· Inaugurates Mobile Medical Units across 4 metropolitan construction sites and slums to benefit over 1 lakh urban workers
Mumbai: (Press Release) PNB Housing Finance, one of India’s leading housing finance companies, through its CSR arm Pehel Foundation, announced the launch of the second phase of its Mobile Medical Unit (MMU) Program in partnership with Wockhardt Foundation. The program is aimed at improving primary healthcare access for construction workers and underprivileged communities across key regions of Delhi, Mumbai, Chennai and Ahmedabad, providing doorstep medical services to them.
The program is designed to address the lack of accessible and affordable healthcare services near construction sites and slum areas. Construction workers and their families often forego basic medical treatment due to high commute costs, long queues at hospitals, or fear of wage loss from time away. PNB Housing Finance and Wockhardt Foundation have joined hands to bridge this gap and offer a sustainable solution by bringing primary and preventive care directly to them.
Speaking on the launch, Mr. Girish Kousgi, MD & CEO of PNB Housing Finance said, “Healthcare is a basic right, yet access remains a privilege for many. At PNB Housing Finance, we believe that development must be inclusive, and that means addressing real needs where they exist – on the ground, at construction sites, in underserved neighborhoods. Our Mobile Medical Unit Program in association with Wockhardt Foundation aims to reduce the financial and physical barriers that prevent thousands of underserved families from seeking primary medical care. This is not just about treatment – it’s about creating awareness and promoting long-term well-being amongst the masses.”
Mr. Denis Varghese, Director- Wockhardt Foundation, added, “This collaboration with PNB Housing Finance gives us an opportunity to bring healthcare to those who need it the most – right inside the communities. With over 93,000 lives touched in Phase 1, this next chapter will further expand our reach to over one lakh individuals—a meaningful step toward bridging the healthcare gap. By bringing healthcare to the underserved, we will continue to empower communities to take charge of their health.”
Each mobile unit is staffed with 3 members – an MBBS doctor, pharmacist and licensed driver. The medical vans will offer essential services including general check-ups, treatment for common ailments, diabetes and hypertension management, and referrals for advanced treatment. In addition, the MMUs will continue to conduct health education and hygiene awareness sessions, and promote access to government healthcare schemes, further empowering these communities with knowledge and preventive practices.
The initiative builds on the success of Phase 1, where four MMUs served thousands of beneficiaries, majority of whom were from the construction worker community. With this second phase, PNB Housing Finance reaffirms its commitment to inclusive community development and sustainable urban progress – where nobody is left behind in the journey towards better health and well-being.
By Dr Syed Khursheed, Mumbai with the inputs of Swaminathan Anklesaria
Donald Trump is on a mission to dismantle the post-World War II global economic order—one anchored by the US dollar. If his policies erode confidence in this system, the world could face a serious reckoning. Some analysts even warn that we may be heading back to a gold standard.
The Dollar as the Financial Anchor
Since the end of World War II, the United States has served as the global economic stabiliser. It played a central role in creating the World Bank and International Monetary Fund (IMF), which continue to act as lenders of last resort for troubled economies. In every major financial crisis, the US has taken the lead in crafting international rescue packages.
But this dominance is increasingly resented—particularly by BRICS nations such as India and China. Although Trump has threatened sanctions against BRICS efforts to develop an alternative currency, he’s ironically doing more than anyone else to undermine the dollar’s global supremacy. Trump argues that the US has been exploited by the current system and that it’s time to tear it down.
What Happens Without the Dollar?
The dollar underpins the global financial structure. Without the US guaranteeing leadership during global crises, we could return to a situation similar to the 1930s, when the lack of a financial anchor deepened the Great Depression.
Economic historian Charles Kindleberger famously wrote:
“The 1929 depression was so wide, so deep and so long because the international economic system was rendered unstable by British inability and United States unwillingness to assume responsibility for stabilising it.”
