News: India recently sold BrahMos supersonic cruise missiles to the Philippines. Read here: the Philippines to acquire BrahMos cruise missiles for $375 million Why the Philippines is upgrading its defence capabilities? Both China and the Philippines claim islands in the South China Sea (SCS). China has militarized Woody Island and arbitrarily claimed the Nine-Dash Line (NDL).… Continue reading A policy to replicate BrahMos’ success
Tag: business standard
Flashpoint Ukraine
News: Russia’s invasion of Ukraine and possible sanctions by US will impact India adversely. What are the probable adverse impacts on India? Inflationary impact: the significant upward pressures on oil prices, exacerbated by the Organisation of the Petroleum Exporting Countries’ recent unwillingness to raise output. It will accentuate inflationary impulses and increase risks for the… Continue reading Flashpoint Ukraine
Amending the FRBM Act
News: The finance ministry has excused itself from providing a projection of its fiscal consolidation plan. What is the issue? In the recent budget, the Union finance ministry committed to reducing the government’s fiscal deficit from 6.9 percent of gross domestic product or GDP in 2021-22 to 6.4 percent in 2022-23. Further, the deficit is… Continue reading Amending the FRBM Act
New CSR disclosure framework for companies: Onerous disclosures
News: Government has brought out a new disclosure framework for companies that requires a detailed level of reporting from FY21 within a prescribed format of its Corporate social responsibilities (CSR) activities. Companies need to submit these details to the Registrar of Companies. What does the government directive say? The disclosure requires some granular details.… Continue reading New CSR disclosure framework for companies: Onerous disclosures
Making Green Hydrogen work
News: Recently, a new green hydrogen and green ammonia policy has been introduced that envisages building a prominent role for clean fuels in the country’s fossil fuel-dominated energy mix. What does the policy offer? The policy offers some concessions on interstate electricity transmission charges, which has the potential to halve the current costs of producing… Continue reading Making Green Hydrogen work
Draft India Data Accessibility & Use Policy, 2022: India’s draft data policy unlocks govt data for all, mulls monetisation
What is the News? The Government of India has released a policy document called “Draft India Data Accessibility & Use Policy 2022”. About the Draft India Data Accessibility & Use Policy, 2022 Aim: To enhance access, quality, and use of data in line with the current and emerging technology needs of the decade. Salient features… Continue reading Draft India Data Accessibility & Use Policy, 2022: India’s draft data policy unlocks govt data for all, mulls monetisation
The farm deal that needs to be reworked
News: This article discusses the vital issues related to agriculture that the government needs to keep in view while formulating the country’s strategy for future negotiations on agriculture-related matters in various WTO forums. Why AoA of WTO needs to be reviewed? One, Agreement on Agriculture (AoA) under the World Trade Organization (WTO) and its amendments… Continue reading The farm deal that needs to be reworked
UAE treaty could give a fillip to Indian exports to the Gulf and Africa, benefit pharma and MSME sector
News: After its exit from RCEP, India and Mauritius signed a Comprehensive Economic Co-operation and Partnership Agreement. Interim trade agreements with the UK, Canada and Australia are in the pipeline. India recently announced trade deal with UAE also. Read here: India, UAE sign comprehensive trade pact What are the key outcomes of the India-UAE trade treaty? The… Continue reading UAE treaty could give a fillip to Indian exports to the Gulf and Africa, benefit pharma and MSME sector
China’s answer to rising sea levels, food insecurity: ‘seawater rice’
What is the News? Chinese Scientists have developed a variety of rice known as “Seawater Rice”. What is Seawater Rice? Seawater Rice is new salt-tolerant rice that can be grown in salty soil near the sea. This rice was created by over-expressing a gene from selected wild rice that’s more resistant to saline and alkali. What… Continue reading China’s answer to rising sea levels, food insecurity: ‘seawater rice’
Fading SEZ appeal
News: Recently the government has started working on replacing the Special Economic Zones (SEZ) Act, 2005, with a new law. Why such change? The finance minister has indicated that the updated legislation would enable states to become “partners in the development of enterprise and service hubs”. It may also allow SEZ units to sell in… Continue reading Fading SEZ appeal
