{"id":22461,"date":"2025-03-10T23:11:29","date_gmt":"2025-03-10T17:41:29","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=22461"},"modified":"2025-03-10T23:11:29","modified_gmt":"2025-03-10T17:41:29","slug":"indias-economic-problem","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=22461","title":{"rendered":"India’s Economic Problem"},"content":{"rendered":"

India\u2019s Economic Problem<\/span><\/b><\/p>\n

Author: Sanskar Sankar<\/p>\n

Surveillance and Privacy in India\u2019s Digital Economy: A Critical Analysis of the Data Protection Bill 2019<\/span><\/b><\/p>\n

fraha(2024) Presented<\/span>With the rise in internet usage, concerns about surveillance and privacy have grown worldwide. Most studies focus on specific digital settings, but these issues go beyond national boundaries and affect global economies.<\/p>\n

Purpose:<\/strong>
This study analyzes the effectiveness of the Data Protection Bill 2019 in addressing surveillance and privacy in India’s digital economy. It examines key provisions, compares them to international privacy laws, and identifies gaps to assess how well the bill protects personal data and limits surveillance.<\/p>\n

Methodology:<\/strong>
The study is based on secondary data from academic articles, government reports, and news articles. It involves content analysis and critical discourse analysis to examine privacy, surveillance, and the Data Protection Bill 2019.<\/p>\n

Findings:<\/strong>
The analysis of the Data Protection Bill 2019 highlights its aim to protect citizens\u2019 privacy and limit excessive surveillance by both the government and private organizations. The bill outlines individuals’ rights over their data, including access, correction, and deletion. It also requires explicit consent for data collection and processing.<\/p>\n

However, the study also identifies several weaknesses. A key concern is the exemption granted to government agencies, which raises questions about fairness and transparency in data protection. This exemption could lead to inconsistencies in privacy laws compared to international standards.<\/p>\n

In conclusion, while the bill introduces important privacy protections, it also has limitations that need to be addressed to ensure stronger and more balanced data protection in India.<\/p>\n

\u00a0<\/span>Global Solid Waste Management Market: Trends and Forecast (2023-2033)<\/strong><\/span><\/p>\n

Liudmyla (2024) Presented <\/span>The solid waste management market includes the collection, transportation, recycling, and supervision of waste. In 2023, the global waste management market showed significant growth, with forecasts predicting continued expansion until 2033. Key factors influencing market dynamics include urbanization, environmental regulations, waste-to-energy technologies, and circular economy initiatives. North America holds the largest market share, while Asia-Pacific, especially China and India, is growing rapidly due to economic development and urbanization. Industrial waste is the largest segment, with electronic waste showing high growth potential. Increasing government investments and public awareness are driving innovation in waste management technologies.<\/p>\n

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\u00a0<\/span>News Coverage Impact on BRICS Policies<\/span><\/b><\/b><\/p>\n

1. Purpose<\/span><\/b>
This research examines how news coverage in BRICS nations (Brazil, Russia, India, China, and South Africa) influences political and economic policies, highlighting media narratives and proposed solutions.<\/span><\/p>\n

2. Methodology<\/span><\/b>
A content analysis of 11 newspapers from BRICS countries explores national interests, economic policies, leaders\u2019 statements, and geopolitical contexts, especially regarding BRICS expansion.<\/span><\/p>\n

3. Findings<\/span><\/b>
All newspapers emphasize BRICS Summits’ role in global politics and economic growth. The Buenos Aires Times uniquely focuses on Argentina\u2019s BRICS admission, political debates, and elections.<\/span><\/p>\n

4. Limitations<\/span><\/b>
The study relies only on newspaper coverage, missing insights from other media sources, which may limit the broader understanding of BRICS discussions.<\/span><\/p>\n

5. Practical Use<\/span><\/b>
Findings help policymakers, businesses, and media professionals understand economic trends, refine coverage, and promote international cooperation.<\/span><\/p>\n

6. Social Impact<\/span><\/b>
This study promotes informed discussions, media literacy, and cross-cultural understanding, encouraging public engagement in BRICS-related socio-economic issues.<\/span><\/p>\n

\u00a0<\/span><\/span><\/b>Indian Diaspora and Public\u2013Private Partnership<\/span><\/b><\/h3>\n

