investment
National Technical Textiles Mission (NTTM): Powering India’s Technical Textile Revolution
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
Production Linked Incentive (PLI) Scheme: Spearheading India’s Manufacturing Revolution
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
PM FME Scheme: Revolutionizing India’s Micro Food Processing Sector
PM FME Scheme: Revolutionizing India’s Micro Food Processing Sector Introduction India’s food processing sector is a vital pillar of the economy, contributing significantly to agricultural growth, employment generation, and food security. However, the sector faces several challenges, particularly in the micro food processing segment. This segment, comprising small and cottage industries, plays a crucial role … Read more
Samarth Scheme: Empowering India’s Textile Sector
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 However, the sector faces numerous challenges, including low productivity, outdated technology, and a lack of skilled manpower.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
Integrated Processing Development Scheme (IPDS): Boosting India’s Food Processing Sector
Integrated Processing Development Scheme (IPDS): Boosting India’s Food Processing Sector Introduction India, with its vast agricultural produce and a burgeoning population, holds immense potential in the food processing sector. However, the sector faces several challenges, including inadequate infrastructure, limited access to technology, and a fragmented supply chain. Recognizing the need for a comprehensive approach to … Read more
International Cooperation and Current Developments
International Cooperation: A Vital Force in a Globalized World The world today is more interconnected than ever before. Global challenges like climate change, pandemics, and economic instability transcend national borders, demanding collective action and cooperation. International cooperation, therefore, is not just a diplomatic nicety but a crucial necessity for addressing these complex issues and ensuring … Read more
Net Factor Income
Unlocking the Power of Net Factor Income: A Comprehensive Guide Net factor income, a crucial component of national income accounting, often remains shrouded in mystery for many. This article aims to shed light on this essential economic concept, exploring its definition, calculation, significance, and its impact on various aspects of economic analysis. Defining Net Factor … Read more