GS-3, Social Empowerment, Uncategorized

The measure of poverty

Recently, the government released data from the Socio-Economic Caste Census (SECC) 2011. There has been comment that hereafter, we need not have consumption-based poverty estimates using NSS (National Sample Surveys) data. It is thought that SECC data will alone be enough to estimate poverty and deprivation. Here, we briefly examine the differences between the two… Continue reading The measure of poverty

GS-3, Indian Economy, Uncategorized

Centre’s nod for NIMZ in Medak

Centre’s nod for NIMZ in Medak The government has granted the final approval to the National Investment and Manufacturing Zone (NIMZ) at Zaheerabad in Medak district, Telangana. The estimated total investment by the manufacturing industry by the end of the ultimate phase of the NIMZ’s development is Rs.17,300 crore and the employment generation is about… Continue reading Centre’s nod for NIMZ in Medak

GS-3, Indian Economy, Uncategorized

The neglected impact of a rate cut

Issue Impact of a rate cut on the exchange rate Problems before the Indian economy A gloomy world economic scenario Over-leveraged corporate balance sheets An extremely weak rural demand. How could rate cut depreciate the exchange rate? Ninety-five per cent of India’s investment comes from domestic sources. Further, a significant portion of foreign direct investment… Continue reading The neglected impact of a rate cut

Editorials, GS-3, Indian Economy, Uncategorized

RBI to ease registration process for NBFCs

Reserve Bank of India (RBI)  has decided to simplify the registration process for non-banking finance companies (NBFCs). What is a Non-Banking Financial Company (NBFC)? A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority… Continue reading RBI to ease registration process for NBFCs

GS-2, International Relations, Uncategorized

UK exit could be good for Europe

Brexit(Britain’s exit) from the European Union(EU) What is the European Union? The European Union – often known as the EU – is an economic and political partnership involving 28 European countries. It began after World War Two to foster economic co-operation, with the idea that countries which trade together are more likely to avoid going… Continue reading UK exit could be good for Europe

Editorials, GS-2, Indian Polity, Uncategorized

True Panchayati Raj

Context Government wants meaningful self-governance at the grassroots level How the government intends to do it Strengthening gram panchayats and a belief in 3D’s – decentralisation, devolution and development Issue States are asking for more powers which is rightly so, but the states are less interested in giving powers to the local bodies along with… Continue reading True Panchayati Raj

Editorials, GS-2, International Relations, Uncategorized

Raja-Mandala: Aligning with the far to balance the near

Issue How India should calibrate its relationship with US and China Expert Analysis Policymakers in the foreign policy believe that expanding the military partnership with the United States might have huge negative consequences for Delhi’s engagement with Beijing. Thus they form US policy on the basis that, what China would think of it. But the… Continue reading Raja-Mandala: Aligning with the far to balance the near

Editorials, GS-3, Uncategorized

How to measure poverty

What Panagariya suggested Tendulkar committee’s report should be accepted for poverty estimation for estimation of economic performance Socio-economic indicators should be used for determining the entitlement for benefits Tendulkar Committee Tendulkar committee was based on calorie consumption(based on Alagh poverty line) It suggested that the expenditure required to meet this goal should be the poverty… Continue reading How to measure poverty

Editorials, Uncategorized

Cure for high medicine bills: A generics prescription law

Context The central government is considering the introduction of a law to make it mandatory for the doctors to prescribe generic drugs Why So that everyone can access affordable medicines from state-run Jan Aushadhi stores. What is Jan Aushadhi stores? ‘Jan Aushadhi’ is a campaign launched by the Department of Pharmaceuticals in association with Central… Continue reading Cure for high medicine bills: A generics prescription law

Editorials, GS-3, Indian Economy, Uncategorized

Sensitise States, don’t intimidate them

Article Link The finance ministry is preparing a model Centre-State Investment Agreement (CSIA), for effective implementation of the Bilateral Investment Treaty it is set to sign with other countries. The draft will shortly be presented to the Cabinet for approval. What are BITs? BITs protect investments made by an investor of one country into another… Continue reading Sensitise States, don’t intimidate them