Source: Indian Express Syllabus: GS- 3 Industries and industrial policies Synopsis: issues involved in Videocon resolution process Background Videocon was one of the first test cases to examine the prospects of insolvency jurisprudence in India and the first one, for group insolvency proceedings. On June 8, the NCLT approved a resolution plan submitted by Twinstar… Continue reading Cloud over Videocon resolution process points to larger weakness in IBC
Tag: gs paper 3
Small state, big brother
Source: Business Standard Contents1 Synopsis:2 Background:3 Reason behind such intense border conflicts:4 Suggestions: Synopsis: Assam-Mizoram violence is an outcome of the central government trying too hard to ‘integrate’ distinct northeastern states, which has unleashed latent regionalism. Background: Recent border clashes on the Assam-Mizoram Border and Assam-Meghalaya border point to the failure of central and state… Continue reading Small state, big brother
It’s been 40 years! Update India’s flood map NOW
Source: Down To Earth Relevance: New flood-prone area map is essential for India’s Disaster Management. Synopsis: To mitigate frequent floods, India needs a New flood-prone area map. About the news: Recent occurrences of heavy rainfall leading to flooding across India have shown that flood-prone areas in the country go beyond those mentioned in the central… Continue reading It’s been 40 years! Update India’s flood map NOW
The Pegasus nightmare
Source: The Hindu, Indian Express, Livemint Relevance: Understanding the potential negative impact of cyberthreats and ways to counter them. Synopsis: Cyberthreats need to be countered with a deeper understanding of cyber technologies. Short term remedies won’t work. Contents1 Background2 Negative impact of the cybertechnology3 Why we need to act against Cyber threats?4 Suggestions Background Pegasus… Continue reading The Pegasus nightmare
Why flooding raises alarm over bearing of hydropower plants on the Himalayas
Source: Down to Earth Relevance: Article analyses impacts of large hydel-power projects in the Himalayas. Synopsis: The need of the hour is to put a halt to large hydel-power projects in the Himalayas. Can small hydropower plants offer a sustainable solution? Hydropower In India Hydropower is a renewable and non-polluting source of energy. In India,… Continue reading Why flooding raises alarm over bearing of hydropower plants on the Himalayas
Changes to deposit insurance
Source: Indian Express , Live Mint Relevance: Deposit Insurance Credit Guarantee Corporation (DICGC) bill will protect the interest of consumers. Synopsis: How the New Amendments to the Deposit Insurance Credit Guarantee Corporation (DICGC) Act will help depositors cause? Contents1 Background2 What is deposit insurance?3 How will the changes benefit account holders?4 Who pays for this insurance?… Continue reading Changes to deposit insurance
Integrated approach for EVs
Source: Business Standard Relevance: Electric Vehicles are the future of the automotive industry. A better policy for their promotion is required. Contents1 Synopsis:2 Background:3 Government initiatives for EVs:4 Other issues with EVs: Synopsis: A reduction in Customs duty wouldn’t solely boost the Electric Vehicles (EV) sector, the government needs to adopt an integrated approach towards… Continue reading Integrated approach for EVs
Depositors to get up to Rs 5 lakh within 90 days if bank under moratorium
Source: The Hindu and Business Standard Relevance: The DICGC Bill provide big relief to small depositors Contents1 Synopsis: 2 About the Deposit Insurance and Credit Guarantee Corporation (DICGC) Bill, 20213 What is DICGC and how it will function?4 What is Deposit Insurance Fund (DIF)?5 Significance of the changes:6 Challenges: Synopsis: The Union Cabinet has cleared the Deposit… Continue reading Depositors to get up to Rs 5 lakh within 90 days if bank under moratorium
Private partners could help RBI run a digital currency
Source: Livemint Relevance: Issues in the implementation of a retail CBDC Synopsis: A two-tiered model for retail issuance of CBDC should be implemented by India. Issues involved and the way forward. Contents1 Background2 What is a retail CBDC?3 Issues involved4 Global models5 Direct model6 Two-tiered model7 Direct model vs two-tiered model8 Global examples of two-tiered… Continue reading Private partners could help RBI run a digital currency
Govt must not micromanage
Source: Business Standard Relevance: The article highlights lacunas in present government policies for industrial development. Synopsis: The Centre should focus on a broad policy framework rather than micromanaging the industrial and developmental activities of States. Contents1 Background2 What is Micromanagement?3 The PLI reflects a micromanagement approach to policy4 Areas where government should involve itself:5 Union… Continue reading Govt must not micromanage
