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India Plans Major HPV Vaccine Push with Frontline Training and Awareness Drive

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The Union Health Ministry is set to launch comprehensive capacity-building initiatives for frontline workers involved in administering the Human Papillomavirus (HPV) vaccine, as part of its ongoing efforts to prevent cervical cancer among young girls. This follows Union Finance Minister Nirmala Sitharaman’s announcement in the 2024 interim budget encouraging HPV vaccination for girls aged 9–14. Sources indicate that multiple meetings have been held by the ministry to devise a detailed strategy for the rollout. “Capacity building for frontline health workers, along with sensitization through IEC (Information, Education, and Communication) activities, is being planned for smooth implementation of the HPV vaccination program,” a senior official confirmed. The National Technical Advisory Group on Immunisation (NTAGI) had recommended the inclusion of the HPV vaccine in India’s Universal Immunisation Programme in June 2022. Currently, India has access to vaccines from MSD Pharmaceuticals and Serum Institute of India. MSD’s Gardasil 4 and Serum Institute’s Cervavac target four HPV sub-types: 6, 11, 16, and 18. Gardasil 9 — India’s first gender-neutral HPV vaccine — offers protection against nine HPV sub-types and is available for girls (9–26 years) and boys (9–15 years). The vaccines provide protection against cervical, vulvar, vaginal, and anal cancers, as well as genital warts in both males and females. Sub-types 16 and 18 are the leading causes of cervical cancer, officials noted. The World Health Organization (WHO) recommends a single-dose vaccine for optimal protection. India, home to 16% of the world’s women, accounts for nearly 25% of global cervical cancer cases and 33% of related deaths. Each year, around 80,000 Indian women are diagnosed with cervical cancer, and approximately 35,000 succumb to the disease. Source: Business Standard

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India’s M&A Deal Activity Hits 3-Year High at $27.5 Billion in Q1 2025

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Domestic transactions and private equity drive surge despite IPO slowdown India’s mergers and acquisitions (M&A) landscape saw a robust revival in Q1 2025, with deal activity soaring to a three-year high of $27.5 billion, a 29.6% year-over-year jump, according to LSEG Deals Intelligence. This marks the most active quarter since Q1 2023 in both deal value and volume, which rose by 13.6%. The spike was largely driven by domestic M&A, which saw a massive 145.4% increase, totaling $21.6 billion—the highest first-quarter total since 2018. Meanwhile, private equity-backed acquisitions surged by 227.6% to reach $5.3 billion, highlighting the growing confidence in India’s private sector. However, the positive momentum in M&A contrasts sharply with India’s equity capital markets (ECM), which stumbled after a record-setting 2024. Equity proceeds fell 59% year-over-year to $6.5 billion. IPOs contributed $2.3 billion—a 7% dip—while follow-on offerings slumped by 69%, raising just $4.2 billion. Block trades saw the sharpest fall, down 85%, amid increased market volatility and geopolitical uncertainty. Despite the slowdown, India maintained its presence on the global IPO stage, contributing 8.8% of total global IPO proceeds, behind only the U.S. (33.5%) and Japan (12.4%). Inbound M&A faced a downturn, dropping 67.8% to $3.7 billion—a nine-year low—while outbound M&A more than tripled to $2.1 billion, showcasing India’s growing appetite for international expansion. Top sectors for M&A included: Energy & Power: $7.3 billion, a 15-fold increase (26.7% market share) Financials: $5.2 billion, up 36% (18.8% market share) Media & Entertainment: $4.5 billion, up 15.5% (16.4% market share) In investment banking, total fees slipped 8% to $253.3 million. However, M&A advisory fees bucked the trend, soaring 142% to $101.5 million, with Jefferies leading the charge, earning $48.9 million (19.3% share). Bond market activity also saw an uptick, with offerings totaling $28.8 billion, up 13.8%, the strongest first quarter since 2019. HDFC Bank topped the bond underwriter list with $3.4 billion in proceeds. India’s Q1 2025 deal landscape reflects a dynamic shift—M&A and bond markets are heating up, while equity markets face temporary headwinds. With domestic confidence surging and private equity interest at record highs, India’s financial engines are gearing for a new cycle of growth and consolidation. Source: Hindustan

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Union Budget 2025: Reactions from Education Leaders on Key Announcements

