Tag: gs paper 3

Synopsis: While the world is gathered at Glasgow for COP26 meeting and finalizing the climate action roadmap for the coming years, new threats to environment have already come up. Countries need to start thinking about solutions to these issues right away. Otherwise, a decade down the line, they will find that they are in a… Continue reading The green issues of tomorrow

Synopsis: The post pandemic trajectory of economy has some trends and facts which are both challenging as well as encouraging. Introduction The current economic cycle is a rare one, induced by a major public health shock. To revive the economy, massive monetary stimulus was provided by various central banks by following loose monetary policy. We… Continue reading Mixed signals on growth-inflation dynamics

Synopsis: The current energy value chain works in silos. What India needs is an integrated point of reference. Introduction The recent coal shortage shows flaws in the entire energy production chain. There is no one public body at the government level with executive oversight, responsibility and accountability for the entirety of the  energy value chain.… Continue reading Why India needs a Ministry of Energy

Synopsis: There are multiple challenges in achieving a global consensus on climate goals. What are the solutions for India. Introduction Achieving climate goals require clean technology. However, India, a major economy that hopes to grow fast cannot simply just wait for tech transfers from the West. What are the challenges in achieving climate goals? World:… Continue reading A Climate Power

Synopsis: With worsening trajectory of climate change parameters across the world, an increased incidence of zoonotic diseases is also being witnessed. What are the key drivers of increased incidence of zoonotic viruses? Viruses account for almost 50% of new and emerging diseases. Since mid-20th century about 75% of all emerging viruses are zoonotic, they spill… Continue reading COP26, Covid & our species

Synopsis: Instead of constituting a committee to inquire into the allegations made in the Pegasus case, SC could have made use of other prerogative powers available to it. Introduction On October 27, the Supreme Court of India appointed an independent committee to inquire into the Pegasus case. But the court’s order still falls short of… Continue reading The Court’s order on Pegasus still falls short

Synopsis: The fight against COVID and climate change has suffered from misinformation. Both require strong measures and popular support. Introduction COVID-19 has affected the entire planet and many lives, global economies and hit the poorest disproportionately hard. Like the pandemic, limiting climate change will test governments’ ability to adapt and cooperate across borders. How COVID… Continue reading Our pandemic failures should inform climate-response talks

Synopsis: Central planning in decarbonization will impose excessive costs upon society. Introduction Fossil fuels are so deeply intermixed into the fabric of the modern economy that decarbonization has far-reaching impacts all across society. In this context, a large-scale change in the mechanisms of production and consumption of energy is required. This makes Governments an essential… Continue reading How to decarbonize: On decarbonization

Synopsis: RBI should focus more on inflation management. Introduction The Union government has given a three-year extension to Reserve Bank of India (RBI) Governor Shaktikanta Das. It shows that the relationship between the central bank and the Union government has improved markedly over the past three years. Better coordination between the RBI and the government… Continue reading Vote for continuity

Synopsis: The US plan to impose a tax on the super-rich, will not work in India. Introduction US President Joe Biden has promised to finance the social-spending plan by taxing only the super-rich. About the wealth inequality Globally, wealth inequality is getting sharper. Easy-money policies and asset inflation have sharpened the divergence. For example, the… Continue reading Biden’s billionaire levies must not cue bad ideas