#Economy_Basics #PT2020
Trade war
A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the opposing country's imports.
Currency war
A currency war refers to a situation where a number of nations seek to deliberately depreciate the value of their domestic currencies in order to stimulate their economies by stimulating exports.
Trade war
A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the opposing country's imports.
Currency war
A currency war refers to a situation where a number of nations seek to deliberately depreciate the value of their domestic currencies in order to stimulate their economies by stimulating exports.
#Terms_InNews #PT2020
VISION ZERO
- It aims promote and improve occupational health and safety standards in the country.
- It has been developed by International Social Security Association, world's leading international organisation for social security institutions, government departments and agencies.
VISION ZERO
- It aims promote and improve occupational health and safety standards in the country.
- It has been developed by International Social Security Association, world's leading international organisation for social security institutions, government departments and agencies.
#Terms_InNews #PT2020
Smart fertilizers
- It is water insoluble Fertilizers
- Nutrients are released on the demand of the plant,
- Fertilizer molecule functions like a nutrient storehouse providing a continuous nutrient supply.
- Benefits - Dosage reduction and yield improvement, sustainable agriculture, soil conservation etc
Smart fertilizers
- It is water insoluble Fertilizers
- Nutrients are released on the demand of the plant,
- Fertilizer molecule functions like a nutrient storehouse providing a continuous nutrient supply.
- Benefits - Dosage reduction and yield improvement, sustainable agriculture, soil conservation etc
#Terms_InNews #PT2020
Bioplastics
- It is a Plastic made of Plants like maize, wheat or sugarcane or any other biological material instead of petroleum.
- Benefits- Biodegradable, Eco-friendly, Sustainable Development, enviornment conservation through reduction in plastic pollution.
- Disadvantages
cropland expansion , Deforestation, threat Food Scarcity
, Industrial waste generation
Bioplastics
- It is a Plastic made of Plants like maize, wheat or sugarcane or any other biological material instead of petroleum.
- Benefits- Biodegradable, Eco-friendly, Sustainable Development, enviornment conservation through reduction in plastic pollution.
- Disadvantages
cropland expansion , Deforestation, threat Food Scarcity
, Industrial waste generation
#Geography_PlacesInNews #PT2020
Kalapani Area
- an Indian territory in Uttarakhand state
It is marked by the Kalapani river, one of the headwaters of the Kali River in the Himalayas.
Kalapani along with Lipulekh Pass, forms the route to Kailash–Manasarovar, an ancient pilgrimage site.
The area is disputed by Nepal since 1997
News- Recently, Nepal has Strongly protested against Kailash-Manasarovar link Road built by India. The road connects Uttarakhand's Dharchula to the Lipulekh pass.
Kalapani Area
- an Indian territory in Uttarakhand state
It is marked by the Kalapani river, one of the headwaters of the Kali River in the Himalayas.
Kalapani along with Lipulekh Pass, forms the route to Kailash–Manasarovar, an ancient pilgrimage site.
The area is disputed by Nepal since 1997
News- Recently, Nepal has Strongly protested against Kailash-Manasarovar link Road built by India. The road connects Uttarakhand's Dharchula to the Lipulekh pass.
#Geography_basics #PT2020
Kailash Mansarovar
Mount Kailash is a 6,638 m high peak in the Kailash Range
It forms part of the Trans Himalaya in the Tibet, China.
The mountain is located near Lake Manasarovar and Lake Rakshastal. It is close to the source of some of the longest rivers:
Indus, Sutlej, and Brahmaputra.
Mount Kailash is considered to be sacred in four religions: Bon, Buddhism, Hinduism and Jainism.
The Kailash Mansarovar Yatra is undertaken by two routes - Lipulekh ( Uttarakhand) and Nathu La Pass( Sikkim)
Kailash Mansarovar
Mount Kailash is a 6,638 m high peak in the Kailash Range
It forms part of the Trans Himalaya in the Tibet, China.
The mountain is located near Lake Manasarovar and Lake Rakshastal. It is close to the source of some of the longest rivers:
Indus, Sutlej, and Brahmaputra.
Mount Kailash is considered to be sacred in four religions: Bon, Buddhism, Hinduism and Jainism.
The Kailash Mansarovar Yatra is undertaken by two routes - Lipulekh ( Uttarakhand) and Nathu La Pass( Sikkim)
#IMP_Judgements #PT_MAINS2020
Anuradha Bhasin Case(2020)
- Also known as Kashmir Internet case.
- Supreme Court declared that the freedom of speech and expression and the freedom to practice any profession or carry on any trade, business or occupation over the medium of Internet enjoys constitutional protection under Article 19(1)(a) and Article 19(1)(g) respectively.
- But such freedom is not absolute, and is subject to reasonable restrictions under Article 19(2) and Article 19(6) of the Constitution, inclusive of the test of proportionality.
Anuradha Bhasin Case(2020)
- Also known as Kashmir Internet case.
- Supreme Court declared that the freedom of speech and expression and the freedom to practice any profession or carry on any trade, business or occupation over the medium of Internet enjoys constitutional protection under Article 19(1)(a) and Article 19(1)(g) respectively.