A Brief History of the Gold Standard
Before World War I, most nations were on the gold standard, tying their currencies to gold reserves. But the war’s enormous costs forced countries to print unbacked money, abandoning gold. After the war, attempts to return to the gold standard failed. Governments realized that pegging spending to limited gold holdings would require painful austerity.
The result? Countries dropped the gold standard again, and global trade and payment risks soared. While not the cause of the Great Depression, this lack of a financial anchor definitely worsened it.
Kindleberger argued that the international economy needs a leader willing to bear risks and costs to keep the system stable. As he put it:
“For the world economy to be stabilised, there has to be a stabiliser, one stabiliser.”
Enter Project 2025
A radical plan is already on the table. The Heritage Foundation, a conservative think tank, drafted Project 2025 as a roadmap for a second Trump presidency. Though Trump has publicly distanced himself from parts of the plan, many of its proposals mirror his own views. Notably, several of his key advisors were directly involved in writing it and are expected to push its agenda.
Among the more drastic ideas:
Withdraw from the World Bank and IMF (or render them powerless).
Force holders of US Treasury securities to exchange them for lower-value, 100-year bonds—a move that would amount to economic expropriation.
This would devastate global investors and foreign governments, most of whom keep 50–70% of their foreign exchange reserves in US Treasuries. However, it would dramatically reduce US debt obligations, enabling tax cuts and larger deficits.
Key supporters of this plan include Treasury Secretary Scott Bessent and Economic Advisory Council head Stephen Miran. They’re also considering similar alternatives to achieve the same result.
One scenario being floated: a new “Mar-a-Lago Accord” (a nod to the 1985 Plaza Accord) that would impose these changes on G7 partners.
The Market’s Reaction: No More Free Ride
The global bond market won’t accept this quietly. If the US takes these steps, it risks losing its “exorbitant privilege”—the ability to print dollars without consequence. The dollar would no longer be the default global currency. It would become just another currency.
With no trusted alternative—neither the euro nor the yen—some analysts believe the world might turn to gold as a financial anchor once again. Central banks have already begun increasing their gold reserves, and this trend could accelerate.
But the Gold Standard Has Its Own Problems
The same issues that doomed the gold standard after WWI still apply today. Governments want to run budget deficits (especially for defence in Europe), and they don’t want to be restricted by gold reserves. Meanwhile, voters would rebel against the austerity required to maintain a strict gold-backed currency.
Could other global players step up to fill the void?
Unlikely. Europe won’t ally with China or Russia, and the idea of Europe and Japan providing a gold-backed alternative is laughable.
No Clear Anchor in Sight
For now, no viable replacement for the dollar exists. The world may limp along without a global anchor. But when the next financial crisis hits, the consequences of operating without one could be disastrous.
Conclusion
Donald Trump’s economic plans could fundamentally reshape the global financial system. Whether by design or consequence, the dollar’s fall as a global anchor may be closer than we think. Yet, no credible alternative is ready to take its place. And if history is any guide, a world without a stabilising force will be a far more volatile one.
New program aims to build strong base for future Engineering and Medical aspirants
Tutorix has announced the launch of its Online Foundation Classes targeting students in grades 7 to 10, with a focus on building the fundamental knowledge required for future success in Engineering and Medical entrance examinations.
The program introduces two key methodologies: “Flipped Learning” and “Action Driven Monitoring (ADM),” which the company claims will guarantee improved academic performance. According to Tutorix representatives, the flipped learning approach ensures students engage with content before live sessions, allowing classroom time to focus on clearing doubts and deeper concept exploration.
“We’re committed to making quality education available across all segments of society,” said a spokesperson for Tutorix. “Our evening classes cover not just Mathematics and Science but also future skills like Generative AI and Computer Fundamentals, providing a comprehensive foundation for tomorrow’s professionals.”
