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China’s GDP growth could slow to 5% on the back of a real estate crisis, changing demographics and government debt. With investment seeking a new home, this could well be India’s moment. But first, it has a lot to do: build quality infrastructure fast, enlarge the skilled workforce, raise literacy rates and much more. Please listen to the latest episode of All Indians Matter.
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There is an effort to simplify the KYC process to make it more ‘risk-based’, instead of one-size-fits-all, and amenable to digital needs. KYC has faced challenges over the years, but it’s needed to safeguard financial institutions and their customers. Ganesh Ram, MD and CEO of MF Utilities, tells All Indians Matter how India can deal with the challenges.
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The government claims that the replacement of the Indian Penal Code, the Indian Evidence Act and the Criminal Procedure Code with new laws is the transformation the criminal justice system needs. But there is a sense of disquiet with what is being proposed. Experts and activists have issued warnings about several aspects, from provisions in the new bills being vague to the government granting itself more draconian powers to some laws not changing much except for the semantics. Please listen to the latest episode of All Indians Matter.
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Like lithium, uranium is seen as the key to India’s green energy push. However, it’s mining is not hazard-free and can impact the health of local communities; pollute land, water and the air; and ultimately harm the very environment green energy is supposed to protect. India’s uranium push must be accompanied by sufficient social and environmental safeguards. Please listen to the latest episode of All Indians Matter.
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UPI payments accounted for 52% of the 8,840 crore digital transactions with a value of Rs 126 lakh crore in FY2021-22. In FY2018-19, UPI accounted for only 17% of India’s 3,100 crore digital transactions. Rohit Taneja, founder of Decentro, an API platform for banking integrations, talks to All Indians Matter about how UPI has changed financial transactions and, by extension, the larger economy.
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India is throwing open lithium mining to the private sector. While lithium is critical for the green energy and net-zero push, the new policy must factor in the very real and serious pollution and socioeconomic concerns about the mining process. Please listen to the latest episode of All Indians Matter.
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10 gram panchayats in Kaagal taluka of Kolhapur district have passed a unanimous resolution demanding a merger with Karnataka. This brings into focus yet again the boundary dispute between Maharashtra and Karnataka. Both states have refused to budge and the matter has been in the Supreme Court since 2004. Meanwhile, how is this playing out on the ground? Please listen to the latest episode of All Indians Matter.
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A chance conversation with an academician at a leading public university got me thinking. He mentioned that political pressure on the institution and interference in its working have affected it deeply, impacting everything – from who gets to speak there to what students can research and speak openly about. This is a sentiment echoed across India’s institutions of higher learning. In effect, the government is trying to control and direct how students and professors think. Please listen to the latest episode of All Indians Matter.
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The HDFC Bank-HDFC Ltd merger has created a financial services behemoth, among the largest in the world, with an estimated market capitalisation of Rs 14.37 lakh crore. While the benefits are evident for the merged entities, from a wider offering and distribution reach to lower cost of funds, for customers it would mean a greater choice of financial products and services at more competitive rates. For the wider economy, it could mean more effective underwriting of large-ticket infrastructure loans and greater credit flow. Please listen to the latest episode of All Indians Matter.
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The July 11, 2006, train bombs remain etched in Mumbai’s memory. The blasts were followed by a massive police operation in which roughly 350 people were detained. In the end, in September 2015, 12 persons were convicted with five of them sentenced to death. But there was one man, Abdul Wahid Shaikh, who was declared innocent. The ordeal however destroyed his life. He recalls the trauma, torture and stigma that simply won’t wash off to All Indians Matter.
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