According to a report released by Meta, India’s start-up ecosystem has witnessed exponential growth over the last decade.
Key Highlights
It identified six key levers of growth of India’s startups such as: AI adoption, cross-border expansion, omnichannel presence, Tier 2/3 market expansion, category diversification, creator-led brand building.
Integration of AI: Over 70% of startups were integrating artificial intelligence into their business operations.
Sectors such as healthcare, edtech, and beauty were leading in AI maturity, leveraging automation for customer service, predictive analytics, and personalisation.
Tier 2 and 3 Market Focus: Emerging as the new growth area.
In a recent address, the US President signaled the possibility of a ‘very big’ trade deal with India, suggesting that negotiations between the two nations are gaining momentum.
Key Concerns in US-India Trade Relations
Tariff Disparities: India maintains one of the highest average applied tariffs among G20 nations — around 17%, compared to the US average of 3.3%. India is seeking full exemption from these duties.
The US is looking for greater market access, especially in sectors like agriculture, dairy, and industrial goods.
Agriculture and Dairy Sensitivities: India is cautious about opening its agriculture and dairy sectors, citing the need to protect small farmers and domestic producers.
These sectors are politically sensitive and have become major sticking points in trade talks.
The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) released the annual publication of “Statistical Report on Value of Output from Agriculture and Allied Sectors (2011-12 to 2023-24)”.
About
It is a comprehensive document which provides detailed tables on values of output of Crop, Livestock, Forestry & logging and Fishing & aquaculture sectors of Agriculture & allied activities from 2011-12 to 2023-24 at both current and constant (2011-12) prices.
The Union Minister of Ports, Shipping & Waterways (MoPSW) inaugurated Sagarmala Finance Corporation Limited (SMFCL).
Sagarmala Finance Corporation Limited (SMFCL)
It was formerly known as Sagarmala Development Company Limited.
It is a Mini Ratna, Category-I, Central Public Sector Enterprise and has been formally registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI) .
