Transformative Growth: Unveiling the Impact of India’s Production-Linked Incentive Schemes on Manufacturing and Exports

 Introduction With the launch of the Production-Linked Incentive (PLI) programs in the fiscal year 2021–2022, India set out on a bold new path intended to stimulate exports and local production. Notable progress has been made in a comparatively short amount of time; as of November 2023, investments have surpassed Rs 95,000 crore, which is more than 48% of the initial budget of Rs 1.97 lakh … Continue reading Transformative Growth: Unveiling the Impact of India’s Production-Linked Incentive Schemes on Manufacturing and Exports

Global Risk Report 2023: A Grim Economic Outlook

The 18th Edition of the Global Risks Report 2023, recently released by the World Economic Forum (WEF), calls for the world to be ready for “Natural disasters and extreme weather events” over the next two years. The Economic recovery which followed the COVID-19 pandemic was subject to tensions at a time when cooperation was of utmost need to meet impending global difficulties. Yet few would … Continue reading Global Risk Report 2023: A Grim Economic Outlook

Crop Insurance: Advancements through Investments

Introduction Agriculture is more than just the economy. The sector employs roughly half of the country’s workforce, and 70% of rural households still rely primarily on agriculture for a living. After China, India has the world’s second-largest agricultural economy, accounting for 7.4% of total global agricultural output and roughly 20% of the country’s GDP. Despite the fact that agriculture is a significant industry in India, … Continue reading Crop Insurance: Advancements through Investments

Science, Technology and Innovation Policy 2020

The landmark policy draft of National Science, Technology & Innovation by the Department of Science & Technology was released on 1st of January 2021. India has been witnessing development in the field of science & technology on par with other developing countries and with changes in regulatory frameworks and policies in the last 10-15 years, there has been a rise in R&D (Research and Development) … Continue reading Science, Technology and Innovation Policy 2020