Page 20 - Seniors Today - Jan25 Issues
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commission, his total emolument increased the Government of Karnataka, Dr Shetty
by 10% in FY24 to ₹109.41 crore. pioneered Yashaswini, a very inexpensive
Additionally, Hero Future Energies, the micro health insurance scheme benefitting
renewable energy arm of Hero, partnered more than 3.4 million rural poor.
with KKR to invest $450 million in Dr Shetty is the recipient of several
expanding capacity. prestigious awards including the Padma
Though the late Brijmohan Lall Munjal Bhushan, The Economist Innovation
founded Hero Group, Pawan Munjal can Award, Ernst and Young – Entrepreneur of
take full credit for knocking the ball out the Year.
of the park. His life story is a remarkable “In all my 33 years back in India the
narrative of vision, perseverance, and a whole discussion was around affordable
strong sense of social responsibility. His healthcare and cost reduction. But today,
journey from a young entrepreneur to any further lowering of costs in medical
a business leader and philanthropist is procedures will be at the cost of quality
marked by his unwavering commitment to and since we cannot compromise on the
excellence and his dedication to making a quality but do still need to make healthcare
difference. affordable, the only option available is
Says Munjal: “Innovation is not a slogan affordable health insurance.” The hope for
at Hero MotoCorp, it is a way of life in our the country now, the doctor reminds us,
organisation.” “is not universal healthcare but universal
health insurance.”
34 Dr Devi Shetty, 70, Doctor,
Entrepreneur 35 Shardul Shroff, 64, Corporate Lawyer
Devi Prasad Shetty is As a thought leader in the
best described as a heart legal domain, Shroff has
surgeon with a heart been consistently rated
of gold. Shetty set up as a leading corporate
Narayana Hrudayalaya and M&A lawyer, both
in 2001 with the motto: internationally, and here
‘None shall be turned away because in India.
they can’t pay.’ In 2021, he expanded his After breaking away from his brother
healthcare company, which is now listed on to form Shardul Amarchand Mangaldas,
the stock exchange. Shroff soared to even greater heights
Dr Shetty is a highly respected luminary representing the cutting-edge of legal
for his ingenious ideas for reforms in the expertise, with a slew of high profile clients
healthcare sector. His visionary leadership which include Meta (formerly Facebook).
to make quality healthcare accessible for all Shroff is known for his thoroughness,
has drawn global recognition. Treading the innovation and problem-solving approach
path of economies of scale to bring down and his knowledge of regulation. His
the cost of healthcare delivery, Narayana multi-practice expertise and experience
Hrudayalaya has been an interesting case is borne out in several rescue schemes,
study for the likes of Harvard and The resolution plans and debt and corporate
Wall Street Journal. In association with restructuring. Shroff has been instrumental
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