“The dream of being a Chip hub”

News-India is aiming to manufacture silicon semiconductor chip, it has recently made efforts to set up a fabrication plant with the help of Taiwan, which is a leader in the Chip making industry.  Have there been any initiatives for setting up Chip making Industry in the past   NASSCOM had in the past tried to set up ecosystem for… Continue reading “The dream of being a Chip hub”

Challenges with Globalization: An olde fairy tale of the new world order we must brace for

News: Current phase of digital technology-enabled globalization has disturbed the fabric of human society and sovereign states. Signs of globalization in the past Human beings have travelled to distant places to survive, trade, and communicate. Harappan seals dating back to 3000 BCE found in Mesopotamia indicate trade and contacts between ancient civilizations. The number Zero, algebra,… Continue reading Challenges with Globalization: An olde fairy tale of the new world order we must brace for

Centre to organize the first of its kind innovation week to encourage Startup ecosystem in India

What is the News? The Government of India is organizing the first of its kind innovation week titled “Celebrating Innovation Ecosystem” to encourage the Startup ecosystem in India. About Celebrating Innovation Ecosystem Week Organized by: Department for Promotion of Industry and Internal Trade (DPIIT) Aim: To bring together India’s key startups, entrepreneurs, investors, policymakers and… Continue reading Centre to organize the first of its kind innovation week to encourage Startup ecosystem in India

Centre set to rejig privatisation process for non-strategic sectors

What is the News? The government of India is set to approve several changes in the privatisation process for companies in non-strategic sectors. Background Recently, the Government of India has released a new ‘Public Sector Enterprise Policy’. The policy classifies public sector commercial enterprises into strategic and non-strategic sectors. In the strategic sectors, there would… Continue reading Centre set to rejig privatisation process for non-strategic sectors

KVIC Rolls Out Unique Business Model to Handhold 70 Women Agarbatti Artisans in Assam

What is the News? Khadi and Village Industries Commission(KVIC) has created a unique business model to empower women Agarbatti artisans in Assam and strengthen the local Agarbatti industry. What is the model adopted by KVIC? KVIC has engaged 70 tribal women belonging to 7 self-help groups (SHGs) under the Prime Minister’s Employment Generation Program(PMEGP). These… Continue reading KVIC Rolls Out Unique Business Model to Handhold 70 Women Agarbatti Artisans in Assam

4G, 5G or 6G, all need wireless backhaul

News: The recent Parliamentary Committee report titled, “India’s Preparedness for 5G” states that while 59 countries had deployed 5G, India had not done so. In this regard, the Parliamentary Committee has highlighted the issues/challenges that are hampering India’s transition towards 5G technology. What are the issues/challenges highlighted by the Parliamentary Committee? – Inadequate spectrum, with… Continue reading 4G, 5G or 6G, all need wireless backhaul

NEIA SCHEME

What is the News? The Ministry of Commerce and Industry has informed the Lok Sabha about the National Export Insurance Account(NEIA) Trust. What is the National Export Insurance Account(NEIA) Trust? NEIA Trust was set up in 2006 by the Ministry of Commerce and Industry. Aim: To ensure the availability of credit risk cover for projects… Continue reading NEIA SCHEME

Centre plans to give some strategic disinvestment powers to DPE

What is the news? The central government has decided to give some powers in the strategic disinvestment process to the Department of Public Enterprise (DPE). This department has been brought under the Ministry of finance. How does the current disinvestment process work? As per the current process, NITI Aayog identifies companies for disinvestment. This proposal… Continue reading Centre plans to give some strategic disinvestment powers to DPE

The high cost of India’s illusive quest for formalization

News: Formalisation of India’s economy has not benefited the informal workforce in India A recently released report by the State Bank of India (SBI) research team has claimed that the informal sector’s share in the overall economy has shrunk from 52% in 2017-18 to 15- 20. While the decline of the informal sector looks like… Continue reading The high cost of India’s illusive quest for formalization

New online certification system puts exporters in a fix

What is the News? The Ministry of Commerce had launched an online portal to issue Certificate of Origin(CoO) to the exporters from November 1,2021. The portal was launched to facilitate exporters through a secure, electronic, paperless CoO issuance process. However, exporters are facing challenges in registering on to the portal as it requires high-quality digital… Continue reading New online certification system puts exporters in a fix