Governance

Unemployment

Unemployment is defined as the condition of being without a job despite actively seeking employment and possessing the necessary qualifications, skills, and willingness to work. Types of Unemployment Frictional Unemployment: Temporary joblessness when individuals are between jobs or changing careers. Structural Unemployment: Occurs due to a mismatch between job seekers’ …

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Liberalised Remittance Scheme (LRS)

The Reserve Bank of India (RBI) has permitted resident individuals to open Foreign Currency Accounts at International Financial Services Centres (IFSCs) in GIFT City, Gujarat, under the Liberalised Remittance Scheme (LRS). Details: Authorised Persons: These are entities authorised by the RBI, such as banks and designated FX dealers, to facilitate …

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Expunction in Parliamentary Proceedings

Context The first special session of the 18th Lok Sabha concluded amid disputes regarding the removal of remarks made by Opposition leaders in both Houses of Parliament. Expunction refers to the parliamentary procedure where specific remarks are removed from the official records. Rules Governing Expunction Article 105: Grants MPs the …

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Financial Devolution to Urban Local Bodies (ULBs)

Despite the efforts initiated by the 11th Finance Commission, financial devolution to urban areas remains inadequate. Municipalities suffer from poor fiscal health, and rapid urbanization without sufficient fiscal measures hinders development. Financial Devolution to Urban Local Bodies (ULBs) India allocates only 0.5% of its GDP to ULBs, whereas countries like …

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Sustainable Development in the Indian Himalayan Region

GS-3: Key Environmental Concerns in the Indian Himalayan Region, Recent Supreme Court Judgments Support Environmental Conservation Efforts, The Indian Himalayan Region (IHR) is widely recognized as India’s “water tower” and a vital provider of essential ecosystem goods and services. Despite this critical understanding, there remains a significant disconnect between the …

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The Panchayat (Extension to Scheduled Areas) Act 1996

The PESA Act 1996 was enacted to empower Scheduled Tribes by recognizing them as key political stakeholders. Historical Background: Tribal communities in India have faced marginalization and exclusion from mainstream political and economic systems. They have encountered challenges such as displacement, loss of land and resources, and cultural erosion. The …

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National Monetisation Pipeline (NMP)

Unlocking Value in Infrastructure The NMP is a government initiative launched in the 2021-22 Union Budget to leverage private sector expertise for infrastructure development. It focuses on monetizing core government assets (roads, railways, power) through partnerships, not privatization (ownership transfer). Goals and Benefits: Generate Rs 6 lakh crore over four …

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GREAT Scheme for textile sector in India

Introduction: The GREAT Scheme is an initiative by the Ministry of Textiles, Government of India. It aims to boost innovation and entrepreneurship in the technical textiles sector. Objectives: Promote research and development: GREAT encourages scientists, technologists, and startups to translate their ideas into commercially viable products and technologies for technical …

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