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Framework for Sovereign Green Bonds

In News Recently, the Ministry of Finance has finalized the framework to issue Sovereign Green Bonds in line with global standards. The issuance would be in line with the Budget announcement. About green bonds Meaning: Green bonds are financial instruments that generate proceeds for investment in environmentally sustainable and climate-suitable projects.  The phrase green bond […]

Ranthambore National Park

In News Recently, the National Green Tribunal (NGT) has ordered that the Ranthambore Festival (musical festival) can be held only if it is permitted by the authorities. Ranthambore National Park It is a national park in Rajasthan. It was declared one of the Project Tiger reserves in 1973 and became a national park on 1 […]

Harlequin frogs

In News  Researchers confirmed that many harlequin frogs once believed to be extinct are persisting. The harlequin frog genus was hit exceptionally hard by the fungus and over the past four decades, experts believed that upwards of 80 per cent of its species were driven to extinction. About Harlequin frogs They are typically small to […]

Pashmina and Shahtoosh

In News  Traders of Pashmina shawls are complaining that “obsolete testing methods” have resulted in many of their export consignments being flagged for presence of ‘Shahtoosh’ guard hair.  About  Pashmina: It  is obtained from breeds of mountain goats ( capra hircus) found in the Changthang Plateau in Tibet and parts of Ladakh, in the Himalayan […]

Nirav Modi Extradition

In News Recently ,the High Court in London rejected the appeal of fugitive diamond merchant Nirav Modi and ordered his extradition to India. About Extradition  Extradition is the formal process whereby a State requests from the requested State the return of a person accused or convicted of a crime to stand trial or serve a […]

Uttarakhand Foundation Day

Context Recently, Uttarakhand celebrated its 22nd Foundation Day. About Uttarakhand (Capital: Dehradun) was formed on 9 November 2000 by joining several districts from the Northwestern part of Uttar Pradesh and a portion of the Himalayan Mountain range as the 27th state of India.  The state is divided into Garhwal and Kumoan divisions. The four most […]

Groundwater Extraction in India – CGWB Report

In News Groundwater extraction in India saw an 18-year decline according to an assessment by the Central Ground Water Board (CGWB). Such joint exercises between the CGWB and States/Union Territories were carried out earlier in 1980, 1995, 2004, 2009, 2011, 2013, 2017 and 2020.  Major Highlights of the report by CGWB  Over-exploitation:  Overall decrease in […]

Mangrove Alliance for Climate (MAC)

In News Recently, the UAE and Indonesia launched the “Mangrove Alliance for Climate”on the sidelines of the UN climate summit COP27, being held in Sharm El Sheikh in Egypt. About the Alliance As part of this alliance, an international mangrove research centre will be established in Indonesia which will conduct studies on mangrove ecosystem services […]

Pradhan Mantri Awas Yojna-Gramin (PMAY-G)

In News Recently, the Union Ministry of Finance has approved an advance of Rs. 13,000 crore for the Pradhan Mantri Awas Yojna-Gramin (PMAY-G) scheme from the Contingency Fund of India. Key Points Total Outlay:  The Rs 13,000-crore tranche is over and above the outlay of Rs 20,000 crore provided for PMAY-G in the Union Budget […]

Broadcasting ‘socially relevant’ Content

In Context Recently, the Union Cabinet has approved the new guidelines for television channels in India. More about the news About: The new guidelines are for uplinking and downlinking of television channels in India. Under the guidelines, all the stations holding permission would have to broadcast content on issues of national importance and social relevance […]