape stringent provisions of RERA.Hefurtheradded thatHARERA isanenablerand it aims to help in the developmentof Real Estate sector in Haryana. Thoseprojects that have completed 40 percentoftheirrealestatedevelopmentandwouldnotrecommendfor theirwithdrawalsandthat it is intention of all authorities in the
StateofHaryanathatsuchprojectstakeoffeveniftherearecertaindelaysindeliveriesandrewardingofoccupationcertificates.OtherspresentwereMr.SamirKumar,
Member,HARERA,Mr. SubhashChandraKush, Member, HARERA, Mr. Manish
Agrawal, Chairman, Housing and UrbanDevelopment Committee, PHD Chamber,Mr. Kushagr Ansal, President, CREDAI-NCR(Haryana),Dr.ManishVKarandikar,SeniorScientist,ACCLimitedandBrigHPSBedi,Director,PHDChamber.
Seminar on Drafting of Commercial Contracts and MoUs - Legal Issues
Mr. R. K. Joshi, Secretary, Law & Justice Committee, PHD Chamber; Mr. Aseem Chawla, Co-chairman, Law & Justice Committee, PHD Chamber; Mr. Anil Khaitan, President, PHD Chamber and Mr. Arjun Anand, Partner, Singhania & Partners LLP
PHD Chamber along with KASorganized a seminar on ‘Drafting ofCommercial Contracts and MoUs -
LegalIssues’onAugust30,2018atPHDHouse,NewDelhi.Mr. Anil Khaitan, President, PHD
Chamber delivered the welcome addresswhile Mr. Aseem Chawla, Co-chairman,Law&JusticeCommittee,PHDChambermoderated the session. Ms. Soni Singh,Partner, Virender Goswami & Associatesand Mr. Arjun Anand, Partner, Singhania& Partners LLP addressed the technicalsession and answered the queries of theparticipants.A commercial contract refers to
a legally binding agreement betweenparties in which they are obligated todo or restrained from doing particularthings. Commercial contracts can bewritten, verbal or implied in a formal orinformalmanner. The speakers explainedthatintentiontocreatelegalrelationsisapartofelementsinthecontract.Contracts
should be feasible. Clarification of basicthingsisnecessary.Itwasmentionedthatwemusthaveclarityonhowtotakestepsincaseofbreachofcontractwhichneedstobementioned in thecontract itself. Itwasmentioned that a contract has toberead, understood and analyzed as perthe wordings and expressions employedin the body of contract. It is pertinent tounderstand that under no circumstancesany artificial word be infused or an
additional meaning can be drawn otherthanwhatisunderstoodinaliteralmanner.Simple and short sentences should beused.Biggersentencesanddifficultwordsleadtodifferent interpretationsandhencemustbeavoided.Itwasalsoclarifiedthatincaseofcontractofproperty,theremustberegistration if required. Without paymentofnecessarystampdutyifrequired,wouldmakethecontractinvalid.
PHD Chamber Bulletin September 2018 | 27
Workshop on Independent Directors- Broad Perspective
Mr. Anil Khaitan, President, PHD Chamber; Mr. Abhi Narayan Mishra, Principal Director (Finance & Administration), Mr. Vikram Singh Mehta, Co-chairman, Company Law and Corporate Governance Committee and Mr. Pavan Kumar Vijay, Chairman, Company Law and Corporate Governance Committee, PHD Chamber
Ms. Sohale Gupta, Executive Officer and Ms. Shivani Gupta, Dy. Secretary, PHD Chamber; Mr. Manvinder Singh, Partner, J Sagar Associates; Mr. Vikram Singh Mehta, Co-chairman, Company Law and Corporate Governance Committee, PHD Chamber; Mr. Alok B Shriram, Vice Chairman & Dy. Managing Director, DCM Shriram Industries Ltd; Mr. Pavan Kumar Vijay, Chairman, Company Law and Corporate Governance Committee, PHD Chamber; Mr. R C Gupta, Joint Managing Partner, BGJC & Associates LLP; Mr. Sanjay Gupta, Vice President - Finance & Co. Secretary, Godfrey Phillips India Ltd and Mr. Raj K Agrawal, Co-Chairman, Company Law and Corporate Governance Committee, PHD Chamber
The Company Law and CorporateGovernance Committee of PHDChamber organized a workshop
on ‘Independent Directors - BroadPerspective’ on August 8, 2018 at PHDHouse,NewDelhi.Mr. Abhi Narayan Mishra, Principal
Director, Finance & Administration, PHDChamber moderated the session andhighlightedthatasanationofhalfamillionindependent directors, a strong systemshouldbeinplacetoregulatethem.Mr. Pavan Kumar Vijay, Chairman,
CompanyLawandCorporateGovernanceCommittee,PHDChamberstated that thegovernmentwantstocreateamechanismtomake independent directors (ID)moreaccountable and ensure that they aredischargingtheirdutiesproperly.TheUdayKotak Committee also suggested thatcompanies induct at least six directors,up from the current minimum of threeundertheCompaniesAct,withatleastoneindependentwomandirector.Mr.VikramSinghMehta,Co-chairman,
CompanyLawandCorporateGovernanceCommittee, PHD Chamber in his themeaddress highlighted the concept of IDsthatwasintroducedtobringinchecksandbalancesataboardleveltoensureeffectivecorporate governance and therefore thelaw should strengthen the independenceof ID meaningfully rather than allowingpeopletofindwaystoblametheIDfornotbeingtrulyindependent.Mr. Anil Khaitan, President, PHD
Chamber in his welcome remarksmentioned that in the last 10-15 years,corporate governance has become awidely-discussed subject, being a veryimportant consideration for investorsaroundtheworld.Theeffectivenessoftheinstitution of IDs in raisingCG standardsand establishing public trust has always
beenanissueofconsiderabledebatesuchastwomajorcasesofSatyamandCyrusMistry.Mr. Alok B Shriram, Vice Chairman
& Dy. Managing Director, DCM ShriramIndustriesLtd. highlighted the ‘PromotersExpectations from IndependentDirector’. Hementioned that compulsoryappointment of Independent Directors onthebasisofturnoverisbecomingaharshprovision for MSMEs and Family ownedbusinesses. The current regulations arebecomingmorelikeatickingboxconceptand also hindering the Ease of DoingBusinessinitiativeofthegovernment.Mr.ManvinderSingh,Partner,JSagar
Associates presented his views on the‘Board Independence in India – A LegalPerspective’.Hehighlightedtheprovisionsof CorporateGovernance in India and itsrankingintheworld.Healsodiscussedthestringent provisions to ensure corporategovernance in India. He detailed out theroles, responsibilities and liabilities of anIndependentDirector.
Mr. Sanjay Gupta, Vice President -Finance&Co.Secretary,GodfreyPhillipsIndia Ltd. discussed the ‘Industry’sPerspective on Independent Director’. Hehighlighted the applicability of provisionsofSection149(4)ofCompaniesAct,2013;Regulation17ofSEBI(LODR)Regulations,2015 and Woman Independent Director.He also discussed the disclosures anddeclarations provided by IndependentDirectors alongwith the recent cases onroleofIndependentDirectors.Mr. R. C. Gupta, Joint Managing
Partner, BGJC & Associates LLP sharedhisviewsonthe‘SafetyNetforDirectors’.He suggested that Directors shouldtake a proactive approach to the currentcorporateclimatebyeducatingthemselvesonthedutiesowedbyandrightsgiventothemunderthelaw.Mr. Raj K Agrawal, Co-chairman,
CompanyLawandCorporateGovernanceCommittee, PHD Chamber delivered theformalvote-of-thankstotheguests.The workshop concluded with an
extensivediscussionandQ&Asession.
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Meeting with Hon’ble Minister of Foreign Affairs and European Integration of the Republic of Moldova
Mr. Purrshottom Bhaggeria, Chairman, International Affairs Committee EURASIA, PHD Chamber; H.E. Mr. George Leucă, Ambassador of the Republic of Moldova; Mr. Rajeev Talwar, Senior Vice President and Mr. D. K. Aggarwal, Vice President, PHD Chamber
Esteemed delegates
TheInternationalAffairsCommitteeofEURASIA, PHD Chamber organizedan Interactive Meet with H.E. Mr.
Tudor ULIANOVSCHI, Hon’bleMinister ofForeign Affairs and European IntegrationoftheRepublicofMoldovaonAugust13,2018atPHDHouse,NewDelhi.Mr.PurrshottomBhaggeria,Chairman,
InternationalAffairsCommitteeEURASIA,PHD Chamber and also the HonoraryConsul of Republic of Moldova in Indiaorganized the meeting with the Hon’bleMinisterandAmbassador.Mr. Rajeev Talwar, Senior Vice
President, Mr. D. K. Aggarwal, VicePresident, Mr. Binay Kumar, FormerPresident,Mr.V.K.Mishra,Chairman,AgriBusiness&FoodProcessingCommitteeofPHD Chamber along with the Secretariatteamwerealsopresent.H.E. Mr. George Leucă, Ambassador
of the Republic of Moldova, to theRepublic of India made a detailedpresentation showcasing the businessopportunities available at Moldovaand also the government policies andincentives being offered for inviting jointventures and Foreign Direct Investment.Potential sectors included Agriculture &Food Industry; Healthcare (Hospital &Medical Devices); Automotive Machinery&Equipment;MachineryParts;Electronic
Devices, IT, BPO, Textiles, Apparel,FootwearAccessories,etc.Moldova is looking for Privatisation
of sectors such as CommunicationsTechnologies; Aviation Sector; ElectricalDistributionNetworks;HydropowerSector&BankingSector,henceitisanappropriateopportunity for Indian companies toexplorethepossibilities.
Moldova is ranked 44th out of 190countries in Ease ofDoingBusiness andis a Business and Investment friendlydestination.ThelabourandpowercostisalsoveryeconomicalandMoldovacanbetheGatewaytoWesternEurope.PHDChamber isplanningtomounta
delegation toRepublicofMoldovaduringmidOctober2018.
PHD Chamber Bulletin September 2018 | 29
Fast Tracking Road Safety
Mr Ashish Mohan Wig, Chairman, Roads, Ports and Other Infrastructure Committee, PHD Chamber addressing the audience
The Roads, Ports and OtherInfrastructure Committee, PHDChamber organized an event titled
‘FastTrackingRoadSafety’onSeptember1, 2018 at PHD House, New Delhi. TheeventwasjointlysupportedbyNITIAayog& International Road Federation (IRF)andwaswellattendedbymore than150delegatesfromNHAI,NITIAayog,Industryandotherstakeholders.Mr.G.Sharan,Chairman,International
Road Federation, India mentioned thatan advanced incident managementsystem needs to be developed for highspeed network of National Highwaysand Expressways for the safety of trafficoperations. There should be extensiveuse of incident management camera forfast managing the incidents as well ascontrollingtheviolations(e.g.Contra-flowmovements),whichisaserioushazardinsuchnetwork.AdvanceTrafficInformationSystem(ATIS)shouldalsobeimplementedalongallhigh-speed roadnetworkofSH,NHandExpresswaysforreportingweatherand traffic information to users throughVariable Messaging Systems (VMS), headded.Mr Ashish Mohan Wig, Chairman,
Roads, Ports and Other InfrastructureCommittee, PHD Chamber informed theparticipants that the Road traffic injuries
claim more than 1.25 million lives eachyear and have a huge impact on healthanddevelopment.Roadtrafficinjuriesaretheninthleadingcauseofdeathsgloballyandareestimatedtoranksixthbytheyear2020. In the South East AsianRegion ofthe World Health Organization (WHO),India alone accounted for 73 percent ofthese Road traffic accidents burden. Areport published by Ministry of RoadTransport and Highways indicated that56 accidents occur every hour on Indianroadsandat least14peoplegetkilled intheseaccidents.Mr.K.K.Kapila,Chairman,International
RoadFederationstressedon the fact that
safety audit should be carried out at allstagesofroaddevelopment,viz,feasibilitystudy, preliminary design, on completionofdetaileddesignattheconstructionstageand operation tominimize road fatalities.Driverlicensingshouldbemodernizedwithon-line application and automated drivertestingsystems.Forbetterskillsindrivingpopulation, driver education and testingshould be through simulators with real-worlddrivingconditionsonroads.The Summit had three panel
discussionsfocusingonfasttrackingroadsafetyinthecountry&wasaddressedbyvarious eminent speakers both from thegovt.andprivatesector.
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PHD Annual Media Summit - 2018 “The Power to Change”
Mr. Anil Khaitan, President, PHDCCI addressing the audience
Print Media Session: Ms. Kaveree Bamzai, Consulting Editor, India Today; Mr. Sandeep Marwah, Chairman, PHD Arts & Culture Committee & Mr. Madhavan Narayanan, Senior Editor, Writer, Columnist, Former Senior Associate Editor, Hindustan Times
Electronic Media Session -Mr. Siddharth Zarabi -Executive Editor of BTVI; Mr. Sudhir Chaudhary, Editor, Zee News, WION; Ms. Shruti Poddar, Chairperson, Rajasthan State Chapter; Mr. Gaurav Sawant, Executive Editor, India Today & Mr. Rahul Shivshankar, Editor in Chief, Times Now
PHD Chamber organized its firstAnnualMediaSummitonSeptember7,2018atIndiaHabitatCentre,New
Delhi.Theobjectivewastobringtogetherthe best minds in the media industry todiscusson issuesrelatedto industryandroleofstory-tellingintoday’scontext.Mr.Anil Khaitan, President, PHDCCI opinedthatMediawasoneofthe4pillarsofanyeconomyanditsbiggeststrengthliesinitspowerofreachandinfluenceonall.The first session on Print Media-
themedThreeIsCompanywasgracedbyMs. Kaveree Bamzai, Consulting Editor,India Today &Mr.Madhavan Narayanan,SeniorEditor,Writer&Columnist,FormerSeniorAssociateEditor,HindustanTimes.Thesessiondiscussedtheimportanceandauthorityofthewrittenwordasprintmediaco-existswithelectronicanddigitalmedia.Thesessionexploredhowall threeformsofmediacancarveoutanichefortheyinaworldwhereusergeneratedcontent(bothrealand fake) is fastbecomingviral.Thespeakersopinedthatwhoeverhadcontrolover data was powerful and what wasimportantwashowtheyuseit.The theme of the second session on
ElectronicMediawas-TwoSidesofaStory.This sessionwasgracedby top industrystalwarts-Mr.RahulShivshankar,EditorinChief,TimesNow:Mr.SudhirChaudhary,Editor, Zee News, WION: Mr. GauravSawant, Executive Editor, India Todayand moderated by Mr. Siddharth Zarabi,Executive Editor of Bloomberg TV India.Thespeakerssharedtheirexperienceanddiscussedwhytheelectronicmediaisinaraceforbreakingnewsandaresometimesaccusedofjustpresentingonesideofthestory.The concluding session on Digital
Media - The Power of One was gracedby Mr. Pankaj Pachauri, Editor in Chief,Go News : Ms. Madhu Trehan, Editorin Chief, News Laundry: Mr. M K Venu,FoundingEditor,TheWireandmoderatedbyMr.PradeepBhandari,Founder-CEO&ChiefEditorJanKiBaatMediaCompany.Expertstalkedabouthowdigitalmediahasmovednewsconsumptionfromthebroadsheetandtelevisionscreentothesecondscreen.Mr. Anil Khaitan, President, PHDCCI
in his concluding remarks he looked tomore responsible journalism in India inthefuture.HealsosharedthattheAnnualMediaSummitwouldbearegularfeaturehence-forth and looked forward to thesupportoftheMediaIndustry.
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Digital Media & Concluding Session - Mr. Pradeep Bhandari, Founder-CEO & Chief Editor Jan Ki Baat Media Company ; Mr Anil Khaitan, President, PHDCCI; Mr. Pankaj Pachauri, Editor in Chief, Go News &Mr. M K Venu, Founding Editor, The Wire
Audience Interaction
Elite Speakers from the Media Industry
Digital Media Session - Mr. Pradeep Bhandari, Founder-CEO & Chief Editor Jan Ki Baat Media Company ; Ms. Madhu Trehan, Editor in Chief, News Laundry; Mr. M K Venu, Founding Editor, The Wire & Mr. Pankaj Pachauri, Editor in Chief, Go News
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Delegation to Canada and USA
The North America and CanadaCommittee of PHD Chamberorganizedthefirstevermulti-country,
multi-city and multi-sector delegation toCanadaandUSA, July24-30,2018witha purpose to connect with Canada andUSA markets for business expansion,collaborations, investment and bilateraltradewith both countries. The delegationvisitedTorontoinCanadaandChicagoandLasVegasinUSA.The delegation members were from
SMEs, having varied business interestssuch as – Pharmaceuticals, Healthcare,Renewable Energy, Solar Energy, Electricvehicle batteries, Basmati Rice, Foodprocessing, Food outlets, Organic food,Textiles and garments, Fashion jewellery,Education, Tie-up with university/colleges,IT/ITES,IOT,Tourism,Agriculturemachinery, Handicrafts, Jute, Cotton,Toys,Plasticproducts,etc.
The delegation attended the following meetings:
Canada India Foundation and its members - Mr. Anil Shah, NationalConvener of Canada India Foundation(CIF)andBoardmembersofCanadaIndiaFoundation invited the PHD delegation attheir office in Oakville and also hosted areception. Dr. Ranjeet Mehta, PrincipalDirector, PHD Chamber briefed themembersofCIFaboutPHDChamberandits objectives and business opportunitiesavailable for Canadian businessmen inIndia.
Economic Development Office of City of Brampton - The EconomicDevelopment Office of City of Bramptoninvited the PHD Business delegation andapprised about investment opportunitiesinBramptononkey industrysectorsandoffered their expertise and resources to
support investments from Indian industryinkeysectorssuchasFood&Beverages,Innovation & Technology, Health & LifeSciencesandAdvancedManufacturing.
Hon. Consul General of India - Ambassador Dinesh Bhatia, ConsulGeneralofIndiahostedthePHDBusinessdelegation at his office in Toronto. Headvised about how to do businesswith Canada and what are the availablebusinessprospects for IndiancompaniesinCanada.
Familiarization Tour: Distribution Facility of Deep Foods Inc. -Mr. JaselPatel, Director of Deep Facility Foodswelcomed the delegation in his premisesand interacted with the delegates. Thedelegationalsovisitedhiswarehouse.Heelaboratedonhowhiscompanyorganizessystemized storage and distribution,manages inventory, transportation ofgoods,qualitystandardsincludingstorageoffooditemsinthecoldstorage.
Interactive Session with members of Indo-Canada Chamber of Commerce (ICCC) - Mr. Kanwar Dhanjal, President,Indo-CanadaChamber ofCommerce andMr. Ajay Tandon, Vice President (Events& Programs) welcomed PHD Businessdelegation and organized networkingsessionswithover50members.
Industry Round Table on Strengthening Small & Medium Enterprises -Ms.NeetaBhushan,ConsulGeneralof India,Chicago incollaborationwithUS-IndiaStrategicPartnershipForumorganized an Industry roundtable onstrengthening SMEs on July 26, 2018 atOfficeofCGI,Chicago.Over50companiesfrom Chicago participated at the roundtable.
Meeting with Nevada Governor’s Office of Economic Development (GOED)
- ThedelegationwasinvitedbyEconomicDevelopmentofficeoftheNevadaGovernoronJuly30,2018.Thedelegationmetkeyofficials in the GOED for doing businessandinvestmentopportunitiesinLasVegasandNevadaStateofUS inkey industriessuch as Aerospace & Defense, Health& Medical services, IT, Manufacturing& Logistics, Mining, Natural ResourceTechnologies and Tourism, Gaming andHospitality. It was informed that NevadahasoneofthebesttaxenvironmentsinUSastherearenopersonaltax,nocorporateincome tax, no inventory tax, no unitarytax,nofranchisetax,noestatetaxandnoinheritancetax.
Meeting with Las Vegas Global Economic Alliance (LVGEA) - LVGEAhighlightedthatopportunitiesareavailablein key industries for Services including,Logistics, Manufacturing and SupplyChainManagement,EmergingTechnology,Finance, Banking and Insurance andAutonomoussystems.
Delegation visit to Source Direct at ASD -ThedelegationmembersvisitedtheSourceDirectatASDonJuly29,2018atLasVegasConventionCenterandattendedtheinaugurationofIndiaPavilion.
Chamber Meet & Greet and India Networking Night, Las Vegas -LasVegasIndianChamber ofCommerce (LVICC) incollaboration with Consulate General ofIndia,SanFranciscoorganizeda‘ChamberMeet&GreetandIndiaNetworkingnight’atMintIndia,BistroonJuly30,2018.Themeetwasattendedbyaround60delegatesinadditiontotheIndiandelegation.The delegates expressed optimism
that this visitwill set up a good connectfor future endeavors and establish goodindustrylinkages.
Amb. Dinesh Bhatia, Consul General of India, Toronto receiving PHD memento from Dr. Ranjeet Mehta, Principal Director, PHD Chamber
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PHD Chamber Participation in Source Direct at ASD, Las Vegas
Inauguration of India pavilion at Source Direct- Ms. Karalynn L. Sprouse, Executive Vice President, Merchandise, Int’l Sourcing & Manufacturing Emerald Exposition; Dr. Ranjeet Mehta, Principal Director and Mr. Rakesh Kumar Sangrai, Secretary, PHD Chamber
Certificate of Appreciation awarded to PHD Chamber by Emerald Expositions, LLC
Dr. Ranjeet Mehta, Principal Director and Mr. Rakesh Kumar Sangrai, Secretary ,PHD Chamber with the Source Direct at ASD organizers Emerald Expositions, LLC during inauguration of Exhibition
PHD Chamber organized a NationalLevel Participation from India atthe Source Direct at ASD, July 29-
August1,2018atLasVegasConventionCenter, Las Vegas, USA. More than 550international companies from India,China,Taiwan,Korea,Turkey,HongKong,Guatemala, and Thailand participatedin this four day international trade fair topresentawiderangeofproducts.On July 29, 2018marked the official
opening of the exhibition with a ribboncutting ceremony with performance byTaikodrummers.India Pavilion was one of the largest
national participation at this exhibition
wherein Indiancompaniesofferedawidevarietyofproductsshowcasingartmetalwares, Eco-friendly bags, shopping handbagsof jute, handbagsof cotton, gift&shoppingbags,carrybags,cosmeticandwinebags,stoles,scarves, jewelleryandfootwear,bedspreads/bedsheets,cushioncovers, puffs, readymade garments,ladies fashion apparels, leather bags,leathergoods,home furnishingproducts,herbaldoormats,juteandwoolhandloom
products, coir door mats, personalprotection equipments, furniture foroutdoor,gardenfurniture,rugs&carpets,made up bags; metal furniture items,candle stands; hand embroidered homefurnishings and home decorations; giftsandsouvenirs.PHD Chamber was awarded with a
2018certificateofappreciationinhonourof recognition of outstanding dedicationand valuable role for the success ofSource Direct at ASDMarket Week. TheBuyersappreciatedtherangeoftheIndianproducts.
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India is open for Business and Investment
ICCC Board with the delegation
Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Kanwar Dhanjal, President, ICCC with others
Participants at the event
Dr. Ranjeet Mehta, Principal Director, PHD Chamber addressing the delegates
Indo Canada Chamber of Commercehostedabusinessdelegation ledbyDr.Ranjeet Mehta, Principal Director, PHDChamber for an interactive session withthemembersofICCC.ICCC’s MoU partner PHD Chamber,
is a proactive and dynamic nationalapex chamber, working at the grass-root level with strong national andinternationallinkages.Itactsasacatalystin the promotion of industry, trade andentrepreneurship.Mr. Kanwar Dhanjal, President,
ICCC welcomed the delegation and saidthat time has come to rethink for doingbusinesswithIndiaasatpresent it isnotuptoitsfullpotential.TheIndiandiasporainCanadacanplayaveryrobustroleasabridgebuildertotakethecommercialtiestoadifferentlevel.Canadianentrepreneurscan collaborate and cooperate with theirIndian counterparts in developing tiesin Indian hosiery, education and skilldevelopment, engineering, outsourcingandmanufacturing.Speakingontheoccasion,Dr.Ranjeet
Mehta, Principal Director, PHD Chambersaid that India is the fastest growingeconomy of the world now and is open
forbusiness. India’sgrowth isgeneratingnew opportunities for businesses toinvest in India.Asadevelopingeconomyit needs more power. Indian governmenthas set a target to achieve over 175GW of power through renewable energyresourcesbytheyear2022.Canadadoeshave a robust technology in the sectorwhichcanbehelpful for India.He invited
Canadianentrepreneurstojoinhandswiththeir Indian counterparts and to investin the sectors such as food processing,infrastructure development, cold chainmanagementandhousing.Dr. Mehta invited the ICCC to lead
a delegation in the Punjab InternationalTrade Expo (PITEX). The 13th Editionof Pitex 2018, Signature event of PHDChamber, will be held at Amritsar from
7-11December2018.Mr.SaifullahKhan,ConsulCommercial
assuredalltypesofhelpforthepromotionof trade and commerce ties between thetwocountries. ICCC’sVicePresident,Mr.NareshkumarChavdaandMr.AjayTandon,ICCCDirectors,Mr.AbuBecker,Mr.SanjayBrahmbhatt, Mr. Pranav Patel and Mr.PradyumanJhalawerealsopresentattheceremonyalongwithICCCmembers.
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Interaction with Members of National Association of Commercial High Schools of Japan
Dr. J.P. Gupta, Co-Chairman, International Affairs Committee for ASEAN + China, Japan & South Korea, Mr. Mahendra Rustagi, Co-Chairman, International Affairs Committee for ASEAN + China, Japan & South Korea and Mr. Vivek Seigell, Principal Director, PHD Chamber presenting a memento to Mr. Hiroyuki Nakayama, Chairman, National Association of Commercial High Schools of Japan & Principal, TOKYO DAISAN Commercial High School
Japanese Delegation at PHD Chamber
The International Affairs CommitteeforASEAN+China,Japan&SouthKorea organized an interaction with
Members of National Association ofCommercial High Schools of Japan onAugust 21, 2018 at PHD House, NewDelhi. The 15 member delegation wasledbyMr.HiroyukiNakayama,Chairman,National Association of Commercial HighSchools of Japan & Principal, TOKYODAISANCommercialHighSchool.Dr. J.P. Gupta, Co-chairman,
InternationalAffairsCommittee forASEAN+ China, Japan & South Korea, PHDChamberinhiswelcomeremarksapprisedthedelegationaboutPHDChamberanditsstrong focus onMSMEs.He spoke aboutIndia’semergenceasapreferredinvestmentdestination globally and how it has pavedthewayforJapanesecompaniestoinvestin long-term projects and take on jointventures with Indian companies. He alsospokeaboutthestrongrelationIndiashareswith Japan.With respect to the educationsector,Dr.GuptatalkedaboutthefavourabledemographicdividendIndiapossessesandhowskilledmanpowercouldbeexportedtoJapanandteacherscouldbeimportedfromJapan.Mr. Mahendra Rustagi, Co-chairman,
InternationalAffairsCommittee forASEAN+ China, Japan & South Korea, PHDChamber in his theme address informedthat 100 percent FDI in the educationsector is permitted in India through theautomaticroutesince2002andthesectorhaswitnessed18mergersandacquisition
dealsworthUS$49millionin2017.Healsoinformed that India hasoneof the largestnetworksofhighereducationinstitutionsintheworldand thesegment is expected toincreasetoUS$35.03billionby2025.Mr. Vivek Seigell, Principal Director,
PHDChambern isgaveacomprehensivepresentation about the Chamber. Heexplained that the Chamber functionsthrough its Expert Committees, StateChapter and International Affairs Division.HealsospokeabouttheChamber’ssocio-economic obligations towards the societyand how it is being fulfilled through thefoundationsoftheChamber.Mr. Hiroyuki Nakayama, Chairman,
National Association of Commercial High
Schools of Japan & Principal, TOKYODAISAN Commercial High School in hisaddress informed that the objective is tounderstand the ecosystem of the Indiancommercial schools and to ascertain thescopeofmutualcollaborationbetweenthecommercialhighschoolsofIndiaandJapan.He spoke about India’s high demographicdividend and the propensity of the youthtowards learning IT and other computerskills. He remarked that it is time for thefourth industrial revolution that is makingway for greater cooperation between thetwocountries.Morecooperationissoughtforawin -winsituation thatwill enhancetheeconomiesofIndiaandJapantogether.
