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27Mar 2024

EMPLOYMENT SCENARIO IN INDIA GRIM, SAYS ILO REPORT

Why in the news? India’s employment crisis highlighted by ILO report citing rising youth unemployment, skill gaps, and challenges in accessing quality jobs. Highlights of the report: Youth Unemployment and Education The share of unemployed youth with secondary or higher education doubled from 35.2% in 2000 to 65.7% in 2022. Nearly 83% of India’s unemployed …

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27Mar 2024

SENSING THREAT FROM CHINA, INDIA JOINS THE RACE TO MINE SEA

Why in the news? India applies to explore Indian Ocean seabed, citing strategic concerns over Chinese activity, to secure future interests in deep sea mining. source:thehindu About the  Application to International Seabed Authority (ISBA): India seeks rights to explore two vast Indian Ocean seabed tracts outside its jurisdiction. One tract, the Afanasy Nikitin Seamount, is …

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27Mar 2024

THE NEED TO CURB BLACK CARBON EMISSIONS:

Why in the news? India’s efforts to curb black carbon emissions through initiatives like the Pradhan Mantri Ujjwala Yojana are highlighted for environmental and health concerns.Uderstanding Black Carbon: Black carbon, emitted during incomplete combustion of biomass and fossil fuels, contributes to global warming and health risks. India’s residential sector, notably from traditional cookstoves burning biomass, …

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27Mar 2024

‘RBI ACTIONS TO RESTRICT CREDIT GROWTH’:

Why in the news ? RBI’s strict measures to control lending and improve compliance are expected to slow loan growth, raise costs, and impact valuations. About the Regulatory Measures and Impact: RBI’s stringent actions aim to control lenders’ exuberance, enhance compliance, and protect customers. S&P Global predicts a slowdown in loan growth to 14% in …

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27Mar 2024

ICCC: FARM DATA DASHBOARD FOR CUSTOMIZED SOLUTIONS

Why in the news? Krishi Integrated Command and Control Centre (ICCC) inaugurated in New Delhi for tech-driven agriculture decision-making and farmer advisories. About the  Visual Output and Objectives: Inaugurated by Agriculture Minister Arjun Munda in New Delhi. A tech-based solution using AI, remote sensing, and GIS for informed decision-making in agriculture. Houses at the Ministry …

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27Mar 2024

FOOTING THE CLIMATE ACTION BILL:

Why in the news? “Developed countries’ failure to meet $100 billion climate finance pledge prompts discussions on new funding targets for COP29.” source:researchgate About the Current Status and Challenges: Developed countries pledged $100 billion annually for climate action in 2009 but have not met this commitment. Negotiations for a new climate finance budget are ongoing …

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27Mar 2024

OUTMATCHED 4:1, INDIAN SUBMARINE SURFACES NEAR CHINA CHOKEPOINT

Why in the news? Indian Navy’s submarine operations, including group exercises and strategic deployments, highlight India’s maritime capabilities and regional security concerns. About the Operational Showcase: The Indian Navy recently displayed submarine prowess with eight submarines operating together in the Western Indian Ocean Region. A Scorpene submarine sailed to the Andaman Nicobar Islands, strategically overlooking …

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27Mar 2024

RAFALE ‘KNOCKS OUT’ SU-35 FIGHTERS TO PROPEL FRANCE AS THE 2ND BIGGEST DEFENSE EXPORTER AHEAD OF RUSSIA

Why in the news? Decline in Russian arms exports and France’s rise as a major arms exporter reshape global dynamics, impacting international defense markets. source:slidesrerve About the Decline in Russian Arms Exports and France’s Rise as Arms Exporter: Amid war demands and international sanctions, Russia’s arms exports plummet. Russian arms shipments dropped by 53% since …

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27Mar 2024

INDIA TO REDUCE EV IMPORT DUTY FOR TESLA, OTHER GLOBAL AUTOMAKERS

Relevance: GS 2 – Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Why in the News? India has agreed to reduce import duties on electric vehicles (EVs) for global companies, including Tesla, to facilitate their entry into the Indian market. The reduced duty rate is …

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27Mar 2024

THE DEMOCRATIC POLITICAL PROCESS IS BROKEN”

Syllabus: GS2 : Functions and Responsibilities of the Union and the States, Issues and Challenges Pertaining to the Federal Structure, Important Aspects of Governance. Why in the News? India’s democratic system is encountering significant challenges, impacting governance and public trust. The institutional machinery seems to be captured, making power balance adjustments difficult. The inability to …

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