OSH India 2017: Enhancing safety and well-being of the Indian workforce

Photo Caption : (Left – Right)

·         Mr. Santosh Warrik, CFO & Advisor, MIDC, Government of Maharashtra

·         Shri. Sudhakar Prabhu Rathod, Director, Directorate Industrial Safety & Health, The Department of Labour, Government of Maharashtra

·         Mr. Yogesh Mudras, Managing Director, UBM India

·         Mr. Jason Woods, Middle East Representative, International Powered Access Federation (IPAF)           

·         Mr. Prashant Jain, Asst. Project Director, UBM India Pvt Ltd

·         Mr. Pankaj Jain, Group Director, UBM India Pvt Ltd

Photo By Sachin Murdeshwar TGN / 25.11.17

Mumbai, 25 November, 2017 (TGN) : UBM India today launched the 6^th edition of the Occupational Safety & Health (OSH) India (23^rd– 24^th November 2017) safety show at theCIDCO Exhibition Centre, Vashi, Navi Mumbai.The show brought together internationally renowned exhibitors, consultants, business experts and key government officials under one common platform, to discuss global best practices and seek solutions to some of the most pressing challenges in the field of workplace safety and health.

The inaugural ceremony of OSH India, 2017 took place in the presence of Key Dignitaries,Shri. Sudhakar Prabhu Rathod, Director, Directorate Industrial Safety & Health, The Department of Labour, Government of Maharashtra, Mr. Santosh Warri k, CFO & Advisor, MIDC, Government of Maharashtra, Mr Arvind Mandke, Chief Fire Officer, CIDCO, Government of Maharashtra  Mr. Pankaj Jain, Group Director, UBM India Pvt Ltd and Mr. Yogesh Mudras, Managing Director, UBM Indiaamidst an august industry gathering.

The participation of leading exhibitors from across the industry reaffirmed the need and focus of OSH India as an industry event.  These include, ‘Premier Partner’ – Dickies, ‘Platinum Partner’- Euro Security, ‘Gold Partner’- Udyogi, ‘Silver Partner’- Venus, ‘Safe Escape Partner’- Prolite , AutoGlo, ‘Gas Detection Partner’- Drager, ‘Registration Partner’- Jayco, ‘Lanyard Partner’- Allen Cooper, ‘Badge Partner’- UVIRAJ, ‘Delegate Kit Partner’- PIG , New Pig, ‘Occupational Safety and Health Partner’- Eurock, ‘Visitor Bag Partner’- Heapro and others such as Motorola Solutions India Pvt. Ltd., Superhouse Ltd., ID Overseas Private Ltd., Jayco Safety Products Pvt. Ltd., Saurya HSE Pvt. Ltd., Continental Manufacturing Co., Draeger Safety India Pvt. Ltd., Uviraj Global (P) Ltd., Teijin India Pvt. Ltd., Bata India, Unicare Emergency Equipment Pvt. Ltd., Acme Safetywears Ltd., NEBOSH Ltd., SATRA Technology Centre Ltd. and Rahman Industries Ltd. amongst others. This year, the show has a presence of over 140 brands and is witnessing international participation from countries such as USA , Germany, UK, UAE, Japan, Sri Lanka, Malaysia and Italy.

Speaking at the inauguration of OSH India 2017, Mr. Yogesh Mudras, Managing Director, UBM India said, “Approximately half of India’s 1.2 billion people are under the age of 26, and by 2020, it is forecasted to be the youngest country in the world, with a median age of 29. Recent reports say, 250 million people are set to join India’s workforce by 2030. As a big chunk of the population belongs to the working age group, organisations need to look at the safety and health along with emotional well-being of these employees on priority to retain the best of talent and ensure good productivity.  Companies in manufacturing and allied sectors such as automobile, oil and gas, construction etc. in particular are becoming aware of occupational hazards and are working towards creating a safer working environment.  Governments for their part are through regulations emphasising on developing infrastructure and providing resources centred around workplace safety, coupled with increasing global investments. Despite a greater focus on occupational safety and health, there is still inadequate education at various levels and public awareness is still absent, as managements and workforce don’t always place safety as a top priority. Although, many organisations have taken the initiative to organize training sessions to create awareness, a concentrated and cohesive strategy is clearly not in place. UBM India’s OSH India is geared to filling this vital gap.”

