The Ministry of Defence released a Draft Defence Production and Export Promotion Policy (DPEPP) 2020 on August 03, 2020. This appears to be the second draft of the draft Defence Production Policy 2018, albeit coupling it with an exports promotion policy also – thereby focusing on the twin objectives of enhancing self – reliance (Atmanirbhar Bharat) and boosting exports. (Download to read more…)
In a landmark announcement, thirty-four years after the establishment of the National Policy of Education 1986, the Ministry of Human Resource Development (MHRD) has released the New Education Policy (NEP) 2020 along with rechristening itself as the Ministry of Education. We welcome the announcements and look forward to the unfolding of initiatives promised in the Policy. (Download to read the full policy update)
The Department of Pharmaceuticals launched a ‘Production Linked Incentive Scheme’ on 21st July 2020, to address the constraints in the manufacturing of medical devices in India vis-à-vis other major manufacturing economies and to boost domestic production and to attract significant investments in the medical dev ices sector. This announcement is in line with the Government’s Aatma Nirbhar Bharat vision, wherein the Indian industry would be strengthened to enhance focus on value addition. Linking incentives to production will encourage domestic manufacturing, thereby reducing India’s dependence on imports which contribute about 85% of the segment. Such initiatives also support a competitive ecosystem, which can attract large global players to invest in the Indian manufacturing ecosystem.
Cybercrime in India and globally have surged amidst the lockdown, and we believe this trend would continue in days and months to come, thus requiring a need for a sustained IEC campaign to make people aware, for people to be more careful about fraud and fake sites and for cyber police and cyber defence teams to crack down on these with higher intensity and speed. According to a recent Reuters report… (Download to read more.)
Primus Partners has created Chemical indexes based on stock price movement of Chemical stocks. Over 43 stocks have been analysed over 5 year period to create 5 indexes of Chemical Segments : Fertilizer, Refinery, Colorants, Agrochem & Chlor Alkali. Nifty moved from 11,118 on 1 Jul 2019 to 10,430 on 1 Jul 2020, a drop of 6% 4 of 5 chemical indexes actually showed significant growth and outperformed the market significantly.
While sales are struggling in most categories, fertilizers are booming.
National Institutional Ranking Framework (NIRF) ranks the participating Higher Educational Institutions (HEI) on five parameters: Teaching, Learning & Resources, Research & Professional Practice, Graduation Outcomes, Outreach & Inclusivity and Perception, with weights assigned based on type of institution. The NIRF aims to recognize top performing institutions and pro mote competitiveness in the higher education space. Given the importance of online education, driven further by the COVID-19 crisis, the framework can be made more robust by including parameters that assess the online readiness on institutes – technology infrastructure, online content and instructor training.
When it comes to the consumption pattern by consumers of different categories, in 2018-19, 41% of total electricity consumption was for industrial purposes, while 25% and 18% was for domestic and agricultural purposes, respectiv ely. As the lockdown rigorously reduced the industrial and commercial activities in the country, these segments witnessed a considerable decline in demand for electricity.
Electricity consumption and economic activity are closely related since most economic activity needs electricity. According to the World Bank…
India’s chemical industry is anoutperformer from global standards, from the perspective of returns to shareholders. The market is an attractive space for players looking out for growth. This outperformance of the industry has led to high expectations for sustained, continual growth of the industry’s top line and bottom line. The broad-level perspective on the Indian business environment indicates that while the short-term outlook is challenging, the country’s long-term growth story remains positive.
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India’s development model relies on building competent, sustainable and resilient societies, where learning communities of school and college systems lay the foundations to drive inclusive growth. While COVID-19 has challenged the very premise of our education provision, can we use this moment in time to effect a dramatic shift in the New Education Policy? We hope that the experiences from different parts of the country as a response to alternate learning approaches straddling offline and online can help inform policy across primary, secondary and tertiary education.
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