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Introduction Primary Livelihood Source Agriculture is the primary source of livelihood for approximately 58% of India’s population. This high percentage reflects the country’s dependency on agriculture for employment and economic stability. The sector’s extensive reach across rural India plays a crucial role in the socio-economic fabric of the country. Agricultural Land and Employment India boasts …
Read MoreIntroduction and Concept of Investment Investment is the act of allocating resources, usually money, with the expectation of generating an income or profit. This can be done through various channels, both directly and indirectly, across different sectors of the economy such as the primary (agriculture, mining), secondary (manufacturing), and tertiary (services) sectors, as well as …
Read MoreLogistics and its Scope Logistics encompasses the strategic management of goods movement from their origin to the destination, aiming to meet consumer demands efficiently and cost-effectively. This broad field covers activities from the end of the manufacturing process to the delivery of goods, playing a pivotal role in trade, transportation, and commerce. Effective logistics is …
Read MoreWhy in the news? The Supreme Court ruled that investigating agencies must provide written grounds for arrests under the Unlawful Activities (Prevention) Act (UAPA). This decision underscores the importance of the right to life and personal liberty as fundamental rights. About Section 43B of the Unlawful Activities (Prevention) Act, 1967 (UAPA): Requires the arresting officer …
Read MoreWhy in the news? The Supreme Court decided to assess the Uttarakhand government’s response to recent forest fires, questioning if it was lackadaisical and contributed to loss of lives and forest cover. The Bench, led by Justice B.R. Gavai, requested a report from the Uttarakhand Chief Secretary on the state’s readiness to combat forest fires, …
Read MoreWhy in the news? IMD predicts southwest monsoon onset over Kerala likely on May 31. Possible weather model deviation of four days. Climatological normal date for onset in Kerala is June 1, with a seven-day standard deviation. About Indian Meteorological Department( IMD): Agency: Ministry of Earth Sciences, responsible for meteorological observations, weather forecasting, and seismology. …
Read MoreWhy in the news? India Infrastructure Finance Company Ltd (IIFCL) aims for 18% growth in FY25. Targets to achieve zero net non-performing assets (NPAs) within the current financial year. source:freshersnow About Non-Performing Asset (NPA): Definition: A loan overdue for 90+ days, affecting various loan types. Impact: Reduces bank income, profitability, lending capacity, and increases loan …
Read MoreWhy in the news? The Supreme Court declined a plea for abortion of a 27-week pregnancy, emphasising the foetus’s right to live. Justices BR Gavai, SVN Bhatti, and Sandeep Mehta highlighted the pregnancy’s advanced stage, questioning the child’s right to survival. source:slideserve Key Points About Medical Termination of Pregnancy Act(MTP) Act: Passed in 1971 for …
Read MoreWhy in the news? The Indian Army is set to receive the next batch of Igla-S air defence systems, addressing critical gaps in its air defence capabilities and fulfilling procurement under Emergency Procurements (EP). Payments issues between India and Russia, impacting defence deals, have been resolved, facilitating smoother transactions for critical equipment acquisitions like the …
Read MoreWhy in the news? The Indian government has directed public sector companies Coal India, NMDC, and ONGC Videsh Ltd. (OVL) to actively scout for critical mineral assets abroad. Coal India is pursuing lithium blocks in Chile, while NMDC is looking at gold and lithium mines in Australia. source:Resarchgate About Critical Minerals: Critical minerals are essential …
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