REWORKING NET-ZERO, DECLARATIONS OF CARBON-NEUTRALITY
Context: At the latest count by the non-profit Energy and Climate Intelligence Unit (ECIU) 32 countries had declared, in some documented form, their proposed intention to achieve carbon neutral status by mid-century or thereabouts. Of these, only eight have any firm status, the rest being in the form of proposed legislation or mentions in policy […]
7th & 8th April 2021 – Editorials/Opinions Analyses
Contents 2 Editorials: Reworking net-zero, Declarations of carbon-neutrality 2 Editorials: REWORKING NET-ZERO, DECLARATIONS OF CARBON-NEUTRALITY Context: At the latest count by the non-profit Energy and Climate Intelligence Unit (ECIU) 32 countries had declared, in some documented form, their proposed intention to achieve carbon neutral status by mid-century or thereabouts. Of these, only eight have any […]
RBI’S MPC KEEPS POLICY RATES UNCHANGED
Context: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4%. Relevance: GS-III: Indian Economy (Economic Growth and Development in India, Monetary Policy) Dimensions of the Article: Instruments of Monetary Policy RBI’s MPC decision Highlights of what was said by the RBI […]
AVERAGE SPOT POWER PRICE AT IEX JUMPS 65%
Context: Average spot power price rose by 65% per unit in March compared to the year earlier month at the Indian Energy Exchange (IEX) mainly due to increase in demand on account of rise in temperature and revival of economic activities. The electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of […]
GOVT. TO REBOOT DATED OPIUM STRATEGY
Context: The Central government has decided to rope in the private sector to commence production of concentrated poppy straw from India’s opium crop to boost their yield of alkaloids, used for medical purposes and exported to several countries. Relevance: GS-III: Agriculture, GS-III: Indian Economy (International Trade, Mobilization of Resources) Dimensions of the Article: About the […]
Current Affairs for UPSC IAS Exam – 08 April 2021 | Legacy IAS Academy
Contents RBI’s MPC keeps policy rates unchanged Average spot power price at IEX jumps 65% Govt. to reboot dated Opium strategy RBI’S MPC KEEPS POLICY RATES UNCHANGED Context: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted unanimously to leave the policy repo rate unchanged at 4%. Relevance: GS-III: Indian Economy […]
Current Affairs for UPSC IAS Exam – 07 April 2021 | Legacy IAS Academy
Contents Govt issues Tribunals Reforms Ordinance President appoints N.V. Ramana as CJI CVC officers to be transferred every 3 years GOVT ISSUES TRIBUNALS REFORMS ORDINANCE Context: The government has issued an ordinance which does away with certain appellate tribunals and transfers their functions to other existing judicial bodies. Recently, the government also introduced a bill […]
CVC OFFICERS TO BE TRANSFERRED EVERY 3 YEARS
Context: The Central Vigilance Commission (CVC) has modified the guidelines pertaining to the transfer and posting of officials in the vigilance units of government organisations, restricting their tenure to three years at one place. The tenure may be extended to three more years, albeit at a different place of posting. Relevance: GS-II: Polity and Governance […]
PRESIDENT APPOINTS N.V. RAMANA AS CJI
Context: Indian President Ram Nath Kovind appointed Justice N.V. Ramana as Chief Justice of India with effect from April 24. Relevance: GS-II: Polity and Governance (Constitutional Provisions, Judiciary, Appointment of Supreme Court Judges and CJI) Dimensions of the Article: Qualifications for Appointment as Judge of the Supreme Court Appointment of Judge of the Supreme Court […]
GOVT ISSUES TRIBUNALS REFORMS ORDINANCE
Context: The government has issued an ordinance which does away with certain appellate tribunals and transfers their functions to other existing judicial bodies. Recently, the government also introduced a bill in the Lok Sabha to abolish some tribunals where the public at large is not litigant. However, since the bill could not get parliamentary nod, […]