Category Economy and Infrastructure

Credit Guarantee Scheme for e-NWR Based Pledge Financing (CGS-NPF), 2025

Credit Guarantee Scheme for e-NWR Based Pledge Financing (CGS-NPF), 2025

India’s agricultural sector is the backbone of the national economy. In FY 2023-24, it contributed 17.7% to the country’s Gross Value Added (GVA) and employed nearly half the nation’s working population.
Despite having such a large contribution to the economy, Indian farmers continue to struggle, particularly after the harvest season. Unpredictable monsoons, changing market prices, and limited access to institutional credit often leave them with little choice but to sell their produce quickly, even at low prices.
In order to overcome these challenges, the Government of India launched the Credit Guarantee Scheme for e-NWR Based Pledge Financing (CGS-NPF) on 16 December 2024. Budgeted at ₹1,000 crore, this Central Sector Scheme is managed by the Department of Food and Public Distribution (DFPD). It is set to operate from FY 2024-25 until the end of the 16th Finance Commission cycle in 2030-31.

Government e-Marketplace (GeM), 2016

Government e-Marketplace (GeM), 2016

Policy UpdateBavleen Background The Government e‑Marketplace (GeM) portal is India’s flagship digital platform for government procurement of goods and services, launched on 9 August 2016 by the Ministry of Commerce & Industry (MoCI) to drive greater efficiency, transparency, and inclusiveness in…

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Future-Ready Cities: Could Diplomacy Drive India’s Urban Infrastructure Transformation?

In an era of rapid urbanization, India’s cities stand on the cusp of transformation. From revamping water systems to building smarter mobility networks, the nation needs robust infrastructure guided by forward-looking public policy. India’s cities are at a critical juncture. With rapid urbanization expected to push nearly 600 million Indians into cities by 2036 (NITI Aayog, 2023), the need for sustainable infrastructure has never been more urgent.

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Pathway to Progress: North East Special Infrastructure Development Scheme (NESIDS) 2017

When India speaks of inclusive development, the Northeast often features at the center of the conversation, a region of not only picturesque beauty and rich diversity but also persistent infrastructure gaps. In 2017, recognizing that existing central schemes were not fully bridging these gaps, the Government of India launched the North East Special Infrastructure Development Scheme (NESIDS) under the Ministry of Development of North Eastern Region (MDONER).

US

Why trade barriers won’t bring back U.S. industrial power

Changes in America’s economic structure, coupled with its global dominance in the services sector, explain why manufacturing now occupies only a modest share of the nation’s GDP

The latest installment of the Make-America-Great-Again (MAGA) assault on globalised economic growth takes the form of an import duty of 100% on a segment of pharmaceuticals.

Modified Special Incentive Package Scheme (M-SIPS) - 2012

Modified Special Incentive Package Scheme (M-SIPS) – 2012

Modified Special Incentive Package Scheme (M-SIPS) started in July 2012 as a three-year scheme addressing India’s growing import dependency. In 2015, it underwent its first major revision, extending the program to 2020, adding 15 verticals, and simplifying approval processes to encourage faster investment. By 2017, strategic amendments further expedited procedures and extended deadlines to the end of 2018. Applications closed in December 2018, but implementation continues. In 2020, the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) was launched as a successor, focusing on incentivizing component manufacturing with 25% capital expenditure support.

manufacturing

India-Vietnam Electronics Manufacturing Partnerships, 2025

Electronics has become one of the most important sectors of the 21st century, powering industries from IT to consumer goods and energy transitions. For India and Vietnam, two of the fastest growing economies in Asia, electronics manufacturing is not just about exports but about higher income, jobs and global competitiveness.

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