Panel for adopting UN model on cross-border insolvency 

Panel for adopting UN model on cross-border insolvency  News: The Insolvency Law Committee (ILC) has suggested amendments to India’s Insolvency and Bankruptcy Code (IBC) to align it with United Nations’ model to handle cross-border insolvency cases. Important Facts: The ILC headed by Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas recommended the adoption of the… Continue reading Panel for adopting UN model on cross-border insolvency 

Turf battle: on independent payments regulator

Turf battle: on independent payments regulator News: The Reserve Bank of India (RBI) has opposed the move to have an independent Payments Regulatory Board (PRB) as envisaged by the draft proposal for amendments to the Payment & Settlement Systems Act, 2007. Important Facts: About the Payments Regulatory Board (PRB) : The Union Government in Budget… Continue reading Turf battle: on independent payments regulator

Where Ganga meets the Bay of Pollution

Where Ganga meets the Bay of Pollution News: A research paper highlighted the worsening water quality of Ganga river after the Ganga Sagar Mela celebrated on Sagar Islands (West Bengal) Important Facts: A paper titled ‘Pollution and its consequences at Ganga Sagar mass bathing in India’, was published recently in the journal Environment, Development and… Continue reading Where Ganga meets the Bay of Pollution

In urban U.P., 87% of waste from toilets goes to rivers, agri land’

In urban U.P., 87% of waste from toilets goes to rivers, agri land’ News: 1.    A Study by Centre for Science and Environment (CSE) has expressed concern over the sewerage system and wastewater management in Uttar Pradesh (UP). Important Facts: Findings of the study: According to CSE, onsite sanitation systems such as septic tanks or… Continue reading In urban U.P., 87% of waste from toilets goes to rivers, agri land’

Lower judiciary vacancies unacceptable: SC

Lower judiciary vacancies unacceptable: SC News: The Supreme Court took suo motu cognisance of over 5,000 vacancies in the lower judiciary across the country. Important Facts: Under the schedule, the process for recruitment for filling posts for “Higher Judicial Service” and “Lower Judicial Service” has to commence on March 31 and be completed by October… Continue reading Lower judiciary vacancies unacceptable: SC

Why are media regulators soft with scribes, asks SC

Why are media regulators soft with scribes, asks SC News: Supreme Court (SC) expressed concern over the repeated violations seen in media while covering sensitive cases. Important Facts: The SC also questioned the media regulators like Press Council of India (PCI), Editors Guild of India, National Broadcasting Standards Authority (NBSA), and the Indian Broadcasting Federation… Continue reading Why are media regulators soft with scribes, asks SC

Answers: Mains Marathon – UPSC Mains Current Affairs Questions – October 22, 2018

Archives Q.1) The Reserve Bank of India (RBI) recently opposed the move by an Inter-Ministerial Committee for an independent Payments Regulatory Board. Discuss the viability of a payment regulator  independent from RBI.   Answer: Ratan Watal Committee recommendations(wrt payment regulator): Proposed to make regulation of payments independent from the function of central banking to give the… Continue reading Answers: Mains Marathon – UPSC Mains Current Affairs Questions – October 22, 2018

Centre imposes 25% safeguard duty on import of solar cells

Centre imposes 25% safeguard duty on import of solar cells News: Recently, the Centre has issued a notification to impose a safeguard duty of 25% on import of solar cells.  Important facts: 2. The decision by the government follows a long deliberation by the Director General of Trade Remedies, which recommended the safeguard duty structure.… Continue reading Centre imposes 25% safeguard duty on import of solar cells

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A fundamental error

A fundamental error Article: Apar Gupta and Ujwala Uppaluri, practicing advocates, highlighted that the Srikrishna report on data protection misinterprets the Supreme Court’s right to privacy judgment. Important facts: 2. Last year the Supreme Court judgment on the right to privacy imposed upon the government an obligation to make a law safeguarding a person’s informational… Continue reading A fundamental error

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Rajasthan first State to implement biofuel policy

Rajasthan first State to implement biofuel policy News:  Rajasthan has become the first State in the country to implement the national policy on biofuels. Important facts: 2. The policy was unveiled the government recently. 3. Rajasthan will lay emphasis on increasing production of oilseeds and establish a Centre for Excellence in Udaipur to promote research… Continue reading Rajasthan first State to implement biofuel policy

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