News: This article discusses that privatization and the short-term gain associated with it should not overshadow the long-term interest. Hence, there is need to take a relook at privatization. Why privatization is being considered as panacea? India’s fiscal deficit (for the Centre) in FY22 is expected to be at 6.8% of the GDP and with… Continue reading It’s time to take a relook at privatisation
Tag: gs paper 3
Budget 2022: Some musings
News: Recently, union budget 2022-23 has been presented. This article analyses the positives of the budget and suggest way forward to deal with the challenges. Contents1 What are the challenges currently faced by the economy?2 What are the positives of Budget 2022-23?3 Which issues are left unaddressed?4 What are the adverse consequences of a high… Continue reading Budget 2022: Some musings
Step up agri-spending, boost farm incomes
News: The present budget (2022-23) has increased allocation towards the agricultural sector by 4.4%. What is the issue with the current budgetary allocation for agriculture? First, the current rate of increase in budget is lower than the current inflation rate of 5.5%-6%. According to the Food and Agriculture Organization (FAO) report, the government expenditure on… Continue reading Step up agri-spending, boost farm incomes
Reducing edible oil imports
News: Government has extended the stockholding curbs on oilseeds and edible oils. This may prove to be harmful for India’s vision of boosting the output of oilseeds to reduce dependence on imports for edible oils. Why is this step harmful for the economy’s health? Wrong signal to market: Economic Survey has also cautioned against such knee-jerk… Continue reading Reducing edible oil imports
RBI shouldn’t rush the launch of India’s official digital rupee
News: Rushing the implementation of a digital rupee is fraught with unnecessary risks. Contents1 What are the advantages and associated issues of a CBDC?2 What is the global situation wrt a digital currency?3 Why has India set an early deadline to launch a CBDC?4 What is the way forward? What are the advantages and associated… Continue reading RBI shouldn’t rush the launch of India’s official digital rupee
INDIA’S FRAMEWORK FOR CRYPTO TAX STILL NEEDS WORK
News: The recent decision to tax Cryptocurrency by 30% has received mixed reactions. A more robust regulatory framework is needed. Contents1 Has India legitimized Cryptocurrency?2 How Virtual Digital Assets (VDAs) have been defined and issues with the definition?3 Is Bitcoin a foreign currency?4 What is the policy approach wrt NFTs and the associated issues?5 What… Continue reading INDIA’S FRAMEWORK FOR CRYPTO TAX STILL NEEDS WORK
Safeguarding childhoods from online harm during COVID-19 and beyond
News: Recently on 8th February, safer internet day was celebrated. It reminds to analyse internet’s impact on children while providing uninterrupted learning during the pandemic but also exposing them to several online risks How pandemic has increased online risks for children? One, during the lockdown, children did not have option of outdoor games, and it… Continue reading Safeguarding childhoods from online harm during COVID-19 and beyond
E-fasting can minimize E-waste
News: Electronic (e-waste) is emerging as a serious public health and environmental issue globally in this century. Why is e- waste generated and how different countries fare on the e-waste generation metric? When obsolete devices are replaced by new devices due to the advent of new technologies, this, in turn, results in electronic waste. United States… Continue reading E-fasting can minimize E-waste
Notes for India as the digital trade juggernaut rolls on
News: In December 2021, Australia, Japan, and Singapore, have stated that they might schieve convergence on more issues linked to the Joint Statement Initiative (JSI) on e-commerce by the end of 2022. These 4 countries are co-convenors of the Joint Statement Initiative (JSI) on e-commerce. How present rules existing on digital trade progressed? In the… Continue reading Notes for India as the digital trade juggernaut rolls on
Land rights to women: Despite Courts, The Plot Is Against Daughters
News: Recently, the Supreme court ruled that if a male Hindu dies without a will, his self-acquired property will pass by succession, and a daughter would be entitled to inherit such property even under Hindu law. Why the land ownership is critical for women’s empowerment? Various organizations like the Universal Declaration of Human Rights, the International… Continue reading Land rights to women: Despite Courts, The Plot Is Against Daughters
