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Rajya Sabha clears general insurance bill amid shocking scenes -Damini Nath and Sobhana K Nair

-The Hindu Entire Opposition was united in their call to send the Bill to a select committee The contentious General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed amidst shocking scenes in the Rajya Sabha on Wednesday despite the Opposition’s demand to send the legislation to a select committee. The Rajya Sabha passed the Bill that would allow the government to cut its share in public sector insurance companies, paving the way for...

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Providing horizontal quota: the Bihar way -Aditi Priya and Tejas Harad

-The Hindu The case for reservations for women and transgender persons in State jobs and higher education The Bihar government recently announced 33% horizontal reservation for women in State engineering and medical colleges. While reservation for Scheduled Castes (SCs), Scheduled Tribes (STs), Other Backward Classes (OBCs) and Economically Weaker Sections (EWS) is referred to as vertical reservation, horizontal reservation refers to the equal opportunity provided to other categories of beneficiaries, such as...

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Tackling India's structural vulnerability in agriculture -Sushma Vasudevan and Aparna Bijapurkar

-The Hindu Business Line A sustainable collectivisation of agri produce and marketing, through Farmer Producer Organisations, will help the highly fragmented agriculture sector realise its full revenue potential. It is widely known that India’s agriculture sector has a challenge of lack of scale. Around 80 per cent of our farmers are small and marginal, with less than two hectares of land. Farmer Producer Organisations (FPOs) have been posed for years as the...

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Parliamentary panel recommends money in banks, social security measures for informal workers

-The Hindu ‘Pandemic has made matters worse for women, the young, self-employed, migrants’. Direct transfer of money into bank accounts of informal workers and an urban employment guarantee scheme were among the recommendations of the Parliamentary Standing Committee on Labour in its report on the impact of the pandemic on rising unemployment and job loss. The report, which was presented in the Lok Sabha and tabled in the Rajya Sabha on Tuesday, said:...

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A cycle of low growth, higher inflation -Anand Srinivasan

-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...

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