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Summary
TLDRこのスクリプトは、インドの未来を考えるパネルディスカッションを記述しています。参加者は、新しい世代の寄付者、特に女性リーダーシップの台頭と、彼らが持続可能な開発目標を目指すための革新的なソリューションを模索していることを強調しています。彼らは、政府と民間企業の協力、特に教育や医療分野での協力を促進し、投資やインセンティブを通じて貧困と不平等を減少させるための具体的なアイデアを提案しています。
Takeaways
- 💼 現在の世代の贈与者たちは、資金を投じる際に伝統的な健康問題以外の分野、特に気候などとの交差点に注目している。
- 🌐 世代間の贈与者たちは、より戦略的かつ戦略的な慈善活動を検討し、女性がリーダーシップを担う女性主導の慈善活動が急速に進んでいる。
- 💰 政府は、贈与を促進するためのインセンティブ、特に税制インセンティブを提供することが重要である。また、贈与の透明性と可視性を高めることで、より多くの贈与を促進できる。
- 📈 株式を寄付するインセンティブが重要で、公開企業の株式を慈善財団や慈善団体に寄付する際に、売却を延期できる期間を5年間に延ばすことが望ましい。
- 🏫 教育分野では、利益を上げる教育機関を認め、教育の質を示す指標を強化し、大学間の協力プラットフォームを構築することが求められている。
- 🏥 保健分野では、低コストで高品質な医療を提供し、特に小都市に焦点を当てた病院の設立が重要である。
- 🤝 PPP(公的民間パートナーシップ)モデルは、医療や教育の分野で政府と民間企業の協力が不可欠であり、より効果的なサービス提供につながる。
- 🌟 インパクト投資は、特に農業、水、健康、教育、金融包括などの分野で、新しいアイデアやビジネスモデルを生み出している。
- 💡 インパクト投資の成長には、国内外の投資家の理解と参加が不可欠であり、特に国内の投資家の関心を高めることが求められている。
- 🌿 社会株式市場の設立は、慈善活動の透明性と開示を促進し、寄付をさらに活性化させる可能性がある。
- 🔄 政府は、資金の効率的な配分や、特に最も脆弱な地域や層への資源の優先的配分を通じて、経済成長の平等化を促進する政策を検討する必要がある。
Q & A
なぜ「今の世代の寄付者」が注目されていますか?
-「今の世代の寄付者」は、新しい流動性イベントに伴い、多くの資金を投入しているため注目されています。彼らは伝統的な健康問題だけでなく、気候やその他の分野に資金を投入しており、世代間の枠を超えた寄付活動を通じて社会的イノベーションを促進しています。
女性主導の寄付活動がどのように社会を変えていますか?
-女性主導の寄付活動は、社会的イノベーションを促進し、女性の意思決定権を強化することで、社会的に重要な問題に対する寄付の針を動かしています。女性は財産を創造するほどではないが、寄付活動に積極的に関わり、寄付ネットワークを通じて多くの家族が集団で寄付を行っています。
政府や民間部門が寄付を促進するために何を優先すべきですか?
-政府や民間部門は、寄付を促進するために税制上のインセンティブや寄付の透明性、さらにはプレイヤーの多様化と生態系の強化を優先すべきです。これにより、より多くの寄付が促進され、社会的イノベーションが促進されます。
株式を寄付する際の税制上のインセンティブはどのように機能しますか?
-株式を寄付する際、税制上のインセンティブは、寄付者が取得した株式を慈善団体や財団に寄付した時に、その株式を売却する必要がある期間を5年間に延長することで、税上の利益を提供します。これにより、寄付者は税を支払わずに持っている株式を寄付することができ、寄付促進に役立ちます。
教育分野でどのような革新的解決策が求められていますか?
-教育分野では、高品質な大学の創立や、教育の入手可能性の向上が求められています。特に、利益を追求しない教育機関のモデルを超えた、利益を追求する教育機関の認容と、教育品質の向上を目指す取り組みが重要です。
アショカ大学モデルとは何ですか?
