All posts by category: GS Paper III
International Efforts to tackle Climate Change
The observations and the clear evidence of the phenomenon of “abrupt climate change” made the international political and scientific community initiate efforts to tackle the global problem of climate change. They were quite clear that the lack of attention to the climatic changes experienced by them would prove disastrous in the long run to its […]
Indian Initiatives to Combat the Effects of Climate Change
India and Climate Change India, which accounts for 4.1 percent of global emissions and is the third largest carbon-emitting country in the world. India plays a very vital role in the international climate change negotiations. Being a signatory to all the international environmental agreements and especially the recent Paris Climate Change Agreement, India has launched […]
WHAT IS GST AND HOW GST WORKS – EXPLAINED WITH INFOGRAPHICS
What is GST? GST or Goods and Services tax is an Indirect tax system, soon to be introduced in India. The GST tax reform was passed by both houses of parliament as the 101st Constitutional Amendment Act. With the introduction of GST India is stepping into a new dawn of taxation regimes. What happens when GST […]
Climate Change – Causes and Effects
Sir David King one of the most respected figures in climate change policy called the climate change problem as “a greater threat than international terrorism”. What is Climate Change? Climate change is a change in global or regional climate patterns largely caused by rise in global temperature due to the increase in greenhouse gas […]
BAD LOAN MENACE
An NPA or a Non-Performing Asset is a loan that is on the verge of default by the borrower. As per Indian rules, if the repayment of a loan is delayed beyond 90 days, the loan must be recognized as a default and an NPA or Non-performing asset. The gross NPAs in India were 5.1% […]
WATER CRISIS IN INDIA
Water Crisis in India About 330 million people in India has been facing severe droughts issues this year. The coal-fired power plants-the major source of India’s electricity are facing huge deficits of water, resulting in energy crisis. The height of the issue can be understood for the government’s order to appoint armed guards to prevent […]
All you want to know about- Goods and Services Tax or GST
GST, the single tax to be levied on goods and services is biggest of the recent tax reforms in India. It will prove a paradigm shift from the old burdensome indirect tax system that we practiced and will help India to achieve international standards in indirect taxation regime. Unlike many other countries, we follow a […]
Shadow of terrorist Islamic State spreading over Asia and Africa – Mr. Abraham Kurien IPS [Retd DGP]
The Article is based on the following News items. 14th January: Islamic State (IS) suicide squads struck in a US hotel chain Starbucks Café in Jakarta, capital of Indonesia, in South East Asia killing 7 persons and injuring 12 ; 15th January: Islamic militant group Al-Shabab, affiliated with Al Qaida, overran an army Unit of […]
Non Performing Assets – The Indian Banking Syndrome
What are NPAs/ Non Performing Assets? As per RBI circular, non performing asset (NPA) is a loan or an advance where; interest and/ or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan, the account remains ‘out of order’, in respect of an Overdraft/Cash Credit (OD/CC), […]
Bilateral Investment treaty
The bilateral investment treaty that India has with several countries will lapse on March 31 which can impact the arrival of FDI to India What is a Bilateral Investment treaty? A bilateral investment treaty (BIT) is an agreement establishing the terms and conditions for private investment by nationals and companies of one country in another country (For Foreign Direct investments). […]