Category: Policy
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The Fiscal Burden of Agricultural Policies in India: MSP -3
Introduction:India’s agricultural policies and the management of Minimum Support Price (MSP) have been subjects of intense debate and scrutiny for years. The government often argues that providing MSP to all other groups is not feasible in terms of physical management and fiscal stability. However, closer examination reveals that the fiscal…
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The Misconception of MSPs as a Burden on Government Expenses-2
IntroductionMSPs, or Minimum Support Prices, have been a subject of debate and criticism in recent times. Critics argue that MSPs put a burden on government expenses, while proponents assert that it is the procurement process rather than the MSP itself that incurs significant costs. In the following lines, we will…
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Burden of Minimum Agriculture Support Prices (MSP) on the Government- is it True?-1
The topic of government expenses and the burden of Minimum Support Prices (MSP) on the government is a complex issue that requires careful analysis. In the following lines, we will explore the relationship between government expenditures, MSP, and procurement, and discuss potential solutions to manage government expenses effectively. To begin…
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Why India not Maturing in the Manufacturing Sector?
1. Slow Growth: A growth rate of 7.4% in the manufacturing sector over the past six years, it fails to acknowledge that this growth rate is considerably lower than the previous average of 9.5% between 2006 and 2012. This decline in growth raises concerns about the overall trajectory and potential…
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The Future of Global Trade: WTO’s 13th Ministerial Conference
Introduction:The World Trade Organization’s (WTO) 13th Ministerial Conference (MC13) is set against the backdrop of a challenging geopolitical and economic environment, characterized by rising trade tensions and concerns over food security. As one of the largest and fastest-growing economies, India has a crucial role to play in shaping the outcomes…
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Time to have Centre for Excellence for Indian MSMEs
Introduction: Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy, contributing significantly to employment generation and economic growth. However, these enterprises often face challenges such as limited access to finance, technology adoption, market access, and skill development. The existing dispensation like MSME-DI DICs failed to address…
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Will digital Trade become a Source of Revenue for India in 2025?
The World Trade Organization’s (WTO) moratorium on customs duties on electronic transmissions has been in place since 1998, effectively freezing tariffs on digital trade. This moratorium, which has been extended every two years, is now being challenged by India, along with other developing nations like South Africa. India argues that…
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A long way to go to have Right Public Policy for MSMES in India
Introduction: Micro, Small, and Medium Enterprises (MSMEs) have always been an integral part of the Indian economy, contributing significantly to GDP, employment generation, and manufacturing output. Over the years, public policy towards MSMEs has evolved to address their unique needs and challenges. This article critically analyzes the evolution of public…
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Business Politics and Sustainability -II
Introduction: In today’s interconnected world, the alignment of business interests with political agendas has become a defining characteristic of economic policy. As nations grapple with issues of national security, industrial policy, and wealth inequality, it is crucial to explore how this interplay shapes the discourse on sustainability and environmental governance.…
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