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  • What Rs 80 to a dollar means

    The Indian rupee breached the psychologically significant exchange rate level of 80 to a US dollar in early trade.

    Free fall of Indian Rupee

    • Since the war in Ukraine began, and crude oil prices started going up, the rupee has steadily lost value against the dollar.
    • There are growing concerns about how a weaker rupee affects the broader economy.
    • Certainly it presents challenges to policymakers, especially since India is already grappling with high inflation and weak growth.

    What is the rupee exchange rate?

    • The rupee’s exchange rate vis-à-vis the dollar is essentially the number of rupees one needs to buy $1.
    • This is an important metric to buy not just US goods but also other goods and services (say crude oil) trade in which happens in US dollars.

    Benefits of Rupees fall

    • Broadly speaking, when the rupee depreciates, importing goods and service becomes costlier.
    • But if one is trying to export goods and services to other countries, especially to the US, India’s products become more competitive.
    • Depreciation makes these products cheaper for foreign buyers.

    How bad is it for the rupee?

    • If the rupee depreciates at a rate faster than the long-term average, it goes above the dotted line, and vice versa.
    • In the last couple of years, the rupee has been more resilient than the long-term trend.
    • The current fall has brought about a correction.

    Rupee’s exchange rate against the dollar

    • Another thing to note is that, at least as of now, the rupee is still more resilient (against the dollar) than it was in some of the previous crises such as the Global Financial Crisis of 2008 and the Taper Tantrum of 2013.
    • Moreover, the US dollar is just one of the currencies Indians need to trade.
    • If one looks at a whole basket of currencies, then data suggests the rupee has become stronger (or appreciated against that basket).
    • In other words, while the US dollar has become stronger against all other major currencies including the rupee, the rupee, in turn, has become stronger than many other currencies such as the euro.

    Is it a cause of worry?

    • It is important to remember that it is more of a story of the dollar strengthening than the rupee weakening.
    • This suggests that as things stand, India is still not facing an external crisis.
    • Take for instance the issue of external debt.
    • Long-term data shows that India is in a relatively comfortable position.

    Can we be comfortable with this free-fall?

    • While India is fine as of now, trends suggest things are getting worse.
    • For instance, forex reserves have fallen by over $50 billion between September 2021 and now.
    • In these 10 months, the rupee’s exchange rate with the dollar has fallen 8.7%, from 73.6 to 80. For context, historically the rupee depreciates by about 3% to 3.5% in a year.
    • What’s worse, many experts expect the rupee to weaken further in the coming 3-4 months and fall to as low as 82 to a dollar.

    Why are the rupee-dollar exchange rate and forex reserves falling?

    • To understand movements on these variables, one must understand India’s Balance of Payment (BoP)
    • The BoP is essentially a ledger of all monetary transactions between Indians and foreigners. Here it is shown in US dollar terms.
    • If a transaction leads to dollars coming into India, it is shown with a positive sign; if a transaction means dollars leaving India, it is shown with a minus sign.

    How did BoP come to the picture?

    • The BoP has two broad subheads (also called “accounts”) — current and capital — to slot different types of transactions.
    • The current account is further divided into the trade account (for export and import of goods) and the invisibles account (for export and import of services).
    • So if an Indian buys an American car, dollars will flow out of BoP, and it will be accounted for in the trade account within the current account.
    • If an American invests in Indian stock markets, dollars will come into the BoP table and it will be accounted for under FPI within the capital account.
    • The important thing about the BoP is that it always “balances”.

    India’s vulnerability on the external debt front

    • In 2021-22, India had a trade deficit of $189.5 billion.
    • That is, the country imported more goods (such as crude oil) than it exported, and the net effect was negative.
    • At the end of the year, the BoP was at a surplus of $47.5 billion — that is, the net effect of all transactions on current and capital accounts was that $47.5 billion came into India.

    What may happen ahead?

