News: This article says that the employment data in India is not consistent and does not show a clear pattern. The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator,… Continue reading A hazy picture on employment in India
Tag: business standard
India, with lunar odyssey planned this year, is among many looking moonward
What is the News? Moon will be the focus of multiple missions through 2022 and the following decade. The moon will also be the test-bed for technologies that enable exploration of Mars and the establishment of space colonies. What are the various missions being planned on the Moon by different countries? NASA: It has a… Continue reading India, with lunar odyssey planned this year, is among many looking moonward
Flying Home – on Air India privatisation
News: Recently, the Tata group regained Air India by winning the bid of Rs 18,000 crore and acquired Air India after seven decades. Tatas will gain 100 percent ownership in Air India, Air India Express, and a 50 percent stake in the ground handling firm AI-SATS. Why Air India privatization is seen as a beneficial… Continue reading Flying Home – on Air India privatisation
Philippines to acquire BrahMos cruise missiles for $375 million
Contents1 What is the news?2 What are Brahmos Missiles?3 How would a Brahmos missile protect the Philippines from China?4 What is the significance of this deal for India? What is the news? India has signed a $375-million contract with the Philippines for the supply of 24-30 BrahMos cruise missiles. What are Brahmos Missiles? Click Here… Continue reading Philippines to acquire BrahMos cruise missiles for $375 million
Political economy of regulatory reform
News: This article discusses the status of implementation of regulatory reforms announced in the last seven budgets. Contents1 Why financial regulatory reforms are needed?2 How budget announcements have focused on reforming regulatory structure?3 What is the implementation status of the above-mentioned reforms?4 What is the way forward? Why financial regulatory reforms are needed? Financial regulatory… Continue reading Political economy of regulatory reform
Digital Services Act: No online targeting
News: The European Parliament has passed the Digital Services Act (DSA), which aim towards protecting the privacy of users. What is the earlier Data Protection Rule EU had? The EU already had the General Data Protection Regulation (GDPR), which offers granular privacy protection to anybody (not only EU citizens). GDPR classified data about race, ethnicity, political opinions, religious… Continue reading Digital Services Act: No online targeting
India’s Ukraine ‘challenge’
News: The stand-off between Russia and Ukraine, China, and Taiwan has put several questions for India on how to respond to the development. How did the change in USA policy lead to a change in Russia and China policy? Russia and China seem to believe that the USA has diminished its economic and military capacity and… Continue reading India’s Ukraine ‘challenge’
Credibility of govt accounting – On Public Account Committees
News: The Public Accounts Committee (PAC) completed a hundred years of existence, and this article discusses ways to improve the PAC’s oversight. What is the significance of the PAC? One, it plays a crucial role in scrutinizing the use of government funds. The PAC is a parliamentary committee, and customarily the leader of the largest… Continue reading Credibility of govt accounting – On Public Account Committees
Bose’s legacy
News Government has decided to place a statue of Subash Chandra Bose at India Gate. occupying a prominent place in the upcoming administrative complex will serve as a daily reminder of Bose’s core political beliefs to citizens. What were the basic political ideas that Subash Chandra Bose believed in? He was attracted to military discipline. At the 1928… Continue reading Bose’s legacy
Stemming water insecurity
News: Although water is a renewable source of energy, its scarcity is visible in many places owing to the mismanagement of water resources. What is the present status of water availability in India? NITI Aayog, states that nearly 600 million people are facing “high to extreme water stress“. The yearly per capita availability of water has dipped… Continue reading Stemming water insecurity
