Current Affairs for UPSC IAS Exam – 3 June 2021

Contents Union Cabinet approves Model Tenancy Act Split wage payments under MGNREGA scheme UNGA President election: India votes for Maldives US sets, then suspends tariffs over digital taxes Union Cabinet approves Model Tenancy Act Context: The Union Cabinet approved the Model Tenancy Act, a move that will help overhaul the legal framework with respect to […]

Editorials/Opinions Analyses for UPSC – 3 June 2021

Contents What explains the surge in FDI inflows? What explains the surge in FDI inflows? Context: Total foreign direct investment (FDI) inflow in 2020-21 is $81.7 billion, up 10% over the previous year 2020, reported a recent Ministry of Commerce and Industry press release. Relevance: GS-III: Indian Economy (Growth & Development of Indian Economy, Mobilization […]

What explains the surge in FDI inflows?

Context: Total foreign direct investment (FDI) inflow in 2020-21 is $81.7 billion, up 10% over the previous year 2020, reported a recent Ministry of Commerce and Industry press release. Relevance: GS-III: Indian Economy (Growth & Development of Indian Economy, Mobilization of Resources, Capital Market) Dimensions of the Article: About Foreign Direct Investment FDI Routes in […]

Union Cabinet approves Model Tenancy Act

Context: The Union Cabinet approved the Model Tenancy Act, a move that will help overhaul the legal framework with respect to rental housing across the country. Relevance: GS-III: Indian Economy (Growth and Development of Indian Economy) Dimensions of the Article: What is the Model Tenancy Act? About the latest approval by the Union Cabinet What […]

Split wage payments under MGNREGA scheme

Context: The Centre has asked the States to split wage payments under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme into separate categories for Scheduled Castes, Scheduled Tribes and others from this financial year 2021. Relevance: GS-II: Social Justice (Health and Poverty related issues, Government Interventions and Policies, Issues arising out of the […]

UNGA President election: India votes for Maldives

Context: India will vote in support of Maldives’ Foreign Minister at the election for the President of the General Assembly (PGA) in the United Nations next week, a decision which will disappoint another close neighbor. Relevance: GS-II: International Relations (Important International Institutions, India’s neighbors and foreign policies/developments affecting India’s interests) Dimensions of the Article: United […]

US sets, then suspends tariffs over digital taxes

Context: The United States government announced further suspension of punitive tariffs for six months on India, Austria, Italy, Spain, Turkey, and the United Kingdom while it continues to resolve the digital services taxes investigation amid the ongoing multilateral negotiations at the OECD and in the G20 process. Relevance: GS-III: Indian Economy (Growth and Development of […]

PIB 3rd June 2021

STATEHOOD OF TELANGANA Focus: GS II- Polity Why in News? The Prime Minister of India greeted the people of Telangana on Statehood Day (2nd June). Key Points On 2nd June, 2014 the north western part of Andhra Pradesh was separated and 29th state Telangana was created with Hyderabad as its capital. The Andhra State Act (1953) formed the first linguistic […]