7 PM | Sweet Freedom | 10th September, 2019

Context: Ethanol Blending Petrol programme can give solution to the surplus sugarcane production in India. More in news: The government in July decided not to hike the fair and remunerative price (FRP) of sugarcane for the 2019-20 season (October-September). The government approved an increase in the price of ethanol to be procured by public sector… Continue reading 7 PM | Sweet Freedom | 10th September, 2019

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7 PM | Throttled at the grass roots | 9th September, 2019

Context:  Local governments in India remain hamstrung and ineffective. What is the problem with India’s way of devolution of power and possible solutions to strengthen local government in India? What is devolution of power? Devolution is one of the most fundamental changes to the way decisions are made for local areas and how public services… Continue reading 7 PM | Throttled at the grass roots | 9th September, 2019

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7 PM | Bear hug: On India strengthening relations with Russia | 7th September, 2019

Context: India – Russia Relations. More in news: PM Modi launches ‘Act Far East’ policy to boost India’s engagement with Russia’s Far East. Addressing the plenary session of the 5th Eastern Economic Forum in Vladivostok, PM Modi extends $1 billion line of credit for development of Russia’s Far East. Act Far East Policy: ‘Act Far… Continue reading 7 PM | Bear hug: On India strengthening relations with Russia | 7th September, 2019

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7 PM | Democracy and its discontents | 6th September, 2019

Context: The failing system of democracy in western world. The problems with the Indian democracy and what India needs to do? Democracy: The word democracy comes from the Greek words “demos”, meaning people, and “kratos” meaning power; so democracy can be thought of as “power of the people”: a way of governing which depends on… Continue reading 7 PM | Democracy and its discontents | 6th September, 2019

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7 PM | Bank for the buck | 5th September, 2019

Context: consolidation of banks More in news: In what comes as the second wave of the government’s efforts to revive the economy, Finance Minister Nirmala Sitharaman on Friday announced a slew of banking reform measures, including merger of 10 public sector banks into four entities. Need for bank mergers in India: Fragmentation: Indian banking sector is highly… Continue reading 7 PM | Bank for the buck | 5th September, 2019

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7 PM | Centre must loosen purse strings| 3rd September, 2019

Context: present slowdown of economy More in news: Asia’s third largest economy expanded just 5.0% year on year, official data showed on Friday, far below the 5.7% forecast in a Reuters poll of economists Auto industry body SIAM on Monday sought immediate steps from the government, as sales continued to plummet with passenger vehicle makers… Continue reading 7 PM | Centre must loosen purse strings| 3rd September, 2019

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7 PM | A new ethics for a sustainable planet | 2nd September, 2019

Context: Climate change and the need for planetary ethics for a sustainable earth. More in news: Brazil’s Amazon forests are ablaze with dozens of fires, most of them set intentionally by loggers and others seeking greater access to forest land. The Brazilian President Jair Bolsonaro has stated that Amazon forests are an internal matter. The American President… Continue reading 7 PM | A new ethics for a sustainable planet | 2nd September, 2019

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7 PM | Govt. Needs to prudent in using RBI’s transfer | 30th August, 2019

Context: RBI’s Economic Capital Framework (ECF) and its significance More in news: The Reserve Bank of India, in consultation with the Government of India, had constituted an expert committee, under chairmanship of Bimal Jalan, to review whether the central bank was holding on to too much of its reserves. What is economic capital framework? The… Continue reading 7 PM | Govt. Needs to prudent in using RBI’s transfer | 30th August, 2019

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7 PM | Why women are still being treated as unequal to men | 29th August, 2019

Context: Moving towards gender equality. Gender equality: Gender equality is achieved when women and men enjoy the same rights and opportunities across all sectors of society, including economic participation and decision-making, and when the different behaviours, aspirations and needs of women and men are equally valued and favoured. Gender parity: Gender parity is a statistical… Continue reading 7 PM | Why women are still being treated as unequal to men | 29th August, 2019

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7 PM | Rediscovering development banks | 28th August, 2019

Context: Significance of Development banks for Indian economy Development Banks: A development bank is a ‘bank’ established for the purpose of ‘financing development’. They provide medium and long-term finance to the industrial and agricultural sector. They provide finance to both private and public sector. Development banks are multipurpose financial institutions. They do term lending, investment… Continue reading 7 PM | Rediscovering development banks | 28th August, 2019

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