The document provides updates on policy changes from various Indian government ministries in Q1 2023. Key updates include the new Foreign Trade Policy 2023 focusing on ease of business and emerging areas like e-commerce exports. The Swadesh Darshan 2.0 tourism scheme seeks to develop sustainable tourism destinations. New schemes were also announced for petrochemical research, carbon credit trading, renewable energy projects, steel sector PLI, and capital expenditure.
The document discusses key economic developments and initiatives in India in 2023. It summarizes that India continued strong economic growth in 2023, hosted the G20 presidency, raised funds through green bonds, and launched initiatives like the Mahila Samman Savings Certificate to promote financial inclusion. It also outlines major achievements of the Department of Economic Affairs and the Department for Promotion of Industry and Internal Trade, including production-linked incentives, startups, infrastructure projects, reforms to promote ease of doing business, and growth in key economic indicators. The document concludes with details on foreign direct investment trends in India.
Ahmad Rifqi, OJK - Skill and capacity development to support clean energy fin...OECD Environment
Presentation by Ahmad Rifqi, OJK, Focus Group Discussion: Skill and Capacity Development to Support Clean Energy Finance and Investment, 15 October 2020
The document provides highlights from the Indian budget for 2013-2014. It discusses challenges facing the Indian economy including slowing growth and inflation. It outlines the government's goals of inclusive development and priorities like education, health, and job creation. It also summarizes various funding allocations and new policies/initiatives across sectors like agriculture, infrastructure, renewable energy, banking, and skills development.
The document provides highlights from the 2013-2014 Indian budget. It discusses challenges facing the Indian economy including slowing growth and inflation. Key areas of focus for the budget include job creation for youth, education, healthcare, agriculture and food security. Infrastructure projects in areas like roads, ports, industrial corridors and power transmission are to receive additional funds. Financial reforms and support for small businesses, exports and insurance are also outlined.
The summary provides the key highlights from the Union Budget 2022-23:
1) The total expenditure for 2022-23 is estimated at Rs. 39.45 lakh crore with a fiscal deficit target of 6.4% of GDP. Several programs are aimed at boosting infrastructure development, MSMEs, agriculture, renewable energy, and health.
2) Major infrastructure schemes include expanding the national highways network, developing multimodal logistics parks, upgrading railway infrastructure, and introducing ropeways under the Parvatmala program.
3) Support for MSMEs includes extending ECLGS, additional credit facilitation, and the RAMP program. Agriculture initiatives include MSP payments, promoting natural
The document outlines India's vision to transition to 100% electric vehicles by 2047, the 100th anniversary of India's independence. It discusses the current low penetration of electric vehicles in India and the need for strong policy support to accelerate adoption. The auto industry commits to supporting the government's goal of increasing electric vehicle usage, with targets of 100% electric public transport by 2030, 40% of private vehicles being electric by 2030, and fully electric new vehicle sales by 2047. The document calls for collaboration between industry, government, and other stakeholders to realize this vision through policy interventions, investments, and developing electric vehicle manufacturing capabilities in India.
Transnet is undertaking a large capital expansion program worth R300 billion over 7 years known as the Market Demand Strategy. This provides opportunities to accelerate economic transformation through supplier development. Transnet aims to leverage its procurement spend to develop local suppliers and manufacturing capabilities. It has achieved successes in past programs and aims to further supplier development ambitions through its new strategy and supplier development plan aligned with the Market Demand Strategy goals.
The document discusses key economic developments and initiatives in India in 2023. It summarizes that India continued strong economic growth in 2023, hosted the G20 presidency, raised funds through green bonds, and launched initiatives like the Mahila Samman Savings Certificate to promote financial inclusion. It also outlines major achievements of the Department of Economic Affairs and the Department for Promotion of Industry and Internal Trade, including production-linked incentives, startups, infrastructure projects, reforms to promote ease of doing business, and growth in key economic indicators. The document concludes with details on foreign direct investment trends in India.
Ahmad Rifqi, OJK - Skill and capacity development to support clean energy fin...OECD Environment
Presentation by Ahmad Rifqi, OJK, Focus Group Discussion: Skill and Capacity Development to Support Clean Energy Finance and Investment, 15 October 2020
The document provides highlights from the Indian budget for 2013-2014. It discusses challenges facing the Indian economy including slowing growth and inflation. It outlines the government's goals of inclusive development and priorities like education, health, and job creation. It also summarizes various funding allocations and new policies/initiatives across sectors like agriculture, infrastructure, renewable energy, banking, and skills development.
The document provides highlights from the 2013-2014 Indian budget. It discusses challenges facing the Indian economy including slowing growth and inflation. Key areas of focus for the budget include job creation for youth, education, healthcare, agriculture and food security. Infrastructure projects in areas like roads, ports, industrial corridors and power transmission are to receive additional funds. Financial reforms and support for small businesses, exports and insurance are also outlined.
The summary provides the key highlights from the Union Budget 2022-23:
1) The total expenditure for 2022-23 is estimated at Rs. 39.45 lakh crore with a fiscal deficit target of 6.4% of GDP. Several programs are aimed at boosting infrastructure development, MSMEs, agriculture, renewable energy, and health.
2) Major infrastructure schemes include expanding the national highways network, developing multimodal logistics parks, upgrading railway infrastructure, and introducing ropeways under the Parvatmala program.
