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Current Affairs 06 July 2024

CONTENTS  Focus on Fiscal Decentralisation and Urban Financial Sustainability by the 16th Finance Commission Context: Recent developments surrounding the 16th Finance Commission (FC) in India underscore crucial issues related to fiscal decentralisation, especially concerning urban areas and their financial sustainability within the federal structure. Additionally, the World Bank has estimated a need for USD 840 […]

PIB Summaries 06 July 2024

CONTENTS Sampoornata Abhiyan Context: Recently, NITI Aayog launched the ‘Sampoornata Abhiyan’ witnessing significant participation from citizens across the country. Relevance: GS II: Government policies and Interventions About Sampoornata Abhiyan: Exercise NOMADIC ELEPHANT Context: India-Mongolia Joint Military Exercise NOMADIC ELEPHANT is scheduled to be conducted from 03rd to 16th July 2024 in Umroi, Meghalaya. Relevance: GS […]

Editorials/Opinions Analysis For UPSC 06 July 2024

CONTENTS Growing Inequality Context: The Indian economy needs to create over 25 million jobs in the next five years to employ all those currently unemployed. The government has claimed that the economy grew at a robust 8% last year based on GDP. However, even if this growth rate is accurate, it has not translated into […]