Category Policy Update

e-RUPI: The Way Forward!

e-RUPI is a digital payment solution that was launched in August 2021 by the Government of India and the digital rupee was tossed on December 1, 2022. As proposed ever since its inception, there were many discussions revolved around this fancy term. As there exist a large asymmetry on the realities of India’s digital currency, here we try to comprehend what it is and how to move forward. This policy update tries to bring on the discussion on the lights of major characteristics and attributes behind the payment mechanism, its benefits, and challenges ahead.

Public Libraries: From Perfect Theory to Imperfect Reality

This article talks about Public Libraries in the context of the key aspects of public goods, namely, non-excludability and non-rivalry, and how not being limited to this definition, it can also be associated with the characteristics of common property resource (non-excludable but rivalrous) and club goods (non-rivalrous but excludable). This article talks about traditional public libraries as well as the challenges that it faces with the coming up of digital media and the need for public library even in these changing scenarios by incorporating the digital medium of information in traditional libraries. It finally talks about the actual scenario of the Indian Public Libraries based on the case study of District Library Gurdaspur.

Pradhan Mantri Matsya Sampada Yojana: ‘Reform, Perform and Transform’ the Fisheries Sector

The fisheries sector is a direct source of livelihood for more than 20 million fishers and fish farmers and contributes INR 1.75 trillion annually to the gross value added to India's economy. Considering the present and upcoming growth and potential in the fisheries sector in India, PM Matsya Sampada Yojana scheme aims to bring the Blue Revolution through sustainable and responsible development in this sector. It also helps to modernise and strengthen the value chain, enhance traceability and establish a robust fisheries management framework, and, at the same time, ensure the socio-economic welfare of fishers and fish farmers.

Strategic Intervention for Green Hydrogen Transition (SIGHT)

The government of India on August 15, 2021, announced the implementation of a project that encourages the use of green hydrogen. The objective of the project is to reduce dependence on fossil fuels and focuses on de-carbonization. For this, a project has been launched with an estimated budget of around ₹19,744 crores that will create a boom in the production of green hydrogen. With the implementation of this project, the country is expected to witness a surge of investments worth Eight lakh crores rupees with the creation of Six lakh jobs and a cumulative reduction in fossil fuels imports worth Rs One lakh crore.

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