Big export boost requires a bigger change in strategy

The measures, announced last week, include replacing a WTO-non-compliant duty refund scheme with a compliant one and, with a Rs 10,000 crore higher outlay, there are measures to ensure a higher amount

export, export boost, refund scheme, duty refund scheme, rupee, weakening rupee News

India needs triple helix model of innovation in universities

Triple helix covers creative destruction—a concept coined by Joseph Schumpeter in 1942—i.e. new innovations killing older ones.

India, triple helix, triple helix model, universities, social development, foster economic News

Why apprenticeship ecosystem needs to be simplified

In its previous tenure, the government aimed to reach 50 lakh apprentices in 5 years, for which it amended the Apprentices Act and made it conducive for employers to engage apprentices.

apprenticeship, apprenticeship ecosystem, labour laws, wages, social security, industrial safety, welfare News

GST rate cut for economic growth is a myth

Of late, there has been an increasing clamour to reduce GST rates on various products—such as automobiles and cement, among others—to give a boost to the economy and getting back to the higher GDP

GST, GST rate cut, economic growth, india economic growth, goods and services tax, automobiles News

Vikram and Vikaas: Where will the economy go next?

Economic data are subject to large measurement errors. So, 5% is really somewhere between 4% and 6%. Those who fancy they are driving the economy have fuzzy, steamed-up front-view, but even their rear

Vikram, Vikaas, Chandrayaan-2, Sensex, Nifty, Indian economy, opinion news

Agrarian crisis: Fertiliser reforms are key, not zero-budget natural farming

The fertiliser prices, then, will be market-determined, ensuring their efficient usage, and stopping their diversion to non-agri uses as well as to neighbouring countries.

Agrarian crisis, Fertiliser reforms, natural farming, zero-budget natural farming, Narendra Modi, Modi government News

Global trade finance gap now $1.5 trillion, women entrepreneurs most hit

Covering 336 firms from 68 countries, 112 banks from 47 countries, and 53 export agencies from 17 countries, the study finds that the large market gap in trade finance affects women entrepreneurs more

Global trade, trade finance, women entrepreneurs, Asian Development Bank, Job Survey, Trade Finance Gap, opinion news

Vaping is bad but bidis and gutka are worse

Those opposing vaping, however, argue this is a partial view since nicotine is also carcinogenic; so, while many of the other 28 carcinogens in tobacco don’t find their way into e-cigarettes, even a

Vaping, bidis, gutka, Group of Ministers, Tobacco, technology, nicotine News

Steve Smith shows a batsman can become great without following game’s manual

The middle-order batsman from Mumbai, who struggled to get into his state team in the Ranji Trophy and moved to Railways, had been scoring tons of runs in domestic cricket.

Steve Smith, Ranji Trophy, Indian team, domestic cricket, Bombay cricket, Gavaskar, opinion news

PK Mishra — the man who knows what Modi desires

Misra, on the other hand, was unknown to Modi when he joined the PMO in 2014, and was chosen because of his familiarity with the Capital’s power structure, since Modi was new to Delhi.

PK Mishra, Pm Modi, Iceland, Switzerland, Slovenia, Ram Nath Kovind, opinion news

Data drive: India needs nearly 10 crore additional housing units by 2022

A well-developed securitisation market can emerge as source of funding for home loan lenders.

Data drive, India, housing units, National Housing Bank, securitisation market, loan securitisation market, home loan News

US-China trade war: Stakes high for Washington, higher for Beijing

The trade war, while economic in intent, has strong political undertones, and while the stakes are high for America, they are much higher for China.

US-China trade war, Washington, Beijing, China, US, tariff hike, Chinese goods News

Interest rates: Strong case for 50 bps cut in October

Our base has the RBI MPC following Governor Das into another ‘out-of-box’ 35bps cut (followed by 15bps in December, and if global growth weakens, 40bps by September.) Why 50bps now?

