Synopsis: China’s Evergrande issue has highlighted the importance of its real estate sector. India can take a few lessons out of this crisis. Background Evergrande, the world’s most indebted real estate company in China, may collapse in the near future. It has worried the financial and economic world. Read more – China’s ‘Lehman moment’ However, the big issue… Continue reading Economic lessons for India from the Evergrande crisis in China
Tag: gs paper 3
Crackdown in China, hope in India
Synopsis: China’s sweeping overhaul of its tech sector could benefit India in the near future. Contents1 Introduction2 What is the China motive behind that?3 How these Chinese restrictions will benefit India?4 What should India do? Introduction Last year China stopped Ant Group’s Initial Public Offering (IPO), which is Alibaba’s fintech arm. Recently, there is another… Continue reading Crackdown in China, hope in India
Tarballs on India’s west coast: A tale of shifting responsibilities
Synopsis: Tarballs, how they are formed, their impact on environment and judicial & legal provisions dealing with such issues. Contents1 Introduction2 What are tarballs and how are they formed?3 What are the challenges being posed by tarballs?4 Why tarballs are being seen on the western coast of India?5 How have authorities responded to the problem?6… Continue reading Tarballs on India’s west coast: A tale of shifting responsibilities
RBI microfinance proposals that are anti-poor
Synopsis: Proposals of RBI’s consultative document will reduce the availability of cheap loans to the rural poor. Background In June 2021, the Reserve Bank of India (RBI) published a “Consultative Document on Regulation of Microfinance”. The paper was to promote the financial inclusion of the poor and competition among lenders. However, if the recommendations of… Continue reading RBI microfinance proposals that are anti-poor
Taproots to help restore India’s fading green cover
Synopsis: Forest restoration activities and why they are important. Various challenges associated with forest restoration and solutions to deal with it. Contents1 Introduction 2 What is restoration? 3 What are the key challenges associated with the forest restoration? 4 What are the solutions for protection and development of forests? Introduction Forest covers nearly 30% land surface of the earth. They provide… Continue reading Taproots to help restore India’s fading green cover
Cities are taking climate action
Synopsis: Efforts taken by states to deal with climate change, hurdles in transforming states in to a sustainable urban state and how we can find a solution to deal with the twin challenge of climate change and inclusive development. Introduction Recently, Maharashtra’s Environment Minister announced that 43 cities across the State will join the UN-backed ‘Race… Continue reading Cities are taking climate action
India should never fall into the trap of premature celebration
Synopsis: India must focus on doing things right before getting too enthusiastic over the country’s economic ascent. Introduction There is talk of the BSE Sensex at 200,000. In 2019, a year that India’s gross domestic product (GDP) growth fell, there was talk of achieving a $10 trillion nominal GDP by 2030. Such talk has begun… Continue reading India should never fall into the trap of premature celebration
Recurring pain: On RBI’s decision on auto-debit transactions
Synopsis: RBI must re-examine its auto-debit restrictions Contents1 Introduction2 What are the issues and challenges associated with the RBI’s move?3 What are the other alternatives available?4 What is the way forward? Introduction Recently, the Reserve Bank of India’s (RBI’s) new rules controlling recurring payments on credit or debit cards came into force. The new rules… Continue reading Recurring pain: On RBI’s decision on auto-debit transactions
The future of vertical farming is brighter than once thought
Synopsis: The concept of vertical farming can fix several problems faced by conventional farms. Contents1 Introduction2 What is Vertical farming?3 How vertical farming can be beneficial in future?4 What are some issues associated with vertical farming? Introduction AeroFarms is going to be the first vertical-farming startup to be listed on the Nasdaq in the next… Continue reading The future of vertical farming is brighter than once thought
Employment increases in rural India
Synopsis: In all the major labour market metrics, it is rural India that shows big improvements. Labour conditions improved in urban India also but not as much as they did in rural India. Introduction Labour participation in Rural India increased 0.20 percentage points in last month as compared to a much smaller 0.02 percentage points… Continue reading Employment increases in rural India
