Source: The Hindu, Live Mint, Business Standard Relevance: central bank digital currencies (CBDCs) are becoming reality. However, before their adoption, a proper cost-benefit analysis will require. Synopsis: The RBI must consider the following issues before rolling out Central Bank Digital Currency. Background Today, many of the world’s central banks are racing to launch their own… Continue reading What a digital currency from RBI must get right
Author: Ram Manohar
It’s Part of The Problem
Source: Indian Express Relevance: The article highlights the issues in the Public Sector companies, compared to the private sector. Synopsis: There are questions about the state’s proactive and productive role in helping its citizens. Introduction: The typical Indian worker in 1983 had three years of education. It means India delivered glorified illiteracy to the majority… Continue reading It’s Part of The Problem
The first principles of commerce should guide e-com policy too
Source: Live Mint Relevance: E-commerce has become one of the most important segments of the global economy. Any attempt to regulate it, will have implications for the economy of the country. Synopsis: Over-stringent e-com regulations would lower consumer welfare, work against small businesses, and also stifle innovation. Concerns Regarding Growth of E-commerce in India India’s… Continue reading The first principles of commerce should guide e-com policy too
A Bill to stop strikes at ordnance factories
Source: Indian Express Introduced: Lok Sabha (22nd July 2021) Passed: Lok Sabha (3rd August 2021) and Rajya Sabha (5th August 2021) Present status: Received the assent of the President on the 11th August 2021. About the Essential Defence Services Bill Relevance: This is an example of government powers to restrict the function of pressure… Continue reading A Bill to stop strikes at ordnance factories
MGNREGA was safety net for workers during first wave, but there are holes in it now
Source: Indian Express Relevance – MGNREGA is one of the most famous and biggest employment programs. Any issue in this program can affect millions of lives. Synopsis: There are issues in the disbursement of MGNREGA wages. Background The MGNREGA, among other social security programmes, can be a powerful safety net for the poor. For instance, it… Continue reading MGNREGA was safety net for workers during first wave, but there are holes in it now
AGR Case: SC dismisses plea for recomputation of dues
Source: Live Mint What is the news? SC dismisses plea by Bharti Airtel, Vodafone Idea seeking direction for correction of errors in Adjusted Gross Revenue (AGR) calculation. What is the issue? In 2005, the Cellular Operators Association of India (COAI) challenged the government’s definition for AGR calculation. The Supreme Court in 2019 upheld the definition… Continue reading AGR Case: SC dismisses plea for recomputation of dues
We should be thankful for the economy’s liberation
Source: Live Mint, Live Mint, Live Mint Relevance – This article analyzes the performance of economic liberalization. Synopsis: Economic liberalisation of 1991 is viewed with Skepticism. However, we should be thankful for P.V. Narasimha Rao and Manmohan Singh for liberating the economy from the dead hand of bureaucratic control. India Before Liberalization: The important sectors… Continue reading We should be thankful for the economy’s liberation
Federalism and cooperatives
Source1: Business Standard ; Source 2: The Hindu Synopsis: SC verdict has brought clarity in the regulation of co-operatives. Also, it has firmly stated that Reforms in the cooperative sector should not be at the cost of federal principles. Background In a landmark judgment, the Supreme Court this week struck down certain provisions of the… Continue reading Federalism and cooperatives
How lack of proper identification of arrested persons slows down legal process?
Source: Indian Express Relevance: Remedies to make our legal system much more efficient Synopsis: Pan-India guidelines for service of summons, warrants, grant of bail can help make the system quicker and more efficient Background: A recent judgment of the Delhi High Court in Sunil Tyagi vs Government of NCT has highlighted the deficiency in criminal… Continue reading How lack of proper identification of arrested persons slows down legal process?
The creeping concerns over India’s debt
Source: Live mint Synopsis: Recently, the Supreme Court directed the Centre to formulate guidelines for providing compensation under the Disaster Management Act. Background In response to SC directions, the Solicitor general made an argument, which underlines the government’s inability to comply due to the tight revenue situation amid the growing demand for resources. Why the… Continue reading The creeping concerns over India’s debt
