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At the beginning of this year, Jharkhand’s ‘Pre metric Scholarship Scam’ came to light. Many poor students were deprived of their scholarships by a nexus of government officials, intermediaries, and banking correspondents. In some cases, the fingerprints of the students were utilised to open Aadhaar enabled bank accounts. The Scam came to light when the …
Continue reading “A Digital Pathway To Financial Inclusion In India”
The COVID-19 pandemic has intensified organisations’ digital transformation, pushing them to digitise their operations, restructure their business models, facilitate access to data, and work on their workforce’s skill-up-gradation. This data-driven revolution is shifting business analysts’ focus to a plethora of new possibilities, often supporting the efficiency parameters. The development of a Machine Learning program asks …
Continue reading “Navigating through a data-fluent ecosystem”
The Gig economy in India is in a state of conflict at the moment. The Covid-19 the epidemic has hit it hard, with some critics predicting the end of the gig economy (also sometimes referred to as the sharing economy, on-demand economy, mesh economy). Others are more optimistic and feel that with work becoming remote, …
Continue reading “COVID-19 and Gig Workers: Need to democratize the Gig Economy in India”
At a time when the whole world is grappling with ways to contain the novel coronavirus, the Indian government is pushing its population to download the Aarogya Setu application to strengthen contact tracing and contain the epidemic. Contact tracing applications aim to track COVID-19 cases among citizens and surveillance is one of the key methods …
Continue reading “Aarogya Setu App: A Tale of the Complex Challenges of a Rights-Based Regime”
The wave of competitive populism is throwing in its daily tide of game-changing ideas, and a preemptive dose of doles to outbid each other. The only winner can be the ones who have shown the patience of queuing up in election after election, and casting a vote to elect the few. The latest being the …
Continue reading “Minimum Income Guarantee: A Utopian Ladder?”
Keynes’s supposition of short-term interest rates as the key driver of long-term government bond yields is investigated for India, after controlling for various key economic factors. It is seen that long-term interest rates of Indian government bonds are positively associated with the short-term interest rates of Treasury Bills. Higher long-term interest rates on IGBs are …
Continue reading “Long-run Determinants of Sovereign Bond Yields”
The budget presented by Finance Minister Arun Jaitley on February 1 was closely watched as it was the last full-year budget of the NDA government before the 2019 general elections. So, the critical question was whether the budget would be populist or pragmatic? And, could the finance minister achieve the perfect balance between the objective …
While India has drastically moved up in the Ease of Doing Business Rankings, it has also simultaneously earned the tag of being amongst the most polluted countries in the world, with National Capital Region (NCR) being the worst-affected. The city is in a state of public health emergency and anyone staying there cannot help but …
Continue reading “Air pollution in Delhi: Are we doing enough?”
The Congress party has set up two new organisational departments to woo the middle class and financially weaker sections in a bid to revive its shrinking vote base. However the decision may come a little too late in the day and might not have a huge impact on the party’s electoral fortunes less than two …
Continue reading “Professionals in Congress: Is it too little and too late”
Agriculture is a politically sensitive subject in India. Particularly, any talk on agriculture income tax is a taboo against the backdrop of farmers’ protests, grievances and suicides. So, it was heartening to see the Chief Economic Adviser Arvind Subramanian raising the issue last month. The federal think tank Niti Aayog Member Bibek Debroy recently presented …