What is the news? A reply from Ministry of home affairs to a question in Rajya Sabha has revealed that Over 16,000 people committed suicide due to bankruptcy or indebtedness while 9,140 people ended their lives due to unemployment between 2018 and 2020. How has pandemic led to this problem? The highest number of… Continue reading Suicides due to unemployment highest in Covid hit 2020
Author: Luv Sharma
Geomagnetic storm that killed Starlink satellite
What is the news? Dozens of Satellites that were part of the Starlink Project were caught in a geomagnetic storm a day after they were launched. This is being described as an unusual and huge event, as around 40 satellites, most of a single launch batch, were lost in a single solar event. What are… Continue reading Geomagnetic storm that killed Starlink satellite
Why we ought to replace legalese with plain language
News: Recently, judges of India’s Supreme Court were unable to comprehend a judgement of Himachal Pradesh high court due to its dense legal language. Contents1 Why is there a use of such dense language in legal documents? 2 What are the consequences of this? 3 What is the situation in other countries? 4 What is the way… Continue reading Why we ought to replace legalese with plain language
Tax incentives for Philanthropy
News: Civil society plays a key role in development of the society. Hence, it is important to study various aspects that affect its functioning. Despite this, impact of tax incentives on charitable donations has not been systematically studied in the Indian context. Contents1 Is there any global in-depth research on the role of tax incentives… Continue reading Tax incentives for Philanthropy
Reducing edible oil imports
News: Government has extended the stockholding curbs on oilseeds and edible oils. This may prove to be harmful for India’s vision of boosting the output of oilseeds to reduce dependence on imports for edible oils. Why is this step harmful for the economy’s health? Wrong signal to market: Economic Survey has also cautioned against such knee-jerk… Continue reading Reducing edible oil imports
RBI shouldn’t rush the launch of India’s official digital rupee
News: Rushing the implementation of a digital rupee is fraught with unnecessary risks. Contents1 What are the advantages and associated issues of a CBDC?2 What is the global situation wrt a digital currency?3 Why has India set an early deadline to launch a CBDC?4 What is the way forward? What are the advantages and associated… Continue reading RBI shouldn’t rush the launch of India’s official digital rupee
INDIA’S FRAMEWORK FOR CRYPTO TAX STILL NEEDS WORK
News: The recent decision to tax Cryptocurrency by 30% has received mixed reactions. A more robust regulatory framework is needed. Contents1 Has India legitimized Cryptocurrency?2 How Virtual Digital Assets (VDAs) have been defined and issues with the definition?3 Is Bitcoin a foreign currency?4 What is the policy approach wrt NFTs and the associated issues?5 What… Continue reading INDIA’S FRAMEWORK FOR CRYPTO TAX STILL NEEDS WORK
E-fasting can minimize E-waste
News: Electronic (e-waste) is emerging as a serious public health and environmental issue globally in this century. Why is e- waste generated and how different countries fare on the e-waste generation metric? When obsolete devices are replaced by new devices due to the advent of new technologies, this, in turn, results in electronic waste. United States… Continue reading E-fasting can minimize E-waste
A self-reliant Pharma Industry
News: As pharmaceuticals industry is a key sector for the Atmanirbhar Bharat programme, Government introduced Production-Linked Incentive (PLI) scheme in this sector. A prime objective was to reduce import dependence on Active Pharmaceutical ingredients (APIs), Drug Intermediaries (DIs), and Key Starting Materials (KSM. However, response to the scheme has not met expectations. What is PLI… Continue reading A self-reliant Pharma Industry
How to create a better power distribution Network
News: Government in July 2021 launched Revamped Distribution Sector Reform Scheme (RDSS) scheme This is the latest of many central government grant-based programmes towards electricity distribution network investments. This has been introduced to increase access and improving performance in the electricity distribution sector. What is the Revamped Distribution Sector Reform Scheme (RDSS) scheme? The… Continue reading How to create a better power distribution Network
