Inland Vessels Bill, 2021

Context: The Inland Vessels Bill, 2021, was passed in the din without debate in the Lok Sabha. Relevance: GS-II: Governance (Government Policies and Initiatives), GS-III: Industry and Infrastructure Dimensions of the Article: Inland Canals and Waterways in India Inland Waterways Authority of India (IWAI) Legislations regarding Inland Waterways in India Inland Vessels Bill, 2021 Inland […]

Insolvency and Bankruptcy Code (Amendment Bill), 2021

Context: The Insolvency and Bankruptcy Code (Amendment Bill), 2021 was passed in the Lok Sabha (without any discussions due to disruptions). Relevance: GS-III: Indian Economy (Banking Sector & NBFCs, Growth & Development of Indian Economy), GS-II: Governance (Government Policies and Initiatives) Dimensions of the Article: Insolvency and Bankruptcy Code (IBC), 2016 Insolvency and Bankruptcy Code […]

AERA Amendment Bill, 2021

Context: The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021 (without any discussions due to disruptions). Relevance: GS-III: Industry and Infrastructure, GS-III: Indian Economy (Growth & Development of Indian Economy, Government Policies & Interventions) Dimensions of the Article: Airports Economic Regulatory Authority of India (AERA) AERA Amendment Bill, 2021 […]

PIB – 30 July 2021

NATIONAL EDUCATION POLICY 2020 Focus: GS II- Education Why in News? PM’s address to mark the first anniversary of National Education Policy 2020. History of National Education Policy I. Inspiration from Woods Dispatch 1854 Wood’s Dispatch is considered as ‘Magna-Carta’ of English Education. This proposal was based on Downward Infiltration theory. Vernacular languages were to […]

Editorials/Opinions Analyses for UPSC – 29 July 2021

Content: Editorial: Oxygen for fiscal federalism Oxygen for fiscal federalism: On GST Compensation Context: At the time of introducing the new indirect tax regime, the Goods and Services Tax (GST) law assured States a 14% increase in their annual revenue for five years (up to July 1, 2020). But the Union government has deviated from […]

Oxygen for fiscal federalism: On GST Compensation

Context: At the time of introducing the new indirect tax regime, the Goods and Services Tax (GST) law assured States a 14% increase in their annual revenue for five years (up to July 1, 2020). But the Union government has deviated from the statutory promise and has been insisting that States avail themselves of loans. […]

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

Contents Russia to boost Tajik Army with weapons PM to roll out academic credit bank No Parliamentary Immunity for Vandalism: SC ‘Earth Overshoot Day’ 2021 Russia to boost Tajik Army with weapons Context: Russia will bolster Central Asian ally Tajikistan’s military with weapons, equipment and training amid a “deteriorating” situation in neighbouring Afghanistan. Relevance: Prelims, […]

‘Earth Overshoot Day’ 2021

Context: Humanity has again used up all biological resources that our planet regenerates during the entire year by July 29, 2021, according to the World Wide Fund for Nature (WWF). Relevance: GS-III: Environment and Ecology (Environmental Pollution and Degradation, Conservation of the Environment) Dimensions of the Article: What is Earth overshoot day? Earth Overshoot Day […]

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