News: Serum Institute is signalling that their Covishield production will be reduced by half as no new purchase orders are coming from the Government of India. Why there is a need to continue the vaccination process? – Indian Medical Association has demanded a booster dose for healthcare workers, amid concerns of a drop in the… Continue reading Order those jabs: India needs plenty more vaccines & vax-makers need advance notice. GoI take heed
Category: 9 PM Daily Articles
The need for a robust civil registration system
News: With Omicron, South Africa implemented a rapid surveillance mechanism that provided early alerts. India has also responded by setting up screening centres, ICU beds, etc. Despite no alarms, the threat remains so, all cautions should be observed. How the mortality data can help in accessing pandemic situations? Mortality data is important to guide patient care… Continue reading The need for a robust civil registration system
Aiming for a high, quality of life does influence investment decisions, India needs to loosen up
News– GIFT(Gujarat International finance tech city) management is seeking relaxation in liquor laws in special economic zone (SEZ) area of GIFT city. Gujarat had banned alcohol consumption since 1960 as a homage to Mohandas Karamchand Gandhi. Why did such demand arose Investment decisions are influenced by the ease with which people can adapt to a new destination. Allowing people to… Continue reading Aiming for a high, quality of life does influence investment decisions, India needs to loosen up
What PLFS tells us about India labour market
News– Periodic Labour force survey (PLFS) data shows that the unemployment rate is close to pre-covid levels that as was in the year 2020. What is PLFS It was launched by National statistical office (NSO). It has two objectives -a) To estimate the key employment and unemployment indicators (viz. Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR), Unemployment Rate) quarterly for the urban areas only in the ‘Current Weekly Status’ (CWS). b) To estimate employment and unemployment indicators in both… Continue reading What PLFS tells us about India labour market
Check stubble burning, monitor policy implementation
Topic– Conservation, environmental pollution and degradation and Agriculture What is stubble burning- Stubble burning is the practice of intentionally setting fire to the straw stubble that remains after grains, such as rice and wheat, have been harvested. Farmers resort to the practice due to the limited time they have between the harvesting of kharif paddy and sowing of the rabi wheat.… Continue reading Check stubble burning, monitor policy implementation
Karnataka Government objects to implementation of Kasturirangan Report
News – Karnataka Government has submitted its opposition to the Centre against the Kasturirangan Committee report as it can adversely affect the livelihood of people in the region. What are the important recommendations under the report? a)It proposes 37 percent of the total area of Western Ghat be declared as Eco-Sensitive Area (ESA). (Eco-Sensitive Zones (ESZs) are notified by the Ministry of Environment, forest and climate change,… Continue reading Karnataka Government objects to implementation of Kasturirangan Report
On fiscal deficit: The turn of the Centre
News: The Union Finance Minister Nirmala Sitharaman will present her 4th consecutive Budget in just about eight weeks from now. It is expected that Ms Sitharaman would achieve a 2.7 percentage point reduction in the deficit from 9.5% in 2020-21 to 6.8% in 2021-22. This steep reduction will provide a lot of flexibility in managing… Continue reading On fiscal deficit: The turn of the Centre
India’s labour market distress
News: Data from various employment surveys indicates that India’s growth model is in trouble. On what basis it is said that India’s growth model is in trouble? Labour participation has dropped: The recent data from the Centre for Monitoring Indian Economy (CMIE), suggests that, the labour participation rate has slipped for consecutive months. As per… Continue reading India’s labour market distress
NFTs are overhyped, but useful for a creative economy
News: The hype around NFTs may be a gold rush, but it has made an important idea mainstream: Creators need to take back control from Big Tech. Are NFTs a speculative bubble? Couple of factors due to which some experts believe to be speculative bubbles: – Relation of NFTs to Cryptocurrencies, which are in itself… Continue reading NFTs are overhyped, but useful for a creative economy
How to regulate crypto, minus a crypto-specific law
News: Bringing a new legislation for Crypto regulation may not be necessary in India until Cryptocurrency transactions reach a widespread adoption. Till then, a more prudent approach would be to extend our current regulatory frameworks, along with the associated enforcement apparatus, to regulate cryptos as yet another class of assets. What are the challenges the… Continue reading How to regulate crypto, minus a crypto-specific law
