Tag: GS 3
Dutch Disease
In Context Recently the research paper titled “40 years of Dutch Disease literature: lessons for developing countries”, was published by Edouard Mien and Michael Goujon. More about Dutch Disease: Meaning: Dutch Disease in economics refers to a phenomenon wherein a country witnesses uneven growth across sectors due to the discovery of natural resources, especially large […]
Eco-Sensitive Zones
In News Recently there were many criticisms that rose around Supreme Court’s order to declare all places within a kilometre (km) around ‘protected areas (PA) as eco-sensitive zones (ESZ). The Court order: Supreme court has directed all states to have a mandatory 1-km ESZ from the demarcated boundaries of every protected forest land, national park […]
GSAT-24
In News Recently ,NewSpace India Limited (NSIL) launched GSAT-24 in its first “demand-driven” communication satellite mission post space sector reforms. ’Demand-driven’ basically means when a satellite is launched, one will know who the end customers are going to be and what’s the kind of utilisation and commitment so that you have very effective utilisation of […]
NIRYAT portal
In News The Prime Minister launched a new portal – NIRYAT (National Import-Export Record for Yearly Analysis of Trade) . About NIRYAT It is developed as a one stop platform for stakeholders to get all necessary information related to India’s foreign trade. It will deal with the import and export analysis of India. It will […]
Rules on TDS provision on Virtual Digital Assets(VDA)
In News Recently ,The Central Board of Direct Taxes (CBDT) issued detailed guidelines on the Tax Deducted at Source (TDS) rule for Virtual Digital Assets (VDAs) such as cryptocurrencies . More In News It laid down the various scenarios under which tax would be applicable and on whom the onus of deduction would lie. The […]
Open Network for Digital Commerce (ONDC)
In News Recently, the government of India announced the launch of the pilot phase of open network for digital commerce (ONDC) in five cities. More In News The aim of this drive is to democratise the country’s fast growing digital e-commerce space that is currently dominated by the two U.S.-headquartered firms — Amazon and Walmart. […]
Multilateral Fund for Biodiversity
In News Recently, the Global Environment Facility (GEF) has promised to provide $5.33 billion over the next four years to address problems related to biodiversity worldwide. Why is it Needed? Less funding: Earlier, a group of countries including Argentina and Brazil and Gabon, called for developed countries to provide at least $100 billion a year, […]
Purple Revolution
In News Recently, the Union Minister of India said that “Purple Revolution” has shifted focus to Agri-tech StartUps. About Purple Revolution The Purple or Lavender Revolution was launched by the Union Ministry of Science & Technology through the Council of Scientific & Industrial Research (CSIR) Aroma Mission. Aim: It aimed at increasing lavender cultivation in […]
Current Account Deficit
In Context India’s Current Account Deficit (CAD) for the quarter ended March 22 was sequentially narrowed to 1.5 percent of GDP as remittances from overseas Indians as well as software exports surged . About Current Account Deficit It is a measurement of a country’s trade where the value of the goods and services it imports […]
