#Economy_Current #PT2020
Maharatna status to Hindustan Petroleum Corporation Limited and Power Grid Corporation of India
- In October 2019
- by Ministry of Heavy Industry and Public Enterprises
Total Maharatna Public Sector Enterprises (PSUs): 10 nos.
1. Bharat Heavy Electricals Limited (BHEL)
2. Coal India Limited (CIL)
3. Gas Authority of India Limited (GAIL)
4. Indian Oil Corporation Limited (IOCL)
5. National Thermal Power Corporation Limited (NTPC)
6. Oil and Natural Gas Corporation Limited (ONGC)
7. Steel Authority of India Limited (SAIL)
8. Bharat Petroleum Corporation Limited (BPCL)
9. Hindustan Petroleum Corporation Limited (HPCL)
10. Power Grid Corporation of India (PGCI)
Maharatna status to Hindustan Petroleum Corporation Limited and Power Grid Corporation of India
- In October 2019
- by Ministry of Heavy Industry and Public Enterprises
Total Maharatna Public Sector Enterprises (PSUs): 10 nos.
1. Bharat Heavy Electricals Limited (BHEL)
2. Coal India Limited (CIL)
3. Gas Authority of India Limited (GAIL)
4. Indian Oil Corporation Limited (IOCL)
5. National Thermal Power Corporation Limited (NTPC)
6. Oil and Natural Gas Corporation Limited (ONGC)
7. Steel Authority of India Limited (SAIL)
8. Bharat Petroleum Corporation Limited (BPCL)
9. Hindustan Petroleum Corporation Limited (HPCL)
10. Power Grid Corporation of India (PGCI)
#Economy #PT2020
Maharatna Status:
- introduced in 2009
- objective to empower mega CPSEs to expand their operations and become Indian Multinational Companies (MNCs).
Criteria for Maharatna status
- Having Navratna status.
- Average annual turnover of more than Rs. 25,000 crore, during last 3 years.
- Average annual net worth of more than Rs. 15,000 crore, during last 3 years.
- Average annual net profit after tax of more than Rs. 5,000 crore, during last 3 years.
- Should have significant global presence and international operations.
- Listed on Indian stock exchange with minimum prescribed public shareholding limit under SEBI regulations.
Benefits
- greater operational and financial autonomy
- Boards of these PSUs can make equity investments to undertake financial joint ventures (JV) and wholly owned subsidiaries and undertake mergers and acquisitions (M&A) in India as well as abroad. ( subject to a ceiling of 15% of net worth, and limited to Rs 5,000 crore in one project)
- The Boards can also structure and implement schemes relating to personnel as well as human resource management and training.
- Holding companies can float fresh equity, transfer assets, divest shareholding in subsidiaries.
Maharatna Status:
- introduced in 2009
- objective to empower mega CPSEs to expand their operations and become Indian Multinational Companies (MNCs).
Criteria for Maharatna status
- Having Navratna status.
- Average annual turnover of more than Rs. 25,000 crore, during last 3 years.
- Average annual net worth of more than Rs. 15,000 crore, during last 3 years.
- Average annual net profit after tax of more than Rs. 5,000 crore, during last 3 years.
- Should have significant global presence and international operations.
- Listed on Indian stock exchange with minimum prescribed public shareholding limit under SEBI regulations.
Benefits
- greater operational and financial autonomy
- Boards of these PSUs can make equity investments to undertake financial joint ventures (JV) and wholly owned subsidiaries and undertake mergers and acquisitions (M&A) in India as well as abroad. ( subject to a ceiling of 15% of net worth, and limited to Rs 5,000 crore in one project)
- The Boards can also structure and implement schemes relating to personnel as well as human resource management and training.
- Holding companies can float fresh equity, transfer assets, divest shareholding in subsidiaries.
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- Line to Line Prelims
- #2MinRead Current affairs
Mains 2023
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- Line to Line Prelims
- #2MinRead Current affairs
Mains 2023
- Intensive Mentorship Program
- Answer Writing
- Essay n Ethics
Join
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9021216359
Hariyali Mahotsav
The Mahotsav is a mass plantation drive that was conducted in New Delhi.
mass initiatives conducted during Mahotsav
- rain water harvesting
- Increasing people participation
The Mahotsav is a mass plantation drive that was conducted in New Delhi.
mass initiatives conducted during Mahotsav
- rain water harvesting
- Increasing people participation
#Environment_Current #PT2020
mHariyali App
The mobile application was launched by the Ministry of Housing and Urban Affairs to encourage public engagement in planting trees and Green drives.
