News: As many as 10 crore Indians may already have investments exceeding a total of $10 million in Cryptocurrencies. This not only creates an avenue for generation of tax revenue, but also puts forth a huge challenge for the tax authorities who have to track and tax transactions involving cryptocurrencies. What is the current legal… Continue reading Taxing Cryptocurrency transactions
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India’s green cover has advanced far too slowly
News–India State of Forest Report (ISFR) 2021 has reported very slow progress of afforestation over the past two years. India must aim for faster progress to adapt and mitigate the effects of worsening climate change. What are the details about the latest India state of forest report? Read here. Why slow progress is a cause of concern? India set… Continue reading India’s green cover has advanced far too slowly
Countering hate in the digital world
News: Recently controversial apps like “Bulli Bai” and “Sulli Deals” made news headlines in which prominent Muslim women were auctioned. While it is under police investigation, it signals increasing levels of radicalization in the digital world. Contents1 What is the significance of this issue?2 How are digital space shaping identities and impacting individual?3 Why hate… Continue reading Countering hate in the digital world
Urban governance and urban floods: Storm warnings of a megacity collapse
News: Chennai witnessed 24 cm rainfall, a very high level, on December 30, 2021. This again raises questions on urban governance and management of urban floods. What are the challenges in urban governance? Like the 2005 Mumbai floods, there was community support and mobilization for change, but changes remained on paper. Niti Aayog’s report on… Continue reading Urban governance and urban floods: Storm warnings of a megacity collapse
Why India needs a Green Deal
News: To address the pressing challenges of today like emission and equity, there is a need for political will and effective implementation of the Indian Green Deal. What are the problems faced by India? On the one hand, India is facing many extreme weather events like severe droughts in Maharashtra, incessant rains, and flooding in Chennai,… Continue reading Why India needs a Green Deal
Predatory pricing is prising Indian livelihoods apart
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
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
