Anuradha Shukla is a Senior Assistant Editor at The Quint. She specializes in themes related to energy and mining, finance, investment, and health and wellness, often exploring the intersections of these fields. Anuradha's insightful work has been featured in prominent publications including The Economic Times, MSN, and MDPI.
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India (National)
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By: Anuradha Shukla
Floating Solar Battery Storage Scheme: The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.
The government is reviewing imports of non-essential items and goods where import dependence is low, among other measures to curtail the countrys import bill and encourage domestic capacity creation, officials privy to the matter said.
By: Anuradha Shukla
If necessary, the government can impose higher duties or selective restrictions to curb such imports. India's merchandise trade deficit widened to $28.4 billion in April, from $20.7 billion in March, adding to balance of payments concerns amid portfolio outflows and tepid foreign direct investment.
By: Anuradha Shukla
The government is set to link fertiliser sales with the national AgriStack database. This digital initiative aims to prevent the misuse of subsidised nutrients and monitor farm-level usage. Authorities will match fertiliser purchases with farmer IDs and land details. This will help identify excessive buying and estimate nutrient needs.
By: Anuradha Shukla
The move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure that subsidy outlays boost domestic production capacity rather than increase import dependency.
By: Anuradha Shukla
The Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court upheld a 28% GST levy on the full bet value. This ruling validates tax evasion allegations of approximately ₹1 lakh crore against around 80 companies, paving the way for significant recovery proceedings.
By: Anuradha Shukla, Subhayan Chakraborty
India is updating its mobile phone production incentive scheme. The new plan targets over 55% domestic value addition. It will also link with component manufacturing schemes. This aims to boost local sourcing of crucial parts. The government wants to reduce reliance on imports for high-value components. This move follows concerns about current import dependence.
The updated production-linked incentive (PLI) scheme for mobile phones may target domestic value addition of more than 55%, officials told ET.
By: Anuradha Shukla, Subhayan Chakraborty
In a bold move to reshape the electronics industry, India is enhancing its mobile phone production incentives with a focus on achieving over 55% domestic value addition. The new plan emphasizes local component manufacturing, effectively reducing the reliance on imports of key parts.
By: Anuradha Shukla, Subhayan Chakraborty
The new plan emphasises local component manufacturing, effectively reducing the reliance on imports of key parts.
