Editorials, GS-3, Science & Tech, Uncategorized

Fourth Industrial Revolution

CEOs, political leaders, social entrepreneurs, technologists and other global leaders are all at Davos to further the World Economic Forum’s mission of improving the state of the world. But, the big buzz at the World Economic Forum (WEF) in Davos this year is about the ‘Fourth Industrial Revolution’. What is Fourth Industrial Revolution? As described… Continue reading Fourth Industrial Revolution

Editorials, Uncategorized

India’s Start-up Policy

Article Link As part of a bunch of measures that constitute the action plan for government’s start-up initiative, the centre will shortly be setting up a Fund of Funds that would invest in private venture capital funds. The fund will be set up with the initial corpus of 10,000 crore (about $1.5 billion). However, it… Continue reading India’s Start-up Policy

GS-3, Indian Economy, Uncategorized

Power Tariff Policy

What is the policy? Tariff policy for power is governed under the Electricity Act. The policy is the guiding principle for setting power rates, power purchase agreements, sale and purchase of coal and power – both conventional and renewable energy Why was it revised? The policy revision was undergoing since 2006 in wake of increasing… Continue reading Power Tariff Policy