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3DPRINTEXPO 2018
Dr. Jatinder Singh, Director, PHD Chamber; Dr. V. Ramgopal Rao, Director, IIT Delhi; Mr. V K Mishra, Co-chairman, Innovation and Industry 4.0 Committee, PHD Chamber and Dr. Pulok Pandey, Professor, IIT Delhi
PHD Chamber partnered with EFS India to organize3DPRINTEXPO-firstofitskindtradeexpoonIndustry4.0, SmartManufacturing, 3DPrinting andAdditive
Manufacturing Technology, August 6-7, 2018 at PragatiMaidan,NewDelhi.Dr. V. Ramgopal Rao, Director, IIT Delhi and Mr. V
K Mishra, Co-chairman, Innovation and Industry 4.0Committee,PHDChamberinauguratedtheevent.Dr.Raohighlightedthesignificanceof3DprintingespeciallyforaneconomylikeIndiaandadvisedthemanufacturingsectorin India toutilize thisrevolutionary technologyforcuttingcosts.Most of the leading companies and Startups in this
segmentinIndiaexhibitedtheirproductsandshowcasedtheir technologies.Novabeans,WorldofLilliputs,ExOne,3D Bazar.in, Rever Industries, Marco Polo, Garuda 3D,Solidspace, Adroitec, AKGEC Skills, CADx Tools &TechnologiesPvt.Ltd.,SagMarks,3IdeaTechnologywereamong the prominent exhibitors. The key feature of theexpowasanexclusivesectionforStartupstoprovidethemaplatformforpromotingtheirproducts.The firstpaneldiscussionon“TheFutureofAdditive
Manufacturing and 3D Printing” was addressed by Dr.PulakM.Pandey,Professor-Mech.Engg.Dept.,IITDelhi;Mr.ShubhamGarg,AutoAbode;Mr.SushilK.Baranwal,
Founder-MorphedoTechnologies(P)Ltd;Mr.SumitDuggal,Co-chairman-StartupCommitteeandDr.JatinderSingh,Director,PHDChamber.Mr. Sanjay Gupta, Country Manager, NXP; Mr. Sandeep Aggarwal,
CEO,ProBizzInc.;Mr.UrveshGoel,Sr.FellowDYZRUPTandDr.JatinderSingh,Director,PHDChamber,werethePanellistsatthePanelDiscussionon“Industry4.0-BenefitsandCreatingHigherIndustrialEfficiency.”More than 3000 business visitors, including delegations from
prestigiousorganizationslikeDRDOvisitedtheexpo.TheeventwassupportedbyIAMF,AMSIandDelhiPrintersAssociation.
Conference on Opportunities in Commodity Derivatives Market
Mr. Virender Mansukhani, Chairman, Northern Region, CPAI; Ms. Shivani Gupta, Deputy Secretary, PHD Chamber; Mr. Narinder Wadhwa, Chairman – Northern Region, Association of National Exchanges Members of India; Mr. B. K. Sabharwal, Chairman, Capital Market and Commodity Market Committee, PHD Chamber; Mr. Sanjay Rawal, President, Commodity Participants Association of India (CPAI); Mr. D. K. Aggarwal, Vice President, PHD Chamber; Mr. Mrugank Paranjape, MD & CEO, Multi Commodity Exchange of India Ltd.; Mr. Ashok Nimbekar, AGM, SEBI; Mr. Rishi Nathany, Head – Business Development & Marketing, Multi Commodity Exchange of India Ltd.; Mr. C P Agarwala, Sr. Member, Capital Market and Commodity Market Committee; Mr. B B Suri, Sr. Member, Capital Market and Commodity Market Committee and Mr. Gaurav Sharma, Vice Chairman, CPAI
The Capital Market and CommodityMarketCommittee of PHDChamberorganized a conference on
‘Opportunities in Commodity DerivativesMarket’onJuly26,2018atPHDHouse,NewDelhi.Mr. B. K. Sabharwal, Chairman,
Capital Market and Commodity MarketCommittee,PHDChamberwasoptimisticthatcommoditymarketwillgrowinfutureandwillhavelargevolumesworldwide.Mr. D. K. Aggarwal, Vice President,
PHD Chamber in his welcome addresshighlighted that India despite being thelargestmanufacturer, is still a price takerandnotpricesetter.Hehighlightedsomeof the major achievements which haveoccurredinthemarketsuchasSEBI-FMCmerger,introductionofGST,Warehousing(Development and Regulation) Act,introduction of options to reduce theCommodities Transaction Tax effect, etc.HeappreciatedthatIndiaisthebestfuturecommodityderivativemarket intheworldand will gain more momentum in the
future.Mr. Sanjay Rawal, President,
Commodity Participants Association ofIndia (CPAI) underlined the proceduresand scenario of trading under differentexchanges in different countries. Hesuggestedthatbringingliquidityinmarketwith more participation will be better fortheIndianeconomy.Mr. Rishi Nathany, Head, Business
Development & Marketing, MultiCommodity Exchange of India Ltd.(MCX) highlighted that equity derivativesmarket has undergone a revolutionarychange after the introduction of options,contributingmore than 80 percent of thetotalvolumeintheequitymarket.Mr. Mrugank Paranjape, MD & CEO,
Multi Commodity Exchange of India Ltd.inhisaddresshopedthatSEBIwillcomeoutwith regulationswhichnotonly takescareofallowingIndiaInfrastructureFund,butwhichwillalsotakecareofthesmallerissues that help Alternative InvestmentFunds to trade. Mr. Narinder Wadhwa,Founder&MD,SKICapital Services Ltd.deliveredtheformalvote-of-thankstotheguests.The session concluded with an
extensive discussion and Q & A sessionwithanoverwhelming response from theparticipants.
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CHAI PE CHARCHA on the Evolving landscape of IBC and MANN KI BAAT from Hon’ble Chairperson, NCLAT
Mr. Sanjeev Ahuja, Co- Chairman, Insolvency and Bankruptcy Committee, PHD Chamber; Mr. D. K. Aggarwal, Vice President, PHD Chamber; Hon’ble Justice Mr. S J Mukhopadhaya, Chairperson, National Company Law Appellate Tribunal; Mr. Anil Khaitan, President, PHD Chamber and Mr. Abhi Narayan Mishra, Principal Director (F&A), PHD Chamber
Mr. Rajesh Samson, Partner, Deloitte; Mr. Ashish Makhija, Managing Partner, AMC Law Firm; Mr. Sunil Pant, CEO, IIIP ICAI; Mr. Sanjeev Ahuja, Co- Chairman, Insolvency and Bankruptcy Committee, PHD Chamber; Mr. D K Aggarwal, Vice President, PHD Chamber; Dr. Mamta Suri, Executive Director, Insolvency and Bankruptcy Board of India (IBBI); Mr. Sanjeev Pandey, Deputy General Manager, State Bank of India; Mr. Aviral Jain, Managing Director, Duff & Phelps and Mr. Abhi Narayan Mishra, Principal Director (F&A), PHD Chamber
The Insolvency and BankruptcyCommitteeofPHDChamberorganizedCHAI PE CHARCHA on the Evolving
landscapeofIBCandMANNKIBAATfromHon’ble Justice, Mr. S J Mukhopadhaya,Chairperson, National Company LawAppellate Tribunal on August 23, 2018 atPHDHouse,NewDelhi.Mr. D. K. Aggarwal, Vice President,
PHD Chamber in his welcome addresshighlightedthatinspiredbyothernations,inanattempttobringtogetherallproceedingsrelated to insolvency under one umbrella,the IBC Code overlooked some of thedomestic issues, which if addressedproperly,wouldresultinanefficientrevivaland certainly enhance the ease of doingbusinessinIndia.Mr. Anil Khaitan, President, PHD
Chamber welcomed the Chief Guest andhighlightedthattheamendmentisexpectedto benefit MSMEs. He stated that thepropositionoftheGovernmenttointroducecross border insolvency wherein lenderscan access overseas assets of stressedcompanies will further strengthen andbolsterIBC.Hon’bleJustice,Mr.SJMukhopadhaya,
Chairperson, National Company LawAppellate Tribunal in his key note addresshighlighted that recently the governmentreviewedtheIBCCodetoaddressteethingtroubles. He explained the amendedprovisions under IBC amendmentCode indetail and stated that it is a positive steptowards the successful implementation ofIBC.Healsodiscussedtheproblemsfacedby Resolution Professionals (RPs) andCorporatesduringtheinsolvency.He highlighted that the first step of
IBCisnottogofor insolvency;rather it isthedutyof all stakeholders to ensure that
corporatedebtorshouldcontinueandthereis a successful resolution. The liquidationis theendstepunder IBCand time is themainessenceof thiscode.Hehighlightedthat as per the time frame, 30 days arerequiredforInterimResolutionProcessandnext 30 days are required for InformationMemorandum and then the margin of 15days are required for intimation of sameto RPs. According to him, from the timelimitof180days,afterremovalofthese75days,still105daysremainwithCOCsandRPstocompletetheprocess.Mr. Sanjeev Ahuja, Co-chairman,
InsolvencyandBankruptcyCommittee,PHDChamberinhisopeningaddressstatedthatwiththepromulgationoftheInsolvencyandBankruptcyCode(IBC),2018,homebuyerswill be recognized as financial creditors.It also laysdownaspecificprocedure foran applicant to withdraw a case after itsadmissionunderIBC,2016.Dr. Mamta Suri, Executive Director,
Insolvency andBankruptcyBoardof India(IBBI) highlighted that the content of IBClaw isnot topunish thedefaultersbut theprocess should move in a manner thatbenefits everyone. She mentioned that
IBBI’sfocus is toupgradetheskillsof IPsandguideIPAsfordoingthesame.Mr.SunilPantCEO,IIIPICAIdiscussed
the role of IPAwhich acts as the agencyof IBBI and is being treated as the firstregulator. IPA also focuses on collectingdataandassisting inconvergingthegoalsand actions of the parties involved in theinsolvencyprocess.Mr. Sanjeev Pandey, Deputy General
Manager, State Bank of India suggestedthat behavioral change is required for theconductofCOCMembers.Mr.AshishMakhija,ManagingPartner,
AMCLawFirmdiscussedindetailthefewsectionsofIBCsuchas29A,12A,etc.Mr.AviralJain,ManagingDirector,Duff
& Phelps talked about the valuation andliquidation under IBC and detailed out theprovisions and procedure required for thesame.Mr. Rajesh Samson, Partner, Deloitte
discussed about issues in real estateCIRP cases and concept of AuthorizedRepresentatives under IBC. He highlightedthe issues under IBC such as BhushanSteels, Amarpali, Lanco, Aircel, BinaniCements,etc.Mr. Abhi Narayan Mishra, Principal
Director (F&A), PHD Chamber moderatedthe session and highlighted that being atime-bound process to resolve cases, theIBC has received praise from the WorldBankandIMFandhascontributedtoIndia’simprovedrankingin2018’s‘EaseofDoingBusiness’by30places.Mr. Sanjeev Ahuja, Co-chairman,
Insolvency and Bankruptcy Committee,PHD Chamber delivered the formal voteof thanks to the guests. The sessionconcluded with an extensive discussionandQ&Asessionwithanoverwhelmingresponsefromtheparticipants.
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Leveraging Technology for Business Growth
Mr. Sanjeev Jain, Founder & Managing Director of TNS Networking Solutions Pvt. Ltd. addressing the delegates
The Young Business Leaders Forum(YBLF) of PHD Chamber organizeda session with Mr. Sanjeev Jain,
TechGuruon ‘LeveragingTechnology forBusinessGrowth’onJuly13,2018atPHDHouse,NewDelhi.Mr. Salil Gupta, Member, YBLF
introducedMr.SanjeevJain,FounderandManaging Director of TNS NetworkingSolutionsPvt.Ltd.whohasan illustriouscareer spanning of over 20 years. TNSNetworkingSolutionsPvt.Ltd.aimstohelpcompanies and individuals, using IT. Mr.GuptaisthePastPresidentofBNI,EmpezarChapterinNewDelhiandPresident,RotaryClubofDelhiImperial.Mr. Sanjeev Jain in his address
mentioned that a simple definition oftechnology is basically the knowledgeand usage of techniques, tools,methodsand systems of an organization withthe aim of solving problems or serving
a particular purpose. He talked about 5steps to success – Organize yourself byusingtoolsavailabletoyou;Organizeyourdata; Organize your business processes;Automate your business processes andConsolidation&Controlling.
Ms. Aditi Pasari, Co-chairperson,YBLF delivered the formal vote-of-thankstotheguests.ThesponsorsfortheeventwereEazyERPLtd.,GulshanPolyolsLtd.,MayarGroupLtd.,JCOGasPipeLtd.andPGIndustryLtd.
Leveraging Technology for Business Growth
Mr. Naveen Seth, Principal Director, PHD Chamber and Mr. Sanjeev Jain, Founder and Managing Director of TNS Networking Solutions Pvt. Ltd.
The Young Business Leaders Forum(YBLF)ofPHDChamberorganizedasessionwithMr. Sanjeev Jain, Tech
Guru on Leveraging Technology for YourBusiness Growth on August 30, 2018at PHD House, New Delhi. The sessionfocused on how technology can beleveragedin improvingorganization’sandindividual’s effectiveness by streamliningtheaccesstodatamanagement.Mr. Sanjeev Jain, Founder and
Managing Director of TNS NetworkingSolutions Pvt. Ltd believes that IT is ameantoanendandnotanenditself.Mr.JainisthePastPresidentofBNI,EmpezarChapterinNewDelhiandPresident,RotaryClubofDelhi,Imperial.Mr.SanjeevJainstatedthattechnology
is basically the knowledge and usage oftechniques, tools, methods and systemsof organizations with the aim of solvingproblemsorservingaparticularpurpose.Hefurthersaidthattrendsarechangingandwill keepchangingso thenatureofworkshould also change. He underlined five
steps to success – Organize yourself byusingtoolsavailabletoyou;Organizeyourdata; Organize your business processes;Automate your business processes andConsolidation&Controlling.Mr. Ashish Chandiok, Member, YBLF
deliveredtheformalvote-of-thanksto theguests.TheSponsorsfortheeventwereEazy
ERP Ltd., Gulshan Polyols Ltd., MayarGroup Ltd., JCO Gas Pipe Ltd. and PGIndustryLtd.
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Conference on City Gas Distribution in India
Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Rajeev Mathur, OSD to CMD, Gail India Ltd. & Chairman, Energy Committee, PHD Chamber; Mr. V. K. Mishra, Director (Finance), Petronet LNG Ltd.; Mr. HPS Arora, Co-chairman, Oil and Gas Committee and Mr. Pawan K. Tibrawalla, Co-Chairman, Oil & Gas Committee, PHD Chamber
Mr. Manek Narang, Associate Director - Corporate Ratings, CARE Rating; Dr Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Rajeev Mathur, OSD to CMD, Gail India Ltd & Chairman, Energy Committee, PHD Chamber; Mr. V K Mishra, Director (Finance), Petronet LNG Ltd; Mr. HPS Arora, Co-Chairman, Oil and Gas Committee, PHD Chamber and Mr. Pawan K. Tibrawalla, Co-Chairman, Oil & Gas Committee, PHD Chamber
Inaugural Session:
Releasing of knowledge report on ‘City gas distribution in India’ prepared by PHD Chamber & CARE Rating
The Oil & Gas Committee of PHDChamberorganizedaconferenceon‘CityGasDistributioninIndia’onJuly
12,2018atPHDHouse,NewDelhi. Theconference was attended by more than120delegates fromdifferent parts of thecountry&was highly appreciated by theIndustry.ChiefGuest,Mr.V.K.Mishra,Director,
(Finance), Petronet LNG Ltd. stated thatleadingoilmarketingcompanies suchasPetronetLNGLtd., IndianOilCorporation,BPCL,etc.havehuddledtogethertoputupclose to twenty LNG stations on variousnationalhighways toprovide forLNG fed
truck transport movement as instructedbythegovernment.Thetendersregardingthe same would be issued for thispurposesoon.Hefurtherclarifiedthatthisassociation of oil marketing companieshave fructified on a pilot project base tofeed roughly 5,000 trucks with LNG onfive national highways, beginning 2019.Following its successful experiment, thisexercisewouldhavearepeatinsubsequentyearof2020foranotherestimated5,000trucks thatcan runonnationalhighwaysonLNGwithafuelcostsavingofnearly25percent aswell as effectively addressingtheissueoffuelpollution.
Mr.RajeevMathur,OSDtoCMD,GailIndiaLtd.&Chairman,EnergyCommittee,PHD Chamber in his address informedthe participants that until EVs becomethe reality of the day, natural gas shouldbeencouragedasabetteralternatefueltofeedthetransportationsectoras itwouldnot only save on costs but also addresstheissueofincreasingvehicularpollution.Mr.HPSArora,Co-chairman,Oil and
Gas Committee, PHD Chamber in hiswelcomeaddressstatedthattheprospectsof theCityGasDistribution (CGD)sectorhaveimprovedinthepastcoupleofyears.Fresh licences have been issued at a
42 | PHD Chamber Bulletin September 2018
CAW
much faster pace. Gas availability hasincreased due to the priority being giventotheCompressedNaturalGas(CNG)andPipedNaturalGas (PNG) segments. Thishasenabledcompaniestocutpricesandregaincompetitiveness.The conference had two technical
sessionswhichwereaddressedbyvariouseminentspeakersbothfromthegovt.andprivate sector. Dignitaries present wereMr. Manek Narang, Associate Director –CorporateRatings,CARERating;Mr.RaviAgarwal, Managing Director, Rajasthan
Technical Session-I: Current Outlook, Policy Perspective & Recent Government Initiatives in CGD Sector
Technical Session-II: Current Challenges & Future Roadmap for CGD Expansion
Mr. Anupam Rungta, Marketing Manager, Shell Energy India; Mr. Vivek Joshi, Executive Director, Natural Gas Society; Mr. Manek Narang, Associate Director – Corporate Ratings, CARE Rating: Mr. Ravi Agarwal, Managing Director, Rajasthan State Gas Ltd: Mr. A. Sankara Narayanan, Dy. General Manager (P)- Regional Marketing, Oil and Natural Gas Corporation (ONGC):: Mr. Nubeel Ansari, Industry Director- Oil & Gas and Utilities, SAP India
Mr. Sanjay Kaul, Managing Director, Sanmarg Projects Pvt. Ltd: Mr. Anurag Sharma, Sr. Manager, Oil and Gas Division, Raychem RPG: Mr. Pawan K. Tibrawalla, Co-Chairman, Oil & Gas Committee, PHD Chamber; Mr. Karan Bhatia, Founder & Managing Director, Luxfer Uttam India Pvt. Ltd.: Mr. Davinder Paul Singh, Additional Manager, Indraprastha Gas Ltd. and Mr Prashant Vasisht, Vice President and Co-Head, Corporate Ratings, ICRA Limited
Participants
StateGasLtd.;Mr.GuhanRadhakrishnan,Chief Marketing Officer, Oil and NaturalGasCorporation(ONGC);Mr.VivekJoshi,Executive Director, Natural Gas Society;Mr.NubeelAnsari,IndustryDirector-Oil&GasandUtilities,SAP India;Mr.AnupamRungta,MarketingManager, Shell EnergyIndia;Mr.SanjayKaul,ManagingDirector,Sanmarg Projects Pvt. Ltd.; Mr. KaranBhatia, Founder & Managing Director,Luxfer Uttam India Pvt. Ltd.; Mr. AnuragSharma,Sr.Manager,OilandGasDivision,RaychemRPG;Mr. Davinder Paul Singh,
AdditionalManager,IndraprasthaGasLtd.andMr. Prashant Vasisht, Vice Presidentand Co-Head, Corporate Ratings, ICRALimited.Mr.PawanK.Tibrawalla,Co-chairman,
Oil & Gas Committee, PHD Chamberdeliveredtheformalvote-of-thanksto theguests.Dr. Ranjeet Mehta, Principal Director,
PHD Chamber gave the concludingremarks.
PHD Chamber Bulletin September 2018 | 43
Membership Drive and Welcoming New Members
Participants
Mr. Debjit Talapatra, Director, PHDCCI; Mr. Padam Dinesh, Co-chair, Membership Desk and Ms. Reefat Rasool, Joint Secretary , Membership Desk
Mr. Padam Dinesh , Co Chair Membership Desk giving out certificates to recently joined member
The Membership Desk of PHDChamber organized a MembershipDrive and welcomed the New
MembersonJuly18,2018atPHDHouse,New Delhi. The theme for the drive was‘BringOneYouKnow.’Mr. Padam Gupta, Co-chairman,
MembershipDesk,PHDChamberissuedmembership certificates and enlightenedtheaudiencewiththefacilitiesandbenefitsofmembership.Mr. Debjit Talapatra, Director,
Membership Desk, PHD Chamber gavea presentation explaining the benefits ofbeingamemberandwhyoneshouldjointhisNationalApexChamber.Ms. Reefat Rasool, Joint Secretary,
MembershipDesk,PHDChamberdeliveredtheformalvote-of-thankstotheguests.
“In every walk of life, you must have leaders. An education in the
spiritual world, in the labor field, in the agricultural
field, we must have leaders.”
Narendra Modi
44 | PHD Chamber Bulletin September 2018
Seminar on Importance of Intellectual Property Rights
Mr. Mithilesh Kumar Joint Secretary, Committee on MSME & Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. D. V. Raju President, Vizakhapatam Chamber of Commerce and Industry; Mr. Oggu Prasad Rao, Deputy Controller of Patents & Designs from Patent Office Chennai of Controller General of Patents, Designs & Trade Marks. Govt. of India; Dr. Mandira Roy, Director, Commercialization and Tech Transfer, Director, Adastra IP and Mr. Sandeep Agarwal, Director, Adastra IP
Participants
PHD Chamber and VizakhapatamChamberofCommerceandIndustry,Visakhapatnam in collaboration
with Office of the Controller General ofPatents,Designs&Trademarks,MinistryofCommerceandIndustry,Govt.ofIndiaorganized a seminar on ‘Importance ofIntellectualPropertyRights’onAugust31,2018atVisakhapatnam,AndhraPradesh.TheobjectivewastopropagateinformationaboutIPRanditsbenefitsforboostingtheeconomicdevelopmentofthecountryandshare technology, innovation and globalbest practices adopted by the developedcountriesandhowitbenefitsthem.Dr. Ranjeet Mehta, Principal Director,
PHD Chamber welcomed Mr. OgguPrasadRao,DeputyController ofPatents
FOCUS STATE : ANDHRA PRADESH
&Designs fromPatentOfficeChennai ofController General of Patents, Designs& Trade Marks. Govt. of India. He alsobriefedaboutPHDChamberastheleadingindustry chamber of India and its pro-activeroleinpolicymaking.Mr.D.V.RajuPresident,Vizakhapatam
Chamber of Commerce and IndustrystatedthatIPRbenefitstoMSMEsmainlyon two fronts: Firstly, how they couldprotect their creations i.e. to protecttheir own intellectual property rights andsecondly,howtoavoidviolatingintellectualpropertyrightsofothers.Furthermore,thisincreased awareness would encourageMSMEstomakebetteruseofIPRsystemand make it an integral part of theirbusinessstrategy.
Mr. Oggu Prasad Rao, DeputyController of Patents & Designs fromPatentOfficeChennaiofControllerGeneralofPatents,Designs&TradeMarks.Govt.ofIndiadiscussedtheterminologyrelatedto IPRs.He explained theworking of theOffice of Controller General of Patents,Designs and Trademarks and how theyare helping people in filing their PropertyRights.Mr.SandeepAggarwal&Dr.Mandira
Roy, Directors, Adastra IP were theresourcepersonsattheevent.Mr. Mithilesh Kumar, Joint Secretary,
Committee on MSME, PHD Chamberdeliveredtheformalvote-of-thanksto theguests.
PHD Chamber Bulletin September 2018 | 45
FOCUS STATE : CHANDIGARH
Workshop on Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana
Mr. Sohan Lal Kansal, President, Haryana State Pharmacy Council, Dr. Sanvariya, Past President, IMA Chandigarh, Dr. D.K. Chopra, Director, Shivalik Institute of Paramedical Technology, Mr. Vivek Seigell, Principal Director, PHD Chamber, Mr. M. P. Singh, Nodal Officer, Punjab Health Systems Corporation and Mr. Amit Kumar, Drug Inspector, Chandigarh
Participants at the Workshop
PHD Chamber with the support ofDepartment of Pharmaceuticals,Ministry of Chemicals & Fertilizers,
GoI organized a workshop on ‘PradhanMantriBhartiya JanAushadhiPariyojana’on July 13, 2018 at Hotel Shivalikview,Chandigarh.The key objective of Jan Aushadhi
Schemeistoprovidequalitymedicinesataffordablepricesandensureitsavailabilityin the country, by ensuring access tomedicines through CPSU supplies andthroughGMPCompliantmanufacturers intheprivatesector.Dr. Sanvariya, Past President, IMA
ChandigarhappreciatedtheeffortsofPHDChamber for conducting workshops onPrandhan Mantri Bhartiya Jan AushadhiScheme and said there is a need forawarenessintheruralareasaboutopeningofJanAushadhiKendras.
