Source: Business Standard Relevance: Bringing in the second generation of reforms – challenges and way forward Synopsis: Without a collaborative arrangement between the Centre and the states, second generation reforms (Reforms in health, education, land, labour, electricity and agriculture) would become more contentious. Background The reach of economic reforms in the last 30 years remained… Continue reading Towards a new compact (On centre-state relations)
The silent rise of Small Finance Banks (SFBs)
Source: Live Mint Relevance: Financial inclusion and measures taken by RBI Synopsis: Challenges faced by SFBs and Criticism against them Background SFBs have grown rapidly since RBI first carved out this category half a decade ago in Indian financial system. In Financial Year (FY) 2018 – 2020, SFBs registered a phenomenal growth by doubling the… Continue reading The silent rise of Small Finance Banks (SFBs)
The repeal of the retrospective tax shows Modi government means business on reforms
Source: The Indian Express Relevance: This article explains government actions to boost investor confidence Synopsis: Along with the taxation Laws (Amendment) Bill, India has taken many steps to boost investor confidence. Introduction: The government has recently introduced the Taxation Laws (Amendment) Bill, 2021, in Parliament. The bill seeks to nullify the contentious retrospective tax law by amending the Income Tax (IT)… Continue reading The repeal of the retrospective tax shows Modi government means business on reforms
Indian startups deserve an easier shot at success
Source: Livemint Relevance- Regarding Limited Liability Partnerships (LLPs), their significance and need for further reforms. Synopsis: Recently, the Limited Liability Partnership (Amendment) Bill, 2021, got the approval of Lok Sabha. Need for it and the changes introduced. Background An enactment of law in 2008 allowed the emergence of large joint-stock companies as LLPs, with the… Continue reading Indian startups deserve an easier shot at success
Connecting India by inland waterways
Source: Indian Express Relevance: Infrastructure development, Inland waterways Synopsis: Recently, Parliament passed a new law to bring uniformity in the rules and regulations governing inland waterways and navigation on them. The Inland Vessels Bill, 2021 replaces the century-old Inland Vessels Act, 1917. Background Read here: Indian Vessels Bill 2021 Issues with the 1917 Act The 1917 Act was seen as a purely consolidating… Continue reading Connecting India by inland waterways
The Criminalisation of politics and Supreme Court – Explained, pointwise
Introduction Recently, the SC issued few important directives to prevent the criminalisation of politics. The state governments withdraw cases against MPs and MLAs frequently. To curb that, recently, the Supreme Court held that a criminal case against an MP or MLA can be withdrawn only after getting the consent of the State High Court concerned.… Continue reading The Criminalisation of politics and Supreme Court – Explained, pointwise
[Download] 9 PM Weekly Compilation – August, 2021 – 1st week
Hello everyone, We are posting a Compilation of the 9 PM current affairs brief for the 1st week of the Month of August. Click on the following link to download 9 PM Compilation for the Month of August, First Week About 9 PM Current Affairs Brief: The idea behind the 9 PM Daily Current Affairs Brief… Continue reading [Download] 9 PM Weekly Compilation – August, 2021 – 1st week
Expand food basket under PDS, says WHO scientist
Source: The Hindu What is the News? The World Health Organisation(WHO) chief scientist has attended a seminar titled “Ensuring food and nutrition security in the context of climate change and the COVID-19 pandemic”. Key Highlights from the Seminar: Expand Public Distribution System(PDS): Currently, the Public Distribution System(PDS) in India is taking care of food insecurity… Continue reading Expand food basket under PDS, says WHO scientist
What happened during NASA’s first attempt to collect Mars samples with the Perseverance rover?
Source: Indian Express What is the News? NASA’s Perseverance rover is exploring the Jezero Crater on Mars and attempting to collect its first rock samples. However, no rock samples were collected during the first attempt. About Perseverance rover: The perseverance rover mission is a part of NASA’s Mars Exploration Program, a long-term effort of robotic… Continue reading What happened during NASA’s first attempt to collect Mars samples with the Perseverance rover?
Scientists develop soft robotic actuators using porous carbon nanoparticles from waste onion peels
Source: PIB What is the News? A team of Indian Scientists have developed soft robotic actuators using porous carbon nanoparticles from waste onion peels. What are Soft Robots or Actuators? Soft robots or actuators is the specific subfield of robotics dealing with constructing robots from highly compliant materials similar to those found in living organisms.… Continue reading Scientists develop soft robotic actuators using porous carbon nanoparticles from waste onion peels
