Tag: gs paper 3

Synopsis: India’s start-up ecosystem is radically breaking from its past in company valuations, unicorn numbers, funding round sizes, foreign interest, and growth. Contents1 Introduction2 How economic development is like a game of scrabble?3 How triad helped entrepreneurs?4 How UPI, GST and JIO helped startups?5 What is the lesson of this economic scrabble?6 What is the… Continue reading The New Economic Scrabble

Synopsis: RBI’s recent actions against auditors highlight the need for role clarity as well as coordination among regulators Contents1 Introduction2 What are the roles and responsibilities of Institute of Chartered Accountants of India (ICAI)?3 While ICAI has the power to Discipline and take action on misconduct by auditors, why RBI and SEBI needs to intervene?4… Continue reading Who is my regulator?: On RBI’s recent actions against auditors

Synopsis: Possibility of phasing out coal, challenges involved and major issues with carbon removal technologies. Contents1 Why phasing out of coal is necessary?2 What are the global coal CO2 emission trends?3 Who are the major consumers of coal?4 What are some issues with the carbon removal technologies? Why phasing out of coal is necessary? Among… Continue reading Carbon removal and phasing out of coal

Synopsis: New revelations underline how the Facebook company is sheltering hate speech in India. Contents1 Introduction2 What were the complaints alleged against Facebook?3 Are the revelations significant in the Indian context?4 What has been various governments’ response?5 What steps should Facebook take?6 What should Govt of India do? Introduction In September 2021, Frances Haugen, a… Continue reading 5 Questions On Facebook

Synopsis: The Quarterly Employment Survey is based on an outdated frame and will result in incorrect estimates. Introduction Recently, the Labour Bureau, under the Ministry of Labour and Employment, released the Quarterly Employment Survey (QES) results for April-June 2021 for non-farm industries in the organised sector. However, the findings of QES met with muted scepticism… Continue reading It’s time for a new QES

Synopsis: The post-pandemic fiscal future would depend on the way government expenditure is directed. Contents1 Introduction2 What is the current fiscal scenario?3 What are the current medium-term fiscal challenges Indian economy is facing?4 Which factors can affect the financial stability?5 What is the way forward? Introduction Tax collection in the current fiscal year is likely… Continue reading India’s post-pandemic fiscal future

Synopsis: As the Covid-19 pandemic has revealed, there is an urgent need to work on health inequity to ensure that everyone has access to affordable medicine. Contents1 Introduction2 What is the level of health inequity during the pandemic?3 Why is the supply of Covid-related items constrained?4 What attempts have been made towards health inequity during… Continue reading Global inequality: New drugs go the way of vaccines

Synopsis: The world reacted to downturn of economy by spending in different bands. The results are not the same even in same band of stimulus owing to various reasons listed. Introduction The data on aggressive monetary and fiscal stimulus of the top emerging and developed markets and the strength of the ensuing recovery showed no… Continue reading Pandemic Stimulus Backfired

Synopsis: A US based company has taken a project to introduce a hybrid of extinct Mammoth and Elephants. Contents1 Introduction2 How the experiment will be done?3 What is the expected outcome?4 What are the concerns and challenges? Introduction A US bio-startup “Colossal” launched a project to regenerate the extinct woolly mammoth, or rather to create… Continue reading A mammoth project to help endangered species and planet