Pawan Hans Context: The government recently approved the sale of its stake in Pawan Hans Ltd. along with transfer of management control to an entity called Star9 Mobility Pvt. Ltd. at a price of ₹211.14 crore, pegging the firm’s total value at ₹414 crore. About: […]
Impact of freebies on Indian Economy Context: • In an address delivered at the Delhi School of Economics last week, N.K. Singh, the chairperson of the 15th Finance Commission, warned about how the race to provide freebies to voters could be a “quick path to […]
Crop Diversification Context: • The Department of Agriculture & Farmers Welfare (DA&FW) is implementing the Crop Diversification Programme (CDP), a sub-scheme of Rashtriya Krishi Vikas Yojana (RKVY) in the Original Green Revolution States viz; Haryana, Punjab & Western Uttar Pradesh since 2013-14 to divert the […]
Rupee Based Trading of Oil Context: • As the Western sanctions has hit the Russian Dollar based trading, it is looking to switch to trade in Chinese Yuan and the rupee. • But the Ministry in India has clarified that India will not trade with […]
Status of Sagarmala Project Context: • As a part of Sagarmala Programme, more than 800 projects at an estimated cost of around Rs. 5.48 lakh crore have been identified for implementation. Sagarmala projects includes projects from various categories such as modernisation of existing ports and […]
Plant Varieties Registry Context: • A unique variety of rice bred by a Karnataka based farmer has been recognised for its salient features and qualities by the Plant Varieties Registry, Government of India, which has issued its stamp of approval. Background: • To ensure the […]
Strategic Implications of Melting down of The Arctic Context: • Arctic region is the one which is extremely affected by climate change, it is warming three times faster than the rest of the world. • This will have an impact on the global shipping routes […]