Scheduled Caste Sub Plan (SCSP) Fund Subject – Governance Context – In 2018-19, Bihar used SC/ST scholarship funds to build roads and embankments Concept – In 2018-19, Bihar used SC/ST scholarship funds to build roads and embankments. This diversion of the Scheduled Caste Sub Plan (SCSP) fund was flagged by the Comptroller and […]
Shrinking Informal Sector Subject – Economy Context – In three years, informal economy down to 15-20% from 52%, says SBI report Concept – India’s informal economy has shrunk to around 15-20 per cent of the formal GDP as against 52 per cent three years ago following the adoption of GST, enhanced digitalisation, and […]
Mauritius – a preferred channel for Foreign Investment Subject – Economy Context – Mauritius removed from FATF’s grey list Concept – Mauritius had become the preferred channel for routing foreign investments into India due to two reasons. One, the India-Mauritius double tax avoidance treaty allowed foreign investors using this channel to avoid capital […]
Plant-based Meat Subject – Agriculture Context – Over the last five years, the plant-based food movement in India has gained a central place amongst the most decisive trends in the food industry Concept – Using techniques like fermentation, extrusion and prolamin fraction the companies have created plant-based products that present just like their […]
WMO State of the Global Climate 2021 report Subject – Environment Context – The last seven years are on track to be the warmest on record, according to the provisional WMO State of the Global Climate 2021 report Concept – The novel coronavirus disease (COVID-19) pandemic could not deter the world from emitting […]
Climate Finance Subject – Environment Context – COP 26 in Glasgow Concept – Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change. The Convention, the Kyoto Protocol and the Paris Agreement call for […]
Climate Finance Delivery Plan Subject – Environment Context – Expectations from CoP26: Climate finance needs to be scaled up with focus on adaptation, says LDC Group. Concept – Least developed countries (LDC)are the least responsible for climate change but bear most of its brunt. They represent over one billion people in Africa, the […]
Prime polluters Subject – Environment Context – COP-26 at Glasgow Concept – The world released 36.4 gigatonnes (Gt) of CO2 in 2019 — the last year for which global data for the GHG is available — in fossil fuel emissions and from the cement sector. Of this, China alone emitted 28 per cent […]
Excise Duty Subject – Economy Context – Petroleum products: Excise collection 79% more than pre-Covid levels Concept – This is a duty on manufactured goods, which is levied at the time of manufacture. A part of indirect tax, excise duty is a levy on particular goods and is collected at the point of […]
Art Industry Reducing Its Carbon Footprint Subject – Environment Context – While several exhibitions in the past have been dedicated to nature and the need to arrest environmental degradation, art establishments now are also looking inward, analysing if the crisis begins at home. Concept – “Waste Age: What Can Design Do” exhibition – […]