Author: ForumIAS

Small loans could turn bad: Rajan News Raghuram Rajan reports on NPA (non-performing asset) to parliament estimate committee Definition: A non-performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.  Issue Concern regarding NPA of public sector bank that has increased from… Continue reading Small loans could turn bad: Rajan

Nepal reset News: 1.Nepal decided to stay away from multilateral Military Exercise (MILEX – 2018) proposed during BIMSTEC Summit. Important Facts: 2.Multilateral exercise was proposed by Indian PM during BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) summit in Kathmandu last month. 3.Nepal’s denial to participate in MILEX signals its reluctance ,… Continue reading Nepal reset

Combining cooperation with competition News 1.A two day informal summit between Indian Prime Minister and Chinese President took place in the central Chinese city of Wuhan in April 2018, has to be seen in the wider development in the backdrop of Indo-Pacific region Important facts 2.India and China are able to manage their differences as… Continue reading Combining cooperation with competition

Cabinet decision:Sops for more ethanol output from sugarcane News Cabinet Committee on Economic Affairs (CCEA) has taken a decision to provide incentives for the production of ethanol from sugar cane. Important Facts In India, ethanol is mainly produced from sugarcane molasses by fermentation process Since ethanol is produced from plants that harness the power of… Continue reading Cabinet decision:Sops for more ethanol output from sugarcane

Tax break to unlock oil, gas worth Rs 50 lakh crore; boost for ONGC, Cairn News: The cabinet approved fiscal incentives to unlock oil and gas by attracting investments and technology to raise the output of ageing oil fields. Important Facts:  Fiscal incentives worth Rs 50 lakh crore over the next 20 years will be… Continue reading Tax break to unlock oil, gas worth Rs 50 lakh crore; boost for ONGC, Cairn

EU Parliament OKs copyright rules that could be ‘catastrophic’ for Net . News: The EU parliament has approved new copyright rules which include stringent new automated checks for content before being posted on online platforms. Important Facts:  EU parliament bought controversial rules, known as Articles 11 and 13.  Article 11 introduces a “link tax” which… Continue reading EU Parliament OKs copyright rules that could be ‘catastrophic’ for Net .

The high cost of man-animal conflict Article AathiraPerinchery talks about several inconsistencies in compensation awarded for man-human wildlife conflict between states. Important facts According to 2010 to 2015 data by Bengaluru Centre for wildlife studies on man-human conflict shows Majority of the States awarded compensation for loss of livestock, human injury and death, due to… Continue reading The high cost of man-animal conflict

Petrol and diesel price continue to rise. Important News: Crude oil price rises to almost at $80 a barrel and raising concern. Why Fuel price continue to rise: Pricing Approach: – Oil marketing companies have switched to dynamic pricing approach. This was done to adopt market driven approach to adjust exchange rate and crude oil… Continue reading Petrol and diesel price continue to rise.

Sage advice News: Former RBI Governor Raghuram raised concern over high Non Performing Assets (NPA) of the banks. Important News: According to Raghuram, Government is not taking serious steps to tackle the issue of NPA. Factors contributing to high NPA and issues with them: MUDRA CREDIT: – Small loans provided to Micro and Small Medium… Continue reading Sage advice

An education that is in sync Article: R.B. Grover and HomiBhabha has discussed the importance of “general and specialized education in India. Important Analysis: All India Survey on Higher Education reports says, the Gross Enrollment Ratio (GER) in higher education has increased to 25.8 % in 2017-18 compared to 10 % in 2004-05. About Gross… Continue reading An education that is in sync