News: Recently, the 14th BRICS Summit concluded on June 24. It was hosted by China and was held virtually. It revealed much about the grouping of five emerging nations. Contents1 Achievements2 What are the roadblocks in front of the BRICS?3 The Beijing Declaration4 The Way Forward Achievements The first summit was conducted in Yekaterinburg in… Continue reading Brick by brick
Tag: the hindu
India’s GSAT-24 satellite launched, entire capacity leased Tata Play
What is the News? India’s GSAT-24 satellite was successfully placed into the geostationary orbit by French company Ariane space on its Ariane 5 space launch vehicle from Kourou in French Guiana in South America. What is GSAT 24? GSAT-24 is a 24-Ku band communication satellite. Purpose: The satellite will provide high-quality television, telecommunications, and broadcasting… Continue reading India’s GSAT-24 satellite launched, entire capacity leased Tata Play
India promises Sri Lanka ‘fullest support’
Contents1 What is the News?2 How serious is the Sri Lankan economic crisis?3 How is India providing assistance to Sri Lanka?4 India-Sri Lanka Cooperation What is the News? India has assured Sri Lanka of its “fullest support” to help the island nation tide over its unprecedented economic crisis. How serious is the Sri Lankan economic… Continue reading India promises Sri Lanka ‘fullest support’
Open network for digital commerce
News: The government of India announced the launch of the pilot phase of open network for digital commerce (ONDC) in five cities in late April. The aim was to “democratise” the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. Contents1 What is ONDC?2 What… Continue reading Open network for digital commerce
The problems plaguing thermal power generators
News: On June 10, India’s power demand touched a record high of 211 MW even as the coal shortage continued with coal stocks available only for eight days. Consequently, the Ministry of Power directed the power-generating companies or ‘gencos’ to use imported coal for 10% of their requirement, failing which their domestic supplies would be… Continue reading The problems plaguing thermal power generators
Will Agnipath energise or demoralise the military?
News: Recently, the government announced the Agnipath scheme, which fundamentally transforms the process of recruitment of armed forces. Must read: Cabinet clears Agnipath Scheme What are the advantages of Agnipath scheme? Younger military: According to the government, the scheme will bring down the average age from 32 to 26. Introduce new kinds of modern equipment to… Continue reading Will Agnipath energise or demoralise the military?
Towards a single low tax regime
News: The Goods and Service Tax (GST) regime which reduced big barriers to free trade and economic growth in India is back in the news due to various reasons, including demand for low-tax regime. Why should India move towards a low tax regime? The late Finance Minister of India, Arun Jaitley had announced that the… Continue reading Towards a single low tax regime
The role of caste in economic transformation
News: Recently, India witnessed agitations against farm laws, agitation for reservation by agriculture castes, and is witnessing an ongoing protest against the Agnipath programme, at present. What are the reasons for such protest? They are all arguably an outcome simmering discontent due to jobless economic growth for at least two decades, coupled with rising poverty… Continue reading The role of caste in economic transformation
Crypto came tumbling after
News: Crypto market is witnessing a crash right now. But, Crypto assets like Bitcoin have been subject to wide fluctuations in their prices since their inception. The current downturn is not the first of its kind. As crypto assets are digital assets, the rate of return is sensitive to changes in the global liquidity condition.… Continue reading Crypto came tumbling after
Heal the nation before healing the rest of the world
News: News: The Centre is developing an exhaustive online repository of all categories of health-care professionals in the country, under the Ayushman Bharat Digital Mission and the “Heal by India” initiative Contents1 About the move2 What are the reasons for such a move?3 Other important measures taken by the government4 Way Forward About the move… Continue reading Heal the nation before healing the rest of the world