Srei, Sebi, RBI, NCD, retail investor, SIFL, industry news,  Shaktikanta Das News

Rajasthan Human Rights Commission fans misogyny with comments on women in live-in relationships

The Protection of Women from Domestic Violence Act, 2005 extends protection from physical, emotional, and mental abuse to both, women who are married, and those who have a “relationship in the natur

Rajasthan Human Rights Commission, live-in relationships, Prakash Tatia, Mahesh Chandra Sharma, Domestic Violence Act, opinion news

PSU banks recapitalisation may not spur credit-growth

Most private sector banks have enough growth capital, though some state-owned banks may be a little short of it.

PSB, credit-growth, liquidity surplus, private sector banks, state-owned banks, state-owned banks News

Go vegetarian to fight climate change

One reason is land degradation, mainly due to human activities like deforestation, mining/quarrying, construction, roads, other infrastructure for economic development, human settlements for increasin

climate change, Climate Change and Land, Greater Noida, land degradation, surface temperature News

Manufacturing: Weaving a new path for India’s textile industry

In addition, with the ongoing trade tensions of China with the US, and the rising costs of labour, the manufacturing activity is poised to exit China, in the process vacating more space for countries

textile industry, textile industry india, global export markets, Bangladesh, Vietnam, manufacturing activity News

Surviving shocks: Markets are in the hands of politicians

A change in the trajectory of interest rates is more likely to come from a change in the political environment than a change in the economic environment.

Treasury yields, market watchers, economic pessimism, high unemployment, political uncertainty News

Trai gets it wrong: Bundling beneficial for both consumers, producers

Internet and technology companies develop products and services that can be sold attractively to consumers as a suite.

trai, Telecom Regulatory Authority of India, broadcasting industry, consumer interest, opinion news

SC has an opportunity to make child marriage summarily illegal

The girl has cited the SC verdict in Shafin Jahan vs Ashokan KM, in which it held that a consensual marriage between individuals who professed Islam, and had attained puberty was legal.

child marriage, illegal child marriage, Supreme Court, Supreme Court of India, Muslim girl News

Govt must engage with start-ups for governance delivery

The start-up community’s vote of trust in the NCR is a huge positive for India’s image as a nest for start-ups.

governance delivery, start-ups, Delhi, Noida, Gurugram, TiE-Delhi-NCR, opinion news

Taxman’s right: Arbitration is a windfall gain in India!

Indeed, in the Tata-Docomo case, where the government was not even a party, it argued that while it was true that an arbitration court had asked Tatas to pay Docomo damages based on a contract they ha

Taxman, Taxman right, Arbitration, windfall gain, tax Swiss, Dalmia Bharat, opinion news

It’s not just about RCEP, it’s about local reforms process

The government may well be right when it says that most of the FTAs that India has signed so far have resulted in the trade deficit rising.

In FY19, India’s trade deficit with Asean was $21.8 bn, $12.1 bn with South Korea, and $7.9 bn with Japan News

Motor Vehicles Act: States diluting provisions a bad idea

States moving to take the bite out of the new regime—motor vehicles being in the concurrent list—by reducing some of the fines to a fraction of that prescribed under the new law, is a patent misst

Ever since the new penalty regime came into effect, the large fines—thanks to those fined being caught with multiple violations—have dominated the public discourse News

Tabrez Alam lynching case: Dropping murder charges shows what course justice delivery will take

With the Jharkhand Police dropping murder charges against 11 accused in the Tabrez Alam lynching case, the course of justice delivery in this case is now showing chilling parallels with what happened

Alam, suspected of stealing a bike, was tied to a pole and beaten up by a mob that allegedly forced him to say “Jai Shri Ram” and “Jai Hanuman” News

Restructuring of centrally sponsored schemes cannot be done without consultation with states

A CSS restructuring/rationalisation debate requires relook at the Seventh Schedule, and cannot be done without consultation with states at an appropriate forum.

The difference between a CS and a CSS is that for a central sector scheme, all expenditure is borne by the Union government News

How Argentina has fallen back into an avoidable crisis

The country has fallen back into an avoidable crisis because its economic and financial foundations have not changed significantly since 2001.

Opinion News
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