News: Massive stimulus packages, given during the pandemic, could lead to high inflation amid low growth, if global production capacity lags overall demand. Contents1 Why the stimulus packages were given?2 What is the consequence?3 What are the implications for India?4 What is the way forward? Why the stimulus packages were given? As the pandemic spread… Continue reading We’re on a knife’s edge between global reflation and stagflation
Author: Ram Manohar
A new era in public procurement
News: Recently, the Department of Expenditure in the Ministry of Finance, issued a notification on the General Instructions on Procurement and Project Management. These instructions set out a number of desirable actions in government purchases of works contracts and services. Currently, these are applicable to only Central government entities and Central public sector units. The… Continue reading A new era in public procurement
On Blockchain: The next big tech revolution
News: Blockchain technology will be the next big tech revolution. Contents1 What is blockchain technology?2 How the blockchain technology works?3 Why the blockchain technology is so promising?4 Why blockchain and its related technologies are looked at with deep suspicion? What is blockchain technology? A blockchain is a digital ledger that allows parties to transact without… Continue reading On Blockchain: The next big tech revolution
Wanted: New leaders to tackle climate change challenge
News: CoP 26 has been successful in making countries commit to climate change mitigation policies. However, many issues have still been left unaddressed due to politics. COP27, therefore, should be led by a collective of experts and leaders, who can accelerate the implementation of the action plan towards net-zero. In this context, climate change governance needs… Continue reading Wanted: New leaders to tackle climate change challenge
Neo-socialism: State’s expanding tech biz
News: Reuters recently reported that Visa Inc. had complained to the US government about India’s “informal and formal” promotion of domestic payments rival RuPay. In this context, state’s direct intervention in digital tech initiatives has been criticised by some as socialisation of fintech. What complaints have been raised by Visa Inc and Master card? Mastercard… Continue reading Neo-socialism: State’s expanding tech biz
What the NFHS data reveals about inequality in India
News: The release of the NFHS data and the NITI Aayog’s study on developing a multidimensional index of poverty (MPI) has led to a considerable amount of discussion. In recent articles, experts have pointed out the existence of regional inequality in development, using many statistics in support of their argument. However, a detailed examination (by… Continue reading What the NFHS data reveals about inequality in India
A leap forward for fusion power
News: Physicists at the National Ignition Facility, Lawrence Livermore National Laboratory, in Livermore California, claim to have generated nearly as much energy as they put into an inertial confinement system. This development is regarding the break through research in nuclear fusion process. Though Nuclear fusion has many benefits, some drawbacks make it unviable as of… Continue reading A leap forward for fusion power
COP27, in Egypt, must focus on food systems
News: The United Nations Special Envoy for Food Systems Summit, has called for an unprecedented focus on food systems — food and agriculture — by ensuring that COP27 (in Egypt) has a dedicated focus on this. There is a need to reimagine our food systems, which requires us to look at food systems through the… Continue reading COP27, in Egypt, must focus on food systems
India finalises cooperation plan to revive Covid-hit Sri Lanka economy
What is the news? India and Sri Lanka have agreed to a four-pronged package comprising initiatives on food and energy security to help mitigate Sri Lanka’s economic crisis. What is the four-pronged package that has been finalised between India & Sri Lanka? 1). Urgent food and health security package that includes an extension of a… Continue reading India finalises cooperation plan to revive Covid-hit Sri Lanka economy
India’s repeal of farm laws won’t resolve our real crisis of farming
News: The repeal of Farm laws is unlikely to end farmer worries. The need of the hour is to reform agriculture. What are the issues being faced by the agricultural sector? Farming in India is faced with many problems that makes farmers livelihood unsustainable. For example, the sector is faced with rising input costs and… Continue reading India’s repeal of farm laws won’t resolve our real crisis of farming
