Source: This post on middle income trap is based on the article “There is no easy escape from the middle-income trap” published in “Live mint” on 26th October 2023. UPSC Syllabus Topic: GS3 – Indian Economy News: The article discusses the challenges of countries trying to move from middle-income to developed status. The World Bank’s… Continue reading There is no easy escape from the middle-income trap
Tag: Livemint
On FRBM Act – Either repeal or revise the country’s fiscal law
Source: The post is based on the article “Either repeal or revise the country’s fiscal law” published in “Live mint” on 25th October 2023. UPSC Syllabus: GS3: Economy- Fiscal policy News: The article discusses India’s fiscal position and its deviation from the Fiscal Responsibility and Budget Management (FRBM) Act’s 3% deficit cap. Despite exceeding this… Continue reading On FRBM Act – Either repeal or revise the country’s fiscal law
Anti-money laundering: Sebi releases fresh set of guidelines
Source: The post is based on the article “Anti-money laundering: Sebi releases fresh set of guidelines” published in “Livemint” on 17th October 2023 What is the News? The Securities Exchange Board of India (SEBI) has released a set of amendments to strengthen anti-money laundering(AML) standards and combat finance terrorism(CFT). These guidelines are based on rules… Continue reading Anti-money laundering: Sebi releases fresh set of guidelines
The materiality and morality of Net Zero should go hand in hand
Source: This post has been created based on the article “The materiality and morality of Net Zero should go hand in hand” published in LiveMint on 17th October 2023. UPSC Syllabus Topic: GS Paper 3 Indian Economy — Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. GS Paper 3… Continue reading The materiality and morality of Net Zero should go hand in hand
Our vroom addiction is making even EVs noisy
Source: The post is based on the article “Our vroom addiction is making even EVs noisy” published in Live Mint on 13th October 2023. Syllabus: GS 3 – Environment – Noise Pollution Relevance: concerns with artificial sounds in electric vehicles (EVs) News: The internal combustion engine (ICE) is being phased out due to its environmental impact,… Continue reading Our vroom addiction is making even EVs noisy
State elections and the troubling return of the old pension scheme
Source: The post is based on the article “State elections and the troubling return of the old pension scheme” published in the Livemint on 2nd November 2022. Syllabus: GS 2- Governance Relevance: About reviving old pension scheme (OPS). News: The poll promises in ongoing state elections are always debatable. The Himachal Pradesh election witnessed a promise of revival… Continue reading State elections and the troubling return of the old pension scheme
It’s time for a paradigm shift in how we treat illnesses
News: Antibiotics have become our preferred method of treatment nowadays. This has made treatments more standardised with no customised treatment for individuals irrespective of their genetic diversity. But, the indiscriminate use of antibiotics has resulted in the emergence of antibiotic resistance, a worldwide health concern. Hence, we need to push for a better alternative medicine… Continue reading It’s time for a paradigm shift in how we treat illnesses
