111 results found
The government's focus on big ticket investment in irrigation projects without caring for its impact on production capacity defeats the very purpose of investing in agriculture projects. There is a need for monumental policy shift to fight the agrarian crisis
Climate change is already imposing an impossible toll on the world’s poorest and most vulnerable. It is no surprise that the key to averting catastr
India, Iran and Russia have decided to begin using the part-ready International North-South Transport Corridor (INSTC), a multimodal network of sea, rail and road routes between India, Iran, Central Asia and Russia. As the broader politics in the region undergo new configurations that may put to question the project’s prospects, and the evolving security situation demands continuous appraisal, it is time to refocus discussion on the economics o
Despite numerous government efforts to popularise digital transactions, India continues to be a cash-dependent economy. This is because the transforma
India's 16th general elections, billed as the most expensive elections ever, are witnessing an unprecedented flow of black money into country's electoral process. Analysts claim that a mammoth 400 billion rupees, roughly 0.35 percent of India's GDP, has been pumped into the democratic process.
The unity and purpose of BRICS has been the target of speculation and scepticism from various quarters. With the Delhi Declaration, BRICS members have been able to assuage such doubts as they have begun to create a credible hedge against traditional global narratives of security and development.
The details of the proposed loss and damage funds need to be worked out
At the heart of the debate on electoral reforms lies the vexed issue of campaign finance reform. There are four fundamental questions that need to be answered to understand this conundrum. A related but standalone issue is that of state funding of elections.
The NIA raids have had a salutary effect, but a lot more needs to be done to shut down the funding networks and penalise and reduce to penury of the conflict entrepreneurs.
Radical transformation in governance can only begin when we are pushed to the wall and have no other option but to take the monster head on
Not all of the bad loan problem that Indian banks are going through is because of fraud
It would perhaps be wiser for the government to focus on how to stop the outflow of black money instead of just chasing money already stashed abroad. One method is to enter into agreements and treaties with countries to share information, like the way the US is doing now.
We can’t match China’s financial heft but we can leverage our cultural connect with Sri Lanka to strengthen ties
M-Pesa in its current form was launched in Kenya in April 2007, and it revolutionised the financial services landscape.
The flop black money amnesty scheme is a huge setback for a government which was committed to bringing back black money. What is worrisome is that other nations have succeeded while India has failed abysmally in this exercise.
The process of reforms in the electoral system to ensure electoral integrity has began, but much remains to be achieved. Ultimately, electoral integrity could be restored only by the will of the people and it is in people's power to do so.
Women across the world have much less to spend and even lesser to save.
What can and must be done is to reduce the incentives for avoiding or evading tax.
It is important to perceive programmability for what it truly represents—an experiment exploring the potential applications of digital money for spe
Taking care of the urgent requirements, the new Cabinet Committee on Security of the Modi government should insist on a radical overhaul of the national security system before funding new acquisitions.
Through initiatives like Project Meridian, central banks could move towards more efficient, secure, and accessible financial systems that benefit indi
It is commendable that the prime minister has raised the issue of black money at an international level. The solution, however, lies in following up on commitment for 'more governance and less government' by implementing networked and integrated digital solutions.
Most central banks across the globe are today seized with the idea of cryptocurrency, with countries like Sweden and China already embarking on their pilot projects. This paper argues that most of the proposed architectures for a Central Bank Digital Currency (CBDC) are not designed to mimic the paper currency in its digital form. It proposes an architecture that largely retains all the properties of a paper currency, with only one limitation—i
Bangladesh’s sensational growth story masks some concerning structural weaknesses that are now coming into play.
What is bewildering is the stone silence on the part of ordinary Americans who are being hoodwinked by the Obama administration into believing that funnelling money and weapons to Pakistan's rogue military would help in winning strategic goals. Nothing could be farther from the truth.
India's Navy has for too long been neglected when money has been allocated. The latest defence budget suggests that may be starting to change, though much of the new allocation will be used to pay off previously acquired expensive naval platforms.
The Chinese have been putting serious money into key areas which they aim to become world leaders in the next decade or so. One of these is AI where the government and Chinese corporates are moving in a big way.
With most of the grant money being used to settle loans and pay salaries, populist moves ahead of the state election may prove to be counterproductive
Terrorism, like almost every other human activity that involves production and creation of goods and services, needs money. Described by experts like Raymond Baker as Gross Criminal Product, this included illegal capital flight, narcotics trade, smuggling of arms and other goods, human trafficking, counterfeiting and computer crimes.
The focus on delivery of various schemes is missing in this budget. Each year, public money is being poured into them, but things remain the same unless there are dynamic state ministers monitoring everything. Some provision for effective monitoring should have made in budget 2013-14.
The Finance Minister has chosen to walk the conservative path, hoping to stimulate investment and growth through small half-measures. Expect high rates of inflation in FY 13 and greater pressure on the fiscal deficit despite white paper on black money.
All that the government has to do is to focus on providing basic goods -- high quality primary education and healthcare, toilets and housing for all. When there is so much money in India in private and public hands, why is it taking so long for the government to do something to change the lives of millions of people?
The compulsion of states to trawl ever increasing volumes of data must also be understood. Besides criminal activities like child pornography, money laundering and online fraud, the Internet is also an important vehicle for the jihadist terrorist. A great deal of recruitment and motivation takes place online.
Post-demonetisation campaigning for cashless transactions as way to stamp out black money has been stepped up with cybercrime issue needed to be dealt
The data collected through CBDCs has the potential to be paired with strict reserve requirements for commercial banks, creating a theoretical framewor
Maximising the effectiveness of fulfilling the essential functions of fiat money should be the primary objective of CBDC.
Unlike the ‘area sabha’ of the Nagar Raj Bill, the decisions of the ‘jan sabha’ were to be binding on the wards committee in regard to local w
The watered-down version of the initial TRIPS waiver proposal put forth by India and South Africa indicates that the developed nations’ policy is bu
PM Modi's recent comment on a debate on simultaneous elections to Parliament and state assemblies cannot only be called as a casual off-the cuff comment
While there is no explicit definition of cryptocurrencies under India’s regulatory framework, the focus is on investor protection, anti-money launde
There is an urgent need for governments and policymakers around the world to start paying more attention to the gaming industry as cybersecurity threa
This brief examines the rapid growth of the global online gaming industry and the consequent increase in cyber threats. Issues such as microtransactions, money laundering, and predatory practices by developers can stymie the industry’s growth potential if not addressed. Many countries’ current gaming-focused regulatory frameworks do not cover these challenges and will need to be revised. India—a significant gaming market—must also conside
The digital euro can revolutionise digital payments but its future remains uncertain as it grapples with widespread political scepticism about its pur
आर्थिक सुधारों की प्रयोगशाला में जन विश्वास विधेयक एक प्
With the November 8 announcement, about 85 per cent of your bodily functions merely in the hope that the system will be cleansed with Demonetisation
