Page 2 - Policy

Rajasthan govt plans to bring an investor-friendly industrial policy soon

The new policy will aim to set up theme-based industrial parks and hassle-free goods transportation

Developing heritage has special place in Viksit Bharat agenda: PM Modi

Prime Minister Narendra Modi Sunday said a coordinated and strong effort by governments at the Centre and in states will ensure the goal of 'Viksit Bharat' is attained. Both developing heritage and building a legacy of development have a special place in the idea of 'Viksit Bharat', Modi said, according to senior party leader Vinay Sahasrabuddhe. The prime minister was addressing the 13 chief ministers and 15 deputy chief ministers from the BJP-ruled states on the second day of their two-day meeting -- 'mukhyamantri parishad' -- here. Modi spoke at length about his government's agenda of making India a USD 5 trillion economy and stressed the importance of public participation in welfare measures. Sahasrabuddhe, who coordinates the party's 'good governance' exercise, said the prime minister also emphasised on using social media to ensure maximum reach of government schemes targeting different groups. Senior BJP leaders, including Union ministers Rajnath Singh, Amit Shah and J P Nad

Govt will come out with new shipbuilding policy soon: Shipping Minister

The industry had shown several concerns about the policy, which are now being deliberated on by the ministry before it unveils the final policy

Rajasthan comes up with new draft township policy, invites suggestions

The draft policy says that in case of a lack of maintenance or development work, the urban body or development authority will be able to sell these reserved plots and get development work done

Baltimore port reopens 11 weeks after Francis Scott Key Bridge collapse

The Baltimore port, one of America's largest shipping hubs, formally reopened on Wednesday, 11 weeks after the Francis Scott Key Bridge collapsed when it was struck by a massive cargo ship mostly manned by Indians. The 2.6-km-long, four-lane Francis Scott Key Bridge over the Patapsco River collapsed on March 26 after the 984-foot ship Dali' crashed into it. The crew onboard the crippled ship included 20 Indians and one Sri Lankan. I made clear that my Administration would move heaven and earth to reopen the Port of Baltimore one of our nation's largest shipping hubs. Today, thanks to the tireless work by the men and women in the Unified Command, the full navigation channel is now open to all vessel traffic, allowing a full return of commerce to the Port of Baltimore, US President Joe Biden said in a statement. Disruptions from the March 26 bridge collapse have cost the Baltimore region's economy about USD 1.2 billion, said Anirban Basu, an economist with Sage Policy Group, a ...

Govt needs to adopt granular approach to support biz: PwC Chairman Krishan

The Modi 3.0 government needs to adopt granular and tailored approach to support small businesses and promote job creations to make the economic growth more inclusive, said PwC in India Chairperson Sanjeev Krishan. Supporting the development of ancillary industries, and sharper focus on urban and rural development projects as part of infrastructure creation should be other priorities of the government, Krishan said. "Prioritising job creation and productivity improvement is crucial for the new government to ensure inclusive growth," he told PTI. He noted that over the past decade, improvements in ease of doing business (EoDB) along with better infrastructure and credit access have removed several obstacles. "What would now be important will be to support job creation/increasing trade in smaller pockets with a granular and tailored approach. Simultaneously, increasing productivity would be equally important. Regulatory support and incentivisation, including PLI schemes, can help dri

Priorities for the next govt

It must deliver on policies required for equitable growth

Space regulator IN-SPACe releases norms, guidelines to implement policy

Space regulator IN-SPACe on Friday unveiled norms, guidelines and procedures for effective implementation of the Indian space policy that opened up the sector to private players to engage in a range of activities from building and launching satellites to setting up ground stations and share remote sensing data. The 147-page document lists out space activities that need authorisation from IN-SPACe, specifies criteria for granting such authorisations and provides necessary guidelines/pre-requisites to be fulfilled by an applicant for making an authorisation application. The norms, guidelines and procedures (NGP) will complement the government's endeavour in providing a predictable regulatory regime, transparency and ease of doing business in the Indian space sector. According to the NGP document, any entity, whether Indian or foreign, carrying out space activities from Indian territory, its exclusive economic zone, or within its jurisdiction, needs authorisation from the Indian Nation

HC seeks response of govt to plea against FCRA licence cancellation of CPR

Justice Chandra Dhari Singh issued a notice to the central government and asked them to file a short reply within two weeks

