DPN Topics
Indo-Pacific Economic Framework (IPEF) Subject: International relations Section: International Organisation Concept The Indo-Pacific Economic Framework is a new kind of trade agreement that the US is seeking to push among countries of the region. It is based on objectives around trade facilitation, standards for the digital economy and technology, supply chain resiliency, decarbonization […]
Look Out Circulars Subject: Polity Section: Citizenship Concept: It is a notice to stop any individual wanted by the police, investigating agency or even a bank from leaving or entering the country through designated land, air and sea ports. The immigration is tasked to stop any such individual against whom such a notice […]
Inflation Subject: Economy Section: Inflation Context: The world and India are witnessing a resurgence of food inflation. And with the UN Food and Agriculture Organization’s (FAO) food price index hitting new highs, it has reignited memories of the last great commodity inflation (from the mid-2000s till around 2012-13, briefly interrupted by the 2008-09 […]
LOU And FLCs Subject: Economy Section: External sector Context: The CBI found that Mr. Choksi’s companies were fraudulently issued 165 Letters of Undertaking (LoU). The value of 58 Foreign Letters of Credit (FLCs) were also enhanced in 2017 for payment to dummy overseas suppliers. Concept: What is a Letter of Undertaking (LoU)? LoUs […]
Custom Duty Subject: Economy Section: Fiscal Policy Context: To rein-in prices and preserve domestic supplies, the government today imposed stiff export duty on steel, steelmaking raw materials and intermediaries. It also waived import duty on coal. Details: An export duty of 15 per cent levied on steel, steelmaking raw materials and intermediaries. Import […]
External debt of India Subject: Economy Section: External sector Context: Against India’s current external debt to GDP ratio of 20 per cent, the estimated threshold level is between 23 percent and 24 per cent of GDP, indicating space for attracting more external debt inflows of $ 90 billion- says the RBI study on […]
Researchers share draft genome sequences of monkeypox virus Subject: Science & Technology Section: Disease Context: ‘The draft genome indicates that the virus circulating outside Africa belongs to the West African clade’ Content: Monkeypox is a rare zoonotic disease that is caused by the monkeypox virus, belonging to the Orthopoxvirus genus, which also includes the […]
Project WARDEC – India’s upcoming AI-powered wargame centre Subject: Science & Technology Section: IT Context: ‘Development of simulation-based training centre in India that will use artificial intelligence to design virtual reality wargames – ‘WARDEC’.’ Content: WARDEC is a first-of-its-kind simulation-based training centre in India that will use artificial intelligence to design virtual reality […]
Biological Diversity (Amendment) Bill 2021 Subject: Environment Section: Biodiversity Context: Rajya Sabha MP and senior Congress leader Jairam Ramesh has criticised the provisions of the Biological Diversity (Amendment) Bill, 2021 that is currently being reviewed by a Joint Parliamentary Committee (JPC). Content: Amendments in the Bill The Biological Diversity Act, 2002 was framed […]
India’s ethanol blending policy Subject: Environment Section: Pollution Context: The Union Cabinet recently approved amendments to the National Policy on Biofuels, 2018, to advance the date by which fuel companies have to increase the percentage of ethanol in petrol to 20%, from 2030 to 2025. The policy of introducing 20% ethanol is expected […]