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.
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.
India's journey from Export Processing Zones (EPZs) to Special Economic Zones (SEZs) marked a significant shift in its approach to promoting economic growth and attracting investments. However, over time, the SEZ framework faced challenges and failed to achieve the desired outcomes.
Formed in 1999, during the uproar of the Asian financial crisis, the G20, initially, united financial ministers and central bankers from twenty of the world’s largest established and emerging economies.
Semiconductors are the intermediary component of electrical conductivity between an insulator and a conductor which are widely utilized for all kinds of electronic and mechanical devices. Diodes, transistors, and integrated circuits are merely a few of the electrical devices that use semiconductors in their manufacturing process. Due to their portability, dependability, energy efficiency, and affordability, these gadgets are widely used in today’s world.
Intensive human activities toward development have harmed the earth 's ecosystem. India’s international commitment to Sustainable Development Goals (SDG) aims at the protection of our mother Earth. New innovative technologies are being adopted towards advancement and it is spread across different sectors that include agriculture, as per the Ministry of Statistics and Programme Implementation 2021 the share of agriculture and allied sectors in g ross value added reached 20.2% and India is the 2nd largest producer of agricultural products.
In this essay, the author looks at the dynamics of development in an ever-changing global context. The global context here is the proliferation of global capital flows, which has led to increased economic integration among nations, indirectly resulting in increased inequality across nations, across social groups, and among individuals. While keeping in mind that correlation does not imply causation, the author recognizes the fact that the free market is not the only factor that has aided inequality. Within this understanding of rising inequality, the author addresses the need for government intervention in correcting market failures, by drawing heavily on existing literature on development and public economics. The author traces existing literature on the relationship between inequality and capital income while showing how an increase in the skill premium is also related to higher levels of inequality. Finally, the article outlines a few niche areas which require active policy interventions to better direct the flow of capital in order to aid long-term and sustained development practices.