News: For carbon sequestration, India must revisit its policy framework and reverse the decreasing participation of local communities. After India’s pledge to set a net-zero target by 2070, at the COP26 summit, Glasgow, saving forests has become much more important. In a study by Griscom (2017), natural climate solutions that also include forests can provide… Continue reading The baton of forest restoration in the net zero race
Tag: gs paper 3
On Track For 2070 Net Zero Target
Relevance: Clean energy transition News: India’s announcement to reach net-zero emissions by sourcing 50% of its electricity from renewable energy by 2030 is a significant moment for the global fight against climate change. Why it is imperative for India to achieve net-zero emissions? India’s economic growth has been among the highest in the world over… Continue reading On Track For 2070 Net Zero Target
What GDP data says about state of economy, its influence on budget priorities
News: Both the first advance estimate (FAE) and the Professional forecasters’ survey, published by the Reserve Bank of India, estimate the Indian economy to expand at 9.2 per cent in 2021-22. There is also an expected sharp increase in nominal GDP, which is estimated to expand by 17.6 per cent this fiscal, much faster than… Continue reading What GDP data says about state of economy, its influence on budget priorities
India climbing up the ladder of emerging tech patents, shows data
News: Domestic and global companies in emerging technologies have filed over 80,000 applications in India between 2016 and 2020. Areas ranging from Artificial Intelligence (AI), the Internet of Things (IoT), and big data to the cloud, Edge, cybersecurity, and real-time processing account for 70 percent of all technology patents. India is now ranked 8th in… Continue reading India climbing up the ladder of emerging tech patents, shows data
Worry about middle India
News: Indian has experienced a “K-shaped recovery” from the Pandemic. Here on one side there are booming stock prices and start-ups and on the other side there are difficulties in most households which are termed as middle level India. Must Read: Pointers that India is witnessing a K-shaped recovery How has been the economic recovery… Continue reading Worry about middle India
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
