115 results found
The most obvious solution is to ramp up China’s welfare state to support the workers who will be left out in the process. The rationale for this is
Every time the government uses an e-governance technology, it results in more efficiency, lesser costs, lesser manpower requirement and lesser physica
Financial Inclusion can help formalise the economy, increase transparency and efficiency, and provide financial stability for India and Africa.
The technologies of the 4IR will increasingly blur the lines between the physical and the digital and exponentially increase the speed and efficiency
More worrying are Washington’s actions before the WTO, which can affect the efficiency and capacity of its robust Dispute Settlement Mechanism. This
With the current government’s plan to build 100 smart cities in India, buildings sector in India has a huge potential to achieve enhanced efficiency
Adam Smith was among the first to challenge mercantilism and the guild system by association. Smith believed that the wealth of nations depended on th
Privatised electricity distribution in Delhi completed ten years last June. Now an important question which we have to ask time and again is, why should the citizens pay for the inefficiency of the distribution companies? This is yet another public service that has become a score point for political parties, giving no relief to the ordinary citizen.
Climate change and economic development are emotive subjects that are closely related: yet one is caused by the other. People’s lives are increasingly getting affected by the negative side-effects of climate change, particularly in developing countries which, at the same time, face enormous challenges to their aspirations for economic growth. Leading scientists agree that global warming is a reality and greenhouse gas (GHG) emissions are requir
India is experiencing a surge in power demand owing to an expanding economy. Even as the country has embraced the idea of transitioning to clean renewable energy, its current demand for electricity can only be met by addressing the concerns surrounding coal-fired power plants. The goal of going green might be a medium- to long-term strategy that should be diligently pursued to avoid future crises. In the short term, however, focus should
Japanese are leaders in global technology dealing with energy efficiency and energy savings. As a result, Japan has lowest energy intensity amongst all countries. This situation was brought about in a dramatic change after the 1974 oil shock.
The concept of food security comprises access, affordability, food safety, food preferences and dietary patterns. Recently, there has been a demand-driven shift in food consumption patterns in India towards nutrition-rich and economically high-value horticulture (fruits and vegetables), livestock and dairy products. Providing for such consumption needs will require diversification of agricultural production beyond the staples, especially wheat an
Saintliness is rigid in adapting to the world. Effectiveness — getting results on the ground, requires flexibility in implementation.
Under the PAT scheme, the market based mechanism created for achieving energy efficiency seems to be inherently flawed. While the market for energy efficiency is about 74,000 crores, it is unlikely that this potential can be tapped by the mechanism envisioned.
Efficiency of delivery by cutting red tape should be the top priority this year.
India presents a unique case of balancing decarbonisation efforts with industrial growth. While notable progress is being made in decarbonising the power and transport sectors, reducing industrial emissions poses a formidable challenge. To meet its decarbonisation targets, India will need massive capital flows, projected at US$10.1 trillion by 2070. While green finance will support technologies that align with the Paris Agreement, transition fina
India’s aspirations to become the third largest economy in the world by 2027, and a developed country by 2047, need to be backed by a liquid, deep, and well-functioning debt market—something that the country does not have. Banks in India typically lack the ability to sponsor long-term projects because their liabilities are of a relatively shorter tenure. An efficient Indian corporate bond market with lower costs and faster issuances could pro
Even as Lethal Autonomous Weapons Systems (LAWS) promise to revolutionise the battlefield, very little analysis moves beyond the great powers to examine the interests that middle powers may have in these systems. Shaped by their own geostrategic contexts, demographic issues and geography challenges, countries like India, South Korea, Indonesia or the Philippines may find utility in LAWS for improving the efficiency of their forces, reducing both
Finance Minister Nirmala Sitharaman needs to infuse strategic urgency into her eighth budget. Five ways she can address the risk from US President Donald J Trump’s efficiency drive
सेंट्रल बँक डिजिटल चलनांना स्पर्धात्मक सिलोमध्ये भू-राजनीतीचे विघटन लक्षात घेऊन एकत्रित जागतिक दृष्टिकोनाची आवश्यकता स्पष्ट करत आहे.
Delhi CM Arvind Kejriwal should take a leaf from the Republic Day chief guest, Japanese PM Shinzo Abe, and profer the much-awaited #AAPnomics of job creation, a strategy on wealth distribution, and, a vision on efficiency. His genius will lie in these making sense to the poorest and the weakest - without forgetting global investors and our diaspora.
