For 7PM Editorial Archives click HERE → Introduction India is moving towards cooperative fiscal federalism by giving more money and power to state governments and decentralising its finances. Now, states get their share of taxes based on a formula instead of a grant, which gives them more spending freedom and flexibility. In the 2023–24 Union Budget provided an… Continue reading [Yojana March 2023 Summary] Towards cooperative fiscal federalism – Explained, pointwise
Author: Durai
Care, Common Sense – Demands for govt jobs for extended family members of martyrs must be resisted
Source: The post is based on the article “Care, Common Sense – Demands for govt jobs for extended family members of martyrs must be resisted” published in The Times of India on 13th March 2023. Syllabus: GS – 3 – employment. Relevance: About expanding the dependents for the compassionate jobs. News: Recently, the widows of Pulwama… Continue reading Care, Common Sense – Demands for govt jobs for extended family members of martyrs must be resisted
Silicon Valley Bank crisis: Reasons and Impacts - Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Recently, the California-based Silicon Valley Bank (SVB), a cornerstone of the US technology and startup industries, has failed. This marks the biggest bank failure since the 2008 financial crisis. The Silicon Valley Bank crisis has resulted in the subsequent seizure of SVB assets by regulators has generated a global wave of… Continue reading Silicon Valley Bank crisis: Reasons and Impacts - Explained, pointwise
Dump This Practice – Kochi garbage fire is a warning to all cities
Source: The post is based on the article “Dump This Practice – Kochi garbage fire is a warning to all cities” published in The Times of India on 11th March 2023. Syllabus: GS – 3 – Environmental pollution and degradation. Relevance: About Kochi garbage fire. News: Kochi became clouded in toxic fumes after the Brahmapuram dumpyard… Continue reading Dump This Practice – Kochi garbage fire is a warning to all cities
Multi-Angle Imager for Aerosols mission: NASA and Italian Space Agency join hands for satellite mission to monitor air pollution
Source: The post is based on the article “NASA and Italian Space Agency join hands for satellite mission to monitor air pollution” published in the Indian Express on 11th March 2023. What is the News? Recently, the National Aeronautics and Space Administration (NASA) announced that it is partnering with the Italian Space Agency ASI to build… Continue reading Multi-Angle Imager for Aerosols mission: NASA and Italian Space Agency join hands for satellite mission to monitor air pollution
Lunar time zone: The moon may get its own time zone: Here is why
Source: The post is based on the article “The moon may get its own time zone: Here is why” published in the Indian Express on 10th March 2023. What is the News? The European Space Agency (ESA) wants to give the moon its own time zone (Lunar time zone). What are the various lunar missions which… Continue reading Lunar time zone: The moon may get its own time zone: Here is why
A political and economic history of the Ajanta Caves
Source: The post is based on the article “A political and economic history of the Ajanta Caves” published in the Livemint on 11th March 2023. What is the News? Ajanta caves tells the story of the rise and sudden demise of the Vakataka empire, but also of the zenith of Buddhism as a state religion in India.… Continue reading A political and economic history of the Ajanta Caves
India-Australia relations: Challenges and Significance – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction The Australian Prime Minister (PM) is on a trip to India. During his visit, India and Australia signed an Audio-visual co-production agreement. The two Prime Ministers also discussed a range of domains to improve India-Australia relations. But to realise the full potential of India-Australia relations few concerns have to be… Continue reading India-Australia relations: Challenges and Significance – Explained, pointwise
Stopping the boats: On the U.K.’s new ‘Illegal Migration Law’
Source: The post is based on the article “Stopping the boats: On the U.K.’s new ‘Illegal Migration Law’” published in The Hindu on 10th March 2023. Syllabus: GS – 2 – Effect of policies and politics of developed and developing countries on India’s interests. Relevance: About UK’s new ‘Illegal Migration Law’. News: Recently, the United Nations… Continue reading Stopping the boats: On the U.K.’s new ‘Illegal Migration Law’
About improving financial inclusion: Breaking barriers, building inclusion
Source: The post is based on the article “Breaking barriers, building inclusion” published in the Business Standard on 10th March 2023. Syllabus: GS – 3 – Inclusive growth and issues arising from it. Relevance: About improving financial inclusion. News: According to the latest Findex Report by the World Bank, around one-third of adults still lack access… Continue reading About improving financial inclusion: Breaking barriers, building inclusion
