About the G 20: #GS2 #International Organizations Topic International Organizations: Context: The majority of attendees at the G20 Finance Ministers and Central Bank Governors (FMCBG) conference on Saturday in Bengaluru demanded that Russian troops leave Ukrainian land “completely and unconditionally.” Divisions among the G20 participants […]
About the MGNREGA: #GS II #Governmnt Policies Topic – Government Policies and Interventions: ∙Context: ∙6.49 crore households requested employment through the Mahatma Gandhi National Rural Employment Guarantee Program, according to the Economic Report 2022–23, which was released on January 31—the day before the Union Budget (MGNREGS). Government employment offers were made to 6.48 crore of them, and 5.7 crore of those families accepted them. The survey found that the system had a favourable effect on household income, agricultural output, and costs associated with production. This contributed to “revenue diversification and enhancing rural livelihoods,” according to the statement. ∙MGNREGA: ∙About: One of the biggest labour guarantee programmes in the world, MGNREGA, was introduced by the Ministry of Rural Development in 2005. ∙The program’s main goal is to provide […]
Details of the India EU Free Trade Pact: #GS II #International Relations Topic – International Relations: ∙Context: ∙Piyush Goyal, the minister of commerce for the union, claims that it will take longer to negotiate a free trade agreement (FTA) with the union of 27 nations. ∙Mr. Goyal stated that the EU and two to three additional nations are currently involved in active negotiations for FTAs while speaking at the Technotex conference, which was organised by the business association FICCI in this city. ∙Even with the best efforts of the government, there have been some regulatory obstacles in India for foreign investment. ∙A lawsuit was brought by investors against India: Many multinational corporations, including Vodafone, Cairn Energy, Nissan, White Industries, Telenor, Nokia, and Vedanta, have filed lawsuits against India to force government to uphold the rights specified in the bilateral investment treaties (BITs). The main reason the EU wants an IPA with India is because of this. ∙Despite India’s history of unilaterally changing the law, investors from the EU are nonetheless protected under Indian law. To the detriment of the investor, it is possible to unilaterally alter Indian law. ∙Indian courts’ protracted legal procedures agonisingly prolong the decision-making process. This leads to the desire for protection under international law. ∙Before the INDIA-EU Treaty is signed, what obstacles must be overcome? ∙Non-justiciable tax regulations: By declaring tax-related regulatory measures non-justiciable, India seeks to move taxation policy outside the ambit of the treaty. Given India’s recent experiences with tax-related investment issues with Vodafone, Cairn Energy, and Nissan, the EU finds it difficult to accept this proposition. ∙A two-tiered judicial system In order to settle treaty issues […]
Financial Action Task Force #GS 02 International Relations For Prelims Financial Action Task Force The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. It is an inter-governmental body which sets international standards that aim to prevent these illegal activities […]
G-20 Summit #GS 02 International Relations For Prelims G-20 G20 is a global strategic platform that aims to bring together the world’s biggest industrialised and emerging economies. It has the critical role of ensuring global economic growth and prosperity now and in the future. The […]
Directorate General of Civil Aviation (DGCA) #GS 02 Governance For Prelims Directorate General of Civil Aviation (DGCA) DGCA is a statutory body working under the Ministry of Civil Aviation, Government of India. It was granted statutory status under the Aircraft (Amendment) Act, 2020. DGCA’s vision […]
French troops withdrew from Burkina Faso #GS 02 International Relations For Prelims Operation Barkhane Operation Barkhane is an anti-insurgent operation started on August 1, 2014 and ended on 9th November 2022 and was led by the French military against Islamist groups in Africa’s Sahel region. […]
India US Defence cooperation #GS 02 International Relations For Mains Initiative On Critical and Emerging Technologies (ICET) Initiative On Critical and Emerging Technologies (ICET) was announced in May 2022 to elevate and expand the strategic technology partnership between US and India. The ICET is perhaps […]
New START Treaty #GS 02 International Relations For Prelims New START Treaty New START Treaty was signed in Prague by US and Russia on 8 April 2010, as a replacement to the START (Strategic Arms Reduction Treaty). New START Treaty is officially known as The […]
Prevention of Sexual Harassment in workplace (POSH) Act #GS 02 Governance, Gender Equality For Mains POSH Act POSH Act was evolved from the Vishakha Guidelines given by Supreme Court to prevent sexual harassment in work place. Vishakha Guidelines were inspired by various international conventions such […]