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The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, has unveiled a range of initiatives aimed at transforming India’s education sector. With a strong focus on skill development, digital infrastructure, and higher education expansion, the budget sets the stage for a future-ready education system. Education leaders across the country have shared their insights on the impact and implications of these measures. Key Announcements in Education: Atal Tinkering Labs: 50,000 labs to be set up in government schools over five years to foster innovation and scientific temper among students. Broadband Connectivity: Extension of broadband under BharatNet to all government secondary schools, ensuring digital access for students in rural areas. Bharatiya Bhasha Pustak Scheme: Digital-format books in Indian languages to support multilingual education. Expansion of Medical Education: Addition of 10,000 medical seats next year, with a long-term goal of 75,000 new seats over five years. National Centres of Excellence for Skilling: Five centres to be set up with global partnerships for skill development in manufacturing and emerging technologies. Expansion of IIT Infrastructure: Capacity expansion in five IITs and hostel expansion at IIT Patna to accommodate growing student demand. Centre of Excellence in AI for Education: Establishment of a specialized AI centre with a budget allocation of Rs 500 crore to integrate AI into educational methodologies and research. Industry Leaders React to Budget Announcements: “The Union Budget 2025-26 demonstrates a strong commitment towards fostering inclusive and quality education in India. The government’s initiatives such as setting up 50,000 Atal Tinkering Labs in government schools, providing broadband connectivity to rural schools, and launching Centres of Excellence in AI for education with a ₹500 crore outlay reflect a forward-looking approach. The expansion of IIT capacity and the establishment of five National Centres of Excellence for skilling are crucial steps in equipping the youth with industry-relevant skills. Moreover, the PM Research Fellowship, offering 10,000 fellowships for technological research, will strengthen India’s innovation ecosystem. India, a nation of young entrepreneurs, is making its mark on the global stage by prioritizing skill development and future-ready education, a recognition further validated by the QS World Future Skills Index. These efforts collectively pave the way for a skilled and empowered workforce, driving the nation towards ‘Viksit Bharat’.” – Dr. Madhu Chitkara, Pro-Chancellor, Chitkara University. “The Union Budget 2025-26 demonstrates a strong commitment to India’s education sector, allocating ₹1.28 lakh crore—₹78,572 crore for school education and ₹50,078 crore for higher education. Key initiatives include adding 6,500 IIT seats, establishing a ₹500 crore Centre of Excellence in AI for education, and setting up 50,000 Atal Tinkering Labs to enhance STEM learning. Additionally, 10,000 medical college seats will be added next year, contributing to 75,000 new seats over five years. Despite these advancements, the allocation remains below the 6% GDP target recommended by NEP 2020, potentially impacting India’s Gross Enrollment Ratio (GER) goal of 50% by 2035. India’s education spending (4.1%-4.6% of GDP) aligns with global benchmarks, but a stronger focus on PreK-12 education, regulatory support for private schools, and equitable investment in digital infrastructure is necessary to ensure holistic growth across all levels.” – Reekrit Serai, Managing Director, Satluj Group of Schools. “Budget 2025 takes a bold step toward a knowledge-driven India, emphasizing AI, skilling, and digital access. With 50,000 Atal Tinkering Labs, broadband in government schools, and a ₹500 crore Centre of Excellence for AI in Education, technology is becoming a great equalizer. The Deeptech Fund and PM Research Fellowship Scheme further strengthen India’s innovation ecosystem. Expanding IIT infrastructure, setting up skilling centers, and increasing teacher recruitment will boost education quality. The focus on STEM, sustainability, and socio-emotional learning aligns with 21st-century needs. While the budget is ambitious, achieving the long-promised 6% GDP allocation for education remains a challenge. More collaboration between private and public schools, alongside better governance, is essential. With its emphasis on AI, upskilling, and cultural preservation, this budget is a significant leap forward—an 8/10 effort, with brownie points for integrating Indian sanskaar with futuristic growth.” – Kanak Gupta, Group Director, Seth M.R. Jaipuria Schools. “The 2025 budget takes commendable steps in expanding IIT infrastructure, AI-driven education, and skill development, but a truly transformative vision must go beyond elite institutions. With 90% of higher education provided by private and deemed universities, targeted support for these institutions is essential for inclusive growth. Additionally, ₹500 crore for AI in education is just a starting point—India needs bolder investments to lead globally in AI-driven learning. A more holistic approach will ensure that quality education reaches every student, not just those in premier institutions.” – ⁠Dr. Ramakrishnan Raman, Vice Chancellor, Symbiosis international University, Pune. “The Union Budget 2025-26 reinforces India’s commitment to education and skill development with a ₹1.28 lakh crore allocation. Key initiatives include broadband connectivity for all government secondary schools under BharatNet, the establishment of 50,000 Atal Tinkering Labs, and five National Institutes of Excellence for Skilling. The focus on AI, STEM education, and industry-driven skill programs will equip youth for a tech-driven future. Strengthening academia-industry collaboration and digital learning will accelerate India’s journey towards self-reliance and global leadership in education and innovation.” – Kunwar Shekhar Vijendra, Co-founder and Chancellor of Shobhit Deemed University, Meerut. “The Budget 2025-26 reaffirms India’s commitment to becoming a global knowledge superpower. With an allocation of ₹128,650 crore for education, this budget strengthens accessibility, equity, and quality. Key Highlights: School Education (₹78,572 crore, +16%) – Expansion of Samagra Shiksha (₹41,250 crore), PM POSHAN (₹12,500 crore), and PM SHRI (₹7,500 crore) will enhance infrastructure and learning. 50,000 Atal Tinkering Labs will foster innovation in government schools. Higher Education (₹50,078 crore, +7.74%) – Expansion of IITs, 10,000 new medical seats, and the PM Research Fellowship Scheme will boost research and innovation. AI & Digital Education (₹500 crore) – Establishment of the Centre of Excellence in AI will revolutionize education. The Bharatiya Bhasha Pustak Scheme will enhance inclusivity through digital Indian language books. Skilling & Employability – Five National Centres of Excellence for Skilling with global partnerships will align education with industry needs. Education Accessibility –