People can now upload information/photos of any plantation done by them
The application provides automatic geo–tagging of plants, hence enables periodically monitor the plantation.
mHariyali App
The mobile application was launched by the Ministry of Housing and Urban Affairs to encourage public engagement in planting trees and Green drives.
People can now upload information/photos of any plantation done by them
The application provides automatic geo–tagging of plants, hence enables periodically monitor the plantation.
#Prelims_tricks #PT2020 #1MinRead
Important fold mountains:
U ARe A Himalaya
U :- Ural Mountain.
A :- Alps Mountain.
R :- Rocky Mountain.
A :- Andes Mountain.
H :-Himalaya.
Important fold mountains:
U ARe A Himalaya
U :- Ural Mountain.
A :- Alps Mountain.
R :- Rocky Mountain.
A :- Andes Mountain.
H :-Himalaya.
#Prelims_tricks #PT2020 #1MinRead
Tropic of Cancer Passes through eight states:
Trick:- West Me Gujarat Rajasthan, Mujhe Jharkhand Chahiye Tha.
W- West Bengal
M- Madhya Pradesh
G- Gujarat
R- Rajasthan
M- Mizoram
J- Jharkhand
C- Chattisgarh
T- Tripura
Tropic of Cancer Passes through eight states:
Trick:- West Me Gujarat Rajasthan, Mujhe Jharkhand Chahiye Tha.
W- West Bengal
M- Madhya Pradesh
G- Gujarat
R- Rajasthan
M- Mizoram
J- Jharkhand
C- Chattisgarh
T- Tripura
Source List for Prelims - Sudhir Kekan, IPS.pdf
756.8 KB
"Prelims Must Read Source List"
#Reports_InNews #Mains_Fodder #PT2020
Open Budget Survey (OBS) 2019
- Released by International Budget Partnership (IBP), biennialy.
- It rates the level of budget transparency across countries on a scale of 0-100, based on internationally comparable indicators.
- The survey covers 117 countries.
- New Zealand ranks first , India is placed at number 53.
Open Budget Survey (OBS) 2019
- Released by International Budget Partnership (IBP), biennialy.
- It rates the level of budget transparency across countries on a scale of 0-100, based on internationally comparable indicators.
- The survey covers 117 countries.
- New Zealand ranks first , India is placed at number 53.
#PT2020
International Budget Partnership
- The International Budget Partnership (IBP) is a collaborative effort of multiple actors – civil society, state actors, international institutions and the private sector.
- formed in 1997
- Objective- to promote transparent and inclusive government budget processes as a means to improve governance and service delivery in the developing world.
International Budget Partnership
- The International Budget Partnership (IBP) is a collaborative effort of multiple actors – civil society, state actors, international institutions and the private sector.
- formed in 1997
- Objective- to promote transparent and inclusive government budget processes as a means to improve governance and service delivery in the developing world.
#SnT_Currents #PT2020 #1MinRead
Kisan Sabha App
- Developed by CSIR-Central Road Research Institute (CSIR-CRRI), New Delhi.
- to connect farmers to the supply chain and freight transportation management system.
- It aims to provide the most economical and timely logistics support to the farmers amidst the Cobid-19 pandemic.
- It also intends to increase the profit margins for farmers by minimizing interference of middlemen.
Kisan Sabha App
- Developed by CSIR-Central Road Research Institute (CSIR-CRRI), New Delhi.
- to connect farmers to the supply chain and freight transportation management system.
- It aims to provide the most economical and timely logistics support to the farmers amidst the Cobid-19 pandemic.
- It also intends to increase the profit margins for farmers by minimizing interference of middlemen.
#SnT_Currents #Environment_Current #PT2020
IDEAthon
- Organized by National Mission for Clean Ganga (NMCG) under the Ministry of Jal Shakti and National Institute of Urban Affairs (NIUA)
- explore how the COVID-19 crisis can shape River Management strategies for the future.
- IDEAthon examined how the social angle of rivers can be leveraged to address other crises.
IDEAthon
- Organized by National Mission for Clean Ganga (NMCG) under the Ministry of Jal Shakti and National Institute of Urban Affairs (NIUA)
- explore how the COVID-19 crisis can shape River Management strategies for the future.
- IDEAthon examined how the social angle of rivers can be leveraged to address other crises.
CSE Prelims 2020 Deferred
Official Statement by UPSC
The Civil Services (Prel.) Examination-2020, scheduled to be held on 31/05/2020, stands deferred. Decision on fresh date of the Examination will be made available on 20/05/2020 after assessing the situation.
