Prospects for the global economy have darkened since the outbreak of war in Ukraine by Russia on 24 February 2022. The war is not only creating human suffering but also reshaping the trade structure of the world. WTO said, “World GDP at market exchange rates should increase by 2.8 percent this year, or 1.3 percentage […]
How the Ukraine-Russia War Disrupted International Trade Read More »
The Central Board of Indirect Taxes (CBIC) recently announced that effective 18th July 2022, pre-packaged cereals, pulses, curd, milk, etc. will be liable for 5% Goods and Services Tax (GST). Given that these are items of everyday use and need the imposition of tax will hit the wallets of the common people in an already inflation-ridden economy.
Brand Value to Basic Goods: the GST problem Read More »
The Indian economy has witnessed the brink of transition through the process of economic liberalisation undertaken in 1991 which shifted the focus from government owned entities to private players, while attracting foreign investment and decreasing inflation rates through open market competition. Despite such elaborate mechanisms, the effect of rise in GDP could only be observed
The Importance of Inculcating an Entrepreneurial Mindset Among the Youth Read More »
The Covid-19 pandemic has had a devastating impact on not just public health, but also on economies and livelihoods of people around the world. Socio-economic inequalities worsened globally, pushing about 230 million people into poverty in India alone, as per a report by Azim Premji University [1]. If there is one thing that the last
A Case for Urban Employment Guarantee Programme: Necessity, precedents and proposals Read More »
As we will be celebrating our 75th year of Independence (Azadi ka Amrit Mahotsav), it seems fit to take a look back and assess our journey until now, the hits and misses and the way forward. The Indian democratic experiment, from its hard-fought struggle for independence to eventually an independent republic in 1947 and over
Completing 75 Years of Independence: what does the future hold for India Read More »
The United Nations (UN) adopted 17-Sustainable Development Goals (SDGs) in 2015. All members of the UN including India are committed to these global goals. The SDGs are inextricably intertwined for the holistic development of communities and nations and aim to achieve prosperous and peaceful living for human beings, ensuring food, nutrition, and health security for
Defining Sustainability Read More »
The word ‘sex’ is considered taboo and brings shame to the people who dare to utter it. One can only imagine the social stigma attached to sex-work and the people involved in it. Though sex-work is not a criminal offense, but, under the Immoral Traffic (Prevention) Act, 1986, (ITPA), brothel-keeping, living on earnings of a
The Silver Lining on Red Light Read More »
The gender gap has been the root of multiple socio-economic and political problems. The Global Gender Gap Report, by the World Economic Forum, delivers the numerical situation of gender equivalency under the following four themes: economic participation and opportunity, educational attainment, health and survival, and political empowerment. Since 2006, there has been a stable progress
Can Existing Digital Financial Services in India Bridge the Gender Gap? Read More »
India does not need 10,000 new Farmer Producer Organizations. It needs better support for the existing ones. On 9th Feb 2021, the Ministry of agriculture disclosed the “Promotion and formation of 10000 FPO” and allocated the budget of RS.6865 crores. The question though stands if we need a scheme for formation of 10,000 FPO. A
Does India Really Need 10,000 New Farmer Producer Organizations? Read More »
According to the 2005 NSS reports, there are around 4.75 million domestic workers (WIEGO). A large proportion of the domestic workers migrate from rural areas to the urban spaces as their demand is high in such spaces. The pandemic and the subsequent lockdown have further aggravated the sufferings of the highly demanded yet grossly underpaid
India Needs to Recognise its Domestic Workers Read More »
