Indian Economy

What is the production linked incentive scheme (PLI) for electronics?- Explained

3 Comments / Economyria Explainer, Indian Economy / By

The Government had announced Production Linked Initiative schemes for two sectors namely electronics and pharmaceuticals to attract investments and promote domestic manufacturing. These sectors were identified because of India’s core competency in these segments and their potential for growth and exports. [You may also read: Impact of COVID on pharmaceutical in India] The Government has …

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How NEP 2020 deals with the private school conundrum?

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Introduction Amidst a lot of excitement, our Education Minister released the New Education Policy 2020 on July 29th. This 66-page revolutionary document seeks to undo the damage caused to our education system over the years through disastrous policies. It looks at various ways to revive India’s ailing school system through concerted and targeted measures that …

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The Government has no money to pay states their GST share

1 Comment / Economyria Explainer, Indian Economy / By

What’s the issue? The Central Government hasn’t paid the states their share of GST revenues. Apparently, the Union Finance secretory told the Parliamentary panel on finance ministry that “the central government is in no position to pay the share of the states” Though, the Government cleared the pending dues (of Rs 13,806 crore) for 2019-20 …

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What is Quad? And will Australia join the Malabar exercise?

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The Quad or Quadrilateral security dialogue is an informal strategic group that includes four maritime democracies in the Indo-Pacific region- India, Australia, the US, and Japan. It seeks to increase cooperation and coordination amongst the member countries to preserve a “free and open” Indo-Pacific region This grouping was initiated by Japan in the year 2007. …

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Foreign Currency Exchange Markets and Their Risks Explained

2 Comments / Economics, Economyria Explainer, Indian Economy, World Economy / By

The inner workings of foreign currency exchange (FX or forex) markets are extremely complicated. That’s because they are affected by a wealth of micro and macroeconomic factors. It’s because of this dependency that the COVID-19 pandemic has caused an extreme rise in volatility in the global FX market. As a result, this affected every economy …

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Shape of India’s economic recovery- U, V, W, L, Z, or swoosh?

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Early in the crisis, many analysts talked of a V-shaped recovery. Now, it is becoming increasingly clear that we’ll be in a prolonged slowdown. The economic recovery trajectory after a recession, when plotted in a graph assumes different shapes. These shapes (GDP plotted in a graph) are denoted using different alphabets or shapes that they …

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