Synopsis: Pandora Papers reveal complex issues associated with offshore investments. Introduction Pandora Papers consist of as many as 12 million documents belonging to 14 global corporate services firms, which set up about 29,000 off-the-shelf companies and private trusts in obscure tax jurisdictions. Must read (Only new points are covered in this article): Pandora Papers and… Continue reading Pandora papers reveal legislative limits of preventing tax dodging
Category: 9 PM Daily Articles
Privatisation is far more difficult than consolidation
Synopsis: The government is looking to privatise the PSBs for strengthening the banking sector. But the Privatisation of PSBs is a complex one. Introduction Recently, the Finance Minister mentioned that India needs more banks to match the scale of the nation’s largest lender, the State Bank of India. This is because India (Asia’s third-largest economy) is… Continue reading Privatisation is far more difficult than consolidation
The many questions arising from QES data
Synopsis: The first quarter data of QES talks about different employment statistics Introduction Recently, the Labour Bureau has released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter of 2021 (April to June). The Sixth Economic Census serves as the basis of the QES survey. The survey covers establishments employing 10… Continue reading The many questions arising from QES data
Taxing big tech where it earn profits
Synopsis: India signed a deal to enforce GMCT in India, but it has to alter its taxation system to bring respective reforms. Introduction India with another 135 countries agreed to enforce a pact to impose a minimum corporate tax rate of 15%, and an equitable system of taxing profits of big companies in markets where they… Continue reading Taxing big tech where it earn profits
India needs a carbon policy for agriculture
Synopsis: The share of agriculture in India’s total emissions has gradually declined. However, in absolute terms emissions from agriculture have increased to a level similar to China’s. India needs to take steps to address this issue. Introduction In its recent assessment report, Intergovernmental Panel on Climate Change (IPCC) has issued “code red” to humanity as… Continue reading India needs a carbon policy for agriculture
Let HC Judges retire when SC Judges do, At 65
Synopsis: Uniform retirement ages for HC & SC judges is required to reflect the contemporary needs. Introduction Today, SC is one of the prestigious institutions in India. Elevation to which is also seen as a matter of great prestige. There is a debate going on between experts to increase the retirement age of High Court (HC)… Continue reading Let HC Judges retire when SC Judges do, At 65
A ‘Taiwan flashpoint’ in the Indo-Pacific
Synopsis: The historic rival claims of territory and independence by China and Taiwan is seeing a new turn with the US questioning the One China policy. Introduction Recently the “One China policy” of the People’s Republic of China has been challenged by the USA, though it still stands with a one-China policy. In 1979, the USA recognized… Continue reading A ‘Taiwan flashpoint’ in the Indo-Pacific
What the attacks against minorities in Kashmir reveal
Synopsis: Reasons behind recent terrorist attacks in Kashmir, challenges involved and the future course of action. Introduction The targeted terror attacks against minorities in Kashmir indicate a dangerous move. Sikhs and Hindus were identified and shot for being who they are. It also led to Muslim casualties. The purpose was to spread terror, threating minorities… Continue reading What the attacks against minorities in Kashmir reveal
Coal’s problems are governance, not climate regulation
Synopsis: The recent power shortage crisis in India is not about coal, and neither it is about climate action. It’s about poor governance. Introduction It is the worst news possible for a world struggling to recover from a pandemic while also trying to increase its effort to combat climate change: Power shortages in China and… Continue reading Coal’s problems are governance, not climate regulation
Need Smart Govts For Checking Big Tech
Synopsis: This article is based on ideas from a book on how governments can check the power of big techs. Introduction The book System Error: Where Big Tech Went Wrong and How We Can Reboot, has been written by Stanford University professors Rob Reich, Mehran Sahami, and Jeremy M Weinstein. This book talks about the… Continue reading Need Smart Govts For Checking Big Tech
