Source: The Hindu Relevance – Lockdowns due to Covid pandemic incurred a huge cost on the economy. This article highlights the same. Synopsis: The article questions the practicability or even desirability of protecting lives with the aid of lockdowns. Contents1 Background2 The cost of a lockdown3 How to calculate the value of a human life?4… Continue reading Calculating the benefits of lockdowns
Author: Ram Manohar
Bank Nationalisation: 52 years and ticking
Source: Business Standard Relevance – The government has cleared its intention to privatize the public banks. This article highlights some aspects of bank nationalization. Synopsis: Nationalization has served its purpose. It’s time to move forward with the retention of majority ownership of the government in a few banks to serve people. Contents1 History of Bank… Continue reading Bank Nationalisation: 52 years and ticking
India’s new Industrial policy is a replay of socialist era follies
Source: Live Mint Relevance – An analysis of govt’s Industrial policies. Synopsis: It took decades for India to shift from its inward-looking and uncompetitive manufacturers. Now the government is again giving importance to inward-looking and uncompetitive companies to produce for the domestic market. Background: One of this government’s first promises was to revive the manufacturing… Continue reading India’s new Industrial policy is a replay of socialist era follies
How we fail our culture
Source: Times of India Relevance: Culture and heritage should be given importance in government policies. Presently, it is being neglected. Synopsis: India is a great civilization. But no government makes institutional investments for protecting its heritage. Status of priority to culture and Heritage in India Successive governments in India have given neglected culture One, Cabinet… Continue reading How we fail our culture
Curbs on foreign card firms
Source: Indian Express Relevance – Data localization is being taken seriously in India. Aspirants must have knowledge of all aspects linked to it. Synopsis: Recently, the Reserve Bank of India has barred three foreign card payment network companies (Mastercard, American Express, and Diners Club) from taking new customers on board over the issue of storing… Continue reading Curbs on foreign card firms
Fuel price surge: What India can learn from Biden and Sunak’s tax policies
Source: Business Standard Relevance – The article highlights the options that government can use instead of increasing oil prices. Synopsis: Government should tax the rich to find alternate avenues to raise public resources. When the times change, the policy has to adapt Contents1 Background2 Why India should find other avenues to raise revenue resources?3 What… Continue reading Fuel price surge: What India can learn from Biden and Sunak’s tax policies
Potential Economic Consequences of Pandemic
Source: Livemint Relevance: This article highlights the possible long-term economic consequences of COVID-19 for India. Introduction: A recent exercise at the National Council of Applied Economic Research shows a few possible scenarios. It reveals the permanent effects of the pandemic shock that will persist for a very long time. Possible Long-term consequences: Firstly, after the V-shaped… Continue reading Potential Economic Consequences of Pandemic
Power users may soon get to choose supplier
Source: Live Mint Relevance: Electricity amendment bill 2021 will improve energy efficiency and consumer protection. Synopsis: Electricity (Amendment) Bill, 2021 is a landmark bill to reform power distribution. The Landmark Electricity (Amendment) Bill, 2021 is expected to be introduced in the monsoon session of the parliament. Provisions of the Landmark Electricity (Amendment) Bill, 2021 Aims… Continue reading Power users may soon get to choose supplier
Number, No Privacy Threat
Source: Indian Express Relevance: This article justifies making aadhaar, a public utility, against a general perception of making it confidential information. Synopsis: Some privacy proponents are of the view that the Aadhaar number should be treated as a secret or confidential number, making its retrieval an uphill task. Is Aadhaar number confidential? Firstly, as per… Continue reading Number, No Privacy Threat
Jobs lost, middle-class Indians line up for rations and ‘worry about meals’
Source: Business Standard Relevance: The issue of hunger is one of the issues related to the basic necessities of life. Pandemic has worsened India’s situation on this parameter. Synopsis: Loss of jobs and livelihood during the Pandemic has devastated the Food security of millions of poor in India. Increasing Poverty and Hunger in India According… Continue reading Jobs lost, middle-class Indians line up for rations and ‘worry about meals’
