Sign Up

Have an account?

Sign In

Don't have account,

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.


Have an account?

Sorry, you do not have permission to ask a question, You must login to ask a question.

Need An Account,

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Search
Ask A Question

Indian Economy

Share
Followers
155 Answers
1k Questions
Home/Indian Economy/Page 30

Mains Answer Writing Latest Questions

Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

What obstacles does crop diversification face today? In what ways may developing technology help diversify agricultural production? (250 words) [UPSC 2021]

upsc: cropping pattern
  1. Aadhav Sharma
    Aadhav Sharma Enthusiast

    Present Challenges Before Crop Diversification **1. Monoculture Dependency: Many regions in India rely heavily on monoculture, particularly the cultivation of a single crop like paddy or wheat, due to traditional practices and market incentives. This dependency limits the adoption of diverse croppinRead more

    Present Challenges Before Crop Diversification

    **1. Monoculture Dependency: Many regions in India rely heavily on monoculture, particularly the cultivation of a single crop like paddy or wheat, due to traditional practices and market incentives. This dependency limits the adoption of diverse cropping systems.

    **2. Inadequate Infrastructure: The lack of sufficient irrigation facilities, market access, and storage infrastructure hampers the ability of farmers to switch to new or diverse crops. For example, regions with insufficient irrigation often focus on water-intensive crops like paddy.

    **3. Economic Viability: Farmers may be reluctant to diversify due to the economic risks associated with new crops, such as uncertain market prices and yield. For instance, growing high-value crops like fruits and vegetables requires investment and risk management which many smallholders might not afford.

    **4. Lack of Knowledge and Extension Services: There is often a knowledge gap about the benefits and techniques of crop diversification. Agricultural extension services may be insufficient in providing the necessary training and support to farmers.

    Emerging Technologies Providing Opportunities for Crop Diversification

    **1. Precision Agriculture: Technologies like drones, satellite imagery, and soil sensors help in assessing soil health and optimizing crop selection. For instance, Precision Farming provides data on soil conditions that can guide farmers in choosing appropriate crops for their land.

    **2. Genetic Engineering: Advances in crop genetics have led to the development of drought-resistant and high-yielding varieties of diverse crops. The introduction of GM crops like Bt cotton and biofortified crops helps in adapting to varying climatic conditions.

    **3. Climate-Smart Agriculture: Climate-resilient farming practices supported by technology, such as drip irrigation and rainwater harvesting, enable farmers to cultivate a variety of crops even under adverse weather conditions.

    **4. Digital Platforms: Agri-tech platforms and mobile apps provide real-time market information, weather forecasts, and expert advice, helping farmers make informed decisions about crop diversification. For example, apps like Kisan Suvidha offer critical insights that support crop diversification strategies.

    **5. Supply Chain Innovations: Cold storage solutions and efficient logistics supported by technology improve the marketability and shelf-life of diverse crops, encouraging farmers to grow high-value crops like fruits and vegetables.

    Conclusion: While crop diversification faces challenges such as monoculture dependency, inadequate infrastructure, and economic risks, emerging technologies offer significant opportunities to overcome these barriers. By leveraging precision agriculture, genetic engineering, climate-smart practices, and digital platforms, farmers can enhance their ability to diversify crops, leading to more resilient and sustainable agricultural systems.

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Roadmap for Answer Writing 1. Introduction Context of Food Security in India: Briefly introduce the issue of food security and malnutrition in India, emphasizing the need for a legislative approach. Fact: India has one of the highest numbers of people facing hunger globally. ...

upsc: farm subsidies & food security
  1. Team
    Best Answer
    Team Supreme

    Model Answer Introduction The National Food Security Act (NFSA), enacted in 2013, aims to provide subsidized food grains to approximately two-thirds of India's population. This landmark legislation marked a significant shift in India's approach to food security, transitioning from a welfare-based moRead more

    Model Answer

    Introduction

    The National Food Security Act (NFSA), enacted in 2013, aims to provide subsidized food grains to approximately two-thirds of India’s population. This landmark legislation marked a significant shift in India’s approach to food security, transitioning from a welfare-based model to a rights-based framework.

