Synopsis: China can be countered by getting global value chains to shift here. But we have high trade costs Introduction Recently, the first in-person leaders’ summit of the Quad grouping was held. It resulted in a promising outcome that fits economic integration with the overarching strategic motive. India is an immediate beneficiary of this thrust.… Continue reading Tariffs & strategy: China can be countered by getting global value chains to shift here. But we have high trade costs
Tag: changes in industrial policy
How China’s crackdown could benefit Indian tech
Synopsis: China’s move to bring its tech sector under political control has created opportunities for India to attract greater foreign investment inflows. Contents1 Introduction2 Why China is tightening its grip on the Chinese private sector?3 Why is India expected to Gain?4 What does the future hold?5 What has been the impact on India’s Startup market?… Continue reading How China’s crackdown could benefit Indian tech
PM highlights importance of fintech, warns against covid
Contents1 What is the News?2 What are the issues he has talked about?2.1 On Digital Inclusion Initiatives2.2 On Namami Gange Programme2.3 On Azadi ka Amrit Mahotsav What is the News? The Prime Minister has addressed the 81st edition of his monthly radio programme Mann ki Baat. What are the issues he has talked about? On… Continue reading PM highlights importance of fintech, warns against covid
Govt.-industry panel drives policy to revive manufacturing
What is the News? The meeting between the Minister for Commerce and the private Industry soon after the national lockdown was announced in 2020 has led to the setting up of the SCALE Committee. What is the SCALE Committee? SCALE Committee stands for Steering Committee for Local Value Addition, Manufacturing and Exports(SCALE) It is a… Continue reading Govt.-industry panel drives policy to revive manufacturing
Flex-fuel engines to be mandatory soon: Gadkari
Contents1 What is the News?2 What are Flex Fuel Vehicles(FFV)?3 Advantages of Flex Fuel Vehicles4 Disadvantages of Flex Fuel Vehicles What is the News? Union Minister of Road Transport and Highways Nitin Gadkari on Friday said the government would soon make it mandatory for all vehicle manufacturers to make flex engines (that can run on… Continue reading Flex-fuel engines to be mandatory soon: Gadkari
Government Notifies PLI Scheme for Automobile & Auto components
What is the News? The government of India has issued notification regarding Production Linked Incentive (PLI) Scheme for Automobile & Auto components. What is the Production Linked Incentive (PLI) Scheme for Automobile & Auto components? Aim: To overcome the cost disabilities of the industry for the manufacture of Advanced Automotive Technology products in India. Key… Continue reading Government Notifies PLI Scheme for Automobile & Auto components
Why India must strengthen its public sector
Synopsis: The sale of giants like BPCL, BEML or SCI would undermine India’s “Atmanirbhar” goal. Privatisation compromises India’s sovereignty and economic freedom, threatening its energy security and strategic postion. Contents1 Introduction2 How China’s state-owned industry is performing globally?3 What are the implications of privatizing India’s significant PSEs?4 What is the way forward? Introduction Today, 28%… Continue reading Why India must strengthen its public sector
Let’s rework incentive structures to boost IBC recovery
Synopsis: IBC is a landmark reform and its efficiency can be further enhanced by adopting incentive structure. Contents1 Introduction2 Why IBC ‘s criticism is not justified?3 What are the issues still pending?4 Why USA’s debtor in possession model can not work in India?5 What is the way forward? Introduction Despite value erosion at disbursal due… Continue reading Let’s rework incentive structures to boost IBC recovery
National Single Window System for Investors and Businesses Launched
What is the News? The Union Minister of Commerce and Industry has launched the National Single Window System (NSWS) for investors and businesses. What is the National Single Window System (NSWS)? National Single Window System is a one-stop digital platform that aims at allowing investors to apply for various pre-operations approvals required for commencing a… Continue reading National Single Window System for Investors and Businesses Launched
Industrial Safety in Petroleum and Explosives Sector gets a Big Boost
What is the News? Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has implemented several reforms to ensure Industrial Safety in critical premises such as petroleum installations, explosive manufacturing facilities, cylinder filling and storage premises among others. Which organization is responsible for Industrial Safety in the Petroleum… Continue reading Industrial Safety in Petroleum and Explosives Sector gets a Big Boost
