For 7PM Editorial Archives click HERE → Introduction The town of Joshimath in Uttarakhand is witnessing an unprecedented crisis. Wide Cracks have appeared on the roads and on hundreds of residential and commercial buildings in the town. Many structures have been declared unsafe, and the residents have been asked to vacate them. The Authorities have declared Joshimath as… Continue reading Joshimath Crisis: Causes and Solutions – Explained, pointwise
Author: Raveesh Sharma
Remote Voting: Benefits and Challenges – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction In the last week of December 2022, the Election Commission of India (ECI) wrote to the major political parties. Through the letter, the Commission invited the parties to attend to attend a demonstration of the prototype Remote Voting Machine (RVM) on January 16, 2023. The Commission has also asked them… Continue reading Remote Voting: Benefits and Challenges – Explained, pointwise
The Supreme Court’s Judgment on Freedom of Speech of Ministers – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction In 2016, a Minister in the then Uttar Pradesh Government had made unsavoury remarks against a victim of sexual assault. In the ensuing litigation (Kaushal Kishore vs State of Uttar Pradesh), the Supreme Court considered the issue of freedom of speech of the Ministers and Legislators. The Supreme Court’s Judgment… Continue reading The Supreme Court’s Judgment on Freedom of Speech of Ministers – Explained, pointwise
Establishing Campuses of Foreign Universities in India – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The regulator for higher education in India, the University Grants Commission (UGC) has released draft regulations to allow foreign universities to establish campuses in India. The UGC has sought comments and feedback from the public. The regulations are expected to be notified by end of January 2023. The move has… Continue reading Establishing Campuses of Foreign Universities in India – Explained, pointwise
Green Hydrogen Mission – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The Union Cabinet has formally approved the National Green Hydrogen Mission. The Mission has stated aims of making India energy independent and a global hub for the production of green hydrogen, along with decarbonising major sectors of the economy. The Mission has an outlay of INR 19,744 crore. Green Hydrogen… Continue reading Green Hydrogen Mission – Explained, pointwise
Cleaning of River Ganga – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The meeting of the National Ganga Council was held recently. National Ganga Council is the apex body for superintendence, direction and control for the initiatives for the cleaning of River Ganga under the Namami Gange Mission. At the meeting, National Mission for Clean Ganga (NMCG) informed the Council that the… Continue reading Cleaning of River Ganga – Explained, pointwise
Supreme Court’s Judgment on Demonetisation – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction On 02 January, 2023, a 5-judge bench of the Supreme Court’s Constitution Bench ruled on a number of petitions challenging the legality of the Union Government’s decision in November 2016 to demonetise the currency notes of INR 500 and INR 1,000. The Supreme Court’s Judgment on Demonetisation has upheld the… Continue reading Supreme Court’s Judgment on Demonetisation – Explained, pointwise
Fiscal Deficit in India: Trends and Concerns – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The Union Government had estimated the Fiscal Deficit to be INR 16.61 lakh crore for FY2022-23. As of November 2022, the Government’s Fiscal Deficit stood at INR 9.58 lakh crore, which is ~58% of the full-year estimate. The Budget estimate of Fiscal Deficit (INR 16.61 lakh crore) is ~6.4% of… Continue reading Fiscal Deficit in India: Trends and Concerns – Explained, pointwise
Status of Non-Performing Assets (NPAs) – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction In the recently released Financial Stability Report (FSR), the RBI has noted that the Gross Non-performing Assets (GNPA) ratio has declined to a 7-year low of 5% in September 2022. It is expected to further improve to 4.9% by September 2023. However, the Report also notes that NPA ratio may… Continue reading Status of Non-Performing Assets (NPAs) – Explained, pointwise
Virtual Digital Assets (VDAs): Challenges in Regulation – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The first meeting of G20’s Finance Track was held recently in Bengaluru. Regulation of Virtual Digital Assets (VDAs) emerged as a top priority agenda in the meeting. VDAs are a new evolving technology and are at the intersection of finance, economy and technology. The concerns associated with the exploitation of… Continue reading Virtual Digital Assets (VDAs): Challenges in Regulation – Explained, pointwise
