Source: Business Standard Relevance: Filling of vacancies is not necessary always. Technology can ensure that a high operational efficiency is maintained even with a lean workforce. Synopsis: Worries about vacant positions in the Income Tax (IT) department and their impact on tax collection may be misplaced in a world of technological disruptions. Contents1 Background2 Performance… Continue reading Towards a lean tax department
Category: 9 PM Daily Articles
Needed: an anti-trafficking law
Source: The Hindu Relevance: Eliminating Human trafficking altogether is a moral and constitutional responsibility Contents1 Synopsis:2 Introduction:3 COVID-19 and Trafficking:4 About the Trafficking in Persons (Prevention, Care and Rehabilitation) Bill:5 How essential is the legislation?6 Suggestions to end trafficking in India: Synopsis: Human trafficking is a crime in itself, but it is also the propeller of… Continue reading Needed: an anti-trafficking law
Stimulus ‘inadequate’, 25% of MSME loans may default: Panel
Source: Indian Express Relevance: A legislative group assessed the stimulus package for MSMEs by the Central government. Synopsis: Concerned about the dire state of small businesses, the committee advised that the government announce a “bigger economic package aimed at increasing demand, investment, exports, and job creation to help the economy, particularly MSMEs.” Introduction The stimulus… Continue reading Stimulus ‘inadequate’, 25% of MSME loans may default: Panel
Let’s make room for the river
Source: The Hindu Relevance: Mitigation of flood is an important topic in Disaster Management Contents1 Synopsis:2 About the flood in Europe:3 How Climate change can cause floods?4 The Dutch example:5 Lessons for India from Floods in Europe: Synopsis: The recent floods in Europe are a wake-up call for us to adopt the Dutch mantra, ‘live with… Continue reading Let’s make room for the river
Climate change has raised tricky questions over policy responses
Source: Livemint Relevance: Mitigation of climate change and its effect is an important topic in the Environment. Contents1 Synopsis:2 About the G20 environment ministers meet:3 Challenges in mitigating climate change:4 Suggestions to mitigate climate change: Synopsis: The G20 environment ministers can speak of ambitious goals. But to succeed in mitigation measures towards Climate change, the world… Continue reading Climate change has raised tricky questions over policy responses
How the factoring business can help small companies
Source: Livemint Relevance: Factoring will be one of the measures to revive MSMEs. Synopsis: Recently, the Lok Sabha cleared the Factoring Regulation (Amendment) Bill that aims to support this sector. Contents1 Introduction:2 What is factoring business?3 How it is done?4 What does the new Act seek to achieve? Introduction: Micro, small and medium enterprises (MSMEs) persistently face … Continue reading How the factoring business can help small companies
Theatre Commander under Chief of Defence Staff is not a good idea
Source: Indian Express Relevance: Issues pertaining with reorganisation of operational assets of the three services into four theatre commands. Synopsis: Forming a separate air defence command for the air defence of the entire nation seems an impractical idea considering our resource limitations. Contents1 Background2 Naresh Chandra Committee3 Concerns4 Why, a separate air defence command, is… Continue reading Theatre Commander under Chief of Defence Staff is not a good idea
What is prepackaged insolvency resolution & how does process work?
Source: Business Standard Synopsis: This article analyses the prepackaged insolvency resolution. Read about – Pre-pack insolvency mechanism Contents1 What is the prepackaged insolvency resolution?2 How does the process work?3 How is it different from the corporate insolvency process?4 Eligibility for a pre-pack option?5 What are the benefits of the prepackaged scheme? What is the prepackaged… Continue reading What is prepackaged insolvency resolution & how does process work?
Beyond corporate deleveraging
Source: Business Standard Synopsis: Without higher exports, India would not be able to attain higher sustainable growth in the coming years. Contents1 Deleveraging process in India2 What does this imply?3 Government resources are constrained4 Exports are Key to Sustain Growth Deleveraging process in India Indian companies are reducing debt on their books and increasing their… Continue reading Beyond corporate deleveraging
Andhra Pradesh and Telangana water-share war seems far from over
Source: Business Standard Relevance: Interstate water disputes are a threat to national unity. Therefore, their resolution is of utmost importance. Contents1 Synopsis:2 Background:3 About the notification:4 Timeline of Dispute: Synopsis: The Krishna-Godavari rivers may have their respective management boards now, but the tussle between Andhra Pradesh and Telangana over water-sharing seems far from over. Background:… Continue reading Andhra Pradesh and Telangana water-share war seems far from over
