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Opinion

National Health Accounts 2017-18: Faster movement towards a distant goal

-10 H Ago
Out-of-pocket expenditure on healthcare is falling, but to realise Universal Health Coverage, India needs much more government investment, especially from states. Compared to OOPE estimates of 69.4% of total health expenditure (THE) in 2004-05 and 62.6% i
Many advanced economies have institutionalised NHA within their health systems. India envisioned it in the National Health Policy (NHP) of 2002.

COP26: Forward march!

Glasgow shows ratcheting up of the scope and ambition of climate action is working

-Nov 30, 2021
More than 150 countries, including India, have articulated enhanced ambition for emission reduction

What does the Winter Session hold for digital rights?

Ultimately, a progressive data protection regime that protects user privacy is crucial for an emerging economy like India

-Nov 30, 2021
While the Opposition asked for a debate on the issue, the presiding officers of the Houses did not allow it.

TFR fall to ease pressure on infra, resources

The TFR decline means India doesn’t have any compelling need for population control laws

-Nov 30, 2021
Against the estimated 12-13 million jobs needed to be created every year to reap the demographic dividend, India has been faring unimpressively.

Personal Data Protection Bill, 2019 – special provisions concerning data relating to children and their impact on EdTech and other online businesses

Under Indian laws, the age of majority is 18 years and under the age of 18 years, a person is considered a minor.

-Nov 29, 2021

Regulating digital lending

Implementing the recommendations in the recent report of the RBI working group on digital lending could lead to consolidation in the space. Technology intermediaries and smaller platforms will likely

-Nov 29, 2021
The report makes the important point that the digital lending sector has evolved to a point where there is now a regulatory gap that needs to be plugged with laws that address issues specific to digital lending.

The Fed is way behind the curve

It has been making nervous noises but it has just started tinkering at the edges, hoping it doesn’t have to really crank things higher. Too many analysts/pundits and, indeed, central bankers are sti

-Nov 29, 2021
The fourth (or fifth) wave of the pandemic, which has surprised people in Europe and the US, could again create inflationary pressures, since the supply chain issues that remain difficult would be exacerbated in a few months.

Boardrooms must get real on climate-aligned business

As long as ESG compliance is only a check-the-box exercise, companies will run the risk of extensive damage to their investment. As with the real economy, the financial sector must transform, from gui

-Nov 29, 2021
Worryingly, boardrooms remain mostly ignorant about the climate crisis.

No hurry on banking licences for India Inc

RBI is right; India Inc doesn’t yet inspire confidence on upholding banking-sector ethics

-Nov 29, 2021
Citing governance concerns and defaults by the two NBFCs in their various payment obligations, the RBI superseded their boards and appointed Sharma, former chief general manager, Bank of Baroda, as the administrator.

The Siege of Dubai

Collin Morikawa becomes the first American to win the European Tour’s Order-of-Merit

-Nov 28, 2021
Collin Morikawa, the 24-year-old American who’s gone deep into foreign territory and come back with the European Tour’s biggest prize—the Race to Dubai—is without question, American golf’s biggest star of 2021.

Across the Aisle by P Chidambaram: Big, rich and unaccountable

Just as we will not endure a king as ruler, we ought not to endure a ruler who wants to be king. Many countries have term limits on their President or Prime Minister because he/she could acquire absol

-Nov 28, 2021
A farmer prepares 'langar' at Singhu border to mark the one-year anniversary of farmers' agitation, in New Delhi (PTI Image)

We must never forget 26/11

It is easy to understand why, when there was a Congress Prime Minister in Delhi, he preferred to forget what happened in the hope that everyone would forget the terrible mistakes made during the attac

-Nov 28, 2021
As someone who spends many months of the year in Mumbai, it shames me to report that if Pakistan wanted to repeat what happened 13 years ago, it easily could.

Play safe with cryptos, leverage blockchain

To begin with, we must ensure domestic credit is not chanelled into crypto-investments

-Nov 26, 2021
Given this, the Indian government would do well to not back cryptocurrencies and to keep a close watch on them.

Rate action: The Fed must think creatively again

By fixating on the risks of a Japanese-style deflation, the Fed all but ignored the possibility of a major upside inflation surprise

-Nov 26, 2021
The challenge comes with normalisation—restoring monetary policy to pre-crisis settings. And for both the conventional benchmark policy interest rate and the unconventional balance sheet, the Fed has yet to figure this out.

Indo-US trade partnership: Different approach, brighter prospects

Avoiding mention of an FTA during the recent visit of the USTR to India reflects policy maturity and pragmatism on both sides

-Nov 26, 2021
India, did, however, stay engaged with the US on a bilateral trade deal.

Farm distress stalks the growth story

Farm-laws repeal notwithstanding, states will continue to pursue agri-reforms

-Nov 26, 2021
The saga of the farmer agitation is yet another manifestation of the narrative of farmer distress that stalks the India growth story.

Bridging learning divide outcomes in online education

According to a recent UNESCO report, only 22% schools had computing equipment and only 19% internet facility. Of this, only 14% rural schools had internet as compared to 42% in urban areas.

-Nov 25, 2021
Bridging learning divide outcomes in online education

A rate cushion for compensation expiry

GoM likely to propose GST rate-hikes that prop up states’ finances; processes, too, must be made simpler

-Nov 25, 2021
There is every possibility, therefore, the GST Council, will overlook the current inflationary environment.

Mushrooming of joint initiatives causing fragmentation of WTO’s rule-making function

Several countries, including India, have so far stayed out of the JI negotiations, on the principle that these initiatives lack a multilateral negotiating mandate and are an attack on the fabric of mu

-Nov 25, 2021
Several countries, including India, have so far stayed out of the JI negotiations, on the principle that these initiatives lack a multilateral negotiating mandate and are an attack on the fabric of multilateralism underlying WTO.

Making sense of the cash imperative

Five years after DeMo, despite the digital-transactions boost, currency in circulation is high. Demographics, uncertainty in pandemic times have contributed

-Nov 25, 2021
Bear in mind, it has also been argued that DeMo needn’t have been the chosen route to expedite digitisation, and providing incentives could have been the logical way to get there.

Expect modest outcomes from WTO’s upcoming ministerial

The EU’s unwillingness on Covid-related IPR waiver, attempts to improve the interim agreement on public stockholding of grains, etc, are tricky hurdles

-Nov 25, 2021
The fourth and perhaps the most important issue is WTO reform.

Sebi’s investor charter–Towards investor protection and grievance redressal

Investor charters are a step in the right direction as they recognise and accentuate the role played by Sebi’s grievance redressal mechanisms

-Nov 24, 2021
Both are aimed at protecting the interest of investors in securities market by enhancing awareness of their rights and responsibilities.

End of the agri-reforms road?

The repeal of the farm laws may not mean that. Indeed, this bold ‘step back’ could pave the way for more inclusive and long-term reforms

-Nov 24, 2021
This bold and strategic ‘step back’ can actually pave the way for something more inclusive, valuable and long-term!

Driving internet inclusion & safety

India Internet Governance Forum aims to achieve these goals, with multi-stakeholder engagement

-Nov 24, 2021
It is a necessary step to offer more inclusive and accessible internet for every Indian—regardless of gender, level of disability, or economic status. (Representative image)
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