Year End Review 2021 for Department of Commerce, Ministry of Commerce and Industry

What is the news? The Department of Commerce has taken several steps during the year 2021. Measures taken by Commerce Ministry Merchandise Exports: Department of Commerce has set a target of US$ 400 billion of merchandise exports by the year 2021-22. Currently, merchandise exports have reached 65% of the target of USD 400 Billion till… Continue reading Year End Review 2021 for Department of Commerce, Ministry of Commerce and Industry

Defence Ministry’s year-end review: Looking ahead to 2022

News: The Ministry of Defence (MoD) has released its traditional year-end review. The review focuses almost exclusively on the military’s successes and achievements during the year gone by, while playing down its shortcomings. What are some of the key achievements mentioned in the report? Defence management reform: – Appointment of a tri-service chief of defence… Continue reading Defence Ministry’s year-end review: Looking ahead to 2022

It’s the year to turbocharge our renewable-energy drive

News: 2021 saw the world joining hands to mitigate climate risks. 2022 will need a doubling down of efforts to achieve the renewable energy targets that were recently reset by India. Must Read: A must-surge year for climate goals What is the way forward? Govt needs to take the following key measures in 2022 to… Continue reading It’s the year to turbocharge our renewable-energy drive

Why India’s policy to produce ethanol-blended petrol is short-sighted

News: Recently, the government revised the EBP program by advancing a 20 percent blend target (E20) to 2025 from 2030. The ambitious policy to promote ethanol-blended petrol will be bad for India’s food and water security. Because, in a world moving towards electric vehicles (EVs), batteries and hydrogen, ethanol is less suited for India amid… Continue reading Why India’s policy to produce ethanol-blended petrol is short-sighted

Electric vehicles, hydrogen and climate

News: The rising temperatures across the globe have forced the global countries to shift towards low carbon transport technologies (e-vehicles). The financially devastating climate events of 2021 have forced global countries to search for low carbon technologies. For instance, hurricanes in the US, China, and India, floods in Australia, Europe, and Canada, cost $170 billion… Continue reading Electric vehicles, hydrogen and climate

Reformist laws for trading in farm output are best enacted by states

News:  The Model Agriculture Produce and Livestock Marketing (Promotion and Facilitation) Act, 2017, or model APLM act is a better option compared to the central farm law.  It is also more comprehensive than the recently repealed farm laws. A model APLM act for doing away with the APMC-controlled regime was drafted for states in 2017… Continue reading Reformist laws for trading in farm output are best enacted by states

Can people’s behaviour change for better?

News: Indian PM gave the idea of LIFE (Lifestyle for Environment) at COP26 climate summit at Glasgow. But, in order to create a mass movement of an environmentally conscious lifestyle we need to bring changes in people’s beliefs, habits and behaviours. Must Read: Glasgow Climate Pact (GCP) – Explained, pointwise How can we address the… Continue reading Can people’s behaviour change for better?

A must-surge year for climate goals

News: The year 2022 will be critical for India’s renewable energy industry if it is to hit the country’s ambitious 2030 and 2070 climate goals. If we don’t speed up the pace in 2022, it will make the targets more difficult to reach in each succeeding year. Must Read: Glasgow Climate Pact (GCP) – Explained,… Continue reading A must-surge year for climate goals

Gains from trade

News: Preliminary data from Ministry of commerce and Industry shows an increase in exports and imports over the pre-pandemic level.  Contents1 What are the indications of a positive momentum in India’s export and imports? 2 How is the global trade scenario currently like? 3 What are the current government policies to promote India’s share in global trade? 4… Continue reading Gains from trade

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