News: Joint Committee of Parliament (JCP) has tabled its report on the Data Protection Bill in both houses. Also Read: The draft personal data protection bill, 2018 Background Read here: Why need of data protection bill arise? What are the recommendations by JCP on Data Protection Bill? Read here: Data Protection Bill: Explained: JCP prescription for data Bill… Continue reading Data Protection Bill: National security, at the cost of citizens’ privacy
Tag: business standard
Interpretation of ARC maladies
News: Search and seizure operations at 60 premises of four ARCs have exposed the “unholy nexus” between the borrowers and the ARCs. The four are accused of “unfair and fraudulent trade practices in acquiring” the stressed loans. – The bad loans acquired by them were “far less” than the real value of the securities covering… Continue reading Interpretation of ARC maladies
Age and marriage: On raising the age of marriage for women
News: Recently, the Union Cabinet has passed a proposal raising the legal age of marriage for women from 18 to 21 years — the same as men. The government has taken this decision based on the recommendations of the Committee headed by Jaya Jaitly. Must read: Raising the legal age of marriage for women –… Continue reading Age and marriage: On raising the age of marriage for women
Bangladesh – Model or Miracle?
News: Bangladesh got Independence in 1971. The then war-torn country referred to by many as basket-case, is now a developmental model for growth and human development. A basket-case is a country or organization that is in severe financial or economic difficulties, one that is unable to pay its debts. In which areas, Bangladesh is doing… Continue reading Bangladesh – Model or Miracle?
Soft power: Who does it help?
News: Nations export culture, ideology, and people to create soft power. They export because they have a competitive edge, superior education system, rich culture, superior political system, and military might. Read more: Hard knocks for soft power What are the benefits of Soft power? 1. Competitive edge for the “exporter” nation: Since people retain cultural… Continue reading Soft power: Who does it help?
Protecting gig workers
News: The Supreme Court recently made a significant intervention by admitting a public interest litigation from the Indian Federation of App-based Transport Workers. PIL seeks to classify gig workers as wageworkers entitled to social security and other employment benefits Meanwhile, the Code on Social Security, which covered unorganised workers, gig workers and platform workers for… Continue reading Protecting gig workers
Cabinet approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India
What is the news? The Union Cabinet has approved a scheme to boost semiconductor and display manufacturing in the country. About Scheme for Development of Semiconductors and Display Manufacturing Ecosystem Aim: To provide attractive incentive support to companies that are engaged in Silicon Semiconductor Fabs (Fabrication plants), Display Fabs, Compound Semiconductors / Silicon Photonics /… Continue reading Cabinet approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India
On Algorithmic trading/Algos: Regulate, don’t stifle
News: In a consultation paper last week, the Securities and Exchange Board of India (SEBI) proposed regulating retail or third-party algorithmic trading (algos). What is algorithmic trading/Algos? Algos are programmes that automatically monitor price-volume action and make trades without human intervention, buying and selling when pre-set instructions are triggered by price moves. By the National… Continue reading On Algorithmic trading/Algos: Regulate, don’t stifle
India loses WTO dispute over sugar subsidies; set to file an appeal
What is the news? India has lost the dispute over subsidies of sugar exports at the World Trade Organization (WTO). The dispute settlement panel has ruled against India on a complaint filed by Brazil, Australia, and Guatemala. What is the issue? In 2019, Brazil, Australia and Guatemala had filed parallel complaints at the WTO alleging… Continue reading India loses WTO dispute over sugar subsidies; set to file an appeal
On USO Fund: Speed up broadband roll-out
News: It has been almost two decades since the Union government’s telecom policy set aside 5% of its receipts from the sector towards the Universal Service Obligation (USO) fund. The USO fund now totals in excess of Rs 1 trillion. The management of this fund is often in question. Also, in light of the size… Continue reading On USO Fund: Speed up broadband roll-out
