News: India has recently committed to achieving net-zero emissions by 2070 and public transport is one of the largest emitters. This article discusses the Opex model of Ahmedabad and the challenges that exist while modernizing urban transport. Contents1 How did Ahmedabad modernize its transport system?2 Why opex model is beneficial?3 What is the issue with… Continue reading INDIA’S Quest to Decarbonize Transport
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Creating jobs by increasing Capex
News: Recent budget has put a lot of attention into enhancing capital expenditure. It is due to the huge potential of capex to generate employment. Contents1 What is the employment scenario in India? 2 What is capex and its multiplier effect? 3 What are the provisions in recent budget regarding capital expenditure? 4 What are other positive trends… Continue reading Creating jobs by increasing Capex
Artificial intelligence technologies have a climate cost
News: Recent budget has described AI as a sunrise technology that has the potential to assist sustainable development at scale and modernise the country. While a large amount of focus is on achieving economic prosperity and global competitiveness with AI, there is hardly any acknowledgement of the environmental cost associated with it. What is… Continue reading Artificial intelligence technologies have a climate cost
Show Me the Money – On Fugitive Economic Offenders
News: Recently, Supreme Court suggested halting criminal proceedings against economic fugitives, who are willing to repay the money they owe to lenders and others they defrauded. This article discusses that government should revisit its current stance on fugitive economic offenders. What is the case? The co-accused in the Sterling Biotech fraud case has claimed that… Continue reading Show Me the Money – On Fugitive Economic Offenders
Fiscal constraints – On Capital Expenditure of Government
News: Recently released Union Budget 2022-23 has increased capital expenditure. Why increasing CAPEX is a significant step? The economy is recovering from a pandemic-induced disruption, and the private sector is not investing because of weak demand. Hence, increased capital expenditure will help in increasing growth and crowd in private investment. It will also increase medium-term… Continue reading Fiscal constraints – On Capital Expenditure of Government
The Budget has ignored the poor
News: The 2022-23 Union Budget was presented in the backdrop of acute unemployment, growing poverty, burgeoning wealth and income inequalities, and accelerating inflation which affect the poor disproportionately. However the recent budget falls short of addressing these concerns. Where is the current budget lacking in addressing the problems of the poor? Not enough government… Continue reading The Budget has ignored the poor
A recipe to deepen the distress in rural economy
News: The pandemic induced slowdown has disproportionately affected those at the bottom. Also the economy specially the rural economy had been facing challenges due to demand deficiency even before the pandemic started. Given that monetary policy has limited success in dealing with a crisis of this nature ,fiscal policy is expected to play the dominant… Continue reading A recipe to deepen the distress in rural economy
Great On Growth, Not on Jobs
News: Recently Union Budget 2022-23 has been released. The article discusses the wise choices made in the budget along with challenges still existing to be resolved. What are the excellent strategies seen in the Budget 2022-23? One, the finance minister has avoided populist measure and focused on increasing public investment. Government capital expenditure is expected… Continue reading Great On Growth, Not on Jobs
A takeaway is the good infrastructure push
News: Recently Union Budget 2022-23 has been released which has focused on expanding capital expenditure. The article discusses the projected growth, revenue, expenditure, debt and real growth. What is projected income growth? Budget has projected a nominal GDP growth estimate of 11.1% for 2022-23. The real GDP growth is estimated of 8% with an implicit… Continue reading A takeaway is the good infrastructure push
Budget sets up the digital pitch for India to bat on
News: Finance Minister has recently presented the budget. Although there are many positives in the Indian economic scenario like with 9.3% India is the fastest-growing large economy, it has over $630 billion of foreign reserves equalling 13 months of imports. However there are some challenges too like the problem of unemployment rate. How the… Continue reading Budget sets up the digital pitch for India to bat on
