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Lab-Grown Diamonds – Advantages, Growing Demand, & Govt Support

Introduction To Laboratory-Grown Diamonds: Advantages of laboratory-grown diamonds: Growing demand for laboratory-grown diamonds: Budget 2023 and the promotion of laboratory-grown diamonds in India: Conclusion: MCQ’s on The Above Topic 1) What are the two main methods used to produce laboratory-grown diamonds according to the article? A. High Pressure Low Temperature and Chemical Vapor Deposition B. […]

New Policy of UPI for NRIs

Context: Recently, the National Payments Corporation of India (NPCI) paved the way for international (phone) numbers to be able to transact using UPI. Relevance: GS III: Indian Economy Dimensions of the Article: UPI Transactions for Non-Resident Accounts Definition of NRE and NRO Accounts: Benefits: Technological Changes: Discussion on Merchant Discount Rate (MDR) Concerns: What is […]

What is a unity mall?

Context: Finance Minister announced in the Budget that states would be encouraged to set up a “Unity Mall” in their capitals, their most prominent tourism centres, or their financial capitals. Relevnace: GS III: Indian Economy Dimensions of the Article: What is a unity mall? Ekta Mall: What is ODOP? What is GI? -Source: Indian express

Pradhan Mantri Awas Yojana

Context: Giving a huge boost to affordable housing, the Union Budget presented increased the allocation for the Prime Minister Awas Yojana (PMAY) by 66%. Relevance: GS-II: Social Justice (Welfare Schemes, Government Policies and Interventions) Dimensions of the Article: Pradhan Mantri Awas Yojana (PMAY- U: Housing for All – Urban) Coverage area The Mission covers the […]

Budget 2023 Conservation Initiatives

Context: Finance Minister budget speech introduced schemes and policies aimed at ecological conservation. Targeting an array of different issues, these schemes come with the promise of preserving India’s ecological health. Relevance: GS III: Environment and Ecology Dimensions of the Article: MISHTI (Mangrove Initiative for Shoreline Habitats & Tangible Incomes) Importance of Mangroves PM PRANAM (Prime […]

Lab-Grown Diamonds

Context: Finance Minister  highlighted the government’s emphasis on lab-grown diamonds during her Budget speech. She announced a reduction in customs duty on seeds used in the production of lab-grown diamonds and the provision of a grant to Indian Institutes of Technology to promote the development of lab-grown diamonds in India. Relevance: GS III: Science and […]

New Tax Regime

Context: Finance Minister made five major announcements on personal income tax to benefit the “hard-working” middle class. She also said that while the new tax regime would be the default, tax payers could opt for the old one. Relevance: GS III: Indian Economy Dimensions of the Article: Details: New income tax slabs The new income […]

What Is Judicial Majoritarianism?

Context: As the recent majority judgment of the Supreme Court on demonetisation comes under criticism, the minority judgment by J. Nagarathna is being hailed for its challenge to the RBI’s institutional acquiescence to the Central government. This questions our blind acceptance of numerical majorities in judicial decision-making. Relevance: GS II: Polity and Governance Dimensions of […]

Green Growth Push

Focus: GS III: Environment and Ecology Why in News? The finance minister listed ‘Green Growth’ as one of the seven priorities of her Budget. She said that these seven principles complement each other and act as the ‘Saptarishi’ guiding India through the Amrit Kaal. Component elements of the Budget’s Green Growth push Green Hydrogen Mission:  The […]