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. Context Informal sector workers suffered far more from the national lockdown in… 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. Context The government seems to be resetting its position on trade policy. The Union commerce secretary recently said that India would fast-track free trade agreements (FTAs) as the country needed… 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. Background About 200 million Indians are involved in dairy and livestock farming, but lack of quality fodder and feed has resulted in sub-optimal productivity levels. Issues with livestock sector Lack of… 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. Context The Standing Committee of Parliament attached to the Ministry of Finance has taken stock of The Insolvency and Bankruptcy Code and made suggestions for improvement. Different models of… 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. Context While India has historically and culturally been an entrepreneurially-driven nation, the last decade-and-a-half has witnessed a significant change in… 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. Context The foreign exchange reserves in India are close to $620 billion. Recently, a parliamentary panel and the Union Minister Nitin Gadkari observed that the Reserve Bank… 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. Background Research has found that many drugs produced by global… Continue reading The toxic drug impurity imperiling Indians

We’ve successfully made Covid vaccines. Now, India must focus on drug development

Source: Indian Express Relevance: Issues related to the development and production of new antibiotics Synopsis: Efforts should be initiated to consolidate existing strengths in pharmaceuticals and support the country’s antibiotic needs Challenges posed by AMR India has one of the highest levels of antibiotic resistance. It complicates not only the treatment of life-threatening infections, but… Continue reading We’ve successfully made Covid vaccines. Now, India must focus on drug development

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