DPN Topics
Nearly 400 Ethiopians have died of starvation Subject: IR Sec: Places in news Context: The Ethiopian national ombudsman has reported nearly 400 starvation deaths in the Tigray and Amhara regions, acknowledging hunger-related fatalities amidst a backdrop of drought and the aftermath of a civil war that concluded 14 months ago. Details: The slow […]
Union Budget 2024-25: New initiative to boost Blue Economy 2.0 Announced Subject: Economy Sec: National economy Context: The interim budget speech by Union Finance Minister Nirmala Sitharaman emphasized support for Blue Economy 2.0 through a new scheme aimed at coastal aquaculture, mariculture, and adaptation measures for climate change. Details: Despite the lack of […]
Tax buoyancy helps Centre align with its fiscal consolidation roadmap Subject: Economy Sec: Fiscal Policy Context: The strong growth in tax revenues reflects the high tax buoyancy, which works out to be 1.2 in the revised estimates for financial year 2023-24 as against 1.0 in FY23. For 2024-25, the tax buoyancy is seen […]
Bilateral Investment Treaties (BITs) Subject: Economy Sec: External Sector Context: Finance Minister Nirmala Sitharaman during her Interim Budget speech said that India is negotiating BITs with trade partners to boost the inflow of foreign direct investments (FDI). More on news: A relook at BITs comes at a time when India is pursuing economic […]
Big leap in Space Defence Technology: Green Propulsion System, developed under DRDO’s Technology Development Fund, successfully demonstrates in-orbit functionality Subject: Science and tech Sec: Defence Context: A Green Propulsion System developed under the Technology Development Fund (TDF) scheme of DRDO has been successfully demonstrated in-orbit functionality on a payload launched by PSLV C-58 […]
Cabinet approves extension of Animal Husbandry Infrastructure Development Fund Subject: Schemes Sec: Agri Context: The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) for another three years up to 2025-26. More on news: The Animal Husbandry Infrastructure Development Fund (AHIDF) to […]
Interim Budget 2024: Food, fertilizer, fuel subsidy bill to fall to 5-year low Subject: Economy Sec: Fiscal Policy Context: The Centre’s subsidy bill on the ‘3 Fs’ ie food, fertilizer and fuel , is slated to fall to a five-year-low of Rs 3,81,175 crore in 2024-25, as per the Interim Budget More on […]
Govt. raises Lakhpati Didi scheme target Subject: Schemes Sec: Vulnerable section Context: Finance Minister Nirmala Sitharaman, while presenting the interim Budget for 2024-25, said the target for training ‘Lakhpati Didi’ would be increased from the existing 2 crore to 3 crore. Key Facts: Eighty-three lakh self-help groups with 9 crore women are transforming the rural socio-economic landscape with empowerment and self-reliance. Lakhpati Didi Scheme: It was announced by the Prime Minister in his […]
Biden administration notifies U.S. Congress of 31 MQ9B UAV sale to India Subject: Science and tech Sec: Defence Context: The U.S. Congress formally notified of the possible sale of 31 MQ9B high altitude long endurance armed Unmanned Aerial Vehicles(UAV) to India at an estimated $3.99 billion. MQ-9B Predator Drone The MQ-9B drone is a variant of the MQ-9 “Reaper”, an unmanned aerial vehicle (UAV) capable of remotely controlled or autonomous flight […]
BRICS and BRICS PLUS Subject: IR Section: Int Groupings Context: Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have confirmed that they are joining the BRICS bloc. More on news: The five countries were extended invitations along with Argentina at a summit in August in Johannesburg to join the bloc comprising […]