Author: prashant shekhar

News: The Centre will release the final rules on greenwashing, and violations of these rules will invite penalties under the provisions of the Consumer Protection Act, 2019. 1. Greenwashing: It refers to the process of a company misleading consumers about the environmental benefits of their products or practices. 2. Also known as ‘green sheen’, it… Continue reading Centre prepares new rules to curb greenwashing

News: The Union Government signed a deal with Global Biofuel Alliance (GBA), giving the body the status of an ‘independent and international legal entity’. This diplomatic status is like the status enjoyed by Coalition for Disaster Resilient Infrastructure (CDRI) and International Solar Alliance (ISA). 1. Global Biofuel Alliance (GBA): It was launched by PM Narendra… Continue reading Biofuel alliance gains diplomatic status

News: Commission for Air Quality Management has stated in the Supreme Court that farm fires have reduced by 50% in the last three years, but overage vehicles have reduced the air quality. 1. .Commission for Air Quality Management (CAQM): It is statutory body established under the provisions of Commission for Air Quality in National Capital… Continue reading CAQM: Overage vehicles adding to winter choke

News: India has extended economic aid to Maldives in the form of currency swap arrangements to help it overcome the domestic economic crisis. Maldives President’s recent visit to India has strengthened the bilateral ties between countries, particularly after his ‘India Out’ election campaign. 1. Currency Swap Arrangements: It is a financial arrangement between two countries… Continue reading First Responder

News: Israel airstrike that targeted at least one senior Hezbollah figure in central Beirut led to killing of two people and injuring UN peacekeepers. 1. Hezbollah: It is a Lebanon bases Shiite Muslim political and militant organization. 2. It was established in 1982, as a response to Israeli occupation of southern Lebanon. 3. Iran provides… Continue reading Israel targets Hezbollah in central Beirut, fires on UN peacekeepers

News: UNDP will partner with NITI Aayog as India is crucial to the successful attainment of Sustainable Development Goals (SDG) 1. Sustainable Development Goals (SDG): They are a set of 17 goals that were adopted by all United Nations member states in 2015, with the idea of ending poverty, protecting the planet and ensuring that… Continue reading UNDP to work with NITI Aayog on sustainable development

News: World Banks’s World Development Report 2024 has brought into focus the phenomenon of the ‘middle income’ trap. 1. World Development Report: It is an annual report published by the World Bank that provides invaluable insights on a specific aspect of global development. It focuses on themes like economic growth, sustainable development, and poverty reduction.… Continue reading Can India escape middle- income trap?

News: While responding to a Right to Information (RTI) application, Ministry of Home Affairs said that information on applicants who became Indian citizens under the Citizenship (Amendment) Act, 2019 is not readily available. 1. Citizenship (Amendment) Act, 2019: This Act amended the Citizenship Act, 1955 to fast-track Indian citizenship to Hindus, Sikhs, Buddhists, Jains, Parsis… Continue reading Info on CAA beneficiaries is not readily available: MHA

News: The Parliamentary committee on finance has asked the Ministry of Corporate Affairs to explain a drop in funding for some regulators, like NFRA, CCI, in the revised estimates for FY24. It has also sought the track record of certain regulators, like SFIO, in handling cases. 1. National Finance Reporting Authority (NFRA): Its function is… Continue reading Panel asks MCA to explain funding cuts for regulators