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October 13
August 25 WHAT? The Export Promotion Mission (EPM) is a flagship initiative announced by the Indian government in the Union Budget 2025-26 to bolster the country's export sector amid global trade challenges, such as rising tariffs and economic uncertainties. It aims to promote broad-based, inclusive, and sustainable export growth by addressing key bottlenecks, particularly for Micro, Small, and Medium Enterprises (MSMEs), through enhanced access to affordable credit, market development, compliance support, and integration into...
June 18 SUMMARY Published on June 16, 2025, the article from The Hindu explains the Indian government’s recent decision to relax key rules governing Special Economic Zones (SEZs) to boost domestic manufacturing of semiconductors and electronics components. This move is part of a broader strategy to reduce India’s reliance on imported high-tech components, strengthen its position in global supply chains, and align with initiatives like the Semicon India programme. The amendments to the SEZ Rules, 2006, aim to address the...
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May 26
May 21
May 21 SUMMARY President Donald Trump has unveiled the "Golden Dome," a proposed $175 billion missile defense system designed to protect the United States from advanced threats posed by nations like China, Russia, Iran, and North Korea. This initiative marks a significant shift in U.S. defense strategy, aiming to integrate land, sea, and space-based technologies to detect and intercept various missile threats, including ballistic, cruise, and hypersonic missiles. Key Features of the Golden...
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May 10
April 10 The Indian government has terminated the trans-shipment facility that allowed export cargo from Bangladesh to third countries like Bhutan, Nepal, and Myanmar using Indian land customs stations to ports and airports. WHAT IS THE FACILITY? Bangladesh is sorrounded by India from all the sides except it's south where if borders Bay of Bengal. Therefore India had allowed trans shipment facilities to Bangladesh in 2020 in which it could use India’s land borders to move it’s goods to Delhi and then to Europe...
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