Ukraine-Russia Conflict- How Indian Economy will be affected? The Impact of Ukraine- Russia conflict on Indian economy 1. Inflation 2. Exchange Rate 3. Crude Impact on Imports 1. Thermal coal and gas imports 2. Critical Defence Equipment 1. Inflation As there is an increase in oil prices, this will also affect freight movement. In addition, this will cause an increase in the cost of food items like vegetables, fruits, pulses, oil, etc. The Ukraine-Russia conflict will also increase inflation in India. So, if there is a rise in inflation, it may rise beyond the projected figures of RBI, and they will be forced to increase the rates. 2. Exchange Rate If the Ukraine-Russia conflict continues, the exchange rate will be affected, and the rupee may depreciate further. This can cause a rise in the country’s total trade spending. 3. Crude Brent crude oil prices are expected to rise to $105 per barrel, according to commodit...
Biomedical Waste Management during pandemic With the opening-up of vaccination for all above 18 years, the volume of infectious waste generated from the vaccination clinics will increase manifold. So, the government has to ensure proper awareness is done about waste segregation and proper facilities are created to treat the medical waste in India.Introduction Prior to the pandemic, India’s biomedical waste management capacity was already limited. Now, with the advent of the pandemic, biomedical waste generation has increased manifold. CPCB has given guidelines to discard the biomedical waste generated in Covid-19 camps and Covid-related material such as gloves and masks in households. However, the implementation of the guidelines is limited as local bodies are not equipped to handle biomedical waste, and even the public doesn’t have enough knowledge about segregating it. All this is leading to the piling up of biomedical waste. According to the environment minist...