Synopsis: Further Liberalisation of capital account would increase risks. Introduction India has been progressively liberalising its capital account and further opening up would depend on a combination of factors. Deputy Governor T Rabi Sankar in a speech last week talked about various issues in this context. What are the recent steps taken by RBI with… Continue reading Liberalising capital account
Tag: gs paper 3
The final frontier of space technology
Synopsis: Emerging tech is helping leverage space for various terrestrial uses. Contents1 Introduction2 How the miniaturisation of satellites will be beneficial?3 How the use of AI will benefit Space sector?4 What lies ahead for India? Introduction Technological innovations are now driving space activities and research. The space industry is using technologies like 5G, advanced satellite… Continue reading The final frontier of space technology
Air India sale opens up a brighter future for aviation
Synopsis: Disinvestment of Air India will benefit Indian economy. Introduction Recently, the Government of India has successfully disinvested 100 per cent of its stake in Air India, 100 per cent in the low-cost airline Air India Express Ltd and 50 per cent in the Air India SATS Airport Services Private Ltd. The move reflects the… Continue reading Air India sale opens up a brighter future for aviation
It’s not fossil fuel: Coal, biomass and degraded land are main contributors to India’s air pollution
Synopsis: Instead of announcing various schemes, there is a need to understand the root cause behind increasing pollution. Contents1 Introduction2 What is the status of pollution in Delhi?3 What were the steps taken by the government to address pollution?4 What are the reasons behind the pollution in Delhi?5 What needs to be done? Introduction As air… Continue reading It’s not fossil fuel: Coal, biomass and degraded land are main contributors to India’s air pollution
Deconstructing climate finance
Synopsis: Behind the rhetoric of mobilising climate finance lies the grim reality of burdening the G77 and its people with a fresh load of “green” debt. Contents1 Introduction2 What are the issues underlying in climate finance?3 How USA has performed with respect to climate financing?4 What is the way forward? Introduction Media reports have claimed… Continue reading Deconstructing climate finance
CoP-26: We must shift gear from climate intention to actual action
Synopsis: There is an urgent need to address climate change which continues to mount. The future of each one depends on the actions of all. Contents1 Introduction2 What is the current scenario?3 What are some important issues that must be resolved at CoP-26?4 What is the way forward? Introduction Recent catastrophic flooding in Asia and… Continue reading CoP-26: We must shift gear from climate intention to actual action
Energy policy preparedness
Synopsis: Energy policy preparedness would help reduce the impact of global market disruptions on the Indian economy. Introduction The ongoing recovery and the medium-term growth potential of the Indian economy could be adversely affected by the unfavourable energy sector outlook. Deficient coal supply is affecting power availability in many states and could hurt industrial production.… Continue reading Energy policy preparedness
GST rationalisation: Challenge and response
Synopsis: A revision of GST slab rates may create some disquiet, but, if cleverly crafted, it could be a game-changer for manufacturing. Introduction Recently, the group of ministers (GoM) was formed by the GST Council for rate rationalisation and correcting the inverted duty structure. The GoM has a very difficult task of balancing a number… Continue reading GST rationalisation: Challenge and response
Semiconductors: Why India should not make chips – Instead, the focus should be on other parts of the global value chain
Synopsis: There is a burgeoning Electronics market, and also there is a consequent fight over the major powers to control the semiconductor industry. India can use this opportunity to improve to achieve digital India targets. Contents1 Introduction 2 Why is there a global chip fight? 3 What are its impacts on the world’s geopolitics? 4 What are the… Continue reading Semiconductors: Why India should not make chips – Instead, the focus should be on other parts of the global value chain
The great hubris that lay behind the Great Moderation and Reset
Synopsis: Faulty assumptions of rosy economic scenarios have resulted in an energy crisis. Introduction Post-covid, there has been talk of a great reset. It has many elements. Important among them is green growth, an effort to decarbonize the world and attain net zero carbon dioxide emissions. For instance, The International Energy Agency (IEA), in a… Continue reading The great hubris that lay behind the Great Moderation and Reset
