News: At present, the 12th World Trade Organization (WTO) ministerial conference is being held in Geneva. Food security is one of the agenda on the discussion table on the ministerial conference. Importance of Free Trade Free trade ensures that agricultural products flow from zones of abundance to regions of scarcity, just as the free exchange… Continue reading Free trade can’t yet pass a basic food security test
Tag: gs paper 3
Welcome a G-7 package for an energy transition
News: It’s a win for India’s diplomacy that the G7 group looks set to offer it a climate partnership deal. Unless it places an unfair burden on us, let’s use the funds to decarbonize our economy faster. What is the Just Energy Transition Partnership (JETP)? Upon taking over the G-7 presidency for 2022, host Germany… Continue reading Welcome a G-7 package for an energy transition
India at bottom in EPI 2022 but environment survey confuses and stifles honest discussion on climate change
News: The 2022 Environmental Performance Index (EPI) released on World Environment Day (June 5) has triggered much distress in India, as the country is ranked last (180th). The government has issued a fierce rebuttal. How do we make sense of this debate? Contents1 What are some problems with indexes?2 What are the challenges in measuring… Continue reading India at bottom in EPI 2022 but environment survey confuses and stifles honest discussion on climate change
Economic impact of Russia-Ukraine conflict: Global macro in 2022/2023
News: The Russia-Ukraine conflict has the potential of creating macroeconomic/financial crises in many countries. Contents1 What is the vulnerability of dependence on Russian oil and gas?2 What is the present status of the Russian oil and gas?3 What is the economic impact at the global level due to higher oil prices?4 What is the critical… Continue reading Economic impact of Russia-Ukraine conflict: Global macro in 2022/2023
Misery Index
Misery index is a simple sum of a nation’s annual inflation rate and its unemployment rate. The higher the index, the more the misery felt by average citizens. The first Misery Index was constructed by economist Art Okun in the 1960s. The Index has been modified several times, first by Robert Barro of Harvard and… Continue reading Misery Index
How India Got Her Top Guns
Context: In 1940/50s Indian Air Force (IAF) undertook air combat tactics and training through the Royal Air Force. Contents1 Evolution of IAF Training2 Measures Taken to develop tactics and training more suited to Indian needs3 Outcomes4 What are the challenges? Evolution of IAF Training In the post-independent India, The Indian Air Force (IAF) has sent… Continue reading How India Got Her Top Guns
‘Microbes cause Earth to function — from plants to humans, we all live due to microbial activity’
Contents1 What is the News?2 Why are Microbes essential to Earth’s species?3 Do microbes cause diseases?4 What is the significance of the Geosime molecule? What is the News? This article talks about why microbes are essential to life and the threat it faces from climate change. Why are Microbes essential to Earth’s species? Source: TOI… Continue reading ‘Microbes cause Earth to function — from plants to humans, we all live due to microbial activity’
India is not the fastest growing big economy
News: Recently, the Provisional Estimates of Annual National Income in 2021-22 was released. It showed that India’s GDP grew 8.7% in real terms and 19.5% in nominal terms (including inflation) which made India the fastest growing major economy in the world. Contents1 What are the problematic areas in the present GDP estimation?2 What are the… Continue reading India is not the fastest growing big economy
What India is doing to tackle its water crisis?
Context: Although India has 16% of the world’s population, the country possesses only 4% of the world’s freshwater resources. India is water-stressed due to changing weather patterns and repeated droughts. But it looks like the country has finally got its act together and several measures are now in place to conserve and rejuvenate our water… Continue reading What India is doing to tackle its water crisis?
Explained: What is the environment index, and why has India questioned it?
News: The newly released Environmental Performance Index (EPI) 2022, measured by Yale and Columbia universities, ranks India at the bottom position among 180 countries. The Environment Ministry has issued a rebuttal, saying the indicators used in the assessment are based on “unfounded assumptions”. Contents1 What is the Environmental Performance Index (EPI)?2 How poor is the… Continue reading Explained: What is the environment index, and why has India questioned it?
