Synopsis: Access to formal credit to MSMEs can be provided by linking the GST system and TReDS platform. Introduction Access to formal credit continues to be a challenge for micro, small and medium enterprises (MSMEs). Lack of reliable financial information is one of the main reasons. This can be solved by linking India’s GST system… Continue reading Digitization could ease MSMEs’ access to supply-chain finance

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

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

Synopsis: An analysis of urban India’s need for sustainable mobility suggests that we must rely heavily on clean public transit systems. Introduction Road transport contributes about 10% of global emissions and is rising faster than any other sectors. Hence the emphasis of developed countries is towards shifting away from car possession. Why slow transition towards… Continue reading A good synthesis of climate and transport economics would help

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 Introduction With increased carbon emissions the global carbon budget is also decreasing. We need to make suitable changes to our lifestyles to make them less and less carbon intensive.… Continue reading Decarbonization mustn’t overlook the rich-poor divide

Synopsis: Controlling money supply and issuing money are at the root of the power and influence that the governments of this world command. Leaving the limited use case and exchange value aside, if Cryptocurrencies pose any real challenge to the existing fiat currencies it may result in a stern policy action. Introduction Bitcoin and other… Continue reading The crypto conundrum

Synopsis: While the world is gathered at Glasgow for COP26 meeting and finalizing the climate action roadmap for the coming years, new threats to environment have already come up. Countries need to start thinking about solutions to these issues right away. Otherwise, a decade down the line, they will find that they are in a… Continue reading The green issues of tomorrow

Synopsis: The post pandemic trajectory of economy has some trends and facts which are both challenging as well as encouraging. Introduction The current economic cycle is a rare one, induced by a major public health shock. To revive the economy, massive monetary stimulus was provided by various central banks by following loose monetary policy. We… Continue reading Mixed signals on growth-inflation dynamics