Source: Indian Express , Live Mint Relevance: Deposit Insurance Credit Guarantee Corporation (DICGC) bill will protect the interest of consumers. Synopsis: How the New Amendments to the Deposit Insurance Credit Guarantee Corporation (DICGC) Act will help depositors cause? Contents1 Background2 What is deposit insurance?3 How will the changes benefit account holders?4 Who pays for this insurance?… Continue reading Changes to deposit insurance
Author: Ram Manohar
Govt must not micromanage
Source: Business Standard Relevance: The article highlights lacunas in present government policies for industrial development. Synopsis: The Centre should focus on a broad policy framework rather than micromanaging the industrial and developmental activities of States. Contents1 Background2 What is Micromanagement?3 The PLI reflects a micromanagement approach to policy4 Areas where government should involve itself:5 Union… Continue reading Govt must not micromanage
The Housing Boost
Source: Indian Express Synopsis: The Model Tenancy Act can benefit homeowners and tenants. Introduction: India is set to double its urban population between 2018 and 2030. By 2028, New Delhi would become the most populous city on the planet. Thus, large-scale migration to urban centers in India is bound to create pressure on housing markets. As… Continue reading The Housing Boost
How to Exit Farming Risk Trap
Source: Indian Express Relevance: The article highlights issues in Indian agriculture Synopsis: Reforms in agriculture are needed to extract ourselves out of the risk-laden currents of agriculture. State’s interference in agriculture: Indian agriculture was saved from nationalization due to opposition of Swatantra Party in Parliament against Jawaharlal Nehru’s farm collectivization efforts in the 1950s. However,… Continue reading How to Exit Farming Risk Trap
How the factoring business can help small companies
Source: Livemint Relevance: Factoring will be one of the measures to revive MSMEs. Synopsis: Recently, the Lok Sabha cleared the Factoring Regulation (Amendment) Bill that aims to support this sector. Contents1 Introduction:2 What is factoring business?3 How it is done?4 What does the new Act seek to achieve? Introduction: Micro, small and medium enterprises (MSMEs) persistently face … Continue reading How the factoring business can help small companies
What is prepackaged insolvency resolution & how does process work?
Source: Business Standard Synopsis: This article analyses the prepackaged insolvency resolution. Read about – Pre-pack insolvency mechanism Contents1 What is the prepackaged insolvency resolution?2 How does the process work?3 How is it different from the corporate insolvency process?4 Eligibility for a pre-pack option?5 What are the benefits of the prepackaged scheme? What is the prepackaged… Continue reading What is prepackaged insolvency resolution & how does process work?
Beyond corporate deleveraging
Source: Business Standard Synopsis: Without higher exports, India would not be able to attain higher sustainable growth in the coming years. Contents1 Deleveraging process in India2 What does this imply?3 Government resources are constrained4 Exports are Key to Sustain Growth Deleveraging process in India Indian companies are reducing debt on their books and increasing their… Continue reading Beyond corporate deleveraging
A framework for microfinance regulation that would suit India
Source: Live Mint Synopsis: The proposed framework for microfinance regulation by RBI is a great leap forward and reflects bold thinking. Yet, expanding it to cover other elements can usher in responsible retail lending that includes but transcends microfinance. Background The Malegam Committee Report of 2011 helped establish micro- finance as a legitimate asset class,… Continue reading A framework for microfinance regulation that would suit India
Introducing Gross Environment Product in Uttarakhand: A jargon or reality?
Source: Down to Earth Synopsis: The Uttarakhand government may introduce a well-defined concept of ecosystem services Gross Environment Product’ (GEP) its objectives. Contents1 Background2 Ecosystem Services3 Ecosystem Services provided by Uttarakhand4 Concept to measure Ecosystem Services5 Way forward Background Degradation of ecosystems had led to adverse impacts on more than 60 per cent of services we… Continue reading Introducing Gross Environment Product in Uttarakhand: A jargon or reality?
Wounded mountains
Source: The Hindu Synopsis: Tourist tragedy in Himachal Pradesh points to the importance of preserving ecology Background The tragic death of nine tourists in a landslip in Kinnaur district of Himachal Pradesh is another example highlighting the fragility of the ecology of the Himalayan States. Encouraging an incompatible model of development in the hills, represented… Continue reading Wounded mountains
