What is the News? The Ministry of Civil Aviation has taken several steps in the Civil Aviation Sector. Several of these steps are: Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik (RCS-UDAN) Krishi UDAN Scheme Drone Rules,2021 Digital Sky Platform(DSP): It has been launched to regulate the entire gamut of activities pertaining to drone… Continue reading Year End Review -2021- Ministry of Civil Aviation
AT1 Bonds: Did RBI Change its mind on YES Banks AT1 Bonds?
What is the News? In March 2020, news emerged that the Reserve Bank of India’s(RBI) reconstruction plan for Yes Bank would involve the write-off of Rs 9,000 crore worth of AT-1 bonds. This decision is being contested in courts by the bondholders and mutual funds that have taken the AT-1 bonds. Read more: Green bonds… Continue reading AT1 Bonds: Did RBI Change its mind on YES Banks AT1 Bonds?
Why is the IMF trying to be an aid agency?
News: There are strong arguments for revamping the financial structure of the IMF. The International Monetary Fund (IMF) attempting to modify itself into an aid agency, instead of embracing its traditional role of helping troubled debtor countries. What is the issue with the IMF’s financial structure? Due to the absence of strict conditionality requirements, the vast… Continue reading Why is the IMF trying to be an aid agency?
Space issues: China and Musk’s row in space
Contents1 What is the News?2 Why did China approach the UN?3 How does the UN help with space issues?4 Can such space incidents happen again? What is the News? Recently, China has said that its astronauts aboard the Tiangong Space Station had to take evasive measures to avoid a potential collision with two of SpaceX’s… Continue reading Space issues: China and Musk’s row in space
Bioenergy crops create cooling effect on cultivated areas: Study
What is the news? According to a study, converting annual crops to perennial bioenergy crops can induce a cooling effect on the areas where they are cultivated. The study was undertaken to look at the biophysical climate effects of bioenergy crops to fully assess their role in climate mitigation. What are Bioenergy Crops? Bioenergy is… Continue reading Bioenergy crops create cooling effect on cultivated areas: Study
Year End Review: Department of Youth Affairs
What is the news? The Ministry of Youth Affairs and Sports has launched and taken part in several initiatives in 2021. Several of these initiatives are: Ek Bharat Shreshtha Bharat Programme (EBSB) National Youth Parliament Festival: It was organized to hear voices of youth through deliberations at district, state & national levels. National Road Safety… Continue reading Year End Review: Department of Youth Affairs
Defence Minister inaugurates Kalpana Chawla Centre for Research in Space Science & Technology at Chandigarh University
What is the news? The Defence Minister has inaugurated the Kalpana Chawla Centre for Research in Space Science & Technology at Chandigarh University. He also launched a Scholarship Scheme, worth Rs 10 crore, for the wards of Defence Personnel of the three Services. What is the purpose of Kalpana Chawla Centre for Research in Space… Continue reading Defence Minister inaugurates Kalpana Chawla Centre for Research in Space Science & Technology at Chandigarh University
China constructing bridge on Pangong Tso
What is the news? China is building a bridge across the Pangong Tso Lake. Where is China constructing the bridge? China is constructing a bridge in Eastern Ladakh connecting the North and South Banks of Pangong Tso. The bridge is located in Chinese territory. But the bridge would significantly bring down the time for People’s… Continue reading China constructing bridge on Pangong Tso
The lethal use of drones can’t carry on as a global free-for-all
News: With the advancement in drone technology and a lack of global norms, the second drone age has been marred with high-end violence using drones. Hence, the regulatory oversight of Unmanned Aerial Vehicles (UAVs) should be an international priority. Without it, the only certainty is that drone technology will continue to advance everywhere. There will… Continue reading The lethal use of drones can’t carry on as a global free-for-all
The 21st century challenge for democracy
News: The 20th century was seen as the century of democracy’s expansion. But the recent factors like rise of authoritarian regimes, parties with huge majority and hype of nationalism have somewhat endangered democracy. If it has to be prevented from this decay, then the public discourse around questions of its meaning, purpose and limits… Continue reading The 21st century challenge for democracy