Mr.M.P.Singh,NodalOfficer,PunjabHealth Systems Corporation shared hisviews on benefits of the Jan AushadhiScheme.Heexplained indetail about thedifference between generic medicine,brandedmedicine and branded generics.He also talked about the government’sinvolvement to provide quality medicinesataffordablerates.HealsosaidthereisaneedtoopenmoreJanAushadhistoresinthestatesothatpeopleinruralareascanavailaffordablemedicines. Dr. D.K. Chopra, Director, Shivalik
Institute of Paramedical Technologyassured to spread awareness aboutthe Jan Aushadhi Scheme at variouslocations.Heurgedallthedelegatesandyoungentrepreneurs’tocomeforwardandbecomepartoftheJanAushadhiScheme.Dr. Chopra also shared his views aboutpharmacy education system and publicawarenessaboutgenericmedicines.
Mr. Vivek Seigell, Principal Director,PHDChamberalsosharedhisviewsabouttheJanAushadhiSchemeandthankedallthedignitariesanddelegatesforattendingtheworkshop.Mr. Amit Kumar, Drug Inspector,
Chandigarh explained in details aboutthe licensing procedure for opening JanAushadhiKendras.Mr. Sohan Lal Kansal, President,
Haryana State Pharmacy Council alsoshared his views about opening of JanAushadhi stores. He said currently thereare many existing Jan Aushadhi storeswhich are operating in Haryana andservingthepeople.Theworkshopwasattendedbymore
than 70 delegates including doctorsand young entrepreneurs, NGOs andacademicians.
46 | PHD Chamber Bulletin September 2018
Conference on MSME Funding-Empowering India
Ms. Anubha Prasad, GM SIDBI; Dr. HP Kumar, Advisor, PHD Chamber; Mr. Madhav Lal, Former Secretary, MSME & Current Executive Director, ISB, Mohali; Mr. Vipul Goel, Hon’ble Industries & Commerce Minister, Haryana; Mr. Karan Gilhotra, Co-chairman, Punjab Committee, PHDCCI and Brig HPS Bedi, (Retd), Director, PHDCCI
PHDChamberorganizedaconferenceon ‘MSME Funding- EmpoweringIndia’ on August 28, 2018 at PHD
Chamber,Chandigarh.Chief Guest, Mr. Vipul Goel, Minister
of Industries & Commerce, Haryanamentioned that MSME sector is thebackbone of the Indian economy andprovides 80 percent employment to thecountry. Haryana is working dedicatedly
FOCUS STATE : CHANDIGARH
FOCUS STATE : HARYANA
towards strengthening the growth ofMSME sector in the state. He informedthat the Haryana Government is offeringalucrativepolicyfortheindustryandhascreatedasinglewindowsystem tosolvetheproblemsofindustryinHaryana.Ms.RachnaDixit,GM,SIDBIapprised
about the attractive lending rates for theIndustry fromSIDBI. She said that SIDBIcan collaborate with the schemes of
HaryanaGovernmentofgiving5%subsidyon rate of interest and the net rate ofinterest on loans would be negligible fortheindustriesinHaryana.Mr. Madhav Lal, Former Secretary,
MSME shared the Central Governmentpolicies forMSMEs.Hesaid therewasaverygood incentivepolicy for theMSMEsectorbutdue to lackof information, thesectorwasunabletoderivefullbenefit.Mr.H.P.Kumar,FormerChairman,NSIC
and Director, PHDCCI discussed aboutissues like raising of capital and creditforMSMEsandInsolvency&Bankruptcy.HesaidthatNPAsinMSMElendingwerelessascomparedwithlargeindustryandfundingshouldbeextendedtoMSMEsaswasinthecaseoflargeindustry.OtherdignitariespresentwereGeneral
ManagersofBankofIndia,PanjabNationalBank, Punjab and Sind Bank, AllahabadBank, Central Bank of India amongstothers.Mr. Karan Gilhotra, Co-chairman,
Punjab Committee, PHD Chamberdeliveredtheformalvote-of-thankstotheguests.
PHD Chamber in association withthe Bureau of Indian StandardsorganizedanAwarenessProgramon
Standardization for Electrical Appliancesand other mandatory Electrical Productson September 7, 2018 at Sonipat,Haryana.Theaimof theprogramwas tomotivate the industrialists toget ISImarkfortheirproducts.Mr.RoshalLal,HeadHaryanaBranch
Office,BISmentionedthattheobjectiveisto make the manufacturers aware abouttheprocessandproceduretogetISImarkfortheirproducts.Mr.KushSharma,ScientistC,BISinhis
presentationapprisedabouttheprocessoftakingISImarkfortheelectricalappliancesand other mandatory electrical productsfalling under the category. He also gaveinformationaboutthefeestructurewhichamanufacturerneedstopaytogetalicense.Mr. Rymth Suresh, Scientist B, BIS
Awareness Program on Standardization for Electrical Appliances and other mandatory Electrical Products
talkedabouttherealtimechallengesbeingfaced by manufacturers and discussedprospectivesolutionsforthesame.HealsomentionedtherecentchangeinguidelinespertainingtoLicensees.Mr. Gurdarshan Aggarwal, Deputy
Resident Director, PHD Chamber in hisaddress talked about the activities andprograms done by PHD Chamber in
Haryanaandotherstates.HesaidSonipatand Kundli Industry may share theirconcernsand issuesof the industrywithPHDChamber.TheChamberwillrepresentthe issues to competent governmentauthoritiesandseeksolutions.Mr. Manish Kumar, Scientist D, BIS
deliveredtheformalvote-of-thanksto theguests.
Mr. Kush Sharma, Scientist C, BIS; Mr. Gurdarshan Aggarwal, Deputy Resident Director, PHD Chamber; Mr. Roshan Lal, HEAD HRBO, BIS and Mr. Manish Kumar, Scientist D, BIS
PHD Chamber Bulletin September 2018 | 47
FOCUS STATE : JAMMU & KASHMIR
PHD Chamber, Kashmir Chapter heldan interactive meeting with Mr.Khurshid Ganai, Hon’ble Advisor to
Governor on August 1, 2018 at Srinagarfor the advocacy of various issues andagendasrelated toTradeandCommerce,Tourism, Education, Revenue, SocialWelfare, Agriculture, Horticulture/Floriculture, Animal/Sheep Husbandry,Transport,Hajj&AuqafandPublicWorks,PHE/Irrigation&FloodControl.Thedelegationsoughttheintervention
oftheHon’bleAdvisorforimplementationregardingtheBudgetAnnouncement2018-19fortreatingHotels&ResortsatparwiththeIndustriesforPaymentofPowerTariffand requested for reimbursement ofGSTto theHotels,Restaurants,Banquets andTravel Companies of J&K. The Chamberalso suggested that the registration forPrivate Schools should be made easierwith Permanent “One-Time Registration”through online process & requested thattheEducationCommitteeofPHDChamberJ&KshouldbetakenonboardforframingtheDraftEducationPolicyofJ&K.
APHD Chamber Kashmir Chapterdelegation headed by Mr. MushtaqAhmed Chaya held an interactive
session with Mr. Bharat Bhushan Vyas(IAS)AdvisortoHon’bleGovernorofJ&KonJuly30,2018atSrinagar.The delegation comprised of Mr.
ShowketChowdhary,Mr.JanMuhammadKaul, Mr.Vicky Shaw, Mr. Tariq RashidGhani,Mr.BilalAhmedKawoosaandMr.Mukhtar Ahmed Shah, Chairmen, StateExpert Committee of PHDCCI Kashmir.The highlights of the meeting were theimplementation of government order forHotelPowerTariffs,reimbursementofGSTforHotelIndustry,exemptionofGSTRatesfor Handicrafts (including Carpet), andHandloom&Dryfruits,reimbursementonthe pattern of North East Industry Policypackage of GOI for J&K, introduction of30%ofStateCapital InvestmentIncentiveonland,factory,shedandbuilding&3%Interest Subsidy onworking capital loan.The Chamber also advocated for thepromotion of the Tourism Sector of J&Kwith introduction of long-term financialsupport.
Meeting with Advisor to Hon’ble Governor,Government of J&K
Interactive Session with Advisor to J&K Governor
PHD Chamber also advocated forimplementation of various Governmentschemes for sectors such as the ICDSProgramme for Supply of NutritionalItems, Universal and Non ContributoryOld Age Pension System, Digital IndiaLandRecordsModernizationProgramme,
Furthermore, the delegation stressedontheriseofsicknessofIndustryinJ&Kandtheneedtoidentifythesesickunitsonpriority basis and sought implementationof schemes such as National Handicraft
e-StampingandimplementationofvariousFarmer Producer Organization (FPO)Programs.TheHon’bleAdvisordirectedSecretary
TourismandDirectorTourismforresolvingthepowertariffsissueofHotels&Resortsimmediately.
& Handloom Programme, NationalManufacturing Policy in MSME Sectorof J&K & implementation of NationalHandloomReservationAct.
Mr. Mukhtar Ahmed Shah, Chairman, State Expert Committee; Mr. Baldev Singh Raina, Co-Chairman, PHD Chamber, Kashmir; Mr. Showket Choudhary, Chairman, State Expert Committee; Mr. Taraq Rashid Ghani, Chairman, State Expert Committee; Mr. Mushtaq Ahmed Chaya, Chairman, PHD Chamber, Kashmir; Mr. Jan Mohd. Kaul, Chairman, Expert State Committee; PHD Chamber, Kashmir; Mr. Khurshid Ganai (IAS),Hon’ble Advisor to Governor, J & K Govt.; Mr. Tasaduq Jeelani (KAS), Director, Tourism Kashmir and Mr. Rigzin Samphel, IAS, Secretary, Tourism, J & K Government
Mr. Showket Choudhary, Chairman, State Expert Committee, Mr. Mushtaq Ahmed Chaya, Chairman, PHD Chamber, Kashmir and Mr. BB Viyas (IAS) Advisor to Governor, J&K
48 | PHD Chamber Bulletin September 2018
Meeting with Chief Secretary, Government ofJammu & Kashmir
Mr. Vicky Shaw, Chairman, Tourism State Expert Committee, PHDCCI, Kashmir; Mr. Tariq Rashid Ghani, Chairman, Sports State Expert Committee, PHDCCI, Kashmir; Mr. Mushtaq Ahmed Chaya, Chairman, PHDCCI, Kashmir; Mr. B.V.R Subrahmanyam, Chief Secretary, J&K Govt.; Mr. Showket Chowdhary, Chairman, Education Expert Committee, PHDCCI, Kashmir and Mr. Bilal Ahmed Kawoosa, Chairman, MSME& Industry Expert Committee, PHDCCI, Kashmir
APHDChamberdelegationledbyMr.Mushtaq Ahmed Chaya, Chairman,Kashmir Chapter organized an
interactive meeting with Mr. B. V. R.Subrahmanyam, IAS, Chief Secretary,
FOCUS STATE : JAMMU & KASHMIR
Government of Jammu & Kashmir onSeptember 7, 2018 at Civil Secretariat,Srinagar.Themeetingdiscussedtheissuespertaining to Tourism, Trade, Education,Industry & Commerce and other sectors
oftheState.The delegation of PHD Chamber
extended gratitude to Chief Secretary forincluding PHDCCI Kashmir as aMemberinIndustryAdvisoryCommittee,thereafterthe delegation sought the interventionpertaining to the non-implementation ofBudget announcements especially theGovernmentOrderofFinanceDepartmentfortreatingHotelsandResortsatparwithindustry for Payment of Power Tariff andreimbursement of GST to Hotels underMSME Act at par with other Industries.The delegation also sought interventionin different issues of Industries andCommerce and Education sector. Adetailed representation was submittedwhere issues and suggestions of everysectorofstateeconomywassubmitted.Mr. B. V. R. Subrahmanyam, Chief
Secretarytalkedabouthisplanandsharedhisvision.Hefurtherassuredthathewillactandwilldobest in the interestof theState.
PHD Chamber Bulletin September 2018 | 49
50 | PHD Chamber Bulletin September 2018
FOCUS STATE : MADHYA PRADESH
Interaction with Corporate Leaders forEstablishment of Global Skill Park at Bhopal
Mr. R G Dwivedi, Regional Director, MP and Mr. Subhash Vithaldas, Chairman, MP Committee, PHD Chamber; Mr. Sanjeev Singh, (IAS), Director, Skill Development, Govt. of MP; Mr. Mukesh Sharma, CEO, CRISP, Bhopal and Mr. Ashok Barnwal, (IAS), PS Technical Education & Skill Development, Govt. of MP
An interaction was convened byMr. Ashok Barnwal, IAS, PrincipalSecretary to Chief Minister, Govt.
of MP & Technical Education, SkillDevelopment and Employment, Govt ofMP regarding corporate participation inskilling of manpower in the proposedGlobal Skill Park on July 28, 2018 atCRISP(CentreforResearchandIndustrial
StaffPerformance)amemberorganisationofPHDCCI.Mr. Mukesh Sharma CEO, CRSIP
gave a presentation on the proposedGlobal Skill Park to strengthen linkagesand cooperation with industries throughpartnerships.Mr.SanjeevSingh(IAS),DirectorSkill
Development, Govt of MP said that theproposed parkwill benefit both youth aswell as the industry and underlined theneed for skilling and urged industries tobecomeapartnerinthisendeavour.Mr.SubhashVithaldas,Chairman,MP
CommitteeandMr.RGDwivediRegionalDirector,PHDChamberopinedthatprivatesectormayinvestintheparkbyprovidingtheirmachineryandequipmentsprovidedthat the trained manpower will be ofexcellentqualityasperthetechnicalneedsoftheindustry.Mr. Ashok Barnwal, PS Technical
Education & Skill Development, Govt ofMP chaired the session. Others presentincluded Mr Rajesh Purushottam AGMTVSMotorLtdTamilNadu;representativesof Eicher Motors; Mr Deepak MehrotraLabtechInternationalLtdGurugram;Mohd.VaizullahSharieffRegionalDirector,Lucas-Nolle Dubai and Mr. Konwar Shamsher,Head Foundation Jaquar Foundation,Maneshar.Mr. Mukesh Sharma, CEO, CRISP
proposed a hearty vote-of-thanks to theparticipants.
A Talk on Vedas & Modern Management-From Emotional to Spiritual Quotient
Mr. Subhash Vithaldas, Chairman, MP Committee, PHDCCI & Director, Permali Wallace Ltd. Bhopal, Mr. Ashish Tripathi, Dean Management, Vellore Institute of Technology Bhopal; Mr. Vishwas Ghuse, Secretary, Bhopal Management Association and Mr. R. G. Dwivedi, Regional Director, PHDCCI, MP
PHDChamber inassociationwith theBhopal Management AssociationorganizedatalkonVedas&Modern
Management-FromEmotional toSpiritualQuotient’onAugust27,2018atBhopal.Mr.VishwasGhuse,Secretary,Bhopal
Management Association described thephilosophyofVedaswhichisthebaseformodernmanagement.Mr. R. G. Dwivedi, Regional Director,
PHD Chamber, Madhya Pradesh statedthat Vedas andUpanishads are the greatsource of modern day management. HedeliberatedthattherearefourVedaswhichwere transmitted orally from generation-to-generation called Shruti which meanslistening.Mr. Ashish Tripathi, Dean,
Management of Vellore Institute ofTechnology gave a detailed presentationonVedasManagement.HealsospokeonvarioustopicssuchasSelf-Management,
Relationship Management, LeadershipManagement, Cosmic and SpiritualManagement.FocusingontheimportanceofVedasinmanagement,Mr. Subhash Vithaldas, Chairman,
MP Committee, PHDCCI chaired the
program while Mr. G. K. Chhibar,Executive Committee Member of BhopalManagement Association moderated theprogram.Ms. Ekta Ranjan, Member, PHDCCI
deliveredtheformalvote-of-thanksto theguests.
PHD Chamber Bulletin September 2018 | 51
FOCUS STATE : MADHYA PRADESH
Core Committee Meeting For Better Employability of Management Graduates
MoU between CIAC- PHDCCI (MP Chapter) and HRware Consulting Services
Mr Praveen Acharya Center Director Center for Industry-Academia Collaboration (CIAC); Mr R G Dwivedi Regional Director PHDCCI MP Committee; Dr Virendra Kumar Director Technical Education Govt of MP; Dr Sangita Shukla VC of Jeevaji University Gwalior; Mr. B P Maheshwari Law Officer Raj Bhavan Bhopal; Ms Anandi Ben Patel Hon’ble Governor Madhya Pradesh; Ms Rupali Bajaj, VNS College Bhopal and Dr Mahesh Chansoria from LNCT Group and PRO Governor
Dr. Ranjan Kumar, Chief Project Officer, CRISP Bhopal; Mr. Praveen Acharya, Center Director, CIAC; Mr. Subhash Vithaldas, Chairman, MP Committee, PHD Chamber; Mr. Shahzad Khan, Managing Director, HRware Consultancy Services and Mr. R.G.Dwivedi, Regional Director, MP Chapter, PHD Chamber
Lower employability of graduatingstudents has been a cause ofmajorconcernforbothAcademicInstitutions
as well as Industries. Factors which areresponsible for poor employment rangefromlowerornoentry level restriction tolackofpracticalexposuretothestudents.Inthiscontext,whilerevisingtheSyllabusfor MBA courses for the state, on theinstance of The Hon’ble Governor ofMadhyaPradesh,MPCommittee of PHDChamber was asked to give inputs withregard to expectation of industry fromsuch courses in order to enhance theemployabilityofthestudents.Ameetingofthiscorecommitteewas
organizedonAugust6,2018atGovernor’sOffice,Bhopalunder theChairmanshipofHon’bleGovernorofMadhyaPradesh,Ms.Anandiben Patel, whichwas attended byVice Chancellors of Universities, OfficersfromDepartment ofTechnicalEducationandMBAfacultyMembers.FromIndustriesside,Mr.R.G.Dwivedi, RegionalDirector
In order to bring inworld class domainexpertise to the educational institutionsand industries of the State in the fieldof Innovation & Creativity, Leadership,Strategic Management and EmployabilitySkills,theCentreforIndustry&AcademiaCollaboration (CIAC), promoted by PHDChamber– Madhya Pradesh Chaptersigned a MoU with HRware ConsultingServices, an international consultancyorganization,basedatSharjah,UAE.TheMoU was signed on August 14,
2018 by Mr. Praveen Acharya, CenterDirector, CIAC and Mr. Shahzad Khan,Managing Director, HRware ConsultancyServicesinthepresenceofMr.SubhashVithaldas, Chairman, MP Chapter andMr.R.G.Dwivedi, Regional Director,MPChapter,PHDChamber.Under this MoU, CIAC & HRware
will jointly undertake appropriate traininginterventions for capacity building ofinstitutions and agencies involved in
MPPHDCCI;Mr.PraveenAcharya,CenterDirector, Center for Industry AcademiaCollaboration and Dr Mukesh ChansoriafromLNCTGroupBhopalparticipated.Thesuggestionsincludedmoreemphasisand
industrialpromotionanddevelopmentwith
longerdurationforpracticaltraining,needfor regular knowledge sharing betweenIndustryandAcademicInstitutions,sectorspecific courses and representation ofIndustrialistsontheUniversitiesBoard.
focusonimprovingemploymentscenario.
52 | PHD Chamber Bulletin September 2018
FOCUS STATE : MADHYA PRADESH
State Chapter Launch by Chief Guest, Mr. Vishwas Sarang, Minister (Independent Charge) Co-operation, Panchayat & Rural Development, Govt. of MP
EC Members (MP State chapter) with Chief Guest and President, PHD Chamber at the Launch Ceremony
Report on Formal Launch of MP State Chapter & Members Meet
Mr. Vivek Seigell Principal Director PHDCCI; Dr. Mahesh Reddy, SG-Designate, PHD Chamber, Mr. Anil Khaitan, President, PHD Chamber; Mr. Vishwas Sarang Minister (Independent Charge) Co-operation, Panchayat & Rural Development, Govt of MP and Mr. Subhash Vithaldas, Chairman, MP Committee PHD Chamber
PHD Chamber organized a ‘FormalLaunch of Madhya Pradesh StateChapter and Members Meet’ on
August 7, 2018, in Hotel CourtyardMarriott,Bhopal.Mr. Anil Khaitan, President, PHD
Chamber stated that recently PHDChamber signed MoUs with differentcountries for creating a global businessenvironmentforIndianindustries.Healsoadded, that for the facilitationofMSMEs,the Chamber signed a MoU with ratingagencySMERA tohelpentrepreneursgetfinancialassistancefromBanksorNBFCs.Healsoadded thatSMERAhas launcheda web portal for MSMEs to provide allschemesunderoneumbrella.Chief Guest, Mr. Vishwas Sarang,
Minister (Independent Charge) Co-operation,Panchayat&RuralDevelopment,Govt. of MP mentioned that PHDCCI isthe oldest Chamber of Industry and hasits presence at national and internationallevel, hence it is a matter of pride tohave the StateChapterwhichwill enableMSMEs and Industries in MP to interactwith each other and with Government ina more effective manner. He stated thatIndustry Chambers play a crucial role inpolicydecisionsforIndustriesintheState.Mr.SarangalsolaudedPHDChamberforits activities towards the development ofindustriesinthestate.Mr.SubhashVithaldas,Chairman,MP
CommitteesaidthattheChamberisawareaboutthepotentialofthestateandintendstobringinnewideastodevelopthestate.Mr. Vivek Seigell, Principal Director,
PHDChambergaveadetailedpresentationonPHDChamberandbenefitsofbecominga member of the Chamber. He informedthat the Chamber operates through itsExpert and State Committees and TaskForcesonvariousimportantsubjectswhoorganize regularmeetingswithMinisters,Secretaries, Higher Authorities ofGovernment in theCentreandtheStates.He further said Chamber also representsindustriesinvariousGovernmentForums,Advisory Committees and Councils as
wellasprovidesconsultancyinpolicyanddecisionmaking.Dr. Mahesh Reddy, SG-Designate,
PHDChamber, NewDelhi interactedwiththe industry and business communityand invited them to associate with theChamber.Mr. R. G. Dwivedi, Regional Director,
PHD Chamber, MP delivered the formalvote-of-thankstotheguests.
PHD Chamber Bulletin September 2018 | 53
FOCUS STATE : NER
Seminar on Importance of Energy Efficiency in MSMEs
Ms. Anju Bajaj, Chairperson, MSME Committee & Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Tapon Kr. Gogoi, Hon’ble Minister of Power (Independent), Mr. S.K. Hazarika, Dy. Resident Director, NER, PHD Chamber and Mr. Manoj Kr. Das, Chairman, NER Committee, PHD Chamber
Dr. Ranjeet Mehta, Principal Director, PHD Chamber; Mr. Tapon Kr. Gogoi, Hon’ble Minister of Power (Independent) and Mr. Manoj Kr. Das, Chairman, NER Committee, PHD Chamber
PHD Chamber with support of SmallIndustriesDevelopmentBankofIndia(SIDBI)andNationalSmallIndustries
Corporation (NSIC) organised a seminaron ‘Importance of Energy Efficiency forMSMEs’onJuly19,2018atConferenceHall, NEDFi Convention Centre, Dispur,Guwahati,Assam.Inhisintroductoryremarks,Dr.Ranjeet
Mehta, Principal Director, PHD Chamberhighlighted the need to strengthen theMSMEs and the need to reduce energyconsumption without compromising onthequalitytocompeteinthemarket.In her welcome address, Ms. Anju
Bajaj, Chairperson, MSME Committee,PHD Chamber stated that MSMEs havebeenneglecting themselves,especially inthe field of energy cost savings. Energysaved is the energy paid has been hermotto. She also stated that energyefficiency is a very crucial tactic in thefight against climate change. She urgedindustries to upgrade the technology oftheirmachinesfromtime-to-time. Chief Guest, Mr. Tapan Kr. Gogoi,
Hon’ble Minister, Power (Independent),PWD (Assist Cabinet Minister as Mos),Govt. of Assam, discussed the varioussteps the state government is takingregarding energy efficiency by focussingmoreonrenewablesourcesofenergy.Heapprised that the State government hascomeupwithaschemeinwhichtheywillsupply freeLEDbulbs tonearly52 lakhshouseholds in thestate,4LEDs foreachhousehold,tocutthepowerconsumption.He lastly stated that people should bemade aware about what electrical itemsshouldbeusedtosaveenergy.Mr.RanendraSarma,GeneralManager,
NorthEasternElectricPowerCorporationLtd., stated that the major contributor ofenergy in the country comes from coalbased plants, which is roughly 57% ofthe total energy produced in the country.Renewable sources like solar, wind,biomass,etcarecontributingaround20%,whereashydroelectricsourceisproducingaround13%of the totalenergyproducedin the country. He further stated that thegovernment has committed 175 GW ofrenewableenergytobeproducedby2022and by 2030 emission intensity is to bereducedby33-35%over2005level.Mr.M.Sreenivasulu,Director,MSME-
DIGuwahati,gaveabriefdescriptionandhistory about the MSME-DI, Guwahati,whichwasestablishedintheyear1958.Hementionedthefourimportantcomponents
of successful and sustainable MSMEdevelopment - Technology up-gradation,QualityImprovement,MarketDevelopmentandCreationofcommonfacilities.Healsostatedthatcapacitybuildingofenterprisesshouldbeencouraged.Healso focussedon the project of theMinistry ofMSMEsregarding energy efficiency technologyforteaclusterinJorhatdistrictofAssam.TheMinistryofMSMEshasprovided theAssamGovernmentwithRs100crorefordevelopmentof16IndustrialEstatesinthestate.Ms.KanchanZutshi,Secretary,PHD
Chamber of Commerce and Industry inhervote-ofthankstotheguestsurgedtheMSMEstoregister themselvesfreeat theGeMportal.Mr. Manoj Kr. Das, Chairman, NER
Committee,PHDChamberhighlightedtheneed and advantagesof using renewablesources of energy instead of traditionalones. He hoped that by 2030 we wouldbehavingacleanerworldandcompletelyshiftfromfossilfuelstorenewableones.
Mr. Madhurya Mahanta, Engineer,Energy Efficiency Services Limited gavea brief presentation on the facilities andschemesforpowerefficiencyprovidedbyEnergyEfficiencyServicesLimited.Mr. K. M. Deka, Deputy General
Manager, Small Industries DevelopmentBank of India (SIDBI), gave a briefpresentationon the schemesprovided toMSMEsbySIDBI.Mr.VinodVyas,SeniorBranchManager,
National Small Industries Corporation(NSIC), gave a brief presentation on theschemesprovidedbyNSIC.Mr. S.K. Hazarika, Dy. Resident
Director, NER, PHD Chamber, urged thebusinessmen and the entrepreneurs ofthe region to shift to renewable energyand stressed the need to take up Govt.schemesavailable.Mr. Bhaskar J Gogoi, Co-chairman,
PHDChamber,NERCommittee,concludedthe program by requesting entrepreneursto avail the assistance provided by theGovernmentofIndia.
