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21May 2024

SUPREME COURT WAIVES INTEREST ON TELCOS’ LICENSE FEE INCOME TAX DUES

Why in the news? The Supreme Court waived off interest on income tax dues for telecom service providers like Bharti Airtel, Reliance, and Vodafone Idea. The waiver stemmed from a judgment on October 16, 2023, declaring telecom license fees as “capital in nature”. The Bench considered the Telecom Policy from 1999 and the lapse of …

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21May 2024

CCI CHAIRPERSON RAVNEET KAUR ADVOCATES INNOVATIVE TOOLS FOR DIGITAL MARKETS

Why in the news? Ravneet Kaur, Competition Commission of India(CCI) Chairperson, urges regulatory adaptability for digital market competition. Emphasizes the need for innovative analytical tools suited to the digital landscape. Aims to tackle challenges like “algorithmic collusion”. Key Points about “algorithmic collusion”: Algorithmic collusion involves using algorithms or computer programs to manipulate market behavior. It …

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21May 2024

“ICMR DISAVOWS BHU STUDY ON COVAXIN, CITES CRITICAL FLAWS”

Why in the news? The ICMR disassociated from a BHU study on Covaxin, citing no financial or technical support and critical design flaws. ICMR criticized the study for lacking a control group and proper documentation of adverse events. Source:IndiaToday Key Points about COVAXIN: “COVAXIN is India’s first indigenous COVID-19 vaccine developed by Bharat Biotech in …

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21May 2024

INDIA MOURNS IRANIAN PRESIDENT RAISI’S DEATH:

Why in the news? India observes state mourning following President Raisi’s death in a helicopter crash confirmed by Tehran. Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar extend condolences, highlighting Raisi’s contribution to India-Iran bilateral relations. Talks between External Affairs Minister S. Jaishankar Jaishankar and Iranian officials focused on maritime security and Chabahar …

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20May 2024

“GOVERNMENT APPROVES 12 GREENING PROJECTS UNDER GREEN CREDIT PROGRAM” 

Why in the news? The Centre has approved 12 projects under the Green Credit Program (GCP), aimed at incentivizing voluntary environmental actions. 24 additional plans from state forest departments are currently under consideration for approval. Source:Outlookplanet Green Credit Program (GCP): Market-based mechanism for voluntary environmental actions. Targets individuals, communities, and private sector Part of the …

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20May 2024

SCHEME FOR MINOR GIRL VICTIMS LACKS CLARITY, CONSISTENCY, AND COMPLIANCE

Syllabus: GS-2: Government Policies and Interventions for Development: Addressing Issues in Design and Implementation Issues Related To women Why in the news? Scheme for minor girl victims criticized for lack of clarity, inconsistencies, and failure to align with existing legislation. source:juristsglobal Focus: Scheme introduced by the Ministry of Women and Child Development on November 30, …

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19May 2024

THE HYPERPOLITICISATION OF INDIAN HIGHER EDUCATION

Syllabus: GS 2: Appointment to various Posts, Powers, Functions and Responsibilities of various Bodies. Statutory, Regulatory and various Quasi-judicial Bodies. Issues Relating to Development and Management of Social Sector/Services relating to Education. Why in the News? The article highlights the increasing politicisation of Indian higher education, reflecting concerns about academic freedom and autonomy amidst rising …

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