Market Based Economic Despatch (MBED): Central Electricity Regulatory Commission (CERC) has released the Framework for Implementation of Market Based Economic Despatch (MBED) – Phase1 for lowering the cost of power purchase to Consumers. Implementing an Market Based Economic Despatch (MBED) is an essential next step in reforming electricity market operations and in moving towards “One […]
Corbett National Park : Now Ramganga National Park
Corbett National Park : Now Ramganga National Park Union Minister for Environment, Forest and Climate Change Ashwini Kumar Choubey proposed to change the name of Corbett National Park to Ramganga National Park. Jim Corbett’s name has lent itself to India’s oldest and most celebrated national parks and to the cottage industry that has grown around […]
World Bank GDP Projection For India
World Bank GDP Projection For India: According to the World Bank, India’s economy, South Asia’s largest, is expected to grow by 8.3% in the fiscal year 2021-22. The South Asia economic focus report projects the region to grow by 7.1% in 2021 and 2022. It is a biannual economic update presenting recent economic developments and […]
Monetary Policy Report: RBI
Monetary Policy Report: RBI The Reserve Bank of India (RBI) has released the Monetary Policy Report (MPR) for the month of October 2021. It kept the policy rate unchanged for the Eighth time in a row maintaining an accommodative stance till the recovery is durable. Unchanged Policy Rates: Repo Rate – 4%. Reverse Repo Rate […]
India And China Patrols Face Off In Tawang
India And China Patrols Face Off In Tawang: Chinese soldiers were detained, let off later. Face-offs occurred because of the differing areas of perception due to the demarcated boundary, and as both sides undertook patrolling activities up to their line of perception. Tawang was historically part of Tibet. The 1914 Simla Accord defined the McMahon […]
Stubble Burning
Stubble Burning: The Commission for Air Quality Management has said that a reduction in the area under paddy cultivation in Haryana, Punjab and Uttar Pradesh, as well as a shift away from paddy varieties that take long to mature, could see a reduction in stubble burning this year. Reasons for this: The total paddy area […]
Palk Bay Scheme
Palk Bay Scheme: The Union Government is considering increasing the unit cost of deep-sea fishing vessels under the Palk Bay scheme to make it more attractive to fisherfolk. Palk Bay scheme: Launched in July 2017 under the Blue Revolution programme. The scheme is financed by the Union and the State Governments with beneficiary participation. It […]
Daily Current Affairs for UPSC IAS: 9th October 2021
Today Current Affairs: 9th October 2021 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Nobel Prize For Literature 2021
Nobel Prize For Literature: Abdulrazak Gurnah, 72, who was born in Zanzibar and now lives in the UK, became the fifth African writer to win the Nobel Prize for Literature, after Nigerian writer Wole Soyinka (1986), Egyptian Naguib Mahfouz (1988), and South African writers Nadine Gordimer (1991) and John M Coetzee (2003). He is the […]
Countering America’s Adversaries Through Sanctions Act (CAATSA)
Countering America’s Adversaries Through Sanctions Act (CAATSA) In the first such signal to New Delhi, visiting US Deputy Secretary of State Wendy Sherman has indicated that Washington might reconsider slapping sanctions on the Indian government when New Delhi takes delivery of five Russian-built S-400 Triumf anti-aircraft missile systems in a US$5.5 billion deal later this […]
