Archives: Current Affair

June 19, 2024

SHAKTI Scheme

Why in News ? Govt in talks to revamp SHAKTI policy for coal linkage process What is SHAKTI Scheme ? The Shakti Scheme, also known as the Scheme for Harnessing and Allocating Koyla (Coal) Transparently in India, is a policy implemented by the Ministry of Power in India. Key Features: Transparent Coal Allocation: The scheme […]



June 19, 2024

The National Financial Reporting Authority (NFRA):

Why in News? The National Financial Reporting Authority (NFRA) will wrap up its first annual inspection of eight audit firms – including the Big Five. About NFRA : The National Financial Reporting Authority (NFRA) is a crucial regulatory body established under the Companies Act, 2013, in India. Objectives: Enhance the Quality of Corporate Financial Reporting: The NFRA strives to ensure […]



June 18, 2024

What is Bio-Bitumen:?

Why in News ? India is looking to start large-scale production of bio-bitumen from biomass or agricultural waste, a move that would help reduce imports of the material used for asphalting of roads while also addressing the persistent issue of stubble burning. India currently imports about half of its annual requirement of bitumen and the […]



June 18, 2024

SIPRI Report 2024

The SIPRI report says China’s nuclear arsenal increased from 410 warheads in January 2023 to 500 in January 2024, and it is expected to keep growing. India possesses more nuclear weapons than Pakistan, while China has expanded its nuclear arsenal from 410 warheads in January 2023 to 500 by January 2024, according to a report […]



June 17, 2024

What is National Curriculum Framework (NCF)?

The National Curriculum Framework (NCF) in India is a crucial document that guides the development of school curriculums across the country. It’s closely linked to the National Education Policy (NEP) 2020. Objectives: Transforming Education: The NCF aims to translate the vision of NEP 2020 into actionable steps for school education. It outlines the desired learning […]



June 17, 2024

What is National Credit Framework (NCrF)?

The National Credit Framework (NCrF) is an initiative in India’s education system aimed at creating a more flexible and unified structure. Here’s a breakdown: What it is: A system that assigns credits to learning across different educational stages – school, higher education, and vocational training. Credits are based on learning outcomes, allowing students to seamlessly […]



June 16, 2024

$379 million initiative

Ecuador, India, Kenya, Laos, Philippines, Uruguay, and Vietnam have joined forces to reduce the environmental impact of the agricultural sector Highly hazardous pesticides and plastic waste from agriculture release toxic persistent organic pollutants into the environment, also harming human health $379 million initiative will realign financial incentives to prevent the use of harmful inputs in […]



June 15, 2024

Kavli Prize-2024:

Why in News? The 2024 Kavli Prize was recently announced. Eight winners were awarded for their contributions to astrophysics, neuroscience, and nanoscience. The Kavli Prize is named after Norwegian-American businessman and philanthropist Fred Kavli. About Fred Kavli: The Kavli Prize is awarded in honour of Norwegian-American businessman and philanthropist Fred Kavli (1927-2013). Born in Erejsford, […]



June 15, 2024

Migrant workers: The Invisible workers

Why in News ? In recent fire in Kuwait   around 49 deaths have been reported and at least 50 people have been injured. Among the deceased, 42 were reportedly Indians and 24 of them were from Kerala. The cause of fire is still not confirmed This incident has once again brought attention to the lack […]



June 15, 2024

President’s power of pardon & Mercy:

Why in News? President Droupadi Murmu has rejected a mercy petition filed by Pakistani national Mohammed Arif who was sentenced to death for the December 22, 2000 terrorist attack at the Red Fort in which three people including two Army jawans were killed. The President’s decision, made on May 27, came after Arif failed to obtain relief […]



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Current Affair | Vaid ICS Institute - Part 114