Buffer stock refers to a reserve of a commodity that is used to stabilize price fluctuations and unforeseen emergencies. The concept of buffer stock was first introduced during the 4th Five Year Plan (1969-74) In India, buffer stocking of food grains is conceptually seen as a method to deliver strategic food and agricultural domestic support… Continue reading Buffer Stock
Category: 9 PM Daily Articles
Non-alignment in multipolar framework
What are the different phases of world order? India’s advocacy for autonomy (& non-alignment) in making foreign policy choices in world order over decades. Bipolar(1947 to 1991) – Era of Cold War where world was divided in two camps one headed by USA and other headed by erstwhile USSR. During this phase India adhered to the principle… Continue reading Non-alignment in multipolar framework
India-US Relations
How India-U. S relation evolved over the years? India-U. S relations were at an all-time high during John F Kennedy and George W Bush administration: John F Kennedy, in the 1960s: Kennedy was a firm supporter of India in positioning India as a democratic counterweight to a totalitarian China in Asia in the 1960s Even… Continue reading India-US Relations
International Labour Organization (ILO)
News: After 35 years, India has assumed the Chairmanship of the Governing Body of International Labour Organization(ILO). International Labour Organization(ILO): Established in: 1919 Aim: To promote social and economic justice through setting up of international labour standards. Members: 187 member states Headquarters: Geneva, Switzerland Significance: It is the first affiliated specialized agency of the United… Continue reading International Labour Organization (ILO)
Increasing Onion Prices
Onion prices could touch Rs 80 to 100/kg What is the need for government intervention? Production losses: Heavy rainfall in north Karnataka has resulted in massive losses of kharif onions. Storage losses: The heavy rains not only destroyed the new crop in Karnataka but also took a toll on stored onions in states. Low shelf… Continue reading Increasing Onion Prices
India’s UN journey and its role
What are the different phases of India’s journey in UN? Phase 1- Before the end of the Cold War in 1989- The Indian leadership learned that the UN could not be relied upon to impartially resolve vital security disputes. The UN only to focus on common causes such as anti-colonialism, anti-racism, nuclear disarmament, environment conservation… Continue reading India’s UN journey and its role
India’s maritime domain
India’s Reach in Maritime Domain Awareness What are the significance and issues of QUAD and Malabar Exercise? Malabar Exercise – It is an annual trilateral naval exercise between the navies of India, Japan, and the USA which is held alternately in the Indian and Pacific Oceans. Aim– it aimed at interoperability with an emphasis on humanitarian assistance, anti-submarines warfare, counter-terror operations,… Continue reading India’s maritime domain
Base year of CPI-IW changed
The Labour and Employment Ministry on Thursday revised the base year of the Consumer Price Index for Industrial Workers (CPI-IW) from 2001 to 2016. Why the base year for the Consumer Price Index for Industrial Workers(CPI-IW) has been changed? Due to the changing consumption pattern, more weightage has been given to spending on health, education,… Continue reading Base year of CPI-IW changed
What is SVAMITVA Scheme
What is SVAMITVA scheme? SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) scheme is a collaborative effort of the Ministry of Panchayati Raj, State Panchayati Raj Departments, State Revenue Departments and Survey of India. Aim – To provide an integrated property validation solution for rural India for setting the boundaries of the rural lands and also provides… Continue reading What is SVAMITVA Scheme
Centre gives in, says will borrow to make up for states’ GST shortfall
News: The Central government has decided to borrow up to Rs 1.1 lakh crore on behalf of the states to meet the shortfall of Goods and Services Tax(GST) compensation. Facts: Borrowing Mechanism: Under the Special Window, the estimated shortfall of Rs 1.1 lakh crore will be borrowed by Centre in appropriate tranches.The amount so borrowed… Continue reading Centre gives in, says will borrow to make up for states’ GST shortfall
