India emerged as a net importer of edible oil, with around 57 percent of the total edible oil requirement being met through imports from various countries. To cut down this import dependence and attain self-sufficiency, the Union Cabinet, on August 18, 2021, gave its approval to the launching of the National Mission on Edible Oils Oil Palm.
The India–UK FTA is equally packed with opportunities to transform the services sector, which forms the backbone of the Indian economy. In addressing issues of mobility, regulatory recognition, and digital trade, the agreement can foster competitiveness, create jobs, and spur innovation. But an equilibrium between liberalization and capacity-building in domestic areas is still essential to be attained. If implemented, the FTA would be a model services-driven free trade agreement that strengthens India's position in the world services value chain and further consolidates its strategic engagement with the UK.
For a long time, India’s financial system was dominated by traders, middlemen, and brokers who relied on old-school methods to track transactions.
Policy UpdateBavleen Background In February 2022, India and the United Arab Emirates signed the Comprehensive Economic Partnership Agreement (CEPA), which took effect on May 1, 2022. This marked India’s first trade agreement with a West Asian country and demonstrated the…
Securing advances from banks and monetary institutions remains one of the most critical obstacles for business people from Scheduled Caste (SC) foundations in India. In spite of the presentation of numerous government activities pointed at cultivating comprehensive financial development, numerous SC commerce proprietors still confront challenges when attempting to access formal credit. Key obstructions incorporate deficiently collateral, restricted credit history, and determined social predispositions.
India and Thailand have a long history of connections grounded in culture, spirituality, and trade, especially through Buddhism and traditional practices. Recently, these ties have evolved with the rise of wellness diplomacy, particularly in Ayurveda and yoga. For India, Ayurveda represents balance, prevention, and holistic healing. Thailand, known for its spas and medical tourism, has welcomed Ayurveda as a natural addition to its traditional healing practices. Together, both countries are blending heritage with modern wellness trends, addressing global interest in natural, preventive healthcare.
Policy UpdateAsmeet Kaur The Targeted Public Distribution System is India’s largest initiative, drafted to provide essential food grains at subsidized prices to the most vulnerable section of society. The government of India launched it in June 1997 to replace the…