Welfare Scheme Debate: Welfare schemes and direct cash transfers now define India’s socio-political landscape but raise concerns about fiscal sustainability and development impact. Welfare Schemes are Direct cash transfers such as pensions, unemployment benefits, and aid for women (e.g., PM-KISAN).
Pandit Madan Mohan Malviya
Pandit Madan Mohan Malviya: Prime Minister paid tribute to educationist and social reformer Pandit Madan Mohan Malviya on his birth anniversary.Born on December 25, 1861, in Allahabad, Uttar Pradesh.Education: Studied at Muir Central College, Allahabad, graduating in 1884. He Began as a teacher, later practiced law at Allahabad High Court, and transitioned to politics and […]
Real Effective Exchange Rate (REER)
Real Effective Exchange Rate (REER): The real effective exchange rate (REER) index of the rupee touched a record 108.14 in November, strengthening by 4.5 per cent during this calendar year, according to the latest RBI data.REER is a weighted average of a nation’s currency value against the currencies of its trading partners, adjusted for inflation.
Rooppur Nuclear Power Plant
Rooppur Nuclear Power Plant: The Rooppur Nuclear Power Plant in Bangladesh, a landmark project built with Russian collaboration under Rosatom, has recently faced allegations of irregularities.Rooppur Nuclear Power Plant situated in Rooppur, Ishwardi Upazila, Pabna District. Built by: Constructed by Rosatom, Russia’s state nuclear corporation. River bank: Located along the Padma River.
Employees Provident Fund Organisation
Employees Provident Fund Organisation: The Employees’ Provident Fund Organisation (EPFO) achieved a significant milestone with a net addition of 13.41 lakh members in October 2024.Established in: 1952 under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952. Administering Ministry: Ministry of Labour and Employment. Aim: To ensure social security for the organized sector workforce through […]
Global Warming : Study
Global Warming: Study The year 2024 marked a grim milestone as global temperatures breached the 1.5°C threshold for the first time.Global warming refers to the long-term increase in Earth’s average temperature due to the accumulation of greenhouse gases (GHGs) like carbon dioxide (CO₂), methane (CH₄), and nitrous oxide (N₂O) in the atmosphere, primarily caused by […]
Dodo
Dodo: Kashmiri artisans are reviving the memory of the extinct dodo (Raphus cucullatus) through papier mache art, with over 50,000 colourful models exported to markets in Europe.Scientific Name: Raphus cucullatus.IUCN Status: Extinct (1681).
Daily Current Affairs for UPSC IAS: 26th December 2024
Today’s Current Affairs: 26th December 2024 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Lesotho
Lesotho: India dispatched a consignment of 1000 metric tonnes of rice as part of its humanitarian assistance to Lesotho. Lesotho is an enclaved nation located within the territory of South Africa. It has a population of about 2.3 million and a per capita Gross Domestic Product (GDP) of $878.0 in 2023. It is classified as […]
Golden Visa Programme
Golden Visa Programme: The Spain’s Congress has approved the termination of the controversial Golden Visa programme. It is a residence by investment plan, which grants temporary residency to foreign nationals in exchange for a significant donation or investment in real estate, business, or other fields is known as a “Golden Visa.” High-net-worth individuals (HNWIs) often […]
