For 7PM Editorial Archives click HERE → Introduction To add to the problems of the Indian automotive industry, another big automaker has announced its exit from India. Ford has decided to stop manufacturing cars in India after failing to find a sustainable path forward. The exit is the latest in the series, after Harley-Davidson announced its withdrawal in Sep… Continue reading Why Global Automakers are exiting India? – Explained, pointwise
Tag: government policies and interventions
Winners and losers in shipping crisis
Synopsis: Challenges faced by exporters due to steep rise in ocean freight rates and congestion in various ports of the world. Introduction There has been a steep rise in ocean freight rates and congestion in various ports of the world. Indian exporters have complained of increase in freight rates by 300% to 1000% for various… Continue reading Winners and losers in shipping crisis
A selective nuclear policy
Synopsis: North Korea has maintained a dubious record of its nuclear program. Given its past record, it becomes difficult to access the direction its nuclear program is going to take. Introduction North Korea recently started its largest fissile material production reactor. This is the same reactor whose production was ceased in December 2018. IAEA (International… Continue reading A selective nuclear policy
Centre Revises “Transport and Marketing Assistance” (TMA) scheme for Specified Agriculture Products’
What is the News? The Centre has revised the “Transport and Marketing Assistance” (TMA) scheme for Specified Agriculture Products’. About Transport and Marketing Assistance(TMA) for Specified Agriculture Products Scheme Launched by: Ministry of Commerce & Industry in 2019. The objective of the Scheme: The scheme aims to provide assistance for the international component of freight… Continue reading Centre Revises “Transport and Marketing Assistance” (TMA) scheme for Specified Agriculture Products’
Union Minister inaugurates Emergency Landing Facility for Indian Air Force in Barmer, Rajasthan
What is the News? Union Defence Minister and Minister for Road Transport and Highways have jointly inaugurated Emergency Landing Facility(ELF) for the Indian Air Force(IAF). About Emergency Landing Facility(ELF) Purpose: It will be used for emergency landings of the Indian Air Force aircrafts. Located at: It is a 3 km stretch located on Gandhav-Bhakasar… Continue reading Union Minister inaugurates Emergency Landing Facility for Indian Air Force in Barmer, Rajasthan
Government Provides Big Boost to Exporters
What is the News? The Government of India has announced that it would clear all dues of exporters under various export promotion schemes. What are the various export promotion schemes under which dues will be cleared? About Merchandise Exports from India Scheme (MEIS) Click here to Read about MEIS Note: RoDTEP scheme which came into… Continue reading Government Provides Big Boost to Exporters
New rules to reform financial powers of armed forces
What is the news? In order to address operational needs of the armed forces, Defence Minister has released order on Delegation of Financial Powers to Defence Services (DFPDS), 2021. The last DFPDS was released in 2016. Under this order, new rules have been released to enhance the delegation of revenue procurement powers for the Army,… Continue reading New rules to reform financial powers of armed forces
‘Main Bhi Digital 3.0’ Special Campaign for Digital Onboarding, Training for street vendors launched
What is the News? The Ministry of Housing and Urban Affairs in collaboration with the Ministry of Electronics and Information Technology has launched ‘Main Bhi Digital 3.0’ Campaign. About ‘Main Bhi Digital 3.0’ Campaign It is a special campaign for Digital Onboarding and Training of street vendors under the PM SVANidhi scheme. The campaign has… Continue reading ‘Main Bhi Digital 3.0’ Special Campaign for Digital Onboarding, Training for street vendors launched
Ministry of Jal Shakti launches Swachh Survekshan Gramin 2021
What is the News? The Ministry of Jal Shakti has presided over the e-launch of Swachh Survekshan Gramin 2021. About Swachh Survekshan Gramin 2021 Swachh Survekshan Gramin 2021 is organized by the Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti under Swachh Bharat Mission (Grameen) Phase -II. Aim: To support the acceleration… Continue reading Ministry of Jal Shakti launches Swachh Survekshan Gramin 2021
A new Vajpayee moment for the troubled Indian telecom sector
Synopsis: There is a need to maintain a robust telecom sector for country-wide access to citizens and for accelerating economic growth. Introduction India opened up the telecom sector to private investment in 1994. But, aggressive bidding by companies to get licences led to financial stress, including defaults. Reforms introduced in 1999 by the A.B. Vajpayee… Continue reading A new Vajpayee moment for the troubled Indian telecom sector
