14 May 2020 Op-Ed is a collection of editorials which may be useful for UPSC, RBI G B and other top exams. Diluting the APMC, MSP regimes isn’t a good idea 1. The mainline economists usually blame the denial of freedom to farmers to sell as the main reason of agrarian distress.APMC (Agricultural Produce Market …
States need more funds than allowed by the FRBM Act 1. As per the Escape Clause of FRBM (Fiscal Responsibility and Budget Management Act) states are supposed to manage their fiscal distress with the additional 0.5 per cent leeway (in addition to 3 per cent of GSDP). *GSDP= Gross State Domestic Product 2. But this …
April 27, 2020 NBFCs will play a pivot for growth revival. Let more liquidity flow 1. Several decisions have been taken to ensure the survival of the NBFC sector. The RBI slashed the repo rate, introduced a 3-month loan moratorium to provide relief to borrowers and announced measures like LTRO for lending to NBFCs (with …
Op-Ed is the collection of important editorials published in last few days (19th April,2020). It helps you in saving time as well as you can build your knowledge base. A reality check for India’s monetary policy In this article, the writer discusses about the slip-ups of the monetary policy. 1. In its recent Monetary Policy …
This the first volume of Op-Ed for year 2020. These volumes will be updated once in a week and it will be helpful in building an opinion towards core economic issues. If any aspirant wants to volunteer and help in preparing these op-eds he/she can submit her article to us. Contact on maggubhai121@gmail.com to know …
During the general election of 2019 the vision of ‘One Nation-One Election’ coined out and became a trending topic of discussions. ‘One Nation-One Election’ is an idea to held elections to Lok Sabha and all the States Assemblies together. It is also known as ‘Simultaneous Polls’ . One of the main proponents of this concept …
When the latest budget of the Government of India was being debated on prime time television channels in early August, an economist, who is also a member in the Prime Minister’s Economic Advisory Council, said: “One of the best ways to double farmers’ income is to halve the number of farmers.” It surprised me and …
How forests can help in doubling farmers’ income Read More »
Rural India seems to be the step-child of the development model being followed since long. The narrative being peddled by the urban economic “pundits” and the Ivy League “babus”, being seconded by policymakers, is that the best way forward is to take the agriculture labour out of the villages and into the cities. But the million-dollar …
The Hindu Businessline The Reserve Bank of India’s Special Edition of the Report on Currency and Finance contains a comprehensive account of the evolution of banking in post-Independence India, which inherited a system where small private banks proliferated — 56 per cent of all bank deposits in 1947 lay with the 81 scheduled and 557 non-scheduled private …
The special report on Climate Change and Land released on August 8, 2019, by the Intergovernmental Panel on Climate Change (IPCC) illustrates this difficulty. It delivers a wake-up call for policymakers — that aggressive forestry targets do not excuse cowardice in cutting emissions from fossil fuel use. To make this case, it explicitly identifies the limits of carbon sequestration …
