News: The Union government’s asset monetisation plan seems to be facing resistance from government departments and public sector enterprises (PSEs). The government’s target of mobilising Rs 1.62 trillion in the current fiscal year would thus become difficult to achieve. What is the progress of Asset monetisation plan? As per reports, PSEs in the oil and… Continue reading Asset monetisation
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A ban on wheat exports was the country’s least damaging option
Context: The Indian export ban on wheat in mid-May drew much negative attention. The ban was on private sector wheat exports, leaving open government-to-government contracts. The widespread criticism of the ban was misplaced. Details about the wheat export ban and related issues The issue has been covered in detail in the following articles, Boon to… Continue reading A ban on wheat exports was the country’s least damaging option
Price Of Wrong Price Strategy
News: India is now facing a dual problem of low growth and high inflation at the time when India is facing a historic opportunity to use exports to boost India’s GDP growth. Historic Opportunities Two large countries China and Russia are reducing their presence on the international trade landscape, providing opportunities to India: – China,… Continue reading Price Of Wrong Price Strategy
Improve governance before divesting
News: In the last few decades, the government has realised that the public sector enterprises (PSEs) should not be present in many of the sectors of the economy. Therefore, they need to exit. What are the issues in the functioning of the PSEs? The listed PSEs perform worse than their sectoral peers on the stock… Continue reading Improve governance before divesting
Inflation demands fiscal action more than a monetary one
News: Recently, Inflation in India has been on an upward path Status of Inflation Wholesale price index inflation stands at 15% and consumer price inflation is nearly at 8%. About the monetary policy system in India In 2015, India introduced the ‘channel system’, in contrast with the ‘floor system’ of the US. The policy rate… Continue reading Inflation demands fiscal action more than a monetary one
Opinion: The Digital India transformation
News: Recently, the Prime Minister of India expressed his idea of India that “every Indian must have a smartphone in his hand and every field must be covered by a drone”. About the Digital India Mission The Digital India was launched on July 1, 2015. Digital India is a transformative programme to deliver the objectives of… Continue reading Opinion: The Digital India transformation
Let it fly: With normalcy back, there’s no case for regulating airline tariffs through price bands
Context: The covid time regulations are still applicable to the aviation industry. There is a need to roll back them. India’s aviation industry faced a difficult time during covid times. Therefore, the government extended support to the aviation industry in the form of relaxation in the price band for air tickets and reduced GST on… Continue reading Let it fly: With normalcy back, there’s no case for regulating airline tariffs through price bands
Opinion: For India, a lesson in food security from Sri Lanka
Context: India needs to have a strategy of self-reliance in producing basic foods, including edible oils. Against this backdrop, the article suggests taking lessons from countries like Sri Lanka, and framing a suitable policy to boost its food security for the long term. Examples of Sri Lanka and Saudi Arabia Sri Lanka (SL)- (Huge import… Continue reading Opinion: For India, a lesson in food security from Sri Lanka
Understanding gun control legislation of different countries
News: The U.S. recently witnessed two episodes of mass shootings in a span of 11 days that killed more than 30 people including elementary school children. Canada also recently amended its gun control policies. A look at the laws governing firearms in India, Canada, Japan and New Zealand What do gun laws in the U.S.… Continue reading Understanding gun control legislation of different countries
India’s EV ambition rides on three wheels
Context: Three-wheeler EVs have come to dominate the EV landscape in India. Given the success of e-three-wheelers, it is worth taking a closer look at their dominant position, how they got here, and what India’s EV policy can do to sustain their success and extend it to the other categories. Domination of three-wheelers in EV… Continue reading India’s EV ambition rides on three wheels
