Editorials, Uncategorized

Payments banks aren’t looking that lucrative anymore

Article Link Summary: Three firms—Tech Mahindra; Sun Pharma promoter Dilip Shanghvi and his partners IDFC Bank Ltd and Telenor Financial Services; and Cholamandalam Investment and Finance Co- have withdrawn their applications to start payment banks. These firms, along with eight other firms, had obtained in-principle approvals from the RBI in August 2015 to start payment… Continue reading Payments banks aren’t looking that lucrative anymore

GS-3, Indian Economy, Uncategorized

Govt. targets 120 mn tonne capacity addition in ports

The Hindu News: Union Shipping Minister has set an ambitious target of capacity addition at 12 major ports by 120 million tonnes in 2016-17. These ports had added the highest-ever capacity of 94 million tonnes in 2015-16. Minister has asked shipping ministry officials to aim for awarding new projects to add capacity of 180 million… Continue reading Govt. targets 120 mn tonne capacity addition in ports

Editorials, GS-3, Indian Economy, Uncategorized

The ease of living in India: 25th Anniversary of 1991 Reform

The Hindu 25th anniversary of the 1991 reforms approaches, it would be legitimate to take stock of what has been achieved. The crisis of 1991 In 1991, the focus of the reforms had been on trade, exchange rate and industrial policies. This had everything to do with the immediacy of the balance-of-payments crisis the economy… Continue reading The ease of living in India: 25th Anniversary of 1991 Reform

Editorials, Uncategorized

Moving towards a water pricing regime

Summary: Water has now become a scarce natural resource in India. Two back-to-back droughts have further aggravated this problem. Water scarcity is both a natural and man-made phenomenon. Over the years, increasing population, growing industrialisation, expanding agriculture and rising standards of living have pushed up the demand for water. Many human factors influence the availability… Continue reading Moving towards a water pricing regime