All governments are crony capitalists

GS Paper 4   Source: BS  Context: The recent Hindenburg report on the Adani group and instances of business-political nexus have highlighted the term ‘crony capitalists’    What is Crony capitalism?  A political-economic system in which success in business depends on close relationships between business people and government officials, rather than on merit and competition   Examples …

Poor of a country emits less, lose more: New paper calls for progressive taxes for ‘polluting elites’

GS Paper 3 Syllabus: Environment, Conservation   Source: DTE  Context: According to the Climate Inequality Report 2023, low and middle-income countries are disproportionately impacted by climate change even though they emit less GHGs than their richer counterparts.   Findings of the report: 48% of emissions are from the top 10% of emitters, having 76% capacity …

Rise of AMR could result in up to 10 million annual deaths by 2050: UN report

GS Paper 3 Syllabus: Biotechnology-related issues.   Source: DTE, UNEP  Context: UNEP released a new report – Bracing for Superbugs: Strengthening environmental action in the One Health response to antimicrobial resistance. It provides evidence that the environment plays a key role in the development, transmission, and spread of Anti-Microbial Resistance (AMR).     About AMR: Antimicrobials are agents …

Himalayan plunder: 3 million Indians live in areas that can be swept by glacial lake floods, says study

GS Paper 1 Syllabus: Disaster Management/Geography   Source: DTE  Context: The article highlights GLOF, associated risks and risk mitigation.   What is a GLOF? A GLOF is a sudden release of water from a lake fed by glacier melt Threatens people’s lives, livelihoods and regional infrastructure. In the Hindu Kush Himalaya (HKH), GLOF events can …