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GS Paper 3

27th October – SVAMITVA Scheme

SVAMITVA Scheme In a historic move set to transform rural India and empower millions of Indians, Prime Minister Shri Narendra Modi has launched the physical distribution of Property Cards under the SVAMITVA Scheme. What is ‘SVAMITVA Scheme’? SVAMITVA is a Central Sector Scheme of the Ministry of Panchayati Raj, which was launched by the Prime …

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26th October – Solar Energy in India

The emerging solar landscape in India Solar energy is considered as the most abundant energy resource on this planet. The basic science behind the creation of solar energy is that the Hydrogen atoms in the Sun’s core combine to form Helium which generates energy through the process of nuclear fusion. Then it can be trapped and used as a renewable energy source which is very helpful for society …

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24th October – Promotion of nutri-cereals

Promotion of nutri-cereals During the recent speech on ‘World Food Day’, Prime Minister made focus on the production of millets, also now known as “nutri-cereals”. Giving examples of nutri-cereals like jowar, bajra and ragi, PM Modi also shared how the Food and Agriculture Organisation (FAO) has endorsed India’s call for declaring 2023 as the “International …

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23rd October – Digital Payments

Digital payments Digital payments have found strong ground, especially in India, increasingly relegating all other modes of payments to the background. It is through a faster system of simultaneous debits and credits that the money value is transferred from one account to the other across banks. With such versatility and ease of settling financial transactions, …

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22nd October – Defence Offsets

Defence Offset Policy Recently, the government diluted the “offset” policy in defence procurement. Many contend that the move is a setback for augmenting domestic capabilities or for realising the goal of Atmanirbhar Bharat. Offset clause – Large buyers of defence equipment and advanced technologies such as India seek to exercise their “buying power” to secure …

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20th October – National Green Tribunal

National Green Tribunal This October 18 marked the 10th anniversary of the National Green Tribunal, or NGT. Few ministries can boast of as varied, diverse, and challenging a mandate as the Ministry of Environment and Forests. The downside to this vast and all-encompassing scope, which covers forests, wildlife, environment, climate change and coastal protection, is …

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19th October – Taxing agricultural income

Taxing agricultural income In a white paper on black money released in May 2012, the Central Board of Direct Taxes admitted that: Giving credit to agricultural income for income-tax purposes without verification of claim allows an avenue for bringing black money into the financial system as agricultural income. In 2014, the Tax Administration Reforms Commission …

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14th October – Regulating Gene Editing

The Nobel Prize in Chemistry for 2020 has two women scientists as its recipients. The two scientists have pioneered the use of CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) – Cas9 (CRISPR-associated protein 9) system as a gene-editing tool. In a short period of eight years since its discovery, the method has already made a …

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13th October – Minimum Support Price (MSP)

MSP in the age of surplus MSP (Minimum Support Prices) regime was the creation of the era of scarcity in the mid-1960s. Indian agriculture has, since then, turned the corner from scarcity to surplus. The policy instruments of dealing with shortages are different from those dealing with surpluses. In a surplus economy, unless we allow …

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10th October – Natural Gas Market Reforms

Natural Gas Market Reforms Petroleum Minister Dharmendra Pradhan has announced the ‘natural gas marketing reforms’ that the Cabinet Committee on Economic Affairs cleared recently. These reforms just reinforces how twisted India’s policies are, how reforms are mostly made in a piecemeal manner; that, of course, is the main reason why they don’t deliver as much …

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