Arbitration: Arbitration is a settlement of dispute between two parties to a contract by a neutral third party i.e. the arbitrator without resorting to court action. The process can be tailored to suit parties’ particular needs. Arbitrators can be chosen for their expertise. It is confidential and can be speedier and cheaper …
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Introduction: The International Energy Agency (IEA) has recently released its World Energy Outlook 2022 report which stated that global emissions will peak in 2025. This report explores key questions about the crisis, including setbacks for clean energy transitions, government responses on energy markets and possible risks ahead on the path to net zero …
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Disaster Management Act, 2005: The stated object and purpose of the DM Act is to manage disasters, including preparation of mitigation strategies, capacity-building and more. It came into force in India in January 2006. The Act provides for “the effective management of disasters and for matters connected therewith or incidental thereto.” The Act calls for the establishment …
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Global warming: Since the Industrial Revolution, the global annual temperature has increased in total by a little more than 1 degree Celsius, or about 2 degrees Fahrenheit. Between 1880—the year that accurate recordkeeping began—and 1980, it rose on average by 0.07 degrees Celsius (0.13 degrees Fahrenheit) every 10 years. Since 1981, however, the rate …
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Introduction: Every region in India is identified with its handicraft, fairs, folk dances, music and its people. Hence, India is a country with a great potential for tourism. The tourism industry employs a large number of people, both skilled and unskilled. It promotes national integration and international brotherhood. There is no other …
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Accessing Medical Education: Equity in accessing medical education is of vital importance. While public institutions substantially subsidise medical education, the NMC will determine fees for a percentage of the seats in private medical colleges and deemed universities. This move will broaden the opportunity for students from all sections of the society to undertake medical education. This …
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Economic and trade relationship: The India-Australia economic relationship has grown significantly in recent years. India’s growing economic profile and commercial relevance to the Australian economy is recognized, both at the federal and state level in Australia. India’s exports to Australia stood approximately at US$ 4.6 billion (A$6.1 bn) in 2016 while India’s …
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POCSO Act: The Protection of Children from Sexual Offences Act (POCSO Act) 2012was formulated in order to effectively address sexual abuse and sexual exploitation of children. Role of police:The Act casts the police in the role of child protectors during the investigative process. Thus, the police personnel receiving a report of sexual abuse of a child are …
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Introduction: RBI has commenced India’s first Digital Rupee pilot project has commenced in the wholesale segment. The use case for this pilot is settlement of secondary market transactions in government securities and nine banks have been identified for participation in this pilot project. According to the Central Bank, use of digital ruppe in …
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Introduction: Project Tiger in India was launched on 1st April 1973 as a major wildlife conservation project in India. It was launched from the Jim Corbett National Park of Uttarakhand. The initiative is funded by the Union Govt. of India and administered under the Ministry of Environment, Forests and Climate Change. National Tiger …
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Introduction: The National Logistics policy aims to reduce the cost of logistics from 14-18 percent of GDP to global best practices of 8 percent by 2030. Countries like the US, South Korea, Singapore, and certain European nations have such a low logistics cost-to-GDP ratio. The policy’s target is to ensure that logistical issues …
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Introduction: India hosted UN Security Council’s Counter-Terrorism Committee’s two-day meet which was attended by representatives of all 15 UNSC members. Highlighting terror threats from the use of emerging technologies External Affairs Minister S. Jaishankar said terrorism is still one of the gravest threats to humanity. With China blocking the listing of five Pakistan-based terrorists …
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Introduction: Air quality in the Delhi-NCR is deteriorating with each passing day and it continues to remain in the severe category. Air pollution in the national capital and NCR region has been severely affecting people’s health especially elders and children. This problem however is not just limited to the NCR region. According to the …
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Introduction: The global economy, which is still reeling from the Covid pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. In its World Economic Outlook update July 2022, the IMF projects the global economy to slow further to 3.2% in 2022, from a forecast of 3.6 per cent …
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Introduction: In 2006 British mathematician Clive Humbly said that Data is the oil of the 21st Century. This has indeed turned out to be true with the rapid growth of the digital economy. Data plays an increasingly important role as an economic and strategic resource. It can be used to make decisions with economic …
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Introduction: The Reserve Bank of India will soon commence limited pilot launches of the digital rupee for specific use cases. A concept note on the Central Bank Digital Currency was released on Friday. It explains the objectives, choices, benefits and risks of issuing digital rupee. The 51-page document also discusses key considerations such …
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Introduction: The death of 66 children in Gambia, linked to cough syrups manufactured by an Indian firm, has spurred the government to launch an urgent probe into the matter. Samples of the cough syrups, being blamed for the deaths, have been sent for testing. This after the World Health Organisation raised an alert, linking …
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Introduction: Prime Minister inaugurated 5G services in India on marking the beginning of the use of the next generation network in the country. The 5G services will be rolled out in a phased manner. The 13 cities where 5G networks will be launched first include Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad, Jamnagar, Kolkata, …
Introduction: Shanghai Cooperation Organization 22nd Summit was organized in Samarkand, Uzbekistan, with Prime Minister Modi in attendance. SCO: Shanghai Cooperation Organisationor SCO is a Eurasian political, economic and security organisation. SCO grew out of Shanghai Five founded in 1996 with China, Russia, Kazakhstan, Kyrgyzstan and Tajikistan as its original members. After the disintegration of Soviet Union in …
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Introduction: India is keen to strengthen its partnership with Russia on Arctic subjects and there is immense scope for cooperation in newer areas, particularly in the field of energy. Prime Minister Narendra Modi said this in an online plenary session address at the Eastern Economic Forum, being held in the Russian city of …
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