9 PM Daily Current Affairs Brief – July 1st, 2021

Dear Friends, We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do:  Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough and… Continue reading 9 PM Daily Current Affairs Brief – July 1st, 2021

Cabinet approves Rs. 3.03 lakh crores reform-based power distribution scheme

Source: PIB  What is the News? The Union Cabinet has approved a Reforms-based and Results-linked, Revamped Power Distribution Sector Scheme. About Reform Based Power Distribution Scheme: Aim: To improve the operational efficiencies and financial sustainability of DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance for strengthening of supply infrastructure. Objectives of… Continue reading Cabinet approves Rs. 3.03 lakh crores reform-based power distribution scheme

Atal Innovation Mission concludes first fintech cohort of ‘AIM-iLEAP’

Source: PIB What is the News? Atal Innovation Mission has concluded its first fintech cohort of AIM-iLEAP- an initiative to back tech start-ups with much-needed access to industry, markets and investors. About AIM-iLEAP Initiative: AIM-iLEAP (Innovative Leadership for Entrepreneurial Agility and Profitability) initiative was organised by Atal Innovation Mission(AIM) in partnership with Startup Réseau and… Continue reading Atal Innovation Mission concludes first fintech cohort of ‘AIM-iLEAP’

Black carbon could lead to premature mortality: Study

Source: PIB What is the News? According to a study, Black Carbon has a significant adverse effect on human health and leads to premature mortality. Key Findings of the Study: The Indo-Gangetic plain has a high burden of black carbon with serious implications for regional climate and human health. A 10-point increase in air pollution… Continue reading Black carbon could lead to premature mortality: Study

SERB launches Fund for Industrial Research Engagement (FIRE) Initiative

Source: PIB What is the News? Science and Engineering Research Board (SERB) in collaboration with Intel India has launched the Fund for Industrial Research Engagement(FIRE) Program. About Fund for Industrial Research Engagement(FIRE) Program: The FIRE program is a joint government and industry initiative with an aim to promote innovative technology solutions and strengthen academic research… Continue reading SERB launches Fund for Industrial Research Engagement (FIRE) Initiative

Accredited investors: All you need to know about this new category

Source: Livemint What is the News? Securities and Exchange Board of India(SEBI) has come up with a framework for creating so-called accredited investors. What are Accredited Investors? Accredited Investors are those investors who may be considered to be well-informed or well-advised about investment products. Eligibility to become Accredited Investor: Anyone is eligible to become an… Continue reading Accredited investors: All you need to know about this new category

Understanding Stability in Power Supply in 2024

Source: Business Standard Contents1 Synopsis:1.1 About Japanese Investment in Solar Energy:1.2 Solar Power Cost Trajectory in India:1.3 Challenges in Solar Energy:1.4 How to Improve India’s Solar Energy? Synopsis: India’s solar energy price reduction needs other reforms from the government to enhance India’s solar capacity. About Japanese Investment in Solar Energy: In 2015, Japan’s SoftBank Group… Continue reading Understanding Stability in Power Supply in 2024

Patent Waiver Talks Falter on Developed Nations’ Hurdles

Source: Times of India Synopsis: After showing some promise, the patent waiver talks at the World Trade Organization (WTO) have hit a hurdle due to a split between the developed and developing countries. What Developing Countries Want, and What is The EU Proposing? India and South Africa have suggested that their proposal for Covid drugs,… Continue reading Patent Waiver Talks Falter on Developed Nations’ Hurdles

GST at four: A dive into the milestones and the unfinished agenda

Source: Business Standard Relevance: GST has completed 4 years, since its implementation. Goods and Services Tax (GST) marked a new chapter in India’s taxation. It has completed four years. Following are the major highlights of its journey, till now. Revenue collection: Before April, the monthly collection of GST was ₹ 95,000 crore on average. However,… Continue reading GST at four: A dive into the milestones and the unfinished agenda

Economic reforms in 1991 – Explained, pointwise

Source: The Hindu and The Business Standard Syllabus: GS 3 – Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Relevance:  Economic reforms of 1991 revolutionized the Indian economy. It is important to analyze their success and failures. Contents1 Introduction2 Condition of Indian economy prior to economic reforms… Continue reading Economic reforms in 1991 – Explained, pointwise

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