National Energy Storage Mission

Context: In February 2018, an Expert Committee under the chairperson-ship of Secretary, Ministry of New and Renewable Energy, with representatives from relevant Ministries, industry associations, research institutions and experts was constituted by the Ministry of New & Renewable Energy to propose draft for setting up National Energy Storage Mission (NESM) Read More …

Concessional Financing Scheme

Context: The Union Cabinet chaired by Prime Minister has approved the first extension of Concessional Financing Scheme(CFS) to support Indian Entities bidding for strategically important infrastructure projects abroad. Details: Under the CFS, the Govt. of India has been supporting Indian Entities bidding for strategically important infrastructure projects abroad since 2015-16. Read More …

Policy Framework for exploration and exploitation of Unconventional Hydrocarbons

Context: The Union Cabinet chaired by the Prime Minister has approved the policy to permit exploration and exploitation of unconventional hydrocarbons such as Shale oil/gas, Coal Bed Methane (CBM) etc. It will be carried out under the existing Production Sharing Contracts (PSCs), CBM contracts and Nomination fields to encourage the Read More …

National Policy on Biofuels – 2018

Context: Rajasthan has become the first State in the country to implement the national policy on biofuels unveiled by the Centre in May this year. The desert State will lay emphasis on increasing production of oilseeds and establish a Centre for Excellence in Udaipur to promote research in the fields Read More …

Why a currency war is a worry?

Context: Recently Reserve Bank of India Governor Urjit Patel warned that trade wars among various countries may lead to a currency war. What does this expression mean, what leads to a currency war, and what are its implications on economies around the world, including India’s? When did the world first Read More …

Direct benefit transfers can pay out subsidies

Context: The Reserve Bank of India (RBI) has recently cautioned states from shifting to a DBT mechanism for food subsidies. The drive for efficiency in subsidy disbursement is a benign concept. But poorly implemented, it can have fatal consequences. Subsidy, With a Grain of Salt India’s subsidy disbursement system has Read More …

What is DigiLocker?

Context: The Indian Railways has announced that it will now accept soft copies of Aadhaarand driving licence available on DigiLocker as identity proofs for those travelling by train. “If a passenger shows Aadhaar or driving licence from the ‘issued documents’ section by logging into his DigiLocker account, the same should be considered as Read More …

Lok Sabha passes anti-graft amendment Bill

Context: The Lok Sabha passed the Prevention of Corruption (Amendment) Bill, 2018 that seeks to punish bribe-givers and bribe-takers. About the Bill: The Bill provides for jail terms of three to seven years, besides fine, to those convicted of taking or giving bribes to public officials. The Bill also extends Read More …

Explaining the Fugitive Economic Offenders Ordinance

Who is a fugitive economic offender? Under the Fugitive Economic Offenders Ordinance, promulgated by the President in April, a fugitive economic offender is any individual against whom a warrant for arrest in relation to a scheduled offence has been issued by any court in India and who has either left Read More …