India’s merchandise exports were at their highest level ever recorded; the growth in each segment was widespread and included almost all segments of the economy. However, the trade deficit widened by $3.7 billion over last year’s figure of $6.8 billion to reach $10.5 billion.
In light of the India-UK Vision 2035 and the pivotal role of critical technologies in the evolving global order, the Technology Security Initiative (TSI) was launched on 24 July 2024 as a bilateral strategic initiative between India and the United Kingdom. The initiative was officially launched by UK Foreign Secretary David Lammy during his visit to India on behalf of the UK Prime Minister.
In modern times, Air defence has emerged as an important part of the national security of India. Air defence is no longer just about keeping enemy aircraft out of the airspace but has grown in scope in the wake of the evolution of warfare and the widespread adoption of modern missile systems, drone warfare, electronic warfare and cyber warfare.
Agriculture remains the prime pulse of the Indian economy, forming the foundation of India's socio-economic development. The Agriculture and Allied Sector accounts for around 18% of the total Gross Value Added (GVA) [as per the new GDP series with the base year 2022-23] and employs ~ 46% of the workforce.
Policy UpdateTanvi Nerurkar Introduction India’s rapid urbanisation is reshaping its economy and governance landscape. According to the 2011 Census, around 31% of the population lived in urban areas, contributing over 60% of the country’s GDP. NITI Aayog (2021) and the…
Policy UpdateTanvi Nerurkar Introduction Nearly a decade after the Ministry of Housing and Urban Affairs (MoHUA) introduced the Value Capture Finance (VCF) Policy Framework in 2017, the central policy question has shifted from the theoretical viability of land value capture…
Recognising that efficient energy use and conservation are the most cost-effective ways to meet India's growing energy demand, the Government of India enacted the Energy Conservation Act, 2001. Under the provisions of this Act, the Bureau of Energy Efficiency (BEE) was established on 1 March 2002 under the Ministry of Power. The Bureau is headquartered in New Delhi and extends across India.