    Now, two things can happen from here:

    (1) Huge BoP surplus would lead to the rupee appreciating

    • This will bring about a change in people’s buying and investing preferences.
    • For instance, India’s exports will become costlier and import cheaper. Over time, the trade deficit will alter (will reduce or turn into a surplus) to “balance” the BoP.

    (2) RBI swoops in and removes all the surplus dollars

    • RBI purchases dollars to increase its forex reserves.
    • In 2021-22, for instance, India’s forex reserves went up by $47.5 billion.
    • The RBI keeps monitoring the BoP every week and keeps intervening in such a manner which ensures that the rupee’s exchange rate does not fluctuate too much.

    What will be the effect on the economy?

    • Since a large proportion of India’s imports are dollar-denominated, these imports will get costlier.
    • A good example is the crude oil import bill.
    • Costlier imports, in turn, will widen the trade deficit as well as the current account deficit, which, in turn, will put pressure on the exchange rate.
    • On the exports front, however, it is less straightforward.
    • For one, in bilateral trade, the rupee has become stronger than many currencies.

    Should policymakers prevent the fall?

    • It is neither wise nor possible for the RBI to prevent the rupee from falling indefinitely.
    • Defending the rupee will simply result in India exhausting its forex reserves over time because global investors have much bigger financial clout.
    • Most analysts believe that the better strategy is to let the rupee depreciate and act as a natural shock absorber to the adverse terms of trade.

    What should policymakers do?

    • The RBI (which is in charge of monetary policy) should focus on containing inflation, as it is legally mandated to do.
    • The government (which is in charge of the fiscal policy) should contain its borrowings.
    • Higher borrowings (fiscal deficit) by the government eat up domestic savings and force the rest of the economic agents to borrow from abroad.
    • Policymakers (both in the government and the RBI) have to choose what their priority is: containing inflation or being hung up on exchange rate and forex levels.
    • If they choose to contain inflation (that is, by raising interest rates) then it will require sacrificing economic growth. So be prepared for that.

    Conclusion

    • We can conclude that the rupee’s exchange rate and forex reserves levels are two sides of the same coin.

    Back2Basics: Taper Tantrum

    • After the 2007-2009 global financial crisis and recession, the US Federal Reserve started a bond-buying program (known as quantitative easing) to infuse liquidity.
    • With these funds, the investors started investing in global bonds and stocks. 
    • In 2013, the US Federal Reserve decided to reduce (taper) its quantum of a bond-buying program which led to a sudden sell-off in global bonds and stocks. 
    • As a result, many emerging market economies, that received large capital inflows, suffered currency depreciation and outflows of capital.
    • This was called globally a ‘taper tantrum‘.

     

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  • Renouncement of Indian Citizenship

    Over 1.6 lakh Indians renounced their citizenship in 2021, highest in the past five years, according to information provided by the Ministry of Home Affairs (MHA).

    Destination US

    • Over 78,000 Indians acquired the US citizenship, the highest among all other countries.
    • India does not allow dual citizenship (Pakistan does allow).
    • As many as 362 Indians living in China also acquired Chinese citizenship.

    Citizenship in India

    • Citizenship is in the Union List under the Constitution and thus under the exclusive jurisdiction of Parliament.
    • The Constitution does not define the term ‘citizen’ but gives, in Articles 5 to 11, details of various categories of persons who are entitled to citizenship.
    • Unlike other provisions of the Constitution, which came into being on January 26, 1950, these articles were enforced on November 26, 1949 itself, when the Constitution was adopted.

    Various provisions for Indian Citizenship

    Article 5

    • It provided for citizenship on the commencement of the Constitution.
    • All those domiciled and born in India were given citizenship.
    • Even those who were domiciled but not born in India, but either of whose parents was born in India, were considered citizens.
    • Anyone who had been an ordinary resident for more than five years, too, was entitled to apply for citizenship.

    Article 6

    • Since Independence was preceded by Partition and migration, Article 6 laid down that anyone who migrated to India before July 19, 1949, would automatically become an Indian citizen if either of his parents or grandparents was born in India.
    • But those who entered India after this date needed to register themselves.