Salu(2024)Presented\u00a0<\/span>The Indian diaspora remains connected to their homeland, supporting various projects through public\u2013private partnerships. Many faced hardships during childhood in India, where conditions were unfavorable for entrepreneurial growth before independence. Despite challenges, they migrated to the West, where they gained essential business skills through experience. Exposure to new cultures and technologies helped them prosper and later contribute to India\u2019s development. Social remittances from the diaspora include money, ideas, and business models for sustainable growth. Developed countries showcase how social entrepreneurship supports economic and environmental progress. Indian diaspora initiatives help create jobs, develop skills, and promote sustainability in Indian villages<\/p>\n

\u00a0<\/span>Social Enterprises in India: A Literature Review<\/span><\/strong><\/h3>\n

Parul(2024) presented <\/span>Social enterprises (SEs) help address social issues and support sustainable development. Interest in SEs is rising in emerging economies like India among businesses, policymakers, and scholars. It is essential to review scholarly research to understand SE operations in developing economies. This study reviews 101 peer-reviewed articles on Indian SEs over three decades. It examines the evolution of research and presents a business model canvas for Indian SEs. The study explores value systems, social entrepreneurship culture, and emerging market economies. Key research themes, major findings, and research gaps are identified for future research directions<\/p>\n

\u00a0<\/span><\/span><\/b>Green Innovation and Energy Consumption in BRICS Nations<\/span><\/b><\/h3>\n

Junmei (2024) presented <\/span>The BRICS countries\u2014Brazil, Russia, India, China, and South Africa\u2014face serious environmental challenges due to rising energy consumption. This study explores how green innovation can help reduce these harmful effects. By integrating green technology with strong institutions and responsible energy use, BRICS nations can lower their ecological footprint. Using data from 1995 to 2022, we analyze the impact of institutional quality, energy consumption, and green innovation. Our results show that green innovation is key to reducing environmental damage. High energy use and urbanization increase the ecological footprint. Investing in green technology and strong institutions can help BRICS achieve sustainable growth<\/p>\n

\u00a0<\/span>The Impact of Fiscal Policy on Price Levels<\/span><\/strong><\/p>\n

Biswajit (2024) presented <\/span>The Fiscal Theory of Price Level (FTPL)<\/strong> explains how fiscal policy affects prices and became popular in the 1980s. Developing countries often face long-term fiscal deficits and rely on public debt. However, research on FTPL in these countries is limited. This paper studies India’s price level from 1985 to 2019 using FTPL principles. The study considers fiscal factors like deficit, debt, public spending, and money supply. Results show that the fiscal deficit increases prices, while public spending stabilizes them. Public debt has an inflationary effect, but its impact is weak, while the money supply raises prices. <\/b><\/p>\n

Impact of COVID-19 on Informal Workers and Migrants in India<\/span><\/strong><\/p>\n

Megan Schmidt-Sane & Mihir Bhatt & Mehul Pandya & Lyla Mehta(2024)<\/span>The COVID-19 pandemic and lockdowns caused a major economic and social crisis, especially in the informal sector. Many workers in low- and middle-income countries lost their jobs and faced food and housing insecurity. Families and communities also suffered due to this instability. Migrant workers were stuck in places without social or financial support. In India, a large number of migrant workers had to return home but lacked proper assistance. This created a severe humanitarian crisis. This paper explores how COVID-19 affected internal migrant workers, especially based on gender and social factors<\/p>\n

Challenges in GST Implementation<\/span><\/b><\/h3>\n

\u00a0<\/span><\/span>Goods and Services Tax (GST) is one of the most significant tax reforms in India, implemented after extensive discussions with stakeholders.
It took nearly a decade to develop and enforce, making it a challenging task.
The primary goal was to eliminate cascading effects and ensure fair revenue distribution with full transparency.
However, the GST regime faces both implementation and structural challenges.
This study combines theoretical and empirical research from 2017 to 2020.
It primarily focuses on the challenges GST has faced since its inception.
The observation method was used to record the problems and hurdles experienced by stakeholders<\/p>\n

\u00a0<\/span><\/span><\/b>Impact of Derivatives on Stock Liquidity<\/span><\/b><\/h3>\n