-アショカ大学モデルは、非営利の教育機関を指しており、高品質な教育を提供することを目指しています。このモデルでは、教育の質とリーチを向上させる取り組みが行われており、将来的には多くのアショカ型の大学が創立されることが期待されています。
持続可能な開発目標(SDGs)を達成するためには、どのような投資が必要ですか?
-持続可能な開発目標を達成するためには、年間2.5万亿美元の投資が必要です。COVID-19の影響により、投資は一時的に減少しましたが、今後は農業、水、健康、教育、金融を含む分野への投資が増加することが期待されています。
アヤシュマン・バート医疗保险計画について、どのような問題点が指摘されていますか?
-アヤシュマン・バート医疗保险計画では、民間医療提供者と政府間の支払いの遅延や、見込みの低い報酬レートが問題視されています。これらの問題を解決するためには、政府と民間部門の間の協力と、より迅速な支払いシステムの確立が求められています。
社会的な株式市場の設立は、どのような影響を与えると期待されていますか?
-社会的な株式市場の設立は、寄付の透明性と開示を促進し、寄付者や投資家がより多くの情報を得られるようにすることで、社会的なイノベーションと投資を促進するでしょう。
将来において、政府はどのような政策変更を行うことが求められていますか?
-将来において、政府は労働集約型の成長を促進し、特に女性と若者を対象とした雇用創出の促進、教育と医療の質の向上、さらには貧困率の低下と不平等の縮小を目指す政策変更を行うことが求められています。
アショカ大学の創立者であるAshishは何に最も興奮していますか?
-Ashishは、国家の成長軌道に立っていることと、政府が教育や医療に関する政策を策定し、その実施に取り組むことに最も興奮しています。彼の情熱は、これらの分野における問題を解決するための機関の創立と、政府と協力して政策を実施することにあります。
アビシャルグループの将来の展望は何ですか?
-アビシャルグループは、2030年までに資産を10兆ルピーから1兆ルピーに拡大することを目指しており、政府が考える新しい種類のファンド・オブ・ファンズの設立に期待しています。彼らは、より効率的な資本配置を可能にするファンド・オブ・ファンズの拡大を希望しています。
医療分野で何が最も希望されますか?
-医療分野では、政府による医療保険の充実や、小都市や地方への医療サービスの提供が希望されます。また、医療従事者へのインセンティブや、都市化の推進も重要視されています。
若者の希望と野望は、どのような未来を象徴していますか?
-若者の希望と野望は、インドの変革と発展を象徴しており、彼らが夢を実現するための集体的な責任があるとされています。特に、女性指導者への投資や、女性を支援する取り組みが、将来の焦点となります。
Outlines
💼 フィランTHROPYの新たな潮流
第1段落では、新しい世代のフィランTHROPYについての議論が行われています。彼らは伝統的な健康問題以外の分野、特に気候などの問題に興味を持ち、財政的なインセンティブや透明性の高い政策が必要なと述べています。女性主導のフィランTHROPYが急速に成長し、インドの約70%の家族が女性主導で行われていることが示されています。
🏫 教育インovationのための資本の必要性
第2段落では、教育、特に高等教育におけるイノベーションと資本の必要性が語られています。非営利のモデルであるAshoka大学の拡大や、教育の質の指標化、そして研究大学のための共同プラットフォームの重要性が強調されています。
🏥 保健サービスの普及とアクセシビリティ
第3段落では、保健サービスの普及とアクセシビリティに関する議論がされています。地域の小さな町における病院の必要性、医療費の負担とその社会的影響、そして低コストで高品質な医療サービスの提供方法が語られています。
🌐 社会開発目標への投資と課題
第4段落では、持続可能な開発目標(SDGs)の達成に向けた投資の必要性と、COVID-19の影響、インパクト投資の現状、および産業界とイノベーションが発展セクターに与える影響について議論されています。
🤝 公私協力モデルの改善と成長
第5段落では、公私協力(PPP)モデルの課題と改善点、特にAayushman医疗保险計画の見直し、医療保険の充実、および経済成長と雇用創出のための政策変更が議論されています。
🌟 インパクト投資と社会株式市場の将来
第6段落では、社会株式市場の設立とその意義、インパクト投資の拡大、そして政府が平等化のためのインパクトコインの導入を検討するべきことについて語られています。
Mindmap
Keywords
💡リキデイティイベント
💡女性主導の慈善
💡インセンティブ
💡株式寄贈
💡教育の革新
💡協業プラットフォーム
💡影響投資
💡PPPモデル
💡社会株式市場
💡影響コイン
Highlights
The emergence of the 'Now Generation' of givers who are investing in areas such as climate and health.
