Explained: Madhya Pradesh may get a second House. Why do some states have Vidhan Parishads?

Headline : Explained: Madhya Pradesh may get a second House. Why do some states have Vidhan Parishads? Details :The News The State government in Madhya Pradesh has moved to create a Legislative Council for the state. Bicameral System: India has a bicameral system of legislature at the Union level, with the Parliament having two Houses, Lok … Continue reading Explained: Madhya Pradesh may get a second House. Why do some states have Vidhan Parishads?

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Appointment of CDS will fill a void in India’s defence system Editorial 16th Aug’19 IndianExpress

Headline : Appointment of CDS will fill a void in India’s defence system Editorial 16th Aug'19 IndianExpress Details : PM announcing the creation of CDS: One of the most significant announcements made by Prime Minister Narendra Modi on Independence Day in 2019 is the creation of a Chief of Defence Staff (CDS).The CDS is expected to … Continue reading Appointment of CDS will fill a void in India’s defence system Editorial 16th Aug’19 IndianExpress

Technology: Indian space industry, SSLV, NSIL, Antrix, Indian space industry, Commercial Space Industry, ISRO and Private Sector

Headline : ISRO’s new commercial arm gets first booking for launch Details : In News NEWSPACE INDIA Limited (NSIL), the newly created second commercial arm of the Indian Space Research Organisation, recently got its first contract.A private US space services provider, Spaceflight, has booked ISRO’s Small Satellite Launch Vehicle (SSLV), which is yet to be tested, … Continue reading Technology: Indian space industry, SSLV, NSIL, Antrix, Indian space industry, Commercial Space Industry, ISRO and Private Sector

Polity & Governance : People’s Plan Campaign, also known as Sabki Yojana Sabka Vikas

Headline : Coming, digital push to Gram Panchayats Details : In News: The Union government has decided to start People’s Plan Campaign, also known as Sabki Yojana Sabka Vikas in September, after consultations with the representatives of 16 key ministries.Earlier, from October to December, 2018, the government conducted a similar exercise in 2.48 lakh Gram Panchayats (GPs) across the country, … Continue reading Polity & Governance : People’s Plan Campaign, also known as Sabki Yojana Sabka Vikas

Economy: RBI has done its bit, now over to the government Editorial 9th Aug’19 HindustanTimes

Headline : RBI has done its bit, now over to the government Editorial 9th Aug'19 HindustanTimes Details : Rate cut by RBI: Inflation is within control. The economy is slowing down.  RBI has lowered its growth projections for the first half of the year sharply. The RBI’s projections indicate that it expects growth to improve in the … Continue reading Economy: RBI has done its bit, now over to the government Editorial 9th Aug’19 HindustanTimes

Economy: Dividend Tax Distribution, Long Term Capital Gain Tax (LTCG), Surcharge on FPIs

Headline : Market participants seek rollback of surcharge on FPIs, lower LTCG tax Details : The News: In a meeting with Finance Minister, foreign portfolio investors (FPIs) and finance industry players presented a series of proposals to revive investment sentiment. Important Terminologies: About: Dividend Tax Distribution A dividend is a return given by a company to … Continue reading Economy: Dividend Tax Distribution, Long Term Capital Gain Tax (LTCG), Surcharge on FPIs

China, Russia, France share satellite data on Assam floods,UN-SPIDER, International Charter Space and Major Disasters

Headline : China, Russia, France share satellite data on Assam floods Details : In News: The above-average rainfall has led to floods in Assam, Bihar and Uttar Pradesh, with Assam being the hardest hit. India has acquired satellite imagery related to floods from eight international space agencies, due to its membership of the International Charter Space and … Continue reading China, Russia, France share satellite data on Assam floods,UN-SPIDER, International Charter Space and Major Disasters