Cost of Doing Business

Synopsis: Governments must focus on lowering prices and reducing regulatory constraints rather than focusing on ease of doing business. Introduction Recently, the IMF’s executive board expressed confidence in the leadership of Kristalina Georgieva in the Doing Business survey controversy that raised doubts over the integrity of Ease of the Doing Business (EoDB) rankings. What are… Continue reading Cost of Doing Business

Clearing the air on water: On Parambikulam Aliyar Project

Synopsis: With political will, Kerala and Tamil Nadu can overcome hurdles to renew the Parambikulam Aliyar Project agreement. What is Parambikulam Aliyar Project? It provides for the diversion of 30.5 thousand million cubic feet (tmc ft) annually from Kerala to Tamil Nadu. This major project with an outlay of ₹138 crore was completed in 1972.… Continue reading Clearing the air on water: On Parambikulam Aliyar Project

The challenge that lies before the farmers’ agitation

Synopsis: The Farmers’ agitation must overcome not only the momentary challenge caused by the Singhu killing but the larger challenge of becoming a robust movement. Introduction Agitations can turn into movements due to the rigidness of rulers. But even as agitations transform into movements, they run many risks. For instance, the lynching and murder that… Continue reading The challenge that lies before the farmers’ agitation

2021: A hypersonic space odyssey that we must brace for

Synopsis: The increasing arms race has forced India to not just prioritize economic growth but keep pace on evolving technology in the defence sphere. Introduction Suddenly, the world finds itself at the beginning of a new military space race with China, the US and to a less extent Russia as the main participants. It has… Continue reading 2021: A hypersonic space odyssey that we must brace for

India’s productivity challenge is especially steep in-service sectors

Synopsis: While low-productivity services will continue to employ the majority of the country’s workforce, there is no clear-cut policy path to improve the productivity of workers in these sectors. Introduction It is known that productivity is the key to economic prosperity. But the policy solutions needed to raise the productivity of service workers remains one… Continue reading India’s productivity challenge is especially steep in-service sectors

Clear regulations: On digital gold

Synopsis: Address regulatory gaps for digital gold. What is the issue? Recently, the Securities and Exchange Board of India (SEBI) issued an advisory, forbidding registered investment advisers from engaging in unregulated activities such as providing platforms for dealing in unregulated products, or otherwise facilitating such trades. While assets like cryptocurrencies and non-fungible token (NFT) do… Continue reading Clear regulations: On digital gold

We mustn’t lose time on enacting a data protection law

Synopsis: India needs to pass its own data protection law as soon as possible in order to demonstrate our leadership at the global level in this newly-emerged but important field of jurisdiction. What is the significance of Puttaswamy and Others vs. Union of India and Others case? A 9-judge bench of India’s Supreme Court passed… Continue reading We mustn’t lose time on enacting a data protection law

What Mauritius’ exit from FATF’s ‘grey list’ means

What is the issue? Mauritius was placed in FATF’s grey list in February 2020, however, the Financial Action Task Force (FATF), has moved Mauritius out of its grey list in the October 2021 plenary held last week. FATF had in the June 2021 plenary agreed that Mauritius had completed putting into force an action plan… Continue reading What Mauritius’ exit from FATF’s ‘grey list’ means

Decoding The Unicorn Nation

Synopsis: India’s demographic dividend may finally be realized through the digital dividend How COVID helped in India’s digital transformation? Though, Covid left indelible scars, but it propelled India to the top of the league of digitally connected nations. Compelled to adapt their lives and livelihoods to a 4×5” smartphone screen, the virus forced the entire… Continue reading Decoding The Unicorn Nation

Post-Covid economy needs intellectual re-evaluation

Synopsis: Central banks across the world are facing a great challenge to control inflation Introduction The global financial crisis and the current pandemic are likely to reorient our thinking on conventional macroeconomics. For example, there are now serious doubts on the long-standing wisdom that the economy functions best with an “invisible hand” and with minimum… Continue reading Post-Covid economy needs intellectual re-evaluation

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