54 | PHD Chamber Bulletin September 2018
Participants
Seminar on Importance of Intellectual Property Rights
Mr. John Elias Gomar, Chief Coordinator, Next Venture Council, Technology Incubation Centre - IIT Guwahati; Ms. Anju Bajaj, Chairperson, MSME Committee and Dr. Ranjeet Mehta, Principal Director, PHD Chamber, Dr. S.K. Samantaray, Assistant Controller of Patents and Design, Kolkota Office of Controller General of Patents, Designs & Trade Marks; Ms. Kanchan Zutshi, Secretary, Committee on MSME, PHD Chamber; Dr. Mandira Roy Director-commercialisation and Tech transfer, Director, Adastra IP; Mr S.K. Hazarika, Deputy Resident Director (NER), PHD Chamber and Mr. Vivek Dahiya, Boudhik IP Director & Principal Associate at Groverlaw
PHD Chamber in collaboration withOffice of the Controller General ofPatents, Designs & Trade Marks,
Ministry of Commerce and Industryorganized an awareness seminar on“ImportanceofIntellectualpropertyRights”on July 20, 2018 at IITG-TechnologyIncubation Centre, Technology Complex,IITGuwahati,Assam.Theobjectiveoftheseminar was to disseminate informationabout IPR and its benefits for boostingeconomic developments of the countryand share technology, innovation andglobal best practices adopted by thedeveloped countries and how it benefitsthem.Dr. Ranjeet Mehta, Principal Director,
PHD Chamber in his welcome addressapprised about PHD Chamber and alsobriefed about the the importance of IPRin today’sworld and how itwill help theincubatorsgrowinthefuture.Mr.JohnEliasGomar,ChiefCoordinator,
Next Venture Council, TechnologyIncubationCentre-IITGuwahatistatedthatthepurposeofIITG-TICistoincubateandmaterialize the conceptual ideas amongthe students and facultymembers of theIndian Institute of Technology, Guwahati(IITG)andtransformtheseideasintovalueaddedproductsinthecommercialmarket.IITG-TICwill nurture nascent ventures byprovidingworkspaceandshared facilitiesalongwithfocusedcounselling.Hefurthermentioned that the entrepreneurs willreceive value added support and accessto critical tools, information, education,contacts,resourcesandcapitalintheformofsoftloan.Dr. S.K. Samantaray, Assistant
ControllerofPatentsandDesign,Kolkota
Office of Controller General of Patents,Designs & Trade Marks describedthe terminology related to IPRs. Heexplained the working of the Office ofController General of Patents, DesignsandTrademarksandhowtheyarehelpingpeopleinfilingfortheirPropertyrights.Ms. Anju Bajaj, Chairperson, MSME
Committee, PHD Chamber explainedthat IPR benefits MSMEs on two fronts.Firstly, how they could protect their ownintellectual property rights and secondly,howtoavoidviolatingintellectualpropertyrights of others. Furthermore, thisincreased awareness would encourageMSMEs to make better use of the IPRsystemandmakeitanintegralpartoftheirbusinessstrategy.During the technical session, Mr.
Vivek Dahiya, Boudhik IP Director spokeabout the Concept of IPR and How toidentify&createIPRs.Healsodiscussedand illustrated the methods/proceduresof registering Intellectual Property and
gaveabrief overviewofTrademarksandCopyrightsinIndia.HeurgedtheacademiatotakemaximumbenefitoftheIntellectualPropertyRights.Dr. Mandira Roy Director-
Commercialization and Tech Transfer,Director,AdastraIPdiscussedthelegalitiesinvolved incaseof infringementandhowthelawcansafeguardorpenalizepeople.She extensively explained the aspects oftrademarks and copyrights that a personshould keep inmindwhile filing for his /herrights.ShealsocoveredtheCommercialization
issue faced by the Academia during thetechnical session. She opined that theAcademianeeds tobeproactive in termsof filing the IntellectualPropertyandalsocommercializing them tomotivate otherstofollow.Ms. Kanchan Zutshi, Secretary, PHD
Chamber, delivered the vote-of-thanks totheguests.
FOCUS STATE : NER
PHD Chamber Bulletin September 2018 | 55
FOCUS STATE : PUNJAB
Interactive session on Recent Developments & Practical Issues under GST
Chief Guest, Mr. Yogendra Garg, Additional Director General GST, New Delhi addressing the participants. Also seen : CA Vishal Garg; Mr. Krishan Arora, Partner-Grant Thornton India LLP; Mr. Upkar Singh Ahuja, Convenor-Ludhiana Chapter, Punjab Committee, PHD Chamber; Mr. Ashutosh Barnwal, Commissioner Ludhiana, GST Commissionerate Ludhiana; Advocate Pawan Kumar Pahwa, Chairman, Punjab State Taxation Committee, PHD Chamber & Partner, Panacea Legal Services, Chandigarh; Mr. Pawan Garg, DETC Ludhiana, Department of Excise and Taxation ; Mr. Praveen Kashyap, Director, Grant Thornton India LLP and CMA Rakesh Bhalla Chief General Manager, SML ISUZU India Ltd.
PHDChamberinassociationwithICSI,ICMAI Ludhiana Chapter and CICUorganized an interactive session
on August 9, 2018 at Hotel Park Plaza,Ludhiana.Whilewelcomingtheguests,Advocate
Pawan Kumar Pahwa, Chairman, PunjabState Taxation Committee, PHDChamber& Partner, Panacea Legal Services,Chandigarh stated that the governmenthas continued with its efforts to remedyanydifficultybeing facedby the industryunder the New GST regime, by issuingclarificationsandamendmentsfromtime-to-time.Chief Guest, Mr. Yogendra Garg,
Additional Director-General GST, NewDelhi lauded the Trade and Industry inPunjab for embracing GST and statedthat compliance levels and return filingpercentage continues to be high for theStateofPunjab.HeassuredthatwhateverissuesarebeingfacedbythetradersandexporterswillbetakenupwiththeCouncilforproperredressalandwayforward.Mr. Krishan Arora, Partner-Grant
ThorntonIndiaLLPinhisoverviewonGSTsaid the practical challenges being facedby the industry such as anti-profiteering
and e-way bill shifts the focus on to thecomplianceandadministrativeglitches intheGSTlaw.TheGovernmentneedstolaybetter emphasis on making GST simpleand industriesneedaproactiveapproachtowards annual return andGST audit, headded.CMA Rakesh Bhalla, Chief General
Manager,SML ISUZU IndiaLtdpresentedthe challenges faced in GST Audits and
industry’spreparednessforthesame.Mr. Upkar Singh Ahuja, Convenor-
LudhianaChapter,PunjabCommittee,PHDChamber delivered the vote-of-thanks totheguests.More than 150 industry members
and professionals from in and aroundLudhianaattendedandbenefitedfromtheprogramme.
Participants
56 | PHD Chamber Bulletin September 2018
FOCUS STATE : PUNJAB
Workshop on Pradhan Mantri Bhartiya JanAushadhi Pariyojana
Mr. Vivek Seigell, Principal Director, PHD Chamber, Mr. Ravi Rathod, Deputy Secretary, PHD Chamber; Mr. Kulvinder Singh, Zonal Licensing Authority, Punjab; Mr. Sachin Kumar Singh, I.R.S, Chief Executive Officer, BPPI, Mr. Sanjay Suri, Department of Pharmaceuticals, Govt. of India and Mr. Jasdeep Singh Makkar, Executive Officer, Amritsar office, PHD Chamber
Session II
PHD Chamber with the support ofDepartment of Pharmaceuticals,Ministry of Chemicals & Fertilizers,
GoI organized a workshop on ‘PradhanMantri Bhartiya JanAushadhi Pariyojana’on July 12, 2018 at Hotel Radisson Blu,Amritsar.The key objective of Jan Aushadhi
Schemeistoprovidequalitymedicinesataffordablepriceandensure itsavailabilityin the country, by ensuring, access tomedicinesthroughtheCPSUsuppliesandthroughGMPCompliantmanufacturers intheprivatesector.Mr. Sanjay Suri, Department of
Pharmaceuticals, thanked PHD Chamberfor organizing the workshop on PradhanMantri Bhartiya Jan Aushadhi Pariyojanafor creating awareness.He informed thatIndiahasmorethan10,000manufacturingunits, about 1400 WHO GMP compliantplants, 700 USFDA approved plants,250 EDQMA approved plants and out oftop 20 generic medicine manufacturingcompanies,8arefromIndia.Indiaexports35%ofgenericmedicinestoUSA.Mr. Kulvinder Singh, Zonal Licensing
Authority, Punjab assured full supportfrom the government to promote the JanAushadhi Scheme as well as in openingupofJanAushadhiKendrastochemists.He also talked about the availability ofmedicines, JanAushadhi store licensesin rural areas of Punjab and distance tomaintain for opening a new store in the
same city. He also suggested that thegovernment should open Jan Aushadhistoresingovernmenthospitals.Mr. Sachin Kumar Singh, IRS, Chief
Executive Officer, BPPI said that BPPIhas constant focus on the bettermentof Jan Aushadhi Stores and have beenworking on state-of-the-art supply chainmanagement policy to ensure drugavailability in every JanAushadhi Store.He apprised that there are around 3730JanAushadhi stores currently running inallstatesandalsotalkedabout“NewStoreExpansionStrategy”anaimtoexpanditspresence in all 717 districts. He detailedthe process of medicine availability and
thephasesthroughwhicheachandeverymedicine has to pass for quality checks.HealsotalkedaboutimprovementinSAPbasedinventorymanagementsystemwithbar code scanning system and the new50,000sq.ftofwarehouse.HementionedthatBPPI is launchinganewmobile appandBPPIaimstoachieveRs.1000croresturnover by 2019 which is equal to Rs.2500croresofmarketprice.Mr. Vivek Seigell, Principal Director,
PHDChambersaidthatthereisaneedforactive role of pharmacists for successfulexecutionoftheJanAushadhiScheme.
Dr. Rahul Arora, General Secretary,IMA said there is a need to open upJanAushadhi Kendras in rural areaswhere people do not get proper facilitiesand medicines and work on supplychain management of the medicines.Dr. Arora also urged young students andentrepreneurs’ to come forward and takebenefit of JanAushadhi Scheme. He alsosaid that Indian Medical Association isalready running a JanAushadhi store andlooksforwardtoopenmoreJanAushadhiKendrasinfuture.Prof. Preet Mohinder Singh Bedi,
Professor, Punjab Pharmacy College,Amritsar suggested a MoU shouldbe signed between Department ofPharmaceuticalsandBPPI.
Mr. P. L. Seth, President, Punjab Pradesh Vyapar Mandal; Mr. Surinder Duggal, General Secretary, Chemists Association, Amritsar; Dr. Rahul Arora, General Secretary, IMA, Punjab; Mr. Kulvinder Singh, Zonal Licensing Authority, Punjab; Mr. Vivek Seigell, Principal Director, PHD Chamber; Prof. Preet Mohinder Singh Bedi, Professor, Punjab Pharmacy College, Amritsar and Mr. AmanPreet Singh, Pharmacist, Indian Red Cross Society, NGO
PHD Chamber Bulletin September 2018 | 57
Mr. Kulvinder Singh, Zonal LicensingAuthority, Punjab addressed questions ofthe delegates regarding getting licencesandapprovalforopeningupJanAushadhiKendras.Mr. Singh urged young Pharmastudents to come forward and spreadawarenessaboutgenericmedicines.Mr. P. L. Seth, President, Punjab
Pradesh Vyapar Mandal assured fullsupporttotheJanAushadhiScheme.Mr.SurinderDuggal,GeneralSecretary,
Chemists Association thanked all thedignitaries and delegates for attendingthe workshop. He shared his concernsregarding generic medicines available inthemarket.Healsoraisedhisdoubtsaboutthemedicineefficacyandaskedtovalidatethemedicineswithproperquality.Healsostated that the Chemists Association isready to sell Jan Aushadhi medicinesif government permits to sell from theexistingchemiststores.He informed that
they have circulated the circular to all 8lakhschemistthroughoutIndiatokeepatleastoneshelfforgenericsubstituteofthemedicines.Hefurthersuggestedclosureofe-pharmacyinPunjabforatleastoneyear
toboosttheJanstoremedicinemarket.The seminar was attended by more
than 80 delegates including, Doctors,Pharmacists,NGOs&Academicians.
Interactive Session on Insolvency and Bankruptcy Code - How to Cope up with Changed Business Environment
CA Mukul Bansal, Convenor, Banking & Financial Services, Punjab Committee, PHD Chamber; Ms. Madhu Pillai, Regional Director, PHD Chamber; CS Rajeev Bhambri, Vice Chairman, NIRC of ICSI ; Mr. Anil Katia, Insolvency Professional, Chandigarh; Mr. Srinath Narasimhan, Deputy Vice President, Edelweiss Finance, Mumbai; Mr. Vineet Chaudhary, Central Council Member, ICSI and CA Harmeet Bawa, Chairman, ICMAI Ludhiana Chapter
Participants
PHD Chamber, Chandigarh organizedaninteractivesessionon‘Insolvencyand Bankruptcy Code – How
to Cope up with Changed BusinessEnvironment’onAugust9,2018atHotelPark Plaza, Ludhiana. The objectivewas to help professionals and industrygain an understanding and insight intothe provisions of the Insolvency andBankruptcy Code besides their practicalimplications.CAMukul Bansal, Convener, Banking
& Financial Services, Punjab Committee,PHD Chamber discussed in detail aboutthelatestamendmentsofBankruptcyandInsolvencyCodeforMSMEsector.CMA Sunil K Singh, Chairman,
Northern India Regional Council (NIRC),ICMA stated that the Insolvency andBankruptcy Code is beneficial for thesick industrial units as there are properguidelinesfordisposaloftheirdues.CS Rajeev Bhambri, Vice Chairman,
NIRCofICSIcoveredthelegalandpracticalissues under the corporate insolvencyresolutionprocessandliquidation.Mr. Srinath Narasimhan, Deputy Vice
President, Edelweiss Finance, Mumbaimentioned nearly Rs. 83,000 croreshave been recovered in 2100 cases–as
per media reports. He further said thatIBC is emerging as the only option forOverdue Debts/Stressed assets above athreshold.Healsosharedadetailedplanforcombatingstressedassets.Mr.AnilKatia,InsolvencyProfessional,
Chandigarh detailed the ecosystemcreatedunder thecode.Hesaid that thisisaveryeffectivelawandisimportantnot
onlyforGovernmentbutalsoforindustrialcreditorstorecovertheirdues.CA Harmeet Bawa, Chairman, ICMAI
Ludhiana Chapter delivered the formalvote-of-thankstotheguests.Over 150 industry members across
Trade & Industrial Sector, Professionalsand Service providers participated in theprogram.
58 | PHD Chamber Bulletin September 2018
FOCUS STATE : PUNJAB
Interactive Session on Recent Developments & Practi-cal Issues under GST
Participants
Mr. Rakesh Rattan Aggarwal, General Secretary, Derabassi Industries Association; Ms. Madhu Pillai, Regional Director, PHD Chamber; Mr.Anil Gupta, Assistant Commissioner, GST Commissionerate, Derabassi-2; Mr. Paramjit Singh, Assistant Excise and Taxation Commissioner (AETC) Mohali, GST Sub Commisionerate, Mohali, Govt. of Punjab; Advocate Pawan Kumar Pahwa, Chairman, Punjab State Taxation Committee, PHD Chamber & Partner, Panacea Legal Services, Chandigarh and CA Deepak Joshi, Panacea Legal Services, Chandigarh
PHD Chamber, Chandigarh inassociation with the DerabassiIndustries Association organized
an interactive session on ‘RecentDevelopments & Practical Issues underGST’onAugust21,2018atDerabassi.Ms. Madhu Pillai, Regional Director,
PHDChamberstatedthattheintroductionof GST has been a noteworthy step inindirect tax reforms in India. Despiteteething troubles and confusion over thenew law, the Government crossed somecrucial milestones with GST, she added.ShestatedthattheGovernmenthasbeensuccessful in achieving themottobehindthe GST i.e. increasing the tax base toalmost double after transitioning to GSTregime.Mr. Rakesh Rattan Aggarwal,
General Secretary, Derabassi IndustriesAssociation mentioned that the Industryhasshownitscommitmentbycontributingin the successful implementation ofGST even beyond the expectation of theGovernment.Mr. Anil Gupta, Assistant
Commissioner, GST Commissionerate,Derabassi-2 said that the implementationof GST has been smooth and theGovernment isopen to suggestions fromthe stakeholders. He mentioned that the
Government is facilitating the small taxpayersinthistransition.Thepurposeistodecreasetaxratesandwidenthetaxbase.Mr. Paramjit Singh, Assistant Excise
and Taxation Commissioner (AETC)Mohali,GSTSubCommisionerate,Mohali,Govt. of Punjab said that the RevenueAuthorities are ready to extend supportto the industry in resolving issues andaddressing problems being faced by theindustry. He further stated that nodal
officers have been appointed to addressthegrievancesofindustryandtrade.CA Deepak Joshi apprised the
participants of the recent changes anddevelopmentsintheGSTlaws.Advocate Pawan Kumar Pahwa
stated that the Government needs to laybetter emphasis on making GST simple,clarifying the ambiguities and industriesneedaproactiveapproachtowardsannualreturnandGSTaudit.
PHD Chamber Bulletin September 2018 | 59
M3 Lecture on Leading and Managing Organiza-tions in Global Startup Era
Seminar on Implementation of Labour Laws for MSME Sector
M3 Lecture Speaker Mr. Samar Singh Sheikhawat, Dr. Shruti Nada Poddar, Chairperson, PHDCCI- Rajasthan Chapter,, Mr. Prabhat Pankaj, Director, Jaipuria Institute of Management, Jaipur, Ms. Rachna Singh, Regional Director, PHDCCI- Rajasthan Chapter with Faculties of Jaipuria Institute of Management
Mr. Kumar Rohit, Additional Central Provident Fund Commissioner, Jaipur; Ms. Rachna Singh, Regional Director, PHD Chamber, Jaipur; Mr. Dhanwant Singh, Regional Provident Fund Commissioner, Udaipur; Mr. M K Golia, Regional Provident Fund Commissioner, Kota and Mr. R K Joshi, Head- Industrial Relations, PHD Chamber
PHD Chamber, Rajasthan Chapter,PHDCCI Trainer Mentorship andHolistic Training (T-MAHT) Cell in
collaboration with Jaipuria Institute ofManagement organized the ‘M3 Lectureon Leading and Managing OrganizationsinGlobalStartupEra’onAugust9,2018
PHDChamberalongwithKASorganizeda seminar on ‘Implementation ofLabour Laws for MSME sector on’
August31,2018atPHDHouse,Jaipur.Mr. Kumar Rohit, Additional Central
ProvidentFundCommissioner,JaipurwastheChiefGuest.Mr.M.K.Golia,RegionalProvident Fund Commissioner, Kota andMr. Dhanwant Singh, Regional ProvidentFund Commissioner, Udaipur addressedtheseminar.Mr. Akshay Hada, Chairman, MSME
FOCUS STATE : RAJASTHAN
atJaipuriaInstituteofManagement,Jaipur.PHDChambersignedaMoUwithJaipuriaInstituteofManagementtoconductselectjoint research studies and ManagementDevelopmentProgrammes(MDPs).Mr. Samar Singh Sheikhawat, Chief
Committee,PHDChamber,JaipurdeliveredthewelcomeaddresswhileMr.R.K.Joshi,Head Industrial Relations, PHD Chamberdeliveredtheformalvote-of-thankstotheguests.The objective was to discuss the
initiatives taken by EPFO. Explaining theinitiatives, EPFO officials informed thatall formsand returnscanbe filedonline.After issuance of UAN number, there ishardlyanydifficultyfortransferofmoney.All contribution paid can be seen onlinethroughUAN.
MarketingOfficer,UnitedBreweriesLimitedwas the keynote speaker. Others presentincluded Dr. Shruti Poddar, Chairperson,PHD Chamber, Rajasthan Chapter, Mr.PrabhatPankaj,Director,Jaipuria Instituteof Management and Ms. Rachna Singh,RegionalDirector,PHDChamber.Dr. Shruti Poddar, Chairperson,
RajasthanChapter,PHDChamberapprisedabouttheimportanceoftheprogrammeinherwelcomeaddress.Mr.SamarSinghSheikhawatstatedthat
the most successful entrepreneurs havelearned togrowaftera longstruggleandfailure isneeded to learnandunderstandhow to do better in the future. Being anenthusiasticplayer,meetingwithsomeoftheworld’s best players,Mr. Sheikhawatusedthesediscussionsfortakinglessonsinmanagementandbuildingameaningfulrelationshipwithlife.
Chief Guest, Mr. Kumar Rohitmentionedthatifthereisanyotherissue,then RPFC should be contacted. EPFOasked all employers to take benefit ofPradhanMantri Rojgar Yogana’s schemewhereemployersneednotpayemployers’contribution for new entrants’ upto aperiodofthreeyears.ItwasexplainedthatAadharisanimportantdocumenttolinkitwithUAnumbersothatanemployeegetsthebenefitsfromhiscontribution.
60 | PHD Chamber Bulletin September 2018
Seminar on Energy Conservation Technologiesfor a Greener Planet
Prof. Jyotirmay Mathur, Dean of Malviya National Institute of Technology; Mr. Rishabh Kasliwal, Managing Director, Kamal Cogent Energy Pvt. Ltd.; Dr. Shruti Poddar, Chairperson, Rajasthan Chapter, PHD Chamber; Mr. Sanjay Malhotra, Principal Secretary, Dept. of Energy, Govt. of Rajasthan; Mr. Anad Bhaiya, Co-chairman, Energy Committee, Rajasthan Chapter, PHD Chamber and Mr. R. K. Shrivastava, Managing Director, Rajasthan Energy Development Corporation Ltd., Govt. of Rajasthan
Prof. Jyotirmay Mathur, Dean of Malviya National Institute of Technology; Dr. Shruti Poddar, Chairperson, Rajasthan Chapter, PHD Chamber; Mr. R. K. Shrivastava, Managing Director, Rajasthan Energy Development Corporation Ltd., Govt. of Rajasthan; Mr. Rishabh Kasliwal, Managing Director, Kamal Cogent Energy Pvt. Ltd.; Mr. Anad Bhaiya, Co-chairman, Energy Committee, Rajasthan Chapter and Ms. Rachna Singh, Regional Manager, Rajasthan Chapter, PHD Chamber
PHDChamberorganizedaseminaronEnergy Conservation TechnologiesforaGreenerPlanetonJuly17,2018
atPHDHouse,Jaipur.Theobjectivewastocreateawarenessintheindustryregardingthermal energy storage and use of heatpumps.Chief Guest, Mr. Sanjay Malhotra,
PrincipalSecretary,DepartmentofEnergy,Govt. of Rajasthan stated that energyconservation was the need of the hourand the government totally supportssuch programs. He said that energy isanimportantnaturalresourceandenergyauditisanimportanttooltoconservethisimportant natural resource. Rajasthangovernment is serious about energyefficiency and has been able to accruesubstantial fiscal benefits through energyconservation.Special Guest,Mr. R. K. Shrivastava,
Managing Director, Rajasthan EnergyDevelopment Corporation Ltd. said thatenergyconservationandenergyefficiencycanbeachieved throughsmall initiatives.For example, proper timing and elevatorcallsetting,followingtheECBCguidelinesfor construction and adhering to properheating and cooling requirements havebeen done by proper evaluation. Rs.428 crores have been saved throughthis initiatives with 31 crores LED Bulbsworth 1.54 crores have been distributedinRajasthanandasavingof39368MU,
thecountryhassaved31.88million tonsofCO2emissions.Dr. Shruti Poddar, Chairperson,
Rajasthan Chapter, PHD Chamber statedthattheGroupCaptiveRenewableEnergyExtraction should be allowed as a newpolicyof theCentralGovernment.On theoccasion,PHDChamberalsolaunchedtheEnergyAuditCellwhichwillhelpindustriesandindividualconsumerstosaveonhugecostsintheenergysector.Mr. Rishabh Kasliwal, Managing
Director, Kamal Cogent Energy Pvt. Ltd.expressedhis viewsonenergyaudit andgave information about the purpose of
target of energy audit and expansion ongradeinvestmentinenergyaudit.Mr. Anad Bhaiya, Co-chairman,
Energy Committee, Rajasthan Chapter,PHDChamber,Mr. Sunil Gupta, RegionalManager of Kehems Technologies Pvt.Ltd., Mr. Ekansh, Sr.MarketingManager,EnsaviorTechnologiesPvt.Ltd.,ProfessorJyotirmayMathur,DeanofMalviyaNationalInstitute of Technology also expressedtheirviewsonenergyconservation.Ms.RachnaSingh,RegionalManager,
Rajasthan Chapter, PHD Chambermoderatedtheprogram.
FOCUS STATE : RAJASTHAN
PHD Chamber Bulletin September 2018 | 61
MoU between PHD Chamber and Energy Efficiency Services Limited (EESL)
Mr. Girija Shankar, AGM (Tech.), EESL; Mr. Ashish Rakheja, Chairman, Environment Committee, PHD Chamber; Mr. S.P Garnaik, CGM (Tech.), EESL; Ms. Kanchan Zutshi, Secretary, Environment Committee, PHD Chamber; Ms. Bansi Shukla, Engineer, EESL; Mr. Kavish Agrawal, Dy. Manager, EESL and Mr. Piyush Sharma, Joint Secretary, Environment Committee, PHD Chamber
Mr. Ashish Rakheja, Chairman, Environment Committee, PHD Chamber and Mr. S.P Garnaik, CGM (Tech.), EESL signing the MoU
PHD Chamber signed a MoU withEnergy Efficiency Services Limited(EESL) on July 31, 2018 at EESL
Corporate Office, Noida for implementingenergy efficiency measures for the PHDChambermembers.As part of the MoU, the two
organizations will collaborate to organizecapacity building & training programmesfor the industry members on varioustopicspertaining toEnergyManagement,Maintenance Management, WaterManagement and Safety Engineering.PHDChamberwillsupportEESL’svariousprograms pertaining to industries as ademandaggregatingagency.The MoU was signed by Mr. Ashish
Rakheja, Chairman, EnvironmentCommittee and Mr. S.P Garnaik, ChiefGeneral Manager (Technical), EnergyEESL.
FOCUS STATE : UTTAR PRADESH
Nominations invited for Nari Shakti Puraskar 2018 TheMinistryofWomenandChildDevelopmenthasinvitedNominationsforthe2018NariShaktiPuraskar,the
HighestCivilianHonour forWomen in India.ThecovetedAward isconferredon thoseexceptionalWomenandInstitutionswhohave beenworking incessantly towards the cause ofWomenEmpowerment. ThePresident ofIndiaconferstheNariShaktiPuraskarontheInternationalWomen’sDay,everyyear“WehavebeenconferringtheNariShaktiPuraskarsince1999andhavecollatedanextensivedatabaseofzealousWomenAchievers,whoriseabovebarriers,venture intounexploredsectorsandmakea lastingcontribution tosociety.Thisyear too, IurgethoseWomenandInstitutionstocomeforwardandnominatethemselves,whohavemadeoutstandingcontributiontowardsupliftmentofWomeninsociety,”saidUnionMinister forWomenandChildDevelopment,ms. ManekaSanjayGandhi.TheNominationsforthe2018NariShaktiPuraskarareopentillOctober31,2018anddocumentsforNominationaretobesubmittedtotheDeputySecretary(WD&IC),MWCD,RoomNo-632,6thFloor,ShastriBhawan,NewDelhi-110001.
