9 PM Daily Current Affairs Brief – September 23rd, 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 – September 23rd, 2021

Creative destruction’ dents inclusion, ups output: Das

Contents1 What is the News?2 What are the key highlights of his address?2.1 On Covid-19 Impact2.2 On Digitisation3 What is the way forward then? What is the News? The Reserve Bank of India(RBI) Governor has delivered his keynote address at the National Management Convention of the All India Management Association (AIMA). What are the key… Continue reading Creative destruction’ dents inclusion, ups output: Das

CSIR-CMERI Solar DC Cooking System- A Step Towards a Green & Pollution Free India

Contents1 What is the News?2 What is the Solar DC Cooking System?3 Benefits of this System4 What are AC and DC? What is the News? Central Mechanical Engineering Research Institute (also known as CSIR-CMER) has developed a Solar DC Cooking System. What is the Solar DC Cooking System? Solar DC Cooking System is a Solar… Continue reading CSIR-CMERI Solar DC Cooking System- A Step Towards a Green & Pollution Free India

India’s income divide narrows, wealth divide persists: Survey data

Contents1 What is the News?2 What are the key highlights from the survey?2.1 Wealth Inequality2.2 Income Inequality is lower than Wealth Inequality2.3 Share of bottom 10 per cent in total income has increased3 The difference between the top 10% and bottom 10% is reducing What is the News? National Sample Survey Organisation(NSSO) has released the… Continue reading India’s income divide narrows, wealth divide persists: Survey data

Regaining fiscal balance

Synopsis: The advance tax numbers suggest growth in revenue collection continues to remain strong. However, Central government finances would need careful management. Introduction In the current financial year, the fiscal position has improved significantly and the recovery in revenue collection has surprised many. By July-end, the government collected revenue worth over 37% of its Budget… Continue reading Regaining fiscal balance

A flawed calculation of inflation

Synopsis: The current official inflation rate does not correctly measure price rise and it needs modification. Contents1 Introduction2 Does the official data capture the real picture?3 Why inflation is a cause of worry?4 What are the factors contributing to inflation? Introduction Inflation for the last four months has been worryingly high. Wholesale price index (WPI)… Continue reading A flawed calculation of inflation

How new global tax rules may reshape India?

Synopsis: The conventional global tax system is changing, with several countries, including India, imposing a digital service tax and participating in a new global initiative to modernize tax rules. Why there’s a need for new global tax framework? The new tax framework seeks to tackle digital economy firms in particular since they do not easily… Continue reading How new global tax rules may reshape India?

The importance of Quad meeting amidst current geopolitical flux

Synopsis: This article explains the previous Quad summit and the performance of Working groups and suggestions to improve Quad further. Contents1 Introduction2 About the Development of Quad3 About the previous meeting and its outcome4 What is the progress of working groups?5 What is the significance of Quad for India?6 What the Quad should focus upon?… Continue reading The importance of Quad meeting amidst current geopolitical flux

Judiciary must reexamine how it has viewed citizenship questions in Assam

Synopsis: NRC was designed to filter out the foreigners in India. However, this seems to be impacting the very right of citizenship of Indians residing in Assam. Contents1 Introduction2 Why Foreigners Tribunal is in news?3 What is the Foreigner Act (FA)?4 What was the Supreme Court’s judgement?5 What should be the way forward? Introduction Recently,… Continue reading Judiciary must reexamine how it has viewed citizenship questions in Assam

Citizen scorecards for better accountability

Synopsis: The CAG’s auditing standards highlight the importance of performance audits for promoting transparency and evaluating outcomes. Contents1 Introduction2 What is the Public accounts Committee (PAC)?3 What is the work of PAC?4 What are the citizen scorecards?5 How can the scorecards be made?6 How these scorecards will prove beneficial? Introduction Soon, Parliament is going to… Continue reading Citizen scorecards for better accountability

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