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What is a Climate Finance Taxonomy, announced by FM Sitharaman?

Why in the News? The 2024 Union Budget, presented by Finance Minister, includes developing a taxonomy for climate finance. The aim is to enhance the availability of capital for climate adaptation and mitigation. What is a Climate Finance Taxonomy? A climate finance taxonomy is a classification system that identifies which economic activities can be marketed… Continue reading What is a Climate Finance Taxonomy, announced by FM Sitharaman?

How children win with U-WIN, govt’s new online vaccine portal?

Why in the News? The government plans to roll out U-WIN, an online vaccine management portal for childhood vaccination, across the country. Similar to CoWIN used during the Covid-19 pandemic, U-WIN aims to digitize and individualize immunization records from birth. What is U-WIN?  Children up to 6 years old and pregnant mothers are registered on… Continue reading How children win with U-WIN, govt’s new online vaccine portal?

What is Governor’s immunity under Article 361, set to be reviewed by Supreme Court?

Why in the News? The Supreme Court has agreed to hear a plea seeking to redefine the constitutional immunity of state Governors. Article 361 of the Constitution shields the President and Governors from criminal prosecution and judicial scrutiny. The Supreme Court will interpret whether the immunity includes the registration of an FIR, initiation of a… Continue reading What is Governor’s immunity under Article 361, set to be reviewed by Supreme Court?

National Flag Day, 2024

Why in the News? On 22nd July in 1947, the Constituent Assembly of India adopted the National Flag. About the National Flag Day The Constituent Assembly met in New Delhi at 10 o’clock, chaired by Dr. Rajendra Prasad. The Assembly had been meeting since December 9, 1946, discussing various subjects. The Chair announced the first… Continue reading National Flag Day, 2024

What is the Dyson Sphere?

Why in the News? Recently, astronomers have made progress in finding possible candidates as Dyson Sphere, sparking new excitement and debate about extraterrestrial life. What is a Dyson Sphere?  Imagine you are an astronomer looking for extraterrestrial life and you find a star covered by solar panels. This structure, collecting massive amounts of solar energy,… Continue reading What is the Dyson Sphere?

New Asset Class proposed by SEBI

Why in the News? The markets regulator, SEBI, has proposed a new asset class designed to offer investment products positioned between mutual funds (MFs) and portfolio management services (PMS). This new category aims to fill an opportunity gap for investors and offer greater flexibility in portfolio construction. Note: PMS provides customized investment solutions to high… Continue reading New Asset Class proposed by SEBI

CPCB plans to check violations in Plastic Waste Trading Regime 

Why in the News? The Central Pollution Control Board (CPCB) has started a national audit of about 800 plastic-waste recyclers across India. This action follows the discovery that four firms in Karnataka, Maharashtra, and Gujarat issued nearly 600,000 fake certificates under the Extended Producer Responsibility (EPR) programme. About Central Pollution Control Board (CPCB): Overview The… Continue reading CPCB plans to check violations in Plastic Waste Trading Regime 

What is the International Centre for Audit of Local Governance?  

Why in the news?  On July 18, CAG Girish Chandra Murmu inaugurated the International Centre for Audit of Local Governance (iCAL) in Rajkot, marking India’s first institute to set global standards for auditing local governance. How will iCAL work? iCAL will serve as a platform for policymakers, administrators, and auditors connected with local governments to… Continue reading What is the International Centre for Audit of Local Governance?  

The Green Revolution in Maize

Why in the news?  Over the past two decades, India’s maize production has more than tripled, emerging as a private sector-driven green revolution success story. Maize has transitioned from being primarily a feed crop to also serving as a fuel crop. What was the Green Revolution? Began in 1968 with the introduction of high-yielding variety… Continue reading The Green Revolution in Maize

Bombay HC quashes Exemption from RTE Quota for Private Schools  

Why in the News? The Bombay High Court has cancelled the Maharashtra government’s new rule that allowed private schools within 1 kilometer of government or government-aided schools to avoid reserving 25% of their seats for students from weaker sections and disadvantaged groups. Right to Education (RTE) Act: Overview The Right to Education (RTE) Act, 2009… Continue reading Bombay HC quashes Exemption from RTE Quota for Private Schools  

Bhil Tribe have again demanded a separate ‘Bhil Pradesh’

Why in the News? A large number of people from the Bhil tribe recently gathered at a rally in Rajasthan’s Mangarh Dham to raise the demand for an independent ‘Bhil state’. Background of the Bhil Pradesh Demand The idea of a tribal state, comprising parts of Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra, has been discussed… Continue reading Bhil Tribe have again demanded a separate ‘Bhil Pradesh’

What is OpenAI’s secret Project ‘Strawberry’?

Why in the News? US-based OpenAI emerged as a major player with its AI chatbot ChatGPT, capable of answering questions and processing images. OpenAI is now reportedly developing a new AI model with improved reasoning capabilities, potentially changing the AI landscape. What is Project Strawberry? Nearly six months ago, OpenAI’s secretive Project Q* (Q-Star) gained… Continue reading What is OpenAI’s secret Project ‘Strawberry’?

Places in News: Niger, Ivory Coast and Pacific Island States

Why in the News? Details Niger Turkish delegation visited to strengthen military cooperation with the junta, shifting alliances to Turkey and Russia. Geography: Landlocked in West Africa, bordered by Algeria, Libya, Chad, Nigeria, Benin, Burkina Faso, and Mali. Population ~26.3 million; capital Niamey. Key Points: Gained independence from France in 1960. Political instability with coups… Continue reading Places in News: Niger, Ivory Coast and Pacific Island States

The State of India’s Informal Economy    

Why in the news?  The NSSO’s 2021-22 and 2022-23 survey outcomes reveal effects of significant economic shocks due to demonetisation, GST implementation, and the COVID-19 pandemic on India’s economy. About NSSO:  The NSSO is India’s premier agency for conducting large-scale nationwide sample surveys on socio-economic aspects that collects data on employment, consumption, health, education, and… Continue reading The State of India’s Informal Economy    

Choosing the right track to cut post-harvest losses

Why in the News?  India holds the position of the second-largest agricultural producer globally however, it only accounts for 2.4% of global agricultural exports, ranking eighth worldwide due to the post-harvest loss. A closer look at India’s post-harvest loss: Economic Impact: India faces annual post-harvest losses amounting to approximately ₹1,52,790 crore, significantly impacting farmer incomes… Continue reading Choosing the right track to cut post-harvest losses

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