Why in the news? Countries across the world have been affected by the Covid pandemic which has affected their economy adversely. Central banks of different countries, including RBI, have adopted expansionary recovery policies with steps like slashing of market rates, …
CONTEXT The year 2020 marked the sixth year since the leaders of the eight nations that make up the South Asian Association of Regional Cooperation (SAARC) were able to meet. India’s position on crossborder terrorism from Pakistan that led New …
Background India and Nepal share a 1,800km (1,118-mile) open border. Nepal has long claimed the areas of Limpiyadhura, Kalapani and Lipulekh under the 1816 Sugauli treaty with the British East India Company, although these areas have remained under the control …
About Open Skies Treaty The Open Skies Treaty allows countries to monitor signatories’ arms development by conducting unarmed, surveillance flights over each other’s territories. It entered into force in 2002 and currently has thirty-four state parties—the United States, Canada, Russia, …
About MEE MEE is a joint effort of Wildlife Institute of India and Ministry of Environment, Forests and Climate Change. Protected Area (PA) management effectiveness evaluation (MEE) is defined as the assessment of how well National Parks and Wildlife sanctuaries …
About PMFBY PMFBY launched in 2016, provides a comprehensive insurance cover against crop damage or loss arising out of unforeseen events thus helping in stabilising the income of the farmers and encouraging them for adoption of innovative practices. The scheme …
Background The Parliament recently passed three labour law codes that complete the government’s consolidation of 29 labour laws into four codes. The three Bills are the Industrial Relations Code, 2020, the Occupational Safety, Health and Working Conditions Code, 2020 and …
What’s in the news? The Central Board of Direct Taxes (CBDT) has launched an automated dedicated e-portal on the e-filing website of the Department to receive and process complaints of tax evasion, foreign undisclosed assets as well as complaints regarding …
About the committee The 1267 sanctions committee of the UN, also known as the ISIL (Da-esh) and Al Qaida sanctions committee, oversees sanctions measures related to individuals, entities and groups. The committee can impose measures like asset freezes, travel bans …