Chaudhry(2024) presented<\/span>This study demonstrates that using derivatives can significantly improve stock liquidity. We conduct several tests to ensure the robustness of our findings and control for potential endogeneity. The reduction in stock illiquidity due to derivative usage is more evident in firms with high information asymmetry, firm-specific risk, and negative investor sentiment. Ownership stakes by foreign institutional investors and domestic promoters do not impact this relationship. Large and independent boards strengthen the effect of derivative usage on stock liquidity. Our results highlight the liquidity-enhancing role of derivatives, complementing their functions in price discovery and risk management. These findings are useful for companies in foreign capital markets and international investors in Indian stocks.<\/span><\/h3>\n

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\u00a0<\/span>Conclusion:<\/span><\/b><\/h3>\n

India faces multiple economic challenges, including privacy concerns in the digital economy, waste management issues, and fiscal instability. The Data Protection Bill 2019 provides a framework for protecting citizens\u2019 privacy but has loopholes, especially in government exemptions. Waste management is a growing sector influenced by urbanization and regulatory policies. Fiscal deficits and taxation challenges, such as GST implementation, affect economic stability. Additionally, informal workers, particularly migrants, suffered significantly during COVID-19, exposing vulnerabilities in labor policies.<\/p>\n

To address these issues, India must strengthen privacy laws, improve waste management strategies, ensure fiscal discipline, and protect informal workers. Sustainable development and policy reforms are crucial for long-term economic stability and growth.<\/p>\n

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\u00a0<\/p>\n

1<\/span><\/b>.<\/span><\/b> Farha khan(2024)<\/span>Surveillance and the Right to Privacy for Sustainability of a Digital Economy: An Examination of the Data Protection Bill 2019<\/span><\/a><\/b><\/p>\n

2. Liudmyla Markina(2024)<\/span> <\/b>Analysis of the world market of waste management<\/span><\/a><\/p>\n

3. <\/b>BRICS expansion in the news coverage of member countries: a political economy perspective<\/span><\/a><\/p>\n

4. Salu Dsouza(2024):<\/span> Public\u2013Private Partnership Ventures: A Diasporic Initiative in\u00a0India\u00a0Through Social Remittances and Philanthropic Work<\/span><\/a><\/p>\n

5. Parul Gupta\u00a0(2024)<\/span> <\/b>Research on Social Enterprises from an Emerging Economy\u2014Systematic Literature Review and Future Research Directions<\/span><\/a>,”\u00a0<\/span>Journal of Social Entrepreneurship<\/span><\/a><\/p>\n

6. Junmei Zhang(2024)<\/span> <\/b>Greening the BRICS: How Green Innovation Mitigates Ecological Footprints in Energy-Hungry Economies<\/span><\/a><\/b><\/p>\n

7. Biswajit & Hossain(2024)<\/span> <\/b>Exploring price level trajectory in India: Does it validate the fiscal theory of price level?<\/span><\/a><\/p>\n

8. Megan Schmidt-Sane & Mihir Bhatt & Mehul Pandya & Lyla Mehta(2024)<\/span> <\/b>Gendered impacts on internal migrant workers in the informal economy in India<\/span><\/a><\/p>\n

9. <\/b>Preeti Desai(2024)<\/span>Continual challenges of GST regime in India from the inception<\/span><\/a>,”\u00a0<\/span>International Journal of Business and Systems Research<\/span><\/a><\/p>\n

10. Chaudhry, Neeru & Gupta, Aastha(2024)<\/span> <\/b>Impact of using derivatives on stock market liquidity<\/span><\/a>,”\u00a0<\/span>Journal of International Financial Markets, Institutions and Money<\/span><\/a><\/p>\n

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India\u2019s Economic Problem Author: Sanskar Sankar Surveillance and Privacy in India\u2019s Digital Economy: A Critical Analysis of the Data Protection Bill 2019 fraha(2024) PresentedWith the rise in internet usage, concerns about surveillance and privacy have grown worldwide. Most studies focus on specific digital settings, but these issues go beyond national boundaries and affect global economies.… Continue reading India’s Economic Problem<\/span><\/a><\/p>\n","protected":false},"author":139791,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22461","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/139791"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22461"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22461\/revisions"}],"predecessor-version":[{"id":22462,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22461\/revisions\/22462"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22461"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}