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WHO Recommends Potassium-Enriched Salt Substitutes for Better Heart Health

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The World Health Organization (WHO) has recommended replacing regular table salt with potassium-enriched, lower-sodium salt substitutes to combat hypertension and cardiovascular diseases. The George Institute for Global Health India has strongly endorsed this initiative, emphasizing its potential to save lives, particularly in countries like India, where high sodium intake and low potassium consumption contribute to widespread health issues. A study conducted by The George Institute for Global Health India, in collaboration with PGIMER Chandigarh, highlights the urgent need for dietary changes in India. It found that salt consumption is significantly above recommended levels, while potassium intake remains insufficient, fueling hypertension, cardiovascular disease, and chronic kidney disease. This research is part of a larger effort to understand how India’s dietary habits are linked to non-communicable diseases (NCDs). Prof. Vivekanand Jha, Executive Director of The George Institute for Global Health India, stated, “To tackle hypertension and heart and kidney disease, especially in rural areas, we must make low-sodium, potassium-enriched salts affordable and accessible. By working with policymakers and the food industry, and educating the public with clear labeling and subsidies, we can save lives and promote a healthier future.” He also emphasized the importance of ensuring the safety and efficacy of salt substitutes, particularly for people with kidney disease. The Salt Substitute in India Study (SSiIS) examined the impact of reduced-sodium, potassium-enriched salt substitutes on blood pressure in rural hypertensive patients. Initial data from the study showed excessive sodium intake, with urinary salt excretion levels at 10.4 g/day—more than double the WHO’s recommended intake. The study found that using salt substitutes was an effective and cost-efficient method to manage hypertension, particularly in high-risk populations. The study, led by Sudhir Raj Thout, Research Fellow at The George Institute for Global Health India, involved 502 hypertensive participants from rural India. Results showed that participants using the reduced-sodium, potassium-enriched salt substitutes for three months experienced notable reductions in both systolic (4.6 mmHg) and diastolic (1.1 mmHg) blood pressure. Additionally, urinary potassium levels and the sodium-to-potassium ratio improved. Participants also found the taste of the substitutes acceptable. Sudhir Raj Thout added, “The WHO’s guidance on lower-sodium salt substitutes is crucial for India, as it offers a simple and affordable solution to lower blood pressure and reduce cardiovascular risks amid the current high levels of sodium intake.” Global and Indian research supports the benefits of potassium-enriched salt substitutes in reducing blood pressure without compromising taste. These substitutes offer a cost-effective and accessible intervention, though individuals with advanced kidney disease should avoid them. The George Institute for Global Health India continues to advocate for potassium-enriched salts, collaborating with policymakers, healthcare providers, and the food industry to promote healthier dietary habits. Source: Express healthcare Photo Credit: Express healthcare

