Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
4. India’s dependence on imports for critical minerals poses significant challenges for its economy. What are the geopolitical and economic risks associated with this dependence? Evaluate the steps taken by India to diversify its supply chain and promote domestic production of critical minerals. (250 words)
Difficulty level: Tough
Reference: Indian Express
Why the question:
The article discusses the challenges India faces in securing critical minerals for its economy. Critical minerals are essential raw materials for industries such as electronics, renewable energy, and defense.
Key Demand of the question:
To write about the ways to ensure resilient supply chains of critical minerals.
Directive word:
Evaluate – When you are asked to evaluate, you have to pass a sound judgement about the truth of the given statement in the question or the topic based on evidence. You must appraise the worth of the statement in question. There is scope for forming an opinion here.
Structure of the answer:
Introduction:
Start by giving context of critical minerals with examples.
Body:
Firstly, in detail, mention the various threats and impediments to supply of critical minerals and how any disruption in their supply will affect India.
Next, write about the risks posed by their shortage.
Next, write about the measures taken by the government to ensure their supply and their successes and limitations
Conclusion:
Conclude by writing a way forward to ensure their seamless supply and for India to get self-reliant in supply chain.
