Ocean of Knowledge
Industrial Corridors 09 Dec 2019 11 min read Why in News Government has approved the development of the five industrial corridor projects which will be implemented through National Industrial Corridor Development and Implementation Trust (NICDIT). Introduction An industrial corridor is basically a corridor comprising of multi-modal transport services that would pass through the states as…
Insolvency and Bankruptcy Code 12 Dec 2019 9 min read Why in News The Union Cabinet has approved the proposal to make amendments in the Insolvency and Bankruptcy Code (IBC), 2016, through the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019. The amendments aim to remove certain difficulties being faced during insolvency resolution process to…
Credit Ratings 16 Dec 2019 7 min read Context International ratings agency Moody’s Investors Service downgraded India’s outlook to negative from stable on concerns that country’s economic growth will remain lower than in the past. The agency said prolonged financial stress among rural households, weak job creation, and a credit crunch among non-bank financial institutions…
Strategic Disinvestment 02 Jan 2020 10 min read Why in News The government’s plans to sell Bharat Petroleum Corporation (BPCL), Container Corporation of India (Concorp) and Air India are unlikely to conclude by March 2020. It might result in missing the disinvestment target of Rs 1.05 trillion for 2019-2020 by a wide margin. Disinvestment Disinvestment means sale or…
Environmental Impact Assessment 06 Jan 2020 12 min read Introduction Environmental Impact Assessment (EIA) is a process of evaluating the likely environmental impacts of a proposed project or development, taking into account inter-related socio-economic, cultural and human-health impacts, both beneficial and adverse. UNEP defines Environmental Impact Assessment (EIA) as a tool used to identify the…
Sustainable Development 20 Jan 2020 17 min read Why in News NITI Aayog has released the second edition of the Sustainable Development Goals (SDGs) India Index (SDG Index 2.0). The index documents the progress made by India’s States and UTs towards achieving the 2030 SDG targets. 2020 will be the 5th anniversary of the adoption…
Biosphere Reserves in India 23 Jan 2020 8 min read Last Updated: September 2022 For Prelims: Biosphere Reserve, United Nations Educational, Scientific and Cultural Organization (UNESCO), Biosphere Reserves in India, Man and Biosphere Programme. For Mains: Biosphere Reserves: Criteria for Designation, Main Zones, Functions, International Status. What is Biosphere Reserve? Biosphere Reserve (BR) is an…
e-Commerce in India 27 Jan 2020 7 min read Introduction Electronic commerce or e-commerce is a business model that lets firms and individuals buy and sell things over the Internet. Propelled by rising smartphone penetration, the launch of 4G networks and increasing consumer wealth, the Indian e-commerce market is expected to grow to US$ 200…
Coastal Regulation Zone 10 Feb 2020 10 min read Why in News? The four high-rise luxury apartment complexes in Maradu municipality in Kochi, which violated Coastal Regulation Zone (CRZ) notifications, were demolished on January 11 and 12 following a Supreme Court order. Introduction The coastal areas of seas, bays, creeks, rivers, and backwaters which get…
Government Budgeting 13 Feb 2020 17 min read Why in News The Union Minister of Finance recently presented the Budget 2020-21 in the Parliament. The central theme of the Budget- “Ease of living for all citizens” was based on three prominent themes: Aspirational India – better standards of living with access to health, education and…