DPN
Subject: Economy Context: Sagarmala development company Ltd will step in to help deploy some of the 24 roll-on, roll-offas well as Ropax owned by Inland Waterways Authority of India. Concept: Sagarmala: The Sagarmala project seeks to develop a string of ports around India’s coast. The objective of this initiative is to promote “Port-led development” along […]
Subject: Economy Context: Over 3.5 lakh composition taxpayers under GST will now have the facility of filing NIL return by just sending a SMS. Concept: Composition Scheme Taxpayers under the composition scheme of the GST will now have more relaxed rules with an increased turnover limit for the applicability, inclusion of service providers and reduced […]
Subject: Environment Context: ‘Birds of God’ project is a true success because of the involvement of the community. There has never been such a quick turnaround to a conservation project in India, where one year a species was being hunted and in the next, it stopped. To celebrate the conservation story, the Nagaland government held […]
Subject: National Organisation Context: The Central Electricity Regulatory Commission (CERC), which has been non-operational for nearly two months now, will continue to remain so for at least four more weeks. Concept: Central Electricity Regulatory Commission (CERC). CERC is a regulator of the power sector in India. It intends to promote competition, efficiency and economy in […]
Subject: Economy Context: A bountiful monsoon has brought a new challenge for the Finance Ministry, with the subsidy bill for fertilisers this year expected to be much higher. Concept: Farmers buy fertilisers at MRPs (maximum retail price) below their normal supply-and-demand-based market rates or what it costs to produce/import them.• The difference between the retail […]
Subject: Economy Context: DIPAM to monetise assets worth over ₹100 crore. Concept: The Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance has been made the nodal department for the strategic stake sale in the Public Sector Undertakings (PSUs). DIPAM and NITI Aayog will jointly identify PSUs for strategic disinvestment. Mandate […]
Table Of Contents GLOBAL WEALTH REPORT ECLGS AENIGMACHANNA GOLLUM SCHEMES FOR EXPORT PROMOTION TARIFF / NON TARIFF BARRIERS 1. GLOBAL WEALTH REPORT Subject:International Report Context: Credit Suisse has released the Global Wealth Report 2020. Concept: Credit Suisse is a financial services company based in Switzerland. The Credit Suisse Global Wealth Report provides the […]
Subject: Economy Concept: Non-Tariff Barriers : Direct Price Influences Subsidies Subsidies are the direct payments made by the government to domestic producers. It can take form of cash payments, low interest loans, government participation in ownership, tax incentives, etc. Subsidies help in lowering down the cost of production of domestic goods as a result of […]
Subject : Economy Concept : 1. Remission of Duties or Taxes on Export Product : The new scheme will be implemented from 1st January 2020 and will replace the existing Merchandise Exports from India Scheme (MEIS) and create a fully automated route for Input Tax Credit (ITC) in the GST to help increase exports in […]
Subject : Environment Context :Aenigmachannagollum, a dragon snakehead fish that lives in underground aquifers, and which first announced its surfacing in social media posts in 2018. Concept : Aenigmachanna Gollum has a surprisingly large number of primitive characters, and detailed molecular phylogenetic analyses including of its Mitochondrial DNA suggested an ancient separation from Channidae. Many […]