G7 urges strict Libra regime, eyes minimum tax

G7 Countries has said that digital currencies such as Facebook Libra raise serious concerns and must be regulated as tightly as possible to ensure they do not upset the world’s financial system. Recently,Facebook had decided to launch a cryptocurrency called Libra.The currency is designed not to be a speculative asset like Bitcoin but a form… Continue reading G7 urges strict Libra regime, eyes minimum tax

SEBI opposes Centre’s proposal to transfer surplus money to CFI

Securities and Exchange Board of India(SEBI) has written to the government seeking a review of the Budget proposal that mandates transferring 75% of the market regulator’s surplus funds to the central government SEBI said that the proposal would result in compromising its autonomy and its ability to function effectively towards the progress and development of… Continue reading SEBI opposes Centre’s proposal to transfer surplus money to CFI

WHO declares ebola outbreak in Congo a global health emergency

The World Health Organization(WHO) has declared the Ebola crisis in the Democratic Republic of Congo a public health emergency of international concern. Public health emergency is defined as an extraordinary event that is determined to constitute a public health risk to other States through the international spread of disease and it requires a coordinated international… Continue reading WHO declares ebola outbreak in Congo a global health emergency

Pradhan Mantri Urja Ganga Project

Union Minister of Petroleum & Natural Gas has informed the Rajya Sabha that Government has taken various policy initiatives to increase the domestic production of crude oil and natural gas. Pradhan Mantri Urja Ganga project aims to provide piped cooking gas to residents of Varanasi and later to millions of people in states like Bihar,… Continue reading Pradhan Mantri Urja Ganga Project

Cabinet nod to 2,880MW hydel project in Dibang

Union Cabinet has approved the Dibang Multipurpose Project (MPP) in Arunachal Pradesh. Dibang Multipurpose Project is envisaged as a storage-based hydro-electric project with flood moderation as the key objective. The construction of project shall prevent the sizeable downstream area from floods. This is the largest ever hydro-electric projects to be constructed in India. The dam… Continue reading Cabinet nod to 2,880MW hydel project in Dibang

Aadhaar can take you places,but not to Nepal

The National Consumer Disputes Redressal Commission(NCDRC) has ruled that Aadhaar cannot be construed as any other ID issued by the Government of India for travelling to a country. This ruling came after complaint was filed seeking compensation from an airline for refusing to accept Aadhaar card as a valid document for travel to Nepal. The… Continue reading Aadhaar can take you places,but not to Nepal

Ujjawala Scheme

The Ujjawala scheme is the Comprehensive Scheme for Prevention of Trafficking and Rescue, Rehabilitation and Re-integration of Victims of Trafficking for Commercial Sexual Exploitation. The scheme is run by Ministry of Women and Child Development. It was launched in 2007. The scheme aims at preventing trafficking of women and children for commercial sexual exploitation, facilitate… Continue reading Ujjawala Scheme

MoU Signed between Ministry of Health and Ministry of AYUSH for ‘Tuberculosis Free India’ initiative

Ministry of AYUSH and Ministry of Health & Family Welfare have signed MoU to establish inter-sectorial convergence to eliminate tuberculosis in India by 2025. The collaboration aims at development of linkages and integration of TB care services within the infrastructure and institutional network of AYUSH The Indian government has had put forward National Strategic Plan… Continue reading MoU Signed between Ministry of Health and Ministry of AYUSH for ‘Tuberculosis Free India’ initiative

7,000 species added to IUCN ‘Red List’

International Union for the Conservation of Nature (IUCN) has updated its Red List. The list has assessed the extinction risk of almost 106,000 species. 27% of the assessed species are threatened and at a risk of extinction. More than 7,000 species from around the world were added to the endangered category of the Red List… Continue reading 7,000 species added to IUCN ‘Red List’

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 18, 2019

Q.1) “National Register of Citizens though well intentioned, has many problems; majority of which are borne by the poorest”. Comment. Examine the need of National Register of Citizens. Answers Q.2) “A transition to electric vehicle transportation demand major efforts by the government but also need extra efforts of Indian automobile industry”. Discuss. What should be… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – July 18, 2019

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