Dear Readers, The 17th issue of Dnote Xpress is out! Grab your copy now… The biggest asset of this country are its citizens who time and time again have provided many glories to rejoice upon. We have left our mark in the fields of science, sports, arts, business and literature. We have progressed in every sector from agriculture to rocket science. Today, we are one of the fastest growing economies in the world and with the increasing number of entrepreneurs and technological advancements; our future surely looks to be bright. But, we still have a long way to go in recapturing the past glory of an India when it was once referred as the 'Golden Bird'. Regards, Team Fiinovation

1. Issue: #17 | August 2015
YOUNG INDIA
WHERE THE MIND IS WITHOUT
FEAR
In this issue:
CSR Mandate: Key to India's
Inclusive Growth
The Development Agenda Emerging India, Young Talent Fiinobservation of National Days
www.fiinova on.co.inwww.fiinova on.co.inwww.fiinova on.co.in

2. CEO’s DESK
From The
Onthe69thyearofindependence,Iwouldliketowisheachandevery ci zenofIndiaavery happy
Independence Day. Indeed, 15th August is the occasion which is valued the most among all the
fes vals celebrated throughout the year. With so many religions, languages, tradi ons and
geographical variance it is the feeling of patrio sm that unite us. In close to seven decades of
independence, we have proved that 'unity in diversity' is possible. This day in history is a me to
remember the sacrifice of our freedom fighters and celebrate the achievements of our
contemporaries, who have selflessly indulged in building the India which the creators of an
independentIndiaoncedreamedof.
The biggest asset of this country are its ci zens who me and me again have provided many
glories to rejoice upon. We have le our mark in the fields of science, sports, arts, business and
literature. We have progressed in every sector from agriculture to rocket science. Today, we are
oneofthefastestgrowingeconomyintheworldandwiththeincreasingnumberofentrepreneurs
and technological advancements, our future surely looks to be bright. But, we s ll have a long way
togoinrecapturingthepastgloryofanIndiawhenitwasoncereferredasthe'GoldenBird'.
While we bask in this spirit, we must also remember that the best way to celebrate freedom is by
becoming a responsible ci zen. This can only be achieved when we lend our efforts to upli the
marginalised communi es and ensure that they are given equal opportuni es to live and grow.
We must come together to create a na on that is bere of poverty, indifference and inequality.
Wethenwouldachievefreedominthetruestsense.
Mr. Soumitro Chakraborty
CEO, Fiinovation (Innovative Financial Advisors Pvt. Ltd.)

3. CSR MANDATE
KEY TO INDIA'S INCLUSIVE GROWTH
Today, India stands on the brink of a stupendous demographic dividend. It
is indica ve of a huge base of human capital which if used judiciously, can
reap long term benefits. Foresightedly, the increase in investments in
educa on, health, skill development and environment is expected to
enhance the exis ng societal infrastructure. This is also given a boost by
the fact that India has mandated Corporate Social Responsibility (CSR),
which will ensure improvement in societal development and upli ment
of marginalised and weaker sec ons of the society, working in tandem
with other developments and bringing about a holis c growth of the
na on.
Duringitsintroductory year,afewcorpora onsplannedandpooledinthe
required amount of funds for the chosen interven on, enlisted in
Schedule VII of the Act. The ones who were under-spending were seen
pu ng their efforts towards expansion of their expenditure manifold,
either by more investments in their exis ng projects, or by exploring new
avenues of interven on. Rest which were already prac cing CSR prior to
the introduc on of law, were consolida ng their performance. Thus, the
law facilitated measurement of societal performance to analyze and re-
frameCSRspendingbyacorpora onifneeded.
Today, in order to bring a greater impact on ground, the corporate leaders
are designing and aligning their organiza on's CSR ini a ves with the
other corpora on's CSR vision. Alongside, the corpora ons are moving
beyondrelega ngCSRasacheck-markac vity.Runninginitssecondyear,
thelawhaspromptedthecorpora onsinbringingoutmostimpactwithin
the allocated budget. Mostly the corpora ons retain an ac vity and pool
their funds in the following years, thus bringing a sustainable impact and
substan albrandrecallonground.
It has only been a year since the new CSR law was enforced, therefore, it
will take a few years for the corpora ons to contemplate the impact of
theirCSRac vi esdirectedtowardsna onbuilding.
-Aditi Singh

4. THE
DEVELOPMENT
AGENDALivelihood, Environment, Health & Education
India, the third largest economy, gathered
momentum in January–March 2015 touching
the 7.5% mark. Nevertheless, ambiguity
lingers in rela on to the economy's essen al
momentum and high-frequency indicators
paint a gloomy picture of the economy.
Fiinova on reviews the development agenda
ofthefourcrucialsectorsoftheeconomyand
howtheyfare.

