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Amendment in IBBI Regulations 2016

In News Recently, the Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. About The amendments were aimed at enhancing the discipline, transparency, and accountability in corporate insolvency proceedings. In March 2021 a sub-committee of the Insolvency Law Committee (ILC) […]

Northern Ireland Protocol

In News Recently, the United Kingdom (UK) has highlighted the need to renegotiate the Northern Ireland Protocol. According to the UK, the protocol has the potential to create so many problems and hence suggested rewriting it or even abandoning it in the absence of renegotiations. Northern Ireland Protocol It aims to resolve the issue of […]

OPEC+ Deal

In News Recently, the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by Russia (OPEC+) have agreed to gradually withdraw Covid-19 related production cuts by September 2022. Background In April 2020, the OPEC+ group of countries entered into a two-year agreement, which entailed steep cuts in crude production to deal with a sharp […]

Inequality Report 2021: Oxfam

In News Oxfam recently released a report titled, ‘Inequality Report 2021: India’s Unequal Healthcare Story’.  Key Findings Serious inequalities in healthcare:  India’s low spending on public healthcare systems and focus on supporting private healthcare has led to serious inequalities in access to healthcare, especially during the Covid 19 pandemic. States working towards reducing inequalities:  States […]

Impact of Mid-day Meal Scheme

In News A recent study stated that the Midday meals have a long-lasting impact. About The paper was authored by a researcher from the University of Washington and economists and nutrition experts at the International Food Policy Research Institute.  It found that the midday meal scheme was associated with 13-32% of India’s improvement in height-for-age […]

Reforms in Ordnance Factory Board

In News In a huge defence reform, the Union Cabinet approved the corporatisation of the Ordnance Factory Board (OFB). About The ‘Reform’ plan  was first mooted two decades ago to streamline the functioning of the 41 ordnance factories across the country. In Reform, these 41 ordnance factories will be subsumed  into seven fully government owned […]

Conjugal Rights in India

In News Recently, the Supreme Court (SC) has decided to begin hearing a fresh challenge to the provision allowing restitution of conjugal rights under Hindu personal laws. In 2019, a three-judge Bench of the SC had agreed to hear the pleas. About Conjugal Rights  These are rights created by marriage, i.e. right of the husband […]

Lokpal yet to get Director of Inquiry

In News The Centre is yet to appoint a director of inquiry as prescribed by the Lokpal and Lokayuktas Act, 2013. About According to the Lokpal and Lokayuktas Act, 2013, there shall be a director of inquiry. According to official data, the Lokpal received 12 complaints of corruption, including eight against senior officials, between April […]

US, Afghanistan, Pakistan, Uzbekistan Quad Group

In News Recently, the US, Afghanistan, Pakistan, and Uzbekistan agreed to form a quad group to enhance regional connectivity. Background The parties considered long-term peace and stability in Afghanistan critical to regional connectivity and agreed that peace and regional connectivity are mutually reinforcing.  This development comes as the security situation in Afghanistan has been deteriorating […]

Violence in South Africa

In News The unrest in South Africa, set off after the imprisonment of former President Jacob Zuma, has claimed 72 lives so far. About The rioting originated in Zuma’s home province of KwaZulu-Natal (KZN), where he is serving a 15-month sentence for contempt of court, after failing to appear for a corruption inquiry.  It has […]

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