Synopsis: India has risen on the World Bank’s Ease of Doing Business Index from 77 in 2018 to 63 in 2019 across 190 countries. Its 68th rank in “trading across borders” can be improved upon through digitalization. Introduction In the age of the fourth industrial revolution, India must digitalize supply chains to reduce inefficiencies, improve… Continue reading Digitalize all supply chains to unlock trade efficiencies
Tag: changes in industrial policy
Chipped & vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry
Synopsis: There is an urgent need for India to scale up the manufacturing of semiconductors. Introduction India’s automobile industry is facing a major shortage of semiconductors. The supply situation isn’t expected to ease any time soon. That’s mainly because chip manufacturing is concentrated in a few countries. Why there is a shortage of semiconductors? The… Continue reading Chipped & vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry
Our export efforts hold the key to growth in the quarters ahead
Synopsis: India’s growth hope in the immediate future is dependent heavily on exports. What are the challenges that impact export promotion? Issues in remission of duties and taxes on exported products (RODTEP) scheme structuring: Under RODTEP, Steel, pharma, and chemicals get no rebate at all, although many products using these inputs do. This kind of… Continue reading Our export efforts hold the key to growth in the quarters ahead
Is monetising public assets a good idea?
Synopsis: Two experts, viz. Montek Singh Ahluwalia (MS) and Professor Ajay Shah (AS), share their views over Asset Monetisation programme of the government. Contents1 Background2 How can govt go about monetising operational assets?3 Why the govt chose asset monetisation over outright privatisation?4 Can we ensure that there’s no asset stripping by pvt investors?5 Background Read… Continue reading Is monetising public assets a good idea?
ADIF aims to rank India startup ecosystem in Top 3 globally by 2030
What is the News? The Alliance of Digital India Foundation(ADIF) plans to rank India’s startup ecosystem among the Top 3 globally by 2030, with a focus on finding the right policy framework to drive growth. India’s Startup Ecosystem: India is the third-largest startup ecosystem in the world after the US and China in terms of… Continue reading ADIF aims to rank India startup ecosystem in Top 3 globally by 2030
Integrity of insolvency processes: A tough ask
Source: This post is based on the article “Integrity of insolvency processes: A tough ask” published in Live Mint on 2nd September 2021. Syllabus: GS3- Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment Relevance: Role of Insolvency bankruptcy code in maintaining the health of financial institutions. Synopsis: Issues hampering the… Continue reading Integrity of insolvency processes: A tough ask
The truth about asset monetisation
Source: This post is based on the article “The truth about asset monetisation” published in Indian Express on 1st September 2021. Relevance: Resource mobilisation and Investment in Infrastructure Synopsis: Criticism of the government’s plans to lease out assets to private players, raise resources for public investment, is baseless. Criticism of NMP is baseless Arguments have… Continue reading The truth about asset monetisation
Policy harmonization will help our MSMEs create jobs
Source: This post is based on the article “Policy harmonization will help our MSMEs create jobs” published in Business Standard on 1st September 2021. Relevance: e-commerce in India, Flaws in GST structure, challenges faced by MSMEs Synopsis: India’s indirect taxation needs immediate harmonization to put offline and online business transactions on par. Contents1 Context2 Problems… Continue reading Policy harmonization will help our MSMEs create jobs
What are the new BH series registration plates for vehicles?
Source: This post is based on the article “New BH series registration plates for vehicles” published in Indian Express on 1st September 2021. What is the News? The Ministry of Road Transport and Highways has notified Bharat series of “BH” series of registration to ensure seamless transfer of vehicles across states. What is the Existing system?… Continue reading What are the new BH series registration plates for vehicles?
Making NMP work
Source: This post is based on the following articles published on 31st August 2021: Asset monetization mustn’t end up as a Potemkin show – Livemint A monetization move that doesn’t tick most boxes – The Hindu Making NMP work – Business standard Relevance: Resource Mobilisation Synopsis: Challenges in the Implementation of National Monetisation Pipeline (NMP) and suggestions to overcome those challenges. Is asset… Continue reading Making NMP work
