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For : GS-3: Economy, AgricultureCONTEXT:Recently Technology Information, Forecasting and Assessment Council (TIFAC) launched Seaweed Mission for commercial farming of seaweeds and its processing for value addition towards boosting national economy.It was launched on the occasi
Read More About It...For: GS-3: Economy, Infrastructure: Port SectorCONTEXT:Parliament Wednesday saw the first instance of division voting in times of the pandemic, with Major Ports Authorities Bill 2020 passed in Rajya Sabha as members voted through slips in view of social distancing norms in place
Read More About It...For: GS-3: Economy, E-commerceCONTEXT:The Centre plans to issue a clarification on the foreign direct investment (FDI) policy for the e-commerce sector in the wake of investigations into some foreign players’ operations following complaints about malpractices.NEWS IN DETAI
Read More About It...For: GS-3: INDIAN ECONOMY, RESOURCE MOBILISATIONCONTEXT:The Reserve Bank of India (RBI) said on Friday (February 5) that it will give small investors direct access to its government securities trading platform.Retail investors can directly open their gilt accounts with RBI, an
Read More About It...For: GS-3: Indian Economy, Fiscal Policy CONTEXT:Working with a “constrained resource envelope” in the aftermath of the Covid-19, the government essentially had to make a choice between two policy options:Handouts orCapital expenditure.“Government c
Read More About It...For : GS-3: EconomyCONTEXT:Finance Minister Nirmala Sitharaman in Budget 2021-22 announced that a scheme of mega investment textile parks will be launched in addition to the PLI scheme.ABOUT THE SCHEME:Aim:To double the textile industry size to USD 300 billion by 2025-26
Read More About It...For: GS-3: Indian Economy, E-Commerce, ArbitrationCONTEXT:‘Order of Singapore arbitration centre enforceable in India’The Delhi High Court on Tuesday provided interim relief to e-commerce major Amazon by directing Future Retail Limited (FRL) to maintain status quo wi
Read More About It...CONTEXT:Finance Minister Nirmala Sitharaman on 01st Feb, announced various measures in her third Budget for the financial year 2021-’22 to revive the economy hit by the coronavirus pandemic.As expected, the health sector was given the attention it deserved. Most of her Budge
Read More About It...For : GS-3: Indian Economy, Resource mobilisation, GSTCONTEXT:The revenues for the month of January 2021 are 8% higher than the GST revenues of Jan 2020, which in itself was more than Rs.1.1 lakh crore.GST REVENUE COLLECTION:Highest monthly tax collection: Recording the highe
Read More About It...In rem = in the things itself.General conditions of liability for a tort (How tort is committed).Essential condition for a tort:-A wrongful act or omission.The wrongful act must result in causing legal damage to another.The wrongful act must be of such a nature as to
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