Source: Live Mint Relevance: Battling the slowdown in Indian economy Synopsis: Solving India’s chicken-and-egg problem of income and investment will take government action. Contents1 Background2 Factors behind economic growth3 Trends & Problems 4 Why private consumption declined?5 Why growth still not picking up? Background India was expected to grow in double digits in 2021-22. However, most… Continue reading Our broken growth model is in acute need of some repair work
Category: 9 PM Daily Articles
What good are BITs?
Source: Business Standard Relevance: Harnessing the potential of Bilateral Investment Treaties to promote economic growth Synopsis: Many of us in India are irritated when the country’s state agencies lose cases (example Cairn energy case), and large penalties have to be paid on account of Bilateral Investment Treaties (BITs). But from India’s viewpoint, it is efficient… Continue reading What good are BITs?
Making trade work for climate
Source: Business standard Relevance: On Carbon border tax and its impact Synopsis: An analysis of the complexities involved in dealing with climate change via measures like carbon border tax. Context The European Union’s (EU’s) plan for a carbon border tax (CBT) —that is, duty on imported goods like aluminium, steel, cement, and electricity from countries… Continue reading Making trade work for climate
Everything you want to know about CBDC
Source: Business Standard Relevance: CBDC, its potential impact, relevant suggestions Synopsis: The central bank digital currency will neither substitute nor compete with cryptocurrency; it’s just a wallet. An analysis of its inherent problems and a way forward. Contents1 Background2 About CBDC3 CBDC in India4 Impact of CBDC5 Concerns/Issues 6 Suggestions Background The RBI has been working… Continue reading Everything you want to know about CBDC
The sovereign right to tax is not absolute
Source: The Hindu and Livemint Relevance: This article explains India’s sovereign right to tax and its limitations Contents1 Synopsis:2 Introduction:3 Does the state have a sovereign right to tax?4 Then how a state’s taxation can be questioned? Synopsis: India has a sovereign right to tax, but that right is subject to certain limitations. Introduction: The government… Continue reading The sovereign right to tax is not absolute
The SC’s Amazon ruling upholds the doctrine of party autonomy
Source: Livemint Relevance: To understand the recent SC ruling and extension of the Indian Arbitration Act 1996. Synopsis: The SC order in Amazon’s case has answered two important judicial questions. What is the background of the event? Read here: Emergency arbitration award is applicable: Amazon wins in Supreme Court What is the story so far?… Continue reading The SC’s Amazon ruling upholds the doctrine of party autonomy
Cyclone-ravaged Sunderbans is now drowning in plastic
Source: The Hindu Contents1 Synopsis2 Background:3 What are the concerns raised by the NGOs?4 Steps to be taken: Synopsis The unregulated inflow of relief materials in the Sunderbans region has resulted in a new crisis in the cyclone battered region: Plastic Waste. Background: Sunderbans has been battered by many cyclones over the years, with Cyclone… Continue reading Cyclone-ravaged Sunderbans is now drowning in plastic
Standing with Kabul – India’s Afghan policy
Source: Indian Express Relevance: India’s Afghan policy post-US-exit from Afghanistan Synopsis: A lack of consensus on Afghanistan amongst the permanent members of UNSC means India will have to build international opinion around this topic gradually. Also, it should put pressure on Pakistan and the Taliban to make peace with Kabul. Analysis of India’s Afghan policy… Continue reading Standing with Kabul – India’s Afghan policy
The many hurdles for students
Source: The Hindu Relevance: This article explains the challenges faced by Indian students abroad and provides suggestions. Synopsis: Indian students studying overseas and those looking to go abroad face many COVID-related challenges Indian students in abroad: Students from China and India accounted for 47% of all active foreign students in the U.S. in 2020 Indian students… Continue reading The many hurdles for students
Addressing the quality deficit in India’s technical education
Source: The Indian Express Relevance: This article explains the issues surrounding Engineering education and suggestions to improve them. Synopsis: The problems surrounding Engineering education needs immediate attention. Contents1 Introduction:2 Challenges facing Engineering colleges:3 Other challenges:4 Present status of Engineering colleges:5 Suggestions: Introduction: Engineering is an applied science. But private entrepreneurs without the subject knowledge took the… Continue reading Addressing the quality deficit in India’s technical education
