WTO rules on foodgrains must be updated

News: About 60 countries, including India and China, have pushed for a joint proposal for consideration of several WTO rules. The proposal was pushed at the upcoming 12th ministerial summit of the World Trade Organization (WTO). The proposal has been moved to solve some of the contentious issues linked to, food stockholding, agricultural subsidies, international… Continue reading WTO rules on foodgrains must be updated

Urban mining

News: In late April, the Municipal Corporation of Gurugram angrily ordered its officials to find out who dumped “malba” — the Hindi word for Construction and Demolition Waste (C&DW) on either side of the Gurugram-Faridabad road. Frameworks to tackle C&DW already exist. Implementation needs to be improved. Contents1 What are the causes behind C&DW?2 What… Continue reading Urban mining

The inflation spectrometer

News: Inflation is a macroeconomic phenomenon which is under pressure at global and local level. Contents1 Major driving factors behind inflation2 Globally3 Local drivers of inflation:4 What are the issues in fiscal and monetary policy measures? Major driving factors behind inflation Inflation is caused by a number of factors which may includ supply, demand, local… Continue reading The inflation spectrometer

Evaluating the arsenal

News: The Ministry of Defence (MoD) and the Indian Army are assessing procurement of another 100-200 mobile SP howitzers. The additional 200 guns would equip 10 medium artillery regiments. Historical trends (1) Medieval Times In 1526, Babur defeated the Sultan of Delhi, Ibrahim Lodhi and won the First Battle of Panipat. Babur was able to… Continue reading Evaluating the arsenal

Asset monetisation

News: The Union government’s asset monetisation plan seems to be facing resistance from government departments and public sector enterprises (PSEs). The government’s target of mobilising Rs 1.62 trillion in the current fiscal year would thus become difficult to achieve. Contents1 What is the progress of Asset monetisation plan?2 Why are PSEs reluctant to monetise their… Continue reading Asset monetisation

Painted Leopard Gecko: Gecko found in Andhra, Odisha turns out to be a new species

What is the News? Researchers have identified a new species of Gecko named Eublepharis pictus also known as the Painted Leopard Gecko. What is a Painted Leopard Gecko? Discovered in: 2017 Genus: It belongs to the gecko genus Eublepharis Geographical Distribution: It appears to be a common species in the forests of Andhra Pradesh and… Continue reading Painted Leopard Gecko: Gecko found in Andhra, Odisha turns out to be a new species

In a first, IIM-Ahmedabad brings out agriculture land price index

What is the News? IIM-Ahmedabad(IIM-A) has joined hands with SFarms India (an e-marketplace for agricultural land) to launch a farm land price index called IIM-Ahmedabad SFarmsIndia Land Price Index (ISALPI). What is IIM-Ahmedabad SFarmsIndia Land Price Index (ISALPI)? Launched by: IM-Ahmedabad(IIM-A) and SFarms India (an e-marketplace for agricultural land). Purpose: The index has been designed… Continue reading In a first, IIM-Ahmedabad brings out agriculture land price index

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