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Chief Economic Advisor

In News The government has appointed Venkatraman Anantha Nageswaran as its chief economic advisor (CEA) days before the tabling of the 2021-22 Economic Survey and the presentation of the 2022-23 Union Budget. About The Chief Economic Adviser (CEA) is a post in the Government of India and is equivalent to the rank of Secretary to […]

India Enterprise Architecture (IndEA) 2.0.

In News,  The Ministry of Electronics and Information Technology (MeitY) has proposed a new model of “Federated Digital Identities” under the India Enterprise Architecture (IndEA) 2.0. India Enterprise Architecture (IndEA) It was first proposed and designed in 2017 “with a view to enabling alignment of the IT developments with the business vision of government organisations. […]

Great Barrier Reef

In News  Recently, Australia unveiled a billion-dollar package to protect the climate-ravaged Great Barrier Reef . It aims to prevent the vast network of corals from being removed from UNESCO’s World Heritage list. Background  Earlier, UNESCO has decided to downgrade the status of the Great Barrier Reef in Australia because of its dramatic coral decline. […]

BrahMos missile deal between India and Philippines

In News  Recently, the Philippines signed a nearly $375 million deal to buy three batteries of the BrahMos missile. About The Philippines was set to become the first country to buy the BrahMos missile. The contract includes delivery of three missile batteries, training for operators and maintainers as well as the necessary Integrated Logistics Support […]

Biligiri Ranganathaswamy Temple (BRT) Tiger Reserve

In News  Tiger enumeration (estimation) is underway at Biligiri Ranganathaswamy Temple (BRT) Tiger Reserve in Karnataka’s Chamarajanagar district. About Biligiri Rangaswamy Temple (BRT) Tiger Reserve It derives its name BILIGIRI  from the white rocky cliff on the top of which is a temple of Lord VISHNU locally known as Rangaswamy.  It is also believed that […]

Decentralized Applications or dApps

In News dApps are applications that run on a blockchain or a peer-to-peer network instead of running on a single database controlled by a central authority. About What are dApps? Decentralized applications are programmes that allow people to interact with one another without the need for third parties. Financial transactions or legal communication are examples […]

Fly Ash Management and Utilisation Mission

In News The National Green Tribunal (NGT) directed the constitution of a ‘Fly Ash Management and Utilisation Mission’ in its recent order.  Image Courtesy: ToI  About The order by the NGT takes note of the ‘unscientific handling and storage’ of the fly ash by coal thermal power stations. For example, the draining of industrial effluents […]

India’s Bad Bank gets RBI nod

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 […]

Great Nicobar Draft Environment Impact Assessment Report

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 […]

Formulation of the Union Budget

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 […]

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