Rationale of the Scheme Mahatma Gandhi envisioned villages as mini-republics and advocated that true democracy should begin with participation from the grass-root level by the people of every village. The 73rd Constitutional Amendment mandated the three tier Panchayati Raj Institutions …
What’s in the news? According to the Economic Survey 2021-22, tabled in Parliament by the Union Minister for Finance and Corporate affairs. Nirmala Sitharaman, India’s external trade recovered strongly in 2021-22 after the pandemic-induced slump of the previous year, with …
The term central bank digital currency (CBDC) refers to the virtual form of a fiat currency. A CBDC is an electronic record or digital token of a country’s official currency. As such, it is issued and regulated by the nation’s …
What’s in the news? The Annual Status of Education Report (ASER) Chhattisgarh (Rural) 2021 has revealed that the proportion of primary school children who cannot recognize letters of the alphabet has doubled since 2018, and fewer students can now do …
About MSP Minimum Support Price (MSP) is a form of market intervention by the Government to insure agricultural producers against any sharp fall in farm prices. The minimum support prices are announced by the Government at the beginning of the …
About SEZs Special Economic Zone (SEZ) is a geographic area in which the business and trade laws are different from the rest of the country. The objective of developing SEZs include increasing the balance of trade and attracting newer inward-investments …
Although India recognised the Jewish State of Israel in 1950, official diplomatic ties were not established until 1992. Since then, ties between the two nations have improved as a result of shared worries about religious extremism and worldwide terrorism. In …
What is it? A bomb cyclone is a large, intense midlatitude storm that has low pressure at its center, weather fronts and an array of associated weather, from blizzards to severe thunderstorms to heavy precipitation. It becomes a bomb when …