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Why in the news? The Global Pulses Conference, attended by producers, processors, and traders, highlights the imperative for India to boost pulse production to meet its nutritional needs. Highlights of The Global Pulses Conference: Ministers Munda and Goyal highlight a 60% increase in pulse production from 2014 to 2024. Emphasis on partnership between NAFED and …
Read MoreWhy in the news? Kosovo recently gained visa-free access to the Schengen zone, the world’s largest free movement area, marking a significant milestone. source:lotusrise The Schengen zone area: The zone is known after Schengen, the tiny Luxembourg village bordering France and Germany. Currently, it is an area encompassing 27 European countries that have officially abolished …
Read MoreWhy in the news? The GSLV-F14 carrying INSAT-3DS will launch from Sriharikota’s Satish Dhawan Space Centre at 5:35 p.m. tomorrow, according to ISRO. It marks the 16th GSLV flight and the 10th with the indigenous cryo stage, with the seventh operational flight featuring the indigenous cryogenic stage. Source:geospatial Objectives of INSAT-3DS Mission: INSAT-3DS will be …
Read MoreWhy in the news? India declined the demand for ‘data exclusivity’ during discussions with the European Free Trade Association (EFTA) for a free trade agreement. India and FTA India’s withdrawal from the Regional Comprehensive Economic Partnership (RCEP) in November 2019 paused its engagement with FTAs, including the 15-member grouping involving Japan. What is FTA? FTAs …
Read MoreWhy in the news? The Supreme Court rendered a landmark unanimous verdict, declaring the electoral bonds scheme unconstitutional and arbitrary. Additionally, critical legal amendments permitting unlimited political donations by wealthy corporations were invalidated. source:toi Violation of Voters’ Rights: The scheme and preceding amendments violated voters’ right to information about political funding under Article 19(1)(a) of …
Read MoreWhy in the news? The regulatory-mandated exit of Paytm Payments Bank from the Unified Payments Interface (UPI) platform, a popular digital payment system in India. Out of 90 million Paytm UPI users, only about 15 million exclusively use the app for transactions. source:gyanias What are Payment banks: Payment banks, like Airtel Payments Bank and India …
Read MoreWhy in the news? India becomes the top importer of Venezuelan crude oil in December 2023 and January 2024 after a hiatus of three years. source:slideserve About Resurgence in Venezuelan Crude Imports: In 2019: Venezuela was India’s fifth-largest oil supplier, providing nearly 16 million tonnes. Recent: Eased sanctions enable Venezuela, an OPEC member, to export …
Read MoreWhy in the news? Governor Shaktikanta Das of the Reserve Bank of India during the 59th South East Asian Central Banks Governors’ Conference in Mumbai address significant shifts in the global economy source:slideserve What is Monetary policy? Monetary policy refers to the strategies employed by the central bank to regulate the country’s money supply and …
Read MoreSyllabus: GS 2: Issues Relating to Development and Management of Social Sector/Services relating to Education and Human Resources. Why in the News? The Parliamentary Standing Committee on Personnel, Public Grievances, Law, and Justice recently released a report highlighting key recommendations to enhance legal education in India. Understanding Legal Education What is Legal Education? As per …
Read MoreSyllabus: GS 2 : Governance Important Aspects of Governance, Transparency & Accountability and institutional and other measures. Why in the News? The recent verdict on electoral bonds by the Supreme Court of India marks a significant moment in the realm of political funding and transparency. The decision to strike down the Electoral Bond Scheme (EBS) …
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