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Mahila Samman Saving Certificate Account

In News The Union Minister for Women and Child Development and Minority Affairs opened a Mahila Samman Savings Certificate (MSSC) account. About Mahila Samman Savings Certificate Scheme It is a new small savings scheme launched specifically for female investors and was announced in Budget 2023 to promote investment among women.  Accounts opened under this scheme […]

WTO panel rules against India in ICT tariff dispute with EU, others

In News A World Trade Organization panel said that India had violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products. More about News The WTO panel recommends India bring such measures into conformity with its obligations under the General Agreement on Tariffs and Trade […]

Bedaquiline

In News Recently, the Indian Patent Office rejected Johnson & Johnson’s attempt to extend its monopoly on manufacturing Bedaquiline  in India. About Bedaquiline is an oral  medication used to treat active tuberculosis. it is particularly used to treat multi-drug-resistant tuberculosis (MDR-TB)  It has a unique mechanism of action, targeting the adenosine triphosphate (ATP) synthase enzyme […]

Global Quality Infrastructure Index(GQII)

In News Recently, India’s national accreditation system under the Quality Council of India (QCI) has been ranked 5th in the world in the recent Global Quality Infrastructure Index (GQII) 2021. Global Quality Infrastructure Index(GQII ) The GQII ranks the 184 economies in the world on the basis of quality infrastructure (QI). The GQII is a […]

Multi-state Cooperative Societies

In News Recently, the Union Cabinet gave its approval for the creation of three new multi-state cooperative societies. Major Highlights About: The Government will set-up three new cooperative bodies under the Multi-State Cooperative Societies (MSCS) Act, 2002 viz. National multi-state cooperative export society,  National multi-state cooperative organic society  National multi-state cooperative seed society  These societies […]

Draft New Industrial Policy

In News Recently, the draft – Statement on Industrial Policy 2022 Make in India for the world – has been circulated to different ministries for their views and comments. Key Points of Draft New Industrial Policy Prepared By: The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry Various ways […]

India Assumes Wassenaar Arrangement Chairmanship

In News India assumed Chairmanship of Wassenaar Arrangement (WA) Plenary starting from January 1, 2023. India will hold the Chairmanship for one year. Wassenaar Arrangement (WA) About: It is a voluntary export control regime formally established in July 1996. The name comes from Wassenaar, a suburb of The Hague, where the agreement to start such […]

Pushing for Free Trade Agreements

Context In recent times, the Indian government has been actively pursuing free trade agreements (FTAs) with a wide range of countries. Current Scenario After initially fighting against the Free Trade Agreements (FTA), the Government has now started rooting for it.  Many pacts have been signed with different countries like Australia and the UAE and many […]

Unemployment Rate in India

In News Recently the Periodic Labour Force Survey (PLFS) was released by the National Statistical Office (NSO). More about the news The unemployment rate: The unemployment rate in urban areas for persons aged above 15 eased to 7.2% in July­-September 2022 from 9.8% a year ago and 7.6% in the previous quarter. The unemployment rate […]

Regulatory Framework for Promoting Data Economy

In News Recently, the Telecom Regulatory Authority of India (TRAI) released its recommendations on ‘Regulatory Framework for Promoting Data Economy Through Establishment of Data Centres (DCs), Content Delivery Networks (CDNs), and Interconnect Exchanges (IXPs) in India’. Background National Digital Communications Policy (NDCP) 2018 envisages “Evolving enabling regulatory frameworks and incentives for promoting the establishment of […]