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Microfinance institutions

The microfinance institutions (MFI) faced several restrictions by RBI which were not applicable to banks, NBFC and small finance banks. This denied the MFIs level playing field. A recent Consultative document by the RBI frees MFIs from such restrictions. The article explains this in detail. Background of regulation of MFI’s  by RBI RBI first allowed… Continue reading Microfinance institutions

Covid-19 Delta-plus Variant

The Maharashtra government has tightened the Covid-19 unlocking process in the wake of a rise in cases of the Delta Plus variant. What is Delta Plus? A variant that has emerged as a new threat, especially in India, Delta Plus (B.1.617.2.1/(AY.1) is a new mutant strain of the Delta variant of SARS-CoV-2. It is technically… Continue reading Covid-19 Delta-plus Variant

Places in news: Black Sea

Russia accused Britain of spreading lies over a warship confrontation in the Black Sea. What is the issue? Russia annexed Ukraine’s Crimean Peninsula in 2014, a move that was not recognized by most countries in the world. Russia has frequently responded at NATO warships visits near Crimea, casting them as destabilizing. NATO members Turkey, Greece,… Continue reading Places in news: Black Sea

60 Years of Antarctic Treaty

The 1959 Antarctic Treaty (wef 1961) recently celebrated its 60th anniversary. Antarctic Treaty The Antarctic Treaty and related agreements are collectively known as the Antarctic Treaty System (ATS). It regulates international relations with respect to Antarctica, Earth’s only continent without a native human population. For the purposes of the treaty system, Antarctica is defined as… Continue reading 60 Years of Antarctic Treaty

Blended mode of teaching

Blended mode of teaching and its advantages A recent circular by the University Grants Commission (UGC) proposes that all higher educational institutions (HEI) teach 40% of any course online and the rest 60% offline termed as blended learning (BL). The UGC argues that this “blended mode of teaching” and learning paves the way for: 1) Increased student engagement… Continue reading Blended mode of teaching

What is AgriStack?

The Department of Agriculture, Cooperation and Farmers Welfare has entered into an MoU with Microsoft Corporation to start a pilot project in 100 villages to create a ‘Unified Farmer Service Interface’ through its cloud computing services. AgriStack The AgriStack is a collection of technologies and digital databases proposed by the Central Government focusing on India’s… Continue reading What is AgriStack?

Bhutan’s Tax Inspectors Without Borders (TIWB) Programme

Tax Inspectors Without Borders (TIWB) programme has been recently launched. TIWB Program TIWB is a joint initiative of the United Nations Development Programme (UNDP) and the Organization for Economic Cooperation and Development (OECD). India was chosen as the Partner Jurisdiction and has provided the Tax Expert for this programme. It aims to aid Bhutan in… Continue reading Bhutan’s Tax Inspectors Without Borders (TIWB) Programme

[pib] Guidelines for Other Service Providers (OSP)

The Union Minister for Electronics & Information Technology has further liberalized the guidelines for Other Service Providers (OSPs). Do you remember quaternary and quinary sectors of Economy from NCERTs? What are OSPs? These entities are business process outsourcing (BPO) organizations giving Voice based services, in India and abroad. The term Business Process Outsourcing or BPO… Continue reading [pib] Guidelines for Other Service Providers (OSP)

Why counting of poor matters?

Counting the number of the poor If the state of the Indian economy is to be repaired, we need to meticulously count the number of the poor and to prioritise them. The World Bank $2-a-day poverty line might be inadequate but it would be a start and higher than the last line proposed by the C.… Continue reading Why counting of poor matters?

What is Chicago Convention of 1944?

A private commercial flight was forced to make an emergency landing in Minsk by a MiG-29 fighter jet of Belarus.  The incident received considerable global attention. How justified was Belarus in taking such a decision? The answer lies at the junction of Belarus’s domestic laws as a sovereign country and international laws governing the action… Continue reading What is Chicago Convention of 1944?

[pib] Amendments to the Consumer Protection (E-commerce) Rules, 2020

For the purposes of preventing unfair trade practices in e-commerce, the Central Government had notified the Consumer Protection (E-Commerce) Rules, 2020 with effect from 23 July 2020. Consumer Protection (E-commerce) Rules, 2020 The proposed amendments aim to bring transparency in the e-commerce platforms and further strengthen the regulatory regime to curb the prevalent unfair trade… Continue reading [pib] Amendments to the Consumer Protection (E-commerce) Rules, 2020

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