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29th September – Carbon Tax

Carbon Tax One way to cut carbon effluents while earning revenues is to price the carbon content of domestic production and imports, be it energy or transport. With the International Monetary Fund endorsing the European Union’s plan to impose carbon levies on imports, India can be among the first movers in the developing world in …

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Prelims Booster

29th September – Prelims Booster

Green Strategic Partnership India and Denmark have agreed to elevate India-Denmark relations to a Green Strategic Partnership. What is ‘Green Strategic Partnership’? The Green Strategic Partnership is a mutually beneficial arrangement to advance political cooperation, expand economic relations and green growth, create jobs and strengthen cooperation on addressing global challenges and opportunities; with focus on …

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Cess

28th September – Cess

Cess The Comptroller and Auditor General (CAG) of India, in its latest audit report of government accounts, has observed that the Union government withheld in the Consolidated Fund of India (CFI) more than ₹1.1 lakh crore out of the almost ₹2.75 lakh crore collected through various cesses in 2018-19. Why is it objectionable? The CAG …

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Cybersecurity

26th September – Cybersecurity

Growing cyber-risks – Cybersecurity Recent revelations about cyber-spying and surveillance have highlighted the multiple lacunae in India’s cybersecurity regulatory regime for protecting data privacy. Recent threats – It has been alleged that a Chinese firm, Zhenhua Data Information Technology, keeps tabs on 10,000-odd Indian citizens. There have also been revelations about Facebook misusing permission granted …

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Prelims Booster

26th September – Prelims Booster

National Medical Commission The National Medical Commission Bill envisaged the creation of a National Medical Commission (NMC) to replace the erstwhile Medical Council of India. In line with this objective, the National Medical Commission (NMC) has been constituted along with four Autonomous Boards. Details – This new body would be responsible for the medical accreditation …

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Women

25th September – Leadership of women

Leadership of women What do Germany, Taiwan and New Zealand have in common? These are all countries that have women heading their governments. And although they are located in three different continents, the three countries seem to have managed the pandemic much better than their neighbours. Much along the same lines, a detailed recent study …

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Prelims Booster

25th September – Prelims Booster

National Biopharma Mission The National Biopharma Mission was approved by the Cabinet in 2017 with an aim to transform the health standards of the country through affordable product development and bring 5-7 biopharmaceutical products closer to market. Objectives of the Mission – Objectives and goals of the Mission are – Specific Product development under vaccines, …

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Bilateral Netting

24th September – Bilateral Netting

The importance of Bilateral Netting The Government of India has just placed – the Bilateral Netting of Qualified Financial Contracts Bill, 2020 in the Parliament. The new law will allow financial institutions to ‘net’ out their exposures against each other rather than have to manage exposure on a gross basis. What is ‘bilateral netting’? Netting …

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