Ocean of Knowledge
LIBRA 05 Jul 2019 14 min read Why in News? Facebook has announced the launch of a cryptocurrency called Libra by 2020. While this signals facebook’s plans to expand into the global digital currency market, it has also raised privacy concerns. LIBRA Digi Currency: Facebook’s cryptocurrency Libra will allow smartphone users to buy services digitally…
Food Security 12 Jul 2019 20 min read As per the Economic Survey (2018-19), India needs to take big initiatives to improve its food security as it faces supply constraints, water scarcity, small landholdings, low per capita GDP and inadequate irrigation. What is Food Security? Food security, as defined by the United Nations’ Committee on…
India’s Coastal Security 15 Jul 2019 11 min read India’s 7,516-kilometre-long coastline includes 5,422 kilometres of coastline on the mainland and 2,094 kilometres on the islands belonging to nine states and four Union Territories. The coastline accounts for 90% of the country’s trade and it spans 3,331 coastal villages and 1,382 islands. The coastline houses…
Micro, Small and Medium Enterprises (MSME) 17 Jul 2019 13 min read Introduction Worldwide, MSMEs have been accepted as the engine of economic growth and for promoting equitable development. They constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth. With low investment…
Trade War 31 Jul 2019 12 min read Why in News According to the World Bank’s Global Economic Prospect, the global economy has slowed to its lowest pace in three years because international trade and investment have been weaker than expected. International trade has been severely affected by the trade war between the US and…
Intellectual Property Rights 02 Aug 2019 14 min read What are Intellectual Property Rights? Intellectual property rights (IPR) are the rights given to persons over the creations of their minds: inventions, literary and artistic works, and symbols, names and images used in commerce. They usually give the creator an exclusive right over the use of…
Mission Chandrayaan 07 Aug 2019 10 min read Why in News? On 22 July 2019, India launched Chandrayaan-2, its second lunar exploration mission after Chandrayaan-1 from Satish Dhawan Space Centre, Sriharikota. It is a Lunar orbiter, lander, rover type mission. It is expected to do soft-landing on the Moon on 7 September, 2019. Chandrayaan-2 is…
India’s Industrial Policy 09 Aug 2019 15 min read Meaning Government action to influence the ownership & structure of the industry and its performance. It takes the form of paying subsidies or providing finance in other ways, or of regulation. It includes procedures, principles (i.e., the philosophy of a given economy), policies, rules and regulations,…
Public Distribution System 12 Aug 2019 15 min read Introduction The Public distribution system (PDS) is an Indian food Security System established under the Ministry of Consumer Affairs, Food, and Public Distribution. PDS evolved as a system of management of scarcity through distribution of food grains at affordable prices. PDS is operated under the joint…
Marine Pollution 16 Aug 2019 9 min read The oceans cover over 70% of the globe. Its health, wellbeing of humanity and the living environment that sustains us all are inextricably linked. Yet neglect of ocean acidification, climate change, polluting activities and over-exploitation of marine resources have made oceans, one of the earth’s most threatened…