Context: National Generic Document Registration System can be helpful in dealing with the land records related issues. The Constitution of India is imbued with a federal vision. The 7th Schedule provides for 3 lists: “Union List” – defines the area of work for the Union government. “Concurrent List” – here both Union and State can… Continue reading One nation one software
Tag: business standard
When West Weaponizes Sanctions
News: Recently, the Indian PM pointed towards the domestic political stability in the face of external threats and challenges like global conflict, instability and mounting inflationary pressures. Consequences of the ongoing Russia-Ukraine Conflict and the economic sanctions The military campaign in Ukraine has destabilised the European security order. The western economic sanctions on Russia are… Continue reading When West Weaponizes Sanctions
Tapping the usefulness of non-bovine milk
Context: The demand for the milk and milk products of non-bovine has begun to swell in the recent past. What are non-bovine milk and milk-products? It refers to the milk and milk products such as milk powder, cheese, yoghurt, ice cream, chocolates, cosmetic products, and various other kinds of specialty items from the animals, such as goats,… Continue reading Tapping the usefulness of non-bovine milk
Looming fertilizer shortage
News: The Ukraine war has disrupted the supplies of fertilisers in the international market. It could impact India too, as it depends heavily on imports for meeting their burgeoning requirement of fertilizers, For example, India’s import dependence is about 25% for urea, nearly 90% for phosphates, and 100% for potash. Contents1 Why the supplies… Continue reading Looming fertilizer shortage
GoI tracks the money trail: How PFMS will pull plug on spending slippages
Context: By midnight of March 31, the Controller General of Accounts will assess the spending in FY22 with help of the public money-tracking system known as the Public Financial Management System (PFMS). Contents1 Background of PFMS2 What does the Public Finance Management System (PFMS) do?3 What is the significance of Public Finance Management System?4 Some… Continue reading GoI tracks the money trail: How PFMS will pull plug on spending slippages
BrahMos can’t be mistaken for nuclear-tipped missile
News: There has been an accidental launch of supersonic Brahmos cruise missile from India into Pakistani territory India’s Response Read – The Issue of Accidental Indian missile drop in Pakistan India officially admitted that “in the course of a routine maintenance, a technical malfunction led to the accidental firing of a missile”. India has ordered a… Continue reading BrahMos can’t be mistaken for nuclear-tipped missile
Will a services exports-driven economic growth strategy work for India?
Context: India’s service exports have lagged the outbound shipment of manufactured items, though the gap between the two was narrowing immediately before Covid-19 struck. Why should India adopt a service exports-led growth strategy for India instead of China’s model of manufacturing exports-led growth? According to the data provided by the World Trade Organization (WTO), India’s share… Continue reading Will a services exports-driven economic growth strategy work for India?
RUSSIA’S MISADVENTURE IN UKRAINE SETS OFF EUROPEAN RE-ARMAMENT
News: Russia’s ongoing invasion of Ukraine has been described as a turning point in the modern history of Europe. It has catalyzed European re-armament, rejuvenated NATO, caused Germany to reassert European leadership, and galvanized tentative Japanese militarism. Contents1 Situation before Russian invasion:2 How Ukraine crisis has restarted the European armament?3 How could it impact India?4… Continue reading RUSSIA’S MISADVENTURE IN UKRAINE SETS OFF EUROPEAN RE-ARMAMENT
On the Issue of Accidental Indian missile drop in Pakistan
News: There was an accidental launch of an IAF cruise missile that landed 124 km inside Pakistan. The missile did not carry any warhead. Thus, there was no loss of lives. Contents1 What could have been the impact?2 How was the potential crisis averted?3 Argument by Pakistan4 India’s Stand against Pakistan demand5 Status of Missile… Continue reading On the Issue of Accidental Indian missile drop in Pakistan
Mobile internet user growth slowed down drastically in 2021, shows data
News: On March 8, the RBI launched a renewed payments service for feature phones. The service called UPI123Pay was a successor to BHIM USSD 2.0 service, which allows feature phones to make payments using interactive voice response (IVR), app functionality, missed calls, and proximity sound-based payments. Why has the RBI launched the payment service for… Continue reading Mobile internet user growth slowed down drastically in 2021, shows data
