Tag: Live mint

Context: The abrupt ban on palm oil exports by Indonesia, its biggest exporter, is expected to impact household economics globally. Palm oil is among the world’s most-used cooking oils, and India’s dependence on Indonesia is expected to deal a supply-side shock. Must Read: Explained: Indonesia’s palm oil crisis, and its implications for India How will… Continue reading How Indonesia’s ban on palm oil exports will hurt us

News: Recently, the Enforcement Directorate (ED) froze assets of Amway India worth ₹758 crore. The federal agency issued a statement, alleging that the company was perpetrating a “scam” by running a pyramid “fraud” in the guise of direct-selling MLM network. The new members, it said, are not buying the products to use those, but to… Continue reading Amway a Ponzi scheme? ’Buyer beware’ won’t do

News: Recently, food Inflation has become a global phenomenon, with several countries going through spells of high inflation. Those afflicted include major developed countries such as US, UK and parts of Europe, and the developing countries such as India, Brazil, and Mexico.  Contents1 What is the situation wrt inflation? 2 What is the likely impact of… Continue reading Persistent inflation likely to threaten Indian Food Security 

News: In the light of Russia’s invasion of Ukraine, the West is trying to shape a global consensus in favour its democratic governance model. This is leading to widening the divide between authoritarian and democratic regimes.   What have been the arguments against the democratic governance model?  In last few years, the Chinese and Russian… Continue reading Its time to celebrate democratic governance in a war-ridden world 

News: Recently, there has been a decline in the severity of covid pandemic. As a result, the schools have been re-opened after a gap of almost two years. In this context, the Annual Status of Education Report (ASER) was released.   Contents1 What are some recent trends?2 What are the challenges after unlocking schools? 3 What are… Continue reading We must revamp schools as they open after the pandemic break 

Context: In 2015, the Govt set a target of 100 GW (gigawatt) of solar energy capacity by 2022. Of the 100 GW, 60 GW was to come from utility-scale solar plants, which stood at 41.7 GW, or 70% of the target, by 2021. The rest was to come from solar rooftop, which has managed only… Continue reading The rooftop eclipse on India’s solar ambitions

Context: One side effect of Russia attacking Ukraine has been a rise in global wheat prices. Wheat importers are struggling. Contents1 Significance of wheat2 Is there a shortage of wheat in India?3 So, why have the wheat prices gone up?4 What is the way forward? Significance of wheat The consumer price index (CPI), which measures… Continue reading Why wheat prices have shot up despite India’s huge reserves

News: Recently, the Union Minister of Cooperation inaugurated a two-day national conference on India’s Cooperation Policy. In the programme, a call was made to usher-in a ‘movement for cooperation’.   What is the concept of Cooperation?   The draft National Policy on Cooperatives puts it this way – – Cooperation is an approach. It is a preferred… Continue reading India’s policy on cooperation is key to creating livelihood for all