Author: ForumIAS

Can India protect Rohingya, SC asks govt:  Context Chief Justice of India Dipak Misra, who leads the three-judge Bench rejects Centre’s stance that decision to deport the community is outside the domain of the Supreme Court Government stand on rohingya’s refugee On  August 8, 2017 center communicated to all the States to identify Rohingya and… Continue reading Can India protect Rohingya, SC asks govt: 

3-fold rise in extreme rainfall events in Central India: Context: According to a study published in the journal ‘Nature Communications’, there has been an increase in the frequency and intensity of extreme rainfall events across the Central Indian belt which extends from Gujarat in the west to Odisha and Assam in the east. What does… Continue reading 3-fold rise in extreme rainfall events in Central India:

RBI: Neutral over dovish:  Context: RBI has kept the repo rate unchanged at 6% What are the other recent declarations made by RBI? Reverse repo rate kept unchanged at 5.75 Marginal standing facility (MSF) rate and the Bank Rate kept at 6.25 per cent Cash Reserve Ratio (CRR) kept unchanged at 4% Statutory liquidity ratio… Continue reading RBI: Neutral over dovish: 

Coal-fired projections:  Context The NITI Aayog’s Draft National Energy Policy (DNEP) has predicted that between now and 2040, there will be a quantum leap in the application of renewable energy together with a drastic reduction in fossil fuel energy intensity. What are the expectations from this move? Considering the economic and population growth, India’s annual… Continue reading Coal-fired projections: 

Waiting for the cut:  Background Even as the economy slows down, the RBI has left its key policy lending rates unchanged while maintaining a “neutral” monetary policy stanc e. Why did RBI take this step? The upside risks to inflation — rising international oil prices, uncertainties in pricing behaviour of firms post-GST and a patchy… Continue reading Waiting for the cut: 

Steadying hand:  Context The Goods and Services Tax Network (GSTN) is bracing itself for a “big challenge” set to emerge in the coming weeks as a ministerial panel Wednesday ruled out any further extension for filing GSTR 1 returns by traders. As it has been extended three to four times. Sushil Kumar Modi, head of… Continue reading Steadying hand: 

RBI holds interest rates, warns against fiscal laxity: Context: By holding policy rates, the RBI shifts focus to the government to give a fillip to growth. Introduction: The Reserve Bank of India kept interest rates unchanged citing concerns about the upward risks to inflation and cautioned the government against steps to relax fiscal discipline to… Continue reading RBI holds interest rates, warns against fiscal laxity:

Face the decline:  Context: According to the critics, demonetization halted the recovery of rural economy. What is demonetization? Demonetization of currency means discontinuity of the particular currency from circulation and replacing it with a new currency. In the context of India, the government banned the 500 and 1000 denomination currency notes as a legal tender… Continue reading Face the decline: 

Is India missing out on global trade recovery?:  Context: The Asian Development Bank states that when the rest of Asia has witnessed an impressive rise in merchandise exports, Indian exports have remained weak. What is Asian Development Bank? Founded in 1966, the Asian Development Bank’s primary mission is to foster growth and cooperation among countries… Continue reading Is India missing out on global trade recovery?: 

Does India need a bullet train?:  Context The Mumbai-Ahmedabad bullet train was launched recently in India and has been a reason of lot of debate with some saying that it is a vanity project which has little or no justification on the grounds of economic viability or public service. Other Countries experience with bullet train(High… Continue reading Does India need a bullet train?: