Primus in Media
The Union Cabinet approved the model tenancy act (MTA) for adoption and enactment by states and UTs to promote rental housing in India, ministry of housing and urban affairs (MoHUA), said adding, “Making 1.1 crore vacant houses available on rent will complement the vision of Housing for All by 2022”. For comparison, Primus Partners and Guesture Co-living in a report last year said that India’s residential rental market touched annual figures of over $20 billion, or more than Rs 1.45 lakh crore (IMF). Of this, 68% ($13.5 billion) is in urban areas.
“The new FTP must focus on supporting exporters amidst the volatile environment, impacted not just by the Covid-19-induced stringent economic scenario, but also by rising protectionism. We should also see the government smoothening the transition from MEIS to the WTO compliant export support scheme of RODETP, in facilitating and enhancing India’s competitiveness in global trade,” said Nilaya Varma, CEO & co-founder of Primus Partners, a consultancy firm.
Taking to PTI, Davinder Sandhu, Advisor Primus Partners said, “Energy is derived demand, and with onset of summer and the productive pre-monsoon cycle of the Indian economy, an uptick is always expected.” Sandhu who is also a former Advisor at World Bank said, “Both energy demand and supply have risen by 25-40 per cent over March-May 2021, with thermal PLFs (plant load factor or capacity utilisation) rising to 75 per cent and more, after many quarters. This is aided by the opening of the economy in Q1 (January-March 2021), with rising economic output as well as sharp uptick in exports.”
Reckitt Benckiser, under its flagship Dettol ‘Banega Swasth India’ in partnership with Primus Partners has launched a unique life skills program for kids, “Birds and Bees Talk” (BBT). The curriculum has been launched in several states of India for children between the ages of 10-19 including Manipur.
For India to reach the Government of India’s (GoI) aspired USD5 trillion GDP target by 2024, a substantial increase in private investment is required. In addition to generating capital flows and employment, private sector… The authors of this article are Mr Anuj Chaudhary, a Private Sector Development specialist and Nilaya Varma, CEO & Co-Founder of Primus Partners.
“Providing higher voting rights to the promoters will be the right step towards a more liberal banking system. The banks would need to walk the extra mile by adopting the right governance mechanism. This is required to convince tyeh RBI to change its current stance which is towards limiting promoter control,” said Shravan Shetty, MD – Financial Services, Primus Partners.
Shravan Shetty, MD, Primus Partners, said, MPC committee has continued its dovish stand and moved from a time based to a state based accommodative stance by stating that it will look for sustained growth on durable basis to change stance. This is primarily driven by the uncertainty generated by the second covid wave. Extension of initiatives like TLTRO, allowing banks on-lending facility in priority sector through non-MFI NBFCs, additional funding to All India Financial Institutions (AIFIs) like NABARD, SIDBI etc. also points to RBIs focus which is on growth even with inflation in the higher end of the set inflation range.
Nilaya Varma, co-founder and CEO of consulting firm Primus Partners, said, “The PLI scheme is expected to be a game-changer in India’s journey towards self-reliance and other national priorities such as job creation, attracting investments and increasing exports.”
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