Source: The post is based on the article “Lingering notes: Cash seems to have a logic-defying appeal. Digitisation may eventually lessen that” published in “The Times of India” on 5th July 2022. Syllabus: GS 3 – Indian Economy and issues relating to planning, mobilization of resources, and growth. Relevance: To understand India’s increasing cash holding. News: In the last… Continue reading Lingering notes: Cash seems to have a logic-defying appeal. Digitisation may eventually lessen that
Author: Durai
The need for space sustainability
Source: The post is based on the article “The need for space sustainability” published in “The Hindu” on 5th July 2022. Syllabus: GS 3 – Awareness in the fields of Space. Relevance: To understand the challenges associated with space sustainability. News: The U.K. hosted the fourth summit for Space Sustainability in London in collaboration with the Secure World Foundation.… Continue reading The need for space sustainability
About the Draft E-waste Management Rules, 2022: Right intent, confusing content
Source: The post is based on the article “Right intent, confusing content” published in “The Hindu” on 5th July 2022. Syllabus: GS 3 – Environmental pollution and degradation. Relevance: To understand the challenges associated with the Draft E-waste Management Rules, 2022. News: This year marks a decade since the E-waste (Management and Handling) Rules came into effect in India.… Continue reading About the Draft E-waste Management Rules, 2022: Right intent, confusing content
Enforcing the single-use plastic ban
Source: The post is based on the article “Enforcing the single-use plastic ban” published in “The Hindu” on 5th July 2022. Syllabus: GS 3 – Environmental pollution and degradation. Relevance: To understand the challenges associated with the Single-use plastic ban. News: India’s ban on select single-use plastic(SUPs) items came into effect from July 1, 2022. Why does the government… Continue reading Enforcing the single-use plastic ban
India’s ban on select single-use plastic items: A start but still a long way from blanket ban
News: India’s ban on select single-use plastic(SUPs) items comes into effect from July 1, 2022. Does India impose a blanket ban on all single-use plastic items? No, the Indian market will continue to sell a gamut of single-use plastic items like soft drinks and mineral water bottles, all products sold in multi-layered packaging, among others.… Continue reading India’s ban on select single-use plastic items: A start but still a long way from blanket ban
The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern
News: The currency’s fall gets more attention than its rise. At present, the Indian rupee is falling against the US dollar. What is the status of the Rupee fall vis a vis other currencies? The Finance Minister has recently pointed out that almost all currencies are falling against the dollar, and the rupee has fallen… Continue reading The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern
How the RBI unconventionally innovated policy to fight the pandemic
News: The RBI has been missing the inflation target since 2019 by not raising rates. This raised some debates about RBI’s inflation management. What is the reason for rising inflation in India? There are two reasons that inflation is on the rise. These are, a) Inflation has been largely the result of supply-side shocks from… Continue reading How the RBI unconventionally innovated policy to fight the pandemic
Don’t ignore the services sector
News: India aspires to become a $5-trillion economy. It is predicated on the growth of its international trade to $2 trillion by 2030 which is equally contributed by the merchandise and services sector. About the Status of services and manufacturing sector It comprises over 50% of the GDP, overriding the contribution of both agriculture and… Continue reading Don’t ignore the services sector
About the ban on single-use plastics: Plastic Challenge
News: The GoI notified the Plastic Waste Management (Amendment) Rules, 2021 in August last year. It prohibits 20 single-use plastic items by 2022. About the rules 2021 Various single-use plastic items will be banned from 1 July 2022, including ubiquitous plastic cutleries. However, plastic carry bags having a thickness of less than 120 microns will… Continue reading About the ban on single-use plastics: Plastic Challenge
GST: Five years stronger
News: The Goods and Services Tax (GST) has completed its 5th year since its inception on 1 July 2017. Seventeen different laws were merged, and a single taxation system was brought in through the GST. It was first discussed in the report of the Kelkar Task Force on indirect taxes in 2003. Must read: Goods… Continue reading GST: Five years stronger
