Category: Blog

Healthcare and Investment in India

Hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment are all part of India’s health industry.

The healthcare sector holds the topmost priority for people all around the world.

The country had a horrifying experienced amid the coronavirus outbreak in the last two years and the harsh reality of the Indian healthcare system was seen. This outbreak has also led to improving the healthcare system of the Indian hospitals.

In India 2,82,970 new cases of the new variant of coronavirus, Omicron have been found with 441 deaths according to data issued by the government. This time the Indian government and the Indian healthcare system are in a better state to fight the virus.

In the 2021 budget government of India announced a 137% increase in healthcare spending to fill the gaps of the healthcare sector. In India, healthcare accounted for around 1.8 percent of GDP. A new initiative called the PM Aatmanirbhar Swasth Bharat Yojana was introduced, with a promise to spend Rs 64,180 crore on it over the next six years, with a focus on three areas: prevention, cure, and well-being.

In the GHS index, India ranks 66th out of 195 countries, with a score of 42.8 and a 0.8-point drop from 2019.

This year also an increase is expected in the Union Budget 2022 which is to be presented on February 12 and 13 by Finance Minister Nirmala Sitharaman.

Private players on the other hand also hold a very important role in the healthcare sector.

Vikram Thaploo, CEO of Apollo Telehealth stated, “digital health along with various innovations should be encouraged. The government should also support private players and startups in this segment to increase the current coverage of the locations including tier-2 and tier-3 cities to provide advanced healthcare facilities in these areas”.

India’s second-largest healthcare hospital chain operator, Max Healthcare Institute Ltd. has planned to invest 450 Million in the course of the next 4 years in India. This would help India to pace up its healthcare facilities.

  • At a CAGR of 39% , the Indian healthcare industry is predicted to reach $372 billion by 2022.
  • The Indian digital healthcare industry was worth INR 116.61 billion in 2018 and is expected to rise to INR 485.43 billion by 2024, with a compound annual growth rate (CAGR) of 27.41 % till 2024.
  • The diagnostics industry is predicted to expand at a CAGR of 20.4% from $5 billion in 2012 to $32 billion by 2022.
  • Telemedicine is India’s most promising eHealth area, with revenues estimated to reach $5.4 billion by 2025, expanding at a 31% compound annual growth rate (CAGR).
  • The National Digital Health Blueprint has the potential to generate nearly $200 billion in added economic value for India’s healthcare industry over the next ten years.
  • India has the world’s largest health insurance scheme (Ayushman Bharat), which is backed by the government. Since 2014, India has spent INR 17,691.08 crore in 157 new authorized medical colleges.

2022 Real estate Budget expectations

During the last 2 years, there was a decline in the real estate sector due to the spread of Covid-19. From realtors to the developer’s everyone faced a hard time.

Now that an upsurge was being expected for the demand of real estate especially of residential homes, the new variant Omicron of Covid-19 has taken its place. Again a decline in the Indian economy can be expected. As the number of cases is increasing, also several restrictions are being imposed by the states.

As the 2022 budget is on its way, supportive action is being expected from the government of India. Relaxation in taxes, reduction in GST are being expected, these relaxations would help in boosting the real estate sector.

Real estate contributes to around 8% of the overall GDP proving to be an essential key factor for the Indian economy. 

Currently, up to 2 lakhs in interest paid on house loans may be deducted from income tax. To create a healthy demand in the sector, the amount should be increased from 2 lakhs. Similarly, GST exemptions or discounts on raw materials such as cement and steel should be made available. The cost of raw materials is rising, and lowering the GST rate might help developers save a lot of money.

Under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 114.06 lakh residences have been sanctioned, 89.36 lakh have been grounded (or foundation stone put), and 52.55 lakh have been built.

According to the Ministry of Housing and Urban Affairs, roughly 9.71 lakh residences have been finished and given to beneficiaries under the PMAY-U in Uttar Pradesh, 6.22 lakh in Gujarat, 5.26 lakh in Maharashtra, and 4.77 lakh in Andhra Pradesh under the PMAY-U.

“We expect this budget to provide policy stepping measures including tax relaxations, the impetus to the affordable housing segment, and the rental property market. Also, a stimulus to the demand generation, job creation, sustainable economic growth and support investment climate in real estate,” said Niranjan Hiranandani, Vice President, NAREDCO.

