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By UGI USER

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01Aug 2024

POTENTIAL WING STALL BEHIND KATHMANDU PLANE CRASH

Why in the news? A Bombardier CRJ200 jet crashed after taking off from Kathmandu’s Tribhuvan International Airport on July 24, with Captain Manish Raj Shakya as the sole survivor. A five-member panel is investigating the crash, but findings are not expected soon. Initial video analysis shows the plane steeply banked right before the crash. Unusual …

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01Aug 2024

THE GLOBAL STRUGGLE FOR A PANDEMIC TREATY

Syllabus: GS 2: Issues Relating to Development and Management of Social Sector/Services relating to Health. Government Policies and Interventions for Development in various sectors. Why in the News? The 77th World Health Assembly recently saw significant developments in global health governance, including amendments to the International Health Regulations and ongoing negotiations for a historic Pandemic …

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01Aug 2024

RISING STATE BORROWINGS AND ASSOCIATED RISKS

Why in the News? State governments in India are borrowing more, raising concerns about rollover risks. This is due to the significant increase in market borrowings to fund the gap between revenues and expenditures. The 16th Finance Commission’s recommendations will guide state fiscal deficits from 2026-2027 to 2030-2031, with an assumption that the state fiscal …

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01Aug 2024

EQUIVALENCE AMONG SCHOOL BOARDS IN INDIA

Why in the news? PARAKH, under NCERT, submitted an ‘equivalence’ report to the Ministry of Education to standardize academic standards across all school boards in India. The report provides recommendations on aligning academic standards among the 69 different school boards, including state boards, CBSE, ICSE, and others. Source: value added What Does Equivalence Across School …

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01Aug 2024

SMALL MODULAR REACTORS: CHALLENGES AND PROSPECTS

Why in the news? The Indian government is partnering with the private sector to study and test small modular reactors (SMRs), aiming to enhance the country’s nuclear energy capabilities. Nuclear energy is considered a crucial component in the global energy mix, particularly as renewable technologies develop and fossil fuels remain affordable and prevalent. source:slideshare Challenges …

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01Aug 2024

SUPREME COURT’S REVIEW ON RETROSPECTIVE TAXES

Why in the news? The Supreme Court reserves order on whether its July 25 judgement on State taxation of mines and minerals should be applied retrospectively. Solicitor-General Tushar Mehta argues against retrospective application, citing potential severe impacts on industries and the common man. Source:ET Judgement Background: The July 25 verdict, by an 8:1 majority, affirmed …

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01Aug 2024

SEBI’S PROPOSALS TO CURB SPECULATION

Why in the news? Sebi’s new proposals aim to curb excessive retail speculation in derivatives, ensuring market stability and protecting retail investors. source:lotusarise Key Objective and Measures: Objective: Reduce excessive retail speculation in derivatives. Measures: Maintain depth in F&O for effective hedging. Prevent speculation from shifting to smallcaps. Impact: Adapting trading revenue models and business …

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01Aug 2024

INTRODUCTION OF NEW AVIATION BILL

Why in the news? Civil Aviation Minister Ram Mohan Naidu introduced the Bharatiya Vayuyan Vidheyak, 2024. The bill aims to replace the 90-year-old Aircraft Act of 1934. It seeks to remove ambiguities, address redundancies, and enhance ease of doing business. source:theeconomictimes Key Provisions and Opposition Regulates aircraft design and manufacturing, supporting Atmanirbhar Bharat. Enhances the …

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01Aug 2024

INDIA’S HUNGER DECLINES, HEALTHY DIETS STILL UNAFFORDABLE

Why in the news? India’s hunger declines, but a UN report highlights high costs of healthy diets and rising obesity due to junk food consumption. source:medium Government Efforts and Health Impact: World’s largest free food program: 5 kg cereals to 810 million people monthly. School meal programs vary by state (e.g., eggs daily in Tamil …

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01Aug 2024

UTTARAKHAND TOPS SDG INDIA INDEX 2023-24 RANKINGS

Why in the news? Uttarakhand leads in SDG India Index 2023-24, showcasing achievements in healthcare, clean energy, poverty reduction, and environmental protection. source:scribd Achievements and Recognition: SDG India Index 2023-24: Uttarakhand is a top performer in the Sustainable Development Goals (SDGs). Leadership: Chief Minister Pushkar Singh Dhami’s leadership is pivotal in achieving high scores in …

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