Source: Live Mint Relevance: Future of Central bank digital currency Synopsis: CBDC is likely to be in the arsenal of every central bank going forward. Factors behind sudden global interest of CBDC, its need and associated challenges. Context RBI may come out with a model for the implementation of a government-backed digital currency by the end of… Continue reading Inside the RBI’s digital currency dream (On CBDC)
A way of diluting credit discipline (On RBI’s current account circular)
Source: The Hindu Relevance: Credit Discipline, Regulations by RBI Synopsis: Recent RBI circular on opening current accounts will have the counter-intuitive effect of diluting credit discipline rather than strengthening it. Context Recently, some bank borrowers have gone to court demanding that it quash the Reserve Bank of India (RBI) circular on opening current accounts. However,… Continue reading A way of diluting credit discipline (On RBI’s current account circular)
It’s time for Industry 4.0
Source: The Hindu Relevance: Modernization of Indian MSME’s Synopsis: MSMEs are significant to India. India can leverage multiple benefits by integrating ‘Industry 4.0’ features in Indian MSMEs. What is ‘Industry 4.0’? The term ‘Industry 4.0’ was coined by the German government in 2011. Additive manufacturing, Internet of Things, Cyber Physical Systems, Augmented Reality/Virtual Reality and… Continue reading It’s time for Industry 4.0
India has done well to ratify the Montreal accord amendment
Source: Business Standard Relevance: Understanding India’s ratification to Kigali Agreement Synopsis: The recent announcement of Government of India to ratify the Kigali agreement is expected to bring various benefits including strengthening India’s global position in fight against climate change Context The government’s decision to ratify the amendment to the Montreal accord on phasing out ozone-depleting… Continue reading India has done well to ratify the Montreal accord amendment
Switch it off!: How light pollution disorients ecosystems
Source: Down to Earth Relevance: Impact of light pollution Synopsis: Excessive use of light in urban areas has negative impact on human and animal life. Analysis of the impact and mitigation measures that can be taken. Context Watching the night sky, the stars and other astronomical objects is an absolute delight. While one may still… Continue reading Switch it off!: How light pollution disorients ecosystems
The dangers of India’s palm oil push
Source: Indian Express Relevance: Issues associated with Palm oil cultivation Synopsis: The recent push by Government of India to promote production of palm oil in Northeast and Andaman Nicobar islands has raised various concerns. A brief look. Context On August 15th, 2021, PM announced a support of Rs 11,000 crore to incentivize oil palm production.… Continue reading The dangers of India’s palm oil push
The class divide that threatens to thwart our educational goals
Source: LiveMint Relevance: Understand the learning loss due to Pandemic Synopsis: The article highlights the “learning loss” that occurred due to school closure during the pandemic. India has to work hard to ensure that learning loss does not translate to a loss in future. Introduction The lockdowns because of the Pandemic impacted the learning, especially for… Continue reading The class divide that threatens to thwart our educational goals
Helping and hindering justice
Source: The Hindu Syllabus: GS 2 Judiciary, Digital divide & health Relevance: To understand eCourts initiative Synopsis: Pandemic exposed the eCourts system to the outer world. Digitization enabled Judiciary to respond the online world. However, many challenges also surfaced which need careful consideration. Judiciary pointed that despite CoWIN initiative,there were many digital impediments to the delivery… Continue reading Helping and hindering justice
Income and quotas
Source: The Hindu Syllabus: GS 2 – Fundamental rights Relevance: To understand dimensions of creamy layer Synopsis: Supreme Court (SC) lays bare the limit of using economic criteria to determine reservation ability SC ruled that economic criteria alone cannot be used to classify “creamy layer” members of Backward Class (BC). Apart from the economic criterion,… Continue reading Income and quotas
Don’t chase the mirage of iron-fortified rice
Source: Indian Express Relevance: about rice fortification programme Synopsis: Rice fortification programme might not be the answer to India’s food security and nutritional challenges. A push to a balanced and diverse diet is a far more superior strategy. Issues with the recently announced mandatory rice fortification programme. Background Read these articles in sequence PM announces… Continue reading Don’t chase the mirage of iron-fortified rice
