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A big leap | Editorial Comment

Business Standard

[ad_1] After US chip-making giant Micron laid the foundation for constructing its first semiconductor plant in India in Gujarat last year, the country has increased its semiconductor ambitions. Recently, the Union Cabinet approved three more semiconductor units with investment worth Rs 1.26 trillion, including what will be India’s first semiconductor fabrication plant. Tata Electronics … Read more

Consumption shift | Editorial Comment

Business Standard

[ad_1] The government last week released some findings from the Household Consumption Expenditure Survey. The National Statistical Office conducted a broad survey on consumption in over 260,000 households between August 2022 and July 2023. This was the first such survey with findings that have been made public in over a decade. Although such a … Read more

Caring for the elderly | Editorial Comment

Business Standard

[ad_1] Sights of dying Italian villages populated only by the elderly and empty apartment blocks in China being demolished tell us a lot about the grim challenge of unfavourable demographics. In India too, an ageing population, coupled with a decreasing fertility rate and increased life expectancy, is set to offset the country’s demographic dividend … Read more