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Why in the news? Finance Minister Nirmala Sitharaman announced amendments to banking laws, emphasising new reporting norms to improve data accuracy for policy-making and introducing customer-friendly nomination provisions. source:slideshare About the new reporting norms and amendments: Finance Minister Nirmala Sitharaman emphasized the importance of new reporting norms for banks as part of the amendments to …
Read MoreSyllabus: GS 2: India and its Neighborhood- Relations. Effect of Policies and Politics of Developed and Developing Countries on India’s interests, Indian Diaspora. Why in the News? The growing discontent in Bangladesh highlights concerns over the erosion of democratic norms. Recent street protests, triggered by controversial government policies and perceived autocratic governance, have drawn attention …
Read MoreSyllabus: GS-3: Planning , Employment , Inclusive Growth Focus: Saudi Arabia’s new domestic workers law, set for September 2024, is crucial as it aims to address significant gaps in protection for migrant domestic workers. Despite improvements like fixed working hours and better leave entitlements, challenges persist due to the Kafala system’s exploitation and weak enforcement, …
Read MoreWhy in the news? PMAY-U 2.0, approved by the Union Cabinet, increases the Credit Guarantee Fund corpus to ₹3,000 crore and aims to support 1 crore urban poor families with affordable housing. source:researchgate Understanding the enhanced support for Housing Financiers: The Pradhan Mantri Awas Yojana (Urban) 2.0 (PMAY-U 2.0), launched to address the housing shortage …
Read MoreWhy in the news? The Great Barrier Reef has experienced record high temperatures over the last decade, resulting in substantial coral bleaching and rising mortality rates, raising concerns about the impact of human-caused climate change. About the Rising Temperatures Temperatures are rising: Over the last decade, water temperatures in and around the Great Barrier Reef …
Read MoreRelevance GS 2 – Health GS 3 – Science and Technology Focus This article investigates the major but frequently neglected effects of irrational antibiotic usage on the human microbiota. It demonstrates how even a single round of antibiotics can cause dysbiosis, a change in the equilibrium of gut bacteria with serious and long-term consequences for …
Read MoreRelevance: GS 2 – Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes Why in the news? Amartya Sen’s quote, “The idea of meritocracy may have many …
Read MoreWhy in the news? A new strain called the Clade Ib subclade of mpox, previously known as monkeypox, has been identified in the Democratic Republic of Congo (DRC) and is now spreading to several neighboring countries. The strain causes skin rashes across the whole body, unlike other strains where lesions and rashes are usually limited …
Read MoreWhy in the news? Prime Minister Narendra Modi will release 109 new climate-resilient and bio-fortified crop seed varieties developed by ICAR, aimed at improving yield and water efficiency for farmers. source-TH About the News: Prime Minister will unveil 109 varieties of 61 crops, including 34 field crops and 27 horticultural crops. Field Crops: Includes cereals, …
Read MoreSyllabus: GS 3: Agriculture GS 3: Issues related to subsidies Why in the News? Agri-economist Ashok Gulati warns that India might need to import 80-100 lakh tonnes of pulses by 2030 due to continued heavy subsidies on paddy under current policies. Source: Statista Introduction Agri-economist Ashok Gulati highlighted the need for incentives to grow pulses, …
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