GLOBAL DEBT CRISIS: INSIGHTS FROM INTERNATIONAL DEBT REPORT 2024 The International Debt Report 2024 by the World Bank and the UNCTAD report, A World of Debt 2024, shed light on the escalating global debt crisis. These reports highlight the challenges faced by developing nations in managing soaring debt levels and rising borrowing costs, exacerbated by
PRADHAN MANTRI AWAS YOJANA – URBAN 2.0 (PMAY-U 2.0): A PATHWAY TO HOUSING FOR ALL The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) aims to ensure affordable housing for economically weaker sections, low-income groups, and middle-class families in urban areas. With its renewed focus, the scheme emphasizes inclusive growth by addressing urban housing shortages while
PRADHAN MANTRI AWAS YOJANA – URBAN 2.0 (PMAY-U 2.0): A PATHWAY TO HOUSING FOR ALL The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) aims to ensure affordable housing for economically weaker sections, low-income groups, and middle-class families in urban areas. With its renewed focus, the scheme emphasizes inclusive growth by addressing urban housing shortages while
RBI RETAINS REPO RATE AMID HIGH INFLATION TOPIC: (GS3) ECONOMY: THE HINDU The Reserve Bank of India (RBI) has decided to maintain the policy repo rate at 6.5% for the 11th consecutive bi-monthly review. This decision by the Monetary Policy Committee (MPC) comes amid challenges of high inflation and slowing economic growth. Key Decisions by
UNVEILING THE 80-PILLAR ASSEMBLY HALL AT KUMHRAR, PATNA The Archaeological Survey of India (ASI) has initiated a significant project to uncover the remains of the 80-pillar assembly hall at Kumhrar, Patna, a site linked to the grandeur of the Mauryan empire. This initiative not only sheds light on India's rich historical and architectural legacy but
DRI REPORT: KEY HIGHLIGHTS ON SMUGGLING IN INDIA The Directorate of Revenue Intelligence (DRI) has released a report showcasing a marked rise in smuggling activities across India, including drug trafficking, illicit currency trade, and contraband cigarettes. It also outlines the challenges and strategies required to tackle these issues effectively. Key Findings of the DRI Report
REIMAGINING PLASTIC WASTE MANAGEMENT IN INDIA TOPIC: (GS3) ENVIRONMENT: THE HINDU India, one of the largest producers and consumers of plastic, faces critical challenges in managing plastic waste effectively. This issue has far-reaching environmental, health, and economic consequences. A sustainable and innovative approach is essential to address the growing plastic crisis. Key Sectors Relying on
MINING REGULATIONS IN INDIA The Indian mining sector is vital for economic development, but it faces significant challenges related to environmental sustainability, operational inefficiencies, and legal regulations. Recently, the central government permitted state governments to include non-mineralized areas within existing mining leases for waste management, addressing industry needs while adhering to environmental safeguards. Key Updates
INDIA’S ROLE IN THE ‘CHINA PLUS ONE’ STRATEGY The 'China Plus One' strategy reflects a global trend where companies aim to diversify their manufacturing and supply chains by establishing operations outside China. India, with its large market and economic potential, is seen as a promising destination for investments. However, despite opportunities created by the US-China
REFORMS IN MERCHANT SHIPPING TOPIC: (GS2) SOCIAL JUSTICE: THE HINDU India's maritime sector is undergoing a transformative phase with the introduction of the Merchant Shipping Bill, 2024 and the Coastal Shipping Bill, 2024. These Bills aim to address the outdated provisions of the Merchant Shipping Act, 1958 and the Coasting Vessels Act, 1838, providing a
THE NINETYEAST RIDGE AND ITS FORMATION The Ninetyeast Ridge, a 5,000-kilometer underwater mountain chain in the Indian Ocean, has long intrigued geologists. Traditionally believed to have formed from a stationary hotspot, recent research challenges this idea, suggesting the ridge was created by a moving hotspot. Key Findings of the Study Formation by a Moving
CUMBUM TANK IN ANDHRA PRADESH India has a rich history of water harvesting systems, showcasing ancient engineering marvels and sustainable practices. These systems not only supported agriculture and domestic use but also demonstrated the wisdom of water conservation adapted to local climatic conditions. The Cumbum Tank in Andhra Pradesh recently gained attention for its historical
