On Effective Use of Public Procurement – Public procurement for Make in India

Source: The post on Effective Use of Public Procurement has been created based on the article “Public procurement for Make in India” published in “Business Standard” on 6th December 2023. UPSC Syllabus Topic: GS paper 3- Economy- Effects of liberalisation on the economy, changes in industrial policy and their effects on industrial growth. News: The… Continue reading On Effective Use of Public Procurement – Public procurement for Make in India

Hidden costs of agriculture in India – The need to transform agri-food systems

Source: The post Hidden costs of agriculture in India has been created on the article “The need to transform agri-food systems” published in “The Hindu” on 5th December 2023. UPSC Syllabus Topic: GS paper 3 – Economy- agriculture (issues of buffer stocks and food security) News: The article discusses a United Nations Food and Agriculture… Continue reading Hidden costs of agriculture in India – The need to transform agri-food systems

Retrospective taxation and the Taxation Laws (Amendment) Bill – Explained, pointwise

Contents1 Introduction2 What is retrospective taxation?3 The History behind retrospective tax law 4 Salient provisions of the Taxation Laws (Amendment) Bill, 20215 Implications of Retrospective taxation laws 6 Rulings against India’s retrospective taxation in the past:7 Significance of Curbing Retrospective taxation laws  Introduction The government has recently introduced the Taxation Laws (Amendment) Bill, 2021, in Parliament. The bill seeks to… Continue reading Retrospective taxation and the Taxation Laws (Amendment) Bill – Explained, pointwise

What India’s labour force survey actually says about employment

Sources: Livemint, The Indian Express and The Hindu Relevance: This article explains the recent PLFS survey and associated issues Contents1 Synopsis:2 Introduction3 Key findings of the Quarterly Bulletin of PLFS:4 About the significance of the recent PLFS:5 Reason for high jobs during low economic activity:6 Challenges exposed by the PLFS7 Conclusion: Synopsis: The Periodic Labour Force… Continue reading What India’s labour force survey actually says about employment

Periodic Labour Force Survey and Unemployment in India- Explained, pointwise

Contents1 Introduction2 What is the Periodic Labour Force Survey?3 What are LFPR, WPR and UER?4 The LFPR and UER in the past:5 What does the Low LFPR and High UER imply?6 Why the recent Periodic Labour Force Survey (PLFS) reports are signifying?7 Causes of unemployment in India8 Suggestions to reduce the unemployment rate Introduction The… Continue reading Periodic Labour Force Survey and Unemployment in India- Explained, pointwise

Food security in India and its challenges- Explained, pointwise

Contents1 Introduction2 India’s food production capacity3 Impact of the pandemic on Food Security4 Government measures to improve food security during the pandemic5 Challenges to food security6 Suggestions to improve food security7 Conclusion Introduction With a reduction in COVID-19 infections as the second wave weakens in India, it is important to focus on the pandemic’s disruptive… Continue reading Food security in India and its challenges- Explained, pointwise

India’s renewable energy plan of 175 GW by FY22-end faces multiple risks

Source: The Business Standard Relevance: There are certain problems associated with the renewable energy sector which is hurting India’s renewable energy targets. Synopsis:  India is now chasing its target of 450 GW of renewable power by 2030. However, several issues, including delays in the signing of power sales agreement (PSAs) stand in the way of realising… Continue reading India’s renewable energy plan of 175 GW by FY22-end faces multiple risks

How effective is the Ease of doing business index? – Explained, pointwise

Contents1 Introduction2 About Ease of Doing Business Index (EoDB)3 India’s performance in the recent EoDB Index4 Major reforms initiated by the government to improve EoDB in India5 Advantages of EoDB rankings6 Problems with the concept of EoDB7 Challenges faced by Indian Entrepreneurs8 Suggestions to improve Business in India Introduction India improved its global rank in… Continue reading How effective is the Ease of doing business index? – Explained, pointwise

Hope fades for PSBs

Source: Business Standard Relevance: Resolving problems faced by PSBs Synopsis: Govt cannot keep infusing capital constantly. Hence privatization of PSB’s will be the ideal route. Contents1 Background:2 Why government need to recapitalize PSB’s?3 Increasing Bad loans4 Reasons for Bad loans5 Way forward Background: Public sector banks (PSBs) are reported to have written off about Rs… Continue reading Hope fades for PSBs

For Cairns dispute, international arbitration is not the way forward  

Source: Indian Express Relevance: Various dimensions of the Cairn issue Synopsis: The recent move by Cairn to seize India’s sovereign assets has many grey areas of law that need due consideration. Background: Britain’s Cairn Energy Plc has secured an order from a French court authorizing the freezing of 20 Indian government properties in Paris valued at… Continue reading For Cairns dispute, international arbitration is not the way forward  

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