Tag: gs paper 3

News: Inflation data based on the consumer price index (CPI) released this week suggest that, inflation has decreased compared to the previous months. This may be good news for the Reserve Bank of India, but any complacency would not only be premature, it could also create challenges for an economic recovery. Why India should not get… Continue reading The government should prepare for a sustained spell of inflation

News: The current increase in global trade offers an opportunity for India to get its exports’ strategy in order before growth dips again. Contents1 What are the factors that have contributed to the growth in exports?2 How does India stand to gain from this trend?3 What are the risks that can offset exports trade?4 What… Continue reading Time to harvest the tailwind in exports

News: Supreme Court expressed disappointment over the air pollution in National Capital Region. According to official data, Delhi has recorded less than 20 good air days (AQI less than 51) since 2015. This year also capital is facing the same issue. Commission for Air Quality Management (CAQM) has given directions to close all educational institutions… Continue reading The role of state policy in our acute smog crisis

News: Metaverse has opened a whole new world in front of us. With a range of technologies like AR, VR and MR that it offers, we also need simultaneous policies to prevent misuse of data and protect privacy. Until then, the risks will continue to outweigh the immense benefits that metaverses can offer us. What… Continue reading How Indian startups are powering the metaverse

News: Digital divide is not the only reason behind the educational divide, there are socio-economic reasons also. The covid-induced online education system has highlighted the divide between the digital haves and have-nots, which is a reflection of economic inequality. The distribution of smartphones and laptops to children to bridge the digital divide will not solve… Continue reading Digital divide in education can’t be bridged by laptops and smartphones alone

News: Increase in formalisation is not a consequence of micro and small informal firms transitioning to formality. A recent study by SBI estimates that the share of the informal economy has fallen to a mere one-fifth of GDP — a figure comparable to many advanced economies. However, the supposed formalisation that happened during the pandemic… Continue reading Understanding why the informal sector really shrank during the pandemic

Glasgow Climate Pact. News: At the recently concluded COP26, India not only made new climate commitments, but also stood up to argue for its right to continue burning coal in the short to medium run. The Indian delegation of negotiators eventually won the right for India to keep using coal for a while longer than… Continue reading India saved itself from dubious demands at the Glasgow climate change meet

News: Global Climate Risk Index has many fault lines hence, effective methods to manage climate change are needed. Global Climate Risk Index” (GCRI), published annually by GermanWatch, ranks 180 countries based on the impact of extreme weather events and associated socio-economic data from 2000-2019. It aims to forewarn countries about the possibility of more frequent… Continue reading Wide fault lines within the Global Climate Risk Index

News: Economists view trade openness as one of the most critical elements in a country’s development policy. Why India should review its trade protectionist policies? The principle of comparative advantage: Freeing up trade moves a country towards specialization in products. This encourages the country to move towards products with low output costs and move away… Continue reading Why We Must Trade Freely

What is the News? Border Roads Organisation (BRO) has received the Guinness World Records certificate for constructing and black topping the world’s highest motorable road at 19,024 feet at Umlingla Pass in Ladakh. About the World’s Highest Motorable Road  The road was built under the ‘Project Himank’ of BRO. It is a 52-km long motorable… Continue reading BRO feat recognised by Guinness World Records