    Salient Features of the NFSA

    1. Coverage and Entitlement: The Act covers up to 75% of the rural population and 50% of the urban population under the Targeted Public Distribution System (TPDS). Each individual is entitled to 5 kg of food grains per month, while Antyodaya households receive 35 kg per household per month.
    2. Identification of Households: States and Union Territories are responsible for identifying eligible households.
    3. Women Empowerment: The eldest woman (aged 18 years or above) in a household is recognized as the head for issuing ration cards.
    4. Maternity Benefits: Pregnant women and lactating mothers (PWLM) are entitled to maternity benefits of at least ₹6,000.
    5. Nutritional Support: PWLM and children aged 6 months to 14 years are entitled to meals according to prescribed nutritional norms under the Integrated Child Development Services (ICDS) and Mid-Day Meal (MDM) schemes.
    6. Grievance Redressal: The Act establishes a dedicated mechanism for grievance redressal at both district and state levels.
    7. Transparency and Accountability: Provisions for social audits, vigilance committees, and disclosure of Public Distribution System (PDS) records are included.
    8. Food Security Allowance: Beneficiaries are entitled to a food security allowance in case of non-supply of entitled food grains or meals.

    Impact on Hunger and Malnutrition

    The NFSA has significantly contributed to reducing hunger and malnutrition in India. According to a UN report, the number of undernourished people in India decreased by 60 million between 2006 and 2019. The Food and Agriculture Organization (FAO) reported that undernourishment fell from 22% to 15% during this period. The wide coverage of the Act has enhanced food security among the poor, increasing their resilience against income shocks. Additionally, stunting in children under five years of age has declined from 38% in NFHS-4 to 35% in NFHS-5. The monetary compensation provided to PWLM has improved access to healthier food options, and awareness initiatives have increased exclusive breastfeeding rates among infants from 11.2 million in 2012 to 13.9 million in 2019.

    Conclusion

    While the NFSA has been a game changer in addressing food security, challenges remain, including high levels of hunger and anemia among women. Moving towards nutritional security is essential, and recommendations from various committees must be implemented for effective execution of the NFSA.

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Roadmap for Answer Writing 1. Introduction Define V-shaped Recovery: Briefly explain what constitutes a V-shaped recovery—characterized by a sharp decline followed by a rapid and sustained recovery. Thesis Statement: State your position on whether you agree or disagree with the notion of a ...

upsc: evolution of indian economy & reforms
  1. Team
    Team Supreme

    Model Answer Introduction A V-shaped recovery is characterized by a quick and sustained recovery in economic performance following a sharp decline. The Indian economy's recent performance, especially in the aftermath of the pandemic, leads to a compelling discussion on whether it represents such a rRead more

    Model Answer

    Introduction

    A V-shaped recovery is characterized by a quick and sustained recovery in economic performance following a sharp decline. The Indian economy’s recent performance, especially in the aftermath of the pandemic, leads to a compelling discussion on whether it represents such a recovery.

    Body

    Indicators of V-Shaped Recovery

    1. GDP Growth: India’s GDP grew by an impressive 20% in the first quarter (Q1) of FY 2021-22 compared to the same quarter in FY 2020-21, indicating a strong rebound from the economic downturn caused by COVID-19.
    2. Rise in Government Expenditure: The Indian government significantly increased its capital expenditure as part of the Atmanirbhar Bharat package. This surge in spending has positively impacted various sectors, facilitating a broad-based recovery.
    3. Revival of Consumption and Trade: The services sector has shown robust recovery, with consumption and investment rebounding. Notably, India’s exports and imports have returned to pre-pandemic levels, with some areas even surpassing them.
    4. Record GST Collections: The Goods and Services Tax (GST) collections have consistently exceeded ₹1 lakh crore for several months, indicating ongoing economic activity and recovery.

