Tag: business standard

Strengthening IBC

News: The need for quicker resolution of insolvencies cannot be overemphasised. It makes capital more efficient, improve credit culture, and help boost growth. In this light, it is encouraging to see that the government is consistently working to strengthen the IBC by addressing the emerging gaps. Recently, it proposed another set of changes that would… Continue reading Strengthening IBC

Edtech’s teachable moment

News: Government has issued an advisory to citizens that caution should be exercised while using the services of companies that offer online and remote learning courses.  These companies have been accused of delaying refunds, suppressing information about auto-debit facilities and luring subscribers to sign up for tuitions without explaining the financial implications.  What is the… Continue reading Edtech’s teachable moment

Bangladesh may become India’s fourth largest export destination in FY22

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

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

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

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