- But such freedom is not absolute, and is subject to reasonable restrictions under Article 19(2) and Article 19(6) of the Constitution, inclusive of the test of proportionality.
#SnT_Current #PT2020
CHAMPIONS portal:
- Launched by the Union Ministry of MSME.
- It is a Technology driven Control Room-Cum-Management Information System.
- CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
- It utilises modern ICT tools such as telephone, internet and video conference, and aims to assist Indian MSMEs to march into big league as National and Global CHAMPIONS.
- It aims to make the smaller - units big by providing them various facilities such as solving their grievances, encouraging, supporting, helping and hand holding.
CHAMPIONS portal:
- Launched by the Union Ministry of MSME.
- It is a Technology driven Control Room-Cum-Management Information System.
- CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
- It utilises modern ICT tools such as telephone, internet and video conference, and aims to assist Indian MSMEs to march into big league as National and Global CHAMPIONS.
- It aims to make the smaller - units big by providing them various facilities such as solving their grievances, encouraging, supporting, helping and hand holding.
#Art_n_Culture #PT2020
New GI tags
Sohrai Khovar
- Painting is a traditional and ritualistic mural art.
- It is practised by tribal women during harvest and marriage seasons in Hazaribagh District, Jharkhand.
- It uses local, naturally available soils of different colours.
- The style features a profusion of lines, dots, animal figures and plants, often representing religious iconography.
New GI tags
Sohrai Khovar
- Painting is a traditional and ritualistic mural art.
- It is practised by tribal women during harvest and marriage seasons in Hazaribagh District, Jharkhand.
- It uses local, naturally available soils of different colours.
- The style features a profusion of lines, dots, animal figures and plants, often representing religious iconography.
#ArtnCulture
New GI Tag
Telia Rumal cloth
- belongs to Telagana.
- It is an art of Ikat tradition using natural vegetable dyes
- involves intricate handmade work with cotton loom displaying a variety of designs and motifs in three particular colours — red, black and white.
- These rumals were patronised by Nizams of Hyderabad.
New GI Tag
Telia Rumal cloth
- belongs to Telagana.
- It is an art of Ikat tradition using natural vegetable dyes
- involves intricate handmade work with cotton loom displaying a variety of designs and motifs in three particular colours — red, black and white.
- These rumals were patronised by Nizams of Hyderabad.
#Ecomomy_Basics #ArtnCulture #PT2020
Geographical Indication(GI)
- It is an indication used to identify goods having special characteristics originating from a definite geographical territory.
- The Geographical Indications of Goods (Registration and Protection) Act, 1999Agreement, seeks to provide for the registration and better protection of geographical indications relating to goods in India.
- The Act is administered by the Controller General of Patents, Designs and TradeMarks (Registrar of Geographical Indications).
- The Geographical Indications Registry is located at Chennai.
- The GI Tag is valid for 10 years. It can be renewed from time to time for a further period of 10 years each.
- It is in consonance with World Organisation’s Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement.
Geographical Indication(GI)
- It is an indication used to identify goods having special characteristics originating from a definite geographical territory.
- The Geographical Indications of Goods (Registration and Protection) Act, 1999Agreement, seeks to provide for the registration and better protection of geographical indications relating to goods in India.
- The Act is administered by the Controller General of Patents, Designs and TradeMarks (Registrar of Geographical Indications).
- The Geographical Indications Registry is located at Chennai.
- The GI Tag is valid for 10 years. It can be renewed from time to time for a further period of 10 years each.
- It is in consonance with World Organisation’s Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement.
#1MinRead #Index_InNews #PT2020
Energy Transition Index (ETI) 2020
- Released by World Economic Forum
- It measures readiness of a country for clean energy transition.
- Its intended to enable policy-makers and businesses to plot the course for a successful energy transition.
- it builds on its predecessor, the Energy Architecture Performance Index.
- Sweden - 1st (3rd time is a row) out of 115 countries
Switzerland - 2nd
India - 74th
Energy Transition Index (ETI) 2020
- Released by World Economic Forum
- It measures readiness of a country for clean energy transition.
- Its intended to enable policy-makers and businesses to plot the course for a successful energy transition.
- it builds on its predecessor, the Energy Architecture Performance Index.
- Sweden - 1st (3rd time is a row) out of 115 countries
Switzerland - 2nd
India - 74th
#1MinRead #OrgInNews #PT2020
World Economic Forum
- based in Geneva, Switzerland
- founded - 1971
- It is an NGO committed to improving the state of the world by engaging business, political, academic, and other leaders of society..
- WEF hosts an annual meeting at the end of January in Davos.
- The meeting hosts around 3,000 business leaders, international political leaders, economists, celebrities and journalists to discuss global issues.
World Economic Forum
- based in Geneva, Switzerland
- founded - 1971
- It is an NGO committed to improving the state of the world by engaging business, political, academic, and other leaders of society..
- WEF hosts an annual meeting at the end of January in Davos.
- The meeting hosts around 3,000 business leaders, international political leaders, economists, celebrities and journalists to discuss global issues.