This paper presents an approach towards promoting nutritional security on one hand, and water security on the other, in an integrated framework. Using econometric models, it delineates water use efficiency on the basis of calorific estimates of the productivity of agricultural water use in the context of various crops. Based on the estimated marginal product of water across the various crops, the paper finds that alternative crops such as maize a
Surveillance as a tool of governance holds more relevance today than ever before, as information technology grows by the day and collects more biometric data. Biometric data—either first-generation (static biological data) or second-generation (dynamic socio-spatial biological data)—is extracted from the biological and social aspects of individuals and used in surveillance for purposes of national security, civic responsibility, and business
Contemporary India–Australia relations can be best described as being loaded in intent but limited in action. Over the years, pledges of “common destiny” have repeatedly been made, only to remain unfulfilled. The 2018 release by the Australian government of its India Economic Strategy 2035 is an attempt to lay down a vision for capturing the opportunities offered by India’s market. Among these opportunities is mining. This brief discusses
While the civic agencies responsible for daily cleaning of streets and removal of garbage are not demonstrating the desired level of efficiency, many urban residents do not follow any of the waste disposal rules, making waste management increasingly difficult.
One can see the problem of illicit financial flow in a narrow view in terms of loss of tax revenue, but the more often missed out perspective is that these illicit flows create imbalances in the global economy that upset the efficiency of capital. Illicit financial flows cannot be curtailed without the collaborative effort of both developing as well as developed countries
The global shortage in semiconductors that occurred during the Covid-19 pandemic, resulted in heavy losses for many economic sectors. The fragility of the supply chain and the innate dependencies within, have made semiconductor collaboration essential to maintain the industry’s efficiency. This brief examines how semiconductors have become a fulcrum for building potential technology alliances. It outlines ongoing diplomatic initiatives
People voted for change in three of the four Indian States that went to polls recently. While the voters in Tamil Nadu severely punished the ruling DMK combine, which included the Congress Party, for their reported large-scale corruption and inefficiency,
Once synonymous with inefficiency and slothfulness, India's public service delivery system is finally being overhauled and put on the path of reforms. Ironically, these reforms are being spearheaded by a set of state governments. This paper attempts to capture the key trends of this impressive development which has far reaching consequences for democracy and governance in the country.
The Commodity Transaction Tax (CTT) was imposed on non-agricultural commodity derivatives trading in India from 1 July 2013. This paper investigates the impact of the CTT on some of the efficiency parameters of the commodity derivative markets in India. The authors analysed daily trading data from January 2006 to December 2019 of Multi Commodity Exchange (MCX) of India for five non-agricultural commodities: aluminium, copper, crude oil, gold, and
Mainstream debates on European investment in India do not consider the full and diverse impact of investment on economic and social life, and therefore narrow the terrain for crafting richer, alternative investment policies and strategies. This paper examines three misguided—and recurring—ideas that arise in investment debates: (1) consumption growth as an inevitable effect of investment liberalisation; (2) efficiency in fresh food retail as
As India's water availability declines, a holistic approach to water pricing will be needed to avoid conflicts
Deploying the "national security" argument against reform in the intelligence agencies is a fig leaf for defending cronyism, incompetence, inefficiency, and corruption. A proper regulatory mechanism can only strengthen national security, not weaken it. It is time to bring in facts and lessons from global best practices to this debate.
China’s PLA Air Force (PLAAF) has been aiming to acquire strategic and expeditionary capabilities since the Gulf War in 1991, with President Xi Jinping targeting operational proficiency by 2035. The PLAAF has since made strides in hardware, incorporating fourth-generation and stealth fighters into its fleet. It lags in combat experience, however, as well as in operational tactics, military doctrines, and pilot efficiency, particularly when comp
Experts from the BRICS countries and Germany discussed in Delhi 'Supply Side Economics and the Need for Energy Diversification'; 'The Future of Global Energy Systems'; 'Industrial Efficiency and Business Responsibility' and 'Energy Access in BRICS Nations'.
Since 2015, China has been undertaking a thorough restructuring of its military, under the leadership of President Xi Jinping. This has involved significant changes in the operational structure of the People’s Liberation Army (PLA), with the modernisation and optimisation of the military to bring about better jointness and overall efficiency. This paper examines the PLA reforms as they pertain to training and jointness in the Tibet Autonomous R
In many parts of the world, including India, Public Credit Guarantee Programmes (PCGP) improve access to credit for small enterprises that are unable to obtain assistance from mainstream financers. This brief discusses the relevance of PCGPs in India, their mechanisms, features, and efficiency. Although these programmes have improved access to credit for MSMEs (micro, small and medium enterprises), there are concerns regarding their efficiency an
The purpose of this paper is to reopen policy debates on the role of agricultural mechanisation in rural development. The paper examines very different and diverse patterns of agricultural mechanisation in some South Asian countries over the last 30 years
