Source: Livemint Relevance: This article highlights the possible long-term economic consequences of COVID-19 for India. Introduction: A recent exercise at the National Council of Applied Economic Research shows a few possible scenarios. It reveals the permanent effects of the pandemic shock that will persist for a very long time. Possible Long-term consequences: Firstly, after the V-shaped… Continue reading Potential Economic Consequences of Pandemic
Tag: Economy
Power users may soon get to choose supplier
Source: Live Mint Relevance: Electricity amendment bill 2021 will improve energy efficiency and consumer protection. Synopsis: Electricity (Amendment) Bill, 2021 is a landmark bill to reform power distribution. The Landmark Electricity (Amendment) Bill, 2021 is expected to be introduced in the monsoon session of the parliament. Provisions of the Landmark Electricity (Amendment) Bill, 2021 Aims… Continue reading Power users may soon get to choose supplier
Subsidy scheme for shipping firms approved
Source: The Hindu and PIB Relevance: The article highlights one of the challenges with Indian shipping industry and the new government scheme to tackle it. Contents1 Synopsis:2 Challenges with the Indian Shipping industry at present:3 About the scheme:4 Key features of the scheme:5 The expected outcome of the scheme: Synopsis: Cabinet has recently approved a scheme… Continue reading Subsidy scheme for shipping firms approved
Cairn Energy dispute and Government disputes with private entities – Explained, pointwise
Contents1 Introduction2 About the Cairn Energy dispute3 Impact of Cairn energy dispute award on India4 Previous such rulings in India5 How disputes with private entities are dealt in India?6 Issues with government litigation against Private entities7 Challenges with the Arbitration and Conciliation Act Introduction Britain’s Cairn Energy Plc has secured an order from a French… Continue reading Cairn Energy dispute and Government disputes with private entities – Explained, pointwise
Let’s not politicise the Central Vista project
Source: The Indian Express Relevance: Central Vista project is an important topic under Infrastructure. Synopsis: People are also questioning the purpose and benefits of the Central Vista Project. But The questions are short-sighted. Contents1 About the Central Vista Redevelopment Project:2 Challenges with the present Parliament Building:3 Need for Central Vista Project:4 Major criticism and its counter:… Continue reading Let’s not politicise the Central Vista project
Share info with Govt, ban on ‘specific’ flash sales: Move to tighten e-commerce norms
Context: Tightening of norms for e-commerce companies News: The Ministry of Consumer Affairs, Food and Public Distribution is planning major changes to the Consumer Protection (E-Commerce) Rules, 2020. A range of amendments has been proposed. Comments sought from relevant stakeholders by July 6. Contents1 Background 2 What are the Consumer Protection (E-commerce) Rules? 3 What are the key changes that have been proposed? 4 What is the applicability of the rules? 5 What are some concerns being expressed? Background … Continue reading Share info with Govt, ban on ‘specific’ flash sales: Move to tighten e-commerce norms
Why are the Governments in India relying on liquor sales so much ?
Is it a good idea to go against WHO advisory to open liquor shops during a lockdown?
Can Perpetual bonds provide some relief against economic effects of COVID 19 pandemic ?
Read to know more about a possible solution to economic crisis due to COVID-19.
[Eco – 105] Indian Budget, Fiscal policy and Taxation in India.
Taxation troubling you? Learn its complicated concepts with forumias.
What is helicopter money and why its use is advocated against corona pandemic?
Do you want to know if helicopter money can be a viable solution and if any country has used it before ?
