🔆NABARD: National Bank for Agriculture and Rural Development
✅ Established - 1982 [ B. Sivaraman Committee ]
✅ Statutory body under NABARD ACT 1981.
✅ Headquarters - Mumbai
✅ Owner - Fully owned by government.
✅ Operates Under : Department of Financial Services (DFS) under the Ministry of Finance.
✅ All India Financial Institution
✅ Supervise :
1. Regional rural banks ( RRB )
2. State co- operative agriculture & rural development bank ( SCARDBs )
3. Commercial banks ( CBs )
4. State co - operative banks ( SCBs )
5. Other Financial institutions under RBI
✅ Established - 1982 [ B. Sivaraman Committee ]
✅ Statutory body under NABARD ACT 1981.
✅ Headquarters - Mumbai
✅ Owner - Fully owned by government.
✅ Operates Under : Department of Financial Services (DFS) under the Ministry of Finance.
✅ All India Financial Institution
✅ Supervise :
1. Regional rural banks ( RRB )
2. State co- operative agriculture & rural development bank ( SCARDBs )
3. Commercial banks ( CBs )
4. State co - operative banks ( SCBs )
5. Other Financial institutions under RBI
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🔆 Shanghai Cooperation Organisation (SCO) :
✅ Origin - Shanghai Five (1996) : China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan.
✅ 2001 : Adding Uzbekistan as a sixth member , The Shanghai Five was renamed the SCO.
✅ 2015 : The SCO decided to admit India and Pakistan as full members.
✅ 2016 : India and Pakistan signed the memorandum of obligations in Tashkent (Uzbekistan), thereby starting the formal process of joining the SCO as full members.
✅ 2017: India and Pakistan officially joined SCO as full members
✅ 2021: It was announced that Iran would become a full member of the SCO.
✅ Headquarter - Beijing, China
🔸 Members - China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, Iran, and Uzbekistan
🔸Observers - Afghanistan, Belarus, and Mongolia
🔸Dialogue Partners - Armenia, Azerbaijan, Cambodia, Sri Lanka, Turkey, Egypt, Nepal, Qatar, and Saudi Arabia
✅ Structure :
🔸 The Council of Heads of State
🔸 The Council of Heads of Government
🔸 The Council of Foreign Ministers
🔸 The Regional Anti-Terrorist Structure
✅ Significance - Addresses security issues in Asia with primarily Asian members.
✅ 23rd Shanghai Cooperation Organization (SCO) Summit : Hosted By India
✅ SCO Summit 2024(24th) - Astana, Kazakhstan
🔸Belarus has become the 10th member state of the SCO
✅ Origin - Shanghai Five (1996) : China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan.
✅ 2001 : Adding Uzbekistan as a sixth member , The Shanghai Five was renamed the SCO.
✅ 2015 : The SCO decided to admit India and Pakistan as full members.
✅ 2016 : India and Pakistan signed the memorandum of obligations in Tashkent (Uzbekistan), thereby starting the formal process of joining the SCO as full members.
✅ 2017: India and Pakistan officially joined SCO as full members
✅ 2021: It was announced that Iran would become a full member of the SCO.
✅ Headquarter - Beijing, China
🔸 Members - China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, Iran, and Uzbekistan
🔸Observers - Afghanistan, Belarus, and Mongolia
🔸Dialogue Partners - Armenia, Azerbaijan, Cambodia, Sri Lanka, Turkey, Egypt, Nepal, Qatar, and Saudi Arabia
✅ Structure :
🔸 The Council of Heads of State
🔸 The Council of Heads of Government
🔸 The Council of Foreign Ministers
🔸 The Regional Anti-Terrorist Structure
✅ Significance - Addresses security issues in Asia with primarily Asian members.
✅ 23rd Shanghai Cooperation Organization (SCO) Summit : Hosted By India
✅ SCO Summit 2024(24th) - Astana, Kazakhstan
🔸Belarus has become the 10th member state of the SCO
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🔆 Shanghai Cooperation Organisation (SCO) :
✅ Origin - Shanghai Five (1996) : China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan.
✅ 2001 : Adding Uzbekistan as a sixth member , The Shanghai Five was renamed the SCO.
✅ 2015 : The SCO decided to admit India and Pakistan as full members.
✅ 2016 : India and Pakistan signed the memorandum of obligations in Tashkent (Uzbekistan), thereby starting the formal process of joining the SCO as full members.
✅ 2017: India and Pakistan officially joined SCO as full members
✅ 2021: It was announced that Iran would become a full member of the SCO.
✅ Headquarter - Beijing, China
🔸 Members - China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, Iran, and Uzbekistan
🔸Observers - Afghanistan, Belarus, and Mongolia
🔸Dialogue Partners - Armenia, Azerbaijan, Cambodia, Sri Lanka, Turkey, Egypt, Nepal, Qatar, and Saudi Arabia
✅ Structure :
🔸 The Council of Heads of State
🔸 The Council of Heads of Government
🔸 The Council of Foreign Ministers
🔸 The Regional Anti-Terrorist Structure
✅ Significance - Addresses security issues in Asia with primarily Asian members.
✅ 23rd Shanghai Cooperation Organization (SCO) Summit : Hosted By India
✅ SCO Summit 2024(24th) - Astana, Kazakhstan
🔸Belarus has become the 10th member state of the SCO
✅ Origin - Shanghai Five (1996) : China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan.