Tutorix is a new initiative from TutorialsPoint, which has been teaching online to higher classes since 2006. “We at TutorialsPoint have extensive experience in online education spanning nearly two decades, so we are confident we will do justice with our aspiring doctors and engineers as well,” the spokesperson added.
The company has structured its pricing to accommodate various financial situations, with payment options available on monthly, half-yearly, or yearly bases. This flexible approach aims to remove financial barriers to quality education.
A distinctive feature of the program is the allocation of a personal mentor to each student. These mentors will continuously track student performance and arrange additional support when needed. Complementing this human element is an AI-based teaching assistant available 24/7 for doubt resolution, particularly useful during late-night study sessions.
“Technology forms the backbone of our assessment system,” noted the spokesperson. “Daily tests, unit assessments, and full-length exams provide data that triggers immediate intervention when a student’s performance falls below expected benchmarks.”
In an unusual move that signals confidence in their approach, Tutorix is offering a 100% money-back guarantee for unsatisfied students after their first month – an uncommon practice in the education sector.
The company will also conduct monthly parent-teacher meetings to provide comprehensive performance updates, introducing another innovative practice rarely seen in the supplementary education sector.
Tutorix is currently hosting orientation programs every evening at 7:00pm IST to provide detailed information about their classes and clarify doubts from parents and students before
enrollment. Interested families can join these sessions through the website https://www.tutorix.com.
Classes will commence in early June, with registration currently open on the company’s website.
Hyderabad, May 18, 2025 – Tutorix, backed by TutorialsPoint’s 18+ years of teaching excellence, has launched online foundation classes for grades 7th to 10th. The program combines Mathematics and Science with future skills like Generative AI, providing students with a comprehensive learning experience.
Tutorix offers HD video lectures, study notes, quizzes, and mock tests for grades 6th to 12th, covering CBSE, ICSE, and select state boards. The program incorporates future skills like Generative AI to prepare students for the digital age. Key features include:
Engaging video lectures with interactive quizzes and assessments
Adaptive learning approach with progress tracking and analysis
Expert support available round-the-clock to address student queries
Founder and CMD Mohammed Mohtashim assures, “If our result is not proper or students are not satisfied or getting better with our teaching method, we will return the fees.”
Recently, Tutorix participated in the National Educational Conference & Home Tutor Excellence Awards 2025 in Kolkata, showcasing its commitment to educational excellence. The launch event saw staff, well-wishers, and students gathering online and offline.
About Tutorix:
Tutorix is an e-learning app designed for students in grades 6th to 12th and those preparing for competitive exams like IIT/JEE and NEET. It offers personalized learning through high-quality audio-visual content.
KOLKATA: Maeeshat Academy, Mumbai and The Sirri Saqti Foundation, Kolkata organized the Home Tutor Excellence Awards 2025 at Hotel Ivory Inn, in Kolkata. Mrs. Uzma Raffat , a postgraduate from Aligarh Muslim University, won first prize, while Junaid Kamal and Anwar Hussain secured second and third place, respectively.
Mrs. Uzma Raffat , who balances civil service preparation with teaching, expressed gratitude: “I’m humbled to receive this award. It has increased my responsibility, and I’ll strive harder to educate more students.”
The award recognizes exceptional home tutors contributing to national development without seeking recognition. The jury comprised:
– Mr. Abdul Rahim Sahab, Head and Founder of The Sirri Saqti Foundation(TSSF)
– Mrs. Afrin Golam Sahiba, Renowned Social Worker
– Mrs. Arshiya Ahmed Sahiba, Proprietor of Arshiya Kitchen
– Mr. Huzaifa Arshad Sahab, Founder of Career Designer 360
Danish Reyaz, Head of Maeeshat Academy, emphasized the importance of home education: “In today’s challenging era, parents and teachers must collaborate to nurture the next generation. Home tutors play a vital role.”
The Home Tutor Excellence Award 2025 honors unsung heroes shaping young minds and empowering future generations, inspiring others and highlighting the significance of home-based education.
