About BIS The Bureau of Indian Standards (BIS) came into existence through an Act of Parliament in 1987. BIS is the National Standard Body of India which functions under the BIS Act 2016. BIS is responsible for the harmonious development …
About Base effect refers to the impact of the rise in price level in the previous year over the corresponding rise in price levels in the current year. For example: While calculating inflation, if the price index had risen at …
How does India measure retail inflation? Inflation refers to a rise in the general level of prices of a set of goods and services over a period of time. India bases its retail inflation metrics on the Consumer Price Index …
About India’s climate policy is informed by its vision of inclusive growth for all-round economic and social development, the eradication of poverty, declining carbon budget, firm adherence to the foundational principles of the UNFCCC, and climate-friendly lifestyles. Background The 1990s …
What’s in the news? The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption. The …
About Invasive Species Any non-native species that significantly modifies or disrupts the ecosystems it colonizes is referred to as invasive in nature. An invasive species can be any kind of living organism, an amphibian, plant, insect, fish, fungus, bacteria, or …
About Section 77 of the Representation of the People Act, 1951 (RP Act) provides for law relating to expenditure incurred by ‘leaders of a political party’. These ‘leaders of a political party’ are popularly known as ‘star campaigners’. These star …
About IMD The Indian Meteorological Department (IMD) was established in 1875. It functions under the Ministry of Earth Sciences (MoES). It is the National Meteorological Service of the country and the principal government agency in all matters relating to meteorology …
About PLFS In India, the National Statistical Office (NSO) has been quinquennially (over a period of five years) collecting data on employment and unemployment but from 2017 onwards, the Periodic Labour Force Survey (PLFS) was launched by the NSO to …
About Solar Energy Corporation of India Ltd (SECI) is a Central Public Sector Undertaking (CPSU) under the administrative control of the Ministry of New and Renewable Energy (MNRE). It was set up in 2011 to facilitate the implementation of National …