News: Bringing a new legislation for Crypto regulation may not be necessary in India until Cryptocurrency transactions reach a widespread adoption. Till then, a more prudent approach would be to extend our current regulatory frameworks, along with the associated enforcement apparatus, to regulate cryptos as yet another class of assets. What are the challenges the… Continue reading How to regulate crypto, minus a crypto-specific law
Tag: Live mint
India-Russia summit recognised that each needs the other, and that the drift in bilateral ties needs to be arrested
News: Recently, 21st India – Russia Annual summit took place. The summit highlighted the “all-weather” partnership between India and Russia. Must read: Recent developments in India-Russia Relations – Explained, pointwise Contents1 What are the challenges in India-Russia relations?2 Why does Russia need India?3 Why does India need Russia?4 What should be done? What are the… Continue reading India-Russia summit recognised that each needs the other, and that the drift in bilateral ties needs to be arrested
The nine lives of India’s National Family Health Survey
News: The NFHS data evolved much from the Demographic and Health Survey and became a well-structured one. Must read: NFHS-5 and its findings – Explained, pointwise Contents1 About the Demographic and Health Survey (DHS)2 About the evolution of NFHS3 About the NFHS4 What are the key reasons behind the success of NFHS?5 What are the challenges… Continue reading The nine lives of India’s National Family Health Survey
Why the Reserve Bank wants to have its own digital currency
News: The Indian government and the RBI are getting ready to launch a central bank digital currency (CBDC). This is indicated by the scheduled introduction of the Cryptocurrency and Official Digital Currency Bill, 2021, in the winter session of the Parliament. Further, the government has also received a proposal from the RBI in Oct 2021… Continue reading Why the Reserve Bank wants to have its own digital currency
MSP is no silver bullet to boost farmers’ income
News: Even as the central government has announced its withdrawal of the three farm laws, farmer unions have persisted in their demand to make the minimum support price (MSP) a legal entitlement. But, even if it becomes a legal right, the MSP, in its current form, is unlikely to resolve the problems of Indian farmers… Continue reading MSP is no silver bullet to boost farmers’ income
We’re on a knife’s edge between global reflation and stagflation
News: Massive stimulus packages, given during the pandemic, could lead to high inflation amid low growth, if global production capacity lags overall demand. Contents1 Why the stimulus packages were given?2 What is the consequence?3 What are the implications for India?4 What is the way forward? Why the stimulus packages were given? As the pandemic spread… Continue reading We’re on a knife’s edge between global reflation and stagflation
The Goa government’s TReDS adoption is worthy of emulation
News: Central Govt has taken various steps to improve working capital (capital to manage day-to-day expenses) situation of small businesses. RBI too had launched TReDS platform to towards this end. However, many govt procurers lie outside the coverage of TReDS. It’s in this light that an initiative by the Goa govt assumes significance, wherein it registered… Continue reading The Goa government’s TReDS adoption is worthy of emulation
The brush with crypto offers some lessons for regulation
News: Technology innovation typically remains a step ahead of regulatory frameworks designed with current practices in mind. Problems occur when these innovations push the envelope beyond accepted codes of social and ethical behaviour. At present, innovations in two sectors are a cause of worry for India’s sectoral regulators: Proliferation of Cryptocurrency exchanges and unregulated digital… Continue reading The brush with crypto offers some lessons for regulation
What the new wage rate index series means for salaries?
What is the News? The Union Labour Ministry has revised the Wage Rate Index by setting the new base year at 2016 which will replace the old series with base of 1963-65. What is the Wage Rate Index? Wage Rate Index is a vital economic indicator that measures changes in the wage level in selected… Continue reading What the new wage rate index series means for salaries?
Dadabhai Naoroji: Why this nationalist served as a British MP
What is the news? Recently, Dinyars Patel’s biography ‘Naoroji: Pioneer of Indian Nationalism‘ won the Kamaladevi Chattopadhyay NIF Book Prize 2021. Facts about Dadabhai Naoroji He was an Indian nationalist, educationist, first Indian MP in British Parliament, an Economist, a mentor and belonged to the Parsi community. As an educationist: He began his career as… Continue reading Dadabhai Naoroji: Why this nationalist served as a British MP