    Article 7

    • Even those who had migrated to Pakistan after March 1, 1947 but subsequently returned on resettlement permits were included within the citizenship net.
    • The law was more sympathetic to those who migrated from Pakistan and called them refugees than to those who, in a state of confusion, were stranded in Pakistan or went there but decided to return soon.

    Article 8

    • Any Person of Indian Origin residing outside India who, or either of whose parents or grandparents, was born in India could register himself or herself as an Indian citizen with Indian Diplomatic Mission.

    Various Amendments for Citizenships

    • According to Article 11, Parliament can go against the citizenship provisions of the Constitution.
    • The Citizenship Act, 1955 was passed and has been amended four times — in 1986, 2003, 2005, and 2015.
    • The Act empowers the government to determine the citizenship of persons in whose case it is in doubt.
    • However, over the decades, Parliament has narrowed down the wider and universal principles of citizenship based on the fact of birth.
    • Moreover, the Foreigners Act places a heavy burden on the individual to prove that he is not a foreigner.

    (1) 1986 amendment

    • The constitutional provision and the original Citizenship Act gave citizenship on the principle of jus soli to everyone born in India.
    • However, the 1986 amendment to Section 3 was less inclusive as it added the condition that those who were born in India on or after January 26, 1950 but before July 1, 1987, shall be an Indian citizen.
    • Those born after July 1, 1987 and before December 4, 2003, in addition to one’s own birth in India, can get citizenship only if either of his parents was an Indian citizen at the time of birth.

    (2) 2003 amendment

    • The then government made the above condition more stringent, keeping in view infiltration from Bangladesh.
    • Now the law requires that for those born on or after December 4, 2004, in addition to the fact of their own birth, both parents should be Indian citizens or one parent must be Indian citizen and other should not be an illegal migrant.
    • With these restrictive amendments, India has almost moved towards the narrow principle of jus sanguinis or blood relationship.
    • This lay down that an illegal migrant cannot claim citizenship by naturalization or registration even if he has been a resident of India for seven years.

    (3) Citizenship (Amendment) Act, 2019

    • The amendment proposes to permit members of six communities — Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Pakistan, Bangladesh and Afghanistan — to continue to live in India if they entered India before December 14, 2014.
    • It also reduces the requirement for citizenship from 11 years out of the preceding 14 years, to just 6 years.
    • Two notifications also exempted these migrants from the Passport Act and Foreigner Act.
    • A large number of organisations in Assam protested against this Bill as it may grant citizenship to Bangladeshi Hindu illegal migrants.

    Losing of Indian Citizenship

    • The Citizenship Act, 1955 also lays down the three modes by which an Indian citizen may lose his/her citizenship.
    • It may happen in any of the three ways: renunciation, termination and deprivation.

    (1) Renunciation

    • An Indian Citizen of full age and capacity can renounce his Indian citizenship by making a declaration to that effect and having it registered.
    • But if such a declaration is made during any war in which India is engaged, the registration shall be withheld until the Central Government otherwise directs.
    • When a male person renounces his citizenship, every minor child of him ceases to be an Indian citizen.
    • Such a child may, however, resume Indian citizenship if he makes a declaration to that effect within a year of his attaining full age, i.e. 18 years.

    (2) Termination

    • If a citizen of India voluntarily acquires the citizenship of another country, he shall cease to be a citizen of India.
    • During the war period, this provision does not apply to a citizen of India, who acquires the citizenship of another country in which India may be engaged voluntarily.

    (3) Deprivation

    • Deprivation is a compulsory termination of citizenship of India.
    • A citizen of India by naturalization, registration, domicile and residence, may be deprived of his citizenship by an order of the Central Government if it is satisfied that the Citizen has:
      1. Obtained the citizenship by means of fraud, false representation or concealment of any material fact
      2. Shown disloyalty to the Constitution of India
      3. Unlawfully traded or communicated with the enemy during a war
      4. Within five years after registration or neutralization, been imprisoned in any country for two years
      5. Ordinarily resident out of India for seven years continuously

     

    Try this PYQ:

    Q.With reference to India, consider the following statements:

    1. There is only ‘one citizenship and one domicile’.
    2. A citizen by birth only can become the Head of State.
    3. A foreigner once granted the citizenship cannot be deprived of it under any circumstances.

