Synopsis: IBC is a landmark reform and its efficiency can be further enhanced by adopting incentive structure. Introduction Despite value erosion at disbursal due to poor credit discipline, the IBC has yielded impressive recoveries so far. However, the Code has also been criticized on several other grounds, many of which are questionable. Why IBC ‘s… Continue reading Let’s rework incentive structures to boost IBC recovery
WHO says air pollution kills 7 million a year, toughens guidelines
What is the News? The World Health Organization(WHO) has released the Global Air Quality Guidelines(AQGs). What are Global Air Quality Guidelines(AQGs)? Global Air Quality Guidelines(AQGs) is an annual mean concentration guideline for particulate matter and other pollutants. The guidelines were last updated in 2005. Since then, there has been a marked increase of evidence that… Continue reading WHO says air pollution kills 7 million a year, toughens guidelines
National Single Window System for Investors and Businesses Launched
What is the News? The Union Minister of Commerce and Industry has launched the National Single Window System (NSWS) for investors and businesses. What is the National Single Window System (NSWS)? National Single Window System is a one-stop digital platform that aims at allowing investors to apply for various pre-operations approvals required for commencing a… Continue reading National Single Window System for Investors and Businesses Launched
IISc researchers find a way to substitute for single-use plastics
What is the News? Researchers at the Indian Institute of Science, Bengaluru (IISc) have found a way to make a substitute for single-use plastic that can help mitigate the problem of accumulating plastic waste in the environment. What is the new material developed by IISc? Researchers have developed polymers using non-edible oil and cellulose extracted… Continue reading IISc researchers find a way to substitute for single-use plastics
Covid deaths: Centre okays ex-gratia, state funds to cover it
What is the News? The government of India has informed the Supreme Court that National Disaster Management Authority (NDMA) has recommended an ex-gratia amount of Rs 50,000 for loss of life due to Covid-19. Background The Supreme Court of India had directed the National Disaster Management Authority (NDMA) to recommend guidelines for giving ex gratia… Continue reading Covid deaths: Centre okays ex-gratia, state funds to cover it
[Yojana September Summary] SHG-led Women Empowerment – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction Gender equality and gender empowerment have been two primary objectives of various government policy measures since the beginning. One of such prominent policy measures is the promotion and economic activation of Self-Help groups (SHGs). Tangible progress in gender equality and empowerment not only helps proliferate women welfare, but also contributes towards the achievement… Continue reading [Yojana September Summary] SHG-led Women Empowerment – Explained, pointwise
Sea level rise is certain
Source: This post is based on the article “Sea level rise is certain” published in The Hindu on 23rd Sep 2021. What is the news? Recently, Intergovernmental Panel on Climate Change (IPCC) published a report, ‘Climate Change 2021: The Physical Science Basis’. This report provides scientific reviews on the science and impacts of climate change. It also discusses… Continue reading Sea level rise is certain
[UPSC Interview 2020] – Transcript #195 : RN Choubey Board, Kerala Home State, Public administration Optional, Cricket Hobby
Date of Interview: 07 September 2021 Board: RN Choubey Home State: Kerala Optional: Public administration Background: Chemical engineering Hobby: Cricket To view all IAS Interview Transcripts 2020, visit this page Chairman Where are you staying in Delhi? Did you get tested? Tell me which is the highest post a civil servant can become? Issues and changes… Continue reading [UPSC Interview 2020] – Transcript #195 : RN Choubey Board, Kerala Home State, Public administration Optional, Cricket Hobby
A time to introspect: On GST Council meeting
What is the news? Recently, GST Tax Council held its first physical meeting during the pandemic. It approved various changes. Concessional tax rates on vital COVID-19 equipment such as oxygen concentrators will lapse on Sep 30, while the lower rates on medicines were extended till December. As there are no signs the virus and its variants… Continue reading A time to introspect: On GST Council meeting
These animals and plants of India could have become ‘possibly extinct’ : IUCN
What is the news? In the latest edition of the IUCN’s Red List of Threatened Species, a number of animals and plants have been listed as ‘possibly extinct’, including many species from India. What are the findings of report? First, among animals, there is the coconut crab, the largest terrestrial arthropod in the world. There are… Continue reading These animals and plants of India could have become ‘possibly extinct’ : IUCN
