Source: This post is based on the article “Banks could end up beholden to online platforms with reach” published in Livemint on 30th August 2021. Relevance: Disruption in the banking sector by tech giants. Synopsis: Deposit mobilization through Big Tech apps might weaken banks. What has happened? According to a press release, Equitas Small Finance… Continue reading Banks could end up beholden to online platforms with reach
Author: Luv Sharma
Making NMP work
Source: This post is based on the following articles published on 31st August 2021: Asset monetization mustn’t end up as a Potemkin show – Livemint A monetization move that doesn’t tick most boxes – The Hindu Making NMP work – Business standard Relevance: Resource Mobilisation Synopsis: Challenges in the Implementation of National Monetisation Pipeline (NMP) and suggestions to overcome those challenges. Is asset… Continue reading Making NMP work
How private businesses imperil our health as well as prosperity
Source: This post is based on the article “How private businesses imperil our health as well as prosperity” published in Livemint on 31st August 2021. Relevance: Corporate Responsibilities, Indian Industries and growth. Synopsis: Private sector receives so much from the government such as tax breaks and subsidies but offers very less in return to the citizens of… Continue reading How private businesses imperil our health as well as prosperity
Getting finance onside for climate
Source: This post is based on the article “Getting finance onside for climate” published in Business Standard on 30th August 2021. Relevance: Role of finance in alleviating climate crisis. Synopsis: Climate crisis demands enormous economic and societal changes. The challenge is manageable. But if it is to be managed well, finance must play its part.… Continue reading Getting finance onside for climate
Key priorities for employment policy
Source: This post is based on the article “Key priorities for employment policy” published in Business Standard on 30th August 2021. Relevance: Employment Generation in India and Employment strategy for India. Synopsis: Measures that generate income for the poor are more important than modifying the applicability threshold for labour laws. Context Several decades of relatively high… Continue reading Key priorities for employment policy
We ought to clarify ourstance on Chinese apps
Source: This post is based on the articles “Banning Chinese apps has proved to be ineffective” & “We ought to clarify our stance on Chinese apps” published in Business Standard and Livemint respectively on 30th August 2021. What is the news? A little over a year after India’s post-Galwan crackdown on Chinese apps for smartphones,… Continue reading We ought to clarify ourstance on Chinese apps
Adopting crypto assets as currency is a risky bet: IMF
Source: This post is based on the article “Adopting crypto assets as currency is a risky bet: IMF” published in Livemint on 31st August 2021. What is the news? The International Monetary Fund (IMF) has warned that adoption of crypto assets such as Bitcoin as national currency can impact a country’s macroeconomic stability. The warning came ahead… Continue reading Adopting crypto assets as currency is a risky bet: IMF
Free and Open Source Software (FOSS) has great potential in government applications
Source: Indian Express Relevance: Using open source technology to improve public services in India. Synopsis: India announced a policy to encourage open source in 2015. However, the true potential of this policy is yet to be realized, largely due to constraints in public procurement processes. A look at the misconceptions about FOSS and a… Continue reading Free and Open Source Software (FOSS) has great potential in government applications
NITI Aayog caught in e-com cross hairs
Source: Business Standard What is the news? Confederation of All India Traders (CAIT) has criticized NITI Aayog on its opposition to some of the e-commerce policy rules. In June, the consumer affairs ministry had proposed a range of amendments under the Consumer Protection (E-Commerce) Rules, 2020, to ‘’protect the interests of consumers and encourage fair… Continue reading NITI Aayog caught in e-com cross hairs
Climate induced migration – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Climate induced migration (both internal and external) is a stark testimony to the unsustainable global development model that we have followed for years. The climate change crisis is now forcing people to flee their homes across the world. Migrants from Africa are risking their lives to cross the Mediterranean and… Continue reading Climate induced migration – Explained, pointwise
