ANDHRA CHAMBER OF COMMERCE

Vol. LXXII

May 2019

INFORMATION BULLETIN

PROGRESS THROUGH COMMERCE AND INDUSTRY

www.andhrachamber.com

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Contents

Bulletin Advisory BoArd

Shri Ch. Venkateswara Rao

Vice-President

Shri R.R. Padmanabhan

Chairman,

Foreign Trade Sub-Committee

Shri V.V. Sampath Kumar

Chairman, Indirect Taxes Sub-Committee

Shri K.n. Suresh Babu

E.C. Member

Shri M.K. Anand

Chairman

Skill Development Sub-Committee

Shri V.S. Prasanth Kumar

E.C. Member

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Editor And PublisherAndhra Chamber of Commerce, Chennai

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PrintersRathinam Printers

New No 27, Old No 13,

Angamuthu Street,

Royapettah,

Chennai - 600 014

PRESIDENT DESK 3

Presentation on “Oil on Boil (Economics of Petroleum)”, Chennai 4

FOREIGN TRADE – Statistics 5

Recent Judgments in VAT CST GST by Mr. V.V. Sampath Kumar 10

Designing Destiny by Mr. R R Padmanabhan 13

Govt makes it mandatory for all Medical Devices to get CDSCO certification by Smt. Rama Venugopal 15

Solve People Problems to Solve Business Problems by Mr S. Prakash 18

Labour Laws 21

Consumer Price Index Numbers 23

Updatation of Membership Details 24

Dear Members,

There is an old saying “all work no play makes a child dull” and now it is

“all work and no vacation makes a human being dull”. This is more or less

true.

Normally May month is synonymous with Holidays and Vacation. School

summer holidays means vacation season has arrived. In this scorching summer

and water scarcity, it is time for all to plan for a good vacation.

Breaking away from your routine to experience new places and things can

spur creative thinking that you can put to good use once you get back to the

business. The mental rejuvenation of downtime also allows you to de-stress

and refocus. When you return to work, you’ll be thoroughly energized and

engaged.

Taking some time away from the business can help you identify strengths

and weaknesses in the operation. Do things still run smoothly without you

there? How well does your staff work together in your absence? If the business

can’t operate effectively without you on site, you’ve uncovered a problem –

and an opportunity to make the business stronger by addressing it. Your body

and mind will thank you for it – and you might even give your business a

boost, too.

While the whole Nation is expecting the much awaited election results to

be announced on the 23rd May 2019, let us recharge and prepare ourselves

for the new challenges.

Dr. V.L. INDIRA DUTTPresident

Presidentdesk

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C H A M B E R

A presentation on “Oil on Boil (Economics of Petroleum)” organised by Andhra Chamber of Commerce jointly with Madras Management was held on April 24, 2019 at the Conference Hall of the Chamber, Chennai.

Shri K. Anil Kumar, Corporate Trainer, made a detailed presentation on the topic and interacted with the Members present.

Dr. M.K. Muthuvelu, Treasurer and Chairman of the Energy Sub-Committee of the Andhra Chamber of Commerce extended a warm welcome to the speaker and the members present. In his Welcome address Dr. M.K. Muthuvelu observed:

“Friends, this is the 87th event on the Management series programmes jointly organised with MMA. The earlier eighty six meetings were indeed interesting, thought provoking and well received by the participants.

As regards the topic for discussion today – “Oil on Boil - Economics of Petroleum” – Over the last few months, crude oil prices have witnessed an unprecedented increase, touching a 4-year high of

around $80 a barrel and proving wrong numerous experts, who until recently believed that it wasn’t possible for them to touch these levels in the near term. The buoyancy in the global economy has increased the appetite for crude oil in recent months.

It is important to know that the rising demand cannot be ignored. This assumes importance because many are of the opinion that the exorbitant prices are more a result of politics than economics”.

Shri P. Nandagopal, Secretary introduced the Guest speaker to the members present. In his introductory remarks he observed: “Shri K. Anil Kumar is a Master’s Degree holder in Petrochemicals, PG Diploma holder in Environmental Management & Petroleum Exploration and an MBA.

He has served in the large scale organisations like Bharat Petroleum Corp Ltd, Mahindra & Mahindra, Chemoleums and other MSME industries.

Presently he is with PCRA (Petroleum Conservation Research Association), an entity coming under the Ministry of Petroleum & Natural Gas, Government of India as empaneled speaker

PRESENTATION ON

Oil On BOil(EcONOmIcS Of PETROlEum)

chENNAI

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rendering services to Industries and educational institutions to propagate various Government awareness programmes.

He is also associated with the following activities: Safety audits, Electrical audits, Energy certification training programs (ISO 50001), HSE Training programs, Independent energy conservation programs, B2B sales & Marketing trainings, Awareness on Handling of Customer complaints, Training on Fuels & Lubricants and Waste management programs.

I have great pleasure in presenting to you Shri K. Anil Kumar, Corporate Trainer”.

Shri K. Anil Kumar in his presentation observed: “As of January 1, 2019 the oil refining capacity of India stood at 249.4 million tonnes making it second largest refiner in India. Private company own about 35.62 per cent of the total refining capacity. India retained its spot as the third largest consumer of oil in the world in 2017.

An increase in the price of crude oil means that would increase the cost of producing goods. This rise would finally be passed on to consumers resulting in inflation. Experts believe that an increase of $10/barrel in crude oil prices could raise inflation by 10 basis points (0.1%). Higher crude oil prices will adversely impact the twin deficits of current account and fiscal, which will have spill over effects on monetary policy, consumption and investment.

The crude oil prices all across the globe have a significant impact on global economies directly or indirectly. However, the increase in the crude oil

prices results in increase in almost all the consumable and non-consumable commodities. Any positive change in the crude oil prices has negative impact on the growth of GDP of a country.

The Indian economy is not an exception to the impact of change in crude oil prices. In India the demand for petroleum related products is increasing at a rapid pace which results in increase in crude oil imports. In case of any increase in crude oil prices a shock or impulse is visible which paves way for strengthening energy efficient mechanisms in order to reduce the dependency on import of crude oil.

So, we need to understand the importance of conservation of non-renewable resources followed by economics of crude with clear understanding on our competency in terms of producing those resources and also using alternate source of energy on transportation”.

Shri K. Anil Kumar also explained in detail about using alternate sources of energy and the difficulties in using e-vehicles for public transportation for the present. Shri K. Anil Kumar answered all queries raised by the members present.

Dr. M.K. Muthuvelu, Treasurer presented a memento to Shri K. Anil Kumar as a token of appreciation and regard. More than 55 participants drawn from the Chamber’s Members group and MMA attended the meeting.

The meeting concluded with a vote of thanks proposed by Shri B. Gautham, Executive Committee Member, ACC.

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India’s Foreign Trade (Merchandise): April 2019

India’s overall exports (Merchandise and Services combined) in April 2019* is estimated to be USD 44.06

billion, exhibiting a positive growth of 1.34 per cent over the April 2018. Overall imports in April 2019* is

estimated to be USD 52.83 billion, exhibiting a positive growth of 4.53 per cent over April 2018.

FOREIGN TRADESTATISTICS

*Note: The latest data for services sector released by RBI is for March 2019. The data for April 2019 is

estimation, which will be revised based on RBI’s subsequent release.

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I. MERCHAnDISE TRADE

EXPORTS (including re-exports)

Exports in April 2019 were USD 26.07 billion,

as compared to USD 25.91 billion in April 2018,

exhibiting a positive growth of 0.64 per cent. In

Rupee terms, exports were ` 1,81,021.34 crore in

April 2019, as compared to ` 1,70,052.96 crore in

April 2018, registering a positive growth of 6.45 per

cent.

In April 2019, major commodity groups of export

showing positive growth over the corresponding

month of last year are

Non-petroleum and Non Gems and Jewellery

exports in April 2019 were USD 19.54 billion, as

compared to USD 19.80 billion in April 2018,

exhibiting a negative growth of 1.31 per cent.

IMPORTS

Imports in April 2019 were USD41.40billion

(` 2,87,432.93 crore), which was 4.48 per cent

higher in dollar terms and 10.52 per cent higher

in Rupee terms over imports of USD 39.63 billion

(` 2,60,084.67crore) in April 2018.

Major commodity groups of import showing

negative growth in April 2019 over the corresponding

month of last year are:

CRUDE OIL AnD nOn-OIL IMPORTS:

Oil imports in April 2019 were USD11.38billion

(` 78,989.46 crore), which was 9.26 per cent higher

in dollar terms (15.58 per cent higher in Rupee

terms), compared to USD10.41billion (` 68,344.24

crore) in April 2018.

In this connection it is mentioned that the global

Brent price ($/bbl) has decreased by 0.60% in April

2019 vis-à-vis April 2018 as per data available from

World Bank (Pink Sheet).

Non-oil imports in April 2019 were estimated at

USD 30.02 billion (` 2,08,443.47crore) which was

2.78 per cent higher in dollar terms (8.71 per cent

higher in Rupee terms), compared to USD 29.21

billion (` 1,91,740.43 crore) in April 2018.

Non-Oil and Non-Gold imports were USD

26.05 billion in April 2019, recording a negative

growth of 2.19 per cent,compared to USD 26.63

billion in April 2018.

II. TRADE In SERVICES

EXPORTS (Receipts)

As per the latest press release by RBI dated 15th

May 2019, exports inMarch2019 were USD 17.94

billion (` 1,24,672.40crore) registering a positive

growth of 6.59 per cent in dollar terms, vis-à-vis

March 2018.

IMPORTS (Payments)

As per the latest press release by RBI dated 15th

May 2019,imports in March 2019 were USD 11.37

billion (` 78,962.43 crore) registering a positive

growth of 10.55 per cent in dollar terms, vis-à-vis

March 2018.

III. TRADE BALAnCE

MERCHAnDISE: The trade deficit for April

2019 was estimated at USD 15.33 billion as against

the deficit of USD 13.72 billion in April 2018.

SERVICES: As per RBI’s Press Release dated

15th May 2019, the trade balance in Services (i.e.

Net Services export) for March, 2019 is estimated at

USD 6.58 billion.

OVERALL TRADE BALAnCE: Taking

merchandise and services together, overall trade

deficit for April 2019* is estimated at USD 8.78

billion as compared to USD 7.07 billion in April

2018.