The importance of women-led philanthropy in driving change and the need to encourage more women to be decision-makers in giving.
The Giving Pie Network's collective impact with 300 families giving a significant amount to India, with 70% being women-led.
The need for incentives like tax benefits to encourage more giving and the suggestion of mandating transparency in where giving is directed.
Ashish's advocacy for allowing shares to be donated to foundations or charities without immediate liquidation, proposing a 5-year period instead.
The idea of for-profit education to legitimize and destigmatize profit in higher education and the call for better quality markers beyond NIRF rankings.
The proposal for more collaborative platforms in research universities and the prediction of 40-50 Ashoka-type universities in the next decade.
The discussion on the role of impact investing and the need for a larger pool of capital to address the Sustainable Development Goals.
The emphasis on the importance of creating quality private healthcare that is accessible and affordable, especially in small towns.
The challenges and gaps in public-private partnerships, particularly in healthcare and the Aayushman Bharat scheme.
The potential of the Care economy to create jobs and support women's participation in the economy.
The concept of an 'Impact Coin' as a way to equalize returns for impact investors and incentivize investment in challenging areas.
The call for public, private, and philanthropy partnerships (PPPP) to address healthcare and education more effectively.
The vision for India's growth trajectory and the need for labor-intensive growth to reduce inequity and create jobs.
The importance of breaking patriarchy and investing in women's leadership for equitable growth.
The panel's collective optimism for India's future and the role of young people in driving transformative change.
Transcripts
yes and they're giving a lot more well
they have liquidity events right so once
these liquidity events happen we call
them the now generation so the now
givers are putting quite a lot of money
like the comth brothers rain matter
putting into or even having Ashish here
really putting money into foundations in
climate and other kinds of issues that
aren't always the traditional Health but
more at an intersection so you're seeing
these now generation givers you're
seeing intergenerational kind of like
the panel we had before next generation
is actually wanting to do a lot more in
philanthropy and thinking about how they
can be more strategic and I think what's
very exciting and you'll agree with me
Shireen is that we're seeing women-led
philanthropy actually really move the
needle and if we can really get women to
do more and be more of the decision
maker so they don't necessarily create
the wealth as much but they're actually
leaning into doing that philanthropy and
our giving pie Network which has about
300 families now collectively giving a
th000 crores to India 70% of the the
these families are actually women L as
in they're the ones engaged in the
philanthropy so if I were to ask you n
for one thing that you believe we need
to prioritize both from a private sector
perspective but also from the
government's perspective to create a
much more enabling facilitative
environment to encourage more giving I
think we have to have some incentives
right so I think incentives to give more
yeah like tax incentives I think it can
help and I think you know we we need to
be able to do that and we need to have
more visibility and transparent Arcy so
if the government can mandate and we
know where giving is going then we're
able to enable that so I think just
having more players and strengthening
that ecosystem I think will really help
okay Ashish I want to come to you now
yes go ahead I just wanted to add a
small thing on the giving I think the
incentive that would really help is
giving being able to contribute shares
because often people take their company
public uh if you donate shares to a
foundation or a charity it has to be
liquidated within a year so I would
Advocate that you know maybe give 5
years for a longer period of time that
will then enable people to sort of
tax-free give their equity which is the
way it happens does anyone really want
to part with equity for foundational
purposes or for giving purposes Ashish
no you'd rather I think it's easier
sometimes to give away small amounts of
equity than to give away money cash yeah
that's easier notionally and two is if
you're getting it pre-tax you know
giving away your Equity before it
crystallizes into a capital gain that
makes it easier yeah you know that's
that's one idea that you've put on the
table to create a more facilitative
environment for to encourage giving but
since you did uh pick up the mic let me
continue that conversation with you
Ashish and I want to talk about one of
