IMPORTANT UPSC TOPIC

Directive Principles of State Policy (DPSP) Background: The source of the concept of Directive Principles of State Policy (DPSP) is the Spanish Constitution from which it came in the Irish Constitution. The concept of DPSP emerged from Article 45 of the Irish Constitution. Constitutional Provisions: Part IV of the Constitution of India (Article 36–51)  contains […]

Base Erosion and Profit Shifting (BEPS)  BEPS is a term used to describe tax planning strategies that exploit  mismatches and gaps that exist between the tax rules of different jurisdictions.  It is done to minimize the corporation tax that is payable overall, by either making tax profits ‘disappear’ or shift profits to low tax jurisdictions

OPEC + According to the International Energy Agency (IEA), the Organisation of the  Petroleum Exporting Countries (OPEC+) plus might face sharp demand fall due to a recent surge in crude oil production from the countries like USA, Norway, and Guyana. The non-OPEC countries which export crude oil are termed as OPEC plus countries. OPEC plus

Anti-Methanogenic Feed Supplement: Harit Dhara   Indian Council of Agricultural Research (ICAR) has developed an anti methanogenic feed supplement ‘Harit Dhara’ (HD), which can cut down cattle methane emissions by 17-20% and can also result in higher milk production. Key Points About: HD decreases the population of protozoa microbes in the rumen, responsible for hydrogen

Project BOLD: KVIC  Recently, the Khadi and Village Industries Commission (KVIC) launched a project named Bamboo Oasis on Lands in Drought (BOLD) from the village NichlaMandwa in Udaipur, Rajasthan. Khadi and Village Industries Commission (KVIC)   It is a statutory body established under the Khadi and Village Industries Commission Act,  It is charged with the planning, promotion, organisation and implementation of programmes for the development of Khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever  It functions under the Ministry of Micro, Small and Medium  Key Points About: Under the project 5000 saplings of special bamboo species – BambusaTulda and BambusaPolymorpha from Assam – have been planted over 16 acres of vacant arid Gram Panchayat land of village  KVIC has thus created a world record of planting the highest number of bamboo saplings on a single day at one  It is the first of its kind exercise in  It seeks to create bamboo- based green patches in arid and semi-arid land zones. It has been launched as

India in GAVI Board Recently, the Union Minister of Health and Family Welfare has been nominated by the Global Alliance for Vaccines and Immunisation (GAVI) as a member on GAVI board. Earlier in May 2020, Union Minister of Health and Family Welfare was also elected as the Chair of the World Health Organization’s Executive Board. Key Points The minister will be representing the South East Area Regional Office (SEARO)/Western Pacific Regional Office (WPRO) constituency on the

Shanghai Cooperation Organization (SCO) What is the SCO? A permanent multinational intergovernmental organisation is the SCO. Keeping the peace, security, and stability in the area is the goal of this Eurasian political, economic, and military organisation. In 2001, it was founded. In 2003, the SCO Charter came into effect after being signed in 2002. It

Masala Bonds Asian Development Bank (ADB) has listed its 10-year masala bonds worth Rs 850 crore on the global debt listing platform of India INX. The proceeds would be used to support local currency lending and investment in India. Background: India INX is the country’s first international exchange, located at International Financial Services Centre, GIFT City in Gujarat. ADB’s masala bonds are listed on both Luxembourg exchange and India