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10Feb 2024

REPO RATE UNCHANGED

Why in the News? RBI’s Monetary Policy Committee (MPC) retained the repo rate at 6.5% in a 5:1 majority decision during its bi-monthly review. MPC also maintained the stance as ‘withdrawal of accommodation’ to balance inflation and growth concerns. Inflation and Economic Outlook: Headline inflation forecast remains at 5.4% for the fiscal year amid uncertainty …

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10Feb 2024

SUSPENSION OF FREE MOVEMENT REGIME (FMR)

Why in the News? Ministry of Home Affairs (MHA) proposes immediate suspension of Free Movement Regime (FMR) between India and Myanmar. Source: HT About suspension of FMR: FMR allows tribes along the border to travel 16 km into the other country without a visa. Decision aimed at ensuring internal security and maintaining demographic structure of …

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10Feb 2024

CHARTING A PATH FOR THE POPULATION COMMITTEE

Relevance: GS 1 – Population and associated issues Why in the News? The interim Budget unveiled plans for a “high-powered committee” to address challenges stemming from rapid population growth and demographic shifts. The announcement signifies a proactive step towards addressing critical societal concerns. Key areas of focus include family planning, maternal and child health, education, …

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09Feb 2024

BREAKTHROUGH IN ANTIBIOTIC DISCOVERY

Focus: Discovering a New Class of Antibiotics: Scientists report a significant breakthrough in antibiotic discovery using deep-learning approaches. This discovery marks the end of a decades-long wait since the last known structural class of antibiotics reported in 2000. .Source: JPABS Historical Connection: In 1944, the year of the first artificial neural network proposal, scientists discovered …

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09Feb 2024

HETEROGENEITY OF SCHEDULED CASTES

Why in the News? The seven-judge Constitution Bench, led by Chief Justice of India D.Y. Chandrachud, observed that Scheduled Castes (SCs) cannot be treated uniformly for reservation as some may have progressed while others remain underprivileged. About the Issue: Government’s Response: Government’s Commitment to Reservation: The Centre assured the court of its commitment to the …

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09Feb 2024

RETIREMENT AGE EXTENSION FOR JUDGES: GOVERNMENT’S STANCE

Why in the News? Parliamentary Panel’s Recommendation: The Standing Committee on Law and Personnel proposed a performance-based tenure extension for judges beyond the retirement age. It suggested a system for performance appraisal, considering health, judgement quality, and quantity. Source: Tribune India Government’s Response: Linking performance evaluation to retirement age extension may not be practical and …

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09Feb 2024

SUPREME COURT OBSERVATION ON RESERVATION POLICY

Why in the News? Reservation policy should be dynamic and adaptable to changing social dynamics, stated the Supreme Court. Justice B R Gavai emphasized the need for an evolving policy to reflect contemporary situations, highlighting the importance of organic growth over static measures. Source: Slideshare Government’s Position: The Centre supported sub-classification within SCs and STs, …

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09Feb 2024

BOOSTING RESEARCH WITH PRITHVI SCHEME

Why in the News? Union Cabinet approves Rs 4,797 crore PRITHVI scheme to advance ocean, atmospheric, and polar sciences research. Spearheaded by Ministry of Earth Sciences (MoES), PRITHVI aims to sustain ongoing research till 2026. Source: mygov About PRITHVI Scheme: Aim: Enhancing continuous monitoring of Earth’s vital signs across atmosphere, ocean, geosphere, cryosphere, and solid …

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09Feb 2024

UTTARAKHAND’S HISTORIC UNIFORM CIVIL CODE

Why in the News? Uttarakhand Assembly passes the Uniform Civil Code (UCC) making it the first legislature in independent India to enforce common rules, excluding Scheduled Tribes. Source: UGI UCC Amendments: Highlights For Muslims: Marriage Age: Set at 18 for women and 21 for men, in line with Hindu Marriage Act, 1955. Succession Rules: Testamentary …

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09Feb 2024

WTO’S ROLE IN NON-TRADE ISSUES

Why in the News? India opposes discussing non-trade issues like environment and gender at the WTO’s 13th Ministerial Conference in Abu Dhabi. Source: Sohu About the Issue: Developed nations aim to tackle trade deficits with developing nations by incorporating non-trade issues into WTO discussions. Challenges arise from the EU’s Carbon Border Adjustment Mechanism (CBAM) and …

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