62 | PHD Chamber Bulletin September 2018
ONE DISTRICT ONE PRODUCT SUMMIT
Mr. Ram Naik, Hon’ble Governor of UP; Mr. Anup Chandra Pandey, Chief Secretary of UP; Mr. Ram Nath Kovind, Hon’ble President of India; Mr. Satyadev Pachauri, UP MSME Minister; Mr. Yogi Adityanath, Chief Minister of Uttar Pradesh and Mr. Keshav Prasad Maurya, Deputy CM,UP
Mr. Yogi Adityanath, Chief Minister of Uttar Pradesh presenting a memento to Mr. Ram Nath Kovind, Hon’ble President of India
The ONE DISTRICT- ONE PRODUCT(ODOP) mega Summit in Lucknow,August10-12,2018,organizedbythe
Uttar Pradesh Government and executedbyPHDChamberwasinauguratedbyMr.Ram Nath Kovind, Hon’ble President ofIndia.The inaugural ceremony was also
graced by Mr. Ram Naik, Hon’ble UPGovernor; Yogi Adityanath Hon’ble ChiefMinister of Uttar Pradesh; Mr. Satyadev
Pachauri,UPMSMEMinister;Mr.KeshavPrasadMaurya,DeputyChiefMinisterandMr.AnupChandraPandey,ChiefSecretaryofUttarPradesh.The summit aimed at boosting the
Micro, Small and Medium Enterprises(MSMEs) and promoting traditionalindustries in every district of the state.Duringthesummit,withataglineof‘NayiUdaan, Nayi Pehchan’, the Presidentdistributed loan sanction papers to some
artisans. The attending craftsmen werealsogiventoolkits.The Hon’ble President also unveiled
ODOPhelp line’s toll freenumber (1800-1800-888)andwebsiteoftheODOP.BankloansworthoverRs.1006.94croresweredistributedto4095SMEentrepreneurstoexpandtheirunits.AcoffeetablebookonODOPwasalsoreleasedbytheGovernorand its first copy was presented to thePresident.
FOCUS STATE : UTTAR PRADESH
PHD Chamber Bulletin September 2018 | 63
Mr. K. Ravinder Naik ,I.A.S. Director Industries, UP; Mr. Ajay Kumar, Regional Director, RBI; Mr. Manoj Mittal, Deputy Managing Director (DMD),Whole Time Director with Small Industries Development Bank of India (SIDBI); Mr. D.S. Gangwar, I.A.S, Additional Secretary, Ministry of Food Processing; Mr. Satyadev Pachauri, Hon’ble Minister,MSME Export Promotion; Mr. S.P. Singh Baghel, Hon’ble Minister, Animal Husbandry, Fisheries and Minor Irrigation Khadi and Village Industries, Sericulture, Textiles, UP; Mr. Anup Chandra Pandey, Chief Secretary of UP; Mr. Anil Khaitan, President, PHD Chamber; Mr. Mukesh Bahadur Singh, Co-chairman, UP State Committee; Mr. Gaurav Prakash, Co-chairman, UP State Committee and Mr. Yogesh Srivastav, Principal Director, PHD Chamber
Mr. Anil Khaitan, President, PHD Chamber addressing the audience
Anumber ofMoUswere also signedin the august presence of the Hon’blePresident between the state governmentand companies including Wipro, GEHealthCare,Amazon,QCI,NationalStockExchangeandBombayStockExchangeinordertopromoteMSMEsofUP.Eight technical sessions on
handlooms, textile crafts, tourism, agroand food processing, credit and financewerealsoheldduringthesummittosharethe details about the schemes and itsimpactonthestakeholders.ACEOroundtablediscussionchaired
byYogiAdityanath,Hon’bleChiefMinisterof Uttar Pradesh, was also organizedon the side-lines of the summit.Mr. AnilKhaitan, President, PHDCCI along with
other eminent Uttar Pradesh Governmentofficials and CEO of various industrieswereapartofthediscussion.The valedictory session was graced
byMr.S.P.SinghBaghel,Hon’bleMinister,Animal Husbandry, Fisheries and MinorIrrigation;Mr.SatyadevPachauri,Hon’bleMinister, MSME Export Promotion, KhadiandVillageIndustries,Sericulture,Textiles,UP; Mr. Anup Chandra Pandey, ChiefSecretaryofUP;Mr.AnilKhaitanPresident,PHD Chamber; Mr. D.S. Gangwar, IAS,Additional Secretary, Ministry of FoodProcessing; Mr. RamMohan Misra, IAS,Additional Secretary & DevelopmentCommissioner, Ministry of MSMEs; Mr.Manoj Mittal, Deputy Managing Director(DMD), Whole Time Director with Small
Industries Development Bank of India(SIDBI) and Mr. Ajay Kumar, RegionalDirector,RBI.A knowledge report prepared by
PHD Research Bureau, New Delhi wasalso released by the dignitaries at thevaledictorysession.Mr. Anup Chandra Pandey and Mr.
Bhuvnesh Kumar and Mr. K. Ravinderwhilecomplimentingeveryoneinvolvedinmakingthesummitabigsuccess,thankedPHD Chamber particularly for organizingsuchasuccessfulprogramme.Mr. Anil Khaitan President, PHDCCI,
wasalsoveryappreciativeof thesummitandthankedtheUttarPradeshGovernmentforgivingPHDChamberanopportunitytoorganizethisprogramme.
64 | PHD Chamber Bulletin September 2018
FOCUS STATE : UTTAR PRADESH
GLIMPSES OF ODOP SUMMIT
PHD Chamber Bulletin September 2018 | 65
66 | PHD Chamber Bulletin September 2018
MoU between PHD Chamber & UP Braj TeerthVikas Parishad
Exchange of MoU between PHD Chamber and UPBTVP
Esteemed dignitaries
PHDChambersignedaMoUwithUttarPradesh Braj Teerth Vikas ParishadasanIndustryPartneronAugust31,
2018atMathuratoassistindevelopingtheBrajRegionthroughitsindustrymembers.The MoU was exchanged between
Mr.AnilKhaitan,President,PHDChamberalong with Mr. Ranjeet Chaturvedi,Chairman,InternationalAffairsCommittee,Africa and Co-chairman, Uttar PradeshCommittee,PHDChamberandMr.ShailjaKant Mishra, Vice Chairman, UPBTVPin the august presence of Mr. YogiAdityanath,Hon’bleChiefMinisterofUttarPradesh&ChairmanUPBTVP;Mr. LaxmiNarayanSingh,Hon’bleMinisterforDairyDevelopment,Culture&MinorityWelfare,UP; Ms. Rita Bahuguna Joshi, Hon’bleMinister for Women/Child Welfare andTourism,UP;Mr.ShrikantSharma,Hon’bleMinisterforPower,UP;Ms.HemaMalini,Member of Parliament from Mathura;Mr. Awanish Awasthi, Additional ChiefSecretary&DirectorGeneral,Tourism,UPalongwithMayor fromMathura city andmanyotherseniorbureaucratsfromGovt.ofUttarPradesh.AnexclusivePre-CeremonyLunchwas
organizedforMr.YogiAdityanath,Hon’bleChief Minister, UP, and Mr. Anil Khaitan,PresidentPHDCCI alongwithMr.RanjeetChaturvedi,Chairman,InternationalAffairsCommittee-AfricaandCo-chairman,UttarPradesh Committee, PHDCCI and otherMinisters and senior officers from UttarPradeshGovernment.With this collaboration, UPBTVP and
PHD Chamber agreed to work together
for the development of infrastructuralfacilities for tourism and conservation ofBrajHeritage;tomakeconcertedeffortsinthe direction of professionally enhancingawareness and interest in intangibleculturalheritage,safeguarding,promotingand propagating it systematically; toassist in conservation of rivers andundertake measures for pollution controland development of river fronts andwater bodies; assist in the five mainpillars of security, cleanliness, facilities,aestheticism, integrity and compassionnecessaryforthedevelopmentoftheBrajRegion.AsimilarMoUwasalsosignedbetween
UPBTVPandIndianYogaAssociation.Mr.H R Nagendra, President, IYA and Ms.Kamlesh Barwal, Secretary General, IYAwerepresent.
Mr. Anil Khaitan, President, PHDChamber circulated a number ofschemesworthRs31.42croresamongstthe members of PHD Chamber forconsiderationintheirCSRinvestments.Mr. Yogi Adityanath, Chief Minister
of Uttar Pradesh announced that a parkofnearly400acreswill soonbebuiltonthe banks of River Yamuna deemed tobe Asia’s largest park. He also launchedschemesworthmorethanRs.100croresforthedevelopmentoftheBrajRegion.Mr.ShailjaKantMishra,ViceChairman,
UPBTVP andMr. Anil Khaitan, President,PHDCCIhoped that thiscollaborationwillbring new meaning and impetus to thedevelopmentoftheholyBrajRegion.
FOCUS STATE : UTTAR PRADESH
PHD Chamber Bulletin September 2018 | 67
Seminar on Importance of Intellectual Property Rights in Innovation Management
Participants
PHD Chamber in association withIntegral University, Lucknoworganised a seminar on ‘Importance
ofIntellectualPropertyRightsininnovationManagement’onAugust2,2018atIntegralUniversity,KursiRoad,LucknowundertheaegisofMinistryofMicro,Small&MediumEnterprises.ChiefGuest,Mr.U.C.Shukla,Director
MSME DI Institute, Kanpur, Ministry ofMicro, Small & Medium Enterprises saidIPRspursinnovationandthusgovernmentboth at the Central and state-level areconstantly engaging in efforts forbringingout the regulatory changes and also newpolicy interventions to create an enablingenvironment.Dr.NilanjanMukherji,Director,CCG&D
Academics, Integral University sharedthe importance of IPR in innovationManagementandemphasizedthatstudentsshouldunderstandtheprocessofIPRs.Dr. Syed Nadeem Akhtar, Director,
Planning & Research, Integral UniversityhighlightedtheimportanceofIPRintoday’sworldandhowitcanmakeahugedifferenceinInnovationmanagement.
In her keynote address, Dr. MandiraRoy, Principal Associate, Adastra IP gavea presentation on ‘Importance on IPR inAcademicInstitutions’.Heemphasizedthatstudentsshouldmakeateamandusethecampuslabstoformstart-ups.Hefurtherhighlightedabouttheimportanceofpatents.He said that both product and processcanbepatented.Shealsohighlighted thatpatentscangeneraterevenueaswellasbeusedasacollateral.In his keynote address, Mr. Sandeep
Agarwal, Director, Adastra IP gave a
presentation on ‘Intellectual PropertyRights as a Career’. He motivated thestudentsaboutthescopeofIPRasacareeropportunity.Mr. Mithilesh Kumar, Joint Secretary,
MSME Committee, PHD Chambermentioned that to promote IP culture, itis very important that the faculty shouldcome forward and help the students byproviding awareness on IPR and furtherhelp themby connectingwith the expertsforavailingIPsfortheirinnovations.About140studentsand35facultiesparticipatedintheprogramme.
1st Regional Quality Conclave (Northern Region)Universal Health Coverage under Ayushman Bharat: Assisting Implementation
Dr. R.P. Singh, Secretary General, Quality Council Of India, New Delhi, Mr. Bejon Kumar Misra, Governing Board Member, Prof. N.K. Ganguly, Former Director, ICMR, Govt. of India, Prof. Rakesh Bhatnagar, Vice Chancellor, Banaras Hindu University, Varanasi and Mr. Saurabh Sanyal, Secretary General, PHD Chamber
The Quality Council of India incollaboration with PHD Chamberorganized a round table discussion
on “Developing the implementationStrategy on Ayushman Bharat”, a pathbreaking initiative in India on UniversalHealthCoverage,whichcantransformandupgrade the healthcare ecosystem in thecountry, August 8-10, 2018 at DiamondHotel,Varanasi.Starting the discussion, Prof N.K.
Ganguly informed the participants aboutthe existing healthcare system in Indiaand thevarioushealthschemescurrentlybeing run by the Government, whileemphasizing theneed for the AyushmanBharatscheme.Continuing the discussion, Prof.
RakeshBhatnagarfocusedongoodqualityeducationtochildren.HeaddedthatIndiashouldalsofocusonitspopulationgrowthand a new course in Medical education
shall be started of three years durationcoveringregularproblems.Mr. Saurabh Sanyal, Secretary
General, PHD Chamber delivered thewelcome address wherein he shared abrief background of PHD Chamber, its
activitiesanditsroleinpolicyadvocacy.Mr. Bejon Kumar Misra delivered the
vote-of-thankstotheguests.Themeetingended with the launch of a book fromQuality Council of India on AyushmanBharat.
68 | PHD Chamber Bulletin September 2018
2nd PHDCCI States Conclave
Mr. Anil Khaitan, President, PHD Chamber while delivering his welcome address; Dr. Ranjeet Mehta, Principal Director, Dr. Mahesh Y Reddy, Secretary General-Designate, Mr. Kishore Kumar Kaya, Co-chairman, Tourism Committee, Mr. D.K. Aggarwal, Vice President and Mr Yogesh Srivastava, Principal Director, PHD Chamber
Mr. D.K. Aggarwal, Vice President , PHD Chamber also seen are Dr. Ranjeet Mehta, Principal Director, Dr. Mahesh Y Reddy, Secretary General-Designate, Mr. Kishore Kumar Kaya, Co-chairman, Tourism Committee, Mr. Anil Khaitan, President and Mr. Yogesh Srivastava, Principal Director, PHD Chamber
Group Photo of PHDCCI 2nd State Conclave
PHD Chamber organized its 2ndPHDCCIStatesConclave,August18-19, 2018 at Mussoorie, Dehradun.
The objective was to inaugurate theUttarakhandStateChapterandtodevelopcohesionbetween thestatechaptersandthe expert committees so that both (thestate chapters and expert committees)canunderstandeachother’sstrengthsandaccordinglyplantheirfutureevents.The conclave proved to be a highly
successfuloneandwashugelyappreciatedby everybody. Chairs/Co-Chairs of 12StateChaptersandfourExpertCommittees(Roads, Ports & other InfrastructureCommittee;ICT&ElectronicsCommittee;Skill Development Committee & TourismCommittee)attendedtheevent.
Mr. D.K. Aggarwal, Vice President,PHD Chamber appreciated the vision of
Mr.AnilKhaitan,President,PHDChamberof converting the State committees to
FOCUS STATE : UTTARAKHAND
PHD Chamber Bulletin September 2018 | 69
Inauguration of Uttarakhand State Chapter : Mr Anil Taneja, Regional Director- Uttarakhand, Mr. Verendra Kalra, Co-Chairman, Uttarakhand State Chapter, Mr. Kishore Kumar Kaya, Co-Chairman, Tourism Committee; Dr. Ranjeet Mehta, Principal Director, Mr. Anil Khaitan, President, Mr. D.K. Aggarwal, Vice President and Dr. Mahesh Y Reddy, Secretary-Designate, PHD Chamber
Discussions between Expert Committees and State Chapters
Group Photo during Inauguration of Uttarakhand State Chapter
Statechapterswhichwillnotonlyhelp inenhancingthemembershipofthestatebutwillalsogiveenormouspublicity toStateChapters.Hefurtheraddedthateverystateshouldbefinanciallyindependentandself-sustainable.Mr. Anil Khaitan, President, PHD
Chamber stated that launching of statechapters will definitely give a boost tomembership, lead to huge publicityand also huge traction with the Stategovernments. He also informed theparticipantsthattheChamberhasopenedan IndoNepalCentre toenhancebilateraleconomic cooperation between the twocountrieswhereinourmembersfromIndiacan invest in Nepal and vice-versa. Healso informed that the Chamber plans toopenIndo-Bhutan,Indo-SrilankaandIndo-Bangladeshdesksoontopromotebilateraltrade,businessandinvestment.Mr. Khaitan further informed that
PHD Chamber for the first time took adelegation to Rwanda and Uganda lastmonth concindingwith the visit of PrimeMinister,MrNarendraModi.AdelegationwasalsomountedtoCzechRepublicandPolandwiththePresidentofIndiaandVicePresidentofIndiarespectively.Dr. H.P. Kumar, Advisor, MSME, PHD
Chambergavehispresentationon‘PHDCCIMSMEPortal’andeachStateChaptergavea presentation for their respective stateswherein they informed about their futureevents for the year and the vision of theStateChapter.Dr.MaheshYReddy,SecretaryGeneral
–Designate,PHDChambermentionedthatChairandCo-chairsoftheStateChaptershave very strong linkages with the StateGovernmentofficials.Dr. Ranjeet Mehta, Principal Director,
PHD Chamber delivered the formal vote-of-thankstotheguests.
70 | PHD Chamber Bulletin September 2018
FOCUS STATE : WEST BENGAL
Conference on Opportunities in CommodityDerivatives Market
Ms. Sohale Gupta, Executive Officer, PHD Chamber; Ms. Shivani Gupta, Deputy Secretary, PHD Chamber; Mr. Saurabh Sanyal, Secretary General, PHD Chamber; Mr. Sanjay Rawal, President, Commodity Participants Association of India (CPAI); Mr. D K Aggarwal, Vice President, PHD Chamber; Mr. Mrugank Paranjape, MD & CEO, Multi Commodity Exchange of India Ltd and Mr. Rishi Nathany, Head – Business Development & Marketing, Multi Commodity Exchange of India Ltd.
The Capital and Commodity MarketCommittee of PHD Chamberorganized a conference on
Opportunities in Commodity DerivativesMarket on August 22, 2018 at Hotel TajBengal,Kolkata.Mr. Saurabh Sanyal, Secretary
General, PHDChamberwhilemoderatingthe session expressed optimism thatcommoditymarketwillgrowinfutureandwillhavelargevolumesworldwide.Mr. D K Aggarwal, Vice President,
PHD Chamber in his welcome addresshighlighted that India despite being thelargestmanufacturer,still remainsapricetakerandnotapricesetter.Hehighlightedsome of the major achievements whichhave occurred in the market suchas SEBI-FMC merger, introduction ofGST, Warehousing (Development andRegulation)Act,introductionofoptionstoreduce the Commodities Transaction Tax(CTT)effect,etc.HeappreciatedthatIndiais the best future commodity derivativemarket in the world and will gain moremomentuminthefuture.Mr. Sanjay Rawal, President,
Commodity Participants Association ofIndia (CPAI) underlined the proceduresand scenario of trading under differentexchanges in different countries. Hesuggested that bringing liquidity in themarket with more participation will bebetterfortheIndianeconomy.
Mr. Rishi Nathany, Head – BusinessDevelopment & Marketing, MultiCommodity Exchange of India Ltd.(MCX) highlighted that equity derivativesmarket has undergone a revolutionarychange after the introduction of options,contributingmore than 80 percent of thetotalvolumeintheequitymarket.Hestatedthatthegreatestsignificanceofcommodityderivativemarketistocreateanimpactonthelivesofvariousstakeholdersalongwithsocial and economic development of thecountry.Mr. Mrugank Paranjape, MD & CEO,
MultiCommodityExchangeofIndiaLtd.inhisaddresshopedthatSEBIwillcomeout
withregulationswhichnotonlytakescareofallowingIndiaInfrastructureFund(IIFs),butwhichwillalsotakecareofthesmallerissues that help alternative investmentfunds (AIFs) to trade.Hehighlighted thatInstitutional participationwill probably bethebiggestthingontheagendaofMCXforfiscal 2018-19. He assured that MCX isplanningtolaunchsevenoreightcontractswhichareeligibleunderthecurrentregime.Mr.SaurabhSanyal,SecretaryGeneral,
PHD Chamber delivered the formal vote-of-thanks to the guests. The sessionconcluded with an extensive discussionandQ&Asessionwithanoverwhelmingresponsefromtheparticipants.
Paryatan Parv provides momentum to the Tourism Sector in India A ‘Paryatan Parv’ a nation-wide celebration of Tourism by the Ministry
of Tourism was inaugurated by Mr. Rajnath Singh, Union Home Minister,16-27 September, 2018 at New Delhi. The Government has ensured ‘easeoftravel’throughvariousstepslikesimplificationofprocessofe-touristvisaapplication.TheMinistryofTourismalsosignedaMoUwithApeejayGroupofHotelsandVResortsforadoptionofJantarMantar,NewDelhiandSurajkund,Haryana, respectively,under itsAdopt-a-Heritagescheme.ThehighlightsoftheeventinRajpathLawns,NewDelhiaretheparticipationofarecordnumberof States / UT’s which include 18 Theme Pavilions, a Food Court with 54Stalls,bringinginthecuisinefromacrossIndia;aKitchenStudiobyInstituteofHotelManagement,Delhi,CraftsBazaarwith76Handicraft&HandloomStalls,YogaDemo&Training,PerformancesbyArmedForcesBandsandanExhibitiononthetheme“SaafNiyatSahiVikas”bytheMinistryofInformation&Broadcasting.VariousParyatanParvactivitiesbeganacrossthecountry.
PHD Chamber Bulletin September 2018 | 71
72 | PHD Chamber Bulletin September 2018
Meeting with Minister of Commerce & Industry
APHDChamberdelegationledbyMr.AnilKhaitan,President and comprising of Dr. Mahesh YReddy, Secretary General-Designate and Dr. SPSharmametMr.SureshPrabhu,Hon’bleMinisterofCommerce&Industry,Govt.ofIndiaonJuly30,2018atNewDelhi.Thedelegationdiscussed theEODB (Ease of Doing Business) parameters forDistricts.
Meeting with Minister of State (Independent Charge), Ministry of Power
A PHD Chamber delegation led by Mr. Anil Khaitan,President,PHDChamberalongwithMs.ShrutiNadaPoddar,Chairperson,RajasthanChapter;Mr.Y.R.Reddy,Secretary General-Designate and Dr. Jatinder Singh,Director met Mr. Raj Kumar Singh, Hon’ble Minister ofState(IndependentCharge),MinistryofPoweronAugust14, 2018 at Shram Shakti Bhawan, New Delhi. Themeeting was to invite him for the 2nd National Summiton Sustainability scheduled for September and also forthe113thAnnualSessionofPHDChambertobeheldonSeptember28,2018atNewDelhi.
Meeting with Minister of Science & Technology, Ministry of Environment, Forest and Climate Change and Ministry of Earth Sciences
A PHDChamber delegation led byDr.MaheshReddy,Secretary General, (Designate) and comprising ofMs.ShrutiNadaPoddar,Chairperson,RajasthanChapter,Mr.VivekSeigell,PrincipalDirector,Ms.KanchanZutshi,SecretaryandMr.AmitPatwal,AssistantSecretarymetDr. Harsh Vardhan, Minister of Science & Technology,Ministry of Environment, Forest and Climate ChangeandMinistry of Earth Sciences on September 6, 2018atNewDelhi.ThemeetingwastoinvitetheMinisterforPHD Chamber’s 113th Annual Session scheduled forSeptember28,2018atNewDelhi.
INTERFACE
Meeting with Deputy Chief Minister of DelhiA PHD Chamber delegation led by Mr. Anil Khaitan,PresidentandcomprisingofMr.D.K.Aggarwal,VicePresident,Mr.SaurabhSanyal,SecretaryGeneralandMr.RohitKumar,DirectorStates&SDCmetMr.ManishSisodia,Hon’bleDeputyChiefMinister,Govt.ofDelhionAugust14,2018atNewDelhi.ThemeetingwastoinvitehimfortheStates@NewIndia2022ConclaveheldonAugust24,2018atTajPalace,NewDelhi.
PHD Chamber Bulletin September 2018 | 73
Meeting with Secretary, Ministry of AYUSH
APHD Chamber delegation led by Mr. Anil Khaitan,President along with the secretariat team met Mr.VaidyaRajeshKotecha,Secretary,MinistryofAYUSHonJuly 25, 2018 atMinistry ofAYUSH,AYUSHBhawan,INA,NewDelhi.ThemeetingdiscussedtoworktogethertowardsAyurvedaandNutraceuticalsbenefitsandhowtocreatea‘SwasthBharat’.
Meeting with Chairman, Inland Waterways Authority of India, Ministry of Shipping
APHD Chamber delegation led byMr. Binay Kumar,Chairman,TaskForceonSmartCities-VaranasiandFormer President along with Ms. Bhavna Singh, JointSecretary,metMr. Pravir Pandey, IA&AS,Chairman,InlandWaterwaysAuthorityofIndia,MinistryofShippingonAugust7,2018atNoida.ThemeetingwastodiscusstheproposeddevelopmentprojectsinVaranasibasedonthe16MoUssignedduringtheInvestors’meetheldinLucknow.
Meeting with Cabinet Secretary
APHDChamberdelegation ledbyMr.AnilKhaitan,President and comprising of Mr. D.K. Aggarwal,Vice President and Dr. Mahesh Y Reddy, SecretaryGeneral-Designate met Mr. Pradeep Kumar Sinha,Cabinet Secretary on August 8, 2018 at New Delhi.Themeetingwas to invitehim for theStates@NewIndia2022Conclavescheduled forAugust24,2018atTajPalace,NewDelhiandtogivespecialaddressatInternationalSolarAllianceonAugust14,2018.
Meeting with Chairperson of National Company Law Appellate Tribunal
APHD Chamber delegation led by Mr. SanjeevAhuja,Co-chairman,InsolvencyandBankruptcyCommittee along with the Secretariat team metHon’bleJustice,Mr.SJMukhopadhaya,Chairperson,NationalCompanyLawAppellateTribunalonAugust7,2018atNewDelhi.ThemeetingwastoinvitehimtobetheChiefGuestforManKiBaatwithon-goingseriesonChaiPeCharchaon‘HowchangesinlawareimpactingIBClandscape.’
74 | PHD Chamber Bulletin September 2018
Meeting with Principal Secretary, Women and Child Development Department, Govt. of Rajasthan
Dr. Shruti Nada Poddar, Chairperson, RajasthanChapter, PHD Chamber met Ms. Roli Singh,
PrincipalSecretary,WomenandChildDevelopmentDepartment,Govt.ofRajasthanonAugust8,2018at Civil Secretariat at Jaipur. The meeting was totrain the government school teachers for SwachhBharat and Beti Bachao Beti Padhao schemes forsensitization onmenstrual hygiene and awarenessforschoolgirls.
Meeting with Secretary, MSME Department, Govt. of Rajasthan
APHDChamber delegation led byDr. Shruti Poddar,Chairperson, Rajasthan Chapter met Mr. NaveenMahajan, Secretary, MSME, Govt. of Rajasthan onAugust 8, 2018 at Jaipur. The meeting was to invitehimtolaunchthePHDCCIRajasthanMSMEFacilitationCentrescheduledforSeptember,2018.
