Daily Articles & Editorials

Union Cabinet approves IndiaAI Mission with 10,372 crore outlay: How it could help private players.

Syllabus: GS-III, Subject: Science and technology, Topic: Emerging technology, Issue: IndiaAI Mission Context: Recently the Union Cabinet approved the IndiaAI Mission Objective: Establish over 10,000 graphics processing units (GPUs) and develop models with 100 billion parameters, focusing on priority sectors. Implemented through Public Private Partnership with 50% viability gap funding, prioritizing advanced GPUs. Creation of […]

Union Cabinet approves IndiaAI Mission with 10,372 crore outlay: How it could help private players. Read More »

India’s suboptimal use of its labour power

Syllabus: GS- III, Subject: Economy, Topic: Unemployment and issues, Issue: Periodic Labour Force Survey (PLFS) Periodic Labour Force Survey (PLFS): a survey conducted by the Ministry of Statistics and Programme Implementation (MoSPI) to collect data on employment and unemployment. Key trends in PLFS and Important Data Points: Increase in Labour Force Participation Rate– from around

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Every village to have agricultural credit societies by 2027, says Amit Shah.

Syllabus: GS-III, Subject: Economy,  Topic: Banking and Financial Intermediaries, Issue: Primary Agricultural Credit Societies Context: Centre has decided to ensure formation of Primary Agricultural Credit Societies (PACS) in every village by 2027. The National Cooperative Database is launched and ‘National Cooperative Database 2023: A Report’ released. Primary Agricultural Credit Societies(PACS): PACS are the foundation of

Every village to have agricultural credit societies by 2027, says Amit Shah. Read More »

MSP on select crops to cut water-intensive cultivation.

Syllabus: GS-III Subject: Economy  Topic:  Agriculture and allied, Issue: MSP Context: Proposal of guaranteed procurement of unlimited amounts of three pulse crops – masur, tur (pigeon pea) and urad, maize, and cotton at MSP for five years. Take Away Notes: Part of a crop diversification plan. Aim: To encourage farmers to move away from harmful

MSP on select crops to cut water-intensive cultivation. Read More »

EoUs, SEZs to get RoDTEP sops until September 30.

Syllabus: GS-III, Subject: Economy, Topic: Trade and External sector, Issue: RoDTEP Context: Shipments from Special Economic Zones (SEZs) and Export Oriented Units (EOUs) will be eligible for tax refunds under the RoDTEP. Scheme. Exports from SEZs and EOUs account for about a fourth of India’s exports. Exporting firms who use the Advance Authorisation (AA) scheme

EoUs, SEZs to get RoDTEP sops until September 30. Read More »

India, four-nation EFTA bloc likely to ink FTA on March 10.

Syllabus: GS-III, Subject: Economy,  Topic: Trade and External sector, Issue: India-EFTA Trade Agreement Context: India and the European Free Trade Association (EFTA) likely to sign a long-negotiated free trade agreement. To be called as Trade and Economic Partnership Agreement (TEPA). European Free Trade Association (EFTA) A regional trade organisation and free trade area consisting of

India, four-nation EFTA bloc likely to ink FTA on March 10. Read More »

Centre tweaks PM solar ‘free electricity’ scheme.

Syllabus: GS-III, Subject: Current Affairs, Topic: Schemes/Policies/Programmes, Issue: PM Surya Ghar Muft Bijli Yojana Context: The Union government made changes to the PM Surya Ghar Muft Bijli Yojana. Changes: Initial plan Modified plan Fully subsidise the installation of 1 kW-3 kW solar systems in one crore households The government will only contribute up to 60%

Centre tweaks PM solar ‘free electricity’ scheme. Read More »

Centre extends Ujjwala subsidy till March 2025.

Syllabus: GS-I, Subject: Current Affairs, Topic: Schemes/Policies/Programmes, Issue: Pradhan Mantri Ujjwala Yojana Context: Union Cabinet decided to extend Ujjwala subsidy and approved UNNATI 2024 scheme. Pradhan Mantri Ujjwala Yojana (PMUY): Launched in 2016, aimed at providing clean and safe cooking fuel to low-income families in India. Benefits: Free deposit for LPG connection (covers cylinder, regulator,

Centre extends Ujjwala subsidy till March 2025. Read More »

Govt. panel backs higher carbon tax on coal imports.

Syllabus: GS-III, Subject: Economy  Topic: Taxation, Issue: Coal Imports Context: Calls for a bigger carbon tax on higher quality imported coal while cutting rates for domestic coal. To promote domestic coal production and usage. India is the second largest importer of coal . Characteristics of Indian coal: High Ash Content: Ranging from 35% to 45%,

Govt. panel backs higher carbon tax on coal imports. Read More »

BI, Bank Indonesia to use local currencies for two-way deals.

BI, Bank Indonesia to use local currencies for two-way deals.

Syllabus: GS-III, Subject: Economy,  Topic: Trade and External sector, Issue: Rupee Internationalisation Context: The RBI and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) to promote the use of local currencies for cross-border transactions. Aims at promoting the use of Indian Rupee (INR) and the Indonesian Rupiah (IDR) The Reserve Bank of India

BI, Bank Indonesia to use local currencies for two-way deals. Read More »

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