3) Support for MSMEs includes extending ECLGS, additional credit facilitation, and the RAMP program. Agriculture initiatives include MSP payments, promoting natural
The document outlines India's vision to transition to 100% electric vehicles by 2047, the 100th anniversary of India's independence. It discusses the current low penetration of electric vehicles in India and the need for strong policy support to accelerate adoption. The auto industry commits to supporting the government's goal of increasing electric vehicle usage, with targets of 100% electric public transport by 2030, 40% of private vehicles being electric by 2030, and fully electric new vehicle sales by 2047. The document calls for collaboration between industry, government, and other stakeholders to realize this vision through policy interventions, investments, and developing electric vehicle manufacturing capabilities in India.
Transnet is undertaking a large capital expansion program worth R300 billion over 7 years known as the Market Demand Strategy. This provides opportunities to accelerate economic transformation through supplier development. Transnet aims to leverage its procurement spend to develop local suppliers and manufacturing capabilities. It has achieved successes in past programs and aims to further supplier development ambitions through its new strategy and supplier development plan aligned with the Market Demand Strategy goals.
This presentation was delivered during the 6th Meeting of the OECD Southeast Asia Regional Programme’s Regional Policy Network on Sustainable Infrastructure, which took place on 25-26 April 2022 in Manila, the Philippines. The OECD’s Public Governance Directorate and Environment Directorate teamed up with the OECD Korea Policy Centre to organise the event. The National Economic and Development Authority (NEDA) of the Philippines co-chaired the event alongside the United States, and the Public Private Partnership Centre of the Philippines graciously provided the venue. For more details about the meeting, including the agenda and a short summary record, please visit: https://www.oecd.org/site/sipa/events/sipa-searp-philippines-2022.htm.
The document discusses cluster development initiatives in India. It defines a cluster as a group of enterprises located in a contiguous area that produce similar products or services. It then discusses some of the challenges facing Indian industry, such as competitiveness in global markets. Several government institutions and programs aimed at cluster development are outlined, including the Micro and Small Enterprises- Cluster Development Programme, which aims to enhance productivity and competitiveness of small businesses. The UNIDO Cluster Development Programme also seeks to improve the performance and efficiency of small business clusters through pilot projects and policy assistance.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Equity Market Reactions based on Company’s Financial StrategiesRUPANJAN NAYAK
Equity Market Reactions based on Company’s Financial Strategies on a POWER UTILITY COMPANY: CESC PVT LTD.
1. Contains equity stock market reactions based on company financial restructuring strategies like: following a lean business model, layoff and retrenchments, going full digital from offline business model etc.
2. The impact on the shareholders due to diversification.
3. Impact on the shareholders due to company strategic restructuring.
This document provides recommendations for developing a sustainable financial system in India. Key recommendations include:
I. Enhancing the financial system's capacity to respond to climate change and sustainable development by driving innovation in banking, insurance, investments and securities.
II. Developing a sustainability-oriented market framework that incentivizes sustainable infrastructure financing, builds skills in the financial sector, incentivizes public sector sustainable investments, boosts efficiency in SMEs, and redirects cross-border financial flows.
III. Implementing regulations and incentives like tax credits to increase equity investment in clean energy, strengthening green financing institutions, expanding priority sector lending to renewable energy, and reforming the National Clean Energy Fund.
IV.
This document provides details about a summer internship project report submitted by Sunil Kumar Behera to the Suddhananda School of Management & Computer Science. The project analyzes the Tariff Order Statement of the Grid Corporation of Odisha (GRIDCO) for the financial year 2015-16. It includes sections on the declaration, acknowledgements, executive summary, statement about the project, contents, and chapters on the introduction and objectives, company profile and mission/vision. The overall document provides background information on GRIDCO and outlines the objectives and methodology of analyzing GRIDCO's tariff order statement for the 2015-16 financial year.
The Infrastructure sector has been the key driver for the Indian economy. The sector is critically important for sustaining the momentum of the economic growth, and the Government has undertaken policy interventions and initiatives to boost the sector.
Foreign Direct Investment (FDI) received in the construction sector (including townships, housing and built-up infrastructure) from April 2000 to March 2017 is estimated at USD 24.3 billion.
CII, over the years, has been working very closely with stakeholders across the infrastructure verticals to stimulate greater private sector investment. This edition of the Policy Watch focuses on the infrastructure sector.
ICAI Elections -Your Vote will make the DifferenceNeha Sharma
The most crucial time for the profession of CAs i.e. 3 yearly elections of the Institute are scheduled for December 4-5, 2015. How we exercise our vote will decide future of each one of us. The role being played by the Elected Central Council & the Regional Council is very crucial and it is important to understand while voting that We need a leadership which takes the profession in a right Direction, new and larger professional opportunities are harnessed nationally as well as internationally,we meet various challenges as a profession and all members are effectively, efficiently and respectfully deliver professional services and add a highly acclaimed value to the corporate, while being in employment.
The document provides an overview of activities undertaken by the Independent Power Producers Association of India (IPPAI) from January to December 2015. It summarizes IPPAI's role in advocating for the power sector through consultations with government stakeholders on policy and regulatory issues. Key activities included pre-budget consultations with suggestions for the Finance Minister, workshops on the Electricity Amendment Bill 2014 in various cities, and conferences focused on "Powering" specific states. Recommendations from these events addressed challenges like fuel costs and availability, financing, clean energy incentives and infrastructure development.
The document provides an analysis of Pakistan's draft National Electricity Policy 2020. It begins with an introduction to the policy and outlines its stated goals of ensuring affordable, secure, and sustainable electricity. However, the document finds the policy lacks specificity and concreteness. It does not clearly define how goals will be balanced or measured. Additionally, the document raises several criticisms and questions around how various sections of the policy can be realistically implemented based on its current level of detail and guidance. It concludes the policy fails to ensure the necessary leadership and capacity is in place to achieve its goals.
