The genesis of India’s indigenous satellite navigation system, NavIC, is not merely a tale of technological ambition but a profound declaration of national strategic autonomy. The necessity for an independent regional constellation arose from critical vulnerabilities inherent in relying on foreign-controlled Global Navigation Satellite Systems (GNSS), primarily the US-operated Global Positioning System (GPS). The Inviolable…
Introduction Industrial corridors are strategically planned zones aimed at promoting industrial development, improving connectivity, and fostering economic growth in a region. They are usually long stretches of infrastructure development that include transportation networks, industrial clusters, logistics hubs, and urban settlements. India, as one of the fastest-growing economies in the world, has recognized the need to…
Introduction Agro-based food processing industries play a pivotal role in adding value to agricultural produce, reducing post-harvest losses, generating employment, and contributing to regional economic growth. India’s north-west region, encompassing Punjab, Haryana, Rajasthan, and western Uttar Pradesh, is often referred to as the “Granary of India” due to its high agricultural productivity. The localization of…
Introduction Employment generation remains a central concern for India’s economic growth. Despite rapid GDP growth, India faces challenges of unemployment, underemployment, and regional economic disparities. According to the Periodic Labour Force Survey (PLFS) 2021–22, the unemployment rate in India was around 7–8%, with rural areas facing disguised unemployment in agriculture and urban areas struggling with…
Introduction India, one of the fastest-growing economies in the world, has long aspired to become a global manufacturing hub. With its large workforce, growing domestic market, and favorable geographical location, the country has immense potential to strengthen its industrial base. To realize this potential, the Government of India launched the “Make in India” initiative on…
Introduction India, the world’s fifth-largest economy, has embarked on an ambitious journey to become a $5 trillion economy by the mid-2020s. This goal, set by the Government of India, reflects the nation’s aspiration to accelerate economic growth, enhance global competitiveness, and improve living standards for its citizens. Achieving this target requires sustained efforts across multiple…
Introduction India’s economic growth story since the 1990s has been marked by robust GDP expansion. However, a striking paradox has emerged in recent years—despite steady or even high economic growth, employment generation has not kept pace. This phenomenon, commonly referred to as jobless growth, is one of the most pressing challenges facing the Indian economy…
Introduction India’s economic ambition to become a global manufacturing hub received a major policy push with the introduction of the Production Linked Incentive (PLI) Scheme. Launched in 2020, the PLI scheme marks a structural shift in India’s industrial policy—moving away from input subsidies and tariff protection toward performance-based incentives linked directly to output. The scheme…
4o mini Introduction The Make in India initiative, launched in 2014 by Prime Minister Narendra Modi, aimed to transform India into a global manufacturing hub. With an emphasis on promoting domestic manufacturing and boosting employment, it sought to attract foreign investment, foster innovation, and build a self-reliant economy. The campaign encouraged global companies to set…
Introduction India embarked on a new economic trajectory in 1991 with the adoption of liberalization, privatization, and globalization (LPG) reforms. These reforms marked a structural shift from a predominantly state-controlled economy to a more market-oriented system. The intent was to boost growth, attract foreign investment, improve efficiency, and integrate India with the global economy. Over…