|| SHANIWAR SAMWAD || 30-09-2023

 Things are moving fast pace, after G20 lots of activity has  happened. On last Saturday foundation for first Semiconductor plant had been done in Gujrat so the new 9 Vande Bharat trains, Women reservation bill cleared and inclusion of  bond market in  International Bond market. 

We started Semiconductor mission last year with total subsidy outlay of  around $10B, with one proposal was fallen out.

The project of Micron, which have software unit in India has put the motion of building plants, to be opened by Dec 2024 along with eco system of vendors are also coming to our country.

Other interested parties who want to start their plant under ISM scheme are coming with firm proposal and will get subsidy as per their planned commitment and production.

Even our home grown conglomerate TATA group is coming with full stream in electronics and semiconductor manufacturing, as they have inherent advantage of software power and also some expertise in hardware as they have companies in that domain.

It is very good or the best thing where our own enterprises with deep pocket are involved  to develop and nurture the sector and to put money on innovation for future.

Vande Bharat trains are giving not only pleasant travel experience but making our transport system self dependent and it has potential for export in future as cost per unit is very less and high reliability. This is our product.

Women reservation bill is landmark bill as it is going to take us era where we had women in leadership position with full participation on major issues. In ancient time we were global super power due to equal status of women. Slowly we will achieve that in future.

Lastly, we are part of bond index of J P Morgan Chase, as they think we are stable, transparent and growing economy.  Remaining index for bonds like Barclay will add us. It will bring stable money which we need for our progress. It will decrease our cost of fund and our currency will appreciate in coming time which will reduce our import.

We are little late and slow but not stopped and moving with good pace, results are and will be visible in due course of time.  



Location: India

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