News: ARCs should be treated equally with National Asset Reconstruction Company Ltd (NARCL). In many countries, the national bad banks, set up to help clean the balance sheets of banks, make losses. This is because they buy non-performing assets (NPAs) from banks at inflated value, and sell them at market value after efforts to revive… Continue reading A fair playing field for ARCs to rival our new bad bank
Tag: gs paper 3
The data protection bills’ reduced emphasis on privacy
News: Joint Committee of Parliament (JCP) on the Personal Data Protection (PDP) Bill, 2019 has submitted its report in the Parliament. Also Read: The draft personal data protection bill, 2018 What are the key recommendations of the bill? Children data: It recommended children’s personal data be processed in the manner best fitted for the interest of… Continue reading The data protection bills’ reduced emphasis on privacy
Our Harmed Forces?
News: Recent tragic incidents have once again brought the public focus on the long-standing issue of the relationship between the defence services and domestic politics. The time has come to pay attention to the issue of the politicisation of defence services. What events have attracted attention towards the relationship b/w services and politics? Recent events… Continue reading Our Harmed Forces?
On Plastic pollution
Relevance: Plastic pollution News: India’s track record in managing plastic pollution compares poorly with that of many other countries. The latest global Plastic Management Index, ranks India 20th among 25 major plastic-producing nations. Contents1 What are the reasons?2 What are the negative implications?3 What are the steps taken?4 What is the way forward? What are… Continue reading On Plastic pollution
Delink the good, bad and ugly of online gaming for apt regulation
News: Recently, a parliamentarian urged the government to come up with a comprehensive framework to regulate online gaming. The need to regulate online gaming industry is clear as India is home to over 275 gaming companies, more than 15,000 game developers, and around 300 million gamers. But the issues of illegal betting and gambling should… Continue reading Delink the good, bad and ugly of online gaming for apt regulation
Gati Shakti: A much-needed fast track to development
News: Gati shakti master plan would help India to converge its infrastructure spending. Must read: PM Gati Shakti – National Infrastructure Master Plan – Explained, pointwise Contents1 What is the Gati shakti master plan?2 What are the past initiatives to boost infrastructure?3 What are the challenges faced by Infrastructure projects despite various measures?4 How Gati… Continue reading Gati Shakti: A much-needed fast track to development
Blue sky thinking-Net zero aviation is more than a flight of fantasy
News: Emissions from aviation industry have almost doubled since 2000 and reached one billion ton in 2018. To reduce emissions from aviation sector and make it net-zero will require a huge collaborative effort between industry, government and consumers. What has been the efforts by the aviation sector towards the net-zero goal? The aviation sector’s progress in cutting… Continue reading Blue sky thinking-Net zero aviation is more than a flight of fantasy
An over-engineered social stock exchange?
News: Securities and Exchange Board of India (SEBI) in its recent board meeting approved the creation of a social stock exchange. SEBI has announced the setting up of Social Stock Exchange, on the basis of proposals from the working group under Ishaat Hussain, and a technical advisory committee under Harsh Kumar Bhanwala. What are the… Continue reading An over-engineered social stock exchange?
What rising inequality means
News: COVID Pandemic has exposed the inequality present globally. The middle 40% has 40% of the share in income. This distribution shows the tendency of a rising middle class with lower disparity in income. But it also shows that the status of the poor is worsening day by day. The menace of inequality needs to be… Continue reading What rising inequality means
India’s FTA ambitions in perspective
News: Recently, India’s commerce secretary, stated that trade will find a specific focus in the forthcoming Budget and that India’s FTAs will be “very deep”. The statement appears to be in line with recent global developments. For example, The US-Mexico-Canada Agreement (USMCA), the EU-Vietnam FTA, and the 15-member Regional Comprehensive Economic Partnership (RCEP). China and… Continue reading India’s FTA ambitions in perspective
