Insights, a blog published by IMPRI.
India’s Production Linked Incentive (PLI) scheme, launched in 2020 with high expectations, aimed to provide a subsidy of Rs 1.9 lakh crore over six years. However, as of March 2023, only Rs 3,400 crore in claims have been received and Rs 2,900 crore disbursed. The scheme had, therefore, experienced a significant shortfall.
Given Beijing’s constant disregard for the sovereignty and sovereign rights of its regional neighbours, along with its growing disapproval of the established rules-based order, the makings of a new security arrangement seem to have emerged on the sidelines of the Shangri La Forum in Singapore early this month to address these very challenges.
As Gujarat CM, Modi had been a vehement critic of Indo-US nuclear deal, the basis of current shared geopolitical interests between the nations.
Recently, I happened to attend the 6th Indian Ocean conference ,2023 in Dhaka which was organized by the India Foundation in collaboration with Ministry of External Affairs of India and Ministry of Foreign Affairs of Bangladesh among others.
Ukraine’s president, Volodymyr Zelensky, made it clear recently that the much-awaited counter-offensive of his nation against Russia has begun. With this, the war in Ukraine has entered a new phase: some are anticipating a dangerous escalation while others view this as an opportunity to start a negotiating process to bring some sort of conclusion to the conflict.
The desired response from the RBI in an environment of falling inflation and a declining dollar index is to slash rates, not hold them steady
For New Delhi, the costs of overdependence on a single nation for defence requirements are obvious with a recalibration likely to produce new defence engagement