P.V. Satheesh, founder and Executive Director of the Deccan Development Society passed away on 19 March, 2023. Periyapatna Venkatasubbaiah Satheesh – P.V. Satheesh to friends – was born in Mysore in 1945. He studied mass communication and television production at the Indian Institute of Mass Communication and the Film and Television Institute of India. He joined Doordarshan as a senior producer and worked on programming related to rural development and...
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India’s 20 Largest Profit Generators Are Earning 80% Of the Nation’s Profits - Nandita Rajhansa, Saurabh Mukherjea
A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...
More »Can India’s production incentive scheme transform the economy as the SEZ push did for China? -Siddhant Bajpai
-Scroll.in The Indian government will have to take serious note of the structural problems and bottlenecks to work on improving the production-linked incentive scheme. On December 20, the Indian government approved a Rs 357.17-crore incentive for Foxconn India, under the Production-Linked Incentive scheme for the Large-Scale Electronics Manufacturing sector. According to government think tank Niti Aayog, Foxconn India is the “first global company” approved under the scheme for Mobile phones and to receive...
More »India Approves ₹197 Billion National Green Hydrogen Mission -Gautamee Hazarika
-Mercom India The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore ($2.38 billion). The policy decision is meant to facilitate demand, production, utilization and export of green hydrogen. The largest portion of the outlay, Rs.17,490 crore, has been earmarked for strategic interventions in the transition to green hydrogen. Also called SIGHT, this sub-component envisages financial incentives for the domestic manufacture of electrolyzers and...
More »Mandatory digital attendance for MGNREGA will destroy scheme -Himanshu Nitnaware
-Down to Earth The central government has mandated digitally capturing the attendance of all workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGnregs). Labourers and activist groups have opposed this and pointed out several loopholes in the move. The National Mobile Monitoring System, which came into effect on January 1, 2023, was launched with claims of bringing transparency and eliminating corruption at the ground level. Pilot tests began in May 2021 at...
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