Tag: business standard

Fixing farm insurance

News: Recently, Maharashtra has indicated that it might exit PMFBY because the farmers are dissatisfied with it. What are the issues existing with PMFBY? First, it is the government’s flagship crop insurance scheme. But there are numerous issues even after modifications. Six states have exited from it, while Punjab, a leading agricultural state, never joined… Continue reading Fixing farm insurance

Ministry of Power notifies Green Hydrogen/ Green Ammonia Policy

What is the news? The Ministry of Power has notified the Country’s first Green Hydrogen/ Green Ammonia Policy. What is Green Hydrogen\Green Ammonia? Green hydrogen is generated by breaking down water in an electrolyzer. The hydrogen produced can be combined with nitrogen to make ammonia, avoiding hydrocarbons in the production process.  Green ammonia is used… Continue reading Ministry of Power notifies Green Hydrogen/ Green Ammonia Policy

Drone mapping: One in six villages covered in India, shows data

What is the news? The government has announced the SVAMITVA Scheme in 2020 to map land data, create maps and digitize land parcels across the country’s 660,000 villages. The government’s target is to complete the process by 2025. However, the progress on the scheme has been very slow. What is the progress of the SWAMITVA… Continue reading Drone mapping: One in six villages covered in India, shows data

Tapping the promise of Philanthropy

News India has had a centuries old tradition of philanthropy , which was dominated by a few business houses in few decades before and post-independence who has the desire to contribute to nation-building. What is the current scenario in Philanthropy sector in India? The scenario has changed now. Economic growth has led to more people… Continue reading Tapping the promise of Philanthropy

LIC disinvestment: Right and wrong

News: The Government of India (GoI) is disinvesting 5 per cent of the shares of the Life Insurance Corporation of India (LIC). However, the GoI will retain control of the company. Why LIC should be privatized rather than disinvested? First, the previous experience shows outcome of disinvestment in public sector banks has not been good… Continue reading LIC disinvestment: Right and wrong

Living up to rocket boys’ dreams

News: The recent series named Rocket Boys on SonyLIV explores the friendship between the two legendary scientists — Homi J. Bhabha and Vikram Sarabhai. One is the father of the Indian nuclear programme and the other is the pioneer of India’s space research. This article discusses how far India has succeeded in fulfilling their aspirations. What… Continue reading Living up to rocket boys’ dreams

Tax laws made complicated by exemptions, need to be simplified: Tarun Bajaj

What is the News? According to the Revenue Secretary, there is a need to simplify direct tax laws as various exemptions announced every year have made them complicated. What are the views of the Revenue Secretary on Taxation Structure? On Corporate Taxation Structure: In 2019, the Finance Minister had announced a cut in corporate tax to… Continue reading Tax laws made complicated by exemptions, need to be simplified: Tarun Bajaj

A change of course on privatisation

News: Recently released India’s Budget 22-23 has signalled that the government will proceed cautiously on privatisation. The article says that the retreat on privatisation is a pragmatic economic policy. Why the Budget has changed the course of privatisation? The Budget has set a modest target for privatisation of Rs 65,000 crore. Also, much of the… Continue reading A change of course on privatisation

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