    Counterpoints for Consideration

    Despite the positive indicators, some experts argue for a K-shaped recovery, highlighting vulnerabilities in specific sectors like logistics and hospitality, which remain affected by social distancing. Additionally, the digital economy’s expansion has benefitted certain sectors while constraining traditional manufacturing. Furthermore, global economic factors, such as disruptions in the import of raw goods, have impacted domestic recovery unevenly.

    Conclusion

    While there are compelling arguments supporting the notion of a V-shaped recovery in the Indian economy, ongoing challenges and disparities suggest a nuanced reality. The Indian economy has demonstrated resilience but continues to face sector-specific hurdles, indicating a mixed recovery trajectory.

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Roadmap for Answer Writing 1. Introduction Context of Water Scarcity: Introduce the issue of water scarcity in India, highlighting the disparity between population and water resources. Fact: India has 18% of the world’s population but only 4% of its freshwater resources. (Source: World ...

upsc: irrigation
  1. Team
    Best Answer
    Team Supreme

    Model Answer Introduction Water scarcity is a pressing issue in India, where the country has 18% of the world's population but only 4% of its freshwater resources. Agriculture is the largest consumer of this limited water supply, emphasizing the need for efficient irrigation methods. Micro-irrigatioRead more

    Model Answer

    Introduction

    Water scarcity is a pressing issue in India, where the country has 18% of the world’s population but only 4% of its freshwater resources. Agriculture is the largest consumer of this limited water supply, emphasizing the need for efficient irrigation methods. Micro-irrigation, which includes techniques like drip and sprinkler irrigation, offers a promising solution to this challenge.

    Body

    Benefits of Micro-Irrigation

    1. Reduction in Water Consumption
      • Fact: Micro-irrigation can reduce agricultural water demand by 30-50% by delivering water directly to the root zone, minimizing losses through conveyance, runoff, and evaporation.
      • Source: National Mission for Sustainable Agriculture.
    2. Decreased Dependence on Groundwater
      • Fact: This method is particularly effective in dryland farming areas where groundwater aquifers are depleting. It significantly lowers electricity consumption, as less water needs to be pumped.
      • Source: Ministry of Agriculture and Farmers’ Welfare.
    3. Sustainability
      • Fact: Micro-irrigation can replace flood irrigation, which causes ecological issues like groundwater pollution and salinity. Localized application helps prevent nutrient leaching, preserving soil health.
      • Source: Indian Council of Agricultural Research (ICAR).
    4. Scalability
      • Fact: Currently, less than 50% of agricultural land is irrigated, with over 80% of farmers being smallholders. Micro-irrigation can reduce dependency on monsoons and enhance resilience against drought.
      • Source: NABARD (National Bank for Agriculture and Rural Development).

    Limitations of Micro-Irrigation

    1. Affordability Challenges
      • The initial investment for micro-irrigation systems can be prohibitive for small and marginal farmers, limiting widespread adoption.
    2. Maintenance Costs
      • Regular maintenance of tubes and sprinklers can be burdensome for small farmers, given the small size of their landholdings.
    3. Crop Choices
      • Micro-irrigation may not alleviate water stress caused by poor agro-climatic choices, such as the cultivation of water-intensive crops like sugarcane and paddy in regions where water is already scarce.

    Conclusion

    Micro-irrigation has significant potential to alleviate India’s water crisis, especially in water-scarce regions. However, it should be part of a broader strategy that includes water conservation, improved water storage, and a shift in cropping patterns to maximize its effectiveness.

    See less
Sarayu Nayar
  • 0
Sarayu NayarBegginer
Asked: August 22, 2024In:
  • 0

Roadmap for Answer Writing 1. Introduction Define land reforms and their significance in the agricultural context. Briefly state the objective of land reforms: improving socio-economic conditions of marginal and small farmers. 2. Historical Context of Land Reforms Overview of land reform movements in India post-independence. Mention ...

upsc: land reforms
  1. Team
    Team Supreme

    Model Answer Introduction Land reforms in India have played a pivotal role in improving the socio-economic conditions of marginal and small farmers, focusing on enhancing their security, productivity, and access to resources. Secure Land Tenure One of the primary benefits of land reforms is the provRead more

    Model Answer

    Introduction

    Land reforms in India have played a pivotal role in improving the socio-economic conditions of marginal and small farmers, focusing on enhancing their security, productivity, and access to resources.

