Recognising opportunities and coping with challenges -TiE

Recognising opportunities and coping with challenges -TiE Social Initiatives : 

Recognising opportunities and coping with challenges -TiE Social Initiatives Dr. Mukesh Aghi 7th March 2009

Lopsided development – largely economic, less human : 

2 Lopsided development – largely economic, less human India has made significant economic progress in the last 2 decades Risen to be world’s 4th largest economy 2007, PPP GDP above US$ 3 trillion compared to 4.3 for Japan, 7 for China, 14 for US But needs corresponding improvements in Human Development Human Development Index ranking at 128

… as it remains deficient in providing quality coverage on social issues : 

3 … as it remains deficient in providing quality coverage on social issues Healthcare – Low on nutrition, hygiene, access to doctors and medicines 14% still don’t have access to clean drinking water Only 43% births are attended by skilled health professionals Education - High on absolute numbers, Low in percentage terms and quality Islands of excellence like IITs, IISc, IIMs not representative of primitive school infrastructure Dilapidated school buildings and science labs Gender parity – Empowerment and education of women not in line with male population Many women work but do they get the best jobs?

Quality primary education is the foundation… : 

4 Quality primary education is the foundation… If India has to take advantage of global opportunities, even in a recessionary world, skills and knowledge of citizens are vital Begin with a primary education that should at least meet the basic objectives… Schools with requisite basic facilities Teachers with proper skills, training and motivation Lower drop out rates - Enrolment in primary schools is at 89% but goes below 64% at higher levels … and follows the principle of equality Women not seen as primary wage earners Boys get priority status within the family, for spending on their health and education

… where Steria is trying to make a difference : 

5 29/11/2010 5 … where Steria is trying to make a difference The size of the problem is huge but we strive each day to improve on our contribution in resolving it 51 ongoing projects 30,000 children 3000+ patients a year 26+ schools 8+ orphanages Give back to society, leverage our management skills Focus on educating children They are India’s future, tomorrow’s working population Sets the base for bringing them into the mainstream Special emphasis on the girl child and orphanages Award winning CSR program Approach Engage multiple stakeholders Shareholders, Employees, Clients Spend not just money… Part of the 1% club … but also time and effort Dedicated CSR team 600+ staff volunteers Mentorship to students, teacher recruitment What we do?

… proving that wealth creation is not contrary to social empowerment : 

6 … proving that wealth creation is not contrary to social empowerment Entrepreneurs strive to use capital efficiently for wealth creation… Spot new opportunities, innovation Undertake risks Pursue a vision with deep passion and conviction Take full responsibility for the outcome ... which, in turn, benefits and empowers the society Create jobs across the supply chain Provide a suitable working environment Foster a culture of professionalism, efficiency and social responsibility Create a cascade of consumption and capability to earn a better living

Case Study: GEWPInexpensive irrigation for subsistence farmers : 

7 Case Study: GEWPInexpensive irrigation for subsistence farmers India’s 260 million subsistence farmers live on less than a dollar a day And are challenged with critical water shortages Backed by Acumen Fund, GEWP, a for profit company, is helping small farmers implement inexpensive watering systems It has raised their incomes by upto US$ 400 per year – nearly 20% of India’s per capita GDP

Case Study: Narayana HrudayalayaSaving heart beats of the poorest : 

8 Case Study: Narayana HrudayalayaSaving heart beats of the poorest 700 million Indians don’t have access to specialist care Less than 1% of 2.4 million heart patients can afford surgery Dr. Devi Shetty founded Narayana Hrudayalaya in 2001 under AHF A network of sophisticated but low cost hospitals 60% treatments provided below cost Reduced cost of heart surgery by 50% Among world’s largest for coronary care 35,000 cardiac surgeries in 7 years Treated over 14,000 international patients 39 telemedicine centers for rural areas – with ISRO Health insurance at only Rs. 10 per month for 2 million farmers

Thank you : 

Thank you © Steria

Slide 10: 

TiE Entrepreneurial Summit 2010, - Asia's Largest Gathering of Entrepreneurs, Investors & Industry Leaders scheduled on 21st-23rd Dec, 2010 at New Delhi. Visit us at http://www.tiesummit.org/ www.tiesummit.org