Tag: business standard

News: The recent controversy at National Stock Exchange (NSE) raises many questions of misgovernance. Read here: A red pen moment for corporate governance Who is at fault regulators or the design? The flaw is in the design, and not always the regulators themselves. They can resist their ministry only up to a point. The problem exists as… Continue reading Shouldn’t regulators have constitutional status?

News: The conflict between Russia and the Western powers over Ukraine will have adverse impacts on India’s energy security. The crisis is a wake-up call for India to address its energy policies in totality, by energy price reforms, prioritizing resources to sectors, such as energy storage, and stopping vote banks from hijacking fuel pricing. Why… Continue reading Russia-Ukraine crisis underscores lack of integrated energy policy in India

News: The Government of India has released a  policy document called “Draft India Data Accessibility & Use Policy 2022”. About the Draft India Data Accessibility & Use Policy, 2022 Read here: Draft India Data Accessibility & Use Policy, 2022: India’s draft data policy unlocks govt data for all, mulls monetization What are the challenges associated with the policy?… Continue reading Real cost of data

News: The government of Rajasthan has decided to introduce an urban job guarantee scheme similar to MGNREGA, which will offer 100 days of demand-based employment. What are the concerns associated with the scheme? State economy: First concern is whether 800cr  allocation will be enough for the open-ended program? Rajasthan’s government debt is already at 1/3rd of state GDP, as reported… Continue reading Facing the job problem

News: India recently sold BrahMos supersonic cruise missiles to the Philippines. Read here: the Philippines to acquire BrahMos cruise missiles for $375 million Why the Philippines is upgrading its defence capabilities? Both China and the Philippines claim islands in the South China Sea (SCS). China has militarized Woody Island and arbitrarily claimed the Nine-Dash Line (NDL).… Continue reading A policy to replicate BrahMos’ success

News: Russia’s invasion of Ukraine and possible sanctions by US will impact India adversely. What are the probable adverse impacts on India? Inflationary impact: the significant upward pressures on oil prices, exacerbated by the Organisation of the Petroleum Exporting Countries’ recent unwillingness to raise output. It will accentuate inflationary impulses and increase risks for the… Continue reading Flashpoint Ukraine

News: The finance ministry has excused itself from providing a projection of its fiscal consolidation plan. What is the issue? In the recent budget, the Union finance ministry committed to reducing the government’s fiscal deficit from 6.9 percent of gross domestic product or GDP in 2021-22 to 6.4 percent in 2022-23. Further, the deficit is… Continue reading Amending the FRBM Act

News: Government has brought out a new disclosure framework for companies that requires a detailed level of reporting from FY21 within a prescribed format of its Corporate social responsibilities (CSR) activities.  Companies need to submit these details to the Registrar of Companies.   What does the government directive say?  The disclosure requires some granular details.… Continue reading New CSR disclosure framework for companies: Onerous disclosures 

News: Recently, a new green hydrogen and green ammonia policy has been introduced that envisages building a prominent role for clean fuels in the country’s fossil fuel-dominated energy mix.    Contents1 What does the policy offer? 2 What are some issues with the policy? 3 Why is Hydrogen important for India?  4 What is the way forward? What… Continue reading Making Green Hydrogen work