DPN Topics
NPPA fixes price of 15 key drug formulations Subject: Science & Tech Context- The National Pharmaceutical Pricing Authority (NPPA), under the Ministry of Chemicals and Fertilizers, has fixed the price of 15 key drug formulations, used to treat diseases, including diabetes. Concept- How does the pricing mechanism work? Prices of Scheduled Drugs are […]
Cost-Push Inflation Subject: Economy Section :Inflation It is “supply-side, cost-push” factors which affect the prices of most of the items constituting the CPI. The clear worry is that the recent Monetary Policy Committee move could potentially raise costs for all borrowers and lead to further price increases. Cost-Push Inflation: Cost push inflation is […]
External Benchmark Lending Rate Subject: Economy Section :Monetary Policy The Reserve Bank of India’s (RBI) endeavor to improve monetary transmission to banks’ lending rates has gained traction with the advent of EBLR regime Transmission of Monetary Policy: The transmission of monetary policy describes how changes made by the Reserve Bank to its monetary policy […]
Resilience and Sustainability Trust Subject: Economy Section :External sector The Executive Board of the International Monetary Fund (IMF) approved the establishment of the Resilience and Sustainability Trust (RST) to help countries build resilience to external shocks and ensure sustainable growth, contributing to their long-term balance of payments stability. Resilience and Sustainability Trust: On […]
GST Rates Rationalisation Subject: Economy Context- The Group of Ministers (GoM) will deliberate and finalise recommendations which will be sent to the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state finance ministers. Concept- There was a thought in some quarters that the slab of 5 per cent may be broken […]
East Timor Subject: Geography Context- East Timor, also known as Timor Leste, holds the second and final round of its presidential election on Tuesday, with frontrunner and Nobel laureate Jose Ramos-Horta running against incumbent leader Francisco “Lu Olo” Guterres. Concept- History: The territory was colonised by Portugal in the 18th century and remained […]
Guru Tegh Bahadur Subject: Art & Culture Context- The government will celebrate the 400th birth anniversary of Guru Tegh Bahadur with a two-day event at the Red Fort. Concept- About Guru Tegh Bahadur (1621–1675): Guru Tegh Bahadur was the ninth of ten Gurus of the Sikh religion. He was born at Amritsar in […]
WHO & Traditional Medicine Subject: Science & Tech Context- PM Modi, along with World Health Organization (WHO) Director-General Dr Tedros Ghebreyesus, will perform the groundbreaking ceremony for the first-of-its-kind WHO Global Centre for Traditional Medicine (GCTM) in Jamnagar, Gujarat. Concept- What will the GCTM be about? The WHO GCTM is to be established […]
Agri GVA Subject: Economy Section: National Income Context: According to NITI Aayog, India can expect another good year of agriculture growth if the monsoon is normal as predicted. This, along with high commodity prices, could bring growth in agriculture GVA to 4 per cent. Concept: Sectoral share of the GVA: Agriculture- Least impacted […]
Poverty Estimate Subject: Economy Section: National Income Context: Extreme poverty in India has declined by over 12 percentage points during 2011-2019, a World Bank working paper has said. Details: Extreme poverty was as low as 0.8 per cent in the pre-pandemic year of 2019, and food transfers were instrumental in ensuring that it […]