News: Recently, the government launched the Agnipath scheme. It has sparked off vehement protests from aspirants to defence services. Nature of Indian Defence Forces India has always had a complete volunteer defence force. Indeed, there is fierce competition to join as the riots indicate. There are strong economic reasons for such a high competition. There… Continue reading The flawed rationale behind Agnipath
Tag: business standard
The next level – 5G will open up opportunities for businesses
News: Recently, Cabinet has approved the much-awaited airwave auction for ultra-fast mobile internet networks. With this, India is set to join the league of 5G-enabled nations. Contents1 What is 5G technology?2 What are the benefits of 5G technology?3 What is a Spectrum Auction?4 About the 5G auctions5 What are the things that should be considered… Continue reading The next level – 5G will open up opportunities for businesses
Trained but unemployed
News: In a recent interview, the Minister of State for Skill Development and Entrepreneurship said the government was spending ₹ 5,000 crore on skill development initiatives. Further, the government seeks to recruit one million people in 18 months Contents1 Background2 2nd Iteration3 3rd Iteration4 Overall Achievements5 Way Forward Background The government announced the Pradhan Mantri… Continue reading Trained but unemployed
For the first time in a decade, WTO members reach historic deal at Geneva
Contents1 What is the News?2 What are the major outcomes of a deal at the 12th Ministerial Conference(MC12)?2.1 TRIPS Waiver3 On Food Security4 On E-Transmission Moratorium5 On Fisheries Subsidies What is the News? For the first time in a decade, the members of the World Trade Organization (WTO) have finalized a historic deal at the… Continue reading For the first time in a decade, WTO members reach historic deal at Geneva
Regional imbalance – Focus on equitable growth
News: One of the biggest challenges for policymakers is to enable the post-pandemic economy to attain higher sustainable growth in the medium term. The task of attaining higher sustainable growth has become more challenging because of global headwinds and India’s own weaknesses such as higher public debt. What are the positive situations of the Indian… Continue reading Regional imbalance – Focus on equitable growth
The jobs push
News: The Centre recently announced plans to recruit 10 lakh people in ministries and departments over the next one-and-a-half years. This might not be enough considering the scale of the unemployment problem that India is facing. Private sector’s contribution will be needed. Contents1 The underlying structure of India’s economy2 What is the key challenge?3 Issues… Continue reading The jobs push
India jumps 6 places to 37th rank on IMD’s World Competitiveness Index
What is the News? The World Competitiveness Index 2022 has been released. What is the World Competitiveness Index? Released by: Institute for Management Development (IMD) since 1989. Purpose: To rank 63 economies and assess the extent to which a country promotes the prosperity of its people by measuring economic well-being via hard data and survey… Continue reading India jumps 6 places to 37th rank on IMD’s World Competitiveness Index
Needed: A PM’s council for human development
Context: India’s goal should be to be in the top 50 nations of the world by 2047 in human development and at least a rank below 100 by 2030. These need a prime minister-led human development council under the NITI Aayog. The governing council/ National Development Council itself can be that body with exclusive meetings… Continue reading Needed: A PM’s council for human development
Red marks in green power plans amid lack of reform in electricity pricing
News: Recently the Union Power Minister has asked states to set up steering committees at the level of chief secretaries to plan for the energy transition. Why there is a need for power sector reforms? No money spent on capital expenditure: Capital expenditure among states is rising fast, but it is not rising in the… Continue reading Red marks in green power plans amid lack of reform in electricity pricing
Regarding the Abridged Life Tables report: The longevity puzzle
News: According to the recent Abridged Life Tables report for the period of 2015-19, the average Indian can expect to live about 69.7 years, around two years more than the life expectancy 10 years ago. Contents1 What are the findings of the report?2 What are the challenges highlighted by the report?3 What are the steps… Continue reading Regarding the Abridged Life Tables report: The longevity puzzle
