Synopsis: Permanency of large foreign firms operating for decades is slowly on the decline. That is why, domestic capital formation and private investments should step in. Introduction The most recent labour statistics, for August 2021, released by the Centre for Monitoring Indian Economy (CMIE) shows that the unemployment rate has increased from around 7% in… Continue reading When global firms disengage, employment suffers
Category: 9 PM Daily Articles
Why India must strengthen its public sector
Synopsis: The sale of giants like BPCL, BEML or SCI would undermine India’s “Atmanirbhar” goal. Privatisation compromises India’s sovereignty and economic freedom, threatening its energy security and strategic postion. Introduction Today, 28% of the world’s largest and most powerful economic entities are state-owned, dominated largely by the Chinese State-Owned Enterprises (SOEs). China today has 124… Continue reading Why India must strengthen its public sector
Building more inclusive, welcoming schools for LGBTQ+ children
Synopsis: Not just infrastructure and process revamp, we also need reforms in curriculum and teacher education. Introduction This article highlights the discrimination faced by the non-binary gender. Recently, during the Shiksha Parv conclave, PM also emphasized the need for inclusive and equitable education. Recently, Kerala High Court brought attention to medical textbooks that described non-binary… Continue reading Building more inclusive, welcoming schools for LGBTQ+ children
Complex count: On caste census
Synopsis: A precise caste census is difficult, but the data will be useful to drive social policy. Introduction This article talks about the complexities that are inherent in the caste census. There are challenges in conducting a caste census, but given the merit of such a census, should we go ahead with the census? What… Continue reading Complex count: On caste census
India dithered over projecting naval power. Now it’s been pushed to the sidelines of the Indo-Pacific
Relevance: To know about India’s missed opportunities to improve international cooperation. Synopsis This article explains the opportunities that India missed, which ultimately led to the formation of the AUKUS alliance. Introduction Recently, the US, UK, and Australia announced a new trilateral security partnership for the Indo-Pacific named the AUKUS. Recently, the US has clarified that… Continue reading India dithered over projecting naval power. Now it’s been pushed to the sidelines of the Indo-Pacific
India’s consumer map is rapidly being redrawn by major trends
Synopsis: Companies must adapt to a market of rising incomes, digital innovations, new consumers and altered consumption curves. Introduction Pandemic shocks and aftershocks make the immediate economic outlook more uncertain. However, prospects for India’s consumption remain robust as incomes are projected to rise and millions more will experience growth in their spending power. Which factors… Continue reading India’s consumer map is rapidly being redrawn by major trends
Human resources & regulatory autonomy
Synopsis: Statutory regulatory authorities need autonomy in staffing their organisations with specialists who have integrity and knowledge. Introduction Recently, the chairman of the National Financial Reporting Authority (NFRA) called for a “standalone legislation”. He stated that, in the interest of functional, financial and administrative autonomy of the NFRA, there is a compelling need for a… Continue reading Human resources & regulatory autonomy
Managing risks of a green economy
Synopsis: A rapid transition to renewable energy, which is necessary, will disrupt a number of businesses. Introduction Climate change will affect lives and livelihoods across the globe with some countries getting disproportionately impacted. According to a recent report by the Swiss Re Institute, climate change could reduce global gross domestic product by 18% by 2050… Continue reading Managing risks of a green economy
A climate change narrative that India can steer
Synopsis: The Glasgow COP26 meet offers India a chance to update its Nationally Determined Contributions to meet climate targets. Introduction Recently, Ministry of Earth Sciences (MoES) published a report titled “Assessment of Climate Change over the Indian Region”. This report reveals that India has warmed up 0.7° C during 1901- 2018. What are the findings of the assessment?… Continue reading A climate change narrative that India can steer
The state of agriculture in India is only going from bad to worse
Synopsis: Our agricultural sector has been in a state of perpetual decline after 2012-13 and is reeling under such shocks as back-to-back droughts, demonetization and the COVID-19 pandemic. The latest Situation Assessment Survey adds to findings that reveal worsening agrarian distress. Introduction Recently, the National Statistical Office released the Situation Assessment Survey (SAS) of agricultural… Continue reading The state of agriculture in India is only going from bad to worse
