9 PM Daily Current Affairs Brief – August 24th, 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 – August 24th, 2021

Global emissions can decline 10% this decade if refineries clean up their act

Source: Down To Earth   What is the news? As per the report published in One Earth, global cumulative emissions could be reduced by 10% during 2020-2030 if refineries adopt low carbon measures.  Findings  Emissions have increased: It estimated that emissions from the refineries in 2018 were about 1.3 gigatons (Gt) which would increase to 16.5 Gt of CO2 in 2020-2030 if refineries do not adopt low carbon measures.  Number… Continue reading Global emissions can decline 10% this decade if refineries clean up their act

Telcos need three more bold decisions

Source: Business Standard Relevance: Resolving issues plaguing the telecom sector in India Synopsis: Undoing the retrospective tax amendment affecting Vodafone Group and Cairn Energy among others was an excellent move, and proves what the government can do. These moves must now be followed by further policy changes. A brief look at some of them.  Contents1 Problems… Continue reading Telcos need three more bold decisions

Tauktae, Yass and Planning for the next

Source:  The Hindu  Relevance: Cyclone, its impacts and mitigation strategies Synopsis: Cyclones in India, are the second most frequent phenomena causing widespread damage across the board. A brief look at cyclone scenario in India, the devastation caused by cyclones, including the protective measures that have been taken and can be taken in the future.  Contents1 Cyclones in India 2… Continue reading Tauktae, Yass and Planning for the next

India pivot from Look east to trade West

Source: LiveMint Relevance: To understand India’s Free Trade Agreements (FTA) Synopsis: India has signed numerous FTA’s, but they have not yielded expected results. As India embarks on a new spree to sign new trade deals, India needs to do its homework very well. Contents1 Introduction2 Why did India face setbacks in the East?3 Why India is… Continue reading India pivot from Look east to trade West

India remains a very difficult country for dying companies

Source: Live Mint Relevance: Insolvency bankruptcy code and corporate failure Synopsis: The failure of Insolvency bankruptcy code to achieve its intended objectives is dubbed as ‘isomorphic mimicry’ by developmental scholars. What is ‘isomorphic mimicry’? It is the tendency of governments to mimic (copy) other governments’ successes, replicating processes, systems, and even products of the “best… Continue reading India remains a very difficult country for dying companies

India needs an ecosystem that’s conducive to MSME expansion

Source: Live Mint Relevance: Issues related to the growth of MSMEs in India Synopsis: We must adapt our policy settings to favor new opportunities for small businesses if we want them to play a big role in job creation. Contents1 Context2 Significance of small businesses in India3 What needs to be done?4 Way forward Context… Continue reading India needs an ecosystem that’s conducive to MSME expansion

What it’ll take to achieve goods exports of $400 billion?

Source: Livemint Relevance: Doubling India’s exports Synopsis: The blueprint for doubling India’s exports has already been crafted 10 years ago. It needs to be adapted to the modern times by incorporating suitable changes. A brief look at some factors that merit attention. Context India has set a target of merchandise exports of $450 billion in… Continue reading What it’ll take to achieve goods exports of $400 billion?

Give it a rest: SC reminds lower courts, cops to avoid unnecessary arrests. But bureaucratic habits die hard

Source: TOI Relevance – To differentiate between the right to arrest and need to arrest Synopsis: Supreme Court (SC) mentioned that arrest provision in law does not mean that government can use power indiscriminately to crush the personal liberty Contents1 Introduction2 When a person should not be arrested?3 Where does the problem lie?4 What needs… Continue reading Give it a rest: SC reminds lower courts, cops to avoid unnecessary arrests. But bureaucratic habits die hard

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