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Issues with our national surveys

Central Idea In India, the accuracy and reliability of data related to poverty, growth, employment, and unemployment are crucial for effective policy formulation. To ensure the well-being of its vast population, it is essential that surveys generating these estimates are conducted regularly, adhering to predetermined schedules, and maintain the highest standards of quality. *Relevance of… Continue reading Issues with our national surveys

Internationalising the rupee without the ‘coin tossing’

Central Idea The recent announcement by the Indian government regarding a long-term road map for the internationalization of the rupee holds immense potential for the country’s economic growth. This move aims to revive the rupee’s historical prominence as a widely accepted currency in the Gulf region and strengthen its position in the global foreign exchange… Continue reading Internationalising the rupee without the ‘coin tossing’

Bio-Banks

Central Idea The biotechnology economy, commonly known as the bioeconomy, has experienced significant growth in recent years, driven by advancements in genetic research, healthcare applications, and innovations in food security and bioproduction. However, the responsible collection, storage, and sharing of biological data, particularly in the form of biobanks, necessitate robust governance to ensure equitable access… Continue reading Bio-Banks

Data Protection Bill approved by Cabinet: Content, concerns

Central Idea Nearly six years after the Supreme Court recognized privacy as a fundamental right, the Indian government has taken a significant step towards safeguarding personal data with the Digital Personal Data Protection Bill, 2022. This legislation, expected to be tabled in the upcoming Monsoon Session of Parliament, aims to address concerns regarding data protection,… Continue reading Data Protection Bill approved by Cabinet: Content, concerns

Kanwar Yatra: What is it?

Central Idea: The Kanwar Yatra, a significant annual pilgrimage, commenced on July 4 and will continue until July 15. What is Kanwar Yatra? This pilgrimage sees millions of devotees, known as Kanwariyas or Kriyas, undertaking a journey to collect water from the Ganga River and offer it to Lord Shiva. The Kanwar Yatra symbolizes the… Continue reading Kanwar Yatra: What is it?

What is Ambergris?

Central Idea The discovery of a sperm whale carcass on the shore of the Canary Island of La Palma has led to an extraordinary find. During the post-mortem examination, a pathologist found ambergris, a highly valuable substance often referred to as “floating gold,” stuck in the whale’s colon. The estimated worth of the retrieved lump… Continue reading What is Ambergris?

A macro view of the fiscal health of States

Central Idea In India, the States play a crucial role in revenue mobilization, government expenditure, and borrowing. Understanding their fiscal situation is essential for drawing evidence-based conclusions about the country’s overall fiscal health. Relevance of the topic Despite the decrease in fiscal deficits, it remains important to address the challenges associated with fiscal imbalances, including… Continue reading A macro view of the fiscal health of States

GIFT NIFTY: Connecting India and Singapore’s Capital Markets

Central Idea GIFT NIFTY (formerly known as SGX NIFTY) commenced trading from GIFT City in Gujarat, marking the first cross-border initiative between India and Singapore’s capital markets. The trading session witnessed over 30,000 trades, signifying the growing significance of this collaboration. What is GIFT NIFTY? The migration to GIFT NIFTY was initiated by PM Modi… Continue reading GIFT NIFTY: Connecting India and Singapore’s Capital Markets

Who was Alluri Sitarama Raju?

Central Idea The President of India, Draupadi Murmu, honoured the freedom fighter Alluri Sitarama Raju during the closing ceremony of his 125th birth anniversary celebrations in Hyderabad. The President highlighted the significance of Alluri Seetharama Raju’s struggle against injustice and exploitation in India’s freedom struggle. About Alluri Sitarama Raju Raju was believed to be born… Continue reading Who was Alluri Sitarama Raju?

Deep sea mining

Central Idea The International Seabed Authority (ISA), the United Nations body responsible for regulating the ocean floor, is poised to resume negotiations on deep sea mining. The potential opening of the international seabed for mining raises concerns about its impact on fragile marine ecosystems and deep-sea habitats What is Deep Sea Mining? Deep sea mining… Continue reading Deep sea mining

Greedflation and its Counter Arguments

Central Idea: Greedflation The concept of “Greedflation” has emerged, suggesting that corporate greed for higher profits is a significant cause of the high inflation experienced in the United States since the pandemic. Proponents of this theory argue that increased corporate profit margins have contributed to rising prices. However, many economists question the validity of this… Continue reading Greedflation and its Counter Arguments

Scheme to support Minor Rape Victims

Central Idea The Centre has introduced a special scheme to provide medical, financial, and infrastructural support to minor rape victims who become pregnant as a result of sexual assault. Supporting Minor Rape Victims The scheme, operating under the Nirbhaya Fund, aims to address the needs of minor victims and has been allocated ₹74.1 crore in… Continue reading Scheme to support Minor Rape Victims

Scientists detect Universe’s ‘Noisy’ Gravitational Wave

Central Idea Scientists have recently presented compelling evidence suggesting the existence of low-frequency gravitational waves throughout the universe. These waves, ripples in the fabric of space-time, are created by the movement, collision, and merging of massive objects. What are Gravitational Waves? Einstein’s Theory of General Relativity: In 1915, Einstein proposed a revolutionary theory of gravity,… Continue reading Scientists detect Universe’s ‘Noisy’ Gravitational Wave

Israel targets West Bank

Central Idea Israel conducted a military operation in the occupied West Bank, resembling past large-scale operations. This strike has resulted in casualties among Palestinians. West Bank and Its Significance The West Bank: A landlocked territory in Western Asia, forming the main part of the Palestinian territories. Geographical Borders: Bordered by Jordan, the Dead Sea, Israel… Continue reading Israel targets West Bank

A case of unchecked power to restrict e-free speech

Central idea The recent judgment by the Karnataka High Court dismissing Twitter’s challenge to blocking orders issued by the Ministry of Electronics and Information Technology (MeitY) raises serious concerns about the erosion of free speech and unchecked state power. By imposing an exorbitant cost on Twitter and disregarding established procedural safeguards, the judgment sets a… Continue reading A case of unchecked power to restrict e-free speech

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