Source: Live Mint Relevance: Improving the Insolvency and bankruptcy law. Synopsis: Rather than focussing too much on haircuts and debt recovery, IBC should focus on maximization of value, as intended originally. Few suggestions for reforming the Insolvency and Bankruptcy Code (IBC), 2016. Background A parliamentary standing committee has called for an overhaul of the Insolvency… Continue reading Bankruptcy code reforms must be handled with special caution
An urban jobs safety net
Source: TheHindu Relevance: Impact of COVID on economy & employment Synopsis: The article signifies the need to formulate a wage employment-based national urban livelihood scheme on lines of MGNREGA. Impact of COVID on the economy World Economic outlook report presents a grim picture of the global economy. It states that – all of the world countries… Continue reading An urban jobs safety net
Investing in degraded forest land for the health of our economic system
Source: Down to Earth Relevance: Importance of effective management of land resources. Synopsis: Arresting forest land degradation can help India achieve its SDG targets in a most cost-effective manner. Significance of a healthy forest ecosystem and its benefits. Context Speaking at the high-level virtual dialogue on desertification, land degradation and drought organised by the United Nations… Continue reading Investing in degraded forest land for the health of our economic system
OBC list issue: Quotas solve little
Source: Indian ExpressTOITOI Relevance: latest developments in the issue of OBC reservation. Synopsis: Reservation is a sticky issue in Indian politics. The recent move of restoring the rights of States to frame the OBC list (127th amendment bill) is seen by many as a step in the right direction. Introduction: Political parties showed unity in… Continue reading OBC list issue: Quotas solve little
Medical Educational regulation 2021: Building Consent
Source: The Hindu Relevance: Concerns of Indian Medical Association (IMA) on draft Postgraduate Medical Educational regulation 2021 & demand of withdrawing that bill Synopsis: According to the new regulation, there shall be common Counseling for admission to all medical educational institutions including Post Graduate “Broad Specialty courses” on the basis of merit list of “National… Continue reading Medical Educational regulation 2021: Building Consent
Make House rules more stringent to ensure smooth functioning : Speaker Om Birla
Source: TOI Relevance: The article emphasizes the need to strictly follow the rules of the house to ensure its smooth functioning. Synopsis: Frequent disruptions have been seen in the house, which often stalls the working of the house. Reasons behind the recent protests Pegasus controversy Farm Bills Other issues Impact of the deadlocks: Parties could… Continue reading Make House rules more stringent to ensure smooth functioning : Speaker Om Birla
A Time for Deeper Reform
Source: Indian Express Relevance: Fighting poverty and ensuring inclusive growth Synopsis: India should not just rely on redistribution to fight poverty. Faster economic growth is a much better alternative. Background India made little progress in poverty reduction between 1952 and 1985. It is only after 1991-92 that India began to make significant progress in fighting… Continue reading A Time for Deeper Reform
Focus on food processing
Source: Business Standard Relevance: issues related to Food processing sector in India Synopsis: If India intends to catch up with developed countries where a sizeable part of the produce is processed to add value, then the government needs to address the constraints faced by the food processing industry swiftly. Background Of late, the food processing… Continue reading Focus on food processing
Maritime Security Challenges – Explained, Pointwise
Introduction The issue of Maritime Security is being discussed at the global level. India recently hosted the UNSC summit on maritime security. The meeting was chaired by India, as it holds the council’s membership for the month of August. A cautious discussion and deliberation took place in the meeting over concerning issues like piracy, terrorism,… Continue reading Maritime Security Challenges – Explained, Pointwise
Animal Spirits Are Back (On upsurge in investment)
Source: Times of India Relevance: Private investment to boost economic growth post-COVID Synopsis: The post-demonetisation, post-GST, and post-Covid economy is witnessing the rise of a new middle sector among Indian companies, that want to grow. Context The pandemic that caused economic damage all over the world has led most governments to provide enormous stimulus support… Continue reading Animal Spirits Are Back (On upsurge in investment)
