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Central Vigilance Commission

Context: Recently, the Government appointed Suresh N Patel as the new chief of the Central Vigilance Commission. Relevance: GS II: Polity and Governance Dimensions of the Article: About Central Vigilance Commission Functions of CVC Removal of members (according to CVC Act) Criticism – Limited Powers of CVC About Central Vigilance Commission Central Vigilance Commission (CVC) […]

RBI Hiked Rates By 50 bps

Context: With inflation remaining at ‘elevated levels’, the Monetary Policy Committee (MPC) of the Reserve Bank of India unanimously decided to raise the policy repo rate by 50 basis points (bps) to 5.4%. Relevance: GS III: Indian Economy Dimensions of the Article: What is the repo rate? Why is the repo rate such a crucial […]

Live-Fire Exercises

Context: In a massive show of strength, China began its live-fire exercise near Taiwan, launching at least 11 ballistic missiles into the country’s coast, a day after US House speaker Nancy Pelosi visited Taiwan. Relevance: GS III: Science and Technology Dimensions of the Article: What are live-fire exercises? Have they been done in the region […]

Personal Data Protection Bill

Context The government has withdrawn the Personal Data Protection Bill from Parliament as it considers a “comprehensive legal framework” to regulate the online space, including bringing separate laws on data privacy, the overall Internet ecosystem, cybersecurity, telecom regulations, and harnessing non-personal data to boost innovation in the country. Relevance GS III: Cyber Security, IT & […]

About Udyam Portal

Focus: GS II- Government Policies and Interventions Why in News? Around one crore Micro, Small and Medium Enterprises (MSMEs) have registered on the Udyam portal within a span of 25 months, according to the Union Minister of Micro, Small, and Medium Enterprises. About Udyam Portal: It was introduced on July 1st, 2020. The Union MSME ministry introduced an […]

Startup India Seed Fund Scheme

Focus: GS III- Growth and Development Why in News? As on 30th July 2022, of the corpus of Rs. 945 crore, Rs. 375.25 crore have been approved to 102 incubators under the Startup India Seed Fund Scheme (SISFS). About Seed Fund Scheme: The scheme aims to provide financial assistance to startups for proof of concept, prototype […]

JULY 2022 CURRENT AFFAIRS | MONTHLY COMPILATION | LEGACY IAS ACADEMY

July 2022 Current Affairs Monthly Compilation

Legacy IAS July 2022 Current Affairs Monthly Compilation includes Editorial Analysis and PIB Summaries which are essential for UPSC Civil Services Exam (IAS Exam) at both the Prelims and Mains levels and the content is segregated in accordance with the subjects in the UPSC Syllabus. Click Here for the July 2022 Monthly Current Affairs Compilation. […]

Current Affairs 06 August 2022

Current Affairs

CONTENTS RBI hiked rates by 50 bps Live-fire exercises Personal Data Protection Bill Central Vigilance Commission RBI Hiked Rates By 50 bps Context: With inflation remaining at ‘elevated levels’, the Monetary Policy Committee (MPC) of the Reserve Bank of India unanimously decided to raise the policy repo rate by 50 basis points (bps) to 5.4%. […]

PIB Summaries 06 August 2022

PIB Analysis

CONTENTS Startup India Seed Fund Scheme Udyam Portal Startup India Seed Fund Scheme Focus: GS III- Growth and Development Why in News? As on 30th July 2022, of the corpus of Rs. 945 crore, Rs. 375.25 crore have been approved to 102 incubators under the Startup India Seed Fund Scheme (SISFS). About Seed Fund Scheme: […]