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ARTICLES

ARTICLES

ARTICLES

Q. Why is this in news? World Food Price Index is released by Food and Agriculture Organization which averaged 107.5 points in December 2020, up 2.3 points from November 2020. This marks the seventh month of consecutive increase.Q. What are the findings and detail of Index? It was introduced in 1996 as a public good to help in monitoring developments in the global agricultural commodity markets.The FAO Food Price Index (FFPI) is a measure of... Read More...

  Feb 01, 2021   Economy

Q. What is the news?President Ram Nath Kovind addressed a joint sitting of Parliament on January 29, 2021The first Parliament session of 2021 began with President Ram Nath Kovind addressing members of both Houses of Parliament. If he does not stand for re-election, it will be his second-last address to Parliament. In his speech, there were indication of the government’s plans and focus areas for the year ahead. While his address mark the beginning of the session, it will not constitute a joint sitting of the two Houses. Read More...

  Feb 01, 2021   Polity

Q. What is the news?After an estimated 7.7 per cent contraction in 2020-21, the Finance Ministry’s Economic Survey projects that India’s real GDP would record a growth of 11 per cent in 2021-22. The nominal GDP growth has been estimated at 15.4 per cent, implying an assumption of 4.4 per cent inflation during the year.Q. On what basis has the 11 per cent growth projection been made?One of the factors is the low base while calculating the year-on-year inflation rate, given the contraction this fiscal. The ... Read More...

  Jan 31, 2021   Economy

Q. What is the news?Recently, World Economic Forum’s (WEF) Davos Dialogue held which is also addressed by India’s Prime Minister. The Forum’s annual meeting in Davos (Switzerland) engages the world's top leaders to shape global, regional and industry agendas.The Davos Dialogues agenda marks the launch of the WEF’s Great Reset Initiative in the post Covid world.Q. What are the agenda and focus area of d... Read More...

  Jan 31, 2021   Economy

Q. What is the news?Recently Investment Trends Monitor Report is released by the United Nations Conference on Trade and Development (UNCTAD) which said that global Foreign Direct Investment (FDI) collapsed in 2020 by 42% to an estimated USD 859 billion from USD 1.5 trillion in 2019.Such a low level was last seen in the 1990s and is more than 30% below the investment decline that followed the 2008-2009 global financial crisis. Read More...

  Jan 30, 2021   Miscellaneous

 Q. Why is this in news?The Mumbai police have started a drive titled ‘Top 25’ aimed at keeping under check history-sheeters and those they believe could foment trouble. Q. What is the ‘Top 25’ drive of the Mumbai police?The Mumbai police commissioner has asked all 95 police stations in the city to make a list of the “top 25” criminal elements in their jurisdictions, and ask them to sign a bond of good behaviour failing which they woul... Read More...

  Jan 30, 2021   Miscellaneous

Q. Why is this in news?Government will present the Union Budget 2021 on February 1st with a focus on off-budget borrowings to reduce Fiscal Deficit.Q. What are off-budget borrowings?Off-budget borrowings are loans that are taken not by the Centre directly, but by another public institution which borrows on the directions of the central government.Such borrowings are used to fulfil the government’s expenditure needs.Suc... Read More...

  Jan 29, 2021   Economy

Q. What is the news?Recently, the report World Economic Outlook of the International Monetary Fund (IMF) was released which has estimated that India’s Gross Domestic Product (GDP) will grow by 11.5% in the Financial Year (FY) 2021-22.Q. What are the findings of the report in Indian context?FY 2020-21: For the current fiscal, the IMF had forecast a record  Read More...

  Jan 29, 2021   Economy

Q. Why in News? Recently, the Ministry of Tribal Affairs has launched “ShramShakti”- a National Migration Support Portal, to smooth the formulation of state and national level programs for migrant workers.A training manual “ShramSaathi” was also launched for migrant workers.Q. What is this Portal about?It has been launched to collect data related to tribal migrant workers and link them with the... Read More...

  Jan 28, 2021   Government Schemes

Q. What is the news?The recent death of fishermen triggered protests in Tamil Nadu as they are believed to be of the four fishermen reported missing from the state. Over 200 fishermen staged a road roko in Pudukkottai. The latest incident has once again brought to fore the long-standing conflict between Indian fishermen and the Sri Lankan navy. The reasons behind the conflict are mainly proliferation of trawlers in Tamil Nadu coast and plummeting resources in Gulf of Mannar in the Indian ocean. Read More...

