News: There is a challenge in front of all of us to feed the 10 billion population by mid-century. Hence, food production needs to be both economically viable and ecologically sustainable. How Production-Linked Incentive Scheme (PLI) scheme is helping in the growth of the food processing sector? One, India is one of the largest producers… Continue reading Unlock India’s food processing potential
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A brief history of Indian budgets as economic constraints shifted
News: India will complete 75 years as an independent nation in August 2022 and the Finance minister will present the annual budget against the backdrop of this anniversary. This article analyses the budgets of the following years 1948, 1972, 1997, and explains the various reforms undertaken to overcome the constraints/challenges faced during those budgeted years.… Continue reading A brief history of Indian budgets as economic constraints shifted
Lesson from Air India sale: Do more by doing less
News: Air India’s sale is important for three reasons priorities, resources, mindset. It is a template for the Indian state to do more by doing less. Read here: Will privatization take off after the Air India sale? What are the reasons that make the Air India sale important? Priorities: Public commercial enterprises do not perform well in… Continue reading Lesson from Air India sale: Do more by doing less
The consequences of an ill-considered green strategy
News Europe’s push for renewable energy at the cost of conventional fuel may lead to some second and third order effects, which will have global ramifications. What is the issue? As it cannot depend entirely on energy generated through Sun or wind, Europe has been relying more on natural gas to make up the electricity shortfall. Europe’s sudden increased… Continue reading The consequences of an ill-considered green strategy
“Taxing Drama-on Retroactive tax disputes”
News Cairn energy, a British firm will be getting around 7,900 crore rupees from Indian government. It has won an arbitration proceeding against India regarding the retroactive tax dispute. What was this dispute? Government of India had introduced a retroactive tax in the year 2012. Accordingly, it pursued proceeding against Vodafone and Cairn energy asking them for paying these taxes retroactively. … Continue reading “Taxing Drama-on Retroactive tax disputes”
Covid-19 pandemic has widened economic inequities. Government interventions must be mindful of this challenge
News Since the onset of the pandemic, there has been growing concern that income and wealth disparities have widened in the country during this period. What are the factors that support this view? Pandemic has led to rise in unemployment rate, increase in casualisation of the workforce, rising dependence on MGNREGA and financial distress among MSMEs, along with rising profits of large firms and a soaring stock market. This all point out… Continue reading Covid-19 pandemic has widened economic inequities. Government interventions must be mindful of this challenge
Price we pay for privatisation delays”
Contents1 News 2 What has been government’s progress on its disinvestment target? 3 How is the delay in disinvestment hurting the PSU sector? 4 What is the way forward? News Government has been missing its disinvestment targets by huge margin and this delay has been hurting its revenues and PSUs both. What has been government’s progress on its… Continue reading Price we pay for privatisation delays”
There’s No Blame in Shifting The Flame
News: Some sections of the society are against the merging of the Amar Jawan Jyoti flame with the torch at the National War Memorial. The Amar Jawan Jyoti: it was a tribute to the 3,483 martyrs of the 1971 Bangladesh War. India Gate: it was built as a tribute to the fallen soldiers who fought… Continue reading There’s No Blame in Shifting The Flame
Why the Personal Data Protection Bill is bad news for business
News: Personal Data Protection Bill seeks to regulate the use of data and to foster a privacy protection framework in the country. However, it fails to strike the balance between privacy rights and ease of doing business. Read here: Union Cabinet approves introduction of Personal Data Protection Bill in Parliament What are the areas of concern… Continue reading Why the Personal Data Protection Bill is bad news for business
Stemming water insecurity
News: Although water is a renewable source of energy, its scarcity is visible in many places owing to the mismanagement of water resources. What is the present status of water availability in India? NITI Aayog, states that nearly 600 million people are facing “high to extreme water stress“. The yearly per capita availability of water has dipped… Continue reading Stemming water insecurity
