The New Education Policy 2020 (NEP) has been approved by the Indian Cabinet. It is expected that it would get legal status easily. The purpose of the discussion has been the place of skill development in the country and the role of the NEP in it. Anyone can comprehend that without achievi...
The Indian government is going to open the coal sector for private participation in commercial coal mining. Amitabh Kant, CEO, NITI Aayog, Government of India, has pointed out some reasons that support the decision of privatisation of coal blocks.First, India has the second largest coal reserv...
Kharif sowing has been better this year owing to the good monsoon. It is being widely believed that a good monsoon (this year) can save the Indian economy - in the backdrop of the economic downturn following the Covid 19 pandemic. A well-performing agricultural sector means good employment gen...
The Indian economy has been going through a recession during the Covid-19 phase. However, the case of the Indian economy stands out. The economy was slowing down for about two years preceding the pandemic.Economic growth came down to 3.9% in the fourth quarter of the last fiscal, which was the lowes...
A negative impact of the Covid-19 period has been the negligence in the management of bio-waste in the country.Doubts in following CPCB guidelines for Covid treatmentA large number of observers, like members of prominent NGOs, members of doctors’ forums and several stakeholders have been concerned...
In India, Micro Small and Medium Enterprises (MSMEs) were defined for the first time by the MSME Development Act of 2006. The two criteria for defining MSMEs were investment in plant and equipment for manufacturing and investment in equipment for services. Investments in land and building, cos...
Recently, the Indian President Ram Nath Kovind approved an ordinance by the Union cabinet that seeks to amend the Banking Regulation Act of 1949. The amendments are applicable to urban cooperative banks (UCBs) and seek to bring the UCBs under the supervision of the Reserve Bank of India (RBI)....
There was an apprehension among the people on the eve of the lockdown of that they would have to suffer to get the essential items for daily use from the markets. But thanks to the state governments for their decisions to keep open all the grocery shops and markets for vegetables. Those who de...
Almost all the industries of the world have been facing demand shortages in the Covid-19 period. Surprisingly, the jute industry in India has been an exception. This industry has been thinking of how to meet the supply of products according to the market requirements. “Jute industry is not a...
A notable feature of the Indian economy in the Covid-19 period has been the good performance of agriculture. The growth rate agriculture and allied sectors achieved was 4% in FY 2019-20, a targeted rate of growth of agriculture to stabilise the Indian economy. This is considered to be sp...