Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-the-steel-sector-a-shot-in-the-arm/article36267546.ece Interested industry players have an opportunity to seek coverage or an increase in incentive percentage under the Scheme India Inc. is increasingly recognised
Category: EXIM
PLI playbook good, but Make in India needs more – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pli-playbook-good-but-make-in-india-needs-more/2322953/ High-tech manufacturing strategy should be rolled out; govt must weigh the benefits of the PLI against the outlays For an additional investment of
FM Nirmala Sitharaman launches new fund for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-nirmala-sitharaman-launches-new-fund-for-msmes/articleshow/85521867.cmsSynopsis The fund, co-sponsored by Exim Bank and Sidbi, was formed as per a 2020 union budget announcement but its launch was delayed due
Growth needs steps beyond reforms – The Hindu
Clipped from: https://www.thehindu.com/opinion/lead/growth-needs-steps-beyond-reforms/article35903267.ece While the reform agenda must continue, social cohesion and equity considerations must be guaranteed The Indian economy has travelled through an eventful period
For a more holistic scrappage policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-a-more-holistic-scrappage-policy/articleshow/85312070.cmsSynopsis A vehicle scrappage policy that looks only at the automobile sector for its impact is not particularly useful. An automobile scrappage policy is welcome, in
Special steel PLI scheme to help India enter high-quality value chain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/special-steel-pli-scheme-to-help-india-enter-high-quality-value-chain/articleshow/85313586.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis An outlay of Rs 6,322 crore has been planned to boost domestic steel manufacturing of ‘specialty steel’ and attract significant investments. Ram Chandra
Advantage MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/advantage-msmes/article35841860.ece Pharma PLI rule tweak favours incumbents To promote industrial growth, the government, supporting ‘Atmanirbhar Bharat’ and ‘Make in India’, has come up with
High cost of containers to impact India’s exports: TPCI – The Financial Express
Clipped from: https://www.financialexpress.com/economy/high-cost-of-containers-to-impact-indias-exports-tpci/2307929/ It said that new records have been hit in container freight spot rates of all carriers and further rise is expected this month.
Tata group is looking to enter semiconductor manufacturing: Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-group-is-looking-to-enter-semiconductor-manufacturing-chandrasekaran-121081000066_1.html Tata group chairman’s remarks come at a time when automobile makers across the world are facing a severe shortage of semiconductors, hitting their
Build an indigenous semiconductor base – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/build-an-indigenous-semiconductor-base/articleshow/85188103.cmsSynopsis Today, America and China are locked in a battle over microelectronics. The US wants to slow down, if not choke off, China’s access
Govt must ask exporters how diplomats can help | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-ask-exporters-how-diplomats-can-help-121080900014_1.html The External Affairs Ministry and the Commerce Ministry should interact with the exporters and find out what they actually need from our diplomats
PLI scheme for specialty steel a game changer, to boost domestic output: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/pli-scheme-for-specialty-steel-a-game-changer-to-boost-domestic-output-govt/articleshow/85146289.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On the issues being faced by the domestic steel sector, Minister of State for Steel Kulaste told PTI, “The challenge is to develop
Sidbi: SIDBI launches Swavalamban Challenge Fund to promote entrepreneurship – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/sidbi-launches-swavalamban-challenge-fund-to-promote-entrepreneurship/articleshow/85093495.cmsSynopsis A challenge fund is a fund support mechanism to allocate funds for specific purposes using competition among organisations. Small Industries Development Bank of
PM Narendra Modi unveils strategy to boost exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pm-narendra-modi-unveils-strategy-to-boost-exports-121080601758_1.html Interacting with Heads of Indian Missions abroad and stakeholders of trade and commerce virtually, Modi pointed out four factors that are very important
PM suggests 4-point strategy to achieve $400-b exports in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pm-suggests-4-point-strategy-to-achieve-400-b-exports-in-fy22/article35775121.ece?homepage=true Rues that export basket remains limited to a few goods, destinations Prime Minister Narendra Modi today listed four factors to boost exports and
PLI scheme for Atmanirbhar Bharat: An elusive Philosopher’s Stone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-atmanirbhar-bharat-an-elusive-philosophers-stone/article35716071.ece For a self-reliant India, one needs generic policies that will enhance overall competitiveness. One needs to adopt modern chemistry The process of converting
global trade: India wants to expand its share in global trade, but its exports basket is outdated – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-wants-to-expand-its-share-in-global-trade-but-its-exports-basket-is-outdated/articleshow/84994545.cms SynopsisFor a country that has a contribution of less than 5% in global trade, India’s dreams of achieving a $1-trillion exports target by
Post-Covid growth strategy: For economic revival, public investment and exports will have to do the heavy lifting
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/post-covid-growth-strategy-for-economic-revival-public-investment-and-exports-will-have-to-do-the-heavy-lifting/ Three decades after the 1991 reforms, India’s growth imperative remains every bit as urgent, to help recover lost jobs, ameliorate scarred incomes and
Getting real about REER and exports – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/getting-real-about-reer-and-exports/2302036/ While a depreciating rupee helps boost India’s export competitiveness, rising inflation threatens to undermine it During the same period, the rupee has fallen
Stiff target: New Foreign Trade Policy aims for exports of $1 trillion by FY26 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/stiff-target-new-foreign-trade-policy-aims-for-exports-of-1-trillion-by-fy26/2301970/ To achieve the ambitious goal, exports must grow 15% CAGR, against barely 5% in the five years through FY20 This will warrant a