A fresh blow to globalisation

News: There are two broad possibilities that may arise as an effect of the present Ukraine crisis – one is the reordering of international relations, and the other is declining globalisation.   Contents1 How the western countries have responded to the Ukraine Crisis? 2 What, as per experts, led to the Ukraine crisis?3 How the present… Continue reading A fresh blow to globalisation

Insolvency proceeding deadline problem 

News: Insolvency and Bankruptcy Code (IBC), 2016 aims for time bound corporate insolvency resolution process or CIRP. Although initially these timelines were adhered, but with time, considerations of factors like livelihood of those related to the company have led to delays. Due to this, the focus has shifted to revival rather than on timely resolution. … Continue reading Insolvency proceeding deadline problem 

Medical courses at IITs? UGC draft guidelines get a thumbs up

What is the News? University Grants Commission has released “Draft Guidelines for Transforming Higher Education Institutions into Multidisciplinary Institutions”.  The guidelines have been prepared in line with the National Education Policy, 2020 which has envisaged at least one large multidisciplinary higher education institute in or near every district by 2030. What are the key features… Continue reading Medical courses at IITs? UGC draft guidelines get a thumbs up

India’s gender empowerment enigma

Context: The International Women’s Day was celebrated. But, the focus on gender inequality has not been adequate in the country. What are the steps taken to tackle gender inequality? The government has made reforms which mandated longer maternity leave for women, the provision of better child care facilities in workplaces, the subsidized cooking gas distribution… Continue reading India’s gender empowerment enigma

An alternative export strategy 

News: In a recent interview Raghuram Rajan, the former governor of the Reserve Bank of India, has suggested that India should focus primarily on exports of information technology-enabled services (ITeS) along with professional services such as consultancy, legal, medicine, accounting, etc.  Contents1 What are the problems associated with making service export as the mainstay of… Continue reading An alternative export strategy 

The burden of Govt Equity in PSUs

News: From the analysis of PSU investments by different governments in the last two decades, the result shows that their share in total government expenditure increased rapidly since 2014.  What has been the disinvestment and Privatisation trajectory in the last decade?  Although the government in the time period ranging from 2009-2014 dropped the total equity… Continue reading The burden of Govt Equity in PSUs

Why India may not get a sizable role in post-war reconstruction of Ukraine

Context: After Ukraine crisis, major international bodies will be framing world order. India might not be a participant in decision making due to its weak presence on international institutions.    After World War II, the Global Reconstruction was handled by newly created international organizations, like the United Nations (UNs), the IMF, and the World Bank.… Continue reading Why India may not get a sizable role in post-war reconstruction of Ukraine

Risks of imported energy gets real

News: India imports 36 per cent of its total energy needs and biomass still accounts for a fourth of India’s energy supply.   The current spike in energy prices due to sanctions on Russia have the potential to derail India’s post-Covid recovery.  This crisis should strengthen policymakers’ resolve to focus on self-sufficiency in energy over… Continue reading Risks of imported energy gets real

Rethinking the 100 new cities plan

News: The idea of creation of 100 new cities in India has not taken off. It was an important mission launched by the public authorities in 2014 which included the Smart Cities Mission. Why new cities are needed in India? Economic Growth and Job Creation: Urban real estate development is a part and parcel of economic… Continue reading Rethinking the 100 new cities plan

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