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[pib] DigiReady Certification for MSMEs and Small Retailers 

Introduction The Quality Council of India (QCI) and Open Network for Digital Commerce (ONDC) announced the launch of the DigiReady Certification (DRC) portal. What is DigiReady Certification? Objective: QCI, in collaboration with ONDC, aims to assess and certify the digital readiness of Micro, Small, and Medium Enterprises (MSMEs). Self-Assessment Tool: MSMEs can utilize this online… Continue reading [pib] DigiReady Certification for MSMEs and Small Retailers 

PM Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) launched

Introduction The Union Cabinet has approved the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a sub scheme under the Pradhan Mantri Matsya Sampada Yojana, for the micro and small enterprises operating in the fisheries sector. About Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana Details Total Investment Rs. 6,000 crores Duration 4 years (FY 2023-24 to FY… Continue reading PM Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) launched

Supreme Court’s Deliberation on Sub-Classification of Scheduled Castes

Introduction The Supreme Court’s recent deliberation on the sub-classification of Scheduled Castes (SC) within India’s reservation system raises questions about the balance of power between states and the Parliament. This highlights the socio-economic implications of such sub-classification. Who are the Scheduled Castes?   Scheduled Castes (SC) represent an administrative classification that encompasses various castes, including… Continue reading Supreme Court’s Deliberation on Sub-Classification of Scheduled Castes

In news: Appointment of Election Commissioner

Introduction The impending retirement of Election Commissioner Anup Chandra Pandey on February 14 signals a significant shift in India’s electoral procedures. For the first time, his successor will be selected through a consultative process, departing from past practices of government discretion as per the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service… Continue reading In news: Appointment of Election Commissioner

India-China Bilateral Trade Hit a new record in 2023: Chinese Envoy

Introduction Bilateral trade between India and China soared to a record $136.2 billion in 2023, marking a 1.5% year-on-year increase. Why discuss this? Trade Deficit Concerns: India has been grappling with a significant trade deficit in favor of China, exceeding $100 billion in 2022. Efforts to address this deficit remain a priority for India. Diplomatic… Continue reading India-China Bilateral Trade Hit a new record in 2023: Chinese Envoy

Enhancing Accessibility in Indian Cinema: Draft Guidelines and Implementation

Introduction Enhancing accessibility in cinema halls for individuals with hearing and visual impairments is a crucial step towards promoting inclusivity and ensuring equal participation in cultural activities. The Ministry of Information & Broadcasting’s draft guidelines aim to address this imperative by mandating accessibility features in film screenings. Accessibility Guidelines: Rationale Behind Legal Mandate: The guidelines… Continue reading Enhancing Accessibility in Indian Cinema: Draft Guidelines and Implementation

India to be biggest driver of global oil demand beyond China by 2027: IEA

Introduction India’s burgeoning economy is poised to become a significant player in global oil demand, with projections indicating that it will outpace China by 2027. The International Energy Agency (IEA) forecasts robust growth in India’s oil demand, driven primarily by industrial expansion and increasing mobility. About International Energy Agency (IEA) Details Nature Autonomous inter-governmental organisation… Continue reading India to be biggest driver of global oil demand beyond China by 2027: IEA

Uttarakhand UCC dares Right to Form ‘Intimate Associations’

Introduction The recent enactment of the Uniform Civil Code (UCC) in Uttarakhand, specifically addressing live-in relationships, has sparked debates concerning individual freedom and state intervention. What are Intimate Associations? It is an association that promotes a way of life, not causes; a harmony in living, not political faiths; a bilateral loyalty, not commercial or social… Continue reading Uttarakhand UCC dares Right to Form ‘Intimate Associations’

Cameroon adopts Nagoya Protocol

Introduction Cameroon’s recent adoption of the Nagoya Protocol marks a significant step towards harnessing its rich biodiversity for sustainable development. Cameroon’s Biodiversity Wealth Biodiversity Hotspot: Cameroon hosts approximately 11,000 species, offering immense genetic resources for research and development. Traditional Knowledge: Indigenous communities possess invaluable traditional knowledge associated with biodiversity, contributing to bioprospecting (search for useful… Continue reading Cameroon adopts Nagoya Protocol

Satellite-Based Toll Collection likely before General Elections

Introduction Satellite-based toll collection is slated for deployment before the onset of the 2024 general election Model Code of Conduct informed Union Transport Minister Nitin Gadkari. This technology will supersede FASTags, offering improved efficiency and convenience for drivers. How Satellite -Based Toll Collection Works? GPS-Equipped Vehicles: Every vehicle will require a GPS device for toll… Continue reading Satellite-Based Toll Collection likely before General Elections

390 YO Lamp Post in Nalgonda dedicated to Kasi Viswanatha

Introduction The recent discovery of a Deepastambham (lamp post) and other archaeological findings along the River Krishna in Nalgonda district, Telangana, sheds new light on early medieval trade ties in the region. Lamp Post and its Structure Unique Findings: Archaeologists unearthed a 20-foot tall lamp post with inscription and a small flat-roofed structure near the… Continue reading 390 YO Lamp Post in Nalgonda dedicated to Kasi Viswanatha

India to stay alert for ‘Hot Money’ inflows

Introduction India’s recent inclusion into JPMorgan’s emerging market debt index marks a significant milestone for its financial markets. However, with this inclusion comes the risk of volatile capital flows, particularly ‘hot money,’ which can exert pressure on currency and bond markets. What is ‘Hot Money’? Definition: ‘Hot money’ refers to funds controlled by investors seeking… Continue reading India to stay alert for ‘Hot Money’ inflows

Kerala is one of most financially unhealthy States: Centre

Introduction The ongoing dispute between the Centre and the Kerala government regarding fiscal management has sparked debates on financial health, resource allocation, and federal governance. Financial Mismanagement in Kerala Poor Fiscal Health: The Centre contends that Kerala’s fiscal condition is precarious, attributing it to inadequate management of public finances. Financial Assistance: Despite substantial financial support… Continue reading Kerala is one of most financially unhealthy States: Centre

Tax-to-GDP ratio to hit all-time high of 11.7% of GDP in FY25

Introduction India’s tax landscape is anticipated to witness significant growth in the coming fiscal year, with the tax-to-GDP ratio expected to reach a historic high of 11.7%. Revenue Secretary Sanjay Malhotra highlights the role of direct taxes in driving this uptick and emphasizes the government’s commitment to streamlining the tax regime for enhanced efficiency and… Continue reading Tax-to-GDP ratio to hit all-time high of 11.7% of GDP in FY25

Election Symbols Issue in Maharashtra

Introduction A faction within a political party led by the Maharashtra Deputy CM has been officially recognized as the legitimate group by the Election Commission of India retaining its election symbol. Also read: How are Symbols allotted to Political Parties in India? Election Symbol and its Significance Electoral Impact: Election symbols play a crucial role… Continue reading Election Symbols Issue in Maharashtra

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