Tag: india after coronavirus

  • How Startups can help in Covid Vaccination in India

    Covid has created a large negative impact on most of the industries in the sector. It has disrupted the economic activities in the country. Most of the sectors are being impacted due to the pandemic. Let’s look at how the various startups can help the government in the Covid-19 vaccination drive.

    How Startups can scale up Covid vaccination drive
    Role of IT in Covid vaccination drive
    Role of Logistics in Covid 19 vaccination drive
    How Government can utilize this data
    FAQ

    How Startups can scale up Covid vaccination drive

    Since the major sectors of the country have been disrupted due to the ongoing pandemic. There is an opportunity for the various startups to help the government in the Covid-19 vaccination drive. It is said that in every crisis there will be an opportunity.

    The healthcare startups have a seminal opportunity in helping the government by aiding and facilitating the vaccination drive in the country. Whereas the other startups like healthcare, IT, logistics, etc. will have plenty of opportunities in various other activities.


    Reasons Why These Startup Sectors Bloomed During Lockdown
    In the unprecedented time, where everyone is talking about the economic slowdownand financial difficulties, there have been a few startups sectors that havemanaged grow exponentially well. The covid 19 has shaken the world and hasbrought many business to a halt, although startups have lost their …


    Role of IT in Covid vaccination drive

    IT systems can play a really important role in the vaccination drive. They can help the government by playing a central role in creating and maintaining information related to the vaccination drive. They can do the enlisting and enumerating the people involved in the drive, they can keep the track of the number of dose intake during the vaccination drive of different people.

    They can also use the various national IDs such as PAN card, Aadhar card, etc. to keep a number and to identify the individuals and their participation in the drive.

    The IT sectors will have to ensure that the vaccination doses are delivered to the vulnerable and the critical sections around the country. They will have to combine their mapping applications and the startups will have to ensure that there is a coordinated vaccination campaign.

    They also play an important role in identifying the genuineness of the vaccinations in the country. They will have to quickly detect it. They will have to identify the counterfeits and prevent the use of such counterfeits in the patients.

    They will have to help the government in finding the source of such counterfeits and also use social media and other online sources to create awareness among the general public regarding the dangers that are caused by these fraudulent vaccines.


    An Overview Of The Online Pharmacy Industry In India
    With the lockdowns restrictions brought over by the Covid Pandemic, mosteconomic activities were paused, millions lost their job and many industriesfaced difficulties. But there were also some industries like Online gaming,Online grocery, Fintech, Telemedicine, Ed tech, online media that were boo…


    Role of Logistics in Covid 19 vaccination drive

    The logistics startups also play a very important role in the vaccination drive. They play a central role in fine tuning the appropriate delivery of the vaccines across the country. The logistics space in India has undergone a lot of developments.

    The logistics in India have been innovating and adapting to the new technology to address the challenges faced due to the transportation. The new innovations and technology adaption in the logistic space can help the government in delivering the Covid vaccines to every nook and corner of the country in regular intervals.

    Logistics market
    Logistics market

    The startups can also conduct various activities to share the social information regarding the Covid vaccine drive. They can help in creating trusted communities and categories people of the similar demographics, same geography or people with the same affinities.

    These details can be used to discuss various factors which include the vaccination experience, after effects, opinions on the facilities and the actual process, best practices in the vaccination process and documentation on how to deal with the various aftermaths can be documented.

    These can be used to share an opinion and be used to socialize for a larger ecosystem.

    How Government can utilize this data

    All the above details can be used by the government for a timely, granular and actionable plan to utilize it for the entire vaccination drive in an idealized fashion. The government can analyze various other factors such as which vaccinations to order, in administering the vaccines such as the ones that are imported and homegrown, where the vaccines are to be shipped and the logistical details of it.

    They can also make decisions on whether to continue the vaccination drive or they will have to continue with a private partnership or public partnership. The government can also analyze the data sets and create vaccination drives in the most needed places and areas.

    They can also redirect the resources such as financial and personnel according to the needs of the vulnerable section in the country.


