News: The Goods and Services Tax (GST) has completed its 5th year since its inception on 1 July 2017. Seventeen different laws were merged, and a single taxation system was brought in through the GST. It was first discussed in the report of the Kelkar Task Force on indirect taxes in 2003. Must read: Goods… Continue reading GST: Five years stronger
Tag: gs paper 3
About NITI Aayog’s report on Gig and Platform workers: Platform economy
News: NITI Aayog has recently released a new policy brief titled “India’s Booming Gig and Platform Economy.” What is “India’s Booming Gig and Platform Economy” Report? Must read: India’s Booming Gig and Platform Economy What are the challenges associated with the NITI Aayog report? Issues with compensation and protections in work: This is particularly for… Continue reading About NITI Aayog’s report on Gig and Platform workers: Platform economy
Semiconductors: Heroes Of The New Digital World
News: The government has launched the Semicon India program to secure a semiconductor manufacturing ecosystem in India. It will make India self-reliant on key items such as semiconductors. Contents1 About the government initiative2 Decoding chips:3 What are the processes in the making of Semiconductors Device?4 Foundry Phase (only fabrication)5 Outsourced Semiconductor Assembly and Test (OSAT)… Continue reading Semiconductors: Heroes Of The New Digital World
Phased ban on plastics is welcome. Challenge will lie in enforcement, bringing in viable substitutes
News: The government has introduced rules to ban plastic in India in a phased manner. Now, the ban on the manufacture and use of several common use-and-throw plastic products will come into effect from 01 July 2022. Contents1 New Plastic Ban rules (To be banned in a phased manner)2 Some Success achieved by the state… Continue reading Phased ban on plastics is welcome. Challenge will lie in enforcement, bringing in viable substitutes
A direct approach to conservation
News: It has been found that India has not been able to mobilise private and public finance through Payments for Ecosystem Services (PES). This could have helped India achieve the 2030 agenda for sustainable development and the Paris Agreement on climate change. Contents1 What are the biodiversity finance measures that can enable biodiversity protection and… Continue reading A direct approach to conservation
Goods and Services Tax at five: The new regime’s journey so far
News: The Goods and Services Tax (GST) has completed its 5th year since its inception on 1 July 2017. Recently, The 47th meeting of the GST Council has also taken place. Contents1 What is the reason for introducing GST?2 What is the reason for multiple tax slabs under GST?3 What is the status of GST… Continue reading Goods and Services Tax at five: The new regime’s journey so far
Full privatization of PSBs: Our bank privatization agenda demands clarity
News: According to media reports, investment banks and other likely investors have recently asked the government to fully withdraw the Centre’s share from PSBs for facilitating a better disinvestment process and value discovery. This raised debate on the privatization of state-owned banks once again. Must read: Privatization of PSBs – Explained, Pointwise What are the… Continue reading Full privatization of PSBs: Our bank privatization agenda demands clarity
Agnipath is part of a larger process of defence reform and modernisation
News: Recently, the government has launched the Agniveer recruitment reform in the context of defence reforms. Recently other reforms have also taken place. For example; the Chief of Defence Staff (CDS) has been appointed. In addition, there has been pursuit for reorganisation of the armed forces into theatre commands to promote jointness and synergy. History… Continue reading Agnipath is part of a larger process of defence reform and modernisation
India’s economic constraints and an energy holdback to be eased
News: The Indian economy is under pressure due to high global oil prices. In the current fiscal year, India may witness a balance of payments deficit. However, at present, the problem of deficit can be tackled with large buffer of foreign exchange reserves with the Indian central bank. What are the issues ahead? 1) High… Continue reading India’s economic constraints and an energy holdback to be eased
5G technology will soon be here. India must prepare
News: With over 117 crore telecom users and more than 82 crore internet subscribers, India is one of the fastest-growing markets for digital consumers. Top smartphone manufacturers in India have already released phones with 5G capability. Now it is time for the government to improve digital infrastructure, especially optic fibre manufacturing to facilitate smoother implementation of… Continue reading 5G technology will soon be here. India must prepare