Smart Republic - Multi Partner Platform for Collaborative Development of Smart Cities and Smart Villages.
Smart Republic 2018 is envisaged as a Multi Partner global forum to deliberate on the collaboration framework between government and multiple agencies like the World Bank, UN Habitat, UN Global Compact, Asian Development Bank, Industry and academia for achieving shared goal of making India a Smart Republic by 2022. Smart republic forum will focus on innovative ICT and New Media platforms and deployment of best practices to catalyse effective, coordinated and results-based implementation of 100 Smart Cities Program, AMRUT, HRIDAY and RURBAN missions to achieve the Sustainable Development Goals (SDGs).
This document provides information on language interpretation options available during meetings, how to change interpretation languages, and how to translate presentation slides.
The key points are:
1. To choose an interpretation language during a meeting, a dialog box will appear with language options to select from.
2. To
The document discusses recommendations from a committee chaired by Dr. Vijay Kelkar on reviving public-private partnerships (PPPs) in India's infrastructure development. The committee recommended amendments to PPP contracts, policies, and institutions to make them more outcome-focused and improve dispute resolution, risk allocation, and private sector participation. Key recommendations included changes to model concession agreements, establishing new committees and tribunals to facilitate PPP projects and resolve disputes, and adopting new funding models like the Hybrid Annuity Model. The success of PPPs in India going forward will largely depend on changes in the attitudes of government agencies and other public authorities working with the private sector.
This document summarizes over 100 Chinese policies related to low-carbon development in industrial zones. It finds:
1) The number of low-carbon policies is steadily increasing since the 12th Five-Year Plan prioritized emission reductions.
2) High-level guidance set targets initially, now specific measures are being implemented, like carbon trading schemes.
3) Policies focus on both energy and carbon reductions, to meet national climate change and air quality goals.
The document outlines several policy reforms across key sectors in India to promote growth and investment. Some key reforms mentioned include fast tracking investment clearances, introducing commercial coal mining, liberalizing the defence manufacturing sector, increasing private participation in space activities, revamping the viability gap funding scheme, and establishing public-private partnerships in the atomic energy sector. The overall goal is to reduce imports, enhance self-reliance, boost private investment, and promote growth across priority sectors in support of an Aatmanirbhar Bharat or self-reliant India.
The document summarizes opportunities for startups in the Union Budget 2021-2022 across several sectors such as agriculture, food, waste management, clean energy, infrastructure, governance, education, fintech, and research & development. Key highlights include increased funding for agriculture infrastructure, micro-irrigation, operation green scheme, solar energy, rail safety, metro projects, digital education, fintech initiatives, and a new national research foundation. The budget aims to promote sectors that will drive growth like clean energy and focus on initiatives like digital census and education reform. It provides a positive outlook for startups in these focused areas.
This weekly newsletter provides updates across various sectors of the Indian economy and business world. Key highlights include:
- India committed Rs. 11.87 trillion in investments in renewable energy projects at an investor summit in Andhra Pradesh.
- The tourism sector saw a rise in foreign tourist arrivals with the government working on boosting tourism destinations.
- Pharma industry is bracing for tighter manufacturing regulations following incidents involving Indian pharmaceutical products.
- GST collections reached a record high of Rs. 1.12 lakh crore in August 2021 indicating economic recovery.
- Corporate updates include Amazon Pay being fined over Rs. 3 crore by RBI for non-compliance and IndiGo in talks to order over 500
This weekly newsletter provides updates across various sectors of the Indian economy and business world. Key highlights include:
- India received investments worth Rs. 11.87 trillion in its renewable energy sector at an investor summit in Andhra Pradesh.
- The government approved India's largest hydropower project, a Rs. 1.6 trillion project in Arunachal Pradesh near the Chinese border.
- GST collections reached a record high of Rs. 1.12 lakh crore in August 2021, indicating an economic recovery.
- India's GDP growth slowed to 4.4% in the October-December quarter of 2021, with manufacturing contracting.
Theme : “Public Sector Enterprises in Railways”
The Railways, a prime mover of the economy and a primary transporter of vital bulk products such as coal, oil and petro products, metals and minerals, food grains as well as people, is getting ready to meet the projected requirements of its user segments. The Railways and its departmental enterprises have articulated an ambitious roadmap and are gearing up to meet new growth targets.
This document contains summaries of several knowledge papers published by FICCI (Federation of Indian Chambers of Commerce and Industry).
The first paper discusses the Indian construction chemicals industry, noting that it has grown 17% over the last 5 years and is expected to continue growing by 15-16% annually due to government investment plans. However, low awareness, lack of skilled labor, and high price sensitivity present challenges.
The second paper focuses on the potential of plastics industry in Northern India, particularly for agriculture applications. It notes plastics can help address falling water tables while boosting food production and security.
The third paper evaluates a public-private partnership project in Maharashtra that aimed to improve pulse crop productivity,
This presentation was delivered during the 6th Meeting of the OECD Southeast Asia Regional Programme’s Regional Policy Network on Sustainable Infrastructure, which took place on 25-26 April 2022 in Manila, the Philippines. The OECD’s Public Governance Directorate and Environment Directorate teamed up with the OECD Korea Policy Centre to organise the event. The National Economic and Development Authority (NEDA) of the Philippines co-chaired the event alongside the United States, and the Public Private Partnership Centre of the Philippines graciously provided the venue. For more details about the meeting, including the agenda and a short summary record, please visit: https://www.oecd.org/site/sipa/events/sipa-searp-philippines-2022.htm.