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Over Half of Indians Rely on Social Media for News: Reuters Institute Report

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A recent Reuters Institute Digital News Report 2024 reveals that over 50% of Indians rely on social media platforms like YouTube and WhatsApp for news. The report highlights a global decline in trust toward mainstream news brands and an increase in news avoidance and feelings of being overwhelmed by the sheer volume of content. The survey, conducted across six continents and 47 markets, notes that while platforms like YouTube (54%) and WhatsApp (48%) are increasingly preferred for news in India, Facebook and X (formerly Twitter) are losing popularity. The report also underscores a worldwide decline in Facebook’s news consumption, dropping by 4% in the past year. The study identifies a global shift in news consumption habits, with younger audiences favoring short video formats. Platforms such as TikTok and YouTube are emerging as key sources, while traditional publishers face challenges in monetization and audience engagement. Two-thirds of respondents globally expressed a preference for short news videos over long formats. The report also sheds light on the growing role of influencers, commentators, and independent creators as trusted sources of information, particularly on platforms like YouTube and TikTok. However, traditional journalists still retain credibility on networks such as Facebook and X. A major concern revealed in the report is the rise in misinformation. Globally, 59% of respondents expressed concerns about distinguishing real from fake news online, with platforms like TikTok and X being flagged for hosting misinformation, including “deep fake” content. Globally, trust in news is alarmingly low, with only 40% of respondents saying they trust the news they consume. In contrast, Finland leads with a 69% trust rate, while Greece and Hungary lag at just 23%. The report also highlights financial challenges for journalism, as fewer people are willing to pay for news. Only 17% of respondents in richer nations reported paying for an online news subscription, with significant discounts influencing those who do. Adding to the pressure on sustainable journalism are technological disruptions, including the growing influence of AI. The report warns that AI tools may flood the media landscape with low-quality, synthetic content, further eroding trust and interest in news. The findings point to a critical juncture for global journalism, with calls for innovation and trust-building amid the shifting dynamics of news consumption. Source: The Wire Photo Credit: The Wire

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CCI’s M&A Overhaul: Stricter Scrutiny, Faster Approvals Under New Rules

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India’s merger and acquisition (M&A) landscape has undergone a significant transformation with the recent amendments stemming from the Competition (Amendment) Act, 2023. Notified on September 9, 2024, these changes introduce stricter regulatory scrutiny while aiming to enhance ease of doing business. The new framework sets clear deal value thresholds, accelerates decision-making processes, and broadens the definition of control, aligning India’s regime with global standards. Key Highlights of the Revised M&A Framework: Deal Value Thresholds: Under the revised rules, any M&A valued above Rs 2,000 crore ($240 million) must be notified to the Competition Commission of India (CCI), provided the target has “substantial business operations” in India. This includes if the target’s Indian turnover or gross merchandise value (GMV) exceeds Rs 500 crore ($60 million) or constitutes at least 10% of global figures. Expedited Timelines: The CCI’s timeline for reviewing mergers has been shortened. The initial review period has been reduced from 30 working days to 30 calendar days, and the overall review period has been shortened from 210 to 150 days. This move promises faster clearances, benefiting businesses looking for speedier consolidation. Expanded Definition of ‘Control’: The new framework expands the definition of control to include the “ability to exercise material influence” over the management or strategic decisions of another entity. This change may bring more M&A transactions under CCI’s purview, ensuring that influential stakeholders are properly scrutinized. Exemptions for Minority Acquisitions: Acquisitions involving less than 25% of shares or voting rights that do not result in a change of control are now exempt from pre-merger notifications, easing the regulatory burden for smaller or unsolicited acquisitions. Higher Filing Fees: The filing fee for Form I has increased from Rs 20 lakh to Rs 30 lakh, while Form II fees have gone up from Rs 65 lakh to Rs 90 lakh, reflecting the more stringent review processes. Appointment of Monitoring Agencies: To ensure compliance with CCI’s orders, monitoring agencies such as accounting firms and management consultancies can be appointed. These agencies will be responsible for reporting any non-compliance with CCI directives. India’s revamped M&A regime signifies a new era of accountability, oversight, and efficiency. The introduction of deal value thresholds, expedited timelines, and enhanced exemptions point to a more sophisticated regulatory landscape. While these changes introduce additional compliance layers, they also promote transparency, making India an attractive destination for global and domestic investments. Businesses must adapt to these new rules, navigating both challenges and opportunities to benefit from the more streamlined M&A process. Source: Business Standard

