News: Not a single one of the claims made for demonetisation has been materialised. Read more here: https://forumias.com/blog/the-case-of-demonetisation-in-india/ Physical cash remains the dominant mode of exchange: The ratio of currency with the public to national income has, at 11.5%, remarkably remained the same from 2015-16 onwards. Money seems to remain a chosen medium of exchange… Continue reading The debacle of demonetisation
Tag: gs paper 3
A traffic lockdown may be what Delhi requires
News: Supreme Court described air pollution in and around Delhi city as a “crisis” and asked the Centre and Delhi administration to take action. SC has asked authorities to consider a lockdown, among other measures It has also advised the Centre to call an emergency meeting and work out specific ways to tackle the identified… Continue reading A traffic lockdown may be what Delhi requires
Deep-sea mining for building EV batteries: A sustainable approach or an invitation to another catastrophe?
News: Almost 70% of our planet is an ocean and of that, 90% is the deep sea. It houses countless species, ranging from tiny zooplankton to the heaviest whales. This combination supports in maintaining the ecological cycle of our planet. Mining investors are eying metals they can extract from the sea bed to build electric… Continue reading Deep-sea mining for building EV batteries: A sustainable approach or an invitation to another catastrophe?
Charting India’s path to a ‘Digital Rupee’
News: Recently, Nigeria launched its non-interest-yielding central bank digital currency (CBDC) — the eNaira. Along the similar lines, CBDC pilot projects are underway in at least 17 other countries. The primary drivers for central banks of EMDEs (emerging market and developing economies) to study CBDCs are domestic payments efficiency, financial inclusion, and payments safety. In… Continue reading Charting India’s path to a ‘Digital Rupee’
Why stubble burning is so hard to fix
News: Post Diwali, Delhi and the entire Gangetic plains have been covered in a thick blanket of smog. Stubble burning by farmers in states such as Punjab, Haryana, and parts of Uttar Pradesh is just one of many causes for declining air quality in Delhi. Recently, the Supreme Court too acknowledged this fact while directing… Continue reading Why stubble burning is so hard to fix
How the economy gets a boost from efficient logistics
News: Recently, the government released the annual Logistics Ease Across Different States (LEADS) report for 2021. LEADS report ranks states and Union territories (UTs) on the efficiency of their logistics ecosystem. It aims to induce stakeholders to make necessary improvements. Must read: Gujarat retains pole position in logistics index: Commerce ministry report How will efficient logistics help? With the country aspiring… Continue reading How the economy gets a boost from efficient logistics
What is RBI’s stand on the use of cryptocurrency
News: RBI governor has raised his concern over the cryptocurrency investment in India. Contents1 How the RBI has responded to the crypto business so far?2 How many Indians invest in cryptos and whether the amount is taxed?3 What are the concerns associated with cryptocurrency?4 Source: This post is based on the article “What is RBI’s stand… Continue reading What is RBI’s stand on the use of cryptocurrency
A lost cause: On the Gadchiroli encounter and Maoists
News: At least 26 Naxals were killed recently in an encounter with the Maharashtra police in Gadchiroli district, Maharashtra. Must read: Left Wing Extremism in India – Explained, Pointwise About Gadchiroli district Gadchiroli is a largely forested and tribal-dominated district. The district is among Maharashtra’s poorest and “severely affected” by left-wing extremism. The present situation… Continue reading A lost cause: On the Gadchiroli encounter and Maoists
Manipur flashpoint: Its insurgency and a volatile border continue to impose a toll on security forces and local people
News: The ambush on an Assam Rifles convoy by Manipur insurgents in Churachandpur district killing five soldiers breaches the fragile calm prevailing in the border state. About the insurgency in Manipur Manipur insurgency has lost much steam from a decade or so ago, the state remains troubled by insurgent groups operating from Myanmar’s Chin state… Continue reading Manipur flashpoint: Its insurgency and a volatile border continue to impose a toll on security forces and local people
Shielding farm sector from climate change
News: Climatic anomalies affect agriculture directly. Hence, there is a need for effective strategy to protect agriculture from its ill effects. Changes in the intensity, frequency, and seasonality of climate patterns, extreme weather events, rainfall pattern and river flows etc. are likely to impact agriculture sector. How would climate change affect the farm sector? The… Continue reading Shielding farm sector from climate change

