What is the news? All Railway services have been merged under one category called the Indian Railways Management Services (IRMS) under Group A central services. What is the significance of the move? The move will help to fasten decision-making and also bring an end to departmentalism and culture of silos. It will also wave… Continue reading 2 years on, all railway cadre services merged into one
India, Australia set to finalise mini FTA
What is the News? India and Australia will be finalising a mini Free Trade Agreement(FTA) called the Early Harvest Agreement. Note: An Early Harvest deal is a precursor to an FTA in which the trading partners reduce tariff barriers on limited goods to promote trade. What will be covered in the Early Harvest Agreement? The… Continue reading India, Australia set to finalise mini FTA
Explained: What RBI’s status quo means for stock investors and borrowers
What is the News? The six-member Monetary Policy Committee(MPC) of the Reserve Bank of India (RBI) has kept key policy rates – Repo rate, Reverse repo rate and the Bank rate – unchanged for the 10th time in a row and retained the accommodative policy stance. Why has RBI kept the interest rates unchanged? RBI… Continue reading Explained: What RBI’s status quo means for stock investors and borrowers
New artificial Intelligence-based tools can help finding habitable planets
What is the News? Using Artificial Intelligence, Indian Astronomers have devised a new method to identify potentially habitable planets with a high probability. What is the method adopted by Indian Astronomers to identify potentially habitable planets? The method is named as Anomaly Detection Method. This method is based on the postulate that Earth is an… Continue reading New artificial Intelligence-based tools can help finding habitable planets
Police – Training, Modernisation and Reforms Report: 648 police stations lack phone connection: Parliamentary Panel
What is the News? The Parliamentary Panel on Home Affairs has submitted a report in Rajya Sabha titled ‘Police – Training, Modernisation and Reforms’. What are the key findings of the report? As many as 648 police stations in the country do not have telephones. The largest shortfall was found in the North-East States. Around… Continue reading Police – Training, Modernisation and Reforms Report: 648 police stations lack phone connection: Parliamentary Panel
How to expand India’s forest cover
News: India State of Forest Report (ISFR) 2021 recently released its report, which attracts many questions about the definition of forests and plantation. This article gives answers to all that queries. Read here: India State of Forest Report 2021 – Explained, pointwise About definition of forest India’s definition of forest cover is in sync with that… Continue reading How to expand India’s forest cover
Time to end employer criminalisation
News: The recent budget has prioritized Ease of Doing Business (EODB) 2.0. The article says that criminalization of employers has affected productivity of Indian economy, hence there is need to relook the jail provisions and simplify the laws. Why there is need to reconsider employer criminalization? One, the excessive criminalisation of employers has painful consequences… Continue reading Time to end employer criminalisation
An MSP scheme to transform Indian agriculture
News: The article suggests a different way of designing a minimum support price (MSP) to transform Indian agriculture. How the current price stabilization policy for food grains has evolved? The Essential Commodities Act in 1955 was passed to counter price rise due to speculative private trading, and then MSP came in the 1960s. Then, a… Continue reading An MSP scheme to transform Indian agriculture
Consolidate clearances-4 steps for effective green clearances
News: Environmental Clearance to various developmental projects has been at the core of Environment- development debate. However both Environment and development are not the two different ends of a spectrum and can definitely coexist if some changes are made to our green clearance policy. What will make the system more effective? There is a… Continue reading Consolidate clearances-4 steps for effective green clearances
A growth focused monetary policy
News: To maintain a desired growth rate, Reserve Bank has kept an accommodative policy stance despite the new risks from elevated crude oil prices and the possibility of aggressive policy measures by the US Federal Reserve. What is accommodative policy stance and its impact? An accommodative stance means the central bank is prepared to expand… Continue reading A growth focused monetary policy
