A lot has been written about the China – US trade war that has been going on for the better part of this year. US President Donald Trump announced in his campaign that he would return prosperity to the US Rust Belt that has been “stolen” by China. As a first measure, on January 22,…
According to the SIPRI Year Book 2018, global military expenditure in 2017 stood at USD 1,739 billion. United States of America (USA) remains the largest military spender and exporter of weapons in 2017. Other countries exporting significant volumes of military equipment and systems are Russia, China, Germany and France. These countries account for almost a…
The ninth seminar of the “PIF-YGI Monthly Seminar Series on MSMEs” was held in New Delhi on the 31st July 2018. Ms. Nirupama Soundararajan, Senior Fellow, Pahle India Foundation, made the introductory remark at the session. The panellists at the seminar included Shri Manu Kapur, President and CEO, Home Textiles, GHCL, Shri Saravanan P., Founder,…
Washington Consensus promoted the view that the operation of the free market and the reduction of state intervention were crucial for development in the global South. It is of the view that developing countries should adopt market-led development strategies (such as free flow of goods, services, labour and capital) that trickle down to the benefit…
In India, liquor falls under List II or the State List in the Seventh Schedule to the Constitution of India. In other words,anything pertaining to production, manufacture, transport, sale or purchase of liquor falls under purview of state administration. The control and regulation exercised by the states on liquor production and supply makes an interesting…
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The Defence Production Policy (DPrP) 2011 was issued by the Department of Defence Production (DDP), Ministry of Defence (MoD). It outlines the framework within which domestic industries are expected to pursue indigenous design and manufacture of defence equipment.The policy recognises Micro, Small andMedium Enterprises (MSMEs) as an integralpart of the defence production supply chains. As…
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Data released by Ministry of Commerce shows a worsening of India’s trade deficit by almost 45%, rising from USD 106.2 billion in FY 17 to USD 156.83 billion in FY 18. While imports during the fiscal grew at around 19.59%, exports showed a muted growth rate of less than 10%. This slowdown in India’s foreign…
The eighth seminar of the “PIF-YGI Monthly Seminar Series on MSMEs” was held in New Delhi on the 19th April 2018. Ms Gunja Kapoor, Associate Fellow, Pahle India Foundation made the introductory remark at the session. The panellists at the seminar included Shri Sudhir Garg, Joint Secretary, Development Commissioner, Ministry of Micro, Small & Medium…
The Finance Resolution and Deposit Insurance (FRDI) bill was introduced in Parliament during theBudget Session of 2017 and has been due to be passed since then. The work of establishing a framework for financial resolution and deposit insurance started with the Financial Sector Legislative Reforms Committee (FSLRC) report which came out in 2013, but progress…