Archives: Current Affair

July 13, 2024

What is Project 2025, and why is Donald Trump distancing himself from it?

A policy wishlist is making waves in the United States. The Mandate for Leadership 2025: The Conservative Promise was published in April 2023 by the ‘2025 Presidential Transition Project’, referred to in short as ‘Project 2025’. The 900-page document containing a plethora of extremely contentious policy proposals, has come under the spotlight ahead of next week’s Republican National […]

July 13, 2024

After three shocks, 16.45 lakh jobs lost in informal sector over 7 years

The number of workers employed in the informal sector in 2022-23 has dropped by 16.45 lakh or about 1.5 per cent to 10.96 crore compared to 11.13 crore in 2015-16, according to the latest Annual Survey of Unincorporated Enterprises (ASUSE) for 2021-22 and 2022-23 released by the Ministry of Statistics and Programme Implementation (MoSPI). The […]

July 13, 2024

NITI Aayog’s SDG India Index:2024

Uttarakhand and Kerala have taken the top spot among states in NITI Aayog’s SDG India Index 2023-24, which assesses sustainable development across states on the basis of the United Nations’ Sustainable Development Goals (SDG). Overall, India’s SDG score improved to 71 points in 2023-24 from 66 points in 2020-21, supported by progress made in poverty […]

July 13, 2024

Special Category Status” (SCS) and “Special Status:

Why states must reconsider their demand for Special Category Status: The concept of special category status was introduced in 1969 by the Planning Commission in the Fourth Five-Year Plan. It was an instrument of positive intervention for allocating higher plan assistance to a few states (through the National Development Council, NDC) that were handicapped due […]

July 10, 2024

Behind Russia’s ‘high income’ rating from World Bank: 

The World Bank upgraded Russia from an “upper-middle income” country to a “high-income” one, a status it last had in 2014. The ranking was boosted by growth in trade (+6.8%), the financial sector (+8.7%), and construction (+6.6%), which led to increases in both the real (3.6%) and nominal (10.9%) GDP. The improvement, however, is on […]

July 10, 2024

What is Atlas conversion factor ?

The Atlas conversion factor is a method used by the World Bank to convert a country’s gross national income (GNI) from local currency into U.S. dollars. This method is designed to reduce the impact of fluctuations in exchange rates. The Atlas method smooths out exchange rate fluctuations by using a three-year average exchange rate, adjusted […]

July 9, 2024

France’s political system : Election Process

France’s political system is a semi-presidential representative democratic republic, which means that it combines elements of both presidential and parliamentary systems. Political System Executive Branch President: The President of France is the head of state and is elected for a five-year term (renewable once). The President has significant powers, including appointing the Prime Minister, presiding […]

July 9, 2024

What is Public debt ? India’s high public debt & its impacts :

What is Public Debt? Public debt, also referred to as government debt or national debt, is the total amount of money a government owes to its creditors. It’s essentially money borrowed by the government to cover spending that exceeds its income (tax revenue and other income sources). Concept: The government borrows money by issuing bonds […]

July 9, 2024

What is category storm ?

A “category storm” typically refers to the classification of tropical cyclones, such as hurricanes, typhoons, or cyclones, based on their intensity. The most widely recognized classification system is the Saffir-Simpson Hurricane Wind Scale, which categorizes hurricanes into five categories based on their sustained wind speeds. Saffir-Simpson Hurricane Wind Scale Category 1 (74-95 mph or 119-153 […]

July 8, 2024

Wildfires ravaging Arctic Circle – EU monitor

Wildfires are once again ravaging the Arctic Circle, the EU’s climate change monitor – Copernicus – has reported. It is the third time in the past five years that high intensity fires have swept across the region. In a statement released on Thursday, Copernicus reported higher air temperatures and drier conditions in Sakha, Russia, which […]

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