It is a “Not for Profit” umbrella organization for operating retail payments and settlement systems in India, is an initiative of RBI and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. It aims in bringing innovations in the… Continue reading National Payments Corporation of India (NPCI)
Author: abrar
What is COMCASA?
COMCASA(Communications Compatibility and Security Agreement0 is an India-specific version of the Communication and Information on Security Memorandum of Agreement (CISMOA) COMCASA was signed in September 2018, after the first 2+2 dialogue in the US. It allows the US to provide India with its encrypted communications equipment and systems for US origin military platforms like the… Continue reading What is COMCASA?
What is LEMOA (Logistics Exchange Memorandum of Agreement)?
The Logistics Exchange Memorandum of Agreement(LEMOA), which was signed between India and the US in August 2016 is an India-specific version of the Logistics Support Agreement (LSA). It allows the military of each country to restock from the other’s base and Access supplies, spare parts and services from the other country’s land facilities, air bases,… Continue reading What is LEMOA (Logistics Exchange Memorandum of Agreement)?
social cost of carbon (SCC)
The social cost of carbon (SCC), tries to add up all the monetary value of quantifiable benefits and costs of emitting one additional tonne of CO2. This value can then be used to weigh the benefits of reduced warming against the costs of cutting emissions. According to OECD, The Social Cost of Carbon is usually… Continue reading social cost of carbon (SCC)
Can a state challenge/reject central laws? On issue of farm bills and CAA
Recently Punjab has denied implementing the Central Farm Laws in the state and has moved amendments to the legislations. Previously, on the Issue of CAA (Citizenship Amendment Act), several state governments like Kerala denied the implementation of the same in their states. Thus, the question arises, are states empowered to reject the central laws in… Continue reading Can a state challenge/reject central laws? On issue of farm bills and CAA
Essential Commodities Amendment Bill, 2020
Introduced: Lok Sabha (14th Sept 2020) Passed: Lok Sabha (15th Sept 2020) Passed: Rajya Sabha (22nd Sept 2020) Present status: Received assent on 26th Sept 2020 & converted to Act. But recently the government has repealed the Act. Ministry: Consumer Affairs and Food Distribution Objectives Essential Commodities (Amendment) Bill, 2020 amends the Essential Commodities Act,… Continue reading Essential Commodities Amendment Bill, 2020
Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020
Introduced: Lok Sabha Passed: Lok Sabha Passed: Rajya Sabha Present status: Received assent of the President on 24th Sept 2020 & converted to Act. But recently the government has repealed the Act. Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020 is aimed to provide a legal contract for farmers to… Continue reading Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020
Timeline: Issue of GST Compensation Cess
In the latest update on the issue of GST compensation, The Central government has decided to borrow up to Rs 1.1 lakh crore on behalf of the states to meet the shortfall of Goods and Services Tax(GST) compensation. [wptabs id=”66923″]
Centre gives in, says will borrow to make up for states’ GST shortfall
News: The Central government has decided to borrow up to Rs 1.1 lakh crore on behalf of the states to meet the shortfall of Goods and Services Tax(GST) compensation. Facts: Borrowing Mechanism: Under the Special Window, the estimated shortfall of Rs 1.1 lakh crore will be borrowed by Centre in appropriate tranches.The amount so borrowed… Continue reading Centre gives in, says will borrow to make up for states’ GST shortfall
Alma-Ata Declaration, Hague Convention, Talanoa dialogue, Under2 Coalition
Option 1 is correctly matched. The Alma-Ata Declaration of 1978 is as a major milestone in the field of public health, and it identified primary health care as the key to the attainment of the goal of Health for All. Option 2 is incorrectly matched. The Hague Convention on the Protection of Children and Co-operation in Respect of Intercountry… Continue reading Alma-Ata Declaration, Hague Convention, Talanoa dialogue, Under2 Coalition
