Wheat, rice lost in transit in last 4 years could have fed 82.30 million Indians for a month

Source: Down to Earth Relevance: Issues with Public Distribution System (PDS) Synopsis: Findings and recommendations of the Standing Committee report on Food, Consumer Affairs and Public Distribution (2020-2021) on India’s food storage and transit infrastructure, and the Decentralized Procurement Scheme (DCP). Contents1 Findings2 Recommendations3 Steps already taken4 Future steps Findings On Transit and storage infra… Continue reading Wheat, rice lost in transit in last 4 years could have fed 82.30 million Indians for a month

Bad loans: Prevention is better than cure

Source: Business Standard Relevance: Issues related to banking sector in India Synopsis: In managing the bad loan problem, IBC should be the last resort for banks. Contents1 Context2 Different models of insolvency resolution3 Issues with insolvency process and suggestions 4 Suggestions/Measures Context The Standing Committee of Parliament attached to the Ministry of Finance has taken stock… Continue reading Bad loans: Prevention is better than cure

Why funding sports is an Olympian hurdle?

Source: Live Mint Relevance: Issues related to Development of Sports in India Synopsis: India’s spending on sports other than cricket is rising steadily, but still a lot needs to be done to bridge the gap. Issues with sports dev in India 1]. Insufficient Financial support from Government The Union budget outlay on sports is classified… Continue reading Why funding sports is an Olympian hurdle?

Start up and Stand Tall (On India’s start-up ecosystem)

Source: Indian Express Relevance: Demographic dividend and role of start-ups in Indian economy Synopsis: India@75 is on the height of change and, it needs a golden era of global entrepreneurship, technology, and innovation for India@100. Contents1 Context2 India’s unique position in the world3 Growth of start-up ecosystem in India4 What more can be done? Context… Continue reading Start up and Stand Tall (On India’s start-up ecosystem)

Reserves: The RARE model in India

Source: Business Standard Relevance: Foreign Exchange reserves in India and issues related to it Synopsis: India should do away with the prevailing RARE model of reserves in a phased manner. Contents1 Context2 RARE model3 Reasons behind huge forex reserve by RBI4 Why India needs to relook RARE model?5 Measures Context The foreign exchange reserves in India are… Continue reading Reserves: The RARE model in India

Beating plastic pollution (On plastic waste management rules)

Source: The Hindu Relevance: Issue of Plastic waste management Synopsis: Effective implementation of New Plastic Waste Management Amendment rules offers a solution to address plastic pollution Contents1 Context2 The Plastic Waste Rules 3 Extent of plastic pollution in India4 Issues with plastic waste mgmt Context Central government on 12th of August notified The Plastic Waste Management… Continue reading Beating plastic pollution (On plastic waste management rules)

India’s climate mitigation plans face a threat as Earth warms

Source: Business standard Relevance: Implications of climate change on the renewable energy sector in India. Synopsis: Threats posed by climate to India’s renewable energy sector and possible solutions. Context India recently renewed its target for renewable energy installation to 450 GW by 2040 from earlier 175 GW by 2022. But this plan is threatened by… Continue reading India’s climate mitigation plans face a threat as Earth warms

The message from the IPCC report

Source: The Hindu, Livemint Relevance: Fighting the climate-change crisis Synopsis: In light of the recent IPCC 6th Assessment Report, measures to mitigate the impacts of climate change and the ways to prevent further damage to our environment are discussed. What needs to be done? Focusing on definite cumulative emission targets, keeping equity and historical responsibility… Continue reading The message from the IPCC report

Case for third party funding

Source: The Hindu Relevance: To study the arbitration methods. Synopsis: Third-party funding in Arbitration should be explored, with sufficient caution, to expedite access to justice. Third-Party Funding in Arbitration/Litigation Funding It is the process in which someone who is not involved in an arbitration provides funds to a party to that arbitration in exchange for an… Continue reading Case for third party funding

PM emphasis on less government interference is the way to go

Source: Business Standard Relevance: To understand the direction of the nation. Introduction: PM Modi vision/Speech on Independence Day: The government seeks to minimize government intrusion in public lives The government has repealed unnecessary laws and regulations e.g. The government has ended 15,000 compliances. There is emphasis on deregulation and freedom from state and bureaucratic interference For… Continue reading PM emphasis on less government interference is the way to go

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