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India Became ‘Pharmacy of the World’ During Covid-19: JP Nadda

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Union Minister of Health and Family Welfare, JP Nadda, hailed India as the ‘Pharmacy of the World’ on Monday while emphasizing the country’s significant contributions to global healthcare during the Covid-19 pandemic. Nadda was speaking at the 19th International Conference of Drug Regulatory Authorities (ICDRA) in New Delhi, where leaders from over 120 countries gathered to discuss regulatory practices and collaborative solutions to enhance global healthcare standards. “This prestigious platform [19th ICDRA] reflects our shared commitment to enhancing global healthcare standards and safeguarding public health,” Nadda said. He highlighted India’s pivotal role in addressing global health challenges through innovation, resilience, and collaboration. India’s Covid-19 Response: Vaccine Production and Global Impact Nadda elaborated on India’s rapid response during the pandemic, particularly its ability to ramp up vaccine production to meet both domestic and international needs. “During the unprecedented Covid-19 pandemic, India emerged not only as a global leader in health resilience and innovation but also reaffirmed its role as the pharmacy of the world,” he said. India’s extensive vaccination campaign, which successfully inoculated over a billion people, was described as a major milestone. Nadda credited healthcare workers and government initiatives for ensuring affordable access to essential medicines, vaccines, and medical supplies for nations around the globe. He also underscored India’s assistance to over 150 countries during the pandemic, driven by the ethos of “Vasudhaiva Kutumbakam,” the ancient Indian philosophy that emphasizes “the world is one family.” Cross-Border Collaboration and Regulatory Advancements Nadda emphasized that cross-border collaboration is essential for addressing global healthcare challenges. “The theme of this conference resonates deeply with our core belief that collaboration across borders, sectors, and disciplines is essential for creating lasting health solutions,” he stated. He also outlined India’s efforts to modernize its regulatory framework, highlighting the establishment of eight operational drug testing laboratories, with two more in the pipeline. Furthermore, eight mini testing labs have been set up at various ports to expedite the testing of imported materials. Over 95 percent of regulatory processes in India have been digitized, and the country’s medical device industry is now under regulation. With India’s healthcare system playing a crucial role in ensuring affordable access to medical supplies and vaccines during the pandemic, Nadda emphasized the importance of continued innovation and global cooperation to build a healthier, more resilient world. Source: Business Standard

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Heatstroke Took 374 Lives, Over 67,000 Cases Till July 27: Health Ministry

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India has reported 374 deaths and 67,637 cases of suspected heatstroke from March 1 to July 27 this year, according to Minister of State for Health Anupriya Patel. The alarming figures were disclosed in the Lok Sabha on Friday. The latest data reveals a significant increase from the earlier estimates provided by the Ministry of Health, which reported 110 deaths and 42,000 cases by June 18. The majority of these incidents occurred in rural areas, where strenuous outdoor work associated with agriculture and poor health infrastructure exacerbated the impact of the heatwave. Uttar Pradesh was the worst-hit state, recording 52 deaths. Bihar followed with 37 fatalities, while Odisha and Delhi reported 26 and 25 deaths respectively. These statistics were compiled under the National Heat-Related Illness and Death Surveillance by the National Centre for Disease Control (NCDC). Government Response and Measures The Integrated Health Information Portal has been receiving data on heatstroke cases and deaths from States and Union Territories since 2023, as noted by Minister Patel. State and UT health departments get yearly warnings from the Ministry of Health and Family Welfare (MoHFW) to put awareness, readiness, and response plans into place. The Union Health Ministry’s Secretary communicated with the chief secretaries of all states and UTs on February 29 in order to release this year’s advise. The warning included steps to improve community awareness of heat-related diseases and to bolster health sector readiness. Record-Breaking Temperatures and Weather Anomalies With a blistering 47 degrees Celsius, June 2024 witnessed the hottest temperature recorded in the month in a decade. The hottest temperatures ever recorded in June 2023 were 41.8 degrees Celsius, 44.2 degrees Celsius in 2022, and 43 degrees Celsius in 2021. This is a considerable rise above the prior records. Furthermore, July was the second warmest month overall in India since 1901 and the highest nighttime temperature ever recorded in the country. Significant flooding resulted from the abnormally high rains that followed the record temperatures in various states, including Gujarat, Kerala, and Uttar Pradesh. It was the hottest July on record for both mean and lowest temperatures in the east and northeast of India. The terrible heatwave has made it clear how urgently better infrastructure and readiness are needed to deal with extreme weather, especially in rural regions. The growing frequency and intensity of these occurrences highlight the significance of long-term policies to address climate change and its implications on public health, even if the government’s preemptive actions and advisories play a key role in lessening the impact of such heatwaves. Reference taken from the Hindu

