Source- The Indian Express Relevance: Bharat-Net project is very important for digitisation of rural India Synopsis – The Union cabinet revised the Bharat-Net implementation strategy to speed up the rollout of high-speed optical fiber-enabled broadband. Introduction- The Bharatnet project was meant to cover all 2.5 lakh gram panchayats [GM] with high-speed optical fiber-enabled broadband. It… Continue reading Bharat-Net fails to enter fast lane – Both phases staring at delay amid COVID
India’s OECD tax deal may have revenue implications, say experts
Source: Business Standard Relevance: Equalisation Levy and Global minimum Tax rate aim to tax digital services at the global level. Synopsis: Agreeing to the Global minimum Tax rate will impact India’s Equalisation Levy and create revenue implications. About the Deal: India recently joined the OECD-G20 framework for a global minimum tax. But the deal will… Continue reading India’s OECD tax deal may have revenue implications, say experts
SEBI’s new rules for Independent directors
Source: Indian Express Synopsis: The new rules for independent directors aim to ensure checks and balances. Background: The recent controversy over the issuance of preference shares by PNB Housing Finance has raised concerns over the role of independent directors in India. Such concerns over the independence of independent directors are not new. Questions have repeatedly… Continue reading SEBI’s new rules for Independent directors
India to divert excess waters under Indus treaty to irrigate own land
Source: Livemint What is the News? India is working on exercising its rights to stop excess water flowing to Pakistan under the Indus Waters Treaty of 1960 to irrigate its own lands. About Indus Water Treaty: The Indus Water Treaty,1960 is a water-distribution treaty between India and Pakistan with the World Bank also being a… Continue reading India to divert excess waters under Indus treaty to irrigate own land
Without Aadhaar, without identity
The Indian Express Relevance: Aadhaar number will help the residents to avail various services provided by banking, mobile phone connections and other Govt and Non-Govt services. Synopsis: Despite the large scale usage, the Aadhar system still has some inherent disadvantages. Disadvantages of Aadhar system: The problem is that the only record many people have of… Continue reading Without Aadhaar, without identity
World without narrow domestic walls
Source: Indian Express Relevance: This article depicts the main reasons behind increasing vaccine nationalism. Synopsis: The current world order operates under the principle of national sovereignty and national interest, as witnessed by emerging vaccine nationalism during the pandemic. Nonetheless, a better world can be created if the international order is redesigned around the concept… Continue reading World without narrow domestic walls
A farmer-friendly solution to cut cattle methane emissions
Source: Indian Express What is the news: ICAR develops a feed supplement that reduces emissions and also boosts milk production. Contribution of cattle in methane emissions Methane is a more potent greenhouse gas that has a global warming potential of 25 times of carbon dioxide (CO2) over 100 years. An average lactating cow or buffalo… Continue reading A farmer-friendly solution to cut cattle methane emissions
How India stands to gain from the proposed global minimum tax
Source: Livemint What is the News? India and the 129 countries have backed a Global Minimum Corporate Tax. It will keep multinational firms from avoiding taxes by shifting their profits to countries with low rates. What was the need for the Global Minimum Corporate Tax(GMCT) deal? Governments have long-faced the challenge of taxing global companies… Continue reading How India stands to gain from the proposed global minimum tax
Govt issues draft norms to regulate direct selling cos
Source: TOI What is the News? The Ministry of Consumer Affairs has issued the Draft for Consumer Protection Rules (Direct Selling) 2021. Key Features of the Draft Consumer Protection Rules (Direct Selling) 2021: Applicability of Rules: These rules will apply to: All goods and services brought or sold through direct selling All direct selling entities… Continue reading Govt issues draft norms to regulate direct selling cos
Rural Power sector – Way ahead: Explained, pointwise
Source: The Hindu Syllabus: GS 3 – Infrastructure: Energy Relevance: India’s power sector and the problems with Discoms need radical solutions to achieve Energy Security. Contents1 Introduction2 About the Electrification problem3 Rajasthan Electricity Regulatory Commission’s order4 Challenges faced by the Power Sector at present5 Significance of the RERC Order to power sector6 Suggestions Introduction Recently,… Continue reading Rural Power sector – Way ahead: Explained, pointwise
