CHINA SUGGESTS SHIFT IN BRI APPROACH
Why in news? China has hinted at a shift in how it will pursue its signature Belt and Road Initiative (BRI) amid growing concerns about debt repayments from…
LISTENING TO THE CALL OF THE INFORMAL
Context and Details: The key question here is: Who benefits from formalisation of informal firms? Formalisation does reduce the last-mile costs for banks. The state finds it easier…
ON THE FRONT FOOT
Why in news? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided at a meeting to keep the interest rates unchanged in the wake…
REDUCE THE COUNTRY’S PREFERENCE FOR CASH
Why in news? The first two weeks of March 2020 saw a jump of about ₹53,000 crore in cash available with the public, a spike over the fortnightly…
NOW OR NEVER: STATES ARE DRIVING BOLD REFORMS
Why in news? Uttar Pradesh, Madhya Pradesh and Gujarat have ushered in radical labour market reforms by freezing a vast number of acts and giving industries flexibility. MP…
MAKING THE PRIVATE SECTOR CARE FOR PUBLIC HEALTH
As the battle against COVID-19 continues in India, it is unclear how well prepared the healthcare system is in dealing with the pandemic. There exist resource constraints at…
GLOBAL REMITTANCES TO WITNESS SHARPEST FALL
Why in news? Global remittances are projected to experience their sharpest decline in recent times — 20% — owing to migrants losing jobs and wages because of the…
INDIA SIGNS $1.5 BILLION LOAN WITH ADB
Focus: GS-II Indian Economy, Prelims Why in news? The Government of India and the Asian Development Bank (ADB) signed a $1.5 billion loan that will support the government’s…