Concept : Plastic pollution is a major environmental threat, harming ecosystems, wildlife, and human health. The global plastic waste problem is projected to worsen significantly without robust intervention. In recognition of this urgency, the United Nations Environment Assembly (UNEA) passed a resolution in 2022 to develop a new global treaty …
Read More »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). …
Read More »Heat Waves in India: A Burning Challenge
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 …
Read More »INDOSRI LANKA agreement on 1974
Introduction The term “Katchatheevu” translates to “barren island” in the Tamil language. Situated in the Palk Strait, Katchatheevu Island spans approximately 285 acres and remains uninhabited. It lies between India and Sri Lanka, serving as a point of geographical significance in the region. Katchatheevu Island Located 33 km northeast of …
Read More »Industrial Alcohol -Centre and State Laws for its Regulation
Concept : Industrial alcohol, unlike alcoholic beverages, is not meant for human consumption (denatured). It finds applications in various sectors, including manufacturing pharmaceuticals, disinfectants, chemicals, and even biofuels. Constitutional Framework: State List (Entry 8): Entry 8 in the State List grants states authority over intoxicating liquor legislation, including production, possession, …
Read More »PMLA: Combating Money Laundering and Financial Crimes
Concept : The Prevention of Money Laundering Act (PMLA), enacted by the Indian government, targets money laundering and associated financial offenses. Enacted in 2002, the PMLA aims to prevent and control money laundering activities and confiscate proceeds of crime derived from illicit activities. Key Provisions: Offences and Penalties: The PMLA …
Read More »Anti Dumping Duty – protection of Domestic Industries by WTO
Concept : Governments impose anti-dumping duties as a trade remedy measure to protect domestic industries from unfair competition resulting from the dumping of goods by foreign producers. Dumping: Dumping refers to the practice of exporting goods to another country at prices lower than their normal value, typically the price in …
Read More »Agni Prime Ballistic Missile: Forefront of India’s Defence by DRDO
TABLE OF CONTENTS News Concept Understanding Ballistic Missiles News: The new generation ballistic missile Agni-Prime was successfully flight-tested by the Strategic Forces Command (SFC) along with the Defence Research and Development Organisation (DRDO) from the Dr APJ Abdul Kalam Island off the coast of Odisha Concept : The Agni Prime …
Read More »Exchange Traded Currency Derivatives
TABLE OF CONTENTS News Concept Types of Exchange-Traded Currency Derivatives Currency Options News: The Reserve Bank of India (RBI) Thursday deferred the implementation of norms on exchange-traded currency derivatives (ETCDs) linked to Indian rupee until May 3 following concerns by investors. Concept : Derivatives are financial instruments whose value is …
Read More »Allocation of Election Symbol
Concept The Election Symbols (Reservation and Allotment) Order, 1968 is a significant legal document in Indian electoral law. It was issued by the Election Commission of India (ECI) under the authority granted by the Representation of the People Act, 1951. This order primarily deals with the reservation and allotment of …
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