OVER 40% GOVT. SCHOOLS DON’T HAVE POWER, PLAYGROUNDS
Focus: GS-II Social Justice Why in news? Almost half of government schools in the country don’t have any electricity or playgrounds, according to a parliamentary panel on education. It identified shortfalls in both budgetary funding and utilisation, resulting in critical infrastructure gaps. Concerns of the Parliamentary Standing Committee The Parliamentary Standing Committee on Human Resource […]
NCLT APPROVES COCHIN SHIPYARD’S TEBMA PLAN
Focus: GS-III Industry and Infrastructure, Indian Economy Why in news? The Chennai bench of the National Company Law Tribunal (NCLT) has approved the ₹65-crore resolution plan submitted by Cochin Shipyard Limited for Tebma Shipyards Limited. NCLT noted that the resolution plan value was lower than the liquidation value of about ₹89.09 crore. However, it said […]
SENSEX PLUNGES 2.3% ON COVID-19, YES BANK
Focus: GS-III Indian Economy Why in news? A mix of domestic and global negative factors drove Indian equity benchmarks down more than 2% on 6th March 2020. On the global front, almost all leading equity markets across the world lost ground on 6th March as the number of people infected by COVID-19 crossed the 10,000-mark […]
CONTAINMENT IS HIGHEST PRIORITY: WHO
Focus: Prelims, GS-II International Institutions Why in news? All countries should make containing the outbreak of COVID-19 their top priority, The World Health Organisation (WHO) said on 6th May. WHO The World Health Organization (WHO) is a specialised agency of the United Nations that is concerned with world public health. It was established on 7 […]
ENFORCEMENT DIRECTORATE (ED) QUESTIONS KAPOOR
Focus: GS-II Governance Why in news? Yes Bank’s founder Rana Kapoor was brought to the Enforcement Directorate’s (ED) office in Mumbai for questioning in connection with a money-laundering case against him. Note: No need to go through the Details of the case for this news article Enforcement Directorate The Directorate of Enforcement (ED) is a […]
DICGC: RELEVANCE IN THE WAKE OF YES BANK ISSUE
Focus: GS-III Indian Economy, Economic Development Deposit Insurance and Credit Guarantee Corporation (DICGC) Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary of Reserve Bank of India. It was established on 15 July 1978 under the Deposit Insurance and Credit Guarantee Corporation Act, 1961. Hence, it is a Statutory body. It was […]
JAGANNATH TEMPLE IN TROUBLE WITH YES BANK DESPOSITS
Focus: GS-I Art and Culture Why in news? The imposition of restriction on withdrawal of money from Yes Bank imposed by RBI on 5th March 2020, spells trouble as ₹545 crore belonging to Shree Jagannath Temple is deposited in the bank. Shree Jagannath temple The Shree Jagannath Temple of Puri is an important Hindu temple […]
INDIA JOINS INDIAN OCEAN COMMISSION AS OBSERVER
Focus: GS-II International Relations, Prelims Why in news? India has joined as an observer of the Indian Ocean Commission — the inter-governmental organisation that coordinates maritime governance in the south-western Indian Ocean — a move that will bolster Delhi’s Indo-Pacific vision. What are the benefits? This move has strategic importance as the Commission is an […]
SUPREME COURT UPHOLDS 2018 ORDER ON LAND ACQUISITION
Focus: GS-II Governance Why in news? The Supreme Court on 6th March 2020, reaffirmed its February 2018 ruling on Section 24 on land acquisition compensation awards, given by a three-judge bench What is Land Acquisition Act, 2013? Land Acquisition Act, 2013 is an Act of Indian Parliament that regulates land acquisition and lays down the procedure […]
ONGC HAS BEGUN WORK ON MEGA EAST COAST PROJECT IN KRISHNA GODAVARI BLOCK
Focus: GS-III Industry and Infrastructure, Prelims Why in news? Oil and Natural Gas Corporation Ltd (ONGC) has tested the first deep-water well at its largest block in the Krishna Godavari basin. India’s Current stand on Clean Energy India’s emerging green economy is reordering the country’s energy mix to meet its global climate change commitments. These […]