    Secure Land Tenure

    One of the primary benefits of land reforms is the provision of secure land tenure. By ensuring clear land titles, farmers gain confidence to invest in their land. For instance, in Kerala, land reforms have resulted in more secure land holdings, encouraging farmers to adopt better agricultural practices, which ultimately leads to increased productivity.

    Access to Credit

    Land reforms have also facilitated better access to credit for farmers. With digitized land records, farmers can use their land as collateral to obtain loans. In Karnataka, this has enabled farmers to secure bank loans for purchasing seeds and equipment, significantly boosting agricultural productivity.

    Reduction of Disputes

    Modernizing land records has led to a reduction in land-related disputes, creating a more stable agricultural environment. The Digital India Land Records Modernization Programme (DILRMP) has been particularly effective in states like Andhra Pradesh, where it has significantly decreased disputes over land ownership.

    Enhanced Agricultural Productivity

    Consolidation of fragmented land holdings through land reforms allows farmers to utilize mechanization and improved farming techniques. In Punjab, for example, land consolidation efforts have resulted in higher yields and more efficient farming operations.

    Empowerment of Marginalized Communities

    Land reforms have empowered marginalized groups, including small farmers and women, by providing them with legal ownership of land. The SVAMITVA Scheme in Haryana has granted property rights to villagers, enhancing their social and economic status.

    Conclusion

    In conclusion, land reforms in India have significantly improved the socio-economic conditions of marginal and small farmers by providing secure land tenure, enhancing access to credit, reducing disputes, increasing productivity, and empowering marginalized communities.

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Make a distinction between the revenue and capital budgets. Describe the parts of these two budgets. (150 words) [UPSC 2021]

upsc: government budgeting & public finance
  1. Aradhya Dutta
    Aradhya Dutta Begginer

    Capital Budget और Revenue Budget के बीच अंतर **1. मुख्य अंतर: Capital Budget: यह बजट दीर्घकालिक निवेश और पूंजीगत खर्चों को दर्शाता है, जैसे कि विकास परियोजनाएँ, इन्फ्रास्ट्रक्चर और अस्थायी संपत्तियों की खरीद। इसका उद्देश्य स्थायी संपत्ति का निर्माण और मौजूदा संपत्तियों का नवीनीकरण है। Revenue BudgetRead more

    Capital Budget और Revenue Budget के बीच अंतर

    **1. मुख्य अंतर:

    • Capital Budget: यह बजट दीर्घकालिक निवेश और पूंजीगत खर्चों को दर्शाता है, जैसे कि विकास परियोजनाएँ, इन्फ्रास्ट्रक्चर और अस्थायी संपत्तियों की खरीद। इसका उद्देश्य स्थायी संपत्ति का निर्माण और मौजूदा संपत्तियों का नवीनीकरण है।
    • Revenue Budget: यह बजट दैनिक परिचालन खर्चों और नियमित आय को कवर करता है, जैसे कि वेतन, सब्सिडी, और वेतन। इसका उद्देश्य प्रशासनिक कार्यों और सार्वजनिक सेवाओं का समर्थन करना है।

    **2. Capital Budget के घटक:

    • पूंजीगत व्यय: नए पूंजीगत निवेश, जैसे कि सड़क निर्माण, सिंचाई परियोजनाएँ, और शिक्षा और स्वास्थ्य के लिए इन्फ्रास्ट्रक्चर।
    • लंबी अवधि के ऋण: सरकार द्वारा लिया गया लंबा अवधि का ऋण जो नए प्रोजेक्ट्स को फंड करता है।

    **3. Revenue Budget के घटक:

    • राजस्व व्यय: दैनिक संचालन के खर्च, जैसे कि वेतन, पेंशन, और सामाजिक कल्याण योजनाएँ।
    • राजस्व प्राप्तियाँ: कर राजस्व (जैसे GST, आयकर) और गैर-कर राजस्व (जैसे सरकारी संपत्तियों से आय)।

