Our Procrustean policy on airfares is pointless

Source: Livemint Relevance: Issues related with Aviation industry Synopsis: Heavy regulation on Aviation sector impact its efficiency and are much too arbitrary. Background The aviation business has always been one of India’s most heavily regulated. The covid pandemic, has left it even more so. After lockdown relaxations, regular flights resumed in late-May 2020 with a… Continue reading Our Procrustean policy on airfares is pointless

What India’s informal sector needs right now?

Source: Indian Express Relevance:  Formalization of work force, problems faced by informal sector workers Synopsis: Ignoring problems in the informal sector can be costly as it can lead to job and wage losses, higher inflation and even risk the livelihood of migrant workers. Contents1 Context2 Informal sector scenario in India3 Impact of COVID4 What does… Continue reading What India’s informal sector needs right now?

Welcome rethink on FTAs

Source: Business Standard Relevance: Significance of International trade to Indian Economy Synopsis: Increasing exports is important criteria for India’s sustained economic growth in the future. Contents1 Context2 What is an early harvest” agreement?3 How protectionism will impact India’s trade potential?4 Why India needs to focus on exports & global trade?5 Suggestions/Measures6 Why India Should Join… Continue reading Welcome rethink on FTAs

Why RBI disagrees with market perception on policy normalization?

Source: Business Standard What is the news? RBI’s decision to conduct variable reverse repo (VRRR) auctions should not be considered as a reversal of the accommodative policy stance. Background Recently, RBI while announcing the review of the monetary policy, said the central bank has decided to conduct fortnightly VRRR auctions. However, RBI Governor categorically stated that… Continue reading Why RBI disagrees with market perception on policy normalization?

More feed, better productivity (On Sub-Mission on Fodder and Feed)

Source: The Hindu Relevance: livestock sector in India, doubling farmers income Synopsis: Government has recently announced Sub-Mission on Fodder and Feed for livestock sector. Contents1 Background2 Issues with livestock sector3 What is the need of revised scheme?4 Features of Sub-Mission on Fodder and Feed5 Who can avail the benefit? Background About 200 million Indians are… Continue reading More feed, better productivity (On Sub-Mission on Fodder and Feed)

Bad loans: Prevention is better than cure

Source: Business Standard Relevance: Issues related to banking sector in India Synopsis: In managing the bad loan problem, IBC should be the last resort for banks. Contents1 Context2 Different models of insolvency resolution3 Issues with insolvency process and suggestions 4 Suggestions/Measures Context The Standing Committee of Parliament attached to the Ministry of Finance has taken stock… Continue reading Bad loans: Prevention is better than cure

Why funding sports is an Olympian hurdle?

Source: Live Mint Relevance: Issues related to Development of Sports in India Synopsis: India’s spending on sports other than cricket is rising steadily, but still a lot needs to be done to bridge the gap. Issues with sports dev in India 1]. Insufficient Financial support from Government The Union budget outlay on sports is classified… Continue reading Why funding sports is an Olympian hurdle?

Start up and Stand Tall (On India’s start-up ecosystem)

Source: Indian Express Relevance: Demographic dividend and role of start-ups in Indian economy Synopsis: India@75 is on the height of change and, it needs a golden era of global entrepreneurship, technology, and innovation for India@100. Contents1 Context2 India’s unique position in the world3 Growth of start-up ecosystem in India4 What more can be done? Context… Continue reading Start up and Stand Tall (On India’s start-up ecosystem)

Reserves: The RARE model in India

Source: Business Standard Relevance: Foreign Exchange reserves in India and issues related to it Synopsis: India should do away with the prevailing RARE model of reserves in a phased manner. Contents1 Context2 RARE model3 Reasons behind huge forex reserve by RBI4 Why India needs to relook RARE model?5 Measures Context The foreign exchange reserves in India are… Continue reading Reserves: The RARE model in India

The toxic drug impurity imperiling Indians

Source: Live Mint Relevance: The role of Central Drugs Standard Control Organization (CDSCO) in administering safe pharmaceutical drugs. Synopsis: Detection of carcinogenic compounds in commonly used drugs has plunged the global pharma industry into crisis mode. India’s drug regulator has done little to protect citizens. Contents1 Background2 What is N-Nitroso-dimethylamine or NDMA?3 Risks associated with… Continue reading The toxic drug impurity imperiling Indians

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