Prime Minister has renewed the idea of One Country, One Election.He has announced that a committee will be formed to examine the issue, One Country,One Election is the method of holding single elections for both Lok Sabha and States instead of separate and continuous elections. One Country,One election is needed as (a)massive expenditure that is… Continue reading Explained: What purpose would simultaneous polls serve?
Author: ForumIAS
Expert panel suggests ways to achieve USD 5-trillion economy target: Niti Aayog
The Prime Minister had an interaction with economists and industry experts on India’s current economic situation. During the interaction,NITI Aayog has said that the experts panel for macroeconomics and employment has came out with suggestions to achieve $5-trillion economy target. During the session,the experts shared their views in five distinct groups, which are (a)economic themes… Continue reading Expert panel suggests ways to achieve USD 5-trillion economy target: Niti Aayog
Delhi offers blueprint to promote development, inclusivity at WTO
India has offered a blueprint for promoting development and inclusivity at the World Trade Organization(WTO).It has emphasized that resolving the crisis at its highest adjudicating body must be a top priority. The WTO Appellate Body which is an intergovernmental dispute settlement system for resolving and enforcing global trade rules will become dysfunctional from 11 December,2019… Continue reading Delhi offers blueprint to promote development, inclusivity at WTO
Many nations offer India GSP benefits, but US move will affect competitiveness
United States has withdrawn Generalized System of Preferences (GSP) Scheme to India provoking India to impose retaliatory tariffs on many imports of US goods. However,India still continues to enjoy tariff preference from many countries including Australia,Russia and Japan as well as the European Union (EU) among others. Further,within the group of countries that provided GSP… Continue reading Many nations offer India GSP benefits, but US move will affect competitiveness
MUDRA bad loans rise in FY19, even as NPAs decline across banking system
The government’s MUDRA scheme to finance small and micro borrowers has witnessed an increase in bad loans at a time when the system-wide non-performing assets(NPAs) have started showing signs of a decline. NPA is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. The NPAs… Continue reading MUDRA bad loans rise in FY19, even as NPAs decline across banking system
RBI to DRI: We can’t ask banks to share customer information
The Reserve Bank of India(RBI) has said that it has no power to ask banks to share information on customers with third parties including investigative agencies of the government even if it is in the interests of the bank. The RBI’s response came on a request by the Directorate of Revenue Intelligence(DRI) which sought RBI’s… Continue reading RBI to DRI: We can’t ask banks to share customer information
India rejects Pakistan’s charge of politicising FATF
India has rejected Pakistan’s allegation that it had tried to politicise deliberations at the Financial Action Task Force(FATF) which concluded its plenary with more criticism against Pakistan. Recently,FATF had warned Pakistan that the country could be blacklisted unless it fulfils an action plan against UN-designated terrorists operating in Pakistan by October,2019. A blacklist entry for… Continue reading India rejects Pakistan’s charge of politicising FATF
CJI writes to PM for removal of Allahabad High Court judge
Chief Justice of India has written to Prime Minister seeking initiation of impeachment proceedings against Allahabad High Court judge Justice Narayan Shukla. The charges of judicial impropriety were slapped against the judge after it was found that he had made handwritten corrections to an order passed by his own bench so as to allow a… Continue reading CJI writes to PM for removal of Allahabad High Court judge
Must Read News Articles – June 24th, 2019
Archives GS-2 MEA rejects U.S. report on state of religious freedom in India Rejecting US report on state of religious freedom in India, the Ministry of External Affairs has said that foreign governments do not have the right to criticise India’s vibrant democracy and dedication to rule of law. CJI writes to PM for removal… Continue reading Must Read News Articles – June 24th, 2019
Must Read News Articles – June 23th, 2019
Archives GS-1 From Japan, a museum of peace built on memories of war Japan Manipur a museum of peace built on the memories of one of the fiercest battles of the Second World War- Battle of Imphal. GS-2 Time running out to curb terror, Pak. told Reminding Pakistan that it has less than three months… Continue reading Must Read News Articles – June 23th, 2019
