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08Mar 2024

PM INAUGURATES COUNTRY’S CENTRE EXTENDS UJJWALA SUBSIDY TILL FY25, DA HIKED TO 50% OF BASIC SALARY

Why in the news? Ujjwala subsidy extension, DA hike, and Northeast industrial development scheme announced by the Union Cabinet, impacting the economy and beneficiaries. Extension of Ujjwala Subsidy: Ujjwala subsidy extended for PMUY beneficiaries till FY 2024-25. Subsidy covers 12 refills/year, costing Rs 12,000 crore. DA for central govt. staff increased by 4%, reaching 50% …

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08Mar 2024

A BOLD STEP TOWARDS A CERVICAL CANCER-FREE FUTURE

Syllabus: GS 3: Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights. Focus: The push for HPV vaccination for girls, in the 2024-25 interim Budget, marks a new era in women’s health in India. Source:- IE Introduction: A Leap Forward in Women’s Healthcare Celebration of Women’s …

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08Mar 2024

BANKING FOR NET ZERO

Syllabus: GS 2: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: Globally, men are likely to transition to green jobs faster than women. Source:- banking climate The transition to net zero necessitates a significant transformation within the financial sector, particularly for the banking system. This shift involves phasing …

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08Mar 2024

THE BIAS THAT MUST GO

Syllabus: GS 2: Role of women and women’s organization, population and associated issues, poverty and developmental issues, urbanization, their problems and their remedies. Focus: India Justice Report (IJR) shed light on the wide gender gap persisting within police, judiciary, prisons, legal aid, and human rights commissions. Source:- IE Despite global acknowledgment of diversity as a …

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07Mar 2024

ENSURE PAK. DOES NOT DIVERT LOANS TO FOOT DEFENCE BILLS:INDIA TO IMF:

Why in the news? India urges IMF to closely monitor funds to Pakistan, ensuring they’re not diverted to defence or external debt repayment. Indian representative Krishna Subramanian conveyed this stance during IMF board review of Pakistan’s ongoing $3 billion Stand-By Arrangement. source:theeconomist Loan Review and India’s Abstention: India abstained from voting on loans to Pakistan, …

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07Mar 2024

PM LAUNCHES INDIA’S FIRST UNDERWATER METRO LINE IN KOLKATA PRESS TRUST OF INDIA KOLKATA

Why in the news? PM  launches Kolkata’s first underwater Metro line, enhancing connectivity, easing congestion, showcasing engineering capabilities. source:indiatoday Highlights of the Inauguration: The PM inaugurated Kolkata Metro’s Esplanade-Howrah Maidan section, including India’s first underwater transportation tunnel. PM engages with students during symbolic Metro ride, showcasing engineering prowess. Additionally, the 5.4 km Kavi Subhash-Hemanta Mukhopadhyay …

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07Mar 2024

2023 EL NIÑO IS AMONG THE STRONGEST ON RECORD: WMO:

Why in the news? The World Meteorological Organization (WMO) declares 2023-2024 El Niño among the five strongest on record,predicting continued climate impact and above-normal temperatures globally. source:slideserve About Climate Impact and Predictions: Prevailing El Niño conditions led to record temperatures and extreme events globally in 2023. WMO forecasts 60% chance of El Niño persisting during …

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07Mar 2024

BAN ON PAYTM PAYMENT BANK: 85% OF WALLET USERS UNLIKELY TO BE IMPACTED, SAYS RBI GUV

Why in the news? RBI Governor assures minimal disruption for most Paytm users; directive addresses compliance issues, not targeting fintech sector. source:slideserve About RBI Directive and Deadline Extension: RBI barred PPBL from accepting deposits and top-ups in any customer account after February 29, 2024. Deadline extended to March 15 due to persistent non-compliance issues. What …

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07Mar 2024

A PHARMA POWERHOUSE GUJARAT FOR 35 PER CENT OF INDIA’S PHARMA OUTPUT

Why in the news? “Gujarat emerges as India’s leading pharmaceutical manufacturing hub, contributing over 35% to the country’s market share.” About Lion’s Share of Pharma Market: Gujarat’s pharma industry commands over 35% of India’s market, valued at Rs. 1.42 lakh crore in FY 2022-23. The state contributes 28% to India’s pharma exports, totaling Rs. 2.05 …

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07Mar 2024

TREES IN CORBETT FELL PREY TO GREEDY NEXUS, SAYS SC:

Why in the news? “Supreme Court condemns illegal felling of 6,000 trees in Corbett for eco-tourism, calls for accountability and restoration.” Key points :Illegal Tree Felling in Corbett: 6,000 trees illegally felled in Corbett for eco-tourism buildings. The Supreme Court condemns greed-driven destruction of vital tiger habitats. Directs the ministry to form a committee, assess …

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