Targeting UPSC CSE

A certificate course on innovative construction technologies named NAVARITIH (New, Affordable, Validated, Research Innovation Technologies for Indian Housing) 

  Express Cargo  as a product is the fastest way of transporting all your valuable  cargo  in the quickest possible time, let goods move at optimal speed and efficiency along the supply chain under the surveillance of expert team.

 Ensures speedy clearance and distribution. Central Board of Indirect Tax and Customs, CBIC amended regulations to facilitate import and export of COVID vaccines through courier where Express Cargo  Clearance System (ECCS) is operational ECCS is an automation programme to carry out clearance process under the Courier Imports and Exports (Electronic Declaration and Processing ) Regulations, 2010

  Fee has been reduced to 8% of Adjusted Gross Revenue, after setting off service tax, as opposed to 10% on Gross Revenue now.     India has which 6 crore  television sets  operate on DTH  out of   18 crore .   The I&B Ministry claimed that the revised guidelines would help in fair degree of stability and bring in new investments. Since the DTH sector was a highly employment intensive sector, these changes would increase employment opportunities DTH's Beliefs: N o pricing powers since New Tariff Orders (NTO) for television.. Any high fee would, therefore, be anomalous, in their view. The broadcasters, on the other hand, have approached the courts against the amended NTO issued in January, which increased the available channels for a mandated network capacity fee paid to platforms like DTH, reduced the maximum price of pay channels in bouquets, and curbed price rigging using bouquet arrangements. These are measures that strike a blow for the c...

RBI has constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation of payments across the country.  March 2018 as the base period. DPI indicates appreciable growth in DPI 2020 (207.84 ) from DPI 2019 (153.47). RBI-DPI compromise FIVE Broad Categories Payment Enablers Payment infrastructure  Demand and supply side factors Payment performance Consumer Centricity

 Established At District Ri-Bhoui in Meghalaya   in 2004 and remained non functional for many years . Revived by North Eastern Regional Agricultural Marketing Corporation NERAMAC, a PSU under aegis of  Ministry of Development of North Eastern Region ( Mininstry of DoNER)

  The IOSCO works closely with the G20 nations and the Financial Stability Board (FSB), in setting up the standards for strengthening the securities markets as Global Standard setter for Securities sector IOSCO is the international organisation bringing togeher World's Securities Regulators, covering more than 95% of worlds's securities markets. SEBI  is a  member  of the  IOSCO  Board, the governing and standard-setting body of the  IOSCO , which is comprised of 34 securities regulators.

Project "Deepening and Optimisation of inner Harbour Facilities including Development on Western Dock" mode: Build, Operate and Transfer (BOT) basis under PPP Mode  Paradip Port: Paradip Port Trust (PPT), a Major Port under Government of India and administered under the Major Port Trusts Act, 1963. Commissioned in 1966 as a mono commodity port for export of iron ore . It is a natural, deep-water port on the East coast of India in Jagatsinghpur district of Odisha .  It is situated at confluence of the Mahanadi river and the Bay of Bengal.

According to the OECD, Bill and Keep is defined as "A pricing scheme for the two-way interconnection of two networks under which the reciprocal call termination charge is zero - that is, each network agrees to terminate calls from the other network at no charge"

 Interconnection Usage Charge (IUC) is charge paid by a telecom operator to another on whose network subscriber's voice was completed. Progressive step that removed the need to monitor call termination data and make IUC payments (6 Paise per minute since 2017). It should spur an expansion of high capacity networks, going beyond 2G and 3G. Indian Telecom market is dense and poised for growth, yet as per Economic Survey 19-20, in Telecom sector, intense competition reduced no. of private players. Telecom providers must focus on reliable call quality and competitive tariffs policy. TRAI, now introduced Bill and Keep Arrangement . Challenges for Telecom Sector Ensuring consumer welfare as well as keeping Telecoms remunerative. Badly prices spectrum, which could lead to auction failures lack of genuine competition and, providing cost effective quality services.

 Fiscal Deficit shoots up to 135% of budgetary target of 20-21. Revenue Deficit crossed 140% of budgetary target of 20-21.