    Which of the statements given above is/are correct?

    (a) 1 only

    (b) 2 only

    (c) 1 and 3 only

    (d) 2 and 3 only

     

    [wpdiscuz-feedback id=”rk12hyha1y” question=”Please leave a feedback on this” opened=”1″]Post your answers here.[/wpdiscuz-feedback]

     

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  • 20th July 2022| Daily Answer Writing Enhancement(AWE)

    Topics for Today’s questions:

    GS-1        History of the world will include events from 18th century such as industrial revolution, world wars, redrawal of national boundaries, colonization, decolonization, political philosophies like communism, capitalism, socialism etc.— their forms and effect on the society.

    GS-2         Parliament and state legislatures, Indian Constitution-Fundamental Rights

    GS-3         Infrastructure- Energy

    GS-4        Aptitude and foundational values of civil services

    Question 1)

     

    Q.1 Post World War I, the Treaty of Versailles sowed the seeds for another, even greater war. Discuss. (10 Marks)

     

    Question 2)

    Q.2 The Criminal Procedure (Identification) Bill 2022 aims to replace the Identification of Prisoners Act 1920. Examine the reasons for the introduction of the Bill and what are the concerns with the provision of the Bill? (15 Marks)

    Question 3)

    Q.3 What was the rationale of the deregulation of the fuel prices in India? Discuss the issues with the policy and suggest the way forward. (10 Marks)

    Question 4)  

    Q.4 It is argued that the Indian bureaucracy suffers from indecision and risk aversion. Do you agree? Justify with logical arguments. (10 Marks)

     

    HOW TO ATTEMPT ANSWERS IN DAILY ANSWER WRITING ENHANCEMENT(AWE)?

    1. Daily 4 questions from General studies 1, 2, 3, and 4 will be provided to you.

    2. A Mentor’s Comment will be available for all answers. This can be used as a guidance tool but we encourage you to write original answers.

    3. You can write your answer on an A4 sheet and scan/click pictures of the same.

    4.  Upload the scanned answer in the comment section of the same question.

    5. Along with the scanned answer, please share your Razor payment ID, so that paid members are given priority.

    6. If you upload the answer on the same day like the answer of 11th  February is uploaded on 11th February then your answer will be checked within 72 hours. Also, reviews will be in the order of submission- First come first serve basis

    7. If you are writing answers late, for example, 11th February is uploaded on 13th February , then these answers will be evaluated as per the mentor’s schedule.

    8. We encourage you to write answers on the same day. However, if you are uploading an answer late then tag the mentor like @Staff so that the mentor is notified about your answer.

    *In case your answer is not reviewed, reply to your answer saying *NOT CHECKED*. 

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  • About Yaksh Chaudhury- AIR 6 | UPSC 2021

    Failure is nothing but an opportunity to revise your strategy.

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    1. About Yaksh Chaudhury- His UPSC journey and hobbies

    NameYaksh Chaudhary
    Age–
    ResidentAmroha, Uttar Pradesh
    ExamUPSC 2021
    All India Rank6th 
    Attempts3rd 
    Optional Subject Sociology
    HobbiesAthletics, watching movies

    2. Family and Education

    FatherHe is a farmer. 
    MotherHousewife
    Elder Brotherworks with his father
    Elder sisterA school teacher

    Yaksha hails from Amroha in Uttar Pradesh and has a family of five consisting of his parents, his elder brother, and elder sister.

    Yaksh’s Educational Background:

    • Early schooling from Sarvodya Saraswati Academy. After that, he passed the 12th standard from the same school
    • Yaksh completed his graduation in civil engineering from IIT Guwahati.
    • He was also selected as Assistant Commandant in UPSC CAPF in 2019.

