This article sheds light on the detrimental impact of fertilisers on Indian agriculture, examining the escalating consumption and burgeoning government subsidies that strain the national exchequer. The role of the Nutrient Based Subsidy (NBS) Scheme in promoting the indiscriminate use of chemical fertilisers is explored.
De-dollarization, a term relatively unfamiliar until the early 21st century, refers to the gradual move away from the US dollar as the global reserve currency. The term encapsulates the efforts of several nations aiming to reduce their dependency on the dollar for international trade and financial transactions. Simultaneously, it involves a shift towards other currencies or the creation of new payment mechanisms independent of the dollar. The journey of de-dollarization offers a variety of implications for different nations, with India's role in the global currency trade taking a unique stance.
The International Solar Alliance (ISA) is an initiative that was launched during the United Nations Climate Change Conference in Paris in 2015. It was jointly founded by India and France with the aim of promoting solar energy deployment and reducing dependence on fossil fuels. The ISA seeks to address the challenges of climate change and sustainable development by mobilizing resources, fostering technology transfer, and facilitating collaboration among solar-rich countries. The alliance focuses on harnessing solar power through the deployment of solar projects, sharing best practices, and developing innovative financing mechanisms.
The vision of Amrit Kaal, which would represent an empowered and inclusive economy, was detailed in the Union Budget 2023–24 that was delivered to the Parliament on February 1, 2023 by Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs. She stated, “We envision a prosperous and inclusive India, in which the fruits of development reach all regions and citizens, especially our youth, women, farmers, OBCs, Scheduled Castes and Scheduled Tribes”.
2023 is being celebrated as the International Year of Millets. As the celebrations reach almost the middle of the year, India leads the way in promoting millets across the world. This article tries to understand the significance of millets for international issues, India’s role in the declaration of 2023 as the International Year of Millets, its diplomatic efforts to situate millets as a soft power tool of its foreign policy, the challenges ahead of potential millet revolution and possible solutions.
As of 2023, the Indian textile and apparel industry makes significant contributions to various aspects of the economy. It contributes 4% to global trade in textiles and apparel, making it a crucial player in the international market. In terms of GDP, it accounts for approximately 2%, which amounts to around $70 billion. Additionally, the industry's output represents 7% of the total industry value.
The picturesque state of Himachal Pradesh in India is renowned for its breathtaking landscapes, snow-capped mountains, and diverse flora and fauna. However, the rapid growth of tourism in recent years has placed an increasing burden on its fragile ecosystem. The Himachal Pradesh Green Star Rating Initiative for Hotels (Him-GRIH) was established to address this challenge. This paper aims to explore the objectives, aims, and significance of the Him-GRIH scheme in light of the mounting pressure on Himachal Pradesh's mountains and the threat to its delicate ecosystem.