Synopsis: Companies must adapt to a market of rising incomes, digital innovations, new consumers and altered consumption curves. Contents1 Introduction2 Which factors are responsible for shaping India’s consumer landscape?3 What are the future predictions?4 Despite the challenges, how India retains its large long-term growth potential?5 What is the way forward? Introduction Pandemic shocks and aftershocks… Continue reading India’s consumer map is rapidly being redrawn by major trends
Tag: gs paper 3
Human resources & regulatory autonomy
Synopsis: Statutory regulatory authorities need autonomy in staffing their organisations with specialists who have integrity and knowledge. Contents1 Introduction2 Why NFRA was established?3 How regulators like NFRA are created in India?4 Why SRAs like NFRA need the flexibility to recruit?5 What is hampering the recruitment of talented human resources in regulator sector?6 What is the… Continue reading Human resources & regulatory autonomy
Managing risks of a green economy
Synopsis: A rapid transition to renewable energy, which is necessary, will disrupt a number of businesses. Introduction Climate change will affect lives and livelihoods across the globe with some countries getting disproportionately impacted. According to a recent report by the Swiss Re Institute, climate change could reduce global gross domestic product by 18% by 2050… Continue reading Managing risks of a green economy
A climate change narrative that India can steer
Synopsis: The Glasgow COP26 meet offers India a chance to update its Nationally Determined Contributions to meet climate targets. Contents1 Introduction 2 What are the findings of the assessment?3 What is the reason behind rising internal displacement of population? 4 What are some steps that India has taken to tackle the climate change?5 What are the issues… Continue reading A climate change narrative that India can steer
The state of agriculture in India is only going from bad to worse
Synopsis: Our agricultural sector has been in a state of perpetual decline after 2012-13 and is reeling under such shocks as back-to-back droughts, demonetization and the COVID-19 pandemic. The latest Situation Assessment Survey adds to findings that reveal worsening agrarian distress. Contents1 Introduction2 What are the reasons behind the agrarian distress?3 What are the results… Continue reading The state of agriculture in India is only going from bad to worse
WHO’s new air quality standards underline the health-pollution link. It’s time policies take a holistic approach
Synopsis: India’s air quality standards were way short of WHO norms even before. The new thresholds will sharpen these differences. Introduction The World Health Organization (WHO) has released the Global Air Quality Guidelines (AQGs). These guidelines are not legally binding but advise to policymakers to shape their policies by prioritizing the health of the people. Read… Continue reading WHO’s new air quality standards underline the health-pollution link. It’s time policies take a holistic approach
Regaining fiscal balance
Synopsis: The advance tax numbers suggest growth in revenue collection continues to remain strong. However, Central government finances would need careful management. Introduction In the current financial year, the fiscal position has improved significantly and the recovery in revenue collection has surprised many. By July-end, the government collected revenue worth over 37% of its Budget… Continue reading Regaining fiscal balance
A flawed calculation of inflation
Synopsis: The current official inflation rate does not correctly measure price rise and it needs modification. Contents1 Introduction2 Does the official data capture the real picture?3 Why inflation is a cause of worry?4 What are the factors contributing to inflation? Introduction Inflation for the last four months has been worryingly high. Wholesale price index (WPI)… Continue reading A flawed calculation of inflation
How new global tax rules may reshape India?
Synopsis: The conventional global tax system is changing, with several countries, including India, imposing a digital service tax and participating in a new global initiative to modernize tax rules. Why there’s a need for new global tax framework? The new tax framework seeks to tackle digital economy firms in particular since they do not easily… Continue reading How new global tax rules may reshape India?
Swooping down on algorithms
Synopsis: China’s draft rules on regulating recommendation algorithms address pressing issues. Lessons for India. Contents1 Introduction2 What are China’s management provisions?3 What are recommendation algorithms?4 How do recommendation algorithms work?5 What are some negative implications of such algorithms?6 What lessons can India take from this?7 What is the way forward? Introduction China has pursued aggressive… Continue reading Swooping down on algorithms
