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By UGI USER

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04Jul 2024

EXTENSION OF SMART CITIES MISSION

Why in the News? The Smart Cities Mission (SCM) has been extended by the Centre till March 31, 2025. Originally launched in June 2015, the SCM aimed to develop 100 cities as smart cities through a competitive selection process. Source: Learning Mission Overview The SCM focuses on developing model areas within selected cities based on …

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04Jul 2024

“STATES’ REVENUE GROWTH TO RISE 8%-10% IN FY 2024-25: CRISIL”

Why in the news? CRISIL projects a revenue growth of 8%-10% for India’s top 18 States in 2024-25. Growth driven by higher GST collections and central tax devolutions, accounting for 50% of State revenues. source:quora About Goods and Services Tax (GST): GST was introduced through the 101st Constitution Amendment Act, 2016. The GST has subsumed …

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04Jul 2024

NINE INTERNAL SECURITY CHALLENGES

SYLLABUS: GS 2: Challenges to internal security through communication networks, role of media and social networking sites in internal security challenges, basics of cyber security; money-laundering and its prevention. Focus: The government should have a well-or-chestrated plan for the next five years. On internal security, the tollowing nine points should merit serious attention. Source: Deccan …

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04Jul 2024

GEOPOLITICAL TENSIONS AND ECONOMIC DECOUPLING

Syllabus: GS-3- Trade conflicts, impact on International Relations and global economy Focus : The article explores the implications of the recent U.S. decision to impose additional tariffs on Chinese imports, highlighting the potential for increased economic decoupling between the West and China. It examines the broader impacts on global trade, manufacturing, healthcare, and renewable energy, …

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04Jul 2024

AN UNEXPECTED BOUNTY

Syllabus: GS 2: Government Policies and Interventions GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources, Reserve Bank of India. Focus: The recent unexpected dividend transfer of Rs 2.11 lakh crore from the RBI to the central government has sparked significant debate. This windfall, much larger than anticipated, prompts crucial questions about …

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03Jul 2024

IS THE BAD LOAN PROBLEM SHIFTING TO INDIVIDUALS FROM INDUSTRIES?

Syllabus: GS 2: Banking sector in India. Effects of Liberalization on the Economy, Changes in Industrial Policy and their Effects on Industrial Growth. Focus: The resurgence of discussions around Non-Performing Assets (NPAs) and bad banks stems from ongoing efforts to stabilize India’s banking sector. With a focus on resolving NPAs and easing bank balance sheets, …

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03Jul 2024

DIGITAL JURISPRUDENCE IN INDIA, IN AN AI ERA

Syllabus: GS 3: Artificial Intellegence Awareness in the fields of IT, Space, Computers, Robotics, Nano-technology, Bio-technology Focus: Generative AI’s rapid advancements pose profound legal and ethical challenges in India’s digital landscape. From liability fixation to copyright complexities, existing frameworks struggle to keep pace with AI’s capabilities, prompting urgent discussions on regulatory adaptations and ethical standards. …

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03Jul 2024

FRANCE: INDIA’S STEADY PARTNER IN GREEN GROWTH

Relevance: GS 2 – Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests. Why in the News? On July 14, 2023, in Paris, President Emmanuel Macron and Prime Minister Narendra Modi elevated the ‘Partnership for the Planet’ as a key pillar of the Indo-French Horizon 2047 Roadmap. This decision underscores deepened …

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03Jul 2024

“TAMIL NADU APPROVES PROBE INTO ADANI COAL IMPORT SCAM ALLEGATIONS”

Why in the news? Tamil Nadu government sanctions investigation under Section 17A of the Prevention of Corruption Act, 1988, into Adani group coal import scam. Arappor Iyakkam alleges ₹6,066 crore corruption in coal imports involving Adani Global Pte Ltd. and Tangedco officials. source:slideshare About Prevention of Corruption Act, 1988: Enactment Date: Came into force on …

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03Jul 2024

RBI PROPOSES RATIONALISING EXIM NORMS

Why in the news? The Reserve Bank of India (RBI) has suggested changes to regulations governing export and import transactions. This move aims to enhance the ease of doing business and enable banks to better serve their foreign exchange customers. Source: ResearchGate Proposed Regulations RBI issued the “Regulation of Foreign Trade under Foreign Exchange Management …

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