Facts for Prelims (FFP) Source: BBC, Reuters Context: The U.S. government has initiated an operation against a pervasive Chinese hacking network called Volt Typhoon, compromising numerous internet-connected devices. The Justice Department and FBI have obtained legal authorization to remotely disable aspects of the hacking campaign, which has raised concerns about compromising Western critical infrastructure. …
Facts for Prelims (FFP) Source: ABP News Context: The black-crowned night heron, locally known as ‘Chongkhu,’ that landed in Manipur and later died was banded at the Weishan Bird Banding Station in Beijing, China. Despite the bird’s unfortunate death, the collaboration emphasizes the significance of global initiatives in tracking and preserving migratory species
Facts for Prelims (FFP) Source: Hindustan Times Context: The Supreme Court of India has issued new guidelines for environmental regulatory bodies, emphasizing the importance of accountability, transparency, and efficiency in their functioning. The court directed regular audits of their performance for the proper institutionalization of environmental regulatory bodies and authorities. The decision came while …
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Facts for Prelims (FFP) Source: PIB Context: The Union Cabinet, approved the extension of the Animal Husbandry Infrastructure Development Fund (AHIDF) to be implemented under the Infrastructure Development Fund (IDF). The scheme aims to incentivize investments in various areas such as dairy processing, meat processing, animal feed plants, breed multiplication farms, agri-waste management, and …
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Facts for Prelims (FFP) Source: TH Context: The Union Cabinet of India has approved a Bilateral Investment Treaty (BIT) with the United Arab Emirates (U.A.E.), aiming to enhance bilateral economic engagement, particularly in manufacturing and foreign direct investment (FDI). The approval is expected to boost investor confidence, attract large investments, and create opportunities for …
GS Paper 3 Syllabus: Indian Economy: Budgeting Source: PIB Context: Read the first Part Here: Part 1 More about Interim Budget: An interim budget, distinct from the regular annual budget, is presented in an election year (2024 is the election year for Lok Sabha). Similar to the Union budget, it undergoes debate in …
Continue reading “Key Highlights of the Interim Union Budget 2024-25 (Part 2)”
