Author: ForumIAS

Government panel recommends setting up an independent Payments Regulatory Board News Finance Minister proposed about creation of Payment Regulatory Board (PRB) in Budget 2017-18. Key Facts The government has set up Subhash Garg committee to re-examine the draft Payment and Settlement System Bill. Objectives of the draft Payment  and Settlement Bill Foster competition Consumer Protection… Continue reading Government panel recommends setting up an independent Payments Regulatory Board

The Bhavantar Bhugtan Yojana experiment Article Harsh Kumar Bhanwala and Nirupam Mehrotra analyze Bhavantar Bhugtan Yojna (price differential scheme) and its impact in Madhya Pradesh Important analysis What is Bhavantar Bhugtan Yojna? The scheme is to compensate farmers in the event of a price crash and to that extent hedge the price risk, faced by… Continue reading The Bhavantar Bhugtan Yojana experiment

Govt penalizes insurers for delay in settling crop insurance claims News Government has proposed new guidelines for Pradhan Mantri Fasal Bima Yojna (PMFBY) to be implemented from upcoming Rabi season Need for renewed guidelines Decline in enrollment of farmers under the scheme which is down by 15% from its inception Delay in claim settlement to… Continue reading Govt penalizes insurers for delay in settling crop insurance claims

The economics of RCEP and potential outcomes for India News: Importance of RCEP negotiations and concerns raised by India. RCEP – Comprises the 10-member Asean grouping and its six free trade partners, including China, India, Japan, South Korea, Australia and New Zealand. ASEAN Members: Brunei, Indonesia, Laos, Cambodia, Vietnam, Malaysia, Singapore, Thailand, Philippines, Myanmar Important… Continue reading The economics of RCEP and potential outcomes for India

U.S., China step up trade war, slap tit-for-tat tariffs News: U.S and China announced new tariff on Imports from each other Important Facts: U.S has announced 10 % import tariff on China and China retaliated with 5 % to 10 %. U.S. tariffs will apply to $250 billion of Chinese goods and Chinese tariffs will… Continue reading U.S., China step up trade war, slap tit-for-tat tariffs

PT FACTS Bru Tribe Bru Tribe found in North-eastern state like Mizoram, Assam, Manipur, Tripura and Bangladesh. Reang or Bru are one of the 21 scheduled tribes. Bru community, fled from Mizoram to Tripura in 1997 in the wake of inter-community violence. Over 5,000 Bru families, displaced from Mizoram, are currently housed in temporary camps… Continue reading PT FACTS

Towards a Kuposhan Mukt Bharat News: India to take strong measures to combat Malnutrition. Important Facts: POSHAN (Prime Minister’s Overarching Scheme for Holistic Nourishment) Abhiyan was launched in March from Jhunjhunu to fight against Kuposhan (Malnutrition). Malnutrition Indicators in India: Objective and Targets of Kuposhan Muqt Bharat: 3 percentages reduction yearly in underweight prevalence in children… Continue reading Towards a Kuposhan Mukt Bharat

27% of world’s new Tuberculosis infections in India: WHO global report News WHO published Global TB (tuberculosis) report 2018 recently Important fact The aim of report is to provide a comprehensive and up to date assessment of TB epidemic and progress in prevention. TB is among top 10 causes of death. Millions of people continue… Continue reading 27% of world’s new Tuberculosis infections in India: WHO global report

The death of a tigress Article Sarita Subramanian member of Earth Brigade Foundation (EBF) analyzes the Supreme Court order of killing a 5 year old tigress from Pandharkawada region in Maharashtra Important analysis Supreme Court analysis Supreme Court dismissed the plea filed by Earth Brigade Foundation (EBF) and ordered to shoot a five-year-old tigress. Tigress… Continue reading The death of a tigress

Cabinet clears ₹3,466 crore dam improvement project News 1.The Government approved hike in the cost of Dam Rehabilitation and Improvement Project (DRIP) and time extension by two year. Important facts 2.The hike in DRIP from Rs 2,100 crore to Rs 3,466 crore, to improve safety and operational performance of 198 Dams in 11 states The… Continue reading Cabinet clears ₹3,466 crore dam improvement project