Indian Economy Growth with the Methods of FDI

FDI has a direct bearing on the growth of the Indian economy. The country has been experiencing strong financial stability as well as steep economic growth.

Now, how does FDI help in the betterment of a country? The methods of FDI help in creating employment opportunities, developing infrastructures, creating linkages in domestic firms, producing revenues in the form of taxes, and so on.

Financial and technical collaborations, joint ventures, and capital markets all are different forms of FDI that help in boosting the economy. There are certain criteria different countries need to follow. The approval of RBI and FIPB is necessary for investment in sectors like the manufacture of tobaccos and cigarettes, defence equipment, etc.

There are two methods of FDI by which investors can invest in India.

By setting up a separate legal entity in India under the Companies Act, 1956. The investment can be up to 100% of the capital.
Setting up a branch office in India under the observation of Foreign Exchange Management Regulations.
As per the analysis by FDI India, NRIs, QFIs, and foreign institutional investors get permission to invest in India.

Technological Trends that are Redefining Human Resource

The many emerging technologies today are redefining the way workplaces function. Gone are the days in which employees were required to be physically present at the workplace in order to complete their tasks. Today, with technologies like bring your own device (BYOD) fast catching up, employees can work from anywhere on the globe with much ease. And it’s not just the employees who have been affected by the advancing technology but also the human resource team.

Almost every aspect of Human Resource is undergoing a change due to the rapidly changing technology. The modern Human Resource Management Software (HRMS) is tool that organizations need today to bring in the benefits of technology to HR. New age HR Software like Digital HRMS and BeehiveHR are helping HR personnel focus on the more important strategic aspects as they automate almost every operation of the Human Resource department. Here are 5 key technological trends that are all set to shape the future of the Human Resource department in every organization across the globe.

The Game-Changing Cloud Technology

With the advent of cloud technology, the software industry has witnessed a major breakthrough. Today, cloud-based technology is widespread and software developers are largely considering the cloud environment when developing software applications. After all, the Cloud has revolutionized the collection and storage of data in ways that one could not even think of before. Also, Cloud supports concepts such as enterprises mobility, which is becoming a reality of enterprises today, as it allows data access from any device just by logging in to the Cloud.

However, Cloud comes with an increased need for data security to prevent unauthorized access and data theft. This can make a Cloud solution expensive, and so while it does have benefits to offer, you need to decide whether your HR Software should offer cloud support.

The Rise of Mobile Apps

As it becomes increasingly rare to spot someone without a smartphone these days, mobile apps are fast replacing the good old website. Not just the millennials but every tech savvy individual out there wants everything at their fingertips in the form of a mobile app, and your employees are no different! No wonder then that the human resource department has to focus on building a mobile app to cater to the employees who spend most of their time on their smartphones. Many organizations across the globe today are focusing on building an app that offers the functionalities of the HR Software.

The Big Data Effect

Big Data has had a big impact on the way modern businesses function, and the HR department is no exception. There are multiple ways in which it can benefit from Big Data as it is all about tapping the potential of the growing volumes of data to derive insights that help in making plans for the organization, understanding employee behavior, recruiting great talent and more. There are many insights that can be derived from the data and these insights can help organizations make informed decisions. In other words, Big Data gives the modern Human Resource team the power to study facts and statistics and also learn about the prevalent trends.

Technology You Can Wear

We live in the times when wearable technology is fast catching up with big names like Apple, Google and Microsoft having introduced different forms of wearable devices that are compatible with smartphones. These smart devices are an extension of the BYOD devices that cover laptops, tablets and smartphones. Organizations today are considering the idea of introducing wearable devices for their employees to improve employee engagement, increased connectivity, better time management, and other benefits. These small devices are the catalysts of effective communication and are exactly what an organization needs to ensure employees are always connected.

