News: Recently, the Enforcement Directorate (ED) froze assets of Amway India worth ₹758 crore. The federal agency issued a statement, alleging that the company was perpetrating a “scam” by running a pyramid “fraud” in the guise of direct-selling MLM network. The new members, it said, are not buying the products to use those, but to… Continue reading Amway a Ponzi scheme? ’Buyer beware’ won’t do
Tag: Live mint
Persistent inflation likely to threaten Indian Food Security
News: Recently, food Inflation has become a global phenomenon, with several countries going through spells of high inflation. Those afflicted include major developed countries such as US, UK and parts of Europe, and the developing countries such as India, Brazil, and Mexico. Contents1 What is the situation wrt inflation? 2 What is the likely impact of… Continue reading Persistent inflation likely to threaten Indian Food Security
Its time to celebrate democratic governance in a war-ridden world
News: In the light of Russia’s invasion of Ukraine, the West is trying to shape a global consensus in favour its democratic governance model. This is leading to widening the divide between authoritarian and democratic regimes. What have been the arguments against the democratic governance model? In last few years, the Chinese and Russian… Continue reading Its time to celebrate democratic governance in a war-ridden world
We must revamp schools as they open after the pandemic break
News: Recently, there has been a decline in the severity of covid pandemic. As a result, the schools have been re-opened after a gap of almost two years. In this context, the Annual Status of Education Report (ASER) was released. Contents1 What are some recent trends?2 What are the challenges after unlocking schools? 3 What are… Continue reading We must revamp schools as they open after the pandemic break
The rooftop eclipse on India’s solar ambitions
Context: In 2015, the Govt set a target of 100 GW (gigawatt) of solar energy capacity by 2022. Of the 100 GW, 60 GW was to come from utility-scale solar plants, which stood at 41.7 GW, or 70% of the target, by 2021. The rest was to come from solar rooftop, which has managed only… Continue reading The rooftop eclipse on India’s solar ambitions
Why wheat prices have shot up despite India’s huge reserves
Context: One side effect of Russia attacking Ukraine has been a rise in global wheat prices. Wheat importers are struggling. Contents1 Significance of wheat2 Is there a shortage of wheat in India?3 So, why have the wheat prices gone up?4 What is the way forward? Significance of wheat The consumer price index (CPI), which measures… Continue reading Why wheat prices have shot up despite India’s huge reserves
India’s policy on cooperation is key to creating livelihood for all
News: Recently, the Union Minister of Cooperation inaugurated a two-day national conference on India’s Cooperation Policy. In the programme, a call was made to usher-in a ‘movement for cooperation’. What is the concept of Cooperation? The draft National Policy on Cooperatives puts it this way – – Cooperation is an approach. It is a preferred… Continue reading India’s policy on cooperation is key to creating livelihood for all
India to try groundwater recharge method to solve water problem
What is the News? The government is planning to implement the Pilot Artificial Groundwater Recharge Project in Tamil Nadu. About Artificial Groundwater Recharge Project in Tamil Nadu Launched by: Ministry of Jal Shakti in collaboration with the Netherlands. Location: The project is being implemented in the doab of Araniyar and Korattailaiyar River in Tamil Nadu.… Continue reading India to try groundwater recharge method to solve water problem
Egypt approves India as wheat supplier
What is the News? Egypt has approved India as a wheat supplier. This comes amid a sharp dip in global wheat production, largely because of the Russia-Ukraine war. About Wheat Wheat is a Rabi Crop. It is the second most important cereal crop in India after rice. It is mostly consumed in the north and… Continue reading Egypt approves India as wheat supplier
India needs an economic reboot for rapid employment-heavy growth
News: Recently, the 62nd annual conference of the Indian Society of Labour Economics was concluded at the Indian Institute of Technology, Roorkee. In this conference, various useful papers were presented related to the Indian Economy. Why a major structural transformation is necessary for high long-term growth? India is facing severe unemployment. There were 28 million… Continue reading India needs an economic reboot for rapid employment-heavy growth
