News: Contemporary threats to the World and to India in 2022. What are the risks/threats that the world needs to confront this year? One, the future of democracy is under threat. The following reasons are Rise of authoritarian rulers in many countries. The attack on democratic tenets in recent years. America, seen as a bulwark… Continue reading India’s watchwords in a not so bright 2022
Author: Ram Manohar
It’s time for the world to reform capitalism from within
News: Pandemic has highlighted the need to reform capitalism to make it work for everyone and to make the world a better place to live in. Why there is a need for reforms in capitalism? Though Capitalism had helped in incentivizing science to develop and produce vaccines in record time, it also disincentivized allocation and… Continue reading It’s time for the world to reform capitalism from within
Some unemployment puzzles
News: India’s unemployment problem is not reflected in its unemployment rate. Its problem lies in the low employment rate and its discouraged young female labor force. Why the unemployment rate is not India’s most important labor market indicator? The unemployment rate was 7.9 percent in December 2021. This does not mean that the remaining 92.1… Continue reading Some unemployment puzzles
Pragmatism on investment
News: Recently, India’s foreign direct investment (FDI) policy was altered through a press note. But the government is re-examining extra scrutiny on Chinese investment. What was changed in FDI policy? Investment from countries with which India shared a land border would no longer be allowed through the automatic route. They have to be cleared in… Continue reading Pragmatism on investment
Search for tax evasion
News: The tax department has conducted a record level of searches in the current fiscal year. As reported by Business Standard last week, so far, the department has found an undisclosed income of Rs 32,000 crore. While it is encouraging that the tax department is working hard to make sure that everyone pays his or… Continue reading Search for tax evasion
Account aggregators are ready to widen Indian access to credit
News: Complementing the PMJDY, India recently unveiled the account aggregator (AA) network to overcome the challenges of access to micro-credit for individuals and micro, small and medium enterprises (MSMEs) The AA network along with Pradhan Mantri Jan Dhan Yojna (PMJDY) would help India formalize credit and boost economic growth in the post-covid era. What is… Continue reading Account aggregators are ready to widen Indian access to credit
How do SDRs help maintain balance of payments?
News: In July-September 2021, India received $31.2 billion foreign exchange reserves. Out of this, $17.86 billion was by way of Special Drawing Rights (SDR) support received from the International Monetary Fund. SDRs being one of the components of foreign exchange reserves (FER) of a country, an increase in its holdings is reflected in the BOP.… Continue reading How do SDRs help maintain balance of payments?
Predatory pricing is prising Indian livelihoods apart
News: Recently, all consumer goods distributors in Maharashtra were protesting against Colgate’s alleged unfair treatment of traditional distributors with respect to B2B technology companies such as JioMart, Udaan, and others. What is the issue? The manufacturer, Colgate, sells its product to the distributor for ₹40 and the distributors sell Colgate toothpaste to retail stores for… Continue reading Predatory pricing is prising Indian livelihoods apart
On Pak’s National Security Policy document: Pakistan gets serious
News: Pakistani National Security Division’s latest National Security Policy document released recently. There are five key takeaways for India. By this, it can be inferred that Pakistan has started looking inwards (domestic issues). Must Read: Pakistan’s National Security Policy: Pakistan security policy seeks 100 years of peace with India, but with caveat What are the… Continue reading On Pak’s National Security Policy document: Pakistan gets serious
If Siachen is back on Indo-Pak agenda, it is good news
News: Recently, the Indian Army Chief, General Naravane, in his press conference reportedly made a reference to the possibility of “demilitarisation of the glacial region” in Siachen. He said that Pakistan would have to first authenticate respective troop positions along the 110-km long actual ground position line (AGPL) in the Siachen-Saltoro Ridge region for any… Continue reading If Siachen is back on Indo-Pak agenda, it is good news
