Consequences of subsidies

GS Paper 3 Syllabus: Indian Economy and related issues/ Issues related to Direct and Indirect Farm Subsidies   Source: DTE  Context: A new World Bank report highlights the negative consequences of inefficiently subsidising agriculture, fishing and fossil fuel sectors.   Highlights of the report: Subsidies in the 3 areas (generally considered to bail out economies …

The Hiroshima AI process

GS Paper 3  Syllabus: Awareness in the fields of IT, Space, Computers, Robotics, Nano-technology, Bio-technology and issues relating to Intellectual Property Rights   Source: TH Context: The 2023 annual G7 Summit, hosted by Japan (Hiroshima), initiated the Hiroshima AI Process (HAP) – an effort to determine a way forward to regulate artificial intelligence (AI).   …

CACP Report on Price Policy for Kharif Crop 2023-24

GS Paper 3  Syllabus: Issues related to Minimum Support Prices   Source: IE  Context: India’s Union government announced the minimum support prices (MSPs) for 17 crops in this year’s Kharif season and CACP (Commission for Agriculture Cost and Prices) released Report on Price Policy for Kharif Crop 2023-24   Key Policy Recommendations: Promote Production and …

A just energy transition for a low-carbon future

GS Paper 3  Syllabus: Infrastructure (Energy)/Conservation, Environmental Pollution and Degradation   Source: TH  Context: Given the significant impact that cities have on the environment, low-carbon cities are crucial to mitigate the effects of climate change.   How are cities impacting climate? In 2020, cities across the world dumped 29 trillion tonnes of CO2 into the …

Low-cost finance for the energy transition report

GS Paper 3 Syllabus: Infrastructure (Energy), Environment, Indigenisation of Technology and Developing New Technology   Source: IRENA   Context: The IRENA released the ‘Low-cost finance for the energy transition’ report.   The International Renewable Energy Agency (IRENA): It is an intergovernmental organization (an official UN observer, founded in 2009, HQ – Masdar City, Abu Dhabi) …

Groundwater conservation in India

GS Paper 3  Syllabus: Conservation, environmental pollution and degradation   Source: TH   Context: Since groundwater consumption and the variability of monsoon rainfall are the two main factors influencing groundwater storage, climate change might pose new challenges for groundwater sustainability in India.   Groundwater: Groundwater is the water that seeps through rocks and soil and …

Importance of Biodiversity

GS Paper 3  Syllabus: Conservation, Environmental Pollution and Degradation   Source: TH  Context: Despite the importance of biodiversity that ultimately sustains all human endeavours, not enough has been done for caring and nurturing life on earth. Biodiversity/Biological diversity: Meaning: The rich variety of life forms and their interconnections with each other and the environment is …

Semiconductor manufacturing in India

GS Paper 3  Syllabus: Changes in Industrial Policy and Their Effects on Industrial Growth   Source: IE  Context: India’s ambition of manufacturing semiconductor chips appears to be taking longer to materialize.   Why? Three entities (Vedanta-Foxconn, international consortium ISMC and Singapore-based IGSS Ventures) that had applied to build the chips are facing hurdles in setting …

Indian toy industry

GS Paper 3  Syllabus: Effects of Liberalisation on the Economy, Changes in Industrial Policy and Their Effects on Industrial Growth   Source: TH  Context: India has recently turned a net exporter of toys (in 2020-21 and 2021-22), ending decades of import dominance.   An overview of the Indian toy industry:  In 2015-16, the industry had …

Key takeaways from the RBI Annual Report for 2022-23

GS Paper 3  Syllabus: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment   Source: HT  Context: The Reserve Bank of India (RBI) released its annual report for the year 2022-23, providing information on the RBI’s functioning through the fiscal year as well as the state of the economy   …

Insurgency in Manipur

 GS Paper 3  Syllabus: Linkages between Development and Spread of Extremism   Source: IE  Context: Amid fresh violence in Manipur, the Kuki National Organisation (KNO) has countered the claims of the Manipur CM that 40 insurgents had been killed by security forces.     How did violent clashes start? Violence erupted in the Kuki-dominated Churachandpur …

Food Fortification: Benefits and associated risks

GS Paper 3  Syllabus: Food Security; Technology Missions   Source: ET  Context: According to a UN report, India’s pilot studies on rice fortification showed a significant drop in the prevalence of anaemia among schoolchildren.   Food Fortification:  Meaning: It is defined as the practice of adding vitamins and minerals to commonly consumed foods during processing …

The Role of Small Modular Reactors in the Energy Transition

GS Paper 3  Syllabus: Indigenization of Technology & Developing New Technology   Source: NITI Aayog  Context: The NITI Aayog recently released a report on ‘The Role of Small Modular Reactors in the Energy Transition’.   Background: Apart from Renewable Energy (RE), nuclear is also being explored as a clean energy option to help the nations …

Decentralised renewable energy (DRE) technologies

GS Paper 3  Syllabus: Science and Technology- Developments and their Applications and Effects in Everyday Life   Source: DTE  Context: According to a new report, technologies that are powered by DRE could potentially impact 37 million livelihoods in India’s agriculture and textile sectors.   DRE: Energy that is generated close to where it will be …