Source: Indian Express What is the News? Union Minister of Power has said that the Power distribution companies (discoms) looking to avail funds under the government’s Rs 3.03-lakh crore Reform Based Scheme for discoms will have to submit plans to cut losses by 31st December,2021. About Reform Based Power Distribution Scheme: The Scheme aims to… Continue reading Reform-based scheme: Discoms get till Dec 31
Atal Innovation Mission successfully completes ‘ATL Tinkerpreneur Bootcamp’
Source: PIB What is the News? Atal Innovation Mission (AIM), NITI Aayog has successfully completed two month long and a first of its kind, digital skills and an exclusive entrepreneurship ATL Tinkerpreneur summer boot camp held across the country. About ATL Tinkerpreneur: ‘Tinkerpreneur’ is the name derived from the phrase ‘enabling students to tinker from… Continue reading Atal Innovation Mission successfully completes ‘ATL Tinkerpreneur Bootcamp’
PM launches SAFAL for CBSE students, Vidya Pravesh for preschoolers
Source: The Print What is the News? The Prime Minister has launched the SAFAL assessment framework and Vidya Pravesh Scheme on the first anniversary of National Education Policy(NEP) 2020. About SAFAL: SAFAL stands for Structured Assessment For Analysing Learning. Purpose: It is a competency-based assessment for grades 3, 5 and 8 introduced by the Central… Continue reading PM launches SAFAL for CBSE students, Vidya Pravesh for preschoolers
Intel partners with CBSE to launch ‘AI For All’ initiative
Source: Livemint What is the News? The Prime Minister has launched the “AI For All’ initiative. About AI For All Initiative: The AI For All Initiative has been launched by the Central Board of Secondary Education(CBSE) in collaboration with Intel. Aim: To create a basic understanding of artificial intelligence (AI) for every citizen in the… Continue reading Intel partners with CBSE to launch ‘AI For All’ initiative
Our bankruptcy code deserves credit for what it has achieved
Source: Live Mint Synopsis: An examination of the IBC’s record on resolving cases of business insolvency reveals greater success than critics acknowledge Background Analysis of IBC’s performance: Added points A good insolvency system cannot be judged by the number of companies being liquidated. Because the purpose of insolvency law is to swiftly liquidate firms that… Continue reading Our bankruptcy code deserves credit for what it has achieved
A cycle of low growth, higher inflation
Source: The Hindu Synopsis: Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery Background Some economists are of the opinion that the Government should not intervene with the economy and that it will revive by itself. These economists’ reason that, like after the Great Depression, the… Continue reading A cycle of low growth, higher inflation
No Fossil Fuels as Usual
Source: Indian Express Synopsis: The article suggests redefining the supply-side priorities of the Ministry of Petroleum and Natural Gas in the face of the imperatives of atmanirbharta. Introduction: The spread and speed of the destruction caused by climate change in recent weeks present a policy dilemma. Indian economy is dependent on fossil fuels, and there is… Continue reading No Fossil Fuels as Usual
Rethink aviation policy
Source: business-standard.com Synopsis: The government’s approach to the aviation sector in India has grown messy, confusing, and possibly counter-productive. Background: Recently the director-general of the International Air Transport Association (IATA) pointed out that government regulation was slowing the aviation sector’s recovery from the second wave. Both capacity and pricing restrictions are creating a problem for… Continue reading Rethink aviation policy
The draw of space and nuclear technologies
Source: thehindu.com Synopsis: It remains to be seen whether the new ventures of Jeff Bezos and Bill Gates will strike a chord and benefit mankind. The projects are aimed to address the issues of climate change and high reliance on fossil fuels, however they are subjected to various criticisms. Background: Jeff Bezoes blasted into space… Continue reading The draw of space and nuclear technologies
RBI must come clean where it stands on climate change
Source: Livemint Relevance:This article explains why the RBI should include green financing and what are the challenges faced by the RBI in its execution? Synopsis: Considering the extreme climatic events around the globe and in India, the RBI has to include green financing as its component Introduction: The past few weeks over 200 people have… Continue reading RBI must come clean where it stands on climate change
