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How can organizations effectively promote accountability and ethical behavior among their employees, and what impact does this have on overall corporate culture and performance?
Organizations can promote accountability and ethical behavior among their employees by implementing several strategies, including: Establishing a strong code of conduct: Develop a clear and concise code of conduct that outlines expected behaviors and consequences for non-compliance. Leadership by exRead more
Organizations can promote accountability and ethical behavior among their employees by implementing several strategies, including:
The impact of promoting accountability and ethical behavior on overall corporate culture and performance is significant:
elaborate on women's role in french revolution
The French Revolution of 1789-1799 was a pivotal moment in history that significantly impacted the role and status of women in French society. Women played a multifaceted and influential role throughout the various stages of the revolution: Women's Activist Movements: The revolution was catalyzed byRead more
The French Revolution of 1789-1799 was a pivotal moment in history that significantly impacted the role and status of women in French society. Women played a multifaceted and influential role throughout the various stages of the revolution:
Analyze the shortcomings in solid waste management in India.
India generates over 1,50,000 tonnes of municipal solid waste (MSW) per day. The per capita waste generation in Indian cities ranges from 200 grams to 600 grams per day. Only about 75-80% of the municipal solid waste gets collected and only 22-28% of this waste is processed and treated. Current systRead more
India generates over 1,50,000 tonnes of municipal solid waste (MSW) per day. The per capita waste generation in Indian cities ranges from 200 grams to 600 grams per day. Only about 75-80% of the municipal solid waste gets collected and only 22-28% of this waste is processed and treated. Current systems in India cannot cope with the volumes of waste generated by an increasing urban population. This has an adverse impact on public health, the environment and the economy. To address these concerns, understanding the shortcomings in solid waste management system in the country is a prerequisite; the following can be highlighted in this context:
At collection level:
At treatment or processing level:
At disposal level:
At society level:
As of now there is indifference in citizens and lack of contribution of people towards waste management. The importance of segregation and recycling is not well understood.
At administrative and policy level:
These shortcomings prove to be a major hindrance in the waste management in India. In this context, new Solid Waste Management Rules (SWM), 2016 may improve SWM system in India as it promotes segregation at source, user fee for collection, compost marketing, promotion of waste to energy etc.
See lessWhat are the domestic support measures available to WTO member countries under the Agreement on Agriculture? Analyse the provision of 'peace clause' in this context.
The Agreement on Agriculture (AOA), was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT), and entered into force with the establishment of the WTO in 1995. It is the first international treaty to recognise a close link between domestic measures and trade policRead more
The Agreement on Agriculture (AOA), was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT), and entered into force with the establishment of the WTO in 1995. It is the first international treaty to recognise a close link between domestic measures and trade policies. One of the key objectives of AoA has been to reduce domestic support, but leaving scope for governments to design domestic agricultural policies.
Types of Domestic Support Measures under AoA
Amber Box: (Production or trade distorting measures)
Blue Box: (‘Amber box with conditions”)
Green Box: (measures with no or minimal trade distortive effects)
Development Box: [S&DT (Special and Differential Treatment) box]
An important provision of the Agriculture Agreement is Due Restraint or ‘Peace Clause’, which was adopted in the 2013 Bali Conference and reaffirmed in the 2015 Nairobi meet by making it perpetual (until a permanent solution is mutually reached). It holds that no member can drag any developing country to the Dispute Settlement Mechanism of WTO for violation of De- minimis limits in AoA, provided that the concerned developing country is:
Issues surrounding Peace Clause
Recently, India has invoked the Peace Clause for exceeding the 10% ceiling on the value of production for rice farmers, marking the first time any country has used this clause.
See lessDiscuss the issues faced by the agricultural marketing system in India.
Agricultural marketing refers to all those processes, which relate to taking the agricultural product from the farmers to the consumers, which includes gathering the agricultural produce, their standardization and grading, value addition (processing and preservation), their storage, transportation aRead more
Agricultural marketing refers to all those processes, which relate to taking the agricultural product from the farmers to the consumers, which includes gathering the agricultural produce, their standardization and grading, value addition (processing and preservation), their storage, transportation and selling in the market. An efficient system of agricultural marketing provides an incentive to take up agriculture as a gainful occupation and reduce unemployment. It also leads to the integration of the different sectors of the economy such as agriculture, industry, etc. A well-organised marketing system makes it possible to make available foodstuffs at different centres and secure non-farm products. Not only it facilitates modernization of agriculture but also helps to maintain stability in the prices by maintaining balance between demands and supply.
However, the agricultural marketing system in India faces a lot of issues such as
To overcome these issues, the government has set up a digital national market (e-NAM), incentivized setting up of FPOs, setting up an agri-marketing infrastructure fund to upgrade agricultural marketing infrastructure in the Grameen Agricultural Markets (GrAMs) and APMCS. Also, the government has introduced institutional reforms that include amending the Essential Commodities Act to remove the existing restrictions on stocking food produce, a new law The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020 to end the monopoly of the APMCs (APMC) and allows anyone to purchase and sell agricultural produce and The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020 to legalise contract farming, so that big businesses and companies can cultivate vast swaths of land on contract.
