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21May 2024

“ICMR DISAVOWS BHU STUDY ON COVAXIN, CITES CRITICAL FLAWS”

Why in the news? The ICMR disassociated from a BHU study on Covaxin, citing no financial or technical support and critical design flaws. ICMR criticized the study for lacking a control group and proper documentation of adverse events. Source:IndiaToday Key Points about COVAXIN: “COVAXIN is India’s first indigenous COVID-19 vaccine developed by Bharat Biotech in …

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21May 2024

INDIA MOURNS IRANIAN PRESIDENT RAISI’S DEATH:

Why in the news? India observes state mourning following President Raisi’s death in a helicopter crash confirmed by Tehran. Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar extend condolences, highlighting Raisi’s contribution to India-Iran bilateral relations. Talks between External Affairs Minister S. Jaishankar Jaishankar and Iranian officials focused on maritime security and Chabahar …

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21May 2024

“BEYOND QUOTAS: MOVING TOWARDS EMPLOYMENT, EDUCATION, AND EMPLOYABILITY”

Syllabus: GS-2 : Reservation in India , efficiency and moving beyond it for long term measures Focus : The article focuses on transitioning from India’s reservation system to a more inclusive approach that emphasizes employment, education, and employability. It highlights the limitations of reservations in addressing caste, gender, and class injustices and advocates for policy …

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21May 2024

CRITICAL TIMES CALL FOR STRONG JUDICIAL ADJUDICATION

SYLLABUS: GS 2: Statutory, regulatory and various quasi-judicial bodies. Focus: The Supreme Court of India will eventually address whether the Citizenship (Amendment) Act (CAA) and its rules can withstand constitutional scrutiny. Source: OAG Introduction The Supreme Court of India will eventually address whether the Citizenship (Amendment) Act (CAA) and its rules can withstand constitutional scrutiny. …

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21May 2024

INTERNATIONAL FINANCIAL INSTITUTIONS

Asian Development Bank (ADB) Establishment and Headquarters Founded on December 19, 1966, and headquartered in Manila, Philippines. Multilateral development bank promoting social development, sustainable economic growth, and regional integration in Asia and the Pacific. Membership and Leadership A total of 68 member countries, including 49 from Asia-Pacific and non-regional developed countries. Japan, the US, China, …

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21May 2024

WORLD TRADE ORGANIZATION (WTO)

Introduction and Evolution Timeline of the WTO Establishment of GATT and ITO The General Agreement on Tariffs and Trade (GATT) was founded in 1947 as the cornerstone of the multilateral trading system. The foundation of GATT was laid during the Bretton Woods Conference in 1944, alongside the establishment of the International Monetary Fund (IMF) and …

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21May 2024

BRETTON WOODS INSTITUTIONS

After World War II, there was a pressing need among powerful nations for a more unified global financial order. The establishment of the United Nations Organization (UNO) signified hopes for a more stable world order. To address these concerns, representatives from the USA, the UK, and 42 other nations convened at Bretton Woods, New Hampshire, …

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21May 2024

HUMAN DEVELOPMENT IN INDIA

Meaning of Human Development Human development represents a comprehensive and multidimensional approach to enhancing the well-being and freedoms of individuals, transcending the traditional reliance on economic growth as a sole indicator of progress. It prioritizes the expansion of people’s choices and capabilities, offering them the opportunity to lead fulfilling lives according to their desires and …

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20May 2024

“STARLINK LAUNCH IN INDONESIA BOOSTS INTERNET ACCESS AMID CHALLENGES”

Why in the news? Elon Musk’s launch of Starlink in Indonesia is in the news for improving internet access in remote areas. Starlink’s service experienced degradation due to a major geomagnetic storm, highlighting challenges faced by satellite-based internet providers. Source:bbc About Starlink project: A SpaceX project to provide space internet via a constellation of low …

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20May 2024

COVID VACCINE MAKERS PREPARE TO LAUNCH NEW-GENERATION JABS AMID VARIANT CONCERNS

Why in the news? Hyderabad-based Biological E initiates clinical trials for next-generation Covid vaccine targeting the XBB1.5 variant. Aimed at combating evolving strains of SARS-CoV-2, particularly amid rising cases worldwide. About India SARS-CoV-2 Genomics Consortium (INSACOG): India SARS-CoV-2 Genomics Consortium (INSACOG) initiated by the Health Ministry, DBT, CSIR, and ICMR. Consists of 54 labs monitoring …

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