The region surrounding the Bay of Bengal has a diverse natural legacy, including mountains, plains, estuaries, and marine ecosystems. However, climate change and environmental degradation pose a growing threat to these natural assets. BIMSTEC provides a key venue for these countries to engage on climate change mitigation, natural resource conservation,…
Search Results For“technology”
A strategy for securing critical minerals
Advanced materials, critical minerals and metals are revolutionising nations’ progress as they are widely employed in both industrial and strategic sectors. From renewable energy to electronics and healthcare, these materials are essential for innovation and play a crucial role in addressing key socio-economic challenges, such as climate change and improved…
Digital Public Infrastructure: A Fertile Ground for Indian Agriculture
India’s agricultural industry, which is the backbone of the country’s economy, has long faced issues such as low productivity and market volatility. To overcome these difficulties and usher in a new era of agricultural prosperity, the government’s initiative to establish Digital Public Infrastructure (DPI) is noteworthy. Agri Stack InitiativeFinance Minister…
India as a Global MedTech Hub: Progress and the Road Ahead
India is rapidly emerging as a global hub for medical technology, ranking as the 4th largest MedTech market in Asia and among the top 20 globally. The sector is projected to reach USD 50 billion by 2025, driven by an increasing demand for healthcare services, a growing elderly population, and…
Budget 2024: Right recipe prepared for jobs with proposals to facilitate employment, skilling of youth
The Economic Survey 2023-24 estimates that India needs to generate about 78.5 lakh non-farm jobs annually until 2030 to gainfully employ the Indian youth entering the workforce. With proposals to facilitate employment, skilling and other opportunities for 4.1 crore youth over the next five years, the Union Budget 2024-25 will…
An inclusive Budget with its focus on growth, jobs
The Union Budget 2024-25 exemplifies the unwavering dedication of the finance minister to provide a medium-term vision and an all-encompassing blueprint for a prosperous, environmentally sustainable and technologically advanced India. With an objective of having the nation proceed on the “Amrit Kaal” journey with gusto and join the league of…
Future of Economic Transformation: Integrating Rural and Urban Economies
Introduction The economic transformation of India hinges on the empowerment of its rural economy, aiming to elevate productivity through targeted interventions. The seamless integration of rural and urban economies can unlock immense potential for sustainable development, job creation, and inclusive growth. Achieving the vision of a developed India necessitates a…
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…
The Future of Food: Innovations in Plant-Based Protein and Cultured Meat
The food industry is witnessing a revolution with the advent of plant-based proteins and cultured meat, promising to reshape how we produce and consume food. These innovations offer a sustainable alternative to traditional meat, addressing environmental concerns and responding to changing consumer preferences. Advancements in Plant-Based Protein Plant-based protein has…