News– Rising Pollution level is a health hazard and a violation of Article 21. India is currently ranked the fifth-most polluted country in the Global Air Quality Index list. interventions dictated by policies, so far, have been binary in nature. This is primarily because we have been treating air pollution as a technological problem or as one that requires the… Continue reading Delhi Pollution-Looking at social. political facets of climate crisis can help in better adaptation
Author: wasim
Government shouldn’t rush to rein in fiscal deficit-NITI Aayog
News–NITI Aayog gas suggested that government should not rush to lower fiscal deficit. This would help economy and will provide a safety net to economy from new emerging variants. While the government has kept the fiscal deficit target for current financial year as 6.8 percent of GDP but it is targeting to lower it to 4.5 percent of GDP… Continue reading Government shouldn’t rush to rein in fiscal deficit-NITI Aayog
Pavlovian responses like travel restrictions won’t stop omicron
News– Discovery of a new coronavirus variant in South Africa, called Omicron, has led to countries once again restricting or entirely eliminating the freedom to travel. Why these knee-jerk reactions like travel bans are not effective? 1) Virus is well on its way to becoming endemic at many places. 2) Also there appears no need to lock away one country when this virus is already on multiple… Continue reading Pavlovian responses like travel restrictions won’t stop omicron
Covid impact on what we may call a relevant market
News– All-India Mobile Retailers’ Association recently threatened to approach the Competition Commission of India (CCI) against Chinese phone-maker Xiaomi’s alleged bias in favour of online marketplaces over offline retailers. Recently Supreme court allowed CCI to go ahead with an investigation against e-commerce players Flipkart and Amazon. In all these cases terms like Relevant market, dominant position occurs recurrently. India’s Competition Act,… Continue reading Covid impact on what we may call a relevant market
Open banking puts banks on notice-Digitise or perish
News– India has unveiled Account aggregator framework in september,2021 that can that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. What is Account Aggregator (AA) framework? An AA is a new class of NBFC approved by the Reserve Bank of India… Continue reading Open banking puts banks on notice-Digitise or perish
A window of opportunity
News– How we can leverage the advantages that are generating due to Strict COVID policy of China and other restrictions going parallel to it. Where we stand vis-a-vis China? China’s economy is over five times of India’s. it has a $14-trillion economy, to India’s $2.7-trillion economy. We are too dependent on China for everything from active pharmaceutical ingredients to smartphones. And… Continue reading A window of opportunity
High LPG prices are scorching the air pollution fight
News– How Removal of LPG subsidy and subsequent Price rise is affecting the air pollution and its wider acceptance in low income and rural households. As Per the India residential energy survey (IRES), LPG has now replaced biomass as the most common cooking fuel. Nearly 85 percent of Indian households have an LPG connection Compared to only 30 percent a decade… Continue reading High LPG prices are scorching the air pollution fight
Aiming for a high, quality of life does influence investment decisions, India needs to loosen up
News– GIFT(Gujarat International finance tech city) management is seeking relaxation in liquor laws in special economic zone (SEZ) area of GIFT city. Gujarat had banned alcohol consumption since 1960 as a homage to Mohandas Karamchand Gandhi. Why did such demand arose Investment decisions are influenced by the ease with which people can adapt to a new destination. Allowing people to… Continue reading Aiming for a high, quality of life does influence investment decisions, India needs to loosen up
What PLFS tells us about India labour market
News– Periodic Labour force survey (PLFS) data shows that the unemployment rate is close to pre-covid levels that as was in the year 2020. What is PLFS It was launched by National statistical office (NSO). It has two objectives -a) To estimate the key employment and unemployment indicators (viz. Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR), Unemployment Rate) quarterly for the urban areas only in the ‘Current Weekly Status’ (CWS). b) To estimate employment and unemployment indicators in both… Continue reading What PLFS tells us about India labour market
Check stubble burning, monitor policy implementation
Topic– Conservation, environmental pollution and degradation and Agriculture What is stubble burning- Stubble burning is the practice of intentionally setting fire to the straw stubble that remains after grains, such as rice and wheat, have been harvested. Farmers resort to the practice due to the limited time they have between the harvesting of kharif paddy and sowing of the rabi wheat.… Continue reading Check stubble burning, monitor policy implementation