Author: ForumIAS

Avoiding the currency basket case  Article The article elaborates on the evolution of Indian rupee and how internationalization of the rupee will benefit the Indian currency. Important Analysis: The Indian rupee was once a multi-lateral currency as its usage prevalent across the Indian ocean in Java, Borneo, Macau, Muscat, Basra and Zanzibar. The Gulf had… Continue reading Avoiding the currency basket case 

International Year of Millets slotted for 2023, India thanks FAO for endorsing its demand  News: Acting on India’s proposal, the Food and Agriculture Organisation (FAO) has agreed to celebrate ‘International Year of Millets’ in 2023. Important Facts: Aim is to create awareness and inspire all stakeholders to work towards improving production and productivity of the… Continue reading International Year of Millets slotted for 2023, India thanks FAO for endorsing its demand 

Wind power too adds to warming NEWS: Researchers have identified that wind turbines also contribute to climate change by redistributing heat and moisture in the atmosphere. Important Facts: Wind turbines, designed as an alternative to fossil fuels, still contribute to climate change though turbine-caused warming is not as big a threat as greenhouse gas emissions.… Continue reading Wind power too adds to warming

NMCE: The rise, fall and survival of India’s oldest commodity exchange News 1.In September 2018, the nation’s oldest commodity exchange National Multi-Commodity Exchange of India Ltd (NMCE) is merged with the India Commodity Exchange Limited (ICEX). Commodity exchange 2. A commodity exchange is an exchange where various commodities, derivative products, agriculture products and other raw… Continue reading NMCE: The rise, fall and survival of India’s oldest commodity exchange

Innovation, not eminence, is key News: Kapil Vishwanathan, has talked about reforms required in Higher Education in India. Important Facts: Man and Machine together has caused Rapid modernization and created a threat to environment. As per the Author, higher education across the globe has failed to address the changing demands of unpredictable world and environmental… Continue reading Innovation, not eminence, is key

Pence speech signals new Cold War  News: The war of words between America and China signalling new Era of Cold War. Important Facts: Why there is war of words between China and America: United States imposed 10% tariff on $200 billion of Chinese goods, escalating trade war between both the countries. Trump administration has formally… Continue reading Pence speech signals new Cold War 

One in three companies in India prefer hiring men: World Economic Forum study News: A recent World Economic Forum (WEF) study has found that women are entering the workforce at a slower rate than current female workforce participation. Important Facts: The WEF “Future of Work in India” report prepared with the Observer Research Foundation (ORF)… Continue reading One in three companies in India prefer hiring men: World Economic Forum study

Prelims Facts: Policy of Non-refoulement: UN has expressed concern over India’s  decision of deporting 7 Rohingya refugees and has asked India to abide by the policy of non refoulement. Refoulement refers to expulsion of an individual or group who have the right to be recognised as refugees. The principle of non refoulement emphasises that a… Continue reading Prelims Facts:

India raises protectionism issue at G-20 meeting News 1.The meeting of G-20 is taking place amidst the ongoing global trade war. Important facts: The group emphasized the importance of World Trade Organisation (WTO) as the forum to resolve disputes. U.S. is attempting  to weaken the WTO as it has refused to back appointments for the… Continue reading India raises protectionism issue at G-20 meeting

Farmers likely to earn 20% higher MSP on organic crop News 1.The Union government is thinking of providing MSP for organic produce in order to promote pesticide free farming in the country. Important Facts: 2. At present the only state which provides support for organic produce is Sikkim. 3. The government is thinking of offering… Continue reading Farmers likely to earn 20% higher MSP on organic crop