Tag: gs paper 3

India has emerged as a major buyer of Russian crude. But some caution is in order

News: India is the third-largest importer and consumer of oil in the world. Recently, a few private-sector refiners decided to import larger quantities of crude oil from Russia. Historically India imported oil and crude from Iran, Iraq and Russia. Last month, Russia became India’s second-largest oil supplier by overtaking Saudi Arabia. Contents1 About crude oil… Continue reading India has emerged as a major buyer of Russian crude. But some caution is in order

M Venkaiah Naidu writes: Without  soil conservation, there is no food security

News: Recently, Sadhguru, a spiritual leader, had launched an initiative known as “save soil campaign”. In addition, he also completed 100 days of solo biking across many countries to promote concerted action on saving soil. What are the factors that have led to food security? The agricultural modernisation has led to improvement in the crop… Continue reading M Venkaiah Naidu writes: Without  soil conservation, there is no food security

What India needs to do to reduce its fertiliser bill

News: In 2021- 22, India’s import of fertilisers touched an all-time high of $12.77 billion in fiscal terms. What are the factors that make India fit for agricultural activities? India has no dearth of land, water and sunshine to sustain vibrant agriculture. India is abundant in all these resources. For example: (1) India’s land under… Continue reading What India needs to do to reduce its fertiliser bill

Open network for digital commerce

News: The government of India announced the launch of the pilot phase of open network for digital commerce (ONDC) in five cities in late April. The aim was to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. Contents1 What is ONDC?2 What… Continue reading Open network for digital commerce

The problems plaguing thermal power generators

News: On June 10, India’s power demand touched a record high of 211 MW even as the coal shortage continued with coal stocks available only for eight days. Consequently, the Ministry of Power directed the power-generating companies or ‘gencos’ to use imported coal for 10% of their requirement, failing which their domestic supplies would be… Continue reading The problems plaguing thermal power generators

Crude oil diplomacy

News: Recently, a few private-sector refiners decided to import larger quantities of crude oil from Russia. This is likely to impact India’s Crude oil diplomacy and diplomatic standing with Western allies and West Asia, currently the country’s top suppliers. Last month, Russia became India’s second-largest oil supplier by overtaking Saudi Arabia. Why there is an… Continue reading Crude oil diplomacy

The role of caste in economic transformation

News: Recently, India witnessed agitations against farm laws, agitation for reservation by agriculture castes, and is witnessing an ongoing protest against the Agnipath programme, at present. What are the reasons for such protest? They are all arguably an outcome simmering discontent due to jobless economic growth for at least two decades, coupled with rising poverty… Continue reading The role of caste in economic transformation

Fiscal weakness – State finances can impede growth

News: State governments indulge in most of the general government spending (including the central government). According to a recent Reserve Bank of India(RBI) study, five states namely, Bihar, Kerala, Punjab, Rajasthan, and West Bengal figure among the most stressed states fiscally. The study has highlighted 10 vulnerable states based on their debt stock in 2020-21. These… Continue reading Fiscal weakness – State finances can impede growth

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