DPN Topics
Bill to create Urban Disaster Management Authority introduced in Lok Sabha Subject: Polity Sec: Legislation in news Context: A bill that seeks to create Urban Disaster Management Authority for state capitals and large cities having Municipal Corporations and strengthen the working of the National Disaster Management Authority (NDMA) and the State Disaster Management […]
Supreme Court upheld States’ right to sub-categorise SCs for quota benefits Subject: Polity Sec: Constitution Context: In a 6:1 majority ruling, the Supreme Court on August 1 held that sub-classification within the Scheduled Castes (SCs) and Scheduled Tribes (STs) categories is permissible to extend the benefit of affirmative action. However, the seven-judge Bench headed by […]
The relevance of pumped storage projects Sub: Geo Sec: Hydrology Context: The Union Budget for 2024-25 announced a policy to promote pumped storage projects for electricity storage and the integration of renewable energy. Pumped Storage hydropower (PSH): Solutions for storing variable renewable energy include batteries and compressed air storage, but pumped storage using […]
What early warning did Kerala have before Wayanad disaster? Sub: Geo Sec: Climatology Context: Union Home Minister Amit Shah discussed early warning systems and alerts given to the Kerala government before the Wayanad landslides. National Monsoon Mission: It was launched by the Ministry of Earth Sciences in 2012. Aim: To improve forecasting skills […]
Above-normal rain expected in August and September, says IMD Sub: Geo Sec: Climatology Context: The India Meteorological Department (IMD) predicts above-normal rain for August and September. Monsoon Rainfall Prediction: August is expected to receive normal rainfall. September is likely to receive more than the average 17 cm of rainfall if the forecast of […]
As Rate Cuts Near, Investors Assess Fed’s Soft-Landing Strategy Sub: Eco Sec: Monetary Policy Fed’s Plan for Rate Cuts: Fed Chairman Jerome Powell indicated a potential rate cut in September if inflation cools. This is the strongest signal yet of easing monetary policy soon. Investor Concerns: Soft Landing Feasibility: Some believe the Fed […]
Govt to Decide Fate of Sovereign Gold Bond Scheme by September Sub: Eco Sec: External Sector Decision Timeline: The government is likely to make a decision on the continuation of the Sovereign Gold Bond (SGB) scheme by September 2024, coinciding with the Reserve Bank of India’s (RBI) borrowing meeting. Purpose and Current Status: […]
India Needs 75 Years to Reach a Quarter of US Per Capita GDP: World Bank Sub: Eco Sec: National Income Current Trends and Comparisons: Projection: At current trends, India will take 75 years to reach a quarter of the United States’ per capita GDP, as per the World Development Report 2024 by the […]
Bank of Japan Raises Interest Rate for Second Time in 17 Years Sub: Eco Sec: monetary policy Interest Rate Increase Interest Rate: Raised to 0.25% from 0% to 0.1%. This is the second rate hike in 17 years, following the first in March 2023. Monetary Policy Adjustment The BoJ plans for further rate […]
Migrants seeking refuge in Italy could be taken to Albania pending asylum decisions Subject: IR Sec: Places in news Context: Migrants rescued at sea while attempting to reach Italy may see themselves transported to Albania beginning next month while their asylum claims are processed, under a controversial deal in which the small Balkan […]