In News Recently ,Union Minister Dr Jitendra Singh stated that Gamma irradiation technology for food preservation has been shared with private players. About Gamma Irradiation Gamma Irradiation is the process of exposing various products to ionizing gamma rays (similar to UV and X-rays) in a highly controlled manner for a specific goal, such as elimination […]
In News Parliament recently passed Taxation Laws (Amendment) Bill 2021 to bury retrospective taxation. What is Retrospective Taxation? “Retrospective” means ‘taking effect from a date in the past’ and “tax” refers to ‘a new or additional levy of tax on a specified transaction’. Therefore, retrospective tax means creating an additional charge or levy of tax […]
In News Recently, a Parliamentary panel recommended social security measures for informal workers in its report on the impact of the pandemic on rising unemployment and job loss. Objectives and Need The pandemic has devastated the labour market, denting the employment scenario and threatening the survival of millions of workers and their families. The reports […]
In News Recently, the Government of India signed a $250 million loan agreement with the World Bank for the Second Phase of Dam Rehabilitation and Improvement Project (DRIP Phase II). About The first phase of the DRIP programme covered 223 dams in 7 states which improved the safety and operational performance of selected dams, along […]
In News Oxfam has recently published a report titled “Tightening the Net” just a few months ahead of the UN climate talks in Glasgow. Key Findings of Report ‘Net zero’ carbon targets that many countries have announced maybe a “dangerous distraction” from the priority of cutting carbon emissions. “Land-hungry ‘net zero’ schemes could lead to […]
In News Recently, the group of scientists and activists has written to the Food Safety and Standards Authority of India (FSSAI) to abort the plan to make synthetic/chemical fortification of foods mandatory in India. Background In January 2021, the FSSAI had issued a draft regulation for mandatory fortification of edible oil and milk with Vitamin […]
In News The experts suggest that the Artificial Intelligence based technology could be used for health care as well as many other present and future challenges in various sectors. Artificial Intelligence It is the science and engineering of making intelligent machines, especially intelligent computer programs. It is related to the similar task of using computers […]
In news A table-top war-gaming exercise was held recently among the three services of the armed forces (Navy, Army and Airforce). About The aim of this exercise was to evolve a consensus among the three services on the reorganisation of the forces into integrated tri-service theatre commands and fine-tune the model. Integrated Theatre Command It […]
In News The Prime Minister is set to launch the digital payment solution e-RUPI on August 2. Key Points About: It is a person and purpose-specific digital payment solution which is a cashless and contactless instrument for digital payment. Working Mechanism: e-RUPI has a QR code or SMS string-based e-Voucher, which is delivered to the […]
In News Recently, the IMF released a World Economic Outlook report that retained the global economic growth forecast of 6% for 2021. World Economic Outlook It is a report by the International Monetary Fund (IMF) that analyzes key parts of the IMF’s surveillance of economic developments and policies in its member countries. It also projects […]
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