Monthly Archives: December 2022

THE FRAMEWORK OF RESERVATION

Early last month, the Supreme Court of India upheld the 103rd Constitutional Amendment Act, which had introduced 10% reservation for the economically weaker sections (EWS). The EWS quota and the Court judgment that followed have shifted the discussion on the legacy of affirmative action based on caste in India. With …

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CYCLONE MANDOUS

With the cyclonic storm Mandous brewing over the Bay of Bengal likely to hit the north Tamil Nadu and Puducherry coasts around Saturday morning, intense rain may lash many districts of Tamil Nadu between Thursday and Saturday. The weather system may produce extremely heavy rain in a few districts on …

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RBI LIMITS INCREASE TO 35 BPS

The Reserve Bank of India (RBI) on Wednesday raised the policy repo rate by 35 basis points (bps) to 6.25%, downshifting gears from consecutive increases of 50 bps, and scaled down GDP growth hopes for the year to 6.8% from 7%, even as Governor Shaktikanta Das exuded confidence about the …

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TRAI – CALLING NAME PRESENTATION (CNAP)

On November 29, the Telecom Regulatory Authority of India (TRAI) floated a consultation paper seeking comments about the potential introduction of a Calling Name Presentation (CNAP) feature. The feature would provide an individual with information about the calling party (similar to ‘Truecaller’ and ‘Bharat Caller ID & Anti-Spam’). The idea …

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‘FERTILIZER SUBSIDY FOR FY23 MAY RISE TO ₹2.3-2.5 LAKH CR.’

The government’s fertilizer subsidy will rise to ₹2.3-2.5 lakh crore in this fiscal but the bill may fall by 25% in the 2023-24 financial year with moderation in global prices, according to industry body FAI. Fertilisers Association of India (FAI) expressed concern that the fixed cost of urea has not …

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NEW LABOUR CODES, AT THE 17TH ASIA AND THE PACIFIC REGIONAL MEETING (APRM)

International workers’ groups criticised the Centre’s labour policies, including the four new labour codes, at the 17th Asia and the Pacific Regional Meeting (APRM) of the International Labour Organization (ILO), which began here on Tuesday. India’s new labour codes violate the tripartite agreements — among workers, employers and the government …

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WINTER SESSION OF PARLIMENT

With 25 Bills, including two financial Bills, listed for the 17-day Winter Session of Parliament, the Opposition parties have expressed concern about the limited time available for any meaningful debate on them. At an all-party meeting on Tuesday, they said there would be even less time available to raise other …

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YUAN WANG 5, SURVEILLANCE VESSEL OF CHINA

The Chinese research and survey vessel Yuan Wang 5 has re-entered the Indian Ocean in what coincides with a planned Indian long-range missile test on December 15 or 16. In a similar incident last month, another vessel, Yuan Wang 6, entered the Indian Ocean Region (IOR) coinciding with a planned Indian missile launch, …

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SCENARIOS FOR THE FUTURE OF INDIA, AND THE WORLD

Making predictions of the economic growth of nations — long term, annual, and quarterly — is a lucrative industry employing many economists, researchers, analysts, and commentators. The fast growth of BRICS (Brazil, Russia, India, China, South Africa) economies was forecast by economists at the turn of the millennium. The prediction …

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