Policy on progression of women army officers to be in place by Mar 31: Govt

The Centre informed the Supreme Court on Monday a detailed policy on career progression of women officers in the Indian Army will be in place by March 31, 2024. A bench headed by Chief Justice D Y Chandrachud took note of the submission of senior advocate R Balasubramanian, appearing for the Centre, and directed that an updated status report be filed on this by April 1. "By March 31, 2024, a detailed policy will be in place on career progression of women officers and command in regular major unit," Balasubramanian told the bench, also comprising Justices J B Pardiwala and Manoj Misra. Senior advocate V Mohana, representing some women officers, said all 225 male officers who were promoted have been granted command position in regular major units. She said out of 108 women officers, only 32 were granted command position in regular units. On December 4 last year, the apex court was told that deliberations were underway to formulate a policy to deal with the issue of career progressio

Export potential

The agricultural sector needs policy intervention

All schemes of previous govt will continue, says Rajasthan CM Sharma

Rajasthan Chief Minister Bhajan Lal Sharma on Monday said none of the welfare schemes launched by the previous Congress government in the state will be discontinued. He was speaking at a function organised by the BJP to mark Good Governance Day on the birth anniversary of former prime minister Atal Bihari Vajpayee. Reacting to the allegations by the Congress that his government would discontinue the public welfare schemes launched by the previous government, Sharma said, "Congress people are saying our work, our schemes... I want to tell you that we will not stop any of the schemes". The chief minister said free medicines will continue to be made available at the government hospitals and the number of essential drugs would also be increased. Vajyapee made schemes for the welfare of the poor and Prime Minister Narendra Modi took the initiative forward, Sharma said. BJP stalwart Vajpayee was born on December 25, 1924, and died on August 16, 2018. Deputy Chief Minister Diya Kumari a

Conflicts and macro threaten India's firewalls

Policy agility, prudence, and resilience will be key for sustained growth in a rapidly changing global landscape

India in 2047

Policy adjustments can enable higher growth

G20 meetings helped placing culture at heart of policymaking: Pralhad Joshi

The G20 working group meetings have progressed from identifying and deliberating on four key priorities to seek consensus on action-oriented recommendations that would be a significant step in placing culture at the heart of policymaking, Union minister Pralhad Joshi said on Monday. Welcoming delegates at the G20 working group meeting that began here on Sunday, Joshi said the grouping strives to build consensus on the ministerial declaration containing the four priority areas, which are cornerstones in the vision of an inclusive and sustainable future. The four priorities set for the meeting are -- Protection and Restitution of Cultural Property; Harnessing Living Heritage for a Sustainable Future; Promotion of Cultural and Creative Industries and Creative Economy; and Leveraging Digital Technologies for the Protection and Promotion of Culture. Joshi said each of these priorities showcases a world that is culturally diverse yet unified. "We have progressed from identifying and ...

Storage capacity of Maharashtra dams to increase by 230 mn litre: Official

The storage capacity of dams in Maharashtra's Akola district will increase by 23 crore litre because of the implementation of the state government's Galmukt Dharan Galyukt Shivar Yojana, an official said on Tuesday. Under the state government scheme, silt is dredged from dams and other water bodies to increase their storage capacity and it is then used on agricultural land to improve soil fertility. "With the help of the district administration, 23.05 lakh meters of silt has been dredged from water bodies so far and more than 600 farmers have used the same on 700 acres of agricultural land," district water conservation officer Haribhau Geete said. The exercise will increase the water storage capacity of dams in the district by 23 crore litre, he said. Some of the major dams in the district are Katepurna, Morna, Nirguna, Uma, Dagadparwa, and Van. "Non-governmental organisations are working to remove silt from 22 lakes and ponds and the silt is provided to farmers for free and it ha

Suggestions of influential persons on trade policy and their scrutiny

The government is keen on giving incentives for exports but is also keen on justification on the basis of export performance

The darkness of trivialisation

Economic policy tradecraft cannot be executed with inferiority complex that constantly requires divisive religio-cultural and ethnic grievances to be sated

New foreign trade policy may not bank on incentives to boost exports

Set to be unveiled on Friday, it is likely to focus on export hubs, e-com

World Bank warns of 'lost decade' in global growth without bold policy

The World Bank is also watching developments in the banking sector, which come as rising interest rates and tightening financial conditions drive up the cost of borrowing for developing countriesworld