India’s fate is tied to the rest of the world

Source: The Hindu Relevance: Evolution of India’s foreign policy. Synopsis: It was through its global interactions, India defined itself throughout its history as an independent nation Contents1 India and the world2 After independence3 After Cold War4 Implications for India India and the world India’s fate has been closely tied to the rest of the world.… Continue reading India’s fate is tied to the rest of the world

How e-RUPI can transform government’s welfare schemes?

Source: Indian Express Relevance: Effective service delivery of Public goods Synopsis: e-RUPI opens up a world of opportunities to the government, people, and businesses to provide, avail and pay for services seamlessly. Contents1 What is e-RUPI?2 How e-RUPI can be used by corporates?3 How e-RUPI can be used in various govt programmes?4 Way forward What… Continue reading How e-RUPI can transform government’s welfare schemes?

The merits of an RBI digital currency outweigh risks

Source: Live Mint Relevance:  Future of Central bank Digital currencies in India Synopsis: Launching a CBDC by RBI entails many risks while offering many opportunities too. A thorough assessment is the need of the hour. An analysis of the risks, concerns and benefits of CBDCs. Contents1 About CBDC2 Does India need a CBDC?3 Concerns4 Way… Continue reading The merits of an RBI digital currency outweigh risks

We must not ignore the ease of going elsewhere

Source: Live Mint Relevance: Pandemic & Tourism, Freedom of movement Synopsis: The way easing how business is done is important similarly easing the cabin fever that covid restraints have given also need attention. Context Most of us are now free to move around locally, but the radius of our freedom does not extend all that… Continue reading We must not ignore the ease of going elsewhere

Why Indian Railways failed to attract private players to run trains?

Source: Indian Express Relevance: Issues related to Privatization of Railways Synopsis: Private sector’s interest should be taken care of if Indian railways (IR) wants to attract private capital. Contents1 Background2 Possible reasons3 Risks and constraints4 Core issue5 Suggestions Background On July 1, 2020, the Indian Railways launched the formal process of inviting private parties to… Continue reading Why Indian Railways failed to attract private players to run trains?

Bankruptcy code reforms must be handled with special caution

Source: Live Mint Relevance: Improving the Insolvency and bankruptcy law. Synopsis: Rather than focussing too much on haircuts and debt recovery, IBC should focus on maximization of value, as intended originally. Few suggestions for reforming the Insolvency and Bankruptcy Code (IBC), 2016. Contents1 Background2 Too much focus on haricuts3 Should haircuts be fixed?4 Suggestion/Measures Background… Continue reading Bankruptcy code reforms must be handled with special caution

A Time for Deeper Reform

Source: Indian Express Relevance: Fighting poverty and ensuring inclusive growth Synopsis: India should not just rely on redistribution to fight poverty. Faster economic growth is a much better alternative. Background India made little progress in poverty reduction between 1952 and 1985. It is only after 1991-92 that India began to make significant progress in fighting… Continue reading A Time for Deeper Reform

Focus on food processing

Source: Business Standard Relevance:  issues related to Food processing sector in India Synopsis: If India intends to catch up with developed countries where a sizeable part of the produce is processed to add value, then the government needs to address the constraints faced by the food processing industry swiftly. Contents1 Background2 Government measures 3 Constraints faced 4… Continue reading Focus on food processing

Towards a new compact (On centre-state relations)

Source: Business Standard Relevance:  Bringing in the second generation of reforms – challenges and way forward Synopsis:  Without a collaborative arrangement between the Centre and the states, second generation reforms (Reforms in health, education, land, labour, electricity and agriculture) would become more contentious. Contents1 Background2 Implementation of 2nd generation reforms & challenges faced3 What needs… Continue reading Towards a new compact (On centre-state relations)

The silent rise of Small Finance Banks (SFBs)

Source: Live Mint Relevance: Financial inclusion and measures taken by RBI Synopsis: Challenges faced by SFBs and Criticism against them Contents1 Background2 Evolution of Small Finance banks3 Idea behind SFBs4 Criticism of SFBs5 Challenges faced by SFBs Background SFBs have grown rapidly since RBI first carved out this category half a decade ago in Indian… Continue reading The silent rise of Small Finance Banks (SFBs)

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