Notes and Study material for Exams
Industrial Policy of himachal pradesh In order to turn the educated youth from job seekers to job creator and in order to give support to the ‘Startup’ and ‘innovative projects’ in the state and to provide skills to the youth and potential investors to develop Entrepreneurship “Chief Minister’s Startup/Innovation Projects/New Industries Scheme” has been formulated. … Read more
ZED Scheme: Transforming MSMEs into Manufacturing Champions The Indian manufacturing sector, the backbone of the nation’s economy, is undergoing a significant transformation. At the heart of this change lies a crucial initiative – the Zero Defect Zero Effect (ZED) Scheme. Launched by the Ministry of Micro, Small and Medium Enterprises (MSME) in 2015, the ZED … Read more
What is GST? Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain. The system … Read more
Samarth Scheme: Empowering India’s Textile Sector Introduction India’s textile sector, a cornerstone of the nation’s economy, employs a vast workforce and contributes significantly to the country’s GDP. However, the sector faces numerous challenges, including low productivity, outdated technology, and a lack of skilled manpower. To address these issues and enhance the competitiveness of the Indian … Read more
Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme: Boosting India’s Export Competitiveness Introduction India’s export sector plays a pivotal role in driving economic growth, generating employment, and fostering technological advancements. However, the country faces stiff competition in the global market, often hampered by high input costs and complex tax structures. To address these … Read more
The process of industrial transition divided into: industrial Growth during the 19th century and industrial progress during the 20th century Industrial growth during the 19th century Decline of indigenous industries and the rise of large scale modern industries 1850-55: first Cotton mill, first jute mill and the first coal mine established. Railway also introduced. … Read more
National Technical Textiles Mission (NTTM): Powering India’s Technical Textile Revolution Introduction India, with its vast population and burgeoning economy, is poised to become a global leader in the textile sector. However, the country’s dominance in traditional textiles has not translated into a similar dominance in the rapidly growing technical textiles market. Recognizing this gap, the … Read more
NIRVIK Scheme: Boosting India’s Export Competitiveness India, with its vast population, diverse economy, and burgeoning manufacturing sector, has the potential to be a global export powerhouse. However, several challenges hinder its full potential, including complex export procedures, limited access to finance, and inadequate infrastructure. To address these issues and enhance India’s export competitiveness, the government … Read more
Production Linked Incentive (PLI) Scheme: Spearheading India’s Manufacturing Revolution Introduction India, with its burgeoning population and rapidly growing economy, is poised to become a global manufacturing powerhouse. To achieve this ambitious goal, the government has launched several initiatives, one of the most prominent being the Production Linked Incentive (PLI) Scheme. This scheme, launched in 2020, … Read more
Availability of Skilled Human Resources in India Skilling the youth is the new buzzword in the government, and all the experts agree that it clearly needs a more skilled approach to implement what has been drawn up in a policy paper. It was roughly a year ago the government rejigged the UPA’s Skill India policy … Read more