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The promise of parametric insurance

Why in the news?  In 2023, natural disaster losses hit $280 billion, with only $100 billion insured, highlighting a need for innovative insurance solutions amid rising extreme weather events. Present Method of Disaster Risk Reduction Indemnity-based Insurance Products: Indemnity-based insurance products require a physical assessment of damage after a disaster to determine the payout amount.… Continue reading The promise of parametric insurance

The Green Revolution in Maize

Why in the news?  Over the past two decades, India’s maize production has more than tripled, emerging as a private sector-driven green revolution success story. Maize has transitioned from being primarily a feed crop to also serving as a fuel crop. What was the Green Revolution? Began in 1968 with the introduction of high-yielding variety… Continue reading The Green Revolution in Maize

India plans to enter into a carbon crediting mechanism with Japan 

Why in the news?  India is set to establish a Joint Crediting Mechanism (JCM) with Japan for carbon trading and emission-reduction credits. Memorandum of Cooperation for Setting Up a Joint Crediting Mechanism (JCM) Objective and Framework: India and Japan plan to sign a Memorandum of Cooperation to establish a Joint Crediting Mechanism (JCM) for sharing… Continue reading India plans to enter into a carbon crediting mechanism with Japan 

Bombay HC quashes Exemption from RTE Quota for Private Schools  

Why in the News? The Bombay High Court has cancelled the Maharashtra government’s new rule that allowed private schools within 1 kilometer of government or government-aided schools to avoid reserving 25% of their seats for students from weaker sections and disadvantaged groups. Right to Education (RTE) Act: Overview The Right to Education (RTE) Act, 2009… Continue reading Bombay HC quashes Exemption from RTE Quota for Private Schools  

Bhil Tribe have again demanded a separate ‘Bhil Pradesh’

Why in the News? A large number of people from the Bhil tribe recently gathered at a rally in Rajasthan’s Mangarh Dham to raise the demand for an independent ‘Bhil state’. Background of the Bhil Pradesh Demand The idea of a tribal state, comprising parts of Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra, has been discussed… Continue reading Bhil Tribe have again demanded a separate ‘Bhil Pradesh’

[19th July 2024] The Hindu Op-ed: India and a Case for Strategic Autonomy

PYQ Relevance: Q What is the significance of Indo-US defence deals over Indo-Russian defence deals? Discuss with reference to stability in the Indo-Pacific region. (UPSC IAS/2020) Q Quadrilateral Security Dialogue (Quad) is transforming itself into a trade bloc from a military alliance, in present times Discuss. (UPSC IAS/2020) Mentor comment: India’s strategic autonomy refers to… Continue reading [19th July 2024] The Hindu Op-ed: India and a Case for Strategic Autonomy

Vasco da Gama’s toxic legacy is now a ‘pandemic’ that kills 8 million globally   

Why in the news?  On July 8th, 1497, Vasco da Gama’s historic voyage began, reshaping global maritime routes and leaving a lasting impact on trade and culture. This era of exploration introduced and disseminated tobacco, profoundly affecting societies in numerous ways. Cultivation and Production of Tobacco Historical Introduction: Tobacco was originally cultivated by Native Americans… Continue reading Vasco da Gama’s toxic legacy is now a ‘pandemic’ that kills 8 million globally   

The issue with India’s tree planting schemes

Why in the news?  India’s tree planting schemes have garnered attention as part of the country’s efforts to combat climate change and restore degraded ecosystems. However, these initiatives face several challenges and criticisms. Recent Trends of Special Conservation Drives: Increased Initiatives: There has been a surge in global and national tree planting drives, such as… Continue reading The issue with India’s tree planting schemes

What is OpenAI’s secret Project ‘Strawberry’?

Why in the News? US-based OpenAI emerged as a major player with its AI chatbot ChatGPT, capable of answering questions and processing images. OpenAI is now reportedly developing a new AI model with improved reasoning capabilities, potentially changing the AI landscape. What is Project Strawberry? Nearly six months ago, OpenAI’s secretive Project Q* (Q-Star) gained… Continue reading What is OpenAI’s secret Project ‘Strawberry’?

845 Elephant Deaths recorded in Kerala in eight years

Why in the News? Kerala’s forests have recorded 845 elephant deaths between 2015 and 2023. Studies indicate an increasing trend in the death rate over time. Habitat and Population Challenges Elephants face increasing vulnerability due to shrinking habitats and rising fragmentation exacerbated by climate change. Factors contributing to their susceptibility include: Declining population sizes Sensitivity… Continue reading 845 Elephant Deaths recorded in Kerala in eight years

Places in News: Niger, Ivory Coast and Pacific Island States

Why in the News? Details Niger Turkish delegation visited to strengthen military cooperation with the junta, shifting alliances to Turkey and Russia. Geography: Landlocked in West Africa, bordered by Algeria, Libya, Chad, Nigeria, Benin, Burkina Faso, and Mali. Population ~26.3 million; capital Niamey. Key Points: Gained independence from France in 1960. Political instability with coups… Continue reading Places in News: Niger, Ivory Coast and Pacific Island States

The State of India’s Informal Economy    

Why in the news?  The NSSO’s 2021-22 and 2022-23 survey outcomes reveal effects of significant economic shocks due to demonetisation, GST implementation, and the COVID-19 pandemic on India’s economy. About NSSO:  The NSSO is India’s premier agency for conducting large-scale nationwide sample surveys on socio-economic aspects that collects data on employment, consumption, health, education, and… Continue reading The State of India’s Informal Economy    

Choosing the right track to cut post-harvest losses

Why in the News?  India holds the position of the second-largest agricultural producer globally however, it only accounts for 2.4% of global agricultural exports, ranking eighth worldwide due to the post-harvest loss. A closer look at India’s post-harvest loss: Economic Impact: India faces annual post-harvest losses amounting to approximately ₹1,52,790 crore, significantly impacting farmer incomes… Continue reading Choosing the right track to cut post-harvest losses

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