News: A senior RBI official has said that the pilot launch of a new central bank currency could happen as early as the first quarter of next financial year. A lot of the ongoing debate on an Indian CBDC is focused on what RBI should do, and far less attention is paid to the equally… Continue reading Rumblings of the coming central bank digital currency
Category: 9 PM Daily Articles
Omicron’s lesson: We’re not covid-safe until everyone is
News: The emergence of Omicron has evoked fresh demands for booster shots. Rich countries continue to stockpile and administer booster shots, while people in many low and low-middle income countries wait for their first jab. However, the emergence of new variants from low-vaccination-coverage regions essentially means that covid could be a never-ending battle. The only… Continue reading Omicron’s lesson: We’re not covid-safe until everyone is
It’s time for a paradigm shift in how we treat illnesses
News: Antibiotics have become our preferred method of treatment nowadays. This has made treatments more standardised with no customised treatment for individuals irrespective of their genetic diversity. But, the indiscriminate use of antibiotics has resulted in the emergence of antibiotic resistance, a worldwide health concern. Hence, we need to push for a better alternative medicine… Continue reading It’s time for a paradigm shift in how we treat illnesses
On legalising MSP: Supporting farmers
News: Farmers are now protesting for a legally guaranteed minimum support price (MSP) In terms of policy intervention, it is well accepted that incomes in the farm sector have fallen behind, compared to other sectors of the economy, and farmers need to be fairly compensated. But a legal price guarantee is not the solution. There… Continue reading On legalising MSP: Supporting farmers
India’s informal economy has not shrunk
News: SBI Research study claimed that there is greater formalisation of the economy According to a recent State Bank of India (SBI) Research report, the informal economy in India has been shrinking since 2018. The report claims that the share of the informal sector is just 15-20% in 2021 compared to 52.4% in 2018. According… Continue reading India’s informal economy has not shrunk
India’s electric vehicle push will lead to brighter, greener future
News: Decarbonisation of global economy, including India’s, entails decarbonisation of the transport sector. Moreover, it is in line with the India’s climate change commitments, will help boost manufacturing sector and also help ensure energy security. India supports the global “EV30@30” campaign, which aims for at least 30% of new vehicle sales to be electric by… Continue reading India’s electric vehicle push will lead to brighter, greener future
On regulation of social media: Social Media Beware
News: Australian PM has announced new laws to help clean up social media. Contents1 What is the new Australian law?2 Why do countries need such laws?3 What is the benefit & challenges of anonymity offered by social media platforms?4 What is the stand of India on it and the way forward? What is the new… Continue reading On regulation of social media: Social Media Beware
A launch window for India as a space start-up hub
News: The boom of private sector participation in space technology. How has the space sector evolved? Space race 1.0– The great space race of the 20th century started with the Soviet Union’s launch of Sputnik in 1957. -It reflected the Cold War agenda in the space field and a test of their ideologies. Space race… Continue reading A launch window for India as a space start-up hub
Not pie in the sky: Satellite-based technology can transform connectivity. GoI needs to enable it
News: The Department of Telecommunications (DoT) has reprimanded Elon Musk’s Starlink Internet Services for pre-selling and booking the satellite-based internet services without having obtained the necessary licences in the country. After which the company applied for the license. This showcases the challenges that the government of India faces while balancing the advancement of technology along… Continue reading Not pie in the sky: Satellite-based technology can transform connectivity. GoI needs to enable it
The three farm laws were never a solution
News: On November 29, the Farm Laws Repeal Bill was passed in the Lok Sabha without discussion One of the significant issues with the farm laws was that the centre tried to regulate agricultural markets. However, it must be noted that, While the Centre has the capacity to make landmark changes, true reform and action… Continue reading The three farm laws were never a solution
