Source: Livemint Syllabus: Indian Economy and issues relating to planning, mobilization, of resources Synopsis: The World Bank releases a Global Economic Prospects (GEP) report twice a year. It is the most important source for evaluating the current and future outlook for emerging markets and developing economies (EMDEs). The recently released edition is significant because of the… Continue reading World Bank’s Global Economic Prospects (GEP)
Category: Daily Factly articles
Govt Plans national stockpile of life-saving drugs
Source: TOI What is the News? The Government of India is in discussions with the pharma and medical devices industry to create a “National Stockpile of Life Saving Drugs and Vital Equipment” to combat the third Covid wave. What is the current system of Life Saving Drugs Storage? Currently, the government is undertaking only a… Continue reading Govt Plans national stockpile of life-saving drugs
Hope to resolve Covishield-EU issue soon, says Adar Poonawalla
Source: The Hindu What is the news? Serum Institute of India (SII) Chief Executive Officer has raised the issue of the European Union’s (EU) ‘Green Pass’ at the highest level in the EU. What is the issue? A lot of Indian travellers, who are vaccinated with Covishield may not be eligible for the European Union’s ‘green pass’.… Continue reading Hope to resolve Covishield-EU issue soon, says Adar Poonawalla
India successfully test-fires Agni P, a new missile in Agni series
Source: PIB What is the News? Defence Research and Development Organisation(DRDO) has successfully flight-tested a New Generation Nuclear-Capable Ballistic Missile Agni P from Dr APJ Abdul Kalam island off the coast of Odisha. About Agni-P: Agni P is a new generation advanced variant of the Agni class of missiles. Features of Agni P Missile: Canister… Continue reading India successfully test-fires Agni P, a new missile in Agni series
Govt. unveils Rs 6.28 lakh cr stimulus post second COVID wave
Source: The Hindu, Indian Express, PIB, Livemint Contents1 What is the News?2 Economic Relief from Pandemic:3 Strengthening Public Health4 Impetus for Growth & Employment: What is the News? Union Finance Minister has announced a number of measures to provide relief to diverse sectors affected by the 2nd wave of COVID-19 pandemic. What are the measures… Continue reading Govt. unveils Rs 6.28 lakh cr stimulus post second COVID wave
INS Tabar deployed for naval exercises in Africa, Europe till September
What is the News? Indian Naval Ship(INS) Tabar started its prolonged deployment on June 13. It will now visit a number of ports in Africa and Europe till September end, 2021. What will INS Tabar do? INS Tabar will transit across the Gulf of Aden, Red Sea, Suez Canal, Mediterranean Sea, North Sea and Baltic Sea. The ship will also… Continue reading INS Tabar deployed for naval exercises in Africa, Europe till September
Indian scientists develop nanogenerator for use in self powering devices
What is the News? A team of Indian scientists have developed a transparent triboelectric nanogenerator device. About Triboelectric Nanogenerator(TENG)? A triboelectric nanogenerator(TENG) is a self-powered device that makes use of mechanical energy in the form of vibrations present everywhere in different forms to generate electricity. Working: It works on the principle of creation of electrostatic charges… Continue reading Indian scientists develop nanogenerator for use in self powering devices
Govt plans to contest Supreme Court order on great Indian bustard
Synopsis: Govt plans to contest Supreme Court order on great Indian bustard Background Recently, public interest litigation was filed by a few wildlife activists to protect the “critically endangered” the great Indian bustard. The petitioners urged that the overhead electric lines that are causing mortality to the birds should be avoided. In response, the Supreme… Continue reading Govt plans to contest Supreme Court order on great Indian bustard
E-commerce norms on global lines: Government
Relevance: Synopsis: The EU and countries like the US, Australia, Japan and Singapore, have strict e-commerce regulations. The proposed Draft e-commerce rules are aimed at fulfilling the evolving global architecture. How are the e-commerce companies governed globally? The European Union: In December 2020, the European Commission proposed a digital regulation package consisting of the Digital Services Act… Continue reading E-commerce norms on global lines: Government
Our record forex reserves must be seen in the right perspective
Synopsis: India’s Foreign exchange reserves have registered a record increase. However, analyzing factors and impacts of this increase are important. Introduction India’s foreign exchange reserves crossed $600 billion for the first time. On July 11, the reserve stood at $608.1 billion. Out of that foreign currency reserves account for $563.5 billion and gold reserves accounts for… Continue reading Our record forex reserves must be seen in the right perspective
