India-Nepal Flood Management Needs Course Correction

Source: The Hindu Relevance: Importance of Indo-Nepal cooperation towards solving the flood problems in Bihar Synopsis: Despite both structural and nonstructural efforts to improve disaster management during the past, people continue to suffer with perennial flooding in North Bihar, which is already facing humanitarian crisis following Coronavirus pandemic. The solution lies in India and Nepal… Continue reading India-Nepal Flood Management Needs Course Correction

Fiscal action by the Centre must take over from monetary policy

Source: Livemint Relevance: Importance of fiscal policy measures to promote economic growth Synopsis: Monetary policy has done its part, both through rate cuts and other forms of support, to get our economy going. Now, it’s the turn of India’s fiscal authority to step up efforts to promote growth. What is fiscal policy? Fiscal policy is the… Continue reading Fiscal action by the Centre must take over from monetary policy

Rewiring Indian Inc

Source: Indian Express Relevance: Changed dynamics in Indian economy after 1991 reforms Synopsis: 1991 reforms was a transformational step for the Indian economy, causing a tremendous shift in the way business was carried out in India. An analysis of the changes brought by the reforms and its impact. Changes brought by 1991 reform Centrality of… Continue reading Rewiring Indian Inc

Mediterranean a wildfire hotspot now : EU scientists

Source: Reuters Relevance: Impacts of human-induced climate change Synopsis: Climate change is causing intense heatwaves across the world and contributing to rising cases of wildfires, too. Background The Mediterranean has become a wildfire hotspot, with Turkey hit by its most intense blazes on record and a heatwave producing a high risk of further fires and… Continue reading Mediterranean a wildfire hotspot now : EU scientists

Australia keen that India joins Exercise Talisman Sabre

Source: The Hindu What Is The News ? Australia is keen that India join its biggest war games ‘Exercise Talisman Sabre’ in 2023. And a formal invite could be extended during Australian Defence Minister’s visit to India, in next couple of months. About Exercise Talisman Sabre According to the Australian Defence Ministry, Talisman Sabre 2021… Continue reading Australia keen that India joins Exercise Talisman Sabre

Government signs US$ 250 Million Loan Agreement for Second phase of Dam Rehabilitation & Improvement Project (DRIP)

SOURCE : PIB What Is The News? In order to enhance water security in the country and support sustainable development, the Government of India today signed a $250 million loan agreement with World Bank for the Second Phase of Dam Rehabilitation and Improvement Project (DRIP Phase II) to make existing dams and communities safe and… Continue reading Government signs US$ 250 Million Loan Agreement for Second phase of Dam Rehabilitation & Improvement Project (DRIP)

Climate based protectionism: Green Public Procurement can incentivise public sector to eliminate polluting tech

Source: Down to Earth Relevance: Tackling Climate Change Through Innovative Methodologies Synopsis: In June 2021, the European Parliament signed the first dedicated Climate Law. There are some problematic or protectionist provisions in the law, but it is still considered as a step in the right direction to tackle the issue of climate change. Till now… Continue reading Climate based protectionism: Green Public Procurement can incentivise public sector to eliminate polluting tech

Arbitration Awards and The Public Interest

Source: Business standard Relevance: Way forward for India in the Cairns Energy case Synopsis: Recently, a court in Paris allowed Cairn Energy to freeze assets of Government of India in Paris in a tax dispute. Similar developments are possible in the US from actions by Cairn and Devas Multimedia. Thus, an objective, analytical approach to pursuing… Continue reading Arbitration Awards and The Public Interest