Context – The Government’s core belief in ‘minimum government’, which ties its hands when it comes to fiscal measures even in such harsh economic conditions. What are the reasons for the failure of stimulus packages? Lack of Demand– The aggregate demand for goods and services again is dependent on the income and purchasing power of people, which… Continue reading Government interventions
Category: 9 PM Daily Articles
Urbanisation and pandemic
Context: Prime Minister Narendra Modi’s call for a reimagining of urban planning and development to make cities and towns healthy and liveable after COVID-19. More on news: PM emphasised resetting the mindset, processes and practices for safe urban living, and acknowledged that governments actually do little for the working millions at the Bloomberg New Economy… Continue reading Urbanisation and pandemic
Judicial Barbarism
Context: Judicial barbarism is now a systematic phenomenon with deep institutional roots. How democratic barbarism and judicial barbarism are related? Democratic barbarism: It is a politics that sees protest, dissent, and freedom of expression all through the prism of potential enemies of the state. It occurs when the state treats a section of its own… Continue reading Judicial Barbarism
Governors’ mercy powers
Context- Supreme Court expressed unhappiness over the pendency of a plea by A G Perarivalan with the Governor of Tamil Nadu Banwarilal Purohit for over two years. What was the Supreme Court’s verdict over governor delay in deciding the plea for pardon? Supreme Court statement – Multi-Disciplinary Monitoring Agency (MDMA) investigation into the “larger conspiracy” behind Rajiv Gandhi… Continue reading Governors’ mercy powers
Biden presidency and new diplomacy
Context: The expected actions of the Biden presidency and its Political, Environmental and Global institutional implications. What are the present challenges to India under Biden’s presidency? Environmental: India’s environmental policies will be closely monitored and discussed world over. For example, the restrictions removed in mining of forests or on land use in the natural forests of… Continue reading Biden presidency and new diplomacy
Asian economies
Context: The post-pandemic global economy has often predicted that China’s appeal as a business destination would fade. What are the various strategies that can be pursued post pandemic global economy? ‘China +1’ strategy: The combination of the trade war and the COVID-19 crisis has resulted in firms establishing relatively small-scale operations elsewhere. This is perceived as a… Continue reading Asian economies
RBI sets up Reserve Bank Innovation Hub(RBIH)
News: Reserve Bank of India(RBI) has announced the setting up of an Innovation Hub under the chairmanship of Kris Gopalakrishnan.It has also selected two entities for testing products under regulatory sandbox structure. Facts: Aim: To create an ecosystem that would focus on promoting access to financial services and products and will also promote financial inclusion. Features: The… Continue reading RBI sets up Reserve Bank Innovation Hub(RBIH)
Women workforce
Context – Declining female labour force participation. Why in news- Year 2020 marked as- The nearly fifty years since the Committee on the Status of Women in India (CSWI) submitted the report ‘Towards Equality’ to the United Nations (UN). It focused on women-sensitive policymaking in India, providing a fresh perspective on gender equality. The 25th anniversary of the Beijing Platform… Continue reading Women workforce
The right lessons from Pulwama and Balakot
Context: Recently, Pakistan’s Opposition MP, Sardar Ayaz Sadiq, alleged that the PTI government released the captured Indian fighter pilot, Abhinandan Varthaman due to fear of an imminent missile strike from India. Background On 14 February 2019, the suicide car bomb blast in Pulwama led to the death of 40 Central Reserve Police Force personnel. Avenging this, the Indian… Continue reading The right lessons from Pulwama and Balakot
Draft Data Centre Policy,2020
News: Ministry of Electronics & Information Technology (MeitY) has released the Draft Data Centre Policy,2020. Facts: Aim: Making India a Global Data Centre hub, promote investment in the sector, propel digital economy growth, enable provisioning of trusted hosting infrastructure to fulfil the growing demand of the country and facilitate state of the art service delivery… Continue reading Draft Data Centre Policy,2020