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Editorials/Opinions Analysis For UPSC 19 July 2022


Editorials/Opinions Analysis For UPSC 19 July 2022


Contents

  1. The Rupee fall: Where it is heading
  2. Orderly transition from coal to renewables

The Rupee fall: Where It Is Heading


Context

When the rupee depreciates, buying (importing) something from outside India becomes costlier.

But if one is trying to sell (export) goods and services to the rest of the world (especially the US), a falling rupee makes India’s products more competitive.

Relevance

Mains GS Paper III: Fiscal policy, Monetary policy, Impact of free fall of the rupee.

Mains Question

Why are countries raising interest rates? What measures has the RBI taken to cushion the fall of the rupee? (250 words)

Click Here To Read More: The Rupee fall: Where It Is Heading


Orderly transition from coal to renewables


Context

  • Following the Ukraine-Russia war, commodity prices, particularly energy prices, have risen globally, raising concerns about energy security.
  • Additionally, in 2021, India’s thermal power plants had an average of four days’ worth of coal stock against a recommended level of 15-30 days, with a number of states expressing concerns about blackouts due to the coal shortage.
  • In addition, for the first time since 2015, Coal India imported the fuel in 2021 for use by state and private power generation companies.

Relevance

GS Paper – 3– Mineral & Energy Resource, Energy Security, Location & Distribution of the Industries, Distribution of Key Natural Resources

Mains Question

What are the main types of coal in India? Discuss various issues concerning coal mining in India. (150 Words)

Click Here To Read More: Orderly transition from coal to renewables



 

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