Technology Export control in India-SCOMET list

(Source: NASSCOM)

Four Multilateral Export Control Regimes (“MECRs”) came into force in the wake of India’s nuclear tests in 1974 and Iraq’s use of chemical weapons during the Iran-Iraq war in 1980-1988. MECRs sought to control the trade of dual-use (both civilian and military) goods, services and technology (collectively referred to as “items”). India is a member of three MECRs and maintains a list of items controlled for export: the Special Chemicals, Organism, Material, Equipment and Technologies (“SCOMET”) list. India has aligned itself with the MECRs and ensures that it closely scrutinizes trade of SCOMET items to prevent them from falling into the wrong hands and being utilised for illegitimate purposes. However, this also affects entities who trade SCOMET items for legitimate business purposes.  

Further reading:

https://www.ikigailaw.com/export-control-in-india-the-scomet-list/

https://nasscom.in/sites/default/files/SCOMET08ITT_Booklet_NASSCOM_24072021.pdf

Modelling Scenarios

Policy economist Suman Bery joined NITI Aayog as Vice-Chairman.  For four years, (until mid-2016) Mr Bery was Chief Economist of Shell International, based in The Hague (The Netherlands). He was part of the senior leadership of Shell’s global scenarios group, exploring pathways that would allow the world to reconcile decent living with lower carbon. While with Shell he collaborated with Indian research institutions on scenarios for Indian energy policy. (Energizing India. Sage, 2017. New Delhi).

Scenario writing

A scenario is a written description of a situation. Kahn and Wiener(1967) defined Scenarios as follows: “Scenarios are hypothetical sequences of events constructed for the purpose of focussing attention on casual processes and decision points.” Scenario planning is not a 'tea leaf'-type technique. It does not generate forecasts of the future, but instead, paints pictures of possible futures. The aim is not to sit back and wait for the future to happen, but to prepare for what might actually occur. Scenario planning allows decision makers to anticipate potential futures and prepare action plans today that will safeguard their organisations, tomorrow, whatever actually does take place. Scenario planning gives more than a statistical measure of possible future, it should give a feel of living in the future, a sort of journey on a time machine. 

(Further reading- Timing it right with Technology Forecasting)

Shell Scenarios

Shell has been developing possible visions of the future since the early 1970s, helping generations of Shell leaders, academics, governments and businesses to explore ways forward and make better decisions. Shell Scenarios ask “what if?” questions, encouraging leaders to consider events that may only be remote possibilities and stretch their thinking.

https://youtu.be/nwub4Bhr-aM

Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS)

(source: https://eracon.info/assets/files/2020/presentations/CP1.pdf)
 

Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) provides financial incentive of 25% on capital expenditure for the identified list of electronic goods that comprise downstream value chain of electronic products, i.e., electronic components, semiconductor / display fabrication units, ATMP units, specialized sub-assemblies and capital goods for manufacture of aforesaid goods. The scheme is open to receive applications till 31.03.2023. As on February 28, 2022, the Executive Committee (EC) has approved 23 applications with total project outlay of Rs.6,816 crore and committed incentives of Rs 1,245 crore.