Category Policy Update

Beijing Peace Plan

Beijing Peace Plan

At the Munich Security Conference on February 18, Wang Yi (Member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Commission for Foreign Affairs) emphasized that “Human Society must not repeat the old path of antagonism and must not fall into the trap of Zero-sum game, war and conflict”. Therein he announced that the Chinese side would propose its position on the political settlement of the Ukraine crisis. On February 24, the Chinese Foreign Ministry released its 12-point peace plan.
LiFE Lifestyle for Environment

  LiFE (Lifestyle for Environment)

Environmental sustainability refers to ecological balance, and for nearly two thousand years, humans have been carbonizing and degrading our planet, which has contributed to global climate change that is making existence on this planet worrisome. To cope with this issue and achieve a sustainability mission, LiFE was introduced with its proactive global implementation that will bring substantial co-benefits in terms of reducing inequalities in energy consumption, mitigation of air pollution, cost savings, and improvements in well-being and health. Our country is witnessing various challenges, such as a rise in atmospheric CO2 that had never crossed 300 ppm for the last 800,000 years has reached 420 ppm and is still rising, Himalayan ice sheets are melting at a very high pace that is 10 times faster at the last 4 decades than in the last 7 centuries, global sea level is expected to rise 2-6 feet by 2100, and global economy will lose around  18% of GDP by 2050 if no climate action is taken.

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.