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Why in the news? The Supreme Court reserves order on whether its July 25 judgement on State taxation of mines and minerals should be applied retrospectively. Solicitor-General Tushar Mehta argues against retrospective application, citing potential severe impacts on industries and the common man. Source:ET Judgement Background: The July 25 verdict, by an 8:1 majority, affirmed …
Read MoreWhy in the news? Sebi’s new proposals aim to curb excessive retail speculation in derivatives, ensuring market stability and protecting retail investors. source:lotusarise Key Objective and Measures: Objective: Reduce excessive retail speculation in derivatives. Measures: Maintain depth in F&O for effective hedging. Prevent speculation from shifting to smallcaps. Impact: Adapting trading revenue models and business …
Read MoreWhy in the news? Civil Aviation Minister Ram Mohan Naidu introduced the Bharatiya Vayuyan Vidheyak, 2024. The bill aims to replace the 90-year-old Aircraft Act of 1934. It seeks to remove ambiguities, address redundancies, and enhance ease of doing business. source:theeconomictimes Key Provisions and Opposition Regulates aircraft design and manufacturing, supporting Atmanirbhar Bharat. Enhances the …
Read MoreWhy in the news? India’s hunger declines, but a UN report highlights high costs of healthy diets and rising obesity due to junk food consumption. source:medium Government Efforts and Health Impact: World’s largest free food program: 5 kg cereals to 810 million people monthly. School meal programs vary by state (e.g., eggs daily in Tamil …
Read MoreWhy in the news? Uttarakhand leads in SDG India Index 2023-24, showcasing achievements in healthcare, clean energy, poverty reduction, and environmental protection. source:scribd Achievements and Recognition: SDG India Index 2023-24: Uttarakhand is a top performer in the Sustainable Development Goals (SDGs). Leadership: Chief Minister Pushkar Singh Dhami’s leadership is pivotal in achieving high scores in …
Read MoreWhy in the news? Wayanad district experienced deadly landslides on July 30, killing 200 people and destroying villages. Heavy rains increased river volume, causing sediment to sweep into less steep lands. The Chaliyar river’s increased force after heavy rains in 2020 worsened the situation. source:thehindu Contributing Factors: Landslides are common in Kerala’s fragile ecological zones …
Read MoreWhy in the news? The UP Assembly passed a stricter amendment to the 2021 anti-conversion law. Aims to better protect vulnerable groups and enforce harsher penalties for forced conversions. The amendment’s legality and implementation are under scrutiny and have sparked wider legal debates. source:medium Explanation for Updating the Law The UP government aims to protect …
Read MoreSyllabus: GS 3: Science and Technology- Developments and their Applications. Awareness in the fields of IT Why in the News? India is at a critical juncture as it seeks to bolster its position in the global AI and semiconductor supply chain. Recent government initiatives and investments underscore the country’s ambition to become a major player, …
Read MoreSyllabus: GS-2- Social development, Welfare of Vulnerable sections , Ageing populations, Managing our Demographic dividend Focus : The article highlights the challenges and needs of India’s ageing population, emphasizing significant gaps in access to pensions, health services, and social care. It underscores the importance of creating comprehensive policies to address these gaps and ensure the …
Read MoreRelevance: GS 2 – Structure, organization and functioning of the Executive and the Judiciary—Ministries and Departments of the Government; pressure groups and formal/informal associations and their role in the Polity. Why in the news? The National Democratic Alliance’s inability to reach a comfortable electoral milestone could partly be due to its mishandling of legal issues. …
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