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
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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
The art and science of managing inflation
News: In recent weeks, the conduct of monetary policy in India has been severely criticized by economists. Contents1 About the Monetary Policy Committee2 What have been the lacunas in MPC policies?3 What are the underlying challenges in the conduct of monetary policy?4 What should be the priority areas of the monetary policy? About the Monetary… Continue reading The art and science of managing inflation
Sushil Kumar Modi writes: The online marketplace is skewed in favour of big players and hurts small businesses and consumers
News: The proliferation of a wide range of e-commerce platforms has created convenience and increased consumer choice. But, the online aggregator platforms have damaged large segments of small and medium businesses and favour the domination of a few big platforms. Across the world, small businesses are suffering from the unethical practices and unequal bargaining power… Continue reading Sushil Kumar Modi writes: The online marketplace is skewed in favour of big players and hurts small businesses and consumers
Go beyond supply curbs to squeeze plastic waste
News: India’s Central Pollution Control Board (CPCB) is set to prohibit the manufacture, import, stocking, distribution and sale of single-use items w.e.f. 1 July, 2022. What are the problems with plastic? The plastic waste disposal has led to large-scale invasion in the natural environment. The entire ecosystems are at threat of being choked by the… Continue reading Go beyond supply curbs to squeeze plastic waste
Market reality is catching up to the tech startup ecosystem
News: In recent years, India has been witnessing the growth of the start-up ecosystem which has been in overdrive for the past few years. What are the factors that have led to growth in the start-ups in India? On the supply side, the start-ups were able to find cheap money, and they also benefitted from… Continue reading Market reality is catching up to the tech startup ecosystem
Bringing MSMEs into global value chains
News: Recently, World MSME Day was celebrated on June 27 for giving attention to the MSMEs. Just like any other large businesses in India, they have also contributed to growth and achievements. About the micro-small and medium enterprises (MSME) MSMEs are privately owned enterprises with less than Rs. 50crore in investments in plant and machinery… Continue reading Bringing MSMEs into global value chains
