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’
Tag: business standard
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
Climate change for practical people
News: Due to lack of availability of data there is a reasonable chance that impact of climate change is not measured accurately and to confront the climate problem we need to think more strategically. What is current scenario of climate change? Climate scientists warn that an increase in the global average temperature of more than… Continue reading Climate change for practical people
Negotiating pitfalls: Are there basic lacunae in India’s practices?
News: India’s tactics of negotiations has not worked the way China’s tactics have worked. Hence, India needs to prepare ground by negotiating better deals. What is China’s tactic in negotiations? First, it accepts some principle but do nothing in practice or make a commitment with no intention of honoring. Second, it tries to provoke a… Continue reading Negotiating pitfalls: Are there basic lacunae in India’s practices?
New tax regime disincentivizes charity donations, says study
Contents1 What is the news? 2 What was this optional tax regime? 3 What are the issues highlighted by the study? 4 What needs to be done? What is the news? Budget of 2020 option introduced an optional tax regime for personal income tax. What was this optional tax regime? Under this a taxpayer can choose between two structures.… Continue reading New tax regime disincentivizes charity donations, says study
Increase the green cover
News Although the recently released India State of Forests report, 2021 has shown an expansion in the forest cover but there are some apprehensions regarding these estimates. Why there are apprehensions regarding findings of the report? Majority of this increase in vegetation has occurred in the “open forests” category where a tree canopy of just above 10… Continue reading Increase the green cover
Unique IDs: From PAN to Aadhaar, the universe of unique IDs is expanding in India
What is the News? Central Government and State Governments have been launching various Unique IDs to bring transparency and curb leakages in the system. What are the Unique IDs launched by the Central Government? Aadhaar: It is a 12-digit random number issued by the UIDAI (“Authority”) to the residents of India after satisfying the verification… Continue reading Unique IDs: From PAN to Aadhaar, the universe of unique IDs is expanding in India
BS Number Wise: India’s labour, capital paradox
News: Many sectors in India are showing improvements in labor productivity. On the other hand, employing a lesser number of laborers with no improvement in capital investment. This article shows how India is reinforcing Lewis’s argument about labor productivity. What was Arthur Lewis model of development? In 1954, Arthur Lewis presented a model to explain… Continue reading BS Number Wise: India’s labour, capital paradox
