In News A key proposal announced in this year’s (2021) Budget, a bad bank to deal with stressed assets in the loss-laden banking system, has received all regulatory approvals. About The K V Kamath Committee helped the RBI with designing a one-time restructuring scheme. The committee observed that the companies in sectors such as retail […]
In News Recently, the Supreme Court quashed a one-year suspension of 12 Maharashtra BJP MLAs. Background They were suspended after the government accused them of “misbehaving” with the presiding officer. They were suspended for a year for, as called, “grossly disorderly conduct” in the House. Reasons given by the Court for Quashing Irrational act: It […]
In News Recently, the Prime Minister recalled Lala Lajpat Rai’s bravery and dedication in the freedom struggle on his birth anniversary (28 January). About Lala Lajpat Rai Born: Born in 1865. In a small village named Dhudike in Punjab’s Ferozepur district. Also known by: Punjab Kesari and Lion of Punjab Influenced by: The teachings of […]
Indian Express Subject Pg No Headlines Relevance for Prelims and Mains GS 3 1& 17 Its handover complete, Air India returns to Tata home after 69 yrs What does Tata get with Air India buy (Economy) What happens after the Tata Group gets control of Air India? What does the formal handing over […]
The Hindu Subject Pg No Headlines Relevance for Prelims and Mains GS 2 1 Central Asia meet forms Afghan group Opposed to the third party in LAC talks, China tells U.S (IR ) What are the key takeaways from the first India-Central Asia Summit, main issues of discussion, why are countries ‘concerned […]
In News The Nile, the longest river in the world, is one of the frontlines of conflict over its water as climate change sweeps Africa and the world. About the dam It is formerly known as the Millennium Dam and sometimes referred to as Hidase Dam. Led by Ethiopia, the 145 meter tall hydropower project […]
In News Recently, UNESCO added the Nordic “clinker boats” to its Heritage List. Denmark, Finland, Iceland, Norway and Sweden jointly sought the UNESCO designation. The designation will safeguard and preserve the boat-building techniques that drove the Viking era for future generations. What are Nordic clinker boats? Nordic clinker boats are small, open, wooden boats between […]
In News The Central Vigilance Commission (CVC) has revised the Standard Operating Procedure (SOP) for adopting and implementing the Integrity Pact. What is Integrity Pact? The ‘Integrity Pact’ envisages an agreement between the prospective vendors/bidders and the buyer, committing persons and officials of both sides to not resort to any corrupt practices in any aspect […]
In News The recently released draft environment impact assessment (EIA) report for the mega-development project in the Great Nicobar Island has raised serious questions related to submission of incorrect or incomplete information, scientific inaccuracy and failure to follow the appropriate procedure. Environmental Impact Assessment (EIA) It is a process of evaluating the likely environmental impacts […]
In Context With the economy still hurting from the pandemic, the upcoming Budget is likely to address concerns around growth, inflation and spending. About Budget The Union Budget of India is referred to as the Annual Financial Statement in Article 112 of the Constitution of India. The term ‘Union Budget’ is nowhere mentioned in the […]
8081300200
Live/Online Class