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V-shaped Recovery

In News The FY23 growth would be about 70% on a year-on-year basis and mark a ‘V-shaped’ recovery for the aviation sector. V-shaped Recovery About: It is a type of economic recession and recovery that resembles a “V” shape in charting.  It involves a sharp rise back to a previous peak after a sharp decline […]

Strengthening Cybersecurity

Context The reported illegal offer for sale of the private data of some 30 million railway passengers is the latest incident highlighting the dangers of an insecure, yet digitally enabled economy.  About Earlier Incidents: This breach comes on the heels of a cyber-ransom attack targeting the county’s top medical institution (AIIMS).  Recent Concerns: India registers […]

Arecanut/Areca Palm

Context A Lok Sabha member urged the Union government to levy a hefty import duty on arecanut to check falling prices in the domestic market. Areca Nut/Areca Palm About:  Usually referred to as Areca palm, but has also been called yellow palm, butterfly palm, yellow butterfly palm, cane palm and golden feather palm. The arecanut […]

CAG Report on Plastic Waste Management

In News Recently, the CAG, in an audit report, has said that plastic waste management rules could not be implemented effectively. Report highlights No action plan with ministry: The Ministry of Environment, Forest and Climate Change (MoEF&CC) has no action plan for the implementation of Plastic Waste Management Rules 2016, as a result, plastic waste […]

Trade agreements with Australia and UAE

In News Recently, Various export promotion councils (EPCs) praised the trade agreements signed by India with the UAE and Australia. They said that these agreements will help India in boosting its exports by granting preferential access to those markets for Indian products.  More about the news The recent pacts: India–UAE Comprehensive Economic Partnership Agreement (CEPA) […]

Green Methanol

In News Recently, the NTPC (National Thermal Power Corporation) has signed a non-binding MOU with Tecnimont (Italy) to explore production of green methanol. The green methanol project involves capturing carbon from NTPC power plants and converting it into a green fuel.   NTPC comes under the ministry of power. Green methanol About: Green methanol is a […]

US Tax Credit Scheme for Electric Vehicles

In News Starting January 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle (EV). About Tax Credit Scheme About: A credit of up to $7,500 will be offered to people who buy certain new electric vehicles as well as some plug-in gas-electric hybrids and hydrogen fuel […]

‘GNB1 Encephalopathy’ Disease

Context Researchers at the Indian Institute of Technology (IIT), Madras, Tel Aviv University and Columbia University are studying a rare genetic brain disease called “GNB1 Encephalopathy” and trying to develop a drug to treat it effectively.  GNB1 Encephalopathy GNB1 Encephalopathy is a kind of brain disease or neurological disorder which affects individuals in the foetus […]

Pushing for Free Trade Agreements

Context In recent times, the Indian government has been actively pursuing free trade agreements (FTAs) with a wide range of countries. Current Scenario After initially fighting against the Free Trade Agreements (FTA), the Government has now started rooting for it.  Many pacts have been signed with different countries like Australia and the UAE and many […]

Rashtriya Gokul Mission (RGM)

In News Recently, the Union Minister of Fisheries, Animal Husbandry & Dairying in the Parliament highlighted the status of Rashtriya Gokul Mission (RGM). Rashtriya Gokul Mission (RGM) About: The scheme is continued under a revised and realigned scheme of the Department from 2021-22 to 2025-26 with an allocation of Rs.2400 crore. RGM information on the […]