-Business Standard Dept in advanced inter-ministerial talks; schemes for bicycles, footwear to follow The industry department is in the advanced stage of inter-ministerial consultation for launching a production-linked incentive (PLI) scheme for both traditional and mechanical toys worth Rs 3,500 crore, which will be followed by PLI schemes for bicycles and footwear. “Discussions for PLI for toys are at an advanced stage. PLIs for bicycles and footwear are also under formulation,” a government...
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How EVs can drive energy security -Himani Jain and Vaibhav Pratap Singh
-The Hindu Business Line Limited charging infrastructure, lack of interoperability services and inadequate access to affordable finance must be addressed Russia’s war on Ukraine has had a devastating impact on the global economy. It has triggered an unprecedented energy crisis as prices of commodities such as coal, natural gas and crude oil have skyrocketed. With oil above $100 a barrel, policymakers in the country are faced with two questions: How to keep...
More »Learning loss a tragedy, but no mention in Union Budget: Raghuram Rajan -Ranjitha Gunasekaran
-The New Indian Express He said that instead of spending on the PLI schemes, the Centre should invest in filling the gaps in our education system, strengthening higher education, skilling, research, and development. Former Governor of Reserve Bank of India, Raghuram Rajan has expressed concern over lack of focus on the learning loss caused due to Covid-19 among school children in the Union Budget, while a significant amount of money was allocated...
More »MSMEs: Engines of growth for new India -M Srikanth and KG Suresh
-The Hindu Business Line From easing access to credit to leveraging the PLI scheme, MSMEs can tap into a range of policy initiatives In November 2021 the government announced the Special Credit Linked Capital Subsidy Scheme for the MSMEs (Micro Small and Medium Enterprises) in the services sector. The scheme has a provision of 25 per cent capital subsidy for procurement of service equipment through institutional credit to the SMEs for advancement...
More »A long road for migrant workers -Aagam Jain
-The Hindu The guidelines laid down by the Supreme Court are welcome, but they require robust systems. The Supreme Court on June 29 pronounced its judgment in the migrant labourers case. The case was initiated last year after the national lockdown was announced on March 24. Thousands of landless labourers had started walking towards their home States due to the loss of employment and income. The Supreme Court took cognisance of the...
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