What is the news? A recent World Bank report titled Web and Flow: Water, Migration and Development, analysed the “largest dataset on internal migrants” assembled from 64 countries and 189 censuses during 1960-2015. Findings are listed below. What are the findings of the report? Firstly, the report argues that water scarcity is a major reason for internal… Continue reading Out of Africa flashback: Is the world witnessing a migration wave due to lack of water?
Author: Luv Sharma
National monetization pipeline betrays narrow outlook
Synopsis: Monetisation of assets to generate value is a step in the right direction, but the underlying problems and challenges that led to underutilization of these assets need to be ascertained too. Proper execution of NMP based on a policy which is refined gradually as per the feedback received is the way forward. Background Read… Continue reading National monetization pipeline betrays narrow outlook
Drug debacle: Endangered vulture population still under threat
Synopsis: India’s vulture populations are not safe; they are still small to recover quickly and will not survive another catastrophic event. Introduction Vultures were quite common till the 1980s and are fighting to survive currently. Currently, seven species in Africa and eight species in India are threatened with extinction. India has lost 99% population… Continue reading Drug debacle: Endangered vulture population still under threat
What ails India’s coronavirus genome sequencing system
Synopsis: Sequencing and analysis of the novel coronavirus, a crucial step in infection containment strategy, declined sharply in India, even as cases of the resultant disease continued to rise. Introduction India formed the Indian SARS-CoV-2 Consortium on Genomics (INSACOG), a consortium of 10 genome sequencing labs, in December 2020 to boost efforts for genome sequencing. The… Continue reading What ails India’s coronavirus genome sequencing system
Is monetising public assets a good idea?
Synopsis: Two experts, viz. Montek Singh Ahluwalia (MS) and Professor Ajay Shah (AS), share their views over Asset Monetisation programme of the government. Background Read here: National Monetisation Pipeline (NMP) project – Explained How can govt go about monetising operational assets? Both experts mention ways in which govt can pursue monetisation of assets: MS AS… Continue reading Is monetising public assets a good idea?
UN: Weather disasters soar in numbers, cost, but deaths fall
Source: This post is based on the article “UN: Weather disasters soar in numbers, cost, but deaths fall” published in The Indian Express on 1st Sep 2021. What is the news? As per World Meteorological Organization (WMO)’s report, weather disasters are striking the world four to five times more often and causing seven times more damage… Continue reading UN: Weather disasters soar in numbers, cost, but deaths fall
Our banks are mispricing capital and this is simply unsustainable
Source: This post is based on the article “Our banks are mispricing capital and this is simply unsustainable” published in Live Mint on 2nd September 2021. Syllabus: GS3- Indian Economy Relevance: Monetary policy and Economic stability Synopsis: Below-cost lending in India could have economic repercussions beyond the financial burden imposed on bank shareholders. Background We have a situation in India today where… Continue reading Our banks are mispricing capital and this is simply unsustainable
The Loan Melas Conundrum- Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Union Finance Minister recently asked public sector banks (PSBs) to give credit through outreach programs in every district of the county and referred to the 2019 “loan melas” undertaken by banks across 400 districts. The finance minister first pushed lenders(PSBs) to reach out to customers and signal their willingness to… Continue reading The Loan Melas Conundrum- Explained, pointwise
China opens first road-rail transport link to Indian Ocean
Source: This post is based on the following articles: China opens first road-rail transport link to Indian Ocean published in The Hindu on 1st Sep 2021. China expands its activities to Sri Lanka’s north; India worried published in TOI on 1st Sep 2021. What is the news? Firstly, the first shipments on a newly-launched railway line… Continue reading China opens first road-rail transport link to Indian Ocean
Fundamental Rights to Reside and to Move About Freely
Source: This post is based on the article “Fundamental Rights to Reside and to Move About Freely” published in The Indian Express on 28th August 2021. What is the news? The Supreme Court has held that the power of the State to pass an externment order or a direction barring certain people entry to specified… Continue reading Fundamental Rights to Reside and to Move About Freely
