Indian Economy

October 31, 2016

Impacts of Globalization on Indian Economy

Globalization is seen as a process defining the growing interdependence between various economies of the world. The term is also used specifically for economic globalisation which stands for aligning regional economies with the global economies through the vehicle of trade,…

May 20, 2016

National Business Register

The Government of India has launched a mammoth enumeration exercise in March 2016 to collect data on all the business enterprise in the country for the National Business Register. Objective of this initiative is to strengthen the assessment of economic…

May 12, 2016

Government Schemes of Ministry of Commerce & Industry

The important schemes of Ministry of Commerce and Industry are as follows:Merchandise Export from India SchemeThe six different schemes of the earlier FTP (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agriculture Infrastructure Incentive Scrip, Vishesh Krishi…

May 11, 2016

Rashtriya Pashudhan Vikas Yojna

Earlier schemes related to Dairy and Livestock have been put together under the umbrella of Rashtriya Pashudhan Vikas Yojna (White Revolution) by the Union Government. This umbrella includes National Diary Plan/National Programme for Dairy Development, Dairy Entrepreneurship, Assistance to Cattle…

May 6, 2016

Hydrocarbon Exploration and Licensing Policy (HELP)

On March 10, 2016 the Hydrocarbon Exploration and Licensing Policy (HELP) was approved by the Union Cabinet. HELP aims to provide for a uniform licensing system and to provide single licensing to cover all hydrocarbons such as oil, gas, coal…

May 6, 2016

National Agriculture Market (NAM)

On April 14 2016, Prime Minister launched National Agriculture Market (NAM) as a pan-India electronic trading portal for farm produce which creates a unified national market for agricultural commodities by integrating the existing Agriculture Produce Market Committee (APMC) markets. This…

May 5, 2016

Real Estate (Regulation and Development) Act, 2016

The UPA government had introduced a Real Estate (Regulation and Development) Bill, 2013 in August, 2013 in the parliament.  The most recent version of this bill was passed in both the houses of parliament in February 2016. The bill has become…

April 17, 2016

National Capital Goods Policy, 2016

The Capital Goods industry is one of the key contributors to value added manufacturing in India. Capital goods include plant machinery, equipment and accessories required for manufacture or production of goods or for rendering services, either directly or indirectly. Currently, the…

December 25, 2015

CMs Panel’s Recommendations on Centrally Sponsored Schemes

The chief minister's sub-group on centrally-sponsored schemes (CSS) has recently recommended that the number of CSS should come down to 30 and flexi-funds can go up to 25 per cent, from the existing 10 per cent. Before going through the…