Synopsis: India needs more efficient financial entities. Amalgamation of PSBs to create bigger banks, is not the ideal way forward. Contents1 Introduction2 Why increasing the scale of banks will not aid infrastructure financing?3 Why government should not aim at increasing the scale of banks through mergers?4 What is the way forward? Introduction Recently, Finance Minister,… Continue reading The big bank idea
Category: 9 PM Daily Articles
High levels of maternal, child under nutrition continue to plague India
Synopsis: Covid has heightened the risk of increasing malnutrition. Parts of progress made in the past may also get reversed because of Covid. Contents1 Introduction2 What is the status of Malnutrition in India?3 How does Covid affect nutritional interventions in India?4 What is the biggest challenge?5 What should the government do? Introduction The article highlights… Continue reading High levels of maternal, child under nutrition continue to plague India
Inside India’s asset monetization gambit
Synopsis: The recently rolled out NMP project, though has the right intent, but is fraught with challenges. A look at some of them. What are some issues with the National Monetization Pipeline (NMP) project? While the Niti Aayog has listed assets worth ₹6 trillion for the NMP, by its own estimate, it can only raise about ₹3.4… Continue reading Inside India’s asset monetization gambit
El Salvador’s crypto foray offers a cautionary tale for other countries
Synopsis: The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognizing bitcoin as legal tender. This is proving painful for many of its citizens, but it’s a useful “pilot” project for larger economies that are contemplating about this new asset class. Contents1 Introduction2 What has been the impact of El Salvador’s… Continue reading El Salvador’s crypto foray offers a cautionary tale for other countries
The war for digital talent: India can emerge as a global hub for it
Synopsis: Tech skills are in short supply globally. The article lists five measures that we should take that will help India lead efforts to close the gap. Introduction The pandemic has accelerated the digital transformation of enterprises, creating enormous opportunities for all organizations. This sudden acceleration in demand has led to a war for digital… Continue reading The war for digital talent: India can emerge as a global hub for it
Nature-based, people-centred solutions for water
Synopsis: Suggestion and reforms mandated by the draft New National Water Policy. Introduction Since Independence, water policy in India has focused primarily on construction of large dams and extraction of groundwater. However, the new National Water Policy (NWP), drafted for the first time by a committee of independent experts, points out the limits in further… Continue reading Nature-based, people-centred solutions for water
The use of NFTs by cyber games can explain their utility
Synopsis: NFTs provide the assurance of immutability and guarantee of uniqueness. However, most of the cutting-edge innovation in NFTs are taking place in the gaming space. Introduction When a person purchases the non-fungible tokens (NFT) of a work of digital art, he is not buying the artwork itself. He is just purchasing a record on… Continue reading The use of NFTs by cyber games can explain their utility
Germany as a development actor in a post-Merkel area
. Synopsis: The new Chancellor must enable global cooperation policies for a sustainable future with India and the world. Introduction The article highlights what role Germany should play as an important international agent in the fight against global challenges like climate change, fostering global sustainable development in line with the 2030 Agenda of the United… Continue reading Germany as a development actor in a post-Merkel area
How to grease the wheels of justice
Synopsis: The problem of pendency of cases in courts across the country can be tackled with a few measures. Introduction Recently, in an event, the Chief Justice of India raised his concern over the pendency of cases. He made a plea to “Indianise” courts to make courts more responsive towards the needs of people. He… Continue reading How to grease the wheels of justice
Bureaucracy’s digital challenge
Synopsis: If civil servants don’t use social media appropriately, their role as independent advisers stands threatened. Introduction The article highlights the good use of social media in bureaucracy to make it more effective and public-friendly. Why using social media by civil servants is considered wrong? Indian Bureaucracy is characterized by hierarchy, formal relationships and standard… Continue reading Bureaucracy’s digital challenge
