Editorials/Opinions Analyses for UPSC – 29 April 2021

Contents A patently wrong regime: COVID Vaccine A patently wrong regime: COVID Vaccine Context: In 2020, India and South Africa submitted a joint petition to the World Trade Organization (WTO), requesting a temporary suspension of rules under the 1995 Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The request for waiver has, since, found […]

A patently wrong regime: COVID Vaccine

Context: In 2020, India and South Africa submitted a joint petition to the World Trade Organization (WTO), requesting a temporary suspension of rules under the 1995 Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The request for waiver has, since, found support from more than 100 nations. But a small group of states — […]

India, Australia and Japan push supply chain resilience

Context: The Supply Chain Resilience Initiative (SCRI) was formally launched by the Trade Ministers of India, Japan and Australia – who are three members of the Quad grouping except the U.S. Relevance: GS-II: International Relations (Foreign Policies and Agreements affecting India’s Interests), GS-III: Indian Economy Dimensions of the Article: What is Supply Chain Resilience? India, […]

RBI report on Growth of ARCs

Context: According to a Reserve Bank of India (RBI) report on Asset Reconstruction Companies (ARCs), the growth of the ARC industry has not been consistent over time and not always been synchronous with the trends in non-performing assets (NPAs) of banks and non-banking financial companies (NBFCs). Relevance: GS-III: Indian Economy (Growth and Development of Indian […]

Assam earthquake

Context: Several houses and buildings were damaged after an earthquake of magnitude 6.4 on the Richter scale hit Assam. Six aftershocks, of magnitude ranging from 3.2 to 4.7, occurred in the two-and-a-half hours following the main tremor. Relevance: GS-III: Disaster Management (Earthquakes) GS-I: Geography (Important Geophysical Phenomena) Dimensions of the Article: About the Fault line […]

Russia and the Czech Republic tensions

Context: In mirror moves, Russia and the Czech Republic have expelled diplomats from the other country over a story about a Russian plan to ‘poison’ Czech politicians in 2020. Prague (capital of Czech Republic) accused Russian embassy officials of being intelligence operatives, and said that it suspected them of being involved in a 2014 explosion […]

Current Affairs for UPSC IAS Exam – 29 April 2021 | Legacy IAS Academy

Contents Russia and the Czech Republic tensions Assam earthquake RBI report on Growth of ARCs India, Australia and Japan push supply chain resilience Russia and the Czech Republic tensions Context: In mirror moves, Russia and the Czech Republic have expelled diplomats from the other country over a story about a Russian plan to ‘poison’ Czech […]

PIB 29th April 2021

  PM CARES – FUND  Focus: Welfare schemes for vulnerable sections Why in news? Prime Minister has sanctioned the procurement of 1 Lakh Portable Oxygen Concentrators from the PM Cares Fund. About PM CARES – FUND The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 28 March […]