Supreme Court of India on Taxation of Mineral Rights
Context: The Supreme Court of India has recently addressed a crucial issue regarding the taxation of mineral rights, overturning its 1989 verdict and reaffirming the power of states in this context. This decision, delivered by a nine-judge Bench, clarifies the extent of authority both Parliament and states hold over mineral royalties. This landmark ruling will […]
Economic Survey Highlights Flaws in Global Climate Action Regime
Context: The Economic Survey has pointed to flaws and inequities in the global climate action regime and suggested alternative pathways that incorporate lifestyle and behavioural changes. It also argued that adaptation should get at least as much importance as mitigation. Relevance: GS III: Environment and Ecology Dimensions of the Article: Difference Between Climate Change Mitigation […]
Financial Support for Amravati, Andhra Pradesh
Context: Recently, the Finance Minister announced Rs 15,000 crore in financial support for Andhra Pradesh to build its capital city, Amravati, and boost other development activities in the state. This has brought back focus on Amravati, a site of immense historical and spiritual significance in Andhra Pradesh that remains relatively unrecognized. The financial boost is […]
Budget 2024: A Blueprint for Long-Term Growth
Context: In a crucial move to bolster India’s economic strength, the Union Budget for the fiscal year 2024-25 has taken major steps to ensure the continuity of progressive reforms. There is excitement in the MSME, E-commerce, and start-up sectors, which have received additional support as the nation advances toward the goal of a Viksit Bharat. Relevance: Mains […]
India’s Illegal Coal Mining Problem
Context: On July 13, three workers lost their lives due to asphyxiation in an unauthorized coal mine located in Gujarat’s Surendranagar district. According to officials, these workers were operating in a mine near Bhet village in Thangadh taluka without helmets, masks, or any other safety gear. The first information report (FIR) mentioned that the responsible parties neglected to provide […]
About Bal Gangadhar Tilak Jayanti
Context: The Prime Minister has paid tribute to the great Lokmanya Tilak on his Jayanti. Relevance: GS I- Modern History About Bal Gangadhar Tilak: Ideology: Bal Gangadhar Tilak’s Political Life Newspapers: Weeklies Kesari (Marathi) and Mahratta (English) Books: Gita Rhasya and Arctic Home of the Vedas. Death: He died on 1st August 1920.
Key Highlights of Humayun’s Tomb Site Museum
Context: The Humayun’s Tomb World Heritage Site Museum is set to open for visitors. Nestled between Sunder Nursery and Humayun’s Tomb in Nizamuddin, Delhi, this museum promises to offer visitors a unique insight into the life and times of the second Mughal Emperor, Humayun. This initiative is expected to enhance the cultural and historical tourism […]
About The Climate Finance Taxonomy
Context: Presenting the Union Budget for 2024-25, Finance Minister announced that the government would develop ‘climate finance taxonomy’. Relevance: GS III: Environment and Ecology Climate Finance Taxonomy Definition and Purpose: Global Examples: Significance: Implications for India: -Source: Indian Express
About The Vishnupad Temple
Context: Recently, the Finance Minister announced during her Union Budget speech that corridor projects will be built for the Vishnupad Temple at Gaya and the Mahabodhi Temple at Bodh Gaya in Bihar. Relevance: GS I: History Dimensions of the Article: Vishnupad Temple Location and History: Architecture: Significance: Mahabodhi Temple Location and Historical Context: Architecture: Recognition: […]
About NPS Vatsalya Scheme
Context: The finance minister recently made the announcement of a new pension scheme under the National Pension Scheme (NPS), called NPS Vatsalya. Relevance: GS II: Government policies and Interventions Dimensions of the Article: NPS Vatsalya Scheme Overview: Key Features: National Pension Scheme (NPS) Overview: Investment and Returns: Account and Tax Benefits: -Source: Indian Express