What is the News? The Government of India has decided to waive off some GST amount against the import of gene therapy — Zolgensma. This therapy is required to treat a child who is suffering from Spinal Muscular Atrophy. Spinal Muscular Atrophy Spinal muscular atrophy is a rare genetic disease. The person suffering from this… Continue reading Zolgensma Gene therapy for “Spinal Muscular Atrophy disease”
Author: Abdul
“INS Viraat” – SC ordered a status quo on dismantling
What is the News? The Supreme Court has ordered status quo on the dismantling of the Navy’s aircraft carrier, INS Viraat. The Navy decommissioned INS Viraat from service in 2017. Facts: What is the issue? “The decision to dismantle INS Viraat was taken after holding due consultation with the Indian Navy,” said the Government in… Continue reading “INS Viraat” – SC ordered a status quo on dismantling
Sri Lanka settles “Currency Swap Facility” with India
What is the News? The Central Bank of Sri Lanka(CBSL) has settled a $400 million currency swap facility from the Reserve Bank (RBI) of India. What is a Currency Swap Facility? The term swap means exchange. Under this agreement, two contracting countries loan each other a specified amount in local currencies. The parties agree to… Continue reading Sri Lanka settles “Currency Swap Facility” with India
Glacial Lake Outburst Floods (GLOF)
What is the News? Parts of Uttarakhand witnessed massive flooding due to Glacial Lake outburst. What is Glacial Lake Outburst Floods(GLOF)? It is a type of outburst flood. It occurs when water dammed by a glacier is released. In other words, it’s an outburst that happens when a dam containing a glacial lake fails. Note:… Continue reading Glacial Lake Outburst Floods (GLOF)
Govt. agrees to maintain States’ share in the divisible pool of taxes
Why in News? Recently the Government released the Fifteenth Finance Commission (15th FC) recommendations along with the action taken report in the Parliament. Major recommendations of 15th FC: Tax Devolution to States: The 14th FC commission recommended that states 42% share in the divisible tax pool of the centre. But the interim report of 15th… Continue reading Govt. agrees to maintain States’ share in the divisible pool of taxes
When passed Bills do not convert into functioning laws?
Why in News? Over the years, Parliament has repealed several laws. But there have also been examples when the government has not brought an already passed law into force. Few such Examples Two such examples are the National Environment Tribunal Act and the Delhi Rent Control Act which Parliament passed in 1995 but had never… Continue reading When passed Bills do not convert into functioning laws?
