What’s in the news? The Ministry of Education has launched the National Initiative for Proficiency in Reading with Understanding and Numeracy (NIPUN). The objective of NIPUN Bharat Mission is to create an enabling environment to ensure universal acquisition of foundational …
What is BEPS? Typically, a company needs to pay tax for the income or profits they earn. Base Erosion and Profit Shifting (BEPS) is a tax avoidance strategy by which firms make profits in one country, and shift them across …
What’s in the news? The U.S. State Department has released its annual Trafficking in Persons report. Highlights of the Report The pandemic resulted in an increase in vulnerability to human trafficking and interrupted existing anti-traffic efforts. On India, the report …
Why in News? The Odisha Institute of Maritime and South East Asian Studies (OIMSEAS), an archaeological wing of the State government, has discovered a 4,000-year-old settlement and ancient artifacts in Balasore district of Odisha. After uncovering traces of fortified early …
What’s in the news? India has recorded the highest ever merchandise export of 95 billion dollars in the first quarter of April to June this year despite the severity of the second wave of COVID-19 pandemic. Also, the country has …
Atal Innovation Mission The Atal Innovation Mission (AIM) is a flagship initiative set up by the NITI Aayog to promote innovation and entrepreneurship across the length and breadth of the country. AIM’s objective is to develop new programmes and policies …
Why in News: The Geological Survey of India said that the flash flood in Chamoli district, Uttarakhand, was due to a large mass of snow, ice and rock avalanche along with a hanging mass of rock crashing into the Raunthi …
Why in News: The Centre’s digital agriculture proposals raised concerns of exploitation of farmers, data protection and consent, mismanaged land records, exclusion of landless cultivators and the corporatisation of agriculture, according to the feedback to the government. What is the …
CONTEXT It has been five years since the IBC came into force. Since its implementation, the Insolvency and Bankruptcy Code (IBC), notified in 2016, has been the key mechanism for addressing corporate distress and the accumulation of bad loans in …