Synopsis: NFTs provide the assurance of immutability and guarantee of uniqueness. However, most of the cutting-edge innovation in NFTs are taking place in the gaming space. Introduction When a person purchases the non-fungible tokens (NFT) of a work of digital art, he is not buying the artwork itself. He is just purchasing a record on… Continue reading The use of NFTs by cyber games can explain their utility
Tag: gs paper 3
Revitalising PM-KUSUM
Synopsis: There is a need to unlock the PM KUSUM scheme promises in many ways. Introduction The Union Minister of Power, New and Renewable Energy recently reviewed the progress of the PM-KUSUM scheme and reaffirmed the government’s commitment to accelerating solar pump adoption. About the PM – KUSUM Scheme Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-Kusum) scheme was… Continue reading Revitalising PM-KUSUM
High water: on growing challenge from tropical cyclones
Synopsis: Tropical cyclones laden with moisture and accumulated energy pose a growing challenge, as they have the propensity to inflict heavy damage to lives and property. The welcome concern for public health and economic security must lead to stronger institutional responses to natural disasters too. Why cyclonic storms over northern Indian Ocean have a severe… Continue reading High water: on growing challenge from tropical cyclones
Let us reframe our climate crisis as a relatable threat
Synopsis: The issues of poverty and climate are fast converging. Hence, it is time to rethink, restructure and reframe the way we are addressing the climate issue. Introduction The climate crisis is not only a ‘tree and forest’ problem. The environment is important, but hunger and housing are much more pressing for the poor in… Continue reading Let us reframe our climate crisis as a relatable threat
Net-zero is not enough
Synopsis: A coherent programme of mitigation, adaptation and resilience is what India and every country in the world needs. The global climate discussion must focus clearly on the allocation of available carbon space that will allow countries to work out such a strategy. Introduction The recent report issued by the Intergovernmental Panel on Climate Change… Continue reading Net-zero is not enough
Tariffs & strategy: China can be countered by getting global value chains to shift here. But we have high trade costs
Synopsis: China can be countered by getting global value chains to shift here. But we have high trade costs Introduction Recently, the first in-person leaders’ summit of the Quad grouping was held. It resulted in a promising outcome that fits economic integration with the overarching strategic motive. India is an immediate beneficiary of this thrust.… Continue reading Tariffs & strategy: China can be countered by getting global value chains to shift here. But we have high trade costs
Health, infra and fiscal stimulus will act as our economic panacea
Synopsis: Health, infra and fiscal stimulus are at the core of the government’s economic revival strategy as they hold significant potential to propel growth. Introduction The covid pandemic and subsequent restrictions, led to never-before economic turmoil of unprecedented proportions, sending most business plans and strategies into near chaos. Hence, the right public policies and a… Continue reading Health, infra and fiscal stimulus will act as our economic panacea
India should invest in ever more sophisticated cyber armaments
Synopsis: India’s offensive cyber capability appears to have increased but we should aim to achieve deterrence. Introduction The advent of the Cold War, nuclear weapons and proxy wars of the 20th century put an end to the custom of formal war declarations. In recent times, an incoming missile or fighter aircraft announces war. What is… Continue reading India should invest in ever more sophisticated cyber armaments
Flood management that cannot be watered down
Synopsis: Various issues regarding Indo-Nepal Flood management system and the way forward. Introduction Many of Bihar’s districts faces serious challenges with recurrent and massive flooding. This year also, they faced double problem of flooding and the novel coronavirus pandemic. Some of Nepal’s biggest river systems originate in the Himalayan glaciers which then flow into India through Bihar. During… Continue reading Flood management that cannot be watered down
The trouble with containing China
Synopsis: This article illustrates why it is difficult to contain China Introduction China is mounting a robust challenge with its “wolf-warrior” diplomacy and the vastly ambitious One Belt One Road initiative and String of Pearls. To counter aggressive rising China, the new alliance (AUKUS) between Australia, the UK and the US, is formed. However, according… Continue reading The trouble with containing China
