Leading newspapers have reported that the Narendra Modi government planned and dropped the introduction of the cryptocurrency bill in Parliament during the recently concluded winter session. Cryptocurrency and Official Digital Currency Rules Bill 2021 fundamentally aimed to limit the use of cryptocu...
After independence, our policymakers formulated such policies that could benefit the people of India. Many schemes got rolled out for the welfare of the people and funds were provisioned for them in the respective budgets. However, various studies have highlighted that due to corruption, mismanageme...
Buzz words like crypto, bitcoin, digital currency etc. have revolutionised the financial sector - but in the absence of knowledge either we ignore these words or do not discuss them at all. Besides, governments, financial institutions, broadcast media and financial experts also do not bring them int...
In a written reply to the Lok Sabha, Minister of State for Food Processing Industries Prahlad Singh Patel on 27th July this year said, Foreign Direct Investment (FDI) in food processing sector has declined 57% to $393.4 million (around Rs. 2926 crore) in 2020-21 as compared to $904.7 million i...
It is exactly after eight years that the Wholesale Price Inflation (WPI) has climbed to 7.39% in March 2021. Before this, in March 2013, WPI was recorded at 8.6%. Along with WPI, the all-India General Consumer Price Inflation (CPI) also increased to 5.52% in March 2021 vis-à-vis 5.03% in Febr...
A recent statement issued by the International Monetary Fund (IMF) highlighted that the debt burden on India’s central government as a proportion of gross domestic product (GDP) has increased from 74% in 2019 to 90% in 2021. At the same time, India is now appearing as one of the top bo...
On March 23, 2020 Prime Minister Narendra Modi declared the nation wise lockdown against Covid-19. However, India was not the only country to declare lockdown as many economies of the world had already done the same to counter the pandemic. In fact, by April 2020, almost half the world’s pop...
Even before India’s independence, leading industrialists of that era (JRD Tata, GD Birla, Lala Shri Ram, and John Mathai, etc.) declared in the ‘Bombay Plan’ of 1944 that post independence, only government investment would be encouraged to boost economic growth as well as for undertaking...
The 42nd amendment in the Indian Constitution was enacted by the Indira Gandhi-led Indian National Congress government during the Emergency (June 25, 1975 - 21 March 21, 1977) days. This amendment altered the Preamble and termed India as a socialist and secular country, along with sovereign, d...
On January 7 this year, thousands of farmers on nearly 3500 tractors and trolleys carried out a tractor-march against three agricultural laws. Leaders of different farmers unions stated that the protest march was just a rehearsal for their proposed January 26 tractor parade that will move into...
