Intergovernmental meeting to end plastic pollution concludes

GS Paper 3 Syllabus: Environment Conservation   Source: DTE  Direction: The article highlights some of the effective ways to limit plastic pollution and India’s efforts in this direction.   Context: The first session of the Intergovernmental Negotiating Committee (INC-1) concluded in Uruguay.   Background: The INC-1 was convened and managed by the United Nations Environment …

Digital lending: No clarity say bank and fintech

GS Paper 3 Syllabus: Indian Economy and related issues   Source: IE  Direction: The article discusses the current digital lending ecosystem, the need to regulate it, RBI guidelines and confusion regarding it.  Context: Two months after the RBI issued guidelines on digital lending, Banks, non-banking financial companies (NBFCs) and fintech players are still awaiting clarity …

What’s the effect of the Russian oil price cap, ban?

GS Paper3/GS Paper 2 Syllabus: Indian Economy/ Internal Relations   Source: Indian Express, The Hindu Context: Western countries, G7 and European Union have agreed to cap the price of Russia’s oil exports (to $60 per barrel) in an attempt to limit the fossil fuel earnings that support Russia’s budget, its military and the invasion of Ukraine. What …

Five social sector ministries join PM Gati Shakti

GS Paper 2 Syllabus: Social Justice/ Governance   Source: Financial express  Context: Five key social sector departments – health, women and child development, rural development and panchayat raj, education, and housing and urban affairs – have joined the PM Gati Shakti Scheme, aimed at cutting India’s logistical costs Implementing agency: DPIIT (Department for promotion of …