Repeal of farm laws a setback or a step in the right direction? Why’s the cable TV industry stagnated? Will the market cheer withdrawal of farm laws? What are cloud kitchens? Let’s find the answers
Prime Minister Narendra Modi announced the scrapping of the controversial farm laws after persistent protests. Modi had hailed the laws as a watershed moment when they were passed last year, with the government arguing that they would bring private investments and FDI into the farm sector. However, the government was unable to onboard a section of farmers and caved into the political pressure arising from their protest. Now, what comes next?
The lesson from this episode should be clear: No matter how strong the government might appear, major reforms cannot be pushed through without taking all stakeholders on board. Coming back to your living room, you could be one of the many who switched to DTH from cable. The lure of better picture and sound quality made people choose the broadband-from-space services over wired cables in recent years. The cable industry also could not keep pace with the clutch of technological shifts introduced by the government. So, what is the current status of the cable industry and what is its future outlook?
While the country is steadily shifting from TV channels to streaming services, cable TV, as a standalone video service, is evidently on a decline. Let’s switch to the market channel now. Inflationary pressures and rising Covid-19 cases in developed markets are haunting investors…Read More
Comments
Post a Comment