Source: Live Mint Relevance: Future of Central bank Digital currencies in India Synopsis: Launching a CBDC by RBI entails many risks while offering many opportunities too. A thorough assessment is the need of the hour. An analysis of the risks, concerns and benefits of CBDCs. Contents1 About CBDC2 Does India need a CBDC?3 Concerns4 Way… Continue reading The merits of an RBI digital currency outweigh risks
Category: 9 PM Daily Articles
Panel ‘disappointed’ about no data on complaints resolved under PMFBY
Source: Down to Earth Relevance: Issues with PMFBY Synopsis: Grievance redressal mechanism set up under PMFBY suffers from various issues, thus impairing the overall efficiency of the scheme. A look at the issues involved and measures that can be taken. Contents1 Context2 About GRCs3 Issues/concerns4 Recommendation of the panel Context The parliamentary Standing Committee on… Continue reading Panel ‘disappointed’ about no data on complaints resolved under PMFBY
We must not ignore the ease of going elsewhere
Source: Live Mint Relevance: Pandemic & Tourism, Freedom of movement Synopsis: The way easing how business is done is important similarly easing the cabin fever that covid restraints have given also need attention. Context Most of us are now free to move around locally, but the radius of our freedom does not extend all that… Continue reading We must not ignore the ease of going elsewhere
Why are so many sanitation workers deaths uncounted?
Source: Indian Express Relevance: To understand the issues surrounding the ecosystem handling the manual scavengers. Contents1 Uncounted deaths of Sanitation workers2 What should the government do?3 Challenges in identification of manual scavengers4 Challenges in implementation of the Act Uncounted deaths of Sanitation workers There have been over a million uncounted deaths in the last 50… Continue reading Why are so many sanitation workers deaths uncounted?
Why Indian Railways failed to attract private players to run trains?
Source: Indian Express Relevance: Issues related to Privatization of Railways Synopsis: Private sector’s interest should be taken care of if Indian railways (IR) wants to attract private capital. Contents1 Background2 Possible reasons3 Risks and constraints4 Core issue5 Suggestions Background On July 1, 2020, the Indian Railways launched the formal process of inviting private parties to… Continue reading Why Indian Railways failed to attract private players to run trains?
Bankruptcy code reforms must be handled with special caution
Source: Live Mint Relevance: Improving the Insolvency and bankruptcy law. Synopsis: Rather than focussing too much on haircuts and debt recovery, IBC should focus on maximization of value, as intended originally. Few suggestions for reforming the Insolvency and Bankruptcy Code (IBC), 2016. Contents1 Background2 Too much focus on haricuts3 Should haircuts be fixed?4 Suggestion/Measures Background… Continue reading Bankruptcy code reforms must be handled with special caution
An urban jobs safety net
Source: TheHindu Relevance: Impact of COVID on economy & employment Synopsis: The article signifies the need to formulate a wage employment-based national urban livelihood scheme on lines of MGNREGA. Impact of COVID on the economy World Economic outlook report presents a grim picture of the global economy. It states that – all of the world countries… Continue reading An urban jobs safety net
Investing in degraded forest land for the health of our economic system
Source: Down to Earth Relevance: Importance of effective management of land resources. Synopsis: Arresting forest land degradation can help India achieve its SDG targets in a most cost-effective manner. Significance of a healthy forest ecosystem and its benefits. Contents1 Context2 Impact of forest land degradation3 Significance of the forest ecosystem4 Way forward Context Speaking at… Continue reading Investing in degraded forest land for the health of our economic system
OBC list issue: Quotas solve little
Source: Indian ExpressTOITOI Relevance: latest developments in the issue of OBC reservation. Synopsis: Reservation is a sticky issue in Indian politics. The recent move of restoring the rights of States to frame the OBC list (127th amendment bill) is seen by many as a step in the right direction. Contents1 Introduction:2 What is the utility… Continue reading OBC list issue: Quotas solve little
Medical Educational regulation 2021: Building Consent
Source: The Hindu Relevance: Concerns of Indian Medical Association (IMA) on draft Postgraduate Medical Educational regulation 2021 & demand of withdrawing that bill Synopsis: According to the new regulation, there shall be common Counseling for admission to all medical educational institutions including Post Graduate “Broad Specialty courses” on the basis of merit list of “National… Continue reading Medical Educational regulation 2021: Building Consent
