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
Tag: the hindu
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
Budget extends more sops for IFSC
What is the news? In the Union Budget 2022, the Finance Minister has announced several steps to further promote the International Financial Services Center (IFSC) in Gujarat. What are the steps announced by the Finance Minister to promote IFSC? Firstly, Income Tax incentives will be provided to promote various business activities such as ship leasing… Continue reading Budget extends more sops for IFSC
Digital varsity and e-content for schools planned
What is the news? In Budget 2022, the Finance Minister has announced several initiatives for the education Sector. What are the initiatives announced in the Education Sector in Budget 2022? DESH-Stack e-portal: Digital Ecosystem for Skilling and Livelihood (DESH-Stack e-portal) will be launched to empower citizens to skill, reskill or upskill through online training. Digital… Continue reading Digital varsity and e-content for schools planned
Centre to set up high-level panel on urban policies
What is the news? The Finance Minister has announced plans to set up a high-level committee of planners, economists and institutions to provide recommendations on issues and policies related to the urban sector. What is the need of a High Level Panel on Urban Planning? By 2047, nearly half of India’s population is likely to… Continue reading Centre to set up high-level panel on urban policies
