Source: Business Standard Relevance: Addressing various issues ailing the financial sector of the Indian economy. Synopsis: RBI Governor Shaktikanta Das, other deputy governors took questions from the media and addressed the raging topics in the financial sector. Here is what he had to say regarding RBI’s view on various issues. On inflation Between 2016 and… Continue reading Spreading disinflation over 2-3 years to reduce output loss, says RBI
Author: Ram Manohar
China’s border games
Source: Business Standard Relevance: China’s border strategy against India Synopsis: China’s strategy of push and shove to solidify its position along the LAC requires bold and decisive action from India. Context Recently, China’s President made a three-day visit to Tibet. Featuring prominently in his programme was the Tibetan town of Nyingtri (or Nyingchi) which is… Continue reading China’s border games
A grand tax bargain in danger of coming apart
Source: The Hindu Relevance: Issues with GST regime Synopsis: A version 2.0 of GST may have to be designed sooner rather than later. Issues existing with GST Non-expanding tax base: The tax base of GST does not appear to be expanding. The Tax to Gross value addition (GVA) is only about 5% to 6.5% though… Continue reading A grand tax bargain in danger of coming apart
Respect regulations
Source: Business Standard Relevance: Changes to minimum public shareholding norms and consequent impact Synopsis: The government’s move to exempt any public sector listed company from complying with the minimum public shareholding norm is undesirable and inappropriate. Background Exempting select PSUs from minimum free float norm reverses govt stance Issues with the latest move Blocked an… Continue reading Respect regulations
Collapse of Adivasi self-governance system in Jharkhand: Need to implement PESA
Source: Down to Earth Relevance: Reviving tribal self-governance system Synopsis: The PESA Act is considered to be the backbone of tribal legislation in India. Proper implementation can rejuvenate self-governance system in Jharkhand. Contents1 Background2 Traditional governance system of Adivasis: Village Council3 Issues with traditional governance system4 Introduction of PESA5 PESA violations6 Way forward Background During… Continue reading Collapse of Adivasi self-governance system in Jharkhand: Need to implement PESA
Exempting select PSUs from minimum free float norm reverses govt stance
Source: Indian Expres Relevance: Changes to minimum public shareholding norms and consequent impact Synopsis: Recently, the Department of Economic Affairs has amended the Securities Contract (Regulation) Rules, 1957 (SCRR). Contents1 Background2 What is MPS?3 Need for MPS4 Rationale behind the move5 Possible Implications: Background Through a recent notification in the government gazette, the Department of… Continue reading Exempting select PSUs from minimum free float norm reverses govt stance
Just Energy Transition
Source: Indian Express Relevance: Achieving a clean energy transition for India, which is just and inclusive. Synopsis: A people-centric approach will help India build a clean and inclusive energy future and also provide a model for other countries and communities worldwide. Contents1 Current scenario in India2 Challenges3 How India can achieve a just energy transition?4… Continue reading Just Energy Transition
A rupee wish for India@100
Source: Indian Express Relevance: An ambitious goal for India’s 100th year of Independence in 2047. Synopsis: Prosperity is possible and best accomplished by the goal of making the rupee a global reserve currency by 2047. Conditions are opportune. An analysis. Contents1 Characteristics of Reserve currency2 Current situation3 Positive Global environment4 What needs to be done?5… Continue reading A rupee wish for India@100
Banks withdraw funds from coal-fuelled projects in Asia
Source: Livemint Synopsis: Banks are cutting off funding for new coal-fuelled power plants in poorer Asian countries to hasten the shift toward cleaner energy sources. Recent push for green financing: Most key financiers, in Japan and South Korea as well as in China, have signaled disinterest towards overseas coal projects. For instance, China’s environment and… Continue reading Banks withdraw funds from coal-fuelled projects in Asia
Climate crisis: Way forward for dairy giants in India
Source: Down To Earth Synopsis: Activists and experts are advocating plant-based alternatives to dairy food. Significance of Dairy sector: Harvesting animals for dairy and animal-based products in India is a major source of livelihood for 150 million dairy farmers. The products are a source of nutrition and food security for a significant population as well.… Continue reading Climate crisis: Way forward for dairy giants in India
