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Amendment to Finance Bill 2023

In News Recently, the Amended Finance bill 2023 was passed in parliament without discussion. About: In midst of protests by the opposition benches the Upper House returned the Jammu and Kashmir Appropriation Bill and the Finance Bill to the Lok Sabha without any discussion.  The Lok Sabha too cleared the bill without any discussion or […]

Understanding IMF Bailouts

In News IMF agrees to consider bailout plans for Sri Lanka amid an economic crisis in the country  About The International Monetary Fund (IMF) last week confirmed a $3 billion bailout plan for Sri Lanka’s struggling economy. The IMF plays a key role in promoting global economic stability through its policies, especially bailouts which have […]

India’s first cable-stayed rail bridge

In News Anji Khad bridge in Jammu’s Reasi district is a major step in the Indian Railways’ ambitious plan to seamlessly connect Kashmir to Jammu, and the rest of India. About the Project Anji Bridge, the first cable-stayed railway bridge in the country and  is part of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project. Anji River […]

Moray Eel

In News Researchers have discovered a new species of Moray Eel off the Cuddalore coast. About Moray eels, or Muraenidae are a family of eels found worldwide They have small Eyes and they rely mostly on their highly developed sense of smell, lying in wait to ambush prey.Their body is generally patterned. Moray Eels occur […]

Maharashtra & Climate Change

In News Recently released  Intergovernmental Panel on Climate Change (IPCC) ‘s Synthesis report paints a dull picture for Maharashtra. About The Synthesis Report integrates the main findings of the Sixth Assessment Report based on contributions from the three Working Groups, and the three Special Reports. The report highlights that Maharashtra will be one of the […]

Biotransformation Technology

In News A UK-based startup claims to have developed a Biotransformation Technology that could alter the state of plastics and make them biodegradable without leaving behind any microplastics About Biotransformation Technology It is a novel approach to ensure plastics that escape refuse streams are processed efficiently and broken down.  It was co-developed by the Imperial […]

Mega Textile Parks

In News  Recently the government announced seven mega textile parks under the scheme PM Mega Integrated Textile Regions and Apparel (PM MITRA). More about the PM MITRA Scheme Key highlights: The seven Mega Integrated Textile Region and Apparel (PM MITRA) parks will be set up at Greenfield or Brownfield sites located in different states. It […]

Armed Forces (Special) Powers Act (AFSPA)

In News The Union government has extended the Armed Forces (Special) Powers Act (AFSPA) in Arunachal Pradesh and Nagaland. At the same time, the AFSPA has been removed from several areas in Northeast India. About In Jammu and Kashmir (J&K) and Northeast India, the AFSPA is a contentious and unpopular law as it allows security […]

Electronics Manufacturing Cluster (EMC)

In News Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT announced the approval for setting up the Electronics Manufacturing Cluster (EMC) at Dharwad which is expected to create over 18,000 jobs. About The project is being set up at Kotur-Balur Industrial Area in the Dharwad District of Karnataka under EMC […]

Pradhan Mantri Ujjwala Yojana(PMUY)

In News Recently, Cabinet has approved targeted subsidies to Pradhan Mantri Ujjwala Yojana Consumers. About It has approved a subsidy of Rs.200 per 14.2 kg cylinder for up to 12 refills per year.  The subsidy is credited directly to the bank accounts of the eligible beneficiaries. Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. […]