INTRODUCTION TO ONE BELT, ONE ROAD (OBOR) INITIATIVE (AlSO KNOWN AS BELT AND ROAD INITIATIVE (BRI) One belt one road, also known as the Belt and Road Initiative (BRI) is a project initiated by Chinese President Xi Jinping. Its objective is to build trade routes between China and the countries in Central Asia, Europe, and …
What is One Belt, One Road (OBOR) initiative or BRI? Read More »
The Lok Sabha passed the Finance Bill 2017 on 29th March this year. The Finance Bill is passed every year after the presentation of the Union Budget to turn the budget into law. But, apart from the usual tax proposals, this year the Finance Bill contains several amendments. This article discusses the controversies surrounding the …
Introduction In February 2017, the Lok Sabha passed the Maternity Benefits (Amendment) Bill, 2016. The Bill had been passed by the Rajya Sabha in August 2016 This bill is an amendment to the Maternity Benefits Act, 1961. This Act protects the employment of women during the time of her maternity and entitles her to a …
The Maternity Benefits (Amendment) Act, 2016- Pros And Cons Read More »
The Economic Survey of 2016-17 has devoted an entire chapter to the Twin Balance Sheet (TBS) problem. The balance sheets of both Public Sector Banks and corporates in India are in terrible shape. The Non-performing Assets (NPAs) of the Public Sector banks have increased to alarming levels. Currently, the NPA ratio stands at 9.1 % …
The Twin Balance Problem With Indian Characteristics Read More »
The most populous state of the largest democracy just witnessed the election phenomenon like never before. Collaborations and allegations surfaced among many other things. It would not be wrong to say that divided minorities in Uttar Pradesh came together and made a clear yet intelligent choice of bringing the Bhartiya Janata Party to power.
It was expected that demonetisation would have an adverse impact on the GDP of the country. This is because demonetisation abruptly pulled out 86 % of the currency in circulation from the economy and caused major disruption, especially in the informal sector which is predominantly cash based and account for 45 % of GDP. (For …
Introduction to Demographic Dividend The demographic dividend is the benefit that can be reaped by an economy when the proportion of the working-age population (15 years to 64 years) is higher than the proportion of dependents (below 15 and above 64) in the economy. If an economy has the above population age structure, more people are in …