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World Bank’s analysis on poverty

In News  According to a new World Bank report, titled “Poverty and Shared Prosperity 2022: Correcting Course”, the Covid pandemic has been the biggest setback to global poverty alleviation in decades. About the report  It provides the latest estimates and trends in global poverty and shared prosperity. The recent report offers the first comprehensive look […]

Kamikaze Drones

In News Recently, Russia attacked Kyiv with a swarm of Iranian Kamikaze drones.  About Kamikaze drones These are made in Iran, where they are known as Shahed-136, which could be translated as “witness of faith” but also as “martyr”.  Unlike drones that return to base once missiles are launched, “kamikaze” or “suicide” drones are destroyed […]

NHAI’s InvIT

In News The Transport Ministry recently said that the InvIT Bonds are offering a high effective return of 8.05% per annum.  What is NHAI’s InvIT? NHAI InvIT is the infrastructure investment trust sponsored by the National Highways Authority of India (NHAI) to support the government’s National Monetisation Pipeline (NMP). It is a Trust established by […]

Pradhan Mantri Ujjwala Yojana

In News Recently, ahead of Assembly elections, Gujarat cuts VAT on CNG & PNG to give two free cylinders to Ujjwala beneficiaries. About Pradhan Mantri Ujjwala Yojana In 2016, the Ministry of Petroleum and Natural Gas (MOPNG) introduced the ‘Pradhan Mantri Ujjwala Yojana’ (PMUY). The scheme was launched from Ballia, Uttar Pradesh. It is a […]

Dr Dilip Mahalanabis

In News Recently, Dr. Dilip Mahalanabis, who was an Indian pediatrician known for pioneering the use of oral rehydration therapy to treat diarrheal diseases, passed away. About Dr. Mahalanabis Born on November 12, 1934 in West Bengal, he studied in Kolkata and London and later joined the Johns Hopkins University International Centre for Medical Research […]

Revenue Police System

In News  The demand to replace the ‘Revenue Police’ system in Uttarakhand has once again gained ground in the wake of the murder of 19-year-old Ankita Bhandari. About the Revenue Police system The system of revenue police was brought by the British over a century ago when crime in the hilly areas was low. The […]

Commodity Fetishism

In News In modern society, Commodity Fetishism  is accentuated by the use of brand names over quality or use-value of the product. About Commodity Fetishism Introduced in the first chapter of Karl Marx’s most ambitious project, Das Kapital, or Capital: A Critique of Political Economy, He applied his analysis of commodities in capitalism to society […]

PM Kisan Saman Nidhhi

In News  The Prime Minister of India released the 12th instalment of financial benefit worth ?16,000 crore to over 11 crore eligible farmers under the flagship PM-KISAN scheme. About PM-KISAN scheme  The Pradhan Mantri Kisan Samman Nidhi (PMKISAN) was launched  from Gorakhpur in Uttar Pradesh on 24 February 2019 to supplement financial needs of land […]

Green Crackers

In News Recently, the Chandigarh government has allowed the use of green crackers. About  Three Categories of Green Crackers: developed by the Council of Scientific and Industrial Research (CSIR). SWAS (Safe water releaser) Have a small water pocket/droplets which get released when burst, in the form of vapour. Suppresses the dust released by releasing water […]

‘One Nation, One Fertilizer’ Scheme

In News Recently the ‘One Nation, One Fertiliser’ scheme was launched.  More about the ‘One Nation, One Fertilizer’ scheme About: Under the scheme, all fertiliser companies, State Trading Entities (STEs) and Fertiliser Marketing Entities (FMEs) will be required to use a single “Bharat” brand for fertilisers and logo under the PMBJP. The new “Bharat” brand […]