INTERFACE
Meeting with Director General, DGT, MSDE, GoI
Mr. Vishal Jindal, Chairman, Skill DevelopmentCommittee,PHDChambermetMr.RajeshAggarwal,
DirectorGeneral,DirectorateGeneralofTraining,MinistryofSkillDevelopmentandEntrepreneurshiponAugust2,2018 at Kaushal Bhawan, NewDelhi. Initiatives beingtakenbyPHDChambertoupskilltheyouthofthenationwerediscussedinthemeeting.
Meeting with Additional Director General of Forest, Ministry of Environment, Forest and Climate Change
APHDChamberdelegationledbyMr.BinayKumar,Former President and Chairman, Task Force ofSmart City alongwithMr.Mohit Jaura, Senior Asst.SecretarymetMr.ManmohanSinghNegi,AdditionalDirector General of Forest, Ministry of Environment,Forest and Climate Change on August 2, 2018 atNewDelhi.Themeetingwastodiscussaboutonlineapproval issues, Environment policy and futureprospectsforopeningupafloatinghotelinVaranasi.
PHD Chamber Bulletin September 2018 | 75
Meeting with Joint Secretary, Department of Commerce and Industries & Director, Directorate of Industries, Govt. of Chhattisgarh
APHD Chamber delegation led byMr. ShashankRastogi, Co-chairman, Chhattisgarh CommitteealongwithMr.SumitDubey,ResidentDirectormetMr.AnuragPandey,IAS,JointSecretary,DepartmentofCommerceandIndustries&Director,Directorateof Industries, Govt. of Chhattisgarh onAugust 30,2018atNayaRaipur.
Meeting with Ambassador of Bulgaria in India
APHD Chamber delegation led by Mr. Mohit Jain,Chairman, International Affairs Committee forCentralEuropealongwithMr.YogeshSrivastav,PrincipalDirector and Mr. Niraj, Secretary, International Affairsmet H.E. Mr. Petko Doykov, Ambassador of Bulgariain India on August 29, 2018 at New Delhi. Mr. IliyaDekov, Counsellor, Head of Commercial & EconomicDepartment, Embassy of Bulgaria in India was alsopresent.
Meeting with RAS, Dy. Commissioner, Rajasthan Council of Secondary Education, Govt. of Rajasthan
APHDChamberdelegation ledbyDr.TeennaSawhney,Chairperson,SkillDevelopment,EducationCommittee,RajasthanChapteralongwithMs.RachnaSingh,RegionalDirector,PHDRajasthanChaptermetMs.TulikaSaini,DyCommissioner,RajasthanCouncilofSecondaryEducationonAugust1,2018atShikshaSankul,Jaipur.ThepurposeofthemeetingwastodiscussprospectiveprojectsonSkilldevelopmentandhowPHDChambercouldpartnerwiththegovernmentintheirproject‘GyanSankalp’.
Meeting with Additional Director, Directorate of Women Empowerment, Women and Child Development Department, Govt. of Rajasthan
APHD Chamber delegation led by Dr. ShrutiPoddar, Chairperson, Rajasthan Chapter alongwith Ms. Katyayani Agarwal, Member, ManagingCommittee, Rajasthan Chapter and Ms. RachnaSingh, Regional Director, Rajasthan Chaptermet Ms. Renu Khandelwal, Additional Director,Directorate ofWomen Empowerment,Women andChildDevelopmentDepartment,Govt.ofRajasthanandMs.DivyaSanthanam,StateYouthConsultant,UNFPAandMs.AbhilashaSoodofUNWomenonAugust24,2018atJaipur.
76 | PHD Chamber Bulletin September 2018
Economy not in abyss: few suggestions to mitigate the impact of external challenges
Indianeconomyispassingthroughaverychallengingtimeasgrowthhascometothe high road on the back of dynamicreforms undertaken by the Governmentduringthelastfewyears.However,externaleconomyhasposedvariouschallengestothe domestic strengths of the economyparticularly on the macroeconomicstabilityintermsofwideningtradedeficit,CAD and volatility in the financial andforeign exchange markets. This articlesuggestsfewpointstomitigatetheimpactof external shocks and to strengthen thedomesticfundamentalsoftheeconomy.
GDP grows, effect of economic reforms visible The impact of dynamic reforms
undertakenbytheGovernmentduringthelast few years is becoming visible. TheGDP growth at 8.2% inQ1 FY2019 afterpostingagrowthof7.7%inQ4FY2018isanindicativeofcontinuousimprovementingrowthtrajectory.ReformsinEaseofDoingBusiness during the last four years havebolsteredthemanufacturingsectorgrowthat13.5%inQ1FY2019.Theemploymentoriented construction sector has posted
aninspiringgrowthof8.7%inQ1FY2019.The growth of agriculture, forestry andfishingat5.3%inQ1FY2019isreflectingthefocusofthegovernmentonagricultureand rural economy during the last fewyearswhichisexpectedtogoalongwayto strengthen the rural economy in thecomingtimes.Goingahead,improvementin the export infrastructure and logisticsperformancewouldgoalongwaytoboostexportsgrowthtrajectoryandaddresstherisingtradedeficit,currentaccountdeficitandstabilityintheexchangeratescenario.
SPECIAL FEATURE
Dr. S P Sharma, Chief Economist, PHD Chamberi
APRIL–JUNE(Q1)
Industry
Gross Value Added at Basic Prices for Q1 (in crore)
Percentage change Over
previous year Q1
2016-17 2017-18 2018-19 2017-18 2018-19
Agriculture, forestry & fishing 386986 398609 419747 3.0 5.3
Mining &quarrying 99129 100811 100954 1.7 0.1
Manufacturing 510673 501599 569094 -1.8 13.5
Electricity, gas, water supply & other utility services 62114 66537 71383 7.1 7.3
Construction 225077 229196 249103 1.8 8.7
Trade, hotels, transport, communication & services related tobroadcasting
517644 560913 598724 8.4 6.7
Financial, real estate & professional services 659189 714789 761405 8.4 6.5
Public administration, defence& other services 314250 356731 392211 13.5 9.9
GVA at Basic Price 2775063 2929185 3162622 5.6 8.0
Source: PHD Research Bureau, compiled from MOSPI
Abstract
Quarterly Estimates of GVA at basic price
PHD Chamber Bulletin September 2018 | 77
Impact of Global challengesTherearefivemajorexternalchallenges
to the Indian economy of which (1) Oilshock: jump in the internationalcrudeoilprices; this isamajor import itemand ishighlyprice inelasticasa resultofwhichit has a strong impact on the economyin terms of rising trade deficit, currentaccountdeficit,andincreasedcostofrawmaterials of the business firms (2) CAD(Current Account deficit): stagnation inexports;exportsareastrongdeterminantofourtradedeficit,riseincurrentaccountdeficit and impact on overall balanceof payments; hence any fluctuation inthis affects the economy adversely. (3)Rupeedepreciation:capitaloutflowsaffectforeign exchange market; deceleration inrupee leads to decline in confidence oftraders and investors and uncertainty indecision making of business firms. (4)Trade wars: new wave of protectionism,
trade war between United States andChina impacting the trade scenario ofemergingeconomiesand likelycontagionimpact on the Indian Economy throughtrade, finance and confidence channels(5) Geopolitical challenges: geopoliticaltensions between US and North Korea(Nuclear Confrontation), USA-Saudi-Iranrivalry, Rohingya Crisis-Myanmar andBangladesh, USA-Afghanistan (TalibanInsurgency) and confrontation betweenRussia and NATO members. Though thelast two challenges are not significant inthe short run, first three challenges canhave impact on the growth momentumof the economy which has come ontrack after two major historic reforms -demonetisationandtheimplementationofGST.Though the effectsof demonetisation
arestillconfusing,GSThasstartedgivingthe positive results to the manufacturing
processes. The manufacturing sector ofthecountryhaspostedawhopping13.5%growth rate in the first quarter 2018-19.The high frequency data such as the IIPnumbers formonth of July are also firmandhaveposteda6.6%growthwith thesupportofa14.3%jumpintheconsumerdurables.Thehighdoubledigitjumpintheconsumerdurables is a strong indicationof strengthening rural demand which isexpectedtobecomestrongerinviewofthecoming festive season. Also, despite theunfavourablecrudeoilprices, inflationarycondition in the economy is sill benign.WPIandCPI inflationhasbeenobserveddecelerating during the last twomonths.Flowof investments in termsofFDI is ingood shape as these have been grownupby23%inthefirstthreemonthsofthecurrentfinancialyear.Overallthedomestichealth of the economy is at the highestpoint after the Lehman crisis of 2008barringtheexternalchallenges.
The External economy so far
TrendofCrudeOilPrice(IndianBasket)vis-à-visGDPgrowth(%)
TrendofCurrentaccountbalanceasa%ofGDPvis-à-visTradeDeficit(USDbn)
TrendofRupeeexchangerateagainstUSDvis-à-visExportsgrowth(%)
TrendofDollarIndexvis-à-visRupeeexchangerateagainstUSD
Source: PHD Research Bureau compiled from various sources
Atthisjuncture, itbecomesinevitableto mitigate the impact of externalchallenges. Though short term impactcannot be ruled out in terms of volatilityinthefinancialmarketsandvolatilityintheforexmarkets but in themedium to longterm the fundamental strengths of theeconomy should be capitalized; volatilityin the external economic indicators canbe addressed with the inherent andfundamental economic strengths. At thisjuncture, our strategy should be focusedon labour intensiveproducts in termsof:(1) To stop the unwanted importswhichcanbeproducedatthehomelandwithourinherentstrengths(2)Promotionoflabourintensive products in the internationalmarkets to strengthen the export growthtrajectory.Thesetwomeasureswouldgoalongway(a)toaddressdeterioratingtradedeficit (b) Increased earning of foreignexchangetohelprupeestability.Weareanagrarianeconomyandour
agriculture sector has started posting
good growth numbers which is evidentfrom the recent growth of 5.6% in Q1(April-June)2018-19.Sothisgrowthintheagricultureeconomyisamajorstrengthatthisjuncturetoboostourfoodprocessingsector which is highly labour intensiveandhaspotential toabsorbskilled,semi-skilledandunskilledworkforce.Itmaybementionedthatglobalagricultureandfoodimportsmarket is estimated atUS$1300billion of which India’s presence is onlyUS$30 billion. According to our latesteconomic survey of 2017-18we have apotential of US$100 billion in the worldagriculture and processed food importmarket.The other promising labour intensive
areasaretextileandapparels,leatherandleather products along with handloomsand handicrafts. Promotion of exports ofIT and ITEs which has also become ourmajorstrengthduringthelastfewdecadeswouldbecrucialtoincreaseourvolumesvis-a-visrevivalofgrowthintheadvanced
economies which are our main andtraditional export destinations. Majorly,facilitations to these sectors wouldenhancetheexportvolumes,boostgrowthtrajectory and help the overall currentaccountbalancetoimproveandstabilize.Reformsintheconstructionsectorcan
be a good promising area as the sectorhaspotentialtoattractforeigninvestmentsand to absorb a large chunk of skilled,semi-skilled and unskilled workforce.Constructionsector is thesecond largestpromising sector of the Indian economywhichhaspotentialtogrownotonlyintheshorttermbutalsointhemediumtolongrunfromyearstodecades.In a nutshell, strengthening of the
domestic economy with more and morereforms in the labour intensive sectorssuchastextiles,handicrafts,andhousing&constructionwouldmitigate the impactofemergingglobalchallengesandpavethewayforastrongandsustainableeconomicgrowthtrajectory,goingforward.
78 | PHD Chamber Bulletin September 2018
Policy Pronouncements and DevelopmentsGOI and World Bank sign US$ 300 million agreement for scaling up India’s Energy Efficiency Program
TheGOIandtheWorldBanksignedaUS$220 million Loan Agreement and a US$
80millionGuaranteeAgreementfortheIndiaEnergy Efficiency Scale-Up Program. TheProgram, to be implemented by the EnergyEfficiency Services Limited (EESL) will helpscale-up the deployment of energy savingmeasures in residential and public sectors,strengthen EESL’s institutional capacity andenhanceitsaccesstocommercialfinancing.TheAgreementfortheprojectwassignedbyMr. Sameer Kumar Khare, Joint Secretary,DepartmentofEconomicAffairs,MinistryofFinance,onbehalfoftheGovernmentofIndiaandMr.HishamAbdo,ActingCountryDirector,WorldBankIndia,onbehalfoftheWorldBank.
India and China unite to seek cuts in developed nations’ farm subsidies
India and China have together demandedat the World Trade Organization thatdeveloped economies lower farm subsidiesto their farmersunder theagreedmultilateraltrade rules. The two have proposed thatdeveloped economies including the US,the EU and Canada do awaywith US$ 160billion of trade-distorting farm subsidiesthat they give to products including cotton,woolandtobacco.Theyhaverecommendedthat half the difference between the actualsupportand10%AggregateMeasurementofSupportbereducedin2019withequalsteps.
MoU between India and US in insurance regulatory sector
The Cabinet has approved the signing ofa MoU between Insurance Regulatory
and Development Authority of India andthe Federal Insurance Office, US. The MoUprovides a framework for cooperation andcoordination, including for the exchangeof information and research assistancewith respect to each Authority’s overviewand other lawful responsibilities. Under theagreement,bothcountriesintendtosharetheirexperiences on various regulatory functionsand provide mutual assistance includingtraining activities. India and US have alsoagreed to continue to facilitate cooperationon international standard-setting activities,financial stability and implementationof consumer protection through soundprudential regulationof the insurancesector.
MoU amongst BRICS Nations on Regional Aviation Partnership
The Cabinet has approved the signing ofMoU amongst BRICS Nations on the
Regional Aviation Partnership Cooperationviz. Brazil, Russia, India, China and SouthAfrica. This MoU will help BRICS countriesforestablishingofan institutional frameworkto cooperate in the field of civil aviation.Areasofcooperationthathavebeenidentifiedinclude:PublicPoliciesandbestpractices inregionalservices;RegionalAirports; Airportinfrastructuremanagementandairnavigationservices; Technical cooperation betweenregulatoryagencies; Innovation;EnvironmentSustainability and Qualification and Training.
Trade Cooperation Framework between India and Rwanda
The Cabinet has given its ex-post factoapproval for the trade cooperation
framework between India and Rwanda. Thetrade cooperation framework signed onJuly 23, 2018will facilitate better trade andeconomicrelationsbetweenthetwocountries.
Second Protocol Amending India – Singapore CECA Signed
IndiaandSingaporehavesignedtheSecondProtocol amending the ComprehensiveEconomic Cooperation Agreement (CECA)in New Delhi. The CECA was the firstcomprehensive agreement covering trade ingoods,servicesandinvestments,whichIndiahad signedwith any of its trading partners.SigningoftheSecondProtocolformallybringstoclosure,thenegotiationsonsecondreviewof CECA, which began in May, 2010. Indiaand Singapore have successfully reachedmutual understanding and agreement inclosingthesecondreview.Bothsidesagreedtoexpandthecoverageoftariffconcessions,liberalize the Rules of Origin, rationalizeProductSpecificRulesandincludeprovisionson Certificate of Origin and Cooperation onits verification. These measures will furtherfacilitate trade between India and Singaporeand also improve utilization of CECA.
MoU between India and Indonesia on Scientific and Technological Cooperation
TheCabinethasapprovedaMoUbetweenIndia and Indonesia on Scientific and
Technological Cooperation. The objective
of the MoU is to promote cooperationin the fields of science and technologybetween India and Indonesia on the basisof equality and mutual benefit. The stake-holders will include researchers fromscientific organizations, academia, R&Dlaboratories and companies from India andIndonesia. Information and CommunicationTechnology; Marine Science & Technology;LifeSciences; WaterTechnologies;DisasterManagement; Space Sciences, Technologyand Applications; Geospatial Informationand Applied Chemistry were identified aspotential areas for immediate collaboration.
MoU between India and Indonesia on cooperation in the field of pharmaceuticals
The Cabinet has given its ex-post factoapprovalfortheMoUbetweentheCentral
Drugs Standard Control Organization, Indiaand National Agency for Drug and FoodControl Indonesiaoncooperation in the fieldof pharmaceutical products, pharmaceuticalsubstances,biologicalproductandcosmeticsregulatoryfunctions.TheMoUsignedinMay,2018 in Jakarta is expected to forge betterunderstanding about each other’s regulatoryrequirementsandwouldbebeneficialtoboththe countries. It could also facilitate India’sexport of pharmaceutical products. It willfacilitate better understanding between theregulatory authorities of the two countries.
Invest India and Business France Sign MoU to Promote Investment
InvestIndiaandBusinessFrancehavesignedan MoU to promote investment facilitationand cooperation between startups of IndiaandFrance.Thegoalwillbetofacilitatedirectforeign investment by providing practicalinvestment information to enterprises andsupport the companies pursuing thoseopportunities which contribute positivelyto economic growth of the two countries.
MoU between India and Indonesia on Health cooperation
The Cabinet has approved the signingthe MoU between India and Indonesia
on health cooperation. The MoU coversresearch and development, activepharmaceutical ingredients and IT-basedmedical equipment; human resourcedevelopment and health services.
ECONOMY WATCH
PHD Chamber Bulletin September 2018 | 79
ECONOMY WATCH
MoU between India and Cuba in the field of Medicine and Homeopathy
The Cabinet has given its ex-post factoapproval for theMoU between India and
CubaoncooperationinthefieldofTraditionalSystemsofMedicineandHomeopathy.Thiswillbeofimmenseimportancetobothcountriesconsidering their shared cultural heritage.
GOI launches an array of initiatives towards strengthening the skills ecosystem
The Ministry of Skill Development andEntrepreneurship announced an array of
initiatives towards strengthening the skillsecosysteminIndia.Toensurestandardizationof trainingand learningacrossallprograms,DGT has aligned its courses with NationalSkills Qualifications Framework (NSQF), acompetencybasedframework.Thiswillhelpcreate a standardized skilled workforce withhighdegreeofhorizontalandverticalmobility.A tripartiteMoUsignedbetweenDGT,NSDCand Adobe India will follow the launch ofAdobeDigitalDisha-aprogramfocusedonhelpingPradhanMantriKaushalKendrasandITIs to leverage the power of Adobe Sparkto integrate creativity and digital literacy intoclassrooms and curriculum, encouragingstudents to develop essential skills neededfor jobs in thedigital era. AMoUwasalsosigned between National Skill DevelopmentCorporation and IBM India to address thedemand of skilled workforce in futuristicjob roles. Providing students with career-oriented training program on technologieslike AI, Cloud, Big Data, Cybersecurityetc., will better prepare millennials for newjobs. For the first time, affiliation has beengranted to an ITI in Pune Cantonment for 5trades. MSDE plans to open similar ITIs inotherCantonmentareas.AffiliationhasbeengrantedtoanITIbeingrunbyBlindPeople’sAssociation- Ahmedabad. Special Divyangfriendly tradeshavebeenaffiliated in the ITI.
India to add 225 Gw renewables by 2022
Buoyant with rapid growth of renewableenergy in India, the government is
aiming to add 225 Gw by 2022. India’scurrent renewable-based power capacitystands at 70 Gw, and will cross the 175-Gw target well before 2022. Schemeslike offshore wind, floating solar, will helpIndia to over-achieve the current target.
Govt may weed out another 100,000 shell companies
TheMinistryofCorporateAffairssentshowcause notices to 225,000 companies
during the first phase of its crackdown onshellcompanies.Ofthese,70,000havebeenstruck off and another 1 lakh will soon go.
The government will soon launch a secondattackonatleastonelakhfirmstoweedoutshell companies. The first list of suspectedshell companies had around 3 lakh entities.The Ministry has frozen bank accounts offirms that have been struck off and all theirtransactions scrutinized. The CorporateAffairs Ministry has launched a mega KYCdrive for company directors, in which theyhave to provide passport, PAN number andcontact details such as personal phonenumber and email addresses by September15.Shellorpapercompaniesseektooperateoutside regulatoryboundaries andareunderthe authorities’ lens for allegedly servingas conduits of undisclosed funds to evadetaxes.Presently,thegovernmentistryingtotrace the directors of vanishing companies.All vanished companies had filed IPOs butnevergotlistedontheboursesormaintainedregisters at the address, according to stockexchanges and Registrar of Companies.
Indian Coffee in High Demand abroad
Indian Coffee is considered to be one ofthe best coffees in the world due to itshigh quality and fetches high premium inthe international markets. India’s coffeeexportsreachedanall-timehighof3.95lakhMetric Tons during 2017-18. The demandof Indian coffee has increased in Germany,Indonesia,US,Poland,Libya,Spain,Tunisia,Ukraine, ItalyandBelgium.Thedemandandconsumption in domestic market is about25-30percentofcountry’scoffeeproductionand therefore, does not drastically impactthe pricesof coffee in the domesticmarket.
GOI launches a web portal “Rail Sahyog”
Indian Railways, with its vast network andpresence across the length and breadth ofthecountry,hasalwaysbeenattheforefrontto serve the society. Inspired by the visionofHon’blePrimeMinisterforaNewIndiaby2022, Railways is taking various initiativesfor upgrading its infrastructure, technology,hygiene among host of other things for anenhanced passenger experience. In thisregard,theMinisterofRailwaysandCoal,Mr.Piyush Goyal launched a web portal www.railsahyog.in The web portal will providea platform for the Corporates and PSUsto contribute to creation of amenities at/near Railway Stations through CSR funds.
Curtain raiser: INDO-US joint military exercise Yudh Abhyas 2018
As part of the ongoing Indo-US defencecooperation, a joint military training
ExerciseYudhAbhyas2018 is scheduled tobeconductedinthefoothillsofHimalayasatChaubattiainUttarakhand,September16-29,2018.Thiswillbethe14theditionofthejointmilitary exercise hosted alternately by both
countries. The joint exercise will simulate ascenariowherebothnationswillworktogetherin counter insurgency and counter terrorismenvironment in mountainous terrain underUnitedNationcharter.Thetwoweekexercisewill witness participation of about 350personneloftheUSArmyandsimilarstrengthoftheIndianArmy.Theexercisecurriculumisprogressivelyplannedwhere theparticipantsare initially made to get familiar with eachother’s organizational structure, weapons,equipment, confidence training and tacticaldrills.Subsequently, the trainingadvances tojointtacticalexerciseswhereinthebattledrillsofboththearmiesarecoherentlyunleashed.Thetrainingwillculminatewithafinalvalidationexercise in which troops of both countrieswill jointly carry out an operation againstterrorists in a fictitious but realistic setting.
World Bank to support Electricity Distribution Sector Reforms in Rajasthan
The state government of Rajasthan andtheWorldBank signed aUS$250million
Development Policy Loan to support thegovernment of Rajasthan in improving theperformance of its Electricity DistributionSector under the State’s 24x7 Power for allprogram. The Electricity Distribution Utilities(DISCOMs) in Rajasthan provide electricitytoabout9.5millioncustomers.TheprogramwillstrengthenGovernanceintheDistributionSector in the State by establishing AnnualPerformance MoUs between the DISCOMsand the State Government; put in place aPerformance Management System; provideincentives to employees for improvingperformance; Financial Restructuring andrecovery in the Sector by transferringconsiderable amounts of the DISCOMs debtto the State; bringing in more discipline inthe revenue requirements of DISCOMs;taking initiatives to reduce costs of energyprocurement; and improve the operationalperformance of the DISCOMs throughinitiatives like publishing feeder level energyauditsandincreasedusageofITamongothers.
Government announces measures to rescue sliding rupee
The government announced measuresit intends to take to halt the rupee slide
and address the underlying issue—thewidening current account deficit. An inflowof $8-10 billion is seen as immediateimpact but the measures are aimed atturning around sentiment and building onthe recovery. These measures include :
1.EasierExternalCommercial Borrowings(ECBs)
2.MoreZingForMasalaBonds
3.NoHedgingForInfrastructureECBs
80 | PHD Chamber Bulletin September 2018
Workshop on Time and Stress Management
Interactive session on Recent Developments & Practical Issues under GST
Dr. Ajit Varwandkar, Director, myaglakadam.com and FS Management Pvt. Ltd.; Mr. Veenu Jain, Chairman, Chhattisgarh Committee, PHD Chamber; Mr. Pradeep Gupta, IPS, IG, Police, Raipur; Mr. C.M. Krishna, Project Director, PHD KAS Foundation and Mr. Shashank Rastogi, Co-chairman, Chhattisgarh Committee, PHD Chamber
Mr. Vivek Pratap, IAS, Excise and Taxation Commissioner, Department of Excise and Taxation, Govt. of Punjab addressing the participants
Participants
PHD Chamber in collaboration withKAS Foundation Germany organized
a workshop on ‘Time and StressManagement’onAugust3,2018atRaipur.Mr. C.M. Krishna, Senior Advisor,
PHD Chamber and Project Director, KASFoundation Germany gave a detailedpresentation to understand the utility oftimemanagement.Dr. Ajit Varwandkar Director,
myaglakadam.com and FS ManagementPvt. Ltd. explained ways to live a stressfreelifeandtheresultofpositivethinkingthroughvariousexamples.
PHD Chamber in collaboration withKonrad-Adenauer-Stiftung (KAS),
Germanyorganizedaninteractivesessionon ‘Recent Developments & PracticalIssues under GST’ on July 27, 2018 atMohali.Mr.R.S.Sachdeva,Chairman,Punjab
Committee, PHDChamber said that GSTintroduction has been a noteworthy stepinthefieldofindirecttaxreformsinIndia.Chief Guest, Mr. Vivek Pratap, IAS,
Excise and Taxation Commissioner,DepartmentofExciseandTaxation,Govt.of Punjab appreciated the Trade andIndustryinPunjabforembracingGSTandstated that compliance levels and returnfilingpercentagecontinues tobehigh fortheStateofPunjab.Dr.ManjotKaur,DeputyCommissioner,
GST Division Derabassi I, Central GSTCommissionerate;Ms.HarinderKaurBrar,Joint Commissioner, Excise and TaxationDepartmentandMr.ParamjitSingh,AETC,DepartmentofExciseandTaxation,Mohaliwerealsopresentontheoccasion.
Adv. Pawan K Pahwa, Chairman,Punjab State Taxation Committee, PHDChamber & Partner, Panacea LegalServices, Chandigarh stated that theCouncil in its 28th meeting on July 21,2018 proposed various amendmentsin GST Law to remove ambiguities andglitches on the representations of tradeandindustry.Mr. Praveen Kashyap, Director-
Grant Thornton India LLP’mentioned thepractical challenges being faced by the
Mr.PradeepGupta, InspectorGeneralof Police was the special guest at theworkshop. Others present were Mr.Veenu Jain, Chairman, PHD Chamber,Chhattisgarh Committee; Mr. ShashankRastogi, Co-chairman, PHD Chamber,ChhattisgarhCommittee,OfficersofPoliceDepartment, college students, journalistsandrepresentativesfromtheindustries.Mr. Sumit Dubey, Resident Director,
Chhattisgarh Committee, PHD Chamberdeliveredtheformalvote-of-thanksto theguests.
industry such as anti-profiteering ande-way bill that shifts the focus on to thecomplianceandadministrativeglitches intheGSTlaw.CMAAnilSharma,Secretary,Northern
India Regional Council, ICMA presentedthe challenges faced in GST Audits andindustry’spreparednessforthesame.Mr. Karan Gilhotra, Co-chairman,
Punjab Committee, PHD Chamberdeliveredtheformalvote-of-thanksto theguests.