*note: The latest data for services sector released

by RBI is for March 2019. The data for April 2019 is

an estimation, which will be revised based on RBI’s

subsequent release.

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MERCHANDISE TRADEEXPORTS & IMPORTS: (US $ Billion)

(PROVISIOnAL)

APRIL

EXPORTS (including re-exports)

2018-19 25.91

2019-20 26.07

%Growth 2019-20 / 2018-19 0.64

IMPORTS

2018-19 39.63

2019-20 41.40

%Growth 2019-20 / 2018-19 4.48

TRADE BALAnCE

2018-19 -13.72

2019-20 -15.33

EXPORTS & IMPORTS: (Rs. Crore)

(PROVISIOnAL)

APRIL

EXPORTS (including re-exports)

2018-19 1,70,052.96

2019-20 1,81,021.34

%Growth 2019-20 / 2018-19 6.45

IMPORTS

2018-19 2,60,084.67

2019-20 2,87,432.93

%Growth 2019-20 / 2018-19 10.52

TRADE BALAnCE

2018-19 -90,031.71

2019-20 -1,06,411.59

SERVICES TRADEEXPORTS & IMPORTS (SERVICES) : (US $ Billion)

(Provisional) MARCH 2019 APRIL-MARCH 2018-19

EXPORTS (Receipts) 17.94 205.79

IMPORTS (Payments) 11.37 125.46

TRADE BALANCE 6.58 80.33

EXPORTS & IMPORTS (SERVICES): (Rs. Crore)

(Provisional) MARCH 2019 APRIL-MARCH 2018-19

EXPORTS (Receipts) 1,24,672.40 14,38,948.61

IMPORTS (Payments) 78,962.43 8,77,286.65

TRADE BALANCE 45,709.97 5,61,661.96

Source: RBI Press Release dated 15th May 2019

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RECENT JuDgMENTS IN

VAT CST GST

Shri V.V. Sampathkumar Chairman, Indirect Taxes Sub-Committee

Export Oriented Units: Relating to levy of

on sales made to 100% Export Oriented Units

the court observed that the appellate authority

concluded that the sales are to be treated as exempt

sales, no notice has been issued to the petitioner in

this regard. Learned SGP states that the petitioner

will be put to notice about the proposal to treat the

sales as exempt sales and not zero rated sales and the

matter will be decided thereafter. This portion of the

impugned order is thus set aside.. M/s. Technova

Imaging Systems Ltd., Vs The AC (CT) Mylapore

Assessment Circle, Chennai 28 W.P. Nos.7890 etc.

of 2019 Dated: 27.03.2019

Mismatch: When there is mismatch of purchases

and the sales in the departmental Web Portal, this

Court in the case of J.K.M.Graphics Solutions

Pvt. Ltd., Vs. C.T.O., Vepery Assessment Circle,

Chennai [(2017) 99 VST 343] considered the

veracity of notices / assessments that had been

framed solely on the basis of data obtained from

the website of the Commercial Taxes Department.

The Court has set aside the impugned notices /

orders and remanded the matters to the respective

Assessing Officers, to undertake assessment afresh

after conducting thorough enquiry. A direction has

also been given to the Commercial Tax Department

to evolve a centralized mechanism. The Court was

informed that the mechanism is being formulated

and about the issuance of Circular 3/2019 by the

Commissioner directing the Assessing Officers when

confronted with such issues, to issue notice to keep

proceedings for assessment alive and thereafter keep

the assessment in abeyance till the mechanism is

formulated and implemented in full. In view of this

the impugned order is set aside and the Assessing

authority is directed to take the proceedings

denovo and in accordance with law, after affording

an opportunity of hearing to the petitioner. M/s.

Usman Brother Agencies Vs The DCTO, Gingee

Assessment Circle, W.P. Nos.5728 and 5732 of 2019

DATED: 29.03.2019

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Purchase of HSD and issue C forms: To avail

