Context–Author presents the view that although most technologies and tech products deplete our natural resources and contribute heavily to global warming and climate change. However, there is one tech that stands out and rather helps to save the planet that is – Fusion Energy. What is Nuclear Fusion? Nuclear fusion is not a new concept, scientists have known about it since Einstein’s… Continue reading Clean Energy from nuclear fusion is our Planet’s best hope
Tag: gs paper 3
Government shouldn’t rush to rein in fiscal deficit-NITI Aayog
News–NITI Aayog gas suggested that government should not rush to lower fiscal deficit. This would help economy and will provide a safety net to economy from new emerging variants. While the government has kept the fiscal deficit target for current financial year as 6.8 percent of GDP but it is targeting to lower it to 4.5 percent of GDP… Continue reading Government shouldn’t rush to rein in fiscal deficit-NITI Aayog
Nagaland’s people deserve neither AFSPA nor gun culture
News: The death of innocent civilians by security officers in Nagaland caused outrage of repealing the Armed Forces Special Powers Act (AFSPA). Contents1 What is AFSPA? What are the challenges associated with it?2 What are the various groups in Nagaland, and how do they proceed?3 What is the present situation?4 What should the government do?… Continue reading Nagaland’s people deserve neither AFSPA nor gun culture
The NFT promise is overhyped even for creative folks
News: The NFT promise is overhyped. Recently, a column titled ‘NFTs are overhyped but useful for a creative economy’ appeared in Mint. The author of that article opines that non-fungible tokens (NFTs) and the allied technology can alleviate the work-monetization challenges. Without NFTs, the artists and other independent content creators, are left at the mercy… Continue reading The NFT promise is overhyped even for creative folks
How waterways can help improve competitiveness
News: Despite being cost-effective and environment-friendly, domestic waterways play a limited role in hinterland connectivity. Contents1 About inland waterways in India2 What are the benefits of Inland waterways?2.1 Inland waterways and regional trade2.2 Help the economy3 How’s India developing inland waterways? About inland waterways in India India has an extensive network of inland waterways, but they are highly… Continue reading How waterways can help improve competitiveness
Covid impact on what we may call a relevant market
News– All-India Mobile Retailers’ Association recently threatened to approach the Competition Commission of India (CCI) against Chinese phone-maker Xiaomi’s alleged bias in favour of online marketplaces over offline retailers. Recently Supreme court allowed CCI to go ahead with an investigation against e-commerce players Flipkart and Amazon. In all these cases terms like Relevant market, dominant position occurs recurrently. India’s Competition Act,… Continue reading Covid impact on what we may call a relevant market
RBI must tackle surplus liquidity on way to policy normalisation
News: Recently, the Monetary Policy Committee (MPC) voted to maintain status quo on policy rates. Some of the key decisions that were taken at the recent the Monetary Policy Committee meeting are – – The repo rate is maintained at 4% and the reverse repo rate at 3.35%. – Forecasts of FY22 GDP growth and… Continue reading RBI must tackle surplus liquidity on way to policy normalisation
Real Cost of MSP For All Crops
News: Even as the central government has announced its withdrawal of the three farm laws, the demands for legalising MSP have grown stronger. Why Legalising MSP is a bad idea? Firstly, The expansion of MSP would impose trillions of rupees worth of additional burden on the taxpayer in the forthcoming decade. With the current procurement… Continue reading Real Cost of MSP For All Crops
Open banking puts banks on notice-Digitise or perish
News– India has unveiled Account aggregator framework in september,2021 that can that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. What is Account Aggregator (AA) framework? An AA is a new class of NBFC approved by the Reserve Bank of India… Continue reading Open banking puts banks on notice-Digitise or perish
A window of opportunity
News– How we can leverage the advantages that are generating due to Strict COVID policy of China and other restrictions going parallel to it. Where we stand vis-a-vis China? China’s economy is over five times of India’s. it has a $14-trillion economy, to India’s $2.7-trillion economy. We are too dependent on China for everything from active pharmaceutical ingredients to smartphones. And… Continue reading A window of opportunity
