CONTEXT The Government has announced an ambitious programme of asset monetisation. Under this programme, it hopes to earn ₹6 trillion in revenues over a four-year period. Asset monetisation will happen mainly in three sectors: roads, railways and power. Other assets …
About IAEA The International Atomic Energy Agency is the world’s central intergovernmental forum for scientific and technical co-operation in the nuclear field. Widely known as the world’s “Atoms for Peace and Development” organization, IAEA works for the safe, secure and …
Context Recently, the Supreme Court observed that economic criterion cannot be the sole basis for identifying the ‘creamy layer’ of a backward class, and that other factors like social advancement, education, employment, too, matter. The judgment came on a writ …
Context Recently, Finance Minister Nirmala Sitharaman announced the National Monetisation Pipeline (NMP), which is expected to fetch around ₹5.96 lakh crore to the government. Following through on the Budget’s plan to monetise public assets to fund fresh capital expenditure on …
Context The 105th Constitution Amendment was notified recently after it received the assent of President Ramnath Kovind. It is aimed at restoring to the States their power to identify socially and educationally backward classes. The Amendment became necessary to undo …