KEY HIGHLIGHTS FROM OUR 3rd
ANNUAL LEADERSHIP SUMMIT
AUG 31 – SEPT 4, 2020
USISPF was honored to have Honorable Prime Minister of India, Shri Narendra Modi, and the Vice President of the United States, Honorable Mike Pence, address our 3rd Annual Leadership Summit last week.
upcoming events conferences
Discussion on US-India Higher Education with Chicago Consul General
The Consulate General of India, Chicago, USISPF, and Sannam S4 invite you for a discussion with the new Consul General in Chicago, Mr. Amit Kumar, about US-India collaboration on higher education. The objective of the session is to introduce Provosts, Vice Provosts, and Senior International Officers of US higher education institutions, particularly those located in the Midwest US, to the new Consul General and for him to share his priorities related to the sector in his new post. For more information, contact Michael Green. Click here to register.
USISPF hosts a virtual close-door interactive discussion with Dr. PD Vaghela, Secretary, Department of Pharmaceuticals
USISPF will host an interactive discussion with Secretary DoP, Dr. P D Vaghela, and his team of senior government officials to discuss recent schemes from Govt of India to support companies in setting up a manufacturing base in India for select APIs & their KSMs and medical devices. Scheme Guidelines can be viewed here. This is an opportunity for members to share their input directly as well as share their manufacturing experiences in-country thus far.
This is a by-invitation-only program. For more details please contact Dr. Chitra Gupta
UPDATE ON STATES
The Tamil Nadu government on August 7th, 2020 announced a new electronics & hardware manufacturing policy to increase the State’s electronics industry output to $100 billion by 2025. Read the full policy here.
Andhra Pradesh tops in ease of doing business ranking
According to the State Business Reform Action Plan 2020 rankings released on September 5th, 2020, Andhra Pradesh has topped the country in the latest ease of doing business rankings. Read the full press release here.
Cabinet approves asset monetization of subsidiaries of Power Grid Corporation of India limited through an infrastructure investment trust
On 8th September 2020, the Cabinet Committee on Economic Affairs approved the monetization of assets of POWERGRID, through Infrastructure Investment Trust (InvIT) model. For more details, see here
General order for extension of time to hold AGM for FY 2019-20
On September 8, 2020, the Ministry of Corporate Affairs extended the timeline for holding Annual General Meeting till December 31st from September 30th. This measure is likely to be a big relief for around 12 lakh companies who are registered under the Ministry of Corporate Affairs. For more details, see here
Report of the Expert Committee on Resolution Framework for Covid-19 related Stress
The RBI, on 7th September 2020, announced the constitution of an expert committee under the Chairmanship of Shri K.V. Kamath to make recommendations on the required financial parameters to be factored in the resolution plans under the ‘Resolution Framework for Covid-19-related stress. For more details, see here
Health Data Management Policy announced by National Digital Health Mission
The National Health Authority (NHA) has released a draft policy titled ‘Health Data Management Policy of the National Digital Health’ (NDHM). The policy aims to look at data safety measures as part of India’s attempt to digitize its healthcare system. The draft policy is open to public consultation and the deadline to submit feedback is September 21st, 2020. The blueprint of the draft policy can be downloaded here.
For any support and more information on policy, please write to Ujjwala Jeremiah or Dr. Chitra Gupta
usispf is proud to support its member partners
One of India’s leading hotel chains, ITC Hotels, offers unparalleled ‘Responsible Luxury’®️, integrating India’s finest tradition of hospitality with world-class luxury experiences, in harmony with the environment and society. All ITC Luxury Collection Hotels have been certified with the coveted LEED (Leadership in Energy and Environmental Design) Platinum Certification from the US Green Building Council. To know more about ITC Hotels, click here.
With its recent WeAssure program, ITC Hotels reaffirms and strengthens its status as an exemplar in its commitment towards the health, hygiene & safety of its guests, associates, and partners. To learn more about WeAssure, watch ITC’s video here.
United Airlines Strengthens Global Network, Adding New Nonstops to Africa, India, and Hawaii:
United Airlines announced plans to expand its global route network with new nonstop service to Africa, India, and Hawaii. With these new routes, United will offer more nonstop service to India and South Africa than any other U.S. carrier and remains the largest carrier between the U.S. mainland and Hawaii. Find out more here.