Tag: Live mint

Context: Recently, the Western world came together to impose sanctions on Russia, decades old business arrangements with countries were terminated. All this came in the backdrop of COVID-19, exposing the vulnerability of globalization. Among nation-states it has led to hardening of nationalistic agendas. Countries are focusing on self-reliance to reduce geopolitical risks. Is it possible… Continue reading Globalization is dying: Long may the phenomenon live

“Good governance” is referred to as a process of enabling the accountability of decision-making and how decisions are implemented to tackle holistic development agendas. It also brings about women’s empowerment directly by boosting gender-participation in decision making. Good governance in practice: The 73rd amendment act introduced the Panchayati Raj system and provided reservations for women… Continue reading Sound governance is a must for gender-inclusive output growth

News: A recent finding of the Supreme Court-appointed panel has put back in focus the three farm laws that were revoked in late 2021 in the wake of farmer protests. As per the panel findings, it appears that a majority of farmers may have actually welcomed the agricultural reforms that were aimed through three farm… Continue reading Our Farm reforms deserve another chance 

News: In recently-concluded state elections, the farmer’s movement and the repeal of the three farm laws that passed in 2020 were referred to during the political discourse in some parts of the electoral landscape.  In Punjab, a group of farm protestors who contested elections failed to register their presence.   In Uttar Pradesh, the agitation failed… Continue reading The effect of farm sector changes on agrarian movements in India 

Context: Gender-based violence constitutes one of the serious public health burdens in India.  What is gender-based violence?  ‘Gender-based violence’ refers to violence that is directed towards an individual owing to their gender and/or sexual orientation. It also includes efforts to bring young boys or LGBTQIA+ individuals into dominant forms of masculinity or femininity.  Global and… Continue reading The serious public health burden of gender violence 

Context: The Russian invasion of Ukraine has given a blow to post-1989 ‘liberal’ international order. What was the post-1989 ‘liberal’ international order? The global order rested on the premise that the world could rely on economic interests to spread prosperity and mitigate conflict. For instance, as the middle and rising powers such as Russia and… Continue reading Dial down the security dilemma that sets vicious cycle in motion

Context: The US has weaponized its financial power to pressurize Russia to withdraw from Ukraine. The result of sanctions is that Russia cannot access around half of its foreign exchange reserves. This has led to discussion that other countries will try to diversify their reserves away from the US dollar. Why is the US Dollar… Continue reading It may be time to revive Keynes’ idea of a global reserve currency

News: In her budget speech, Finance Minister expressed the government’s resolve to launch Ease of Doing Business 2.0 and Ease of Living programmes. She highlighted that in recent years, over 25,000 compliance requirements were reduced and 1,486 Union laws repealed. Has the reduction of compliance requirements impacted Ease of Doing Business in India? It is… Continue reading Ask the right questions for Ease of Doing Business 2.0

News: The government seems ready to expand the scope of goods and services tax (GST) to cryptocurrency transactions. Reports suggest it may impose crypto-token purchases with GST, just like on any other product. The entire value chain s expected to be included into its tax net. Presently, services provided by crypto exchanges are taxed at… Continue reading Heavy taxes are fine for quasi-assets like crypto