“Also, this year we are  glad to have a gender sensitive approach to safety and health as one of the topics at the conference seminar. A broad stratagem for the enhancement of women workers’ safety and health has to be built with an increasing number of women at the workplace, enhancing productivity and breaking the glass ceiling.” he further added.

  

OSH India is the country’s definitive annual exhibition for the safety industry that attracts brands worldwide and facilitates ways to incorporate best practises at the workplace, especially to promote health and safety within it. The expo is supported by DISH ( Directorate of Industrial Safety and Health ) – Maharashtra, Gujarat and Tamil Nadu ; Gujarat Safety Council; Indian Technical Textile Association; Taloja Industrial Association; Thane Manufacturer Association and Indian Society of Ergonomics.

The expo included an Innovation Zone,platform for exhibitors to promote and showcase innovative products to benefit the occupational safety and health industry at large. It also included a dedicated two day knowledge sharing classroom session on Powered Access conducted by The International Powered Access Federation (IPAF). This session promotes the safe and effective use of powered access in India.  

The IPAF promotes the safe and effective use of powered access equipment worldwide in the widest sense — through providing technical advice and information, influencing and interpreting legislation and standards, its safety initiatives and training programmes. It is a not-for-profit organisation owned by its members that include manufacturers, rental companies and contractors.

This year’s two –day OSH conference shared global best practices with delegates whilst the accompanying exhibition will helped identify solutions to the most pressing challenges in workplace safety and health. The key sessions and panel discussions at the conference were attended by industry experts from across the country and leading international organizations. Topics of discussion at the conference included: ‘Promoting a Broader Ownership of Health and Safety in India’, ‘Benchmarking Current Industry Practices for handling high Toxic Chemicals’ , ‘Accident Prevention: Hazard and Operability Analysis’, ‘Fire Safety Management and Audits, ‘Redefining Health and Safety Metrics: Tackling Occupational Disease,’ ‘Construction Safety: Design and Management’, ‘Emotional Intelligence to Create a Safer Workplace’, ‘Gender Sensitive Approach to Workplace Health and Safety,’ ‘The Role and Need for Accreditation in HSE’ and ‘Disaster Management/Crisis Management.’ The conference also aimed to influence organisations to take a gender-sensitive approach and ensure employers implement risk management and protective measures addressing gender differences.

OSH India 2017 will also witness the ‘OSH India Safety Awards 2017’ on the evening of Day 1which is open to Indian operating businesses, organizations, alliances and individuals in the public or private sector with a workplace health and safety initiative. This year, OSH Awards received a total of 120 nominations from across industry verticals that include construction, pharma, chemicals, FMCG, BPO, Banking, refineries, oil & gas, automobiles, logistics & transport, power, SME’s, Agro, Healthcare, food, iron & steel, IT, Rubber industry and more. These Awards have been instrumental in building competitiveness among applicants, in encouraging innovation and have been able to promote and establish thought leadership within the Occupational Safety and Health industry in India. The Awards Night will be a celebration of the coming together of the luminaries and forerunners of the industry, marked by a night of glamour and entertainment.  ENDS

The ‘India Pharma Week’ returns with a week full of avant-garde events alongside CPhI and P-MEC India

Mumbai, 25 November, 2017 (TGN) – UBM India, India’s leading B2B exhibition organizer, is all set to bring in the second edition of the widely appreciated India Pharma Week, a week-long celebration packed with avant-garde events from 25th to 30th November alongside its flagship expo CPhI and P-MEC India. In its 11th edition, the marquee expo will be held at two venues in Mumbai – MMRDA Grounds, Bandra Kurla Complex (27th to 29th November) and Bombay Exhibition Centre (28th to 30th November).

Celebrating 11 years of CPhI and P-MEC India, the India Pharma Week will organise more than 10 events and activities taking place across the city of Mumbai pertaining to the streams of business, knowledge, leadership, innovation, recognition and networking in the field of Pharma.

Speaking on the announcement of the IPW, Mr. Yogesh Mudras, Managing Director, UBM India said, “I am delighted to announce the second edition of the India Pharma Week, an unrivalled offering to the world of exhibitions along with CPhI & P-MEC India, UBM’s flagship engagement platform, and the world’s leading Pharmaceutical networking event. An epitome of India’s strength in the Pharma industry, the expo has consistently grown to serve as an exclusive congregation of key global players across the pharmaceutical sector. Further, the expo would deliberate upon Government of India’s ‘Pharma Vision 2020′ to make India a global leader in end-to-end drug manufacturing in boosting investments.

