Facts Corner-Part-20

Quantum Dots: Quantum dots can lead to a new generation of high definition technology. It will pave the way for brighter, lighter and more energy efficient TVs and smart devices. The Science Advances journal says, when quantum dots are clustered together they are more fluorescent, providing a wide variety of Read More …

Must Read News Articles-February-2-2018

Should India have simultaneous elections? Nepal gets a high Rs. 650 crore outlay Farmer Sutra: Jaitley focuses on the rural sector Ayushman Bharat: the big budget scheme A shot in the arm for Urban Rejuvenation Mission Goodbye to fiscal consolidation Promise and delivery: on Union Budget 2018 The question of Read More …

KEY TO BUDGET DOCUMENTS (BUDGET 2018-2019)

Annual Financial Statement (AFS) The Annual Financial Statement (AFS), the document as provided under Article 112, shows the estimated receipts and expenditure of the Government of India for 2018-19 in relation to estimates for 2017-18 as also actual expenditure for the year 2016-17. The receipts and disbursements are shown under three parts Read More …

World Wetlands Day

Context: The Ministry of Environment, Forest and Climate Change (MoEF&CC) in collaboration with Department of Forests, Assam government is organising the national-level celebration of World Wetlands Day (WWD), 2018 at Deepor Beel, a Ramsar Site in Guwahati, today. The 2018 theme ‘Wetlands for a sustainable urban future’ marks the role of healthy wetlands Read More …

What is ‘Dutch sandwich’ in economics?

This refers to a form of tax avoidance used by companies that have their operations across the world to minimise the amount of taxes that they pay on their profits. The technique involves the transfer of a company’s profits through a subsidiary in the Netherlands, where the tax on the Read More …

Goodbye to fiscal consolidation

Take aways of the articles: The fiscal deficit target for 2017-18 had been set at 3.2% of GDP for 2017-18 and 3.0% for 2018-19. The Budget for 2018-19 puts paid to these objectives for now. The fiscal deficit for 2017-18 has ended up at 3.5%. For 2018-19, the government has Read More …

What is ‘Modicare’ and how will it affect you?

Context: The Union Budget presented by Finance Minister Arun Jaitley on February 1, saw the unveiling of a mega healthcare project that is being touted as the world’s largest such scheme, in both extent, and expense. The National Health Protection Scheme (NHPS), which has been dubbed ‘Modicare’ by Mr. Jaitley, Read More …

Must Read News Articles-February-1-2018

‘Indus script was written from right to left’ Stone tools offer insights into history of human evolution Graduates from IIT, NIT to teach in rural areas Don’t want India to become the refugee capital of the world, govt. tells SC Reality check in Sri Lanka Indian aid for Palestine diplomatic Read More …

Ayushman Bharat programme

National Health Protection Scheme to provide hospitalisation cover to over 10 crore poor and vulnerable families News Summary: • The Government announced two major initiatives in health sector, as part of Ayushman Bharat programme.  • ‎This is aimed at making path breaking interventions to address health holistically, in primary, secondary Read More …