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PHD Chamber Bulletin September 2018 | 81
HEADWAY / Skill Development Initiatives
Workshop on Digital Transformation, IT Security and Cyber Laws
Mr. Anil Khaitan, President, Mr. R G Dwivedi, Regional Director, MP; Dr. Mahesh Reddy, SG-Designate, PHD Chamber, Mr. Vishwas Sarang, State Minister for Co-operation and Rural Development, GoMP, Mr. Subhash Vithaldas, Director, Permali Wallace P Ltd and Chairman MP Committee and Mr. Vivek Seigell, Principal Director, PHD Chamber
The Madhya Pradesh Committee ofPHD Chamber in association with
KonradStiftungGermany(KAS)organizeda workshop on ‘Digital Transformation,IT Security and Cyber Laws’ on August7, 2018 at Hotel Courtyard by Marriott,Bhopal.Mr. Anil Khaitan, President, PHD
Chamberstatedthattheworkshopwastomake business enterprises aware aboutdigital business transitions and the needfor workforce digital literacy, which isincreasingtheneedforITleadersthathelpemployeesboostdigitaldexterity.Chief Guest, Mr. Vishwas Sarang,
StateMinister forCo-operationandRuralDevelopment,GoMPstatedthat theGovt.of Madhya Pradesh has a proactiveapproachfordigitalizationwithinthestateamong the Government organizations,PSUsandotherinstitutions.HesaidStateGovernment is creating world class ITinfrastructure in the statewhichwill helpindustriestocompeteglobally.Mr.UrveshGoel,Sr.FellowDYZRUPT
Technologies New Delhi elaborated indetail about the benefits and usage ofcloudcomputing,Web2.0,3Dprintingfor
manufacturingandalliedindustries.Mr. Swapnil Tripathi, CEO, My Skills
Pvt.Ltd.highlightedtheopportunitiesandchallenges in Digital Transformation forManufacturingEnterprises.Mr. Subhash Vithaldas, Director,
Permali Wallace P Ltd. and Chairman,MPCommittee,PHDChamberstatedthatpresent and future shifts and changes,leading to the necessity of a fasterdeployment of a digital transformation
strategy,canbeinducedbyseveralcauses,often at the same time, on the levels ofcustomerbehaviorandexpectations,neweconomic realities, ecosystem/industrydisruptionandemergingorexistingdigitaltechnologies.Dr.MaheshReddy,SG-Designate,PHD
Chamber andMr. Vivek Seigell, PrincipalDirector PHD Chamber, New Delhi werealso present at the workshop. Mr. R. G.Dwivedi,RegionalDirector,PHDChamber,MadhyaPradeshconductedtheworkshop.
Seminar on Importance of Intellectual Property Rights in Innovation Management
Dr. Basavaraj P. Donur; Controller of Examinations; Indira Gandhi National Tribal University, Amarkantak; Mr. Sandeep Aggarwal, Director, Adastra IP; Ms. Kanchan Zutshi, Secretary, MSME Committee, PHD Chamber and Ms. Anju Bajaj, Chairperson, MSME Committee, PHD Chamber; Dr. Prasan K Samal , Dean , Tribal Studies, Indira Gandhi National Tribal University, Amarkantak; Dr. Prof. N.S. Hari Narayana Moorthy, Dean, Academics, Indira Gandhi National Tribal University, Amarkantak, Mr. Mithilesh Kumar, Joint Secretary, MSME Committee, PHD Chamber and Dr. Mandira Roy, Director, Adastra IP
TheMSMECommitteeofPHDChamberand PHD-KAS Co-operation Project
with Indira Gandhi National TribalUniversity, Amarkantak, Madhya Pardeshorganized a seminar on ‘Importance ofIntellectual Property Rights in InnovationManagement’ on July 26, 2018 at IndiraGandhiNationalTribalUniversityCampus,Amarkantak, Anuppur District, Madhya
Pradesh.Dr.BasavarajP.Donur,Controllerof Examinations of the UniversityemphasizedthatawarenessofIPRisveryimportant particularly in countries likeIndiawhereforeignerstakepatents.Prof. N.S. Hari Narayana Moorthy,
Dean, Academics, of the Universityhighlighted the importance of Knowledge
generatedintheuniversitiesforthegrowthof the economy. Ms. Anju Bajaj, MSMECommittee,PHDChambermentionedthatPHDChambershall behappy tobecomeastrategicpartnerwhowillhandhold thelocal industry association in facilitatingandprovidingtraininginnotjusttechnicalskillsbutalsosoftskillsorcommunicationskills,preparingstudentstotransformintoworkers.Dr.Mandira Roy, Director, Adastra IP
talkedaboutIPCommercialisationanditsprocess. She emphasized that UniversityIPisabigbusiness.Mr. Sandeep Aggarwal, Director,
Adastra IP gave a presentation onimportance of IPR, its issues andchallenges. He emphasized that it isimportantforaninstitutiontohaveapolicyforIPrightsasacademicinstitutionsplayavitalroleintheinnovationsector.Ms.KanchanZutshi,Secretary,MSME
Committee PHD Chamber proposed avote-of-thankstotheguests.
82 | PHD Chamber Bulletin September 2018
Interactive session on Recent Developments & Practical Issues under GST
Seminar on Drafting of Commercial Contracts and MoUs - Legal Issues
Mr. S K Rahman, Additional Director General GST New Delhi addressing the participants; Also seen: Ms. Madhu Pillai, Regional Director, PHD Chamber; Mr. Praveen Kashyap, Director, Grant Thornton India LLP; Mr. G S Bains, Joint Commissioner, Jalandhar, GST Commissionerate; Mr. Jaideep Singh, Convenor-Amritsar Chapter, Punjab Committee, PHD Chamber; Mr. Balvinder Singh Dhaliwal, Deputy Commissioner, GST Amritsar Division I and Mr. Rajesh Kumar Meena, Asst. Commissioner, Central GST Amritsar Division II
Mr. R K Joshi, Secretary, Law & Justice Committee, PHD Chamber; Mr. Aseem Chawla, Co-chairman, Law & Justice Committee, PHD Chamber; Mr. Anil Khaitan, President, PHD Chamber and Mr. Arjun Anand, Partner, Singhania & Partners LLP
PHD Chamber in association withKonrad-Adenauer-Stiftung (KAS),
Germanyorganizedaninteractivesessionon ‘Recent Developments & PracticalIssuesunderGST’onAugust10,2018atHotelRadissonBLU,Amritsar.Mr.JaideepSingh,Convenor-Amritsar
Chapter,PunjabCommittee,PHDChambermentioned that GST is a game changer,boosting ease of doing business in IndiaandthemostambitiousIndirecttaxreformsofar.Chief Guest, Mr. S K Rahman,
AdditionalDirectorGeneralGST,NewDelhishared the provisions in the new returnformat. He informed that several legalchanges have been approved in the lastcouncil meeting. The effort is to reducecomplianceburdenandcomplexities.Mr. G. S. Bains, Joint Commissioner,
Jalandhar, GST Commissionerate;Mr. Balvinder Singh Dhaliwal, DeputyCommissioner, GST Amritsar DivisionI; Mr. Rajesh Kumar Meena, Asst.Commissioner, Central GST AmritsarDivisionII;Mr.HarinderpalSingh,Deputy
PHDChamberalongwithKASorganizeda seminar on ‘Drafting ofCommercial
Contracts and MoUs - Legal Issues’ onAugust 30, 2018 at PHD House, NewDelhi.Mr. Anil Khaitan, President, delivered
the welcome address while Mr. AseemChawla,moderated thediscussion. Ms.SoniSingh,Partner,VirenderGoswami&AssociatesandMr.ArjunAnand,Partner,Singhania & Partners LLP addressedthe technical session and answered thequeriesoftheparticipants.A commercial contract refers to a
legallybindingagreementbetweenpartiesinwhichtheyareobligatedtodoorrestrainfromdoingparticular things.Commercialcontractscanbewritten,verbalorimpliedin a formal or an informal manner. Thespeakers explained that intention tocreatelegalrelationsisapartofelementsin contract. While drafting a contractinterpretation, there should be clarity ofeverysentence.The interpretationshouldnot be in twoways for both the parties.
ExciseandTaxationCommissioner(DETC)Amritsar, Department of Excise andTaxation,Govt.ofPunjab;Ms.AmandeepKaur, AETC Amritsar Division I and Mr.Rajpal Singh, AETC, Amritsar Division IIwere also present on the occasion andanswered the queries of the industrymembers.Mr.PraveenKashyap,Director, Grant
ThorntonIndiaLLP’,theKnowledgePartner
There must be clarity as to how to takestepsincaseofbreachofcontractwhichneedstobementionedinthecontractitself.A contract has to be read, understoodand analyzed as per the wordings andexpression employed in the body ofcontractandundernocircumstancesanyartificialwordbe infusedoranadditionalmeaningcanbedrawnotherthanwhatis
and Mr. Adarsh Gupta, Manager, GrantThornton India LLP gave a presentationonthechallengesfacedinGSTauditsandindustry’spreparednessforthesame.More than 50 industry members
fromTMA;ShawlClub; FoodProcessingindustries Association; Warp KnittingAssociation; Amritsar Computer TradersAssociationandprofessionalsfrominandaround Amritsar attended and benefitedfromtheprogram.
understood ina literalmanner. Wemustusesimpleandshortsentencesasbiggersentences and difficult wordings ead todifferent interpretations, hence must beavoided. In case of contract of property,there must be registration if required.Without payment of necessary stampduty if required,wouldmakethecontractinvalid.
HEADWAY / Skill Development Initiatives
PHD Chamber Bulletin September 2018 | 83
Making MSMEs Aware about Industry 4.0
Dr. Jatinder Singh, Director, PHD Chamber; Mr. Hitesh Arora, Deputy Secretary, Haryana Technical Education Board, Govt. of Haryana; Mr. Vishal Jindal, Chairman, Skill Development Committee, PHD Chamber; Mr. Amulya Shukla, Industry 4.0 Consultant and Brig HPS Bedi, Director, PHD Chamber
PHD Chamber in association withKonrad-Adenauer-Stiftung (KAS)
of Germany organized a workshop onIndustry 4.0 onAugust 8, 2018 at PHDHouse, Chandigarh with the objectiveof addressing the growing need of SkillDevelopment in today’s time amongstthe Medium & Small Scale Industries.Theworkshopdeliberateduponconceptsof cyber-physical systems, the Internetof things, cloud computing and cognitivecomputing.Mr. Vishal Jindal, Chairman, Skill
Development Committee, PHD Chambermentioned that Industry 4.0 is thevehicle forgrowthandproductivityof theenterprises.Mr. Hitesh Arora, Deputy Secretary,
Haryana Technical Education Board,Govt. of Haryana highlighted the workdonebyhisdepartmentintheareaofskilldevelopment.Mr. Punit Pandey, Senior Manager,
Ernst & Young while sharing successfulcase studies of companies havingadopted4.0remarkedthatIndustry4.0isa collective term for the new technologylike 3 D Printing, Sensors, AdvanceRobotics, IOT, AR, AI, Big Data andadvance analyticswhich are significantlychanging the manufacturing landscapes.
Many Indian companies have startedexploring application of Industry 4.0 intheiroperations.Majorchallengesincludeavailability andaccess to talent, a strongsupplier and technology provider ecosystem.Prof.GeetikaMalikChandra,Assistant
Professor,GurugramUniversitydeliberatedupon the importance of 4.0 and alsoremarked that as an academic institutethey are working towards bridging thegap between academia and Industry byprovidingthestudentswithnewadvancedcoursesandalsosettinguplabsforbetterpractical knowledge keeping in mind thecurrentindustryrequirements.
Workshop on Time & Stress Management
Participants with Faculty Mr. CM Krishna, Hony Advisor, PHD Chamber and Mr. Atul Sharma, Head, Trainer Corp
UnderthePHD-KASCooperationProject,PHD Chamber organized a workshop
onTime&StressManagementonAugust17,2018atPHDHouse,NewDelhi.Mr.CMKrishna,HonoraryAdvisor,PHDChamber,Fellow & Advisor, World Academy ofProductivity Science, Former President(Personnel) Crompton Greaves Ltd andDirector(P&A)HindustanAeronauticsLtd.andMr.Atul Sharma,Head, TrainerCorpwerethefacultyfortheworkshop.The workshop was highly interactive
and focussed on different approaches totime management, debunking the mythaboutworkingharder,smarterandfastertogainsuccess.Further,facultyemphasisedthatinsteadofmanagingtime,oneshouldmanagehimselfandtimewillgetmanagedautomatically. Inshort, timemanagementto life leadership. The participants were
able to understand the linkage betweentimemanagement and stress. Theywerealso exposed to the understanding as
to how, if unchecked and not managedeffectively, time can have far reachingrepercussionsonthelivesofpeople.
Dr. Jatinder Singh, Director, PHDChamber opined that the changingscenario requires a strong industry &academia interface so as to reduce thedemandandsupplydifference.BrigHPSBedi,Director,PHDChamber
mentioned that PHDChamber isworkingactively on skill development in theregionofChandigarh,Haryana,HimachalPradesh&Punjab.He further added thatthe Chamber shall be conducting moresuchworkshopsacrosstheregion.The event was attended by nearly
50 senior and middle level MSMEs,entrepreneurs, executives, businessprofessionals, entrepreneurs and salesandmarketingprofessionals.
84 | PHD Chamber Bulletin September 2018
PHD Chamber Bulletin September 2018 | 85
PHD FAMILY WELFARE FOUNDATION (PHDFWF)Celebration of 89th birthday of legendary singer Kishore Kumar
MoU Signing between PHD Chamber and DUSIB Skill Development Center in Sarai Kale Khan, Delhi
PHDFWF inassociationwithYOODLEEYOKARAOKECLUBorganizedaMusicalNite“WAADONKISHAAM” tocommemorate thebirthdayoflegendarysinger,KishoreKumaronAugust4,2018atPHDHouse,NewDelhibyMr.DebuMukherjeeandhisteam.The
inaugurallampwaslitbyMr.AnilKhaitan,President,PHDChamber,Ms.AnuradhaGoel,ChairpersonPHDFWF,Ms.KarunaShriram,Co-chairperson,WCDCommitteeandMr.DebuMukherjee,Vice-President,YoodleeyoKaraokeClub.Mr.SatpalNarangwasthemasteroftheceremony.WellknownpopularsongsofKishoreKumarwerebeautifullysungbysingerswhichenthralledanaudienceofmorethan300.
PHD Chamber and Delhi Urban ShelterImprovement Board signed a MoU
on August 16, 2018 at DUSIB office,New Delhi to start a Skill DevelopmentTraining Centre at Sarai Kale Khan Nightshelter. TheMoUwassignedbyMr.AnilKhaitan, President, PHD Chamber in thegracious presence of Mr. Vishal Jindal,Chairman, Skill Development Committee,PHDChamber,Mr.N.HSharma,Director,NightShelter,DUSIB,Govt.ofNCTDelhi,Senior officials from DUSIB and PHDChamber&PHDFWF.TheimplementationoftheprojectwillbedonebyPHDFamilyWelfare Foundation. The Centre willprovide training in tailoring&embroideryandbeautyculture to thebeneficiariesofthe Sarai Kale Khan DUSIB night shelter.Apart from the training, thePHDFWFwillorganize motivational talk and generalawareness camps under the project. Inall,31beneficiarieshaveenrolledforboth
HEADWAY / Towards Inclusive Growth
thecourses.Theprojectaimstogive thebeneficiaries an opportunity to come to
themainstreamtomakethemselvesself-relianttoearntheirlivelihood.
86 | PHD Chamber Bulletin September 2018
HEADWAY / Towards Inclusive Growth
Certificate Distribution Ceremony at L & T, FDB Skill Development Training Centre, Jaitpur
Hindustan Tin Works Skill Development Training Centre, Lal Kuan, Badarpur
PHDFWF-WRG Skill Development Training Center in Rangpuri Pahari, Vasant Kunj
OnJuly31,2018,48certificatesweredistributed to thebeneficiarieswhohavecompleted their twomonthsadvancecourse intailoringunderPHDFWF-PrayasTrust-Larsen&ToubroLtd.,FaridabadSkillDevelopmentprojectatJaitpur,NewDelhi.Aculturalbonanzawasorganizedwhereinbeneficiariesperformedeye-captivatingperformances.SeniorofficialsfromPrayasandL&TLtd.&PHDFWFapplaudedtheeffortsofthetrainerandbeneficiariesandencouragedthemtodeveloptheirskillsandtalents.
PHDFWFhas been running aSkill Development TrainingCentre in Lal Kuan,Badarpurwith financial support fromHindustan TinWorksLtd.ThiscentrewasearlierlocatedinMangwakivillage,Pataudiwhichhasnowbeenshiftedtothisnewlocation.Trainingin
computereducation&beautycultureisbeingprovidedinthecentre.
PHDFWFhasbeenrunningaskilldevelopmenttrainingcenterwithfinancialsupportfromWomenRehabilitationGroup(WRG),USAinRangpuriPahariresettlementcolony,VasantKunj,NewDelhi.Thiscenterisprovidingtrainingincomputereducation,tailoring&
embroideryandEnglishspeakingclasses.Total75traineesareavailingtraininginallthethreecourses.
PHD Chamber Bulletin September 2018 | 87
Distribution of Free Spectacles at Dhaula Village, Gurugram, Haryana
PHDFWF- Seth Madanlall Palriwala Foundation Mobile Medical Van
PHDFWF- Jaquar Foundation Mobile Medical Van
PHDFWForganizedafreeeyecheckupcamponJuly24,2017at Dhaula Village, Gurugram, Haryana where 85 patients
benefitted from the camp. About 51 free spectacles were alsodistributedtothepatientswhorequiredspectacles.
PHDFWF-Goyal MG Gases Pvt. Ltd. - Shree Charitable Trust-Skill Development Training Centre, Badli Ext., Rohini
PHDFWFhasbeenrunningaskilldevelopmenttrainingcentreatBadliExt.,RohiniwithfinancialsupportfromGoyalMGGasesPvt.Ltd&ShreeCharitableTrust.Presently76traineesareavailingtrainingincomputereducation,tailoringandbeautyculture&adult
educationatthecentre.
Inall, 19 free health check-upcampswereorganized in different rural areasofHaryana,UttarPradesh, and slumsofDelhi. Freediagnosticcare,clinicalservicesandmedicineswereprovidedtothepatients.Atotalof1682patientsbenefittedfromthesecampsduringthismonth.
During this month, 16 free health check-up camps wereorganized indifferent villagesofHaryanaadoptedbyJaquar
Group.Freediagnosticcare,clinicalservicesandmedicineswereprovidedtothepatients.Inall,1035patientsbenefittedfromthesecamps.
PHDFWF-Aruna Abhey Oswal Trust –Mobile Medical Van
PHDFWF-DSACS Target Intervention Project on HIV/AIDS
PHDFWFisrunningamobilemedicalvaninassociationwithHolyFamilyHospitaldonatedbyArunaAbheyOswalTrust.Freehealthchecks-upcampsarebeingorganizedinOkhlaresettlementcolonies,JamiaNagar&IKVcentresonaregularbasis.
120ICTC,88RPR4reviewmeetings,8demandgenerationmeetings,and2DICmeetings,werealsoconducted.360patientsattendedtheSTIclinicservices,12PTand8STIpatientswereidentifiedunderthisprojectduringthismonth.
88 | PHD Chamber Bulletin September 2018
HEADWAY / Towards Inclusive Growth
PHDFWF-SMPF Skill Development Center, Vinodpuri
PHDFWF-ITE Foundation Trust-Skill Development Centre, Noida
Nursing Assistant Training Centres at Vinodpuri & South Rohini
PHDFWF-FENA Skill Development Training Centre
Presently,123 traineesareavailing trainingon tailoring&embroidery,beautyculture&henna,nursingassistanceandcomputereducationundertheproject.SHGmeetingsandawarenessgenerationprogrammewerealsoorganizedduringthismonth.
Presently,53traineesareavailingtrainingintailoringandbeautycultureatthecentre.Traineesaremakingdifferentembroidery
designs on fabrics and earning their livelihood. One awarenessgeneration programme was also organized during this periodundertheproject.
PHDFWF is providing training in Nursing Assistance at SouthRohini&Vinodpuricentres.Presently54traineesareavailing
trainingatboththecentres.
Presently,110girlsandwomenareundergoingtrainingintailoringandbeautycultureatTekhandvillage,OkhlaPhase-I.ThecentreisbeingsupportedbytheFenaFoundation.
PHD Chamber Bulletin September 2018 | 89
PHD RURAL DEVELOPMENT FOUNDATION (PHDRDF)
PHDRDF SCHOOL DEVELOPMENT
PHDRDFhasbeenactivelyworking towards improvingqualityandstandardofschooleducationand literacybysupporting theexistingGovernmentschoolsindifferentstates.
PHDRDF - Meeting of Members of Governing Body
PHDRDF held its Governing Body Meeting on August9, 2018 at PHD House, New Delhi. Mr. Sanjay Bhatia,Chairman,PHDRDFledthemeeting.Someofthememberswho attended the meeting included Mr. Anil Khaitan,President, PHDCCI, Mr. D.K. Agarwal, Vice President,PHDCCI,Mr.SaurabhSanyal,SecretaryGeneral,PHDCCI,Mr.K.S.Mehta,Mr.ArunKataruka,Mr.HarishMehta andMr.RanjanDhingrafromRotary.ProjectswerereviewedandappreciatedbythemembersandabrainstormingsessionwasdonefornewinnovativeprojectsthatcanbeexecutedthroughPHDRDF.
JCI Team Visit in Village Jalalpur
PHDRDF-Governing Body Members Meeting held on 09.08.2018
Eco Rally by the students in Kiranki
A. PHDRDF- Peter Und Luise Hager Stiftung (Hager Foundation)
Holisticdevelopmentofgovernmentschools in5villagesofSikarDistrict inRajasthan, throughqualityeducationwhich includesWASHawareness,InfrastructureandHealthcare.PHDRDFandHagerFoundation,Germanyhascometogetherwiththeprojecton“WASHandQualityEducation’’inGovernmentSchoolsinSikar.DuringFY2018-19,activitieswereinitiatedinfiveGovernmentSchoolsi.e.Govt.SeniorSecondarySchool,Toda&Govt.HighSchool,Bhojmaid,Govt.UpperPrimarySchool,Kalakota,Govt.UpperPrimarySchool,BadanSinghKiDhaniandGovt.UpperPrimarySchool,Saidala. Forprovidingqualityeducationto thechildren,computer labswereestablished.ComputerandEnglishteacherswereprovidedintheseschoolsandclasseshavebeenstartedforthesession2018-19.
B. PHDRDF- Charities Aid Foundation (CAF) India -HDFC ERGO
CAFIndiapartneredwithPHDRDFfortheir‘GaonMera’Projecttore-constructthegovernmentprimaryschoolbuildinginRamanVillageofKulluDistrict,whichisalmostan80yearoldbuilding.Theworkprogressisabout90%doneandthebuildingwillbereadyinaboutamonthforthestudentstomovebacktotheschool.
Post completion of this project, the villagewill get a new school buildingwithwell equipped toilets, community hall, dining area,computerroomwithcomputers,playingequipmentsandnewlearningtools.ThebuildingisframedkeepinginmindtheneedofvillagepeopleandweatherconditionsofKullu.
C. PHDRDF- Junior Chamber International Japan (JCI) & Japan Water Forum (JWF)With the support from Junior Chamber International Japan and Japan Water Forum, PHD Rural Development Foundation is implementing
‘Smile by Water Project’. As a part of the project, community drinking water facility has been established in two villages: one in Mewat village Jalalpur in Tauru Block
and another in Pataudi block village Ramnagar. Besides this, new toilet blocks have been constructed and existing toilet facilities refurbished in three Government schools of Sohna. Behaviour change sessions are undertaken regularly with the school children through fun way learning method. Drawing competitions, eco rally, animated audio, visual presentations, educational games are being conducted for same.
PHDChamberstronglybelieves in itssocial responsibilitybeingan importantpartofbusinessphilosophy.TheFoundation takesappropriate initiatives in the areas of Healthcare & Sanitation, Education, Skill Development,Women Empowerment andWater
ConservationHarvesting.
90 | PHD Chamber Bulletin September 2018
HEADWAY / Towards Inclusive Growth
B. PHDRDF-BSES Yamuna Power Ltd.BSESYamunaPowerLtd.collaborated
withPHDRDFandhasbeenextended foranother one year to implement a MobileHealth project in Central and East Delhi.Theobjectiveof the project is to providebasic health care services to the lowincome residential clusters of East andCentral Delhi. During the project, a total144healthcampswillbeorganizedin16locationsandapprox.17,280patientswillbe benefitted. During the period, total 12health camps were organized and 1458patients were providedwith freemedicalcounselingandmedicines.
Doctor examining the Patient at one of the Health check up Camp
PHDRDF SKILL DEVELOPMENT
PHDRDF has been undertaking skill development programs with various corporate organizations with an aim to enable the under privileged youth to be economically independent. The program includes training in: stitching & tailoring, beauty culture, computer literacy including tally software, spoken English language, soft skills, etc.
PHDRDF HEALTHCARE INTERVENTIONPHDRDFhasbeenactivelyconducting
free health camps for the low incomepopulation in various geographicallocations across the country to increaseaccess tohealthcare.A teamofqualifiedDoctor,ANM,LabTechnicianandprojectcoordinatorarepresentforeachcampandareresponsibleforitssuccess.Emphasisisgivenongeneratingawarenessamongthe community on sanitation & hygiene,child & maternal health, waterbornediseases, communicable diseases andothergeographybasedmedicalproblems.
A. PHDRDF- Dhampur Sugar Mills Ltd.
A project on “FREE MOBILE HEALTH SERVICES” is being implemented with the support from Dhampur Sugar Mills Limited, Asmoli, Uttar Pradesh across 9 villages near Dhampur Sugar Mills Ltd. Asmoli. The objective is to organize Health Camp, Eye Care Camp, Women & Child Care Camp and Eye Care Camp in all selected 9 villages. During the period, total 10 Generic Health Camps, 1 Women & Child Care Camp & 1 Eye Care Camp was organized and a total of 1378 patients were benefitted. Patients were provided with free medical counseling, ECG, Blood Sugar, Hemoglobin test facility. Free spectacles were distributed in eye care camp.
Generic Health camp in Asmoli
Meeting with JCI Team
PHD Chamber Bulletin September 2018 | 91
PHDRDF WATER MANAGEMENT
PHDRDFhasbeenconstantlyworking towardsrechargingofgroundwater table throughconstructionofRainWaterHarvestingStructures.
