Synopsis: Last month, the Union government set up the National Asset Reconstruction Company Limited (NARCL) under the Companies Act. Two experts, Ajit Ranade and C.P. Chandrasekhar, discuss the bad bank proposal. We list out the key points. Must Read: NARCL: Need and Challenges – Explained, pointwise What is the need to bail out banks? There… Continue reading Will a bad bank fix India’s broken banking system?
Tag: gs paper 3
The recent QES estimates are unreliable
Synopsis: New Quarterly Employment Survey, its key findings, various challenges associated with the survey and the way forward Contents1 Introduction 2 What are the key findings of the survey? 3 What are the various issues/concerns associated with the survey? 4 What is the way forward? Introduction Recently, the Ministry of Labour and Employment released the results of a new Quarterly… Continue reading The recent QES estimates are unreliable
Road accidents can be reduced
Synopsis: India road accident status highlights the importance of road safety in India. Contents1 Introduction2 What is the present status of road accidents in India?3 How government is ensuring adequate safety on the roads?3.1 Various initiatives of states4 What are the steps India needs to do to reduce accidents? Introduction Recently, the Ministry of Road Transport… Continue reading Road accidents can be reduced
World Is Entering A New Moon Age
Synopsis: About NASA’s Artemis programme, various consequences of India joining the programme and how India needs to tackle all this. Contents1 Introduction 2 Why there is attraction of Moon? 3 What is NASA’s Artemis programme? 4 What is India’s dilemma regarding Artemis? 5 What are the consequences of these three options and what should India do? Introduction On September 7, 2019, India’s Chandrayaan-2 Moon Lander crashed in a cloud of lunar… Continue reading World Is Entering A New Moon Age
WHO’s stark message on air quality — and what India must do
Synopsis: Air pollution is worsening in India. We need to raise our air quality standards in line with recently released WHO guidelines and ensure strict compliance while transitioning to a cleaner energy model. Contents1 Introduction 2 Why India should be concerned about air pollution? 3 What are the harmful effects of the air-pollution? 4 What is the way… Continue reading WHO’s stark message on air quality — and what India must do
Economic lessons for India from the Evergrande crisis in China
Synopsis: China’s Evergrande issue has highlighted the importance of its real estate sector. India can take a few lessons out of this crisis. Background Evergrande, the world’s most indebted real estate company in China, may collapse in the near future. It has worried the financial and economic world. Read more – China’s ‘Lehman moment’ However, the big issue… Continue reading Economic lessons for India from the Evergrande crisis in China
Crackdown in China, hope in India
Synopsis: China’s sweeping overhaul of its tech sector could benefit India in the near future. Contents1 Introduction2 What is the China motive behind that?3 How these Chinese restrictions will benefit India?4 What should India do? Introduction Last year China stopped Ant Group’s Initial Public Offering (IPO), which is Alibaba’s fintech arm. Recently, there is another… Continue reading Crackdown in China, hope in India
Tarballs on India’s west coast: A tale of shifting responsibilities
Synopsis: Tarballs, how they are formed, their impact on environment and judicial & legal provisions dealing with such issues. Contents1 Introduction2 What are tarballs and how are they formed?3 What are the challenges being posed by tarballs?4 Why tarballs are being seen on the western coast of India?5 How have authorities responded to the problem?6… Continue reading Tarballs on India’s west coast: A tale of shifting responsibilities
RBI microfinance proposals that are anti-poor
Synopsis: Proposals of RBI’s consultative document will reduce the availability of cheap loans to the rural poor. Background In June 2021, the Reserve Bank of India (RBI) published a “Consultative Document on Regulation of Microfinance”. The paper was to promote the financial inclusion of the poor and competition among lenders. However, if the recommendations of… Continue reading RBI microfinance proposals that are anti-poor
Taproots to help restore India’s fading green cover
Synopsis: Forest restoration activities and why they are important. Various challenges associated with forest restoration and solutions to deal with it. Contents1 Introduction 2 What is restoration? 3 What are the key challenges associated with the forest restoration? 4 What are the solutions for protection and development of forests? Introduction Forest covers nearly 30% land surface of the earth. They provide… Continue reading Taproots to help restore India’s fading green cover
