Synopsis: Despite the UDAY scheme, the condition of DISCOMS is critical. This demands a closer analysis. Introduction The DISCOMS provide power to households by connecting power producers to households. Though this seems a good economic proposition, the condition of DISCOMS in India is fragile. What are the causes for the fragile economic health of Discoms?… Continue reading Nursing the ailing power discoms back to health
Tag: changes in industrial policy
Boost tourism through disruption
Synopsis: Tourism infrastructure has huge untapped potential in India especially with respect to jobs. The government has to take steps to unleash the full potential. Introduction As per the Travel and Tourism Competitiveness Report of 2019, India improved from 65th position in 2013 to 34th position in 2019. However, the Indian tourism and hospitality sector was… Continue reading Boost tourism through disruption
New laws for our pharma sector must focus on reforms
Source: This post is based on the article “New laws for our pharma sector must focus on reforms” published in Livemint on 13th October 2021. Syllabus: GS3 – Government Policies and Interventions for Development in various sectors Relevance: Reforms needed in pharma-sector Synopsis: With govt agreeing to take a look at the pharma sector laws,… Continue reading New laws for our pharma sector must focus on reforms
Semiconductors: Why India should not make chips – Instead, the focus should be on other parts of the global value chain
Synopsis: There is a burgeoning Electronics market, and also there is a consequent fight over the major powers to control the semiconductor industry. India can use this opportunity to improve to achieve digital India targets. Introduction The global supply crisis in semiconductors has led many to suggest India should create chip fabrication facilities (fabs). The… Continue reading Semiconductors: Why India should not make chips – Instead, the focus should be on other parts of the global value chain
Privatisation is far more difficult than consolidation
Synopsis: The government is looking to privatise the PSBs for strengthening the banking sector. But the Privatisation of PSBs is a complex one. Introduction Recently, the Finance Minister mentioned that India needs more banks to match the scale of the nation’s largest lender, the State Bank of India. This is because India (Asia’s third-largest economy) is… Continue reading Privatisation is far more difficult than consolidation
Taxing big tech where it earn profits
Synopsis: India signed a deal to enforce GMCT in India, but it has to alter its taxation system to bring respective reforms. Introduction India with another 135 countries agreed to enforce a pact to impose a minimum corporate tax rate of 15%, and an equitable system of taxing profits of big companies in markets where they… Continue reading Taxing big tech where it earn profits
Privatisation of Air India – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Government has approved Tata Group’s Rs 18,000-crore bid for the state-owned carrier, Air India. The deal, which is expected to be completed by December-end, also includes sale of Air India Express and ground handling arm AISATS. Air India had a total debt of ₹61,562 crore as on August 31. Of this, Tata… Continue reading Privatisation of Air India – Explained, pointwise
Need Smart Govts For Checking Big Tech
Synopsis: This article is based on ideas from a book on how governments can check the power of big techs. Introduction The book System Error: Where Big Tech Went Wrong and How We Can Reboot, has been written by Stanford University professors Rob Reich, Mehran Sahami, and Jeremy M Weinstein. This book talks about the… Continue reading Need Smart Govts For Checking Big Tech
41 Industrial Parks identified as “Leaders” in the Industrial Park Ratings System Report
What is the news? The 2nd edition of the Industrial Park Rating System (IPRS) Report was launched by the Department for Promotion of Industry and Internal Trade (DPIIT). All the States of India and 51 SEZs, including 29 Private, have participated in the IPRS 2.0 Report. What are the key findings of the IPRS 2.0… Continue reading 41 Industrial Parks identified as “Leaders” in the Industrial Park Ratings System Report
Ordnance factories’ moment in history
Synopsis: Corporatization of OFB is the first step towards reforming it. India need to do much more. Introduction Ordnance Factory Board (OFB) which started during the British era has ceased to exist starting today. Read here: OFB Corporatisation” Approved by Cabinet How was the OFB corporatized? The corporatization of OFB has been recommended by the various… Continue reading Ordnance factories’ moment in history
