Contents1 What is the news?2 What is battery swapping?3 How will the Battery Swapping Policy work?4 What are the advantages of Battery Swapping? What is the news? In Budget 2022-23, , the Finance Minister has announced that the government would introduce a battery swapping policy and interoperability standards. What is battery swapping? Battery swapping or… Continue reading Can battery swapping power EVs for the long term in a cost-effective way?
Tag: business standard
Poor drafting – on amendments to the Customs Act
News: Budget 2022-23 has proposed to amend the Customs Act. It will criminalize the publishing of any information relating to the value or classification or quantity of goods entered for export from India, or import into India, or the details of the exporter or importer of such goods. What is the objective of the proposed… Continue reading Poor drafting – on amendments to the Customs Act
Our broken system of clearances
News: Recently, the Union Ministry of Environment, Forest, and Climate Change has said that it will rank the state environmental impact assessment authorities based on the speed at which environmental approvals are given. What is the issue with such ranking? Read Here How the EIA process of assessment has been systematically destroyed over the years?… Continue reading Our broken system of clearances
Confusion in the crypto universe: Budget leaves many unanswered questions
Contents1 What is the News?2 What are the announcements made by the Government related to the crypto ecosystem?3 What are those unanswered questions related to the crypto announcements in the Budget?4 What are the Unanswered Questions regarding digital rupee? What is the News? The Union Budget 2022 has made several announcements related to the cryptocurrency… Continue reading Confusion in the crypto universe: Budget leaves many unanswered questions
A bigger, not better, defence budget
News: Even as the total allocation for defence under the current budget has increased, it has fallen as a percentage of GDP. About the recent budget allocation in the defence sector The government allocated Rs 5.25 trillion to the Ministry of Defence, out of the total government outlay of Rs 39.45 trillion. This accounts for 13.31%… Continue reading A bigger, not better, defence budget
Fiscal constraints – On Capital Expenditure of Government
News: Recently released Union Budget 2022-23 has increased capital expenditure. Why increasing CAPEX is a significant step? The economy is recovering from a pandemic-induced disruption, and the private sector is not investing because of weak demand. Hence, increased capital expenditure will help in increasing growth and crowd in private investment. It will also increase medium-term… Continue reading Fiscal constraints – On Capital Expenditure of Government
Budget’s missed healthcare opportunity
News: Given the Covid pandemic it was expected that health would be the focus of the budget. But government’s focus is more on capital expenditure. Must read: Union Budget 2022-23: Highlights, tax proposals, concerns – Explained, pointwise Contents1 Why government focus on health is important?2 Why less allocation is a challenge for the health sector?3… Continue reading Budget’s missed healthcare opportunity
Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
What is the News? In Budget 2022, the Finance Minister has announced several norms for virtual digital assets. What are the steps announced by the Finance Minister for crypto assets? Digital Rupee: Reserve Bank of India will launch a Digital Rupee – India’s version of a Central Bank Digital Currency (CBDC) by 2022-23. The CBDC will… Continue reading Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets
Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
What is the News? In Budget 2022, the Finance Minister has announced several initiatives for the Health Sector. But the Budget 2022-23 has not allocated much to the health sector as required despite the ongoing pandemic. What are the initiatives announced in the Health Sector in Budget 2022? Health Budget: The health sector saw a muted… Continue reading Health Sector in Budget 2022: Despite Covid pandemic, health no longer the highlight
MGNREGA: Is the govt expecting unemployment levels to change soon?
News: Recently finance minister released Union Budget 2022-23. This article discusses the regressive nature of budget in terms of social welfare. Why the budget 2022-2023 appears regressive in nature with respect to social welfare? One, last year only Rs 73,000 crore was budgeted but the allocation for MGNREGA was increased to Rs 1.11 trillion due… Continue reading MGNREGA: Is the govt expecting unemployment levels to change soon?