concessional benefit of tax for c form purchase of

High Speed Diesel (HSD) it was submitted that the

issue is covered in favour of the assessee by a decision

of this Court in M/s Ramco Cements Ltd. V. The

Commissioner of Commercial Taxes (W.P.Nos.19460

of 2018) dated 26.10.2018 and Learned Single Judge

of this Hon”ble Court in considering the issue held

categorically that the benefit of the concessional rate

is available to dealers who purchase HSD. Stating

so, this Court rules that, till such time the order

of this Court in W.P.Nos.19460 (supra) is either

stayed or reversed, it is incumbent upon all Assessing

Authorities to apply the rationale of the decision to

all pending assessments since the decision of this

Court as well as other High Courts, one of which

has been confirmed by the Supreme Court, are

decisions in rem, applicable to all dealers that seek

benefit thereunder, of course, in accordance with

law. M/s.Southern Cotspinners Coimbatore Private

Limited Vs The AC (ST) Singanallur Assessment

Circle, Coimbatore and others W.P.No.12520 of

2019 DATED: 26.04.2019

Penalty: Penalty levied u/s 12(3)(a) of the

TNGST Act for the assessment year 1993-94 was

set aside by the Appellate Tribunal, in T.A.No.70

of 2002 dated 23.06.2006. The Court held that, if

the Tribunal had allowed the petitioner’s case for the

assessment year 1993-94 and the Revenue having

not preferred any writ petition against said order in

T.A.No.70 of 2002, judicial discipline demands that

the Authorities are bound by such an order. Hence,

the Tribunal could not have taken a different view for

the assessment years 1994-95, 1995-96 & 1996-97

since, the facts are identical and set aside the penalty

levied u/s 12(3)(a) of the Act .The order by the

Assessing Officer was set aside and the order of the

First Appellate Authority was confirmed. Tvl.Gopu

Stores & Chidambaram Builders, Vs. The DCTO,

Velachery Assessment Circle, WP Nos. 4206, 4207

& 4208 of 2008 Dated : 28.03.2019

natural Justice: A proposal notice has been issued

on 15.12.2017 by the AO. There is no justification

for the Officer to have waited till 23.01.2019 to

issue a notice for personal hearing, after a lapse of

more than one year from the notice first issued. It

is not justified for the AO to have denied the one

opportunity sought for by the petitioner. Hence,

the assessments were set aside solely on the ground

of violation of principles of natural justice. As the

assessments relate to the periods 2010-11, 2011-12

and 2012-13, orders of assessment de novo shall be

passed by the AO within six(6) weeks from the date

of conclusion of personal hearing, after affording

full opportunity to the petitioner. M/s.Hi-Tech Air

Power Pvt., Ltd., vs. The AC, (ST), Amaindakarai

Assessment Circle, W.P. Nos.7484, 7488, 7493 of

2019 DATED: 03.04.2019

Stay Order Modification: when the Petitioner

prays to furnish a personal bond instead of bank

guarantees as directed by the first appellate authority

in a Stay order this court rules that identical requests

made have been considered by this Court favourably

and the conditional stay order is modified by

permitting the petitioner to furnish a personal bond

in the place of bank guarantee within a period of

seven days from date of receipt of a copy of this

order. Tvl. Sri Sai Enterprises vs. ADC (ST) South,

Chennai and AC (ST), Thirumullaivoyal Assessment

Circle, Chennai WP Nos.12303 and 12305 of 2019

DATED: 25.04.2019

Appeal: The Appeal petition could not be filed

in time as the order of assessment was misplaced and

appeal filed with certified true copy was returned

by the first appellate authority. In this back ground,

the Court directed the first respondent to take the

Appeal on file with the certified copy of the order as

filed by the petitioner subject to the petitioner paying

the entire balance tax which has been remitted by the

petitioner. M/s. Tamil Agencies vs. The ADC (CT),

Cuddalore 607 001 and another WP No.7154 of

2019 DATED: 09.04.2019

Effective opportunity: The replies and the

annexures thereto filed by the Petitioner for the

assessment proposals have not been taken into

account by the Assessing Officer in finalising the

impugned assessments. Moreover, the revised

notice dated 27.07.2018 itself merely calls upon

the petitioner for a personal hearing along with

available evidence on any working day within

the aforesaid period. This can hardly be called

reasonable opportunity in so far as, opportunity

of hearing, to be effective, has to be afforded by

fixing a specific date and time when petitioner can

appear before the officer and make submissions. It is

thus in fitness of things that the present impugned

assessments are set aside with directions that the

process of assessment will be completed within

a period of six (6) weeks from the conclusion of

personal hearing. Titanium Equipment and Anode

Manufacturing Company Limited, Vs. The AC (ST)

(FAC), Thirukazhukundram Assessment Circle W.P.

Nos.5999, of 2019 DATED: 27.03.2019

Excess collection: No penalty, in respect of

excess collection of tax u/s 22(2) of the TNGST Act,

1959, can be levied, if the amount is collected and

remitted to the Department. Observing so, the court

held that the Tribunal erred in dismissing the appeal

filed by the petitioner / dealer and the interpretation

given by the Special Tribunal, not to follow earlier

decision in Mohammed Ibrahim Sahib is incorrect.

Automotive Coaches and Components Limited, Vs.

The CTO, Adayar I Assessment Circle, WP No.

40029 of 2002 Dated:28.03.2019

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Mr. R. R. Padmanabhan, ChairmanForeign Trade Sub Committee, ACC

Andhra Chamber of Commerce

Destiny is an often quoted both for right and wrong in our lives. The one notion that is predominant in everyone’s mind is that Destiny is predetermined. Therefore, it follows that destiny is that which cannot be altered for better. So, destiny is often used in negative connotation. Of course, there are innumerable steps suggested by soft skill and personal development strategists to alter one’s destiny. All these steps fail to make any meaningful impact on one’s destiny with the result people start disbelieving in these strategies. In fact, I used to jocularly say that through these books/strategies, it is the destiny of writers that undergoes a positive change rather than the reader.

Any strategy that is deployed to rewrite one’s destiny has to be simple and must be dovetailed in his day-to-day life. Viewed in this context, the book ‘Designing Destiny’ through the Heartfulness way is like a workbook. It is in easy to read format and suggested approach to re design one’s destiny is quite simple. The book makes a compelling reading and once someone begins reading the book, it is difficult to put it down without completing it. Of course, the

book has to be read and read again to digest what is said to design one’s destiny.

The book consists of four parts namely, Introduction, Practice, Life style and Destiny, Free will and Freedom of Choice. The parts are logically sequenced. In the introduction part, the term Destiny is defined as four principles:

‘The first principle is of destiny is that we can only change it in the present.

