News: Last week, the Union cabinet approved the creation of a National Land Monetisation Corporation Mandate Read more – About National Land Monetisation Corporation It will work to monetise the surplus land holdings of Central Public Sector Enterprises (CPSEs) and other government agencies. It will have a detailed and comprehensive inventory of the state’s land… Continue reading Monetising surplus land held by state is a good idea, it needs to be done with transparency, sensitivity to public interest
Category: 9 PM Daily Articles
Will a services exports-driven economic growth strategy work for India?
Context: India’s service exports have lagged the outbound shipment of manufactured items, though the gap between the two was narrowing immediately before Covid-19 struck. Why should India adopt a service exports-led growth strategy for India instead of China’s model of manufacturing exports-led growth? According to the data provided by the World Trade Organization (WTO), India’s share… Continue reading Will a services exports-driven economic growth strategy work for India?
Ukraine invasion, global wheat supply and India’s opportunity
News: the Russia-Ukraine war continues to be at the centre of the world debate and recently, the Ukrainian President Volodymyr Zelenskyy has denied insisting on NATO membership which was one of the reasons for Russian invasion of Ukraine. What are the negative effects of the Russia-Ukraine Conflict? The energy, gas prices are surging and wheat prices are skyrocketing.… Continue reading Ukraine invasion, global wheat supply and India’s opportunity
NO OVATION FOR INDIA’S STAND ON UKRAINE WAR
News: The recent Russian invasion of Ukraine has put moral responsibility on India as one of the world’s largest countries and its populous democracy. At present, the Indian government has abstained in the UN Security Council vote on Ukraine. It has refused to condemn the violation of rights of the Ukrainians. What are the arguments… Continue reading NO OVATION FOR INDIA’S STAND ON UKRAINE WAR
RUSSIA’S MISADVENTURE IN UKRAINE SETS OFF EUROPEAN RE-ARMAMENT
News: Russia’s ongoing invasion of Ukraine has been described as a turning point in the modern history of Europe. It has catalyzed European re-armament, rejuvenated NATO, caused Germany to reassert European leadership, and galvanized tentative Japanese militarism. Contents1 Situation before Russian invasion:2 How Ukraine crisis has restarted the European armament?3 How could it impact India?4… Continue reading RUSSIA’S MISADVENTURE IN UKRAINE SETS OFF EUROPEAN RE-ARMAMENT
On the Issue of Accidental Indian missile drop in Pakistan
News: There was an accidental launch of an IAF cruise missile that landed 124 km inside Pakistan. The missile did not carry any warhead. Thus, there was no loss of lives. Contents1 What could have been the impact?2 How was the potential crisis averted?3 Argument by Pakistan4 India’s Stand against Pakistan demand5 Status of Missile… Continue reading On the Issue of Accidental Indian missile drop in Pakistan
WESTERN MNCs HAVE WEAKENED GLOBALIZATION BY TAKING SIDES
News: Recently McDonald’s closed its outlet in Moscow. This could be bad news for the global economy. Why this move of MNCs is against globalisation? Firstly, It reflects that MNCs are not neutral, furthermore, it is being advertised as corporate virtue signaling or their good moral values. It has undermined the argument that companies are… Continue reading WESTERN MNCs HAVE WEAKENED GLOBALIZATION BY TAKING SIDES
Mobile internet user growth slowed down drastically in 2021, shows data
News: On March 8, the RBI launched a renewed payments service for feature phones. The service called UPI123Pay was a successor to BHIM USSD 2.0 service, which allows feature phones to make payments using interactive voice response (IVR), app functionality, missed calls, and proximity sound-based payments. Why has the RBI launched the payment service for… Continue reading Mobile internet user growth slowed down drastically in 2021, shows data
Shock-proofing the economy: Quality jobs the best possible safety net
Context: India’s policy must be aligned with the present realities to make its economy shock proof to any external development. India has gone through a number of crises in the Indian economy since 1962. For Example like India fought three wars, suffered droughts, first oil shock, double-digit inflation, which peaked at 26 per cent, imposition… Continue reading Shock-proofing the economy: Quality jobs the best possible safety net
Shutdown this misguided energy policy
News: On March 3, a fire broke out near the Zaporizhzhia nuclear plant in Ukraine during the course of a military battle that could have triggered a major nuclear disaster. Trends of Nuclear Accident in the Past On March 11, 2011, the Fukushima Daiichi nuclear plant suffered severe accidents after an earthquake and a tsunami… Continue reading Shutdown this misguided energy policy
