“Startup India Seed Fund Scheme” launched

What is the News? Union Minister of Commerce & Industry launches the Startup India Seed Fund Scheme (SISFS). About Startup India Seed Fund Scheme (SISFS): The scheme was announced during the Prarambh: the ‘Startup India International Summit’. Which marks the 5-year anniversary of the Startup India initiative. Objective: Firstly, Startup India Seed Fund Scheme(SISFS) aims to… Continue reading “Startup India Seed Fund Scheme” launched

“NASA’s Mars Helicopter Ingenuity” Makes First Flight on Another Planet

What is the News? NASA’s Mars Helicopter Ingenuity successfully flies on Mars. It is the first powered flight on another planet.  About NASA’s Mars Helicopter Ingenuity Ingenuity is the first helicopter to fly on Mars. NASA’s rover called Perseverance carried it to the Red Planet. Purpose: The helicopter’s main task is to carry out a… Continue reading “NASA’s Mars Helicopter Ingenuity” Makes First Flight on Another Planet

India needs to be cautious before joining Global Minimum Tax rate

Synopsis: A Global minimum tax rate is beneficial for the US. But India need to rethink before joining such international tax proposals Contents1 Introduction:2 Base Erosion and Profit Shifting (BEPS) Programme:3 Challenges to BEPS Programme:4 The OECD policy to solve BEPS issues:5 Concerns with the OECD policy proposal:6 Intermediate Taxation of Big Tech:7 The path to… Continue reading India needs to be cautious before joining Global Minimum Tax rate

Introducing Green Targets for Corporates

Synopsis: The government can introduce green targets and obligations on corporates. Adoption of such targets will help the global fight against climate change. Introduction:  The massive levels of production, consumption, and disposal of goods and services benefited economic growth. But it slowed the replenishment cycle of limited resources. This is evident from the impacts of Climate… Continue reading Introducing Green Targets for Corporates

What led to the abolition of Intellectual Property Appellate Board?

Synopsis: A lack of effective government support provided to the Intellectual Property Appellate Board has led to its demise. Background The Intellectual Property Appellate Board (IPAB) established in 2003. It aimed to specifically deal with matters of intellectual property including copyright, trademarks, patents, and geographical indications. Further, since 2007 Novartis’ patent case, the IPAB has… Continue reading What led to the abolition of Intellectual Property Appellate Board?

Issues Associated with Election Commission of India

Synopsis: Recently, the Election Commission of India held a discussion. It was in the light of the many questions and doubts being raised regarding the model Code of Conduct and powers of ECI under Article 324. Background The Model code of conduct (MCC) is a set of guidelines that ECI issues. The political parties, candidates,… Continue reading Issues Associated with Election Commission of India

IMD’s new Dynamical Forecast Model

Synopsis – IMD recently updated the status of the monsoon and predicted a normal monsoon this year. IMD has adopted a new Dynamical Forecast Model. It will allow farmers, government officials, disaster managers, and other stakeholders to better prepare for their activities. Contents1 Introduction-2 What is the importance of the new Dynamical monsoon Model?3 Why… Continue reading IMD’s new Dynamical Forecast Model

Must Read Current Affairs Articles – April 20th, 2021

Good Morning dear reader We are posting Today’s Must Read Current Affairs Articles below: About Must Read News Articles: Must Read News Articles is an initiative by Team ForumIAS to provide links to the most important news articles of the day. It covers several newspapers such as The Hindu, Indian Express, Livemint, etc. This saves… Continue reading Must Read Current Affairs Articles – April 20th, 2021

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