The pathology of school closure in India

News: According to a United Nations report, India has become the country with the second longest COVID-19 pandemic-linked school closure in the world. Contents1 Why Indian schools remain reluctant to reopen?2 What has been done by the government?3 How adoption ‘PERI’ can help?4 What is the way forward? Why Indian schools remain reluctant to reopen?… Continue reading The pathology of school closure in India

Gaming and banning: On ban on online games

News: Recently, legislative attempts to prohibit online gaming have failed under judicial scrutiny. What was the issue? First, the amendments brought to existing regulations on betting and gambling in Karnataka have been struck down by the State’s High Court. Also, last year, the Madras High Court invalidated similar amendments that targeted online rummy and poker.… Continue reading Gaming and banning: On ban on online games

The Yogi, The CEO & The Lesson – On Algo Scam

News: Recently, the Securities and Exchange Board of India (SEBI) has issued the final order on the “Algo scam” at the National Stock Exchange (NSE). What is “algo scam” and what has happened? Read more here: https://forumias.com/blog/governance-breakdown/ What does this reveal? One, even if the information shared wasn’t price-sensitive, had nothing to do with trading… Continue reading The Yogi, The CEO & The Lesson – On Algo Scam

The myth of the trickle-down

News: This article says trickle-down is a flawed approach and that’s why Indian policymakers must discover India’s own model of development and shed defunct economic theories. How budget 2022-23 is aligned towards a trickle-down theory? The budget has not announced any populist measure, and taxes on incomes and wealth have not increased. Also, economists believe… Continue reading The myth of the trickle-down

LIC disinvestment: Right and wrong

News: The Government of India (GoI) is disinvesting 5 per cent of the shares of the Life Insurance Corporation of India (LIC). However, the GoI will retain control of the company. Why LIC should be privatized rather than disinvested? First, the previous experience shows outcome of disinvestment in public sector banks has not been good… Continue reading LIC disinvestment: Right and wrong

Niti versus Nyaya: When policy provisions deny people justice

News: A recently released paper titled Jailed for Doing Business by Gautam Chikermane of Observer Research Foundation and Rishi Agrawal of Teamlease Regtech has documented the jail provisions faced by Indian entrepreneurs. This article discusses the difference between Niti and Nyaya while discussing the over-regulation in Indian economy. What does the research paper reveal? There… Continue reading Niti versus Nyaya: When policy provisions deny people justice

GST has been a win-win taxation regime for the Centre and states

News: Recently, India’s chief economic advisor claimed that GST had led to a faster increase in revenues for states such as Tamil Nadu than the sales tax, which was collected earlier. How GST is a win-win taxation regime? First, definitions play a key role in comparisons. The definitional issue is important because the state’s own… Continue reading GST has been a win-win taxation regime for the Centre and states

A Blueprint to Revive Farming

News: The recently released Budget 2022-23 has increased the agricultural credit target to Rs 18 lakh crore for 2022-23 from Rs 16.5 lakh crore for the current fiscal, with an allocated subsidy of Rs 20,870 crore. What is the need to increase Agri-credit? First, both the budget speech and the Economic Survey 2021-22 recommended crop… Continue reading A Blueprint to Revive Farming

India’s semiconductor dream

News: Recently, the government has decided to extend the PLI (Production-Linked Incentive) scheme to encourage semiconductor manufacturing in India. Contents1 Why countries are focusing more on manufacturing of semiconductors?2 What steps has been taken in India?3 What is the scope of Fab manufacturing in India?4 What is the way forward? Why countries are focusing more… Continue reading India’s semiconductor dream

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