    3. UPSC Strategy

    He started his preparation in Delhi but had to return home due to Covid-19. After that, he continued his preparation from home. He was preparing full-time for the UPSC exam.

    At that time, he opted for online classes and subscribed to Unacademy which gave him access to quality learning materials with the flexibility to learn anywhere.

    • For prelims he practiced a lot.
    • For mains he regularly gave some effort to make answer structure better.
    • He started UPSC preparation 4 years ago by studying NCERTs.
    • Since current affairs are possibly the most significant part of the IAS exam he backed his preparation with day-to-day newspaper readings to give sufficient focus to the happenings nationally and internationally.
    • he joined a few online mock test series for Prelims and mains.
    • He was meticulous about study materials. he consolidated his study materials and revised them as many times as he could.
    • Be patient and stay focused all the time.
    • Always tried to improve his performance.
    • made his own notes.
    • From the very starting, he carried his preparation under senior teachers and mentors.

    He didn’t follow any super different strategy of planning. he executed the same strategy differently.

    4. Yaksh Chaudhary’s Notes & Booklist

    Polity:

    M. Laxmikant

    Indian Economy:

    Nitin Singhania

    Modern Indian History:

    Indian struggles for Independence by Bipin Chandra

    Art & Culture:

    Indian Art and Culture by Nitin Singhania

    Ancient India:

    RS Sharma

    Ethics:

    Ethics and integrity by Subba Rao and PN Rao Chaudhary

    Geography:

    Certificate Physical and human geography by GC Leong

    Indian Geography by Majid Hussain

    Challenges to Internal Security of India by Ashok Kumar

    5. Motivation and inspiration

    He interacted a lot with bureaucrats in his area administration department to understand how he can help people. His main aim to crack UPSC was to serve his society better he showed his gratitude to his teachers and mentors who were the real torch bearer all along the crooked path of UPSC.

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  • 20th July 2022 | Prelims Daily with Previous Year Questions

    20th July 2022 | Prelims Daily with Previous Year Questions

    [WpProQuiz 1065]

    [WpProQuiz_toplist 1065]

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  • 19th July 2022 | Prelims Daily with Previous Year Questions

    19th July 2022 | Prelims Daily with Previous Year Questions

    [WpProQuiz 1064]

    [WpProQuiz_toplist 1064]

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  • EU’s Markets in Crypto-Assets (MiCA) Law

    The Markets in Crypto-Assets (MiCA) law of European Parliament is the first comprehensive regulation for cryptos, and some expect it to become a trendsetter for crypto regulation globally.

    What is MiCA Legislation?

    • The MiCA law seeks to address concerns like money-laundering, protection of consumers and investors, accountability of crypto firms, stablecoins and the environmental footprint of crypto mining.
    • It would regulate the “wild west” of crypto assets and provide legal certainty for those issuing crypto assets, while ensuring high standards for investors and consumers.
    • It also excludes non-fungible tokens, but the EU may make a horizontal legislation for NFTs in 18 months, after a separate assessment.

    How will MiCA regulate stablecoins?

    • The efficacy of stablecoins, which claim to be less volatile that other cryptos, came into question after the crash of some crypto-currencies.
    • The MiCA would mandate that stablecoin issuers maintain minimum liquidity to provide for sudden large withdrawals by users, and the reserves must also be protected from insolvency.
    • The European Banking Authority (EBA) has been brought in to supervise stablecoins, and the law asks stablecoin issuers to provide claims to investors free of charge.
    • In addition, large coins which are used as a means of payment will be capped at €200 million worth of transactions per day.

    How will the new law regulate money laundering?

    • MiCA requires the EBA to maintain a public register of non-compliant crypto asset service providers (CASPs).
    • Additional checks will be required, in line with the EU Anti-Money-Laundering (AML) framework.

    How does it address green concerns?