    उदाहरण: वित्तीय वर्ष 2021-22 में, राष्ट्रीय अवसंरचना पाइपलाइन योजना के तहत सड़क निर्माण और आवास परियोजनाएँ Capital Budget का हिस्सा थीं, जबकि स्वास्थ्य और शिक्षा के लिए खर्च Revenue Budget में शामिल थे।

    निष्कर्ष: Capital Budget दीर्घकालिक निवेश और स्थायी विकास को फंड करता है, जबकि Revenue Budget रोजमर्रा के खर्चों और सेवाओं के लिए आवंटित होता है। दोनों बजट सरकार की वित्तीय योजनाओं और प्राथमिकताओं को दर्शाते हैं।

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Roadmap for Answer Writing 1. Introduction Definition of GDP: Briefly define GDP and its significance as a measure of economic activity. Context of Change: Mention the major overhaul of GDP calculation methodology in 2015 to align with international standards. 2. Body A. Key Differences in ...

upsc: economic planning
  1. Team
    Best Answer
    Team Supreme

    Model Answer Introduction Gross Domestic Product (GDP) measures the economic value of a country's activities, representing the market value of all goods and services produced in a specific period. In 2015, India overhauled its GDP calculation methodology to align with international standards, enhancRead more

    Model Answer

    Introduction

    Gross Domestic Product (GDP) measures the economic value of a country’s activities, representing the market value of all goods and services produced in a specific period. In 2015, India overhauled its GDP calculation methodology to align with international standards, enhancing the accuracy and comprehensiveness of economic assessments.

    Body

    Key Differences in Methodology

    1. Change in Base Year
      • Before 2015: The base year for GDP calculation was 2004-05.
      • After 2015: The base year was updated to 2011-12. This change aligns with global practices to more accurately reflect economic conditions.
    2. Broadening of Database
      • Before 2015: The manufacturing sector’s performance relied on the Index of Industrial Production (IIP) and the Annual Survey of Industries (ASI), covering around 200,000 companies.
      • After 2015: The methodology expanded to include annual accounts filed with the Ministry of Corporate Affairs (MCA 21), encompassing about 500,000 companies, providing a more comprehensive view of the economy.
    3. GDP Calculation Method
      • Before 2015: GDP was calculated at factor cost.
      • After 2015: The calculation shifted to GDP at market price, incorporating product subsidies and taxes. For sector-wise estimation, Gross Value Added (GVA) at basic price is now used, reflecting international practices.
    4. Calculation of Labour Income
      • Before 2015: Labour income was uniformly calculated without differentiation.
      • After 2015: The concept of “effective labour input” was introduced, assigning different weights based on the type of labour, such as owners, hired professionals, or helpers.
    5. Coverage of Agriculture and Financial Sector
      • Before 2015: Only farm produce was considered for agricultural income.
      • After 2015: The methodology includes value addition from livestock and broader financial sector activities, such as those involving stock brokers and mutual funds, enhancing accuracy in these critical sectors.

    Conclusion

    The shift in India’s GDP calculation methodology demonstrates a dynamic approach to economic measurement. The updated method is statistically more robust, incorporating a wider array of indicators and factors that respond effectively to contemporary economic changes.

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

An integrated farming system: what is it? How does it benefit India’s small-scale and marginal farmers? (250 words) [UPSC 2022]

upsc: cropping pattern
  1. Anita Dhruw
    Anita Dhruw Legend

    It is an integrated farm system that deals with a unit of a farm, integrating diverse farming practices within it. Usually, crop production is combined with livestock production on the same unit such as poultry, dairy, piggery, aquaculture, and agroforestry (tree cultivation). Benefits for small andRead more

    It is an integrated farm system that deals with a unit of a farm, integrating diverse farming practices within it. Usually, crop production is combined with livestock production on the same unit such as poultry, dairy, piggery, aquaculture, and agroforestry (tree cultivation).

