News– India has unveiled Account aggregator framework in september,2021 that can that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. What is Account Aggregator (AA) framework? An AA is a new class of NBFC approved by the Reserve Bank of India… Continue reading Open banking puts banks on notice-Digitise or perish
Category: 9 PM Daily Articles
A window of opportunity
News– How we can leverage the advantages that are generating due to Strict COVID policy of China and other restrictions going parallel to it. Where we stand vis-a-vis China? China’s economy is over five times of India’s. it has a $14-trillion economy, to India’s $2.7-trillion economy. We are too dependent on China for everything from active pharmaceutical ingredients to smartphones. And… Continue reading A window of opportunity
High LPG prices are scorching the air pollution fight
News– How Removal of LPG subsidy and subsequent Price rise is affecting the air pollution and its wider acceptance in low income and rural households. As Per the India residential energy survey (IRES), LPG has now replaced biomass as the most common cooking fuel. Nearly 85 percent of Indian households have an LPG connection Compared to only 30 percent a decade… Continue reading High LPG prices are scorching the air pollution fight
Women in the post-pandemic workplace
News: Indian economy is sustained after the shocks of demonetization, GST, and now covid. These economic disruptions have a lot of impact on women’s employment status in the workplace. What do the stats say about women participation in the workforce? By 2019, India’s Female Labour Participation Rate (FLPR) had dropped to 20.3%, from the already low… Continue reading Women in the post-pandemic workplace
Order those jabs: India needs plenty more vaccines & vax-makers need advance notice. GoI take heed
News: Serum Institute is signalling that their Covishield production will be reduced by half as no new purchase orders are coming from the Government of India. Why there is a need to continue the vaccination process? – Indian Medical Association has demanded a booster dose for healthcare workers, amid concerns of a drop in the… Continue reading Order those jabs: India needs plenty more vaccines & vax-makers need advance notice. GoI take heed
The need for a robust civil registration system
News: With Omicron, South Africa implemented a rapid surveillance mechanism that provided early alerts. India has also responded by setting up screening centres, ICU beds, etc. Despite no alarms, the threat remains so, all cautions should be observed. How the mortality data can help in accessing pandemic situations? Mortality data is important to guide patient care… Continue reading The need for a robust civil registration system
Aiming for a high, quality of life does influence investment decisions, India needs to loosen up
News– GIFT(Gujarat International finance tech city) management is seeking relaxation in liquor laws in special economic zone (SEZ) area of GIFT city. Gujarat had banned alcohol consumption since 1960 as a homage to Mohandas Karamchand Gandhi. Why did such demand arose Investment decisions are influenced by the ease with which people can adapt to a new destination. Allowing people to… Continue reading Aiming for a high, quality of life does influence investment decisions, India needs to loosen up
What PLFS tells us about India labour market
News– Periodic Labour force survey (PLFS) data shows that the unemployment rate is close to pre-covid levels that as was in the year 2020. What is PLFS It was launched by National statistical office (NSO). It has two objectives -a) To estimate the key employment and unemployment indicators (viz. Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR), Unemployment Rate) quarterly for the urban areas only in the ‘Current Weekly Status’ (CWS). b) To estimate employment and unemployment indicators in both… Continue reading What PLFS tells us about India labour market
Check stubble burning, monitor policy implementation
Topic– Conservation, environmental pollution and degradation and Agriculture What is stubble burning- Stubble burning is the practice of intentionally setting fire to the straw stubble that remains after grains, such as rice and wheat, have been harvested. Farmers resort to the practice due to the limited time they have between the harvesting of kharif paddy and sowing of the rabi wheat.… Continue reading Check stubble burning, monitor policy implementation
Karnataka Government objects to implementation of Kasturirangan Report
News – Karnataka Government has submitted its opposition to the Centre against the Kasturirangan Committee report as it can adversely affect the livelihood of people in the region. What are the important recommendations under the report? a)It proposes 37 percent of the total area of Western Ghat be declared as Eco-Sensitive Area (ESA). (Eco-Sensitive Zones (ESZs) are notified by the Ministry of Environment, forest and climate change,… Continue reading Karnataka Government objects to implementation of Kasturirangan Report
