Category: 9 PM Daily Articles

Modinomics and the long distance to the finish line

News: Recently, the National Statistical Office (NSO) announced that the fourth quarter GDP growth rate of the FY 2021-22 stands at 4.1% compared to fourth quarter figures for the previous year, 2020-21. What are the important considerations in terms of the Indian Economy? Some Indian economists believe that the Indian economy has been consistently declining… Continue reading Modinomics and the long distance to the finish line

External vulnerabilities: Time for a rupee review

News: India’s exports in May were up 15.5% on last year’s figure. On this upbeat momentum, India could see another year of robust exports, beating the $418 billion record set in 2021-22. High oil prices are also a major reason for a rise in exports this year, since petroleum products made up a big share… Continue reading External vulnerabilities: Time for a rupee review

New WHO report on assistive technology for disabled provides a roadmap for India

News: The World Health Organisation (WHO) and United Nations Children’s Fund (UNICEF) jointly launched the first Global Report on Assistive Technology (GReAT) on May 16. Contents1 What is Assistive technology (AT)?2 What are the findings of the GReAT report?3 What are the challenges regarding access and coverage wrt AT?4 Way forward What is Assistive technology… Continue reading New WHO report on assistive technology for disabled provides a roadmap for India

The IPEF holds promise but there are perils too

News: Recently, the US President Joe Biden has established the Indo-Pacific Economic Framework for Prosperity (IPEF) which is said to be a new version of a “pivot to Asia”. Contents1 Background2 Objectives3 Features4 Significance5 What are the associated issues? Background The US President had first spoken about it in October 2021 during the East Asia… Continue reading The IPEF holds promise but there are perils too

The Ukraine conflict has raked up old dilemmas

News: The Ukraine Conflict has caused a resurfacing of the deepest dilemma related to the energy sector, i.e. – whether to ensure there is affordable, secure, and accessible energy at present, or – to secure the longer-term imperatives of economic growth and sustainable development. Situation Prior to the Ukraine Conflict Oil market It was globally… Continue reading The Ukraine conflict has raked up old dilemmas

The new era of fiscal federalism could strengthen national unity

Context: The 15th Finance Commission (2021-2026) retained the states’ share, and its methodology of assigning weights based on population. This is likely to be a factor in the politics of federalism. Contents1 Importance of fiscal federalism in India2 Why states in India have weak fiscal capabilities?3 Important Institution to uphold fiscal federalism4 Measures towards Fiscal… Continue reading The new era of fiscal federalism could strengthen national unity

Why kidney rackets thrive

News: Last week, a network of kidney traffickers was busted in Delhi. This is the 3rd such scam in the last 15 years in Delhi. The trafficker involved doctors and other healthcare personnel, hospital administrators. They catered to patients that have end-stage kidney diseases and cannot be treated with medicines or dialysis and require a… Continue reading Why kidney rackets thrive

7% Growth Is India’s Best Foreign Policy Strategy

Context: Countries from around the world like the US, Israel, Iran, etc. are trying to build good relations with India. However, India is still not free to make strategic choices. How economic development determines freedom to make choices for countries? In 2010, Professor Michael Beckley analyzed the relationship between military effectiveness and economic development. In the… Continue reading 7% Growth Is India’s Best Foreign Policy Strategy

Blog
Academy
Community