News: Recently, Indian financial markets witnessed two crucial reforms. One was release of a dedicated regulatory framework for special situation funds (SSFs) by SEBI and, the other was approval of a new dual-structure for bad-bank (called NARCL-IDRCL) by RBI. Why have such new reforms been undertaken? India suffers from a bad loan problem which requires higher… Continue reading Why special situation funds are necessary
Fixing Indian Higher Education is the ideal way to rescue students
Context: Ukraine Crisis has brought the issues faced by Indian students going abroad for education Problems faced by Foreign University Studying Students? Crisis Situation: like the covid pandemic forced India to carry out largest rescue operations from China and the current war situation in Ukraine forcing Indian students to stand at a loss. Impact of… Continue reading Fixing Indian Higher Education is the ideal way to rescue students
Sanskritisation
Context: A long-drawn phenomenon that is not restricted to caste hierarchy, but also encompasses a wider social and cultural process. Concept of Sanskritization It was coined and popularised by M.N. Srinivas, an eminent social anthropologist in his book Religion and Society Among the Coorgs of South India (Oxford, 1952), Initially, ‘Sanskritization’ referred to the lower castes’ adoption… Continue reading Sanskritisation
A MISFIRING AND ITS TRAIL OF POOR STRATEGIC STABILITY
News: Accidental misfiring of Indian missile and the analysis of mechanisms available to avert such type of crisis. The accidental misfiring of an Indian missile to Pakistan highlights the sorry state of bilateral mechanisms for crisis management between two nuclear adversaries. Such accidents are known as “broken arrows” (accidents that involve nuclear weapons or nuclear… Continue reading A MISFIRING AND ITS TRAIL OF POOR STRATEGIC STABILITY
‘BHARATNATYAM’ IN INDIAN DIPLOMACY
This term was coined by Jyotindra Nath Dixit, who was a former Foreign Secretary. ‘Bharatnatyam’ in Indian diplomacy means that – “you may appear in different forms to others but after you have first secured your interests.” The following events can be regarded as an example: 1.) Republics and Moscow – After the dissolution of… Continue reading ‘BHARATNATYAM’ IN INDIAN DIPLOMACY
THE ECLIPSE OF SOVEREIGN EQUALITY
The Ukraine crisis has shown the weakness of International law and especially given a blow to ‘Principle of sovereign equality’. What is principle of sovereign equality under international law? It is juridical in nature i.e., all states are equal under International law. Despite the differences between military power, economic clout, population, geographical size etc. It… Continue reading THE ECLIPSE OF SOVEREIGN EQUALITY
National Floodplains Zoning Policy
What is the News? The Ministry of Jal Shakti has informed the Rajya Sabha about the National Floodplains Zoning Policy. What is Flood Plain Zoning? Flood Plain Zoning has been recognized as an effective non-structural measure for flood management. Flood-plain zoning measures aim at demarcating zones or areas likely to be affected by floods of… Continue reading National Floodplains Zoning Policy
Explained: India’s draft medical devices policy, and why it is needed
What is the News? The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers has released “Draft National Policy for the Medical Devices, 2022. What is the Medical Devices Sector? Click Here to read What is the need for National Policy for the Medical Devices? Firstly, nearly 80% of the medical devices currently sold in the… Continue reading Explained: India’s draft medical devices policy, and why it is needed
Supreme Court tears into practice of ‘sealed cover jurisprudence’
What is the News? Recently, the two separate Benches of the Supreme Court have criticized the “Sealed Cover Jurisprudence” practised by the Government in Courts. What is Sealed Cover Jurisprudence? It is a practice used by the Supreme Court and sometimes lower courts of asking for or accepting information from government agencies in sealed envelopes… Continue reading Supreme Court tears into practice of ‘sealed cover jurisprudence’
Hijab not an essential practice of Islam, rules Karnataka High Court
What is the News? Karnataka High Court has pronounced its verdict on the petitions related to the row over wearing hijab in educational institutions. What were the issues before the Karnataka High Court? The questions before the High Court were: – Whether the wearing of the hijab is essential religious practice under Islam. – Whether… Continue reading Hijab not an essential practice of Islam, rules Karnataka High Court
