Introduced: Lok Sabha (8th July 2019) Present status: Standing Committee gave its report on 3rd Feb 2021 Ministry: Science and Technology and Earth Sciences Need for such DNA Technology Bill in India: First, countries having such legislation like the USA, have proved a significant increase in conviction rate. According to NCRB, India’s conviction rate is… Continue reading DNA Technology (Use and Application) Regulation Bill, 2019
Author: Durai
Green Energy Initiatives in Budget 2021- Explained
Green energy initiatives are one of the most focused sectors in Budget 2021. India is already the 4th largest country in terms of total Renewable Energy installed capacity in the world. With the help of budgetary allocation and private participation, India has all the chances to be a global leader in green energy. But it… Continue reading Green Energy Initiatives in Budget 2021- Explained
Vehicle Scrappage Policy and the associated challenges: Explained
Recently, The Finance Minister announced the “Vehicle Scrapping Policy” in her Budget speech. The policy will phase out older, inefficient and polluting vehicles. Apart from that, the policy will also promote the use of more environment-friendly vehicles and reduce the oil import bill. But it is not an easy task and has a few challenges… Continue reading Vehicle Scrappage Policy and the associated challenges: Explained
What is USTR? What are their powers?
The Office of the United States Trade Representative (USTR) is a government agency responsible for developing and recommending international trade policy to the US president. The USTR directly negotiate with foreign governments to create trade agreements, to resolve trade disputes, and to participate in global trade policy organizations. The US Trade Act gives the USTR… Continue reading What is USTR? What are their powers?
RBI sets up Reserve Bank Innovation Hub(RBIH)
News: Reserve Bank of India(RBI) has announced the setting up of an Innovation Hub under the chairmanship of Kris Gopalakrishnan.It has also selected two entities for testing products under regulatory sandbox structure. Facts: Aim: To create an ecosystem that would focus on promoting access to financial services and products and will also promote financial inclusion. Features: The… Continue reading RBI sets up Reserve Bank Innovation Hub(RBIH)
Ensemble forecast
Source: The Hindu Gs3: Disaster Management Context: India needs to shift to ensemble weather and flood forecast model to achieve better accuracy in flood forecasting. What is the significance of using Ensemble forecast? Deterministic forecast model Ensemble forecast · Deterministic forecast model merely indicates “Rising” or “Falling” above a water level at a river point. · … Continue reading Ensemble forecast
Labour codes reforms
Source- The Indian Express Syllabus- GS 3 – Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment Context- The three labor bills will immensely help the country in bringing much needed economic growth and will help in employment generation. What are the new labour codes? The government has introduced new versions of three… Continue reading Labour codes reforms
Production Linked Incentive Scheme
Source: The Hindu Syllabus: Gs3: Changes in Industrial Policy and their Effects on Industrial Growth Context: The Ministry of Electronics and Information Technology (MeitY) has introduced a Production Linked Incentive Scheme for Large Scale Electronics Manufacturing. What is Production Linked Incentive Scheme? Aim is to position India as a global hub for electronics system design and manufacturing. It… Continue reading Production Linked Incentive Scheme
Three Farm Acts and their constitutional debate.
Source: The Hindu Syllabus: Gs3: Issues and Challenges Pertaining to the Federal Structure, Devolution of Powers Context: The passage of the three Farm Acts has raised a constitutional debate on Union’s powers to legislate on state subjects. What are the three contentious farm bills? The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020. The… Continue reading Three Farm Acts and their constitutional debate.
Power sector in India
Source- The Indian Express Syllabus- GS 3- Infrastructure: Energy, Ports, Roads, Airports, Railways etc. Context– The financial hole into which the DISCOMS have fallen will deepen in light of COVID. What is UDAY scheme? Launched in November 2015, the Ujjwal DISCOM Assurance Yojana (UDAY) was designed to turn around the precarious financial position of state distribution companies (DISCOMS). The… Continue reading Power sector in India
