Understanding Cyclicality of Fiscal Policy, High Fiscal Deficit in Union Budget 2021-22: Implications on Inflation

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In sum, revenue contraction, expenditure-side stimulus measures, and low denominator GDP – these three factors have collectively contributed to the high fiscal deficit in 2020-21 RE.

Will IPRs restrict access to Covid Vaccine?

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The IPR waiver would allow all countries to choose to neither grant nor enforce patents and other IPRs related to COVID-19 drugs, vaccines, diagnostics and other technologies for the duration of the pandemic until global herd immunity is achieved. This move harkens back 20 years to the HIV/AIDS epidemic, when affordable generic HIV drugs, made in countries where patents did not block production, began saving millions of people’s lives.

Polling Station

Why Indian Voting System Needs to Change

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Democracies need to evolve both to cater to the needs of citizens and meet demands of the new generations. In this regard, India has been debating over the issue of Proportional Representation (PR) versus First – Past – The – Post (FPTP) for decades.