According to the International Labour Organisation (ILO) Global Wage report 2018-19, India has recorded the highest average real wage growth in South Asia during 2008-17. About: • The report highlighted that the global wage growth in 2017 was not only lower than in 2016, but fell to its lowest growth rate since 2008, remaining far…
As per recently released World Bank Report, India needs investment and reform to target inefficiency in entire electricity supply chain to boost and sustain its energy supply. About: • According to the World Bank report, ‘In the Dark – How much do power sector distortions cost South Asia’, the distortions in power sector impose a…
An online portal “ENSURE” has been launched to ease the subsidy payment in the livestock sector through Direct Benefit Transfer (DBT). About: • Recently, Ministry of Agriculture has launched a portal ‘ENSURE’ under Entrepreneurship Development and Employment Generation (EDEG) component of National Livestock Mission. • It is developed by NABARD and operated under the Department…
The Supreme Court has said in a recent order that, to resign is a right of an employee and he cannot be forced to continue. About: • Right to Resign: The apex court made the observations that an employee have the right to resign, while allowing the appeal of a former Air India engineer, who…
A trans-boundary river cruise to Bangladesh from Kolkata via Guwahati commences on March 2019. About: • A trans-boundary river cruise operation is expected to begin from Kolkata in March next year through Sundarbans to Bangladesh and then to connect the northeastern destinations. • Private players will be allowed to operate river cruise between the two…
NCLT, while hearing a case, has given the powers related to resolution or liquidation to the CoC under the Insolvency and Bankruptcy Code, 2016 (IBC). About: • National Company Law Tribunal (NCLT) was hearing a case related to Ashok Magnetics, which was brought under insolvency proceedings last year. • The company owed almost Rs 13…
Civil Aviation ministry announced that it had started the process of registration for drone operations in the country, to be done through portal called ‘Digital sky’. About: • Flying drones or remotely-piloted aircraft have become legal in India with the National Drones Policy drafted by the Ministry of Civil Aviation. • Drone regulation 1.0: The…
France has topped the Food Sustainability Index (FSI), 2018 while India is poorly placed. About: • The Food Sustainability Index (FSI) is a global study on nutrition, sustainable agriculture and food waste which collects data from 67 countries across the world to highlight best practices and key areas for improvement in relation to the food paradoxes…
Recently, NASA’s Parker Solar Probe made its first close pass by the Sun. About: • On October 29, 2018 Parker became the closest spacecraft ever to the Sun. It beat the record that was previously set by the Helios 2 in 1976. • Purpose of the probe: Over duration of seven years, the Parker Solar…
The revised GDP Growth rate figures for 2004-2014 based on the back-series data show less growth than earlier figures. About: • The GDP back series data released in November trimmed the growth numbers for the UPA government’s nine years (2005-06 to 2013-14), with the Indian economy growing at an average 6.7% in four years of…