See lessState the objectives and limitations of the Public Distribution System (PDS) in India. What steps have been taken by the Government to deal with these limitations?
Public distribution system (PDS) is a government-sponsored mechanism entrusted with the work of distributing basic food and non-food commodities to the needy sections of the society at subsidised rates. The system is operated jointly by the Central and the state governments. It has following objectiRead more
Public distribution system (PDS) is a government-sponsored mechanism entrusted with the work of distributing basic food and non-food commodities to the needy sections of the society at subsidised rates. The system is operated jointly by the Central and the state governments.
It has following objectives
It is supplemental in nature and is not intended to make available the entire requirement of any of the commodities distributed under it to a household or section of the society. Yet, it acts as a safety net for a large section of the population.
Limitations of PDS In India
Some recent steps taken by government
To improve the PDS further, Wadhwa Committee (2006) and Shanta Kumar Committee (2015) have suggested universalisation of PDS, gradual introduction of cash transfers (DBT) and food coupons. A Universal Basic Income may also be introduced to do away with multiple subsidies existing in India.
See lessHighlight the various measures of money supply used by the RBI in India.
The total stock of money in circulation among the public at a particular point of time is called money supply. It consists of currency, printed notes, money in the deposit accounts and in the form of other liquid assets. It does not include other forms of wealth such as long-term investments or physRead more
The total stock of money in circulation among the public at a particular point of time is called money supply. It consists of currency, printed notes, money in the deposit accounts and in the form of other liquid assets. It does not include other forms of wealth such as long-term investments or physical assets that must be sold to convert to cash. It also does not include various forms of credit, such as loans, mortgages, and credit cards. The amount of money supply in the economy is crucial as it affects the production, price level, and employment in the economy. The central bank of the country (RBI) publishes following measures of money supply:
Reserve Money (M0): It is the base level for the money supply or the high-powered component of the money supply. It constitutes currency in circulation, Bankers’ deposits with the RBI and ‘other’ deposits with the RBI.
Narrow Money: It typically covers the most liquid form of money that can be easily converted into currency or used for cashless payments for transaction and commerce purposes. RBI publishes M1 and M2 as the two measures of narrow money:
M1: It consists of currency (notes plus coins) held by public and net Demand deposits held with the commercial banks and ‘other’ deposits with the RBI. This is the most liquid and easiest money available for transactions.
M2: It consists of M1 plus Savings deposits with the Post Office Saving banks.
Broad Money: It is a broad classification of money that includes time deposits along with currency in circulation and demand deposits with banks and post offices. They are less liquid than the narrow money. RBI publishes:
M3: It consists of M1 plus net time deposits of commercial banks. It captures the complete balance sheet of the banking sector and is known as aggregate monetary resources. It is the most common measure used for money supply.
M4: M3 plus all deposits with the post office saving banks (excluding National Savings Certificates). Since total deposits with post offices are negligible, there is not much difference between M3 and M4.
In terms of liquidity, these can be arranged as- M1>M2>M3>M4. ‘Other’ deposits with RBI comprise mainly: (i) deposits of quasi-government and other financial institutions including primary dealers, (ii) balances in the accounts of foreign Central banks and Governments, (iii) accounts of international agencies such as the International Monetary Fund, etc. Valuation and analysis of the money supply in the economy helps the policy makers to frame or to alter the monetary policy.
See lessHow important it is to redefine Human Values for the youth now as they have almost forgotten it?
Re-defining human values for the youth is crucial in today's rapidly changing world. While traditional values such as empathy, kindness, and respect for authority were once deeply ingrained in society, many young people today may have forgotten or not been taught these values. This can be attributedRead more
Re-defining human values for the youth is crucial in today’s rapidly changing world. While traditional values such as empathy, kindness, and respect for authority were once deeply ingrained in society, many young people today may have forgotten or not been taught these values. This can be attributed to various factors, including:
Re-defining human values for the youth is essential for several reasons:
To re-define human values for the youth, educators, parents, and mentors can:
extracurricular activities
Extracurricular activities can significantly contribute to students' future career success in several ways: Development of soft skills: Extracurricular activities help students develop essential soft skills like teamwork, communication, leadership, time management, and problem-solving, which are higRead more
Extracurricular activities can significantly contribute to students’ future career success in several ways:
Free Education Policy
India has made significant strides in increasing access to education, but there are several reasons why it hasn't implemented a completely free education system like the one in the United States: Historical context: Education in India has a different historical context compared to the United States.Read more
India has made significant strides in increasing access to education, but there are several reasons why it hasn’t implemented a completely free education system like the one in the United States: