GS III: Conservation, environmental pollution and degradation, environmental impact assessment. 

  1. What are the central government obligations for conserving the coastal line?  Explain the challenges in developing coastal ecosystem in India

Coastal ecosystem in India is important for managing the coasts, and all the other aspects including geographical and political boundaries, to achieve sustainability. India has an exclusive Economic Zone (EEZ) of 2.02 million sq. km and a long coastline of 8,118 km with rich and diverse marine living resources. Robust coastal ecosystem is critical for utilising these resources efficiently leading to inclusive growth.

Challenges in developing coastal ecosystem in India:

Source The Hindu

GS III Effects of liberalisation on the economy, changes in industrial policy and their effects on industrial growth. 

2. The declining rupee has several consequences. In sum, is it a crisis or an opportunity?Discuss

The rupee’s steep slide to the 79-to-a-dollar range is bound to impact importers, widen the current account deficit (CAD) and increase India’s external debt burden.

The declining rupee a crisis:

The declining rupee a opportunity:

Way forward:

  1. It depends on the state of the business cycle.  In a recession a devaluation can help boost growth without causing inflation. In a boom, a devaluation is more likely to cause inflation.
  2. A developing economy which relies on import of raw materials may experience serious costs from a depreciation which makes basic goods and food more expensive.

~Source The Hindu