Millions out of poverty but glaring inequalities in India reveals Human Development Index report

Millions out of poverty but glaring inequalities in India reveals Human Development Index report News 1.India climbed one spot to 130 among 189 countries in the latest Human Development Index (HDI) published by United Nations Development Programme (UNDP). Important facts 2.India’s HDI value for 2017 is 0.640, which put the country in the medium human… Continue reading Millions out of poverty but glaring inequalities in India reveals Human Development Index report

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SC questions ‘leprosy-free’ tag for India

SC questions ‘leprosy-free’ tag for India News  Supreme Court has questioned the ‘leprosy-free’ tag for India. Important Facts Leprosy, also known as Hansen’s disease is a chronic infectious disease caused by Mycobacterium leprae It usually affects the skin and peripheral nerves. The mode of transmission of leprosy is still not known. India was declared leprosy-free… Continue reading SC questions ‘leprosy-free’ tag for India

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Welfare panels can’t evaluate dowry complaints: SC

Welfare panels can’t evaluate dowry complaints: SC News: Supreme Court judgement to scrap family welfare committee which was established to look into the crimes related to IPC section 498A in 2017. IPC Section 498: Deals with domestic violence and cruelty towards women by the husband or his family members and the person who practices cruelty,… Continue reading Welfare panels can’t evaluate dowry complaints: SC

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Govt. moves to stabilise rupee

Govt. moves to stabilise rupee News The government announced a set of five measures aiming to strengthen rupee. Important facts The government announced to take necessary steps to cut down non-essential imports and increase exports. The condition that FPI (foreign portfolio investment) in a single corporate entity cannot exceed 20% of its corporate bond portfolio… Continue reading Govt. moves to stabilise rupee

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SC orders status quo on RBI’s February 12 circular

SC orders status quo on RBI’s February 12 circular  News: Supreme Court halted insolvency proceedings against defaulter companies. Important Facts: SC has issued stay order on RBI circulation asking banks to consider loan as a Non Performing Assets (NPA) even if repayment of loan is delayed by single day. If the cases are pending before… Continue reading SC orders status quo on RBI’s February 12 circular

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PT fact

PT fact       INDO-US joint military exercise 2018 It is a joint military training Exercise named as Yudh Abhyas, being Conduct in Uttarakhand This will be the 14th edition of the joint military exercise hosted alternately by both countries. Second Flight Test of MPATGM (Man Portable Anti-Tank Guided Missile) Successful Indigenously developed by DRDO and Indian… Continue reading PT fact

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Transforming agriculture

Transforming agriculture Article: 1.Konda Reddy, has talked about the importance of Biodiversity for inclusive development. Important Analysis: 2.Climate change and development without consideration for biodiversity are leading causes of biodiversity loss. 3.India’s National Biodiversity Action Plan (NBAP) recognizes the importance of inclusive development. 4.Green Agriculture Project implemented by GOI with Food and Agriculture Organization (FAO)… Continue reading Transforming agriculture

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Masala bonds: What are they, how government plans to check rupee fall through them

Masala bonds: What are they, how government plans to check rupee fall through them News Government removed the cap of 5% of withholding tax (Tax on income imposed at source, i.e. a third party is charged with the task of deducting the tax from certain kinds of payments and remitting that amount to the government)… Continue reading Masala bonds: What are they, how government plans to check rupee fall through them

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Where goes the rupee?

Where goes the rupee? Article: 1.Bhaskar Dutta, a professor has talked about interventions required by the RBI and Government to defend Dollar. Important Analysis: 2.Continued weakening of Rupee over a period of time has raised the concern over the stance RBI and how Government will adopt to deal with it. 3.Depreciation of Rupee is an… Continue reading Where goes the rupee?

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