9 PM Daily Current Affairs Brief – December 14th, 2021

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 and… Continue reading 9 PM Daily Current Affairs Brief – December 14th, 2021

India votes against U.N. draft resolution on climate change

What is the news? India has voted against a draft resolution at the United Nations Security Council (UNSC) linking climate to security. The resolution was sponsored by Ireland and Niger, and it did not pass, with 12 UNSC members voting for it, India and Russia voting against it and China abstaining. Why India voted against… Continue reading India votes against U.N. draft resolution on climate change

“Plastic production accounts for much larger carbon footprint than previously thought”

What is the news?  A study conducted by ETH Zurich (a public research university) has shown that the impact of plastic on climate and health is greater than previously thought due to the increased use of coal.   Some findings of report are:   1) Plastic production accounted for the 96 percent of the Particulate matter health footprint.   Health Footprint is the amount of health… Continue reading “Plastic production accounts for much larger carbon footprint than previously thought”

Disability must be viewed as a strength, Not burden

News- Globally, unemployment among people with disabilities is higher than the rest of the population and pandemic has further widened the gap in societal inclusion.  Corporates need to acknowledge this disability divide and take proactive steps.  Disability divide is the gap in societal inclusion for people with disabilities, including in education, employment and access to technology.  Problem people with… Continue reading Disability must be viewed as a strength, Not burden

On COP26: Home truths on climate change

News: Surprising many, India announced its net-zero target, including many other new commitments, at the recently held COP 26 meeting in Glasgow. This has established India as a world leader in fighting the climate change crisis. But, there is a gap between what the government says on the international stage and what it does at home.… Continue reading On COP26: Home truths on climate change

On USO Fund: Speed up broadband roll-out

News: It has been almost two decades since the Union government’s telecom policy set aside 5% of its receipts from the sector towards the Universal Service Obligation (USO) fund. The USO fund now totals in excess of Rs 1 trillion. The management of this fund is often in question. Also, in light of the size… Continue reading On USO Fund: Speed up broadband roll-out

Bank-NBFC co-lending: how it works, and the concerns it raises

News: Several banks have entered into co-lending ‘master agreements’ with NBFCs, and more are in the pipeline Recently, the RBI permitted the banks to co-lend with all registered NBFCs (including HFCs) to increase lending to the priority sector based on a prior agreement. This has led to unusual tie-ups between banks and NBFCs. For instance,… Continue reading Bank-NBFC co-lending: how it works, and the concerns it raises

The tug of war within the gig economy

News: This year, Uber lost a significant legal battle against its workers in the UK. The U. K’s Supreme Court upheld a previous ruling by the employment tribunal that the 25 drivers who had brought a case against Uber are indeed employees and not contractors. Consequently, Uber announced that it would start treating all its… Continue reading The tug of war within the gig economy

Why Farmers Won, People Lost

News: Lesson that can be learnt from the farm laws episode for navigating reforms in the future. Economic reforms produce winners and losers. In the case of farm laws, losers were the relatively large farmers with a marketable surplus, who feared losing the protection of the minimum support price (MSP). On the other side, potential… Continue reading Why Farmers Won, People Lost

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