Day: June 9, 2023
Daily Current Affairs for 09 June 2023
NATIONAL Commission of Railway Safety (CRS): Ensuring Rail Travel Safety in India The Commission of Railway Safety (CRS)is a crucial government commission in India responsible for ensuring the safety of rail travel and train operations. Established during the British era, the Read More …
Air Defender 23 Exercise
Context: NATO is set to kickstart its biggest air deployment exercise- Air Defender 23. The exercise is primarily based in Germany while some tactical and operational level training will occur in Estonia, Latvia and Czech Republic. About NATO NATO is Read More …
Let the River Flow
Context: As growing contentions for Yamuna pollution, which is “one of the most polluted rivers in the world” has brought light to the issue of waste water management, groundwater recharge and drinking water availability in nearby cities dependent of Yamuna Read More …
Transitioning to a Low-Carbon City
Context: As cities dumped 29 trillion tonnes of carbon dioxide into the atmosphere in 2020, transitioning to low carbon or even net zero cities requires integration of mitigation and adaptation options in multiple sectors. Energy System Transition: Potential: An energy Read More …
Modi and Biden’s New Asia
Context: As the Indian Prime Minister heads to Washington for a state visit in two weeks, the unfolding geopolitical churn in Asia triggered by China’s rise will form a critical background to his talks with the US President. The Annual Read More …
RBI’s bi-monthly monetary policy review
Context In the release of Reserve Bank of India (RBI’s) bi-monthly monetary policy review report, the interest rates remains constant for the second consecutive time this year. Significance of the move: The constant interest rates bring relief for borrowers and markets (Capital) as the EMIs Read More …
Do production-linked incentives for manufacturing work?
Context Recently, the former Governor of the Reserve Bank of India (RBI) has questioned the success of the production-linked incentive (PLI) scheme in boosting India’s domestic manufacturing and exports. About India’s manufacturing sector: India’s manufacturing sector is a key contributor to the country’s economic growth. It Read More …
Deposit Insurance Cover for PPIs
Context: A RBI-appointed committee has recommended that the central bank should examine the extension of Deposit Insurance and Credit Guarantee Corporation (DICGC) cover to PPIs, which, at present, is available only to bank deposits. What is a Prepaid Payment Instrument Read More …
KFON- Kerala’s Scheme for Internet Connectivity
Context: The Kerala government recently officially launched the Kerala Fibre Optical Network (KFON). Key Points: Kerala has become the first state to declare the right to internet as a basic right. Through KFON, it aims to reduce the digital divide by ensuring high Read More …