The document discusses cluster development initiatives in India. It defines a cluster as a group of enterprises located in a contiguous area that produce similar products or services. It then discusses some of the challenges facing Indian industry, such as competitiveness in global markets. Several government institutions and programs aimed at cluster development are outlined, including the Micro and Small Enterprises- Cluster Development Programme, which aims to enhance productivity and competitiveness of small businesses. The UNIDO Cluster Development Programme also seeks to improve the performance and efficiency of small business clusters through pilot projects and policy assistance.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Equity Market Reactions based on Company’s Financial StrategiesRUPANJAN NAYAK
Equity Market Reactions based on Company’s Financial Strategies on a POWER UTILITY COMPANY: CESC PVT LTD.
1. Contains equity stock market reactions based on company financial restructuring strategies like: following a lean business model, layoff and retrenchments, going full digital from offline business model etc.
2. The impact on the shareholders due to diversification.
3. Impact on the shareholders due to company strategic restructuring.
This document provides recommendations for developing a sustainable financial system in India. Key recommendations include:
I. Enhancing the financial system's capacity to respond to climate change and sustainable development by driving innovation in banking, insurance, investments and securities.
II. Developing a sustainability-oriented market framework that incentivizes sustainable infrastructure financing, builds skills in the financial sector, incentivizes public sector sustainable investments, boosts efficiency in SMEs, and redirects cross-border financial flows.
III. Implementing regulations and incentives like tax credits to increase equity investment in clean energy, strengthening green financing institutions, expanding priority sector lending to renewable energy, and reforming the National Clean Energy Fund.
IV.
This document provides details about a summer internship project report submitted by Sunil Kumar Behera to the Suddhananda School of Management & Computer Science. The project analyzes the Tariff Order Statement of the Grid Corporation of Odisha (GRIDCO) for the financial year 2015-16. It includes sections on the declaration, acknowledgements, executive summary, statement about the project, contents, and chapters on the introduction and objectives, company profile and mission/vision. The overall document provides background information on GRIDCO and outlines the objectives and methodology of analyzing GRIDCO's tariff order statement for the 2015-16 financial year.
The Infrastructure sector has been the key driver for the Indian economy. The sector is critically important for sustaining the momentum of the economic growth, and the Government has undertaken policy interventions and initiatives to boost the sector.
Foreign Direct Investment (FDI) received in the construction sector (including townships, housing and built-up infrastructure) from April 2000 to March 2017 is estimated at USD 24.3 billion.
CII, over the years, has been working very closely with stakeholders across the infrastructure verticals to stimulate greater private sector investment. This edition of the Policy Watch focuses on the infrastructure sector.
ICAI Elections -Your Vote will make the DifferenceNeha Sharma
The most crucial time for the profession of CAs i.e. 3 yearly elections of the Institute are scheduled for December 4-5, 2015. How we exercise our vote will decide future of each one of us. The role being played by the Elected Central Council & the Regional Council is very crucial and it is important to understand while voting that We need a leadership which takes the profession in a right Direction, new and larger professional opportunities are harnessed nationally as well as internationally,we meet various challenges as a profession and all members are effectively, efficiently and respectfully deliver professional services and add a highly acclaimed value to the corporate, while being in employment.
The document provides an overview of activities undertaken by the Independent Power Producers Association of India (IPPAI) from January to December 2015. It summarizes IPPAI's role in advocating for the power sector through consultations with government stakeholders on policy and regulatory issues. Key activities included pre-budget consultations with suggestions for the Finance Minister, workshops on the Electricity Amendment Bill 2014 in various cities, and conferences focused on "Powering" specific states. Recommendations from these events addressed challenges like fuel costs and availability, financing, clean energy incentives and infrastructure development.
The document provides an analysis of Pakistan's draft National Electricity Policy 2020. It begins with an introduction to the policy and outlines its stated goals of ensuring affordable, secure, and sustainable electricity. However, the document finds the policy lacks specificity and concreteness. It does not clearly define how goals will be balanced or measured. Additionally, the document raises several criticisms and questions around how various sections of the policy can be realistically implemented based on its current level of detail and guidance. It concludes the policy fails to ensure the necessary leadership and capacity is in place to achieve its goals.
Smart Republic - Multi Partner Platform for Collaborative Development of Smart Cities and Smart Villages.
Smart Republic 2018 is envisaged as a Multi Partner global forum to deliberate on the collaboration framework between government and multiple agencies like the World Bank, UN Habitat, UN Global Compact, Asian Development Bank, Industry and academia for achieving shared goal of making India a Smart Republic by 2022. Smart republic forum will focus on innovative ICT and New Media platforms and deployment of best practices to catalyse effective, coordinated and results-based implementation of 100 Smart Cities Program, AMRUT, HRIDAY and RURBAN missions to achieve the Sustainable Development Goals (SDGs).
This document provides information on language interpretation options available during meetings, how to change interpretation languages, and how to translate presentation slides.
The key points are:
1. To choose an interpretation language during a meeting, a dialog box will appear with language options to select from.
2. To
The document discusses recommendations from a committee chaired by Dr. Vijay Kelkar on reviving public-private partnerships (PPPs) in India's infrastructure development. The committee recommended amendments to PPP contracts, policies, and institutions to make them more outcome-focused and improve dispute resolution, risk allocation, and private sector participation. Key recommendations included changes to model concession agreements, establishing new committees and tribunals to facilitate PPP projects and resolve disputes, and adopting new funding models like the Hybrid Annuity Model. The success of PPPs in India going forward will largely depend on changes in the attitudes of government agencies and other public authorities working with the private sector.
