Synopsis: The business model of banks is under threat. Hence, both banking and market regulators must take a close look at the evolving landscape. Introduction Corporate India has cut its debt burden. They are replacing high-cost debt with cheap money, raised from the market, and sale of assets. Since 2016, RBI has been insisting on… Continue reading An existential crisis for the banking sector?
New hope in private investment?
Synopsis: After long, India has witnessed an increase in private investment. This article explains the reasons for the current shift and significance of Private investment. What is the significance of Private investment? Private investment is the most important source of economic and cultural dynamism in a country. Most gross domestic product (GDP) and most jobs… Continue reading New hope in private investment?
Structural changes in GST
Synopsis: Several important decisions taken during the Goods and Services Tax (GST) Council’s 45th meeting in Lucknow last week. What are the important decisions taken during the GST Council’s 45th meeting? Concessional rates for Essential medicines: The council extended concessional rates for several drugs, such as Remdesivir, used to treat Covid-19. It also reduced duty… Continue reading Structural changes in GST
Our Courts are Infra Vires
Synopsis: To ensure that justice is never delayed, there is a need to urgently upgrade the judicial infrastructure to meet the load of the cases. Introduction This article highlights the state of judicial infrastructure in our country. In this regard, the statement of the Chief Justice of India that he will be championing the creation… Continue reading Our Courts are Infra Vires
Inequity and injustice writ large – Regarding NEET
Synopsis: This article explains the journey of Education and issues surrounding NEET. Introduction Historically, states had established medical colleges and allowed private persons to establish medical colleges. States regulated the admission of students to these colleges. Standards and quality of education improved over time. But, the NEET is creating an era of great inequity and… Continue reading Inequity and injustice writ large – Regarding NEET
Nutrition through biofortification
Synopsis: Malnutrition is a serious problem for India. Biofortification can help us address it Introduction Malnutrition is still rampant in India despite it being the world’s top or second-largest producer of most food items, such as staple cereals, pulses, fruit, vegetables, and milk. Biofortification can be a helpful tool in alleviating this problem. What is… Continue reading Nutrition through biofortification
Empathy through Education
Synopsis: Social and Emotional Learning is not fluff; it is an important goal in education. Introduction The article highlights the importance of Social and Emotional Learning (SEL) as an important tool of education. India’s recent National Education Policy also highlights its importance in children’s development. What is SEL? It forms the foundation of human development, for… Continue reading Empathy through Education
A spike – India must prioritise vaccines to States and districts that are at greatest infection risk
Synopsis: Given the Indian population, vaccinating all adults itself is a challenge in India, given that supply challenges still persist. Introduction Recently, India administered a record 2.5 crore vaccine shots in a day to mark the celebration of the Prime Minister’s birthday. It is equivalent to the populations of the whole of Australia, two-thirds of… Continue reading A spike – India must prioritise vaccines to States and districts that are at greatest infection risk
Who is the hollow CAA really meant to protect?
Synopsis: The CAA was never meant to help asylum seekers and protect persecuted people. Introduction The government evacuated many of its citizens and Afghan nationals from the Hindu and Sikh minorities after the Taliban takeover. But these people would not be given Indian nationality under Citizenship Amendment Act because of the provisions mentioned in it. It provides… Continue reading Who is the hollow CAA really meant to protect?
NARCL: Need and Challenges – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Recently, the Cabinet has cleared a ₹30,600-crore guarantee programme for securities to be issued by the National Asset Reconstruction Company Limited (NARCL) for taking over and resolving non-performing assets (NPAs). What is National Asset Reconstruction Company Limited (NARCL)? NARCL is India’s first-ever “Bad Bank”. It has been incorporated as an Asset Reconstruction Company… Continue reading NARCL: Need and Challenges – Explained, pointwise
