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Govt defines e-commerce marketplace rules, allows 100% FDI (GS 3 ,Livemint )

DIPP has also come out with the definition of e-commerce, inventory-based model and marketplace model he government on Tuesday allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called “marketplace model” through the automatic route, seeking to legitimize existing businesses of e-commerce companies operating

Government protection will create ‘third-class companies’: Amitabh Kant (Hindu )

Niti Aayog CEO Amitabh Kant slammed Indian industry for constantly seeking protection from the government in order to compete with cheaper imports and said such a ‘19th century’ approach to doing business will only create ‘third-class companies.’ “We have overprotected our companies, including automobile companies, for far too long. Every

Five reasons why defence production in India will take off (manufacturing ,GS 3 ,Make in India ,Defence)

Since assuming office, the National Democratic Alliance (NDA) government has been stressing that defence manufacturing is a crucial pillar to revitalise the manufacturing sector and put India on the road to self-reliance in defence products. The Make in India initiative is over 18 months old and despite promises from a

Tuesday Economy Qiz with Solution (forumias )

Q.1) Which of the following initiative has not been covered under the Bharatmala Project?a) Construction of roads along India’s borders and coastal areasb) Improving connectivity of non-major ports, religious and tourist placesc) Development of newly declared national highways in district headquartersd) Improving connectivity by inland waterways Ans- d Explanation-  Bhartmala is