Must Read News Articles I 21st January 2020

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Supreme Court Declines to stay poll bond scheme

Chief Justice of India, Sharad A Bobde orally made it clear that SC will not stay the electoral bond scheme. The comments came on a plea by petioners that it is being used to fill the coffers of ruling party.

The Great Indian citizenship mess

On Jan 22, SC will hear several petitions challenging the Citizenship Amendment Act. The article highlights that The SC is largely responsible for the present chaos around the CAA and NRC. The article uses the SC judgement in Sarbananda Sonowal case to make its point.

Guaranteeing healthcare, the Brazillian way

The article argues that India can take lessons from the Brazil’s Unified Health System, to improve its own Universal health System.

Citizens Rights dependent on duties, says PM

PM Modi has emphasised the duties of citizens and said that our rights are directly dependent on the duties performed by the others.

Iran says it will put out of NPT

Iran has said that it will consider withdrawing from the Treaty on the Non – Proliferation of Nuclear Weapons (NPT)if a dispute over its atomic programme goes before the UN Security Council

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IMF lowers India’s growth forecast to 4.8%

IMF has lowered India’s economic growth estimate for current fiscal to 4.8%.  In October 2019, IMF had pegged India’s economic growth at 6.1% for 2019. Main reason for the lowering of India’s growth forecast were – decline in rural demand growth, overall credit sluggishness.

Redesigning India’s ailing data system

The article argues that the present national accounting and analytical framework misses out on many key dimensions of a complex economy

The deficit bogey

The article highlights that to boost Indian economy, the upcoming budget should increase spending in rural areas, cut taxes, incentivise household saving and bring back trust in the financial system