News: The US Federal Reserve has raised its federal funds rate by another 75 basis points to tame inflation. The Reserve Bank of India (RBI) has also raised its policy rate, including an inter-meeting rate hike. Contents1 Inflation Forecasts2 What are the reasons for inflation forecast revision?3 What is the appropriateness of an inflation-targeting regime?4… Continue reading Oil prices are not the real policy challenge for countries like ours
Author: Luv Sharma
Trained but unemployed
News: In a recent interview, the Minister of State for Skill Development and Entrepreneurship said the government was spending ₹ 5,000 crore on skill development initiatives. Further, the government seeks to recruit one million people in 18 months Contents1 Background2 2nd Iteration3 3rd Iteration4 Overall Achievements5 Way Forward Background The government announced the Pradhan Mantri… Continue reading Trained but unemployed
On Centre’s plan to recruit 10 lakh personnel in 18 months: Waiting for jobs
News: The Centre’s decision to recruit personnel to fill vacancies is a nod to the festering unemployment issue Moreover, for a nation that has had a significant demographic dividend finding productive employment for its youth was to be an imperative for India. What is the situation wrt unemployment in India over the years? In the… Continue reading On Centre’s plan to recruit 10 lakh personnel in 18 months: Waiting for jobs
There is a concerted effort to plug procedural gaps in death penalty sentencing
News: Recently, the Supreme Court of India delivered a judgment in Manoj & others v. State of MP which attempted to reform the administration of the death penalty. The judgment is prominent in India’s criminal justice jurisprudence. The SC’s Observations It reflected the state of the death penalty in the country. It attempted to fix… Continue reading There is a concerted effort to plug procedural gaps in death penalty sentencing
Iran foreign minister’s visit reaffirms resolve of two countries to strengthen ties
News: Iran’s Foreign Minister was on a three-day visit to India in keeping with Iran’s “Asia-oriented” foreign policy. It was the first ministerial-level visit from Iran since Ebrahim Raisi assumed the Iranian presidency. What is the convergence of interests between India-Iran? The “Tehran Declaration” between India and Iran affirmed the shared vision of the two… Continue reading Iran foreign minister’s visit reaffirms resolve of two countries to strengthen ties
Bulldozer injustice to ‘teach a lesson’
News: In recent times, a fringe but influential national spokesperson has been alleged for inciting violence by saying something offensive about the Prophet. Laws in India The Constitution of India permits only a peaceful assembly without arms. Violence in protests cannot be justified under any circumstances. There are adequate provisions in the Indian Penal Code… Continue reading Bulldozer injustice to ‘teach a lesson’
The reasons behind the crashing crypto market
News: Bitcoin and many other cryptocurrencies have been crashing since they hit an all-time high late last year. Bitcoin has lost more than two-thirds of its value since it hit a peak of around $69,000 in November last year. Ethereum, another cryptocurrency popular among investors, has lost almost 80% from its peak. As a result,… Continue reading The reasons behind the crashing crypto market
Let’s pin down the elusive ‘E’ of ESG transition finance
News: Weather events are frequently impacting lives. India has given national commitment to net zero carbon emissions. Therefore, India should focus on Sustainable climate funding initiatives that broadly comprise the ‘E’ of ESG transition finance. Possible Interventions for transition towards sustainable development in India In General The 3 ‘R’: recycle, re-use and reduce are crucial… Continue reading Let’s pin down the elusive ‘E’ of ESG transition finance
The jobs push
News: The Centre recently announced plans to recruit 10 lakh people in ministries and departments over the next one-and-a-half years. This might not be enough considering the scale of the unemployment problem that India is facing. Private sector’s contribution will be needed. Contents1 The underlying structure of India’s economy2 What is the key challenge?3 Issues… Continue reading The jobs push
Hate speech, IPC Sec 295A, and how courts have read the law
Context: The debate surrounding the comments on Prohpet Mohammad have put the spotlight on the law that deals with criticism of or insult to religion. Provisions in the Indian Penal Code (IPC), primarily Section 295A, define the contours of free speech and its limitations with respect to offences relating to religion. India does not have… Continue reading Hate speech, IPC Sec 295A, and how courts have read the law
