Author: ForumIAS

NOBEL PRIZE    Nobel Prize 2018 in Economic Sciences (The Sveriges Riksbank Prize) was divided equally between William D. Nordhaus  and Paul M. Romer. William D. Nordhaus and Paul M. Romer have designed methods for about how we create long-term sustained and sustainable economic growth. William D. Nordhaus have been contributed “for integrating climate change… Continue reading NOBEL PRIZE   

Defence Ministry gives in-principle nod for 31 projects under “Make-II scheme” News The Department of Defence Production under Ministry of Defence has given in principal approval for 31 projects under Make-II scheme. Make-II scheme It is an industry-funded scheme to make clearance easier and scaling up production of defence projects. Under Make-II scheme, the Ministry… Continue reading Defence Ministry gives in-principle nod for 31 projects under “Make-II scheme”

Fiscal sops for SEZs must be linked to investments, jobs: Panel News The committee headed by Baba Kalyani has proposed reincarnation of SEZs in India as ‘Employment and Economic Enclaves (3Es). Important Facts: The committee has proposed overhaul of the SEZ policy by shifting fiscal incentives from exports to investments made and employment generated. Note… Continue reading Fiscal sops for SEZs must be linked to investments, jobs: Panel

Fact Check: For limiting global warming to 1.5°C, the four projected pathways News: Intergovernmental Panel on Climate Change (IPCC), recently released a report in Seoul presenting four pathways to explore the possibilities of keeping the temperature rise within 1.5 degrees Celsius. Important News: In each pathway, the global average temperature is projected to overshoot the… Continue reading Fact Check: For limiting global warming to 1.5°C, the four projected pathways 

The truth about inequality in India Article 1.The writer notes that it is impossible to know about inequality in India as the income and wealth data of the well-off people are far from reliable Important analysis: The publication of James Crabtree’s book The Billionaire Raj and last year the research paper by Luke Chancel and… Continue reading The truth about inequality in India

IMF projects India’s growth at 7.3% in 2018 News 1. IMF projects India to grow at 7.3% in 2018 and 7.4% in 2019. Important facts: International Monetary Fund IMF is an international organization consisting of 189 member countries. It is headquartered in Washington, D.C. It is  working to foster global monetary cooperation, secure financial stability,… Continue reading IMF projects India’s growth at 7.3% in 2018

ICMR scientists confirm canine distemper virus in 21 Gir lions News: The canine distemper virus (CDV) has been found by scientists in the recent death of 21 Asiatic lions in Gujarat’s Gir forest. Important Facts: Scientists at Indian Council of Medical Research (ICMR) National Institute of Virology in Pune have found active transmission of the… Continue reading ICMR scientists confirm canine distemper virus in 21 Gir lions

Titli’ puts coastal Odisha on high alert News: IMD has forecasted that the cyclone Titli may further intensify into a severe cyclonic storm and make landfall between southern Odisha and Andhra Pradesh. Important Facts: The deep depression over the Bay of Bengal intensified into cyclonic storm Titli and is moving towards the Odisha-Andhra Pradesh coast.… Continue reading Titli’ puts coastal Odisha on high alert

Target 1.5: Tackling global warming News: Intergovernmental Panel on Climate Change (IPCC), recently released a report in Seoul  highlighting the impacts that developing countries like India would face if global warming touches 2°C as compared to 1.5°C. Important Facts: The IPCC makes it clear that the human and economic costs of a 2°C rise are… Continue reading Target 1.5: Tackling global warming

Making smart cities cyber-secure News: The article discusses about the cyber security challenges and the threats that integrated technologies in a smart city pose along with efficient delivery of services. Important Facts: India’s digitalisation roadmap is expected to propel its digital economy to 1 trillion USD by 2025. India is witnessing an unforeseen digital transformation,… Continue reading Making smart cities cyber-secure