Sovereign Gold Bond Scheme: The Central government announced the calendar for Sovereign Gold Bonds (SGB) that will be issued in four tranches, from October 2021 to March 2022. The SGB scheme was launched in November 2015 with an objective to reduce the demand for physical gold and shift a part of the domestic savings – […]
Category: Current Affairs
Global Agricultural Productivity Report (GAP Report)
Global Agricultural Productivity Report (GAP Report): According to a new report, Global agricultural productivity is not growing as fast as the demand for food, amid the impact of climate change. The report was released in conjunction with the World Food Prize Foundation’s annual conference. Findings of the Report: Total Factor Productivity (TFP) is growing at […]
G7 Digital Trade Principles
G7 Digital Trade Principles: The Group of Seven (G7) wealthy nations agreed on a joint set of principles to govern cross-border data use and digital trade. The deal is a first step in reducing trade barriers, and could lead to a common rulebook of digital trade. Earlier, India attended the 47th G7 Summit as a […]
Public Safety Act (PSA) – J&K
Public Safety Act (PSA): After the killings of non-locals in Jammu and Kashmir around 700 people have been detained in the union territory, a few under the stringent Public Safety Act (PSA). Powers of government under the Public Safety Act: Also called the Jammu & Kashmir Public Safety Act (PSA), 1978, it is a preventive […]
Singapore International Arbitration Centre (SIAC)
Singapore International Arbitration Centre (SIAC): The Singapore-based arbitrator, SIAC, has rejected Future Retail’s plea to lift the interim stay on its ₹24,713-crore deal with Reliance Retail, giving a major relief to Amazon that is contesting the transaction. This order now restrains Future Group and Reliance Industries Limited from proceeding with a Rs 24,713-crore deal signed […]
Turkey On FATF Grey List
Turkey On FATF Grey List: The Financial Action Task Force (FATF) has added Turkey, along with Jordan and Mali, in its revised list of “jurisdictions under increased monitoring”, also known as the FATF grey list. There are now 23 countries in the list. If countries fail to prevent international money laundering and terrorist financing, then […]
Uighurs
Uighurs: Forty-three countries have called on China to “ensure full respect for the rule of law” for the Muslim Uighur community in Xinjiang. The declaration accused China of a litany of human rights violations against the Uighurs, including torture, forced sterilisation and forced disappearances. China should allow immediate, meaningful and unfettered access to Xinjiang for […]
UDAN Day: UDAN 4.0 Scheme
UDAN scheme: The Government of India has identified 21st October as UDAN Day, the day on which the scheme document was first released. The scheme is aimed at enhancing connectivity to remote and regional areas of the country and making air travel affordable. It is a key component of Centre’s National Civil Aviation Policy led […]
BharatNet Project
BharatNet Project: Tamil Nadu FibreNet Corp signs agreement for BharatNet project implementation. The project aims at providing 1 Gbps bandwidth connectivity to all Gram Panchayats. BharatNet Project was originally launched in 2011 as the National Optical Fibre Network(NOFN) and renamed as Bharat-Net in 2015. It seeks to provide connectivity to 2.5 lakh Gram Panchayats (GPs) […]
New Gene Editing Technique
New Gene Editing Technique: Even as the Centre investigates allegations that unauthorised genetically modified (GM) rice was exported to Europe, it is yet to decide on a research proposal from its own scientists which would allow plants to be genetically modified without the need for conventional transgenic technology. Scientists at the Indian Agricultural Research Institute […]
