News: In the recent budget, the Finance Minister announced that the Government proposes to conduct the “required spectrum auctions” in 2022 to facilitate the roll-out of 5G mobile phone services in fiscal 2022-23. The government has been keen on implementing this technology due to its ability to serve as an enabler of economic growth and… Continue reading 5g technology: Fixing frequencies first
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Budget disappoints on healthcare
News: Recently unveiled budget proposes many initiatives for health sector like digitally managed health ecosystem and provisions for mental health. But, many expectations for the health sector remain unfulfilled. What are the limitation in current budget’s approach towards health sector? Budget’s emphasis on Digital technology could be a game-changer, but only if the facility, doctors, patients,… Continue reading Budget disappoints on healthcare
A budget that overlooks real needs
News: The recently presented budget has digital technology at its core. It focusses on providing important services like education, health, employment to even the remotest corners of the country with the help of digital initiative. However, there are apprehensions that this may not be appropriate to solve the pressing issue of rural India What are… Continue reading A budget that overlooks real needs
In 60 years, climate change took seven years of agri-productivity growth
News: Recently, Ariel Ortiz-Bobea who is an economist discussed his research findings about climate change and its impact on agricultural productivity with Times Evoke. This article discusses the rich plant diversity in India, its significance and impact of climate change on Agri-productivity. What is the significance of plants in India? One, India has rich plant… Continue reading In 60 years, climate change took seven years of agri-productivity growth
Fiscal management during a pandemic
News: India’s actual growth performance for the fiscal years 2020-21 and 2021-22 was above the projections made by the Finance commission. Even for the fiscal year 2022-23, the economy is projected to grow at 11% (at current prices) compared to 9.5% projected by the Commission. Contents1 What is the effect of this improved growth performance? 2… Continue reading Fiscal management during a pandemic
Financial inclusion is integral to holistic development
News: India is working on the path to achieving the motto of “Sabka Saath, Sabka Vikas, Sabka Vishwas“, a vision enshrined by the Prime Minister of India. Recently budget also shows that the government is focused on boosting financial inclusion. Read here: Financial Inclusion and challenges associated with it What steps does government initiate to achieve… Continue reading Financial inclusion is integral to holistic development
Frequent marine heatwaves in Indian Ocean disrupt India’s monsoon pattern
News: A phenomenon called Marine heat waves (MHW) have increased significantly in the past few decades in the Indian Ocean region. This is also impacting the Indian monsoon. Contents1 What are marine heatwaves and why they occur? 2 What is the impact on the oceans? 3 How are they impacting the Indian monsoon? 4 What is the way… Continue reading Frequent marine heatwaves in Indian Ocean disrupt India’s monsoon pattern
A less taxing state
News: India has had a very high rate of tax litigation. Therefore, Government has recently announced that the overarching aim of direct tax policy reform is to move towards a simpler regime, without exemptions and low rates. What has been the status of tax litigation in the country? In 2014-15, about Rs 2.1 lakh… Continue reading A less taxing state
A bigger, not better, defence budget
News: Even as the total allocation for defence under the current budget has increased, it has fallen as a percentage of GDP. About the recent budget allocation in the defence sector The government allocated Rs 5.25 trillion to the Ministry of Defence, out of the total government outlay of Rs 39.45 trillion. This accounts for 13.31%… Continue reading A bigger, not better, defence budget
Regarding the budget: 4 Choices, No Free Lunch
News: The government has followed a capital expenditure strategy in the recent budget, but there are certain questions associated with the government’s strategy. Contents1 What is the dilemma the government is facing?2 How did the budget support growth while consolidating the deficit?3 The debate of income support versus capital expenditure tradeoff4 How does the budget… Continue reading Regarding the budget: 4 Choices, No Free Lunch