5. LIVELIHOODDespite the government's focus on industrialisa on, agriculture remains an overriding sector of the Indian economy, both in
terms of contribu on to gross domes c product (GDP) as well as a source of employment to millions of Indians. Over 70 per
cent of the rural households depend on agriculture as their principal means of livelihood. Agriculture, along with fisheries and
forestry,accountsforone-thirdofthena on'sGDPandisitssinglelargestcontributor.
How is the sector faring?
The total produc on in FY14 stands at 263.20 million tonnes of foodgrains.
The GDP of agriculture and allied sectors in FY14 was US$ 156.1 billion.
The growth rate in FY14 was 3.6 per cent.
Agriculture is the primary source of livelihood for about 58 per cent of India's popula on.
Agricultural exports cons tute a fi h of the total exports of the country.
With an annual output of 130 MT, India is the largest producer of milk in the world.
Progress in the Sector
As per Department of Industrial Policy and Promo on (DIPP), the Indian agriculture a racted foreign direct investment
(FDI)equityinflowsofUS$2.15billionintheperiodApril2000-December2014.
ADAMA Agrochemicals, Israel based world's seventh largest agrochemicals firm plans to invest at least US$ 50 million in
India. Israel has been helping farmers mul ply their income with be er prac ces, yields and choosing the right crops or
vegetables.
MinistryofAgriculturehaveenteredintoMOUs/Agreementswith63countriesincludingUSA.
CanadaiseagertoassociatewithIndiaintheagricultureandprocessingsectors,predominantlyinpulsesandcanola.
The Government of India has planned to invest US$ 8.02 billion to revive four fer lizer plants and set up two new plants to
producefarmnutrients.
The Na onal Dairy Development Board (NDDB) has announced 42 dairy projects with a financial outlay of US$ 35.47
millioninordertoboostmilkoutputinthecountryandincreaseperanimalproduc onofmilk.

6. ENVIRONMENTPollu on.Deforesta on.Wildlifeex nc on.Theaspira onsof1.27billionpeople.Thesearesomeofthedecisiveconcernsthat
India grapples with every day. However, as India's popula on (will surpass China in 7 years) and economy con nue to grow, the
callforfindingsustainablesolu onsbecomesmorevitaleveryday.
How is the sector faring?
Over 160,000 metric tons (MT) of municipal solid waste is generated daily.
Of the 5,871 sq km increase in the forest cover of India, West Bengal accounts for nearly 64 per cent of this rise.
20 most polluted ci es of the world shows that 13 of those ci es are in India.
Globally, India con nues to be the country with the highest number of people (597 million people) prac sing open
defeca on.
Number of rivers defined as 'polluted' in India has risen from 121 to 275 in the last five years, with increased levels of
sewage a primary cause.
Per capita CO2 emission in India is 1.8 tonnes, far below of OECD (10.61 tonnes) and world average (4.39 tonnes).
Progress in the Sector
Indiaaimstohave33%treecoverthroughagro-forestryadding30millionhectaresofforestland.
Thegovernmentplanstoplant200croretreesalongtheen re1lakhkmNa onalHighwaysnetworkacrossthecountryto
employjoblessyouth.
The Namami Gange programme is expected to rejuvenate the river Ganga with inclusion of all tributaries under one
umbrellaatatotalcostofRs.20,000crorefor5years.
Planofgenera ng100,000MwofsolarpowerinIndiawouldneedinvestmenttothetuneofaround$110billion.
ThegovernmenthasatargettomakeIndia“OpenDefeca onFree”by2019.
The Union Cabinet cleared plans to spend nearly Rs 1 lakh crore in five years on 100 smart ci es, and 500 ci es and towns
underAMRUT.

