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ni-msme and IRM India sign MoU to strengthen risk-readiness of MSME sector

The programme will jointly develop policy roadmap to secure Indian MSME sector against future risks

Hersh Shah, CEO, India Affiliate of Institute of Risk Management, UK, said, “In the coming months, we aim to develop a blueprint that will help India’s 6.33 crore MSMEs apply globally-recognised enterprise risk management frameworks and practices, to navigate successfully through the current crisis, as well as safeguard themselves against future uncertain events beyond just financial risks.

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India needs to invest ₹3K-5K crore to give all Indians Covid vaccine: Zydus Cadila chairman

The requirement of the vaccine doses is going to be very high. Given the fact almost all vaccines are going to work at least two doses, if we look at India’s population and decide to immunise 50 per cent of the population, we would require over 130 crore doses and that’s not the capacity anybody has.

Even if people have the capacity to produce, it cannot happen in one day. It can only happen over a long period,
said Zydus Cadila Chairman Pankaj R Patel.
Another challenge we would have is “how long the immunity will last with this vaccine? If the vaccine is going to give a long-term immunity, it will be wonderful, but if it provides short-term immunity then we will have to keep on immunising people again and again,” he added.

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Parliament passes bill to punish those attacking healthcare workers

The bill intends to ensure that during any situation akin to the current pandemic, there is zero-tolerance to any form of violence against healthcare personnel and damage to property.

Under the proposed act, the commission or abetment of such violence will be punishable with imprisonment for a term of three months to five years and with a fine of Rs 50,000 to Rs 2,00,000.

In case of causing grievous hurt, the imprisonment shall be for a term of six months to seven years and with a fine of Rs 1-5 lakh.

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Vaccine likely in India by first half of 2021 if ‘good results by year-end’, top scientist says

India, which is host to some of the front-runner vaccine clinical trials, currently has no local infrastructure in place to go beyond immunizing babies and pregnant women, said Gagandeep Kang, professor of microbiology at the Vellore-based Christian Medical College and a member of the WHO’s Global Advisory Committee on Vaccine Safety.

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InsuranceDekho to get $20 mn funding from GirnarSoft for branding, others

“This new capital infusion will be used to expand our digital footprint. We are already a force to reckon with in the B2B space. With this round we aim to invest in branding and marketing to further strengthen our B2C platform which has been seeing strong traction over the last 2 quarters,” InsuranceDekho CEO and co-founder Ankit Agrawal said.

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India trials for Russia’s ‘Sputnik-V’ vaccine may begin in next few weeks: Dr Reddy’s

The trials are part of a deal between the Russian Direct Investment Fund (RDIF) and Dr Reddy’s, in which the Indian firm will conduct Phase III studies in India, pursue local regulatory approvals and, subject to approval, distribute the finished vaccine product in India. RDIF will supply 100 million doses to Dr Reddy’s.

The RDIF has also reached agreements with Indian manufacturers to produce 300 million doses of the shot in India. Russia was the first country to grant regulatory approval for a novel coronavirus vaccine.

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Lok Sabha approves labour reforms amid union protests

The three bills – the Occupational Safety, Health and Working Conditions Code, the Industrial Relations Code and the Code on Social Security – are part of Prime Minister Narendra Modi’s ambitious moves to liberalise conditions for investment.
Lawmakers from Modi’s Bharatiya Janata Party said during the debate the new laws would provide social security benefits to workers, including ride-hailing companies like Ola and Uber.

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