RBI microfinance proposals that are anti-poor
Context: The Reserve Bank of India (RBI) proposed to lift the interest rate cap on Microfinance Institutions (MFIs), and said all micro loans should be regulated by a…
Crackdown in China, hope in India
Context: In 2020, China stopped Ant Group’s blockbuster initial public offering and since then high-profile crackdowns on Chinese tech companies are increasingly common. Relevance: GS-II: International Relations (India’s…
Oil importer India’s options as price surges
Context: As the world’s third-largest oil importer and consumer, India is running out of options as the relentless surge in international oil prices make it imperative to pass…
Government notifies new rules to clear retro tax mess
Context: Setting the stage for a closure of the retrospective tax disputes over indirect transfer of assets situated in India, the government notified new rules under the Income…
A lesson from China on gig workers’ rights
Context: In September 2021, the Indian Federation of App-based Transport Workers, on behalf of gig workers, filed a public interest litigation in the Supreme Court demanding that the…
On Census: What counts is seldom counted?
Context: This is the first time that India has not conducted its decadal Census since the exercise began and yet India is busy debating the caste census. Relevance:…
The end of the doing business rankings
Context: The World Bank Group has decided to discontinue publication of its ‘Doing Business’ rankings of country business climates under its ‘Doing Business’ report after findings of data…
The economic reforms — looking back to look ahead
Context: The crisis caused by the COVID-19 pandemic has led to a debate about fresh thinking and new approaches to managing the economy and the future of humanity….
Orders issued for Ordnance Factory Board dissolution
Context: The Defence Ministry has issued an order for the dissolution of the Ordnance Factory Board (OFB) with effect from October 1 2021. This would mean the end…
Jobs increased by 29% since 2013, says survey
Context: The All-India Quarterly Establishment-based Employment Survey (AQEES), in a report released recently, said that the overall employment numbers had increased by 29% from the base year of…