Tag: business standard

News: India has witnessed substantial divergence between the numbers of Covid-related deaths reported by Indian official sources and numbers cited by the World Health Organization. Therefore, due to such deviations, there is a need to look into the status of India’s health care system. Adequacy in health care in India A number of studies have… Continue reading India’s health disorder

News: Recently, the BRICS Summit was held virtually. It included a high-level dialogue on global development. About the BRICS It was established to promote the global south cooperation mechanism. It was needed for both the strategic and economic purpose. For example, shielding from the domino effect of Western geo-economic compulsions and decisions. Developments so far before… Continue reading Straddling cooperation and challenges at BRICS

News: In recent weeks, the conduct of monetary policy in India has been severely criticized by economists. About the Monetary Policy Committee The primary objective of the Monetary policy Committee is its flexible inflation-targeting mandate. What have been the lacunas in MPC policies? One, there has been an unnecessary delay in changing priorities from supporting… Continue reading The art and science of managing inflation

News: Within a year after the government liberalised the drone policy, the farm sector has become the biggest user of these multi-utility flying robots. The country’s agricultural drone market is projected to grow at a robust annual rate of over 25% in the next five to six years. What is the reason for increasing drone… Continue reading Aerial boon for farming

News: The G7 leaders are going to meet to discuss various global crises such as war in Ukraine, food insecurity, inflation, backlogged global supply chains, the pandemic response, and climate change. About G7 Members — Canada, France, Germany, Italy, Japan, the United Kingdom, the US, and the European Union What are the impact of these issues… Continue reading How G7 could help the debt-distressed?

News: Recently, a few private-sector refiners decided to import larger quantities of crude oil from Russia. This is likely to impact India’s Crude oil diplomacy and diplomatic standing with Western allies and West Asia, currently the country’s top suppliers. Last month, Russia became India’s second-largest oil supplier by overtaking Saudi Arabia. Why there is an… Continue reading Crude oil diplomacy

News: The situation is rapidly approaching a major humanitarian crisis in Sri Lanka with its Prime Minister Ranil Wickremesinghe recently stating that Sri Lanka’s economy has completely collapsed. How bad is the situation? Sri Lanka’s PM has informed parliament that the economy was facing a far more serious situation beyond mere shortages of fuel, gas,… Continue reading Stabilise Sri Lanka

News: State governments indulge in most of the general government spending (including the central government). According to a recent Reserve Bank of India(RBI) study, five states namely, Bihar, Kerala, Punjab, Rajasthan, and West Bengal figure among the most stressed states fiscally. The study has highlighted 10 vulnerable states based on their debt stock in 2020-21. These… Continue reading Fiscal weakness – State finances can impede growth

News: Just after reopening the complete lockdown, Shanghai reimposed a fresh, partial Covid-19 lockdown again. This shows China’s zero-tolerance strategy toward Covid-19. The lockdown provides another opportunity for global value chain (GVC) restructuring and relocation. India should utilise this opportunity and must attract relocating supply chains. What are the phases of GVC restructuring? Global financial… Continue reading GVC restructuring: China’s zero Covid policy & India’s opportunity