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Populism will not let Food Subsidy Reforms Take Off

Context: In the Budget presented by Union Finance Minister on July 23, 2024, the government set the budget estimate (BE) for food subsidy in FY 2024-25 at Rs 205,250 crore, which aligns with the figure provided in the interim Budget. Over the last five years, the Central government’s expenditure on food subsidy has consistently exceeded Rs 200,000 crore […]

About the Exercise Mitra Shakti

Context: The Indian Army and the Sri Lankan Army will kick off their joint exercise, “Mitra Shakti,” at Maduruoya in Sri Lanka’s Southern Province. Relevance: GS III: Security Challenges Exercise Mitra Shakti:  

About The Exercise Udara Shakti

Context: Recently, the Indian Air Force and Royal Malaysian Air Force participated in Exercise Udara Shakti 2024. Relevance: GS III: Security Challenges Exercise Udara Shakti: Sukhoi Su-30MKI

PIB Summaries 12 August 2024

CONTENTS Exercise Udara Shakti Context: Recently, the Indian Air Force and Royal Malaysian Air Force participated in Exercise Udara Shakti 2024. Relevance: GS III: Security Challenges Exercise Udara Shakti: Sukhoi Su-30MKI Exercise Mitra Shakti Context: The Indian Army and the Sri Lankan Army will kick off their joint exercise, “Mitra Shakti,” at Maduruoya in Sri […]

Editorials/Opinions Analysis For UPSC 12 August 2024

CONTENTS Populism will not let Food Subsidy Reforms Take Off Context: In the Budget presented by Union Finance Minister on July 23, 2024, the government set the budget estimate (BE) for food subsidy in FY 2024-25 at Rs 205,250 crore, which aligns with the figure provided in the interim Budget. Over the last five years, […]

Current Affairs 10 August 2024

CONTENTS RBI’s 50th MPC Meeting: Emphasizing Flexible Inflation Targeting Context: The Reserve Bank of India’s 50th Monetary Policy Committee (MPC) meeting has introduced significant updates regarding interest rates and broader economic policies. Marking the eighth anniversary of the flexible inflation targeting (FIT) framework, this milestone meeting focused on evaluating and enhancing measures designed to control […]

PIB Summaries 10 August 2024

CONTENTS Kasturi Cotton Bharat Programme Context: The Kasturi Cotton Bharat programme of the Ministry of Textiles is a pioneering effort in traceability, certification and branding of Indian cotton. Relevance: GS II: Government Policies and Intervention Kasturi Cotton Bharat Initiative: Implementation and Impact: Nandini Sahakar Yojana Context: Recently, the Minister of Cooperation informed the Rajya Sabha about the Nandini Sahakar […]

JULY 2024 CURRENT AFFAIRS | MONTHLY COMPILATION | LEGACY IAS ACADEMY

Legacy IAS July 2024 Current Affairs Monthly Compilation includes Editorial Analysis and PIB Summaries which are essential for UPSC Civil Services Exam (IAS Exam) at both the Prelims and Mains levels and the content is segregated in accordance with the subjects in the UPSC Syllabus. Click Here for the July 2024 Monthly Current Affairs Compilation. You […]