PM Modi’s ₹1 Lakh Crore Rojgar Yojana
The government has launched Pradhan Mantri Viksit Bharat Rozgar Yojana, providing EPF wage support for first-time jobseekers and incentives of up to ₹3,000 per month for employers hiring additional workers, effective until July 2027.
Tourism Boom Offsetting Export Gaps
A surge in tourism surge is expected to help India offset export challenges by boosting services revenue, creating employment and diversifying growth beyond merchandise trade.
Defence Start-ups’ Rise
Startups, such as ideaForge, Pixxel dare spearheading a defence-tech revolution through drones and satellites under Operation Sindoor. Government schemes like iDEX, ADITI support dual-use innovation, though access to capital remains a hurdle.
The Union Cabinet has approved two major projects: Kota- Bundi airport (₹1,507 crore) and Odisha Ring Road (₹8,307 crore), expected to generate 1.7 crore jobs and enhance regional connectivity.
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Policy & Investment Climate
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Japan’s Rs 10tn India Investment
At India-Japan Business Forum, PM Modi welcomed Japan’s ₹10tn decade-long investment commitment, urging collaboration in green energy, manufacturing, innovation, infrastructure, and skilling under a “smart, strategic partnership.”
MSMEs at the Heart of Indo-Japan Ties
MSME collaboration between India and Japan holds significant potential. India’s MSMEs contribute 30 percent to GDP and 46 percent to exports, while Japan’s SMEs employ 70 percent of its workforce. Partnerships in digitalisation, skilling, e-commerce, and PPPs could boost drive competitiveness.
India's Semiconductor Market Growth
India’s semiconductor market is projected to grow from US$34.3bn in 2023 to US$100.2bn by 2032. The Cabinet has approved Rs 4,600 crore projects, expected to create 2,000 skilled jobs.
UNCTAD Investment Facilitation Database
UNCTAD has launched a database mapping over 400 treaties since 2010, providing comparative insights into global and country-specific investment policy frameworks and facilitation practices.
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PM Modi’s Independence Day Address: Atmanirbharta for a Viksit Bharat
PM Modi urged self-reliance in semiconductors, medicines, defence, energy, and technology, while stressing innovation, citizen empowerment, and India’s strengths. He highlighted India’s space ambitions, including preparations for a national space station.
Industrial Employment Rise
The Annual Survey of Industries 2023-24 shows industrial employment rose 5.92 percent to 1.84 crore, with invested capital reaching Rs 68 lakh crore. Tamil Nadu, Gujarat, Maharashtra, Uttar Pradesh, Karnataka lead in employment.
Structural Reforms for Manufacturing
The Confederation of Indian Industry (CII) has proposed structural reforms, including a GST-like council for coordinated action, uniform stamp duties, Integrated Land Authorities in each state. It has also recommended full digitisation of land conversion to boost manufacturing and investor confidence
India-China Trade Potential
An ICRIER study reveals an US$161bn untapped export potential with China, despite a US$99.2bn trade deficit. It recommends resolving non-tariff barriers, targeting high-tech exports, incentivising through PLIs, and diversifying import sources.
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Infrastructure & Energy Development
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Carbon Capture, Utilisation and Storage Mission Soon
India plans to launch a CCUS mission to cut greenhouse gas emissions and support net-zero emission goals. CCUS involves capturing CO2 and transporting it for use in products like chemicals, building materials, or fuels, or for permanent storage in underground formations
PM-KUSUM Solar Push
The PM-KUSUM aims to build 34.8 GW of solar capacity by 2025-26 through pumps and small plants. Phase 2 expands subsidies, agrovoltaics and land pooling, though challenges remain from cheap grid electricity and land consolidation.
Rajasthan’s Solar Rise
In the past decade, Rajasthan has become India’s top solar hub with Bhadla Park (2,245 MW). The state is also being positioned for for hydrogen projects and hybrid solar-wind-storage integration under Green Energy Corridor-II.
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India’s Demographic Dividend as a Time Bomb
AI is disrupting jobs, with 70 percent of roles impacted and 30 percent of tasks automated. While new AI roles emerge, slow curriculum updates risk leaving students behind unless urgent re-skilling measures are adopted.
Raghuram Rajan's Next-gen Reforms for US$50tn Economy by 2047
Raghuram Rajan cautions that excessive bureaucracy stifles private investment. He calls for bold structural reforms to achieve a US$50tn economy by 2047, noting infrastructure progress, but warning that India’s youth dividend could be wasted without decisive policy changes
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