7. HEALTH
How is the sector faring?
During 2008-20, the healthcare sector is expected to record a CAGR of 17 per cent accoun ng to US$ 160 billion by
2017 and US$ 280 billion by 2020.
The inflow of medical tourists is expected to cross 320 million by 2015.
As per DIPP, the hospital and diagnos c centres a racted foreign direct investment (FDI) worth US$3.0 billion between
April 2000-March 2015.
Only 3% of specialist physicians cater to rural demand while 70% of India lives in rural areas.
India requires 600,000 to 700,000 addi onal beds over the next five to six years, which poten ally has an opportunity
of more than US$ 25-30 billion.
Government's expenditure on tobacco control stands at Rs 35.2 crore whereas earnings from taxa on were Rs 24,315
crore.
Both in terms of revenue and employment, healthcare is one of the largest sectors in India which comprises of hospitals,
medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. The
sector is growing at an incredible rate due to its escala on in coverage, services and increasing expenditure by public as well
privateplayers.
Progress in the Sector
India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's popula on will cost an
es matedUS$25.73billionoverthenextfouryears.
MylanInchassignedadealtoacquirethefemalehealthcarebusinessesofFamyCareLtd,aspecialtywomen'shealthcare
company,forUS$750millionincashandaddi onalcon ngentpaymentsofuptoUS$50million.
In2014,$29.6billionwasreportedlyinvestedinhealthcarebyprivateequityfunds.
The medical tourism market in India is projected to hit $3.9 billion mark this year having grown at a compounded annual
growthrateof27percentoverthelastthreeyears.
The biggest recipients of investment through aid programmes of rich na ons have been the large commercial hospital
chainsinIndia.
India spends about 1 percent of its gross domes c product (GDP) on public health,compared to 3 percent in China and 8.3
percentintheUnitedStates.

8. EDUCATIONEduca on sector has seen a paradigm shi in the last two decades, a rac ng a lot of philanthropic ac vi es. Along with the
focusonuniversaleduca onthehighereduca onsysteminIndiahaswitnessedremarkablegrowthinthepastfewyears.
How is the sector faring?
In Budget 2015, the Government of India allocated US$ 23.6 billion for the educa on sector of which US$ 4.7 billion has
been allocated for Sarva Siksha Abhiyan.
India has more than 1.4 million schools and the number of ins tutes offering higher educa on in India is 44,668.
India's online educa on market size is expected to touch US$ 40 billion by 2017.
India has one of the lowest higher educa on enrollment ra o of 11 per cent.
India spends only 3.3 percent of its GDP on educa on, compared to an average 5.8 percent in developed countries.
The Indian educa on market is es mated to be worth whopping Rs.5.9 trillion in 2014-15 against Rs.3.33 trillion in 2011-12.
Progress in the Sector
100 'Deen Dayal Upadhyay Centres for Knowledge Acquisi on and Upgrada on of Skilled Human Abili es and Livelihood'
(KAUSHAL)tobesetuptoencourageskilldevelopmentamongyouth.
19NewHigherEduca onalIns tu onsincluding5IITsand6IIMswillbeestablishedacrossIndia.
The UGC has launched a Special Scholarship Scheme for students of North East Region, Ishan Uday from the academic
session2014-15.
ForeignEduca onalIns tu onsBilltoberevived,whichallowsforeignuniversi estosetupcampusesinIndia.
81%companiesconsidereduca onasthecoreareaforCSRac vi esinIndia.
The newly announced Scheme of the Government of India “Be Bachao, Be Padhao” for which Rs 5 crore has been made
availableforstrengtheninggirls'educa onin100specifieddistrictsonthebasisofChildSexRa o.

