Author: ForumIAS

Towards a new financial resolution regime:  Context Recently introduced Financial and Resolution and Deposit Insurance Bill, 2017 is seen as an effective and updated mechanism for resolving bankruptcy in financial firms. The Financial Resolution and Deposit Insurance Bill 2017, or FRDI Bill, is a positive affirmation of the lessons learned during the global financial crisis… Continue reading Towards a new financial resolution regime: 

Time for course correction: Context Central Statistics Office (CSO) released the estimates of the gross domestic product (GDP) for the first quarter (April – June) of 2017-18 and the growth rate has fallen below 6%. What are the significant figures? In Q1 of 2017-18, GDP grew by 5.7% whereas the economy grew at 7.1% in… Continue reading Time for course correction:

More than 1 lakh directors at shell firms identified for disqualification:  Context The Ministry of Corporate Affairs (MoCA) has identified 1.06 lakh directors of ‘shell companies’ for disqualification under the relevant provisions of the Companies Act, 2013. Why is it done? To break the network of ‘shell companies’ and the fight against black money/money laundering… Continue reading More than 1 lakh directors at shell firms identified for disqualification: 

‘Stringent action to prevent data misuse’: Context: Government’s commitment to ensuring data protection. Introduction: The IT Minister assured that unauthorized use of data would be dealt with stringent actions. The Government wants to make data analytics a national movement. Why is such a stringent stand of the government required?   Big data analytics can help… Continue reading ‘Stringent action to prevent data misuse’:

A fragile ark that shelters 2,626 creatures:  Context: Zoological Survey of India produces first exhaustive compendium of animal diversity in the Sundarban islands and the threats it faces. Introduction:                   The Sundarbans is the only tiger-mangrove kingdom in the world and is home to globally threatened species such as the Bengal tiger, sea turtle, fishing… Continue reading A fragile ark that shelters 2,626 creatures: 

Articles Of Faith:  Supreme Court’s places of worship ruling betrays a selective reading of constitutional provisions. Context: Supreme Court judgment in State of Gujarat v Islamic Relief Committee. SC observed that a “substantial part of taxpayers’ money cannot be granted for repairing religious structures”. The Case: Under appeal before the apex court was the Gujarat… Continue reading Articles Of Faith: 

50 years before Doklam, there was Nathu La: Recalling a very different standoff:  Brief background Around five years after the 1962 war, India and China had clashed militarily, a conflict the Chinese rarely talk about. It took place at Nathu La, not far to the northwest of the Doklam plateau. More than 300 Chinese were… Continue reading 50 years before Doklam, there was Nathu La: Recalling a very different standoff: 

Deciphering China’s trade deceptions:  Context Recently, China accused India of starting a trade war when the latter decided to extend anti-dumping duty on 93 products imported from China for another five years. China and WTO Until the 1970s, China’s economy was managed by the communist government and was kept closed from other economies. China became… Continue reading Deciphering China’s trade deceptions: 

Embrace the Rohingya:  Context  Centre needs to re-think its deportation policy as Rohingyas face a grave threat in Myanmar Governments decision against all immigrants including 14,000 Rohingya is sought to be justified on the grounds that They are “susceptible” to recruitment by “terror” groups They “not only infringe on the rights of Indian citizens but… Continue reading Embrace the Rohingya: 

Stung India slams ‘inaccurate’ UN reports: Context: India terms the UN Human Rights Council’s report on Human Right violation in India selective. What is the report all about? The United Nations Human Right Council has released report on the status of Human Rights in 40 countries. What has been said about India? India is being… Continue reading Stung India slams ‘inaccurate’ UN reports: