What is the News? Member of Parliament(MP) from Barrackpore constituency in West Bengal has met the Textile Minister to apprise him about issues concerning jute farmers, workers and the overall jute industry. He said that the operations of 20 jute mills in his constituency with lakhs of people dependent on them were adversely affected with… Continue reading The recent woes of the jute industry in West Bengal
India’s Pharma exports grow by 103% since 2013-14
What is the News? According to the Ministry of Commerce and Industry, Indian pharma exports witnessed a growth of 103% since 2013-14. About Indian Pharmaceutical Exports Pharma Exports: Indian pharma exports witnessed a growth of 103% from 2013-14 till 2021-22. This is a remarkable growth with exports growing by almost USD 10 billion in 8… Continue reading India’s Pharma exports grow by 103% since 2013-14
Economy may take more than a decade to overcome COVID-19 losses: RBI report
What is the News? The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22. Theme of the Report: ‘Revive and Reconstruct’ in the context of nurturing a durable recovery post-Covid and raising trend growth in the medium-term. What are the key highlights from the report? Covid-19 Impact… Continue reading Economy may take more than a decade to overcome COVID-19 losses: RBI report
Explained: Why US wants to ban menthol cigarettes, and what ‘racial justice’ has to do with it
What is the News? The US Food and Drug Administration has issued a proposal to ban menthol cigarettes and flavoured cigars. What is the proposal of the US on Menthol Cigarettes? The US aims to prohibit menthol as a characterizing flavor in cigarettes and prohibit all characterizing flavors (other than tobacco) in cigars. What are… Continue reading Explained: Why US wants to ban menthol cigarettes, and what ‘racial justice’ has to do with it
Ukraine rethinks on hyper-globalisation. Nations need to de-risk against overdependence on few suppliers
News: Recently, Indonesia, the world’s largest producer and exporter of the palm oil has been experiencing domestic shortages of the same. This led to spike in the domestic palm oil prices in Indonesia and the world (including India). Therefore, Indonesia has announced to ban all exports. What is the concept of hyper-globalization? In a hyper-globalised… Continue reading Ukraine rethinks on hyper-globalisation. Nations need to de-risk against overdependence on few suppliers
India must use markets to decarbonise
News: Recently, in the Conference of Parties (CoP-26) of the UNFCCC held at Glasgow in November 2021 several partner countries were seen committed to concrete action plans to contain global warming under the threshold of 1.5 degrees Celsius. Why should India decarbonize? Climate change is bound to impact human lives and the global economy. This… Continue reading India must use markets to decarbonise
Funding woes haunts Indian Science
News: The Union Ministry of Science and Technology budgetary allocation in the current financial year (2022-23) has seen a drop from the last year. The 2022-2023 Union Budget has seen a drop of 3.9% from last year. What is the significance of science and tech? The purpose is to understand the world better. It is… Continue reading Funding woes haunts Indian Science
Desi commerce: GoI’s ecommerce network for small players is a good idea. Customer interface will be critical
Context: GoI’s quest to build an open digital ecommerce network for small businesses holds great promise. The proposed model can potentially be a game-changer for small retailers and new tech startups facing big ecommerce giants and their market dominance and commissions. It can also address sellers’ limitations of being tied down to one platform, and… Continue reading Desi commerce: GoI’s ecommerce network for small players is a good idea. Customer interface will be critical
A silicon waste alert for our creaky power sector
Context: India’s power crisis is best described by a disconnect between installed capacity and availability that must be sorted out. What are the major reasons behind the power shortage in the country? India has an installed capacity to generate almost 400 gigawatts of electricity, and about 40% of it cleanly. But a surge in peak… Continue reading A silicon waste alert for our creaky power sector
Invigorating the Ayush industry
Context: The Ayush industry in India can provide cost-effective healthcare to people across States. It has all the ingredients of success, to co-exist with the modern health systems, as a choice-based system of traditional medicine. The article lists out measures that can be implemented to reinvigorate the Ayush Ministry. China’s example wrt its traditional medicine… Continue reading Invigorating the Ayush industry
