GS-3, Indian Economy, Uncategorized

Government approves capital goods sector policy

The Hindu News First -ever policy for the capital goods sector approved by the Cabinet . Key points of the policy It aims to triple the value of production of capital goods to Rs.7.5 lakh crore by 2025 and create more than 21 million jobs. It envisages increasing exports to 40 per cent of production… Continue reading Government approves capital goods sector policy

Big Picture, GS-2, International Relations, Uncategorized

India US defence cooperation and Make in India Initiative

US defence secretary Aston Carter visited India last week  and discussed ways of enhancing previous  defence initiatives,and  signed new agreements like logistical exchange of memorandum of agreement which  entails the militaries of two nations to share facilities for refuelling, supplies and spares. Various agreements which also promote Make in India initiative were also proposed. Make… Continue reading India US defence cooperation and Make in India Initiative

Editorials, Uncategorized

India’s Start-up Policy

Article Link As part of a bunch of measures that constitute the action plan for government’s start-up initiative, the centre will shortly be setting up a Fund of Funds that would invest in private venture capital funds. The fund will be set up with the initial corpus of 10,000 crore (about $1.5 billion). However, it… Continue reading India’s Start-up Policy

Big Picture, GS-3, Indian Economy, Uncategorized

Challenges for ‘Make in India’

Watch debate here! The government launched “Make In India” initiative which aims at promoting India as an investment destination and to establish India as a global hub for manufacturing, design and innovation. The initiative aims to provide favorable environment to the business community so that they can devote their resources, efforts and energy in productive… Continue reading Challenges for ‘Make in India’

GS-3, Public Admin 2, Uncategorized

Delivering on the digital promise

Digital India Digital India is an ambitious vision that has the potential to be an equaliser for Indians by driving inclusive growth for the economy. Connecting villages with broadband, the initiative brings better, more accessible, governance to the people. It also encompasses many other initiatives — India’s national financial inclusion plan that aims to connect… Continue reading Delivering on the digital promise

Indian Economy, Uncategorized

For Make in India, we must create intellectual property and its jurisprudence

There are two  key pre-requisites. One, India has to support innovation and the creation of intellectual property at multiple levels: of policy, import duty, financial outlays and legal support. Two, Indian entrepreneurs must show ambition to operate on global scales of quality and quantity. Create Intellectual Property: It is welcome the government proposes to reduce… Continue reading For Make in India, we must create intellectual property and its jurisprudence