    Benefits for small and marginal farmers in India
    Income diversification : IFS allows multiple sources of income and diversifies income; hence, not dependent on single crops, thereby raising overall profitability.
    -Resource Efficiency: Animal waste is applied as manure to crops thereby reducing the dependence on external inputs. Water usage is optimized throughout the different parts.
    -Improved Soil Health: Legumes and cover crops contribute to soil fertility; hence, lesser chemical fertilizers are required.
    -Risk Mitigation: The crop failure because of weather or pests is minimized with diversification.
    -Enhanced Food Security: It provides the farmer’s family with a well-balanced diet, and it could also be offered to the local community.
    Environmental Sustainability: It supports organic farming, which is also sustainable and decreases the environmental footprint of agriculture.

     

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Roadmap for Answer Writing 1. Introduction Briefly define agricultural marketing and its significance in the agricultural value chain. State the relevance of understanding bottlenecks in both upstream and downstream processes. 2. Upstream Bottlenecks APMC Obligations Farmers must sell at APMC Mandis, limiting their ability to seek ...

upsc: storage transport & marketing in agriculture
  1. Team
    Best Answer
    Team Supreme

    Model Answer Introduction Agricultural marketing in India encompasses the movement of agricultural products from farms to consumers, playing a crucial role in the agricultural value chain. Effective marketing can streamline supply chains, reduce post-harvest losses, and enhance farmers' incomes whilRead more

    Model Answer

    Introduction

    Agricultural marketing in India encompasses the movement of agricultural products from farms to consumers, playing a crucial role in the agricultural value chain. Effective marketing can streamline supply chains, reduce post-harvest losses, and enhance farmers’ incomes while keeping consumer prices affordable.

    Upstream Challenges

    APMC Obligations

    Farmers often must sell their produce at Agricultural Produce Market Committees (APMC) Mandis, even when better prices are available in private markets. This compulsory selling limits their earning potential.

    Inadequate Market Information

    Farmers and consumers frequently lack access to accurate market information. Middlemen often possess better knowledge of prices and stocks, exacerbating the situation. Many farmers are unaware of government initiatives like e-NAM (National Agriculture Market) and Negotiable Warehouse Receipts (NWRs), further hindering their market access.

    Lack of Credit

    A significant bottleneck is the limited access to formal credit. According to NABARD, only 60% of small and marginal farmers receive formal credit, forcing many to resort to distress sales to meet urgent cash needs.

    Poor Standardization and Grading

    The absence of proper standardization and grading leads to quality issues, making it difficult for consumers to purchase reliable products, which adversely affects farmers’ earnings due to price variability.

    Downstream Challenges

    Demand-Supply Mismatch

    While the demand for agricultural products has increased with rising purchasing power, supply remains constrained due to a lack of diversification and high post-harvest losses, mainly from inadequate storage.

    Storage and Transportation Issues

    Many farmers lack access to adequate storage and transportation facilities, leading to high transportation costs and poor market connectivity. Existing storage facilities are often insufficient and underutilized, compelling farmers to sell perishables at distress prices.

    Regulatory Constraints

    Regulatory frameworks like the Essential Commodities Act, 1955, hinder private investment in warehouse construction, as it can be misinterpreted as hoarding.

    Export Competition

    Indian agricultural products face stiff competition from imports, such as dairy from New Zealand and Basmati rice from Pakistan. Non-tariff barriers and increasing protectionism have further impacted exports.

    Conclusion

    Despite government efforts to enhance agricultural marketing, significant challenges persist. Raising awareness among farmers and stakeholders, improving systems like e-NAM, and promoting direct selling initiatives are essential for advancing agricultural marketing in India.

