News: Recently, the government introduced bills to amend the three Acts of Parliament – the Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India and Institute of Company Secretaries of India. These institutions govern a trio of business governance-related institutions Contents1 Why have these legislations been proposed? 2 What are the issues… Continue reading An unhelpful response to accountancy scandals
Category: 9 PM Daily Articles
A parliamentary Bill the ICAI needs to take note of
News: The Lok Sabha approved a Bill to amend the Chartered Accountants Act, 1949. The law governs the Institute of Chartered Accountants of India (ICAI). The amendment bill aims to improve discipline, governance, administration, and accountability of ICAI. Following are its main provisions: The ICAI’s disciplinary committee and board of discipline will be chaired by… Continue reading A parliamentary Bill the ICAI needs to take note of
Life, limb & the law: SC’s right on liberal compensation for accident victims. But a clogged system is stacked against citizens
News: In a verdict that offers hope to accident survivors, and sets an example for lower courts, the Supreme Court counselled judges to take a liberal view in awarding compensation to those grappling with 100% disabilities. Need for reforms Only a fraction of motor insurance claims raised every year – reportedly around Rs 10,000 crore… Continue reading Life, limb & the law: SC’s right on liberal compensation for accident victims. But a clogged system is stacked against citizens
India can act today to shape tomorrow’s terms of connectivity with Pakistan
News: Recently, there have been various developments between India and Pakistan relations which were encouraging. Contents1 What are some of the positive developments?2 What are the issues/challenges from both sides? 3 What will happen if India continues to isolate Pakistan? 4 What can be done by India even if Islamabad does not reciprocate? 5 Way Forward What are… Continue reading India can act today to shape tomorrow’s terms of connectivity with Pakistan
India and Australia are finally acting like the natural partners they are
News: Indian-Australian PM had a virtual summit. Further, a historic free trade agreement is going to be signed between both the countries. The free trade negotiations were being carried out for a decade. The negotiation started since May 2011. The discussions were restarted in June 2020 when India-and Australia established a Comprehensive Strategic Partnership. Contents1… Continue reading India and Australia are finally acting like the natural partners they are
Lifestyles for climate justice
News: A recent report of the Intergovernmental Panel on Climate Change (IPCC) has pointed out that climate change has caused substantial damages, and increasingly irreversible losses, in terrestrial, freshwater and coastal, and open ocean marine ecosystems. Policy approach to tackle climate change: The policy approach to tackling this has tended to concentrate on supply-side changes,… Continue reading Lifestyles for climate justice
A ‘doomsday’ book that launched a movement
Context: Recently, global-level discussions on the GDP-based measures of economic performance have started. It was because the Limits to Growth is going to complete its 50 years. The Club of Rome sponsored the LTG project. It was composed of leaders from various fields of human activity. The System Dynamics group at the Massachusetts Institute of… Continue reading A ‘doomsday’ book that launched a movement
The folly of an ‘atmanirbhar’ internet
News: The Big Tech companies have been alleged of the “weaponization” of digital platforms. They have been alleged to silence the Russian State media. Contents1 Why the move of the big tech companies is right? 2 What are the factors in India-Russia relations? 3 How have Russia and India dealt with digital media?4 What is the way… Continue reading The folly of an ‘atmanirbhar’ internet
A missed chance for Indo-China relations
News: Recently, Chinese leader visited India. He visited after participating in the OIC Council of Foreign Minister (CFM) hosted in Islamabad and carrying a tour to Pakistan, Afghanistan and Nepal. It was the first Chinese leader visit to India after the military standoff in eastern Ladakh in 2020. What were the objectives behind the Chinese… Continue reading A missed chance for Indo-China relations
On CUET: Centralising tests
News: The UGC has decided to conduct a Common University Entrance Test (CUET) for admission from 2022-23 in undergraduate programmes in all the Central Universities (CUs) funded by it. Background Madhuri R. Shah Committee (1984) recommended a national merit examination for the Central Universities. The govt advocates for ‘one nation, one standard’ maxim in different… Continue reading On CUET: Centralising tests
