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RBI’s Proposed Framework to Administer Project Financing | Explained

Why in the News? The RBI has issued draft regulations for a Harmonized Prudential Framework and revised DCCO criteria, to enhance the Regulatory Framework for long-term (infrastructure, non-infrastructure, and commercial real estate sectors) project financing. RBI’s purpose behind this is to regulate and supervise payment and settlement systems in the country, ensuring safe, secure, and… Continue reading RBI’s Proposed Framework to Administer Project Financing | Explained

[pib] 26th Meeting of the Committee for Environmental Protection (CEP)  

Why in the News?  The 26th Meeting of the Committee for Environmental Protection (CEP) is set to be held in Kochi, Kerala. 26th CEP Agenda Review of the Protocol on Environmental Protection to the Antarctic Treaty (the Madrid Protocol). Evaluation of the effectiveness of existing Environmental Protection Measures. Identification of areas for potential enhancement or… Continue reading [pib] 26th Meeting of the Committee for Environmental Protection (CEP)  

X chromosome revival in older Women increases Autoimmune Disease risk

Why in the News? The X chromosome influences biological functions and disease susceptibilities, affecting genetic disorders, autoimmune diseases, and Alzheimer’s, with research offering potential new treatments and therapies. Back2Basics: Chromosomes Chromosomes are fundamental components of cells that play a vital role in storing and transmitting genetic information. These structures contain genes, which carry instructions for… Continue reading X chromosome revival in older Women increases Autoimmune Disease risk

[21 May 2024] The Hindu Op-ed: Critical times call for strong judicial adjudication

PYQ Relevance:Mains:  Mains: Q) What was held in the Coelho case? In this context, can you say that judicial review is of key importance amongst the basic features of the Constitution? (UPSC CSE 2016) Q) The Supreme Court of India keeps a check on arbitrary power of the Parliament in amending the Constitution. Discuss critically. (UPSC… Continue reading [21 May 2024] The Hindu Op-ed: Critical times call for strong judicial adjudication

MSMEs have not been defined well — and micro enterprises pay the price for this

Why in the News? A parliamentary panel suggested separating micro-enterprises from the broader MSME category and recommended revising definitions every five years. A government order for timely MSME payments has exposed knowledge gaps and unintentionally marginalized smaller enterprises, highlighting issues in understanding their structure and operations. Present Status: According to the National Sample Survey Organisations… Continue reading MSMEs have not been defined well — and micro enterprises pay the price for this

Why worker housing is the key to unlocking India’s manufacturing ambitions

Why in the News? The emphasis on workers’ accommodation in the manufacturing sector is gaining traction in the news due to its potential to address key challenges and unlock India’s manufacturing ambitions. About  India’s goal to $10 trillion by 2035 India aims to grow its economy to $10 trillion by 2035, with a specific focus… Continue reading Why worker housing is the key to unlocking India’s manufacturing ambitions

10th World Water Forum

Why in the News? The World Bank report, titled “Water for Shared Prosperity,” was released at the 10th World Water Forum in Bali, Indonesia. It underscores the widening gap in access to water resources and services, exacerbated by factors like population growth, urbanization, and climate change. Water for Shared Prosperity: Key Highlights of the Report… Continue reading 10th World Water Forum

Key Highlights of World Migration Report, 2024

Why in the News? The International Organization for Migration (IOM) has recently launched the World Migration Report 2024. Back2Basics: International Organization for Migration (IOM) Details About Originated in 1951 as the Provisional Intergovernmental Committee for the Movement of Migrants from Europe (PICMME) after World War II’s upheavals. In 2016, IOM agreed with the United Nations,… Continue reading Key Highlights of World Migration Report, 2024

IFPMA Report on Antimicrobial Resistance

Why in the news? The International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) released a report titled “From Resistance to Resilience: Reinforcing the Response to Antimicrobial Resistance,” emphasizing the urgent need for enhanced Antibiotic development. Report Highlights: Current State of Antibiotic Development: Weak Pipeline: The current pipeline for developing new antibiotics is described as weak,… Continue reading IFPMA Report on Antimicrobial Resistance

[20 May 2024] The Hindu Op-ed: A minor girl victim support scheme that loses its way

PYQ Relevance: Mains: Q What are the continued challenges for Women in India against time and space? (UPSC IAS/2019) Q. Discuss the positive and negative effects of globalization on women in India. (UPSC IAS/2015) Prelims: Which of the following statements is/are correct regarding the Maternity Benefit (Amendment) Act, 2017? (UPSC IAS/2019) 1. Pregnant women are entitled… Continue reading [20 May 2024] The Hindu Op-ed: A minor girl victim support scheme that loses its way

Phtheirospermum Lushaiorum: Hemiparasite Plant Species named after Lushai Tribe  

Why in the News? A rare hemi-parasitic terrestrial plant has been found in Phawngpui National Park of Mizoram. It has been named ‘Phtheirospermum Lushaiorum’ after the Lushai tribe of Mizoram, honoring their commitment to biodiversity conservation. About  Lushai Tribe Lushai is another tribe under the Kuki-chin group (racially from Mongolia) of tribes. They are commonly… Continue reading Phtheirospermum Lushaiorum: Hemiparasite Plant Species named after Lushai Tribe  

India-Middle East-Europe Economic Corridor (IMEC) Project

Why in the News? An Indian inter-ministerial delegation visited the UAE to discuss the operational aspects of the India-Middle East-Europe Economic Corridor (IMEC), marking a significant step forward since the signing of the agreement. About IMEC Project IMEC is part of the broader Partnership for Global Infrastructure and Investment (PGII), which focuses on infrastructure development… Continue reading India-Middle East-Europe Economic Corridor (IMEC) Project

Renew the Generalized System of Preferences

Why in the News?  It is widely believed that renewing the Generalised System of Preferences (GSP) program would pave the way for comprehensive U.S.-India trade negotiations, potentially elevating the bilateral trade relationship to new heights. What is the ‘Generalised System of Preferences (GSP)’ Program about? The Generalised System of Preferences (GSP) is a trade initiative… Continue reading Renew the Generalized System of Preferences

Going glacier gone: How Venezuela lost its last glacier, why this matters?

Why in the News? Venezuela has likely become the first country to lose all its glaciers, with its last Humboldt glacier melting faster than anticipated. While scientists projected it to last another decade, its rapid melting exceeded expectations. Background: Venezuela was home to six glaciers about 5,000 meters above sea level in the Andes mountains.… Continue reading Going glacier gone: How Venezuela lost its last glacier, why this matters?

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