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 – September 16th, 2021
Reforms in jewellery sector to help achieve export target: Minister
What is the News? The recent reforms in the gems and jewellery industry would help it achieve the $43.75 billion exports target for this fiscal year. About the performance of Gems and Jewellery Sector Gems & Jewellery sector is one of the important sectors of Indian Economy with a contribution of around 7% to GDP,… Continue reading Reforms in jewellery sector to help achieve export target: Minister
Union Cabinet clears decks for National Asset Reconstruction Company
What is the News? The Union Government has approved a proposal that requires the government to guarantee Security Receipts(SR) issued by National Asset Reconstruction Company Ltd (NARCL) when buying non-performing assets (NPAs) from banks. This will clear the path for the launch of National Asset Reconstruction Company (NARCL). Note: Security Receipts (SR) are issued by ARCs… Continue reading Union Cabinet clears decks for National Asset Reconstruction Company
‘Know the enemy, know self’ is sound professional advice
Synopsis: India needs to up its game when it comes to Professional Military Education. We need professionals who are domain specialists having both academic and field experience. Introduction Sun Tzu, Chinese general, military strategist, writer, and philosopher, famously said, “If you know the enemy and know yourself, you need not fear the result of a… Continue reading ‘Know the enemy, know self’ is sound professional advice
India’s revamped FTA strategy
Synopsis: Early Harvest Schemes (EHS) as an FTA strategy is misaligned with India’s immediate requirement of an employment-promoting trade policy. Introduction Recent statements from the commerce ministry have indicated that India is going to revamp its Free Trade Agreement (FTA) strategy and that FTA negotiations would be expedited towards early conclusion. The revamped FTA strategy… Continue reading India’s revamped FTA strategy
There finally seems to be a path forward for GST. Centre and states must strike bargain
Synopsis: After one and a half years of dispute, and with the economy showing signs of recovery, a path forward for the GST finally seems visible. This opportunity needs to be seized What has set back the GST for the past year and a half? Lack of revenues: In 2016-17 the various taxes that were… Continue reading There finally seems to be a path forward for GST. Centre and states must strike bargain
Transient easing: On inflation
Synopsis: Cutting fuel taxes is a sure-shot way to address a major component of price pressures. Introduction The latest retail inflation data suggest, that price pressures have begun to moderate in the economy, with CPI showing inflation having slowed for a second month to 5.3%, after July’s 5.59%. However, price trends among the constituents of… Continue reading Transient easing: On inflation
Cabinet approves major Reforms in Telecom Sector
Synopsis: Govt has introduced a range of reforms for improving the ailing telecom sector. These reforms were much needed in light of the recent Vodafone Idea crisis resulting in a likely duopoly of Airtel and Jio in India’s telecom space. Introduction The Union Cabinet approved a number of structural and process reforms to rescue the… Continue reading Cabinet approves major Reforms in Telecom Sector
Democracy of Producers
Synopsis: Real democratic freedom is impossible without economic equality. Introduction Democracy is about freedom. Rosa Luxemburg famously opined that real freedom is the freedom to disagree. In a functional sense, democracy means discussion, debate and dissent. But in India, these are fast disappearing and there is a deliberative deficit. How democracy accumulates undesirable tendencies? Shrinking… Continue reading Democracy of Producers
We Ignore True Secularism At Our Own Peril
Synopsis: Indian state shouldn’t be running Hindu temples when it doesn’t run mosques, churches, gurdwaras. Introduction This article highlights the essence of Secularism and how it impacts Indian culture. What is Secularism in the Indian context? Secularism in the Indian context does not mean that the state will stay away from religion. In India State… Continue reading We Ignore True Secularism At Our Own Peril
