https://www.iimu.ac.in/life-at-iimu/clubs-aamp-committees/professional-club/pie/

PIE-The Economics Club of IIM Udaipur, Udaipur (2026)

08/01/2022

There is no conceptual definition of MSMEs, which may vary from country to country, decade to decade, because it classifies firms into large, medium, and small firms, which is highly subjective. Both Qualitative and Quantitative approaches can be used to define MSMEs. Qualitative examines the operational style, overall goals, and objective of the business. In contrast, Quantitative looks at the well-defined factors like the asset, capital, and net profit to define an MSME....

There is no conceptual definition of MSMEs, which may vary from country to country, decade to decade, because it classifies firms into large, medium, and small firms, which is highly subjective. Bo…

12/12/2021

Discrimination, bigotry, and injustice pervade our society on a structural level, a situation that was only aggravated by the birth of Covid-19. According to the Consumer Pyramids Households Survey, India's inequality has deteriorated due to the pandemic, with low-income households experiencing a more significant drop in earnings. While data shows that the top decile of workers recovers more slowly, this assumption distorts the nature of work: the highest earners are more likely to be salaried workers with secure earnings....

Discrimination, bigotry, and injustice pervade our society on a structural level, a situation that was only aggravated by the birth of Covid-19. According to the Consumer Pyramids Households Survey…

06/12/2021

What is the PLI Scheme? The Production Linked Incentive (PLI) scheme is an attempt by the government to boost domestic manufacturing and cut down on import bills. The scheme aims to give the companies incentives on incremental sales from the products manufactured in domestic production units. It has two-fold benefits: it will attract foreign entities to set up their plants in India, and secondly, it will encourage local players to set up or expand their existing production facilities....

What is the PLI Scheme? The Production Linked Incentive (PLI) scheme is an attempt by the government to boost domestic manufacturing and cut down on import bills. The scheme aims to give the compan…

27/11/2021

Capitalism is a type of economic system in which private individuals own diverse factors of production with the goal of profit maximization. With the economic reform of LPG initiated by then Finance Minister Dr. Manmohan Singh in 1991, capitalism knocked on the door of the Indian economy. Inefficiency in management, losses, and corruption-plagued public sector units, trapping the Indian economy in a debt trap, budget imbalance, and negative growth rate....

Capitalism is a type of economic system in which private individuals own diverse factors of production with the goal of profit maximization. With the economic reform of LPG [Liberalization, Privati…

21/11/2021

In today's article of the week, we will talk about inflation. In layman terms, inflation is the decline in purchasing power of the currency over a given period. CPI and WPI are the two measures of it. Our monetary policy committee is designed to keep inflation at the forefront. An MPC central bank decides the repo and reverses the repo rate, which determines the economy's liquidity....

In today’s article of the week, we will talk about inflation. In layman terms, inflation is the decline in purchasing power of the currency over a given period. CPI and WPI are the two measur…

14/11/2021

The world has enough for everyone’s need, but not for everyone’s greed. ~ M.K. Gandhi As correctly implied by the quote above, economies in the world strive for churning out the best with available resources for inclusive and holistic development. Among the most commonly used terms in the financial sector are GDP, inflation, and debt, with policymakers wringing their hands over whether to prioritize growth or treasury drain, or whether to prioritize public infrastructure and deal with debt…...

The world has enough for everyone’s need, but not for everyone’s greed. ~ M.K. Gandhi As correctly implied by the quote above, economies in the world strive for churning out the best with available…

10/10/2021

As economies reopen following lockdowns, tales of employers unable to locate workers have grown commonplace across the United States, the United Kingdom, Canada, Australia, India, and sections of the European Union. Worker shortages have always been a source of criticism. This time, though, workforce shortages appear to be correlated with higher unemployment rates. While the number of job vacancies in the United States increased by 33% from Q4 2019 (figure 1), more than 9 million individuals remained unemployed....

As economies reopen following lockdowns, tales of employers unable to locate workers have grown commonplace across the United States, the United Kingdom, Canada, Australia, India, and sections of t…

26/09/2021

The newspapers and the stock market have been buzzing with the news about the relief package provided to the telecom industry. The Union Cabinet, recently, approved a 4-year moratorium for the AGR dues and also rationalized the definition of AGR. What are AGR Dues? AGR stands for Adjusted Gross Revenue. Prior to 1999, telcos were supposed to pay a fixed license fee....

The newspapers and the stock market have been buzzing with the news about the relief package provided to the telecom industry. The Union Cabinet, recently, approved a 4-year moratorium for the AGR …

19/09/2021

What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and projects. Environmental considerations might include climate change mitigation and adaptation, for instance the preservation of biodiversity, pollution prevention and the circular economy. ...

What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the finan…

12/09/2021

Finance Minister Nirmala Sitharaman unveiled a 6-lakh crore National Monetisation Pipeline. It involves including the private sector in various infrastructure sectors. This scheme includes public-private sector partnership upgrading the NIP (National Infrastructure Pipeline) to the next level. The project is formed by the NITI Aayog, taking into consideration the Union Budget. The scheme is identified for significant sectors such as roads, railways, and power....

Finance Minister Nirmala Sitharaman unveiled a 6-lakh crore National Monetisation Pipeline. It involves including the private sector in various infrastructure sectors. This scheme includes public-p…

12/09/2021

Finance Minister Nirmala Sitharaman unveiled a 6-lakh crore National Monetisation Pipeline. It involves including the private sector in various infrastructure sectors. This scheme includes public-private sector partnership upgrading the NIP (National Infrastructure Pipeline) to the next level. The project is formed by the NITI Aayog, taking into consideration the Union Budget. The scheme is identified for significant sectors such as roads, railways, and power....

Finance Minister Nirmala Sitharaman unveiled a 6-lakh crore National Monetisation Pipeline. It involves including the private sector in various infrastructure sectors. This scheme includes public-p…

05/09/2021

Taper Tantrum refers to the 2013 collective reactionary panic that triggered a spike in US Treasury after investors learned that the Federal Reserve was slowly putting the break on its quantitative easing (QE) program. Background In 2013, as the world was coming out of the 2008 global financial crisis and leaning towards a new era, the United States Federal Reserve said it would gradually reduce quantitative easing instituted....

Taper Tantrum refers to the 2013 collective reactionary panic that triggered a spike in US Treasury after investors learned that the Federal Reserve was slowly putting the break on its quantitative…

PIE-The Economics Club of IIM Udaipur

08/01/2022

12/12/2021

06/12/2021

27/11/2021

21/11/2021

14/11/2021

10/10/2021

26/09/2021

19/09/2021

12/09/2021

12/09/2021

05/09/2021

Address

Website

Alerts

Contact The University

Shortcuts

Share

Category