the big spaces that requires innovative
solutions Innovative thinking and a lot
of capital from the private sector as
well a space that you're uh deeply
involved and engaged with education what
more do you believe needs to be done not
just at the level of primary education
but more so at the level of higher
education creating universities that
people have access to Affordable uh
educational facilities that people have
access to how do we create more Asoka
universities for the country so Ashoka
is a nonprofit and I I can talk about
that model later but I think we really
want quality universities to grow I
think first thing is I would say let's
Advocate to allow for profit you know
right now it's not for profit and then
people find a way to take money out
through an infra company content company
Etc let's make it legit for un D
stigmatize the idea of for profit for
Education absolutely and especially for
higher education it's a no-brainer I
mean you've seen it in the case of
Brazil the higher education companies
that have more than a million students
you know they've scaled up the
university system so that's one
two is I think we need a better quality
marker nirf is not enough I think
universities should be forced to
disclose their placement data the
acceptance dat you know all the data
about the students they get in and the
graduations the outcomes because often
That's the basis on which parents will
make decisions we've seen it with
engineering colleges the worst ones had
to shut down so for the market to work
well you can't have information
asymmetry so that's a a second one and I
think a third one for more research
universities like Ashoka we just need
more collaborative platforms I don't
think anybody can do it alone some
people can like the ambanis or shiv NAD
but I think more collaborative platforms
come together and I'm seeing that happen
we'll have 4050 Ashoka type universities
in the next decade in the next decade
4050 Ashoka type universities I think so
well that does deserve a round of
applause because it is a huge supply
mismatch at this point in time and we're
seeing Indian students actually having
to go outside of India uh to be able to
access quality education higher
education vit R you've been doing this
for over two decades now the idea of
bridging some of these inequities uh
assets under management across the
avishkar group of what about 8,000 cres
plus at this point in time where do you
believe the problem still lies what do
you believe needs to be done to really
unleash entrepreneurship for the
development sector
so let me actually just phrase 2030 is
just few years away sustainable
development goals came into being 2015 a
world without hunger poverty and Equity
brilliant thought process it's never
happened since the time Homo sapiens
walking straight so uh great vision from
the countries now uh to make it happen
you require $2.5 trillion a year
investment for last 15 years we lost
everything during covid so India itself
required close to a trillion dollar
investment close to a trillion dollar
investment in case we have to change uh
total impact investing despite all our
struggle everything impact investing was
born in this country this country
Remains the model I think we are talking
about few hundred billions that's where
we have reached globally impact
investing is close to a trillion uh I
think what we have done very well in
Impact investing is we have convinced at
least the foreigners that there is
something called impact investing and
they have started allocating large
amounts of capital uh we are still
struggling to convince uh Indians to
participate in the Venture industry uh
impact investing is going to be a step
from there uh the good thing that has
happened in India is that Venture
industry and impact investing has
actually come together partly because
some of the largest uh Enterprises are
coming are going to happen in
agriculture water health education uh
Financial inclusion uh and that's that's
exactly where the new ideas and new I'm
coming from startup marum and uh the
amount of people who the feet footfall
that we saw in agch was seen to be
believed actually where you have AIS and
G gaming competing against agch for
footfall so well that that certainly is
impact we will we will have to see how
this actually plays itself out but
you're right that we do have startups
now focusing on India specific problems
and trying to look for Indian uh ways of
being able to address some of those
including what you've been able to do
Shin with your chain of Hospitals now
explain to me uh what you've done
differently so that you can make Quality
Private health care accessible and
affordable and how do we scale that
model thank you sharen as we sit here
speaking about billions and trillions of
dollars and uh we were together at an
event recently at Davos where the head
