Low capacity utilisation, lack of innovation and various other factors necessitated the beginning of Disinvestment process in India in the year 1991 when 31 selected PSUs were disinvested. It was from 2001 to 2004 when maximum number of disinvestments took place in India. These took the shape of either strategic sales (involving an effective transfer… Continue reading Disinvestment | Timeline
Author: Luv Sharma
Central Bank Digital Currency (CBDC) | Timeline
In the recent Union Budget speech, the Finance Minister announced that the RBI will issue India’s own digital rupee in financial year 2022-23. The budget announcement was made after consultations with the RBI, and the RBI will decide by when it is ready to launch the digital rupee. – India’s rushed deadline to issue a… Continue reading Central Bank Digital Currency (CBDC) | Timeline
Clean energy should use the battery of a circular economy
News: The Union Finance Minister, in the Budget speech 2022-23, emphasised the role of circular economy, and cleaner technologies such as solar energy and batteries in India’s future economic growth. A robust renewables waste management and recycling ecosystem could help people and India reduce environmental harm, provide energy security, and also create new jobs. In… Continue reading Clean energy should use the battery of a circular economy
Why ‘de-dollarisation’ is imminent?
News: The ongoing Russia-Ukraine crisis has given an impetus to the question of de-dollarisation of the global forex framework. Efforts are already underway for the possible introduction of a new Russia-China payment system, bypassing SWIFT and combining the Russian SPFS (System for Transfer of Financial Messages) with the Chinese CIPS (Cross-Border Interbank Payment System). Contents1… Continue reading Why ‘de-dollarisation’ is imminent?
Treating values of individual freedom as trifles
News: Recently, The Karnataka high Court has given its judgment in the hijab controversy case (or the Resham v/s State of Karnataka Case (2022), wherein a ban imposed on the use of hijabs by students in classrooms across the State (Karnataka) was upheld. What has the High Court said in its judgement? The High Court’s… Continue reading Treating values of individual freedom as trifles
United Nations votes are not black and white
News: Article highlights the finer details of the voting system followed at the UN and various other organs like UN Security Council. Nature of Voting in UN System The UN General Assembly: The member country has various options for voting like ‘Yes’, ‘No’, ‘Abstention’, ‘present and not participating’ or ‘absent at the time of the… Continue reading United Nations votes are not black and white
Looming fertilizer shortage
News: The Ukraine war has disrupted the supplies of fertilisers in the international market. It could impact India too, as it depends heavily on imports for meeting their burgeoning requirement of fertilizers, For example, India’s import dependence is about 25% for urea, nearly 90% for phosphates, and 100% for potash. Contents1 Why the supplies… Continue reading Looming fertilizer shortage
On resumption of international flights: Skies wide open
News: Government from next month will allow scheduled commercial international flights to resume operations. This will come as a big relief to the travel, tourism and hospitality sectors, which have been among the hardest hit by the pandemic. How has been the tourism and aviation sector been affected by the pandemic? The tourism and hospitality… Continue reading On resumption of international flights: Skies wide open
India used more coal power in 2021 than in 2020 which could delay its Climate goals-IEA
What is the news? According to a recent analysis from the International Energy Agency (IEA) India’s coal based electricity generation has increased in 2021 than the previous year. This is going to increase further in future and will lead delay India’s efforts to reach its climate goals. Findings of the report India’s carbon dioxide (CO2) emissions in… Continue reading India used more coal power in 2021 than in 2020 which could delay its Climate goals-IEA
Explained-When a missile misfires
What is the news? Pakistan recently made the claim that an unarmed Indian missile landed 124 km inside its territory, which India has conformed and cited technical malfunction as the reason that led to the accidental firing of a missile. What are the protocols that countries need to follow before conducting tests? According to the… Continue reading Explained-When a missile misfires
