Why ex-bureaucrats speak up

Source: The Indian Express Relevance: The new government rules restrict free speech and impact the transparency and accountability of the government. Synopsis: The new government rules restrict the free speech of retired bureaucrats. About the new rules: The central government recently prohibits officers who retired from 25 critical organisations not to publish anything without taking… Continue reading Why ex-bureaucrats speak up

‘GNPA ratio may rise up to 11.2% in FY22’

Sources: The Hindu, The Business Standard (Article 1, Article 2) Syllabus: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Relevance: The problem of NPA is still impacting the Indian economy and the recent Financial Stability Report also highlights it. About the news: The Reserve Bank of India (RBI) recently… Continue reading ‘GNPA ratio may rise up to 11.2% in FY22’

All WHO-approved jabs must be recognised for travel: UN

Source: The Hindu Relevance: Vaccination is essential for global economic recovery. The World Health Organization recently said that any COVID-19 vaccine it has authorised for emergency use should be recognised by countries as they open up their borders to inoculated travelers. The move could force Western countries to broaden their acceptance of two apparently less… Continue reading All WHO-approved jabs must be recognised for travel: UN

Delhi’s lame duck Assembly

Source: The Hindu Relevance: The GNCTD Act impact the functions of the Delhi Legislative Assembly and Federalism. The Government of National Capital Territory of Delhi (GNCTD)(Amendment) Act, 2021 is criticised as a retrograde law. The bulk of criticism has been focused on the reduced autonomy of the elected government and the consequent vesting of several… Continue reading Delhi’s lame duck Assembly

Order & stability in power supply

Source: Business Standard Synopsis: India’s solar energy price reduction needs other reforms from the government to enhance India’s solar capacity. About Japanese investment in solar energy: In 2015, Japan’s SoftBank Group announced the intention to invest $20 billion in India in solar projects through SB Energy (SBE). It seemed ideal for India. With abundant sunshine… Continue reading Order & stability in power supply

Patent waiver talks falter on developed nations’ hurdles

Source: Times of India Synopsis: After showing some promise, the patent waiver talks at the World Trade Organization (WTO) have hit a hurdle due to a split between the developed and developing countries. What developing countries want, and what is the EU proposing? India and South Africa have suggested that their proposal for Covid drugs,… Continue reading Patent waiver talks falter on developed nations’ hurdles

Economic reforms in 1991 – Explained, pointwise

Source: The Hindu and The Business Standard Syllabus: GS 3 – Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Relevance:  Economic reforms of 1991 revolutionized the Indian economy. It is important to analyze their success and failures. Introduction Three decades after India embarked upon the path of… Continue reading Economic reforms in 1991 – Explained, pointwise

Small doses

Source: The Hindu Synopsis: The first relief package for the second COVID-19 wave falls short of expectations Few major highlights of relief package: Rs 1.1 lakh crore loan guarantee scheme for COVID affected sectors Additional fund for Emergency Credit Line Guarantee Scheme Extension of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) – Free food grains from May to November… Continue reading Small doses

No HC relief to digital news portals seeking stay on IT rules

Source: The Indian Express  What is the news: The digital news portals seek a stay on the applicability of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 on digital news media. But the Delhi High Court has declined to pass any order in favor of the digital news portals.  What did the… Continue reading No HC relief to digital news portals seeking stay on IT rules

World Bank’s Global Economic Prospects (GEP)

Source: Livemint Syllabus:  Indian Economy and issues relating to planning, mobilization, of resources Synopsis: The World Bank releases a Global Economic Prospects (GEP) report twice a year. It is the most important source for evaluating the current and future outlook for emerging markets and developing economies (EMDEs). The recently released edition is significant because of the… Continue reading World Bank’s Global Economic Prospects (GEP)