Government Initiatives
A $10 billion investment is set for developing semi-conductor and computer chip manufacturing unit. Another 10,000 crore is announced for shipbuilding development in the Union Budget with expected funds from Exim Bank, IDBI and IFCI Ltd. [caption id="attachment_7067" align="aligncenter" width="621"] India imports 65% of the electronic products sold in the country, mainly China-made. Photo: Bloomberg[/caption] [caption id="attachment_7064" align="aligncenter" width="621"] In the past two years, two of India’s private yards—ABG Shipyard and Bharati Shipyard—had to opt for corporate debt restructuring with a clutch of banks as tardy cash flows and a lack of new orders strained their ability to repay loans. Photo: Bloomberg[/caption]
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Score0Rank#2
The Government of India and Sweden had signed a Memorandum of Understanding 5 years ago, related to research and innovation in the healthcare industry, and this cooperation has led to better quality healthcare. Mr J P Nadda, Union Minister for Health & Family Welfare, wishes to protect children between 1-19 from intestinal worms through the National Deworming initiative. The National Health Assurance Mission by Prime Minister Narendra Modi is another robust initiative for free treatment and medicines.
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Score0Rank#8
A $10 billion investment is set for developing semi-conductor and computer chip manufacturing unit. Another 10,000 crore is announced for shipbuilding development in the Union Budget with expected funds from Exim Bank, IDBI and IFCI Ltd. [caption id="attachment_7067" align="aligncenter" width="621"] India imports 65% of the electronic products sold in the country, mainly China-made. Photo: Bloomberg[/caption] [caption id="attachment_7064" align="aligncenter" width="621"] In the past two years, two of India’s private yards—ABG Shipyard and Bharati Shipyard—had to opt for corporate debt restructuring with a clutch of banks as tardy cash flows and a lack of new orders strained their ability to repay loans. Photo: Bloomberg[/caption]