Mains Question:
Question: India being on the path of sustainable development, explain how flex fuel vehicles will help India in achieving dual goal of economic development and environmental conservation? (150 words)
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Question Mapping
- Subject: Economy (GS-III)
- Sub-topic: Infrastructure: Energy
- Subject: Environment (GS-III)
- Sub-topic: Environmental Conservation
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- Introduction: Briefly define the flex fuel vehicles and it's objective
- Now in short explain about flex fuel (E85 as an example) and its benefits
- Here you can elaborate on positive effects of use of Flex Fuel Vehicle on economy and environment in India.
- Conclude with socio-economic and sustainable development of India with achievement of SDG.
Context:
India is in a phase of a digital transformation and the country must have a level-playing field to ensure a fair opportunity for new-age start-ups and Micro, Small, and Medium Enterprises.
Big Tech & Market Distortion
- Penalizing Google: Competition Commission of India (CCI) had imposed a penalty of ?1,337.76 crores on Google for abusing its dominant position in the android mobile device ecosystem
- CCI needs to evolve: It was established under the Indian Competition Act 2002; to protect and promote competition in markets. But the act now needs an overhaul, so that it acts beforehand.
- Situation in other countries: The European Union, the U.S., and even Australia have realized the market-distorting abilities of Big-Tech and moved to transform their competition law.
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