Tag: business standard

News– How we can leverage the advantages that are generating due to Strict COVID policy of China and other restrictions going parallel to it.  Where we stand vis-a-vis China?  China’s economy is over five times of India’s. it has a $14-trillion economy, to India’s $2.7-trillion economy. We are too dependent on China for everything from active pharmaceutical ingredients to smartphones. And… Continue reading A window of opportunity

News: Indian economy is sustained after the shocks of demonetization, GST, and now covid. These economic disruptions have a lot of impact on women’s employment status in the workplace. What do the stats say about women participation in the workforce? By 2019, India’s Female Labour Participation Rate (FLPR) had dropped to 20.3%, from the already low… Continue reading Women in the post-pandemic workplace

News: The Union Finance Minister Nirmala Sitharaman will present her 4th consecutive Budget in just about eight weeks from now. It is expected that Ms Sitharaman would achieve a 2.7 percentage point reduction in the deficit from 9.5% in 2020-21 to 6.8% in 2021-22. This steep reduction will provide a lot of flexibility in managing… Continue reading On fiscal deficit: The turn of the Centre

News: Data from various employment surveys indicates that India’s growth model is in trouble. On what basis it is said that India’s growth model is in trouble? Labour participation has dropped: The recent data from the Centre for Monitoring Indian Economy (CMIE), suggests that, the labour participation rate has slipped for consecutive months. As per… Continue reading India’s labour market distress

News: Recently, the Department of Expenditure in the Ministry of Finance, issued a notification on the General Instructions on Procurement and Project Management. These instructions set out a number of desirable actions in government purchases of works contracts and services. Currently, these are applicable to only Central government entities and Central public sector units. The… Continue reading A new era in public procurement

News: Blockchain technology will be the next big tech revolution. Contents1 What is blockchain technology?2 How the blockchain technology works?3 Why the blockchain technology is so promising?4 Why blockchain and its related technologies are looked at with deep suspicion? What is blockchain technology? A blockchain is a digital ledger that allows parties to transact without… Continue reading On Blockchain: The next big tech revolution

News: Reuters recently reported that Visa Inc. had complained to the US government about India’s “informal and formal” promotion of domestic payments rival RuPay. In this context, state’s direct intervention in digital tech initiatives has been criticised by some as socialisation of fintech. What complaints have been raised by Visa Inc and Master card? Mastercard… Continue reading Neo-socialism: State’s expanding tech biz

News: NITI Aayog released the first state-wise National Multidimensional Poverty Index (MPI), inline with the global index released by the United Nations each year. The report has found that a quarter of the population in the country was multi-dimensionally poor or deprived on at least a few of the 12 counts. How access to various… Continue reading The learning curve: Why college education for women matters