Ashrams with limited resources are doing wonders for India
India – a country where medical expense is 7% and 5% of
consumer expenditure in rural and urban areas respectively, it is quite a shame that even with profuse resources, the government chooses to spend only a measly 1% (approx.) on health, a figure which might just reach a mere 6% by 2010.
On the contrary, retrospection reveals that an unprecedented attempt is being made by a lot of ashrams in order to make a difference in the lives of the beleaguering lot who can’t afford to shell out lakhs for private medical treatment. For instance, the Ram Krishna Shewa Shangha has 15 hospitals with 2,254 beds and treated 84,690 patients in 2006 and this was further complemented by 129 dispensaries and 49 mobile medical units. And for that matter, the splendid Swami Ramdev Ashram near Hardwar is pioneered under the tutelage of the guru himself and has space for 5,000 patients who could be from any rung in the socio-economic spectrum. A patient whose treatment cost nothing less than Rs.26,000 was healed at almost an amount equivalent to zilch in the lesser known Vanvasi Kalyan Ashram.
With millions dollars of investments in the industry and emergence of hospitals like Rockland, Appollo, are catching eyes of millions. Unfortunately, high costs of medicare in those hospitals are beyond the budget of millions of middle and lower class Indians. In such situations, these ashrams are delivering quality medication with modern technology at cheap cost, world class infrastructure, environment, dedicated and experienced doctors and most importantly, unique approachability of serving, which is ‘unsellable’. Well, with the increasing number of Good Samaritans with good intentions in the motherland, it seems like India can really look forward to a new dawn in ambit of medicare and health.
India – a country where medical expense is 7% and 5% of
consumer expenditure in rural and urban areas respectively, it is quite a shame that even with profuse resources, the government chooses to spend only a measly 1% (approx.) on health, a figure which might just reach a mere 6% by 2010.On the contrary, retrospection reveals that an unprecedented attempt is being made by a lot of ashrams in order to make a difference in the lives of the beleaguering lot who can’t afford to shell out lakhs for private medical treatment. For instance, the Ram Krishna Shewa Shangha has 15 hospitals with 2,254 beds and treated 84,690 patients in 2006 and this was further complemented by 129 dispensaries and 49 mobile medical units. And for that matter, the splendid Swami Ramdev Ashram near Hardwar is pioneered under the tutelage of the guru himself and has space for 5,000 patients who could be from any rung in the socio-economic spectrum. A patient whose treatment cost nothing less than Rs.26,000 was healed at almost an amount equivalent to zilch in the lesser known Vanvasi Kalyan Ashram.
With millions dollars of investments in the industry and emergence of hospitals like Rockland, Appollo, are catching eyes of millions. Unfortunately, high costs of medicare in those hospitals are beyond the budget of millions of middle and lower class Indians. In such situations, these ashrams are delivering quality medication with modern technology at cheap cost, world class infrastructure, environment, dedicated and experienced doctors and most importantly, unique approachability of serving, which is ‘unsellable’. Well, with the increasing number of Good Samaritans with good intentions in the motherland, it seems like India can really look forward to a new dawn in ambit of medicare and health.
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the snootily upscale Malabar Hills locality in Mumbai, the odds are that your swagger will have a panache that is distinctive. And if you betting big time on one of the most ambitious projects in the real estate sector in India, the swagger doesn’t look entirely out of place either. Sitting across the man in a plush sofa in a drawing cum living cum dining room, you can’t help these thoughts cross your mind as the energetic Hemant Shah, Chairman of Akruti City Ltd. bombards you with homilies, analogies and alliterations that are genuinely amusing.
Tele-Brands TV ad for some miracle tonic. I am about to tell you how you can get a second chance. A Second Life so to speak. It will harmoniously coexist with your real life but at the same time allow you to do whatever you can’t do in it. Allow me to introduce you to the online virtual 3D world of Second Life. It’s a place where four million people across the world are leading an alternate existence. Too bad if you never heard of it. This is your opportunity to make up on lost time.
without being charged ‘entry loads’. An entry load of say 2.5% would have meant that on an investment of say Rs.100, only Rs.97.5 would have got invested and Rs.2.5 would have been paid upfront to the distributor as commissions. So investors are well advised to utilise this option of direct investments and thus save on the entry load. And apart from direct investments, other things being equal, invest in schemes with lower expense ratios.
Virgin Radio a goodbye. However, industry experts feel that Virgin Radio buyout is not a bad deal for BCCL. Sample this: BCCL has bought Virgin Radio from SMG for $106 million (in 2000 SMG bought Virgin Radio for $500 million at five times higher price). With the assets of the company valued around $136 million and the radio channel commanding a regular listenership of 2.7 million, this means that even without the brand name it’s a lucrative deal for BCCL. Amita Sarkar, Media & Entertainment Head, FICCI, feels, “BCCL is a huge success in itself as far as brands are concerned. Given the infrastructure of Virgin Radio, creating a new radio brand in UK won’t be a difficult task for BCCL. Brand creation is something that it knows the best.”
its operations in April 2007 is seen as the most aggressive contender (by virtue of having the largest number of stores on a pan-India basis) in the category. These Essar backed outlets had a big budget launch late last year and presently follow three different size formats: large (1000-1500 sq ft), medium (800-1000 sq ft) and express/corners (150-200 square feet), with even smaller format stores located primarily in large malls. These distinct formats have helped the mobile retail chain to cater to a variety of customers, as also enjoy greater brand visibility.
it comes to organised retail. However, as big players with deep pockets move in for a kill, the market is bound to expand and so is competition among realty players. According to industry experts, the number of malls in India in next two years will reach a whopping 600 from just 114 in 2007. And bidding to cash in on this is Prozone Enterprises (a JV between Prozone and UK based Liberty International PLC), the real estate arm of the renowned fashion brand Provogue. Incidentally, Provogue has already carved a distinct niche among other apparel brands in the country and is now set to give the domestic realty players a run for their money. However, being new to the industry, it won’t be as easy a route this time. But, then who said success comes easy? In conversation with 4Ps B&M, Tim Eynon, CEO, Prozone Enterprises Pvt. Ltd. and Director, Provogue (India) Limited reveals future strategies of both the companies.
up of live action movies a la Matrix and I Am Legend, fitting the bill. Even Bollywood movies too are looking at this with trend with keen eyes with films like Dhrona, Love Story 2050, Roadside Romeo (collaboration between Disney and Yash Raj’s venture) are already in pipeline. Even the numbers have started to reflect this rosy tale of the Indian animation industry. While the media and entertainment industry has been growing with a CAGR of 19% for the past 3-4 years, animation industry in the same time frame has been growing at a CAGR of 30%. Incredible! But with close to about 72 animation films in various stages of production at present, this is just the beginning of animation revolution.