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Issue: #18 | October 2015

CELEBRATIONS WITH A CAUSE7 YEARS OF SUCCESS...

FOUNDATION DAYSPECIAL EDITION

Today's Knowledge Is

Tomorrow's Opportunity

Fiinovation Celebrates

7 Years of Excellence

Too many of them dying-A

lot needs to be done

Fiinobservation of

International Days

Dissection of the Health

Sector in India

CEO’s DESKFrom The

Fiinova�on started its journey in 2007, with a team of four members aiming to provide quality and effec�ve services in the

CSR and Sustainability domain that could change the socio-economics of the country. Mo�vated by the objec�ves and

devoted for a cause, the growth story of our organiza�on came through dedica�on and hard work that has been recognized

and appreciated in the social development sector. We have been able to create the linkages essen�al for result-oriented

partnerships through in-depth research at groundwork. With years of work and a team of experts, we proudly developed

the Asia's First Proposal Research & Design Laboratory wherein research focuses primarily on four sectors: Health,

Educa�on, Livelihood and Environment.

We have been also assis�ng corpora�ons on framing their CSR policies and programme implementa�on to achieve their

objec�ves with stakeholders in their respec�ve work arena. We have been successful in bridging the gap between

businesses and communi�es.

I feel overwhelmed by not only the recogni�ons and awards that Fiinova�on has gained interna�onally and na�onally, but

more so because of the lives that we have been able to touch by our work. The credit of these achievements goes to every

member of the Fiinova�on family, who gives nothing less than 100 percent to the task in hand and treats every challenge as

a new opportunity to shine. As Fiinova�on celebrates its 7th Founda�on Day, with great pride and pleasure, I want to

congratulate each member of our organiza�on. I dedicate this day to all the stakeholders who have contributed in every

possible way for the very success that we are able to nurture with our family on this given day.

Although, seven years have passed but each day starts afresh and mo�vates/inspires us to broaden our opera�onal

horizons and create new milestones of our success. Fiinova�on takes pride in working with CSO's and other organisa�ons

for making an impact on the lives of those who need help for a�aining a be�er standard of living. The path of development

of all is not easy but as they say, “even the longest journey begins with a single step.” Fiinova�on also believes that small

efforts lead to great achievements. From the past seven years, our team of experts have been con�nuously working in the

sectors of health, educa�on, livelihood and environment, and have performed marvellously. The journey has been

tremendously sa�sfying knowing that we have been able to make a difference in these social sectors. As we grow, we look

towards addressing more challenges and overcoming them with flying colours.

Mr. Soumitro ChakrabortyCEO, Fiinovation (Innovative Financial Advisors Pvt. Ltd.)

Ÿ Fiinova�on was founded with a team of four members

Ÿ 1st research consultancy specializedin CSR

Ÿ Whistle blower in India for CSR

Ÿ 1st research consultancy specialized in CSRŸ Asia's first Proposal Research & Design lab"

Sector specific innova�on in development

Ÿ Integrated solu�on enabler in the CSR domain

Ÿ Web portal for instant project updates

Ÿ Knowledge partner for NGO boxŸ Mobile site launch for instant update

Ÿ 8th Interna�onal conference on CSRŸ "Best Innova�on Product or Service "at Social Innova�on AwardŸ Fiinova�on & Ins�tute of Directors' path breaking partnershipŸ Fiinova�on & FKCCI at the face of the Companies Act, 2013Ÿ Fiinova�on at 24th World Congress on Total Quality and Leadership Ÿ Fiinova�on & IOD conference on Environment Management Ÿ EBA : Socrates Award 'Best Enterprise of the Year - in the field of

Health, Educa�on, Environment and Livelihood with a focus on CSR & Sustainability', Oxford, UK

Ÿ Fiinova�on & IOD London Global Conven�on, UK Ÿ Fiinova�on at CII -'Bridging the Gap 2014'

Ÿ Fiinova�on at 9th Interna�onal Conference on Corporate Social Responsibility

Ÿ Awarded the "CSR Team of the Year "& "Caring company at World CSR Day"

Ÿ Launch of #PowerOfBangles CampaignŸ Fiinova�on & Ins�tute of Directors conference on 16th Environment

ManagementŸ Collabora�on with CII for Webinar series on CSR & Affirma�ve Ac�on &

Promo�on of Social EnterprisesŸ Mr. Soumitro Chakraborty CEO Fiinova�on, empanelled on the

Advisory Council of World Sustainability Congress & World CSR DayŸ Mr. Soumitro Chakraborty , CEO, invited and empanelled as Commi�ee

Member of the CII Northern Region: Regional Commi�ee on Affirma�ve Ac�on

Ÿ Fiinova�on & IOD London Global Conven�on 2015, UK

TODAY'S KNOWLEDGEIS TOMORROW'S

OPPORTUNITY

7 YEARS OF EXCELLENCEFIINOVATIONCelebrates

September 30, 2015, New Delhi: On the occasion of its 7th Founda�on Day, Fiinova�on in associa�on with Lions Blood Bank

successfully organised the annual blood dona�on camp on 29th September, 2015 in Okhla , New Delhi. Third campaign of

the Blood dona�on series comes close on the heels of the current dengue outbreak that has gripped the na�onal capital

and meets the demand of the shortage observed. With the theme "Donate blood for a reason, let the reason be life," the

mo�ve of Fiinova�on was to address the acute and rising concern of dengue in its own way.

