Negotiating the new global climate policy

Source: The Hindu   Relevance: issues with the current global climate change dialogue Synopsis: Global climate change policy negotiations require a new framework that is based on cumulative emissions by taking into account the legacy emissions of the developed world, esp North America and European countries. This is necessary as developing countries still need to… Continue reading Negotiating the new global climate policy

Government prepares plan to hive off surplus land of PSUs (On NMP project)

Source: The Hindu, TOI Contents1 What is the news?2 Background3 Why a specialized entity?4 Mandate of the specialized entity What is the news? After unveiling the Rs 6-lakh-crore asset monetization program, the government has accelerated efforts to separate surplus land. The government will soon seek Cabinet approval for setting up a specialized entity (special purpose… Continue reading Government prepares plan to hive off surplus land of PSUs (On NMP project)

Govt gives wing to drone policy (On new drone rules 2021)

Source: Business Standard, TOI, Livemint, TH Contents1 What is the news?2 Background3 Significance 4 More reforms in order5 What now? What is the news? The Ministry of Civil Aviation has notified Drone Rules, 2021, under which the coverage of all-up weight of an unmanned aircraft system has been increased from 300 kg to 500 kg. It… Continue reading Govt gives wing to drone policy (On new drone rules 2021)

Inside the RBI’s digital currency dream (On CBDC)

Source: Live Mint  Relevance: Future of Central bank digital currency  Synopsis: CBDC is likely to be in the arsenal of every central bank going forward. Factors behind sudden global interest of CBDC, its need and associated challenges. Contents1 Context2 Why a sudden global interest in CBDC’s?3 Need for CBDC 4 CBDCs role in welfare schemes Context RBI may… Continue reading Inside the RBI’s digital currency dream (On CBDC)

Don’t chase the mirage of iron-fortified rice

Source: Indian Express Relevance: about rice fortification programme Synopsis: Rice fortification programme might not be the answer to India’s food security and nutritional challenges. A push to a balanced and diverse diet is a far more superior strategy. Issues with the recently announced mandatory rice fortification programme. Contents1 Background2 The problem3 Is fortification prog necessary?4… Continue reading Don’t chase the mirage of iron-fortified rice

National Monetisation Pipeline Project – Explained, pointwise

For 7PM Editorial archives, click HERE → Contents1 Introduction2 What is the NMP project?3 Objective of NMP4 Rationale behind Asset Monetization5 What is the monetization of assets?6 Is asset monetization new to India?7 Global examples8 Issues/Challenges9 Suggestions/measures10 Way forward Introduction Recently, Union Finance Minister unveiled the Centre’s four-year infrastructure asset monetization programme to raise ₹6 trillion under the… Continue reading National Monetisation Pipeline Project – Explained, pointwise

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National Automated Facial Recognition System (NAFRS) – Explained, pointwise

For 7PM Editorial archives, click HERE → Contents1 Introduction2 Rationale/Need3 Benefits/Advantages4 Issues/Concerns5 Instances of usage in India6 Global examples7 Implications8 Suggestions/Measures9 Way forward Introduction In Mar 2020, the Home Ministry gave its approval to the National Automated Facial Recognition System (NAFRS) to be implemented by NCRB. On its implementation, NAFRS will function as a national-level search platform… Continue reading National Automated Facial Recognition System (NAFRS) – Explained, pointwise

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Don’t let the new e-commerce rules ruin innovation

Source: Livemint Relevance: Implications of Consumer Protection (E-Commerce) Rules, 2020. Synopsis: Small internet outlets have flourished lately, but may find their operations hampered by compliance burden under the Consumer Protection (E-Commerce) Rules, 2020.. A brief look at some problematic provisions. Background Read here: Draft ecommerce rules – Explained, pointwise Reason behind increase in online businesses… Continue reading Don’t let the new e-commerce rules ruin innovation

Global emissions can decline 10% this decade if refineries clean up their act

Source: Down To Earth   What is the news? As per the report published in One Earth, global cumulative emissions could be reduced by 10% during 2020-2030 if refineries adopt low carbon measures.  Findings  Emissions have increased: It estimated that emissions from the refineries in 2018 were about 1.3 gigatons (Gt) which would increase to 16.5 Gt of CO2 in 2020-2030 if refineries do not adopt low carbon measures.  Number… Continue reading Global emissions can decline 10% this decade if refineries clean up their act

Telcos need three more bold decisions

Source: Business Standard Relevance: Resolving issues plaguing the telecom sector in India Synopsis: Undoing the retrospective tax amendment affecting Vodafone Group and Cairn Energy among others was an excellent move, and proves what the government can do. These moves must now be followed by further policy changes. A brief look at some of them.  Contents1 Problems… Continue reading Telcos need three more bold decisions

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