The Union Cabinet has approved the National Policy on Electronics (NPE) for the Electronics System Design and Manufacturing (ESDM) sector in India. The aim of the policy is the make India a global hub for ESDM by creating an enabling environment for the industry.
As President Donald Trump showed the intention of the United States to withdraw the Generalised System of Preferences, popularly referred to as GSP, from India, IAS EXPRESS takes a look at the programme, its benefits and what it means now that it may be revoked.
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The ambitious Pradhan Mantri Sahaj Bijli Har Ghar Yojana, better known as “Saubhagya” scheme, for universal household electrification is all set to achieve its goal soon with only about 28,000 households left to be electrified all over the country. On the other hand, criticisms have been pouring across the country regarding the scheme’s inability to solve some of the grey areas in the power sector.
National Bio-fuel Policy – 2018 seems to be chasing ambitious targets based on unclear plans and questionable technologies. Moreover, the pollution levels and fuel prices are only rising and our biofuels programme is becoming irrelevant because of the lack of effective implementation.
India’s participation in the mega-trade agreement, Regional Comprehensive Economic Partnership (RCEP) has long been debated and sentiments around the subject are quite divided and divergent. Critics warned that India must exercise caution before signing RCEP which goes far beyond trade liberalisation to impose a common set of rules on investment and IPRs.
Recently, the Ministry of Commerce & Industry reviewed and amended the Foreign Direct Investment (FDI) Policy in e-commerce in order to ensure a level playing field between offline and online sectors. E-commerce firms are needed to comply with the new guidelines by February 1, 2019.