Context: World Bank has projected that every seven of 10 people will be living in urban cities by 2050. Therefore, the emphasis on urbanisation and its correlation with sustainable development has never been stronger. It not only gives a clear picture of the degree of concentration of people in a region, but also highlights the… Continue reading Urbanisation and development
Category: 9 PM Daily Articles
Towards a peaceful, stable Northeast
News: Recently, the Chief Ministers of Assam and Meghalaya signed an agreement to resolve the five-decade-old border dispute. Simultaneously, the Union Ministry of Home Affairs (MHA) decided to reduce the disturbed areas in Assam, Nagaland and Manipur after decades declared under the Armed Forces (Special Powers) Act (AFSPA). What is the strategic plan for the… Continue reading Towards a peaceful, stable Northeast
Too Many Dollars In Reserve?
News: Recently, the sanctions imposed by the west following the Russia-Ukraine conflict have triggered discussions on how other countries would manage their foreign currency (FX) reserves, which are used as an insurance against economic shocks. Contents1 How countries accumulate Forex? 2 History of forex reserves3 What are the issues with Foreign Currency Reserves? 4 What are other… Continue reading Too Many Dollars In Reserve?
Time to set price distortions right
Context: Since 1991, India has undergone economic liberalisation, openness to international trade and investment, resulting into an open free market economy in India. The government’s major priority since then has always been to improve the ease of doing business. However, it has failed to improve the cost of doing business, which been very high due… Continue reading Time to set price distortions right
The rooftop eclipse on India’s solar ambitions
Context: In 2015, the Govt set a target of 100 GW (gigawatt) of solar energy capacity by 2022. Of the 100 GW, 60 GW was to come from utility-scale solar plants, which stood at 41.7 GW, or 70% of the target, by 2021. The rest was to come from solar rooftop, which has managed only… Continue reading The rooftop eclipse on India’s solar ambitions
Why wheat prices have shot up despite India’s huge reserves
Context: One side effect of Russia attacking Ukraine has been a rise in global wheat prices. Wheat importers are struggling. Contents1 Significance of wheat2 Is there a shortage of wheat in India?3 So, why have the wheat prices gone up?4 What is the way forward? Significance of wheat The consumer price index (CPI), which measures… Continue reading Why wheat prices have shot up despite India’s huge reserves
Why is there no debate in Parliament?
News: Parliament’s productivity was around 129% for the Lok Sabha in the last session in 2022. However, under the garb of enhanced productivity, a tradition of intense debate over bills has been lost. What are the features of a parliamentary democracy? In a parliamentary democracy, all the proposals or legislations must be put to deliberations… Continue reading Why is there no debate in Parliament?
A vision for US-India economic partnership
News: Recently, there has been differences between the United States and India over India’s stand on Russia’s invasion of Ukraine. This has brought the bilateral relationship between the largest and sixth-largest global economies at the centre of debate and their expected role in the Indo-Pacific Region. What have been the convergence of Interests between India… Continue reading A vision for US-India economic partnership
Demolition drives violate international law
Context: Communal clashes broke out during Ram Navami processions in several parts of the country including at Khargone in Madhya Pradesh. Subsequently, the Madhya Pradesh government bulldozed the houses of those who were allegedly involved in rioting. The State government claims that these demolitions are in response to illegal encroachments. However, the fact that these… Continue reading Demolition drives violate international law
PLI scheme with a return for the government
News: The government’s ambitious PLI scheme aims to overcome the disadvantage of high costs in the country and to encourage production on a very large scale in some selected industries. The scheme aims to reduce costs per unit of output, and help not just the economy but the country more generally. However, there are concerns.… Continue reading PLI scheme with a return for the government
