News: Recently, all consumer goods distributors in Maharashtra were protesting against Colgate’s alleged unfair treatment of traditional distributors with respect to B2B technology companies such as JioMart, Udaan, and others. What is the issue? The manufacturer, Colgate, sells its product to the distributor for ₹40 and the distributors sell Colgate toothpaste to retail stores for… Continue reading Predatory pricing is prising Indian livelihoods apart
Tag: gs paper 3
The controversy over inclusion of the mm wave band in 5G auctions
News: Telecom regulatory Authority of India (TRAI) had asked for Industry’s view on various contours of 5G roll out in India. This plan of TRAI also included the idea of adding millimetre (mm) wave band of 24.25-28.5GHz in the auction of 5G spectrum. Satcom Industry association-India (SIA) which represents the interests of the communication satellite… Continue reading The controversy over inclusion of the mm wave band in 5G auctions
Wishlist for the budget
News: Every budget offers an opportunity in the hands of the government to initiate a lot of reforms. What should the upcoming budget focus upon? Simplify the tax calculations: Instead of layers of taxation, there should be one simple tax rate. Prime land, long leases: This will lead to increase in revenue, government here will… Continue reading Wishlist for the budget
As cryptocurrency becomes mainstream, its carbon footprint can’t be ignored
News: Cryptocurrency has expanded rapidly. With its increased popularity, problems of environmental sustainability have emerged. These are related to the digital mining of Cryptocurrency, esp Bitcoin, as it creates a massive carbon footprint due to the staggering amount of energy it requires. Note: In 2019, the global cryptocurrency market was approximately $793 million. It’s now… Continue reading As cryptocurrency becomes mainstream, its carbon footprint can’t be ignored
A code for the committee of creditors
News: Parliamentary Standing Committee of Finance in its report had argued for the need to have a professional code of conduct for the committee of creditors. After this Insolvency and Bankruptcy Board of India (IBBI) had issued a discussion paper proposing a code of conduct (code) for the Committee of Creditors (CoC) to ensure transparency in its functioning. Why there is need… Continue reading A code for the committee of creditors
Inflation heresy mustn’t always be rejected out of hand
News: Inflation has been on the rise in most part of the world. This has once again started the debate on the best way to restore price stability. What are various strategies to deal with Inflation? Old/orthodox method-This involves the reduction in spending and raising of interest rates. But this method often has side effects (such as bankruptcies and rising… Continue reading Inflation heresy mustn’t always be rejected out of hand
Time’s Running out-Is India ready to handle 34,600 tonnes of solar waste?
News: India plans to generate about 280 GW of energy through solar power by 2030. While this may seem a climate smart move but it also leads to generation of huge amount of solar waste. A holistic approach to solar energy includes not only a green and clean perspective, but also resource and material management. Why India needs a solar waste… Continue reading Time’s Running out-Is India ready to handle 34,600 tonnes of solar waste?
Propping up the property market – Issues facing Housing Sector
News: Indian housing sector is struggling a lot due to stalled housing projects, which has led to a loss of output and jobs. What are the problems associated with housing projects? Fear psychosis among buyers: Customers today are reluctant to pay advances as they are not sure whether the project will complete or not. So, they… Continue reading Propping up the property market – Issues facing Housing Sector
Space for dreams: On ISRO’s new chief
News: S. Somanath has been appointed as the chairman of the Indian Space Research Organisation (ISRO). What are the upcoming programmes of ISRO? Human space flight programe– Gaganayaan Read here: Union Minister says, India’s maiden human space mission “Gaganyaan” will be launched in 2023 Aditya L1: The aim to take a space observatory to the Lagrangian point… Continue reading Space for dreams: On ISRO’s new chief
How real is the GST boost?
News: The government is delighted over the steady improvement in the collection of goods and services tax (GST) in recent months GST collections have crossed the Rs 1-trillion mark for each of the last six months beginning July 2021. The buoyancy in GST collections provides the much-needed revenue cushion to government finances and for preparing… Continue reading How real is the GST boost?
