Reading Time: 6 mins According to the data from the International Labour Organization (ILO), India’s female labour force participation rate (FLPR) is at 27% which is among the lowest in the world and has declined considerably over the last 2 decades. This decline in female labour force participation is despite robust economic growth, rising incomes, falling fertility rates and improvements in female literacy.
Reading Time: 5 mins Recently, the Supreme Court Collegium has arbitrarily withdrawn its own decision on appointing two judges and has recommended names of two other judges to the government for elevation to the Supreme Court by superseding 3 judges senior to them. It highlights issues regarding the appointment of judges and the need to understand the system of judicial appointments in India.
Reading Time: 4 mins
Recently, the Ministry of Commerce & Industry reviewed and amended the Foreign Direct Investment (FDI) Policy in e-commerce in order to ensure a level playing field between offline and online sectors. E-commerce firms are needed to comply with the new guidelines by February 1, 2019.
This article answers the following questions in an analytical manner with a quick-revision mindmap:
- What is e-commerce?
- What is an E-commerce Entity?
- What are the types of E-commerce models?
- What is the salient feature of the recent amendments?
- What are the potential benefits of these amendments?
- What are the concerns with these amendments?
- What should be the way forward?
Reading Time: 4 mins Recently, the Lok Sabha has passed the Citizenship (Amendment) Bill, 2019 which seeks to ease norms for religious minorities from neighbouring nations (non-muslims) to get Indian citizenship by amending age-old Citizenship Act, 1955. However, it has polarised regions in border states such as Assam since the locals fear that it will result in demographic change due to immigration.
Reading Time: 5 mins The Ministry of Chemicals & Fertilizers has recently released the Drugs (Prices Control) Amendment Order, 2019 which prescribes that the drugmaker who has brought in an innovative patented drug will be exempt from the price control rules for 5 years from the date of marketing. It is meant to strike the right balance between consumer and producer interests. However, it falls short of addressing certain concerns regarding the drug pricing regulation in India.
Reading Time: 5 mins NITI Aayog in its recent ‘Strategy for New India @ 75’ document, suggested for the establishment of All India Judicial Service. However, the number of different shortcomings and concerns in its implementation necessitates a relook on the proposals.
Reading Time: 5 mins Ujwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for the electricity distribution companies of India (DISCOMS). It was launched with an aim to find a permanent solution to the financial struggle of the power distribution companies. However, even after 3 years of its implementation, the discoms continue to perform poorly. Therefore, urgent reforms are needed to address this issue and strengthen the power sector in India.
Reading Time: 5 mins Recently, Indian firm “India Ports Global Limited” took over operations at the Shahid Behesti Port in Chabahar, Iran. The representative of India, Iran, and Afghanistan met and finalized the routes for trade and transit corridors between the three nations. An event has also been planned on February 26, 2019, to promote and popularise the potential of Chabahar port.