Source: This post is based on the article “Integrity of insolvency processes: A tough ask” published in Live Mint on 2nd September 2021. Syllabus: GS3- Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment Relevance: Role of Insolvency bankruptcy code in maintaining the health of financial institutions. Synopsis: Issues hampering the… Continue reading Integrity of insolvency processes: A tough ask
Author: Ram Manohar
Gauging household income key for microfinance clients
Source: This post is based on the article “Gauging household income key for microfinance clients” published in The Hindu on 2nd September 2021. Syllabus: GS3– Mobilization of Resources, Growth, Development Relevance: Credit growth, Micro-Finance Synopsis: An accurate assessment of household-level incomes would avoid instances of over-indebtedness and ensure the long-term stability of the ecosystem. Contents1 Introduction2 What… Continue reading Gauging household income key for microfinance clients
Fleeting cheer (On impact of COVID on GDP and the future scenario)
Source: This post is based on the article “Fleeting cheer” published in The Hindu on 2nd September 2021. Syllabus: GS3 – Economy Relevance: Impact of the pandemic on growth Synopsis: The latest GDP estimates show that national output rebounded in Quarter 1. However, the numbers show a different picture when compared with the pre-pandemic first… Continue reading Fleeting cheer (On impact of COVID on GDP and the future scenario)
The truth about asset monetisation
Source: This post is based on the article “The truth about asset monetisation” published in Indian Express on 1st September 2021. Relevance: Resource mobilisation and Investment in Infrastructure Synopsis: Criticism of the government’s plans to lease out assets to private players, raise resources for public investment, is baseless. Criticism of NMP is baseless Arguments have… Continue reading The truth about asset monetisation
Social Stock Exchanges: A Chance to Invest into Our Future
Source: This post is based on the article “Social Stock Exchanges: A Chance to Invest into Our Future” published in Livemint on 1st September 2021. Relevance: Social Stock Exchange Synopsis: The concept of a Social Stock Exchange is a worthy idea, but still needs deliberation and consultations with all stakeholders. Contents1 Context2 Need for a… Continue reading Social Stock Exchanges: A Chance to Invest into Our Future
Policy harmonization will help our MSMEs create jobs
Source: This post is based on the article “Policy harmonization will help our MSMEs create jobs” published in Business Standard on 1st September 2021. Relevance: e-commerce in India, Flaws in GST structure, challenges faced by MSMEs Synopsis: India’s indirect taxation needs immediate harmonization to put offline and online business transactions on par. Contents1 Context2 Problems… Continue reading Policy harmonization will help our MSMEs create jobs
Does the economy need more people?
Source: This post is based on the article “Does the economy need more people?” published in Business Standard on 1st September 2021. Relevance: Technological advancement and its impact on Demography. Synopsis: In the age of technological disruptions and climate change, the case for a young and fast-growing population driving India’s economy is growing weaker. Is… Continue reading Does the economy need more people?
It makes sense to extract value from underutilized public assets (On Asset monetisation)
Source: Live Mint Relevance: Resource Mobilisation Synopsis: National Monetisation Pipeline (NMP), should be welcomed. Background Read here: National Monetisation Pipeline Project – Explained, pointwise The Rationale behind Asset Monetisation Additional Fiscal resources for states: Public assets like roadside parking slots, municipal grounds and advertising surfaces and parade grounds of police and defence services remain unused… Continue reading It makes sense to extract value from underutilized public assets (On Asset monetisation)
GoI Plus India Inc (On lack of trust b/w govt & businesses)
Source: Times of India Relevance: Industry-Government partnership Synopsis: No nation became prosperous without trust between government and business. A look at some such events that indicate lack of trust. Context In the past few weeks, a series of events have raised the question of trust between government and business. It brought back unhappy memories of… Continue reading GoI Plus India Inc (On lack of trust b/w govt & businesses)
Time to bury Mudra ‘loan mela’ (On MUDRA loans)
Source: Business Standard Relevance: MUDRA loans, Loan mela Synopsis: Mudra loans have generated no jobs, resulting in misspending of trillions of taxpayers’ money. The loans were supposed to be for a three- to five-year period. The first cycle of the experiment is over, and the result has been disastrous. Contents1 Context2 Background3 Criticism of MUDRA 4… Continue reading Time to bury Mudra ‘loan mela’ (On MUDRA loans)
