Synopsis: Production-linked incentive (PLI) schemes are gathering momentum. Introduction 25 companies, including Nokia and Dixon Technologies, have registered for the telecom hardware PLI scheme. It is worth over Rs 12,000 crore. PLI schemes for telecom hardware, steel sector, advanced chemistry cell batteries etc. Have been notified. However, sufficient thought or a strategic planning is missing in… Continue reading Inadequate planning on PLI Schemes
Our record forex reserves must be seen in the right perspective
Synopsis: India’s Foreign exchange reserves have registered a record increase. However, analyzing factors and impacts of this increase are important. Introduction India’s foreign exchange reserves crossed $600 billion for the first time. On July 11, the reserve stood at $608.1 billion. Out of that foreign currency reserves account for $563.5 billion and gold reserves accounts for… Continue reading Our record forex reserves must be seen in the right perspective
Quality focus to help in ‘setting humane fiscal policy’: RBI study
What is the News? A Reserve Bank of India study has said that the formal weaving of quality targets into the fiscal consolidation paths would result in setting fiscal policy with a “human face”. Key Facts mentioned in the Article: About Cyclical Fiscal Policy: Cyclicality of the fiscal policy simply refers to a change in direction… Continue reading Quality focus to help in ‘setting humane fiscal policy’: RBI study
Threats Posed by UAVs – Explained, Pointwise
Introduction: Over the past two years, drones or UAVs have been deployed regularly by Pakistan-based outfits to smuggle arms, ammunition, conducting aerial surveillance, and drugs into Indian territory. Recently, two explosive devices were dropped from a drone at the air force base in Jammu. This was the first known drone or UAV attack on an Indian military… Continue reading Threats Posed by UAVs – Explained, Pointwise
Let’s step back from the NPA Scare
Synopsis: Lenders must be less afraid of regulators and agencies so that they can aggressively restructure debts. Introduction In India, there is a “NPA Scare”: An inflated fear of NPAs and lender losses. Failure of a business and credit losses are unavoidable in lending. We will hinder economic growth if we avoid all NPAs or demonise… Continue reading Let’s step back from the NPA Scare
Focused on Pakistan rather than China, India in Tier 3 as cyber power: Report
What is the News? International Institute for Strategic Studies (IISS), a think tank, has released a report titled “Cyber Capabilities and National Power: A Net Assessment”. About the Report: The report assesses the cyber capabilities of 15 countries and how they contribute to national power. Parameters: The report measured each country’s capabilities in seven categories; Strategy and doctrine, Governance, command and… Continue reading Focused on Pakistan rather than China, India in Tier 3 as cyber power: Report
What are DMCA notices for protection of intellectual property online?
What is the News? The union minister for Electronics and Information Technology was locked out of his Twitter account for an hour allegedly over a notice received for violation of the Digital Millennium Copyright Act (DMCA). What is the Digital Millennium Copyright Act or DMCA? Digital Millennium Copyright Act or DMCA is a 1998 law passed in the… Continue reading What are DMCA notices for protection of intellectual property online?
India’s debt-to-GDP ratio at a 14-year high
Relevance: Present situation of India’s economy, dealing with a high debt burden and an increased Fiscal Deficit. Synopsis: High Fiscal Deficit, a very high Debt-to-GDP ratio and a high amount of external debt have raised concerns over debt sustainability. Few concerns and possible solutions. Rise in Fiscal Deficit & Debt-to-GDP ratio Fiscal Deficit = 9.3% of… Continue reading India’s debt-to-GDP ratio at a 14-year high
Police reforms are not enough
Synopsis: Police reforms are much needed in India. In this respect, India can learn a lot from the George Floyd trial. Killing of George Floyd was in news a few months back. In USA it sparked mass protests culminating in the conviction of the police officer involved in the case. Why an erosion of public trust in the police… Continue reading Police reforms are not enough
Pakistan on FATF grey list- What does it mean for India?
Synopsis: Pakistan’s has been retained on Financial Action Task Force (FATF) grey list. Pakistan will stay on FATF grey list for now. Pakistan missed the mark by one crucial action point out of 27 – being judged deficient in prosecuting the senior leadership of UN-proscribed terror groups. Read more – Pakistan to remain on FATF greylist -ForumIAS Blog FATF and Pakistan Many in the Pakistan are… Continue reading Pakistan on FATF grey list- What does it mean for India?
