Synopsis: Lenders must be less afraid of regulators and agencies so that they can aggressively restructure debts. Introduction In India, there is a “NPA Scare”: An inflated fear of NPAs and lender losses. Failure of a business and credit losses are unavoidable in lending. We will hinder economic growth if we avoid all NPAs or demonise… Continue reading Let’s step back from the NPA Scare
Category: 9 PM Daily Articles
India’s debt-to-GDP ratio at a 14-year high
Relevance: Present situation of India’s economy, dealing with a high debt burden and an increased Fiscal Deficit. Synopsis: High Fiscal Deficit, a very high Debt-to-GDP ratio and a high amount of external debt have raised concerns over debt sustainability. Few concerns and possible solutions. Rise in Fiscal Deficit & Debt-to-GDP ratio Fiscal Deficit = 9.3% of… Continue reading India’s debt-to-GDP ratio at a 14-year high
Police reforms are not enough
Synopsis: Police reforms are much needed in India. In this respect, India can learn a lot from the George Floyd trial. Killing of George Floyd was in news a few months back. In USA it sparked mass protests culminating in the conviction of the police officer involved in the case. Why an erosion of public trust in the police… Continue reading Police reforms are not enough
Pakistan on FATF grey list- What does it mean for India?
Synopsis: Pakistan’s has been retained on Financial Action Task Force (FATF) grey list. Pakistan will stay on FATF grey list for now. Pakistan missed the mark by one crucial action point out of 27 – being judged deficient in prosecuting the senior leadership of UN-proscribed terror groups. Read more – Pakistan to remain on FATF greylist -ForumIAS Blog FATF and Pakistan Many in the Pakistan are… Continue reading Pakistan on FATF grey list- What does it mean for India?
On the margins with full equality still out of reach
Relevance: The LGBTQ+ community is one of the most vulnerable sections in India and mainstreaming them is a great challenge. Synopsis: The global LGBTQ+ community marched ahead after the 1970s. But in India, it was not the case. Despite the Constitution focus on liberation, the marginalised segments such as LGBTQ+ did not receive enough attention so far. What is section… Continue reading On the margins with full equality still out of reach
How the Constitution was subverted during Emergency
Relevance: Proclamation of National Emergency is a test to India’s democracy, in that India passed with distinction. Context: It has now been 46 years since the beginning of National Emergency. India overcame the National emergnecy by strengthening the ideals and aspiration of Constitution makers. About the proclamation of National Emergency in 1975: On the midnight of June 25-26, 1975, the President of India on the advice of Indira… Continue reading How the Constitution was subverted during Emergency
Thaw on the western front
Relevance: India’s engagement with Taliban and Pakistan, and political parties Kashmir valley will stabilize its western front. Synopsis: Hijack of IC-814 flight by Taliban made India look West. Now, in the light of US withdrawal of troops from Afghanistan, India is again trying to reshape its strategic outlook towards Western region. Why is India engaging with Taliban? India is talking to the Taliban because the… Continue reading Thaw on the western front
New Globalization would yield mixed results for India
Synopsis: The old globalization was essentially good for India. The new globalization could be a mix of good and bad news. Background: Some of the traditional forms of globalization (the free movement of goods, money, people, etc) are in partial retreat. Globalization is transforming as new agendas come into focus. These agendas include action on controlling climate change, taxing… Continue reading New Globalization would yield mixed results for India
Periodic shutting of national parks is beneficial for animals
Context: The decision of Uttarakhand government to allow all year opening of two tiger reserves for tourist has been criticized by many experts. They believe that the move will disturb the ecological balance of the forest. Background: Uttarakhand forest minister announced that the state’s two Tiger Reserves — Corbett and Rajaji — would now remain open for tourism. The… Continue reading Periodic shutting of national parks is beneficial for animals
Issues with Mandatory Vaccination
Synopsis: Vaccination is a prerequisite for tackling the Pandemic. However, mandatory vaccination interferes with a person’s right to integrity and his/her personal choice. Therefore, focus should be placed on using persuasive techniques rather than coercing the masses for vaccination. Background: The easing of second wave has induced the states to relax the nearly-two-month long lockdown. Nonetheless,… Continue reading Issues with Mandatory Vaccination
