One Nation, One Ration Card’ program implemented across the country: Basics Explained

Recently Assam has operationalized the ration card portability service and with this, the Centre’s ‘One Nation, One Ration Card‘(ONORC) program is implemented across the country, making food security portable throughout the country. The implementation of ONORC was initiated in August 2019….

India’s emerging twin deficit problem: Fiscal Deficit and Current Account Deficit

Read:https://indianexpress.com/article/explained/everyday-explainers/indias-emerging-twin-deficit-problem-explained-7982895/ The above article talks about the emerging challenge faced by the Indian economy due to the emerging fiscal deficit and current account deficit. The main points raised in the article are as follows: In its latest ‘Monthly Economic Review’,…

JUNE 21 MARKED SUMMER SOLSTICE IN NORTHERN HEMISPHERE

June 20-21 is a very important day for our planet and its relationship with the sun. June 20-21 is one of two solstices, days when the rays of the sun directly strike one of the two tropical latitude lines. June 21 marks the…

Union Cabinet Approves 5G Mega Auction: Basics Explained

The Union Cabinet has approved a mega auction of mobile spectrum capable of supporting 5G services, and the Department of Telecom has invited applications from potential bidders.The auction, slated to begin on 26 July, will have 72,000MHz of airwaves on…

India’s merchandise trade widens: Basics Explained

India’s merchandise trade deficit expanded to its highest-ever mark of $24.29 billion in May, driven by a surge in gold imports, adding to the already-high energy import bill amid the Russia-Ukraine war. The trade deficit widened to $24.69 billion in…

The 12th Ministerial Conference of the World Trade Organization: Basics Explained

The 12th Ministerial Conference of the World Trade Organization on June 17, agreed to a series of deals relating to the temporary waivers on Covid-19 vaccines, a moratorium on e-commerce trade, food security, and setting limits on harmful fishing subsidies….