    • Under MiCA, crypto companies will be required to declare their environmental and climate footprint.
    • The European Securities and Markets Authority will develop regulatory technical standards on methodologies, content and presentation of such information.
    • The EC will also have to provide a report on the impact of crypto assets on environment.
    • It would introduce mandatory minimum sustainability standards for mining mechanisms, especially the proof-of-work system which raises overall computing power.

    Will it affect Indian regulations?

    • India’s crypto regulations seem to have taken a back seat at the moment.
    • Industry executives and experts say the government and industry are more concerned about taxation.
    • India levied a 30% tax on income from transfer of cryptos from April, and added a 1% tax deduction at source from 1 July.
    • This, along with the overall bear market, has depressed trading volumes, and revenues of crypto exchanges.
    • Indian regulators are also expected to consider rules being developed in the US before taking concrete decisions.

    Back2Basics: Stablecoins

    • Stablecoins are cryptocurrencies where the price is designed to be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities (such as precious metals or industrial metals).
    • Advantages of asset-backed cryptocurrencies are that coins are stabilized by assets that fluctuate outside of the cryptocurrency space, that is, the underlying asset is not correlated, reducing financial risk.
    • Bitcoin and altcoins are highly correlated, so that cryptocurrency holders cannot escape widespread price falls without exiting the market or taking refuge in asset backed stablecoins.
    • Furthermore, such coins, assuming they are managed in good faith, and have a mechanism for redeeming the asset(s) backing them, are unlikely to drop below the value of the underlying physical asset, due to arbitrage.

     

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  • Curtailing ‘unparliamentary’ expressions could stifle voice of MPs

    Context

    The Lok Sabha secretariat recently released a booklet of unparliamentary words that will henceforth be banned and if used, will be expunged, it created an uproar among the opposing parties.

    Historical Background

    • In the early days of parliamentary functioning in England, members would challenge one another to a duel if they felt dishonoured by another member’s speech.
    • It led to the Speaker of the House of Commons removing the offending words from the written proceedings.
    • In 1873, the constitutional theorist Erskine May started recording words and expressions that the Speaker considered unparliamentary in an eponymous guide to parliamentary procedure.
    •  Later editions of the book laid down the principle of parliamentary language.

    Who decides the nature of a word

    • MPs have freedom of speech in Parliament.
    • But the presiding officers of Parliament have the final authority on what gets recorded in the day’s proceedings.
    •  MPs can also draw attention to any unparliamentary words and urge the chair to delete them.
    • Any reporting of the parliamentary discussion that includes the deleted portion is a breach of parliamentary privilege and invites the ire of the House.
    • Deleted words are then added by the parliament secretariat to its compilation of unparliamentary expressions.
    • Why context is important? In any language, the context in which an individual uses a word is critical.
    • “Context” means how the word is said, the circumstances in which it is said and when it is said.

    Issues with addition of unparliamentary words

    • Effectiveness of measure: The first issues about the list is its effectiveness in maintaining decency in parliamentary debates.
    • Impact on the debate: The second that that needs to be considered is the effectiveness of such a list help in promoting or stifling discussion.
    • Role of technology: Technological advances have ensured that Parliament can no longer control how its proceedings are recorded and disseminated.
    • As a result, even if Parliament edits its record, the unparliamentary expression will be available online.
    • In such a scenario, a compilation of the words classified as unparliamentary will not deter an MP from using them.

    Conclusion

    Parliament is all about the cut and thrust of debate. And in a political discussion, a restriction of unparliamentary expression, without considering context, will unnecessarily stifle the voices of MPs.

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  • Last Chance to Attempt EKLAVYA – All India FREE IAS Scholarship Test. No Issues, Give your Best in next test and get up to 60% Scholarship || TEST IS LIVE

    Last Chance to Attempt EKLAVYA – All India FREE IAS Scholarship Test. No Issues, Give your Best in next test and get up to 60% Scholarship || TEST IS LIVE

    Attend & score above the cut-off marks and get 60% on all the Civilsdaily courses under Smash Foundation Course.

    https://youtu.be/aANKfbU0cy4
    click: register now for the free national scholarship test

    Dear Students!