Visit
https://www.upsc.gov.in/
Official Statement by UPSC
The Civil Services (Prel.) Examination-2020, scheduled to be held on 31/05/2020, stands deferred. Decision on fresh date of the Examination will be made available on 20/05/2020 after assessing the situation.
Visit
https://www.upsc.gov.in/
#Economy_Current #PT2020 #2MinRead
BharatMarket
- a national e-commerce marketplace
- to be launched by Confederation of All India Traders (CAIT) for all retail traders in collaboration with several technology partners.
- It will provide end-to-end services in the logistics and supply chains, from manufacturers to end consumers.
- It aims to bring 95 per cent of retail traders onboard the platform, who will be the shareholders and the portal will be run exclusively by the traders
BharatMarket
- a national e-commerce marketplace
- to be launched by Confederation of All India Traders (CAIT) for all retail traders in collaboration with several technology partners.
- It will provide end-to-end services in the logistics and supply chains, from manufacturers to end consumers.
- It aims to bring 95 per cent of retail traders onboard the platform, who will be the shareholders and the portal will be run exclusively by the traders
#SnT_Currents #1MinRead #PT2020
eCovSens
It is a biosensor that can detect the novel coronavirus in saliva samples.
developed by National Institute of Animal Biotechnology (NIAB), Hyderabad.
It consists of a carbon electrode and the coronavirus antibody.
An electrical signal is generated when the antigen and antibody binds.
Gives result in just 30 seconds.
eCovSens
It is a biosensor that can detect the novel coronavirus in saliva samples.
developed by National Institute of Animal Biotechnology (NIAB), Hyderabad.
It consists of a carbon electrode and the coronavirus antibody.
An electrical signal is generated when the antigen and antibody binds.
Gives result in just 30 seconds.
#Geography_Current #2MinRead
BoBBLE
- Bay of Bengal Boundary Layer Experiment
- BoBBLE is a joint India-UK project.
- It seeks to examine the impact of ocean processes in the Bay of Bengal on the monsoon system.
- It is a project funded by the Union Ministry of Earth Sciences and the Natural Environment Research Council of UK.
Key Processes in BoB
1. Southwest Monsoon Current (SMC) is controlled by both local (wind stress curl) and remote (equatorial wave propagation) factors.
2. High Salinity Core (HSC) of the SMC has its origins in the western equatorial Indian Ocean, reaching the BoB via the Somali Current, the Equatorial Undercurrent and the SMC.
3. Seasonal reversals that occur at the Somali Current and SMC junctions act as ‘railroad switches’ diverting water masses to different basins in the northern Indian Ocean.
BoBBLE
- Bay of Bengal Boundary Layer Experiment
- BoBBLE is a joint India-UK project.
- It seeks to examine the impact of ocean processes in the Bay of Bengal on the monsoon system.
- It is a project funded by the Union Ministry of Earth Sciences and the Natural Environment Research Council of UK.
Key Processes in BoB
1. Southwest Monsoon Current (SMC) is controlled by both local (wind stress curl) and remote (equatorial wave propagation) factors.
2. High Salinity Core (HSC) of the SMC has its origins in the western equatorial Indian Ocean, reaching the BoB via the Somali Current, the Equatorial Undercurrent and the SMC.
3. Seasonal reversals that occur at the Somali Current and SMC junctions act as ‘railroad switches’ diverting water masses to different basins in the northern Indian Ocean.
#Economy_Current #PT2020
- Minimum Support Price (MSP) for 49 items under Minor Forest Produce (MFP) has been revised recently.
- The increased Minimum support price (MSP) ranges from 16% to 66%.
- It is revised every 3 years.
Forest products are divided into two parts.
Major Forest Products comprise Pulpwood, Sandalwood, Social Forestry that incudes Fuel and Timber.
Minor Forest Products include the items such as tamarind, curry leaf, Tendu Patta, gallnut, Cane, Soapnut, tree moss and now Bamboo also.
- Minimum Support Price (MSP) for 49 items under Minor Forest Produce (MFP) has been revised recently.
- The increased Minimum support price (MSP) ranges from 16% to 66%.
- It is revised every 3 years.
Forest products are divided into two parts.
Major Forest Products comprise Pulpwood, Sandalwood, Social Forestry that incudes Fuel and Timber.
Minor Forest Products include the items such as tamarind, curry leaf, Tendu Patta, gallnut, Cane, Soapnut, tree moss and now Bamboo also.