Insights, a blog published by IMPRI.
Chairing the second National Conference of Chief Secretaries in Delhi on the 6th and 7th of January 2023, Prime Minister Narendra Modi announced the launch of the Aspirational Block Programme throughout India. With a special emphasis on the "India-First Approach", the programme aims at developing the most backward blocks of the country identified based on a variety of factors as recognised by NITI Aayog.
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The online gaming industry has been growing exponentially in the past few years. The main reason was the emergence of COVID-19, which forced many people to resort to online gaming for relieving stress. Moreover, smartphone affordability, low cost-high speed internet and easy access have further contributed to the spike. Out of all Asian countries, India is growing rapidly to be amongst the major contributors to this industry, providing a source of income to many. However, just like every coin has two sides, the online gaming industry is also not void of its negatives.
It is not unusual for construction workers excavating sites to stumble on ruins or even dinosaur fossils in certain parts of the world. In India, excavation of construction sites is likely to throw up the bones of infrastructure companies and non-banking finance companies (NBFCs) that financed them, which were nearly driven to extinction during the pandemic.
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.