The second principle is that we create destiny for ourselves with our every day thoughts.

The third principle is that we need to work upon the mind the design our destiny and for this we need a meditative practice.

The fourth principle is that all our destinies are interconnected.

By acting upon the present and on oneself, the practicant first addresses the issue and then goes on to contribute to alter the collective human destiny. So everything starts from one self. The tool that is suggested is Heartfulness meditative practice. The

Designing

Destiny

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practice consists of four parts namely relaxation, meditation, cleaning and prayer. It is the third one, ‘cleaning’ is unique to the system, perhaps, has no parallels. Meditation as a technique is available in many cultures but cleaning is not. That is the importance of cleaning. By cleaning we mean getting rid of past impressions. These past impressions in our mind are the root cause of our behavior that in turn determines our destiny.

While these activities are internal to an individual, the effect of such technique and resultant

contemplation and desire to change is manifested through the individual’s behavior. For example, there is change in attitude, humility results in, ego becomes sublime, there is respect for others and one tends to think or pause before talk.

So, when the self is managed rightly, self-shifts itself to SELF. This shifting towards higher Self is designing the destiny.

Source: Designing Destiny by Shri Kamalesh Patel

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Smt. Rama VenugopalChairman – Entrepreneurship Development Centre &

ACC Business Incubator, Andhra Chamber of Commerce.

Govt makes it mandatory for all Medical Devices to get CDSCO certification

We have seen flurry of announcements in news papers recently on the above subject.

What the announcement means ?

All imported, as well as locally manufactured medical devices sold in India will soon be required to clear specific safety and quality standards.

The move is made after the country has witnessed series of challenges when the imported devices have failed on quality and safety grounds. The recent fiascos such as the one involving Johnson and Johnson hip implants in the recent months have caused enough havoc in the market place.

Brands like Becton Dickinson (BD) and Company Recalled Vacutainer® EDTA Blood Collection Tubes from India last year due to Chemical Interference with Certain Tests. Similarly Abbott recalled the sale of the Xience Alpine , premium brand of drug-eluting stent from Indian market after the safety reviews.

In the month of April 2019, Drugs Technical Advisory Board (DTAB), India’s highest advisory body on drugs, decided to notify medical devices as drugs under the Drugs and Cosmetics Act (DCA).

Once notified, import, manufacture and sale of all medical devices will need to be certified by the Central Drugs Standard Control Organisation (CDSCO). Manufacturers will also have to seek licences from the Drug Controller General of India (DCGI).

Currently, only 23 medical devices are regulated under the Act. The regulation will help ensure safe and tested medical devices reach the end user.

Market place representations have been received from various stakeholders for regulating all non-notified medical devices since concerns have been raised from time to time regarding safety, quality and performance of various medical devices, including diagnostic kits manufactured or imported in the country. Many of the medical devices like equipments analysers, instruments etc used in various healthcare facilities for diagnosis treatment, mitigation are

Govt makes it mandatory for

all Medical Devices to get CDSCO certification

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currently out of scope of regulation under the Drugs and Cosmetics Act.

On 8th February 2019, the government put implantable medical devices, CT scan equipment, MRI equipment, defibrillators, dialysis machines, PET equipment, X-Ray machines and bone marrow cell separators under the purview of the DCA. Surgical gowns, surgical drapes and incision drapes will also be notified under the Act.

Medical devices are already classified on the basis of the risks they pose. Low-risk devices are classified as ‘Class A’; devices with low to moderate risk are classified as ‘Class B’; devices with moderate risk are classified as ‘Class C’; and devices having high risk are in ‘Class D’ category.

Shri Rajiv Nath, Forum Co-ordinator, Association of Indian Medical Device Industry (AiMeD) said the move lacks strategic direction. “It’s imperative to have a separate law as devices are engineering items and not medicines - an X Ray machine by no stretch of imagination can be called a drug; So the continued attempt to regulate devices as drugs is incomplete and incorrect. No representative of medical devices industry or a regulatory expert is invited to these important meetings that decide the fate of the industry”.

The Government has plans to recruit 754 officers to exclusively regulate the sale of medical devices and monitor their efficacy in India. The proposal includes forming a vertical body under the Central Drugs Standard Control Organisation (CDSCO), the national regulatory authority for drugs and medical devices.

These 754 officers will be separate from the existing drug regulatory officers, who also function under the CDSCO but primarily regulate medicines, besides monitoring devices such as coronary stents, pacemakers, orthopaedic knee implants and hip implants among others. The government’s decision to consider this long-pending demand is a fallout of the controversy over the faulty Johnson & Johnson Articular Surface Replacement (ASR) hip implants. The implants have hurt more than 4,000 patients in India, with government efforts to ensure compensation for them stuck in a stalemate with the American pharma major.

Licensing, Certifications – both Product as well as Management Systems are so critical and important in healthcare space as healthcare deals with human lives. That’s why both Drugs and Devices Manufactures are subject to lot of global audits to check their Quality and Safety. Unfortunately, its proven repeatedly in the recent years that both drugs and medical device

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manufactures are failing in quality and safety audits. Many product recalls are happening in the medical device implants segment across the globe. The Global Certification bodies have failed to inspire the markets and end users. Communities Trust and Confidence is coming down on these Certification tags.

