In India, a vibrant celebration unfolds over five days, marking the triumph of light over darkness and good over evil. This grand festival, known as Diwali or the Festival of Lights, captivates the nation with its rich traditions and profound symbolism.
The very essence of Diwali is captured in the Sanskrit word "dipavali," meaning "row of lights," echoing the festival's luminous spirit. Occurring at the beginning of the Indian astrological calendar, typically in the transition from October to November, this year, the Hindu community will celebrate Diwali on Sunday, November 12.
Diwali, marks a bountiful harvest and the start of an auspicious new year. The five days of Diwali are rich in tradition, each day holding unique rituals and celebrations.
Day 1: Dhanteras - Preparing for radiance - The festivities kick off with meticulous home preparations. Families engage in thorough cleaning, refurbishments, and the removal of unwanted items. This cleansing ritual is not just a physical act; it symbolises the pure heart needed to welcome Lakshmi, the Hindu goddess of wealth. On this day, homes are adorned with tea lights, and new kitchen utensils are acquired, believed to usher in good fortune.
Day 2: Naraka Chaturdashi - Artistry and sweet connections - Intricate rangolis, crafted from coloured rice, powder, or flowers, grace doorways, guiding Goddess Lakshmi into homes. Families, nestled in the warmth of their homes, exchange sweets, strengthening bonds with friends and family, creating a sense of unity and joy.
Day 3: Lakshmi Puja - Illuminating prosperity - The main day of Diwali arrives with the illuminating ceremony of Lakshmi Puja. Homes come alive with the soft glow of diyas, oil lamps representing prosperity and optimism. Handmade from clay and painted in vibrant hues, these diyas dispel darkness on the night of the new moon, embodying the victory of light. Families gather, recite the Lakshmi puja prayer, and indulge in traditional delicacies. The spirit of community shines through as families exchange delectable treats like jalebi, karanji, and coconut laddoo.
Day 4: Govardhan Puja - Welcoming the New Year - Diwali's momentum carries forward as the fourth day heralds the New Year. Friends and family come together, exchanging gifts and heartfelt wishes. This day resonates with Lord Krishna's essence and marks the Gujarati new year. Food offerings signify prosperity and spiritual enlightenment, connecting people in a shared vision of abundance.
Day 5: Bhai Dooj - Embracing sibling bonds - The grand finale of Diwali, the fifth day, reverberates with the essence of family and tradition. Brothers embark on journeys to their married sisters' homes, where they are welcomed with open arms and a feast of delicious, home-cooked meals. Sisters, even in their absence, offer heartfelt prayers for their brothers' longevity and prosperity. This day stands as a testament to the enduring love between siblings, marked by rituals, gifts, and the sweetness of traditional treats.
As fireworks illuminate the night sky, the echoes of Diwali resonate not just across India but also in the hearts of families, weaving a tapestry of shared moments, tradition, and love. Diwali, in all its splendour, stands as a testament to the enduring spirit of togetherness, spreading its radiant glow far and wide.
UK life sciences sector contributed £17.6bn GVA in 2021 and supports 126,000 high-skilled jobs.
Inward life sciences FDI fell by 58 per cent from £1,897m in 2021 to £795m in 2023.
Experts warn NHS underinvestment and NICE pricing rules are deterring innovation and patient access.
Investment gap
Britain is seeking to attract new pharmaceutical investment as part of its plan to strengthen the life sciences sector, Chancellor Rachel Reeves said during meetings in Washington this week. “We do need to make sure that we are an attractive place for pharmaceuticals, and that includes on pricing, but in return for that, we want to see more investment flow to Britain,” Reeves told reporters.
Recent ABPI report, ‘Creating the conditions for investment and growth’, The UK’s pharmaceutical industry is integral to both the country’s health and growth missions, contributing £17.6 billion in direct gross value added (GVA) annually and supporting 126,000 high-skilled jobs across the nation. It also invests more in research and development (R&D) than any other sector. Yet inward life sciences foreign direct investment (FDI) fell by 58per cent, from £1,897 million in 2021 to £795 million in 2023, while pharmaceutical R&D investment in the UK lagged behind global growth trends, costing an estimated £1.3 billion in lost investment in 2023 alone.
Richard Torbett, ABPI Chief Executive, noted “The UK can lead globally in medicines and vaccines, unlocking billions in R&D investment and improving patient access but only if barriers are removed and innovation rewarded.”
The UK invests just 9% of healthcare spending in medicines, compared with 17% in Spain, and only 37% of new medicines are made fully available for their licensed indications, compared to 90% in Germany.
Expert reviews
Shailesh Solanki, executive editor of Pharmacy Business, pointed that “The government’s own review shows the sector is underfunded by about £2 billion per year. To make transformation a reality, this gap must be closed with clear plans for investment in people, premises and technology.”
The National Institute for Health and Care Excellence (NICE) cost-effectiveness threshold £20,000 to £30,000 per Quality-Adjusted Life Year (QALY) — has remained unchanged for over two decades, delaying or deterring new medicine launches. Raising it is viewed as vital to attracting foreign investment, expanding patient access, and maintaining the UK’s global standing in life sciences.
Guy Oliver, General Manager for Bristol Myers Squibb UK and Ireland, noted that " the current VPAG rate is leaving UK patients behind other countries, forcing cuts to NHS partnerships, clinical trials, and workforce despite government growth ambitions".
Reeves’ push for reform, supported by the ABPI’s Competitiveness Framework, underlines Britain’s intent to stay a leading hub for pharmaceutical innovation while ensuring NHS patients will gain faster access to new treatments.
By clicking the 'Subscribe’, you agree to receive our newsletter, marketing communications and industry
partners/sponsors sharing promotional product information via email and print communication from Garavi Gujarat
Publications Ltd and subsidiaries. You have the right to withdraw your consent at any time by clicking the
unsubscribe link in our emails. We will use your email address to personalize our communications and send you
relevant offers. Your data will be stored up to 30 days after unsubscribing.
Contact us at data@amg.biz to see how we manage and store your data.