 

The new budget will be presented on 1st February 2022 by Union Finance Minister Nirmala Sitharaman.

 

Few budget recommendations are:

  1. Raise in home loan interest deduction from 2 lakhs to 5 lakhs for tax rebate
  2. Tax exemption of Rs 50,000 for investments in REITs
  3. Extension of Credit Linked Subsidy Scheme (CLSS) from 31st December which is under Pradhan Mantri Awas Yojna 
  4. The holding period to be reduced to 12 months on capital assets at 10%
  5. Enhancement of affordable housing
  • Apartment size to be increased from 60 sq m to 90 sq m  in metro cities and 90 sq m to 120 sq m in non-metro cities
  • Rs 1.50 crore in metro cities and Rs 75 lakh in non-metro cities from Rs 45 lakh

     6. Rescue of stalled housing projects by allowing tax-neutral business consolidation through amalgamation and merger

 

5 potential cryptocurrencies to invest in 2022

Cryptocurrencies are the new day investment. An urge has grown amongst people for cryptocurrencies. Here is a list of the top 5 cryptocurrencies one should buy in 2022 for a short-term investment.

 

  1. Algorand

Algorand is the first cryptocurrency to dethrone all of the main meme currencies. Its one-of-a-kind blockchain consensus technique outperforms typical proof-of-stake systems. This process, known as pure proof-of-stake, may pick small groups of ALGO holders to vote on proposals and propose blocks in a private and random manner. Algorand’s creators have virtually reduced the chance of tiny groups of holders disturbing the market using this randomization.

 

2. Chainlink 

Chainlink is a cryptocurrency that enables tamper-proof and dependable inputs and outputs for complicated smart contracts on any blockchain. With the aid of Chainlink, investors may connect to any external APIs and transfer money anywhere. Its decentralized network allows for the review of the same data before it is used as a trigger, preserving the crypto’s total worth.

 

3. Ethereum 

In the crypto market, Ethereum is a well-known participant. It has been in the market since 2015 and is the second-largest digital currency by market capitalization. The cryptocurrency is preparing to unveil Ethereum 2.0, which will address the major issue that Ether currently has with transaction speed.

 

4. Dogecoin

DOGE has been a popular issue in the crypto business as one of the key meme currencies thanks to celebrities and huge tech executives. Since its inception in 2013, Dogecoin has amassed a devoted following and has established itself as a viable cryptocurrency choice. Unlike many other cryptos, such as Bitcoin, there are no restrictions on how many Dogecoins may be issued, making the currency vulnerable to depreciation as supply grows.

 

5. Polkadot

Polkadot wants to unify them by developing a cryptocurrency network that connects the many blockchains so that they can function together. This fusion is unique.

 

Go and start investing in your favourite cryptocurrencies!!!

Cannot find your perfect investor?

Having ideas?? Want to have your own startup? Pire ventures is what you are looking for. 

PirE is a leading private investment firm with a razor-sharp focus on developing solid foundations for aspiring businesses in the real estate sector, consumer staples, healthcare, and niche manufacturing firms.

Ensuring our partners have access to a wholesome and thorough deal that will help to improve and flourish their businesses. Our foremost goal is to provide our clients with financial assistance for them to achieve a higher level of success and create a new and viable venture for themselves.

 

Creating Lasting Relationships”

Pire ventures investment area includes-

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Healthcare

The health industry has undergone rapid expansion in recent years amid of Covid-19 spread, piquing the interest of both international and domestic investors. PirE has in-depth industry experience, which makes it a reliable partner in such a dynamic business as healthcare. Our mission is to provide considerable and timely finance to our customers in order to help them create strong and profitable healthcare businesses.

Consumer staples

Using our financial experience, we aim to bring value and insight to a wide range of FMCG companies. We believe in a value-oriented investing approach that will assist those who are willing to take risks in building successful enterprises. Profits in this industry may be slow to come by, but they are consistent and hence long-term. Our duty is to assist our clients and assist them in seeing the benefits.

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Niche manufacturing

Our aim is to collaborate with extraordinary management teams to develop world-class businesses and drive incredible value for our clients utilizing efficient financial resources. We are focused on investing in and creating niche-market leaders at the lower end of the middle market.