This document summarizes over 100 Chinese policies related to low-carbon development in industrial zones. It finds:
1) The number of low-carbon policies is steadily increasing since the 12th Five-Year Plan prioritized emission reductions.
2) High-level guidance set targets initially, now specific measures are being implemented, like carbon trading schemes.
3) Policies focus on both energy and carbon reductions, to meet national climate change and air quality goals.
The document outlines several policy reforms across key sectors in India to promote growth and investment. Some key reforms mentioned include fast tracking investment clearances, introducing commercial coal mining, liberalizing the defence manufacturing sector, increasing private participation in space activities, revamping the viability gap funding scheme, and establishing public-private partnerships in the atomic energy sector. The overall goal is to reduce imports, enhance self-reliance, boost private investment, and promote growth across priority sectors in support of an Aatmanirbhar Bharat or self-reliant India.
The document summarizes opportunities for startups in the Union Budget 2021-2022 across several sectors such as agriculture, food, waste management, clean energy, infrastructure, governance, education, fintech, and research & development. Key highlights include increased funding for agriculture infrastructure, micro-irrigation, operation green scheme, solar energy, rail safety, metro projects, digital education, fintech initiatives, and a new national research foundation. The budget aims to promote sectors that will drive growth like clean energy and focus on initiatives like digital census and education reform. It provides a positive outlook for startups in these focused areas.
This weekly newsletter provides updates across various sectors of the Indian economy and business world. Key highlights include:
- India committed Rs. 11.87 trillion in investments in renewable energy projects at an investor summit in Andhra Pradesh.
- The tourism sector saw a rise in foreign tourist arrivals with the government working on boosting tourism destinations.
- Pharma industry is bracing for tighter manufacturing regulations following incidents involving Indian pharmaceutical products.
- GST collections reached a record high of Rs. 1.12 lakh crore in August 2021 indicating economic recovery.
- Corporate updates include Amazon Pay being fined over Rs. 3 crore by RBI for non-compliance and IndiGo in talks to order over 500
This weekly newsletter provides updates across various sectors of the Indian economy and business world. Key highlights include:
- India received investments worth Rs. 11.87 trillion in its renewable energy sector at an investor summit in Andhra Pradesh.
- The government approved India's largest hydropower project, a Rs. 1.6 trillion project in Arunachal Pradesh near the Chinese border.
- GST collections reached a record high of Rs. 1.12 lakh crore in August 2021, indicating an economic recovery.
- India's GDP growth slowed to 4.4% in the October-December quarter of 2021, with manufacturing contracting.
Theme : “Public Sector Enterprises in Railways”
The Railways, a prime mover of the economy and a primary transporter of vital bulk products such as coal, oil and petro products, metals and minerals, food grains as well as people, is getting ready to meet the projected requirements of its user segments. The Railways and its departmental enterprises have articulated an ambitious roadmap and are gearing up to meet new growth targets.
This document contains summaries of several knowledge papers published by FICCI (Federation of Indian Chambers of Commerce and Industry).
The first paper discusses the Indian construction chemicals industry, noting that it has grown 17% over the last 5 years and is expected to continue growing by 15-16% annually due to government investment plans. However, low awareness, lack of skilled labor, and high price sensitivity present challenges.
The second paper focuses on the potential of plastics industry in Northern India, particularly for agriculture applications. It notes plastics can help address falling water tables while boosting food production and security.
The third paper evaluates a public-private partnership project in Maharashtra that aimed to improve pulse crop productivity,
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Christina Parmionova
The best available, up-to-date information on all fishing and related vessels that appear on the illegal, unregulated, and unreported (IUU) fishing vessel lists published by Regional Fisheries Management Organisations (RFMOs) and related organisations. The aim of the site is to improve the effectiveness of the original IUU lists as a tool for a wide variety of stakeholders to better understand and combat illegal fishing and broader fisheries crime.
To date, the following regional organisations maintain or share lists of vessels that have been found to carry out or support IUU fishing within their own or adjacent convention areas and/or species of competence:
Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR)
Commission for the Conservation of Southern Bluefin Tuna (CCSBT)
General Fisheries Commission for the Mediterranean (GFCM)
Inter-American Tropical Tuna Commission (IATTC)
International Commission for the Conservation of Atlantic Tunas (ICCAT)
Indian Ocean Tuna Commission (IOTC)
Northwest Atlantic Fisheries Organisation (NAFO)
North East Atlantic Fisheries Commission (NEAFC)
North Pacific Fisheries Commission (NPFC)
South East Atlantic Fisheries Organisation (SEAFO)
South Pacific Regional Fisheries Management Organisation (SPRFMO)
Southern Indian Ocean Fisheries Agreement (SIOFA)
Western and Central Pacific Fisheries Commission (WCPFC)
The Combined IUU Fishing Vessel List merges all these sources into one list that provides a single reference point to identify whether a vessel is currently IUU listed. Vessels that have been IUU listed in the past and subsequently delisted (for example because of a change in ownership, or because the vessel is no longer in service) are also retained on the site, so that the site contains a full historic record of IUU listed fishing vessels.
