News: Commodity prices are increasing globally. Prices of grains, feed and meat, and edible oils, in particular, are surging. Russia and Ukraine together contributed roughly one-fourth (or 52 million metric tonnes [MMT]) of global wheat exports of 203 MMT in 2021-22. What can be done to control inflation? The main reason behind the upward cycle… Continue reading The Problem on Our Plate
Control inflation by acting on liquidity
News: Inflation has assumed a menacing proportion in almost all countries. Consumer price index (CPI) inflation in India stood (in March 2022) at 6.95%. It is expected to rise further in April. On the other hand, the Wholesale Price Index (WPI) inflation had remained in double digits since April 2021. It is not the case… Continue reading Control inflation by acting on liquidity
Explained: Making sense of exchange rate
News: Indian rupee hit an all-time low exchange rate of 77.6 against the US dollar. Contents1 What is the exchange rate?2 How an exchange rate is determined?3 What are the factors determining the supply and demand of currency?4 What is RBI’s role in exchange rate determination? What is the exchange rate? The exchange rate tells… Continue reading Explained: Making sense of exchange rate
Equating states’ off-budget borrowings with their debt will clarify extent of indebtedness
News: This year, off-budget borrowings by the states will be equated with the states’ own debt. What are off-budget borrowings? Off-budget borrowings refer to loans taken by state govt. entities, special purpose vehicles, etc. These loans are serviced through the state government’s own budget, instead of revenues generated by the borrowing entity. As per the… Continue reading Equating states’ off-budget borrowings with their debt will clarify extent of indebtedness
This food regulator needs to step up to the plate
Context: The Food Safety and Standards Authority of India (FSSAI) is expected to issue a draft regulation for labels on front of food packets that will inform consumers if a product is high in salt, sugar and fat. It is expected to propose a system under which stars will be assigned to a product. The… Continue reading This food regulator needs to step up to the plate
Measuring the change: On socio-economic surveys
Context: Findings of the 5th edition of the National Family Health Survey were made public last year, providing some key insights into changes underway in Indian society. India should invest more to enhance the reliability of various socio-economic surveys. What are some key findings of the NFHS 5? Findings of the survey throw light on… Continue reading Measuring the change: On socio-economic surveys
[UPSC Interview 2021] – Transcript #153 : TCA Anant Board, Uttar Pradesh Home State, PSIR Optional
Date of Interview: 25/04/22 Afternoon, 2nd one to go Board: TCA Anant Background: Political science Optional: PSIR Home State: Uttar Pradesh Hobbies: Writing Hindi poetry, cooking North Indian cuisines (Only one question from hobbies) Utility of mock: only for confidence n expression point of view To view all IAS Interview Transcripts 2021, visit this page Chairman… Continue reading [UPSC Interview 2021] – Transcript #153 : TCA Anant Board, Uttar Pradesh Home State, PSIR Optional
Fall in Wheat Production and Procurement: Reasons and Impacts – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 Some Key Facts about Wheat3 How is the procurement of wheat undertaken in India?4 What are the reasons behind the fall in wheat procurement?5 What are the possible impacts of lower wheat procurement?6 What lies ahead?7 Conclusion Introduction The procurement of wheat by the government agencies is set to… Continue reading Fall in Wheat Production and Procurement: Reasons and Impacts – Explained, pointwise
[Answered] Mains Marathon I Daily Answer Writing I May 10, 2022
Good Morning Friends, Following are answers to Mains Marathon questions, we posted yesterday. About Mains Marathon – This is an initiative of ForumIAS to help/aid aspirants in their writing skills, which is crucial to conquering mains examination. Every morning, we post 2-3 questions are based on current affairs. The questions framed are meaningful and relevant to the… Continue reading [Answered] Mains Marathon I Daily Answer Writing I May 10, 2022
[Answered] Successive reports of the Law Commission and even the Supreme Court have reported the rampant misuse of the Sedition law. In this context, do you think that sedition law should be scrapped? Give reasons in support of your answer.
Introduction: Contextual introduction Body: Write some reasons for the abolition as well as in support of sedition law. Conclusion: Write some suggestions. Sedition law (under Section 124A IPC) punishes words or actions that attempt to incite hatred, contempt and disaffection towards governments. It is a cognisable, non-bailable and non-compoundable offence with life imprisonment as maximum… Continue reading [Answered] Successive reports of the Law Commission and even the Supreme Court have reported the rampant misuse of the Sedition law. In this context, do you think that sedition law should be scrapped? Give reasons in support of your answer.
