By Rohan Pai
India’s growing environmental concerns have pushed the Government of India to re-evaluate its energy choices, and look into sustainable modes of production. Some of the key initiatives being carried out are focused on the electrification of vehicles, and the long-awaited launch of Tesla Motors in the Indian market. These initiatives will be a step in the right direction for the GoI’s plans. However, it is crucial to examine whether India is prepared to host these initiatives and if we can provide the right environment for these developments.
While it wasn’t that long ago that Europe repealed its wealth taxation, is it safe to say that the pandemic has resurged the popularity of radical policies and schemes that target the redistribution of wealth?
Paid leaves for parents after stillbirths or miscarriages are certainly a social issue. However, the effects of grief on productivity make it an economic issue in tandem. This gives the opportunity for inclusive legislation that can improve economic conditions and boost economic growth.
Samyukta Prabhu & Rohan Pai
While Amazon’s Twitter antics have made news for all the wrong reasons, it has taken attention away from the delivery workers’ strikes worldwide. Hectic shifts, decreasing pay and lack of basic benefits are problems faced by delivery personnel across several e-commerce platforms. This article highlights the poor working conditions faced by Indian gig workers over the course of the pandemic, and examines what lies ahead.
Trade Unions all around the country are protesting because they believe that the privatisation is bad for the economy. This article explores the role of Public Sector Banks to understand the impact of privatisation.
With the Parliament gearing up to pass a new cryptocurrency bill, investors and entrepreneurs are desperately scrambling to keep a dialogue open with the government. Given that the State is unlikely to change its stance, will India be potentially missing out on the next big thing since the Internet?
The COVID-19 pandemic has highlighted how profitable large firms, such as Amazon and Facebook, can be even during times of global turmoil. Is there a check on how firms can become so all-encompassing such that consumers can’t avoid purchasing their products even if they tried – and what implications does this phenomena hold for economic systems across the world?
India’s vaccination drive has witnessed considerable private sector involvement – from the development of vaccine candidates, to their mass-production. The recent announcement confirming the allowance of private distribution of vaccines has furthered this involvement. What implications does privatization of inoculation drives hold for India and its public healthcare capabilities?
This steep revision in fiscal deficit estimates for the current financial year (2020-21) as one of the highlights of the Budget. If we take a closer look at fiscal deficit revision and the path the government wants to take in the future, we find three important points to underline – the good, the bad and the ugly.
Since the suggestion is about valuing women’s work in India, a good starting point would be to explicitly recognize their contribution to household enterprises as workers, on the same footing as the men, and share the earnings from the household enterprise fairly.
As Nirmala Sitharaman presented the Union Budget on 1st February 2021, setting India forward on the road to economic recovery, the writers of OpenAxis sat down with Professor Nishant Chadha to better understand the nuances of the Budget and its implications.
The actual nature of power within market structures has been exposed, and it cannot be allowed to fade from public memory. The “free” market is a selectively free market.
Farmers have been protesting the newly passed farm bills across the country. But what exactly are the components of this bill and how can it potentially impact the future of the Indian economy?
The problem facing the Indian economy is threefold- demand has dipped significantly, inflation is rising and the supply chain has been disrupted. How steep is the road to recovery and how may we be able to walk it?
President elect Joe Biden seems to have very different views from President Donald Trump on most socio-political issues, and his economic policies seem to be very different as well. So what will Bidenomics mean for America and the world?
The economics of Google and Amazon seem to fundamentally differ from regular brick-and-mortar stores. Can we factor this into antitrust law? Or are monopolies inevitable in the tech world?
Does the ‘dismal science’ have any bearing on our lives? Here are a few insights from Nobel-winning economists to help us model our way through the world.
The crisis of Non-Performing Assets (NPAs) has been looming over the Indian banking sector for a while now. Since lockdowns are being imposed in the country as a means to respond to the COVID-19 pandemic, will the sudden slowdown of the economy drive the crisis to its brink?
How “rational” can humans be while making economic decisions? Does our monkey mind constrain the functioning of stock markets?
Targeted ads follow us around the internet. Can the government use them to control elections? How do they expand Big Tech’s profitability? Is there a way for us to use social media without surveillance?