National Conference on Technical Textiles
Context: The Ministry of Textiles, in collaboration with the Government of Andhra Pradesh, hosted a National Conference on Technical Textiles in Vijayawada. Relevance: GS III: Indian Economy Dimensions of the Article: Conference Highlights Significance About Technical Textiles Significance and Potential Applications of Technical Textiles About National Technical Textiles Mission Objectives:
Market Access Initiative (MAI) Scheme
Context: Ahead of the interim Budget 2024, exporters have urged the government to allocate funds worth $3.88 billion for the Market Access Initiative (MAI) scheme. Relevance: GS III: Indian Economy Dimensions of the Article: Market Access Initiative (MAI) Scheme: Export Promotion Catalyst: Focus on Specific Products and Markets: Target Beneficiaries: Scope of Assistance: Eligible Agencies: […]
Reforms Needed in India’s Geographical Indication (GI) Tags Journey
Context: India’s Geographical Indication (GI) tags journey of over two decades faces challenges, with limited outcomes indicating the need for reforms in the registration processes. Relevance: GS III: Indian Economy Dimensions of the Article: Geographical Indications (GI) Tag Definition and Importance: Administration and Registration: Significance and Examples: Ownership and Proprietorship: Location of the Geographical Indications Registry: Concerns Regarding […]
Design-Linked Incentive Scheme Overview
Context: Since announcement, the Design-Linked Incentive scheme (DLI) scheme has approved only seven start-ups, markedly short of its target of supporting 100 over five years. Relevance: GS III: Indian Economy Design-Linked Incentive Scheme Overview: The scheme is geared towards providing financial incentives and design infrastructure support throughout the development and deployment phases of semiconductor designs, […]
RoDTEP Scheme
Context: The Centre has no plans of re-working the popular Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exporters, despite the US government imposing anti-subsidy duties against it. Relevance: GS-III: Indian Economy (Growth and Development of Indian Economy, Taxation) Dimensions of the Article: Remission of Duties and Taxes on Exported Products (RoDTEP) […]
Pradhan Mantri Suryodaya Yojana
Focus: GS III- Indian Economy (Energy) Why in News? The Prime Minister of India recently chaired a meeting to launch “Pradhanmantri Suryodaya Yojana” with the target of installing rooftop solar on 1 crore houses. About Pradhan Mantri Suryodaya Yojana:
Production Linked Incentive (PLI) Schemes
Context: The central government has disbursed incentive amount of Rs 4,415 crore under its flagship Production-Linked Incentive (PLI) schemes for as many as eight sectors. Relevance: GS III: Indian Economy Dimensions of the Article: Production-Linked Incentive (PLI) Scheme Update: Production Linked Incentive (PLI) Scheme Overview: Performance Evaluation of PLI Schemes: Positive Outcomes: Export Achievements: Challenges […]
Yen Denominated Green Bonds
Context: REC Limited, a Maharatna and a Central Public Sector Enterprise (CPSE) under the Ministry of Power, has achieved a significant milestone by issuing its inaugural Japanese Yen (JPY) 61.1 billion green bonds under the Global Medium Term Notes Programme. Relevance: GS III: Indian Economy Dimensions of the Article: Yen Denominated Green Bonds by REC […]
What is a Windfall Tax
Context: India cut its windfall tax on petroleum crude to 1,700 rupees ($20.53) a tonne from 2,300 rupees a tonne, according to a recent government notification. Relevance: GS III: Indian Economy Dimensions of the Article: What is a windfall tax? Why are countries levying windfall taxes now? What are the issues with imposing such taxes? […]
Positive Trends in Multidimensional Poverty Reduction in India
Context: The NITI Aayog’s recent Discussion Paper, “Multidimensional Poverty in India since 2005-06,” reveals encouraging progress, with 24.82 crore people escaping multidimensional poverty over the past nine years. The paper draws on data from the National Family Health Surveys (NFHS) conducted in 2005-06, 2015-16, and 2019-21 to analyze the long-term trends in poverty. Relevance: GS […]