9 PM Daily Current Affairs Brief – May 23rd, 2022

Dear Friends, We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough… Continue reading 9 PM Daily Current Affairs Brief – May 23rd, 2022

States must follow Centre’s fuel tax cuts

News: Government has announced lowering excise duties on petrol and diesel as well as offering a subsidy for LPG cylinders. States must also reduce the taxes on oil. The combined impact of tax cuts will provide much-needed relief to stressed household budgets and small business balance sheets. Because unlike previous inflationary pressure, that took place… Continue reading States must follow Centre’s fuel tax cuts

Food security does not need this ‘surgical strike’

News: Recently, the Government of India announced a sudden ban on export of wheat when the government was looking out for ways for augmenting India’ wheat exports. Contents1 Two schools of through for ensuring food security in India2 About Indian Public Procurement System3 What are the issues with increasing India’s export?4 Other challenges5 The Way… Continue reading Food security does not need this ‘surgical strike’

Nature has the answers

News: Recently, The International Day of Biodiversity on May 22, 2022 was celebrated. It was done amid the pandemic, and the recent heat waves in much of northern India and floods in Meghalaya. The uncertainty is being further fuelled by the continuing degradation of lands and biodiversity, growing malnutrition and hunger, and inequities and environmental… Continue reading Nature has the answers

Can agri-exports be made more sustainable?

News: In the fiscal year 2021-22 (FY22), agri-exports scaled an all-time high of $50.3 billion with registering a growth of 20% over the preceding year. For example, India’s exports constituted 41% of a global rice market of 51.3 MMT. What were the driving forces? This was made possible largely by rising global commodity prices. In… Continue reading Can agri-exports be made more sustainable?

India needs to keep an eye on its myopia prevalence

Context: Millions of young children are growing up short-sighted every year because of myopia. While East Asia and the Pacific have been reporting some of the highest numbers for a decade now, current estimates out of India do not yet reflect this trend. It may mean India has time to act and save the sight… Continue reading India needs to keep an eye on its myopia prevalence

A Rajya Sabha rebalance must go with Lok Sabha expansion

Context: India is a federal structure with a unitary bias. The Constitution strikes a balance between popular will, exercised by the Lok Sabha, and the interests of states through the Rajya Sabha. But, we have allowed popular fashions and political exigencies to undermine the federal structure. What are the various states’ concerns? Delimitation exercises have… Continue reading A Rajya Sabha rebalance must go with Lok Sabha expansion

Indigenous weapons will have to wean India off Russian arms

News: According to Bloomberg News, the US is considering a $500 million defense package for India to finance the purchase of US weapon systems. According to Researchers at the Stimson Center, 85% of India’s weapons are of Russian origin. Further, in the next 5 years, Russian arms export to India will increase. India showed its… Continue reading Indigenous weapons will have to wean India off Russian arms

Unexpected, but also unacceptable – Shocks due to Russia-Ukraine war

News: Russian invasion of Ukraine represents an unexpected and undesirable shock to global economies, including India’s Economy. Indian economy is facing some unexpected shocks due to the Russian invasion of Ukraine. Even the areas which were looking beneficial for India are turning out to be harmful. Impacts on Indian economy Both Russia and Ukraine have… Continue reading Unexpected, but also unacceptable – Shocks due to Russia-Ukraine war

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