“The India Pharma Week stems from the proactive role it plays in driving key Governmental initiatives such as ‘Make in India’, ‘Start-Up India, Stand Up India’, and ‘Skill India’ connecting the global community to eke out solutions to challenges, and establishing superior standards within it. With the recent proposal by the Drug Controller General of India (DCGI) to make it mandatory for all employees in pharmaceutical manufacturing facilities to get skill certification, a notable congregation of industry experts and knowledge sharing, such as IPW provides becomes even more significant,” he further added.

The week will commence with a Plant visit followed by a series of engagements such as Pharma Leaders Golf, Pre-Connect Congress, Women in Pharma – Power Breakfast, India Pharma Awards, Networking Evening, the CPhI & P-MEC India Exhibition, a closed-door CEO Roundtable and many more activities.

“CPHI provides global platform for the Indian Pharma industry to know and have the exposure of the latest technology available. In the past, Indian Pharmaceutical decision makers had to travel to international exhibitions to get to know new innovations on the technology front, however CPHI & P-Mec has brought this information to Indian pharma’s doorsteps”, said Mr. Damanjit Singh, CEO, Food & Pharma Specialities.

Ms. Saloni Wagh, Marketing & Business Development – Asia Pacific, Supriya Lifescience also shared her past experiences of the CPhI conference and said, “CPhI is one of the leading Pharma events in the world where the entire Industry comes together to discuss and get updated on the current trends, information and issues. CPhI Worldwide exhibitions do play an important role in our marketing strategy as it is a platform for us to meet all our customers from across the globe under one roof. It is also a great platform to launch new products and to identify potential customers, she further added.”

Incepted in 2006, the CPhI & P-MEC India exhibition has grown remarkably larger over the years with exhibitors and visitors engaging over significant levels of business. It has been approved and comprehensively assisted in its endeavours by governing bodies such as Pharmaceuticals Export Promotion Council (Pharmexcil). Spread across two locations, this year’s edition will see more than 1500 exhibitors and participation from over 40 countries.ENDS

The President of India, Shri Ram Nath Kovind confers National Award for Child Welfare 2017 on The Akshaya Patra Foundation

(L to R): Shri Chanchalapathi Dasa, Vice Chairman, The Akshaya Patra Foundation receiving the National Child Award for Child Welfare 2017 on the occasion of Children’s Day at Rashtrapati Bhavan, New Delhi from the President of India, Shri Ram Nath Kovind .- Photo By Sachin Murdeshwar / TGN

Mumbai, 17th November, 2017 (GPN) : The President of India, Shri Ram Nath Kovind conferred The Akshaya Patra Foundation, with the National Child Awards for Child Welfare 2017 on the occasion of Children’s Day at Rashtrapati Bhavan, New Delhi. The award was received by Shri Chanchalapathi Dasa, Vice-Chairman, The Akshaya Patra Foundation. The awards were given in the presence of Minister of State for Women & Child Development, Dr Virendra Kumar.

On receiving the award, Shri Chanchalapathi Dasa said, “It is a matter of honour for The Akshaya Patra Foundation to be bestowed upon the National Award for Child Welfare by the Hon’ble President of India, Shri Ram Nath Kovind. I sincerely thank everyone for the award and for recognising Akshaya Patra as an organisation that has undertaken initiatives to alleviate concerns of hunger among school children while responding effectively to their social needs for a better future.”

The National Child Awards for Child Welfare 2017 are given to celebrate the exceptional achievements of children; as well as to individuals and institutions who work for child welfare and for their outstanding contribution in the field of child development and welfare. The awards were instituted with a view to recognize such voluntary action. The award carries a cash prize of INR Three Lakh and a citation for each institution.ENDS

First Sri Sathya Sai International Veda Conference to be Inaugurated by His Excellency – Honourable Governor of Andhra Pradesh & Telangana Sri E.S.L.Narasimhan

India- 17th November 2017 (TGN) : Sri Sathya Sai Seva Organisations, India, (SSSSO India) – a multi cultural spiritual service Organisation, today announced the details of the first International Veda Conference & Multi-faith Symposiumat Prasanthi Nilayam on 20th & 21st November. The event is being organized to mark the 92 birthday celebrations of Bhagawan Sri Sathya Sai Baba.

The two-day event will witness mass recitation of Vedas by over 15,000 disciples of Bhagawan Sathya Sai Baba, among who are the 600 participants from across 42 countries around the world. Followers of Sri Sathya Sai Baba, will be organizing similar events and recitations across India and it many other parts of the world to mark this occasion.

