Source: Times of India Synopsis: Nehruvian Socialism has been criticized for many of India’s present problems. This article explains the main cause behind that. Contents1 Introduction2 What was the approach followed by Nehru?3 Consequences of Nehru’s approach 4 Why the transition has been very slow? Introduction Nehruvian Socialism has often been criticized for India’s economic failures… Continue reading Nehru’s real big mistake: Heavy industry wrongly got priority in 1950s. So even at 75, India isn’t rich
Tag: gs paper 3
Welcome rethink on FTAs
Source: Business Standard Relevance: Significance of International trade to Indian Economy Synopsis: Increasing exports is important criteria for India’s sustained economic growth in the future. Contents1 Context2 What is an early harvest” agreement?3 How protectionism will impact India’s trade potential?4 Why India needs to focus on exports & global trade?5 Suggestions/Measures6 Why India Should Join… Continue reading Welcome rethink on FTAs
Why attempts to boost oil palm farming may work?
Source: Business Standard Relevance: Analysis of National Mission on Edible Oils Synopsis: In light of the recently announced scheme to boost production of palm oil in India, a brief look at previous such attempts, their impact and the overall issues involved with palm oil cultivation. Contents1 Context2 Present scenario3 Challenges with palm oil cultivation4 Previous… Continue reading Why attempts to boost oil palm farming may work?
India’s looming water crisis and urgent measures to address it
Source: Livemint Relevance: Measures needed to address India’s water crisis Synopsis: The groundwater table in India is falling at faster rate than ever, and thus we need radical changes in agricultural practices along with other measures to address the water crisis of India. Contents1 Context2 Significance of groundwater3 Factors behind groundwater decline4 Measures needed Context… Continue reading India’s looming water crisis and urgent measures to address it
The space race is getting harder
Source: Business Standard Relevance: Understanding the impact of the new space race Synopsis: A vast technological gap is opening up as humans race to colonize the solar system. A brief look into the space race of the past and the implications of the new age space race. Contents1 Why launching objects into space is hard?2… Continue reading The space race is getting harder
Beyond bank accounts
Source: Business Standard Relevance: RBI has published the Financial Inclusion Index (FI- Index) Synopsis: Given the need to attain equitable growth, it is important to Focus on financial inclusion. The study of RBI report becomes important in this regard. Click here to read about FI-Index Contents1 What is the need for Financial Inclusion?2 What needs to… Continue reading Beyond bank accounts
HAS IBC DELIVERED ON ITS LOFTY PROMISE?
Source: Live Mint Relevance: IBC process is one of the most important aspects of industrial growth. Synopsis: IBC Process has been a mixed bag of achievements and challenges. This article highlights issues and achievements of, and ways to improve the IBC process. Recently, the chairperson of the standing committee on finance, Jayant Sinha informed parliament… Continue reading HAS IBC DELIVERED ON ITS LOFTY PROMISE?
Why the Global South needs birds and bees more than the North?
Source: Down to Earth Relevance: Implications of the decline in pollinator population Synopsis: World’s biodiversity is facing a risk from reduction of pollinators such as bees, butterflies, birds, bats, etc. It is believed that the risk is greater for most of the developing world. A brief look. Contents1 Context2 Concerns 3 Causes behind pollinator decline4 Significance… Continue reading Why the Global South needs birds and bees more than the North?
Second-generation bioethanol: It is time to launch it headlong
Source: Down to Earth Relevance: Going from waste to wealth for producing clean energy Synopsis: Second generation bioethanol can help us reduce our oil import dependency. A brief look at its advantages. Context On the eve of 75th Independence Day, Indian PM announced a new goal of transforming India into an ‘energy-independent’ nation by 2047.… Continue reading Second-generation bioethanol: It is time to launch it headlong
Finding work is work in progress (COVID’s impact on jobs)
Source: Times of India Relevance: Dealing with economic implications of COVID Synopsis: Reversing the pandemic hit to the job market is only a first step. The real jobs challenge still lies ahead. A brief look at the impact of COVID on the job market and the future challenges. Contents1 Context2 Impact of pandemic on jobs3… Continue reading Finding work is work in progress (COVID’s impact on jobs)
