Dehing Patkai Wildlife Sanctuary (WLS) controversy, or should I call it Aarey 2.0? It is surprising to see how the masses fall prey to vicious misinformation campaigns run on social media, whose clear aim is to ensure electoral gains for certain political parties. Elections can make the opposition parties create a mountain out of a …
In the first tranche of the 20 lakh crore economic package, the Finance Minister Nirmala Sitharaman injected Rs.90000 crore to financially stressed state power distribution companies (DISCOMs) so that they can repay their debts to power generation companies (GENCOs) and transmission companies (TRANSCOs). [You may also read: All about Modi’s 20 lakh crore package] & …
Why India’s Power Distribution Sector Needs Reform? Read More »
Finance Minister Nirmala Sitharaman announced the third tranche of Modi’s 20 lakh crore economic package on 15th May. It mainly focussed on the agricultural sector. Besides measures related to strengthening infrastructure, capacity, and logistics, 3 key reforms in the sector were also announced. [You may read- What does Modi’s 20 lakh crore package mean?] This article …
The Finance Minister, Nirmala Sitharaman unveiled the fourth set of the 20-lakh crore COVID economic package as part of the ‘Atmanirbhar Bharat Abhiyan ’. One of the major reforms announced was giving a boost to commercial coal mining in India. [You may also read: Modi’s 20 lakh crore Economic Package- Is it worth all the hype?] Some …
How and why did the Government liberalize coal mining in India? Read More »
The RBI held an unscheduled Monetary Policy Committee meeting to undertake a set of measures to infuse liquidity into the system reeling under the economic impact of the lockdown. [You may also read: The Monetary Policy Committee explained] On 22nd May, the RBI Governor, Shaktikantha Das, addressed the nation. It was his third address since …
RBI cuts rates by 40 bps; maintains accommodative stance Read More »
Reliance Industries Limited (RIL) made the largest ever rights issue in India of Rs.53215 crore on 20th May. Before this, Bharti Airtel and Vodafone Idea came out with rights issues of Rs 25,000 crore each in 2019. Tata Steel did a Rs 12,800 crore rights issue in 2018. Source: ET It is the first such …
We will begin this article by reiterating how important the textile sector is for India. More than 60 % of India’s population is engaged in agriculture and they contribute to just about 15 % of India’s GDP. It indicates that to alleviate poverty, we’ll have to initiate reforms in the agricultural sector and simultaneously encourage …
Why India’s textile sector lost out to Bangladesh? Read More »