What is the news? Ministry of Labour and Employment introduced four Bills on labour codes to consolidate 29 central laws in 2019 which were then replaced with new ones in 2020. These new labour codes are likely to be implemented in 2022-23. What is the need for these codes? Simplification: India currently has a… Continue reading All you need to know about the new labour codes
All you need to know about the new labour codes
What is the news? Ministry of Labour and Employment introduced four Bills on labour codes to consolidate 29 central laws in 2019 which were then replaced with new ones in 2020. These new labour codes are likely to be implemented in 2022-23. What is the need for these codes? Simplification: India currently has a… Continue reading All you need to know about the new labour codes
Sunderbans plantation: Shield against cyclones but obstruction for animals?
What is the news? West Bengal’s move to develop mangroves in the Sunderbans is obstructing animal movement in the forest. Background: South 24 Parganas district administration had earlier this year finalized plans to plant over 5 crore mangrove saplings and earmarked over 2,000 hectares of land in the Sunderbans for the plantation. Why an emphasis… Continue reading Sunderbans plantation: Shield against cyclones but obstruction for animals?
Agriculture needs a booster dose
News: The cure for the farm sector’s ills lies primarily in making agriculture remunerative. Why are farmers discontented and uneasy? Income from crop farming has become insufficient for the livelihood of an average farm family: The “Situation Assessment of Agricultural Households” survey, carried out by the National Sample Survey Organisation in 2018-19, clearly indicates that… Continue reading Agriculture needs a booster dose
Goodbye shadow banking
News: Recently RBI passed a string of new norms to strengthen the regulations for NBFC sector What is a shadow bank? A shadow bank is into the business of lending but is not subject to any regulatory oversight. The shadow banking system also refers to unregulated activities by regulated institutions. What is the significance of… Continue reading Goodbye shadow banking
Avoid policy adventurism
News: Goods and services tax (GST), one of the biggest reforms in recent decades, will complete five years in July next year. It was expected that after some initial implementation difficulties, the system would stabilise and boost revenue collection along with output. But that doesn’t seem to be happening. While revenue collection has improved, partly… Continue reading Avoid policy adventurism
Let’s re-emphasize the ‘social’ aspect of our ESG investments
News: Need to start a new ‘bio bond’ asset class to support Biomedical research. In Environment, social and governance investing, while many of the investments goes to environment and governance aspect, Social-welfare investments are often neglected. But there is an urgent need to change this, especially in biomedical research, to make it more sustainable, and… Continue reading Let’s re-emphasize the ‘social’ aspect of our ESG investments
What to look at before investing in ESG funds
News: Earlier this week, the National Stock Exchange (NSE) launched NSE Prime. Environment, social responsibility, and corporate governance have of late emerged as key themes for investors in India. The asset size of ESG funds has increased nearly five times to Rs 12,300 crore over the last couple of years. In this context, recently NSE… Continue reading What to look at before investing in ESG funds
How PMO letter to EC challenged institutional balance
News: Earlier, a letter written by the Law Ministry to the Election Commission (EC) on November 15, has come under criticism. This letter created debates regarding India’s institutional structure and its traditions and conventions. The recent press communiqué of the Law Ministry offer certain logical conclusions and clarifications. Must read: Functioning of the Election Commission… Continue reading How PMO letter to EC challenged institutional balance
The elderly are assets, not dependents
News: India’s demographic dividend implies that there is a larger pool of young population. This implies lower dependency and can boost the economy of a country, like was experienced by East Asian tigers and even in China. But in the future, India is likely to experience an increasingly elderly population. Must Read: Elderly population in… Continue reading The elderly are assets, not dependents
