The Electricity (Amendment) Bill, 2020, has been proposed by the Government of India a few months ago. In a nutshell, it aims to reduce governmental subsidies and expand the ambit of privatisation - especially in the distribution segment of the power sector. Many experts think that the propose...
Education sector highly affected India dropped by two points to reach the rank of 131 out of 189 nations on Human Development Index (HDI) in 2020. India has been in the medium category. India’s UNDP Representative Shoko Noda said at a press conference that the drop of India’s ranking did no...
The insurance sector, particularly the general insurance (GI) sector, popularly called the non-life insurance sector has not been on a rising trajectory in India. There are mainly two broad categories in the insurance sector. One is the life insurance segment and the other is the GI segment. T...
It is an apparently contradictory development that India has one of the biggest free food distribution systems in the world but at the same time it scores very poorly in the Global Hunger Index. One of the main reasons behind this has been that the common people in India are habituated in cons...
Recently, there has been a debate between Professor Arvind Panagariya, former vice Chairman NITI Aayog and Congress leader and former Finance Minister P Chidambaram on the performance of the last four Indian prime ministers namely - Narendra Modi, Manmohan Singh, Atal Bihari Bajpayee and PV Narasimh...
India has ranked 94th among 107 countries in the Global Hunger Index (GHI) 2020. This implies that the Indian government has failed to provide adequate food to a substantial portion of the country’s population. The target of achieving zero hunger by 2030 is very difficult. Even before the Cov...
Most of the industries in India have been in crisis. Many of them are expecting the government's help to rescue them from both supply side and demand side constraints that they have been facing for months.The tea industry of the country speaks differently although it had to suffer huge production lo...
Paul R. Milgrom and Robert B. Wilson have been awarded the Nobel Prize in Economics in 2020. Both are Americans and professors of Stanford University. They won the Nobel Prize for designing mathematical models that promote improvements in the auction theory and for inventing new auction format...
India has been globally famous for its handloom industry for centuries. From the early seventeenth century, India’s two principal export items to Europe were food grains and textiles. In exchange, India predominantly imported horses and precious metals – mainly silver. For more than two centurie...
The Reserve Bank of India (RBI) has further extended the opportunity to banks to avail funds under the Marginal Standing Facility (MSF) by dipping into the Statutory Liquidity Ratio (SLR) up to March 31, 2020. So, the banks according to the RBI press release on September 28, can avail up...