Editorials, GS-2, Indian Polity, Uncategorized

Show Me The Money (Money Bill)

Article Link The Lok Sabha has cuccessfully passed the Aadhaar Bill that aims to ensure targeted services to intended beneficiaries by assigning them unique identity numbers. These numbers will be given to each person who has stayed in India for 182 days in the year preceding the date of application. The government, having seen the… Continue reading Show Me The Money (Money Bill)

Editorials, Uncategorized

Azaadi from a colonial rule boo

Article Link Most major Indian laws are legacies of the British, the results of a great codification movement that failed to make much headway in the colonial metropolis, and therefore chose India as its laboratory. Such laws include the Indian Penal Code or IPC (1860), the Indian Evidence Act (1872), the Indian Contract Act (1872),… Continue reading Azaadi from a colonial rule boo

Editorials, GS-2, International Relations, Uncategorized

Four corners of a good deal

Article Link The U.S.-Japan-India trilateral has gained momentum in recent years, with regular meetings and a variety of collective exercises. This proves that India has begun to exert its leadership in the Asia-Pacific region. But, it is not possible for India to be a world leader or an Asian leader without first being a South… Continue reading Four corners of a good deal

Editorials, Environment, GS-3, Uncategorized

Cooling the earth down

Article Link “Climate engineering” has been a buzzword in recent years. Environmentalists believe that climate engineering, along with reduction in carbon emissions, can greatly reduce global warming. What is climate engineering? Climate engineering, also known as geoengineering, describes a diverse and largely hypothetical array of technologies and techniques for intentionally manipulating the global climate, in… Continue reading Cooling the earth down

Editorials, GS-3, Indian Economy, Uncategorized

For a paradigm shift in fiscal deficit

Article Link Whenever there is debate on budget, fiscal deficit, by default, occupies the centre-stage. However, this year it found a special mention in Finance Minister’s budget speech. Finance Minister Arun Jaitley, in his speech, said that “there is a suggestion that fiscal expansion or contraction should be aligned with credit contraction or expansion respectively,… Continue reading For a paradigm shift in fiscal deficit

Editorials, GS-3, Indian Economy, Uncategorized

Oil Price Slip & its impact

Article Link Finance Minister Arun Jaitley has rightly affirmed fiscal rectitude and addressed the challenge of growth and rural distress in the recent Budget. However, analysts feel that the 2016 Budget has failed to lay out a clear roadmap for the petroleum industry, which is already in poor shape. Finance Minister’s budget speech lacked a… Continue reading Oil Price Slip & its impact

Agriculture, Big Picture, GS-3, Uncategorized

Thrust on Agriculture and Rural Economy: Is it a game changer?

It has now been agreed upon by almost everyone that the recent budget has a distinct tilt towards agriculture, farm sector and rural economy. It is being argued that this tilt is due to the impression or rather criticism against the government that it was pro-capitalist, pro-industry and anti-farmers. The finance minister has listed a… Continue reading Thrust on Agriculture and Rural Economy: Is it a game changer?

GS-3, Indian Economy, Uncategorized

Relation between fiscal deficit and bank credit

There is  an inverse correlation between fiscal deficit (fiscal expansion) and bank credit (monetary expansion). That is, if credit growth falls, fiscal deficit may need to rise and if credit rises, fiscal deficit ought to fall — to ensure adequate money supply to the economy. The FRBM Act says it cannot borrow more than 3… Continue reading Relation between fiscal deficit and bank credit

Editorials, GS-3, Indian Economy, Uncategorized

Renegotiation of PPP contracts becomes a reality

Article Link India’s finance minister Arun Jaitley announced three new initiatives on building infrastructure through the so-called public-private partnership (PPP) mode in the national budget he presented to Parliament on 29 February. The three initiatives are: Public Utility (Resolution of Disputes) Bill: It will shortly be introduced in the parliament to streamline institutional arrangements for… Continue reading Renegotiation of PPP contracts becomes a reality

Editorials, Environment, GS-3, Uncategorized

Why the WTO is right in the solar panel dispute

Article Link A World Trade Organization (WTO) panel has ruled against India in a dispute raised by the US over the country’s solar power programme, requiring the government to offer a level playing field to both foreign and domestic manufacturers of solar panels. The panel found that the domestic content requirement imposed under India’s national… Continue reading Why the WTO is right in the solar panel dispute