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President Droupadi Murmu on Wednesday stressed the need for extensive research in Ayurveda as it holds remedies for many diseases. Addressing the 75th Foundation Day celebration of Gopabandhu Ayurveda College here, Murmu said a person can remain disease-free all along life by remaining connected with yoga and nature. "Research is capable of proving the scientific basis of any method. Evidence builds trust among people and trust widens the path of acceptance," the President said while calling upon Ayurveda students to undertake research. Stating that she was aware of the method of treatment prevalent among tribal people for treatment of certain diseases, Murmu said that some elder tribal people know about various diseases and the herbs needed to treat them. "But that traditional knowledge is slowly disappearing. I hope some of you (students) will be interested in exploring the scientific basis of that treatment. By doing so, the method can be saved from extinction and also be ...
Kairali Ayurvedic Group is aiming a consolidated revenue of Rs 150 crore by FY26, led by the expansion of its hospitality and Ayurveda treatment centres along with ramp-up of FMCG and OTC business, said its Executive Director Abhilash K Ramesh. The 76-year-old Kairali Ayurvedic Group (KAG) is largely split into three divisions - Ayurveda Centers, Hospitality and Ayurvedic Products - and each is charting its own growth plans, both in domestic as well as foreign markets. The group, which has a debt-free balance sheet, has its entire focus on organic growth by preserving its heritage, in hospitality and in its products business, he added. "Post pandemic, we are looking at Rs 150 crore by FY26. That is nearly doubling what we are doing right now. Maybe we go better than we expect," Ramesh told PTI. During the pandemic, like other hospitality firms, its revenue was also impacted but it gradually come out. As part of its growth ambitions, KAG is also looking at foreign markets for the .
The Supreme Court sought the Centre's response on a plea seeking inclusion of ayurveda, yoga, and naturopathy in the national Ayushman Bharat scheme. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra issued the notice to the Centre and others on the petition filed by advocate Ashwini Kumar Upadhyay. The plea, which sought inclusion of the practices in PM-JAY, also known as Ayushman Bharat, said the inclusion would allow a significant portion of the country's population to avail affordable healthcare benefits and wellness in various serious diseases, apart from providing employment to many working in the field of Ayurveda. Ayushman Bharat, which was launched in 2018, has two main components -- PM-JAY and Health and Wellness Centres. The former provides for a cashless health insurance cover of Rs 5 lakh per BPL family every year. The petitioner sought the scheme to be implemented in all states and the Indian healthcare systems. "PM-JAY, that is, ..
Home-grown FMCG and Ayurvedic products maker Dabur on Wednesday announced the acquisition of Sesa Care, engaged in the Ayurvedic personal care and wellness segment, at an enterprise value of Rs 315-325 crore. This new acquisition will help Dabur to expand in the Rs 900 crore ayurvedic hair oil market, the company said in a regulatory filing. It has entered into an agreement to acquire the majority 51 per cent stake from its shareholder True North (a private equity fund) for Rs 12 crore at face value. "The enterprise value is estimated to be in the range of Rs 315-325 crore, including debt of Rs 289 crore, which will be backed by the corporate guarantee of Dabur," it added. While the remaining 49 per cent shares in Sesa, there will be a share swap for the equity shares. "The share swap for the equity shares and remaining 49 per cent CRPS in Sesa will be decided at the time of filing the scheme of merger, based on the valuation reports," it said. This merger aligns with Dabur's ...
Tripura CM Manik Saha further emphasized that 'health is wealth, and if health is not good, we cannot utilize human resources effectively'
PM Modi launched healthcare projects worth Rs 12,850 crore today, boosting India's medical infrastructure, Ayushman Bharat, and digital health initiatives
On the occasion of Dhanvantari Jayanti and 9th Ayurveda Day, PM Modi will also launch, inaugurate and lay the foundation stone of multiple projects related to the health sector worth around Rs 12,850
After Prime Minister's efforts, Ayurveda's credibility has also increased, and I am deeply grateful to him for entrusting me with the Ministry of Ayurveda to serve millions
President Droupadi Murmu on Wednesday sought strict action against those making false and misleading claims in the name of Ayurveda by taking advantage of the unwavering faith of the people in the traditional system of medicine. To ensure that Ayurveda remains relevant, there is a need to focus on investment in research, continuous improvement in the quality of medicines and empowerment of educational institutions related to the study of Ayurveda, she said in her address at the eight foundation day celebrations of the All India Institute of Ayurveda (AIIA). "We have an unwavering faith in Ayurveda from generation to generation.Taking advantage of this faith, some people harm innocent people by making false and misleading claims. They not only harm the health of the citizens but also tarnish Ayurveda. There is a need to take stern action against such people," Murmu said. She stressed that the need of the hour is that Ayurvedic products should be made in accordance with international
Rule 170 of Drugs and Cosmetic Rules was meant to prohibit misleading advertisements of Ayurvedic, Siddha and Unani drugs. The Ministry of Ayush on July 1 by a notification, omitted the Rule 170 of 19
How luxury facilities help clients to rejuvenate and relax with Yoga, Ayurveda and exercises
"Does it cost the same tens of lakhs of rupees for the full-page advertisements you published? We are wondering," Justice Kohli asked
Supreme Court asks them to issue a public statement in a week
India's Ayurveda product market is projected to reach USD 16.27 billion or Rs 1.2 lakh crore by FY28 from USD 7 billion or Rs 57,450 crore at present, according to a study. Ayurveda product market has experienced significant growth due to rising demand for natural and herbal remedies in local and international markets, increase in ayurvedic medical practitioners, government initiatives, and emergence of new entrepreneurs, Ayurveda tech startup NirogStreet said. Citing a survey, NirogStreet said the Ayurveda product market in India is expected to grow significantly, with projections indicating a substantial increase in market value to Rs 1,20,660 crore (USD 16.27 billion) by FY28. According to NirogStreet survey, the overall market for Ayurveda products and services is expected to grow at a CAGR of 15 per cent from FY23 to FY28, with the product and service sectors growing at a CAGR of 16 per cent and 12.4 per cent, respectively. The survey also estimated the value of the country's
The funds would help firm ramp up customer engagement on its platform, invest in product R&D
Everything you need to know on the false advertisement case against Patanjali and the implications of the Drugs and Magic Remedies Act, 1954
Expenditure for scheme stands at 74% and 85% of RE in FY24 and FY23
President Droupadi Murmu on Wednesday said there is immense potential to improve collaboration in ayurveda, bio-fuels and agriculture, especially in millets, between India and Guyana. She said that despite being geographically distant, India and Guyana are connected by the virtue of "our colonial past, our diverse and multicultural societies, and the strong bonds of culture, traditions and language with the sizeable Indian diaspora community that has made Guyana its home for nearly two centuries". Welcoming Prime Minister of the Cooperative Republic of Guyana Brigadier (retd) Mark Phillips and his delegation, who had called on her at the Rashtrapati Bhavan here, the president said there is a need to further diversify the bilateral trade basket. "There is also immense potential to improve collaboration in the fields of ayurveda, bio-fuels and agriculture -- especially in millets," Murmu said, according to a statement issued by the President's Office. She said that by working togethe
IRDAI asked companies to modify products that contain limitations for AYUSH treatments and ensure compliance with the revised guidelines