News:Government has released the draft National Statistical Commission (NSC) Bill for public comments. Facts: About Draft National Statistical Commission(NSC) Bill: The draft bill is aimed at empowering the National Statistical Commission(NSC) to become the nodal body for all core statistics in the country. Core statistics include national income statistics like GDP, jobs data, industry data… Continue reading Draft Bill proposes autonomy for National Statistical Commission
Author: ForumIAS
RBI plans its own ‘Operation Twist’; to buy, sell bonds simultaneously
News:The Reserve Bank of India has announced that it will carry out US-style ‘Operation Twist’ to bring down interest rates. Facts: About Operation Twist: Operation Twist is when the central bank uses the proceeds from the sale of short-term securities to buy long-term government debt papers, leading to easing of interest rates on the long… Continue reading RBI plans its own ‘Operation Twist’; to buy, sell bonds simultaneously
Odisha launches ‘Jalsathi’ programme to supply safe drinking water
News:Odisha Chief Minister has launched the ‘Jalsathi’ programme with the aim to ensure supply of safe drinking water to all households in the state. Facts About Jalsathi programme: The JalSathi programme aims to ensure the supply of clean drinking water to consumers through piped water connections. The Odisha government has roped in women volunteers to… Continue reading Odisha launches ‘Jalsathi’ programme to supply safe drinking water
7 PM | Inaccurate diagnosis, draconian remedy : On Black Money | 20th December 2019
Context: Black money and related laws. Black Money: There is no official definition of black money in economic theory, with several different terms such as parallel economy, black money, black incomes, unaccounted economy, illegal economy and irregular economy all being used more or less synonymously. The simplest definition of black money could possibly be money… Continue reading 7 PM | Inaccurate diagnosis, draconian remedy : On Black Money | 20th December 2019
States with smaller population take the lead under PMEGP
News:According to the data presented by the Ministry of Micro, Small and Medium Enterprises,states with smaller population take the lead under Prime Minister’s Employment Generation Programme(PMEGP) in the last four years. Facts: The states with smaller populations such as Tamil Nadu, Assam, Karnataka and Arunachal Pradesh except Uttar Pradesh have emerged as major beneficiaries of… Continue reading States with smaller population take the lead under PMEGP
Indian Navy & Coast Guard conduct largest-ever anti-hijacking Exercise ‘Apharan’
News:The Indian Navy in collaboration with Indian Coast Guard has conducted a large scale Anti Hijacking Exercise named Exercise Apharan at the Port of Kochi,Kerala. Facts: About Exercise Apharan: The exercise was aimed at streamlining the response mechanism to thwart any attempt by anti-national elements to hijack a merchant vessel or attempt forced entry of… Continue reading Indian Navy & Coast Guard conduct largest-ever anti-hijacking Exercise ‘Apharan’
Macau celebrates 20 years of China rule
News:Macau is celebrating the 20th Anniversary since the former Portuguese colony was returned to China. Facts: About Macao: Macau is a special administrative region of China.It is an example of One Country,Two Systems. It is situated on the south-east coast of China near the mouth of the Pearl River.It is 60 kilometres from Hong Kong.… Continue reading Macau celebrates 20 years of China rule
WHO launches first biosimilar medicine to treat Breast Cancer
News:The World Health Organization(WHO) has launched its first biosimilar medicine to treat breast cancer named Trastuzumab. Facts: About Trastuzumab: Trastuzumab drug was included in the WHO Essential Medicines List in 2015 as an essential treatment for about 20% of breast cancers. It has shown high efficacy in curing early stage breast cancer and in some… Continue reading WHO launches first biosimilar medicine to treat Breast Cancer
DRDO successfully flight-tests Pinaka Missile System off Odisha coast
News:Defence Research and Development Organisation(DRDO) has successfully tested Pinaka Missile System from the Integrated Test Range, Chandipur off the Odisha coast. Facts: About Pinaka Missile System: Pinaka is an artillery missile system capable of striking into an enemy territory up to a range of 75 km with high precision. The Pinaka Mk-II rocket is modified… Continue reading DRDO successfully flight-tests Pinaka Missile System off Odisha coast
Explained:How Section 144 CrPC works
News:Recently,state governments have issued prohibitory orders under Section 144 of the Code Of Criminal Procedure(CrPC),1973 after the protests started against the Citizenship Amendment Act. Facts: About Section 144: Section 144 of the Criminal Procedure Code(CrPC) of 1973 authorizes the Executive Magistrate of any state or territory to issue an order to prohibit the assembly of… Continue reading Explained:How Section 144 CrPC works
