Tag: gs paper 3

Synopsis: Controlling money supply and issuing money are at the root of the power and influence that the governments of this world command. Leaving the limited use case and exchange value aside, if Cryptocurrencies pose any real challenge to the existing fiat currencies it may result in a stern policy action. Contents1 Introduction2 What attracts… Continue reading The crypto conundrum

Synopsis: While the world is gathered at Glasgow for COP26 meeting and finalizing the climate action roadmap for the coming years, new threats to environment have already come up. Countries need to start thinking about solutions to these issues right away. Otherwise, a decade down the line, they will find that they are in a… Continue reading The green issues of tomorrow

Synopsis: The post pandemic trajectory of economy has some trends and facts which are both challenging as well as encouraging. Introduction The current economic cycle is a rare one, induced by a major public health shock. To revive the economy, massive monetary stimulus was provided by various central banks by following loose monetary policy. We… Continue reading Mixed signals on growth-inflation dynamics

Synopsis: The current energy value chain works in silos. What India needs is an integrated point of reference. Contents1 Introduction2 What are the challenges leading to energy crisis?3 What is the solution?4 What are the potential benefits? Introduction The recent coal shortage shows flaws in the entire energy production chain. There is no one public body… Continue reading Why India needs a Ministry of Energy

Synopsis: There are multiple challenges in achieving a global consensus on climate goals. What are the solutions for India. Introduction Achieving climate goals require clean technology. However, India, a major economy that hopes to grow fast cannot simply just wait for tech transfers from the West. What are the challenges in achieving climate goals? World:… Continue reading A Climate Power

Synopsis: With worsening trajectory of climate change parameters across the world, an increased incidence of zoonotic diseases is also being witnessed. What are the key drivers of increased incidence of zoonotic viruses? Viruses account for almost 50% of new and emerging diseases. Since mid-20th century about 75% of all emerging viruses are zoonotic, they spill… Continue reading COP26, Covid & our species

Synopsis: Instead of constituting a committee to inquire into the allegations made in the Pegasus case, SC could have made use of other prerogative powers available to it. Introduction On October 27, the Supreme Court of India appointed an independent committee to inquire into the Pegasus case. But the court’s order still falls short of… Continue reading The Court’s order on Pegasus still falls short

Synopsis: The fight against COVID and climate change has suffered from misinformation. Both require strong measures and popular support. Contents1 Introduction2 How COVID has been a series of failures?3 What do these failures have to do with climate?4 What are the lessons leaders and officials meeting in Glasgow should keep in mind?5 What is the… Continue reading Our pandemic failures should inform climate-response talks

Synopsis: Central planning in decarbonization will impose excessive costs upon society. Contents1 Introduction2 Why the state’s role is essential?3 What are the drawbacks of a centrally planned decarbonization process?4 Why locally suitable mechanisms for decarbonization are best suited for India?5 Why carbon tax is considered the right mechanism to induce local innovative thinking towards decarbonisation?6… Continue reading How to decarbonize: On decarbonization

Synopsis: RBI should focus more on inflation management. Contents1 Introduction2 How was the central bank’s response to the pandemic ?3 What are the problems faced by RBI during the pandemic?4 Should RBI follow IMF’s Suggestion?5 What is the way forward? Introduction The Union government has given a three-year extension to Reserve Bank of India (RBI)… Continue reading Vote for continuity