WHY INDIA NEEDS STABLE CAPITAL FLOWS: Context: According to the RBI’s quarterly figures, the current account deficit (CAD) increased from 2.2% of GDP in the first quarter of 2022–23 to 4.4% in the second. The extraordinary surplus, in comparison, for 2020–21 was 0.9% of GDP. […]
UNPACKING THE NEW SET OF E-WASTE RULES: Context: ∙In an era of increasing urbanisation, digitalization, and population growth, the problem of treating e waste is a complex and continuous concern. 2012 saw the implementation of the initial set of e-waste legislation, which had been announced in 2011. Extended Producer Responsibility (EPR): ∙One of the most important aspects of the Regulations was the implementation of EPR (2011). The“producers” are in charge of ensuring proper electronic and electric device disposal after customer usage in accordance with EPR compliance. ∙The comprehensive e-waste guidelines from 2016 included clauses for “product stewardship” and “authorization,” which were changed in 2018. These restrictions also incorporated other stakeholder groups, such as “Producer Responsibility Organizations” (PRO). Rules for the Handling of E-Waste (2022): ∙Moreover, the Ministry of Environment and Forests (MoEFCC) declared new e-waste legislation that will take effect on April 1, 2023 in November 2022. Several important difficulties are addressed by these constraints, but not all of them. An EPR framework is included in the statutes’ first major […]
Adopt a Heritage Scheme: #GS II #Government Policies and Interventions Topic Government Policies and Interventions: Context: It is conceivable for private firms, organisations, and governmental institutions to come to agreements about the adoption and care of state owned archaeological sites or monuments. Companies that enter into these contracts are referred to be Monument Mitras. […]
Coin Vending Machines: #GS III #Indian Economy Topic Indian Economy: Context: ∙In a recent speech to the Monetary Policy Committee (MPC), RBI Governor Shaktikanta Das said that the bank’s top regulator will begin a pilot project with banks to evaluate the effectiveness of a coin-dispensing machine based on QR codes. ∙Simply described, the vending machines would instead issue coins with the necessary amount being debited from the customer’s account via United Payments Interface rather […]
Details of the Heatwaves: #GS I #Geography related issues Topic Geography related issues: ∙Context: ∙According to the department’s accompanying forecast map, the majority of India is anticipated to experience heatwaves from March to May, with the exception of the northeastern States, Jammu & Kashmir, Uttarakhand, Himachal Pradesh, Kerala, and coastal Karnataka. A heat wave is what? ∙According to the International Meteorological Department (IMD), a heatwave […]
About the IMD: #GS II #Statutory and Non-Statutory Bodies Topic Statutory and Non-Statutory Bodies: ∙Context: ∙The majority of northeast, eastern, central, and portions of northwest India will have “above normal” temperatures on Tuesday, according to the India Meteorological Department (IMD). ∙About: ∙In 1875, the India Meteorological Department (IMD) was founded. It is a part of the Indian government’s Ministry of Earth Sciences. ∙It is the main organisation in charge of seismology, weather forecasting, and meteorological observations. ∙The World Meteorological Organization’s six geographically oriented meteorological centres include IMD. ∙The cyclones in the northern Indian Ocean are named by the Regional Specialized Meteorological Centre (RSMC) of Tropical Cyclones in New Delhi. ∙IMD’s main office is in New Delhi. ∙Objective: ∙In order for weather-sensitive businesses like agriculture, irrigation, shipping, aviation, […]