  The  Eight Core Industries  comprise 40.27 per cent of the weight of items included in the  Index  of Industrial Production (IIP). The  eight core industries   include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity. The Index of Eight Core industries - by Office of Economic Adviser in  DPIIT . Fertilizer remains the only sector to have recorded growth in first 8 months of 2020-21 amid pandemic.

 Four issues De-criminalisation of stubble burning Safeguarding Power subsidy Repeal of 3 farm market laws Legal Guarantee of MSP for farm produce Government agreed to not to penalise stubble burning and to safeguard power subsidies. Government should also take in consideration that : Subsidised power and lopsided incentive structures have built cropping patterns that are no longer sustainable.  Large sections of farmers meanwhile continue to languish in debt and fear.  Farmer concerns are not uniform across India. Reforms are necessary to ensure that India has a productive, sustainable and remunerative agriculture sector. The r eports of the National Commission on Farmers , chaired by Prof. M.S. Swaminathan, and other government committees have suggested solutions.  The Centre must engage with the farmers, political parties and States on the economic and  environmental issues at stake.

  The rapid decline in growth rates (2018-19 and 2019-20) triggered the rise in unemployment, the pandemic made it worse and the unplanned lockdowns exacerbated the situation. 130 million persons lost their jobs or livelihoods. The abiding lesson of 2020 is that a nation will suffer if there is a decline in three measures — work, wealth and welfare. work is pleasurable, enhances esteem, earns rewards and determines one’s standing among peers and in the society-at-large. By last count, the unemployment rate in India was 8.7 % (CMIE, December 22, 2020) . In between, there are people who do not wish to join the work force and there are people who are home workers who are not counted as part of the work force.  If the GDP grows, wealth is enhanced, and the average share of a citizen in the pie (per capita income) is larger. A combination of unemployment and slow (or negative) growth will impact welfare.  Food, healthcare and social security are indeed important, but welfare g...

 Government Procures farm produce at MSP through Food Cooperation of India. FCI is mandated to procure any amount of  produce (notified by CACP), which meets the standard set by government, from the farmer. Issues with procurement: Financial Burden on Government: They incur loss during buying and selling at less cost combined with financial expenses of storage and transportation.  Food wastage. Reduced supply in market due to procurement, causing increase in food inflation which in turn effect customers. Human resource required to man and provide services in FCI godowns. Leakages during transportation from FCI Godowns and PDS outlets. How to deal with the losses when these government-procured stocks are unloaded in the market, as they will invariably incur losses. And if stocks keep piling up, as is the case with wheat and rice today, how do we correct this imbalance in demand and supply?  In that case, either limit the size of procurement or go for price deficiency ...

L aunched in June 2020 amid the  pandemic . It is a micro-credit facility that provides street vendors a collateral-free loan of Rs 10,000 with low rates of interest for a period of one year. the scheme – part of the AtmaNirbhar Bharat package – has received 31,64,367 applications from across the country (except from S ikkim, which is officially not taking part in it). Why Launched?   nationwide lockdown left daily wage workers and  street vendors  out of work.   In the long term , it aims at establishing a credit score for the vendors as well as creating a digital record of their socio-economic status , so that they can avail the Central government schemes later. The scheme also attempts to  formalise the informal sector of the economy and  provide them safety nets and  a means of availing loans in the future. This loan charges below 12% rate of interest, and creates a credit score of the vendors, so that if they repay the loan on ...

National Agricultural Cooperative Marketing Federation of India Ltd. NAFED  was established on the auspicious day of Gandhi Jayanti on 2nd October 1958.HQ at New Delhi. NAFED is an apex organization of marketing cooperatives for agricultural produce in India.

I n all these years since the MSP was given birth to in 1965 through a newly-constituted Agricultural Prices Commission, now renamed as Commission for Agricultural Costs and Prices and the Food Corporation of India (FCI), only 6 per cent of farmers and broadly, 6 per cent of the value of agri-produce has benefitted from this system.  NSSO's Situation Assessment survey, 70th round revealed in 2012-13 , Only 6% of farmers sold their produce at MSP, majority of them were from Punjab-Haryana Belt. after that there is no survey available. Asking for making MSP a statutory binding even on the private sector will turn out to be anti-farmer as much of the private trade will shun such a system, leading to chaos.