Source: Indian Express Relevance: Formalization of work force, problems faced by informal sector workers Synopsis: Ignoring problems in the informal sector can be costly as it can lead to job and wage losses, higher inflation and even risk the livelihood of migrant workers. Contents1 Context2 Informal sector scenario in India3 Impact of COVID4 What does… Continue reading What India’s informal sector needs right now?
Nehru’s real big mistake: Heavy industry wrongly got priority in 1950s. So even at 75, India isn’t rich
Source: Times of India Synopsis: Nehruvian Socialism has been criticized for many of India’s present problems. This article explains the main cause behind that. Contents1 Introduction2 What was the approach followed by Nehru?3 Consequences of Nehru’s approach 4 Why the transition has been very slow? Introduction Nehruvian Socialism has often been criticized for India’s economic failures… Continue reading Nehru’s real big mistake: Heavy industry wrongly got priority in 1950s. So even at 75, India isn’t rich
Welcome rethink on FTAs
Source: Business Standard Relevance: Significance of International trade to Indian Economy Synopsis: Increasing exports is important criteria for India’s sustained economic growth in the future. Contents1 Context2 What is an early harvest” agreement?3 How protectionism will impact India’s trade potential?4 Why India needs to focus on exports & global trade?5 Suggestions/Measures6 Why India Should Join… Continue reading Welcome rethink on FTAs
Why attempts to boost oil palm farming may work?
Source: Business Standard Relevance: Analysis of National Mission on Edible Oils Synopsis: In light of the recently announced scheme to boost production of palm oil in India, a brief look at previous such attempts, their impact and the overall issues involved with palm oil cultivation. Contents1 Context2 Present scenario3 Challenges with palm oil cultivation4 Previous… Continue reading Why attempts to boost oil palm farming may work?
India’s looming water crisis and urgent measures to address it
Source: Livemint Relevance: Measures needed to address India’s water crisis Synopsis: The groundwater table in India is falling at faster rate than ever, and thus we need radical changes in agricultural practices along with other measures to address the water crisis of India. Contents1 Context2 Significance of groundwater3 Factors behind groundwater decline4 Measures needed Context… Continue reading India’s looming water crisis and urgent measures to address it
The space race is getting harder
Source: Business Standard Relevance: Understanding the impact of the new space race Synopsis: A vast technological gap is opening up as humans race to colonize the solar system. A brief look into the space race of the past and the implications of the new age space race. Contents1 Why launching objects into space is hard?2… Continue reading The space race is getting harder
Government proposes amendment to Electricity (Late Payment Surcharge) Rules
Source: PIB Contents1 What is the News?2 Purpose of the Amendment:3 Key Provisions of the rules:4 Payment Bill:5 Time Tagged: What is the News? The Ministry of Power has released the draft Electricity (Late Payment Surcharge) Amendment Rules, 2021. Purpose of the Amendment: The Rules seek to amend the norms for facilitating electricity generators to… Continue reading Government proposes amendment to Electricity (Late Payment Surcharge) Rules
Community policing drive inaugurated
Source: The Hindu Contents1 What is the News?2 About Ummeed Initiative:3 What is Community Policing?4 Examples of Community Policing in India:5 Benefits of Community Policing: What is the News? Delhi Police Commissioner has inaugurated a community policing programme ‘Ummeed’ in the North-East district of Delhi. About Ummeed Initiative: Ummeed is a community policing programme that… Continue reading Community policing drive inaugurated
Notification for Electronic Monitoring and Enforcement of Road Safety
Source: PIB What is the News? The Ministry of Road Transport and Highways issued notification for ‘Electronic Monitoring and Enforcement of Road Safety. What are Electronic Enforcement devices used for? Electronic Enforcement devices are devices used by the authorities to monitor traffic movements and also to issue challan against offences. What do the rules say… Continue reading Notification for Electronic Monitoring and Enforcement of Road Safety
Why RBI disagrees with market perception on policy normalization?
Source: Business Standard What is the news? RBI’s decision to conduct variable reverse repo (VRRR) auctions should not be considered as a reversal of the accommodative policy stance. Background Recently, RBI while announcing the review of the monetary policy, said the central bank has decided to conduct fortnightly VRRR auctions. However, RBI Governor categorically stated that… Continue reading Why RBI disagrees with market perception on policy normalization?
