Multistate cooperatives: Govt plans to amend the Law – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction The central government has decided to amend the Multi State Cooperative Societies (MSCS) Act, 2002 to plug the loopholes in the Act. Further, it has also begun the process of formulating a new cooperative policy, with the newly created Ministry of Cooperation writing to key stakeholders for suggestions. What is… Continue reading Multistate cooperatives: Govt plans to amend the Law – Explained, pointwise

Functioning of the Election Commission – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction Recently, a letter written by the Law Ministry to the Election Commission (EC) on November 15, has come under criticism regarding the independent functioning of the Election Commission. The letter states that the Principal Secretary to the PM ‘expects‘ the Chief Election Commissioner (CEC) and two Election Commissioners to be present… Continue reading Functioning of the Election Commission – Explained, pointwise

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Raising the legal age of marriage for women – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction Recently, the Union Cabinet has passed a proposal raising the legal age of marriage for women from 18 to 21 years — the same as men. The government sees the proposed legislation as a strong measure to bring women on equal footing with men, in keeping with the vision of… Continue reading Raising the legal age of marriage for women – Explained, pointwise

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PCA Framework for NBFCs – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction A Prompt Cor­r­ective Action (PCA) framework for the non-banking financial companies (NBFCs) was recently introduced by the Reserve Bank of India (RBI). Essentially, deposit-taking NBFCs and those with systemic impact will now be subject to a PCA framework similar to that for scheduled commercial banks (SCBs). This will allow various… Continue reading PCA Framework for NBFCs – Explained, pointwise

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[Download] 7 PM Weekly Compilation -December 2021 – 1st and 2nd week

Hello everyone. We are posting the weekly Compilation of 7 PM Daily Current Affairs Analysis for the month of December 2021 – 1st and 2nd week Click on the following link to download Download About 7 PM:- The idea behind 7 PM Daily Editorial is to give aspirants in-depth analysis of news articles from different newspapers… Continue reading [Download] 7 PM Weekly Compilation -December 2021 – 1st and 2nd week

India-Germany Relations in Post-Merkel Era – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction Recently, Olaf Scholz has been sworn in as chancellor of Germany, ending the 16-year tenure of Angela Merkel. For the past 40 years, just three individuals have occupied the chancellery. So, the new ruling coalition in Germany offers scope for enhancing India-Germany relations. Germany is a significant contributor to manufacturing… Continue reading India-Germany Relations in Post-Merkel Era – Explained, pointwise

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[Yojana December Summary] GI Tagging of Rural Products – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction India’s multicultural ethos, authenticity, and ethnic diversity are potential turbochargers for the country’s economy. One channel through which these attributes can be brought out is Geographical Indications or GI tags. Geographical Indications (GIs) backed up by solid business management can bring a competitive advantage, more added value to a product,… Continue reading [Yojana December Summary] GI Tagging of Rural Products – Explained, pointwise

Recent Developments in India-Bangladesh Relations – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction On 16th Dec, India and Bangladesh will celebrate the 50th anniversary of the surrender of the Pakistan Army to the Indian Army at Dhaka in 1971. In the past 50 years, India-Bangladesh relations have seen several ups and downs. India played a great role in the emergence of an independent… Continue reading Recent Developments in India-Bangladesh Relations – Explained, pointwise

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[Yojana December Summary] Capacity Building of PSUs – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction Capacity Building of PSUs (‘Public Sector Undertaking’) is an area that is gaining importance, particularly due to rapid advancements in technology and ‘other’ operational methodologies. The net profit of CPSUs was 93,294 crore rupees in 2019-2020. They also make a substantial contribution to the growth of the Indian Economy and… Continue reading [Yojana December Summary] Capacity Building of PSUs – Explained, pointwise

Rising inequality in India – Explained, Pointwise

For 7PM Editorial Archives click HERE → Introduction The latest World Inequality Report has pointed to rising inequality in India and the world. The inequality has worsened in terms of both wealth and income. As far as income is concerned, the richest 10% of the global population currently takes 52% of global income, whereas the poorest half of… Continue reading Rising inequality in India – Explained, Pointwise

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