Delivering Climate action: The road ahead for India after CoP 26

GS Paper 3: Topics covered: Environment   Context: The commitment of recent Glasgow Climate Pact to strengthen our commitment to combat climate change by restricting global temperature rise to 1.5 degrees Celsius over pre-industrial levels More on the news India and CoP-26: At CoP26, India pledged to become a ‘net zero’ carbon emitter by 2070, and …

Land, water resources are at breaking point: Report

GS Paper 3: Topics covered: Environment and Agriculture Context: As per the recently released, ‘The State of the world’s land and water resources for food and agriculture (released by FAO)’, water and land resources are being pushed to limits due to human actions. More on the news: Highlights of the report: Sources of fodder (grassland …

Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist

GS Paper 3: Topics Covered: Effects of liberalization on the economy   Context: International Monetary Fund (IMF) Chief Economist has made a strong case for regulating cryptocurrencies, saying it will always be a challenge to ban them as they operate from offshore exchanges; and feels it to be more attractive to adopt cryptocurrencies and assets in emerging …

Push for semiconductor manufacturing

GS Paper 3: Topic Covered: Science and Technology- developments and their applications and effects in everyday life. Achievements of Indians in science & technology; indigenization of technology and developing new technology.   Context: Government approved a ₹76,000 crore scheme to boost semiconductor and display manufacturing in the country, taking the total amount of incentives announced for the …

Reimbursement scheme for RuPay Debit Card, BHIM UPI transactions

GS Paper 3: Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.   Context: The Union Cabinet announced that it has approved a scheme to provide incentives of small amounts for transactions done through the RuPay Debit Card and BHIM UPI. This will incur an expense of around ₹1,300 crores. Details: The …

IMD has predicted a cold wave in Northwest India

GS Paper 1: Topics Covered: changes in critical geographical features (including water-bodies and ice-caps) and in flora and fauna and the effects of such changes Context: The India Meteorological Department (IMD) has predicted a cold wave in parts of Punjab, Haryana, Chandigarh, Gujarat, Rajasthan, and Uttar Pradesh over the next few days.   Conditions for …