Synopsis: The payment-voucher system’s (e-RUPI) features make it ideal for programmes aimed at bridging the digital divide in India. Contents1 How has India progressed wrt digital payment ecosystem?2 What is hampering India’s vision of financial inclusion?3 What is M-pesa and how it helped to tackle the issue of financial inclusion?4 How e-RUPI, similar to M-Pesa,… Continue reading The e-Rupi could take us a long way towards financial inclusion
Tag: gs paper 3
India’s digital architecture: From infrastructure to superstructure
Synopsis: To support our ecosystem for financial inclusion, we need to factor in the enablers and account aggregation. Contents1 Introduction2 What is the significance of factoring?3 What is the significance of Account Aggregator platform?4 How’s govt acting as an enabler of Digital revolution in India? Introduction India’s asset monetization initiative, the National Monetisation Pipeline has… Continue reading India’s digital architecture: From infrastructure to superstructure
Protect Digital India: About the challenges associated with banning VPNs
Synopsis: Understand the issues associated with banning VPNs. Introduction The Parliamentary Standing Committee on Home Affairs discovered that VPNs (Virtual Private Networks) might conceivably allow anonymous activity online. So, the committee recommended that the Ministry of Home Affairs collaborate with the Ministry of Electronics and Information Technology to develop a coordination mechanism to block VPNs.… Continue reading Protect Digital India: About the challenges associated with banning VPNs
Drone’s Economic Impact Will Match Internet’s
Synopsis: The recently released new drone rules 2021 are centered around light-touch governance. The resultant progressive ecosystem will lead to opportunities in multiple sectors of the economy. Background Read here: Drone Rules 2021 – Explained Must Read: How new drone guidelines can give wings to drone startups? Where will drones work? Once drones take off in full force, opportunities… Continue reading Drone’s Economic Impact Will Match Internet’s
The long and the short of the NMP
Synopsis: Pertinent questions, in the light of the recently announced NMP, have been raised in the article. Questions are related to the impact of NMP on ordinary citizens, whether NMP was the only option before the govt, and whether public sector enterprises are actually inefficient. Contents1 Background2 How will NMP impact the citizens of India?3… Continue reading The long and the short of the NMP
Hidden costs of renewable power in compulsory purchases of RE for discoms
Synopsis: As India is pushing towards its renewable energy target, it also needs to look at the way the new capacity is being added and the existing power purchase mechanisms. Contents1 Introduction2 Why coal-generated power is still necessary?3 Why the overall cost of buying green power is more?4 What are the challenges?5 What is the… Continue reading Hidden costs of renewable power in compulsory purchases of RE for discoms
Carbon neutrality powered by AI
Synopsis: Countries like India, which are leading the adoption of climate change measures, will have to encourage energy companies to embrace higher levels of AI usage. Introduction As the world pushes to mitigate the impact of climate change, it will have to rely much on emerging technologies. The foundational shift of energy transition from fossil-based… Continue reading Carbon neutrality powered by AI
Millets could help India mitigate malnutrition and climate change
Synopsis: India should incentivize the production of millets to enhance food security and score gains on climate resilience. Contents1 Introduction2 How are millets significant for India?3 What steps have been taken by the govt?4 What are the challenges?5 What measures can govt take? Introduction In 2021, the United Nations General Assembly adopted a resolution declaring… Continue reading Millets could help India mitigate malnutrition and climate change
Public sector banks and corporate governance
Synopsis: Issues that are hampering the performance of PSBs, consequences and the way forward. What are the issues affecting the performance of PSBs? Delay in appointments of CEO’s and MD’s of PSSBs: In the recent past, after the MD and CEO of Bank of Baroda stepped down, his successor took charge after 100 days. Whereas,… Continue reading Public sector banks and corporate governance
Another IBC fix? (On a Code of Conduct for CoC)
Synopsis: Regulator’s proposal for code of conduct for the Committee of Creditors (CoC) deserves scrutiny. Contents1 Introduction2 What are the IBBI’s recommendations in its discussion paper?3 Why a code of conduct is needed?4 Why a code of conduct might not be the solution?5 What is the way forward? Introduction The Insolvency and Bankruptcy Board of… Continue reading Another IBC fix? (On a Code of Conduct for CoC)