Stitching Training At Donaldson Skill Center, Sohna
Women Mobilized for SHG in Khunti
Dam at Indore after First Rainfall Under Construction Dojda Wala Check Dam, Partapgarh
A. PHDRDF- Donaldson India Filter Systems Private Limited.PHDRDF with the support of
Donaldson India Filter Systems Pvt. Ltd.is implementing a project titled ‘SKillDevelopment of Women and AdolescentGirl’ in Mohammadpur Gujjar village,Sohna Dhani, Gurugram, Haryana. Theproject is continuously being run since2016. Around 80 girls are trained incutting&tailoringandbeautyculture.Theobjectiveoftheprogramistoequipwomenand young girls with income generationskills through skill development trainingin Cutting& Tailoring andBeautyCultureand to develop their personality throughEnglishSpeakingandSoftSkills.
A. PHDRDF-Coca Cola FoundationPHDRDF and Coca Cola Foundation, Atlanta have come
together to promote sustainable solutions for water resourcemanagementwithsurfacewaterconservationandgroundwaterrecharge through construction of six check dams in Indore,Dhar and Hoshangabad districts of Madhya Pradesh. So far,constructionofthreecheckdamshavebeencompletedanddamin district Dhar is in full progress. These check damwill hold457,950cumtsofwaterandwill impactaround7800people’slife.
B. PHDRDF – Hero Future Energies Ltd.PHDRDF and Clean Wind Power Group Company of Hero
Future Energies Ltd. have come together to construct a waterharvesting structure in district Pratapgarh of Rajasthan. TwocheckdamshavebeingconstructedinPratapgarhinthevicinityoftheirmanufacturingunit.Thesecheckdamswillbenefitaround6027peoplein3villages.Onecheckdam‘DojdaWala’isunderconstruction.Waterholdingcapacityof‘DojdaWala’CheckDamwillbe46800cubicmeter.
B. PHDRDF-TCI FoundationPHDRDF with the support of TCI
Foundation has initiated the project titled‘Enterprise Development - Low CostSanitary Napkin Production Enterprise byWomen Self Help Group’ which aims toaddress the dual purpose of economicempowerment for women and providelow cost sanitary napkin to ruralwomenandadolescentgirlsinandaroundJamharVillage,KhuntiDistrictofJharkhandthroughenterprise development of manufacturinglowcost sanitarynapkins. In furtheranceoftheimplementation,agroupofwomenhasbeenmobilizedandanSHGformationis inprocess.Thewomenwill be trainedbyanexperttrainertoestablishtheabovementionedenterprise.
92 | PHD Chamber Bulletin September 2018
NEW MoUs
S No. Name of the MoU Date of Signing
1 DubaiExports(DE) January29,2017
2 ConfederationofNepaleseIndustries(CNI) August10,2017
3 ManagementAssociationofNepal August10,2017
4 CABInternational August21,2017
5 BALKANIndianBusinessAssociation,IndianChapter,NewDelhi October16,2017
6 KuwaitChamberofCommerce&Industry October23,2017
7 IndianChamberofCommerceinSlovakRepublic November10,2017
8 HungarianChamberofCommerceandIndustry November20,2017
9 ALHILALPublishingandMarketingGroup,Bahrain November21,2017
10 FICCI(Phil)Inc. January26,2018
11 EurasianPeoples'Assembly,Moscow,Russia February28,2018
12 AlborzChamberofCommerce,Industries,MinesandAgriculture(ACCIMA) March8,2018
13 TehranChamberofCommerce,Industries,MinesandAgriculture(TCCIMA) March8,2018
14 PrivateSectorFoundationUganda(PSFU) March8,2018
15 PHDChamber&GhanaNationalChamberofCommerce&Industry March12,2018
16 NationalConfederationofEntrepreneurs(Employers)OrganizationsofAzerbaijanRepublic
March13,2018
17 AzerbaijanExport&InvestmentPromotionFoundationBaku,Azerbaijan March13,2018
18 TheAzerbaijanRepublicChamberofCommerceandIndustryBAKU,Azerbaijan March14,2018
19 TAIPEIWorldTradeCentre April17,2018
20 TheChamberofCommerce&IndustryoftheRepublicofMoldova May7,2018
21 TheNetherlandsIndiaChamberofCommerceandTrade May24,2018
22 GovernmentofAndijanCity,RepublicofUzbekistan May26,2018
23 F6SNetworkLimited June5,2018
24 KenyaNationalChamberofCommerce&Industry,Nairobi,Kenya(KNCCI) June11,2018
25 PrivateSectorFederation,Rwanda July24,2018
26 ConfederationofNepaleseIndustries(CNI) August1,2018
27 India–NewZealandBusinessCouncil(INBC) September5,2018
28 BulgarianChamberofCommerceandIndustry,Bulgaria September5,2018
29 GlobalCEOClub,SEOUL,SouthKorea September7,2018
30 AssociationofSmallandMedium-SizedEnterprisesandCraftsoftheCzechRepublic September7,2018
International
PHD Chamber Bulletin September 2018 | 93
NEW MoUs
Domestic
S No. Name of the MoU Date of Signing
1 GujaratChamberofCommerce July20,2017
2 SkyInnovationTechLabsPvt.Ltd(Signcatch) July26,2017
3 PawanHansLimited October11,2017
4 TheFederationofTelanganaandAndhraPradeshChambersofCommerceandIndustry
November20,2017
5 KalingaInternationalFoundation(KIF) December15,2017
6 IndianSocietyofHeating,RefrigerationandAirConditioningEngineers(ISHRAE) December21,2017
7 IndianPrinting,PackagingandAlliedMachineryManufacturers'Association January10,2018
8 FederationofKarnatakaChamberofCommerce&Industry February3,2018
9 SMERARatingLimited February5,2018
10 OrientalBankofCommerce March26,2018
11 TravelAgentsAssociationofIndia March28,2018
12 RajasthanStateChapterandKashmirStateChapter March29,2018
13 GuruNanakDevUniversityAmritsarPunjab April6,2018
14 GovernmentE-Marketplace April18,2018
15 TechnologyDevelopmentBoard(TDB) April25,2018
16 PunjabiUniversity,Patiala April25,2018
17 IndianYogaAssociation April29,2018
18 BioNESTatPanjabUniversity May10,2018
19 iSTART,ITDepartmentoftheStateGovt.ofRajasthan May11,2018
20 FederationofIndustryandCommerceofNorthEasternRegion(FINER) May15,2018
21 EngineeringCouncilofIndia May31,2018
22 InternationalCentreforEntrepreneurshipandTechnology(iCreate) June5,2018
23 IndiraGandhiNationalTribalUniversity,Amarkantak(MadhyaPradesh) June29,2018
24 TheEBGFederation,NewDelhi,India July12,2018
25 JawaharlalNehruUniversity(JNU) July20,2018
26 GlobalcompactNetworkIndia July20,2018
27 OFBTECHPvt.Ltd July30,2018
28 EnergyEfficiencyServicesLtd July31,2018
29 SouthernIndiaChamberofCommerceAndIndustry(SICCI) August20,2018
30 UttarPradeshBrajTeerthVikasParishad(UPBTVP) August31,2018
31 BundelkhandUniversity,Jhansi September13,2018
94 | PHD Chamber Bulletin September 2018
NEW MEMBERS
PATRON CATEGORY
Dr. S C KansalDirectorSMPPPrivateLimited
ORDINARY CATEGORY
Mr. Ayush JainProprietorApayTradingCorporation
Ms. Aditi Balbir CEOBlissInnsPvt.Ltd.
Mr. Samir BahlProprietorBrassworld
Dr. Deepika Krishna DirectorDr.KrishnasCancerHealerCenterPvt.Ltd.
Ms. Charushilla Narula DirectorEdushillaUniversityConnnectionPvtLtd
Mr. Gurpal Singh Bhumrah DirectorIndianInc.
Ms. Kanika Tekriwal CEOJetsetgoAviationServicesPvt.Ltd.
Mr. Rajesh Gupta DirectorMulticolorSteels(India)Pvt.Ltd.
Mr. Sushil Bansal FounderDirectorNovasysGreenergyPvt.Ltd.
Ms. Sabeena Khanna DirectorRajivKhanna&AssociatesPvt.Ltd.
Ms. Nazm Bilochpura DirectorSartajHotelsApartments&VillasPvt.Ltd.
Ms. Priti SinghPartnerShailEnterprises
Mr. Abhay Tandon ManagingDirectorTechnicsInfosolutionsPvt.Ltd.
Mr. Agam Choudhury CMOTempusFugitPvtLtd
Ms. Tamanna Singh DirectorUberluxConceptsLLP
Mr. Sumit Uthra DirectorV.SFibersPvt.Ltd.
Mr. Pradeep Karambelkar DirectorVisionAdvisoryServicesPvt.Ltd.
ASSOCIATION CATEGORYMr. Arun Sawhney ManagingTrusteeHumanCareFoundation
Ms. Rashi Anand FounderLakshyam
Mr. Alok Tripathi ExecutiveDirectorPetroleumConservationResearchAssociation
New Members
PHD Chamber Bulletin September 2018 | 95
SCHEDULE OF EVENTS / MEETINGS OF PHDCCI FOR August 2018S. No.
Programme Title Date Time Venue
1 Archibuild-2018 21-23 Sept. 2018 10.00 am Himachal Bhawan, Chandigarh
2 Conference on Virtual / Augmented / Mixed Reality 22 Sept. 2018 9.30 am PHD House, New Delhi
3 PHD Golf Tourism Conclave & Tournament 22-23 Sept. 2018 22 Sep- 4.30 pm onwards23 Sep- 8.00 am onwards
Srinagar, Jammu & Kashmir
4 Roundtable Discussion on Progress of Make in India: The Four Years Journey and Milestones
24 Sept. 2018 4.00 pm PHD House, New Delhi
5 GST Conclave on How to prepare and file Annual Return - GSTR 9 and Divergent Issues & Resolution for Manufacturing, Service & Trading Sector
26 Sept. 2018 10.00 am PHD House, New Delhi
6 Seminar on Renewable Energy Sources and its benefits for MSMEs
26 Sept. 2018 10.30 am The Pllazio Hotel, Gurgaon
7 PHD Himalayan Tourism Samman - Uttarakhand 2018 27 Sept. 2018 11.00 am Mussoorie, Uttarakhand
8 113th Annual Session Theme: Lets Walk our Talk : India@ 2022
28 Sept. 2018 10.00 am Dr. Ambedkar International Centre, New Delhi
9 RAC India Excon 2018 4-6 Oct 2018 10.00 am - 6.00 pm NSIC Grounds, Okhla,New Delhi
10 Infrastructure Conclave-2018 5 Oct 2018 9.45 am PHD House, New Delhi
11 National Smart Grid Conclave 9 Oct 2018 9.45 am PHD House, New Delhi
12 Seminar on Good Manufacturing Practices 11 Oct 2018 9.45 am Vijayawada, Andhra Pradesh
13 Seminar on Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana
12 Oct 2018 9.45 am Vijayawada, Andhra Pradesh
14 Seminar on Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana 15 Oct 2018 9.45 am Vizag, Andhra Pradesh
15 Buyer Delegation to China International Auto Products Expo 15-16 Oct 2018 Shanghai, China
16 International Trade Fair 17-21, Oct, 2018 10.00 am - 6.00 pm Leisure Valley Ground,Gurugram, Haryana
17 Business Delegation to Manila, Philippines 18-23, Oct, 2018 Manila, Philippines
18 Best of India Show - Exclusive India Products Exhibition 19-21 Oct, 2018 10.00 am - 6.00 pm Suva, Fiji
19 India Pavilion at Asian Gifts & Premium Show 20-23 Oct, 2018 10.00 am - 6.00 pm Hong Kong
20 Conference on Sustainable Water Management 23 Oct, 2018 10.00 am PHD House, New Delhi
21 Conference on Financing of 227 GW Renewable 25 Oct, 2018 9.45 am PHD House, New Delhi
22 Seminar on Good Manufacturing Practices 25 Oct, 2018 9.45 am Ahmedabad, Gujarat
23 Seminar on Cluster Development Programme 26 Oct, 2018 9.45 am Baroda, Gujarat
24 Seminar on Cluster Development Programme 15 Nov, 2018 9.45 am Pune, Maharashtra
25 Global Homelife – International Autumn Trade Fair 20-22 Nov, 2018 10.00 am - 6.00 pm Expo Centre, Sharjah
26 Health, Fitness, Wellness Expo 22-24 Nov, 2018 10.00 am - 6.00 pm Expo Centre, Sharjah
27 Seminar on Pradhan Mantri Bhartiya Jan Aushadhi Pariyojana 30 Nov, 2018 9.45 am Coimbatore, Tamil Nadu
28 PITEX - 2018 6-10 Dec, 2018 10.00 am - 8.00 pm Ranjeet Avenue, Amritsar, Punjab
SCHEDULE OF EVENTS
96 | PHD Chamber Bulletin September 2018
The Asian Age, New Delhi, September 3, 2018
The Central Chronicle, Raipur, August 17, 2018
The Deccan Herald, Bangalore, September 7, 2018
MEDIA BUZZ
PHD Chamber Bulletin September 2018 | 97
MEDIA BUZZ
The DNA, New Delhi, September 7, 2018
The Mail Today, New Delhi, August 11, 2018
The Hindu Business Line, New Delhi, September 13, 2018
98 | PHD Chamber Bulletin September 2018
The Morning City, New Delhi, August 31, 2018
The Hindu, New Delhi, September 16, 2018
The HT City, New Delhi, August 29, 2018
MEDIA BUZZ
PHD Chamber Bulletin September 2018 | 99
Tribute
Shri Atal Bihari VajpayeeFormer Prime Minister of India
(25 December 1924 - 16 August 2018)
Aao fir se diya jalaaen
Bhari dupahari mein andhiyaraSooraj parachhai se hara
Antaratam ka neh nichodeBujhi hui baati sulagaaen,
Aao fir se diya jalaaen!
The PHD Chamber is deeply saddened by the passing away of our former Prime Minister and great leader, Mr. Atal Bihari Vajpayee.The country lost a great statesman who was known for his great oratory skills and as a writer. Under his reign, India achieved steady economic growth by continuing the pace of economic reforms resulting in a GDP rate above 8 per cent. It was also under his leadership, the country became a world leader in information technology and unleashed the telecom revolution. Mr. Vajpayee’s Government began an extensive program of divestment of public funds from several key state-run industries and fast tracked infrastructure development with the introduction of Golden Quadrilateral Project and Pradhanmantri Gramin Sadak Yojna.
As Prime Minister, Mr. Vajpayee made a concerted effort to resolve India’s long-running dispute with Pakistan over the Kashmir region and resumed road connectivity with Pakistan through the historic Delhi-Lahore Bus. India also renewed its nuclear capabilities through nuclear tests during his tenure.
100 | PHD Chamber Bulletin September 2018
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NSIC Grounds, Okhla, New DelhiThu 4th - Sat 6th OCTOBER 2018
Ministry of Micro, Smalland Medium Enterprises,
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NATIONAL APEX CHAMBER
Call Fahim Khan @ +91 8130094211 [email protected] :
Call Saurabh @ +91 [email protected] E-mail :
Call Ashwani Kumar @ +91 99116201467 [email protected] :
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PHD Chamber Bulletin September 2018 | 101
PHD CHAMBER OF COMMERCE AND INDUSTRYPHD House, 4/2 Siri Institutional Area, August Kranti Marg, New Delhi - 110016
Tel: 91-11-26863801-04, Fax: 91-11-26855450, 49545451 Email: [email protected] Website: www.phdcci.in
Int PHD CHAMBER
xhibitions e rnational toAPRIL - 2018
MARCH - 2019
26th -29thJanuary, 2019
CHRISTMASWORLD FRANKFURT 2019& PAPER WORLD Frankfurt, Germany
14th -19thMarch, 2019
Baku, Azerbaijan
2ND BEST OF INDIA
FOR PARTICIPATION AND FURTHER DETAILS, PLEASE CONTACT:
Naveen Seth, Director, Trade Fairs & Exhibitions E-mail: [email protected]
17th - 20th January, 2019
Dhaka, Bangladesh
BANGLADESH PLASTICS,PRINT & PACKAGINGINDUSTRY FAIR
BEST OF INDIA SHOW
25TH IRAN PRINT & PACK
19th - 21st October, 2018
13th - 16th December, 2018
Suva, Fiji
Tehran, Iran
26th -28th November, 2018
FESTIVAL DE LA INDIA
Santiago, Chile
102 | PHD Chamber Bulletin September 2018102 | PHD Chamber Bulletin September 2018
ARCHIVES
Delhi Vision 2010: Traffic and Transport Management in Delhi
The Chamber organized the finalseminarintheseriesonDelhiVision2010 on December 22, 1997 at
PHDHouse,onthesubjectofTrafficandTransport Management in Delhi. Mr. OPVaish, President, PHDCCI presided overtheseminar.Theseminarwasinauguratedby Shri Tejendra Khanna, Hon’ble Lt.Governor, Delhi. Shri Rajendra Gupta,Transport Minister, Government of Delhialsoaddressedtheparticipants.WelcomingtheChiefGuests,ShriOP
Vaishsuggestedthatajointworkinggroupbe constituted with the representativesof the Chamber, officials of the Centraland Delhi Governments to monitorday to day implementation of variousrecommendations that haveemergedout9of thesevenseminarsorganizedby theChamberonDelhi-Vision2010,soastoensureimplementationontheground.Hestressed the need for a Transport Policyforthecapital.Shri Tejendra Khanna, Hon’ble Lt.
Governor, Delhi stated that a scientific
PHD Chamber- IIFT Partnership
diagnosis of the current traffic situationshouldbeundertaken,maladiesfoundandeffectivestepstocounterthemtaken.Theproblem in Delhi was not due to lack ofconceptualisationofplansandpoliciesbutduetopoorimplementationattheground-levelandnofinalityinimplementation.Shri Rajendra Gupta, Transport
Minister, Government of Delhi in his
On 11, August 2008, continuing thepartnership established with IIFT;lastyear,thePHDChamber,IIFTand
CDC (Consulting Development Centre)organizedyetanotherSymposiumonRoleofConsultantsinanEmergingKnowledge-basedEconomy.Chief Guest at the Symposium was
Dr. A.P.J. Abdul Kalam, former President
address stated that the mainobjective of Delhi TransportDepartment was to reduce thepollution levels in the city. Anaction plan for constructingseparate cycle tracks on DelhiroadswasbeingdrawnupunderaprojectgiventoIIT,Delhi.
of India. Guest of Honour was Shri SKRoongta,ChairmanofSAIL.Addressing the Symposium Dr.
Kalam identified several opportunitiesand challenges for the consultants in thenation-building task; particularly in theareas of safe drinkingwater, health care,sanitation, pharma vision 2020, spaceexploration,takingautomotiveindustrytoa
turnoverof$200billionby2016,oil exploration, building shipsup to 3,00,000 DWT, increasingthe rail network by 50% routemiles and train speeds to 200kmph, environment, protection,developing new sources ofenergy and PURA( provision ofurbanamenitiesinruralareas).
PHD Chamber Bulletin September 2018 | 103
104 | PHD Chamber Bulletin September 2018
Total No. of Pages - 104RNI No. 34665/79
Registration Number DL-SW-1/4095/2018-2020Date of Publication - Published on 6th SeptemberDate of Posting - 7th / 8th of same month
Printed by Mr. Saurabh Sanyal, Secretary General, PHD Chamber of Commerce and Industry, Published by Mr. 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, Editor - Mr. Saurabh Sanyal
PHD House is a prestigious, most conveniently, approachable, as located in the heart of South Delhi and suitably equipped venue for corporate and business events. It provides facilities to suit specific requirements, backed‐up by excellent infrastructure with 100% power back up such as latest public address system, audio‐visual facilities, etc. Our meeting rooms provide a bespoke setting and serene atmosphere that are ideal for exclusive business networking events, conferences, Seminars, Board Meetings, Interviews, Annual General Meetings, Academic Discussions, exhibitions, panel discussions, cultural programmes, training programmes, Audio – Video presentations etc. Our meeting rooms tend to a make difference in the way you do your business.
• Lakshmipat Singhania Auditorium: ( Capacity : 250 ) A beautifully architectured Auditorium with its well designed
soothing interiors & acoustics and capacity to seat 250 people. It is ideal for AGMs, Seminars, Conferences and Cultural & Social Programmes.
• Modi Exhibition Hall (Capacity : 60 to 90 ) Well designed especially for Exhibitions / display of products
and for conducting Training Programmes / Workshops / Audio‐visual presentations.
• Raunaq Room ( Capacity : 70 ) A well designed Conference Room for Seminars, Panel
Discussions and High Profile Corporate Meetings.
• Shriram Hall (Capacity : 90 ) Well designed for conducting Training Programmes/
workshops/Audio‐Visual Presentations.
• Mohta Room (Capacity : 25) Ideal for Board Meetings and Small Meetings.
• Arbitration Hall (Capacity : 12‐15) Arbitration Hall which will enable the members to hold small
Conferences, Arbitration hearings for max 12‐15 paxs at competitive rates.
• The RE Walker & JC Chandiok Library The Library' Lounge & Café shall provide an exclusive and
elegant ambience with gourmet catering and a well‐stocked bar at reasonable prices for our members to conduct their business meetings, for hospitality or simply as a tranquil place to relax.
The Chamber's approved Caterers at the rates/menus approved by the Chamber provide
catering facilities in PHD House.
For futher Details Contact :- Mr. Ajay Bansal, E-mail: [email protected]
Mohta Room Mohta Room
Lakshmipat Singhania Auditorium: Lakshmipat Singhania Auditorium:Modi Exhibition HallModi Exhibition Hall
Raunaq Room Raunaq Room
Shriram Hall Shriram Hall
Arbitration HallArbitration Hall
The RE Walker & JC Chandiok LibraryThe RE Walker & JC Chandiok Library
Conference FacilitiesConference FacilitiesPHD house, New Delhi
PHD House is a prestigious, most conveniently, approachable, as located in the heart of South Delhi and suitably equipped venue for corporate and business events. It provides facilities to suit specific requirements, backed‐up by excellent infrastructure with 100% power back up such as latest public address system, audio‐visual facilities, etc. Our meeting rooms provide a bespoke setting and serene atmosphere that are ideal for exclusive business networking events, conferences, Seminars, Board Meetings, Interviews, Annual General Meetings, Academic Discussions, exhibitions, panel discussions, cultural programmes, training programmes, Audio – Video presentations etc. Our meeting rooms tend to a make difference in the way you do your business.
• Lakshmipat Singhania Auditorium: ( Capacity : 300 ) A newly designed, aesthetically architectured fully air‐
conditioned Auditorium with well‐designed soothing interiors, excellent acoustics and modern & professional audio visual facilities has a seating capacity of more than 300 people. The Auditorium is ideal for conducting large meetings, seminars, conferences, exhibitions and cultural & social programmes.
• Modi Exhibition Hall (Capacity : 60 to 90 ) Well designed especially for Exhibitions / display of products
and for conducting Training Programmes / Workshops / Audio‐visual presentations.
• Raunaq Room ( Capacity : 70 ) A well designed Conference Room for Seminars, Panel
Discussions and High Profile Corporate Meetings.
• Shriram Hall (Capacity : 90 ) Well designed for conducting Training Programmes/
workshops/Audio‐Visual Presentations.
• Mohta Room (Capacity : 25) Ideal for Board Meetings and Small Meetings.
• Arbitration Hall (Capacity : 12‐15) Arbitration Hall which will enable the members to hold small
Conferences, Arbitration hearings for max 12‐15 paxs at competitive rates.
• The RE Walker & JC Chandiok Library The Library' Lounge & Café shall provide an exclusive and
elegant ambience with gourmet catering and a well‐stocked bar at reasonable prices for our members to conduct their business meetings, for hospitality or simply as a tranquil place to relax.
The Chamber's approved Caterers at the rates/menus approved by the Chamber provide
catering facilities in PHD House.
For futher Details Contact :- Mr. Ajay Bansal, E-mail: [email protected]
Mohta Room Mohta Room
Modi Exhibition HallModi Exhibition Hall
Raunaq Room Raunaq Room
Shriram Hall Shriram Hall
Arbitration HallArbitration Hall
The RE Walker & JC Chandiok LibraryThe RE Walker & JC Chandiok Library
Conference FacilitiesConference FacilitiesPHD house, New Delhi
Lakshmipat Singhania Auditorium: Lakshmipat Singhania Auditorium:
PHD House is a prestigious, most conveniently, approachable, as located in the heart of South Delhi and suitably equipped venue for corporate and business events. It provides facilities to suit specific requirements, backed‐up by excellent infrastructure with 100% power back up such as latest public address system, audio‐visual facilities, etc. Our meeting rooms provide a bespoke setting and serene atmosphere that are ideal for exclusive business networking events, conferences, Seminars, Board Meetings, Interviews, Annual General Meetings, Academic Discussions, exhibitions, panel discussions, cultural programmes, training programmes, Audio – Video presentations etc. Our meeting rooms tend to a make difference in the way you do your business.
• Lakshmipat Singhania Auditorium: ( Capacity : 300 ) A newly designed, aesthetically architectured fully air‐
conditioned Auditorium with well‐designed soothing interiors, excellent acoustics and modern & professional audio visual facilities has a seating capacity of more than 300 people. The Auditorium is ideal for conducting large meetings, seminars, conferences, exhibitions and cultural & social programmes.
• Modi Exhibition Hall (Capacity : 60 to 90 ) Well designed especially for Exhibitions / display of products
and for conducting Training Programmes / Workshops / Audio‐visual presentations.
• Raunaq Room ( Capacity : 70 ) A well designed Conference Room for Seminars, Panel
Discussions and High Profile Corporate Meetings.
• Shriram Hall (Capacity : 90 ) Well designed for conducting Training Programmes/
workshops/Audio‐Visual Presentations.
• Mohta Room (Capacity : 25) Ideal for Board Meetings and Small Meetings.
• Arbitration Hall (Capacity : 12‐15) Arbitration Hall which will enable the members to hold small
Conferences, Arbitration hearings for max 12‐15 paxs at competitive rates.
• The RE Walker & JC Chandiok Library The Library' Lounge & Café shall provide an exclusive and
elegant ambience with gourmet catering and a well‐stocked bar at reasonable prices for our members to conduct their business meetings, for hospitality or simply as a tranquil place to relax.
The Chamber's approved Caterers at the rates/menus approved by the Chamber provide
catering facilities in PHD House.
For futher Details Contact :- Mr. Ajay Bansal, E-mail: [email protected]
Mohta Room Mohta Room
Raunaq Room Raunaq Room
Shriram Hall Shriram Hall
Arbitration HallArbitration Hall
The RE Walker & JC Chandiok LibraryThe RE Walker & JC Chandiok Library
Conference FacilitiesConference FacilitiesPHD house, New Delhi
Lakshmipat Singhania Auditorium: Lakshmipat Singhania Auditorium:
Modi Exhibition HallModi Exhibition Hall