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    Table of Content

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    • Decimate Prelims (Prelims Crash course)
    • Mains Answer Writing Initiative (On a weekly basis)
    • Smash Mains (upon Qualifying prelims 2023)
    • Essay Guidance Program (To score above 120+ in Essay Mains Paper)
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    • No. of Questions: 100
    • Date: 24th July
    • Time: 10 AM
    • Result: 27/07/2022

    3. Mentorship: Our Every student is a batch.

    An average aspirant, pays for Prelims Course, Mains Program, Interview Guidance, Test Series & Study Materials all separately. The fees then comes up to 2-3 Lakhs for one attempt alone.

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    4. Toppers’ Talk

    5. Why should you take the CD’s Scholarship Test? 

    1. Test your preparation on UPSC-CSE grade questions, at national level.

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  • India’s climate Vulnerability

    Context

    In the absence of COVID-19, climate change-induced disasters would have been India’s biggest red alert in recent years.

    India’s vulnerabilities

    • Temperatures over the Indian Ocean have risen by over 1°C since the 1950s, increasing extreme weather events.
    • India is the fourth worst-hit in climate migration.
    • Heat waves in India have claimed an estimated 17,000 lives since the 1970s.
    • Labour losses from rising heat, by one estimate, could reach ₹1.6 lakh crore annually if global warming exceeds 2°C, with India among the hardest hit.
    • Extreme heat waves hit swathes of India. Heatwaves are aggravated by deforestation and land degradation, which also exacerbate fires.
    • Agriculture, being water-intensive, does not do well in heat wave-prone areas.

    Way forward

    • Two part approach: India needs a two-part approach:
    • Adaptation: one, to adapt to climate impacts by building resilience against weather extremes, and
    • Mitigation: to mitigate environmental destruction to prevent climate change from becoming more lethal.
    • Climate resistant agriculture: Agricultural practices which are not water-intensive and to support afforestation that has a salutary effect on warming.
    • Financial transfers can be targeted to help farmers plant trees and buy equipment — for example, for drip irrigation that reduces heavy water usage.
    • Crop diversification: Climate-resilient agriculture calls for diversification — for example, the cultivation of multiple crops on the same farm.
    • Climate-resilient agriculture calls for diversification — for example, the cultivation of multiple crops on the same farm
    • Managing vulnerable regions in coastal zones: Floods and storms are worsened by vast sea ingress and coastline erosion in the low-lying areas in the south.
    • It is vital to map flood-risk zones to manage vulnerable regions.
    • Environment Impact Assessments must be mandatory for commercial projects.
    • Design changes: Communities can build round-shaped houses, considering optimum aerodynamic orientation to reduce the strength of the winds.
    • Roofs with multiple slopes can stand well in strong winds, and central shafts reduce wind pressure on the roof by sucking in air from outside.
    • Moving away from fossil fuels: Adaptation alone will not slow climate damages if the warming of the sea level temperatures is not confronted.
    • Leading emitters, including India, must move away from fossil fuels.
    • Expanding and protecting forest cover: a big part of climate action lies in protecting and expanding forest coverage.
    • India gains from being part of the Glasgow declaration on forest protection that 141 countries signed in 2021.
    • Management of dams: Nearly 295 dams in India are more than 100 years old and need repairs.
    • In stemming landslides in Uttarakhand, regulations must stop the building of dams on steep slopes and eco-fragile areas, as well as the dynamiting of hills, sand mining, and quarrying.
    • Climate financing: India’s share in disaster management should be raised to 2.5% of GDP.
    • Climate finance is most suited for large-scale global funding from the World Bank, the International Monetary Fund, and the Asian Development Bank.
    • But smaller-scale financing can also be vital.

    Conclusion

    For public pressure to drive climate action, we need to consider climate catastrophes as largely man-made.

     

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