ChinmayaIAS Academy - Current Affairs

Remission of Duties or Taxes on Exported Products (RoDTEP): Boosting India’s Exports

Introduction The Remission of Duties or Taxes on Exported Products (RoDTEP) scheme is a key government initiative aimed at enhancing the competitiveness of Indian exports in the global market.  Objectives of the RoDTEP Scheme The RoDTEP scheme was introduced in January 2021, replacing the Merchandise Exports from India Scheme (MEIS). …

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India Semiconductor Mission (ISM): Building a Domestic Chip Ecosystem

India Semiconductor Mission

Introduction The Indian government, recognizing the critical role of semiconductors in the digital age, launched the India Semiconductor Mission (ISM) in 2021. This initiative aims to address the country’s dependence on foreign chipmakers and foster a robust domestic semiconductor ecosystem Objectives of the ISM The ISM has a multi-pronged approach …

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Heat Waves in India: A Burning Challenge

heat waves in India

Concept Heatwaves, periods of abnormally high temperatures exceeding seasonal norms, are a growing concern in India. These scorching events pose a significant threat to public health, agriculture, and overall economic well-being. The Scorching Reality: Frequency and Intensity on the Rise India experiences heatwaves primarily between March and June, with the …

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National Agroforestry Policy 2014

national agroforestry policy

Introduction: The National Agroforestry Policy 2014 was introduced by the Government of India to promote sustainable agroforestry practices across the country. Key Objectives: Encourage widespread adoption of agroforestry to enhance income generation and livelihood security for farmers. Facilitate ecological sustainability by promoting the integration of trees with agriculture. Strengthen the …

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Green Bond

green bond

Concept Green bonds have emerged as a financial instrument aimed at channeling investments into environmentally sustainable projects. As the world grapples with climate change and environmental degradation, green bonds offer a mechanism to finance initiatives that mitigate environmental impact and promote sustainability. Definition of Green Bonds: Green bonds are debt …

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Election process in India

election process

Concept India, the world’s largest democracy, conducts elections of immense scale and complexity. The electoral process in India is governed by the Constitution and managed by the Election Commission of India (ECI), an autonomous constitutional authority. Electoral Machinery: Election Commission of India (ECI): An independent constitutional body responsible for administering …

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The Digital Personal Data Protection Act, 2023:

The Digital Personal Data Protection Act, 2023:

The Digital Personal Data Protection Act, 2023: The Digital Personal Data Protection Act (DPDP) Act, enacted by the Indian Parliament in August 2023, marks a significant step towards safeguarding the privacy of individuals in the digital age. This act regulates the processing of “digital personal data,” which encompasses any data …

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The Transplantation of Human Organs and Tissues Act (THOTA)

thota

Concept The Transplantation of Human Organs and Tissues Act (THOTA) was enacted in India in 1994 to regulate organ donation, retrieval, and transplantation. It aimed to prevent commercial dealings in organs and ensure ethical practices in organ transplantation. However, despite its noble intentions, several challenges persist in its implementation. Provisions …

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Sugarcane Pricing in India

sugarcane pricing

Introduction: Sugarcane is a vital cash crop in India, contributing significantly to the agricultural economy and the sugar industry. The pricing of sugarcane in India is regulated by the government through various mechanisms to ensure fair returns to farmers while maintaining stability in the sugar market. State Advised Price (SAP): …

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Open market sale scheme

open market

Introduction Under OMSS, Food Corporation of India  sells surplus stocks of wheat and rice under OMSS(Domestic) at predetermined prices through eauction in the open market from time to time. OMSS aims to enhance the supply of food grains, especially wheat, during the lean season, there by moderating the open market …

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