9. ThistalentedyoungboyfromAssammadehisfirstcarattheage
of 14. Bikal abandoned his educa on due to financial problems
of his family, but this did not stop him from pursuing his love for
machines. With his sheer passion and hard work Bikal was able
to make a car in just Rs.40,000. Presently at the age of 20, this
self-taught engineer earns money by repairing T.V, cars, phone
etc.andfinanceshisprojects.
Bikal Rai
Ankit Jaswal
Born on 23rd April, 1993 Ankit is considered a medical genius in
India and the world. Performing his first surgery at the age of
seven. A er At the age of eleven he a ended Punjab University
makinghimtheyoungeststudenttodosointhecountry.Hislife
ambi onistofindacureforcancer.
Shravan Kumaran and Sanjay Kumaran
These two young boys are perhaps the youngest entrepreneurs
of India. Sharavan and Sanjay, presently aged 16 and 14
respec vely, started GoDimensions an app development unit in
the year 2011. Over the years, they have developed many apps
which have received more than 35000 downloads. Apps made
by them are available on both Google Play Store and Apple App
Store.
Farrhad Acidwalla
He started an avia on website at the age of 12 which became
very successful. Then he sold the website and with the returns
of it started a company called Rockstah Media. Farrhad has
been a TEDx speaker as one of the world's youngest
entrepreneur.
Mukund BS
This young entrepreneur established Sriram Eco Raksha
Computer Pvt Ltd in the year 2009 to deal with the increasing E-
waste in the country. He also co-founded ReNew IT in 2009 to
make computer affordable for all, so far the company has
provided over 10,000 high quality economical computers to
students,NGOsandsmallscalebusinesses.
EMERGING
YOUNG TALENT
,

10. Popularly known as "Master Kishan", he directed his first film at
the age of nine and won a Na onal Film Award for it. Presently
at the age of 19, Krishan has won many na onal and
interna onal film awards and has brought laurels to the
country.
Kishan Shrikanth
At the age of eight, she started playing violin and within a year
she was on interna onal tours displaying her music skills. She is
widely considered as the prodigy violinist of this genera on.
Krishna holds the Guinness World Record for her unique 32-
hour-longNon-StopCarna cViolinSoloConcert.
An all rounder, Charu Sharma has won 5 Na onal Awards in
different categories, has completed expedi ons in all 7
con nents. Not only this, an en re chapter has been dedicated
to her feats which can be read in 9th and 10th grade books. As a
performer,shehasbeenpartofover600stageshows.
Krushnaa Patil
In 2009, Krushnaa became the youngest Indian woman to climb
Mount Everest, achieving the feat at the tender age of 19. She is
now on a quest to become the first Indian woman to scale the
SevenSummits,thehighestpeaksofthesevencon nents.
Suhas Gopinath
At the age of 14, he made his first website all by himself. He was
proclaimed as the world's youngest CEO, a er he founded a
mul na onal IT company called Global INC. In 2007, Suhas
received the "Young Achiever Award" by European Parliament,
BrusselsandInterna onalAssocia onforHumanValues.
Shubham, the son of a milkman and belonging to a rural village
of Haryana is the current Junior World Golf Champion. A self-
taught golfer who learnt the game through YouTube videos,
Shubham won more than 100 na onal and interna onal
tournamentsatatheyoungageof11.
Shubham Jaglan
Aathira Krishna Charu Sharma

11. TWEETS OF
THE MONTH
Shekhar
Kapur@shekharkapur
A day of introspec on. On
my responsibili es to
India. Free from the Bri sh
but yet not free of hunger
poverty and injus ce.
Make in India@makeinindia
India's #renewableenergy sector to
a ract USD 81.44 bn investments
by 2022'
Azmi Shabana@AzmiShabanaMore than 3 lakh children inIndia die frm vaccine preventablediseases every year. This#IndependenceDay give India’schildren a #shot4life
FOOD FOR THOUGHT
India is rightly called the Land of Spices. No country in the world produces as many varie es of spices as India.
There is only one doctor per 1,700 ci zens in India; the World Health Organiza on s pulates a minimum ra o of 1:1,000.
As announced by the World Economic Forum, January 2015, water crisis is the number one global risk based on impact to society (as a
measure of devasta on), and the number eight global risk based on likelihood (of occurring within 10 years).
In India, educa on has been made free for children from 6 to 14 years of age (up to Class 8), under the Right of Children to Free and
Compulsory Educa on Act 2009.
Since 2001, the government's flagship elementary educa on program, the Sarva Shiksha Abhiyan, has helped to bring some 20 million
children into school; most of them are first-genera on learners.
HEAR THE INFLUENCERS SPEAK
"Literacy in itself is no educa on. Literacy is not the end of educa on or even the beginning. By educa on I mean an all-round drawing
out of the best in the child and man-body, mind and spirit."
-Mahatma Gandhi
"India is a Hindu-majority na on, but it had Abdul Kalam, a Muslim, as its president and Manmohan Singh as prime minister. "India is an
example for the world."
-Canadian Defence Minister Jason Kenney
“India is not, as people keep calling it, an underdeveloped country, but rather, in the context of its history and cultural heritage, a highly
developed one in an advanced state of decay.”
-Shashi Tharoor
"India is a complex country of 1.3 billion people, 122 languages, 1600 dialects and 7 religions. Its strength lies in its unique capacity to
blend apparent contradic ons into posi ve affirma ons."
-Pranab Mukherjee
"It is a great honour for me to consider India my spiritual home and like a messenger I have tried to promote the key Indian principles of
ahimsa (non-violence) and karuna (compassion) wherever I go."
-Dalai Lama
Sushma
Swaraj@SushmaSwaraj
Women workers will be recruited
for overseas employment only
through State Governments
agencies. No more
exploita on of Indian
women.
HarshGoenka@hvgoenkaIn Microso , HCL & Googlewe now have Satyam,Shivam and Sundaram!!!Satya Nadella. Shiv Nadar.Sundar Pichai.

