Synopsis: India needs to take measures to protect and conserve Geoheritage sites. Contents1 Introduction2 Why Geoheritage sites are important and needs to be protected?3 What are the issues and challenges faced in conservation of Geo heritage sites in India?4 What is the way forward? Introduction India has a very unique geodiversity. India has tall mountains,… Continue reading Protecting India’s natural laboratories
Category: 9 PM Daily Articles
How to get farmers to not burn crop residue
Synopsis: Steps to be taken to push famers away from resorting to stubble burning Introduction Farmers across northern India burn stubble to clear fields for the winter wheat sowing season. It is both a health and an environmental hazard that repeats every year. A 2018 Lancet study reported this as the number one reason for… Continue reading How to get farmers to not burn crop residue
Taxing multinationals
Synopsis: Global agreement on taxing multinational corporations and way forward for India Introduction After several years of negotiations, 136 countries, representing over 90 per cent of global output, finalised the agreement last week to tax multinational corporations. Since almost all members of the OECD’s framework on base erosion and profit shifting have agreed, tax avoidance… Continue reading Taxing multinationals
The monetary policy of RBI has failed to walk its talk
Synopsis: A disconnect between the commentary and policy action of RBI’s repo rate-setting panel could cost us dear in time to come. Introduction According to RBI Governor, the Indian Economy is recovering from the impact of Covid. But still, there is a need to work on inflation, so that it will remain within the targets defined.… Continue reading The monetary policy of RBI has failed to walk its talk
Public Finance ought to throw its weight by clean energy
Synopsis: With the world trying to achieve the Paris climate target, there is a need to bring more financial commitments and change in policies to achieve this target. Contents1 Introduction2 Is RE sector being adequately financed?3 What favorable factors now exist in the RE sector?4 Why investment in RE sector is necessary? Introduction Solar power is… Continue reading Public Finance ought to throw its weight by clean energy
Pandora papers reveal legislative limits of preventing tax dodging
Synopsis: Pandora Papers reveal complex issues associated with offshore investments. Introduction Pandora Papers consist of as many as 12 million documents belonging to 14 global corporate services firms, which set up about 29,000 off-the-shelf companies and private trusts in obscure tax jurisdictions. Must read (Only new points are covered in this article): Pandora Papers and… Continue reading Pandora papers reveal legislative limits of preventing tax dodging
Privatisation is far more difficult than consolidation
Synopsis: The government is looking to privatise the PSBs for strengthening the banking sector. But the Privatisation of PSBs is a complex one. Contents1 Introduction2 About the consolidation of Banks3 What powers does the government enjoy with PSBs?4 Is divestment of PSB can lead to Privatisation of PSB?5 What are the challenges in Privatising PSBs? Introduction… Continue reading Privatisation is far more difficult than consolidation
The many questions arising from QES data
Synopsis: The first quarter data of QES talks about different employment statistics Introduction Recently, the Labour Bureau has released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter of 2021 (April to June). The Sixth Economic Census serves as the basis of the QES survey. The survey covers establishments employing 10… Continue reading The many questions arising from QES data
Taxing big tech where it earn profits
Synopsis: India signed a deal to enforce GMCT in India, but it has to alter its taxation system to bring respective reforms. Contents1 Introduction2 What are the rules prescribed under Global Minimum Corporate Tax and the challenges associated with it?3 To whom does this rule apply?4 Why taxing big techs is essential?5 What are the concerns… Continue reading Taxing big tech where it earn profits
India needs a carbon policy for agriculture
Synopsis: The share of agriculture in India’s total emissions has gradually declined. However, in absolute terms emissions from agriculture have increased to a level similar to China’s. India needs to take steps to address this issue. Contents1 Introduction 2 What is the current emission scenario in the world and of India? 3 What are the factors behind… Continue reading India needs a carbon policy for agriculture
