Category Center for the Study for Finance and Economics

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Tamil Nadu FinTech Policy (2021): Strengthening Tamil Nadu’s FinTech Ecosystem and Financial Innovation

The Tamil Nadu FinTech Policy 2021 is the state government's dedicated framework to position Tamil Nadu as a leading national and global hub for financial technology. It was formally released by Chief Minister M.K. Stalin at the Tamil Nadu Investment Conclave 2021 in Coimbatore on November 23, 2021, under the Industries Department (Government of Tamil Nadu, 2021; STPI Chennai, 2021). The policy builds on Chennai's long-standing credentials as a financial centre, the city was home to the Madras Bank in 1682 (later merged into SBI), India's first cooperative bank in 1906, and the country's first private mutual fund in 1993, and it was designed to convert that historical advantage into a modern, technology-driven financial services ecosystem (Government of Tamil Nadu, 2021).

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Why India must measure its Gulf Remittance Risk 

Every month, millions of Indian workers in the Gulf send part of their wages home to their families. Each transfer is a private choice made by one household. Added together, they form one of the most significant financial relationships India has with any region. In 2023-24 India received a record $118.7 billion in inward remittances, and the six Gulf Cooperation Council (GCC) countries sent about 38% of it. Around half of all Indian migrants abroad live in the GCC, and between 2010-11 and 2023-24 remittances paid for roughly 42% of India's merchandise trade deficit in a typical year (Reserve Bank of India, 2025). Even so, policy debate usually treats this money as a statistic to report rather than a dependency to manage.

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National Single Window System(2021) : One-Stop Solution for Business Clearances by Department for Promotion of Industry and Internal Trade

The National Single Window System (NSWS) was launched in September 2021 by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, as a digital platform to streamline business approvals and facilitate investment in India.  The initiative addresses the long-standing challenge of regulatory fragmentation, where businesses previously had to navigate multiple portals and departments to obtain the necessary clearances for establishing and operating enterprises.

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Policy Update: Boosting Manufacturing GDP: Analyzing the Impact of PLI Schemes in 2026 and Beyond

The Production Linked Incentive (PLI) Scheme stands as the foundational cornerstone of the Government of India’s campaign to accelerate Atmanirbhar Bharat (Self-Reliant India). Launched in 2020 as a core pillar of the initial economic response strategy, the framework was conceptualized and shaped by NITI Aayog in close coordination with the Department for Promotion of Industry and Internal Trade (DPIIT) before individual sectors were handed over to their respective line ministries for implementation. Deployed with an initial comprehensive outlay of ₹1.91 lakh crore (over $26 billion), the overarching policy objective is to structurally scale up India’s industrial architecture, enhance export competitiveness, and integrate domestic manufacturers into global value chains (GVCs).

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Andaman & Nicobar Islands Departmental Schemes Update 2026

Home to an aboriginal world of flora, fauna and tribal population, Andaman and Nicobar Islands serve as a Union Territory to the Indian administration. It houses an estimated population of 4,34,192 people across 836 islets/islands/rocky outcrops with a total area of 8,249 sq. kms (Andaman and Nicobar Administration, n.d.).

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Green GDP and India’s National Green Hydrogen Mission: Assessing the Roadmap to 2030

Traditional economic growth metrics have long faced criticism for overlooking environmental externalities, resource depletion, and ecological degradation. In India, the conventional Gross Domestic Product (GDP) framework captures financial transactions but treats the consumption of finite natural capital as income rather than capital depreciation. To bridge this gap, the concept of Green GDP has emerged—adjusting traditional national output by subtracting the monetary costs of environmental damage and depletion of natural assets.

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Bihar Industrial Investment Promotion Policy(2016): Assessing Investment, Implementation and Policy Outcomes

Industrial Context of Bihar Before 2016

Bihar Industrial Investment Promotion Policy (BIIPP), 2016 emerged from the need to increase the role of industry in Bihar's economic development. The original policy described Bihar as primarily agrarian while arguing that a stronger secondary sector was necessary for inclusive economic development. The policy document recorded that Bihar's GSDP at constant prices had grown by an average of 10.5 per cent annually between 2005–06 and 2014–15, but industrialisation remained an important policy concern. It identified Bihar's location near the markets of eastern and northern India, access to ports such as Kolkata and Haldia, agricultural resources and availability of labour as potential advantages for industrial development.

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