We have created high dependence on the global certification tags for Drugs and Devices in the country without creating a strong Licensing and Certifications structure in the Country. Infact the global Certifications are prohibitively expensive for the Indian companies to choose. Its so unfortunate that we have created a structure in the country in such a manner that, even to supply in Indian mkt, Indian manufacturers have to have global certification tags. This is where Make In India manufacturers lose the battle to MNC brands. We are witnessing a surge in Startups focussing on Medical Technology Innovations in the country. The ecosystem has picked up a very good momentum and we are witnessing many young innovators ate focussing on hardware technologies in Medical Device Innovations space. They are getting good support and grants from DST, DBT in the recent years. Unfortunately they are getting choked when they reach the Go To Market stage with their

products. They cant sell unless they have Products as well as Management Systems Certifications. We are pushing them to obtain USFDA approvals or CE Marking Certifications which are prohibitively expensive. We don’t have string Certification system in the country for Medical Devices.

Having identified the gap, Quality of Council of India (in collaboration with Manufacturers Association AIMED - Association of Indian Medical Device Industry) has developed the ICMED Certification for Medical Device companies in the Country. The Standards are developed taking into cognisance the requirements of various requirements of global standards, regulatory frameworks as well as customising the same to Indian market requirements. Infact Indian Medical Device Companies should take up ICMED Certification and Indian Markets should recognise ICMED Certification instead of asking for USFDA, CE Marking stamps to sell in India. To sell in India , we don’t need these tags. We must strengthen our own Regulatory and Licensing, Certifications Framework in the country to ensure Quality and Safe Healthcare delivery to all.

Information Source : Live Mint and The Print

Article Contributed by :

Rama Venugopal

Mr. S. PrakashCEO of See Change Consulting

He can be reached at prakash@seechangeworld.com / +919840096454

“I will pay more for the ability to deal with people than for any other ability under the sun.” – John Rockefeller.

We do not have business problems. We have people problems. When we solve our people problems, our business problems are substantially resolved. People knowledge is more important than product knowledge. One need to build a pleasing personality & it is a combination of a person’s attitude, behavior, & expressions. Steps to building a positive & pleasing personality are as under.

• Step No.1. Accept responsibility. Responsible behavior is to accept accountability & that represents maturity. Acceptance of responsibility is a reflection of our attitude & the environment we operate in.

• Step No.2. Show consideration, courtesy, & politeness. Thoughtfulness shows a caring attitude. The more considerate we are, the more courtesy one

extends & the more polite we are towards people we automatically come close to people.

• Step No.3. Think win/win. When we think of serving our customers, our families, our employers, employees, colleagues we automatically win. One need to create a win / win situation & the result shall culminate into happiness, prosperity, enjoyment & gratification because they are not thinking of themselves alone.

• Step No.4. Choose what you say rather than say what you choose. That is the difference between wisdom & foolishness. A fool speaks without thinking; a wise man thinks before speaking. One particular word spoken can cause irreparable damage, so whenever you utter any word visualize its consequences. Spoken words cannot be retrieved.

• Step No.5. Don’t criticize & complain. Criticize with a spirit of helpfulness rather than as a put-down.

Solve PeoPle ProblemSto Solve buSineSS ProblemS

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Criticize the behavior, not the person because when we criticize the person, we hurt their self-esteem.

• Step No.6. Smile & be kind. It happens in a flash, & the memory of it may last forever. Cheerfulness flows from goodness. It takes more muscles to frown than to smile. It is easier to smile than to frown. Smile often & make it a habit.

• Step No.7. Put positive interpretation on other people’s behavior. In the absence of sufficient facts, people instinctively put a negative interpretation on others’ actions or inactions. For example, how often have we put through a call & not gotten a reply from the other party for 2 days & the first thought that comes to our mind is “They ignored me.”

• Step No.8. Be a good listener. Listening shows caring. When you show a caring attitude towards another person, that person feels important. When he feels important, what happens? He is more motivated & more receptive to your ideas.

• Step No.9. Live while you are alive. Don’t die before you are dead. Enthusiasm & desire are what change mediocrity to excellence. Water turns into steam with a difference of only 1 degree in temperature & steam can move some of the biggest engines in the world. That is what enthusiasm helps us to do in our lives.

• Step No. 10. Give honest & sincere appreciation. Sincere appreciation is one of the greatest gifts one can give to another person. It makes a person feel important. The desire to feel important is one of the greatest cravings in most human beings. It can be a great motivator.

• Step No. 11. When we make a mistake, we should accept it immediately & willingly. Some people live & learn while others live & never learn. Mistakes are to be learned from. The greatest mistake a person can make is to repeat it. A mistake is a mistake if it is committed twice.

• Step No. 12. Discuss but don’t argue. Arguing is like fighting a losing battle. Even if one wins, the cost may be more than the victory is worth. It will take you nowhere & the more you argue with people, the more they distance away from you. Emotional battles leave a residual ill will even if you win.

• Step No. 13. Don’t gossip. A gossip never minds his own business because he neither has a mind nor a business. A gossip is more concerned about what he overhears than what he hears. Gossip is the art of saying nothing in a way that leaves nothing unsaid.

