The Union Budget 2021-22 is being coined as the ‘Infrastructure Budget’ by many experts including Dinesh Kumar Khara, Chairman, State Bank of India. The most striking feature of the Budget has been an increase of 34.5% in capital expenditure which has been pegged at `5.54 lakh crore. The B...
The Economic Survey 2021 has been tabled in the Parliament. It is prepared by the Chief Economic Advisor of the Ministry of Finance. It is known that the Survey is an economic document of the finance ministry and it discusses the overall economic performance of the concerned financial year. It...
In some of the Indian states, schools have reopened and some states are thinking of reopening them in a few weeks. But there are instances where schools have been closed again after reopening. This happened in many European countries like the United Kingdom and Germany. There are also in...
A few days ago, Prime Minister Narendra Modi expressed his concern over the aversion of a section of the Indian population towards vaccination. He has attributed this to rumour mongering. The government has also taken steps to check this. Recently, Ajay Bhalla, Secretary, Department of Home Af...
The Union government ordered a few weeks ago that 100% of food grains would be packed in jute sacks. But this is not a new thing. Under the Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987, the government specified the commodities and the extent to which they were man...
Micro, small, and medium enterprises (MSME) is known to be of immense importance to the Indian economy in terms of employment, output and exports. But presently, the sector is vulnerable. In the lockdown period, the entire MSME sector was shattered. But with the gradual unlocking phases, many ...
The Electricity (Amendment) Bill, 2020, has been proposed by the Government of India a few months ago. In a nutshell, it aims to reduce governmental subsidies and expand the ambit of privatisation - especially in the distribution segment of the power sector. Many experts think that the propose...
Education sector highly affected India dropped by two points to reach the rank of 131 out of 189 nations on Human Development Index (HDI) in 2020. India has been in the medium category. India’s UNDP Representative Shoko Noda said at a press conference that the drop of India’s ranking did no...
The insurance sector, particularly the general insurance (GI) sector, popularly called the non-life insurance sector has not been on a rising trajectory in India. There are mainly two broad categories in the insurance sector. One is the life insurance segment and the other is the GI segment. T...
It is an apparently contradictory development that India has one of the biggest free food distribution systems in the world but at the same time it scores very poorly in the Global Hunger Index. One of the main reasons behind this has been that the common people in India are habituated in cons...