The event, to be inaugurated by Chief Guest and Honourable Governor of Andhra Pradesh & Telangana, Sri E.S.L Narasimhan, Leading Scientists from India and Abroad who have done extensive research on Vedas are participating in this program as Speakers and will hold sessions on many aspects related to scientific understanding of the Vedas; the modern day society, its challenges, and the solutions that can be derived from the Vedas on subjects like

•Global challenge of water problem and its mitigation by decoding the ancient wisdom of Vedas

•Vedic pre-history a precedent for holistic meta-science for sustainability

•The relevance of the Vedas in modern times, within and outside of India

•Vedic science on agriculture & environment: a remedy to overcome food shortage

Rendition of multi-faith prayers by religious leaders, and symposium of thoughts for global peace will be the highlight, with speakers from all prominent religions and authority on ideologies speaking on the importance of – Service as a unifying factor in all religions.

Commenting on the birthday celebrations and the symposium, Sri Nimish Pandya, All India President, Sri Sathya Sai Seva Organisations said, “Sri Sathya Sai Seva Organisations (SSSSO INDIA ) is holding such an important conference and symposium in the times when the message of unity and service are more relevant to the mankind than ever before. We are happy and excited in anticipation of over 15,000 disciples of Sri Sathya Sai Baba converging at the Prasanthi Nilayam, and reciting Vedas and other holy verses For the well being of the world with the theme‘VASUDAIVA KUTUMBAKAM – That we are ALL ONE FAMILY”

He further added, “Many prominent religious leaders from around the world will be taking part in the religious symposium that will spread the message of unity and service, which were core of all the preaching’s of Bhagawan Sri Sathya Sai Baba.”

Some of the prominent religious leaders to take part in the celebrations are:

1. Acharya Dr Lokesh Muni, founder president, Ahimsa Vishwa Bharti
2. Prof. Mohd Hanif Khan Shastri, Professor of Sanskrit, Rashtriya Sanskrit University
3. Swami Shantamananda, Secretary, Ramakrishna Mission.
4. Singh Sahib Gyani Gurbhachan Singh, Jathedar if Sri Akal Takhat Sahib, Amritsar
5. Giani Gurbachan Singh- Jathedar, Akal Takht at Harmandir Sahib (Golden Temple) at Amritsar
6. Sri Dinesh Rao, Secretary of the State Bahal Council of Karnataka
7. Maulana Md. Shafique Qasrni – President, All India Imam 10 Association (WB) & Chief Imam, Nakhoda Masjid, Kolkata
8. Prof. Ali Mohd. Naqvi – Professor in Department of Shia Theology at Aligarh Muslim University
9. Maulana Abdur Rahaman Malta – General Secretary, All India Imam Association (West Bengal)
10. Swami Krishnanand Puri, Vedic Scientist, Director, Institute for Research on the application of Vedic Knowledge, Jaipur, Rajasthan.
11. (Dr.) Norio Matsumi (Matsumi Laboratory School of Materials Science, Japan Advanced Institute of Science and Technology, Nomi, Ishikawa (The Vedic trajectory during 12th century leading to build Japan as a scientific nation based on Vedic Values.
12. Prof. (Dr.) Ana Saraswati Konjar – Professor of English & French Languages, University of Ljubljana, Slovenia  (Veda chanting and its curative effective on different faculties of the body)
13. Mr. George Bebedelis – Greece , National Council President of Greece, and the Director of ISSE, South Europe.
14. Prof. (Dr.) John J. Kineman– Professor of Ecology and Senior Scientist University of Colorado, Boulder, USA.ENDS

About Sri Sathya Sai Seva Organisations:

Sri Sathya Sai Seva Organisations, India and the Sathya Sai International Organisations runs on the divine guidelines of Bhagawan Sri Sathya Sai Baba, Prasanthi Nilayam. Sri Sathya Sai Seva Organisations, India is involved in the service of the society in 20 states of India with more than 8 Lakh volunteers working selflessly for individual as well as societal development. The Sathya Sai International Organsations (SSIO) is involved in over 120 countries across the five continents. The core focus of the Sathya Sai Seva Organisations is Educare, Healthcare, SocioCare, Aquacare & EcoCare, viz, free drinking water supply to millions in the country;  free medicare facilities with the state of the art technology which can match or surpass the best in the world and value based education from KG to PG .All the activities of the Sathya Sai Organisations are absolutely free of cost. The binding force of all the activities is pure Love which is based on the dictum and powerful mantra of Bhagawan Sri Sathya Sai Baba 

Love All~ Serve All. 

