News: A recently released paper titled Jailed for Doing Business by Gautam Chikermane of Observer Research Foundation and Rishi Agrawal of Teamlease Regtech has documented the jail provisions faced by Indian entrepreneurs. This article discusses the difference between Niti and Nyaya while discussing the over-regulation in Indian economy. What does the research paper reveal? There… Continue reading Niti versus Nyaya: When policy provisions deny people justice
Tag: Live mint
Denial of access to Swift is a blunt tool for geopolitics
News: NATO has threatened to cut-off Russia from the international SWIFT payment network if Russia attempts to invade Ukraine. What is Society for Worldwide Interbank Financial Telecommunications (SWIFT)? It provides a network to send and receive instructions on international money transfers accurately and securely. It itself doesn’t hold any cash. The network is used by 11,000… Continue reading Denial of access to Swift is a blunt tool for geopolitics
Our stimulus should act on consumer confidence
News There has been a lot of emphasis on Infrastructure development for reviving economic growth, however the more potent tool that is consumer demand has not got much attention. How is consumer demand tracked and what are its recent statistics? Reserve Bank of India’s Survey-based index tracks consumer demand. Its latest round shows an increase… Continue reading Our stimulus should act on consumer confidence
e-Rupi limit hike to promote offline digital payment push
Contents1 What is the News?2 What is e-Rupi?3 Key Features of e-Rupi4 Future of e-Rupi What is the News? Reserve Bank of India(RBI) has increased the e-Rupi voucher limit to Rs 1 Lakh from Rs 10,000. RBI has also allowed one e-Rupi voucher to be used multiple times until it has been fully redeemed. What… Continue reading e-Rupi limit hike to promote offline digital payment push
What does rising public debt mean for the economy
Contents1 What is the news? 2 What does public debt- to-GDP ratio mean? 3 How does it reflect the stability of the economy? 4 What are current statistics for the debt to GDP ratio? 5 How does high debt affect the economy? 6 Why does the quality of debt also matters? 7 How then to control public debt? What is… Continue reading What does rising public debt mean for the economy
GST has been a win-win taxation regime for the Centre and states
News: Recently, India’s chief economic advisor claimed that GST had led to a faster increase in revenues for states such as Tamil Nadu than the sales tax, which was collected earlier. How GST is a win-win taxation regime? First, definitions play a key role in comparisons. The definitional issue is important because the state’s own… Continue reading GST has been a win-win taxation regime for the Centre and states
Blanket ban on imports of drones may disrupt industry
News: According to experts, the blanket ban on the import of finished foreign drones is likely to disrupt the drone industry in India. Must Read: Ban on Drone Import What will be the impact of the ban on the import of drones? Firstly, it will lead to a lot of disruption in terms of business… Continue reading Blanket ban on imports of drones may disrupt industry
Why does the capital gains tax regime need a relook?
Contents1 What is the news?2 What is Capital Gains Tax?3 How is Capital Gains Tax different from Income Tax?4 Why is Capital Gains Tax so complicated?5 What can the Govt do to fix these complications?6 Is cryptocurrency taxed as capital gains? What is the news? The Revenue Secretary has said that the capital gains tax… Continue reading Why does the capital gains tax regime need a relook?
India, Australia set to finalise mini FTA
Contents1 What is the News?2 What will be covered in the Early Harvest Agreement?3 What do Australia and India want in the FTA?4 What is the significance of these negotiations on FTA between India and Australia? What is the News? India and Australia will be finalising a mini Free Trade Agreement(FTA) called the Early Harvest… Continue reading India, Australia set to finalise mini FTA
The many layers of an unemployment problem
News: Recently, protests were held in several parts of north India by students who had appeared for the Non-Technical Popular Categories exam conducted by the Railway Recruitment Board. This has once again brought the issue of prevailing unemployment into the limelight. Contents1 What is the unemployment situation in the country? 2 How even these figures… Continue reading The many layers of an unemployment problem
