Samanvaya Periodic Paper by Ramasubramanian 31st March 2023
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Academic Elites and their Climate Indifference…
Unforgivable sloth of Indian academia towards impact of Climate Change on rural India and
its practices that could contribute towards the knowledge to save the planet…
Greendex was an interesting consumption-based study that rated the greenest consumer base in the
world. This annual rating was by the National Geographic magazine and strangely (or not)
discontinued some years ago. This study ranked India as the No#1 country in the world as green
consumers. We as a consumer base adopted green building techniques, food production practices,
transportation, and materials more than any other in the world. We, as in the majority of India that
continues to live in the villages, not the urban population that irresponsibly consumes at par with
Europeans or Americans. Something must be right and sustainable among the village people of this
land. Who has studied these and why is it that we do not get to hear on these in the mainstream
academic discourse or even among the popular opinion generating media?
Academia in India is an elite that continues to look up to the western universities to generate
knowledge, even if it is knowledge about the CC resilience of communities in India. We do not have
the courage to theorize our own people’s customs, practices, or systems in place. for full text
The curious case of Cash App; Hindenburg’s latest victim https://www.cenfa.org/the-curious-case-of-cash-app-hindenburgs-latest-victim/
As we move from traditional banking to mobile banking apps, this is a cautionary tale of what could go wrong. These apps do come with several security concerns. Recently, in Mumbai, cybercriminals robbed Rs 1 crore from 81 people using the UPI app. Last year, Paytm was in trouble for flouting data storage laws. The money routed through the apps is difficult to trace, unlike in traditional banks. Digital literacy is a must to know and understand fintech; and though it is growing, our everyday life is fraught with rising digital payment frauds! Hope the regulators are paying heed.
Should India break up its big conglomerates? https://www.bbc.com/news/world-asia-india-65108865 30.3.23 India should dismantle its large conglomerates to increase competition and
reduce their ability to charge higher prices, former Reserve Bank of India deputy governor Viral Acharya has argued in a new paper for Brookings Institution, an American research group.
According to Mr Acharya, who is now a professor of economics at NYU Stern, "industrial concentration" - which refers to the extent to which a smaller number of firms account for total production in a country - fell sharply in India after 1991 when the country opened up its economy and state-owned monopolies began giving away their market share to private enterprises. But after 2015, it began rising again.