Category: 9 PM Daily Articles

News: Digital money in the form of cryptocurrencies is gaining widespread popularity, esp with countries like El Salvador adopting Bitcoin as a legal tender. The debate around Cryptocurrencies frequently refer to their speculative nature as a cause of concern. But, what happens if, over time, cryptos evolve from speculative assets to become viable mediums of… Continue reading The monetary, fiscal challenges of cryptocurrency

News: Despite the demonstrated benefits of micro irrigation in the sustainability of Indian agriculture, the industry that provides the resources for it is currently struggling to survive. What are the benefits of micro irrigation system? – water savings in comparison with flood irrigation. – decrease in electricity consumption. – the adoption of micro irrigation results… Continue reading An SOS call from the Indian micro-irrigation industry

News: For a swift economic recovery of India, the central bank would need to guide the economy towards normalcy. In terms of monetary policy management, the central bank has started the unwinding process. In the context of financial sector oversight, RBI Governor Shaktikanta Das touched upon several interdependent issues in his remarks at an event… Continue reading Strengthening financial sector

News: Inflation data based on the consumer price index (CPI) released this week suggest that, inflation has decreased compared to the previous months. This may be good news for the Reserve Bank of India, but any complacency would not only be premature, it could also create challenges for an economic recovery. Why India should not get… Continue reading The government should prepare for a sustained spell of inflation

News: The current increase in global trade offers an opportunity for India to get its exports’ strategy in order before growth dips again. Contents1 What are the factors that have contributed to the growth in exports?2 How does India stand to gain from this trend?3 What are the risks that can offset exports trade?4 What… Continue reading Time to harvest the tailwind in exports

News: Recent decision by multiple municipalities across the state of Gujarat to ban vendors selling non-vegetarian food has led to vendor organizations planning protests across these cities. Contents1 What are the critical roles played by street vendors?2 What are the issues faced by Street vendors?3 What steps are being taken to ensure the development of… Continue reading Vending For India

News: Supreme Court expressed disappointment over the air pollution in National Capital Region. According to official data, Delhi has recorded less than 20 good air days (AQI less than 51) since 2015. This year also capital is facing the same issue. Commission for Air Quality Management (CAQM) has given directions to close all educational institutions… Continue reading The role of state policy in our acute smog crisis

News: Metaverse has opened a whole new world in front of us. With a range of technologies like AR, VR and MR that it offers, we also need simultaneous policies to prevent misuse of data and protect privacy. Until then, the risks will continue to outweigh the immense benefits that metaverses can offer us. What… Continue reading How Indian startups are powering the metaverse

News: Digital divide is not the only reason behind the educational divide, there are socio-economic reasons also. The covid-induced online education system has highlighted the divide between the digital haves and have-nots, which is a reflection of economic inequality. The distribution of smartphones and laptops to children to bridge the digital divide will not solve… Continue reading Digital divide in education can’t be bridged by laptops and smartphones alone

News: Increase in formalisation is not a consequence of micro and small informal firms transitioning to formality. A recent study by SBI estimates that the share of the informal economy has fallen to a mere one-fifth of GDP — a figure comparable to many advanced economies. However, the supposed formalisation that happened during the pandemic… Continue reading Understanding why the informal sector really shrank during the pandemic