Carbon Tax A carbon tax is a fee imposed on the burning of carbon-based fuels (coal, oil, gas). It is a way to have users of carbon fuels pay for the climate damage caused by releasing carbon dioxide into the atmosphere. It works on the ‘the polluter pays’ principle. After economic reforms and carbon emissions… Continue reading What is Carbon Tax?
9 PM Daily Brief – October 26th, 2020
Good evening dear reader. Here is our 9pm current affairs brief for you today GS-2 India-US Relations Non-alignment in multipolar framework GS-3 Buffer Stocks 9 PM for Preliminary examination FACTLY 1. India-US Relations Source: Indian Express Syllabus: Gs2: Effect of Policies and Politics of Developed and Developing Countries on India’s interests, Indian Diaspora Context: A look at… Continue reading 9 PM Daily Brief – October 26th, 2020
Draft Electricity Act (Amendment) Bill 2020
Draft Electricity Act (Amendment) Bill 2020 Bill has been framed to ensure that renewable energy tariffs are not changed by the states after the execution of contracts, and electricity regulatory commissions have more teeth to enforce power purchase agreements between projects and distribution companies (discom). It seeks privatisation of discoms (distribution companies) by way of… Continue reading Draft Electricity Act (Amendment) Bill 2020
What is UDAY scheme?
UDAY scheme UDAY scheme was launched in November 2015, the Ujjwal DISCOM Assurance Yojana (UDAY) was designed to turn around the precarious financial position of state distribution companies (DISCOMS). The state governments took over 75 % of the debt of their DISCOMS, issuing lower-interest bonds to service the rest of the debt. In return, DISCOMS were given… Continue reading What is UDAY scheme?
What is Industrial Revolution 4.0?
Industrial Revolution 4.0 Industry 4.0 refers to the fourth industrial revolution related to manufacturing and chain production. It is driven by breakthroughs in digital technologies, such as artificial intelligence, robotics, 3D printing, the IoT, Big Data etc. The Drivers of Change: Technological breakthroughs: New technological innovations such as Big Data, 3-D printing, artificial intelligence and… Continue reading What is Industrial Revolution 4.0?
Agreement for “Bringing Peace to Afghanistan”
Agreement for “Bringing Peace to Afghanistan” Afghan peace process: The Afghan peace process comprises the proposals and negotiations that were aimed at ending the ongoing civil war between the Taliban and Afghanistan government. About agreement US and Taliban signed an agreement for “Bringing Peace to Afghanistan” in February 29, 2020 It will enable the US… Continue reading Agreement for “Bringing Peace to Afghanistan”
Labour Code on Occupational Safety, Health & Working Conditions, 2018
Labour Code on Occupational Safety, Health & Working Conditions, 2018 In News: Lok Sabha has cleared three labour code Bills viz the Industrial Relations Code Bill, 2020, Code on Social Security Bill, 2020 and Occupational Safety, Health and Working Conditions Code Bill, 2020. Key Features of Labour Code on Occupational Safety, Health & Working Conditions, 2018… Continue reading Labour Code on Occupational Safety, Health & Working Conditions, 2018
Labour Code on Social Security & Welfare, 2017
In News: Lok Sabha has cleared three labour code Bills viz the Industrial Relations Code Bill, 2020, Code on Social Security Bill, 2020 and Occupational Safety, Health and Working Conditions Code Bill, 2020 Key Features of Labour Code on Social Security & Welfare, 2017 Consolidation of multiple laws: It will replace nine social security laws,… Continue reading Labour Code on Social Security & Welfare, 2017
Labour Code on Industrial relations, 2020
In News: Lok Sabha has cleared three labour code Bills viz the Industrial Relations Code Bill, 2020, Code on Social Security Bill, 2020 and Occupational Safety, Health and Working Conditions Code Bill, 2020 Objectives Labour Code on Industrial relations bill, 2020 It aims to create greater labour market flexibility to encourage entrepreneurs to engage in… Continue reading Labour Code on Industrial relations, 2020
Climate financing adds to poor countries debt pile: Oxfam
News: Oxfam has released a report titled Climate finance shadow report 2020 – assessing progress towards the $100 billion commitment. Facts: Background: Developed countries had committed in 2009 to mobilise $100 billion every year by 2020 to help developing countries cut their carbon dioxide emissions and adapt to the effects of climate change. What is the progress? Developed countries… Continue reading Climate financing adds to poor countries debt pile: Oxfam
