2017-02-03T17:20:53+05:30By UPSCTREE|Categories: Economy, Editorials|
“Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.” – Nicholas Nassim Taleb. The whole significance of this quote is profound. On [...]
2017-02-02T12:58:01+05:30By UPSCTREE|Categories: Economy, Editorials|
Population explosion has resulted in manifold increase in demand for energy. The conventional, non-renewable sources of energy, such as coal, petroleum, natural gas, etc. are experiencing extensive pressure, resulting in an urgent need to switch to non-conventional sources of energy which are renewable and ecologically safe. […]
2017-02-01T20:09:05+05:30By UPSCTREE|Categories: Economy, Editorials|
The mismatch between the number of people who annually reach working age and the availability of jobs has been a matter of constant concern globally during the better part of the period since the global financial crisis of the last decade. The International Labour Organisation’s latest forecast that a few more [...]
2017-01-31T03:46:09+05:30By UPSCTREE|Categories: Economy, Editorials|
Background – Bitcoin now has a total market capitalisation of about $18 billion — far more than other so-called “crypto-currencies” although a fraction of the value of other globally traded commodities. And it nears record high as it becomes ‘safe haven’ asset. What is a Bitcoin? Bitcoin is a virtual [...]
2017-01-31T03:47:04+05:30By UPSCTREE|Categories: Economy, Editorials|
Green bonds, which finance environmentally friendly businesses and assets, have emerged as one of the key financing mechanisms driving the global economy’s transition to a greener future. Since the issuance of the first green bond in 2007 by two multilateral development banks (World Bank and European Investment Bank), the green [...]
2017-01-31T03:48:37+05:30By UPSCTREE|Categories: Economy, Editorials|
INDUSTRIAL policy via Twitter is a new development in economics but we may all have to get used to it over the next four (or eight) years. Donald Trump’s tweets on the car industry (and his planned cuts to corporate income tax) may or may not have persuaded Ford to [...]
2017-01-31T03:48:49+05:30By UPSCTREE|Categories: Economy, Editorials|
Background – The government is coming up with a report which is likely to endorse giving all Indian citizens a guaranteed Universal Basic Income (UBI). The said report will be released this month. Business Insider talked to Prof Guy Standing, one of the leading advocates of UBI, and he says the report by the [...]
2017-01-31T03:53:19+05:30By UPSCTREE|Categories: Economy, Editorials|
Background:- There has been a hue and cry as far as demonetization is concerned since the night of November 8. Meanwhile, while we were observant of the various developments, we took a decision to wait until the whole story unfolds.Since November 9 , probably each newspaper had published more than [...]
2017-02-14T18:19:24+05:30By UPSCTREE|Categories: Economy, Editorials, Society|
The concept of ‘Inclusive Growth’ finds place more frequently in the debates and discussions at different forums. The Government aimed at promoting ‘inclusive growth’ as it recognized that high national income growth alone did not address the challenge of employment promotion, poverty reduction and balanced regional development or improving human [...]
2017-02-14T01:32:39+05:30By UPSCTREE|Categories: Economy, Editorials|
The last quarterly survey by the Labour Bureau showed that India has never created so few jobs, since the survey started in 2009, as in 2015: Only 1.35 lakh jobs compared to more than nine lakh in 2011 and 4.19 lakh in 2013 in eight labour-intensive industries (the only ones [...]
