News: Finance Minister has recently presented the budget. Although there are many positives in the Indian economic scenario like with 9.3% India is the fastest-growing large economy, it has over $630 billion of foreign reserves equalling 13 months of imports. However there are some challenges too like the problem of unemployment rate. How the… Continue reading Budget sets up the digital pitch for India to bat on
Category: 9 PM Daily Articles
MGNREGA: Is the govt expecting unemployment levels to change soon?
News: Recently finance minister released Union Budget 2022-23. This article discusses the regressive nature of budget in terms of social welfare. Why the budget 2022-2023 appears regressive in nature with respect to social welfare? One, last year only Rs 73,000 crore was budgeted but the allocation for MGNREGA was increased to Rs 1.11 trillion due… Continue reading MGNREGA: Is the govt expecting unemployment levels to change soon?
CENTRAL THEME OF ECONOMIC SURVEY 2021-22 IS THE “AGILE APPROACH”
Contents1 What is the news?2 About Economic Survey3 Who prepares the survey?4 What is the theme of this year’s Economic Survey?5 Other key features of this year’s Economic Survey What is the news? Union Minister for Finance has presented the Economic Survey 2021-22 in Parliament About Economic Survey The Economic Survey is an annual report… Continue reading CENTRAL THEME OF ECONOMIC SURVEY 2021-22 IS THE “AGILE APPROACH”
Doing Business in a New World
News: Recently, Luttwak an amercian startegist discussed the legacy of the Indian strategist late K Subrahmanyam and addressed the emerging consensus on the importance of economics in global affairs. Contents1 What is current scenario of Indian economy?2 How geo-economics plays a significant role in geopolitics?3 How India is adapting to new geo-economic order?4 What is… Continue reading Doing Business in a New World
Amplify e-commerce and help all MSMEs reach markets online
News: The author of this article says that to achieve a $5 trillion economy, India should boost digitalization. It will support MSMEs, ensure GST parity and empower small businesses to venture into the online ecosystem and diversify their operations. What is the significance of digitalization? One, Covid has caused shift in all spheres of lives,… Continue reading Amplify e-commerce and help all MSMEs reach markets online
How Auroville can teach us all a thing or two about offsetting carbon
News: The Auroville Forest Group, a non-profit in Puducherry, has introduced a new method of increasing tree cover that can mitigate climate change effectively in the future. Lessons from Auroville can be implemented on a larger scale all over the country. Auroville, an international town in Puducherry, has planted about three million trees from 1968… Continue reading How Auroville can teach us all a thing or two about offsetting carbon
How surging oil prices threaten world’s climate goals
News: Oil prices globally have seen a massive surge due to reduced supply and increased demand due to economies rebounding from the effects of the COVID-19 pandemic. The geopolitical tensions in Russia-Ukraine are also helping the price surge. What are the implications of the price rise? Economic aspect: Companies may be tempted to invest in oil… Continue reading How surging oil prices threaten world’s climate goals
A hazy picture on employment in India
News: This article says that the employment data in India is not consistent and does not show a clear pattern. The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator,… Continue reading A hazy picture on employment in India
Why UNSC joint statement on nuclear weapons is important
News: Five permanent United Nations Security Council (P5) members have pledged to avoid the ongoing arms race and to prevent the proliferation of nuclear weapons. This pledge was made ahead of a review of the Non-Proliferation Treaty (NPT),1970. What is the pledge made by P5 members on nuclear proliferation? P5 members emphasized on: – Creating a secure… Continue reading Why UNSC joint statement on nuclear weapons is important
Pendency of cases in Supreme Court: The supreme failure
News: Supreme Court of India has delivered judgment on many important matters like Decriminalizing homosexuality, the Right to privacy a fundamental right, etc, and brace the belief in republican values like equality, liberty, etc. But still, many important cases are pending for the final judgment. This has serious repercussions on the fundamental rights of citizens and… Continue reading Pendency of cases in Supreme Court: The supreme failure
