India enters 37-year period of demographic dividend

According to studies, India has entered a 37 year period of demographic dividend since 2018. The period of demographic dividend will last till 2055. This has been created as India’s working-age population (people between 15 and 64 years of age) has grown larger than the dependant population (children aged 14 or below plus people above… Continue reading India enters 37-year period of demographic dividend

India warns WTO’s appeals body may collapse

India has warned of the collapse of the World Trade Organization’s (WTO) Appellate Body. This statement came as the US has repeatedly blocked the selection complaining the Appellate Body failed to follow the rules in the Dispute Settlement Understanding. The World Trade Organization (WTO) is an intergovernmental organization that is concerned with the regulation of… Continue reading India warns WTO’s appeals body may collapse

Kerala to set up nation’s first Space Systems Park

The Kerala government will set up the country’s first Space Systems Park at the upcoming Knowledge City in Thiruvananthapuram, kerala.The project will be implemented by the State Government’s Electronics and IT Department. The facility will seek to attract global start-ups working in the space sector and also make it as a major manufacturing hub for… Continue reading Kerala to set up nation’s first Space Systems Park

Government to roll out big push for infrastructure

India has decided to organize an annual global investors meet in the country similar to the World Economic Forum(WEF) in Davos. The idea for holding a summit is being mooted at a time the government is looking to attract more investments from overseas.This will spur economic growth and generate more jobs. India also wants to… Continue reading Government to roll out big push for infrastructure

Revamp of Army Headquarters to get under way by the end of July

The Defence Ministry has approved the proposal to restructure the Army Headquarters. The aim of the restructuring of army headquarters is (a)to enhance the operational and functional efficiency (b)optimise budget expenditure (c)facilitate force modernisation and (d)address aspirations. The army has decided to create a new Deputy Chief (Sustenance) who is going to look after all… Continue reading Revamp of Army Headquarters to get under way by the end of July

Overseas bonds: Major advantages in raising long term funds, says NITI VC Rajiv Kumar

Finance Minister has announced in the Budget that it plans to raise a portion of its gross borrowing from overseas markets using sovereign bonds. A government bond or sovereign bond is a form of debt that the government undertakes wherein it issues bonds with the promise to pay periodic interest payments and also repay the… Continue reading Overseas bonds: Major advantages in raising long term funds, says NITI VC Rajiv Kumar

Railway roadmap: Govt to invite private players to run routes

The government has laid out a blueprint for a substantial boost in India’s infrastructure.A key element of that is the upgrade of Indian Railways. However,the Finance Minister has accepted that the government did not have the fiscal space to make the kind of heavy investments that are required to modernise the Railways. As modernising railways… Continue reading Railway roadmap: Govt to invite private players to run routes

Centre’s decision to bring amendments to RTI Act draws criticism from activists

Activists and former information commissioners have opposed the Centre’s move to amend the Right to Information(RTI) Act. The amendment proposes to empower the government to fix the term of service of information commissioners.It also proposes to change the salaries and allowances of CIC and IC as may be prescribed by the Central Government. However,activists have… Continue reading Centre’s decision to bring amendments to RTI Act draws criticism from activists

Modi 2.0 sets fast pace in 1st 50 days: Report card

The government has underlined its priorities in the first 50 days of its second term.It has aimed towards making India a $5 trillion economy and hitting the ground running on spurring growth. The Union Budget has outlined the roadmap for the $5trillion economy and doubling the farmer’s income. The budget talked of (a)electric vehicles (b)mission… Continue reading Modi 2.0 sets fast pace in 1st 50 days: Report card

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