✅ 2001 : Adding Uzbekistan as a sixth member , The Shanghai Five was renamed the SCO.
✅ 2015 : The SCO decided to admit India and Pakistan as full members.
✅ 2016 : India and Pakistan signed the memorandum of obligations in Tashkent (Uzbekistan), thereby starting the formal process of joining the SCO as full members.
✅ 2017: India and Pakistan officially joined SCO as full members
✅ 2021: It was announced that Iran would become a full member of the SCO.
✅ Headquarter - Beijing, China
🔸 Members - China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, Iran, and Uzbekistan
🔸Observers - Afghanistan, Belarus, and Mongolia
🔸Dialogue Partners - Armenia, Azerbaijan, Cambodia, Sri Lanka, Turkey, Egypt, Nepal, Qatar, and Saudi Arabia
✅ Structure :
🔸 The Council of Heads of State
🔸 The Council of Heads of Government
🔸 The Council of Foreign Ministers
🔸 The Regional Anti-Terrorist Structure
✅ Significance - Addresses security issues in Asia with primarily Asian members.
✅ 23rd Shanghai Cooperation Organization (SCO) Summit : Hosted By India
✅ SCO Summit 2024(24th) - Astana, Kazakhstan
🔸Belarus has become the 10th member state of the SCO
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🔆 Goods and Services Tax (GST) :
✅ Introduced - 101st Constitution Amendment Act, 2016
✅ Slogan - ‘One Nation One Tax’.
✅ Legislative Basis :
🔸️In India, GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.
🔸️This got an approval in 2016 and was renumbered in the statute by Rajya Sabha as The Constitution (101 Amendment) Act, 2016.
✅ Subsumed Indirect Taxes - Excise duty, Value Added Tax (VAT), Service tax, Luxury tax etc.
✅ 4-Tier Tax Structure - 5%, 12%, 18% and 28%.
✅ Components 4️⃣ : Central GST (CGST), State GST (SGST), Union Territories GST (UTGST), and Integrated GST (IGST).
⭕️ The Goods and Services Tax Council :
✅️ Constitutional body , Article 279A
✅️ Secretariat - New Delhi
✅️ Chairperson - The Union Finance Minister
✅️ Members :
🔸The Union Minister of State in charge of Revenue or Finance
🔸The Minister in charge of Finance or Taxation or any other Minister nominated by each state government
✅️ Vice -Chairperson - Council from the States have to choose one amongst themselves as the Vice-Chairperson of the Council.
✅ Introduced - 101st Constitution Amendment Act, 2016
✅ Slogan - ‘One Nation One Tax’.
✅ Legislative Basis :
🔸️In India, GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.
🔸️This got an approval in 2016 and was renumbered in the statute by Rajya Sabha as The Constitution (101 Amendment) Act, 2016.
✅ Subsumed Indirect Taxes - Excise duty, Value Added Tax (VAT), Service tax, Luxury tax etc.
✅ 4-Tier Tax Structure - 5%, 12%, 18% and 28%.
✅ Components 4️⃣ : Central GST (CGST), State GST (SGST), Union Territories GST (UTGST), and Integrated GST (IGST).
⭕️ The Goods and Services Tax Council :
✅️ Constitutional body , Article 279A
✅️ Secretariat - New Delhi
✅️ Chairperson - The Union Finance Minister
✅️ Members :
🔸The Union Minister of State in charge of Revenue or Finance
🔸The Minister in charge of Finance or Taxation or any other Minister nominated by each state government
✅️ Vice -Chairperson - Council from the States have to choose one amongst themselves as the Vice-Chairperson of the Council.
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🌱 Green Hydrogen
Production Method: Electrolysis of water using renewable energy sources like wind, solar, or hydroelectric power.
🌱 Blue Hydrogen
Production Method: Produced from natural gas through steam methane reforming (SMR) or autothermal reforming (ATR), combined with carbon capture, utilization, and storage (CCUS).
🌱 Gray Hydrogen
Production Method: Steam methane reforming (SMR) of natural gas without carbon capture.
🌱 Brown/Black Hydrogen
Production Method: Gasification of coal or lignite.
🌱 Pink Hydrogen
Production Method: Electrolysis of water using nuclear energy
🌱 Yellow Hydrogen
Production Method: Electrolysis using grid electricity, which may include both renewable and non-renewable sources.
🌱 Turquoise Hydrogen
Production Method: Pyrolysis of methane, producing solid carbon instead of CO₂ as a by-product.
🌱 White Hydrogen
Production Method: Naturally occurring hydrogen found in geological formations.
Production Method: Electrolysis of water using renewable energy sources like wind, solar, or hydroelectric power.
🌱 Blue Hydrogen
Production Method: Produced from natural gas through steam methane reforming (SMR) or autothermal reforming (ATR), combined with carbon capture, utilization, and storage (CCUS).
🌱 Gray Hydrogen
Production Method: Steam methane reforming (SMR) of natural gas without carbon capture.
🌱 Brown/Black Hydrogen
Production Method: Gasification of coal or lignite.
🌱 Pink Hydrogen
Production Method: Electrolysis of water using nuclear energy
🌱 Yellow Hydrogen
Production Method: Electrolysis using grid electricity, which may include both renewable and non-renewable sources.
🌱 Turquoise Hydrogen
Production Method: Pyrolysis of methane, producing solid carbon instead of CO₂ as a by-product.
🌱 White Hydrogen
Production Method: Naturally occurring hydrogen found in geological formations.
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