News: Western countries have put several type of sanctions on Russia against invasion of Ukraine. In one of the more severe sanctions, Russia’s assets worth $300 billion have been frozen. These assets are held abroad in the Federal Reserve (US central bank) and the European Central Bank (ECB). Other sanctions might be excluding Russian banks… Continue reading Western Sanctions: Impact & Ways Around Them
With Russia-Ukraine conflict, comes inflation challenge
News: With the Russia-Ukraine conflict going into a war, global commodity prices, especially that of crude oil and gas, are likely to see a strong surge. This poses a challenge for India and the world to contain inflationary pressures. How does the Russia Ukraine conflict affect the economy? At 6%, India’s consumer price index (CPI) inflation… Continue reading With Russia-Ukraine conflict, comes inflation challenge
The anatomy of India’s Ukraine dilemma
News: India abstained from a United Nations Security Council (UNSC) resolution which is for condemning the Russian military action against Ukraine. What are the available options in front of India? India has four options in front of it: 1) Condemn Russian aggression 2) Support Russian aggression 3) Stay silent on Russian aggression 4) Express displeasure and… Continue reading The anatomy of India’s Ukraine dilemma
Democracy ought to get the better of autocracy
News: Although the USA has imposed a lot of sanctions, it seems it does not affect the motives of Russia. Do countries fear sanctions? Sanctions have been unable to enforce a regime change as has been exemplified in the case of Iran. So while the USA has implemented half-hearted sanctions, it is unlikely to force Russia… Continue reading Democracy ought to get the better of autocracy
A pragmatic tightrope walk
News: India decided to abstain, along with China and the United Arab Emirates, from a UNSC resolution which is for condemning Russia’s invasion of Ukraine. Contents1 What does the Indian move in UNSC signify?2 In what ways Russia is important to India?3 What are the things which shape the Indian foreign and strategic policy?4 What are… Continue reading A pragmatic tightrope walk
No quick fix: On the state of medical education in India
News: Many Indian students are pursuing medicine in Ukraine. The war in Ukraine highlighted the need to strengthen medical education in India. Contents1 About PM’s remark on Indian medical education2 About medical education and Indian students abroad3 What is the challenge faced in medical education in India?4 What should be done to revive medical education?… Continue reading No quick fix: On the state of medical education in India
A day to embody the true spirit of science
News: Vigyan Sarvatra Pujyate (means science & technology is revered all over) was organised by government as a science week between 22nd to 28th feb. It was organised as a prelude to National Science Day on February 28 that commemorates Sir C.V. Raman’s discovery on light scattering. As per the author, this program should have… Continue reading A day to embody the true spirit of science
Council of Europe suspends Russia
What is the News? The Council of Europe has suspended Russia from its rights of representation in the Council. However, Russia was not permanently removed from the council, thus obligated to follow its human rights provisions. What is the Council of Europe? The Council of Europe was founded in 1949 by the Treaty of London.… Continue reading Council of Europe suspends Russia
Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022: Hit-and-run deaths: Govt notifies 8-fold hike in relief to Rs 2 lakh
What is the News? The Government has released “The Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022”. Note: According to the government data, 3.66 lakh road accidents occurred in the country in 2020 resulting in 1.31 lakh deaths. What is Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022? Released… Continue reading Compensation to Victims of Hit and Run Motor Accidents Scheme, 2022: Hit-and-run deaths: Govt notifies 8-fold hike in relief to Rs 2 lakh
India launches Operation Ganga to evacuate stranded Indian nationals in Ukraine
What is the News? The Government of India has launched Operation Ganga. What is Operation Ganga? Operation Ganga was launched to help stranded Indian nationals come back to India from Ukraine through special flights amidst the Russian invasion of Ukraine. Since Ukraine is currently a no-fly zone, citizens and students are being evacuated to nearby… Continue reading India launches Operation Ganga to evacuate stranded Indian nationals in Ukraine
