Synopsis: India has risen on the World Bank’s Ease of Doing Business Index from 77 in 2018 to 63 in 2019 across 190 countries. Its 68th rank in “trading across borders” can be improved upon through digitalization. Introduction In the age of the fourth industrial revolution, India must digitalize supply chains to reduce inefficiencies, improve… Continue reading Digitalize all supply chains to unlock trade efficiencies
Tag: gs paper 3
Chipped & vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry
Synopsis: There is an urgent need for India to scale up the manufacturing of semiconductors. Introduction India’s automobile industry is facing a major shortage of semiconductors. The supply situation isn’t expected to ease any time soon. That’s mainly because chip manufacturing is concentrated in a few countries. Why there is a shortage of semiconductors? The… Continue reading Chipped & vulnerable: GoI must make public investments to encourage private manufacturing in strategic semiconductor industry
Our export efforts hold the key to growth in the quarters ahead
Synopsis: India’s growth hope in the immediate future is dependent heavily on exports. What are the challenges that impact export promotion? Issues in remission of duties and taxes on exported products (RODTEP) scheme structuring: Under RODTEP, Steel, pharma, and chemicals get no rebate at all, although many products using these inputs do. This kind of… Continue reading Our export efforts hold the key to growth in the quarters ahead
Is monetising public assets a good idea?
Synopsis: Two experts, viz. Montek Singh Ahluwalia (MS) and Professor Ajay Shah (AS), share their views over Asset Monetisation programme of the government. Contents1 Background2 How can govt go about monetising operational assets?3 Why the govt chose asset monetisation over outright privatisation?4 Can we ensure that there’s no asset stripping by pvt investors?5 Background Read… Continue reading Is monetising public assets a good idea?
Credit Where It’s Due – “on credit growth”
Synopsis: Lack of Credit growth has lagged economic recovery. Here’s why that’s about to change. Introduction April-June GDP estimates show that there is strong evidence of a sharp recovery in the economy after second-wave lockdowns. Although broad-based indicators of real economic activity like mobility, energy demand, and GST e-way bill generation are now substantially higher… Continue reading Credit Where It’s Due – “on credit growth”
Long-feared space junk has become an imminent threat
Synopsis: With the increasing cost-effectiveness in rocket and satellite technologies, more countries and companies are planning more missions to orbit than ever before. This will ultimately result in more space debris that could trigger a mass collision in the future. This calls for countries and corporates to collaborate on the issue. Introduction In March,… Continue reading Long-feared space junk has become an imminent threat
Douse the farm fire – “Stubble burning Issue”
Synopsis: Despite various measures taken by both, state governments and central government, the issue of stubble burning continue to add to the air pollution in the North India and NCR region. It calls for a fresh relook at the issue. Introduction The stubble burning incidents are expected to increase this time compared to last year,… Continue reading Douse the farm fire – “Stubble burning Issue”
Integrity of insolvency processes: A tough ask
Source: This post is based on the article “Integrity of insolvency processes: A tough ask” published in Live Mint on 2nd September 2021. Syllabus: GS3- Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment Relevance: Role of Insolvency bankruptcy code in maintaining the health of financial institutions. Synopsis: Issues hampering the… Continue reading Integrity of insolvency processes: A tough ask
Our banks are mispricing capital and this is simply unsustainable
Source: This post is based on the article “Our banks are mispricing capital and this is simply unsustainable” published in Live Mint on 2nd September 2021. Syllabus: GS3- Indian Economy Relevance: Monetary policy and Economic stability Synopsis: Below-cost lending in India could have economic repercussions beyond the financial burden imposed on bank shareholders. Background We have a situation in India today where… Continue reading Our banks are mispricing capital and this is simply unsustainable
Gauging household income key for microfinance clients
Source: This post is based on the article “Gauging household income key for microfinance clients” published in The Hindu on 2nd September 2021. Syllabus: GS3– Mobilization of Resources, Growth, Development Relevance: Credit growth, Micro-Finance Synopsis: An accurate assessment of household-level incomes would avoid instances of over-indebtedness and ensure the long-term stability of the ecosystem. Contents1 Introduction2 What… Continue reading Gauging household income key for microfinance clients
