What is the News? NITI Aayog and Rocky Mountain Institute(RMI) has released a report titled “Fast Tracking Freight in India: A Roadmap for Clean and Cost-Effective Goods Transport”. Contents1 Objectives of the Fast Tracking Freight in India Report:2 India’s Logistics Sector:3 Measures need to accommodate more urban citizens:4 Other measures recommended by the Fast Tracking… Continue reading NITI Aayog releases “Fast Tracking Freight in India” Report
Tag: ECO_11
NITI Aayog Releases “Investment Opportunities in India’s Healthcare Sector” report
What is the News? NITI Aayog released a report titled, ‘Investment Opportunities in India’s Healthcare Sector’. Purpose of the Investment Opportunities in India’s Healthcare Sector Report: The report outlines the range of investment opportunities in various segments of India’s healthcare sector. This includes hospitals, medical devices and equipment, health insurance, telemedicine, home healthcare, and medical… Continue reading NITI Aayog Releases “Investment Opportunities in India’s Healthcare Sector” report
Concerns with the Insurance (Amendment) Bill, 2021
Synopsis:The Insurance (Amendment) Bill, 2021 has few important concerns. But the move is a welcome step to the Insurance sector. Contents1 Introduction:2 About the Insurance (Amendment) Bill, 2021:3 Concerns with the Insurance (Amendment) Bill:4 Government’s response to the concerns: Introduction: The Lok Sabha has passed the Insurance (Amendment) Bill, 2021. The Bill had earlier been… Continue reading Concerns with the Insurance (Amendment) Bill, 2021
Spectrum Auctions in India – Explained, Pointwise
Contents1 Introduction2 About the recent spectrum auction3 What is spectrum?4 What is a spectrum auction?5 History of spectrum auctions6 Need of spectrum auctions7 Issues in spectrum auctions8 Suggestions to improve Spectrum Auctions9 Conclusion Introduction The department of telecommunication (DoT) successfully conducted the spectrum auctions in March 2021. The government generated over Rs 77,000 crore from… Continue reading Spectrum Auctions in India – Explained, Pointwise
Cabinet clears “74% FDI in Insurance Sector”
What is the news? The Union Cabinet has approved a proposal to amend the Insurance Act, 1938. It will increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%. Conditions: The increase in the foreign direct investment(FDI) limit in the insurance sector comes with safeguards such as: The majority of… Continue reading Cabinet clears “74% FDI in Insurance Sector”
Issues in the Process of Spectrum Auction
Synopsis: The government should revisit spectrum auction formats, unrealistic pricing, regulatory norms. Introduction The telecommunications’ spectrum auction successfully held in India recently. The winning bids in the auction collectively outdid the government’s own low expectations for receipts from the sale of airwaves. The three largest telecom service providers bought only essential airwaves. They bought it… Continue reading Issues in the Process of Spectrum Auction
“India Telecom 2021” Event Inaugurated
What is the News? Union Minister for Communications inaugurated India Telecom 2021 Event. About India Telecom 2021: Organised by: Telecom Equipment Export Promotion Council(TEPC) under Market Access Initiative Scheme (MAI) of the Department of Commerce. The event has the support of the Department of Telecommunications & Ministry of External Affairs. Purpose: It is an exclusive… Continue reading “India Telecom 2021” Event Inaugurated
“PLI Scheme for pharmaceuticals and IT hardware” Approved
What is the News? Union Cabinet has approved the Production Linked Incentive(PLI) Scheme for the pharmaceuticals and IT hardware sectors. About PLI Scheme for Pharmaceutical Sector: Objective: It will promote the manufacturing of high-value products in the pharmaceutical sector. Duration: The duration of the scheme will be for nine years from 2020-21 till 2028-29. Category… Continue reading “PLI Scheme for pharmaceuticals and IT hardware” Approved
Transport Minister launches ‘Go Electric Campaign’
What is the News? The Union Minister for Road Transport & Highways launches the “Go Electric” Campaign. Go Electric Campaign: It is a campaign of the Bureau of Energy Efficiency (BEE) to promote and spread awareness on electric mobility. Objectives: It will boost the confidence of electric vehicle manufacturers. Furthermore, it will spread awareness about… Continue reading Transport Minister launches ‘Go Electric Campaign’
Production Linked Incentive (PLI) scheme
What is the News? The Union Cabinet has approved the production-linked incentive(PLI) scheme for the telecom sector. About the production-linked incentive(PLI) scheme for the telecom Sector Aim of the scheme: It will make India a global hub for manufacturing telecom equipment. Moreover, it will create jobs and reduce imports especially from China. Focus of the… Continue reading Production Linked Incentive (PLI) scheme
