News: The Ministry of Electronics and Information Technology(MEITY) has released a fresh draft of the amendment to the Information Technology(IT) Rules 2021. What are the draft new amendments to the IT Rules,2021? Read here: Union Govt seeks fresh comments on Draft IT Rules What are the issues associated with the draft amendments? 1) State oversight of moderation… Continue reading Moderation’s broken but this isn’t the way to fix it
Tag: gs paper 3
Is the ban on wheat exports good policy?
News: Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. The government has argued that farmers have not… Continue reading Is the ban on wheat exports good policy?
Global hunger calls for a collective action
News: In a statement, the United Nations’ Secretary General, said that: Global hunger levels are at a new high. In just two years, the number of severely food insecure people has doubled from 135 million to 276 million. The present situation is pointing towards a global food shortage. It may push millions of people into… Continue reading Global hunger calls for a collective action
Explained: The RBI rate hike and its impact
News: Reserve Bank of India hiked the repo rate by another 50 basis points. RBI is moving on with the withdrawal of its accommodative policy, in the backdrop of increasing inflation in the country. The RBI had pumped huge liquidity into the system in 2020 to counter the impact of the pandemic. RBI has projected… Continue reading Explained: The RBI rate hike and its impact
International trade remains important
News: In 2022, international trade is being impacted by a continuing global pandemic, a European war, widespread economic sanctions, supply chains disruptions and sudden national bans and caps on exports of essential commodities. Global Trade The World Trade Organization (WTO) estimates that global goods trade has expanded by about 40 times (in terms of volume)… Continue reading International trade remains important
Look at per capita: on Environmental Performance Index (EPI) 2022 report
News: Environmental Performance Index (EPI) 2022 was released recently. Recently, Environmental Performance Index 2022 ranked India at the bottom of 180 countries. The findings of the index are not accurate. EPI does not generally accept information directly from governments. Data is used from multiple sources, including government data. Thus, the ranking does not accurately reflect India’s… Continue reading Look at per capita: on Environmental Performance Index (EPI) 2022 report
Crime and copyright infringement
News: The Supreme Court of India, in Knit Pro International v. The State of NCT has ruled that the copyright infringement is a cognisable offence under the Code of Criminal Procedure (CrPC), 1973. Legal framework for copyright in India The Indian Copyright Act makes a distinction between commercial and non-commercial infringement. It allows the courts… Continue reading Crime and copyright infringement
Of what good is a bad bank?
News: Union Finance Minister recently announced that the National Asset Reconstruction Company (NARCL) along with the India Debt Resolution Company (IDRCL) will take over the first set of bad loans from banks and try to resolve them. The decision to set up a bad bank was taken by the Union government during the Budget presented… Continue reading Of what good is a bad bank?
The shadows over global growth recovery are long
News: There has not been a full recovery from the aftershocks of the COVID-19 pandemic. Economic prospects have worsened. There is divergence between the economic recoveries of advanced economies and those of the developing ones. What are the macroeconomic forces behind inadequate recovery? Supply Chain Disruptions There are prevailing uncertainties in global growth prospects due… Continue reading The shadows over global growth recovery are long
Indigenise smart: Heavy investment in R&D is needed to take Indian defence production to next level
News: To promote indigenisation, defence ministry has given the initial approval to projects worth Rs 76,390 crore. All the proposed capital acquisition will be under the ‘Buy and Make Indian’ mechanism. What are the projects approved? Construction of eight next-generation corvettes for the navy, Procurement of wheeled armoured fighting vehicles, and The manufacture of Dornier… Continue reading Indigenise smart: Heavy investment in R&D is needed to take Indian defence production to next level
