The storyline is that Governments are more likely to reform when their economy is experiencing a fiscal crisis (remember India in the 90’s?) rather than when it is business as usual. From an Indian perspective, a move in ranking from 130 to 77 in two years is no mean task, but not one that has been pushed on the back of any economic crisis. - Gautam Mehra
Expectations from modern financial managers have gone up several notches in recent times. In the key area of accounting for financial transactions and tax compliance, solutions are often complex and not comprehensive, making adoption by users difficult. The need for a solution that is easy to implement and cost-effective remains unfulfilled. CFOs today are navigating ever-changing environments and need real-time information for decision making.
In such testing times, the strength of a society lies in how fast it recovers from a crisis, the ability to restart business, and undertake holistic disaster recovery. It is, however, encouraging to see that at the time of such a huge crisis, the government, private sector and individuals alike have come together to get life and the economy back on track.
Since its launch one-and-a-half years ago, Unified Payments Interface (UPI) has allowed full-scale interoperability in transfer of funds. The transaction volumes have grown 123 times from 2 million in December 2016 to 246 million in June 2018, while transaction values grew 58 times from 7 billion INR to 408 billion INR in the same period.
Electric vehicles are the way forward for India and we must move towards self-sufficient electric vehicles that can replace fossil fuel-based ones. With the scale of pollution in India and alarming projections of worsening climatic conditions in the future, the only way to move forward in our quest to achieve environmental sustainability and clean air to breathe is to rapidly move towards electric mobility.
India’s healthcare sector is in need of a tectonic shift as the country has one of the lowest per capita spends on healthcare, leading to lower Universal Health Coverage (UHC). This has resulted in higher out of pocket expenditure (OOPE) and has become a major burden for the population, especially the vulnerable sections of society. Pradhan Mantri Jan Arogya Yojana (PMJAY) is a major government policy initiative for this section of the society.
This report explores the possibility of extensively using drones in the construction sector, and their effect on generating employment. It also covers emerging global trends, growth drivers, use cases, government initiatives, policies and regulations. Most importantly, the single factor that resonates throughout this report is our search for ‘bright spots’ that have the potential to enhance job creation in the construction sector.
This CII-PwC report presents emerging trends in the field of Ayurveda, and explores the challenges and opportunities it faces.
Dhritimaan Shukla, Partner, Forensic Services, PwC India
Rahul Lalit, Partner, Forensic Services, PwC India
Jaivir Singh, Vice-Chairman, PwC India Foundation
Rahul Garg, Partner and Leader, Tax Technology, PwC India
PwC's robust technology offering is a one-stop solution for all your GST Compliance requirements.
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Our exclusive app provides deep insights along with latest news and updates on the ever-evolving landscape of GST in India.
Welcome to the India alumni community of PwC.
The aim of our alumni network is to keep you in touch with your former colleagues and friends as well as PwC India.
PwC offers a diverse and exciting approach to development which puts you in the driver's seat. Driving your development and growth means that you have the opportunity to learn from your colleagues and clients around you through on-the-job experiences.
