Source: The post is based on the article “A nudge on income tax mustn’t become a shove” published in the Livemint on 3rd February 2023. Syllabus: GS 3 – Government Budgeting. Relevance: About the new income tax regime. News: In the Budget 2023-24, the government introduced a new income tax regime. About the new tax regime… Continue reading New income tax regime: A nudge on income tax mustn’t become a shove
Current insight on the mechanisms of Cobra venom cytotoxins can help anti-venom therapy
Source: The post is based on the article “Current insight on the mechanisms of Cobra venom cytotoxins can help anti-venom therapy” published in PIB on 3rd February 2023 What is the News? Scientists have traced the mechanisms of the toxic action of cobra venom paving a path towards developing strategies for application of antivenom which… Continue reading Current insight on the mechanisms of Cobra venom cytotoxins can help anti-venom therapy
Tamil Nadu’s proposed Pen Monument to Karunanidhi’s memory — the plan and the criticism
Source: The post is based on the article “Tamil Nadu’s proposed Pen Monument to Karunanidhi’s memory — the plan and the criticism” published in Indian Express on 3rd February 2023. What is the News? A public hearing for the proposed ‘Pen Monument’ in memory of late Tamil Nadu chief minister and DMK patriarch M Karunanidhi… Continue reading Tamil Nadu’s proposed Pen Monument to Karunanidhi’s memory — the plan and the criticism
Budget 2023: 80,000 start-ups exempt from angel tax, says gov
Source: The post is based on the article “Budget 2023: 80,000 start-ups exempt from angel tax, says gov” published in Business Standard on 3rd February 2023 What is the News? The Finance Minister has made several announcements related to the startup sector in the Union Budget 2023-24. What are the announcements made in the Budget… Continue reading Budget 2023: 80,000 start-ups exempt from angel tax, says gov
Union Budget 2023-24: Push for ELS cotton yield to reduce imports
Source: The post is based on the article “Union Budget 2023-24: Push for ELS cotton yield to reduce imports” published in The Hindu on 3rd February 2023 What is the News? The Budget has proposed to enhance the productivity of extra-long staple (ELS) cotton through public-private partnerships. This is meant to lower the import dependence… Continue reading Union Budget 2023-24: Push for ELS cotton yield to reduce imports
No bar on contesting two seats in one poll
Source: The post is based on the article “No bar on contesting two seats in one poll” published in The Hindu on 3rd February 2023 Contents1 What is the News?2 What was the case about?3 What is the government’s stand on one candidate contesting from two seats?4 What are the concerns associated with one candidate… Continue reading No bar on contesting two seats in one poll
CITES database reveals red sanders smuggling
Source: The post is based on the article “CITES database reveals red sanders smuggling” published in The Hindu on 3rd February 2023 What is the News? The CITES trade database has recorded 28 incidents of red sanders confiscation, seizure and specimens from the wild being exported from India. What is Red Sanders? Red Sanders(Pterocarpus santalinus)… Continue reading CITES database reveals red sanders smuggling
Health ministry’s fight against sickle cell anaemia to follow Gujarat playbook
Source: The post is based on the article “Health ministry’s fight against sickle cell anaemia to follow Gujarat playbook” published in Economic Times on 2nd February 2023 Contents1 What is the News?2 What is Sickle Cell Anaemia?3 Sickle Cell Anaemia prevalence in Tribal Population4 How is the Government of India planning to tackle Sickle Cell… Continue reading Health ministry’s fight against sickle cell anaemia to follow Gujarat playbook
Cut in MGNREGS outlay is not a concern: Somanathan
Source: The post is based on the article “Cut in MGNREGS outlay is not a concern: Somanathan” published in The Hindu on 3rd February 2023. What is the News? In the Union Budget 2023-24, the Union Government has reduced the allocation for the Mahatma Gandhi National Rural Employment Guarantee Scheme(MGNREGS). What is the MGNREGA allocation… Continue reading Cut in MGNREGS outlay is not a concern: Somanathan
Union Budget 2023-24: Key Highlights – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What is the vision of the Union Budget 2023-24?3 What are the Priorities of the Union Budget 2023-24?4 What is the break-up of Government’s Revenue and Expenditure?5 What is the core strategy adopted by the Union Budget 2023-24?6 What are the major highlights of UnionBudget 2023-24?7 What are the… Continue reading Union Budget 2023-24: Key Highlights – Explained, pointwise
