R-value Subject – Science and Tech Context – R-value over 1 in big cities, likely start of third wave Concept – The reproduction number or R is an indicator of how quickly a disease is spreading in the population. An R-value of 1, which signifies that every infected person is passing on the […]
Flex-Fuel Vehicles Subject – Economy Context – Minister of Road Transport and Highways Nitin Gadkari has called on carmakers to start manufacturing flex-fuel vehicles and flex-fuel hybrids in India, while saying the same will be commute-ready within six months. Concept – Flex fuel vehicles (FFV) are capable of running on 100 per cent […]
Inverted Duty Structure Subject – Economy Context – Relook at inverted duty structure for textiles, the main agenda of GST Council Concept – An inverted duty structure comes up in a situation where import duties on input goods are higher than on finished goods. In other words, the GST rate paid on purchases […]
Daily Prelims Notes 30 December 2021 Table Of Contents SPECIALTY STEEL UNDER PRODUCER LINKED INCENTIVE SCHEME RYUTHU BANDHU SCHEME GST COUNCIL AADHAR LINKAGE OUTER SPACE TREATY 1. SPECIALTY STEEL UNDER PRODUCER LINKED INCENTIVE SCHEME CONTEXT: Recently, Government started taking applications for specialty steel and has fixed the deadline for investors looking to […]
OUTER SPACE TREATY Context: China has accused the US of ignoring its obligations under the Outer Space treaty as it alleged that Starlink satellites launched by US billionaire Elon Musk’s firm SpaceX had two close encounters this year with its Space Station in orbit. Concept: Historical background: The Outer Space Treaty was adopted by the UN […]
AADHAR LINKAGE CONTEXT: The Union Government passed Election Law (amendment) Bill to link voter IDs with Aadhaar cards. ABOUT ELECTION LAWS (AMENDMENT) BILL, 2021 Salient Feature – It provides for amendment of section 23 of the Representation of People’s Act, 1950, enabling the linking of electoral roll data with the Aadhaar ecosystem. This […]
GST COUNCIL CONTEXT: The 46th GST council meeting will be held. MORE FROM THE NEWS The GST Council meeting will be an extension to the pre-budget meeting with state finance ministers. Discussion on rate rationalization and inverted duty structure will be the key feature of the meeting. Discussion on reviewing the GST rates […]
RYUTHU BANDHU SCHEME CONTEXT: It was recently reported that the total funds disbursed under RythuBandhu, Telangana government’s direct benefit transfer scheme for farmers, will soon touch Rs 50,000 crore in the coming days. WHAT IS RYUTHU BANDHU SCHEME? It is a Telangana government’s direct benefit transfer scheme for farmers under which the state […]
SPECIALTY STEEL UNDER PRODUCER LINKED INCENTIVE SCHEME CONTEXT: Recently, Government started taking applications for specialty steel and has fixed the deadline for investors looking to invest under the Producer Linked Incentive Scheme (PLI). MORE FROM THE NEWS Earlier the Prime Minister had approved 6,322 crore PLI Scheme to boost production of Specialty Steal […]
Daily Practice Sheet 30 December 2021 Daily Prelims Topic SPECIALTY STEAL UNDER PRODUCER LINKED INCENTIVE SCHEME Manusmriti Kutilya Arthshastra Outer space treaty Why India should exit the Moon Agreement Aadhaar linkage MAINS OPTIMA 2021 CSE 2021 Day 50 Topic: Disaster Management Is India’s Disaster Management Act sufficient to handle health crisis is corona? […]