Richer, and poorer: Inequality will continue to scar the economy long after Covid leaves us

Source: Times of India Relevance: Covid pandemic has increased the already huge inequality in the world. Steps to tackle this should be initiated. Synopsis: There is a high possibility that the post-Covid world would be a more unequal world. Introduction Mass deaths reduced the labor force, and post-pandemic labor scarcity resulted in increased pay. Inequality… Continue reading Richer, and poorer: Inequality will continue to scar the economy long after Covid leaves us

Stimulus ‘inadequate’, 25% of MSME loans may default: Panel

Source: Indian Express Relevance: A legislative group assessed the stimulus package for MSMEs by the Central government. Synopsis: Concerned about the dire state of small businesses, the committee advised that the government announce a “bigger economic package aimed at increasing demand, investment, exports, and job creation to help the economy, particularly MSMEs.” Introduction  The stimulus… Continue reading Stimulus ‘inadequate’, 25% of MSME loans may default: Panel

Strengthen the Code

Source: Indian Express Syllabus: GS 3 Synopsis: The IBC’s results have fallen short of expectations. The procedure must be simplified. Introduction  The Insolvency and Bankruptcy Code (IBC) was established by Parliament five years ago, bringing about a structural change in the framework that regulates India’s corporate insolvency resolution procedure.  The IBC establishes a time limit… Continue reading Strengthen the Code

Healthcare privatization has not served India well

Source: live Mint Synopsis: Our failure to invest in public health facilities has resulted in a disproportionately large role for private services in this industry.  Introduction  India opened its markets to private participation 30 years ago.  Overall, sectors dominated by private players boast of a reasonable degree of competitive intensity. The value delivered for prices… Continue reading Healthcare privatization has not served India well

A climate risk

Source: The Hindu Relevance: The article highlights the impacts of Climate Change on the seasons of India. Synopsis: Only adequate planning can protect against nature’s unavoidable extremes. What changes have occurred in the climate trends over the Arabian Sea? State the reasons for the same. In the previous two decades, the frequency and intensity of… Continue reading A climate risk

SC junks part of 97th amendment

Source: Hindu What is the news? The Supreme Court has knocked down portions of a constitutional amendment that limited states’ exclusive control over cooperative organizations. Introduction Part IXB, added to the Constitution in 2012 by the 97th Amendment, outlined the rules for operating cooperative organizations. The amendment’s provisions, which were passed by Parliament without being… Continue reading SC junks part of 97th amendment

Govt may hike OBC creamy layer slab

Source: Livemint What is the news? The Union government is considering raising the creamy layer income threshold for other backward classes (OBCs) beyond the current Rs 800,000 per annum. Introduction The Union government is said to be considering raising the barrier to Rs 1.2 million, bringing more people under the OBC reservation who may have… Continue reading Govt may hike OBC creamy layer slab

It is time for New Delhi to review its old ‘one China’ policy stance

Source: Live mint Relevance: The article highlights one of the policy measures available with India, against Chinese aggression. Synopsis: India should adopt tougher positions on Tibet and Taiwan as it recalibrates ties with Beijing after China’s border aggression Introduction  Prime Minister Narendra Modi publicly congratulated the Dalai Lama on his 86th birthday. It was the… Continue reading It is time for New Delhi to review its old ‘one China’ policy stance

How education can combat prejudice

  Source: click here Synopsis: Education can combat caste and religious discrimination by critically interacting with the perceptual histories that children have internalised. Introduction The conviction and sentence of a police officer for the murder of George Floyd is a huge victory for the US Black Lives Matter movement. Despite a long and significant effort… Continue reading How education can combat prejudice

Puzzle out how to make vax ring-fences succeed

Source: Live Mint Relevance: A forest fire-based ring-fence approach is useful to contain Covid spread also. Synopsis: The concept of using vaccine rings to prevent Covid flare-ups deserves a try. Introduction  For the past two months, the deadly 2nd wave of Covid has been waning, but the number of daily infections is alarmingly high. Over… Continue reading Puzzle out how to make vax ring-fences succeed