Economy Watch – The Rise Of The Robots & Mass Unemployment!!!
Snapshot What Martin Ford predicts in his book, The Rise of the Robots, about the state of jobs in the future is far from bright. Are jobs getting away from us? […]
Economy Watch- Dividends of Black Money Disclosure !!!
The Centre’s move to mop up black money from the economy by giving taxpayers amnesty to declare undisclosed past income by paying tax on it at an effective, slightly high rate of 45 per cent has yielded a surprisingly positive dividend. […]
Economy Watch – Globalization Is the Only Answer !!!
The Brexit referendum in the United Kingdom and the presidential race in the United States have shown, among other things, that public distrust of global integration is on the rise. That distrust could derail new trade agreements currently in the works, and prevent future ones from being initiated. [...]
Economy Watch -Lessons From The One Rupee Accounts In Jan Dhan Yojana !!!
One of the major successes of the government has been the Jan Dhan Yojana. In fact, in 2015, around 12 crore bank accounts were opened under the scheme at a rapid pace of over 3 lakh accounts per day. As of September 21, 2016, a total of 24.61 crore accounts [...]
Economy Watch – Aadhar , PDS and the Unavailability of Internet
India’s Public Distribution System (PDS) has improved steadily during the last 10 years. The system used to be most ineffective and corruption-ridden, with leakages of around 50 per cent at the national level, going up to 80 or 90 per cent in some States. Around 2007, Chhattisgarh took the lead [...]
Economy Watch – The Story Of A Man, His Inclusive Vision And How It Morphed Into Bandhan Bank
*Disclaimer- The story is published as it gives insight in to financial inclusion in India (although not explicitily but implicitely). Also can help to cite as a case study in answers if required. The story of Bandhan’s rise from a microfinance institution with a large footprint to a universal bank [...]
Economy Watch – Realising energy sector targets – Can we have 175 GW of renewable capacity by 2022 ?
Background – Prime Minister Narendra Modi’s style is to set ambitious targets with impossible-looking deadlines. Perhaps he is inspired by a Gujarati poet who said, “Nishaan chuk maaf, nahi neechu nishaan” (missing the target can be forgiven, setting a low target cannot). This challenges his colleagues and staff to accomplish [...]
Economy Watch – Setting the Public Sector Banks On A Healing Path
Backgroud:-The PSB are under stress for sometime, they are in fact under double-whammy that is at one hand they are enduring asset loss due to increase in NPA( wilful or otherwise) while on the other hand there is erosion of business and credit expansion itself as many alternative saving/investment schemes [...]
Economy Watch – Enhancing Farmers’ Livelihood And Ways Of Doing It
Enhancing Farmers’ Livelihood And Ways Of Doing It […]
Economy Watch- FAQs on GST (Frequently Asked questions on Goods and Services Tax)
Frequently Asked Questions (FAQs) on Goods and Services Tax (GST) Following are the answers to the various frequently asked questions relating to GST: Question 1) What is GST? How does it work? […]