Is the time right for India to get a third aircraft carrier?

News: The idea of buying a third aircraft carrier may have to be delayed due to the current economic situation. There is a broad consensus in the strategic community on the Indian Navy having two aircraft carriers, one for each of the two seaboards. There also exists a broad consensus on acquiring the third carrier… Continue reading Is the time right for India to get a third aircraft carrier?

India risks being left out of TRIPS waiver

News: India, with South Africa, proposed to waive key provisions of the TRIPS agreement on Covid-19 vaccines, drugs, therapeutics, and related technologies. Developed countries attempt at limiting the waiver to vaccines alone, leaving out diagnostics and therapeutics and excluding India. Read here: US Support to TRIPS Waiver – Challenges Ahead What are Trade-Related Aspects of Intellectual… Continue reading India risks being left out of TRIPS waiver

Barring students from studying Indian history or culture in foreign universities speaks of prickliness and prejudice

News: Under the new government guidelines, courses concerning Indian Culture, History, and Social Studies in foreign universities shall not be covered under National Overseas Scholarship (NOS). What the new guidelines are not justified? – It will shrink the student opportunities, and put a ceiling on their academic ambitions. – Government should not decide on what students… Continue reading Barring students from studying Indian history or culture in foreign universities speaks of prickliness and prejudice

A new measure of inflation is brewing on the horizon

News: A radical shift in paradigm with respect to the calculation of the Consumer price index has recently been initiated in the United Kingdom, by the British journalist, cookbook author, and anti-poverty campaigner, Jack Monroe. The “Vimes Boots Index” as the name of a price index, she planned to document inflation in prices of basic… Continue reading A new measure of inflation is brewing on the horizon

The Tobin funnel and post-covid stimulus withdrawal dilemmas

News: The Government has recently signaled that India will exit its extraordinary fiscal and monetary policies of pandemic times, gradually. Contents1 Why there is a need to exit the pandemic-induced extraordinary policy?2 What are the policy challenges existing for India?3 What is Tobin Funnel model?4 How Tobin model creates policy dilemma?5 What is the way… Continue reading The Tobin funnel and post-covid stimulus withdrawal dilemmas

The reforms that farming really needs 

News: Central government repealed three farm laws that it introduced in the year 2020. This has again brought the focus to the APMCs (Agricultural Produce Market Committee) where the majority of the first time sale of farmer’s produce takes place. It has been widely acknowledged that APMC markets across the country suffer from various irregularities… Continue reading The reforms that farming really needs 

Amending the FRBM Act

News: The finance ministry has excused itself from providing a projection of its fiscal consolidation plan. What is the issue? In the recent budget, the Union finance ministry committed to reducing the government’s fiscal deficit from 6.9 percent of gross domestic product or GDP in 2021-22 to 6.4 percent in 2022-23. Further, the deficit is… Continue reading Amending the FRBM Act

Regulation, not prohibition – on online skill gaming industry

News: The Karnataka High Court has delivered a judgment striking down major portions of the Karnataka Police (Amendment) Act, 2021. This law was introduced to ban online gambling and skill-based gaming platforms like rummy, poker, and fantasy sports that involved risking money on an uncertain event. Apart from Karnataka, Madras and Kerala High Court also struck… Continue reading Regulation, not prohibition – on online skill gaming industry

Data openness is good but its safe use is a must

News: The Government of India has released a  policy document called “Draft India Data Accessibility & Use Policy 2022”. About the Draft India Data Accessibility & Use Policy, 2022 Read here: Draft India Data Accessibility & Use Policy, 2022: India’s draft data policy unlocks govt data for all, mulls monetization What are the challenges in allowing public… Continue reading Data openness is good but its safe use is a must

Kyiv, The World & US – On Ukraine crisis

News: Russia deployed its troops near Ukraine’s borders. This has raised several concerns about what steps will the world countries adapt if the situation gets worse. Read here: Russia – Ukraine crisis | Timeline What will be the consequences if Russia invades Ukraine territory? On Russia: US can impose CAATSA sanctions on Russia and put Russia out of… Continue reading Kyiv, The World & US – On Ukraine crisis

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