MFIs to play a leading role in India’s economic growth: Study

GS Paper 3 Syllabus: Financial Inclusion   Source: Economic Times Context: As per the study conducted by PricewaterhouseCoopers (PwC) and the Association of Microfinance Institutions of India, Microfinance institutions (MFI), will play a leading role in the growth process of India.   What are MFIs? Microfinance institutions (MFIs) are financial companies that provide small loans to …

Acute malnutrition risking 30 million children’s lives: WHO

GS Paper 2 Syllabus: Issues Relating to Development and Management of Social Sector/Services relating to Health   Source: DTE   Direction: The article gives a perspective on the issue of malnutrition in the world along with efforts being made by global agencies. It also briefs about the situation in India.   Context: According to the …

Law Minister’s suggestion to CJI on the appointment of judges: The context and background

GS Paper 2 Syllabus: Structure, Organization and Functioning of the Executive and the Judiciary   Source: IE   Direction: The article attempts to explain the MoP for the appointment of judges to the higher judiciary, as well as the Law Minister’s suggestion to reform the collegium.    Context: The Union Minister for Law and Justice …

Reconstructing past deep-water circulations of the Indian Ocean

GS Paper 1 Syllabus: Geography: Ocean Current   Source: The Hindu Context: New studies have shown that the global overturning circulation controls ocean heat distribution and atmospheric carbon dioxide levels, thus playing a critical role in global climate.   What does the new study show? Studies have indicated that tectonically driven changes in the ocean …