The 30th anniversary of economic reforms is a good occasion to recall its gains and, more importantly, remind ourselves of the unfinished tasks. Modi government should push reforms in the financial sector and factor market reforms, privatisation of PSUs while resisting the trap of protectionism to realise India’s growth potential.
Digital currency is the future. RBI seeking to launch one a right shift away from its conservative stance
RBI’s move to consider launching a central bank digital currency couldn’t have come sooner. RBI has been conservative and banned crypto transactions by banks while much of the world is trying to catch up with China. Digital currency is the future and can help cut cash usage in the economy.
China objecting to lab leak theory inclusion in Covid origin probe suggests it’s hiding the truth
China’s decision to not participate in WHO’s coronavirus origin probe if the lab leak theory remained in play is deeply disappointing. Chinese labs and research centres where first human cases were reported in 2019 need to be audited and studied. Beijing’s intransigence only strengthens suspicion that it’s hiding the truth.