of a large multinational Bank actually
mixed up for billions and trillions and
said no no I don't really meant trillion
I meant billion oh no it was trillions
so when we sit here speaking of that a
silent majority seems to slip through
all safety nets and India we are
speaking about more than 500 million
people who have no access to emergency
tertiary quality healthare and in
healthcare the issue is that the
inequalities are not just because of the
financial reasons that we speak of at
these panels right the inequalities go
way beyond that geographical reasons are
one of the top reasons right
metropolitan cities the nine metros of
uh India have a population of what
around 12 13 cres if we take the state
capitals as well another 20 cres so more
than 100 crores are staying above out of
these cities and they have less than 5%
of all super speciality Healthcare
available so even if you are a 100 CR
net worth individual in a small town
like sitar Gan where we work if you have
a heart attack and we were not there at
that moment of time there's no saving
you those 100 crores cannot save you so
we understand that the real need is in
these small towns but also poor physical
outcomes are just a small part of the
outcomes in all poor financial outcomes
are real and they are there for
everybody to see more than 40% of all
Indians and it is difficult to
understand sitting in this Hall more
than 40% of all Indians have to either
borrow or sell some asset every
hospital
hospital 5% of them slip below the
poverty line at each hospitalization
that is more than six CR people every
year yeah so providing low cost high
quality Healthcare is something that we
have excelled in we have now 22 of these
hospitals the setup costs are low we
apply the parto principle ruthlessly we
understand that at 20% cost we can
deliver 80% of the infrastructure 80% of
the outcomes 80% of whatever is needed
in that Healthcare region so this is
what we been doing and I think it is
real I I think it's very doable we've
we've proved it to the world we've
proven the model yes 22 hospitals up and
running across India across North India
at this point in time Ashish said 40 to
50 Ashoka universities over the next 10
decades how many hospitals are you going
to be set setting up over the next
decade yeah yeah we shouldn't be less
than ashis so 50 is the number we should
go with as well okay but you know we're
talking about safety nets an I want to
get you to come in on that as well but
just a quick point from you uh Swit in
before I I get n back in uh since we're
talking about safety nets and we are
talking about what the government can do
aayushman bhat for instance uh scheme
Maki scheme of the government it is up
for review vinode Paul committee has
been set up by the government to review
the aayushman bhat scheme what do you
believe needs to be done to recalibrate
if at all today uh you know people
question the reimbursement rates for
instance what do you think can be done
to make it more robust Shireen you know
we've been the champions of aishman bhat
ever since it was launched we did the
first cardiac procedure in the country
under aishman the first anoplasty was
done at our hospitals out of the first
10 hospitals recognized and rewarded by
the government four were ours
unfortunately the issue Still Remains as
in all PPP Partnerships this is a PPP
partnership right this a the government
is always wary and suspicious of the
private healthcare or the private
providers the private providers are
always wary that the government does it
really mean what it's saying uh on the
big dases uh payments are delayed due to
those suspicions only there's lots of
issues between the rates that the
private healthcare expects and the rates
that the government wants to give even
if we are ready to work at these rates
it's a very low margin high volume
business so but if you're earning less
than 10% margins on those low rates if
the payments com in a year later then
you cannot you know hope to earn any
money out of it and that is why
hospitals stop uh these services off and
on so like for example in harana all
private hospitals stopped aishman
services for a a couple of days because
their payments had been due for more
than one and a half 2 years so if they
can you know they've announced the green
Channel but if they can Implement on
yeah n you know just on the point of PPP
and models that have worked but as shuin
was also pointing out gaps execution
gaps remain and to Ashish is point about
collaboration you know off the 23,000 in
fi23 of CSR money and that available
pool of capital everyone wants to do a
little bit of Education everyone wants
to do a little bit of healthare but how
do you get education or healthare at
scale using that Capital through the
power of collaboration so in fact in our
report we talk quite a lot about we're
