News: Many reports suggest widespread unemployment and consequent poverty on the rise in India. As per CMIE data, 5.46 million Indians lost jobs in October. The youth unemployment rate was 22.26% in 2021 – compared to 15.66% in 2016–17. There are about 20 million Indians entering the job market annually. But in August 2021, around… Continue reading Policymakers must break India’s cycle of poverty
Tag: gs paper 3
How to regulate Cryptocurrencies?
News: Indian regulators can leverage the simple money management approach towards regulating Cryptocurrencies. The task of financial-economic policy is to address market failure, i.e. the four problems of – systemic risk, resolution, prudential regulation, and consumer protection. Does cryptocurrency merit financial regulation in India? The role for financial regulation in any situation can be analysed… Continue reading How to regulate Cryptocurrencies?
The T-20 investment path
News: Parliament is about to come up with a bill banning crypto-currencies, which are today the most sought after investment option for today’s generation. Why do people prefer to invest in new options like crypto currency? Bank deposits returns are quite low with respect to other options-2.75% in a savings account or 5% in a… Continue reading The T-20 investment path
A new public stocking policy centred on pulses, edible oils and vegetables is needed to manage unseasonal price hikes
News: Unseasonal price spike in Tomatoes and onions The cost of many vegetables such as tomatoes, cabbage and other greens become relatively affordable during winter. This is because of increased supply, since planting of these crops is done during August-October, and they are all 50-to-100-day crops. But in the current winter, all these vegetables are… Continue reading A new public stocking policy centred on pulses, edible oils and vegetables is needed to manage unseasonal price hikes
The great inflation conundrum that policymakers must resolve
News: Economies around the world, including Argentina, Brazil, Turkey, India, and, most importantly, the US are witnessing an increase in price levels. The increase of inflation in the U.S and other economies will have adverse effects worldwide because its spill over effects are far-reaching. Contents1 What has been the inflation trend across the countries?2 How… Continue reading The great inflation conundrum that policymakers must resolve
Why India’s coal habit won’t be easy to shake off
News: In the climate summit at Glasgow, India spoke of a “phase down” rather than a “phase out” for coal, and it was backed by China, South Africa and some other countries. It shows India’s huge dependence on coal for its energy requirements and is likely to be so by 2030. A phase-out may hurt… Continue reading Why India’s coal habit won’t be easy to shake off
Stable banking – On Banking reforms
News: The RBI last week announced that it had accepted 21 of the 33 recommendations of the internal working group set up to examine the ownership guidelines and corporate structure in private sector banks. One of the key recommendations made by the internal working group was that industrial houses be permitted to promote banks after… Continue reading Stable banking – On Banking reforms
Yes, there are two Indias, and they are not getting any closer together
News: Ministry of Health and Family Welfare (MOHFW) has released the 2019-21 National Family Health Survey (NFHS-5). Read more: NFHS-5 and its findings – Explained, pointwise Why it is called two India? There is a stark contrast of development that exist between better performing Indian states and less performing Indian states. The fifth National Family Health… Continue reading Yes, there are two Indias, and they are not getting any closer together
Indian agriculture needs a Verghese Kurien
News: 26th Nov, 2021 was Kurien’s 100th birth anniversary What is the legacy of Verghese Kurien? Architect of a rural revolution: He transformed the lives of millions of farmers in Gujarat. Poverty alleviation and social transformation was central to his idea of Co-operative model. Professional integrity: There were many who saw him as an outsider… Continue reading Indian agriculture needs a Verghese Kurien
Airport Lessons
News: The Jewar International Airport, a greenfield project will be the second airport in NCR. Both international airports in NCR will then be under private management. It demonstrates India’s success in the last two decades in attracting private capital and management into airport infrastructure development and maintenance. How private players’ participation was facilitated in airport… Continue reading Airport Lessons
