Source: Live Mint Relevance: Insolvency bankruptcy code and corporate failure Synopsis: The failure of Insolvency bankruptcy code to achieve its intended objectives is dubbed as ‘isomorphic mimicry’ by developmental scholars. What is ‘isomorphic mimicry’? It is the tendency of governments to mimic (copy) other governments’ successes, replicating processes, systems, and even products of the “best… Continue reading India remains a very difficult country for dying companies
Tag: changes in industrial policy
India needs an ecosystem that’s conducive to MSME expansion
Source: Live Mint Relevance: Issues related to the growth of MSMEs in India Synopsis: We must adapt our policy settings to favor new opportunities for small businesses if we want them to play a big role in job creation. Contents1 Context2 Significance of small businesses in India3 What needs to be done?4 Way forward Context… Continue reading India needs an ecosystem that’s conducive to MSME expansion
What it’ll take to achieve goods exports of $400 billion?
Source: Livemint Relevance: Doubling India’s exports Synopsis: The blueprint for doubling India’s exports has already been crafted 10 years ago. It needs to be adapted to the modern times by incorporating suitable changes. A brief look at some factors that merit attention. Context India has set a target of merchandise exports of $450 billion in… Continue reading What it’ll take to achieve goods exports of $400 billion?
An unworthy Chinese example that India ought not to emulate
Source: Live Mint Relevance: Economic policies of India Synopsis: India shouldn’t become too much restrictive to business by trying to copy recent policy actions of Chinese government. Contents1 Background2 China’s recent crackdown on large businesses3 What are the reasons for such actions?4 Why India shouldn’t copy China’s present actions?5 Way forward Background China’s crackdown on businesses… Continue reading An unworthy Chinese example that India ought not to emulate
Finance Minister launches the National Monetisation Pipeline
Source: The Hindu, Indian Express, Livemint and PIB What is the News? The Union Minister for Finance has launched the National Monetisation Pipeline. About National Monetisation Pipeline: Prepared by: It was prepared by NITI Aayog in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22. Note: Asset monetisation… Continue reading Finance Minister launches the National Monetisation Pipeline
Our flawed e-com policy sends out awful signals
Source: Livemint Relevance: Regulatory regime in India and issues related to it. Synopsis: India’s regulatory framework for e-commerce needs to be market-friendly because its failure to pass this test will go against long-term economic interests. Introduction: As a developing economy, India’s regulatory ambitions fall short of what defines ‘regulation’. For Further read – Draft e-commerce… Continue reading Our flawed e-com policy sends out awful signals
Govt announces incentive for mills exporting sugar, diverting it to ethanol
Source: PIB Introduction The Government of India is taking proactive measures to boost the export of surplus sugar & diversion of sugar to ethanol. The move is to ensure timely payment of cane dues of sugarcane farmers and to boost the agricultural economy. Measures taken by Government for Sugar Industry: India is the world’s second-largest… Continue reading Govt announces incentive for mills exporting sugar, diverting it to ethanol
How can the new rebate scheme help exporters? (On RoDTEP scheme)
Source: Livemint Contents1 What is the news?2 Background3 How does the new scheme work?4 Opinion of the exporters What is the news? Recently, the Commerce Ministry released details of new scheme RoDTEP scheme to help exporters to stay competitive and increase exports at a time when there is an increase in demand from developed economies.… Continue reading How can the new rebate scheme help exporters? (On RoDTEP scheme)
HAS IBC DELIVERED ON ITS LOFTY PROMISE?
Source: Live Mint Relevance: IBC process is one of the most important aspects of industrial growth. Synopsis: IBC Process has been a mixed bag of achievements and challenges. This article highlights issues and achievements of, and ways to improve the IBC process. Recently, the chairperson of the standing committee on finance, Jayant Sinha informed parliament… Continue reading HAS IBC DELIVERED ON ITS LOFTY PROMISE?
A delayed intervention (On need to exports)
Source: The Hindu What is the news? After delaying by 8 months, the Government has notified the rules and rates under Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. Based on these, exporters can claim rebates on the taxes paid on their exported items. Must read: RoDTEP scheme Current scenario India is looking… Continue reading A delayed intervention (On need to exports)
