Category Archives: Economics and Business

RuPay Card: All you need to Know !!

  What is RuPay card?Recent developments saw Government passing on instructions to state owned banks to issue RuPay debit cards to their customers. This looks like a clear indication to…

Methodology for Coal Block Auction approved

  The Government has approved the methodology for auction by competitive bidding of the coal blocks. The methodology provides for auctioning the fully explored coal blocks and also provides for…

Summary of Economic Survey 2013-14

  The Economic Survey 2013-14, presented in the Lok Sabha by the Union Finance Minister Arun Jaitley, has noted that as India had a large trade deficit in the first…

Railway Budget 2014 -15 : Summary

  In his maiden budget, Railway Minister Sadananda Gowda said the bulk of future railway projects will be financed through public-private partnerships and his ministry would seek cabinet approval for allowing foreign direct…

Special Drawing Rights (SDRs): How it Works ??

  The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. Its value is based on a basket of four…

Centre – State financial relation & Special Category Status: Decoded

  Author: Suchak Patel  In any Federal structure, well defined state central financial relation between state and centre is necessary for the smooth working of whole political system. As a…

Recommendations of Tax Administration Reform Commission

  A panel headed by Parthasarathi Shome on Monday recommended abolishing the post of revenue secretary as part of needed reforms in the tax administration. It also said the Central Board of Direct Taxes and…

The Dilemma of KG Gas: Decoded

  Author: Suchak Patel    Nowadays, this title has become the synonym of crony capitalism. There are many reports, articles published on the topic in both electronic and print media….

India’s Mobile Governance Initiative bags UN’s Award

  India’s Mobile Governance Initiative (Mobile Seva) bags United Nations Public Service Award for 2014. The United Nations Public Service Awards Programme (UNPSA), the most prestigious international recognition of excellence…

Affordability of Healthcare in India

  Edited excerpts from an address by M Hamid Ansari, vice-president of India at the golden jubilee of Govind Ballabh Pant Hospital at Maulana Azad Medical College, New Delhi, April 30, 2014….