HDFC Standard Life Insurance jumps 27% after Listing today at NSE in Mumbai

Mr. Deepak Parekh, Chairman, HDFC Standard Life Insurance Company Limited and Mr. Amitabh Chaudhry, Managing Director & CEO, HDFC Standard Life Insurance Company Limited, Ms. Vibha Padalkar, CFO and Executive Director, HDFC Standard Life Insurance Company Limited and Mr. Vikram Limaye, MD and CEO, NSE with other dignitaries at the listing ceremony of HDFC Standard Insurance Company Limited held today in Mumbai at the NSE.- By Sachin Murdeshwar / TGN

Mumbai,17 November, 2017 (TGN) :HDFC Standard Life Insurance Co. Ltd’s
shares soared as much as 27 per cent in their trading debut on Friday after its IPO raised $1.3 billion last week, bucking a trend of lacklustre market debuts by Indian insurers on valuation worries.Post Listing HDFC Life shares were trading at Rs 341.45
compared to the IPO issue price of Rs 290. The gains were aided by an upgrade of India’s sovereign bond rating by Moody’s, which lifted the BSE index up 1.14 per cent.India has seen a record year for IPOs with initial share sales topping $11 billion so far in 2017. But high valuations, especially for some recent big insurers, have led to weak trading debuts.

HDFC Life’s IPO was the fourth billion-dollar plus IPO this year.HDFC Life was priced at 4.7 times its 2017/18 embedded value versus SBI Life’s 3.9 times and ICICI Prudential’s 3.4 times, brokerage Centrum said in a pre-IPO note.

HDFC Life’s two main shareholders – Housing Development Finance Corp and Standard Life – sold a combined 15 per cent stake in the insurer’s IPO which was subscribed nearly five times.

This is the third life insurance company getting listed on exchanges, after ICICI Prudential Life and SBI Life.ENDS.

IndiaFirst Life launches Little Champ Plan

Photo Caption : Ms. Sonia Notani (Chief Strategy Officer, IndiaFirst Life Insurance) &  Mr. Rushabh Gandhi (Director-Sales and Marketing, IndiaFirst Life Insurance) at the launch of Little Champ Plan. A plan benefiting children by way of regular guaranteed payouts for financing the child’s education and securing child’s future.- By Sachin Murdeshwar / TGN

A Plan ensuring Future Financial Needs of Children

Mumbai, November 14, 2017 (TGN) : IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal and General (UK), today introduced Little Champ - A plan benefiting children by way of regular guaranteed payouts for financing the child’s education and securing child’s future. It is a non–linked, participating, endowment insurance plan which provides comprehensive financial protection for a child.

In an unfortunate event of permanent disability or demise of the parents, IndiaFirst Life Little Champ Plan provides an immediate financial payout, subsequently eliminating the need to pay any future premiums, also, contributing planned payouts at regular intervals, to ensure meeting all financial goals as envisaged, for the child.

Ms R M Vishakha, MD and CEO, IndiaFirst Life Insurance said, “Keeping IndiaFirst Life’s vision of securing lives and creating values in the core, we are delighted to offer this unique insurance plan that ensures guarantee, flexibility and safety for one’s children. With the launch of Little Champ, IndiaFirst Life has a full suite of product offerings across customer segments and needs.”

“It is needless to say that every parent intends to protect and enhance their child’s future and offer the best protection for their children. Translating this thought to our product, IndiaFirst Life Little Champ Plan is designed to aid enhanced financial preparedness amongst customers to secure children’s future.” she added.

Mr Rushabh Gandhi, Director, Sales and Marketing, IndiaFirst Life Insurance said, “The costs of education are spiraling. Yet and rightly so, every parent aspires to provide quality education to their children. The IndiaFirst Life Little Champ Plan helps parents prepare better for financing educational needs of their children.

With higher education becoming more of a norm, the guaranteed pay-out option of up to 8 years makes the plan unique. The other distinguishing features of this plan include assurance of future premiums, bonus accumulation, and life insurance benefits, all making for a perfect blend of elements that promise a safety net for your child’s future, a paramount parental concern.” He added.

