Building sites could be fined, shut under new dust rules

Source: Times of India  Relevance: Delhi is one of the most polluted cities in India. Controlling pollution in Delhi will result in less pollution in surrounding regions as well. Synopsis: All new large construction sites in Delhi may soon have to install at least three real-time air quality monitoring stations and adhere to strict dust… Continue reading Building sites could be fined, shut under new dust rules

Three strategic ways to grant supply chains resilience

Source: Livemint Relevance: Building supply chain resilience Synopsis: Companies need to ensure resilience of their input supply chains to protect themselves from any turbulence during global shocks like COVID and natural calamities hitting the clusters of input suppliers. Background Automobile and electronics makers worldwide have had to reduce output because a severe drought in Taiwan… Continue reading Three strategic ways to grant supply chains resilience

What India’s labour force survey actually says about employment

Sources: Livemint, The Indian Express and The Hindu Relevance: This article explains the recent PLFS survey and associated issues Synopsis: The Periodic Labour Force Survey (PLFS) has indirectly revealed deeply entrenched problems related to the quality of jobs being generated in the country Introduction The third annual round of the Periodic Labour Force Survey (PLFS) data… Continue reading What India’s labour force survey actually says about employment

Banks withdraw funds from coal-fuelled projects in Asia

Source: Livemint Synopsis: Banks are cutting off funding for new coal-fuelled power plants in poorer Asian countries to hasten the shift toward cleaner energy sources. Recent push for green financing: Most key financiers, in Japan and South Korea as well as in China, have signaled disinterest towards overseas coal projects. For instance, China’s environment and… Continue reading Banks withdraw funds from coal-fuelled projects in Asia

Climate crisis: Way forward for dairy giants in India

Source: Down To Earth Synopsis: Activists and experts are advocating plant-based alternatives to dairy food. Significance of Dairy sector: Harvesting animals for dairy and animal-based products in India is a major source of livelihood for 150 million dairy farmers. The products are a source of nutrition and food security for a significant population as well.… Continue reading Climate crisis: Way forward for dairy giants in India

Climate emergency: Tipping points are already here, scientists warn

Source: Down to earth Synopsis: The tipping points of a Climate Emergency are already visible on Earth. The countries should acknowledge them and take urgent action towards decarbonization of the global economy and restoration of nature. Background: In 2019, more than 11,000 scientist signatories talked about the need for declaring a climate emergency. They emphasized… Continue reading Climate emergency: Tipping points are already here, scientists warn

Catching up on chip

Source: Business Standard Synopsis:  India needs to secure semiconductor chips to lead the race in the emerging ICT technologies Background The global semiconductor industry has become the arena for the most bitter technology battle between the US and China. Taiwanese semiconductor players are caught squarely in the middle. As per few observers, China’s recent aggression… Continue reading Catching up on chip

MSME liquidity line set to widen as more NBFCs start ‘factoring’

Source: Indian Express Synopsis: Factoring law amendments have been cleared in both Houses of Parliament in the current session. This will enable nearly 9,000 NBFCs to participate in the factoring market instead of just seven now. Background Read here: https://blog.forumias.com/how-the-factoring-business-can-help-small-companies/ Benefits to small businesses: new Points It will significantly boost funding availability for MSMEs, lower… Continue reading MSME liquidity line set to widen as more NBFCs start ‘factoring’

Our bankruptcy code deserves credit for what it has achieved

Source: Live Mint Synopsis: An examination of the IBC’s record on resolving cases of business insolvency reveals greater success than critics acknowledge Background Analysis of IBC’s performance: Added points A good insolvency system cannot be judged by the number of companies being liquidated. Because the purpose of insolvency law is to swiftly liquidate firms that… Continue reading Our bankruptcy code deserves credit for what it has achieved

A cycle of low growth, higher inflation

Source: The Hindu Synopsis: Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery Background Some economists are of the opinion that the Government should not intervene with the economy and that it will revive by itself. These economists’ reason that, like after the Great Depression, the… Continue reading A cycle of low growth, higher inflation