• Step No. 14. Turn your promises into commitments. A commitment is a promise that is going to be kept no matter what. Commitment comes out of character & leads to conviction.

• The quality of your life will be determined by the depth of your commitment to excellence, no matter what your chosen field.

• Step No. 15. Be grateful but do not expect gratitude. Gratitude is a feeling. It improves our personality & builds character. Gratitude develops out of humility. It is a feeling of thankfulness towards others. Think of your most precious possessions. What makes them special? In most cases, the gift is less significant than the giver. Seldom are we grateful for the things we already possess.

• Step No. 16. Be dependable & practice loyalty. Ability is important but dependability is crucial. If you have someone with all the ability but he is not dependable, do you want him as part of your team? No, not at all.

• Step No. 17. Avoid bearing grudges. Forgive & forget. When a person refuses to forgive, he is locking doors that someday he might need to open. When we hold grudges & harbor resentment, who are we hurting the most? Ourselves.

• Step No. 18. Practice honesty, integrity & sincerity. Honesty inspires openness, reliability, & frankness. It shows respect for one’s self & others. Honesty is in being, not in appearing to be.

• Step No. 19. Practice humility. Confidence without humility is arrogance. Humility is the foundation of all virtues. It is a sign of greatness. Sincere humility attracts but false humility detracts.

• Step No. 20. Be understanding & caring. Relationships don’t come about because people are perfect. They come about because of understanding. Practice generosity. It is a sign of emotional maturity. Being generous is being thoughtful & considerate

without being asked. Be tactful. Tact is the ability to make a point without alienating the other person.

• Step No.21. Practice courtesy on a daily basis. Courtesy is nothing more than consideration for others. It opens doors that would not otherwise open. A courteous person, who is not very sharp, will go further in life than a discourteous but sharp person.

• Step No. 22. Develop a sense of humor. Learn to laugh at yourself because it is the safest humor. Laughing at yourself gives you the energy to bounce back.

• Step No. 23. Don’t be sarcastic & put others down. Negative people’s humor may include sarcasm, put downs & hurtful remarks. Any humor involving sarcasm that makes fun of others is in poor taste. An injury is forgiven more easily than an insult.

• Step No. 24.To have a friend, be a friend. Friendship takes sacrifice. Building friendships & relationships takes sacrifice, loyalty & maturity. Sacrifice takes going out of one’s way & never happens by the way. Selfishness destroys friendships.

• Step No. 25. Show empathy. The wrong we do to others & what we suffer are weighed differently. Empathy alone is a very important characteristic of a positive quality. People with empathy ask themselves this question: “How would I feel if someone treated

me that way?” Show a lot of understanding, sympathy & compassion towards others.

Successful people build a pleasing & magnetic personalities which helps in getting friendly cooperation from others. A pleasing personality is easy to recognize but hard to define. It is apparent in the way a person walks & talks, his tone of voice, the warmth in his behavior & his definitive levels of confidence.

In an organization where you work you need to relate extremely well with all kinds of people irrespective of their positions & status they hold. You need to get the best out of them at all times. People are imperfect, people will remain imperfect & it is how you get the work done through these imperfect people is all that matters. THUS, interpersonal relations are the key to any successful organization.

The source through which this article has been written has been many. I have gone through several management books, self development books, journals & magazines before I decided to write this article. I always felt that as a resource people are the most important resource & with experience & expertise the value of the people increase with the advancement of age. If one needs to be successful in his business place, he needs to possess people’s skills in abundance.

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LABOUR LAWS Cost of Living Index Numbers Applicable to the Employees Employed in the Scheduled Employments as on

01-04-2019, Cost of Living Allowance Payable - Andhra Pradesh – Click here To View

www.andhrachamber.com/images/Andhra%20Pradesh%20D.A.%20-%20April%202019.pdf

MW Shops and Est Act from March 5, 2019 – Click here To View

www.andhrachamber.com/images/MW%20Shops%20and%20Est%20Act%20March%202019.pdf

CONSUMER PRICE INDEX NUMBERS FOR INDUSTRIAL WORKERS – (BASE 2001=100)

