News: The gains from the sale of Air India would be incomplete if follow-up steps are not taken to reorganise the civil aviation ministry. Reforms of this ministry are long overdue, and the Air India sale should expedite such a decision. Contents1 What does the Union civil aviation ministry do?2 Why downsizing of civil aviation… Continue reading After selling the Maharajah
Tag: changes in industrial policy
Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative
What is the News? On the sidelines of COP 26 in Glasgow, the LeadIT (Leadership Group for Industry transition) Summit 2021 was held in hybrid mode presided by India and Sweden. What is the Leadership Group for Industry Transition(LeadIT)? Launched by: LeadIT was launched by the Prime Ministers of Sweden and India with support from… Continue reading Exhorts more companies from the Heavy industries sector to join the global LEAD-IT (Leadership Group for Industry Transition) initiative
Will privatisation take off after the Air India sale?
Synopsis: Implications of the sale of Air India for the future of India’s public sector. Introduction Recently, the Tata Group emerged as the winning bidder for Air India, the debt-laden national carrier. Further, in this year’s Budget, the government unveiled a bold new disinvestment policy for even the strategic sectors. The government is also pursuing… Continue reading Will privatisation take off after the Air India sale?
What is PLI for?
Synopsis: The Production-Linked Incentive scheme must drive learning to compete, not manufacture. Introduction The Production-Linked Incentive (PLI) scheme has arose fresh interest in investing in domestic manufacturing. The scheme goes together with tariffs, on the finished product and often on the components involved. For example, Mobile phones have over the last three years been subject… Continue reading What is PLI for?
Changing economic order
Synopsis: In the absence of a focused approach to exports in the changing global environment, longer-term growth prospects are bound to suffer. Introduction India is on track to attain the $400-billion export target this fiscal year. Exports jumped to $33.44 billion in September, registering 21.35% year-on-year growth. India is clearly benefiting from a stronger-than- expected… Continue reading Changing economic order
India must keep the momentum of Air India’s privatization going
Synopsis: Adopting policies that boost the market valuations of state-run companies will help government to keep the disinvestment momentum. Introduction After the successful disinvestment in Air India, many want the government to build on this and carry out more strategic disinvestment, i.e., sell more government companies, to the private sector. But that is a very… Continue reading India must keep the momentum of Air India’s privatization going
Powering the energy sector
Synopsis: The Electricity (Amendment) Bill will be a game-changer if we implement its provisions successfully. Introduction India’s energy sector is struggling to meet the development needs of people. Also, DISCOMS are fighting with various problems ranging from poor infrastructure, ineffective operations to State level tariff policies. Under this backdrop, the Government of India released Electricity… Continue reading Powering the energy sector
Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India
Contents1 What is the News?2 What is the objective of the PLI Scheme for Telecom and Networking Products?3 What is the eligibility criteria?4 What are the incentives under the scheme? What is the News? The Minister of State for Communications has launched the Production Linked Incentive (PLI) Scheme for Telecom and Networking Products. What is… Continue reading Production Linked Incentive (PLI) Scheme for Promoting Telecom and Networking Products Manufacturing in India
Air India sale opens up a brighter future for aviation
Synopsis: Disinvestment of Air India will benefit Indian economy. Introduction Recently, the Government of India has successfully disinvested 100 per cent of its stake in Air India, 100 per cent in the low-cost airline Air India Express Ltd and 50 per cent in the Air India SATS Airport Services Private Ltd. The move reflects the… Continue reading Air India sale opens up a brighter future for aviation
Free power at a big price
Synopsis: The promise of free power to households/ other activities cannot be sustained. Introduction With elections coming near in many states, political parties started offering a lot of freebies to the people. Promises such as free power up to 300 units /month for households, free households, free households etc have been made. These all have… Continue reading Free power at a big price