November 2017

Mohammad Anas Wahaj | 29 nov 2017

According to the recent UNICEF report, 'Levels and Trends in Child Mortality 2017', India has witnessed 66% decline in the under-5 mortality rate from 1990 to 2015 but most of the newborn deaths (24% of all) still occur in the country. With this reduction India has met one of its Millennium Development Goal (MDG) targets. The report emphasised the need for equitable access to healthcare for girl child as under-5 mortality for girls in India remains 12.5% higher than the boys. Major barriers in seeking healthcare for the girl child include the high out-of-pocket expenses and cultural issues. The report stressed that investment in the education of the girl child is crucial and acknowledged that 'Beti Bachao Beti Padhao' scheme could be used for addressing the prevailing negative social norms towards the girl child in India. The report said that most of newborn deaths occurred in two regions: South Asia (39%) and sub-Saharan Africa (38%). Read on...

Little India: 66% decline in child mortality rate but most newborn still die in India: UN report
Author: NA

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Mohammad Anas Wahaj | 12 nov 2017

Thriving entrepreneurial ecosystem drives business growth and economic development. India is steadily transforming itself into a major hub of tech entrepreneurship. According to Raman Roy, Chairman of NASSCOM and CEO of Quatro, 'About 1000 tech start-ups were registered this year (2017), taking their total to 5200 and making India the world's third largest start-up ecosystem.' The report 'Indian Start-up Ecosystem - Traversing the maturity cycle', compiled jointly by NASSCOM and Zinnov, was recently released. Major trends include - India is witnessing a rapid rise in the B2B tech start-up landscape, focused on verticals like healthtech, fintech, and ecommerce/aggregators; Bengaluru, Delhi/NCR and Mumbai retained their position as the key start-up hubs, with 20% of the start-ups emerging from tier-2 and tier-3 cities across the country. Some highlights of the report - 40% of the start-ups are in the B2B segment. Its share in tech start-up funding is 30%; Fin-tech start-up base is about 360, indicating 31% annual growth, with US$ 200 million funding in the first half of this year, recording a 135% annual growth; Health-based technology start-ups are 320, with 28% annual growth and attracted US$ 160 million funding in the April-September period, which is an increase of 129% in the same period of 2016. Mr. Roy says, 'With 60% start-ups, the B2C segment is focused on creating innovative business models and taking the vertical approach, securing about 70% funding in the year's first half.' R. Chandrashekhar, NASSCOM president and former Telecom Secretary, observing that the ecosystem is driven by young, diverse and inclusive entrepreneurs, says that the landscape is leading to focused domain solutions in verticals like healthcare, agriculture and education. He comments, 'We will continue its drive towards catalysing tech start-ups, build category leaders and support start-ups to create for India.' Read on...

FirstPost: India added 1,000 technology start-ups in 2017; maintains the third spot as the largest hub for entrepreneurship
Author: NA

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