News: Supply-based interventions can help in increasing demand and thereby have a positive impact on the economy. That is why they are a popular public-policy choice. What is “Says law”? It says supply creates its own demand. However, John M. Keynes has refuted “Say’s Law”. According to Keynes, say’s law was the only major tenet… Continue reading Say’s Law works: Supply does create its own demand
Category: 9 PM Daily Articles
Amazon’s legal entanglement in India offers a cautionary tale
News: Amazon’s legal dispute throws light on uncertainties, quality of legal and regulatory protection that investors face in India. What is Amazon’s legal dispute? Recently, Amazon was fined by the Indian competition watchdog. Its capital infusion in Future Coupons during 2019 was put in suspension. The Competition Commission said it was denied an opportunity to… Continue reading Amazon’s legal entanglement in India offers a cautionary tale
About the India State of Forest Report (ISFR) 2021: Counting trees properly
News: The India State of Forest Report (ISFR) 2021 has been released by the Ministry of Environment, Forests and Climate Change (MoEFCC). What is the Indian state of Forest Report 2021? ISFR 2021 shows an increase of 154 0 km² of Forest area. They also contain data on growing stocks, carbon stock, forest cover etc. The assessment is… Continue reading About the India State of Forest Report (ISFR) 2021: Counting trees properly
Countering China: India’s long game with China and challenges posed by a ‘soft’ state
News: Chinese economy is more than five times of Indian size. Its defence capabilities are more than that of India. China is also eyeing global leadership in the field of IT, robotics, Artificial Intelligence etc. All these, place India at a great disadvantage. It is time that India should now act proactively for countering China. On… Continue reading Countering China: India’s long game with China and challenges posed by a ‘soft’ state
Ukraine Conflict: Why India needs to pay attention Russian military build-up in Ukraine
News: Russian military build-up near Ukraine can impose several implications for India. It can complicate India’s objectives vis-à-vis Russia, China, the US, Europe, and even Ukraine. Read here: India-Russia summit recognised that each needs the other, and that the drift in bilateral ties needs to be arrested What are the potential challenges which India has to face?… Continue reading Ukraine Conflict: Why India needs to pay attention Russian military build-up in Ukraine
Federalism: The Republic Day is a reminder of the spirit of federalism – and why it is under strain
News: Drafters of the constitution made every possible provision for an equitable share of powers and responsibilities among different levels of government. But today, India is witnessing challenges in the federal system and institutions. What provisions are provided in the constitution to ensure federalism? 7th Schedule of the constitution: The list divides the responsibilities between three tiers… Continue reading Federalism: The Republic Day is a reminder of the spirit of federalism – and why it is under strain
Centre to rank states on faster green nods, fewer details sought
News: In a controversial move, the Union Ministry of Environment, Forests and Climate Change has decided to incentivise states by ranking them on the basis of efficiency and timelines in grant of environmental clearances. It is to be noted that the time period for providing environmental clearance to a project has already been reduced from… Continue reading Centre to rank states on faster green nods, fewer details sought
Why 5G roll-outs are disrupting flights to the US
News: Air India and several other airlines have cancelled flights to the US. They are worried that the 5G roll-out there may affect aircraft and passenger safety, a concern raised by Boeing and Airbus in the past. Federal Aviation Administration (FAA) and aircraft makers warned that accurate functioning of radar altimeters in some aircraft may… Continue reading Why 5G roll-outs are disrupting flights to the US
Unemployment and joblessness: How to avert a demographic disaster
News: Utilization of demographic dividends depends on the ability of the economy to generate gainful employment. But India is witnessing unemployment and joblessness. What is the current scenario of unemployment and joblessness? India’s joblessness rate is at 7.9%, in December 2021 with urban unemployment rising to 9.3%. In Uttar Pradesh, the Labour force has risen… Continue reading Unemployment and joblessness: How to avert a demographic disaster
Anonymous on social media: The many problems of online anonymity
News: Social media handles and platforms encourage the use of anonymity which amplify various issues like fake news, online abuse etc. How can one be anonymous on social media? Social media defines anonymity as “Unidentifiable within a set of subjects” but that identity is not linear. The most common type of anonymity involves the use of… Continue reading Anonymous on social media: The many problems of online anonymity
