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. Background At present, the Union government has adopted the approach of micromanagement of industrial policy and to develop activities that… Continue reading Govt must not micromanage
Author: Ram Manohar
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. Introduction: Micro, small and medium enterprises (MSMEs) persistently face payment delays from large clients. This hurdle will be tackled by factoring businesses. What is factoring business? When… 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 What is the prepackaged insolvency resolution? Prepackaged resolution is a fast-track process that identifies a resolution plan before the process is admitted by the National Company Law Tribunal. It is an arrangement where the promoter of the stressed… 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. Deleveraging process in India Indian companies are reducing debt on their books and increasing their cash balance. Firms are selling assets and avoiding investment at this stage, to be in a more stable position. The… 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. Background Degradation of ecosystems had led to adverse impacts on more than 60 per cent of services we get from the ecosystems. The idea of valuation of the components of environment got impetus following… 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
Guardrails of Privacy
Source: Indian Express Synopsis: The allegations of targeted surveillance have a chilling effect on personal and civil liberties that are crucial for a democracy to function. Introduction: The recent allegations and reports by Arsenal Consulting and Amnesty International on targeted electronic surveillance of selected activists, politicians, journalists, businessmen, and even scientists are worrying. The sophistication… Continue reading Guardrails of Privacy
