Author: Ram Manohar

News: Recently, The Supreme Court has ruled some changes in the Real Estate Regulatory Authority Act (RERA) to protect the interests of homebuyers. Read more: What SC order on RERA means for homebuyers What did the court rule on homebuyers recovering their investment? The Supreme court observed that, under Sec. 40 RERA 2016, the homebuyers… Continue reading How SC verdict on real estate Act benefits homebuyers

News: Despite the demonstrated benefits of micro irrigation in the sustainability of Indian agriculture, the industry that provides the resources for it is currently struggling to survive. What are the benefits of micro irrigation system? – water savings in comparison with flood irrigation. – decrease in electricity consumption. – the adoption of micro irrigation results… Continue reading An SOS call from the Indian micro-irrigation industry

News: Inflation data based on the consumer price index (CPI) released this week suggest that, inflation has decreased compared to the previous months. This may be good news for the Reserve Bank of India, but any complacency would not only be premature, it could also create challenges for an economic recovery. Why India should not get… Continue reading The government should prepare for a sustained spell of inflation

News: The current increase in global trade offers an opportunity for India to get its exports’ strategy in order before growth dips again. Contents1 What are the factors that have contributed to the growth in exports?2 How does India stand to gain from this trend?3 What are the risks that can offset exports trade?4 What… Continue reading Time to harvest the tailwind in exports

News: Recent decision by multiple municipalities across the state of Gujarat to ban vendors selling non-vegetarian food has led to vendor organizations planning protests across these cities. Contents1 What are the critical roles played by street vendors?2 What are the issues faced by Street vendors?3 What steps are being taken to ensure the development of… Continue reading Vending For India

News: Digital divide is not the only reason behind the educational divide, there are socio-economic reasons also. The covid-induced online education system has highlighted the divide between the digital haves and have-nots, which is a reflection of economic inequality. The distribution of smartphones and laptops to children to bridge the digital divide will not solve… Continue reading Digital divide in education can’t be bridged by laptops and smartphones alone

News: Increase in formalisation is not a consequence of micro and small informal firms transitioning to formality. A recent study by SBI estimates that the share of the informal economy has fallen to a mere one-fifth of GDP — a figure comparable to many advanced economies. However, the supposed formalisation that happened during the pandemic… Continue reading Understanding why the informal sector really shrank during the pandemic

News: Global Climate Risk Index has many fault lines hence, effective methods to manage climate change are needed. Global Climate Risk Index” (GCRI), published annually by GermanWatch, ranks 180 countries based on the impact of extreme weather events and associated socio-economic data from 2000-2019. It aims to forewarn countries about the possibility of more frequent… Continue reading Wide fault lines within the Global Climate Risk Index

News: Economists view trade openness as one of the most critical elements in a country’s development policy. Why India should review its trade protectionist policies? The principle of comparative advantage: Freeing up trade moves a country towards specialization in products. This encourages the country to move towards products with low output costs and move away… Continue reading Why We Must Trade Freely

News: The Reserve Bank of India (RBI) is thinking to approach the Union government to ask for tax benefits for retail investors investing in government bonds through its platform. The idea behind the RBI’s Retail Direct Scheme, to increase the ease of investment in government bonds for individual investors and widen the pool of investors… Continue reading Unnecessary intervention – RBI’s Proposal of tax benefits for retail investors