பொருள்

Inflation Tax in India What is Inflation Tax? Inflation tax is an implicit tax that happens when the government prints more money, leading to inflation. Inflation tax reduces the purchasing power of money held by the public, effectively transferring wealth from individuals and businesses to the government. What is Inflation? Inflation is the rate at which prices for goods and services rise, resulting in a decline of purchasing power over time. When inflation occurs: Each unit of currency buys fewer goods. Consumer prices generally increase. Savings lose value if interest rates don't keep up. Central banks aim to maintain moderate inflation (typically 2-3% annually) to encourage economic growth. Mechanism of Inflation Tax When governments face fiscal deficits and struggle to raise revenue through taxa...

  To promote Inland Water Transport (IWT) in the country, 111 waterways (including 5 existing and 106 new) have been declared as National Waterways (NWs) under the National Waterways Act, 2016 which came into effect from 12 th  April, 2016.

 At the beginning of every sowing season, the Government of India declares Minimum Support Price for 22 crops at which the government purchases from farmers/producers. It gives a guaranteed price and assured market to the farmers by protecting them from Market fluctuations and imperfections. Minimum Support Price :    During the mid-1960 when the Green revolution was helping the government was fighting against the food deficit that India faced, the government realised that unless the crops were guaranteed a minimum support price the farmers won't be motivated to plant high-yielding varieties of Paddy and Wheat crops. MSP was fixed beginning with Wheat.       The government of India sets MSP twice a year. It is recommended by the Commission of Agricultural Costs & Prices which is under the Ministry of Agriculture and Farmers Welfare. The recommendations are of advisory nature and it is not binding on the government.  Calculation of MSP:   ...

 Recently, India unveiled the Account Aggregator (AA) network, a financial data-sharing system that could revolutionize investing and credit, given the potential pool of customers for lenders and fintech companies. Account Aggregator      An Account Aggregator (AA) is a type of RBI regulated entity (with an NBFC-AA license) that helps an individual securely and digitally access and share information from one financial institution they have an account with to any other regulated financial institution in the AA network.  Data cannot be shared without the consent of the individual .  It also gives an Individual to choose an Account Aggregator among many. What's there for an average person?    Our system if filled with hassles today. To ease this a bit, the Account Aggregator network will replace the tedious Paper Process with a easy to use safe digital data access & sharing process. Data Security     Gradually the AA framework will make...

Open Network for digital commerce (ONDC) is an open network that enables buyers and sellers to connect digitally across various platforms. It emulates  UPI . Here it promotes interoperability across e-commerce applications. To put in simple words if there is a seller in Ecommerce platform A, while a buyer in Ecommerce Platform B. Now what if the buyer in Platform B could see the products of  the seller  in  Platform  A.  ONDC  tries to create this interoperability by acting as a bridge.  Hence,  transactions can happen through ONDC regardless of the platform. Gains  Here comes the question. What are the gains ?. As ONDC works cross platform, it creates new access to more buyers, more opportunities. Basically ONDC can democratize the digital commerce by providing a level playing filed for everyone. What is in for government : Currently Ecommerce market is dominated by a few large players. This serves as an Impediment for aspiring busines...

   2021-22-ம் ஆண்டிற்கான பொருளாதார ஆய்வறிக்கையை பாராளுமன்றத்தில் குடியரசு தலைவரின் உரைக்குப்பின்னர் நிதி அமைச்சர் நிர்மலா சீதாராமன் சமர்ப்பித்தார். இவ்வருட ஆய்வறிக்கையின் மைய கருப்பொருளாக "விரைவான அணுகுமுறை" (Agile Approach) எடுத்துக்கொள்ளப்பட்டது. பொருளாதார ஆய்வறிக்கை பொருளாதார ஆய்வறிக்கை என்றால் என்ன ? இந்திய பொருளாதார ஆய்வறிக்கை என்பது ஆண்டிற்கொருமுறை நிதி அமைச்சகம் வெளியிடும் கோப்பாகும். இக்கோப்பு இந்தியாவின் பொருளாதாரத்தை பற்றியும் வளர்ச்சியை பற்றிய அதிகாரபூர்வ எண்களை கொண்டது மட்டுமில்லாமல் இந்திய பொருளாதாரத்தின் மீதான மூல தரவாக (Source data) பார்க்கப்படுகிறது. இது பொருளாதார விவகாரங்கள் (Department of Economic affairs) துறையின் கீழ் செயல்படும் பொருளாதார பிரிவால் தலைமை பொருளாதார ஆலோசகரின் ஆலோசனையின் அடிப்படையில் தயாரிக்க படுகிறது. இந்தியாவின் முதல் பொருளாதார ஆய்வறிக்கை 1950-51-ம் ஆண்டில் பாராளுமன்றத்தின் முன் சமர்ப்பிக்கப்பட்டது. முக்கிய அம்சங்கள் :  வளர்ச்சி: 2021-22-ல் உறுதியான நிலையில் 9.2 சதவீத வளர்ச்சி எதிர்பார்க்கப்படுகிறது (2020-21 ஆண்டு இதே கட்டத்தில் பொருளாத...