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
Tag: Live mint
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
India’s repeal of farm laws won’t resolve our real crisis of farming
News: The repeal of Farm laws is unlikely to end farmer worries. The need of the hour is to reform agriculture. What are the issues being faced by the agricultural sector? Farming in India is faced with many problems that makes farmers livelihood unsustainable. For example, the sector is faced with rising input costs and… Continue reading India’s repeal of farm laws won’t resolve our real crisis of farming
Draft Data Protection Law: Privacy must be held as a fundamental right
News: Supreme Court declared the Right to Privacy as a fundamental right under Article 21. Considering this, Indian data protection law must be based on the principle that we own our personal data and only specified legal processes can deprive us of it. What are the recommendations by Joint Parliamentary Committee? Read here: What are… Continue reading Draft Data Protection Law: Privacy must be held as a fundamental right
The story of India’s falling fertility rate, in five charts
What is the news? According to the latest round of the National Family Health Survey (NFHS 2019-21), India’s Total Fertility Rates (TFR) has reached 2.0 at the national level. Achievement of TFR is a significant feat for the country’s family-planning programme. Must read: NFHS-5 and its findings – Explained, pointwise About the data on NFHS-5 on population Urban-Rural Gap:… Continue reading The story of India’s falling fertility rate, in five charts
Our National Education policy could yet rescue school students
News: On the recommendations of the Kothari Commission, the first National Education Policy was released in 1968. The government has again introduced the National Education Policy 2020, which aims to transform the basic architecture culture and approach of Indian education. Also read: National Education Policy (NEP) 2020: Implementation Plan for School Education How can the National Education… Continue reading Our National Education policy could yet rescue school students
A cautionary tale for banking in Reliance Capital’s collapse
News: Recently, the RBI said that it had superseded the board of a financier controlled by Anil Ambani, appointed an administrator, and would soon be sending the firm to the bankruptcy tribunal. The Reliance Capital saga shows why RBI remains reluctant to allow big business groups into the banking sector, as recommended by its internal… Continue reading A cautionary tale for banking in Reliance Capital’s collapse
Are crime against women keep them out of the job market
News: India’s trend of a Female Labour participation rate (FLPR) is a puzzle for researchers. Contents1 About the status of Female Labour Participation Rate?2 What is the linkage between education and Female Labour Participation Rate?3 What are the factors behind the decline in the Female Labour Participation Rate?4 What is the impact of crime against women… Continue reading Are crime against women keep them out of the job market
On Cryptocurrency regulation – Arguments against regulating Cryptocurrencies are very weak
News: Despite all the arguments being put forward for non-regulation of Cryptocurrency, government should push forward and regulate it. Why Cryptocurrencies need to be regulated? – Self-regulation is not the solution: Once one exchange puts out a misleading advertisement, making false claims of higher returns, rival exchanges are left with no choice but to match… Continue reading On Cryptocurrency regulation – Arguments against regulating Cryptocurrencies are very weak
