Wisdom and Information.

 What are MSPs, and how are they decided? Typically, MSPs create the benchmark for farm prices not just in those commodities for which they are announced, but also in crops that are substitutes. MSP provide a floor for market prices, and ensure that farmers receive a certain "minimum" remuneration so that their costs of cultivation (and some profit) can be recovered.  Round the year, India’s farmers produce a host of agricultural commodities such as paddy (rice) in the kharif season (in which sowing happens in June and harvesting in November) or wheat in the rabi season (in which sowing happens in November and harvesting in March). For the most part, farmers sell their produce in the market. But what if the prices in the market are too low to adequately remunerate farmers? This can often happen if there is a bumper crop that season, or if the international prices of a particular commodity are quite low (and as such imports are very cheap). In such a scenario, Ind...

 RBI’s digital currency plans Why is the Government introducing CBDC? What will be the risks in the transition to a new monetary system? The story so far:  In the Budget presented for 2022-23, Finance Minister Nirmala Sitharaman had announced the introduction of India’s Central Bank Digital Currency (CBDC) and that the digital rupee would give a ‘big boost’ to digital economy. She had indicated that technologies such as blockchain would be used by the Reserve Bank of India to issue the currency, starting 2022-23. The Reserve Bank had, in July 2021, indicated that it would soon begin work on the ‘phased implementation’ of the CBDC. THE GIST In the 2022-23 Budget, Finance Minister Nirmala Sitharaman had announced the introduction of India’s Central Bank Digital Currency (CBDC). A CBDC is no different from physical cash, except that it would exist in a digital form. The CBDC will be held in a digital wallet that is supervised by the RBI. Central banks claim that there is an incre...

कौन हैं 'हिमालय के रहस्यमयी योगी' जिसके साथ समंदर में तैरना चाहती थीं NSE की पूर्व चित्रा रामकृष्ण- ईमेल चैट से खुलासा : NSE Scam: पिछले कुछ समय से नेशनल स्टॉक एक्सचेंज (NSE) का मामला सुर्खियों में हैं। इस मामले की जांच सेबी (SEBI) कर रही है और आए दिन चौंकाने वाले खुलासे हो रहे हैं। सेबी ने नेशनल स्टॉक एक्सचेंज की पूर्व प्रबंध निदेशक चित्रा रामकृष्ण (chitra ramkrishna) के ईमेल का खुलासा किया है। इस ईमेल में चित्रा रामकृष्ण और हिमालय के रहस्यमयी योगी (Faceless yogi) के बीच की कई 'सीक्रेट' बातें सामने आईं, जो आपको हैरान-परेशान कर देगी। 59 साल की चित्रा और फेसलेस योगी के बीच अब एक और चैट का खुलासा हुआ है। ईमेल में अज्ञात व्यक्ति और चित्रा रामकृष्ण के बीच जो चैट हुई थीं, उसे पढ़कर सेबी के अधिकारी तक चौंक गए।  'बैग तैयार रखिए..अगले महीने हम सेशेल्स चलेंगे' 17 फरवरी, 2015 को कथित रूप से उस अज्ञात व्यक्ति से रामकृष्ण को भेजे एक ईमेल में लिखा था, “कृपया, बैग तैयार रखिए। मैं अगले महीने सेशेल्स (Seychelles) की यात्रा की प्लानिंग का रहा हूं, कोशिश करूंगा कि आप ...

 What is an IPO?  While coming with an IPO, the company has to file its offer document with the market regulator Securities and Exchange Board of India (Sebi). Following the IPO, the company is listed on the stock exchange .  An IPO or initial public offering is the process by which a privately held company, or a company owned by the government such as LIC, raises funds by offering shares to the public or to new investors. Following the IPO, the company is listed on the stock exchange. While coming with an IPO, the company has to file its offer document with the market regulator Securities and Exchange Board of India (Sebi). The offer document contains all relevant information about the company, its promoters, its projects, financial details, the object of raising the money, terms of the issue, etc. In order to protect investors, Sebi has laid down rules that require companies to meet certain criteria before they can go to the public to raise funds. Among othe...

The Uniform Civil Code (UCC) calls for the formulation of one law for India, which would be applicable to all religious communities in matters such as marriage, divorce, inheritance, adoption. The code comes under Article 44 of the Constitution, which lays down that the state shall endeavour to secure a Uniform Civil Code for the citizens throughout the territory of India.   The issue has been at the center of political narrative and debate for over a century and a priority agenda for the Bharatiya Janata Party (BJP) which has been pushing for the legislation in Parliament. The saffron party was the first to promise the implementation of UCC if it comes to power and the issue was part of its 2019 Lok Sabha election manifesto.   Why is Article 44 important?   The objective of Article 44 of the Directive Principles in the Indian Constitution was to address the discrimination against vulnerable groups and harmonise diverse cultural groups across the country. Dr. ...

What Is The Meaning Of MOP, MRP Or SRP? Introduction Every market system operates on certain pricing strategies which the retailers are bound to follow. These strategies set definite guidelines and price limits for the products and services sold so that the retailers do not sell them below or beyond the prescribed level. These include MOP, SRP, or MRP. Therefore, it is imperative to know the meanings of SRP, MOP, and MRP to understand their utility in business and how retailers can apply them while they sell their products and services. MRP, SRP, or the MOP have different implications and set various limits on the prices of commodities sold. What Is The Meaning Of MOP, MRP Or SRP? What is MOP? MOP is known as the Market Operating Price, better known as the actual price at which products or services are available to the retailer. It is also the lowest price at which the retailer can sell these products or offer the services in the market for no profit, no loss. The Market Op...