Real Estate

What distinguishes us as a top investment organization in the real estate market is our comprehensive strategy, which involves substantial financial assistance to provide customers with a safety net while also establishing a sustainable business model and driving revenue development.

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Startups

PireE is unique, outstanding, and daring. We like the toil required to bring innovative ideas and start-up businesses to reality. 

Till now Pire Ventures has invested in more than 10 companies with a net worth of ₤100 Million with 30% investment in the consumer sector, 15% in health care, and 25% in the service sector.

We see the potential, We invest.

 Join us and start your dream project with Pire Ventures.

8 Things to avoid while making an Investment

Today each and every person does investments and most investments carry risk. 

It is very common to make mistakes while investing, but making mistakes in an investment can cause you tons of money. 

There are a few common mistakes that one can make when investing. Let’s get familiar with them and make them your advantages :

1. Insights of an investment

It is very important to understand the investment you are making. If you are investing in real estate you must know and understand the market, its conditions, its nature, and the location of the property. Do thorough research before investing in any type of investment or an asset. 

2. Patience

Patience is an integral part of any investment process. You must know when to invest and when to take out your investment. Keep your head practical and logical while making the investment and during the investment also. Don’t keep your hopes too high. The investment won’t give you results in a single day, keep your calm and invest carefully.

 

3. Break-even

Holding an investment for a longer period of time, thinking the investment would recover the losses you suffered is a real mistake. When the value of the investment starts to decline and there is no going back, sell off the investment. Don’t hold on to the investment for long expecting the value of the investment would increase and give you returns. 

 

4. Emotions 

Several people let their emotions control their investment decisions. 

For example- A person likes property in an area but the value of the investment keeps on declining. Such decisions can turn into nightmares and result in waste of your money.

Don’t ever let your emotions hamper your decision making while making an investment decision. Always take your decisions wisely based on facts and figures and avoid your emotions coming in your way. 

 

5. Not planning your finances

It is important to analyze your present financial situation and your future financial position before making any kind of investment. Make a wise financial decision keeping in mind the right amount to be invested, if any interests are to be paid. If you don’t have sufficient finances, reach out to a bank.

 

6. Risk involved

Risk is uncertain hence it is very important to do a risk analysis before investing in any kind of property whether it’s the healthcare sector or real estate or even the manufacturing sector. Analyze if the property is worth the amount of investment, will the investment give potential returns or if there is any other safer option to invest in?

 

7.  Tips 

Never invest in any asset based on the tips you received from colleagues, friends or family. Any investment should be done only after thorough research.

 

8. Diversity 

Diversity is the key. Never invest all your money into a single investment, as it is said: “ never put all your eggs in a single basket”. Having a healthy portfolio is very crucial, it will help you maintain a balance between risky investments and low-risk investments. At the time when your risky investments are not giving results, your low-risk investments will help you survive.

On the other hand, do not create chaos in your portfolio as it would become difficult to monitor the investments. 

 

Making mistakes is a part of any process. But it is important to learn from those mistakes. 

To avoid making the above mistakes you must prepare a systematic plan of your investments, the risks involved, the goal plan, the return on investment, nature of the investment. Each and every detail should be kept in mind before investing. Make sure you do not make the above mistakes. 

 

All the best for your future investments. Pire Ventures is in your assistance through all your investments.

 

Comment your favourite type of investment in the comments section!!!

Asset Management: A beginner’s guide

The pandemic has altered the way we live. It has impacted our health, both physical and mental, and is well on its path to affecting our financial well-being as well. It’s worrisome, to say the least. But there’s always light at the end of the tunnel.

We, humans, love to dream a dream of a blessed future, where everything’s right and just the way we planned it. But, it doesn’t always work out. Does it? The restaurant we have been planning to open, the trip we’ve been wanting to go to, the piece of jewellery we have wanted to own – these plans, however outlandish they sound at the moment, could be successful.

How? you ask? Very simple: SECURE YOUR FUTURE.

Asset management is one of the keys to a financially healthy tomorrow. Most of us think of it as something that’s too technical and beyond our reach. For the longest time, the common idea was that asset management was for wealthy investors. To an extent, sure, but not anymore.

Small-time investors can rely on mutual funds, index funds, and exchange-traded funds to make prudent financial choices. Asset management firms, these days, have restructured in a way that they are able to extend their services to both rich and average investors.