On the ini�a�ve, Mr. Soumitro Chakraborty - Founder & CEO, Fiinova�on, said, "Elimina�ng blood shortage is the need of

the hour. Even though we organise this campaign every year on our Founda�on Day, this year it is although more required,

looking at the number of dengue cases reported so far. The company stands on the strong founda�on of facilita�ng services

to those who need it and this drive on our annual day is symbolic to our beliefs. It is the perfect tribute to the seven years of

the journey we have undertaken and are pleased that this small ini�a�ve will help save lives."

An overwhelming response to this noble ini�a�ve was observed, as people came forward volunteering to be a part of this

noble endeavour. More than 150 people par�cipated in the ini�a�ve, mainly from organiza�ons across Okhla, such as My

Dala, Madison, Leo Burne�, Gla� India, Nathealth, Snapdeal, Sonata Informa�on Technology and Wygen Systems among

others. Mr. Chakraborty, ini�ated the drive, followed by other volunteers. About 150 units of blood donated in one single

day, highligh�ng the success of the campaign.

Since 2013, Fiinova�on is organising Blood Dona�on campaign on its Founda�on Day. It was certainly a proud moment for

the blood donors to associate for such a noble cause which can transform lives and bring a change in the community.

imagine. believe. achieve.imagine. believe. achieve.

TOO MANY OF THEM

India is a young country that needs to build a founda�on, which is strong and healthy. Access, infrastructure, affordability

and technology will be required to shape the road ahead for the healthcare sector in India. Healthcare has been one of the

core sectors of economic development for many countries across the world. Healthcare increases efficiency and

produc�vity of any economic market. With India set to seek economic expansion and popula�on surge, this sector is likely

to be one of the largest and fastest growing ones.

It is also a value creator as it facilitates job opportuni�es for millions across the globe. Investments in this sector will open

scope for addressing the challenges that it is facing today. Due to unavailability of affordable and right health care systems,

many people are dying. India's health care systems ranking is 112th, out of 190 countries as per the WHO reports, which is

alarming keeping in sight the development interven�ons in India. There is a lot of scope for improvement, which can help

save millions of lives, including those, which are lost during epidemic outbreaks.

Despite millions of dollars spent, India is not able to tackle the rising deaths due to dengue, swine flu, cholera, chikungunya,

malaria and other diseases. The recent dengue outbreak in the capital of the country has claimed 40 lives unofficially, with

more than 9300 cases registered un�l Oct 5th. India faces the challenge of dengue almost every year. In 2010, over 6,200

cases, only eight deaths were officially reported. Un�l October 3rd, 2014, cases registered were 120, while in 2013 it was

2,557. In 2012, nearly 100 dengue cases, while 2011 saw 283 dengue cases in the same period. Other outbreaks such as

Jaundice in Odisha and Gujarat, and Swine Flu in Gujarat and Rajasthan have also claimed thousands of lives.

The major concern is the lack of healthcare funding from government, global groups and other sources, which is inhibi�ng

long-term behavioural changes, among both people and the health care sector whereby increasing the chances of repeated

outbreaks of epidemics. In this crucial stage, there is a window of opportunity for corpora�ons under their CSR strategy to

collaborate with organiza�ons and individuals in building a healthier India. As per NRHM Mission Director Anuradha Gupta,

private players must come out of their comfort zone and reach out to remote areas with healthcare programmes through

effec�ve public-private partnerships (PPP). India carries 20% of the world's disease burden, as per WHO, and it will require

support by the corpora�ons in healthcare programmes. This would require making healthcare accessible, at affordable

price, available in the far corners of the country, incorpora�ng all the technological advancements and establishing

adequate infrastructure. Partnerships with civil society, training skilled manpower and providing funds for health

programmes will surely help improve the ground situa�on. Though CSR funds will not be enough to build the infrastructure

required, the CSR funding can be u�lised towards research, awareness and building technologically advanced medical

devices to deliver healthcare in a portable, convenient and cost-effec�ve way. Therefore, the bo�om line is, if a corpora�on

considers healthcare as their CSR strategy and builds a systema�c approach to any issue, it will do a lot for the country,

people and resources in the future.

