Explained: Why India, Russia blocked move to take climate change to UNSC

Contents1 What is the News?2 What was the resolution about?3 Which is the current UN Agency to discuss climate change-related issues?4 Why has India and Russia opposed the resolution? What is the News? A Resolution to authorise the UN Security Council to deliberate on climate change-related issues was rejected after Russia vetoed it and India… Continue reading Explained: Why India, Russia blocked move to take climate change to UNSC

RBI brings NBFCs under prompt corrective action framework

Contents1 What is the News?2 What is the need for this PCA Framework for NBFCs?3 What is the PCA Framework for NBFCs?4 What are the indicators based on which PCA will be invoked for NBFC?5 What will happen once the PCA is invoked for an NBFC? What is the News? Reserve Bank of India(RBI) has… Continue reading RBI brings NBFCs under prompt corrective action framework

Boosting agrifood life sciences is key to India’s agricultural future

News: Innovations in Agrifood life sciences in India remain deeply neglected by venture capital investors and even entrepreneurs. For instance, globally, $6 billion was invested in agrifood life sciences startups in 2020, while India raised slightly over $10 million. India is becoming a global outlier, with the US, Israel, Europe, and China all building unicorn… Continue reading Boosting agrifood life sciences is key to India’s agricultural future

NDPS Act: a drafting error, its implications, and an amendment

News: Recently, The Narcotic Drugs and Psychotropic Substances (Amendment) Bill, 2021 was passed by Lok Sabha. Contents1 About the Narcotic Drugs and Psychotropic Substances (Amendment) Bill2 About the 2014 amendment3 What were the error and its outcome?4 What is the issue with the recent amendment bill?5 What are the other issues missed out by the… Continue reading NDPS Act: a drafting error, its implications, and an amendment

Boost India capacity to secure its borders: Incoming US envoy

What is the news? Eric Garcetti, US President nominee for next envoy to India, has said that he intends to increase US efforts to strengthen India’s capacity to secure its borders. What are the key statements given by the upcoming US Envoy to India? On India’s geographical Position: India is situated in a tough neighbourhood.… Continue reading Boost India capacity to secure its borders: Incoming US envoy

Rajya Sabha passes Bills setting maximum 5-year tenure for CBI, ED chiefs

What is the news? Parliament has passed the Central Vigilance Commission (Amendment) Bill, 2021, and the Delhi Special Police Establishment (Amendment) Bill, 2021. The Bill extends the tenure of the chiefs of the Central Bureau of Investigation and the Enforcement Directorate to a maximum of five years from the earlier minimum period of two years.… Continue reading Rajya Sabha passes Bills setting maximum 5-year tenure for CBI, ED chiefs

SC approves widening of three Char Dham highways

What is the news? The Supreme Court has allowed the Centre to widen the three Himalayan Highways which form part of the Char dham Pariyojna Project. Must Read: What is the “Char Dham Project”? What has the Supreme Court done? The Supreme Court has modified its earlier 2020 order which had directed the centre to… Continue reading SC approves widening of three Char Dham highways

Bank-NBFC co-lending: how it works, and the concerns it raises

News: Several banks have entered into co-lending ‘master agreements’ with NBFCs, and more are in the pipeline Recently, the RBI permitted the banks to co-lend with all registered NBFCs (including HFCs) to increase lending to the priority sector based on a prior agreement. This has led to unusual tie-ups between banks and NBFCs. For instance,… Continue reading Bank-NBFC co-lending: how it works, and the concerns it raises

“The kind of engineering education we need”

Introduction  Current education curriculum is completely detached from a student’s life. It is highly theoretical and leaves very less space for intellectual development.  For example- Students of class 10th are expected to learn about DC motors and parallel resistances. Whereas reality is that less than 50 per cent of Class 8 students of rural government schools can do division. (ASER Report 2016-18… Continue reading “The kind of engineering education we need”

“Karnataka government has done right thing by adding eggs to mid day meals”

News– Karnataka is the last southern state to introduce eggs in its mid day meal program.   It has recently introduced eggs to its mid-day meal scheme in some of its districts to solve the acute malnutrition problem there. Unfortunately, this policy is facing backlash by some religious groups.  Why adding eggs to mid-day meal menu is a good step?  Eggs (or milk or bananas) are a wholesome food and… Continue reading “Karnataka government has done right thing by adding eggs to mid day meals”

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