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Syllabus: GS 3: Disaster and Disaster Management Environment and Degradation Why in the News? Heavy rains in Delhi and NCR caused severe flooding, traffic paralysis, and fatalities, highlighting poor civic maintenance, aging infrastructure, and the failure to integrate urban planning with climate change adaptations. Source: Dreamstime Introduction Heavy rains frequently inundate Indian cities like Delhi …
Read MoreRelevance: GS 2 – Economic Policies, GS 3 – Financial Markets Context The Union Finance Minister’s announcement in the Union Budget 2024 to do away with indexation for computing long-term capital gains (LTCG) tax has stirred discussions among taxpayers and industry stakeholders. The move has been described as an effort to “ease computation of capital …
Read MoreRelevance: GS 2 – Economic Policies, GS 3 – Financial Markets Context The Union Finance Minister’s announcement in the Union Budget 2024 to do away with indexation for computing long-term capital gains (LTCG) tax has stirred discussions among taxpayers and industry stakeholders. The move has been described as an effort to “ease computation of capital …
Read MoreSyllabus: GS-3- Ruppee internationalization ,Economic development of nation, Forex reserves Focus : The article delves into India’s ambition to internationalize the rupee, exploring the factors necessary for this transition, such as capital account convertibility, economic stability, and a robust export footprint. It highlights the steps taken so far, the challenges ahead, and draws comparisons with …
Read MoreRelevance: GS 2 – Government policies and interventions for development in various sectors and issues arising out of their design and implementation GS 3 – Awareness in the fields of IT Why in the news? Fair and wide access to data is essential for realizing AI’s full potential and distributing its benefits equitably. “Data are …
Read MoreWhy in the news? A Bombardier CRJ200 jet crashed after taking off from Kathmandu’s Tribhuvan International Airport on July 24, with Captain Manish Raj Shakya as the sole survivor. A five-member panel is investigating the crash, but findings are not expected soon. Initial video analysis shows the plane steeply banked right before the crash. Unusual …
Read MoreSyllabus: GS 2: Issues Relating to Development and Management of Social Sector/Services relating to Health. Government Policies and Interventions for Development in various sectors. Why in the News? The 77th World Health Assembly recently saw significant developments in global health governance, including amendments to the International Health Regulations and ongoing negotiations for a historic Pandemic …
Read MoreWhy in the News? State governments in India are borrowing more, raising concerns about rollover risks. This is due to the significant increase in market borrowings to fund the gap between revenues and expenditures. The 16th Finance Commission’s recommendations will guide state fiscal deficits from 2026-2027 to 2030-2031, with an assumption that the state fiscal …
Read MoreWhy in the news? PARAKH, under NCERT, submitted an ‘equivalence’ report to the Ministry of Education to standardize academic standards across all school boards in India. The report provides recommendations on aligning academic standards among the 69 different school boards, including state boards, CBSE, ICSE, and others. Source: value added What Does Equivalence Across School …
Read MoreWhy in the news? The Indian government is partnering with the private sector to study and test small modular reactors (SMRs), aiming to enhance the country’s nuclear energy capabilities. Nuclear energy is considered a crucial component in the global energy mix, particularly as renewable technologies develop and fossil fuels remain affordable and prevalent. source:slideshare Challenges …
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