The Financial Express

The Financial Express

RBI’s issues go Viral! Deputy Governor’s exit strengthens view that govt uneasy with dissent

It is true that most expected Deputy Governor Viral Acharya to quit when Patel did.

Viral Acharya, rbi, reserve bank of india News

Why south Indian states spend more on tertiary education

The southern states outperform most of their counterparts elsewhere in the country in terms of human development. Recent research, however, has found that regional differences exist not only in educational outcomes but also i

education, education sector, education industry News

Why India must enable country’s space start-ups

Becoming a space power will need India to encourage private sector in space-defence.

spacex, start yp sector, start up industry News

WrongDose: WHO legitimises TCM, traditional medicine shouldn’t be dismissed

WHO legitimises TCM; traditional medicine shouldn't be dismissed, but surely the unscientific should be discarded?

Opinion News

Double farm incomes by investments, not subsidies

WTO scrutiny will prevent a big hike in farm subsidies by govt, but fixing markets is a far more efficient solution anyway.

Opinion News

Higher education regulations still anchored to outdated norms

As Modi 2.0 looks at NEP to inspire its higher education regulation vision, it must also be careful to avoid the risk inherent in some recommendations.

Opinion News

Job creation: World Bank report shows rural roads helped non-farm employment rise

A World Bank report on PMGSY shows rural roads have helped non-farm employment rise in three states.

Opinion News

Lateral hires a great idea, need a Nandan Nilekani now

Between sacking officials and importing talent, big moves on bureaucratic reform; need a Nilekani-type thinker too.

Opinion News

IL&FS thrived due to its bureaucratic cover, go after them

IL&FS thrived due to its bureaucratic cover, time to go after them.

Opinion News

Nal se Jal needs getting jal right

Else, the “piped water for every household” vision could end up a pipe dream.

Opinion News

Encephalitis menace: How Bihar failed its children

Blame state apathy for the rise in encephalitis toll this year.

Opinion News

What carries the greatest degree of threat to scribe’s life

Environment reporting—second only to conflict reporting—carries the greatest degree of threat to the scribe's life.

Opinion News

BPPI finding 25 batches of drugs entering Jan Aushadhi to be substandard

The Jan Aushadhi scheme aims to make generic drugs affordable to the poor. While BPPI has promised strict action against the companies—from banning the sale of the respective batches to blacklisting them, one of the 18 is a

Opinion News

Plastic a significant environment risk, replacement pose other environmental risks

The ministry estimates that a cotton tote would have to be reused 7,001 times more than a LDPE bag to prove an effective substitue, thanks to the environmental footprint of cotton cultivation and the manufacturing for the bag

science researcher, track plastic waste, Indian Ocean, plastic pollution, island beach News

West Bengal medical crisis a symptom of underfunded public health

In West Bengal, this ratio stands at 1:10,411—while this may seem palatable in comparison to the national average and the worst-performing Bihar's 28,391 patients per doctor, the WHO's ideal doctor-to-patient ratio is 1:1,0

West Bengal doctors strike, doctor strike in bengal, latest updates on doctors strike, Mamata Banerjee, NRS Medical College and Hospital, ESMA, juniors doctors strike News

Minor fix on ESIC suggests no big labour reforms soon

Given how group insurance costs a lot less, surely the government could have given workers more options that cost a lot less and probably give better cover.

Modi win market effect, sugar industry india, global sugar market News

Illiberal Left: Kerala govt booked 119 since 2015 for objectionable posts against CM

While some of the posts included death threats and casteist slurs—where it can be argued that there was legitimate cause for action—there are a good many instances where the state government has acted against individuals

Kerala govt booked 119 since 2015 for objectionable posts against CM News

Why India must respect international arbitration

India’s 3-crore-plus pending cases in various courts, and the decades it takes to get justice, is both a source of immense hardship for those unlucky enough to have legal trouble as well as one of the main reasons for India

While the government-Supreme Court standoff is seen as one of the reasons for this, it is just a small part of the picture. News

National Medical Commission Bill: Time is right to end reliance on stop-gap medical watchdogs

The NMC Bill, as was presented in Parliament, was not without points of concern, but it still was a radical change from the past—it was designed to bring in experts from non-medical domains that have intersections with heal

The MCI was reconstituted in 2013 after the BoG's term ended (Representational image) News

Energising Employment: Renewable energy sector created 11 million jobs in 2018

Asia accounts for 60% of the total global employment generated, with China generating the highest—around 39% of the total global employment.

The report says that 32% of the new jobs because of renewables growth went to women. News

Where are the jobs? Explained through graphs

The Periodic Labour Force Survey conducted by the NSSO shows that, of India’s labour force of 487 million, about 458 million are gainfully employed—i.e. 29 million of the labour force is unemployed, making for an unemploy

A host of factors are likely responsible, from improved rural infrastructure to availability of credit. News

NEET 2019 shows after a certain level quota is becoming irrelevant

Some have argued that the such a large chunk of reserved category candidates clearing the general category cut-off gives lie to the merit argument used to criticise the reservation policy.

Amongst the successful reserved category candidates, 80% cleared the general category cut-off (Representational image) News

Aadhaar Act: eKYC for banks, mobiles good, now fintechs must also comply

In the event, Aadhaar authentication was to be used only for availing government subsidies, but it couldn’t be used for compulsorily linking with bank accounts or as a KYC for getting a mobile phone.

The government has now approved an amendment to the Aadhaar Bill that allows voluntary use of Aadhaar for banks and mobile phones News

Why Bihar’s new law to punish children for abandoning elderly parent won’t work

The Bihar government will do well to understand that punitive action for abandonment is not going to solve the problem

Bihar CM Nitish Kumar News

Effective grievance redressal body in healthcare system need of the hour

Although the proposed National Medical Commission Bill, which creates a body to replace the MCI, has several progressive clauses on regulation of malpractice and misconduct by hospitals, it is still hanging fire in Parliament

A 2016 Parliamentary Committee report notes that just 109 doctors had been indicted by the MCI’s Ethics Committee between 1963-2009 News

Budget 2019: Tax on banking cash transactions to be re-introduced? Why it’s a bad idea!

Union Budget 2019 India: The government is reportedly considering bringing back a banking cash transaction tax (BCTT), of the type introduced in 2005 when P Chidambaram was the finance minister.

The fact that there was no stunning increase in tax buoyancy after Chidambaram’s cash tax suggests it wasn’t very successful News

Modi’s govt’s move to fire corrupt tax officials signals that performance matters

The Union government forcing 12 senior tax officials to retire because of misconduct and inefficiency is a step towards clean and effective bureaucracy.

Indeed, one of the 12, a top-ranking official, had allegedly acquired Rs 12 crore of unaccounted-for assets and had remained suspended from 1999 to 2014. (Representational image) News