NITI Aayog recently launched a report on measures to ramp up urban planning capacity in India. India is home to 11% of the total global urban population. By 2027, India will surpass China as the most populous country in the world. Unplanned urbanization, however, exerts great strain on our cities. In fact, the Covid-19 pandemic … Continue reading Reforms in Urban Planning Capacity in India
Author: POINT IAS
Phasing out of Hydrochlorofluorocarbons
India, as Party to the Montreal Protocol since June 1992, has been successfully implementing the Montreal Protocol and its ozone depleting substances phase out projects and activities in line with the phase out schedule of the Protocol. India has phased out Chlorofluorocarbons, Carbon tetrachloride, Halons, Methyl Bromide and Methyl Chloroform for controlled uses in line … Continue reading Phasing out of Hydrochlorofluorocarbons
Taxation Laws (Amendment) Bill, 2021: End of Retro Tax
https://www.youtube.com/watch?v=Cudb6PTIOlM&list=PLVOgwA_DiGzoqQsGjmamTu6f453RWpm_I&index=5 The Taxation Laws (Amendment) Bill, 2021 passed by Lok Sabha offers to drop tax claims against companies on deals before May 2012 that involve indirect transfer of Indian assets on fulfilment of specified conditions including the withdrawal of pending litigation and the assurance that no claim for damages would be filed.
Importance of ASEAN-India Partnership
Union Minister for Ports, Shipping & Waterways and AYUSH Shri Sarbananda Sonowal has underlined the importance of cross-border connectivity among India and developing nations of South-East Asia. Addressing the ASEAN summit on Future of India-ASEAN Connectivity Partnerships virtually from New Delhi today, the Minister said, greater connectivity between ASEAN nations has long been both an … Continue reading Importance of ASEAN-India Partnership
Account Aggregator Network- A Financial Data-Sharing System
Last week India unveiled the Account Aggregator (AA) network, a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. Account Aggregator empowers the individual with control over their personal financial data, … Continue reading Account Aggregator Network- A Financial Data-Sharing System
The Importance of Normal Monsoons for the Economy
Making Brown Hydrogen from Coal
The government recently announced a Hydrogen Mission. Coal is one of the important sources of hydrogen making (Brown Hydrogen) apart from Natural Gas (Grey hydrogen) and renewable energy (Green Hydrogen) through electrolysis. In case of renewable energy (Green Hydrogen) surplus solar power is used to electrolyze water into hydrogen and oxygen. The global emphasis is on substituting liquid fuels with … Continue reading Making Brown Hydrogen from Coal
Amendments to Mines and Minerals (Development and Regulation) Act, 1957
The Ministry of Mines administers the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act, 1957) which is the Central Act that governs the development and regulation of mines and minerals in terms of the powers vested in the Central Government as per Entry 54 of the Seventh Schedule of the Constitution. The MMDR … Continue reading Amendments to Mines and Minerals (Development and Regulation) Act, 1957
Importance of Infrastructure for Enhancing Economic Activity
Union Minister for Road Transport and Highways Shri Nitin Gadkari has emphasized the importance of well-developed infrastructure for enhancing the level of economic activity, creating additional fiscal space by improving the revenue base of the government. Addressing the 29th Annual General Meeting of the American Chambers of Commerce in India on the theme ‘infrastructure propelling … Continue reading Importance of Infrastructure for Enhancing Economic Activity
Drone Rules, 2021
The government recently released the liberalised Drone Rules, 2021. Unmanned Aircraft Systems (UAS), commonly known as drones, offer tremendous benefits to almost all sectors of the economy like – agriculture, mining, infrastructure, surveillance, emergency response, transportation, geo-spatial mapping, defence, and law enforcement etc. Drones can be significant creators of employment and economic growth due to … Continue reading Drone Rules, 2021
