Assembly polls & 2019

The 3 states of Hindi heartla­nd Chhattisga­rh, MP and Rajasthan along wi­th Telangana and Mizoram are in the pr­o­c­e­ss of electing new governm­ents. These are mere assembly polls and in general sh­ould not have much impact on the national politics. But when these polls are looked at in the context of 2019 general election, it gets significance at the national level.

Opinion: Future of fintech firms

There has been a growing hue and cry out there in the streets with many saying that the verdict handed out by the Supreme Court (SC) bench on the constitutional validity of Aadhaar spells troubles, if not doom, for the fledgling fintech industry. Much before the ink dried on the judgment, some even foresaw the end of the road for these disruptive players who have seen an exponential surge in business growth due to the single-point, digital, Know Your Client (KYC) verification system.

Managing climate change

In recent weeks, serious weather related events have occurred. Some examples are the unprecedented floods in Kerala, the severe cyclone Gaja in Tamil Nadu, the serious cyclone in Odisha and the drought and high temperature in California. It is clear that if we continue to ignore the consequences of human induced climate change, there will be increasing hardship particularly to the economically and ecologically underprivileged sections of our society. The conditions in California were so severe that even the President of the United Stated had to undertake a visit to the affected areas.

Strategic Balancing

The G-20 Summit 2018 will be rememb­ered for large number of bil­a­teral and trilateral meetings. High-profile bilateral meetings betw­een the US and China, and the US and Russia (scheduling of which has seen many flip-flops) are significant in the context of trade war or the Ukraine crisis. The two trilateral meetings, involving US, Japan and India; and China, Russia and India, are significant because of centrality of the Indian position at both.

Opinion: Set up a religious affairs commission

With the increasing number of disputes over faith and religion impacting order in society, has not the time arrived for a religious affairs regulatory commission with quasi-judicial powers to manage matters arising out of faith, disputes between faith & religious communities and groups within a community on various issues that emerge from time to time? Religious diversity is indeed a fact of life for Indians. Every Indian has the right to follow his religion, faith, traditions, rituals and beliefs as long as it does not violate others’ rights and privacy or break the law.

PE capital infusion to NBFCs

In India’s mission to achieve economic growth and financial inclusion, NBFCs have been playing a significant role by offering credit to the people in the underserved and unbanked regions. The sectoral outlook of NBFC was quite bullish in the recent past. However, the IL&FS saga has of late changed the optimism-led scenario altogether. The listed NBFCs witnessed a sizeable erosion of market value. Asset-liability mismatch, liquidity crunch and limitations to seek higher short-term borrowing have put up some obstacles on the growth path of the NBFCs.

Opinion: Growth & digital transformation

A fast-growing infrastructure and the introduction of conducive policies by the government and regulators have established digital transformation as an extremely potent tool for enterprises to boost their productivity. In an increasingly digital business landscape, strategic organisational planning and capacity building are imperative, and necessitate having the right digital strategy in place. However, developing a digital approach and reinventing business processes requires capabilities which traditional information technologies are not equipped to deliver.

Policy for banks

About eight months ago, on March 14, Reserve Bank of India (RBI) governor Urjit Patel raised a very pertinent point on banking regulation and ownership structures in India. Speaking at the Gujarat National Law University, Gandhinagar, Patel stated in unequivocal terms that the “Banking Regulatory Powers in India are NOT Ownership Neutral” in India.

Smart farming tech

This is a smart age where even our phones are often smarter than us. But when it comes to agriculture, time seems to have stopped at an age we have never experienced. It has become the spectacle of age-old practices, rudimentary technologies and distressed farmers who are unsure about the future of both their crops and themselves when we talk of most of the area barring a few developed areas.

Opinion: Right to higher education

Humans are magnificent species, but many times, lack precision. While sloppily using terms alike, they blur concepts. One instance of such confusion is of right and privilege – here, of higher education. Though this debate has been predominantly related with fee structures, now the argument sees more substance. Some economists have described higher education as a private good, leading to an economic return, for which, individuals rightly bear the cost.