Context: The post-pandemic global economy has often predicted that China’s appeal as a business destination would fade. What are the various strategies that can be pursued post pandemic global economy? ‘China +1’ strategy: The combination of the trade war and the COVID-19 crisis has resulted in firms establishing relatively small-scale operations elsewhere. This is perceived as a… Continue reading Asian economies
Category: Daily News Updates
RBI sets up Reserve Bank Innovation Hub(RBIH)
News: Reserve Bank of India(RBI) has announced the setting up of an Innovation Hub under the chairmanship of Kris Gopalakrishnan.It has also selected two entities for testing products under regulatory sandbox structure. Facts: Aim: To create an ecosystem that would focus on promoting access to financial services and products and will also promote financial inclusion. Features: The… Continue reading RBI sets up Reserve Bank Innovation Hub(RBIH)
Women workforce
Context – Declining female labour force participation. Why in news- Year 2020 marked as- The nearly fifty years since the Committee on the Status of Women in India (CSWI) submitted the report ‘Towards Equality’ to the United Nations (UN). It focused on women-sensitive policymaking in India, providing a fresh perspective on gender equality. The 25th anniversary of the Beijing Platform… Continue reading Women workforce
The right lessons from Pulwama and Balakot
Context: Recently, Pakistan’s Opposition MP, Sardar Ayaz Sadiq, alleged that the PTI government released the captured Indian fighter pilot, Abhinandan Varthaman due to fear of an imminent missile strike from India. Background On 14 February 2019, the suicide car bomb blast in Pulwama led to the death of 40 Central Reserve Police Force personnel. Avenging this, the Indian… Continue reading The right lessons from Pulwama and Balakot
Draft Data Centre Policy,2020
News: Ministry of Electronics & Information Technology (MeitY) has released the Draft Data Centre Policy,2020. Facts: Aim: Making India a Global Data Centre hub, promote investment in the sector, propel digital economy growth, enable provisioning of trusted hosting infrastructure to fulfil the growing demand of the country and facilitate state of the art service delivery… Continue reading Draft Data Centre Policy,2020
Policy framework for technology
Context: With the rapid pace of technology blurring boundaries, a holistic policy framework is must. How is Data a new currency? Paradigm shift: The amount of “value add” from intangible technology services as opposed to physical objects, even in traditional goods, is being transformed by information. A modern automobile has 40% of its component value from… Continue reading Policy framework for technology
RCEP |Regional Comprehensive Economic Partnership
Context: India’s opting out of RCEP appears more debatable in terms of its economic rationale. Background: The Regional Comprehensive Economic Partnership (RCEP) was signed on 15.11.2020 by 15 countries led by China, Japan, South Korea, Australia, New Zealand and the 10-state ASEAN grouping. It created one of the world’s largest trading blocs. India after seven… Continue reading RCEP |Regional Comprehensive Economic Partnership
Andhra Pradesh’s three capital plan
Context –Impact of Andhra Pradesh decentralization and inclusive development of all regions bill, 2020. What is Andhra Pradesh Decentralization and Inclusive Development of All Regions Bill, 2020? It is an act of Andhra Pradesh Legislature containing provisions relating to the decentralization of governance in the state of Andhra Pradesh so that establishments for additional two… Continue reading Andhra Pradesh’s three capital plan
Issue of “love jihad”: Right of “free consent” for Marriage
Context: Many state governments have announced that they are considering enacting an appropriate law to stop marriages which they term as “love jihad”. What are the recent cases? A Muslim girl by birth converted to the Hindu religion and just after a month, she married a Hindu man according to Hindu rites and rituals. The Allahabad… Continue reading Issue of “love jihad”: Right of “free consent” for Marriage
Labour law reforms and Trade unions
Context- The new labour codes clear attempt to diminish the role trade unions. Contents1 What are the new labour laws?2 What are trade unions?3 What are the key objectives of Trade Union Act (TUA)?4 What are the key concerns with new labour codes? What are the new labour laws? The current government has introduced new versions… Continue reading Labour law reforms and Trade unions