seeing an increase in collaboration and
having more pooled funds alongside with
government could accelerate you know a
little bit more Innovation but the
challenge Shina is not about is it
education or isn't is it health for
example 12 years we've been running a
collaborative for adolescent girls you
can't just Cho her into pieces and be
like here's education here's health you
have to work on sort of outcomes that
might be keeping her in school making
sure she's not getting pregnant not
getting married uh and you know is
employability which brings me to we can
have as many hospitals and education and
even businesses but our biggest
challenge is actually smoothing this
income for a bulk of the country right
income is just so choppy that if there's
some way to smooth that with policies
with schemes with additional support
because then you're going to get really
that engine for our economic growth and
the biggest challenge honestly that
we've seen is for girls and women and
the most vulnerable so they often get
invisible they often don't get reached
out to and that's where philanthropy
plays a role and that's where
collaboratives with philanthropy and
pulled Capital needs to go to the
aspirational districts it needs to go to
the most vulnerable because they need
products and services to be subsidized
ultimately yeah asish you know the the
the niog and amitab Khan set up that 100
aspirational districts with a clear
focus of being able to to try and
address uh the vulnerable but outside of
that if I would ask you to prioritize
and we were just talking about this
prioritizing growth but more importantly
Equitable growth job creating growth
what is it that you would like to see
now in terms of policy changes policy
interventions yeah so I think at the end
of the day whatever philanthropy does
will be very small um the state needs to
come up with policies and crowd in
private Capital to make it happen and we
need to focus on labor intens growth we
need to prioritize sectors where lots of
jobs get created uh so I would say a few
things one is the investment to GDP has
already gone up public investment it
needs to go up further because we need
much better infrastructure in order to
be competitive from a manufacturing
standpoint two is we need more
industrial incentive we have P which is
a good start I think we need an Eli
employment Linked In incentive
particularly for for and we need to pick
sectors like garments like uh woodwork
furniture making toys all the labor
intensive sectors which create lots of
jobs and provide the right set of
incentives for people to Kickstart uh uh
uh companies in those areas and to grow
them third is we need an exports Mission
because China captured anywhere from 30
to 50% global market share in all labor
intensive manufacturing from an export
standpoint this is a golden opportunity
for India because China is blacklisted
now and uh this will yield huge results
in terms of job creation so my focus
would be more on how does one accelerate
growth but accelerate growth in a manner
that's actually creates lots of jobs
because that's ultimately the way out of
poverty it's ultimately the way to
reduce the Gen index as well and so
therefore reduce inequity so not just
pli but an Eli as well and that's of
course been on the table let's see
whether the government moves forward
yeah I want to make a plug sharine for
the care economy I think it can create
jobs and it can really really really
help women now you have my vote on that
already we need much more of the Care
economy and that will unlock the
potential for women to participate uh in
the economy across the formal as well as
the informal sector but vene you know I
want to talk to you about uh one of the
big ideas that you've of course also
been involved with the social Stock
Exchange and India has seen the first
listing on the social Stock Exchange you
know take me through what you hope this
will do for some of these issues that
we've spoken about and for the idea
behind impact investors and impact
investing Al so I think social Stock
Exchange is more on the philanthropy
side so while I was one of the
Architects but actually worked more for
n than for me uh having said that I
think uh what it does is brings the more
important parts of transparency and
Revelation and allowing people or
encouraging people to do more
philanthropy I think for social stock
change while CSR and other things are
already there uh maybe we should
actually allow temples to invest and uh
I know I know there is actually the
amount of money that is lying in the
temples is actually worthy to go through
social Stock Exchange into the projects
that's listed so n for you please do
look at it I am very sure the current
government is actually thinking on that
line so do not forget that thinking of
being able to monetize what's lying with
temples yeah yeah and it's actually
