VOCAL FOR LOCAL HOW IS IT A BOON FOR INDIAN STARTUPS?
While well-established Indian companies like Bisleri, Parle Products, Patanjali, and Amul had figured out the value of being a Swadeshi company, new Indian startups are yet to learn the ‘Vocal for Local’ is an advantage.
For those of you who have tuned out the news to maintain sanity, on May 13, 2020, India’s Prime Minister, Narendra Modi incited the nation to buy, value, and feel proud of local products.
In the competitive world of smart technologies, many individuals are enthusiast about initiating a startup with their brilliant idea. But considering the facts and survey results of the past 5 years, it seems that many startup companies fail to survive even for 12 months. Shocking, isn’t it?
But why really is that happening? Considering the fact that the idea they are trying to realize is OUT-OF-THE-BOX, these influencers fail to convince the prospects into committed clients.
One of the major factors that play a definite role is startup funding. You might have a great idea in your head, but if you do not possess monetary to realize the same into a living reality, you might just be wasting your time then my friend! To push ‘Vocal for Local’ and support the program pragmatically, an unload of the amount of Rs. 20 lakh crores was announced under Atmanirbhar Bharat Abhiyan Package which supports MSMEs profoundly. India’s finance minister, Nirmala Sitharaman, gave details about reforms to support stressed businesses.
Therefore, the ‘Vocal for Local’ is most certainly helpful to the Indian startup ecosystem as many of these startups would fall under MSME. These startups can grow to a certain size without losing their MSME tag. Above that, it presents a great opportunity for Indian startups to integrate themselves in the GVC (Global Value Chain) and get global from local.
Sprinkling & Newfangled Specialization in MBA
MBA in Health Care Management is one such professional course that is taking leap among several MBA aspirants. It helps the students oversee the operations and services that are offered in a healthcare facility. This is one of the best courses for interested students as it offers various opportunities in the healthcare industry.
Career Options after MBA in Health Care Management
There are a number of career options available for students who aim to enroll themselves for a course in this field. The options include:
• Healthcare consultant for niche boutique health consulting firms, IT consulting firms that do life sciences work, health insurers and health systems
• Hospital CEO
• Hospital Administrator
• Hospital CFO
• Product management for medical device companies
• Pharmaceutical Product Manager
• Product marketing for research organizations, biotech firms or medical device companies
• Medical Practice Manager
• Data Analytics and Competitive Intelligence across the sector (biotech/pharmaceuticals, medical device companies, health IT)
• Health informatics Manager
MBA in Rural Management –
A Promising Sector
“The programme is meant for those students who wish to participate in nation building in rural India which has a very high demand for professionals.”
According to a report by the Ministry of Rural Development, under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), 4.67 crore rural households were provided employment in 140.24 lakh works and in the process 187.91 crore person days of employment were generated.
