Synopsis: The Insolvency and Bankruptcy Code (IBC), which was promoted as a panacea to the problem of bad loans, has been attacked as being ineffective at best and counterproductive at worst. It requires a more nuanced debate. Introduction In recent months, a landmark economic reform of the last decade has come under criticism from various… Continue reading Criticism of the IBC’s recovery record is unwarranted
BRICS: 2021 vs 2013: About Taper Tantrum and Economy of BRICS nations
Synopsis: The BRICS is better equipped to handle financial turbulence. Now, the focus must be on growth. Introduction: For two years, the focus of the BRICS has largely been on the economic impact of Covid. The BRICS nations are also concerned about when the US Fed will begin to taper its asset purchases again. Read… Continue reading BRICS: 2021 vs 2013: About Taper Tantrum and Economy of BRICS nations
Regulatory limbo: Digital markets are fast expanding. We need an umbrella law for platforms
Synopsis: India needs to speed up its regulatory architecture in line with the pace of adoption of digital marketplaces. Introduction One consequence of lockdowns imposed across the world during COVID was the quickening pace of economic transactions shifting from physical to digital marketplaces. Eighteen months since the pandemic hit, societies have moved towards more engagements… Continue reading Regulatory limbo: Digital markets are fast expanding. We need an umbrella law for platforms
How to boost financial inclusion
Synopsis: Greater flexibility in financial products will lead to greater inclusion of nano-enterprises, a segment which is critical to the growth of our rural economy. Introduction There are 63.4 million MSMEs in India, 99% of which are micro enterprises with less than Rs 10 lakh in investment. These tiny businesses are run by nano-entrepreneurs, a… Continue reading How to boost financial inclusion
Women self-help groups: Funding alone does not work; the government needs to listen in
Synopsis: Women-run SHGs form the backbone of our country. In order to help them to sustain for a long period, government needs to frame proper policy and provide ecosystem to the SHGs other than providing funding to them. As a whole, institutional support is needed to fully exploit their potential. Introduction Women-run SHGs form the… Continue reading Women self-help groups: Funding alone does not work; the government needs to listen in
COVID-19, kidney injury and need for vaccine shot
Synopsis: Covid-19 pandemic has long-term effects on internal organs. This article deals with issues with its impact on Kidney. Introduction: COVID-19 damages many organs including the lungs, heart and kidneys. A severe form of the disease is seen in older adults and people with chronic heart, kidney and lung diseases, diabetes or other conditions that… Continue reading COVID-19, kidney injury and need for vaccine shot
Political incentives for populism could let India’s democracy down
Synopsis: A democracy claims to represent the majority or the will of the people. However, often it seems to represent the will of a well-organized minority. Introduction The struggles of democracy to meet the conflicting demands of the electorate are well known. This was on display in 2018 in Goa when taxi drivers came head… Continue reading Political incentives for populism could let India’s democracy down
Can the Shanghai Cooperation Organisation be the regional body that stabilises Afghanistan?
Synopsis The crisis in Afghanistan presents a major opportunity for the SCO to realise its regional ambitions. Introduction The Shanghai Cooperation Organisation‘s (SCO) importance for Afghanistan seems self-evident if one can see its member and observer nations. Its founding leaders are the two great powers of the east — Russia and China. Its other initial… Continue reading Can the Shanghai Cooperation Organisation be the regional body that stabilises Afghanistan?
Archakas of all hues : About religious reforms
Synopsis: The reforms made by the Tamil Nadu government in Temples and their acceptance in Court is paving a way for reforms in Temples throughout India. Introduction Recently, the Tamil Nadu government appointed 24 trained archakas (priests) in temples across the State which come under the control of the Department of Hindu Religious and Charitable Endowments… Continue reading Archakas of all hues : About religious reforms
SC urges company law tribunals to clear IBC cases fast
What is the News? The Supreme Court has said that the “judicial delay” was the main reason for the failure of the insolvency regime in India prior to the Insolvency and Bankruptcy Code (IBC),2016 came into force. Hence, it has urged the company law tribunals to “strictly adhere” to the timelines under the IBC and… Continue reading SC urges company law tribunals to clear IBC cases fast
