Averting Ponzi schemes

Averting Ponzi schemes Ponzi schemes, bills News: The Banning of Unregulated Deposit Schemes Bill, 2018 was approved by the Union Cabinet. Important facts: Objectives: To provide comprehensive legislation to deal with illicit deposit schemes in the country. To protect the savings of the investors. The bill is aimed at tackling the menace of illicit deposit… Continue reading Averting Ponzi schemes

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Violence in the hills

Violence in the hills Shilliong unrest, north east News: Curfew was imposed in some parts of Meghalaya’s state capital Shillong following a clash that broke out between the police and a violent mob in the city’s Motphran area. Important facts: Issue involved: There was a scuffle between members of the Mazhabi Sikh community, long-time settlers in the Punjab… Continue reading Violence in the hills

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An unexceptional economic performance

An unexceptional economic performance Economic growth Article: Prof Pulapre Balkrishnan discusses the issues with current state of Indian economy in the backdrop of recently released CSO data on GDP growth rate Important Analysis: Annual GDP growth rate in FY 2013-14 was 6.9%. Since 2014, it increased at first and then declined to 6.6% in FY… Continue reading An unexceptional economic performance

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‘Uranium contamination in Rajasthan groundwater’

‘Uranium contamination in Rajasthan groundwater’ Uranium pollutant News: Recently a study conducted by Duke University, USA and Central Groundwater Board of India has found widespread uranium contamination in groundwater from aquifers in 16 Indian states. Important Facts: WHO and US Environmental Protection Agency (EPA) standards for uranium level for safe drinking water: 30 micrograms of… Continue reading ‘Uranium contamination in Rajasthan groundwater’

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Indonesia wins UNSC vote

Indonesia wins UNSC vote UNSC non-permanent member News: The UN Security Council has selected Indonesia as a non-permanent member. Important Facts: The Maldives and Indonesia had contested for the seat in the UN Security Council. Indonesia secured 144 votes whereas Maldives won 46 out of total 190 votes. Indonesia has been elected as a non-permanent… Continue reading Indonesia wins UNSC vote

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U.S. wants India out of S-400 deal

U.S. wants India out of S-400 deal US-India-Russia, S-400 News: The state department of U.S. has warned India against the violation of Countering America’s Adversaries through Sanction Act or CAATSA. Important Facts: About Countering America’s Adversaries through Sanction Act or CAATSA. Countering America’s Adversaries through Sanction Act was enacted in August 2017. The Act empowers… Continue reading U.S. wants India out of S-400 deal

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Questions of promotion

Questions of promotion Article: Faizan Mustafa, VC of NALSAR University analyses Supreme Court’s recent verdict on reservation in promotions Important Analysis: The Supreme Court has given an interim order permitting the Centre to provide reservation inpromotionfor SC/ST employee “as per law” However, the reservations in promotions can be challenged on the basis of conditions laid down by… Continue reading Questions of promotion

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