What’s in the news? According to a new study titled ‘Drift of Earth’s Pole Confirms Groundwater Depletion as a Significant Contributor to Global Sea Level Rise 1993–2010’, the excessive extraction of groundwater for drinking and irrigation has shifted the Earth’s …
Context Prime Minister Narendra Modi has launched the National Sickle Cell Anaemia Elimination Mission in Shahdol, Madhya Pradesh. The Mission aims to address the pressing health challenges posed by sickle cell disease, particularly among the tribal population. The launch will …
Context The International Monetary Fund (IMF) has agreed to provide $3 billion to Pakistan in badly needed relief to help bail out the impoverished country’s ailing economy. Mandate of IMF The IMF was set up in 1945 out of the …
About MSSC In the Union Budget 2023-34, the Government announced the Mahila Samman Savings Certificate (MSSC), a new small-savings scheme for women. An account under this scheme can be opened by a woman for herself or by the guardian on …
About Sagarmala The Sagarmala project seeks to develop a string of ports around India’s coast. The objective of this initiative is to promote “Port-led development” along India’s 7500 km long coastline. It aims to develop access to new development regions …
About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely to impact …
What are Electoral Bonds? An electoral bond is designed to be an interest-free bearer instrument like a Promissory Note — in effect, it will be similar to a bank note that is payable to the bearer on demand. It can …
About PMMSY The central government launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY) in 2020 to bring about the Blue Revolution through sustainable and responsible development of the fisheries sector in India. It is implemented by the Department of Fisheries, …