Contents1 What is the news?2 What are Electronic Gold Receipts (EGRs)?3 What is Gold Exchange?4 What will be the key features of Gold Exchange?5 What are the benefits of Gold Exchange? What is the news? Government of India has notified the Securities and Exchange Board of India (Vault Managers) Regulations, 2021 to create Electronic Gold… Continue reading Sebi issues guidelines for operationalizing gold exchanges in India
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Things to watch for as India, UK launch FTA talks
What is the News? India and the UK will start active consultation to finalize a Free Trade Agreement (FTA). Must Read: What is a Free Trade Agreement(FTA) Why is the FTA with the UK important for India? India-UK FTA will be critical for India at a time when the country has walked out of key FTAs… Continue reading Things to watch for as India, UK launch FTA talks
Public sector banks: More sinned against than sinners
News: PSB’s have played a key role in the “new welfarism” model of the government. However, the immense effort undertaken by the PSB agencies has not been rewarded adequately. In this context, a mere comparison of PSB’s with private sector banks is illogical. Because, three-fourths of the banking sector is burdened with social objectives in… Continue reading Public sector banks: More sinned against than sinners
The new fintech department of RBI has its work cut out
News: Recently, the Reserve Bank of India (RBI) created a new department to supervise and regulate fintech. Through the department, RBI plans to promote innovation in the sector and also identify the challenges and opportunities associated with it. Fintech ecosystem has seen the entry of ‘Big Tech’ like Alibaba, as well as decentralized products and… Continue reading The new fintech department of RBI has its work cut out
High costs, low use may derail the development of EV charging Infra
News: Electric vehicle (EV) industry may fall well short of its target of setting up a sufficient number of public charging stations in India this year. Contents1 What is the current status of charging infrastructure in India? 2 What have been recent initiatives in this regard? 3 Why has been this huge shortfall? 4 What is the way… Continue reading High costs, low use may derail the development of EV charging Infra
On Financial Resolution and Deposit Insurance (FRDI) Bill : Orderly failure options will help Indian financial firms flourish
News: Government is aiming to modify and re-introduce the Financial Resolution and Deposit Insurance (FRDI) Bill. Government is planning to modify and re-introduce the Financial Resolution and Deposit Insurance (FRDI) Bill. The bill puts in place a resolution mechanism to deal with the insolvency of firms in the financial sector. The bill was introduced earlier in 2016 but was… Continue reading On Financial Resolution and Deposit Insurance (FRDI) Bill : Orderly failure options will help Indian financial firms flourish
Health Infrastructure: PM bats for health infra at district level
News: While putting vaccination for adolescents in “mission mode”, the Prime minister stressed the need to ensure adequate health infrastructure at the district level. Read more: How to fix India’s creaking health infrastructure? What steps should be adopted to improve health infrastructure amid Omicron? – Government should work towards Upgrading health infrastructure, testing capacity, availability… Continue reading Health Infrastructure: PM bats for health infra at district level
Govt’s clean cooking scheme may leverage roof-top solar energy
What is the news? The Government of India is planning to take several steps to transition towards clean energy. What are the steps planned by India to transition towards clean energy? Firstly, Clean Cooking Mission: Under this mission, the Government of India is exploring a hybrid model to leverage the roof-top solar energy for cooking.… Continue reading Govt’s clean cooking scheme may leverage roof-top solar energy
It’s the year to turbocharge our renewable-energy drive
News: 2021 saw the world joining hands to mitigate climate risks. 2022 will need a doubling down of efforts to achieve the renewable energy targets that were recently reset by India. Must Read: A must-surge year for climate goals What is the way forward? Govt needs to take the following key measures in 2022 to… Continue reading It’s the year to turbocharge our renewable-energy drive
Reformist laws for trading in farm output are best enacted by states
News: The Model Agriculture Produce and Livestock Marketing (Promotion and Facilitation) Act, 2017, or model APLM act is a better option compared to the central farm law. It is also more comprehensive than the recently repealed farm laws. A model APLM act for doing away with the APMC-controlled regime was drafted for states in 2017… Continue reading Reformist laws for trading in farm output are best enacted by states
