Cabinet Clears Proposal for Setting up of “Development Finance Institution (DFI)”

What is the news? The Union Cabinet approved a bill to set up a Development Finance Institution(DFI). It will be called National Bank for Financing Infrastructure and Development (NaBFID). About National Bank for Financing Infrastructure and Development (NaBFID): Owned by: Initially, the Government of India will own it with a 100% stake. It will gradually… Continue reading Cabinet Clears Proposal for Setting up of “Development Finance Institution (DFI)”

Genome mapping of Indian Ocean by NIO

What is the News? National Institute of Oceanography(NIO) has launched its first-of-its-kind project of Genome Mapping in the Indian Ocean. About the Genome Mapping in the Indian Ocean Project: Aim of the Project: To reveal the internal working of the body of the ocean at a cellular level. To understand the biochemistry and the response… Continue reading Genome mapping of Indian Ocean by NIO

SC orders Info. on Rule Curve for “Mullaperiyar Dam”

What is the News? The Supreme Court orders the Tamil Nadu Chief Secretary to give information on the ‘rule curve’ for the Mullaperiyar dam. It also directed the Supervisory Committee to issue directions or take steps to address the three core safety issues. What is Rule Curve? The ‘rule curve’ in a dam decides the… Continue reading SC orders Info. on Rule Curve for “Mullaperiyar Dam”

“World Air Quality Report, 2020” Released

What is the News? IQ Air, a Swiss air quality technology company released a report titled “World Air Quality Report, 2020”. About World Air Quality Report: World Air Quality is an annual report. The report is based on PM2.5 data from 106 countries based on data from ground-based monitoring stations. The report is handled by… Continue reading “World Air Quality Report, 2020” Released

[UPSC Interview Transcript #77]: Manoj Soni Board, Telangana Home State, Anthropology Optional, listening and singing Telugu folk songs Hobbies

Board: Mr. Manoj Soni Background: Electrical and electronics engineering Optional: Anthropology Home State: Telangana Sports: Kabaddi Extra activities: Conducted blood Hobbies: listening and singing Telugu folk songs Chairman What is the most interesting thing happened in your life recently. What has driven you to take up blood donation camps? why do u like to listen… Continue reading [UPSC Interview Transcript #77]: Manoj Soni Board, Telangana Home State, Anthropology Optional, listening and singing Telugu folk songs Hobbies

Supreme Court’s Judgment on State Election Commission

Synopsis – The Supreme Court in its recent judgment ruled that government officials cannot be appointed as State Election Commissioner (SEC). Introduction- 25 years have passed since local governance was introduced in India by the 73rd and 74th Constitution Amendments. However, there is very little and actual progress in this direction. There is inadequate devolution… Continue reading Supreme Court’s Judgment on State Election Commission

Why Taxes on Fuel may increase in the future?

Synopsis:  Due to economic pressure, the center and states may increase taxation on fuel. The disparity between the taxation powers of the centre and states A taxation is an economic tool used by the government to raise revenues. The Supreme Court of India described taxation as a “sovereign” power. Taxation powers of a state cannot… Continue reading Why Taxes on Fuel may increase in the future?

Government should initiate steps to make Agriculture remunerative

Synopsis: Government should avoid handing over India’s agriculture to agribusiness companies. Instead, it should take steps to make agriculture remunerative. Development of Agriculture during the green revolution period During the mid-1960s, the green revolution resulted in increased productivity in India and, especially, Punjab. Further, the growth in agriculture was aided by public investment in irrigation… Continue reading Government should initiate steps to make Agriculture remunerative

Highlights of the Quad Summit

Synopsis: The maiden (Quadrilateral Security Dialogue)  Quad Summit witnessed declaration of a joint statement by four leaders along with a common article in the Washington post. It is a step which is expected to yield positive outcomes in the Asian Geopolitics and the Indo Pacific region. Background: The Indian Ocean tsunami of 2004 triggered cooperation… Continue reading Highlights of the Quad Summit

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