Source: Live mint Synopsis: Recently, the Supreme Court directed the Centre to formulate guidelines for providing compensation under the Disaster Management Act. Contents1 Background2 Why the fear of downgrading credit rating is overrated?3 Why the government did not choose to provide compensation to COVID victims?4 Way forward: Background In response to SC directions, the Solicitor… Continue reading The creeping concerns over India’s debt
Category: PUBLIC
India signed 26 pacts to fight drug menace
Source: The Hindu Contents1 What is the News?2 Coordination with International Organizations:3 Narco Coordination Centre(NCORD):4 SIMS Portal: What is the News? The Ministry of Home Affairs(MHA) has informed the Lok Sabha about the steps taken by the Government to combat illicit trafficking of narcotics, drugs, and psychotropic substances. Steps taken by the Government to combat… Continue reading India signed 26 pacts to fight drug menace
Centre plans big boost for MSMEs with an inter-ministry data bank
Source: Business Standard Contents1 What is the News?2 What is the Government trying to do for MSMEs?3 What was the need for this step?4 Udyam Portal: What is the News? The Central Government is working towards building a robust data bank for Micro, Small and Medium Enterprises(MSMEs) by integrating information across various ministries and government… Continue reading Centre plans big boost for MSMEs with an inter-ministry data bank
UNESCO strips Liverpool of its world heritage status
Source: The Hindu Contents1 What is the News?2 When was Liverpool added to UNESCO World Heritage Site?3 Why has it been removed from the World Heritage Site list ?4 Impact of this move on Liverpool:5 Significance of this move: What is the News? The English city of Liverpool has been removed from UNESCO’s list of… Continue reading UNESCO strips Liverpool of its world heritage status
Stand Up India Scheme extended up to the year 2025
Source: PIB Contents1 What is the News?2 About Stand Up India Scheme:3 Eligibility Condition for Loans under Stand Up India Scheme:4 Changes made in the Scheme: What is the News? The Ministry of Finance has informed Lok Sabha that the Stand Up India Scheme has been extended up to the year 2025. About Stand Up… Continue reading Stand Up India Scheme extended up to the year 2025
DRDO successfully flight-tests surface-to-air missile Akash-NG
Source: PIB What is the News? Defence Research & Development Organisation(DRDO) has successfully flight-tested the New Generation Akash Missile(Akash-NG). About Akash-NG: Akash-NG is a New Generation Surface-to-Air Missile. It is developed by Defence Research & Development Laboratory(DRDL), Hyderabad in collaboration with other DRDO laboratories. Purpose: The Missile is capable of intercepting high manoeuvring low radar… Continue reading DRDO successfully flight-tests surface-to-air missile Akash-NG
Judges must put themselves in the shoes of Parliament: SC
Source: Times of India What is the news? The Supreme Court has recently quashed a Madras High Court verdict on the court’s power to set aside an arbitration award under Section 34 of the Arbitration act. The High Court had held that the court’s powers to “set aside” an arbitral award also included the power… Continue reading Judges must put themselves in the shoes of Parliament: SC
How effective is the Ease of doing business index? – Explained, pointwise
Contents1 Introduction2 About Ease of Doing Business Index (EoDB)3 India’s performance in the recent EoDB Index4 Major reforms initiated by the government to improve EoDB in India5 Advantages of EoDB rankings6 Problems with the concept of EoDB7 Challenges faced by Indian Entrepreneurs8 Suggestions to improve Business in India Introduction India improved its global rank in… Continue reading How effective is the Ease of doing business index? – Explained, pointwise
Water as woe
Source: The Hindu Relevance: Urban flooding is a recurring event. This article highlights the reasons behind it. Synopsis: Mumbai cannot manage its flooding without a new deal for drainage and housing Background Due to global warming, the volume and duration of monsoonal rain are becoming unpredictable, and its catastrophic impacts on cities will become more… Continue reading Water as woe
A compromise amid uncertainty
Source: The Hindu Relevance: Developments of OPEC are important for India due to its dependency on oil. Synopsis: The OPEC deal to step up crude production will ease rising prices and balance domestic and global priorities. Background OPEC+ will now step up crude production by 400,000 barrels a day starting in August. The deal will… Continue reading A compromise amid uncertainty
