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09Mar 2024

WHY SCIENTISTS VOTED DOWN PROPOSAL TO DECLARE START OF ANTHROPOCENE

Why in the news? Scientists reject declaring Anthropocene start, citing lack of consensus. Human impact on the planet acknowledged, future interpretation anticipated. About the Proposed ‘Human Epoch’: The proposal aimed to establish a new geological epoch called the Anthropocene, coined in 2000 by scientists Paul Crutzen and Eugene Stoermer. Proponents argue that human activities have …

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09Mar 2024

BACKED BY BRAHMOS, NAVY’S MINICOY BASE TO KEEP WATCH OVER ARABIAN SEA

Why in the news? Indian Navy upgrades Minicoy base with BrahMos missiles, enhancing surveillance amid growing Chinese naval activity. Karwar base expansion approved. source:slideserve Key points of the Indian Navy’s Minicoy Base Upgrade: INS Jatayu, the Indian Navy’s new base on Minicoy Island, will feature radars, jetties, airfield, and BrahMos supersonic cruise missiles. The upgrade …

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09Mar 2024

BHUTAN PM TSHERING TOBGAY TO VISIT INDIA NEXT WEEK

Why in the news? Bhutan PM Tshering Tobgay’s Delhi visit focuses on bilateral ties, economic projects, including the Gelephu hub, amid pandemic challenges. source:tripoto Key Projects and Economic Cooperation with Bhutan: Of particular interest is India’s assistance in Bhutan’s “Gelephu Mindfulness City” project, requiring infrastructure development such as rail and road connectivity and upgrading Gelephu …

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09Mar 2024

CENTRE TWEAKS PM SOLAR ‘FREE ELECTRICITY’ SCHEME

Why in the news? Government adjusts PM Surya Ghar Muft Bijli Yojana, subsidising 60% of rooftop solar installation costs; households bear the remainder. source:newsonair About Scheme Modification: The government has altered the ₹75,000 crore PM Surya Ghar Muft Bijli Yojana, originally intended to fully subsidise 1 kW-3 kW rooftop solar systems for one crore households. …

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09Mar 2024

‘INDIA, FOUR-NATION EFTA BLOC LIKELY TO INK FTA ON MARCH 10’

Why in the news? India and the European Free Trade Association (EFTA) are poised to sign the India-EFTA Trade and Economic Partnership Agreement (TEPA), aiming to boost trade, investment, and job creation. Key points of the India-EFTA Free Trade Agreement: India and the European Free Trade Association (EFTA), comprising Switzerland, Finland, Norway, and Liechtenstein, are …

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09Mar 2024

INDIA’S RS 10,000-CR AI MISSION

Why in the news? India’s approval of Rs 10,000-cr AI Mission, subsidizing private AI computing setups, addresses the country’s AI computing capacity gap. source:techradar Addressing AI Computing Capacity Shortcoming: Union Cabinet approves India AI Mission with Rs 10,372 crore for five years. Aims to subsidise private firms for AI computing capacity setup. Targets over 10,000 …

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09Mar 2024

DUBIOUS RESPONSE

Syllabus: GS 2: Functions and responsibilities of the Union and the States, issues and challenges pertaining to the federal structure, devolution of powers and finances up to local levels and challenges therein. Focus: The SBI to delay publication of details of electoral bonds defy belief Source:- India Today Electrol Bonds Electoral Bond Scheme is a …

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09Mar 2024

INDIA’S SUBOPTIMAL USE OF ITS LABOUR POWER

Syllabus: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: The economy continues to engage a majority in low quality work, which has larger macroeconomic growth repercussions. Source:- The wire India’s labor market is characterized by a vast informal sector, encompassing around 90% of its workforce. This …

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09Mar 2024

CHANGE IN THE VALLEY

Syllabus: GS 2 :  Indian Constitution— Historical Underpinnings, Evolution, Features, Amendments, Significant Provisions . Issues and Challenges Pertaining to the Federal Structure. Why in the News? Prime Minister’s recent visit to Jammu and Kashmir (J&K) marked a significant milestone, being his first since the abrogation of Article 370. This visit provided an opportunity to assess …

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08Mar 2024

RBI, BANK INDONESIA TO USE LOCAL CURRENCIES FOR TWO-WAY DEALS

Why in the news? RBI and Bank Indonesia sign MoU to promote cross-border transactions in local currencies, aiming to boost trade and financial integration. source:lotusrise Highlights of the Agreement: RBI and Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) to promote local currency usage for cross-border transactions. Aim is to encourage the use of …

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