The gilets jaunes (yellow vests) movement in France started last year in response to rising taxes on petrol and diesel, which were proposed by the government in a bid to reduce the dependence on fossil fuels and promote renewables. Petrol and diesel affect a large section of the population in France that resides outside of […]
Read MoreGender gaps in labour force participation rates in India affect the “potential output” and also harm the inclusiveness of the growth process IMF’s World Economy Outlook recently reported that India’s real GDP growth forecast for FY19 remains at 7.3% while it is relatively higher at 7.5% for FY20. This growth rate is higher than that […]
Read MoreThe Narendra Modi government may have to be content spending less than a fifth of what it allocated for its much-touted Pradhan Mandhri KIsan SAmman Nidhi (PM-KISAN) for whatever remains of the current financial year. The lack of detailed land records and gaps in Aadhar-linkages for bank accounts can be major roadblocks. Union minister Piyush […]
Read MoreWith the Supreme Court upholding the Insolvency and Bankruptcy Code (IBC) in its entirety, the resolution process will move faster now. SC emphasised that a person “who is unable to service its own debt beyond the grace period referred to above, is unfit to be eligible to become a resolution applicant. This policy cannot be […]
Read MoreSix-fold increase in Government spending on telecommunications infrastructure and services in the country – from Rs. 9,900 crores between 2009-14, to Rs. 60,000 crores (actual + planned) between 2014-19 Tariff reductions benefiting consumers across the country: Average voice tariff declined by 67% – from an average per minute tariff of 51 paise in June 2014 […]
Read MoreMost economic policy follows an entropic path. The first iteration is a relatively clean structure that gets complicated either as experience kicks in or interest groups begin to get their way. The Indian tryst with indirect tax reform seems to be moving in the opposite direction—from chaos to order. The initial version of the new […]
Read MoreResearchers at Indian Institute of Technology (IIT) Madras have experimentally shown that methane and carbon dioxide (CO2) can exist as gas hydrates at temperatures and pressures seen in interstellar atmosphere. Gas hydrates are formed when a gas such as methane gets trapped in well-defined cages of water molecules forming crystalline solids. In terrestrial conditions, gas […]
Read MoreA robust performance of the agriculture and manufacturing sectors will drive India’s economic growth at 7.2 per cent in 2018-19, the Central Statistics Office said on Monday. This is higher than the 6.7 per cent growth witnessed in the previous fiscal, which slumped due to twin effects of demonetisation and introduction of Goods and Services […]
Read MoreWith recent developments in technology and increase in smartphone penetration, India is changing dramatically. For those of us working in the social impact sectors, this affords an opportunity to reassess how we think about our work—who we focus on, the engagement models we adopt and the tools we deploy to achieve impact. A rapidly transforming […]
Read MoreThe trends in wage growth are against the rosy picture of a recovering and buoyant economy With the general elections only months away, the time has come to evaluate the performance of the incumbent National Democratic Alliance (NDA) government led by Prime Minister Narendra Modi. Among the various parameters on which the performance of the […]
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