PSBs to introduce common staff accountability guidelines for NPAs

Contents1 What is the news?2 What are the staff accountability policies of PSBs?3 About the guidelines issued by Finance Ministry4 How the staff accountability will be ensured under the new guidelines?5 What is the existing RBI Framework for Loans above 50 crores turning NPAs?6 What is the significance of these guidelines? What is the news?… Continue reading PSBs to introduce common staff accountability guidelines for NPAs

Kashmir’s fragility has more complex reasons

Synopsis: Recently there has been an increase in violence in Kashmir. This needs careful analysis to avoid the failure of the Kashmir Policy. Contents1 Introduction2 What is the ground reality?3 What is the role of Pakistan and China in the violence in Kashmir?4 How India can solve violence in Kashmir? Introduction Several civilians and armed… Continue reading Kashmir’s fragility has more complex reasons

9 PM Daily Current Affairs Brief – November 2nd, 2021

Dear Friends We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough and… Continue reading 9 PM Daily Current Affairs Brief – November 2nd, 2021

Metaverse explained by 2 media and information experts

What is the news? There is a new push in tech-firms for dominating the “Metaverse” technology. Recently Facebook renamed itself as “Meta” highlights one such push. Technology industry envision it as the successor to today’s internet. What is “Metaverse”? The “metaverse” is a network of always-on virtual environments in which many people can interact with… Continue reading Metaverse explained by 2 media and information experts

Finding a way out of India’s deepening water stress

Synopsis: India’s water crisis will increase in future, so the government, people, and all should come together to solve the issue. Introduction Recently, the draft National Water Policy has been submitted by the Mihir Shah committee. What are the reasons behind the water crisis in India? Lack of sustainable urban planning: Many cities in India… Continue reading Finding a way out of India’s deepening water stress

Digitization could ease MSMEs’ access to supply-chain finance

Synopsis: Access to formal credit to MSMEs can be provided by linking the GST system and TReDS platform. Contents1 Introduction2 Why India should link the GST system and TReDS platform?3 How to link GST System and TReDS platform?4 What are the benefits of linking the GST system and TReDS Platform? Introduction Access to formal credit… Continue reading Digitization could ease MSMEs’ access to supply-chain finance

Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns

Synopsis: Targeted support should be ensured to ensure desired growth of the sectors. Introduction Recent economic data shows that the Indian economy is bouncing back and is likely to exceed the pre-pandemic levels. RBI’s October Bulletin also indicated a GDP growth of 9.6% in the July-September quarter. But still, there are some sectors that are lacking… Continue reading Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns

Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable

Synopsis: Reasons for the increase in Centre’s gross tax revenues during April-September 2021. Introduction The Centre’s gross tax revenues have grown 64.2% year-on-year during April-September. This has resulted in a reduced fiscal deficit for the first half of 2021-22 that is, just 35% of the budget estimate for the whole year. According to the Swiss… Continue reading Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable

A good synthesis of climate and transport economics would help

Synopsis: An analysis of urban India’s need for sustainable mobility suggests that we must rely heavily on clean public transit systems. Contents1 Introduction2 Why slow transition towards zero-emission vehicles looks difficult for India?3 What are ‘transit cities’ & How India can develop transit cities?4 What are the challenges in designing a transport system? Introduction Road… Continue reading A good synthesis of climate and transport economics would help

Decarbonization mustn’t overlook the rich-poor divide

Synopsis: Unless the world addresses the distributional and inequality-causing impact of highly carbon-intensive economic models, our job towards limiting temperature rise to 1.5°Celsius will remain unfinished Contents1 Introduction2 How much subsidies does India spend on fossil fuels?3 How much carbon space is available as of now?4 What is the way forward? Introduction With increased carbon… Continue reading Decarbonization mustn’t overlook the rich-poor divide

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