Context: This article proposes a different way of designing a minimum support price (MSP). Purpose of MSP Price stabilisation in the food grains market Income support to farmers Mechanism for coping with the indebtedness of farmers. Evolution of current price …
Context: India’s poor AOI is a stark reminder of the need to attain a key sustainable development goal of higher agri-growth Issues with current budgetary allocation for agriculture Marginally increased agriculture budgetary allocation by 4.4% is lower than the current …
About World Food Programme The World Food Programme (WFP) is the food-assistance branch of the United Nations and the world’s largest humanitarian organization addressing hunger and promoting food security. Assisting almost 100 million people in around 83 countries each year, …
What’s in the news? The Ministry of Social Justice and Empowerment has launched the ‘Samajik Adhikarita Shivir’ initiative for distribution of aids and assistive devices to ‘Divyangjan’. A total of 5286 aids and assistive devices valued at Rs. 2.33 crore …
Why in News: ISRO plans to place, into orbit, an Earth Observation Satellite (EOS – 04) on board the PSLV C-52 Polar Satellite Launch Vehicle (PSLV) is the third generation launch vehicle of India. It is a four-staged launch vehicle …
What are they? Solar storms/wind are magnetic plasma ejected at great speed from the solar surface. They occur during the release of magnetic energy associated with sunspots (‘dark’ regions on the Sun that are cooler than the surrounding photosphere), and …
Why in News: Scientists in the United Kingdom said they have achieved a new milestone in producing nuclear fusion energy, or imitating the way energy is produced in the Sun. A team generated 59 megajoules of sustained energy. 1 Joule …
Monocropping is the agricultural practice of growing a single crop year after year on the same land, in the absence of rotation through other crops or growing multiple crops on the same land, which is known as polyculture. When it …
What is a Marine Heatwave ? Marine heatwaves are periods of “extremely high temperatures” in the ocean. Marine heatwaves can occur in summer or winter and they are defined based on differences with expected temperatures for the location and time …
About MPC The Monetary Policy Committee (MPC) is a committee of the RBI which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level. The 2016 amendment of …