Renewed Risks on the Economic Outlook for 2023-24
Context: On October 6, the Reserve Bank of India (RBI) maintained its GDP growth projection for the year at 6.5%. This outlook was based on a balance of factors. While there were risks stemming from geopolitical tensions, economic fragmentation, volatile financial markets, and an uneven monsoon, these were offset by the strengthening domestic demand. Relevance: […]
About United Nations Forum on Forests (UNFF)
Context: The Ministry of Environment, Forest and Climate Change is organising a Country-Led Initiative (CLI) event as part of the United Nations Forum on Forests (UNFF) from 26-28 October, 2023 at the Forest Research Institute (FRI), Dehradun, Uttarakhand. Relevance: GS II: International Relations Dimensions of the Article: United Nations Forum on Forests (UNFF): Country-Led Initiative […]
UDAN Regional Connectivity Scheme
Context: The Regional Connectivity Scheme (RCS) – UDAN (Ude Desh Ka Aam Nagrik), a government-backed initiative to improve infrastructure and connectivity in India, especially in remote and underserved regions, completes six years. Relevance: GS II: Government policies and Interventions Dimensions of the Article: About Ude Desh Ka Aam Naagrik (UDAN): Nodal: Ministry of Civil Aviation (MoCA) […]
Siachen Glacier and Siachen Glacier Significance
BRO Achieves Breakthrough in Crucial Tunnel Work
Context: A highly skilled and motivated team of engineers from the Border Roads Organisation (BRO) has achieved a significant milestone in the ongoing Project Sampark on National Highway 144A (NH144A) from Akhnoor to Poonch. Relevance: GS3- Internal Security Dimensions of the article: More on the achievement About BRO: About Project Sampark: The Project Sampark, initiated […]
20 Vital Signs of Earth
Context: A global team of scientists has issued a warning in a study published in the journal BioScience, stating that twenty of the 35 critical indicators of the Earth’s health have deteriorated to an unprecedented extent, endangering life on our planet. Relevance: GS3- Environment Dimensions of the article: More on the study results Analysis of […]
About The Asian Development Bank
Context: The Asian Development Bank (ADB) is providing a $400 million loan to assist the government in implementing its urban reform program. This policy-based loan is intended to bolster the government’s efforts to incorporate reforms focused on enhancing infrastructure and promoting well-planned urban development within a regulated framework. Relevance: GS2- Dimensions of the article: About […]
Pulses to Buck Rise in Kharif Output
Context: Initial independent crop estimates suggest that the production of pulses, certain coarse cereals, and groundnuts is likely to reach a three-year low. However, there is optimism for the overall output to increase by 1.5% to 4% in this season, primarily driven by higher yields of rice and cereals. Despite this, retail inflation in pulses […]
About International Solar Alliance
Context: The International Solar Alliance (ISA) will soon publish its inaugural ‘global solar stocktake report.’ This initiative is inspired by the first-ever ‘Global Stocktake’ conducted by the United Nations Conference of Parties, scheduled to take place in Dubai later this year. Relevance: GS3- Environment Dimensions of the article: About the Report: […]
Centre Approves Subsidy on Key Fertilizers
Context: On Wednesday, the government unveiled a subsidy of ₹22,303 crore for phosphatic and potassic (P&K) fertilizers during the current rabi season. It was announced that farmers would continue to have access to the crucial soil nutrient DAP (di-ammonium phosphate) at the existing price of ₹1,350 per 50 kg bag. Relevance: GS3- Issues related to […]