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Category: current affairs

CURRENT AFFAIRS – 27/07/2023

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Shedding more light on the debt dilemma M. Govinda Rao is a former Member of the Fourteenth Finance Commission. He is currently Chief Economic Adviser, Brickwork Ratings The elevated levels of India’s fiscal deficit and public debt have been a matter of concern for a long time in India. Even before the COVID-19 pandemic, debt levels were among the highest in the developing world and emerging market economies. The pandemic pushed the envelope further and relative to GDP, the fiscal deficit in 2020-21 increased to 13.3% and the aggregate public debt to 89.6%. As the economy recovered after the pandemic,…

CURRENT AFFAIRS – 26/07/2023

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Arrived at consensus on ties in Bali: China This is the first time either side has suggested that the Bali meeting had included any substantial conversation.PTI SUHASINI HAIDAR ANANTH KRISHNAN NEW DELHI Prime Minister Narendra Modi and Chinese President Xi Jinping reached a “consensus” to restore bilateral ties during their meeting in Bali last year, said China, the first time either side has suggested that the meeting between the two leaders at a dinner had included any substantial conversation. The claim was made in a Chinese Foreign Ministry statement issued after a meeting between National Security Adviser (NSA) Ajit Doval…

CURRENT AFFAIRS – 25/07/2023

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ISRO to launch PSLV-C56 carrying Singapore’s new imaging satellite Space bound: Preparations on for the launch of PSLV-C56 carrying Singapore’s DS-SAR satellite along with 6 other satellites. The launch vehicle is configured in its core-alone mode, similar to that of C55; it will launch DS-SAR, a 360 kg satellite into a near-equatorial orbit; the Synthetic Aperture Radar payload in the satellite will provide all-weather day and night coverage THE HINDU BUREAU BENGALURU The Indian Space Research Organisation on Monday announced that the PSLV-C56 carrying Singapore’s DS-SAR satellite will be launched on July 30 from Sriharikota. The PSLV-C56 carrying DS-SAR satellite will…

CURRENT AFFAIRS – 22/07/2023

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Modi raises aspirations of Tamils with Ranil Boosting ties: Prime Minister Narendra Modi with Sri Lankan President Wickremesinghe in New Delhi on Friday. R.V. MOORTHY PM calls for implementation of 13th Amendment and provincial elections in the island country;  Sri Lankan President lauds India for support offered during financial crisis over the past year KALLOL BHATTACHERJEE  NEW DELHI India expects Sri Lanka to implement the 13th Amendment and ensure a “life of dignity and respect” for its Tamil population, Prime Minister Narendra Modi said on Friday. Welcoming Sri Lankan President Ranil Wickremesinghe to India, Mr. Modi said both sides had held talks on…

CURRENT AFFAIRS – 21/07/2023

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Why is Kerch Bridge attack significant? Broken relations: Kerch Bridge, linking the Russian mainland to the Crimean Peninsula, after an explosion. The Russians claimed that Ukrainian Waterborne drones struck the bridge, which is a vital supply link for the Russian troops in the south of Ukraine.  What is the strategic importance of the bridge? Is Ukraine behind this attack? How did Russia respond? What was the key objective of the Ukrainian counteroffensive? Why did Russia withdraw from a UN-brokered grain deal? What guarantees did Ukraine get from its Western allies at the NATO summit? STANLY JOHNY EXPLAINER The story so…

CURRENT AFFAIRS – 20/07/2023

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Cong. brings in Bill promising minimum income in Rajasthan This is the closest a Congress government has come since its 2019 promise to implement NYAY, a minimum income guarantee programme; Chief Minister Ashok Gehlot says it is the ‘right’ of people to be able to live their life with dignity SOBHANA K. NAIR  NEW DELHI Congress-led Ashok Gehlot government on Tuesday introduced ‘The Rajasthan Minimum Guaranteed Income Bill, 2023’ in the Assembly, in what is likely to be the last session before the State goes to polls in less than four months. The Bill, for the first time in the…

CURRENT AFFAIRS – 19/07/2023

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A push for GM mustard disregarding science, the law Aniket Aga is an anthropologist and author of ‘Genetically Modified Democracy: Transgenic crops in contemporary India’ A determined battle by environmentalists in the Supreme Court of India against Delhi University’s genetically modified (GM) herbicide-tolerant (HT) mustard is all that stands between GM food and Indian farmers and consumers. GM crops are quite different from conventional varieties and hybrids, such as those developed by farmers, agricultural research institutions and companies. Biotechnologists insert select genes at a random location in the DNA of a plant to develop a GM crop. The insertion makes…

CURRENT AFFAIRS – 18/07/2023

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A common civil code spelling equality for every Indian Pulapre Balakrishnan is an economist The 22nd Law Commission has called for responses to a proposal for a Uniform Civil Code in India. This has set off a debate, which has often been acrimonious. But the debate itself is much needed as Indians have never been consulted on the personal laws they are governed by. These laws were instituted by the British colonial government by giving a cursory hearing to the clergy, or religious scholars in the case of religions without one. The result was a religion-based set of personal laws…

CURRENT AFFAIRS – 17/07/2023

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Govt. sets up new panel to review all NSO data It replaces a committee which examined economic datasets only; move follows sharp critiques f India’s statistical machinery; new panel to advise govt. on surveys, identify and plug data gaps VIKAS DHOOT  NEW DELHI The Union government has constituted a new internal oversight mechanism for official data, revamping a Standing Committee on Economic Statistics (SCES) set up in late 2019, soon after the findings from the last round of household surveys on consumption expenditure and employment were junked over “data quality issues”. In an order issued last Thursday, the Statistics Ministry…