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India's infrastructure push needs new model, strong state support to succeed

Blog Blog Blog Blog 12 Apr, 2021 Author Eden Estopace The Indian government should bear the regulatory risks and actively invest in building new roads, ports and airports, experts say, as the country seeks to address the biggest drag on its economic growth potential by establishing a new financial institution to fund infrastructure projects. The Indian parliament in March passed a law to establish the National Bank for Financing Infrastructure and Development, a development finance institution that will aim to have a lending portfolio of at least 5 trillion rupees in three years and seek to attract multilateral institutions, sovereign wealth funds, pension funds, insurers, financial institutions and banks to raise money from the sale of financial instruments backed by state guarantees.

New delhiNirmala sitharamanNarendra modiAlok sheelDeepali seth chhabriaSandeep upadhyayBank ltdNational bankInternational economic relation sheelInternational economic relationsIndian council for researchInfrastructure leasing financial services ltdFinancing infrastructureIndian councilCentrum infrastructure advisoryMinister nirmala sitharaman

Despite Modi's 'Make in India' push, the share of manufacturing in GDP has remained stagnant

In 2011, when his nephew Deepak Sharma sought career advice, Ramniwas (who goes by one name), a former production line worker at Maruti Suzuki’s manufacturing plant in Manesar, Haryana, asked him to enrol for a diploma course in one of Haryana’s polytechnic institutes. “Technical line mein bohot scope hai [There are many opportunities for anyone with a technical education] ,” he told the 16-year-old . Sharma had just completed high school that year, in Guhna, an agricultural village in Haryana’s Kaithal district, about 200-km from Manesar, an industrial hub that is part of the larger National Capital Region of Delhi.

United statesNew delhiSouth africaUttar pradeshRam niwasHarvard universityUnited kingdomSouth koreaWest bengalDeepanshu mohanSonalde desaiRadhicka kapoorGreg bakerJudhajit chakrabortyRatan tataMaruti suzuki

Once A Ray Of Hope, Jobs In India's Manufacturing Sector Are Now A Pipe Dream

Once A Ray Of Hope, Jobs In India's Manufacturing Sector Are Now A Pipe Dream
indiaspend.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiaspend.com Daily Mail and Mail on Sunday newspapers.

United statesNew delhiSouth africaUttar pradeshHarvard universityUnited kingdomSouth koreaWest bengalDeepanshu mohanSonalde desaiRadhicka kapoorJudhajit chakrabortyRatan tataHaryana kaithalDeepak sharmaNarendra modi

Chile, India discuss furthering trade under Partial Scope Agreement

“India is a strategic market for Chile,” said Lopeandía. Delegates from Chile and India are discussing furthering bilateral trade under the so-called Partial Scope Agreement (PSA). Authorities from both countries are holding a series of virtual encounters due to round up Friday. Heading Chile s delegation is General Director is Felipe Lopeandía, general director of bilateral economic affairs within the Undersecretariat of International Economic Relations (Subrei) while leading India s team is Assistant Commerce Secretary Suresh Kumar. Among the topics being discussed are market access, rules of origin, sanitary and phytosanitary measures, and technical barriers to trade. In August 2019 then Chile s Undersecretary of International Economic Relations Rodrigo Yáñez signed an agreement with India s Secretary of Commerce Anup Wadawan, which set forth the terms of reference for the deepening of the trade agreement between both countries.

Suresh kumarAnup wadawanFelipe lopeandChile undersecretary of international economic relations rodrigoInternational economic relations subreiPartial scopePartial scope agreementGeneral directorInternational economic relationsAssistant commerce secretary sureshCommerce anup wadawanசுரேஷ் குமார்ஜநரல் இயக்குனர்சர்வதேச பொருளாதார உறவுகள்

Chile, India debate on strengthening bilateral agreement

Chile, India debate on strengthening bilateral agreement
plenglish.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plenglish.com Daily Mail and Mail on Sunday newspapers.

Suresh kumarAnup wadawanFelipe lopeandMinistry of commerceUndersecretary of international economic relations rodrigoPrensa latinaPartial scope agreementBilateral economic affairsInternational economic relationsCommerce anupசுரேஷ் குமார்அமைச்சகம் ஆஃப் வர்த்தகம்ப்ரெந்ஸ லத்தீன்சர்வதேச பொருளாதார உறவுகள்