In the middle of this pandemic, the U.S.-China trade war has led many companies to leave China and search for better options. In these times, following the adage “Never waste a crisis” many state governments have scrapped labour laws in the hope to lure these companies who have left China invest in these states. The article discusses the adverse effects of diluting labor laws, not only in the life of the labourers but to the economy.
The topic Government-RBI relations arises from the principle of autonomy of central banks. The functions of a central bank includes controlling money supply, regulating credit by setting rate of interest on borrowing and lending, managing exchange rate etc… [Read More]
Relevance: In April 2020, the UN Secretariat held a meeting to support peace in Afghanistan which included China, Iran, pakistan, Tajikistan, Turkmenistan, Uzbekistan, US and Russia includeing Afghanistan itself. However, India was absent form the [Read More]
Demand for Chinese medical products is exploding during the pandemic. India too is going through with negotiations with China to procure medical supplies. The procurement is ongoing while there is a popular voice to boycott [Read More]
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