    Improving Workplace Safety in 2021
    Workplace safety has been and continues to be a hot topic of conversation thisyear. Certainly, there are some extra measures which are appropriate in light ofthe new threat of Covid-19. However, workplace safety is never something to beoverlooked or ignored because it’s important to provide it fo…


    FAQ

    What is the COVID-19 vaccination drive in India?

    COVID-19 vaccination drive has been initiated to cover healthcare and frontline workers and is to be scaled up to cover citizens above 60 years of age and and/or citizen above 45 years of age suffering from comorbidities.

    How many people are vaccinated for Covid in India?

    As of April, 8, India had administered 9,01,98,673 total doses of the Covid-19 vaccine.

    Is there a shortage of vaccines in India?

    Union health minister Harsh Vardhan had stated on that there is no shortage of shots in India. “All the claims of states are baseless and centre is supplying vaccines to all states equitably irrespective of the ruling party.

    Conclusion

    The startups can help the government in making the vaccination drives easier and carrying it forward more effectively. These are the various ways through which the Indian startups can help the government in Covid 19 Vaccination across the country.

  • Government must Focus on Favorable Ecosystem in COVID-19 Crisis: Manu Rekhi

    The coronavirus pandemic has affected economy not only in India but all over the world. COVID-19 has already resulted into lay-offs which led to increasing unemployment. IMF predicts that India’s economy will contract by 4.5% in FY21. However to accommodate the growing need of jobs, the Government needs to implement good and fair policies. Thus, Manu Rekhi, Director at Inventus Capital Partners, speaks on why the Indian government needs to create a business-friendly ecosystem and what entrepreneurs need to focus on.

    Manu Rekhi of Inventus Capital Partners believes that the government should not finance startups or venture capitalists. Instead, it should focus on providing an ecosystem favorable for the startups by carrying out effective policies and practices. India needs to create jobs for 12 million graduates entering the workforce every year. Startups absorb nearly 57% of fresh graduates in the country.


    Also Read: How Different Sectors will Resume their Operations after Lockdown?


    Lobbying by big firms and Brain Drain

    Acknowledging the startup initiative and commenting in the greater influence held by the big companies, Manu Rekhi said,

    When the startup policy was being drafted, Startup Bridge India along with a consortium of organisations (TiE, Nasscom, FICCI, iSpirit and more) made 129 recommendations to make it easier for startups to grow in India, but only 10 percent of the recommendations were accepted. The policy has not created a level playing field for small companies and investors. There is too much lobbying by large firms who have a vested interest to limit competition.
    If this is the case, there will be a continued brain drain from India and startups will eventually move to places of efficiency. This is why we see a continued increase in company registrations in Singapore and Delaware from Indian startup founders. Patchwork like POEM just convince startups to pack up their bags and move to the west. It’s not unpatriotic to leave India, rather it is unpatriotic to not strive towards having the best environment for startups and encourage healthy competition in India.

    Unnecessary business regulations and taxes need to be done away with to let the startups breathe and survive.

    Calling out on the hostile business ecosystem, Manu Rekhi asserted

    The other important thing is that if a country is not business-friendly, startups have to change their origin of operations. You have to be ready to move to a market that supports your business ideas. Any country keen to create a great startup ecosystem should make it friendly to smaller businesses.

    Startups during their initial phase are vulnerable. Hence, government policies in India should provide a similar playing field. Burdensome and ineffective policies can lead startups to die a premature death.

    Earlier, Deep Kalra, chairman and CEO of MakeMyTrip, had warned about the global rivals taking over the Indian startup system. Home-grown companies are struggling to achieve share in the domestic market. Large foreign companies after merging with the local company create a stressful environment for the other potential local players.


    Also Read: These Companies are Laying Off due to COVID-19 Crisis


    Policies should be implemented to accommodate the capital requirement by small firms from foreign conglomerates but market security provisions should be rendered to make the local players competent enough to take on big firms. This can only be achieved by the putting place effective startup orientated regulations, thus promoting growth and enhancing the startup space in the country.