Source: Indian Express Relevance: Issues pertaining with reorganisation of operational assets of the three services into four theatre commands. Synopsis: Forming a separate air defence command for the air defence of the entire nation seems an impractical idea considering our resource limitations. Background The government is reportedly planning to re-organise the military into a theatre… Continue reading Theatre Commander under Chief of Defence Staff is not a good idea
Tag: gs paper 3
What is prepackaged insolvency resolution & how does process work?
Source: Business Standard Synopsis: This article analyses the prepackaged insolvency resolution. Read about – Pre-pack insolvency mechanism What is the prepackaged insolvency resolution? Prepackaged resolution is a fast-track process that identifies a resolution plan before the process is admitted by the National Company Law Tribunal. It is an arrangement where the promoter of the stressed… Continue reading What is prepackaged insolvency resolution & how does process work?
Beyond corporate deleveraging
Source: Business Standard Synopsis: Without higher exports, India would not be able to attain higher sustainable growth in the coming years. Deleveraging process in India Indian companies are reducing debt on their books and increasing their cash balance. Firms are selling assets and avoiding investment at this stage, to be in a more stable position. The… Continue reading Beyond corporate deleveraging
A framework for microfinance regulation that would suit India
Source: Live Mint Synopsis: The proposed framework for microfinance regulation by RBI is a great leap forward and reflects bold thinking. Yet, expanding it to cover other elements can usher in responsible retail lending that includes but transcends microfinance. Background The Malegam Committee Report of 2011 helped establish micro- finance as a legitimate asset class,… Continue reading A framework for microfinance regulation that would suit India
Introducing Gross Environment Product in Uttarakhand: A jargon or reality?
Source: Down to Earth Synopsis: The Uttarakhand government may introduce a well-defined concept of ecosystem services Gross Environment Product’ (GEP) its objectives. Background Degradation of ecosystems had led to adverse impacts on more than 60 per cent of services we get from the ecosystems. The idea of valuation of the components of environment got impetus following… Continue reading Introducing Gross Environment Product in Uttarakhand: A jargon or reality?
Wounded mountains
Source: The Hindu Synopsis: Tourist tragedy in Himachal Pradesh points to the importance of preserving ecology Background The tragic death of nine tourists in a landslip in Kinnaur district of Himachal Pradesh is another example highlighting the fragility of the ecology of the Himalayan States. Encouraging an incompatible model of development in the hills, represented… Continue reading Wounded mountains
Moon-forming region seen around exoplanet for the first time
Source: The Hindu Synopsis: Scientists for the first time have spotted a Moon-forming region around a planet beyond our solar system. The research offers a deeper understanding of the formation of planets and moons. Background: A study published in the Astrophysical Journal Letters has for the first time spotted a Moon-forming region around a planet… Continue reading Moon-forming region seen around exoplanet for the first time
Periodic Labour Force Survey and Unemployment in India- Explained, pointwise
Introduction The unemployment rate in India is always a reason to worry. Just before the Covid crisis at the end of the 2019-20 financial year, India had around 403.5 million employed people. But, during the second wave alone, India lost around 23 million jobs across formal and informal sectors as states and Union territories imposed… Continue reading Periodic Labour Force Survey and Unemployment in India- Explained, pointwise
Cloning overcomes prejudices
Source: Business Standard Relevance: Use of technology for the betterment of agriculture Synopsis: The development and popularisation of cloning technology can be a boon for the Indian livestock sector, which relies heavily on buffalo milk. Background: Dolly (a sheep) was the first cloned mammal created at the Roslin Institute in Scotland on July 5, 1996.… Continue reading Cloning overcomes prejudices
Food security in India and its challenges- Explained, pointwise
Introduction With a reduction in COVID-19 infections as the second wave weakens in India, it is important to focus on the pandemic’s disruptive impact on the food security and livelihoods of the poor and marginalized. There was a ‘dramatic worsening’ of world hunger in 2020, much of it likely related to the fallout of COVID-19.… Continue reading Food security in India and its challenges- Explained, pointwise
