Land around Assam monastery to be reserved for indigenous people Subject :History Section: Art and culture Source: TH Context: The Assam government is working on a law to create an indigenous-only zone around Batadrava, the birthplace of 15th-16th century saint-reformer Srimanta Sankaradeva who propounded neo-Vaishnavism. Batadrava than: Batadrava, which is in Nagaon district, […]
Saudi Arabia, Arab League, and EU launch Mideast Peace Day Effort Subject :IR Section: Groupings More about the news: The initiative aims to create a “Peace Supporting Package” that will yield benefits for both Palestinians and Israelis upon reaching a peace agreement. This package includes detailed programs and contributions contingent on achieving a […]
DPDP Act: The grievance redressal process Subject : Polity Section: Legislation in news Key Points: Data fiduciaries have certain obligations towards the data principals including access to a grievance redressal mechanis. The recently enacted Digital Personal Data Protection Act, 2023 (DPDP Act) has an inbuilt multilayered mechanism for addressing grievances. According to the […]
How to measure India’s growth Subject :Economy Section: National income Key Points: While the recently released economic growth numbers for India are promising, there is some sub-text that needs to get the correct and more realistic picture of India’s economic performance. Some of the major concers are: inflationary pressures, a falling rupee, fluctuations […]
Antidumping probe initiated against 3 Chinese products Subject: Economy Section: External Sector Context: India has suo motu initiated anti-dumping investigations on as many as three different products from China in the last few days as part of its overall effort to guard MSME units against the onslaught of cheap imports from neighbouring countries. Details : The […]
Surety Bond Insurance Subject :Economy Section: Capital Market Context: The ambitious plan of the government to launch the Surety Insurance Bonds market – an alternative to bank guarantees in infrastructure projects — has failed to take off in the last three years due to technical and financial impediments What is Surety Bond? Surety […]
India and UN launch Global Capacity Building Initiative Subject :IR Section: International Organisation Context: India and the UN have jointly launched an initiative aimed at building the capacity of countries in the Global South. More about the news: India and the United Nations have launched a collaborative project to assist countries in the […]
AIFs may be allowed to issue participatory notes from IFSC Subject : Economy Section: Capital market In News: Alternative investment funds (AIF)s may be allowed to issue participatory notes from IFSC. Key Points: A Working group formed to assess viability of extending the facility of issuing PNs by AIFs. The International Financial Services […]
Scheme for Creation of Infrastructure for Argo Processing Clusters (APC) Subject: Schemes Section: Food Context: Just two out of 70 projects approved under the Ministry of Food Processing Industries’ Agro Processing Clusters (APC) scheme are complete and operational as per latest government figures Ministry of Food Processing Industries (MoFPI) has been implementing the […]
Biden to host leader of Pacific Islands , Forum for India-Pacific Islands Cooperation (FIPIC) Subject :IR Section: Groupings Context: Biden to host leader of Pacific Islands to counter China Influence; More about the news: President Joe Biden is set to host leaders of Pacific Islands in two-day U.S.-Pacific Island Forum Summit President Joe […]