Current affairs

India’s Nutraceutical Industry Poised for Global Growth with Supportive Initiatives

Context The global nutraceutical market is currently estimated at approximately $400 billion, integrating aspects of food, pharmaceuticals, and biotechnology. Despite this significant market size, India’s share remains under 2%. This limited participation is largely attributed to the absence of a...

Engineering Export Promotion Council of India

About Engineering Export Promotion Council of India (EEPC) It is a non-profit, non-commercial organisation that promotes India's engineering exports. (Not a Statutory Body) It was established in 1955 under the Ministry of Commerce, Government of India. It is the largest...

Auction of Strategic Mineral Blocks

About Mines and Minerals (Development and Regulation) Act, 1957 Primary Objectives: Develop the mining industry. Ensure conservation of minerals. Enhance transparency and efficiency in mineral exploitation. Key Amendments 2015 Amendment: Auction Method: Introduced mandatory auctioning of mineral concessions to improve...

Supreme Court Judgement on Rules of Public Service Recruitment

About SC Judgement on Rules of Recruitment No Changes Midway Through Recruitment Process: The process of selection and appointment for selecting candidates, cannot be altered after the recruitment process has begun. Principles of Equality and Non-Discrimination: Laws, rules and procedures...

International Seabed Authority

About International Seabed Authority (ISA) It is an autonomous organisation that regulates and controls activities in the seabed beyond national jurisdiction. (HQ- Kingston, Jamaica) Area under its jurisdiction covers around 54% of the total area of the world's oceans. It...

Airships

About Airships Airships are vertical-lift aircraft that use gas to float and steer in the air. Airships don’t fly - they float. There are three main types of airships: non-rigid (or blimps), semi-rigid and rigid. They are bullet-shaped craft filled...

Philippines ‘retakes’ an island in Disputed Sea in Mock Combat

About Disputed locations in South China Sea Nine-Dash Line It is a unilateral demarcation that encompasses around 90% of the South China Sea. It stretches from the Chinese mainland down to the coasts of Malaysia and Indonesia. In 2016, the...

Directorate of Revenue Intelligence (DRI)

About Directorate of Revenue Intelligence (DRI) It is India's premier agency for combating smuggling, trade-based money laundering, and customs-related offences. It works under the Central Board of Indirect Taxes & Customs, Ministry of Finance. It was established in DRI is...

India should be Part of RCEP, CPTPP: NITI Aayog CEO

About RCEP It is a free trade agreement between 15 Asia-Pacific countries that aims to create a modern, mutually beneficial economic partnership Members: 10 ASEAN group members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and...

CAQM changes rules on Stubble Burning

About Commision for Air Quality Management (CAQM) Statutory Body: Under the Commission for Air Quality Management in National Capital Region and Adjoining Areas Act, 2021. Aim: To address air quality issues in the National Capital Region (NCR) and surrounding states,...