About Finance Commission The Finance Commission is a constitutional body set up under Article 280 of the Constitution. Under Article 280, the President of India is required to constitute a Finance Commission at an interval of five years or earlier. …
Context: Post World War II order is facing a confluence of forces like, resurgent nationalism, protectionism, minilateralism and resurgence of inter state wars. At this juncture, analysis of Minilateralism becomes important. Definition: Minilateralism involves the formation of small groups of …
Context: The three day conference in Jaipur of police officers(Director General of Police level) from across India, was a kind of stocktaking exercise as well as learning experience, as many subjects of contemporary relevance were discussed in detail. Interaction of …
Context: The Speaker of Maharashtra State Legislature recognised the Shinde faction of Shiv Sena party as the real Shiv Sena party recently. These actions followed instructions of the Supreme Court but were not in consonance with those instructions. Defection and …
Context: In recent years, Governors of different states are often in the news for conflicts with the State Council of Ministers(CoM). In light of these conflicts, understanding the legal consequences and identifying possible solutions to resolve these conflicts is crucial. …
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 …
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 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 …
Background In March 2023, a Constitution Bench of the Supreme Court directed that Chief Election Commissioner and Election Commissioners will be appointed by the President on the advice tendered by a committee of Prime Minister, Leader of Opposition (LoP) in …