The Quality Council of India (QCI) is a pioneering experiment of the Government of India in setting up organizations in partnership with the Indian industry. A committee which included various interested ministries and stakeholders including industries were constituted to make suitable recommendations. The work of the committee was coordinated by the then Department of Industries… Continue reading What is Quality Council of India?
Tag: ECO_7
Issues in Labour codes
Context: The labour codes will only better India’s ‘ease of doing business’ ranking instead of improving conditions of employment What is the Significance of Labour codes? Will generate employment and secure the basic rights of the workers. It will universalise the right to minimum wage of workers and social security entitlements. Why, have the labour… Continue reading Issues in Labour codes
Initiative to boost domestic manufacturing in India | 26th Nov. 2020
News: Government has recently approved the Production Linked Incentive (PLI) scheme worth up to Rs 1.46 lakh crores for 10 sectors with an aim to make Indian manufacturers globally competitive, attract investment in India and enhance export. The sectors under the scheme include automobiles and auto components, pharmaceuticals, telecom, and networking products, and advanced chemistry… Continue reading Initiative to boost domestic manufacturing in India | 26th Nov. 2020
Labour law reforms and Trade unions
Context- The new labour codes clear attempt to diminish the role trade unions. Contents1 What are the new labour laws?2 What are trade unions?3 What are the key objectives of Trade Union Act (TUA)?4 What are the key concerns with new labour codes? What are the new labour laws? The current government has introduced new versions… Continue reading Labour law reforms and Trade unions
Production-Linked Incentive(PLI) Scheme
The Union Cabinet chaired by the Prime Minister has given its approval to introduce the Production-Linked Incentive(PLI) Scheme for 10 key sectors. Facts: Aim: To help encourage domestic manufacturing, reduce imports, and generate employment. Features: Under the Scheme, companies will get incentives on incremental sales from products manufactured in domestic units. Implementation: The scheme will be implemented by… Continue reading Production-Linked Incentive(PLI) Scheme
Platform workers and their issues
Context- The new labour codes passed by Parliament recently acknowledge platform and gig workers as new occupational categories in the making. What are the provisions for platform worker in the labour code and issues with them? Definition of Platform work according to new law– “Platform work” has been defined as a work arrangement outside of… Continue reading Platform workers and their issues
Industrial Revolution 4.0: challenges and way forward | 29th October, 2020
Industrial Revolution 4.0 refers to the fourth industrial revolution related to manufacturing and chain production. It is driven by breakthroughs in digital technologies, such as artificial intelligence, robotics, 3D printing, the IoT, Big Data etc. The Drivers of Change: Technological breakthroughs: New technological innovations such as Big Data, 3-D printing, artificial intelligence and robotics is… Continue reading Industrial Revolution 4.0: challenges and way forward | 29th October, 2020
What is Industrial Revolution 4.0?
Industrial Revolution 4.0 Industry 4.0 refers to the fourth industrial revolution related to manufacturing and chain production. It is driven by breakthroughs in digital technologies, such as artificial intelligence, robotics, 3D printing, the IoT, Big Data etc. The Drivers of Change: Technological breakthroughs: New technological innovations such as Big Data, 3-D printing, artificial intelligence and… Continue reading What is Industrial Revolution 4.0?
MSME Udyam Process
Source: Indian Express Syllabus:Gs3: Inclusive Growth and issues arising from it. Context: Udyam initiative is promising in terms of capturing reliable and verified information about MSMEs but it can impact some MSME’s from accessing formal finance Why the information available on MSME’s are not adequate? Reliable and updated information regarding small businesses in India is… Continue reading MSME Udyam Process
Labour codes reforms
Source- The Indian Express Syllabus- GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment Context- The three labor bills will immensely help the country in bringing much needed economic growth and will help in employment generation. What are the new labour codes? The government has introduced new versions of three… Continue reading Labour codes reforms
