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[pib] Scheme for Promotion of manufacturing of Electronic Components and Semiconductors (SPECS)

The Union Cabinet has approved Scheme for Promotion of manufacturing of Electronic Components and Semiconductors. About SPECS The scheme aims to offer the financial incentive of 25% of capital expenditure for the manufacturing of goods that constitute the supply chain of electronic products. The scheme will help offset the disability for domestic manufacturing of electronic… Continue reading [pib] Scheme for Promotion of manufacturing of Electronic Components and Semiconductors (SPECS)

[pib] Defence Procurement Procedure, 2020

Raksha Mantri unveiled the draft Defence Procurement Procedure (DPP) 2020 that aims at further increasing indigenous manufacturing and reducing timelines for procurement of defence equipment. Defence Procurement Procedure The draft of DPP 2020 has been prepared by a Review Committee headed by Director General (Acquisition) based on the recommendations of all stakeholders, including private industry.… Continue reading [pib] Defence Procurement Procedure, 2020

[pib] Production Linked Incentive Scheme

The Union Cabinet has approved the Production Incentive Scheme (PLI) for Large Scale Electronics Manufacturing. Production Incentive Scheme (PLI) The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in mobile phone manufacturing and specified electronic components including Assembly, Testing, Marking and Packaging (ATMP) units. The scheme shall extend an incentive… Continue reading [pib] Production Linked Incentive Scheme

Schemes for Electronic Manufacturing

The Union Cabinet has approved financial assistance to the Modified Electronics Manufacturing Clusters (EMC2.0) Scheme Background To build and create requisite infrastructure ecosystem for electronics manufacturing; Ministry of Electronics and Information Technology notified Electronics Manufacturing Clusters (EMC) Scheme which was open for receipt of applications upto October, 2017. A period of 5 years is available… Continue reading Schemes for Electronic Manufacturing

A different fight-back

Context Coronavirus crisis is an opportunity for India to build on domestic technological capabilities in artificial intelligence, big data analytics, life sciences and health technology in the private sector. How a small tech company flagged Covid-19 outbreak? What does it do? A small tech company in Canada — BlueDot — was among first outside China… Continue reading A different fight-back

What is Windrush Scandal?

  The British government has apologised for its treatment of Britons of Caribbean origin, which were wrongly detained or deported for being illegal immigrants, after the publication of a devastating official report. What is the scandal? The Windrush scandal is a 2018 British political scandal concerning people who were wrongly detained, denied legal rights, threatened… Continue reading What is Windrush Scandal?

Breach of trust

Context In bypassing established protocol to seek call details of citizens en masse, the government violates SC guidelines. What is the issue? Departure from stringent protocol: The Cellular Operators Association of India has reported mass requests from the government for mobile call detail records (CDRs). Which is a serious departure from the stringent protocol established… Continue reading Breach of trust

What are Supplementary Grants?

Supplementary Grants Lok Sabha recently held voting on supplementary demands for grants for Jammu and Kashmir and passed the proposals on voice vote. What are Supplementary Grants? The additional grant required to meet the required expenditure of the government is called Supplementary Grants. When grants, authorised by the Parliament, fall short of the required expenditure,… Continue reading What are Supplementary Grants?

Danube-Oder-Elbe Canal

  Environmental organisations from across central and Eastern Europe have criticised a major project intending to link three rivers and provide seamless navigation between three of Europe’s peripheral seas, according to a statement. Danube-Oder-Elbe Canal For centuries Europe’s rulers have dreamed of construction of a huge Y-shaped canal connecting the Elbe, Oder and Danube rivers,… Continue reading Danube-Oder-Elbe Canal

Count work, not workers

Context India is one of the few countries in the world where women’s work participation rates have fallen sharply — from 29 per cent in 2004-5 to 22 per cent in 2011-12 and to 17 per cent in 2017-18. What could be the possible explanations for the decline? No consensus among economists: Trying to explain… Continue reading Count work, not workers

Speaker vs Governor Tussle

With the Supreme Court set to hear on a plea seeking a directive to the government in Madhya Pradesh to take a floor test “within 12 hours”, the spotlight is back on the legal debate on the powers of the Governor and the Speaker under the Constitution. Primacy to Floor Test Since 2014, the legal-political… Continue reading Speaker vs Governor Tussle

Short Selling of Stocks

The stock exchanges have clarified that the Securities and Exchange Board of India (SEBI) was not considering any proposal regarding a ban on short selling to curb the ongoing volatility and equity sell-off. What is Short Selling? Short-selling allows investors to profit from stocks or other securities when they go down in value. In order… Continue reading Short Selling of Stocks

What is Herd Immunity?

As Europe was declared the epicentre of the novel coronavirus outbreak last week, Britain announced a different strategy to tackle the situation. Officials said that Britain would contain the spread of the virus but would not suppress it completely to build up a degree of ‘herd immunity’. Herd Immunity Herd immunity is when a large… Continue reading What is Herd Immunity?

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