Category: 9 PM Daily Articles

News: Researcher from Columbia University outlines the economic costs of human exposure to air pollution. What are the impacts of air pollution on human well-being? It includes both health outcomes and non-health outcomes Impact on health outcomes: PM 2.5 can affect the respiratory and cardiovascular systems. Children, when exposed to air pollution during sensitive periods… Continue reading Air pollution impacts productivity. Mitigations generate economic gains

News: Finance Minister announced that the Centre will release over ₹95,000 crores in one stroke to States this month. The decision came after meeting with Chief Ministers and State Finance Ministers to discuss the state of the economy and to sustain the recovery from the COVID-19 pandemic. Why was it required? The central policy fixes… Continue reading A stimulating alliance

News: The Global Commission has issued a similar dire warning, as it was issued in 1972 through a study on ‘The Limits of Growth’. In its recent report, the Commission(group of eminent global citizens drawn from across the world), has highlighted the key challenges facing the world today. What does the report states about global… Continue reading Global challenges can be tackled in spite of great power rivalry

News: Recently, The Supreme Court has ruled some changes in the Real Estate Regulatory Authority Act (RERA) to protect the interests of homebuyers. Read more: What SC order on RERA means for homebuyers What did the court rule on homebuyers recovering their investment? The Supreme court observed that, under Sec. 40 RERA 2016, the homebuyers… Continue reading How SC verdict on real estate Act benefits homebuyers

News: The Government of India has brought two ordinances to extend the tenure of Enforcement Directorate (ED) and Central Bureau of Investigation(CBI) directors up to 5 years. About the Ordinances The two ordinances promulgated were the Delhi Special Police Establishment (Amendment) Ordinance, 2021, and the Central Vigilance Commission (Amendment) Ordinance, 2021, which extend the tenures, respectively, of… Continue reading Ordinances extending tenures of CBI, ED chiefs show a worrying trend

News: Recently a virtual summit occurred between US President and the Chinese President. In that, both the nations have decided to expand their cooperation and engagement. We have already covered the entire issue in our previous article: What Biden-Xi summit presages for the future What are the challenges in China-US relations? Failed fulfilments: During the… Continue reading US’s engagement with China is par for the course. Delhi should not panic, must enhance its global standing

News: Digital money in the form of cryptocurrencies is gaining widespread popularity, esp with countries like El Salvador adopting Bitcoin as a legal tender. The debate around Cryptocurrencies frequently refer to their speculative nature as a cause of concern. But, what happens if, over time, cryptos evolve from speculative assets to become viable mediums of… Continue reading The monetary, fiscal challenges of cryptocurrency

News: Despite the demonstrated benefits of micro irrigation in the sustainability of Indian agriculture, the industry that provides the resources for it is currently struggling to survive. What are the benefits of micro irrigation system? – water savings in comparison with flood irrigation. – decrease in electricity consumption. – the adoption of micro irrigation results… Continue reading An SOS call from the Indian micro-irrigation industry

News: For a swift economic recovery of India, the central bank would need to guide the economy towards normalcy. In terms of monetary policy management, the central bank has started the unwinding process. In the context of financial sector oversight, RBI Governor Shaktikanta Das touched upon several interdependent issues in his remarks at an event… Continue reading Strengthening financial sector

News: Inflation data based on the consumer price index (CPI) released this week suggest that, inflation has decreased compared to the previous months. This may be good news for the Reserve Bank of India, but any complacency would not only be premature, it could also create challenges for an economic recovery. Why India should not get… Continue reading The government should prepare for a sustained spell of inflation