Indian Economy & Business Analysis
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Government’s PLI (Production Linked Incentive) scheme has drawn greater attention as global mobile manufacturers controlling 60% of the market had applied and have received approval under the scheme. These companies…
The passage of farm bills recently has brought focus on the agriculture sector. While agriculture, as a whole, remains an under-developed sector, the inter-state variation is even starker. This is…
India recorded merchandise exports of $320 bn in FY20 against imports of $474 bn, leading to trade deficit of $154 bn. The surplus on ‘invisibles’ account was $132 bn, reducing…
India’s performance on international trade front, recording persistent deficit, is possibly the reason behind government’s push at Atma Nirbhar Bharat (Self-reliant India). The objective is to generate sufficient foreign exchange…