What is the news? India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show. The Ministry of Finance has described some proposals under the draft e-commerce rules as “excessive” and “without economic rationale”. It should be noted that there’s not yet a formal implementation… Continue reading India plan for tighter e-commerce rules faces internal govt dissent: Report
Tag: changes in industrial policy
How sustainable is India’s exports boom?
Synopsis: The rise in exports has sparked hopes of a swift post-pandemic recovery, but there are reasons to be cautious. Introduction August was the fifth straight month when India’s goods exports exceeded $30 billion. In the last five years, other than this ongoing run, it crossed $30 billion in just one other month i.e. March 2019… Continue reading How sustainable is India’s exports boom?
Gig economy workers need more protection of their rights
Synopsis: India needs to create more formal jobs and provide protection to gig economy workers through labour reforms. Introduction Three years ago, CEO of Walmart had said that the Flipkart-Walmart combination would generate 10 million jobs in India, which is roughly equal to India’s annual job creation requirement. But, Flipkart didn’t say these jobs would materialize… Continue reading Gig economy workers need more protection of their rights
Utilize a rear-view mirror for further telecom reforms
Synopsis: Article takes a look at the history of telecom disputes in our courts, which shackled the sector’s potential, and lessons that governing institutions must avoid going forward. Contents1 Background2 What are some past telecom disputes that happened in India?3 What were the implications of 2G and AGR cases?4 What is the way forward? Background… Continue reading Utilize a rear-view mirror for further telecom reforms
The end of Ease of Doing Business Rankings: Reasons and implications – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the rationale behind the move?3 What is the significance of the Ease of Doing Business report?4 What were the problems with the EDB index report?5 What are the implications of World Bank’s decision?6 What is the way forward? Introduction On September 16, the World Bank Group scrapped its… Continue reading The end of Ease of Doing Business Rankings: Reasons and implications – Explained, pointwise
Power Finance Corp set to be India’s 11th Maharatna CPSE
What is the News? Power Finance Corp. Ltd(PFC) is set to become the 11th Maharatna Central Public Sector Enterprise (CPSE) with an inter-ministerial committee clearing the status. What is Maharatna Status? Maharatna Status was introduced for Central Public Sector Enterprises(CPSEs) in 2010 in order to empower mega CPSEs to expand their operations and emerge as… Continue reading Power Finance Corp set to be India’s 11th Maharatna CPSE
India scores 46th rank in the Global Innovation Index 2021
Contents1 What is the News?2 What is the Global Innovation Index?3 What are the key findings of the Global Innovation Index 2021?3.1 Key findings related to India3.2 Other Key findings What is the News? The Global Innovation Index (GII) 2021 has been released. What is the Global Innovation Index? The Global Innovation Index is published… Continue reading India scores 46th rank in the Global Innovation Index 2021
Ease of doing business at risk if issue of appointments to tribunals is not resolved
Synopsis: Article discusses the vacancies in the tribunals and how it’s affecting the Insolvency and bankruptcy code’s actual purpose to resolve the debt. Timely appointment will make strict time-bound insolvency resolutions a reality. Contents1 Introduction 2 What are the implications of the vacancies? 3 Why a slower resolution process is bad? 4 What steps can be taken? Introduction … Continue reading Ease of doing business at risk if issue of appointments to tribunals is not resolved
World Bank discontinues Doing Business rankings
What is the News? The World Bank Group has recently decided to discontinue publication of its ‘Doing Business’ rankings. About the Doing Business Report Doing Business report measures regulations across the 190 economies in 12 business regulatory areas to assess the business environment in each economy. Read more: World Bank’s Doing Business Report What led to… Continue reading World Bank discontinues Doing Business rankings
National Monetisation Pipeline shows promise — and limits
Synopsis: Article focuses on two issues – How much should the government expect to raise from the Asset Monetisation plan? And, whether the plan likely to increase the efficiency of the economy? Contents1 Background2 How much should the government expect to raise from the Asset Monetisation plan?3 Will the plan enhance the efficiency of the… Continue reading National Monetisation Pipeline shows promise — and limits
