Source: This post is based on the article “Banks could end up beholden to online platforms with reach” published in Livemint on 30th August 2021. Relevance: Disruption in the banking sector by tech giants. Synopsis: Deposit mobilization through Big Tech apps might weaken banks. Contents1 What has happened?2 Significance3 Implications4 Global examples5 The present scenario… Continue reading Banks could end up beholden to online platforms with reach
Tag: gs paper 3
World freed from toxic leaded petrol: A global win
Source: This post is based on the article “World freed from toxic leaded petrol: A global win” published in the Down to Earth on 31st August 2021. Relevance: removal of lead from petrol Synopsis: It is a remarkable achievement for the global community to remove lead from petrol across the world. It will have positive… Continue reading World freed from toxic leaded petrol: A global win
A Power Cut For India
Source: This post is based on the article “A Power Cut For India” published in The Times of India on 31st August 2021. Relevance: This article explains the link between India’s economic performance and geopolitical developments. Synopsis: The setback in Afghanistan highlights a recent decline in the country’s geopolitical & economic weight. Context India’s external… Continue reading A Power Cut For India
Making NMP work
Source: This post is based on the following articles published on 31st August 2021: Asset monetization mustn’t end up as a Potemkin show – Livemint A monetization move that doesn’t tick most boxes – The Hindu Making NMP work – Business standard Relevance: Resource Mobilisation Synopsis: Challenges in the Implementation of National Monetisation Pipeline (NMP) and suggestions to overcome those challenges. Is asset… Continue reading Making NMP work
How private businesses imperil our health as well as prosperity
Source: This post is based on the article “How private businesses imperil our health as well as prosperity” published in Livemint on 31st August 2021. Relevance: Corporate Responsibilities, Indian Industries and growth. Synopsis: Private sector receives so much from the government such as tax breaks and subsidies but offers very less in return to the citizens of… Continue reading How private businesses imperil our health as well as prosperity
Getting finance onside for climate
Source: This post is based on the article “Getting finance onside for climate” published in Business Standard on 30th August 2021. Relevance: Role of finance in alleviating climate crisis. Synopsis: Climate crisis demands enormous economic and societal changes. The challenge is manageable. But if it is to be managed well, finance must play its part.… Continue reading Getting finance onside for climate
Genetically changed mosquitoes could transform Africa’s long fight against malaria
Source: Down to Earth Relevance: Tackling Malaria via genetic programming of Mosquitoes. Synopsis: Genetic programming of mosquitoes along with traditional methods of Malaria prevention could help us reduce the increasing cases of Malaria globally and help reduce associated mortality. Contents1 Context2 About gene drive3 Genetically-programmed mosquitoes4 Concerns/Issues Context For Malaria prevention, some countries heavily depend… Continue reading Genetically changed mosquitoes could transform Africa’s long fight against malaria
Infrastructure development and eco-conservation should go hand-in-hand
Source: The Hindu Relevance: Balancing economic development with environmental conservation. Synopsis: Infrastructural development, though necessary, must be rooted in regional ecological and environmental realities. Contents1 Context2 Background3 Present scenario4 Way forward Context Infrastructure development in the Himalayan region such as Hydropower is disturbing fragile ecosystem and leading to issues such as landslips, avalanches and the… Continue reading Infrastructure development and eco-conservation should go hand-in-hand
It makes sense to extract value from underutilized public assets (On Asset monetisation)
Source: Live Mint Relevance: Resource Mobilisation Synopsis: National Monetisation Pipeline (NMP), should be welcomed. Background Read here: National Monetisation Pipeline Project – Explained, pointwise The Rationale behind Asset Monetisation Additional Fiscal resources for states: Public assets like roadside parking slots, municipal grounds and advertising surfaces and parade grounds of police and defence services remain unused… Continue reading It makes sense to extract value from underutilized public assets (On Asset monetisation)
GoI Plus India Inc (On lack of trust b/w govt & businesses)
Source: Times of India Relevance: Industry-Government partnership Synopsis: No nation became prosperous without trust between government and business. A look at some such events that indicate lack of trust. Context In the past few weeks, a series of events have raised the question of trust between government and business. It brought back unhappy memories of… Continue reading GoI Plus India Inc (On lack of trust b/w govt & businesses)
