News: PM announced enhanced targets for climate action by India, particularly for achieving net-zero emissions by 2070. What is the need for policy changes in Renewable Energy(RE) sector? By 2070, there will be many changes in technology, environmental conditions, and the economy. Therefore, shorter period planning is needed, so that new knowledge about emerging technologies… Continue reading India needs a coordinated approach for decarbonisation of economy

News: The Reserve Bank of India (RBI) is thinking to approach the Union government to ask for tax benefits for retail investors investing in government bonds through its platform. The idea behind the RBI’s Retail Direct Scheme, to increase the ease of investment in government bonds for individual investors and widen the pool of investors… Continue reading Unnecessary intervention – RBI’s Proposal of tax benefits for retail investors

News: In a recent webinar central bankers, economists and lawyers explored the role and responsibilities of central banks in addressing the challenge of climate change. Must read: RBI must come clean where it stands on climate change Contents1 How central banks can tackle climate change?2 What are the challenges faced by central banks in climate… Continue reading Central banks and climate change: How they can play a role in managing the fallout

News: SBI Research in a recent report said that the size of India’s informal economy had shrunk from 52% of gross domestic product (GDP) in 2017-18 to around a current maximum of 15-20%. However, the report is inaccurate in many accounts. Read more here: https://forumias.com/blog/the-high-cost-of-indias-illusive-quest-for-formalization/ Why the recently released report by the State Bank of… Continue reading An estimate of a big formal shift that stretches credulity too far

News: India is being criticized for its last-minute call affecting changes to the Glasgow Climate Pact (GCP) wherein the expression ‘Phase out’ was changed to ‘Phase down’ of coal-based power in its final version. India’s per capita energy consumption is a third of the global average. Hence, as per the IEA, India will need to… Continue reading India needs time and money before it can dump coal

News: The Population Foundation of India, a non-profit, recently commissioned a study ‘Investing in Adolescent Development’. It examines current interventions in key aspects of adolescent development in India, including physical and mental health, education and prevention of early marriage. Who are the adolescents?  There is no universally accepted definition of adolescents. But, according to the… Continue reading Why should India invest in its adolescent population? New study has an answer

News: The government and regulatory authorities are considering a legislative and regulatory framework for cryptocurrencies.  As enforcing a ban on cryptocurrencies is not advisable, hence, the current policy approach is a step in the right direction. Must Read: Managing cryptocurrencies What parameters must be considered for regulating cryptocurrencies? Define a tax structure: This must outline… Continue reading Good crypto and bad: Defining, regulating and taxing this world

News: Withdrawal of US troops, fall of Afghanistan and return of Taliban has opened the geopolitical contestation for influence over Afghanistan. What are the recent developments? Afghanistan is reeling under economic crisis and humanitarian crisis with an acute shortage of food. Considering this Taliban has shown interest in engaging with India. Read here: Aiding Afghanistan: On… Continue reading Kabul, Kashmir and the return of the real politik

News: Recently, The Supreme Court had suggested some changes in the Real Estate Regulatory Authority Act (RERA) to protect the interests of homebuyers. What are the impacts of ruling on the RERA act? The ruling strengthens the interests of homebuyers, protects their rights, and tells developers to conform to the RERA provisions. SC rulings can… Continue reading What the SC order on RERA means for homebuyers

News: The Government of India has brought two ordinances to extend the tenure of Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) directors up to 5 years. This raises questions about Government’s use of ordinance as the same matter has already been adjudicated by the Supreme Court before. Who can promulgate an ordinance? Article 123… Continue reading House not ordinance: Extending tenures of key officials of premier agencies should be debated in Parliament