Source: Business Standard Relevance: On drone rules, 2021 and start-ups in the drone sector Synopsis: India has fewer start-ups in the drone technology space than the US and China; it also lags behind most other economies in funding. Drone rules 2021 are a step forward, but more needs to be done to evolve other policies… Continue reading How new guidelines can give wing to drone start-ups?
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How e-RUPI can transform government’s welfare schemes?
Source: Indian Express Relevance: Effective service delivery of Public goods Synopsis: e-RUPI opens up a world of opportunities to the government, people, and businesses to provide, avail and pay for services seamlessly. Contents1 What is e-RUPI?2 How e-RUPI can be used by corporates?3 How e-RUPI can be used in various govt programmes?4 Way forward What… Continue reading How e-RUPI can transform government’s welfare schemes?
The merits of an RBI digital currency outweigh risks
Source: Live Mint Relevance: Future of Central bank Digital currencies in India Synopsis: Launching a CBDC by RBI entails many risks while offering many opportunities too. A thorough assessment is the need of the hour. An analysis of the risks, concerns and benefits of CBDCs. Contents1 About CBDC2 Does India need a CBDC?3 Concerns4 Way… Continue reading The merits of an RBI digital currency outweigh risks
Why Indian Railways failed to attract private players to run trains?
Source: Indian Express Relevance: Issues related to Privatization of Railways Synopsis: Private sector’s interest should be taken care of if Indian railways (IR) wants to attract private capital. Contents1 Background2 Possible reasons3 Risks and constraints4 Core issue5 Suggestions Background On July 1, 2020, the Indian Railways launched the formal process of inviting private parties to… Continue reading Why Indian Railways failed to attract private players to run trains?
Bankruptcy code reforms must be handled with special caution
Source: Live Mint Relevance: Improving the Insolvency and bankruptcy law. Synopsis: Rather than focussing too much on haircuts and debt recovery, IBC should focus on maximization of value, as intended originally. Few suggestions for reforming the Insolvency and Bankruptcy Code (IBC), 2016. Contents1 Background2 Too much focus on haricuts3 Should haircuts be fixed?4 Suggestion/Measures Background… Continue reading Bankruptcy code reforms must be handled with special caution
An urban jobs safety net
Source: TheHindu Relevance: Impact of COVID on economy & employment Synopsis: The article signifies the need to formulate a wage employment-based national urban livelihood scheme on lines of MGNREGA. Impact of COVID on the economy World Economic outlook report presents a grim picture of the global economy. It states that – all of the world countries… Continue reading An urban jobs safety net
Investing in degraded forest land for the health of our economic system
Source: Down to Earth Relevance: Importance of effective management of land resources. Synopsis: Arresting forest land degradation can help India achieve its SDG targets in a most cost-effective manner. Significance of a healthy forest ecosystem and its benefits. Contents1 Context2 Impact of forest land degradation3 Significance of the forest ecosystem4 Way forward Context Speaking at… Continue reading Investing in degraded forest land for the health of our economic system
Focus on food processing
Source: Business Standard Relevance: issues related to Food processing sector in India Synopsis: If India intends to catch up with developed countries where a sizeable part of the produce is processed to add value, then the government needs to address the constraints faced by the food processing industry swiftly. Contents1 Background2 Government measures 3 Constraints faced 4… Continue reading Focus on food processing
Animal Spirits Are Back (On upsurge in investment)
Source: Times of India Relevance: Private investment to boost economic growth post-COVID Synopsis: The post-demonetisation, post-GST, and post-Covid economy is witnessing the rise of a new middle sector among Indian companies, that want to grow. Contents1 Context2 Reforms 3 Other factors4 Suggestions/Measures Context The pandemic that caused economic damage all over the world has led most… Continue reading Animal Spirits Are Back (On upsurge in investment)
Why central government schemes to improve financial position of discoms have not worked?
Source: Indian Express Relevance: issues related to assistance schemes for discom sector Synopsis: Due to the problems associated with reform-linked assistance schemes, an alternate approach would be to provide only transitional financial support to all discoms, which are privatised under the private-public partnership mode. Contents1 Context2 Failure of assistance programs3 Situation has worsened4 Issues with… Continue reading Why central government schemes to improve financial position of discoms have not worked?