12. International Youth Day
12 August
FIINOBSERVATION OF INTERNATIONAL DAYS
Interna onal Youth Day is observed globally on 12th August,
providing opportunity for governments and other agencies to
focus on youth issues worldwide. The day was ins tuted a er
United Na ons General Assembly adopted a resolu on in 1999.
The theme for 2015 is Youth and Civic Engagement. Fiinova on
comprehends that engagement and involvement of youth is
crucial to achieve sustainable human development. India needs
to create opportuni es for youth engagement in poli cs, socio-
economic ac vi es and for overall development of the country.
Fiinova on firmly believes that India needs to empower its
youth and explore full poten al for contribu on to society,
developmentandpeace.
India has a rela vely young popula on with 70 percent below
the age of 40 (approximately 890 million). The government of
Indiahastakenanambi oustargetofskilling420millionIndians
by 2022 along with heavy investments in improvement of
adequate infrastructure, policy changes to boost employment
and opening up various sector to Foreign Direct Investment
(FDI). The private sector contribu on through employment,
educa on, skill development and corporate social responsibility
will be crucial to ensure holis c development of the youth in
India.
Fiinova on, a research based organiza on, is an integrated solu on enabler in the CSR and sustainability domain. It is focused towards
enhancing quality across organiza onal value chain through meaningful innova on thereby ensuring sustainability. It is Asia's first
proposal research laboratory wherein research is focused primarily on four sectors, which include health, educa on, livelihood and
environment. The prac ces CSR Por olio Management (CPM), CSR-CSO Partnership, Ini a ve Design, Ini a ve Management,
MonitoringandEvalua on,ImpactAssessmentandSustainabilityRepor nghelpprovidesimplesolu onstotheirpartners.
Fiinova on
24/30,GroundFloor,OkhlaIndustrialEstate,Phase III
NewDelhi-110020
Phone:011-42332200|Fax:011-42332205
website: www.fiinova on.co.in|Email:media@fiinova on.co.in
About Fiinova on
Indian Independence Day
15 August
It has been 69 years, since the tri-colour was first hoisted at the
stroke of midnight at Red Fort by Jawaharlal Nehru. It confirmed
that India was indeed free from Bri sh rule, a feat that was once
thought to be impossible. India's journey has been challenging
butthesuccessstoriesaretherefortheworldtosee.Frombeing
a na on with 90 percent poverty to becoming the third largest
economy in the world, the on-ground development has been
beyondexpecta ons.
The na on's flag has been flying high by many extraordinary
Indians in the field of science and technology, art and culture,
educa on and sports, research and innova on and poli cs. The
military might and nuclear arsenal has made the na on a
regionalsuperpower.
Thefutureofthena on liesinthehands ofthe65percentofthe
1.27 billion popula on who are below the age of 30. On this
independence day, let us all join hands in making the country a
strong and peaceful na on that is not only socio-economically
developedbutisalsosustainable,ensuringthattheneedsofthe
futuregenera onsarenotcompromised.