New labour codes give a free hand to employers: Unions

GS Paper 3 Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: TH  Direction: The article covers issues faced by Indian labour policies, including 4 new labour codes and suggests measures and best practices to overcome the challenges. Kindly read y’day’s related article on Lingering crisis of …

The lingering crisis of labour post-pandemic

 GS Paper 3 Syllabus: Indian Economy and issues relating to employment   Source: TH  Direction: The article highlights crises in global and Indian employment scenarios, their impact and remedies.   Context: The International Labour Organisation (ILO) recently published two reports (The Global Wage Report 2022-2023 and Asia-Pacific Employment and Social Outlook 2022) that provided insight …

Digital lending: No clarity say bank and fintech

GS Paper 3 Syllabus: Indian Economy and related issues   Source: IE  Direction: The article discusses the current digital lending ecosystem, the need to regulate it, RBI guidelines and confusion regarding it.  Context: Two months after the RBI issued guidelines on digital lending, Banks, non-banking financial companies (NBFCs) and fintech players are still awaiting clarity …

What’s the effect of the Russian oil price cap, ban?

GS Paper3/GS Paper 2 Syllabus: Indian Economy/ Internal Relations   Source: Indian Express, The Hindu Context: Western countries, G7 and European Union have agreed to cap the price of Russia’s oil exports (to $60 per barrel) in an attempt to limit the fossil fuel earnings that support Russia’s budget, its military and the invasion of Ukraine. What …

Why remittance to India is set to cross the record $100-billion mark in 2022

GS Paper 3 Syllabus: Indian economy and related issues   Source: IE  Context: According to the World Bank’s (WB) Migration and Development Brief, India is expected to receive a record $100 billion in remittances in 2022, making it the top recipient this year. About remittances: Remittances to India are money transfers from non-resident Indians (NRIs) …

What the Vande Bharat train says about the lopsided priorities of Indian modernity

GS Paper 3 Syllabus: Infrastructure   Source: The Indian Express  Context:  With the latest edition of the Vande Bharat train, India made a huge leap into the future of mass transportation. However, it has also raised questions, as the poor may not be able to afford these trains.   Examples of skewed priorities of new …

How to read the latest Human Development Report

GS Paper 3 Syllabus: Economy: Human Development   Source: Indian Express  Direction: This is in continuation to the article on HDI and came in the ‘Explained’ section of Indian Express. Go through the six indices and understand what each represents.  Context: The Human Development Report for 2022 details six different human development indices that were …

Govt’s push for international trade in rupee: why and how

GS Paper 3 Syllabus: Indian Economy, Liberalization Direction: In economy, be clear with the basics.   Context: It came in the explained section of Indian Express, and argues why the government is pushing for international trade in Rupee. Current system: Most of the trade currently is in US dollar, wherein an importer needs to pay …

Competitiveness Roadmap for India@100

GS Paper 3 Syllabus: Indian Economy/Governance   Source: PIB Direction: Note down a few unique points e.g. 4S principle, other points are mostly common. No need to go in-depth into these academic reports.   Context:  Economic advisory council to PM and Institute for competitiveness has released “Roadmap for Better Growth- India @100”, to enable India …

With more young adults entering higher education and increasing job aspirations not matching their educational profile, the new National Employment Policy must accommodate for these trends. Discuss.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. With more young adults entering higher education and increasing job aspirations not matching their educational profile, the new National Employment Policy must accommodate for these trends. Discuss. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: The …

Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse

Topic: Inclusive growth and issues arising from it. 5. Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse (250 words) Difficulty level: Easy Reference: The Hindu Why the question: Key Demand of the question: To understand the dynamics between Inflation and economic growth and the role …

Around the world, major economies have been moving to embrace and launch central bank digital currencies (CBDCs). India must also explore CBDC after addressing concerns surrounding it. Analyse.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. Around the world, major economies have been moving to embrace and launch central bank digital currencies (CBDCs). India must also explore CBDC after addressing concerns surrounding it. Analyse. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: …

Critically analyse the trend of shrinking of the Informal sector in the recent years and the necessary precautions to be taken up with this new trend.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. Critically analyse the trend of shrinking of the Informal sector in the recent years and the necessary precautions to be taken up with this new trend. (250 words) Difficulty level: Tough Reference: Indian Express Why the question: SBI says …

The crisis of unemployment and jobless growth is a cause of concern which must be resolved at the earliest. Examine as to how can India avoid jobless growth in the post pandemic recovery phase?

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. The crisis of unemployment and jobless growth is a cause of concern which must be resolved at the earliest. Examine as to how can India avoid jobless growth in the post pandemic recovery phase? (250 words) Difficulty level: Difficult …

The banking sector is overburdened with compliance burden. In this context, discuss the role and the areas of focus, of the second Regulatory Review Authority (RRA 2.0).

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The banking sector is overburdened with compliance burden. In this context, discuss the role and the areas of focus, of the second Regulatory Review Authority (RRA 2.0). (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: RBI …

The Monetary Policy Committee (MPC) has to tread a tightrope between stimulating a economic growth and managing inflation in the country. Examine.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The Monetary Policy Committee (MPC) has to tread a tightrope between stimulating a economic growth and managing inflation in the country. Examine. (250 words) Difficulty level: Easy Reference: Live Mint Why the question: The monetary policy committee (MPC) kept …