Executive Summary of the Plan

Key Features:

• You now have us to be there for your child, even when you may not be. We provide for your planned pay outs even if something untoward were to happen to you.
• We care for your dreams and your loved ones equally; which is why you do not need to pay any future premiums, in case of death of the life assured or Accidental Total Permanent Disability (if opted)
• While we assure you the chosen regular payouts, we also assure you that your loved ones will be taken care of in case of an unfortunate event with the help of a life cover
• You not only secure your child’s future with planned payouts, but can also opt for a monthly income of 5, 10 or 15 years in case of death of the life assured
• Dreams are dynamic and so is our policy which lets you choose from a range of coverage and pay out options as per your need
• We know that falling back on someone can be reassuring; Get this assurance as you choose 101% to 125% of the sum assured as a payout option
• You not only have assured payouts, but also the upside on a bonus that will further add to your payout at maturity of the policy
• You may also stand to get tax benefits for the premiums you pay and benefits you receive as per applicable tax laws

About IndiaFirst Life Insurance

Headquartered in Mumbai, IndiaFirst Life Insurance, with a paid-up share capital of INR 625 crore, is one of the country's youngest life insurance companies. It is promoted by two of India's largest public sector banks - Bank of Baroda and Andhra Bank along with UK's leading risk, wealth and investment company Legal & General. Bank of Baroda holds a 44 percent stake in IndiaFirst, while Andhra Bank and Legal & General hold a 30 percent and 26 percent stake respectively. IndiaFirst believes it can differentiate itself through simple, easy to understand products that are fairly priced and efficiently serviced. Today, IndiaFirst Life is present in over 1,000 cities and towns across the country through 10,000+ points of sale. The company has garnered over INR 10,858 crore of assets under management as on March 31, 2017.

For details please visit:www.indiafirstlife.com

ANMI requests Finance Ministry to carry out urgent tax reforms

Mumbai, November 13, 2017 (GPN) :Association of National Exchanges Members of India (ANMI) has drawn up a five-point agenda for the Ministry of Finance’s (MoF) consideration that would catalyze the development of the entire Capital Market ecosystem and unlock the full potential of the markets.

At its 9th International Convention held in the city today on the theme of ‘’FINANCIAL INCLUSION- EXPANDING THE HORIZONS, ANMI urged the Finance Ministry to take action on the following five points included in the manifesto:

· Allow a rebate on the Securities Transaction Tax (STT) – STT has impacted volumes and revenue generation and escalated cost of transaction for clients

· Abolish taxation of dividend {Dividend Distribution Tax (DDT)} – DDT has discouraged dividend distribution and impacted investors’ confidence

· Amend Section 14A, Rule 8(d), which seeks dis-allowance of expenses, thereby making dividend income inconsequential – Inclusion of divided into ‘exempted’ income is misleading and untrue as dividends are already taxed by DDT

· Streamline requirements of GST for intermediaries, including the rates which have been creating a tremendous burden on the financials of intermediaries – Market Intermediaries like a Sub-Broker and an Authorized Person should be exempted from registration under GST as they do not raise any invoice on the Clients and/or total obligation from clients including GST which is paid by the broker

· Provide ‘industry’ status for the Broking business – The stock broking community is the backbone of the Capital Market of the country. The number of people employed in the Stock Broking business across the country runs in millions

· Re-introduce Section 88E

The ANMI convention was attended by heads of exchanges and around 400 brokers. Smt Arundhati Bhattacharya, former Chairman, SBI was the chief guest on the occasion and the chiefs of all the premier national Stock Exchanges were the guests of honour.

Discussions at the convention centred around four focus areas – identifying new frontiers of growth, use of technology for complete financial inclusion, country’s tax laws and compliances for ease of doing business and value investing for wealth creation.

In his welcome address, Mr. K Suresh, President of ANMI, pointed out the need to focus on facilitating the access of useful and affordable financial products & services beyond just banking services – which includes transactions, payments, savings, credit and insurance – to all individuals and businesses.

“The cause of financial inclusion can be truly realised only if the masses have access to the full range of financial products, and not just banking services. The need of the hour is to channelize small savings, like the amount lying in the Jan Dhan Yojna accounts into appropriate financial products, which would not only fire up the agenda of financial inclusion but also strengthen India’s capital market,” said Suresh.

The exchange partners of the convention for this year were Bombay Stock Exchange (BSE), Multi-Commodity Exchange (MCX), Metropolitan Stock Exchange (MSEI) and National Stock Exchange (NSE).ENDS