DPN Topics
Subject: Economy Context: The Corporate Affairs Ministry and the Insolvency and Bankruptcy Board of India (IBBI) have written to the Reserve Bank of India (RBI), asking the central bank to permit Asset Reconstruction Companies (ARCs) to bid for stressed assets under the Insolvency And Bankruptcy Code (IBC). Concept: Under current regulations, Asset Reconstruction Companies (ARCs) […]
Subject: Environment Context: Chinese President Xi Jinping has promised China would be carbon net-zero by 2060 Concept: Net-zero is a state in which a country’s emissions are compensated by absorptions and removal of greenhouse gases from the atmosphere. Absorption can be increased by creating more carbon sinks such as forests, while removal involves application of […]
Subject: Geography Context: Prime Minister will inaugurate the strategically important Atal Tunnel in Himachal Pradesh. Concept: The 9.02-km tunnel, the longest highway tunnel in the world above the height of 3,000 metres cuts through a mountain west of the Rohtang La. It will shorten the distance between Solang Valley and Sissu by around 46 km […]
Subject: Economy Context: After contracting for six months in a row, the country’s exports grew by 5.27 per cent year-on-year to $27.4 billion in September, and the trade deficit narrowed to a three-month low of $2.91 billion, as per the Commerce Ministry data Concept: A trade deficit is an economic condition that occurs when a […]
Subject: Economy Context: Amid a surge in investor inflows that have pushed stock market indices to new highs over the past six months, the Finance Ministry has flagged specific concerns over “low filing” and “poor quality” of Suspicious Transaction Reports (STRs) by brokers. Concept: The FinCEN Files refer to a set of over 2,100 “Suspicious Activity Reports” […]
Subject: Schemes Context: Kisan Rail started to function Concept: Mango special, Banana Special, Onion Special, Sapota Special are some of the routes of Kisan Rail Thesespecial seasonal trains identified by the government for farmers to send fresh fruits, vegetables and other perishable goods to buyers across India. Rail and Agriculture ministries are working to institutionalise […]
Subject:IR Context: Over the last one week, military action in Nagorno-Karabakh, a region disputed between Armenia and Azerbaijan, has resulted in the death of at least 100 civilians and Armenian combatants. Concept: Straddling western Asia and Eastern Europe, Nagorno-Karabakh is internationally recognised as part of Azerbaijan, but most of the region is controlled by Armenian separatists. […]
Subject: Polity Context: The Bombay High Court said that in a democracy citizens are free to express their views, but they have to ensure that while exercising their right they don’t violate someone else’s constitutional rights. Concept: Article 19 in the Indian constitution gives us the freedom of speech and expression with some reasonable restrictions […]
Subject: Polity Context: The Supreme Court on Thursday quashed the Gujarat government’s notifications granting temporary “relaxations” to employers on certain conditions related to working hours and payment of wages under the Factories Act, 1948. The court observed that the notifications, in denying humane working conditions and overtime wages provided by law, are an affront to […]
Subject: Economy Context: Think tanks want government to pursue a counter-cyclical fiscal policy when the economy faces its worst recession with millions of job losses in the wake of the Covid-19 pandemic, and the subsequent strict national lockdown. Concept: A counter-cyclical fiscal policy refers to strategy by the government to counter boom or recession through fiscal measures. […]