Editorials/Opinions Analysis For UPSC 27 December 2022
Contents
- Ban on the Agri-commodities Trading
- Zero Covid policy
Ban on the Agri-Commodities Trading
Context
SEBI recently extended the ban on futures trading in seven agricultural commodities, including derivatives of two crops, which had been in effect since December 20, 2021.
Relevance:
GS Paper-3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment; Commodity Market in India.
Mains Question
What exactly is commodity trading? Also, what are the advantages and disadvantages of commodity trading? (250 Words)
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Zero Covid Policy
Context
Since the initial outbreak in Wuhan, China, in 2019, the world has seen multiple repeated waves of COVID-19 infections.
This was largely driven by emerging variants of concern (VOCs) of the causative virus, SARS-CoV-2.
However, China remained successful in containing the disease’s spread until recently due to its zealous “zero-COVID” policy.
As a result of the abrupt repeal of the policy, the country is now experiencing an increase in COVID-19 cases.
Relevance
GS Paper – 2: Health, Government Policies & Interventions
Mains Question
The COVID-19 pandemic has called into question WHO’s authority to issue challenges to states during major outbreaks. In light of this statement, critically examine WHO’s role as a global health leader. (250 Words)
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