    See less
Team
  • 0
TeamSupreme
Asked: August 22, 2024In:
  • 0

Do you believe that by 2030, renewable energy sources will account for half of India’s energy needs? Explain your response. How can switching subsidies from fossil fuels to renewable energy sources aid in achieving the aforementioned goal? Describe. (250 words) ...

upsc: energy
  1. Asha Patil
    Asha Patil Begginer

    India's Renewable Energy Goals for 2030 **1. Feasibility of Meeting 50% Renewable Energy Target: India's Commitment: India has set a target of achieving 50% of its energy needs from renewable sources by 2030 as part of its Nationally Determined Contributions (NDCs) under the Paris Agreement. This amRead more

    India’s Renewable Energy Goals for 2030

    **1. Feasibility of Meeting 50% Renewable Energy Target:

    • India’s Commitment: India has set a target of achieving 50% of its energy needs from renewable sources by 2030 as part of its Nationally Determined Contributions (NDCs) under the Paris Agreement. This ambitious goal is supported by significant investments in solar and wind energy.
    • Current Progress: As of early 2024, India has achieved around 25% of its total installed capacity from renewable sources, with a notable increase in solar and wind installations. For instance, India’s solar power capacity reached 64.7 GW by March 2023, and the government is actively working to expand this further.

    **2. Recent Developments:

    • International Partnerships: India’s involvement in international initiatives, such as the International Solar Alliance (ISA), helps in mobilizing resources and technology for renewable energy projects.
    • Policy Support: Policies like the National Solar Mission and the Green Energy Corridor aim to boost renewable energy integration and grid stability.

    **3. Role of Subsidy Shift in Achieving Targets:

    • Reducing Fossil Fuel Dependence: Shifting subsidies from fossil fuels to renewables would reduce the financial burden on renewable energy projects and make them more competitive. Currently, fossil fuel subsidies distort market prices and delay the transition to cleaner energy.
    • Encouraging Investment: Redirecting subsidies to renewables would incentivize private sector investment and lower the cost of renewable technologies. For example, the Government of India’s Production Linked Incentive (PLI) scheme for solar modules aims to enhance domestic manufacturing and reduce costs.
    • Supporting Infrastructure: Subsidies can be used to develop necessary infrastructure, such as battery storage and smart grids, which are essential for managing the intermittency of renewable energy sources.

    **4. Challenges and Mitigation:

    • Grid Stability: Integrating a high share of renewables requires upgrades in grid infrastructure to handle variable energy supplies. Investments in smart grids and energy storage solutions are crucial.
    • Policy and Regulatory Framework: Ensuring consistent and supportive policies is essential for attracting investments and achieving targets. The Renewable Purchase Obligation (RPO) mandates ensure that utilities meet renewable energy requirements.

    Conclusion: Achieving the 50% renewable energy target by 2030 is feasible with continued commitment, technological advancements, and a strategic shift in subsidies from fossil fuels to renewable energy. This transition will not only support India’s climate goals but also drive sustainable economic growth.

    See less
Load More Questions

Resources & Suggestions

Mains Answer Writing Latest Articles

On: April 18, 2025

Daily Answer Writing Practice Questions (18 April 2025)

Do you agree with the claim that indecision and risk aversion are prevalent issues in Indian bureaucracy? Support your answer with logical reasoning. (150 words) ऐसा कहा जाता है कि भारतीय नौकरशाही में अनिर्णय और जोखिम से बचने की प्रवृत्ति ...

On: April 18, 2025 Comments: 0

Strengthening India’s Cyber Defence

Rising Threats Digital Era Challenges: 2024 marks a significant rise in digital threats, particularly from AI and cyberattacks. Key Issues: Disinformation campaigns. Cyber fraud affecting daily life. Current Major Cyber Threats Ransomware Rampage: Over 48,000 instances of WannaCry ransomware detected ...

On: April 18, 2025 Comments: 0

भारत की साइबर सुरक्षा

बढ़ते खतरे कृत्रिम बुद्धिमत्ता (AI) और साइबर हमले: 2024 में AI और साइबर हमलों के खतरे में वृद्धि। महत्वपूर्ण अवसंरचना पर हमले: डिजिटल हमलों और दुष्प्रचार अभियानों की संभावना बढ़ी है। प्रमुख साइबर खतरें रैनसमवेयर का प्रकोप: 48,000 से अधिक ...

Explore Our Blog