India can provide export incentives for 10 more years under the WTO, says Sibal
GN Bureau | January 21, 2013
Of late, government unfolded a policy framework for creating an ecosystem of Electronics System Design and Manufacturing (ESDM) in the country. The new policy has been formulated to cover sectors like avionics, automotive electronics, medical electronics, LEDs.
Speaking at a roundtable on ESDM, Sibal said that while the policy framework has been created, several steps need to be taken to enhance ease of business and reduce transaction costs. He said that the government has provided for a time line for approving all projects under the modification of special incentive package scheme (MSIPS).
During the industry meet, Sibal also received the first MSIPS application of over Rs 550 crore investment from Bosch Electronics India.
"India’s market and human resources will be huge determinants of this century. The demographic profile of the world will increasingly move greater and greater economic activity to India," Sibal said.
He pointed out that we are in the process of developing a scheme to scale up the number of PhDs in the country in the electronics sector, the target being to reach 2500 PhDs per annum by 2020.
He exhorted the participants that there is also a huge opportunity to export from India. India can provide export incentives for 10 more years under the WTO. "Use that opportunity and export from India," he urged the industry leaders.
Joseph A Cannataci is the UN’s first and current special rapporteur for the right to privacy appointed by the Human Rights Council (HRC) in July 2015. His appointment came with growing global concerns about threats to privacy in the digital age where governments and big corporations collect
Those who attempt suicide will no longer face criminal charges under the Indian Penal Code (IPC), once the Lok Sabha passes the “The Mental Healthcare Bill”. The government has introduced “The Mental Healthcare Bill”,
There are challenges with the regulation of medical education for Indian Systems of Medicine and Homoeopathy, said a Niti Aayog report. A Preliminary Report of the Committee on the Reform of the Indian Medicine Central Council Act 1970 and Homoeopathy Cen
Chitra Banerjee Divakaruni was born in Kolkata and has spent most of her life in Northern California. The two cultures are reflected in her writings. Two of her books, The Mistress of Spices and Sister of My Heart, have been made into a movie and TV serial, respectively. Palac
Here are five highlights of the resolution that was passed by the British parliament over Gilgit-Baltistan in Pakistan. Read: Resolution in British parliament
Would AAP do well in the Delhi civic elections?