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 – November 2nd, 2021
Metaverse explained by 2 media and information experts
What is the news? There is a new push in tech-firms for dominating the “Metaverse” technology. Recently Facebook renamed itself as “Meta” highlights one such push. Technology industry envision it as the successor to today’s internet. What is “Metaverse”? The “metaverse” is a network of always-on virtual environments in which many people can interact with… Continue reading Metaverse explained by 2 media and information experts
Finding a way out of India’s deepening water stress
Synopsis: India’s water crisis will increase in future, so the government, people, and all should come together to solve the issue. Introduction Recently, the draft National Water Policy has been submitted by the Mihir Shah committee. What are the reasons behind the water crisis in India? Lack of sustainable urban planning: Many cities in India… Continue reading Finding a way out of India’s deepening water stress
Digitization could ease MSMEs’ access to supply-chain finance
Synopsis: Access to formal credit to MSMEs can be provided by linking the GST system and TReDS platform. Contents1 Introduction2 Why India should link the GST system and TReDS platform?3 How to link GST System and TReDS platform?4 What are the benefits of linking the GST system and TReDS Platform? Introduction Access to formal credit… Continue reading Digitization could ease MSMEs’ access to supply-chain finance
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Synopsis: Targeted support should be ensured to ensure desired growth of the sectors. Introduction Recent economic data shows that the Indian economy is bouncing back and is likely to exceed the pre-pandemic levels. RBI’s October Bulletin also indicated a GDP growth of 9.6% in the July-September quarter. But still, there are some sectors that are lacking… Continue reading Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable
Synopsis: Reasons for the increase in Centre’s gross tax revenues during April-September 2021. Introduction The Centre’s gross tax revenues have grown 64.2% year-on-year during April-September. This has resulted in a reduced fiscal deficit for the first half of 2021-22 that is, just 35% of the budget estimate for the whole year. According to the Swiss… Continue reading Improved finances gives Centre leeway to slash fuel excise duties, but a renewed spending spree is avoidable
A good synthesis of climate and transport economics would help
Synopsis: An analysis of urban India’s need for sustainable mobility suggests that we must rely heavily on clean public transit systems. Contents1 Introduction2 Why slow transition towards zero-emission vehicles looks difficult for India?3 What are ‘transit cities’ & How India can develop transit cities?4 What are the challenges in designing a transport system? Introduction Road… Continue reading A good synthesis of climate and transport economics would help
Decarbonization mustn’t overlook the rich-poor divide
Synopsis: Unless the world addresses the distributional and inequality-causing impact of highly carbon-intensive economic models, our job towards limiting temperature rise to 1.5°Celsius will remain unfinished Contents1 Introduction2 How much subsidies does India spend on fossil fuels?3 How much carbon space is available as of now?4 What is the way forward? Introduction With increased carbon… Continue reading Decarbonization mustn’t overlook the rich-poor divide
COP26 | PM’s Modi word: Net Zero 2070, clean & green 2030
Synopsis: India has made significance announcements at the ongoing COP26 meeting, including a target year for reaching net zero. Now the ball is in the developed world’s court wrt climate finance wherein India expects developed countries to provide $1 trillion at the earliest. Contents1 What has been India’s track record wrt its efforts on climate… Continue reading COP26 | PM’s Modi word: Net Zero 2070, clean & green 2030
The crypto conundrum
Synopsis: Controlling money supply and issuing money are at the root of the power and influence that the governments of this world command. Leaving the limited use case and exchange value aside, if Cryptocurrencies pose any real challenge to the existing fiat currencies it may result in a stern policy action. Contents1 Introduction2 What attracts… Continue reading The crypto conundrum
