Tag: gs paper 3

Climate and food price rise: Extreme weather events triggering unprecedented food inflation

News: Unfavourable and unreliable weather hurt agriculture resulted into pushing food prices our of reach across the world. What is the situation of Indian economy? India’s wholesale inflation rate in November 2021 was the highest in three decades i.e 14.23%. Although, it reduced marginally to 13.56% the next month, but still December 2021 was the ninth… Continue reading Climate and food price rise: Extreme weather events triggering unprecedented food inflation

India needs a new social contract 

Relevance: Inequality, Pandemic News: The hardship visible in the form of deaths, joblessness, hunger is not just the direct consequence of the pandemic alone, but it is the result of the prevailing inequality in India.  What is the level of inequality in Indian society?  While the number of dollar billionaires in India expanded by 39%… Continue reading India needs a new social contract 

About India State of Forest Report 2021: Plantations, invasive species… what all India counts as ‘forest’

News: Forest Survey of India has recently released its reports which show an increase in forests by 2,261 square kilometres. But, various researchers and environmentalists do not agree with this claim. Contents1 What are the findings of the Forest Survey of India?2 What are the arguments presented by the environmentalists?3 How there are discrepancies in the… Continue reading About India State of Forest Report 2021: Plantations, invasive species… what all India counts as ‘forest’

India’s economy and the challenge of informality

News: This article says that fiscal policy efforts to formalize the economy are not enough in the case of India. There is a need for a coherent approach that focuses on the productivity of workers, efficiency, and overall economic growth.  What is the fiscal perspective of formalization? One, according to international financial institutions such as… Continue reading India’s economy and the challenge of informality

Political economy of regulatory reform

News: This article discusses the status of implementation of regulatory reforms announced in the last seven budgets. Contents1 Why financial regulatory reforms are needed?2 How budget announcements have focused on reforming regulatory structure?3 What is the implementation status of the above-mentioned reforms?4 What is the way forward? Why financial regulatory reforms are needed? Financial regulatory… Continue reading Political economy of regulatory reform

Fiscal policy must take centre-stage for a broad revival

News: The third wave of the pandemic is receding but the impact of the pandemic on the economy may last longer. However, response of the government in dealing with the pandemic-induced disruptions can change the scenario. This article discusses the need to reduce inequality and how fiscal measures can help in that. Why inequality is… Continue reading Fiscal policy must take centre-stage for a broad revival

Digital Services Act: No online targeting

News: The European Parliament has passed the Digital Services Act (DSA), which aim towards protecting the privacy of users. What is the earlier Data Protection Rule EU had? The EU already had the General Data Protection Regulation (GDPR), which offers granular privacy protection to anybody (not only EU citizens). GDPR classified data about race, ethnicity, political opinions, religious… Continue reading Digital Services Act: No online targeting

Our broken system of environmental clearance

News  Environment Ministry’s move to rank state environmental impact assessment authorities based on their speed of environmental approval can have negative consequences for the environment.  What can be the negative consequences of this move?  Read here.  How has the EIA regime in India has evolved?  Environmental Impact Assessment (EIA) started way back in 1994. Although… Continue reading Our broken system of environmental clearance

Punjab assembly election 2022-Ignoring the ground water depletion problem

News  Election are around the corner and Punjab is one of the states going for the elections.  However, like every other election there is lack of concern and debate on some of the urgent issues of Punjab like the Ground water depletion.  What it is the magnitude of this problem?  Groundwater depletion in Punjab has… Continue reading Punjab assembly election 2022-Ignoring the ground water depletion problem

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