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This infographic illustrates the key causes of market failures such as public goods, externalities, asymmetric information, and monopoly power, explaining how markets can fail to allocate resources efficiently. This topic belongs to GS Paper 3 (Economy) under the subject Indian Economy & Market Structures.
Read MoreFiji Unveils First National Child Safeguarding Policy Why in the News? Fiji has launched its first National Child Safeguarding Policy to strengthen child safety and protection mechanisms across all sectors. The policy introduces a Child Protection Code of Conduct, strict vetting systems, and risk mitigation strategies to combat abuse and ensure children’s welfare, including protection …
Read MoreLeaders Honour Pandit Deendayal Upadhyaya’s Birth Anniversary Why in the News? On Pandit Deendayal Upadhyaya’s birth anniversary, top leaders including Vice President, Prime Minister, and Union Ministers paid rich tributes. They remembered his philosophy of Integral Humanism, Antyodaya, and Cultural Nationalism, highlighting his contributions as a visionary leader and founder of Bharatiya Jana Sangh. The …
Read MoreAyushman Bharat PM-JAY: Transforming Healthcare Access Nationwide Syllabus: GS Paper – 2 : Health, Government Policies & Interventions, Important Schemes, Social Sector Initiatives, Public Policy, Central Sector Schemes Why in the News? Ayushman Bharat PM-JAY, launched in 2018, continues to revolutionize health care access and traditional medicine in India. With over 10.3 crore hospital admissions …
Read MoreOBC CERTIFICATES FOR SINGLE MOTHERS’ CHILDREN Syllabus: GS Paper – 2 Governance and Social justice Why in the News ? The Supreme Court of India has agreed to hear a petition seeking OBC certification for children of single mothers, challenging Delhi’s current policy that restricts such certificates to paternal lineage. The case raises important questions …
Read MoreRelevance: GS 2: Governance – Welfare Schemes, Rights of Vulnerable Sections GS 4: Ethics – Social Justice, Family Values Focus The article discusses the Women and Child Development (WCD) Ministry’s recently revised Model Foster Care Guidelines, which now allow single individuals including those who are unmarried, widowed, divorced, or legally separated to foster children and …
Read MoreIntroduction The Directive Principles of State Policy (DPSP) in the Indian Constitution, which are enumerated in Part IV, were inspired by the Irish Constitution. The primary objective of DPSP is to establish a “Welfare State.” Unlike the focus on political democracy, DPSP aims to create social and economic democracy within the state. These principles serve …
Read MoreSyllabus: 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, …
Read MoreWhy in the news? Railways extend disability quotas on all trains, ensuring accessibility and preventing misuse, enhancing travel opportunities for PwDs. source:slideserve About the Expansion of Quotas: The Ministry of Railways approves quotas for PwDs on all trains, regardless of concessional fare availability. Quotas allocated on reserved express/mail trains, including premium services like Rajdhani, Shatabdi, …
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