-Rahul Choudhury

DYING-A LOT NEEDS TO BE DONE

Healthcare sector - growth trend(US$ billion)

Source: Frost & Sullivan, LSI Financial Services, Deloitte, TechSciResearch Notes: E – Estimate, F - Forecast

2008 2009 2010 2011 2012 2014 2017F 2020F0

60

120

180

240

300

4551.7 59.5 68.4 72.8 81.3

160

280

CAGR: 17%

Major Initiatives - Public & Private

Ÿ Apollo Hospitals Enterprise (AHEL) plans to add another 2,000 beds over the next two financial years, at a cost of around US$ 225.28 million

Ÿ The E-health initiative, which is a part of Digital India drive, aims at providing effective and economical healthcare services to all citizens

Ÿ Chinese online giant Tencent has made its debut in India by leading a Rs 573-crore ($90-million) investment round in Practo (valued at $525 million), an Internet-based service to schedule appointments with doctors

Ÿ The allocation of Rs 33,150 crore for the healthcare sector is similar to the outlay in previous budgets by the Government of India

Ÿ CDC, a UK based development finance institution, invested US$ 48 million in Narayana Hrudayalaya, a multi-speciality healthcare provider

Ÿ India has received an aggregate of $377.3 billion in FDI from April 2000 to May 2015

Ÿ In the second phase of Mission Indradhanush, 352 districts have been selected including 279 mid priority districts, 33 from the North East states and 40 districts from phase one where large number of missed out children were detected. In the first phase 2 crore vaccines were administered to the children and pregnant women

DISSECTION OF THE HEALTHSECTOR IN INDIAThe Indian healthcare sector is to reach $280 billion by 2020 with a compound annual growth rate of 22.9 percent. The major contributors to this growth is the rise in income levels, greater health awareness, increased precedence of lifestyle diseases and epidemics and improved access to insurance. Healthcare is one of the largest sectors in India both in terms of revenue and employment, with its competitive advantage lying in its vast pool of well-trained medical professionals. There are around 6.6 lakh doctors in India and it requires about 4 lakh more by 2020 to meet the desired target of one doctor per 1000 people.

Market Size

Ÿ Indian healthcare market is worth US$ 100 billion and is expected to grow to US$ 280 billion by 2020

Ÿ The Indian medical tourism industry is pegged at US$ 3 billion per annum, with tourist arrivals estimated at 230,000

Ÿ The average investment size by private equity funds in healthcare chains has already increased to US$ 20-30 million

Ÿ India requires 600,000 to 700,000 additional beds over the next five to six years, indicative of an investment opportunity of US$ 25-30 billion

Ÿ Per capita healthcare expenditure is estimated at a CAGR of 11.3 per cent during FY 2008–15 to US$ 91 billion by 2015

Steadily Increasing (PE/VC investment in health care)

20

12 DEALS

126245*INVESTMENT

20

11 DEALS

46326*INVESTMENT

20

13 DEALS

135971*INVESTMENT

*Figures In $mn; Source Bain & Company

TWEETS OF THE MONTH

Kajol@KajolAtUN Great to see Govt. accelerating efforts to stop child mortality through Intensified Diarrhea Control Fortnight in India. #HelpAChildReach5

Ministry of Health@

MoHFW_INDIA

#MissionIndradhanush

aims for more than 90%

full immunization

coverage by 2020

against 7 vaccine

preventable diseases.

#FullImmunization

WHO@WHO Expanding access to

treatment is at the heart of a new set of targets set for 2020 with the aim to end the #AIDS epidemic by 2030.

UNICEF

India@UNICEFIndia

"Global goals have the

power to ensure that no

child dies due to

preventable diseases", Dr.

Gadok, @stc_india

#Greece

Zee News@ZeeNews

Good visit to @HighgateOstrich

learning about ostrich trade,

products and #ecotourism..

Guidelines to Article 8 of the WHO Framework Convention on Tobacco Control state that there is “no safe level of exposure to tobacco smoke.” Creating 100% smoke-free environments is the only way to protect people from the harmful effects of second-hand tobacco smoke.

Health ministry claims that there are about 6-6.5 lakh doctors available. However, India would need about four lakh more by 2020 to maintain the required ratio of one doctor per 1,000 people.

WHO estimates that, in India, water-borne diseases affect about 38 million people every year, out of which over 75% are children; 780,000 deaths are attributable to contaminated water and more than 400,000 because of diarrhea alone.

In India, even today, one person dies every two minutes due to TB. It is the second biggest killer after HIV/AIDS worldwide.

According to WHO, mortality rate due to cardiovascular diseases has decreased by 60% in Japan and Finland, 50% in the US, and 25% in Canada and Australia, but by 2015, mortality rate due to cardiac ailments will increase by 100 per cent in India.

