Tag: Live mint

News:  Data-sharing infrastructure projects in India are accelerating. The most visible developments in Data-sharing infrastructure projects are seen in the financial sector. For instance, the recently-launched account aggregator framework made it possible for over 300 million users to share their data with different financial entities across the credit ecosystem. Similar activity is also underway in… Continue reading The value and vulnerability of centralized data storage

News: Economy is affected by two types of shocks exogenous and endogenous.  Exogenous shocks are those that come from outside the system, like the COVID-19 pandemic.  Endogenous are those which come from within the system, like the 2008 North Atlantic financial crisis. What are the economic lessons that one can draw from the pandemic?  The… Continue reading What the pandemic has taught us about the economics

News:   The withdrawal of the farm laws has pushed back reforms that could have helped in commercializing this sector. The farm reforms did not introduce anything that was not happening in the pockets of the country already. Yet, reforms have been rejected for vested interests. Reversal of these reforms will hamper the growth of the… Continue reading Farm reform: the Achilles’ heel of any Indian government

News: The commerce ministry’s Open Network for Digital Commerce (ONDC) project is reportedly getting final touches for an online debut within a few months. While India’s experience of state market ventures is bad, this project is indeed a worthy move. Must Read: How ONDC seeks to democratize digital commerce? Why state’s interference in the e-com… Continue reading E-com competition as a worthy policy response

News: The failure of labour markets and institutions in addressing gender-specific constraints has led to gender inequality in employment.   Contents1 What is the situation of Gender equality in India? 2 What are the reasons for gender inequality in employment? 3 What are some examples that things are changing in India? 4 What is the way forward?  What is… Continue reading False stereotypes must get out of gender equality’s way

News: 50 women partners of Urban Company’s (UC) salon and spa vertical are protesting against policy changes that will come into effect from January 2022. These, they claim, will affect their ability to earn and are therefore unfair labour practices. UC, India’s largest home-services provider, has filed a lawsuit in Gurugram’s district court against the… Continue reading Our expanding gig economy must treat workers fairly

News: The opportunity in high-end semiconductor chip manufacturing is huge, but India must create an entire ecosystem that can deliver innovative products. Must Read: Semiconductor chip manufacturing in India – Explained, pointwise Moreover, India also needs to be wary of cheaper chip alternatives from Taiwan and China, especially considering the Chinese plans of controlling most… Continue reading It’s not too late for India to gain a global edge with high-end chips

News: The OPEC+ group of oil producers celebrated their fifth birthday in early December. They first came together to face the threat posed by the US shale boom back in 2016. However, their future wasn’t much easier. The group was on the verge of collapse in 2020, but it was saved by the covid pandemic.… Continue reading Opec+ should expect plenty of turbulence in the years ahead