What is the News? Bangladesh may become India’s fourth-largest export destination in the Financial year 2021-22. India’s Exports to Bangladesh During April-October 2021, India’s exports to Bangladesh grew 81% over the same period last year. This makes Bangladesh India’s fourth-largest export market behind the US, UAE and China. The major items exported to Bangladesh by… Continue reading Bangladesh may become India’s fourth largest export destination in FY22
Tag: business standard
Protection from data protection authority
News: The Personal data protection bill was introduced in the parliament in 2019 and then referred to a joint parliamentary committee (JPC) which has recently submitted its report. Read the JPC’s recommendation here. Contents1 What is Data protection authority (DPA)? 2 What are the powers given to DPA? 3 What are the apprehensions regarding its powers? 4… Continue reading Protection from data protection authority
Govt likely to dilute draft e-commerce norms as consultation ends
What is the News? The Government of India may soon dilute some of the clauses of the Draft E-Commerce Rules as the Ministry has completed consultation with e-commerce companies, industry associations and other relevant stakeholders. What are the contentious Draft E-Commerce Rules that have been objected by the industry? Contentious E-Commerce Rules Objections to these… Continue reading Govt likely to dilute draft e-commerce norms as consultation ends
Agriculture needs a booster dose
News: The cure for the farm sector’s ills lies primarily in making agriculture remunerative. Why are farmers discontented and uneasy? Income from crop farming has become insufficient for the livelihood of an average farm family: The “Situation Assessment of Agricultural Households” survey, carried out by the National Sample Survey Organisation in 2018-19, clearly indicates that… Continue reading Agriculture needs a booster dose
Goodbye shadow banking
News: Recently RBI passed a string of new norms to strengthen the regulations for NBFC sector Contents1 What is a shadow bank?2 What is the significance of NBFCs?3 Why there is a need to strengthen the regulations for NBFC sector?4 What are the new rules for NBFCs?5 What is scale-based regulation?6 How the PCA framework… Continue reading Goodbye shadow banking
Avoid policy adventurism
News: Goods and services tax (GST), one of the biggest reforms in recent decades, will complete five years in July next year. It was expected that after some initial implementation difficulties, the system would stabilise and boost revenue collection along with output. But that doesn’t seem to be happening. While revenue collection has improved, partly… Continue reading Avoid policy adventurism
Vaccination: Central control of health care
News: India, in its vaccination process, obtained complete control and power over the doctor-patient relationships. This impacted the vaccination process and also the response of the market. The state should have allowed greater decentralization as the vaccination needs of people are different. Contents1 What are the different vaccination needs?2 What were the challenges posed by… Continue reading Vaccination: Central control of health care
The spirit of disinvestment
News: The Comptroller and Auditor General (CAG) of India has raised questions in a recent report on a smaller deal, involving the purchase by Chennai Port Trust. What is the issue? The government is forcing one PSU to buy another to achieve its disinvestment target. For instance, in the recent past, the ONGC took over… Continue reading The spirit of disinvestment
DRDO conducts maiden launch of indigenously developed new generation surface-to-surface missile ‘Pralay’
Contents1 What is the News?2 What is a Pralay Missile?3 What are the key features of the Pralay Missile?4 What is the significance of the Pralay Missile? What is the News? Defence Research and Development Organisation (DRDO) has successfully conducted the maiden flight test of ‘Pralay’ Missile. What is a Pralay Missile? Pralay is a… Continue reading DRDO conducts maiden launch of indigenously developed new generation surface-to-surface missile ‘Pralay’
On PSB privatisation: Avoidable delay
News: Although, the Finance Minister had announced in this year’s Budget that the government will take up the privatisation of two PSBs. Yet, it unlikely to happen this year. The Finance Minister, in a written reply to the Parliament, said that the Cabinet has not taken any decision in this regard. Moreover, the government will… Continue reading On PSB privatisation: Avoidable delay