According to current estimates, India will soon have the highest number of cases of cardiovascular disease in the world and estimated to account for 35.9% deaths by the year 2030.

Food for Thought..."In countries around the world, waistlines are expanding so

rapidly that health experts recently coined a term for the

epidemic: globesity."

- Laurie CunninghamSouth Africa

“80% of health apps are abandoned within two weeks.”

- Marco Della Torre

"Health is a state of complete physical, mental and social

well-being, and not merely the absence of disease or

infirmity”

- World Health Organization, 1948

“[In India] we covered 130 million children by way of special

campaigns against measles, focusing on those we were

constantly missing in the past and the results surprised us …

that is the amazing power of vaccines.”

- Anuradha Gupta, Deputy CEO, Gavi, the Vaccine Alliance

“You treat a disease: You win, you lose. You treat a person, I

guarantee you win - no matter the outcome.”

- Patch Adams

Hear the Influencers Speak...

Fiinobservation of International Days

Fiinovation, a research based organization, is an integrated solution enabler in the CSR and sustainability domain. It is focused towards enhancing quality across organizational value chain through meaningful innovation thereby ensuring sustainability. It is Asia's first proposal research laboratory wherein research is focused primarily on four sectors, which include health, education, livelihood and environment. The practices CSR Portfolio Management (CPM), CSR-CSO Partnership, Initiative Design, Initiative Management, Monitoring and Evaluation, Impact Assessment and Sustainability Reporting help provide simple solutions to their partners.

Fiinovation24/30, Ground Floor, Okhla Industrial Estate, Phase III, New Delhi - 110020Phone: 011-42332200 | Fax : 011-42332205 website: www.fiinovation.co.in | Email: media@fiinovation.co.in

Hand Washing Day

15�� October

The United Nations General Assembly

obser ved 2008 as the year o f

sanitation and declared 15th October

as the “Global Hand Washing Day” to

be celebrated every year. In India

3,3400 children die under the age of

five due to the same diarrheal disease,

which could have been prevented if

g o o d h yg i e n e s t a n d a rd s w e re

maintained. Hand hygiene plays a vital

role in ensuring a good health, nearly

80 percent of the communicable

diseases spread by touch and if hand

hygiene is practiced properly one can

e a s i l y a v o i d l a r g e n u m b e r o f

infections. Touch is not only limited to

coming in contact with another

person, objects but also performing

various activities, like eating without

proper clean hands, touching eyes,

nose and other body parts, that maybe

vulnerable if proper hygiene care are

not taken with care.

As they say prevention is better than

cure, it is important for the people to

understand and embed good hygiene

practices in daily life. The kids should

be told the importance of washing

their hands and the habit of good

hygiene should be developed in them

from a very early age.

International Day for

Disaster Reduction

13�� October

Every year the world is struck by a

natural disaster that claims thousands

of lives and leaves millions homeless.

Despite, all the efforts, scientific

knowledge, preparedness and risk

reduction measures, the world has not

been able to save lives and rehabilitate

people. The devastation due to the

natural disasters such as droughts,

floods, earthquakes, anthropogenic

activit ies add to other adverse

miseries which result in a catastrophe.

Natural disasters, majority of which

are exacerbated by climate change,

have a negative impact on investment

in sustainable development and the

desired outcomes.

The International Day for Disaster

Reduction has been observed every

year on 22nd December since 1989

after UNGA passed a resolution to

promote g lobal awareness for

preventive measures for disasters

i n c l u d i n g m i t i g a t i o n a n d

preparedness. In 2009, the UNGA

passed a resolution and designated

13th October every year to be asserted

as International Day for Disaster

Reduction. This year the theme for the

day is “Knowledge for Life – Focussing

on the use of traditional, indigenous

and local knowledge.”

The International Day of

Girl Child

11�� October

From female foeticide, ignoring the girl

child, to motivating them to fulfil their

dreams, today, the Indian society,

through conscious efforts of the

government, private organizations and

more informed parents, has been

working towards transforming the

orthodox mindsets. This includes

entailing them with best of health care,

education, food, etc as is enjoyed by

their opposite gender. However, on

analyzing the DISE data 2014-15,

Fiinovation reviewed that as a girl child

advances in her life, a few of them also

drop out from school due to increased

responsibil it ies. Deliberate and

conscious effort towards fulfilling the

dreams of a girl child shall help and

take us a step closer to attaining the

sustainable development goals.

The United Nations General Assembly

on December 19, 2011 declared

October 11, as the International Day

for the Girl Child, with an aim to

recognize the girls’ rights and the

challenges faced by them across the

globe. The introduction of SDGs this

year by the global community is a

suitable time to acknowledge and

recognize the achievements of the

young girls in India. Their achievement

is undeniable to obtain the mentioned

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