Green-unready: On funding high-impact climate solutions

Synopsis: Fighting climate crisis needs high impact solutions led by entrepreneurs and start-ups. Hence, funding assumes critical importance. Introduction Addressing climate change requires a focus on reducing emissions and increasing carbon sinks. To reduce emissions, innovative solutions that are climate-ready and can be adopted at scale are the need of the hour. Entrepreneurship can accelerate… Continue reading Green-unready: On funding high-impact climate solutions

No offshore wind project has commenced in India: Are we on track for 30 GW by 2030?

Synopsis: To harness the capacity of India’s offshore wind potential, we need to identify the areas where we can develop offshore wind project and accelerate the project. Introduction India has planned to provide 24×7 electricity to every home. As per the forecast of International Energy Agency, the country’s energy demand will increase by 6-7% annually… Continue reading No offshore wind project has commenced in India: Are we on track for 30 GW by 2030?

If inflation remains elevated, Monetary Policy Committee could lose credibility. This must be avoided

What is the news? RBI Governor has expressed optimism over the state of the economy. Speaking at an event organized by The Indian Express and the Financial Times, he noted that the economy will witness a sequential improvement in the second quarter of this year. What does the recent GDP data indicate? Recently released GDP… Continue reading If inflation remains elevated, Monetary Policy Committee could lose credibility. This must be avoided

New rules to reform financial powers of armed forces

What is the news? In order to address operational needs of the armed forces, Defence Minister has released order on Delegation of Financial Powers to Defence Services (DFPDS), 2021. The last DFPDS was released in 2016. Under this order, new rules have been released to enhance the delegation of revenue procurement powers for the Army,… Continue reading New rules to reform financial powers of armed forces

The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation

What is the news? Recently, Cabinet gave approval of a Production Linked Incentive (PLI) scheme for the textile sector that is expressly targeted at the man-made fibre (MMF) and technical textiles segments. In the global level, there was a shift in the consumer preferences and fashion trends which saw MMF surpass cotton as the fibre… Continue reading The success of the PLI is likely to hinge on how entrepreneurs weigh the risk-reward equation

Climate crisis in North East India: What is behind water scarcity in the region

Synopsis: Changing rainfall pattern including incidents of high and variable rainfall in NE states is causing problems like floods, land degradation and acidification. Introduction The climate of North East India is changing, which includes changing rainfall patterns over the region, resulting in overall drying up of the region. A major reason behind it is the… Continue reading Climate crisis in North East India: What is behind water scarcity in the region