Tag: business standard

Context: India’s policy must be aligned with the present realities to make its economy shock proof to any external development. India has gone through a number of crises in the Indian economy since 1962. For Example like India fought three wars, suffered droughts, first oil shock, double-digit inflation, which peaked at 26 per cent, imposition… Continue reading Shock-proofing the economy: Quality jobs the best possible safety net

News: A report commissioned by YouTube (YT), provide a glimpse of the “creator economy” in India. Scope of YouTube Channels in India YouTube platform hosts around 40,000 Indian channels with over 1 lakh subscribers and the number of channels earning revenues in excess of Rs 1 lakh jumped by 60 per cent year-on-year in June… Continue reading Unshackling the creative sector

News: The Goods and Service Tax (GST) is going to complete its five years in a few months. Therefore, it has triggered a debate for big structural change in the system. GST was expected to reduce complications in the indirect tax system, contain tax evasion, and boost revenue and economic growth over time. However, it… Continue reading Addressing uncertainty – Necessary changes in GST must be made in time

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

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 

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

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 

News: Due to Russian Invasion of Ukraine, US imposed a ban on energy imports from Russia and its other allies could do the same. Their corporations in the energy sector are moving out of Russia. It could permanently reshape the dynamics of energy sector. Energy prices might stay elevated in the foreseeable future even if… Continue reading Managing the rupee

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