Unlike the IUU lists published on individual RFMO websites, which may update vessel details infrequently or not at all, the Combined IUU Fishing Vessel List is kept up to date with the best available information regarding changes to vessel identity, flag state, ownership, location, and operations.
karnataka housing board schemes . all schemesnarinav14
The Karnataka government, along with the central government’s Pradhan Mantri Awas Yojana (PMAY), offers various housing schemes to cater to the diverse needs of citizens across the state. This article provides a comprehensive overview of the major housing schemes available in the Karnataka housing board for both urban and rural areas in 2024.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
A Guide to AI for Smarter Nonprofits - Dr. Cori Faklaris, UNC CharlotteCori Faklaris
Working with data is a challenge for many organizations. Nonprofits in particular may need to collect and analyze sensitive, incomplete, and/or biased historical data about people. In this talk, Dr. Cori Faklaris of UNC Charlotte provides an overview of current AI capabilities and weaknesses to consider when integrating current AI technologies into the data workflow. The talk is organized around three takeaways: (1) For better or sometimes worse, AI provides you with “infinite interns.” (2) Give people permission & guardrails to learn what works with these “interns” and what doesn’t. (3) Create a roadmap for adding in more AI to assist nonprofit work, along with strategies for bias mitigation.
AHMR is an interdisciplinary peer-reviewed online journal created to encourage and facilitate the study of all aspects (socio-economic, political, legislative and developmental) of Human Mobility in Africa. Through the publication of original research, policy discussions and evidence research papers AHMR provides a comprehensive forum devoted exclusively to the analysis of contemporaneous trends, migration patterns and some of the most important migration-related issues.
This report explores the significance of border towns and spaces for strengthening responses to young people on the move. In particular it explores the linkages of young people to local service centres with the aim of further developing service, protection, and support strategies for migrant children in border areas across the region. The report is based on a small-scale fieldwork study in the border towns of Chipata and Katete in Zambia conducted in July 2023. Border towns and spaces provide a rich source of information about issues related to the informal or irregular movement of young people across borders, including smuggling and trafficking. They can help build a picture of the nature and scope of the type of movement young migrants undertake and also the forms of protection available to them. Border towns and spaces also provide a lens through which we can better understand the vulnerabilities of young people on the move and, critically, the strategies they use to navigate challenges and access support.
The findings in this report highlight some of the key factors shaping the experiences and vulnerabilities of young people on the move – particularly their proximity to border spaces and how this affects the risks that they face. The report describes strategies that young people on the move employ to remain below the radar of visibility to state and non-state actors due to fear of arrest, detention, and deportation while also trying to keep themselves safe and access support in border towns. These strategies of (in)visibility provide a way to protect themselves yet at the same time also heighten some of the risks young people face as their vulnerabilities are not always recognised by those who could offer support.
In this report we show that the realities and challenges of life and migration in this region and in Zambia need to be better understood for support to be strengthened and tuned to meet the specific needs of young people on the move. This includes understanding the role of state and non-state stakeholders, the impact of laws and policies and, critically, the experiences of the young people themselves. We provide recommendations for immediate action, recommendations for programming to support young people on the move in the two towns that would reduce risk for young people in this area, and recommendations for longer term policy advocacy.
How To Cultivate Community Affinity Throughout The Generosity JourneyAggregage
This session will dive into how to create rich generosity experiences that foster long-lasting relationships. You’ll walk away with actionable insights to redefine how you engage with your supporters — emphasizing trust, engagement, and community!
3. Foreign Trade Policy (2023) is a policy document
which is based on continuity of time-tested
schemes facilitating exports as well as a
document which is nimble and responsive to the
requirements of trade. It is based on principles of
‘trust’ and ‘partnership’ with exporters. The Key
Approach to the policy is based on these 4 pillars:
(i) Incentive to Remission
(ii) Export promotion through collaboration -
Exporters, States, Districts, Indian Missions
(iii) Ease of doing business, reduction in
transaction cost and e-initiatives and
(iv) Emerging Areas – E-Commerce Developing
Districts as Export Hubs and streamlining
SCOMET policy.
The FTP 2023 aims at process re-engineering
and automation to facilitate ease of doing
business for exporters. It also focuses on
emerging areas like dual use high end technology
items under SCOMET, facilitating e-commerce
export, collaborating with States and Districts
for export promotion. The new FTP is introducing
a one-time Amnesty Scheme for exporters to
close the old pending authorizations and start
afresh. The FTP 2023 encourages recognition of
new towns through “Towns of Export Excellence
Scheme” and exporters through “Status Holder
Scheme”. The FTP 2023 is facilitating exports by
streamlining the popular Advance Authorization
and EPCG schemes, and enabling merchanting
trade from India.
Ministry of
Commerce and
Industry
Foreign Trade Policy 2023
4. Ministry of
Tourism
The Ministry of Tourism had launched the Swadesh
Darshan Scheme in 2015 and sanctioned 76 projects
under the Scheme to date. The Ministry of Tourism
identified the following areas for improvement:
(i) Broad basing of Central Sanctioning and Monitoring
Committee
(ii) State-level Institutional Structure for the Scheme
(iii) Strategic selection of the destinations
(iv) Detailed benchmarking and gap analysis of
destination
(v) Focus on both hard and soft Interventions
(vi) Strengthening of Project Implementation and
Monitoring
(vii) Operations and maintenance on sustainable basis
(viii) Promotion & marketing of the destinations and Impact
Assessment
With the mantra of ‘vocal for local’, the revamped scheme
namely Swadesh Darshan 2.0 seeks to attain
“Aatmanirbhar Bharat” by realizing India’s full potential as
a tourism destination. Swadesh Darshan 2.0 is not an
incremental change but a generational shift to evolve
Swadesh Darshan Scheme as a holistic mission to develop
sustainable and responsible tourism destinations covering
tourism and allied infrastructure, tourism services, human
capital development, destination management and
promotion backed by policy and institutional reforms.
