Synopsis: Stimulating Economic growth and Mass vaccination are key to overcome the pandemic-induced economic crisis in India. Increasing public expenditure on health can help India recover from the economic crisis. Background A nominal growth of 14.4% was assumed in the Union Budget. However, because of a prolonged lockdown, India will witness a fall in the… Continue reading Public Expenditure on Health Needs to be Reprioritised
Category: Daily News Updates
Need for Eco Tax in India
Synopsis: Eco Tax in India can be useful for sustaining public Health financing as well as in mitigating effects of climate change. Contents1 Background2 Benefits of implementing Eco Tax in India3 How Eco tax can be implemented?4 What is the way forward? Background India’s tax revenue decreased significantly during the Pandemic. It has resulted in… Continue reading Need for Eco Tax in India
Significance of SC Ruling on Personal Guarantors for Corporate Loans
Synopsis – The Apex Court has dismissed all challenges to the liability of personal guarantors for corporate loans under the insolvency code. Introduction The Supreme Court upheld a government notification of 2019 issued under the Indian Insolvency and Bankruptcy Code (IBC). This allows banks to initiate insolvency proceedings against personal guarantors who are usually promoters… Continue reading Significance of SC Ruling on Personal Guarantors for Corporate Loans
UK’s Electronic Travel Authorisation Scheme
Contents1 2 What is the News?3 About Electronic Travel Authorisation(ETA) Scheme:4 Significance of this new scheme: What is the News? The United Kingdom(UK) has announced plans for a fully digital border with the launch of Electronic Travel Authorisation Scheme. About Electronic Travel Authorisation(ETA) Scheme: The scheme is similar to the U.S.-style electronic travel authorization. It… Continue reading UK’s Electronic Travel Authorisation Scheme
SC Ruling on Personal Guarantor’s Liability for Corporate Debt
Contents1 What is the News?2 Who is a personal guarantor?3 What is the issue?4 What has the Supreme Court said? What is the News? The Supreme Court has upheld the government’s move to allow lenders to initiate insolvency proceedings against personal guarantors. Who is a personal guarantor? To showcase their intent to repay the bank… Continue reading SC Ruling on Personal Guarantor’s Liability for Corporate Debt
How UNESCO Grants World Heritage Site tag?
Contents1 2 What is the News?3 What is a Tentative list?4 About 14 Forts in Maharashtra’s Proposal: What is the News? The Maharashtra government has submitted a list of 14 fort sites to be included in the Tentative list of UNESCO World Heritage Sites. These sites are from the era of 17th century Maratha king… Continue reading How UNESCO Grants World Heritage Site tag?
International Day for Biological Diversity
Contents1 2 What is the News?3 About International Day for Biological Diversity(IDB):4 About Convention on Biological Diversity(CBD):5 Convention Protocols and other Initiatives: What is the News? International Day for Biological Diversity (IDB) is observed every year on 22nd May. About International Day for Biological Diversity(IDB): The United Nations has proclaimed May 22 as the International… Continue reading International Day for Biological Diversity
“Dipcovan Kit” -DRDO develops Antibody Detection Kit
Contents1 2 What is the News?3 About Dipcovan Kit:4 About ELISA: What is the News? Defense Research and Development Organisation(DRDO) has developed a Covid-19 antibody detection kit named Dipcovan. About Dipcovan Kit: Firstly, Dipcovan kit is a Covid-19 antibody detection kit. Defence Institute of Physiology and Allied Sciences lab of DRDO developed it in association… Continue reading “Dipcovan Kit” -DRDO develops Antibody Detection Kit
“BRICS Astronomy Working Group” Proposes Networking of Existing Telescopes
Contents1 What is the News?2 About BRICS Astronomy Working Group(BAWG):3 About 7th BRICS Astronomy Working Group(BAWG) Meeting:4 About BRICS: What is the News? India virtually hosted the 7th meeting of the BRICS Astronomy Working Group (BAWG) under the Science, Technology, and Innovation track of the BRICS 2021. Note: India has assumed the BRICS Presidency from… Continue reading “BRICS Astronomy Working Group” Proposes Networking of Existing Telescopes
How Whiteflies are Damaging Crops in India?
What is the News? According to a study by ICAR– National Bureau of Agricultural Insect Resources, Invasive Whiteflies Species are increasing in India. Whiteflies: Whiteflies are sap-sucking insects. They are members of the insect family Aleyrodidae (order Homoptera). These insects become abundant during warm climates and are found on houseplants and in greenhouses. Origin: Most… Continue reading How Whiteflies are Damaging Crops in India?