KRMB panel allows AP to draw 9 tmc ft water for irrigation

KRMB panel allows AP to draw 9 tmc ft water for irrigation Context: Krishna River Management Board (KRMB) has allowed Andhra Pradesh and Telangana to avail 33 tmcft of Krishna waters till the March-end for meeting immediate irrigation needs. Details: The KRMB has allowed Andhra Pradesh to utilise 9 tmcft and Telangana 24 tmcft water… Continue reading KRMB panel allows AP to draw 9 tmc ft water for irrigation

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‘Gwadar, Chabahar not comparable’

‘Gwadar, Chabahar not comparable’ Context: Former Union Minister Manish Tewari has said that Gwadar port and Chabahar port could not be compared. Points of Differences: The development of the Chabahar port in Iran is a commercial enterprise, On the other hand, development of the Gwadar port in Pakistan by China is a strategic-military enterprise with… Continue reading ‘Gwadar, Chabahar not comparable’

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India to help build nuclear plant in Bangladesh

India to help build nuclear plant in Bangladesh Context India, Bangladesh and Russia have signed a tripartite memorandum of understanding (MoU) for cooperation in the construction of the Rooppur nuclear power plant in Bangladesh. Introduction: The MoU was signed in Moscow by the Department of Atomic Energy of India, the Ministry of Science and Technology… Continue reading India to help build nuclear plant in Bangladesh

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‘Climate change has reduced coral cover’

‘Climate change has reduced coral cover’ Context: According to conservation group WWF India, climate change has resulted in substantial decrease in India’s coral cover and growth n the last two decades Coral diversity in India: Coral diversity and formation of reefs are centred around four major regions: The Gulf of Kutch The Lakshadweep atolls The… Continue reading ‘Climate change has reduced coral cover’

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TB drugs policy to be discussed at meet

TB drugs policy to be discussed at meet Context: Global public health agencies will discuss the Union Health Ministry’s policy on rationing new tuberculosis medicines at a forthcoming meeting in New Delhi. Inadequacy of medicines: The Hindu had earlier reported that advanced patented medicines used to treat Drug Resistant Tuberculosis (DR-TB) are available to only… Continue reading TB drugs policy to be discussed at meet

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Borrowing terms

Borrowing terms Context: The State Bank of India (SBI) has raised its one-year MCLR or marginal cost of funds-based lending rate from 7.95 per cent to 8.15 per cent, while hiking similarly for two- and three-year loans. Background: The increase in MCLRs comes in the wake of rise in deposit rates. SBI revised its upward… Continue reading Borrowing terms

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Bridge-cum-barrage across Netravathi gets clearance

Bridge-cum-barrage across Netravathi gets clearance Context: The State Cabinet of Karnataka has granted approval for construction of a bridge-cum-barrage across the Netravathi connecting Adyarkatte, off the National Highway 75, and Harekala, near Mangalore University About the Project: The project was part of the Paschima Vahini Scheme launched in 2017 to build vented dams across west-flowing… Continue reading Bridge-cum-barrage across Netravathi gets clearance

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‘Defaulting promoters must be barred from bidding’

‘Defaulting promoters must be barred from bidding’ Context: Axis Bank Chief has called for creating a better credit culture for long-term benefits. How to achieve better credit culture? One way to achieve it is to exclude the defaulting promoters from bidding for their assets during insolvency proceedings. With the Reserve Bank of India (RBI) doing… Continue reading ‘Defaulting promoters must be barred from bidding’

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