Global I have actually gone to Vatican
and Tred to take money out of them I
realize they don't have much money but
so I've tried everything but Indian
temples are very important so I think we
should use the money productively
because the amount of hundi that they
receive is significant and make a big
difference probably more than what we do
on the CSR uh but if you if you have to
look on the equalization side on the on
the commercial side uh then like carbon
credits uh where you are pretty much
actually trading the Arbitrage for
growing trees uh I think we need to
evolve a impact coin this is actually to
address uh switchin uh see there's no
way I will do a startup in samastipur in
Bihar which I have done unfortunately uh
I will generate a $2 25% do irr and
compete with Rajan anandan of peak 15
it's not going to happen uh
unfortunately whatever I do uh as an
impact invest I'll do all stupid things
but when I go to the lp they ask the
same returns yeah now you don't need to
be a rocket scientist to understand
samastipur will always be far behind an
I graduate in Delhi or gaming a guy in
gaming will actually win against a
warehousing company so an impact coin
could actually work for switchin for
work for me to push Capital to generate
returns and then got get compensated and
that can come from the government so
impact coin is actually the way for the
government to think about in creating an
equalization for those places where
there is going to be a struggle to
create value well we've got three
concrete ideas Ashish vene and N putting
three concrete ideas for the next
government to consider should what what
what are you putting down on that list
for the next government to consider yeah
I think I agree that we need to add
another P to the PPP so it's public
private philanthropy Partnerships that
we need to make instead of just the
public private Partnerships I think for
healthc care and education both I think
it's naive for us to think that the
government can just step back and allow
the Private Industry to no can because
it continues to do the bulk of this
heavy lifting absolutely and the
government needs to play a very active
part uh we've been hearing Promises of
increased GDP spend on Healthcare we
need to see that in action now I think
for the next 5 years we need to make
very sure we need to incentivize doctors
and providers uh to go into these
aspirational districts go out of the
Cosmopolitan cities to set up Healthcare
facilities and we need to make sure that
we stress on urbanization enough see
because just having the hospital there
does not really cut it the doctor has
reached the super specialist stage he's
a cardiologist because he studied all
his life he did very well in school so
she needs a good school to be there for
her children to study she needs a level
of urbanization to relax after work so
all of that has to be pushed across all
of these districts to make sure that
Healthcare goes there as well you know
Ashish I'm going to start uh by asking
each one of you for your wrap-up
comments and I'll start with you Ashish
you know the one thing that gives you
the most hope at this point in time in
being able to address and Bridge some of
these inequities over the next 10 20 30
years and the one thing that you
individually through the various things
that you're doing through Central Square
through Ashoka and so on and so forth
the one thing that excites you the most
yeah I would say what excites me from a
country standpoint is that we are on a
very solid growth trajectory the next 25
years I think the real question is how
do we create more jobs so how do we make
sure it's labor intensive growth because
that will reduce Equity while we
accelerate growth how do we get more
investment how does India's share of
export in the world go up dramatically
and how do we move up the value chain
now in terms of me personally my passion
really is to build more institutions
that really work on these issues
alongside government on policy and
policy implementation as well but what's
been the biggest learning institution
building is hard work Ashish what has
been the biggest learning on on this
journey that you would like to share
with us and anyone else who's
considering Institution building I think
the biggest learning has been one is
partner with others Nero was also
referring to it um it's much better to
do it with others than just doing it
alone and two is government is the main
actor uh and so one has to work with
government and three is just be
Innovative there are new Solutions there
are new ways of working so being in
Innovative being outcome oriented uh is
something that we bring from the private
sector vene so you know what's the thing
that you're most excited about and
what's the future as far as the avishkar
group is concerned what what uh what's
driving you today so we are at around
