Source: The Hindu Synopsis During the 2000’s there was decline in poverty as was indicated by the Government data. However, now multiple data point to a rise in poverty and unemployment. Context Source: The Hindu Consumption expenditure survey (CES) is conducted and released every 5 years by NSO 2017-2018 data was not released, and the… Continue reading Poverty in India is on rise again
Exempting select PSUs from minimum free float norm reverses govt stance
Source: Indian Expres Relevance: Changes to minimum public shareholding norms and consequent impact Synopsis: Recently, the Department of Economic Affairs has amended the Securities Contract (Regulation) Rules, 1957 (SCRR). Background Through a recent notification in the government gazette, the Department of Economic Affairs has amended the Securities Contract (Regulation) Rules, 1957 (SCRR). The amendment states… Continue reading Exempting select PSUs from minimum free float norm reverses govt stance
Just Energy Transition
Source: Indian Express Relevance: Achieving a clean energy transition for India, which is just and inclusive. Synopsis: A people-centric approach will help India build a clean and inclusive energy future and also provide a model for other countries and communities worldwide. Current scenario in India It is among the world’s top five countries in terms… Continue reading Just Energy Transition
Privacy checks can be built into software architecture
Source: Livemint Relevance: Protecting Right to Privacy and enabling digitization Synopsis: India’s Data Empowerment and Protection Architecture (DEPA) is becoming an important tool to strengthen the privacy framework in India. It not only gives us better control over our data transfers, but also covers nearly all the modern principles that are central to privacy. Principles… Continue reading Privacy checks can be built into software architecture
Finance Panel for appointing HC judges as NCLT members to reduce litigation
Source: Business Standard What is the News? The Standing Committee on Finance of the Lok Sabha has recommended overhauling the entire IBC (Insolvency and Bankruptcy Code) process. Click Here to Read about Insolvency and Bankruptcy Code Problems in the IBC Process: Click here to read about the challenges with the IBC Recommendations of the Standing… Continue reading Finance Panel for appointing HC judges as NCLT members to reduce litigation
How e-RUPI can make welfare payments easier?
Source: Live Mint What is the news? Government of India recently launched e-RUPI which can make welfare payments easier and more efficient, and to an extent looks like the precursor of a Central Bank Digital Currency (CBDC). Must Read: What is e-RUPI and how does it work? What will e-RUPI be used for? The most… Continue reading How e-RUPI can make welfare payments easier?
Govt approves two more new strategic oil reserves of capacity
Source: AIR What is the News? Under Phase II of the Strategic Petroleum Reserves Program, the Government has approved two additional commercial-cum-strategic facilities at Chandikhol (Odisha) and Padur (TN) under Public-Private Partnership (PPP) model. What are Strategic Petroleum Reserves(SPR)? Strategic Petroleum Reserves(SPR) are stockpiles of crude oil maintained by countries to handle the risk of… Continue reading Govt approves two more new strategic oil reserves of capacity
Is net zero emission concept zeroing in on Climate change?
Source: Down to Earth Relevance: Flaws with the net-zero concept Synopsis: The world has seen a massive surge in voluntary commitment to achieve net-zero emission targets but there are inherent problems with the net-zero concept. Listing few such problems and a way forward. What is net zero concept? Net zero refers to the balance between the… Continue reading Is net zero emission concept zeroing in on Climate change?
Poultry industry seeks extension of loans, import of GM soybean
Source: The Hindu Relevance: The recent demand from the poultry industry to permit the import of crushed genetically modified (GM) soy seeds again stirred the issue of GM crops in India. What is the News? The poultry industry is demanding that the Central government to permit the import of crushed genetically modified (GM) soy seeds… Continue reading Poultry industry seeks extension of loans, import of GM soybean
Two is too few
Source: Livemint Relevance: Essentiality of Fair competition in the market Synopsis: The telecom sector in India may soon see a duopoly soon. Since the Vodafone Idea is facing various issues to remain afloat creating circumstances for emergence of Duo Poly (Reliance Jio and Bharti Airtel). Issues with Telecom sector Declining Average Revenue per User (ARPU):… Continue reading Two is too few