Sl. No Centre MAR 2019

ALL INDIA 309

ANDHRA PRADESH

1. Guntur 288

2. Vijayawada 291

3. Visakhapatnam 290

ASSAM

4. Doom Doom Tinsukia 273

5. Guwahati 273

6. Labac-Silchar 273

7. Mariani Jorhat 256

8. Rangapara Tejpur 250

BIHAR

9. Munger Jamalpur 340

10. Bhilai 323

gOA

11. Goa 329

guJARAT

12. Ahmedabad 279

13. Bhavnagar 293

14. Rajkot 297

15. Surat 268

16. Vadodra 275

HARAYANA

17. Faridabad 274

18. Yamunanagar 291

HIMACHAL PRADESH

19. Himachal Pradesh 267

JAMMu & KASHMIR

20. Srinagar 279

JARKHAND

21. Bokaro 297

Sl. No Centre MAR 2019

22. Giridih 342

23. Jamshedpur 351

24. Jharia 358

25. Kodarma 376

26. Ranchi Hatia 381

KARANATAKA

27. Bengluru 295

28. Belgaum 306

29. Hubli-Dharwar 326

30. Mercara 306

31. Mysore 308

KERALA

32 Ernakulam 314

33. Mundakayam 310

34. Quilon 356

MADHYAPRADESH

35. Bhopal 324

36. Chhindwara 304

37. Indore 280

38. Jabalpur 317

MAHARASHTRA

39. Mumbai 305

40. Nagpur 386

41. Nasik 357

42. Pune 331

43. Sholapur 324

ORISSA

44. Angul Talcher 328

45. Rourkela 309

PuNJAB

46. Amritsar 332

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Sl. No Centre MAR 2019

47. Jalandhar 319

48. Ludhiana 292

RAJASTHAN

49. Ajmer 286

50. Bhilwara 288

51. Jaipur 302

TAMILNADu

52. Chennai 276

53. Coimbatore 282

54. Coonoor 325

55. Madurai 294

56. Salem 287

57. Tiruchirapally 293

TELANgANA

58. Godavarikhani 321

59. Hyderabad 258

60. Warangal 315

TRIPuRA

61. Tripura 259

Sl. No Centre MAR 2019

uTTAR PADESH

62. Agra 351

63. Ghaziabad 339

64. Kanpur 340

65. Lucknow 334

66. Varanasi 325

WEST BENgAL

67. Asansol 332

68. Darjeeling 272

69. Durgapur 329

70. Haldia 337

71. Howrah 285

72 Jalpaiguri 277

73. Kolkata 288

74. Raniganj 288

75. Siliguri 276

76. CHANDIgARH 307

77. DELHI 297

78. PuDuCHERRY 312

Source: Labour Bureau, Shimla

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UPDATATION OF MEMBERSHIP DETAILS

Kind Attn: Members

Dear Sir/Madam;

We are updating the database – Members business details in our records. We request you to kindly

inform the Chamber if there are any changes in your mailing list – Address, contact details, Name of the

representative, change in the Email-ids and Telephone numbers in the below mentioned format.

Please forward the same to the Chamber by Email: andhrachamber1@gmail.com duly filled in for

making necessary changes in our records. Please extend your cooperation support in this regard without

delay.

name of the company / individual

postal Address

Telephone

Fax

Mob

Email

Est.

Website

GST no

name of the representative –

Designation in the company

Bank

Manufactures of

Exporters of

Importers of

Dr. V.L. INDIRA DUTT President &

Members of the Executive Committee of the

ANDHRA CHAMBER OF COMMERCE cordially invite you to the Session on

“Export Incentives and GST”

Speakers : Shri V.V.Sampath Kumar

Chairman - Indirect Taxes Sub Committe, ACC. : Shri R.R. Padmanabhan Chairman – Foreign Trade Sub-Committee, ACC.

Date & Time : 25th May, 10 A.M to 12 P.M

Venue : Chamber’s Conference Hall, “Velagapudi Ramakrishna Building”, 23, Third Cross Street, West C.I.T. Nagar Nandanam, Chennai-600 035.

RSVP: Secretary General Phone: 24315277 /78/79 Email: andhrachamber1@gmail.com Registration: 9.30 A.M

Dr. V.L. INDIRA DUTT President

&

Members of the Executive Committee of the

ANDHRA CHAMBER OF COMMERCE &

MADRAS MANAGEMENT ASSOCIATION cordially invite you to a presentation on

“Happy Living for Professional & Personal success” by

Shri Yoga Sharan aka V.S Prakash Corporate Trainer

Date & Time : 6.00 P.M. Wednesday, May 29, 2019

Venue : Chamber’s Conference Hall, “Velagapudi Ramakrishna Building”, 23, Third Cross Street, West C.I.T. Nagar Nandanam, Chennai-600 035.

R.S.V.P.: SECRETARY GENERAL Phone: 24315277/78 Email: andhrachamber1@gmail.com Hi-Tea - 5.30 P.M.

uPCOMINg PROgRAMMES FOR THIS MONTH

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Picture Gallery

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12 Issues of each 1/2 page will be 12500/- per annum plus GST

12 Issues of full page will be 20,000/- per annum plus GST

First come first serve basis the space will be allotted. Member organisations will be give first preference. We welcome your support

to have more reach out and more viewing for your Advt and Business.

Please contact Mr. n. ravikumar, Joint Secretary, Andhra Chamber of Commerce

Tel : + 91 44 24315277 +91 9840248688Email : andhrachamber1@gmail.com

ACC Bulletin - Advt tariff

Published by Andhra Chamber of Commerce at “Velagapudi Ramakrishna Building”, #23, Third Cross Street, West C.I.T. Nagar, Nandanam, P.B. No.3368, Chennai-600 035.

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offiCe spACe for rent

Andhra Chamber of Commerce - 3rd Floor, 1360 Sft with Lift facility. Contact: 044 - 2431 5277 / 78 / 79

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In the service of Public for more than 56 years  

Winning client’s trust with unmatched professionalism

Investigation •   Pre  &  Post  Matrimonial •   Pre  &  Post  Employment •   Industrial  Theft  &  Fraud •   Undercover  Operation

FOR TOTAL SECURITY SOLUTIONS IN INDIA

GLOBE DETECTIVE AGENCY

Security •   Consultation •   Trained  Man  Power •   24  x  7  Control  Room •   Client  Support

Facility •   House  Keeping •   Pantry  Services •   Guest  House  Mgmt •   Garden  Member

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