Animal Spirits Are Back (On upsurge in investment)

Source: Times of India Relevance: Private investment to boost economic growth post-COVID Synopsis: The post-demonetisation, post-GST, and post-Covid economy is witnessing the rise of a new middle sector among Indian companies, that want to grow. Context The pandemic that caused economic damage all over the world has led most governments to provide enormous stimulus support… Continue reading Animal Spirits Are Back (On upsurge in investment)

Why central government schemes to improve financial position of discoms have not worked?

Source: Indian Express Relevance: issues related to assistance schemes for discom sector Synopsis: Due to the problems associated with reform-linked assistance schemes, an alternate approach would be to provide only transitional financial support to all discoms, which are privatised under the private-public partnership mode. Context Recently, the government launched a new scheme to improve the… Continue reading Why central government schemes to improve financial position of discoms have not worked?

The climate crisis: An opportunity for India

Source: Business Standard Relevance: Fighting climate change. Synopsis: Global warming threat has opened a new path to growth for India that will only advance its economic prospects. Background IPCC’s 6th Assessment report has unambiguously stated that various significant impacts of climate change have already taken place. These may in fact be irreversible. Also, that the… Continue reading The climate crisis: An opportunity for India

Can we offer a credible strategy for the reduction of emissions?

Source: Livemint Relevance: Understanding India’s strategy for COP26 (UN Climate Change Conference) meeting at Glasgow in Nov 2021. Synopsis: With the recent IPCC report highlighting code red for our planet, India needs to evolve its emission reduction strategy too. A brief look at the India’s current strategy, why it needs changing, associated challenges and potential… Continue reading Can we offer a credible strategy for the reduction of emissions?

The silent rise of Small Finance Banks (SFBs)

Source: Live Mint Relevance: Financial inclusion and measures taken by RBI Synopsis: Challenges faced by SFBs and Criticism against them Background SFBs have grown rapidly since RBI first carved out this category half a decade ago in Indian financial system. In Financial Year (FY) 2018 – 2020, SFBs registered a phenomenal growth by doubling the… Continue reading The silent rise of Small Finance Banks (SFBs)

The repeal of the retrospective tax shows Modi government means business on reforms

Source: The Indian Express Relevance: This article explains government actions to boost investor confidence Synopsis: Along with the taxation Laws (Amendment) Bill, India has taken many steps to boost investor confidence. Introduction: The government has recently introduced the Taxation Laws (Amendment) Bill, 2021, in Parliament. The bill seeks to nullify the contentious retrospective tax law by amending the Income Tax (IT)… Continue reading The repeal of the retrospective tax shows Modi government means business on reforms

Indian startups deserve an easier shot at success

Source: Livemint Relevance- Regarding Limited Liability Partnerships (LLPs), their significance and need for further reforms. Synopsis:  Recently, the Limited Liability Partnership (Amendment) Bill, 2021, got the approval of Lok Sabha. Need for it and the changes introduced. Background An enactment of law in 2008 allowed the emergence of large joint-stock companies as LLPs, with the… Continue reading Indian startups deserve an easier shot at success

Connecting India by inland waterways

Source: Indian Express  Relevance: Infrastructure development, Inland waterways  Synopsis: Recently, Parliament passed a new law to bring uniformity in the rules and regulations governing inland waterways and navigation on them. The Inland Vessels Bill, 2021 replaces the century-old Inland Vessels Act, 1917. Background Read here: Indian Vessels Bill 2021 Issues with the 1917 Act The 1917 Act was seen as a purely consolidating… Continue reading Connecting India by inland waterways

Revisit the idea of ‘aging out’ India’s coal plants

Source: The Hindu  Synopsis: It is right to let old coal capacity fade away in due course, but age shouldn’t be used as the sole criteria for it. The focus should be on doing detailed analysis and weeding out the needless capacity in the pipeline, to derive long-term economic and environmental benefits. Background: The government… Continue reading Revisit the idea of ‘aging out’ India’s coal plants

Fighting the climate change – India’s way ahead (On IPCC report)

Source: TOI, Indian Express, Business Standard 1, Business Standard 2 Relevance: Fighting the climate-change crisis. Synopsis: India is already taking many steps to combat climate change, but it needs to do more to ensure climate-adaptation and mitigation are at the heart of every government policy. Steps taken by India INDC Targets: India is well on… Continue reading Fighting the climate change – India’s way ahead (On IPCC report)