BOOSTING EXPORTS FROM MSMES The National Institution for Transforming India (NITI) Aayog recently released a report titled "Boosting Exports from MSMEs," focusing on facilitating smaller firms' access to export markets through e-commerce platforms. This initiative aims to enhance the competitiveness of Micro, Small, and Medium Enterprises (MSMEs) and foster their growth in the global market.
INDIA’S TOP 1% INCOME, WEALTH SHARES HAVE REACHED HISTORICAL HIGHS TOPIC: (GS3) ECONOMY – SOURCE: THE INDIAN EXPRESS The World Inequality Lab released a paper indicating historical highs in India's top 1 percent income and wealth shares. Authored by economists Nitin Kumar Bharti, Lucas Chancel, Thomas Piketty, and Anmol Somanchi, the paper draws parallels between
ONLY 10 COUNTRIES HAD HEALTHY AIR QUALITY IN 2023: REPORT India faces a severe air quality crisis, as highlighted by the World Air Quality Report 2023 by the Swiss organization IQAir. This report identifies India as the world's third most polluted country, with significant health implications for its population. Key Highlights of the World Air
MODEL CODE OF CONDUCT COMES INTO FORCE FOR 2024 LOK SABHA ELECTIONS. The Model Code of Conduct (MCC) plays a pivotal role in maintaining the integrity and fairness of elections in India. Recently, with the announcement of voting dates for the Lok Sabha elections 2024 by the Election Commission of India (ECI), the MCC has
ELON MUSK’S NEURALINK SHOWS BRAIN-CHIP PATIENT PLAYING ONLINE CHESS TOPIC: (GS3) SCIENCE AND TECHNOLOGY – SOURCE: THE GUARDIAN Neuralink, founded by Elon Musk in 2016, is a pioneering American neurotechnology company aiming to enhance human capabilities through brain-computer interfaces. Recently, Neuralink achieved a significant milestone by livestreaming its first patient, Noland Arbaugh, who successfully controlled
INTEGRATED OMBUDSMAN SCHEME(RB-IOS) The Reserve Bank of India (RBI) has reported a significant spike of 68.2% in complaints under its Integrated Ombudsman Scheme (RB-IOS) for the financial year 2023, reaching a staggering figure of 703,000. This surge marks a substantial increase compared to previous years, indicating a growing trend in grievances related to financial services.
LOW-CARBON ACTION PLAN (LCAP) Bihar has embarked on a significant initiative to bolster its waste management profile through the formulation of a Low-Carbon Action Plan (LCAP) for the waste and domestic wastewater sector. This strategic endeavor aligns with Bihar's commitment to becoming a Net Zero state by 2070. Components of the Low-Carbon Action Plan (LCAP):
DELHI CHIEF MINISTER ARVIND KEJRIWAL ARRESTED IN EXCISE POLICY CASE: ALLEGATIONS OF CONSPIRACY AND CORRUPTION SURFACE TOPIC: (GS2) POLITY AND GOVERNANCE – SOURCE: INDIAN EXPRESS Arvind Kejriwal, the Chief Minister of Delhi, was arrested due to his involvement in the excise policy case, marking a significant event in Indian political history. The Delhi Excise Policy
GLOBAL METHANE TRACKER 2024 The International Energy Agency (IEA) released its Global Methane Tracker 2024, highlighting concerning trends in methane emissions worldwide. Methane emissions from fuel usage reached near-record levels in 2023, underlining the urgency of addressing this potent greenhouse gas. Major Highlights of Global Methane Tracker 2024: Methane Emissions Overview: In 2023, methane emissions
FAIR SHARE FOR HEALTH AND CARE REPORT The World Health Organization (WHO) recently unveiled its "Fair Share for Health and Care" report, shedding light on the persistent gender gap in global healthcare. Key Highlights of the Report: Gender Disparities in Health and Care Workforce: Women constitute 67% of the paid global health and care workforce
WHY IS THE EU PROBING BIG TECH UNDER THE DIGITAL MARKETS ACT? TOPIC: (GS2) INTERNATIONAL RELATIONS– SOURCE: REUTERS The European Union has launched probes into tech giants Apple, Alphabet (Google), and Meta (Facebook) under the Digital Markets Act (DMA) for potential violations. These investigations aim to ensure fair competition and protect consumers' interests in the
CINEMATOGRAPH (CERTIFICATION) RULES, 2024 The Ministry of Information and Broadcasting has introduced the Cinematograph (Certification) Rules, 2024, as part of the Cinematograph (Amendment) Act, 2023, replacing the outdated regulations from 1983. These rules aim to modernize and streamline the film certification process in India, aligning it with contemporary technological advancements and audience expectations. Key Aspects