Relevance: Inefficient discoms have been a critical problem for India’s power sector since long. Synopsis: Smart meters have the power to improve the revenue recovery rate of discoms and ensure better electricity services to the consumer. But such outcomes can be expected only if our roll-out program are executed well and not in haste. Background: Announced in Union Budget 2020 –21, smart… Continue reading Smart Metering Program shouldn’t be implemented in Haste
Author: ForumIAS
What is Delta Plus variant?
Context: A new variant of the coronavirus has been detected in some states. Can this stronger mutation lead to a third wave? Contents1 What is the Delta Plus variant? 2 WHO nomenclature of the Covid-19 variants: 3 Why is it a cause for concern? 4 How is research community responding to newer variants? What is the Delta Plus variant? It is a further mutation of prevalent… Continue reading What is Delta Plus variant?
Russia, U.K. spar over Black Sea incident
Contents1 What is the News? 2 About Black Sea:3 Connecting water bodies: 4 Meromictic Basin: What is the News? Russia has accused the UK of spreading lies over a warship confrontation in the Black Sea.It has warned Britain that it would respond more firmly to any further provocative actions by the British Navy off the coast of Russia-annexed Crimea. … Continue reading Russia, U.K. spar over Black Sea incident
India proposes action against LeT, Jaish within SCO framework
Contents1 What is the News? 2 Important Facts mentioned in the meeting 3 International North-South Transport Corridor(INSTC): 4 Ashgabat Agreement What is the News? India’s National Security Advisor(NSA) has attended a meeting of NSAs from Shanghai Cooperation Organisation(SCO) member countries in Dushanbe, capital of Tajikistan. Important Facts mentioned in the meeting Financial Action Task Force (FATF): The Financial Action Task… Continue reading India proposes action against LeT, Jaish within SCO framework
PM backs delimitation exercise, grassroots democracy in J&K
What is the News? Delimitation of constituencies is being carried out in union territory of Jammu and Kashmir. Recently, Prime Minister of India chaired a meeting with political parties of Jammu and Kashmir. What is Delimitation? Delimitation is the redrawing of boundaries of an assembly or Lok Sabha constituency to reflect changes in the population of a region. Conducted by: The Parliament enacts a… Continue reading PM backs delimitation exercise, grassroots democracy in J&K
23 states at additional Covid risk due to Biomedical waste
Relevance: Prior to pandemic itself, India’s biomedical waste management capacity was already limited. With the advent of pandemic, biomedical waste generation has increased manifold. What is the News? A study was conducted by the International Institute for Population Science (IIPS) to determine the Covid risk due to increase in Biomedical Waste. What is Biomedical Waste? Biomedical Waste means any waste… Continue reading 23 states at additional Covid risk due to Biomedical waste
Securities market: On the cusp of change
Relevance: A robust financial market is critical for optimum channelization of surplus in an economy. Synopsis: We need to establish a capable financial market system. One of the challenges is the less than perfect functioning of regulatory bodies. Problems with the regulators Concentrated power: Regulators in India are unique in having concentrated power, with an intermixing… Continue reading Securities market: On the cusp of change
Geography Quiz: Introduction: Location, Area and boundaries of India | 26 June, 2021
Good Morning Friends, We are Posting Today’s Prelims Marathon Quiz Geography News Geography Quiz [WpProQuiz 2621]
A system of shared IDs can globalize digital currencies
Relevance: Digital currencies are gaining global attention. Even an inter-ministerial committee (IMC) suggested to introduce National Digital Currency under the RBI. Synopsis: The major countries of the world are planning to issue their respective digital currencies whose success depends on the degree of global acceptance and transferability. Background: Digital Currency is a direct claim on a central bank, like regular cash. FedCoin,… Continue reading A system of shared IDs can globalize digital currencies
RBI issues guidelines for NBFCs to declare dividend
What is the News? The Reserve Bank of India(RBI) has issued guidelines that spell out the eligibility criteria for non-banking finance companies(NBFCs) to declare dividends. What is Dividend? Dividend is a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves). What is NBFC? A Non-Banking Financial… Continue reading RBI issues guidelines for NBFCs to declare dividend
