Category: INDIAN ECONOMY Fact & Analysis

Deployment of Renewable Energy

To increase the deployment of renewable energy in the country, the Government of India have put in place various policies/initiatives for promotion of renewable energy. These initiatives include incentives such as accelerated depreciations, waiver of Inter State Transmission System (ISTS) charges and losses, viability gap funding (VGF) and permitting Foreign Direct Investment up to 100 […]

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Employment Generation in MSME Sector

As reported by Central Statistics Office (CSO), Ministry of Statistics & Programme Implementation (MOSPI), the Share of MSME in All India GDP during 2015-16 and 2016-17 and 2017-18 has been 29.5% and 29.3% and 29.7%, respectively. As reported by Directorate General of Commercial Intelligence and Statistics (DGCIS), the share of MSME related products in total […]

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India has its reasons to stay out of Regional Comprehensive Economic Partnership (RCEP)

Economic openness is necessary but not sufficient: it succeeds only when combined with strategic industrial policy The third summit of the Regional Comprehensive Economic Partnership (RCEP) held in Bangkok, which concluded this week, sought to finalize a mega free-trade agreement among 16 countries from Asia and Oceania, which are home to one-half of the world’s […]

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Future of tourism: Is India ready ?

If India is to become the third-largest tourism economy by 2028, the country must focus on offering opportunities that allow talent to work on new and innovative projects—with a promise of continued learning and growth. This year, for the first time in the history of India’s travel and tourism sector, we were named the host […]

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Ease of doing business rankings

India climbing up 14 positions in the latest ease of doing business (EoDB) rankings—the 2020 report was released on Thursday—is good news for the country, which is struggling with a slowdown. While the report lauds the government’s efforts in implementing taxation reforms (GST), the real change has been in resolving insolvency. India’s score has improved […]

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NITI Aayog launches India Innovation Index 2019

NITI Aayog launches India Innovation Index 2019 Karnataka tops the Innovation Index followed by Tamil Nadu, Maharashtra, and Delhi NITI Aayog with Institute for Competitiveness as the knowledge partner released the India Innovation Index (III) 2019. Karnataka is the most innovative major state in India. Tamil Nadu, Maharashtra, Telangana, Haryana, Kerala, Uttar Pradesh, West Bengal, Gujarat, and Andhra Pradesh form […]

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‘India would achieve 1,75,000 MW target on time’

UPSC/UKPSC MAINS TOPIC ‘India would achieve 1,75,000 MW target on time’ says Secretary, MNRE Reports have appeared ina section of media,citing a CRISIL report, that India may fall short of its declared renewable energy target of 1,75,000 MW by the year 2022. The Ministry of New & Renewable Energy has refuted such claims. Full text […]

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