Source: Business Standard Relevance: Analysis of New Edible Oil mission Synopsis: The new edible oil mission launched by Central government offers both advantages and some issues. A brief look. Context In the backdrop of previous failed attempts to increase domestic oil seeds production, the government has recently set up Rs.11000 crore New Edible Oil Mission.… Continue reading Explore unconventional sources of edible oil
Category: 9 PM Daily Articles
Don’t let the new e-commerce rules ruin innovation
Source: Livemint Relevance: Implications of Consumer Protection (E-Commerce) Rules, 2020. Synopsis: Small internet outlets have flourished lately, but may find their operations hampered by compliance burden under the Consumer Protection (E-Commerce) Rules, 2020.. A brief look at some problematic provisions. Background Read here: Draft ecommerce rules – Explained, pointwise Reason behind increase in online businesses… Continue reading Don’t let the new e-commerce rules ruin innovation
Telcos need three more bold decisions
Source: Business Standard Relevance: Resolving issues plaguing the telecom sector in India Synopsis: Undoing the retrospective tax amendment affecting Vodafone Group and Cairn Energy among others was an excellent move, and proves what the government can do. These moves must now be followed by further policy changes. A brief look at some of them. Problems that… Continue reading Telcos need three more bold decisions
Tauktae, Yass and Planning for the next
Source: The Hindu Relevance: Cyclone, its impacts and mitigation strategies Synopsis: Cyclones in India, are the second most frequent phenomena causing widespread damage across the board. A brief look at cyclone scenario in India, the devastation caused by cyclones, including the protective measures that have been taken and can be taken in the future. Cyclones in India Every… Continue reading Tauktae, Yass and Planning for the next
India pivot from Look east to trade West
Source: LiveMint Relevance: To understand India’s Free Trade Agreements (FTA) Synopsis: India has signed numerous FTA’s, but they have not yielded expected results. As India embarks on a new spree to sign new trade deals, India needs to do its homework very well. Introduction India recently backed from Regional Comprehensive Economic partnership (RCEP). Probable causes include: Widening… Continue reading India pivot from Look east to trade West
India remains a very difficult country for dying companies
Source: Live Mint Relevance: Insolvency bankruptcy code and corporate failure Synopsis: The failure of Insolvency bankruptcy code to achieve its intended objectives is dubbed as ‘isomorphic mimicry’ by developmental scholars. What is ‘isomorphic mimicry’? It is the tendency of governments to mimic (copy) other governments’ successes, replicating processes, systems, and even products of the “best… Continue reading India remains a very difficult country for dying companies
India needs an ecosystem that’s conducive to MSME expansion
Source: Live Mint Relevance: Issues related to the growth of MSMEs in India Synopsis: We must adapt our policy settings to favor new opportunities for small businesses if we want them to play a big role in job creation. Context With 65% of India’s population below the age of 35, job generation by micro, small… Continue reading India needs an ecosystem that’s conducive to MSME expansion
What it’ll take to achieve goods exports of $400 billion?
Source: Livemint Relevance: Doubling India’s exports Synopsis: The blueprint for doubling India’s exports has already been crafted 10 years ago. It needs to be adapted to the modern times by incorporating suitable changes. A brief look at some factors that merit attention. Context India has set a target of merchandise exports of $450 billion in… Continue reading What it’ll take to achieve goods exports of $400 billion?
Give it a rest: SC reminds lower courts, cops to avoid unnecessary arrests. But bureaucratic habits die hard
Source: TOI Relevance – To differentiate between the right to arrest and need to arrest Synopsis: Supreme Court (SC) mentioned that arrest provision in law does not mean that government can use power indiscriminately to crush the personal liberty Introduction Recently, the SC has held that merely because the law allows arrest, it doesn’t mean that… Continue reading Give it a rest: SC reminds lower courts, cops to avoid unnecessary arrests. But bureaucratic habits die hard
An unworthy Chinese example that India ought not to emulate
Source: Live Mint Relevance: Economic policies of India Synopsis: India shouldn’t become too much restrictive to business by trying to copy recent policy actions of Chinese government. Background China’s crackdown on businesses has been going on steadily and continually. Initially, it was felt that the target was Jack Ma because he dared to challenge the system… Continue reading An unworthy Chinese example that India ought not to emulate