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India Leads Asia-Pacific Region’s M&A Deals in Q1 2024: S&P Global

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India showed impressive numbers in merger and acquisition (M&A) deals in the Asia-Pacific region’s financial sector in the first quarter (Q1) of 2024, with 27 deals closed. This outpaced other countries in the region, such as Japan with 13 deals, Australia with 12, South Korea with 11, and Mainland China with nine, according to S&P Global Market Intelligence. The number of deals in India in Q1 2024 was one more than the previous year, while other countries saw a decline or stagnation in deal volumes. Overall, deal volumes in the region fell by 14% year-on-year, ending March 31, 2024, due to economic uncertainties, higher funding costs, and increased volatility from geopolitical risks. Leigh Howard, Chief Executive Officer of AsiaLink Business, highlighted India as a bright spot with a strong forecast and resilience, suggesting a reasonable expectation for continued robust deal-making. China experienced a significant drop in deal numbers, falling to nine in Q1 2024 from 24 the previous year. Australia saw a decrease to 12 deals from 26 a year ago. Four of the top 10 deals in value were closed in India, with a combined deal value of $845.79 million. The largest was Sumitomo Mitsui Financial Group’s (SMFG) acquisition of SMFG India Credit for $700 million. Other notable deals included Piramal’s acquisition of Annapurna Finance, Rajiv Rattan’s purchase of a stake from Lonestar Americas in RattanIndia Finance, and Muthoot Finance’s investment in Belstar Microfinance.

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80% of Public Health Facilities in India Are Substandard, Reveals Government Survey

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A recent government survey under the National Health Mission (NHM) has revealed that nearly 80% of public health facilities in India fail to meet the minimum standards for infrastructure, manpower, and equipment. This self-assessment exercise involved over 200,000 facilities, out of which only 8,089 scored 80% or higher for compliance. The government aims to make 70,000 facilities compliant within 100 days and will conduct surprise inspections to ensure standards are met. Public health facilities from states and Union Territories were asked to provide details on the number of doctors, nurses, and basic medical equipment available. The data shared on the Indian Public Health Standards (IPHS) dashboard showed that 40,451 facilities submitted key statistics through the Open Data Kit, a digital tool developed by the health ministry. The results were alarming, with only 20% of facilities qualifying as IPHS compliant, meaning they had the necessary infrastructure, human resources, drugs, diagnostics, and equipment to provide essential services. Approximately 42% of the facilities scored less than 50%, while the remaining scored between 50% and 80%. A senior health ministry official emphasized that the self-assessment and real-time monitoring are crucial to ensure health facilities maintain required standards, leading to better health outcomes and a more equitable society. The Centre is pushing states and UTs to address the identified gaps with full support to improve service quality. In addition to the IPHS, the National Quality Assurance Standards (NQAS) will continue to physically evaluate district hospitals, sub-district hospitals, community health centres, and primary health centres on best practices such as availability of essential medicines, equipment, waste management, infection control, support services, and patient rights. A new provision of virtual assessment has been introduced for Ayushman Arogya Mandir, the most numerous public health facilities under NHM. The NHM covers 60% of the costs for public health facilities, with the remaining expenses borne by the states.  

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