Why in News? The Union Minister for Road Transport and Highways has approved a proposal to levy a ‘green tax’ on old vehicles. The policy will come into effect on April 1, 2022. What is Green Tax? Green tax is also called pollution tax or environmental tax. It is the tax levied on goods that… Continue reading Green tax on vehicles older than 15 years
Author: ForumIAS
COVID deepened inequality in India: Oxfam Report
Why in News? Oxfam has released a report titled “Inequality Virus Report”. The report has highlighted the increasing inequalities in India. Facts: About the report: It is a part of its international report released on the opening day of the World Economic Forum’s ‘Davos Dialogues.’ The report states that COVID-19 has the potential to increase… Continue reading COVID deepened inequality in India: Oxfam Report
What is disinvestment?
Disinvestment It means sale or liquidation of the public assets by the government. These are usually Central and state public sector enterprises, projects or other fixed assets. The government can sell its shares, where it is the majority shareholder (Owns more than 51% of shares). For example, Air India, Bharat Petroleum, Delhi Metro Rail Corporation,… Continue reading What is disinvestment?
Naku La Pass in Sikkim
Why in News? Indian and Chinese Soldiers have clashed at the Balwan area in Naku La Pass in Sikkim. Naku La Pass: Naku La sector is a pass at a height of more than 5,000 meters above Mean Sea Level(MSL) in the state of Sikkim. It is located ahead of Muguthang or Cho Lhamu (source… Continue reading Naku La Pass in Sikkim
Wildlife Crime Control Bureau(WCCB)
Why in News? Wildlife Crime Control Bureau(WCCB) and Barasat Forest Range have rescued a live pangolin in Kolkata. Facts: Wildlife Crime Control Bureau (WCCB) It is a statutory multi-disciplinary body. It functions under the Ministry of Environment and Forests. Its responsibilities include combating organized wildlife crime in the country. Headquarters: New Delhi Functions: Under Section… Continue reading Wildlife Crime Control Bureau(WCCB)
What are off-budget borrowings?
Off Budget Borrowings: These are loans that are taken not by the Centre directly and are not calculated under the budget. These loans are taken by PSUs or other public institutions on the directions of the central government. Such borrowings are used to fulfill the expenditure needs of these institutions. Are these borrowings included in… Continue reading What are off-budget borrowings?
Factly :-News Articles For UPSC Prelims | Jan 27,2021
What are off-budget borrowings? Off Budget Borrowings: These are loans that are taken not by the Centre directly and are not calculated under the budget. These loans are taken by PSUs or other public institutions on the directions of the central government. Such borrowings are used to fulfill the expenditure needs of these institutions. Are… Continue reading Factly :-News Articles For UPSC Prelims | Jan 27,2021
COVID Vaccine and Science, Technology, and Innovation Policy (STIP), 2020
Source: Click here Syllabus: GS 2 – Issues relating to development and management of Social Sector/Services relating to Health, Education and Human Resources. Synopsis: The hasty Emergency Use Authorization (EUA) to the two COVID-19 vaccines is against draft Science, Technology, and Innovation Policy (STIP) 2020. Introduction Open Science principle is a global movement. It advocates… Continue reading COVID Vaccine and Science, Technology, and Innovation Policy (STIP), 2020
Need for New 4-tier Regulations for NBFCs
Source: click here Syllabus: GS 3 Synopsis: The RBI’s plan to tighten regulations on large NBFCs is critical for financial stability. Introduction The RBI has planned an important change in its regulatory approach towards India’s non-banking financial companies (NBFCs). It plans to monitor larger NBFCs almost as closely as it monitors banks. Read – 4-tier… Continue reading Need for New 4-tier Regulations for NBFCs
Reasons of increasing Palk Bay fishing conflict
Source: The Hindu Gs2: India and its Neighborhood- Relations. Synopsis: The recent death of 4 fishermen resurfaces the unresolved issue of fisheries conflict between India-Sri Lanka at Palk Bay. Background: Recently four fishermen from Tamil Nadu died while fishing in Palk Bay. Tamil Nadu has accused Sri Lankan Navy of that. But, the Sri Lankan… Continue reading Reasons of increasing Palk Bay fishing conflict
