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Blue Bonds

In News Recently, markets regulator Securities and Exchange Board of India (SEBI) has proposed the concept of blue bonds as a mode of sustainable finance. About Such securities can be utilised for various blue economy-related activities, including oceanic resource mining and sustainable fishing.  SEBI has suggested strengthening the framework for green bonds by amplifying the […]

India’s Tourism Market

In Context Recently, The report’ titled ‘Outbound Travel and Tourism – An Opportunity Untapped‘ was released by Nangia Andersen LLP in association with FICCI. More about the report & its highlights About: The report highlights the up-and-coming Indian travel market and  It outlines a framework for creating a more value for money experience for Indian […]

Trend on Foreign Direct Investment (FDI) in India

In News India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector. Recent Trend Total FDI Inflows: India received the highest annual FDI inflows of USD 84.835 billion in FY 21-22 overtaking last year’s FDI by USD 2.87 billion.  Top 5 sourcing nations for FDI equity flows into India in […]

Build-operate-transfer (BOT) model

In News  The National Highways Authority of India (NHAI) is set to return to funding through private investments and plans to offer at least two highway upgradation projects to private players using the build-operate-transfer (BOT) model during the current quarter. About Build-operate-transfer (BOT) model It refers to the initial concession by a public entity such […]

Dutch Disease

In Context  Recently the research paper titled “40 years of Dutch Disease literature: lessons for developing countries”, was published by Edouard Mien and Michael Goujon. More about Dutch Disease: Meaning: Dutch Disease in economics refers to a phenomenon wherein a country witnesses uneven growth across sectors due to the discovery of natural resources, especially large […]

Design Linked Incentive (DLI) Scheme

In Context The government will review norms of the Design Linked Incentive (DLI) program which envisages to support 100 companies involved in product design in the semiconductor space as part of a Rs 76,000 crore scheme for developing the electronic chip ecosystem in the country,  About Design Linked Incentive (DLI) Scheme. It was announced in […]

Atal Tunnel

In News Recently, Atal Tunnel received the Indian Building Congress (IBC) ‘Best Infrastructure Project’.  Atal Tunnel It is the longest highway single-tube tunnel above 10,000 feet (3,048 m) in the world and is named after former PM Atal Bihari Vajpayee. It is a 9.02 km long, strategically significant Tunnel that runs under the ‘Rohtang Pass’ […]

Export Promotion Capital Goods (EPCG) scheme

In News Recently ,the Government has relaxed various procedures under the Export Promotion Capital Goods (EPCG) scheme in order to reduce compliance requirements and facilitate ease of doing business. Major Changes  The changes include those related to annual reporting of EO (export obligation) — instead of by April 30 each year, exporters can file that […]

Semicon India Project

In News  Recently, the Ministry of Electronics and Information Technology has formed an advisory committee of experts to carry forward the country’s vision of making India a global leader in semiconductor manufacturing, design and innovation. Advisory Committee About: The Committee is mandated to provide key inputs for building a resilient supply chain, promoting investments, financing […]

India’s First Steel Slag Road

In News  Surat has become the first city in the country to get a processed steel slag (industrial waste) road built as part of a joint-venture project by the CSIR, CRRI, Union Ministry of Steel, NITI Ayog, and ArcelorMittal-Nippon Steel (AM/NS), at Hazira.  About the Road It is a six-lane public road. The construction began […]