The Power of Social Media

Today, job portals are not the only place where recruiters look for candidates. LinkedIn and other social media platform are also being considered and this trend is here to stay, say experts. Not just recruitment, social media can also serve as a powerful platform for employee engagement, through jobs posted on the company’s social media pages, along with other information that might catch the attention of prospective hires. Also, it’s a fact that even employees go through a company’s social media pages to get an idea of the work culture and what it would be like working for the company. No wonder then that many organizations are seriously considering the possibility of linking their HR Software with social media platforms and many have successfully achieved it too.

The Final Word

The latest trends in technology can benefit the Human Resource department of an organization in many ways. Adopting these new technologies can go a long way in streamlining the HR processes and enhancing collaboration. It will also help the department better analyze employee data and gain insights. Last but not the least, it will help the department move towards a more strategic approach.

How Regenerative Cell Treatment Heals Elbow Arthritis?

They can give temporary relief only and has many side effects. So, be cautious of them affecting your quality of life. Regenerative cell treatment can quickly and naturally kickstart the routine life that you desire. Before understanding the concept of regenerative medicine, let us go through elbow arthritis causes and symptoms in detail.

Elbow joint helps your hand to do regular activities like bending and straightening. If arthritis affects your elbows, you will experience pain while performing routine activities.

Causes of elbow arthritis

The causes of elbow arthritis include rheumatoid arthritis, osteoarthritis, and trauma or accidental injury. Rheumatoid arthritis can affect the joint linings named synovia. As it swells, the joint space narrows, leading to the destruction of soft tissues and bones. Osteoarthritis affects the cushioned cartilage, which helps in the smooth movement of the bones. Hence, the bones will rub against each other, leading to their degeneration.

Elbow arthritis can affect everyone. But mostly, older people are more prone to develop elbow arthritis. Other risk factors include people with a history of osteoarthritis and the mid-aged people who perform strenuous activities.

Symptoms of elbow arthritis

The primary symptom of elbow arthritis is pain that starts on the outer side of the joint. In the later stage, you will be experiencing constant pain even at rest. Other symptoms include stiffness, swelling, instability, loss of range of motion, catching/locking sensation, numbness, and a bone spur.

Diagnosis of elbow arthritis

The physician will examine your elbow for any sign of injury. You will go through range-of-motion tests to check the joint mobility that aids in diagnosis. The physician will suggest an X-ray test to check if there is any fracture or cartilage loss. A blood test may also be recommended to check for rheumatoid arthritis. If the result comes negative, your physician will diagnose the condition as elbow osteoarthritis.

Treatment for elbow arthritis

The conservative measures to maintain elbow functioning and reduce symptoms include heat pad application, activity restriction, and wearing splints and braces. The physician may prescribe NSAIDs (nonsteroidal anti-inflammatory drugs) to get relief from the symptoms. But their long-term usage may cause several complications like gastrointestinal bleeding, kidney damage and gastric ulcers. In the case of corticosteroid injections, you may feel relief from the pain and discomfort. But it comes with side effects like skin degeneration at the elbow region and infection. If these non-surgical interventions fail in providing permanent relief, your physician may recommend surgery. The surgical options include synovectomy, arthroscopy, arthroplasty, and osteotomy. But many patients continue to experience post-surgical complications like numbness, tenderness, or restricted range of motion. The post-surgical recovery is also painful, with an extended rehabilitation period.

Regenerative Cell Treatment for Elbow Arthritis

Regenerative cell treatment can be a potential alternative to elbow surgery. Regenerative medicine treats the underlying cause and not just the symptoms. It repairs the injured part, restores the tissues, and aids in giving permanent relief from the symptoms. This non-surgical procedure is minimally invasive with a minimal recovery period. It is a same day walkout treatment as only local anaesthesia is used for the procedure. This natural therapy is safe as it uses your cells. Hence, there is no risk of rejection or disease transmission.

For more information about the Regenerative Cell Treatment for Elbow Arthritis condition, please feel free to refer to the website Medica stem cells. You can also contact Medica Stem Cell treatment in London to learn more about the types of stem cell therapies and PRP Therapy available to treat orthopaedics conditions.