Tag: gs paper 3

News: Recently India has initiated many green hydrogen initiatives like National Hydrogen Mission and aims to make India a global hub for green hydrogen production and export. Must read: Green Hydrogen: Potential, Issues and Solutions – Explained, pointwise How to produce Hydrogen? Hydrogen is one of the most abundant elements, but it cannot be sourced… Continue reading Green hydrogen makes a debut

News: Supreme Court’s suggested a two-day lockdown amid sharp deterioration in the National Capital Region’s air quality. The government’s efforts in the past decade provided positive results, and the ratio of land under short-duration varieties to the total land under paddy has more than doubled—from 32.6 percent in 2012 to 67.7 percent in 2021. What… Continue reading Why Punjab’s short-duration paddy varieties have not solved stubble burning

News: The Supreme Court has reserved its judgment on an appeal by the Ministry of Defence (MoD) regarding the Char Dham Highway Development project. Contents1 About the Char Dham Highway Development project2 About the case3 Why the MoD is demanding the widening of roads?4 What are the consequences associated with the Char Dham project?5 What… Continue reading Green and secure: Char Dham Highway project must see government and environmentalists work together

News: PM announced enhanced targets for climate action by India, particularly for achieving net-zero emissions by 2070. What is the need for policy changes in Renewable Energy(RE) sector? By 2070, there will be many changes in technology, environmental conditions, and the economy. Therefore, shorter period planning is needed, so that new knowledge about emerging technologies… Continue reading India needs a coordinated approach for decarbonisation of economy

News: The Reserve Bank of India (RBI) is thinking to approach the Union government to ask for tax benefits for retail investors investing in government bonds through its platform. The idea behind the RBI’s Retail Direct Scheme, to increase the ease of investment in government bonds for individual investors and widen the pool of investors… Continue reading Unnecessary intervention – RBI’s Proposal of tax benefits for retail investors

News: In a recent webinar central bankers, economists and lawyers explored the role and responsibilities of central banks in addressing the challenge of climate change. Must read: RBI must come clean where it stands on climate change Contents1 How central banks can tackle climate change?2 What are the challenges faced by central banks in climate… Continue reading Central banks and climate change: How they can play a role in managing the fallout

News: SBI Research in a recent report said that the size of India’s informal economy had shrunk from 52% of gross domestic product (GDP) in 2017-18 to around a current maximum of 15-20%. However, the report is inaccurate in many accounts. Read more here: https://forumias.com/blog/the-high-cost-of-indias-illusive-quest-for-formalization/ Why the recently released report by the State Bank of… Continue reading An estimate of a big formal shift that stretches credulity too far

News: India is being criticized for its last-minute call affecting changes to the Glasgow Climate Pact (GCP) wherein the expression ‘Phase out’ was changed to ‘Phase down’ of coal-based power in its final version. India’s per capita energy consumption is a third of the global average. Hence, as per the IEA, India will need to… Continue reading India needs time and money before it can dump coal

News: The government and regulatory authorities are considering a legislative and regulatory framework for cryptocurrencies.  As enforcing a ban on cryptocurrencies is not advisable, hence, the current policy approach is a step in the right direction. Must Read: Managing cryptocurrencies What parameters must be considered for regulating cryptocurrencies? Define a tax structure: This must outline… Continue reading Good crypto and bad: Defining, regulating and taxing this world