#GS3————————————————————————————————————————–01. Right to Repair

Governments across the world are pushing for the right to repair in a bid to reduce waste and encourage a circulareconomy. In March 2021, the European Union passed legislation on mandatory right to repair. The US followed in July2021. The UK too has a similar policy. India will have legislation once a panel to design a comprehensive frameworksubmits its report.
– PNGRB Chairman Anil Kumar Jain

Key Terms/Issues : Right to Repair

#GS1——————————————————————————————————————– 02. Women in Startups

18% : Share of women-led startups in India in 2022.
17% : Share of women-led startup unicorns in 2022.
48% : Women’s representation in startups with at least one woman as a founder, compared with 32% in only-male-ledstartups.2.5 times : The ratio of number of women in senior roles in startups founded by women compared to those with maleonly founders
– WomeninIndia’s StartupEcosystem Report2023, ACT Grants

#GS3————————————————————————————————————–03. On Equity Market Risks

What still draws them to high-risk derivatives is perhaps the scope they hold for placing low-ticket, big- bounty bets onvolatile asset prices. Derivative deals take little upfront money, with gains and losses to be squared only at the end oftheir life. On occasion, they yield outsized profits, which can have a heady effect that may interfere with rationalestimates of one’s future chances. As the F&O segment’s dismal win ratio suggests, it maybe easy to get drawn intoover-confident trading that goes wrong more than right. It’s good that Sebi has flagged the problem.

– Commentary in News

There is a 90% chance that the investor will Lose money in the F&O segment But we also know, and the data showsus, that If you take along-term view of the market, and If you invest with along-term perspective, you will rarely gowrong.
 – SEBI Chairman Madhavi Puri Buch

Key Terms/Issues : Futures and Derivatives