#1MinRead #PT2020 #GovtInitiative
Atmanirbhar Bharat Abhiyan
- A combined economic package of Rs 20 lakh crore(10% of the GDP).
- To spur growth and built a self-reliant India.
- scheme will pay special attention on tax payers, farmers, labourers, cottage industries and MSMEs.
- scheme will help strengthen the chain of local supply and promote the locally produced products.
Atmanirbhar Bharat Abhiyan
- A combined economic package of Rs 20 lakh crore(10% of the GDP).
- To spur growth and built a self-reliant India.
- scheme will pay special attention on tax payers, farmers, labourers, cottage industries and MSMEs.
- scheme will help strengthen the chain of local supply and promote the locally produced products.
#2MinRead #GovtInitiative #PT2020
Measures Under Atmanirbhar Bharat Abhiyan
Part 1/2
For MSMEs
1.New Definition of MSME:
An enterprise to come under the category of MSME if it has
Investment Upto
Micro Unit - 1 crore
Small Unit - 10 crore
Medium - more than 20 crore
AND
Turnover
Micro - 5 Crore
Small - 50 crore
Medium - 100 crore
Both conditions are mandatory.
The differentiation between the manufacturing and service based MSMEs is removed.
2. Collateral Free Loans worth of Rs 3 lakh, to firms with outstanding loans of Rs 25 crore or whose annual turn over is Rs 100 crore.
3. Rs 20,000 crore is being infused into the economy Stressed MSMEs through debt-based scheme.
4. Fund of Funds - to infuse Rs 50,000 crore.
5. Global tenders will not be allowed in government procurement for tenders upto Rs 200 crores.
6. E-Market Linkages are to be strengthened.
Measures Under Atmanirbhar Bharat Abhiyan
Part 1/2
For MSMEs
1.New Definition of MSME:
An enterprise to come under the category of MSME if it has
Investment Upto
Micro Unit - 1 crore
Small Unit - 10 crore
Medium - more than 20 crore
AND
Turnover
Micro - 5 Crore
Small - 50 crore
Medium - 100 crore
Both conditions are mandatory.
The differentiation between the manufacturing and service based MSMEs is removed.
2. Collateral Free Loans worth of Rs 3 lakh, to firms with outstanding loans of Rs 25 crore or whose annual turn over is Rs 100 crore.
3. Rs 20,000 crore is being infused into the economy Stressed MSMEs through debt-based scheme.
4. Fund of Funds - to infuse Rs 50,000 crore.
5. Global tenders will not be allowed in government procurement for tenders upto Rs 200 crores.
6. E-Market Linkages are to be strengthened.
#2MinRead #GovtInitiative #PT2020
Measures Under Atmanirbhar Bharat Abhiyan
Part 2/2
Other Measures
- Statutory Provident Fund contribution is reduced from 12% to 10%.
Liquidity relief to all EPF establishments through infusion of Rs 2,500 crore.
- Rs 30,000 crore liquidity is being injected to help the struggling NBFCs.
- Discoms are highly affected due to COVID-19 crisis. Therefore, liquidity of Rs 90,000 crore is to be injected.
- Real Estate (RERA Projects)
Pending projects and registration dates are extended by 6 months.
- Taxation - TDS and TCS rates are reduced by 25%.
Measures Under Atmanirbhar Bharat Abhiyan
Part 2/2
Other Measures
- Statutory Provident Fund contribution is reduced from 12% to 10%.
Liquidity relief to all EPF establishments through infusion of Rs 2,500 crore.
- Rs 30,000 crore liquidity is being injected to help the struggling NBFCs.
- Discoms are highly affected due to COVID-19 crisis. Therefore, liquidity of Rs 90,000 crore is to be injected.
- Real Estate (RERA Projects)
Pending projects and registration dates are extended by 6 months.
- Taxation - TDS and TCS rates are reduced by 25%.
Forwarded from Digicate IAS (Sudhir Kekan)
Hello friends,
We are working on four important strategies :
1) How to prepare for Prelims and how to improve score beyond a particular level ?
2) Comprehensive Answer Writing Strategy for Mains
3) Strategy for optional subject
4) Essay etc.
It will take some time to prepare it.
Till the time If you have any doubts or queries feel free to contact us.
Regards,
Sudhir R Kekan
We are working on four important strategies :
1) How to prepare for Prelims and how to improve score beyond a particular level ?
2) Comprehensive Answer Writing Strategy for Mains
3) Strategy for optional subject
4) Essay etc.
It will take some time to prepare it.
Till the time If you have any doubts or queries feel free to contact us.
Regards,
Sudhir R Kekan
#Geography #PT2020
endorheic basin
- closed or terminal basin or interior drainage basin
- It is a limited drainage basin that normally retains water and allows no outflow to other external bodies of water, such as rivers or oceans.
- Example - Aral Sea between Kazhakstan and Uzbekistan.
endorheic basin
- closed or terminal basin or interior drainage basin
- It is a limited drainage basin that normally retains water and allows no outflow to other external bodies of water, such as rivers or oceans.
- Example - Aral Sea between Kazhakstan and Uzbekistan.