News: Competition Commission of India has ordered a probe against Google for its ‘alleged’ abuse of dominant position in news aggregation. This step of Indian government is followed by actions of Australian government. Australia has passed a law that required tech platforms like Google and Facebook to fairly pay local media outlets for showing their content in news feeds or search… Continue reading Pay for news: CCI’s Google probe must lead to rules on tech sharing much more revenue with news publishers
Category: 9 PM Daily Articles
On Financial Resolution and Deposit Insurance (FRDI) Bill : Orderly failure options will help Indian financial firms flourish
News: Government is aiming to modify and re-introduce the Financial Resolution and Deposit Insurance (FRDI) Bill. Government is planning to modify and re-introduce the Financial Resolution and Deposit Insurance (FRDI) Bill. The bill puts in place a resolution mechanism to deal with the insolvency of firms in the financial sector. The bill was introduced earlier in 2016 but was… Continue reading On Financial Resolution and Deposit Insurance (FRDI) Bill : Orderly failure options will help Indian financial firms flourish
The baton of forest restoration in the net zero race
News: For carbon sequestration, India must revisit its policy framework and reverse the decreasing participation of local communities. After India’s pledge to set a net-zero target by 2070, at the COP26 summit, Glasgow, saving forests has become much more important. In a study by Griscom (2017), natural climate solutions that also include forests can provide… Continue reading The baton of forest restoration in the net zero race
On Track For 2070 Net Zero Target
Relevance: Clean energy transition News: India’s announcement to reach net-zero emissions by sourcing 50% of its electricity from renewable energy by 2030 is a significant moment for the global fight against climate change. Why it is imperative for India to achieve net-zero emissions? India’s economic growth has been among the highest in the world over… Continue reading On Track For 2070 Net Zero Target
Why India Needs A Fiscal Council
News: Recently, the Union Minister of State for Finance in a written reply to the Parliament ruled out setting up of a fiscal council, which was recommended by the FRBM Review Committee. It was reasoned that, there are institutions that already perform some or all of the proposed functions of the Fiscal Council. For example,… Continue reading Why India Needs A Fiscal Council
What GDP data says about state of economy, its influence on budget priorities
News: Both the first advance estimate (FAE) and the Professional forecasters’ survey, published by the Reserve Bank of India, estimate the Indian economy to expand at 9.2 per cent in 2021-22. There is also an expected sharp increase in nominal GDP, which is estimated to expand by 17.6 per cent this fiscal, much faster than… Continue reading What GDP data says about state of economy, its influence on budget priorities
Tuberculosis(TB): We can’t afford to neglect TB care
News: COVID-19 pandemic put health systems under great stress. The government announced a policy to bolster public health by pledging four new national virology institutes, nine new high containment laboratories and the National Institute of one health. Unfortunately, it did not address other infectious diseases like tuberculosis. Read here: COVID-19 reverses decades of progress in TB… Continue reading Tuberculosis(TB): We can’t afford to neglect TB care
Discretionary powers of the governor: Some Raj Bhavans are on the war path
News: There have been some incidents that show the friction between the delicate relationships of the constitutional head of state and the elected government. What were the incidents all about? Maharashtra: Governor refused to accept the date of election of the Speaker recommended by the State government. However, this refusal goes against the principle of constitutional… Continue reading Discretionary powers of the governor: Some Raj Bhavans are on the war path
Unchanged: On EWS quota income norm
News: Supreme Court has allowed the commencement of counselling for postgraduate medical admissions under All India Quota scheme. What is the background of the development? Read here: Income Criteria for the Economically Weaker Sections (EWS) in India – Explained, pointwise What is the decision made by the Supreme Court? The court has upheld the 27% quota… Continue reading Unchanged: On EWS quota income norm
NFHS-5: Reading NHFS-5 data to understand India’s health, population outlook
News: The government of India recently released National Family Health Survey 5 (NFHS-5) data. The data shows some promising trends and some areas of concern. Read here: NFHS-5 and its findings – Explained, pointwise What are the findings of the National Family Health Survey 5? Read here: What does NFHS-5 data tell us about state of… Continue reading NFHS-5: Reading NHFS-5 data to understand India’s health, population outlook
