News: Recently, the Securities and Exchange Board of India (SEBI) has issued the final order on the “Algo scam” at the National Stock Exchange (NSE). What is “algo scam” and what has happened? Read more here: https://forumias.com/blog/governance-breakdown/ What does this reveal? One, even if the information shared wasn’t price-sensitive, had nothing to do with trading… Continue reading The Yogi, The CEO & The Lesson – On Algo Scam
Category: 9 PM Daily Articles
Cabinet clears setting up of G20 Secretariat
What is the news? Cabinet has approved setting up of a G20 Secretariat to put in place arrangements required for India’s presidency of the prestigious grouping. Note: India will hold the Presidency of the G20 from December 1, 2022 to November 30, 2023. Why is the G20 Secretariat being established? As per practice, a G20… Continue reading Cabinet clears setting up of G20 Secretariat
Indo-Pak relations | Timeline
India and Pakistan have shared an unstable bilateral relationship over the years. From the partition in 1947, to the numerous military conflicts, the relations between the two countries have remained far from normal. For other articles under the TIMELINE Initiative, click HERE → Indo-Pak relations are, hence, supremely important from UPSC aspirant’s perspective. Here you’ll find a consolidated list… Continue reading Indo-Pak relations | Timeline
The myth of the trickle-down
News: This article says trickle-down is a flawed approach and that’s why Indian policymakers must discover India’s own model of development and shed defunct economic theories. How budget 2022-23 is aligned towards a trickle-down theory? The budget has not announced any populist measure, and taxes on incomes and wealth have not increased. Also, economists believe… Continue reading The myth of the trickle-down
LIC disinvestment: Right and wrong
News: The Government of India (GoI) is disinvesting 5 per cent of the shares of the Life Insurance Corporation of India (LIC). However, the GoI will retain control of the company. Why LIC should be privatized rather than disinvested? First, the previous experience shows outcome of disinvestment in public sector banks has not been good… Continue reading LIC disinvestment: Right and wrong
Niti versus Nyaya: When policy provisions deny people justice
News: A recently released paper titled Jailed for Doing Business by Gautam Chikermane of Observer Research Foundation and Rishi Agrawal of Teamlease Regtech has documented the jail provisions faced by Indian entrepreneurs. This article discusses the difference between Niti and Nyaya while discussing the over-regulation in Indian economy. What does the research paper reveal? There… Continue reading Niti versus Nyaya: When policy provisions deny people justice
Governance breakdown
News: Recently, the Securities and Exchange Board of India (SEBI) has issued the final order on the “Algo scam” at the National Stock Exchange (NSE). The article reveals the multiple layers of the scam in the securities market and suggests that the regulator must ensure that scams like this should never occur. What is the… Continue reading Governance breakdown
Denial of access to Swift is a blunt tool for geopolitics
News: NATO has threatened to cut-off Russia from the international SWIFT payment network if Russia attempts to invade Ukraine. What is Society for Worldwide Interbank Financial Telecommunications (SWIFT)? It provides a network to send and receive instructions on international money transfers accurately and securely. It itself doesn’t hold any cash. The network is used by 11,000… Continue reading Denial of access to Swift is a blunt tool for geopolitics
The significance of the Indo-Pacific for India
News: USA recently released its policy document on Indo-Pacific. Contents1 What does the recent USA document say about India?2 How USA strategy is different from the past?3 How has Indian diplomacy changed?4 How does India need to shape its regional diplomacy further? What does the recent USA document say about India? The USA seeks free… Continue reading The significance of the Indo-Pacific for India
Incorrect diagnosis, wrong remedy
News: The Union Government proposal to amend Rule 6 (Deputation of cadre officers) of the Indian Administrative Service (Cadre) Rules 1954 has attracted the opposition of many states. Read here: Deputation of Cadre Officers and the Proposed Amendments – Explained, pointwise What are the causes of the shortage of IAS officers in the centre? Annual recruitment… Continue reading Incorrect diagnosis, wrong remedy
