News: Central government repealed three farm laws that it introduced in the year 2020. This has again brought the focus to the APMCs (Agricultural Produce Market Committee) where the majority of the first time sale of farmer’s produce takes place. It has been widely acknowledged that APMC markets across the country suffer from various irregularities… Continue reading The reforms that farming really needs
Tag: gs paper 3
Amending the FRBM Act
News: The finance ministry has excused itself from providing a projection of its fiscal consolidation plan. What is the issue? In the recent budget, the Union finance ministry committed to reducing the government’s fiscal deficit from 6.9 percent of gross domestic product or GDP in 2021-22 to 6.4 percent in 2022-23. Further, the deficit is… Continue reading Amending the FRBM Act
Questions on MGNREGA budget estimation
News: The disappointing allocation for the Mahatma Gandhi National Rural Employment Guarantee Act in the FY 2022-23 budget has created a buzz. Government’s allocation for MGNREGA has been much lower than what State governments ask for and civil society actors had recommended. For instance, The initial allocations in the past two FYs have been just about… Continue reading Questions on MGNREGA budget estimation
Banks must refocus on their basic lending role
News: ABG Shipyard, a ship building and repairing company, is alleged to have committed a bank fraud. Questions are also being raised as to why it took so long to conduct an audit report and for the report to point out mala fide use of funds and legal action to be initiated. Contents1 What is… Continue reading Banks must refocus on their basic lending role
Making Green Hydrogen work
News: Recently, a new green hydrogen and green ammonia policy has been introduced that envisages building a prominent role for clean fuels in the country’s fossil fuel-dominated energy mix. Contents1 What does the policy offer? 2 What are some issues with the policy? 3 Why is Hydrogen important for India? 4 What is the way forward? What… Continue reading Making Green Hydrogen work
Manufacturing exports can gain from India’s empowerment push
News: The recent released Budget 2022-23 carries forward the government’s vision of empowering Indians and enabling economic activity. This article discusses how manufacturing can help India in empowering people and increase the growth rate. How manufacturing exports can help India’s empowerment push? First, the weakening of manufacturing in many developed nations has caused social divisions… Continue reading Manufacturing exports can gain from India’s empowerment push
Method to the Make-in-India plan: Decoding our import tariff policy
News: According to the World Trade Organization’s (WTO) Tariff Profile for 2021, India has one of the highest average tariffs of 15% in the Asia-Pacific region. Contents1 This article discusses the need to align Make-in-India with trade policy.2 What other countries are doing?3 What does India need to learn from previous agreements?4 What is the… Continue reading Method to the Make-in-India plan: Decoding our import tariff policy
The budget spells green-shoot for agri subsectors
News: Although the recently introduced Union Budget has had no big ticket announcements on agriculture and rural development, it tries to focus on sub-sectors that matter such as livestock, fisheries and food processing. Which sub-sectors in agriculture have seen an increase in allocation in the budget? Livestock and fisheries: These two subsectors roughly contribute about… Continue reading The budget spells green-shoot for agri subsectors
After the Harvest
News According to Ministry of Agriculture and Farmers Welfare’s Second Advance Estimates of Production of Foodgrains for 2021-22 India’s agriculture sector is all set to create an all-time high production record this year. What has been the agricultural production trajectory in the last decade? Food grain production has gone up from 252 million tonnes in… Continue reading After the Harvest
Corporate governance is a pot on high-heat again
News: SEBI has recently announced that company boards need not compulsorily split the posts of chairperson and managing director between two individuals. This choice is “voluntary” now. This was a roll-back of a directive issued in 2018. Why this decision of SEBI needs to be analyzed in the context of corporate governance? One, in India… Continue reading Corporate governance is a pot on high-heat again
