Clean Energy Must Be Battery of Circular Economy
Context Budget speech has laid emphasis on the clean technologies like the solar and wind energy. It has also called for the transformation of the present linear economy into a circular economy. Relevance GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. GS-III: Infrastructure: Energy, Ports, Roads, Airports, Railways etc. […]
Foreign Contribution (Regulation) Act
Context: The Union Home Ministry has placed a US based NGO on its watchlist following an investigation that foreign contributions it sent were being used for climate awareness campaigns, an activity not permissible under the FCRA [Foreign Contribution (Regulation) Act]. Relevance: GS-II: Polity and Governance (Government Policies & Interventions, Non-Governmental Organisations -NGOs), GS-III: Indian Economy […]
India’s Solar Capacity: Milestones and Challenges
Context: India has surpassed 50 GW of cumulative installed solar capacity. This ranks the country fifth in solar power deployment. This is a milestone in India’s journey towards generating 500 GW from renewable energy by 2030, of which 300 GW is expected to come from solar power. Relevance: GS III- Indian Economy (Energy) Dimensions of […]
Most Favoured Nation
Context: The United States, the European Union, Britain, Canada and Japan were due to move jointly to revoke Russia’s “most favoured nation” (MFN) status over its invasion of Ukraine. Relevance: GS III- Indian Economy Dimensions of the Article: What is ‘most favoured nation’ status? What does losing MFN status mean? What is ‘most favoured nation’ status? […]
Vibrant Village Programme
Context: The Union government plans to open the villages along the Chinese border for tourists under the Vibrant Village programme announced in the Union Budget 2022-23. Relevance: GS III- Indian Economy (Infrastructure) Dimensions of the Article: About Vibrant Village Programme Need of such scheme About Vibrant Village Programme The program’s goal is to enhance infrastructure […]
Current Account Deficit
Context: Recently, an American financial services company Morgan Stanley has predicted that the Current Account Deficit will widen to a 10-year high of 3% of GDP in FY23. Relevance: GS III- Indian Economy (Growth and Development) Dimensions of the Article: Details: What is the Current Account Deficit? What is Balance of Payments? Details: As a result of […]
UPI123Pay: Payment Solution For Feature Phone Users
Context: Recently, the Reserve Bank of India launched a new Unified Payments Interface (UPI) payments solution for feature phone users dubbed ‘UPI123Pay’. Relevance: GS III- Indian Economy (Money and Banking) Dimensions of the Article: What is Unified Payments Interface (UPI)? How does the new solution work? How will users make payments without internet? Do other […]
National Land Monetisation Corporation (NLMC)
Context: The Union Cabinet has approved the setting up of a new government-owned firm National Land Monetisation Corporation (NLMC) for pooling and monetizing sovereign and public sector land assets. Relevance: GS II- Indian Economy Dimensions of the Article: What is NLMC? How will it function? Significance What is NLMC? The National Land Monetisation Corporation (NLMC) […]
Monetary Policy Committee
Context: A dissident member of the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has said that the central bank’s accommodative policy stance “carries with it the risk of falling behind the curve in future because the stance limits the MPC’s freedom of action in ensuing meetings”. The MPC fixes the benchmark interest rate — or the base […]
What is Kavach?
Context: According the Budget proposal, Kavach, this indigenously developed Automatic Train Protection System showcased on South Central Railway , is earmarked for aggressive rollout on 2,000 km in 2022-23 Relevance: GS III- Indian Economy (Infrastructure) Dimensions of this article: What is Kavach? What is the upgrade? How far is the rollout? What is Kavach? It […]