DPN
Subject: Scheme Context: World Bank approved $500 million project to better education quality in 6 states Concept: The project, named STARS (Strengthening Teaching-Learning and Results for States Program), will be implemented through the SamagraShikshaAbhiyan, the flagship central scheme, in partnership with Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, Odisha and Rajasthan. STARS will help improve learning […]
Subject:IR Context: The United Nations (UN) Secretary-General has announced that the UN is unable to convene the Middle East Quartet to discuss the potential Israeli plan to annex large parts of the occupied West Bank. The Office of High Commissioner for Human Rights described the annexation of occupied territory as a serious violation of the Charter of […]
Subject: Economy Context: Department of Pharmaceuticals has written to domestic medical devices manufacturers to report on unfair trade practices in exporting market. Concept: An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Dumping is a process where a company exports […]
Subject: Schemes Context: Centre has launched aRs 10,000 crore scheme for micro enterprises Concept: Pradhan MantriFormalisation of Micro Food Enterprises (PM FME) aims to bring in new technology, apart from affordable credit to help small entrepreneurs penetrate new markets. Objectives: Increase in access to finance by micro food processing units. Increase in revenues of target […]
Subject: Geography Context: There is massive increase in planted acreage for various kharif season crops as of June 26, compared with the same time last year according to ‘All India Crop Situation’ report of the Agriculture Ministry. Concept: Despite the Covid-19 crisis, farmers have so far planted an impressive 316 lakh hectare, which is more […]
Subject: Report Context: IMF on recent update of Global Financial Stability Report said financial conditions have eased but insolvencies loom large. Concept: Findings Risk asset prices have rebounded following the precipitous fall early in the year, while benchmark interest rates have declined, leading to an overall easing of financial conditions. Swift and bold actions by […]
Subject:Economy Context: Reserve Bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for ₹10,000 crores each on July 02, 2020 Concept: OMO Open market operations are the sale and purchase of government securities and treasury bills by RBI or the central bank of the country. The objective of OMO is to regulate the money supply in […]
Subject: Economy Context: Just one week left to pay first installment of the equalisation levy on e-Commerce companies. Concept: Equalization Levy was introduced in India in 2016-2017, with the intention of taxing the digital transactions i.e. the income accruing to foreign e-commerce companies from India. Equalization Levy is a direct tax, which is withheld at […]
Subject: Economy Context: Ministry of finance has disallowed the automatic carry forward of unspent money by various ministries and departments over the next month or quarter. It also decided that order restricting overall quarterly expenditure of certain ministries and departments to 15-20% of their budgeted amounts in the first quarter of this fiscal, will continue […]
Subject: Polity Context: India government has banned 59 apps originating from China by invoking its power under Section 69A of the Information Technology Act Concept: Reason Ministry of Electronics and Information Technology (MeitY) said it had received many complaints including several reports about misuse of some mobile apps available on Android and iOS platforms for […]