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
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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
Aerial boon for farming
News: Within a year after the government liberalised the drone policy, the farm sector has become the biggest user of these multi-utility flying robots. The country’s agricultural drone market is projected to grow at a robust annual rate of over 25% in the next five to six years. What is the reason for increasing drone… Continue reading Aerial boon for farming
India has emerged as a major buyer of Russian crude. But some caution is in order
News: India is the third-largest importer and consumer of oil in the world. Recently, a few private-sector refiners decided to import larger quantities of crude oil from Russia. Historically India imported oil and crude from Iran, Iraq and Russia. Last month, Russia became India’s second-largest oil supplier by overtaking Saudi Arabia. Contents1 About crude oil… Continue reading India has emerged as a major buyer of Russian crude. But some caution is in order
M Venkaiah Naidu writes: Without soil conservation, there is no food security
News: Recently, Sadhguru, a spiritual leader, had launched an initiative known as “save soil campaign”. In addition, he also completed 100 days of solo biking across many countries to promote concerted action on saving soil. What are the factors that have led to food security? The agricultural modernisation has led to improvement in the crop… Continue reading M Venkaiah Naidu writes: Without soil conservation, there is no food security
What India needs to do to reduce its fertiliser bill
News: In 2021- 22, India’s import of fertilisers touched an all-time high of $12.77 billion in fiscal terms. What are the factors that make India fit for agricultural activities? India has no dearth of land, water and sunshine to sustain vibrant agriculture. India is abundant in all these resources. For example: (1) India’s land under… Continue reading What India needs to do to reduce its fertiliser bill
Open network for digital commerce
News: The government of India announced the launch of the pilot phase of open network for digital commerce (ONDC) in five cities in late April. The aim was to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. Contents1 What is ONDC?2 What… Continue reading Open network for digital commerce
