Introduction With a reduction in COVID-19 infections as the second wave weakens in India, it is important to focus on the pandemic’s disruptive impact on the food security and livelihoods of the poor and marginalized. There was a ‘dramatic worsening’ of world hunger in 2020, much of it likely related to the fallout of COVID-19.… Continue reading Food security in India and its challenges- Explained, pointwise
Tag: Economy
India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
Source: The Business Standard Relevance: There are certain problems associated with the renewable energy sector which is hurting India’s renewable energy targets. Synopsis: India is now chasing its target of 450 GW of renewable power by 2030. However, several issues, including delays in the signing of power sales agreement (PSAs) stand in the way of realising… Continue reading India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
How effective is the Ease of doing business index? – Explained, pointwise
Introduction India improved its global rank in the World Bank’s Ease of Doing Business Index (EoDB) 79 positions from 142nd in 2014 to 63rd in 2020. But despite this, India’s gross domestic product growth (GDP) rate fell more than 4 percent points between 2016 and 2019. Similarly, private investment as a share of GDP also… Continue reading How effective is the Ease of doing business index? – Explained, pointwise
Hope fades for PSBs
Source: Business Standard Relevance: Resolving problems faced by PSBs Synopsis: Govt cannot keep infusing capital constantly. Hence privatization of PSB’s will be the ideal route. Background: Public sector banks (PSBs) are reported to have written off about Rs 8 trillion worth of loans over the last seven years. It is more than twice the Rs… Continue reading Hope fades for PSBs
For Cairns dispute, international arbitration is not the way forward
Source: Indian Express Relevance: Various dimensions of the Cairn issue Synopsis: The recent move by Cairn to seize India’s sovereign assets has many grey areas of law that need due consideration. Background: Britain’s Cairn Energy Plc has secured an order from a French court authorizing the freezing of 20 Indian government properties in Paris valued at… Continue reading For Cairns dispute, international arbitration is not the way forward
India improves score in ease of cross-border trade
Source – Live Mint Synopsis – India has improved its ease of cross border trade ranking, the overall score is higher than many OECD nations and the average of the EU. Introduction India has made significant progress in the ease of cross-border trade as per the latest UN Global Survey on Digital and Sustainable Trade… Continue reading India improves score in ease of cross-border trade
Calculating the benefits of lockdowns
Source: The Hindu Relevance – Lockdowns due to Covid pandemic incurred a huge cost on the economy. This article highlights the same. Synopsis: The article questions the practicability or even desirability of protecting lives with the aid of lockdowns. Background Data show that as of now 26.2% of the world population has received at least… Continue reading Calculating the benefits of lockdowns
Bank Nationalisation: 52 years and ticking
Source: Business Standard Relevance – The government has cleared its intention to privatize the public banks. This article highlights some aspects of bank nationalization. Synopsis: Nationalization has served its purpose. It’s time to move forward with the retention of majority ownership of the government in a few banks to serve people. History of Bank Nationalization… Continue reading Bank Nationalisation: 52 years and ticking
India’s new Industrial policy is a replay of socialist era follies
Source: Live Mint Relevance – An analysis of govt’s Industrial policies. Synopsis: It took decades for India to shift from its inward-looking and uncompetitive manufacturers. Now the government is again giving importance to inward-looking and uncompetitive companies to produce for the domestic market. Background: One of this government’s first promises was to revive the manufacturing… Continue reading India’s new Industrial policy is a replay of socialist era follies
Can state immunity be invoked in Cairn Energy case?
Source: Indian Express Relevance: This article highlights options before India in the Cairn energy case. Synopsis: State immunity can be invoked to resist the seizure of sovereign assets, but not commercial properties. Besides, fighting the case will consume an enormous amount of resources and attract bad press. Background A French court recently authorized Cairn Energy… Continue reading Can state immunity be invoked in Cairn Energy case?
