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Why in the News? French President Emmanuel Macron confirmed as Chief Guest for India’s 75th Republic Day celebrations. Marks the sixth instance of a French leader gracing the Republic Day parade, emphasizing strong bilateral ties. Source: TPCI India-France Ties: India and France’s 75-year-old friendly relations elevated to a Strategic Partnership in 1998. France’s crucial support …
Read MoreWhy in the News? Finance Ministry releases “Re-examining Narratives,” addressing concerns with credit rating agencies’ opaque methodologies. Chief Economic Advisor V Anantha Nageswaran aims to present alternative perspectives on economic policy. Source: Wall street Mojo Role of Sovereign Ratings : Sovereign ratings indicate a government’s creditworthiness, influencing global investor perceptions. Analogous to an individual’s credit …
Read MoreWhy in the News? Air Chief Marshal V R Chaudhari emphasizes the competitiveness and reliability of India’s indigenous platforms like Light Combat Aircraft, Light Combat Helicopter, Akash Missile systems, and radars. Suggests that these platforms can enhance India’s influence in the Global South, offering export potential and economic benefits. IAF’s Role in Global Partnerships: As …
Read MoreWhy in the News? Lt Gen R P Kalita, Eastern Army Commander, highlighted challenges from increased migration from Myanmar, especially in Manipur. The recent trend indicates intensified fighting between Myanmar Army and pro-democratic groups, leading to an influx towards northern Manipur. Source: Indian defence Review Security Concerns The surge in migration from Myanmar poses security …
Read MoreWhy in the News? The aims to establish 17,000 creches in anganwadis nationwide. Under the ‘Palna’ scheme, 5,222 creches have already received approval, addressing the need for daycare facilities. Source: PTeducation About ‘Palna’ Scheme : Associated Ministry: Ministry of Women and Child Development . Features of the Scheme : The initiative focuses on providing quality …
Read MoreSyllabus: GS 2 : Issues and challenges pertaining to the federal structure. Why in News: Supreme Court of India limits application of Prevention of Money Laundering Act, 2002 to “proceeds of crime” Source- ToI The editorial critically examines the enforcement and interpretation of the Prevention of Money Laundering Act (PMLA), 2002, focusing on its impact …
Read MoreKey Features of the Bill: The Bill allows interception of postal articles based on grounds such as state security, friendly relations with foreign states, public order, and emergencies. Empowers the Union government to intercept, open, or detain postal items, which may be disposed of as deemed appropriate. Exempts the Post Office from liability except in …
Read MoreWhy in the News? Namdapha flying squirrel, missing for 42 years, reappeared in Arunachal Pradesh. Last described in 1981, the arboreal mammal was thought to be lost or mistaken for a similar species. Zoologists failed to locate it during multiple expeditions, generating theories about its disappearance. Source: The Hindu Rediscovery Expedition: A team from Aaranyak, …
Read MoreWhy in the News? Chief Economic Advisor’s office calls for urgent reforms in sovereign credit rating. Fitch, Moody’s, and S&P methodologies criticized for being subjective, especially toward developing countries. Over-reliance on non-transparent qualitative factors impacts India’s credit rating despite significant economic growth. Source: WallStreetMojo Impact on Developing Countries: Qualitative parameters weigh more than actual macroeconomic …
Read MoreProposal for AIJS: President Droupadi Murmu suggests an AIJS to diversify the judiciary. Similar to the UPSC, the AIJS proposes central recruitment exams for district judiciary judges. Lack of consensus from High Courts and State governments raises questions about its implementation. Addressing Representation Gaps: India Justice Report 2022 indicates gender and caste underrepresentation in subordinate …
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