News: There are strong arguments for revamping the financial structure of the IMF. The International Monetary Fund (IMF) attempting to modify itself into an aid agency, instead of embracing its traditional role of helping troubled debtor countries. What is the issue with the IMF’s financial structure? Due to the absence of strict conditionality requirements, the vast… Continue reading Why is the IMF trying to be an aid agency?
Tag: gs paper 2
The road to regulatory capture isn’t paved with good intentions
News: Regulatory Capture is affecting Indian Economy. Regulatory capture is common in all industry segments that have a sectoral regulator. It is a situation, when act in favor of companies or special interest groups of the sector, instead of protecting and promoting the public interest. One example from US defines regulatory capture perfectly. An addictive medicine OxyContin was labelled by regulator Food and Drug Administration (FDA) as a non-… Continue reading The road to regulatory capture isn’t paved with good intentions
Forex party is ending: ON US Fed Balance Sheet Tapering
News: US Federal Reserve (Fed) is increasing the speed of balance sheet tapering. As mentioned in the news, US Federal Reserve (Fed) will double the pace of its balance sheet tapering and end its net asset purchases by mid-March 2022. Balance sheet tapering means gradual slowing of the pace of the Fed’s large scale asset purchases, which was aimed at… Continue reading Forex party is ending: ON US Fed Balance Sheet Tapering
India’s rights record, America’s blinkered vision
News: India’s friendly diplomatic relation with the U.S is providing India a certain immunity from international criticism. Instances where the U.S has taken an accommodating view w.r.t India, despite some concerns? Firstly, the issues of purchasing S-400 from Russia. Despite the US voicing out their disinterest in purchasing military equipment, their administration did not think… Continue reading India’s rights record, America’s blinkered vision
A Chinese threat should not muddle Indian policy
News: The proposed buyout of general insurance company RahejaQBE by Paytm Insuretech was rejected by the insurance regulator, the Insurance Regulatory Development Authority of India (IRDAI). In trying to insure India against injury, India shouldn’t push money away that could aid the rise of its economy. Contents1 Why the buyout has been rejected?2 What are… Continue reading A Chinese threat should not muddle Indian policy
For sports heroes-Government must consider innovative funding, including legalizing betting
News: At a recent sports university inauguration, the PM of India said that Indian youth should be motivated to take up sports as a career. Although India has had its best performance of the history at the Tokyo Olympics this year by winning 7 medals including a gold in Javelin, but the fact remains… Continue reading For sports heroes-Government must consider innovative funding, including legalizing betting
Is GDP data a reliable way to measure the health of the economy?
News: There are serious problems with India’s GDP data. Any analysis of recovery or growth forecast based on this data must be discarded. The primary yardstick analysts use to measure the economy’s health is GDP. The RBI and multilateral agencies use GDP statistics to make claims about the future growth path. The NSO released the… Continue reading Is GDP data a reliable way to measure the health of the economy?
CSR and NGOs: Aiding in governance
News: Recently, The Union Ministry of Home Affairs (MHA) refused the application for renewal of FCRA registration of Missionaries of Charity (MoC). Similar such instances impact the synergy between NGOs and Government. But, the research shows that it is the synergy of NGOs, Government and corporates is the way for development. Must read: Foreign Contribution… Continue reading CSR and NGOs: Aiding in governance
The future of trade
News: Regional comprehensive Economic partnership (RCEP) which was signed in 2020 , came into force on New Year’s Day. India was part of the RCEP process but eventually pulled out of joining. RCEP’s arrival is a reminder that the future of the international trading architecture increasingly seems to be coalitions of the willing i.e. plurilateral or… Continue reading The future of trade
State schemes can cast a lifeline to this welfare plan – On Pradhan Mantri Matru Vandana Yojana
News: There is vast scope for improvement in the Pradhan Mantri Matru Vandana Yojana (PMMVY). POSHAN Abhiyan and PMMVY are India’s initiatives to fulfill its commitment towards the Sustainable Development Goal of improving maternal health. However, targets can be achieved only if we revisit the design and implementation of this scheme. Read about PMMVY here:… Continue reading State schemes can cast a lifeline to this welfare plan – On Pradhan Mantri Matru Vandana Yojana
