UPSC Daily Current Affairs

Rythu Bharosa Kendralu (RBKs): For UPSC Aspirants

Sep 14, 2023

Rythu Bharosa Kendralu (RBKs) have become integral to Andhra Pradesh's agricultural landscape with 10,778 established across the state. These institutions cater to diverse farming needs, from soil testing to extension services . In the months from April to June, RBKs collected a record-breaking 1.94 lakh soil samples for testing, demonstrating their commitment to soil health . Additionally, 21,731 agricultural graduates have been employed in villages to provide essential guidance . RBKs also employ technology, such as 'e crop,' for crop monitoring , en... Read More...

Pearl Millet: Adapting to Climate Change

Sep 14, 2023

What is pearl millet? Pearl millet is one of the oldest crops globally, belonging to the millet family. It's highly esteemed for its nutritional value and adaptability to arid regions. Why is pearl millet significant? Pearl millet plays a vital role in food security, particularly in semi-arid areas. It's drought-tolerant, making it resilient to challenging climate conditions. What challenges does pearl millet face? Climate change and sh... Read More...

Middle Powers in World Politics :India-centric View

Sep 14, 2023

What is a middle power? A middle power refers to a nation that holds a position between smaller or less influential states and larger superpowers in the international arena. India is considered a middle power due to its significant regional influence, growing economy, and diplomatic capabilities. Which countries, besides India, are middle powers, and why does India hold this status? Besides India, countries like Germany, Japan, Canada, Brazil, South Africa, Turkey, and Indonesia are consider... Read More...

Retail Inflation in India

Sep 14, 2023

Is India Estimating Retail Inflation Accurately? Why did retail price inflation increase in July? Retail price inflation in July was influenced by the outdated weightage assigned to food and beverage items in the Consumer Price Index (CPI), which is based on data from 2011-12. How does the weightage in the CPI affect inflation rates? The weightage assigned to different categories in the CPI can impact the overall inflation rate. When certain categories like food and beverages have a higher wei... Read More...

India,US and Apples

Sep 14, 2023

Explore the juicy details behind India's decision on apple imports and how it's shaping the market with SRIRAM's : Biting into Trade Dynamics. India's Decision to Remove Additional Duty on US Products Why did India remove additional duty on US products? India removed additional "retaliatory" duty on eight US products, including apples and walnuts , as part of a mutually agreed solution reached at the World Trade Organization (WTO). This solution aims to resolve trade disputes between India and the US. What was the impact of t... Read More...

Sebi's Game-Changing Move: Revolutionizing Trade Settlement in India with One-Hour Cycles

Sep 14, 2023

What is Sebi’s proposal regarding trade settlement? Sebi, the market regulator in India, is proposing to shorten the trade settlement cycle. Currently, trades are settled in T+1, which means one day after the trade. The new proposal aims to settle trades within just one hour of execution. When is Sebi planning to implement this change? Sebi plans to implement the one-hour trade settlement cycle starting in March 2024 if everything goes according to plan. How does this change compare to other countri... Read More...

E-Way Bill Surge: Full View

Sep 14, 2023

In August, E-way bill generation reached a record high of 9.34 crore , surpassing the previous high of 9.09 crore in March. This surge is attributed to companies dispatching higher volumes , mainly to meet festival demands . The rising number of registered taxpayers and improved compliance are contributing to the increase in E-way bills. This rise can impact GST revenue collection positively, as evidenced by past trends. While higher E-way bill generation is a positive sign for the economy , other factors like consumer spending , investment, and government policies also influence economic conditions. Additionall... Read More...

From T+1 to T+One Hour:SEBI

Sep 14, 2023

Mechanics and Significance What is Sebi’s proposal regarding trade settlement? Sebi, the market regulator in India, is proposing to shorten the trade settlement cycle. Currently, trades are settled in T+1, which means one day after the trade. The new proposal aims to settle trades within just one hour of execution. When is Sebi planning to implement this change? Sebi plans to implement the one-hour trade settlement cycle starting in March 2024 if everything goes according to plan.... Read More...

FDI in India

Sep 14, 2023

SRIRAM's IAS: Your Path to Mastering Foreign Direct Investment (FDI) India has seen a decade of robust FDI inflows, primarily from Mauritius and Singapore. FDI inflows decreased from $58.77 billion in FY22 to $46.03 billion in FY23. Importance of FDI: FDI is essential for stimulating domestic industries, fostering growth, and enhancing global competitiveness. Sector-Specific Analysis: Over 90% of FDI targets non-manufacturing sectors. Read More...

Catastrophe Unleashed by

Sep 14, 2023

In Libya, catastrophic flash floods triggered by"Storm Daniel"have resulted in massive destruction, especially in the eastern coastal city of Derna. The disaster, exacerbated by the breaking of river dams, has claimed at least2,300 lives,with around 5,000 people still missing and about 7,000 injured. Derna, home to 100,000residents, witnessed the collapse of multi-storey buildings along the riverbanks and the sweep... Read More...

Nipah Virus (NiV) Overview

Sep 14, 2023

Symptoms Fever Muscle pain Respiratory problems Encephalitis in severe cases (a potentially fatal condition characterized by inflammation of the brain) Some individuals can be asymptomatic but still carry and transmit the virus Transmission From animals to humans: Bats (primary natural hosts) Pigs Contaminated food Human to human: Direct contact with a patient Contact with bodily fluids of an infected person Fatality High case fatality ratio (between 40% and 75% in past outbreaks) Preventive Measur... Read More...

G20 Summit's Integrated Skills-Based Migration Pathways

Sep 13, 2023

What is the Integrated Skills-Based Migration Pathways initiative? The initiative aims to expand job opportunities globally for skilled professionals. It encourages the movement of skilled professionals between origin and destination countries, addressing global skill gaps and promoting the formalization of the workforce. This would be a sustainable method to finance social protection for all workers. How does this initiative benefit both the origin and destination countries? Leaders at the G20 summ... Read More...

RBI's Regulating Fintechs: Self-Regulatory Organisation(SRO)

Sep 13, 2023

In a proactive move, the Reserve Bank of India (RBI) has proposed that fintech companies establish a self-regulatory organization (SRO), a move widely regarded as a step in the right direction. The burgeoning fintech sector has rapidly empowered tens of millions of low-income individuals by affording them easier access to the formal economy. However, it currently operates in a regulatory gray area. Establishing an SRO would mean the first step towards implementing ethical standards within the industry. Fintech's Vital Role in the Economy Fintech com... Read More...

National Common Mobility Card (NCMC): Simplified

Sep 13, 2023

Imagine having a single card that allows you to effortlessly access metros, buses, trains, and make retail payments without the hassle of multiple cards or cash. That's the idea behind the National Common Mobility Card (NCMC), introduced in 2019 in India. What is NCMC? One Card for Everything: NCMC is a contactless card designed to serve as a universal payment method for various modes of transportation, including metros, buses, and trains, as well as for everyday retail purchases. How It W... Read More...

India-UK:Infrastructure Financing Bridge

Sep 13, 2023

An infrastructure financing bridge is a collaborative initiative between India and the UK aimed at planning and implementing major infrastructure projects. In this context: Niti Aayog: Niti Aayog is a policy think tank of the Indian government responsible for formulating and guiding policies and initiatives in various sectors, including infrastructure development. City of London Corporation: The City of London Corporation represents the governing body of the historic center of London, known as the "City of London." It pl... Read More...