There has been an increased focus on the electronics manufacturing sector in India in the past few years. The size of the electronics manufacturing sector has more than...
Recently, the Union Minister for Finance & Corporate Affairs has approved the final Sovereign Green Bonds Framework of India. Sovereign Green Bonds will be issued for mobilizing resources...
Hint: Industrial policy 1948 asked state to invest only in sectors which were totally unoccupied or occupied inadequately by private sector. Thus, Industrial policy 1948 gave space to...
Ultra Mega Power Project (UMPP) is a series of ambitious power stations planned by the Government of India, each with capacity of 4000MW or above, with an aim Power for...
Hint: Socialist economy is an economy where major industries are controlled by State or government but, Industrial policy 1948 emphasized the government investment in sectors which were totally...
Hint: As transportation sector accounts for second largest emissions of carbon dioxide globally, governments, climate change activists proposed for “National Electric Mobility Mission Plan”, which aims to achieve...
Reservation and de-reservation of the products for particular sector is done under the Industries (Development& Regulation) Act, 1951.Furthermore, the government kept abolishing the reservation of all items and...
Globalisation refers to the process of closer integration of countries across the world and free flow of goods, information and people such that it presents inter-connectedness, with events...
Hint: Industrial licensing policy 1956 was abolished in 1991.The compulsion for obtaining prior approval for setting up a industrial unit were left to only to few industries. Currently...
India has an energy mix that is heavily tilted towards fossil fuels. Owing to the threat of climate change and international obligations, India is moving towards renewable energy....