Recently, the government has launched the pilot phase of Open Network for Digital Commerce (ONDC) with an aim to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. ONDC is a freely accessible government-backed platform that aims to democratise e-commerce by moving itRead more
Foreign portfolio investors have pulled out Rs 42,000 crore this month amid rising inflation and monetary policy tightening in the US. FPI involves an investor buying foreign financial assets such as fixed deposits, stocks, and mutual funds. All the investments are passively held by the investors. Capital flight is a phenomenon characterized by large outflowsRead more
Caste through its rigid social control and networks facilitates economic mobility for some and erects barriers for others by mounting disadvantages on them. Caste shapes the ownership pattern of land and capital and simultaneously regulates access to political, social, and economic capital too. There are three ways in which caste impedes the economic transformation inRead more
Uddhav Thackeray’s government facing internal dissent from a block of 22 MLA led by Eknath Shinde, has brought the anti-defection law again into the spotlight. Such events were also witnessed in Puducherry, Madhya Pradesh, and Karnataka. ANTI-DEFECTION LAW The anti-defection law was included in the constitution as the Tenth schedule via the 52nd amendment actRead more
Recently, the Centre has defined a list of single-use plastic items that will be banned from 1st July 2022. As the name suggests, it refers to plastic items that are used once and discarded. The manufacture, import, stocking, distribution, sale and use of notified single-use plastic, including polystyrene and expanded polystyrene, commodities shall be prohibitedRead more
The proposal for an increase in the retirement age of judges of the Supreme Court of India from 65 to 67 years is under consideration. Important issues associated with the appointment and working of Judges in the higher judiciary The disparity between the retirement ages of HC (62year) and SC judges(65year) should be removed. AtRead more
Recently, the Centre has defined a list of single-use plastic items that will be banned from 1st July 2022. As the name suggests, it refers to plastic items that are used once and discarded. The manufacture, import, stocking, distribution, sale and use of notified single-use plastic, including polystyrene and expanded polystyrene, commodities shall be prohibitedRead more
Lightning is a very rapid and massive discharge of electricity in the atmosphere. It is the process of occurrence of a natural ‘electrical discharge of very short duration and high voltage between a cloud and the ground or within a cloud. These discharges are generated in giant moisture-bearing clouds that are 10-12 km tall. TheseRead more
Due to systemic issues, Parliament continues to alienate women. The number of women representatives is still considerably small, but even more subtly, Parliament as a workspace continues to be built exclusively for men. Women’s participation in the initial years In 1952, when the Indian Republic held its first Parliamentary session, there were 39 strong, intelligent,Read more
Recently, Stockholm International Peace Research Institute (SIPRI) released its yearbook a few days back highlighting some worrying trends of the past year in international security. The expected rise of the global nuclear arsenal was the chief cause of concern among SIPRI experts. Key findings: Military spending Flattened: During 2012-2021, military spending as a percentage ofRead more
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