The Indian Government is seeking to develop a comprehensive and overarching national policy on e-commerce. The Government’s Department of Commerce has set up a think tank for development of a Framework for National Policy on E-commerce.
India’s e-commerce sector is growing rapidly, with online retail projected to grow to $200 billion by 2026 from $15 billion in 2016. But challenges remain due to poor Internet penetration, inefficient delivery infrastructure in rural areas and financial inclusion issues. India was ranked 83rd in the UNCTAD (United Nations Conference on Trade and Development) B2C (Business‐to‐Consumer) E‐commerce Index, 2017, which evaluates the processes involved in an online shopping B2C transaction.
India has an abysmal record in public health. It presently spends a little over 1% of GDP on public healthcare, one of the lowest levels in the world.
The insurance scheme announced in the federal budget - dubbed "Modicare" after Prime Minister Narendra Modi by his supporters - would cover more than 500 million Indians and provide 500,000 rupees ($7,825; £5,520) in medical coverage for each family annually.
The culture and history of Southeast Asia is influenced by India, and also China to a large extent, as a dominant power in the past. India is poised today to regain its former glory, driven by its Act East policy.
The policy, first announced by Prime Minister Narendra Modi during the 2014 ASEAN Summit, is an upgraded iteration of the Look East policy of 1992, announced by then prime minister Narasimha Rao. India is now aiming for better engagements with countries to its east, including those of ASEAN, not only in the realm of economics, but also politics and security.
India’s biggest tax reform since independence was launched Saturday to a mixture of protests and confusion among businesses and consumers. Yet despite the initial implementation dramas, analysts have pointed to potential longer-term gains for Asia’s third largest economy.
Formally enacted in a late-night session of parliament Friday, the new goods and services tax (GST) has unified 29 states and 1.28 billion people into a single market for the first time. The move is expected to strengthen government finances, reducing complexity and boosting foreign investment, among other economic benefits.
Budget aimed at winning over voters in wake of controversial currency policy, say analysts.
With state polls ongoing, India's Finance Minister Arun Jaitley has unveiled a Budget that boosts government spending to help the poor while cutting tax rates.
The Budget unveiled yesterday represented an effort to win the support of voters by blunting the negative impact of the government's controversial move last year to get rid of black money by demonetising high-value currency, say analysts.
The Election Commission has announced a new set of measures for the assembly elections in five states which will take place from February 4 to March 8.
The Supreme Court ruled on Monday that seeking votes in the name of religion , caste, race, community or language by a candidate, his agent or anyone with his consent would be a corrupt electoral practice rendering the person open to disqualification.
The order, which some political and official sources felt would be of limited utility in a country teeming with parties appealing to regional, caste-based and community identities, widened the scope of Section 123(3) of the Representation of the People Act in order to "maintain the purity of the electoral process".
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