Swadesh Darshan Scheme 2.0
(Began from Jan 2023)
5. Ministry of Chemicals
and Fertilizers
PETROCHEMICALS RESEARCH
& INNOVATION
COMMENDATION SCHEME
This Petrochemicals Research & Innovation
Commendation Scheme will motivate the inventors to
carry out innovative Research & Development in the
areas of petrochemicals and allied industry, which in
turn will improve performance / quality of the
existing product. This Scheme will be on outstanding
contribution in R&D leading to better energy
consumption, better plastic waste management,
increase in product life cycle, development of
innovative new products, quality standards, recycling
and other emerging areas.
The scheme is open to all Indian
citizens/institutions/industries/ organisations/ Start-
up registered in India or created by the Central/
State governments/ Union Territories.
6. The Sustainable Development Evaluation Framework (SDEF) has to be
developed and communicated to the UNFCCC as per Article 6.4
requirements. Project activities and programme of activities would need
to meet the following criteria:
• The Activity satisfies the basic requirement of additionality -
reduces/removes GHG emissions
• The activity contributes to sustainable development of the country
• The activity contributes to the implementation of the host Party NDCs
The SDEF would have 3 components:
1. Do - No-Significant-Harm criteria in terms of Environment, Social
and Governance (ESG) – which will help evaluate negative impacts of
a project on environmental (air, water, soil, biodiversity and waste
disposal), social or governance issues and identifies remedial
measures (if any)
2. Projects impact on priority developmental aspects (measurable
impact on employment generation, skills upgradation, clean
technology adoption and scale-up, mobilizing investments for priority
developmental regions, etc.)
3. Positive impact on sustainable development – measurable
contribution to the 17 Sustainable Development Goals (SDG)
Ministry of
Environment, Forest
and Climate Change
SUSTAINABLE DEVELOPMENT
EVALUATION FRAMEWORK (FEB 2023-
DRAFT)
7. Ministry of
Power
With its ability to store a large amount of energy, frequent starts/stops,
and faster ramp-ups/ramp-downs, PSPs are ideally suited to address the
dynamic supply and demand in the country. PSPs can also be used for
peaking operation and improves the reliability of the power system. While
battery storage solutions are still evolving and are required for short
duration storage needs in grid management, PSPs are a natural enabler
for integrating greater amounts of wind and solar power.
Keeping in view the immense utility of the PSPs an grid stabilization
as well as meeting the peaking power demand, a need for formulating
a separate guideline to promote PSPs was felt to set the direction of
its development. Accordingly, this Ministry has come up with draft
guidelines on PSPs, which seeks to promote the development of PSPS
across the country with proactive support of the State Governments.
India's power ministry has released a draft carbon
credit trading scheme and is seeking views from
stakeholders by 14 April, as part of its process to
establish a carbon credit market in the country. The
Energy Conservation (Amendment) Bill was passed
in December empowering the central government
to establish carbon credit trading markets in India.
The draft scheme proposes a structure for the
Indian carbon credit market, for both voluntary
trading and compliance, which will be administered
by a governing board comprising of secretaries and
joint secretaries of the environment, power,
renewable energy, steel, coal and oil ministries.
Pump Storage Projects
Carbon Credit Trading Scheme (Draft)
8. Ministry of New
and Renewable
Energy
Bidding Trajectory for Renewable Energy Projects
PM Gati-Shakti National Master Plan related to Renewable Energy
RE Projects of capacity 50 MW and more are to be mapped on the PM Gati-Shakti Portal. The
projects taken up by the Renewable Energy Implementing agencies (REIA)(Tenders/EPC mode)
would be mapped on national portal by Gati Shakti cell. The projects taken up by the States’
schemes and tenders would be mapped by States on the respective State’
s portal with linkage
to national portal.
National Green Hydrogen Mission
It is a comprehensive action plan for establishing a Green Hydrogen
ecosystem and catalysing a systematic response to the opportunities and
challenges of this sunrise sector of energy. The Mission strategy accordingly
comprises interventions for:
(i) demand creation by making Green Hydrogen produced in India
competitive for exports and through domestic consumption.
(ii) addressing supply side constraints through an incentive framework
(iii) building an enabling ecosystem to support scaling and development.
Guidelines for enlistment under “Approved models and manufacturers of Solar
Photovoltaic modules (Requirements for compulsory registration)Order”
The Ministry has hereby modified and added some new provisions regarding
the Application process, application fee for the brand owners, conditions
subjected to inspection of applicant’
s manufacturing sites, Enlistment of co-
branded models and validity of ALMM enlistment of cobranded owners.
9. Ministry of
Earth Sciences
Ministry of Steel
Under the PLI scheme, the Government has approved Rs. 6322
crores to give a new impetus to the Steel sector. Shri Scindia
said that the PLI scheme is expected to generate an investment
of about Rs. 30,000 Crores and additional capacity creation of
about 25 Million Tonnes of specialty steel in the next 5 years.
This will also create great opportunities for direct and indirect job
creation, besides contributing towards achieving the status of 3rd
largest economy by the year 2030-31.
In the Budget 2023-24 the Prime Minister and the Finance
Minister Smt. Nirmala Sitharaman have announced Rs. 10 lakh
crore Capital Expenditure Plan that becomes the source of great
demand for our industry. India is set to become a power house of
manufacturing which will increase the share of Steel in GDP from
2 to 5%.
