Synopsis: The new policy of Work from anywhere gained momentum during the pandemic. It has multiple benefits for all stakeholders. Background Lack of clarity and flexibility in the US H-1B visa Programme remains major concerns for high-skilled Indian migrants, seeking to relocate to the U.S. This uncertainty was high during the Trump administration, with visa… Continue reading The Advantages of Work from Anywhere
Tag: ECO_7
Knowledge Economy in India
Synopsis: India has lost its leadership in the production of a knowledge economy. But still India maintaining leaderships in few sectors like space, pharma and information technology. India as Knowledge economy Background The global success of the Indian Space Research Organisation (ISRO) and the pharmaceutical industry signifies the diplomatic potential of India’s Knowledge Economy(production of… Continue reading Knowledge Economy in India
PM Modi’s Acknowledgement of role of private sector
Synopsis: Future growth in India should be led by the private sector. The government should encourage the private sector as a central part of its strategy. Introduction Recently the prime minister acknowledged the role of the private sector. Now it is up to the private sector to grow their business, pursue excellence, follow the law… Continue reading PM Modi’s Acknowledgement of role of private sector
“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
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
Causes of accidents in firework industry
Synopsis: Labour reforms and technological advances within the fireworks industry is the need of the hour to minimise the causes of accidents in the firework industry. Introduction Thousands of workers in Tamil Nadu’s famed fireworks’ industry are working in unsafe conditions. It resulted in a series of accidents. Such as 20 workers died and 28… Continue reading Causes of accidents in firework industry
NITI Aayog study to track “Economic Impact of Green Verdicts”
What is the News? NITI Aayog has commissioned a study to examine the unintended economic consequences of judicial decisions that have hindered and stalled projects on environmental grounds. About the study Responsible body: The study is to be undertaken by Jaipur-headquartered CUTS (Consumer Unity and Trust Society) Centre for Competition, Investment, and Economic Regulation. It… Continue reading NITI Aayog study to track “Economic Impact of Green Verdicts”
New Farm Laws and Labour Codes is the way forward
Source: The Indian Express Syllabus: GS-3 Issues related to direct and indirect farm subsidies and Issues related to direct and indirect farm subsidies Synopsis: The agriculture and labour reforms passed recently creates a condition for productivity and enhance growth. This benefits millions of small farmers and unorganised workers. Farm Laws and the changes it brings: … Continue reading New Farm Laws and Labour Codes is the way forward
What is “Make in India Initiative 2.0”?
What is the News? The Minister of Commerce and Industry has informed Lok Sabha about the Make in India Initiative 2.0. Make in India Initiative: Launched Year: It was launched in 2014 by the Government of India. Aim: To make India a global hub for the manufacturing, research and innovation. Also, the integrations of India… Continue reading What is “Make in India Initiative 2.0”?
What is “One District One Product Scheme”?
What is the News? The Ministry of Commerce and Industry has informed Lok Sabha about the One District One Product Scheme. One District One Product Scheme(ODOP): Aim: To identify one product per district based on the potential and strength of a district and national priorities. A cluster for that product will be developed in the… Continue reading What is “One District One Product Scheme”?
