At the 19th Sustainability Summit organized by the Confederation of Indian Industry (CII) on 17 September 2024 in New Delhi, Shri Bhupender Yadav, Minister for Environment, Forest and Climate Change, addressed the critical concerns of sustainability. Highlighting India’s achievements in the realm of environmental stewardship, Shri Yadav expressed pride in…
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Strengthening India’s Participation in Global Value Chains (GVCs): Initiatives and Future Prospects
Global Value Chains (GVCs) play a pivotal role in the globalized economy, allowing countries to become part of international production networks that enhance economic growth and competitiveness. For India, deeper integration into GVCs presents significant opportunities to leverage its industrial strengths, boost exports, and create high-quality jobs. With recent initiatives…
Empowering India’s Workforce with Digital Skills for a Sustainable Future
Introduction As the global economy undergoes a digital transformation, the importance of digital skills in the workplace is undeniable. In India, a country with a vast and youthful workforce, equipping individuals with digital skills is essential to foster economic growth and maintain competitiveness on the global stage. Let’s explores the…
Driving Change for a Sustainability Conscious World
The 19th Sustainability Summit will deliberate on tangible actions in driving sustainable change For societies and ecosystems to survive and thrive, combined efforts are required to build the regenerative capacity of Earth. A holistic systems approach is critical for implementing sustainability strategies tackling complex challenges and improving the world. Discussions…
AI: What Does the Future Hold?
The future of Artificial Intelligence (AI) promises profound transformations across all sectors, driving advancements that enhance automation, improve decision-making, and unlock new levels of efficiency. AI is not only an enabler for advancing current investments in technology and innovation but also a significant contributor to economic growth. In India, AI…
Celebrating National Handloom Day: Weaving a Legacy of Tradition and Sustainability
Every year on August 7th, India celebrates National Handloom Day, a tribute to its rich heritage of traditional weaving and the invaluable contributions of handloom weavers. This day not only commemorates the Swadeshi Movement, which was launched on this date in 1905 to revive domestic products and production processes, but…
Trade, tech & sustainability: Engines for long-term growth
Finance and Corporate Affairs Minister Nirmala Sitharaman is poised to set a historical precedent. When she presents the complete Union Budget for 2024-25 on July 23, she will become the first finance minister to present seven consecutive budgets. The Interim Budget of February underscored the government’s commitment towards realising the…
Industry hopes for sustained growth, competitiveness & building inclusion
The Union Budget 2024-25 has a special significance. It comes at a time when the Indian economy is in top gear, having clocked a stellar 8.2 per cent growth for 2023-24. The forthcoming Budget should sustain this growth momentum. Being the first Budget of the new government, it should set…
Semiconductor Manufacturing: A Path to Sustainable Economic Growth for India
The semiconductor industry, often hailed as the backbone of modern electronics, is pivotal for global economic growth and technological advancement. Recognizing this necessity, India has embarked on a long-term venture to establish itself as a significant player in the semiconductor manufacturing industry. This journey, while laden with challenges, holds immense…
Growing SMEs Through Tailor Made Finance
Small and Medium Enterprises (SMEs) are the lifeblood of India’s economy, driving innovation, creating jobs, and fostering regional growth. SMEs frequently encounter major obstacles when trying to obtain timely and sufficient financing, despite their crucial role in society. It is not only practical to address this crucial issue; it is…