Ministry of Steel signs 57 MoUs’ with 27 companies
under PLI schemes for specialty Steel
Marine Spatial Planning (MSP) for Puducherry and Lakshadweep
(Launched on 13th Feb 2023)
Maritime Spatial Planning (MSP) is a policy tool that
aims to support the sustainable development of
marine areas and coastal regions. Under the India-
Norway Marine Spatial Planning for two areas namely
Pondicherry and Lakshadweep were taken up to
balance growth alongside sustainable management of
ocean resources and coastal environment
preservation. The work was implemented by the
Ministry of Earth Sciences (MoES) through National
Centre for Coastal Research (NCCR), Institute of
Marine Research (IMR) and the Norwegian
Environment Agency (NEA), Norway along with the
Department of Science and Technology of the UT of
Puducherry and Lakshadweep.
10. Ministry of
Minority Affairs
To ensure a smooth, safe and comfortable Haj pilgrimage for Indian pilgrims, the
Government of India makes extensive arrangements for the security, travel, stay and
wellbeing of Indian Haj pilgrims, both within India and in Saudi Arabia, in close
coordination with various stakeholders. This year, the preparation for Haj 2023 was
initiated by Ministry well in advance, by convening various interactive sessions on Haj
management with the aforesaid stakeholders. It has been ensured that all required
facilities including a fair online process for selection of pilgrims are available within
the timeline. The detailed guidelines for Haj 2023 for stakeholders have also been
finalized and issued on 06.02.2023.
The application form for Haj 2023 through Haj Committee of India has been made
free of cost, discretionary quota for VIPs/dignitaries has been abolished and
special arrangements shall be made for lady pilgrims, infants, divyangjan and
elderly.
Ministry of
Tribal Affairs
Hajj Policy (Feb 2023)
Guidelines for implementing the scheme “Administrative costs to
States/UTs for implementation of the schemes”
In the recent few years MoTA has taken several significant initiatives for
digitization of schemes and processes and in some of the major portals
States/UTs plays an important role as a stakeholder. In this regard, Multiple
monitoring units under different schemes came up as a major challenge which
further resulted in lack of integration.
To overcome this challenge and to provide comprehensive support to the
States/UTs governments, it is therefore proposed to support one integrated
monitoring unit for ST Welfare/Development program in States/UTs through
combining the provisions for administrative expenses under individual schemes.
The State Project monitoring Units are mandated to monitor Tribal welfare
programs and implementation of various provisions of various acts in letter and
spirit.
11. Ministry of Ports ,
Shipping and Waterways
Under the Sagarmala Programme, 70 projects worth Rs.2856 crore have
been sanctioned for the development of Coastal Berths, Ro-Ro/Ro-Pax
Jetties/Passenger Jetties etc. Out of which 15 projects worth Rs. 849
crore have been completed. A discount of 40% is offered by major ports
on vessel and cargo related charges to coastal cargo vessels. There is
reduction of GST on bunker fuels used in Indian Flag Vessels from 18% to
5%.
Initiatives under Sagarmala programme to facilitate shifting of cargo from
conventional land-based Transportation to coastal shipping mode
‘Sagar Manthan’, the Real-time Performance Monitoring Dashboard of
Ministry of Ports, Shipping and Waterways(MoPSW)
‘Sagar Manthan’, the Real-time Performance Monitoring Dashboard of Ministry of
Ports, Shipping and Waterways(MoPSW)
Union Minister for Ports, Shipping and Waterways and Ayush Shri Sarbananda
Sonowal virtually launched Real-time Performance Monitoring Dashboard of MoPSW
‘Sagar Manthan’ – Digital platform having all the integrated data related to the
ministry and other subsidiaries. This dashboard will transform the workings of
various departments by improving well-coordinated real time information.
Features of ‘SAGAR MANTHAN’dashboard :
1. Data visualization
2. Real-time monitoring
3. Improved communication
4. Data-driven decision making
5. Increased accountability
Green Tug Transition Programme(GTTP)
Aim of GTTP: To become a ‘Global Hub for Green Ship’ building by 2030 and reduce emissions as
the country moves towards achieving sustainable development.
More on the development:
• The first National Centre of Excellence in Green Port & Shipping (NCoEGPS) in Gurugram,
Haryana was inaugurated.
• The programme will start with ‘Green Hybrid Tugs’, powered by Green Hybrid Propulsion
systems.
• Eventually, non-fossil fuel solutions like Methanol, Ammonia, Hydrogen etc. would be adopted.
• At least half of all the tugs are to be converted into Green Tugs by 2030.
• It will help in achieving multiple objectives such as ‘make in India’, greater business opportunities
to become carbon neutral by 2070 and a greener environment.
• It will also help in achieving the UN’s SDG 14 to sustainably manage and protect marine & coastal
ecosystems from pollution, conservation & sustainable use of ocean based resources.
12. Disclaimer
This newsletter has been carefully prepared for general information
only. The Newsletter cannot be relied upon to cover specific
situations and you should not act, or refrain from acting, upon the
information contained therein without obtaining specific
professional advice. Please contact Finex to discuss these matters
in the context of your particular circumstances. Our firm in India,
their partners and/or directors, employees and agents do not
accept or assume any liability or duty of care for any loss arising
from any action taken or not taken by anyone in reliance on the
information in this publication or for any decision based on it.
A Joint Initiative by Finex Advisors Private Limited & The
Sustainability Foundation
Finex Advisors Private Limited
www.finexadvisors.com
contactus@finexadvisors.in
Our Offices
India
Delhi NCR
2nd Floor, The Iconic Corenthum,
Sector 62 Noida 201309
Bengaluru
Wework, Prestige Atlanta,
80 Feet Main Road, Koramangala
Bengaluru - 560034
UAE
Office 2015, The Burjuman Business Tower,
Shaikh Zayed Street, Al Mankhool, Dubai
All rights reserved. No part of this publication shall be reproduced without
prior consent.