Large Area Certification’ (LAC) Scheme –The Government of India has certified 14,491 ha of such area under Car Nicobar and Nancowry group of islands in UT of A&N Islands. This area becomes the first large contiguous territory to be conferred with organic certification under the ‘Large Area Certification Scheme ‘of the PGS-India (Participatory Guarantee System) …
National Panchayati Raj Day and SVAMITVA Scheme Context Ministry of Panchayati Raj commemorates 24th April of every year as the National Panchayati Raj Day (NPRD), as the 73rd Constitutional Amendment, which led to the institutionalization of Panchayati Raj, came into force on this date. Analysis Every year, on this occasion, the Ministry of Panchayati Raj has …
India has maintained same position as last year on a global press freedom index and is ranked 142nd out of 180 countries in the World Press Freedom Index 2021 , produced by Reporters Without Borders (RSF), a French non-governmental organization. This is despite the fact that for a year, on directions from Cabinet Secretary of …
Context: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, has given its approval for the proposal of the Department of Fertilizers for the formulation of an exclusive subsidy policy for Urea produced through the coal gasification route by Talcher Fertilizers Limited (TFL). Coal gasification plants are strategically important as coal prices are …
Context: The Reserve Bank of India (RBI) constituted a six-member committee headed by Sudarshan Sen, former executive director, Reserve Bank of India (RBI).The committee will: Review the existing legal and regulatory framework and recommend measures to improve the efficacy of asset reconstruction companies (ARCs); Review their role in stressed asset resolution under the Insolvency and …
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Tribunal Reforms Ordinance 2021 Context The Central Government by way of an Ordinance, namely the Tribunal Reforms (Rationalization and Conditions of Service) Ordinance, 2021 has abolished the Intellectual Property Appellate Board (IPAB). The Ordinance has also abolished the Plant Varieties Protection Appellate Tribunal under the Protection of Plant Varieties and Farmers’ Rights Act, 2001. Tribunal …
Tribunal Reforms (Rationalisation and Conditions of Service) Ordinance, 2021 Read More »
Context: The Reserve Bank of India (RBI) purchased bonds worth ₹25,000 crore recently as part of its security called the Government Securities acquisition programme (G-SAP 1.0), under which it will buy bonds worth 1 lakh crore from the secondary market in the three months to June 30 (Q1 of the current financial year). The central …
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Context: The India Energy Dashboards Version 2.0 was launched by NITI Aayog. Analysis India Energy Dashboards (IED) is an endeavour to provide single-window access to the energy data for the country. Energy data published/provided by Central Electricity Authority, Coal Controller’s Organisation, and Ministry of Petroleum and Natural Gas is compiled in the Dashboards. API linked …
India Energy Dashboards Version 2.0 by NITI Aayog Read More »
Context: Sputnik V Vaccine, the vaccine against Covid-19 developed by Russia, has been cleared for emergency use by the Drugs Controller General of India, the country’s drug regulator. It is now the third coronavirus vaccine to get emergency use approval, after Covishield (Serum Institute of India) and Covaxin (Bharat Biotech). Analysis The Sputnik V vaccine …
Context: Average spot power price rose by 65% to ₹4.06 per unit in March compared to the year earlier month at the Indian Energy Exchange (IEX) mainly due to increase in demand on account of rise in temperature and revival of economic activities. Analysis INDIAN ENERGY EXCHANGE LIMITED (IEX) is the first and largest energy …