• Terminal will be developed with 51% ownership by Sri Lanka’s government and the remaining 49% as an investment by Adani Group and other stakeholders including Japan. It was put on hold due to trade union resistance. Significance of the…
• The Reserve Bank of India (RBI) has set up an academic advisory council with former deputy governor N S Vishwanathan as the chairperson to advise the full-time director of the central bank’s College of Supervisors (CoS). About: • As…
• Indian tech start-up base continues to expand steadily at 8-10% year-on-year growth and 2020 saw a record number of 12 new unicorns-highest ever added in a single calendar year. • A unicorn is a startup that reached a valuation…
• Public stock holding (PSH) programmes are used to purchase, stockpile and distribute food to people in need. About: • While food security is a legitimate policy objective, some PSH programmes are considered to distort trade when they involve purchases…
• Trade Policy Review involves a comprehensive peer-review of the Member’s national trade policies to facilitate the smooth functioning of the multilateral trading system by enhancing the transparency of Members’ trade policies. • India’s last TPR took place in 2015.…
• Gas based economy implies gas would pay major role in energy basket of India. Also, PM stated that work is being done on ‘One Nation, One Gas Grid’ project. • Government aims to increase natural gas share in India’s…
• Transaction data was reportedly lifted from Bengaluru-based digital payments platform, Juspay and is now offered for sale on dark web. About: • Darknet/Dark web refers to encrypted networks on the Internet that cannot be accessed by search engines such…
• Centre is looking at various options, such as inclusion of paddy and wheat in the Pradhan Mantri Annadaata Aay Sanrakshan Abhiyan (PM-ASFIAA), to break the deadlock with protesting farmers. • Inclusion in PM-ASFIAA will make paddy and wheat eligible…
• The Comptroller and Auditor General of India (CAG) has written to the Reserve Bank of India (RBI), seeking details of the performance of state-run banks after their recapitalisation (recap) over the past five years. • This comes in context…
• With the Winter Session of Parliament standing cancelled, there will be no supplementary demand for grants (SDG) till February (when Budget 2021 is presented). • Since SDG is subject to Parliament approval, any mobilisation of additional resources, even within…
• The findings are part of index created by Centre for Land Governance, a private consultancy firm. Index ranks states in terms of women holding land rights in percentage points. Key findings: • Lakshadweep and Meghalaya are best at providing…
• The agreements are signed in a range of areas including new and renewable energy, digital technologies, cyber security, community development projects, and in sharing of information on movement of goods. • Uzbekistan is a key country to further India’s…