Author: ForumIAS

Tax break to unlock oil, gas worth Rs 50 lakh crore; boost for ONGC, Cairn News: The cabinet approved fiscal incentives to unlock oil and gas by attracting investments and technology to raise the output of ageing oil fields. Important Facts:  Fiscal incentives worth Rs 50 lakh crore over the next 20 years will be… Continue reading Tax break to unlock oil, gas worth Rs 50 lakh crore; boost for ONGC, Cairn

EU Parliament OKs copyright rules that could be ‘catastrophic’ for Net . News: The EU parliament has approved new copyright rules which include stringent new automated checks for content before being posted on online platforms. Important Facts:  EU parliament bought controversial rules, known as Articles 11 and 13.  Article 11 introduces a “link tax” which… Continue reading EU Parliament OKs copyright rules that could be ‘catastrophic’ for Net .

The high cost of man-animal conflict Article AathiraPerinchery talks about several inconsistencies in compensation awarded for man-human wildlife conflict between states. Important facts According to 2010 to 2015 data by Bengaluru Centre for wildlife studies on man-human conflict shows Majority of the States awarded compensation for loss of livestock, human injury and death, due to… Continue reading The high cost of man-animal conflict

Petrol and diesel price continue to rise. Important News: Crude oil price rises to almost at $80 a barrel and raising concern. Why Fuel price continue to rise: Pricing Approach: – Oil marketing companies have switched to dynamic pricing approach. This was done to adopt market driven approach to adjust exchange rate and crude oil… Continue reading Petrol and diesel price continue to rise.

Sage advice News: Former RBI Governor Raghuram raised concern over high Non Performing Assets (NPA) of the banks. Important News: According to Raghuram, Government is not taking serious steps to tackle the issue of NPA. Factors contributing to high NPA and issues with them: MUDRA CREDIT: – Small loans provided to Micro and Small Medium… Continue reading Sage advice

An education that is in sync Article: R.B. Grover and HomiBhabha has discussed the importance of “general and specialized education in India. Important Analysis: All India Survey on Higher Education reports says, the Gross Enrollment Ratio (GER) in higher education has increased to 25.8 % in 2017-18 compared to 10 % in 2004-05. About Gross… Continue reading An education that is in sync

37% of women dying of suicide are Indians News: A series of studies published in The Lancet reported that India has had witnessed an alarming rise in the occurrence of heart disease, stroke, diabetes, cancers and suicides over the past 25 years. Important Facts: The report titled “India State-level Disease Burden Initiative” has analysed several… Continue reading 37% of women dying of suicide are Indians

Health Ministry bans 328 fixed dose combination drugs News: The Ministry of Health and Family Welfare (MoHFW) has prohibited the manufacture, sale or distribution of 328 fixed dose combinations (FDCs) for human use with immediate effect. FDCs : A drug which contains two or more active ingredients in a fixed dosage ratio. The FDC formulation… Continue reading Health Ministry bans 328 fixed dose combination drugs

Cabinet clears new procurement policy News: Recently, the Union Cabinet approved a new umbrella Scheme “Pradhan Mantri AnnadataAaySanrakshanAbhiyan’ (PM-AASHA) to guarantee MSP to the farmers. Important Facts: Minimum Support Price (MSP): Minimum Support Price is the price at which government purchases crops from the farmers, to safeguard their interests. Every year, under the MSP policy… Continue reading Cabinet clears new procurement policy

Mediterranean Black Carbon may be polluting Himalayas News Wadia Institute of Himalayan Geology (WIHG) has studied the impact of black carbon on Himalayas recently. Important facts The study revealed that black carbon coming from Mediterranean countries during the western disturbance may be one of the factors in diminishing snowfall in the region. Black Carbon It… Continue reading Mediterranean Black Carbon may be polluting Himalayas