Source: Live Mint Relevance: Financial inclusion and measures taken by RBI Synopsis: Challenges faced by SFBs and Criticism against them Background SFBs have grown rapidly since RBI first carved out this category half a decade ago in Indian financial system. In Financial Year (FY) 2018 – 2020, SFBs registered a phenomenal growth by doubling the… Continue reading The silent rise of Small Finance Banks (SFBs)
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The repeal of the retrospective tax shows Modi government means business on reforms
Source: The Indian Express Relevance: This article explains government actions to boost investor confidence Synopsis: Along with the taxation Laws (Amendment) Bill, India has taken many steps to boost investor confidence. Introduction: The government has recently introduced the Taxation Laws (Amendment) Bill, 2021, in Parliament. The bill seeks to nullify the contentious retrospective tax law by amending the Income Tax (IT)… Continue reading The repeal of the retrospective tax shows Modi government means business on reforms
Indian startups deserve an easier shot at success
Source: Livemint Relevance- Regarding Limited Liability Partnerships (LLPs), their significance and need for further reforms. Synopsis: Recently, the Limited Liability Partnership (Amendment) Bill, 2021, got the approval of Lok Sabha. Need for it and the changes introduced. Background An enactment of law in 2008 allowed the emergence of large joint-stock companies as LLPs, with the… Continue reading Indian startups deserve an easier shot at success
Connecting India by inland waterways
Source: Indian Express Relevance: Infrastructure development, Inland waterways Synopsis: Recently, Parliament passed a new law to bring uniformity in the rules and regulations governing inland waterways and navigation on them. The Inland Vessels Bill, 2021 replaces the century-old Inland Vessels Act, 1917. Background Read here: Indian Vessels Bill 2021 Issues with the 1917 Act The 1917 Act was seen as a purely consolidating… Continue reading Connecting India by inland waterways
Revisit the idea of ‘aging out’ India’s coal plants
Source: The Hindu Synopsis: It is right to let old coal capacity fade away in due course, but age shouldn’t be used as the sole criteria for it. The focus should be on doing detailed analysis and weeding out the needless capacity in the pipeline, to derive long-term economic and environmental benefits. Background: The government… Continue reading Revisit the idea of ‘aging out’ India’s coal plants
Fighting the climate change – India’s way ahead (On IPCC report)
Source: TOI, Indian Express, Business Standard 1, Business Standard 2 Relevance: Fighting the climate-change crisis. Synopsis: India is already taking many steps to combat climate change, but it needs to do more to ensure climate-adaptation and mitigation are at the heart of every government policy. Steps taken by India INDC Targets: India is well on… Continue reading Fighting the climate change – India’s way ahead (On IPCC report)
Transition from fossil fuels in India is a matter of politics, communities, federalism & jobs
Source: TOI1, TOI2 Relevance: Issues involved in transitioning from coal-based industries to a clean energy model Synopsis: In light of the recently released IPCC report, it is clear that India needs an energy transition towards cleaner energy sources from the current coal-based scenario, but it must be done in a way which secures an equitable… Continue reading Transition from fossil fuels in India is a matter of politics, communities, federalism & jobs
Expiry of safeguard duty: Boon for solar developers, bane for manufacturers
Source: Business Standard Synopsis: The decision of the center to impose a basic customs duty from April 2022 and the expiration of the existing safeguard guard duty will result in higher solar imports. This move will benefit solar plant developers, but create more problems for domestic manufactures. Background: Indian solar cell and module makers may… Continue reading Expiry of safeguard duty: Boon for solar developers, bane for manufacturers
Our Harmed Forces: ‘Merit’ Principle Is Dangerous: Don’t let politics enter that domain
Source: TOI Relevance: Selection for top military posts, issues of merit over seniority. Synopsis: The Current system of promotion and advancement employed by the military is fair and based on merit. An analysis of the current system and potential implications of changing it. Background Read here: For top military posts, MoD weighs merits vs seniority… Continue reading Our Harmed Forces: ‘Merit’ Principle Is Dangerous: Don’t let politics enter that domain
Why India’s military leaders must have a free and frank discussion on demarcation of air power roles and missions?
Source: Indian Express Relevance: Unresolved issues pertaining to inter-services cooperation of armed forces in India. Synopsis: Indian Air Force is marred by a deep sense of insecurity over tri-service integration and the concept of jointness of armed forces. A historical perspective and a way forward. Background In India, there is no mutually agreed upon or… Continue reading Why India’s military leaders must have a free and frank discussion on demarcation of air power roles and missions?
