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13May 2024

34 DEAD, 16 MISSING IN INDONESIA FLOODS TRIGGERED BY MOUNT MERAPI.

Why in the news? Fatal flooding in Indonesia claims 34 lives and leaves 16 missing after Mount Merapi triggers flash floods and lava flow. source:scribd About the Fatal Flooding in Indonesia: At least 34 people lost their lives due to flash floods and cold lava flow from Mount Merapi. The floods occurred in two districts …

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13May 2024

GOVT. TO SPEND ₹2 CR. PER KM ON ROADS ALONG CHINA BORDER

Why in the news? Border road construction under Vibrant Village Programme along China border in Uttarakhand and Sikkim with ₹2 crore/km. source:worldmap About Government Spending on Border Roads: The government plans to allocate over ₹2 crore per kilometre for constructing roads along the China border in Uttarakhand and Sikkim under the Vibrant Village Programme (VVP). …

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13May 2024

INVESTMENT LESSONS FROM THE INDIA-EFTA TRADE DEAL

Syllabus: GS 2: Government Policies and Interventions for Development in various sectors  GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Focus: The recent trade agreement between India and the European Free Trade Association (EFTA) marks a significant milestone in India’s trade relations. While negotiations with other countries …

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13May 2024

INDIAN TAXATION SYSTEM

GENERAL SCENARIO OF INDIAN TAXATION Origin of Tax: The term “tax” comes from “taxation,” indicating an estimation process. Historical Presence: Direct taxation has been a part of India’s financial system since ancient times. Purpose of Taxation: Taxes are collected by the government to fund projects that boost the economy and improve citizens’ standard of living. …

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13May 2024

PUBLIC FINANCE (BUDGET AND FISCAL POLICY)

Understanding Public Finance Public finance is a crucial branch of economics that deals with the assessment of government revenue and expenditures. It aims at modifying these financial activities to achieve desirable outcomes and avoid adverse effects. This field covers the management of public money, including aspects such as the money a government receives, spends, borrows, …

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13May 2024

MAKE EXPORT POLICY FARMER FRIENDLY

SYLLABUS: GS 3: Major crops-cropping patterns in various parts of the country, – different types of irrigation and irrigation systems storage, transport and marketing of agricultural produce and issues and related constraints; e-technology in the aid of farmers. Focus: Five months after implementing a restriction on onion exports due to anticipated shortages in the rabi …

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12May 2024

KHANIJ BIDESH INDIA MAY ACQUIRE LITHIUM ASSET IN AUSTRALIA

Why in the news? Khanij Bidesh India Ltd. (KABIL) aims to acquire a lithium block in Australia this year, according to Mines Secretary V. L. Kantha Rao. source-US agency About Possible deal: KABIL, a joint venture of three PSUs, has been actively exploring mineral assets in Australia for the past year. Mr. Rao emphasized the …

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12May 2024

FLASH FLOODS KILL MORE THAN 300 PEOPLE IN AFGHANISTAN

Why in the news? Flash floods from unusually heavy seasonal rains in Afghanistan have killed more than 300 people and destroyed over 1,000 houses, the UN food agency said on Saturday Key points: The World Food Program is providing fortified biscuits to survivors of recent floods in Afghanistan, particularly in Baghlan province. Badakhshan, Baghlan, Ghor, …

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12May 2024

PANAMA MULLS CLOSING ITS ‘TRANSIT’ MIGRANT ROUTE

Why in the news? President-elect José Raúl Mulino plans to close a migration route in Panama used by over 500,000 people last year, aiming to assert control over immigration. source:TH Issue: Mulino emphasizes that Panama’s Darien region is not a transit route but a vital border area, signaling a shift in immigration policy. The migration …

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12May 2024

“UNDERSTANDING ELECTORAL LAWS AND REGULATIONS IN INDIA”

Syllabus: GS-2 :Elections in India , Various laws and institutions governing it ,Election commission of India Focus : The article provides an in-depth examination of electoral laws and regulations in India, focusing on key aspects such as the cap on contesting from multiple constituencies, eligibility criteria for candidates, disqualification criteria, changes in electoral regulations by …

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