Context 146MPs were suspended recently for disrupting Parliamentary proceedings. This is the highest number of MPs suspended in a single session in the history of Parliament. Who can suspend the MPs? How? The Presiding Officer — the Speaker of LS …
Context The Parliament has passed the ‘Telecommunications Bill, 2023’ to transform and reform the telecommunications sector, services, and its networks. The Bill seeks to amend and consolidate the law relating to the development, expansion, and operation of telecommunication services. The …
About Women’s Reservation Bill (Nari Shakti Vandan Adhiniyam) In 2023, the Parliament passed the Women’s Reservation Bill (Nari Shakti Vandan Adhiniyam) which seeks to provide 33% reservation to women in the Lok Sabha and State Assemblies. It is officially known …
What’s in the news? The Government of India, with the approval of the President of India, has constituted the Sixteenth Finance Commission, in pursuance to Article 280(1) of the Constitution. Dr Arvind Panagariya, former Vice-Chairman, NITI Aayog, and Professor, Columbia …
About the scheme The Production Linked Incentive (PLI) aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to set shop in India, the scheme also aims to encourage local companies …
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 North Eastern Development Finance Corporation Ltd (NEDFi) is a Public Limited Company registered under the Companies Act 1956 on 9th August, 1995. The shareholders of the Corporation are IDBI, SBI, LICI, SIDBI, ICICI, IFCI, SUUTI, GIC and its subsidiaries. …
About DRDO Defence Research & Development Organisation (DRDO) works under the Department of Defence Research and Development of the Ministry of Defence. DRDO dedicatedly working towards enhancing self-reliance in Defence Systems and undertakes design & development leading to production of …
About BRICS BRICS brings together five major emerging economies- China, Brazil, Russia, India and South Africa. These 5 countries host 41% of the world population, contributing 31% of the world GDP and over 16% share in world trade. The grouping …
What’s in the news? Indian Space Research Organisation (ISRO) has successfully launched X-ray Polarimeter Satellite (XPoSat) aboard Polar Satellite Launch Vehicle PSLV-C58. The satellite was launched from Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. Ten other scientific payloads were …