This year, at COP27 in Egypt, a dizzying array of topics was on the table for discussion — from the more familiar emissions reductions to the more detailed rules to govern carbon markets. But of significance to developing countries, India included, are the stories to do with climate finance. As …
Read More »GS3
RUSSIA OFFERS ADVANCED FUEL OPTION FOR KUDANKULAM PLANT
The Russian state-owned nuclear energy corporation Rosatom has offered a more advanced fuel option to India’s largest nuclear power station at Kudankulam, which will allow its reactors to run for an extended two-year cycle without stopping to load fresh fuel. Rosatom’s nuclear fuel division, TVEL Fuel Company, is the current …
Read More »STATES ASK CENTRE TO CURB ITS CESS HABIT
Several States, including some governed by the BJP, on Friday urged the Centre to rein in its reliance on raising revenues through cesses and surcharges which reduce their share in the divisible pool of taxes. They also sought greater fiscal support to help revive the economy and reiterated demands for …
Read More »GOVT. FORMS PANEL TO LOOK INTO MGNREGA’S EFFICACY
The Central government has constituted a committee to review the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme, especially to assess the programme’s efficacy as a poverty alleviation tool. The committee, headed by former Rural Development secretary Amarjeet Sinha, had its first meeting on Monday, and …
Read More »PRECISION FARMING DEVELOPMENT CENTRE (PFDC)
Government of India has setup 22 Precision Farming Development Centres (PFDCs) in all the agro climatic zones of the country with an aim to develop and disseminate regionally differentiated technologies on Precision Farming such as Micro Irrigation and hi-tech agriculture (vertical farming, hydroponics aeroponics, protected cultivation, plasticulture) and to maximize …
Read More »SEBI’S PLANS TO TACKLE MARKET RUMOURS
Background: The Securities and Exchange Board of India (SEBI) on November 12 floated a consultation paper proposing measures to effectively tackle market rumours. It reviewed disclosure requirements for material events and information under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. What was the need for review? The central premise of …
Read More »INDIA GROWTH TO SLOW TO 5.9% IN 2023
India’s economic growth is expected to slow to 5.9% in 2023, from 6.9% in 2022, Goldman Sachs said in its India 2023 outlook report. “Growth will likely be a tale of two halves, with a slower first half as the reopening boost fades, and monetary tightening weighs on domestic demand. …
Read More »AVAILABILITY OF WHEAT AND RICE STOCKS IN INDIA
Regulation of wheat and atta exports has helped control their prices, the Union Food and Public Distribution Ministry said here on Wednesday. Food and Public Distribution Secretary Sanjeev Chopra told presspersons that the increase in the prices came down from 15% to 5% after the regulation. Chopra said the Centre decided to …
Read More »ISRO TO LAUNCH OCEANSAT-3,
The Indian Space Research Organisation (ISRO) will launch Earth Observation Satellite-06 (EOS-06) and eight nano satellites on November 26. The Polar Satellite Launch Vehicle (PSLV-C54) will launch the satellites at 11.56 a.m. from the Satish Dhawan Space Centre in Sriharikota. The EOS-06 is a third-generation satellite in the Oceansat series. …
Read More »CLIMATE CHANGE PERFORMANCE INDEX (CCPI, 2023)
India has been ranked amongst top 5 countries in the world, and the best among the G20 countries, based on its Climate Change performance. India jumps 2 spots higher, and is now ranked 8th as per Climate Change Performance Index (CCPI, 2023) published by German Watch, New Climate Institute and Climate …
Read More »RBI’S CONCERNS ON SLOW DEPOSIT GROWTH
Background: The Governor, Deputy Governor and a few other senior officials of apex banking regulator, the Reserve Bank of India (RBI), met MD and CEOs of public and certain private sector banks on November 16. Acknowledging the role played by private commercial banks in supporting economic growth during the pandemic …
Read More »EUROPE TO BE HIT HARDEST IN GLOBAL SLOWDOWN, SAYS OECD
The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown, with Europe hit hardest, the OECD said, adding that fighting inflation should be policymakers’ top priority. National outlooks vary widely, with the U.K.’s economy set to lag major …
Read More »POWER REQUIREMENT OF STATES
Tamil Nadu’s power requirement is expected to touch 1,86,106 million units in 2031-32, from 1,09,914 million units in 2021-22, according to the 20thElectric Power Survey of India report from the Central Electricity Authority (CEA) that functions under the Union Ministry of Power. The CEA conducts the survey of the country …
Read More »PM KISAN
PM KISAN Scheme is a Central Sector Scheme to supplement financial needs of land holding farmers. Financial benefit of Rs. 6000 per year is transferred into the bank accounts of farmer families through direct benefit transfer. Certain categories of higher economic status are excluded from the scheme. This ambitious scheme, …
Read More »A TRANSFORMING INDIA WITH VISIONS OF 10 TRILLION-DOLLAR ECONOMY
Firefighting and fireproofing as national responses to crises are concepts that merit serious study in the emerging global geopolitical, geo-economic and security landscapes. Firefighting attaches itself to reactive responses to crises that arise from a lack of preparedness, lack of capacity, lack of national will and cohesion between different instruments …
Read More »ISRO TO ATTEMPT 200TH SUCCESSFUL LAUNCH OF SOUNDING ROCKET IN A ROW
The Indian Space Research Organisation (ISRO) will attempt the 200th consecutively successful launch of the Rohini RH-200 sounding rocket on Wednesday from Thumba here. Former President Ram Nath Kovind will be present at the Vikram Sarabhai Space Centre (VSSC), ISRO’s lead unit on launch vehicles, to witness the launch. The …
Read More »T.N. MAHOUTS AND CAVADIES SET TO TRAIN IN THAILAND
Thirteen mahouts/cavadies from the Anamalai and Mudumalai Tiger Reserves are set to visit the Thai Elephant Conservation Centre in Thailand for training and capacity building to learn how to manage camps and look after elephants better. The programme will involve an expenditure of ₹50 lakh, and tiger foundation funds will …
Read More »INDIA’S FIRST PRIVATE ROCKET LIFTS OFF FROM ISRO SPACEPORT
The six-metre-tall launch vehicle Vikram-S is named after Vikram Sarabhai; the rocket is developed by the Hyderabad-based start-up Skyroot Aerospace Private Limited It was a historic moment when Vikram-S, India’s first privately-developed rocket, lifted off precisely at 11.30 a.m. on Friday from Indian Space Research Organisation’s (ISRO) launchpad in Sriharikota. …
Read More »BAMBOO FRUITS TRIGGERS RAT BOOM
A study spanning 13 years has shed interesting light on flowering in Melocanna baccifera, a tropical bamboo species that has long fascinated researchers for its association with the occurrence of ‘bamboo death,’ ‘rat floods’ and famines in northeast India. Among other things, researchers detected a correlation between the sugar content in …
Read More »NEW DOCTRINE FOR INDIAN AIR FORCE
There is a deafening crescendo around the pitch for aatmanirbharta in the field of the defence inventory and not a day passes without the media featuring stories on some breakthrough or the other about indigenisation. Things have improved vastly but what is debatable is whether these events are being guided by some …
Read More »