A GREEN WEALTH TAX IN BUDGET 2024 TOPIC: (GS3) ECONOMY – SOURCE: THE HINDU The Indian government is set to introduce a green wealth tax in the Budget 2024, aimed at addressing critical issues such as unemployment and inequality. This initiative, part of the Indian Green Deal (IGD), seeks to leverage wealth tax revenues to
MOIDAMS OF THE AHOM DYNASTY AND THEIR WORLD HERITAGE PROPOSAL The 'Moidams' of the Ahom dynasty have been nominated for inclusion in the World Heritage Sites list during the 46th session of the World Heritage Committee, which India will host in New Delhi in July 2024. Currently, UNESCO's World Heritage list features 1,199 properties from
BHIL PRADESH The Bhils, one of India's oldest tribes, are advocating for a separate state called "Bhil Pradesh." This demand has gained momentum in Rajasthan and neighboring states. Who are the Bhils? Oldest Tribe: Bhils are among India's oldest tribes, belonging to the Dravidian racial group of Western India and the Austroloid group of tribes.
UNION BUDGET 2024-2025 Concept of Budget A budget is an annual financial plan detailing expected income and expenditures over a specific period, typically one year. It serves as a strategic tool for managing financial resources, guiding economic decisions, and setting financial goals. Objectives of a Budget Resource Allocation: Ensures efficient use of available resources to
NEIGHBOURHOOD FIRST APPROACH IN THE MEA'S AID DISTRIBUTION The Union Budget 2024-25 of India has highlighted the Ministry of External Affairs' (MEA) plans for development assistance, emphasizing strategic partners and neighbouring countries. This approach aligns with India's Neighbourhood First Policy, aiming to enhance regional connectivity, cooperation, and stability. Distribution of Development Aid The MEA has
2024 UNAIDS GLOBAL AIDS UPDATE The 2024 UNAIDS Global AIDS Update, titled "The Urgency of Now: AIDS at a Crossroads," provides an overview of the current state of the HIV/AIDS epidemic and the global response to it. This report highlights the progress made in the fight against AIDS, ongoing challenges, and recommendations to achieve the
BUDGET 2024: LONG ON INTENT, SHORT ON DETAILS TOPIC: (GS3) ECONOMY – SOURCE: THE HINDU The 2024 Budget presented by the Union Finance Minister focuses on three main aspects: intentions and vision for "Vikist Bharat@2047", addressing unemployment, and specific initiatives for generating employment. However, it lacks specific details on how these goals will be achieved.
SUPREME COURT VERDICT ON GM MUSTARD The Supreme Court recently delivered a split verdict on the decision of the Centre to grant conditional approval for the environmental release of Genetically Modified (GM) mustard crops. This decision has brought significant attention to the subject and will now be reviewed by a three-judge Bench of the Supreme
AMRAVATI AND ANDHRA BUDDHISM Recently, a substantial financial aid of Rs 15,000 crore has been allocated to Andhra Pradesh for the development of its capital city, Amravati. This has brought renewed attention to Amravati, a site of historical and spiritual importance in Andhra Pradesh. Historical Evolution Discovery and Early Recognition: In the late 1700s, Raja
STATES HAVE UNLIMITED RIGHT TO TAX MINERAL-RICH LANDS: SC TOPIC: (GS2) POLITY AND GOVERNANCE – SOURCE: THE HINDU The Supreme Court of India, in a landmark judgment, has upheld the states' unlimited right to tax mineral-rich lands. This ruling reinforces the principle of fiscal federalism, emphasizing the autonomy of state legislatures to levy taxes on
BRIDGING THE UNEMPLOYMENT-EMPLOYABILITY GAP IN INDIA India, as the world's fifth-largest economy, is at a crucial stage in its economic journey. The vision for a 'Viksit Bharat' by 2047 depends significantly on closing the unemployment-employability gap. The Union Budget 2024-25 highlights this priority with substantial allocations for education, employment, and skill development. However, the challenge
KARGIL VIJAY DIWAS 2024 Kargil Vijay Diwas is celebrated every year on July 26 to honor the valor and sacrifice of Indian soldiers during the Kargil War (1999). What is Kargil Vijay Diwas? Kargil Vijay Diwas or Kargil Victory Day is observed annually on July 26 in India. This day commemorates India's victory in the
