IMF had already reduced the global growth outlook due to the Omicron variant to 4.4%, now after the Ukraine crisis situation has become much worse. How Russian invasion of Ukraine is affecting the global economic scenario? Read – Sanctions and their Effectiveness – Explained, pointwise Sanctions on Russia have led to a drastic fall of… Continue reading Global stagflation risk
The burden of Govt Equity in PSUs
News: From the analysis of PSU investments by different governments in the last two decades, the result shows that their share in total government expenditure increased rapidly since 2014. What has been the disinvestment and Privatisation trajectory in the last decade? Although the government in the time period ranging from 2009-2014 dropped the total equity… Continue reading The burden of Govt Equity in PSUs
THE MACROECONOMIC FRAMEWORK THAT CAN GUIDE OUR POLICY CHOICES
News: Indian policymakers have been gradually rolling back the Covid-19 pandemic stimulus, given since 2020. The ongoing Ukraine Crisis-2022 will have multiple economic implications for policymakers now. Contents1 Upcoming Challenges to due to Ukrainian Crisis2 What should be the policy Reponses?3 Following are the 4 macroeconomic spaces that are depicted in the diagram above:4 Combined… Continue reading THE MACROECONOMIC FRAMEWORK THAT CAN GUIDE OUR POLICY CHOICES
We may need a Bretton woods pact of data regulation
News: Experts globally have been voicing the need for an international solution for data protection and regulation on the lines of Bretton woods arrangement of the 1940s. What is the need for an international approach for data protection standard? Currently there are broadly three different approaches to data governance being practised by countries around… Continue reading We may need a Bretton woods pact of data regulation
Why India may not get a sizable role in post-war reconstruction of Ukraine
Context: After Ukraine crisis, major international bodies will be framing world order. India might not be a participant in decision making due to its weak presence on international institutions. After World War II, the Global Reconstruction was handled by newly created international organizations, like the United Nations (UNs), the IMF, and the World Bank.… Continue reading Why India may not get a sizable role in post-war reconstruction of Ukraine
Revive tax increases, stub out tobacco product use
Context: Apart from COVID-19 pandemic (which is reported to have killed half a million Indians over the past two years), tobacco is a silent killer in our midst that kills an estimated 1.35 million Indians every year. Impact of Tobacco Consumption Tobacco Related Death: 3,500 Indians die every single day, as estimated by scientific… Continue reading Revive tax increases, stub out tobacco product use
If women are not empowered, the economy loses
News: Women in India have been in top positions in almost all the sectors like politics, administration and financial sector as well. However, despite this progress, we have a long way to go before we could say that there is complete gender equality in every respect. Glass ceilings are beginning to shatter, but there is… Continue reading If women are not empowered, the economy loses
Navigating economic uncertainties caused by Ukraine war
Context: The ongoing conflict between Ukraine and Russia is going to have a significant impact on emerging market economies, including India. The main concern largely comes from the impact of higher crude oil prices which has hit crude $139/bbl. Contents1 Present Macroeconomic situation of Emerging Countries including India2 Triffin Paradox3 Challenges in Domestic Solution4 Way… Continue reading Navigating economic uncertainties caused by Ukraine war
Clear signals: On India-China ties and the new global currents
News: The Chinese Foreign Minister, Wang Yi claimed that the U.S. Indo-Pacific strategy is aiming to create “an Indo-Pacific version of NATO”. His statement has deeper interpretations for India. Challenges in India-China Relations? Revival of QUAD (called as “Asian NATO” by China) having Australia, Japan, U.S. and India as member. However, apart from this, U.S.… Continue reading Clear signals: On India-China ties and the new global currents
Union Minister launches Special Entrepreneurship Promotion Drive for Women – “SAMARTH” on the occasion of International Women’s Day 2022
What is the News? On the occasion of International Women’s Day 2022, the Union Minister for MSME has launched “SAMARTH”. What is SAMARTH? Launched by: Ministry of Micro, Small & Medium Enterprises Purpose: It is a Special Entrepreneurship Promotion Drive for Women to provide them with an opportunity to be self-reliant and independent by undertaking… Continue reading Union Minister launches Special Entrepreneurship Promotion Drive for Women – “SAMARTH” on the occasion of International Women’s Day 2022
