Source: Business Standard Contents1 Synopsis:2 Background:3 About Periodic Labour Force Survey:4 Key Findings of the Survey:5 Analyzing the Key Findings: Synopsis: The government’s Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in agriculture. It has increased to 45.6% in 2019-20, compared to 42.5% of the total employment in 2018-19. This is… Continue reading Migration from factories to farms, a sign of distress
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Pegasus scandal points to the making of a surveillance state in India
Source: Indian Express Relevance: Understanding increasing state surveillance in India, measures to safeguard privacy. Synopsis: There seems to be a concerted effort to create a surveillance state, monitor free flow of information and use technology to control instead of empowering citizens. Increasing rate of surveillance in India and measures that must be taken to counter… Continue reading Pegasus scandal points to the making of a surveillance state in India
Explained: Electricity amendment bill 2021 —why are states such as WB opposing it?
Source: Indian Express Relevance: Resolving issues with the discom-sector. Synopsis: The Central government is facing opposition to the Electricity Amendment Bill 2021 even before it is introduced in Parliament. Examining key concerns being raised. Context West Bengal Chief Minister has written to the Prime Minister requesting that the Bill not be brought before Parliament claiming… Continue reading Explained: Electricity amendment bill 2021 —why are states such as WB opposing it?
Our broken growth model is in acute need of some repair work
Source: Live Mint Relevance: Battling the slowdown in Indian economy Synopsis: Solving India’s chicken-and-egg problem of income and investment will take government action. Contents1 Background2 Factors behind economic growth3 Trends & Problems 4 Why private consumption declined?5 Why growth still not picking up? Background India was expected to grow in double digits in 2021-22. However, most… Continue reading Our broken growth model is in acute need of some repair work
What good are BITs?
Source: Business Standard Relevance: Harnessing the potential of Bilateral Investment Treaties to promote economic growth Synopsis: Many of us in India are irritated when the country’s state agencies lose cases (example Cairn energy case), and large penalties have to be paid on account of Bilateral Investment Treaties (BITs). But from India’s viewpoint, it is efficient… Continue reading What good are BITs?
Making trade work for climate
Source: Business standard Relevance: On Carbon border tax and its impact Synopsis: An analysis of the complexities involved in dealing with climate change via measures like carbon border tax. Context The European Union’s (EU’s) plan for a carbon border tax (CBT) —that is, duty on imported goods like aluminium, steel, cement, and electricity from countries… Continue reading Making trade work for climate
The sovereign right to tax is not absolute
Source: The Hindu and Livemint Relevance: This article explains India’s sovereign right to tax and its limitations Contents1 Synopsis:2 Introduction:3 Does the state have a sovereign right to tax?4 Then how a state’s taxation can be questioned? Synopsis: India has a sovereign right to tax, but that right is subject to certain limitations. Introduction: The government… Continue reading The sovereign right to tax is not absolute
The SC’s Amazon ruling upholds the doctrine of party autonomy
Source: Livemint Relevance: To understand the recent SC ruling and extension of the Indian Arbitration Act 1996. Synopsis: The SC order in Amazon’s case has answered two important judicial questions. What is the background of the event? Read here: Emergency arbitration award is applicable: Amazon wins in Supreme Court What is the story so far?… Continue reading The SC’s Amazon ruling upholds the doctrine of party autonomy
Cyclone-ravaged Sunderbans is now drowning in plastic
Source: The Hindu Contents1 Synopsis2 Background:3 What are the concerns raised by the NGOs?4 Steps to be taken: Synopsis The unregulated inflow of relief materials in the Sunderbans region has resulted in a new crisis in the cyclone battered region: Plastic Waste. Background: Sunderbans has been battered by many cyclones over the years, with Cyclone… Continue reading Cyclone-ravaged Sunderbans is now drowning in plastic
Does bill scrapping retro tax go far enough? Worries are the no interest clause, later I-T interpretation
Source: The Hindu, The Indian Express and Times of India Relevance: This article explains issues with the 2012 amendment which provide retrospective taxation and the challenges with the recent bill. Synopsis: Delayed reset on retrospective tax is only the first step to regaining investor confidence Introduction: The government has recently introduced the Taxation Laws (Amendment) Bill,… Continue reading Does bill scrapping retro tax go far enough? Worries are the no interest clause, later I-T interpretation
