What is the news? India has announced a diplomatic boycott of the Beijing Winter Olympics just ahead of the opening ceremony. What is the Beijing Winter Olympics? The 2022 Winter Olympics is an international winter multi-sport event scheduled to be held in Beijing, China. However, the event has been diplomatically boycotted by several countries such… Continue reading Indian diplomats to boycott Beijing Winter Olympics
Tag: the hindu
Ink India-Britain free trade, unlock new opportunity
News: Both India and UK are working together to build a strong relationship and to harness new opportunities. Read here: India UK Relations and its challenges – Explained, Pointwise What are the new developments in the India UK relationship? – India and the UK also declared their ambition to more than double bilateral trade by 2030, which… Continue reading Ink India-Britain free trade, unlock new opportunity
Creating jobs by increasing Capex
News: Recent budget has put a lot of attention into enhancing capital expenditure. It is due to the huge potential of capex to generate employment. Contents1 What is the employment scenario in India? 2 What is capex and its multiplier effect? 3 What are the provisions in recent budget regarding capital expenditure? 4 What are other positive trends… Continue reading Creating jobs by increasing Capex
India ranks third globally in forest area gain: Survey
What is the news? The Economic Survey 2022 has provided data regarding forest area in India. What are the key highlights from the survey? India has increased its forest area in the past decade and ranks third globally in average annual net gain in forest area from 2010-2020. Forests covered 24% of India’s total geographical area,… Continue reading India ranks third globally in forest area gain: Survey
A betrayal of the social sector when it needs help
News: India continues to rank poorly in various global indices such as the Human Development Index, the Global Hunger Index and others. But, despite this, the budget has put less emphasis on the social sector like health, education and food security. Contents1 Must read: Union Budget 2022-23: Highlights, tax proposals, concerns – Explained, pointwise 2 What is… Continue reading A betrayal of the social sector when it needs help
FM moots ₹19,500-cr. push for solar manufacturing
What is the News? In Union Budget 2022, the Finance Minister has announced an “additional allocation” of ₹19,500 crore as a Production-linked incentive for manufacturing solar modules. Note: The Budget 2022 has referred to climate action as a sunrise sector and employment generator. This has sent an important signal to markets, financial institutions and the… Continue reading FM moots ₹19,500-cr. push for solar manufacturing
Push for promotion of drones through start-ups
What is the News? In the Union Budget 2022, the Finance Minister has announced several steps for the promotion of Drones. What are the steps announced by the Finance Minister for the promotion of Drones? Firstly, Startups will be promoted to facilitate ‘Drone Shakti’ through varied applications and for Drone-as-a-Service(DrAAS). Note: Drone Shakti is a… Continue reading Push for promotion of drones through start-ups
Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
What is the News? In Budget 2022, the Finance Minister has announced several initiatives for the Health Sector. But the Budget 2022-23 has not allocated much to the health sector as required despite the ongoing pandemic. What are the initiatives announced in the Health Sector in Budget 2022? Health Budget: The health sector saw a muted… Continue reading Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
Budget 2022: Auctions By March, Rollout By FY23 Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025
What is the News? In the Budget 2022, the Union Finance Minister has announced several initiatives in the Telecom Sector. What are the initiatives announced by the Finance Minister in the Telecom Sector? Firstly, the Government will hold an auction for the 5G spectrum in 2022, but the implementation of services will happen in 2022-2023. … Continue reading Budget 2022: Auctions By March, Rollout By FY23 Govt lays ground for 5G rollout; pushes rural broadband deadline to 2025
Govt. proposes new SEZ law
What is the news? In the Union Budget 2022, the Government has proposed to replace the Special Economic Zones (SEZs) Act,2006 with a new law. What is the Special Economic Zones (SEZs) Act? The Special Economic Zones (SEZs) Act was enacted in 2006 with an aim to create special economic zones. SEZ are areas within… Continue reading Govt. proposes new SEZ law