  Jan 28, 2021   International Relations

Q. What is the news?Recently, the Inequality Virus Report, released by Oxfam International, has found that the Covid pandemic deeply increased the existing inequalities in India and around the world.The report states that Covid has the potential to increase economic inequality in almost every country at once - the first time this has happened since records began over a century ago.Q. What are the Impact of the Pandemic on Rich vis-a-vis Poor? Read More...

  Jan 27, 2021   Health

Q. What is the news?The Company Law Committee (CLC), headed by the Corporate Affairs Secretary , has recommended that 12 offences under the LLP Act be decriminalised and that LLPs be allowed to issue NCDs to raise funds with the aim of improving ease of doing business for limited liability partnership (LLP) firms.Q. Which offences under the LLP Act has the committee recommended for decriminalisation?Several offences related to timely filings, including annual reports and filings on changes in partnership stat... Read More...

  Jan 26, 2021   Polity

Q. What is The Great Reset?The Great Reset is an initiative by the World Economic Forum. It has been conceptualised by the founder and executive chairman of the World Economic Forum’s , Klaus Schwab, and has evolved over the last few years. It is based on the assessment that the world economy is in deep trouble. It has been argued that the situation has been made a lot worse by many factors, including the pandemic’s devastating effects on global society, the un- folding technological revolution, and the consequenc... Read More...

  Jan 25, 2021   Economy

Q. What is the news? Recently, the Reserve Bank of India (RBI) has proposed a tighter regulatory framework for Non-Banking Financial Companies (NBFCs) by creating a four-tier structure with a progressive increase in intensity of regulation.Q. What is its Aim?The proposed framework is aimed at protecting financial stability while ensuring that smaller NBFCs continue t... Read More...

  Jan 24, 2021   Economy

Q. What is the news?Recently, National Investigation Agency (NIA) has issued summons to over 40 persons in connection with a case registered against the US-based Sikhs for Justice (SFJ) in mid-December, inviting the ire of farm organisations who claim the government is targeting individuals opposing the three farm laws.Q. What is the case in which people backing the farm agitation are being summoned by the NIA? On December 15, the NIA regist... Read More...

  Jan 23, 2021   Polity

Q. What is the news? Reserve Bank of India (RBI) Governor recently agreed to look at the proposal for the creation of a bad bank.The idea of setting up a bad bank to resolve the growing problem of non-performing assets (NPAs), or loans on which borrowers have defaulted, is on discussion.With commercial banks set to witness a spike in Non-Performing Assets , or bad loans, in the wake of the contraction in the economy as a result of the Covid-19 pandemic.Q.... Read More...

  Jan 23, 2021   Economy

Q. Why is this in news?A. The Ministry of Skill Development and Entrepreneurship (MSDE) has recently launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0, in a bid to empower India’s youth with employable skills by making over 300 skill courses available to them.Skill India Mission was launched by the government in 2015 under which the flagship scheme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is run. Read More...

  Jan 22, 2021   Economy

Q. Why is this in news?The Department of Telecommunications (DoT) has sought inputs from tele-companies and other industry experts on the sale and use of radio frequency spectrum over the next 10 years, including the 5G bands.Q. What is 5G technology and how is it different?5G or fifth generation is the latest upgrade in the long-term evolution (LTE) mobile broadband networks. 5G mainly works in 3 bands, namely low, mid and high frequency spectrum — all of which have their own uses as well as limitations. Read More...

  Jan 22, 2021   Science and Technology

Q. What is the news?The Union government recently announced a new online single window clearance portal for the coal sector to speed up the operationalisation of coal mines. The announcement was made alongside the signing ceremony for the first tranche of coal blocks to be auctioned for commercial use.Q. What is a single-window clearance portal?A single window clearance portal is aimed at allowing successful bidders for coal blocks to be able to obtain all required clearances, including environmental and fore... Read More...

  Jan 21, 2021   Current Affairs

What is the news?Gujarat Chief Minister has recently announced the tourism policy for 2021-25, seeking to position the state as the country’s foremost tourist destination, with a focus on investment and livelihood opportunities. The policy seeks to make Gujarat a hub of “MICE” tourism.What is MICE tourism?The acronym “MICE” stands for “Meetings, Incentives, Conferences and Exhibitions”, and is essentially a version of business tourism that draws domestic and international tourists to a dest... Read More...

  Jan 21, 2021   Current Affairs