EUs Support to Southeast Asia: Climate Change

The European Union (EU) has earmarked millions of euros for supporting climate friendly development in Southeast Asia. After the EU became a “strategic partner” of the Association of the Southeast Asian Nations (ASEAN) bloc in December 2020, both blocs pledged to make climate change policy a key area of cooperation. EUs Support to Southeast Asia: Climate Change EUs Assistance

Monetary Policy Report: RBI

The Reserve Bank of India (RBI) has released the Monetary Policy Report for the month of April 2021. Monetary Policy Report: RBI Unchanged Policy Rates: Repo Rate – 4%. Reverse Repo Rate – 3.35%. Marginal Standing Facility (MSF) – 4.25%. Bank Rate- 4.25%. GDP Projection: Real Gross Domestic Product (GDP) growth for 2021-22 has been retained at 10.5%. Inflation: RBI has revised the projection for Consumer Price

India’s Maritime Doctrine

Recently, soon after Joe Biden became the president of the US, the new US secretary of defense visited India. The interesting takeaway of this visit was the specific mention to pursue enhanced cooperation between the Indian armed forces and the US maritime forces. This underlined the strategic importance of India in US foreign policy, especially

National Action Plan on Business and Human Rights

India endorsed the United Nations Guiding Principles (UNGP) on Business and Human Rights more than a decade ago. Accordingly, it has to evolve a National Action Plan on Business and Human Rights (NAP) detailing actions to ensure businesses do not violate human rights. In this pursuit, the Indian government formally announced that it would develop

Decentralizing Climate Assistance

Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) has made immense contributions towards livelihood security and the creation of durable assets in rural areas. While MGNREGA has been a valuable employment tool and safety net, as seen in the migrant crisis, its role in building ecosystems resilient to the climate crisis is being increasingly recognized. A

India-Russia Foreign Ministers Meet

To build on the common “resilient” ground, Indian and Russian Foreign Ministers addressed each other’s concerns on a wide range of issues. The issues range from defence supplies to the S-400 air defence system, India’s role in Afghanistan and Taliban’s involvement in power-sharing to cooperation on Covid vaccines and India’s participation in the Quad grouping. India-Russia Foreign Ministers Meet: Discussed Cooperation in Following Sectors:

Ukraine’s Bid to Join NATO

Ukrainian President urged the North Atlantic Treaty Organization (NATO) to speed up his country’s membership in the alliance. Ukraine hopes to be invited this year to join a NATO Membership Action Plan (MAP). Ukraine’s Bid to Join NATO: Reasons for Ukraine to Join NATO: Ukraine is of the opinion that joining NATO is the only way to

Opium Poppy Straw

The Central government has decided to rope in the private sector to commence production of concentrated poppy straw (CPS) from India’s opium crop to boost the yield of alkaloids, used for medical purposes and exported to several countries. Opium Poppy Straw: Poppy Straw: Poppy straw is the husk left after the opium is extracted from pods. This poppy straw

Anamaya: Tribal Health Collaborative

Recently, the Ministry of Tribal Affairs has launched Tribal Health Collaborative (THC) ‘Anamaya’ through a video conference. In 2018, an expert committee released a comprehensive report on tribal health in India which highlighted the issues and concerns of tribal health. Anamaya: Tribal Health Collaborative About: It is an initiative bringing together governments, philanthropists, national and international foundations, Non-Governmental Organizations (NGOs)/Community Based

NABARD Registers 24% Growth

National Bank for Agriculture and Rural Development (NABARD) closed its business at Rs. 6.57 lakh crore in FY 2020-21, recording a growth rate of 23.5%. NABARD Registers 24% Growth NABARD’s Business in 2020-21: Under Aatmanirbhar Bharat Abhiyan, NABARD released amounts to cooperative banks,Regional Rural Banks (RRBs) and to NBFC-MFIs (Non-Banking Financial Company: Micro Finance Institution) through a Special Liquidity Facility (SLF). The

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