14,000 cror hopefully to 1 lakh crores
uh by 2030 I actually didn't take into
my calculation the covid I went from
5,000 Rupees to 100 crores in first 10
year 150 million so roughly 1,000 crores
in the first 10 years 1,000 to around
9,000 in the second 10 years and we said
okay we'll continue on the same growth
so 1 lakh then covid came so we stayed
we have slowed down quite but I think
from
I'm very excited about government
thinking differently I'm very excited
about they actually talking about fund
of funds that's a good idea for them to
have less control yet have control uh
and allow thousand other people to more
efficiently deploy their Capital so I
think uh I would want to see if the new
government comes in whichever government
comes in to actually uh announce
different kinds of funds of fund which
are 1 lakh crores and not 10,000 crores
I'm fairly famous as a beggar both in
Europe and us uh I do not mind being
becoming famous here for fundraising uh
but till 2017 I raised zero in India in
last 5 seven years I've raised
significant amount of capital in India I
think what has been surprising is the
global fund of fund Capital now is
thinking about raising money in India
which is a big surprise so that means
there is a lot of capital here which is
curious and wants to participate and
government being one of the bigger
mobilizer of capital should actually
continue to be working on the fund of
fund path so fund of funds and a whole
host of fund of funds with a
significantly higher outlay chuchin what
uh is the future what makes you the most
excited what gives you hope and
confidence I truly believe this is
India's century and uh with the
government's focus on Healthcare I think
it's organizations like us that are at
the really sweet spot right the focus on
medical colleges nursing colleges
ensures that the supply side of
healthcare will be adequately addressed
for us we will have enough doctors
coming out to make sure that they don't
don't just stay in the big cities they
come out to the smaller towns and the
focus on insurance on making sure that
out of pockets funds reduced because we
have to realize that in India Healthcare
is not just under accessed it is under
served as well right the landet
commission for Global surgery said that
an lmic country like ours should have
about 5,000 surgeries per 100,000
population per year and this number can
go as high as 23,000 in countries where
out of pocket spend is negligible ible
and awareness is very high like the
Scandinavian countries but if you see in
India how many surgeries happened last
year is just about 2 2 and a half crads
so that's just 2,000 per uh 100,000
population where are the rest of the
3,000 people they're not getting the
surgery at all because they don't have
enough money or they are not aware that
is why all these guine Book of Records
come out of India right the doctor is
standing with the poor girl and they're
both very happy oh we removed this 20
kilo tumor look at this is so nice but
that tumor should have been removed 20
years ago when it was like a 500 gam
tumor right so this is increasing access
and we are getting more patients coming
into the hospital so I think
organizations like us are at the real
sweet spot and it'll be a good time for
everyone NRA I promised you the first
and the last word so we're going to end
with you what gives you hope and what
gives you what keeps you excited today
really special by being able to give the
last word because I actually believe and
we'll all agree that it is our young
people that give us hope right their
aspirations and how they really want to
see a transformed India I think we have
a collective responsibility to have them
achieve those uh dreams and aspirations
and I think we can in our country I
think our biggest challenge honestly is
patriarchy if we could actually break
this patriarchy yes that's that does
deserve a round of applause but we're
also collectively responsible for
perpetuating this but one of our biggest
initiatives right now is investing in
and really trying to transform women in
leadership and it's women in leadership
in business philanthropy development you
know across the board but we all have to
come on this together we all have to
come on this together and each of you
have very carefully articulated what the
road ahead looks like it requires all
stakeholders to be at the table and
requires all of us to collectively put
our hands together to sure that we
Bridge some of these very crucial gaps
and inequities uh ladies and gentlemen a
big round of applause to this panel uh
talking about creating an equitable
future for India appreciate your time
and appreciate your insights thank you
very much for joining us
today thank you to our esteemed
panelists and Shireen for that very
[Music]
insight
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