Monthly Archives: February 2023

CARBON TRADING IN INDIA

The Centre is expected to clarify, later this year, the specifics of a carbon trading market in India. An amendment to the Energy Conservation Act, passed in 2022 and, separately, approval by the UN Framework Convention on Climate Change via the Paris and Glasgow agreements ensured that carbon markets (where …

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INDIA -A BIODIVERSITY CHAMPION

The sum and variation of our biological wealth, known as biodiversity, is essential to the future of this planet. The importance of our planet’s biodiversity was strongly articulated at the United Nations Biodiversity Conference in Montreal, Canada. On December 19, 2022, 188 country representatives adopted an agreement to “halt and …

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INDIA’S GROWTH RATE 6.8%IN 2023: IMF

India continues to remain a relative “bright spot” in the world economy, and will alone contribute 15% of the global growth in 2023, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. While digitisation pulled out the world’s fifth-largest economy from pandemic lows, prudent fiscal policy and significant financing for …

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SANSAD AWARDS

The Sansad Ratna Awards were instituted in 2010, inspired by the teachings of former President APJ Abdul Kalam, who launched the first edition of the Award function in Chennai. They seek to recognise and felicitate the top-performing MPs on the basis of their work in the apex legislative body. So far, …

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US-CHINA RELATIONS

The recent US shooting of alleged Chinese spy balloons highlighted growing distrust between the two countries. How US shooting of alleged Chinese spy balloons? There has been a lot of speculation in the media about both the balloons and the US response. We’ve seen arguments that the balloon was an …

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1ST MEETING OF G20 CULTURE WORKING GROUP BEGINS

The first three day meeting of the G20 Culture Working Group began in Khajuraho on Wednesday, underlining India’s commitment to repatriating lost heritage to the country. Ahead of inagurating a specially curated exhibition of 26 repatriated artefacts including the 10th century stone sculpture of the ‘Parrot Lady of Khajuraho’, the …

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ECOLOGY & INFRASTRUCTURE

A 4. 5 km-long tunnel planned to reduce traffic congestion on the approach road to Mussoorie has led to several residents expressing concern that the project, envisaged two years ago, could be an “ecological disaster” and pose a threat to the hill town. The concerns, which were raised even when …

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INDIA-RUSSIA-OIL-UN

Germany has sought India’s support for the resolution in UN General Assembly condemning Russia’s actions in Ukraine on the first anniversary of war. India can perhaps held find a solution at some stage to end the conflict. Russia-Ukraine conflict and China’s increasing assertiveness in the IndoPacific will be high on …

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INDIA AND EL NIÑO FORECAST

India is experiencing a colder than normal winter thanks to the north-south winter flow set up by the climate phenomenon known as La Niña. The La Niña itself is going on for a record-breaking third consecutive year. Now, forecasts for the 2023 fall and winter are predicting that there is …

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