Things to keep in mind if you’re a rookie and interested in asset management.

1. An asset management firm’s job is to direct the client’s money in the market. Earlier, they would deal with wealthy investors but those times are far behind now because smaller investors can join the bandwagon as well.

2. When assets are managed intelligently, it helps to create wealth, which means the client will be able to multiply his riches with his existing money. One can hire a financial advisor, independent or work for a firm, to help him/her understand the risk factors attached to investments and how best he/she can direct the wealth.

3. It helps one manage taxes efficiently. The ever-changing tax laws can come with a new set of rules every financial year and therefore, some of the previous years’ investments may not make sense. It’s imperative that one seeks professional help in order to keep his/ her wealth in shape.

4. Taking early retirement is a tempting idea but for some, it’s a distant dream. Private firms don’t have pension plans and therefore, those wanting to retire early should have enough wealth to last them a lifetime. Financial planners can assist one in setting up a guide or developing lucrative pension plans for a secure future.

 

On the surface, asset management might seem like a big word from the world of finances that we have decided to not understand but once you dig deep, it’s as simple as saving and creating money, albeit with the help of experts.

What’s the key takeaway here? People invest for varied reasons. Some love the adrenaline rush of the risk that investments come with, some are addicted to building wealth. But, you must function according to your financial needs and wants, and not what others are doing.

Warren Buffet once said: “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.” So, let’s not forget. Whether your hire an asset manager or a firm to handle your wealth, your financial goals should clear as a bell.

Best asset management practices in times of COVID 19

‘Remember: When disaster strikes, the time to prepare has passed.’ – Steve Cyros. This is true, albeit to a certain extent. We’ll explain why. Read on to know more.
The economic ramifications of COVID-19 are incomprehensible. It has impacted people across physical and social boundaries. At this point, one might think one has lost all. And with the fractured financial structure across the board, it might seem like a massive challenge to pick oneself up from and get going. But, we are here to tell you that there’s light at the end of the tunnel.

Yes, we are living in uncertain times and have no clue what tomorrow holds for us, which makes strengthening existing assets and investing prudently more crucial. Companies are going into hibernation, factories have temporarily shut down, employment numbers have dipped, and it’s only natural to feel a strong sense of uncertainty but, there are always ways to overcome those hurdles.

To succeed during such unusual times, business owners must display the ability to adapt and improvise, provide its clients with a sense of stability, then and only then will there exist trust.

Leadership is crucial

Maintaining business stability is of prime importance, points out KMPG. A crisis-management team should be hired to assess the crisis. In doing so, everyone gets a clear picture of what’s to come, and in the process, the communication channels between the company and its clients are open and clear.

The financial landscape has been dented by the unprecedented spread of COVID-19. Therefore, combating the backlash will not be a walk in the park. This is why businesses should be ready with up-to-date information about where they are headed should their customers have pressing concerns about its direction. There is nothing more comforting for a confused client that timely response and accurate information.
Being flexible in times of crisis
No one thought COVID-19 will stick out like an eyesore, disrupt billions of lives across the globe, and impact each and everyone’s livelihood. To cut the long story short, anything can happen. And, what we did we learn from this overwhelming experience? Stay prepared for the worst, ALWAYS.
When firms partner up, they start a relationship that is based on trust. Along with money, sensitive data is exchanged, and it’s always advisable to devisable a system that puts data protection on priority. In addition to this, it always helps to keep one’s clients informed about how best and safely they can utilize the data they have had access to all this while.
The promise of stability
The times are rapidly changing, and there’s no way to know what the future holds. The volatility rate of markets is indescribable. During such times, it’s wise to always “review cash flow,” writes the site. Also, what helps immensely is to have a resilience plan in place and be open to the idea of identifying robust measures that could help clients adapt to the changing scenario.
Landlords can examine and monitor the financial health status of tenants, while real estate business owners should be ready to face longer vacancy periods as tenants would want to steer clear of occupying a new space at this time.

Give back
Finally, despite the challenges, give back. There’s nothing more reassuring than helping people in need. Put together an essential kit and donate across sectors that are worst it. It could be basic medical kits, food packets, clothes, and such.

Together we can fight the pandemic. Together, we are invincible!

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