About The Angel Tax
Context: Recently, the Union Minister for Finance proposed to abolish ‘angel tax’ for all classes of investors, while presenting the Union Budget 2024-25 in Parliament. Relevance: GS III: Indian Economy Angel Tax Definition: Legal Basis: Tax Rate: Exemption for Startups (2019): Investor Conditions: Purpose: -Source: The Hindu
About The Skill Loan Scheme
Context: The finance minister recently announced a revision to the model skill loan scheme, which will now facilitate loans up to Rs 7.5 lakh backed by a guarantee from a government-promoted fund. Relevance: GS III: Indian Economy Dimensions of the Article: Skill Loan Scheme Introduction: Eligibility: Features: Credit Guarantee Fund: Key Points: -Source: Business Standards
About Chandra Shekhar Azad
Context: On 23rd July, India paid tribute to the freedom fighter Chandra Shekhar Azad on his birth anniversary. Relevance: GS I: History About Chandra Shekhar Azad: Contribution to Freedom Movement: Hindustan Republican Association (HRA) Kakori Conspiracy Hindustan Socialist Republican Association -Source: The Hindu
Ban Lifted on Public Servants’ Participation in RSS Activities
Context: Recently, the Indian government lifted a longstanding ban preventing public servants from participating in Rashtriya Swayamsevak Sangh (RSS) activities. This decision, issued by the Department of Personnel and Training (DoPT), removed references to the RSS from official memorandums dating back to 1966, 1970, and 1980. Relevance: GS II: Polity and Governance Dimensions of the […]
India’s Climate Change Position and Critique of EU’s CBAT
Context: In the Economic Survey (ES) 2023-24 presented in Parliament, the Indian government expressed a distinct stance on climate change, acknowledging the likely failure to meet the 1.5℃ target. Additionally, the ES criticized the European Union’s proposed Carbon Border Adjustment Tax (CBAT), deeming it contrary to the Paris Agreement’s spirit and highlighting concerns about protectionism. […]
Rising Demand for Separate Bhil Pradesh State
Context: Recently, there has been a growing demand for the formation of a separate Bhil state, “Bhil Pradesh,” in Rajasthan and neighbouring states. Relevance: GS II: Polity and Governance Dimensions of the Article: Bhills: An Overview Background: Cultural and Religious Practices: Demand for Bhil Pradesh Historical Context: Proposed Area: Reasons for Demand: Criticisms: Regions Demanding […]
Current Affairs Quiz 24 July 2024
Current Affairs 24 July 2024
CONTENTS Rising Demand for Separate Bhil Pradesh State Context: Recently, there has been a growing demand for the formation of a separate Bhil state, “Bhil Pradesh,” in Rajasthan and neighbouring states. Relevance: GS II: Polity and Governance Dimensions of the Article: Bhills: An Overview Background: Cultural and Religious Practices: Demand for Bhil Pradesh Historical Context: […]
PIB Summaries 24 July 2024
CONTENTS Union Budget 2024-25 Context: Recently, Union Budget 2024-25 was presented in the Parliament. It was the first general budget of the 18th Lok Sabha. Relevance: GS III: Indian Economy Dimensions of the Article: Budget Theme Budget Priorities Priority 1: Agriculture Productivity and Resilience Priority 2: Employment & Skilling Priority 3: Inclusive Human Resource Development and Social Justice Priority 4: Manufacturing & Services […]
Static Quiz 24 July 2024 (Environment)
