Soft loans for mfg plants can boost medical devices sector

Incentives such as soft loans for setting up manufacturing plants and rationalisation of inverted duty structure can give a boost to the medical devices sector, a report said on Friday.India continues to be an emerging market in the global medical technologies space, however, it has not reached its true potential, both in terms of the market opportunity and building a hub for innovation and manufacturing, said the CII– BCG report titled ‘Medical Technology: Vision 2025’. It said India holds a USD 50 billion opportunity in the medical technology sector by 2025. Listing a 10-point agenda for the government, the study said there is a need to increase government healthcare spending besides providing single window authority for regulation.On a priority basis, the government should take steps in the next twelve months to boost the medical technology industry, increase spending on healthcare and provide a platform to participate in government purchasing across schemes and states, it suggested.Besides, it sought “specific tax incentives and soft loans for setting up manufacturing plants in line with competing destinations such as Malaysia, rationalisation of the inverted duty structure for raw material and components, to make indigenous manufacturing more attractive”

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China is a beast no one understands; hold your cash: Udayan

The China phenomenon is quite impossible to analyze and one should not rush out to buy imagining world would straightening out in a few days, warns Udayan Mukherjee The China phenomenon is quite impossible to analyze and one should not rush out to buy imagining world would straightening out in a few days, warns Udayan Mukherjee. The market is in complete flux right now and amid volatily India may see sharp rallies.He says India stands out as a relative underperformer, but if this becomes part of the problem whose magnititude is yet unknown, “then this outperformance will not be of any consolation.” If one must buy, then top notch housing finance names and blue chip companies can be bought in small quanities, he advised.

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Blue Horseshoe Stocks: CRGP Recap & More – (UVXY) (GPRO) (GMCR)

——————————————————————————————** http://bluehorseshestocks.com/images/shoeheader.png————————————————————————————————————————————————————————————Calissio Resources Group, Inc.

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Traders demand repeal of all FSSAI advisories since 2013

All advisories issued by the food regulator FSSAI since 2013 should be withdrawn, traders’ body CAIT has demanded. All advisories issued by the food regulator FSSAI since 2013 should be withdrawn, traders’ body CAIT has demanded. The traders’ body in a letter to Health Minister J P Nadda has written that “all advisories issued by FSSAI since year 2013 should be withdrawn immediately to give respect to a Supreme Court order”

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EUR/USD surges more than 1% to its highest level in nearly two months

Investing.com – Investing.com—EUR/USD soared more than 1% for the second consecutive session to move to its highest level in nearly two months, amid a massive sell-off in equity markets worldwide as concerns of a recession in China mounted. The currency pair traded between a range of 1.1229 and 1.1389 before settling at 1.1384, up 0.0144 or 1.28% on Friday’s session

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