As per the information, the Amitabh Kant committee, which was tasked by the Government with suggesting ways to revive stalled real estate projects, acknowledged the financial stress of real estate developers but recommended no direct support.
Union Minister for Urban Affairs heads the CAC. |
About the Committee:
Key observations of the committee:
What are the recommendations of the committee?
Real Estate Regulatory Authority Act, 2016:
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Recently, as on meeting WTO obligations and suggestions to address labour shortages and rising wages, key Central government ministries and departments had conveyed apprehensions to the Union Ministry of Agriculture and Farmers’ Welfare on its proposal to hike the minimum support price (MSP) for kharif crops in the 2023-24 season.
What is Minimum Support price (MSP)?
Objectives of MSP:
Crops under MSP:
MSP and effects on Economy:
Commission for Agricultural Cost & Prices (CACP):
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A total of 48 African countries have now agreed to adopt the Kampala Ministerial Declaration on Migration, Environment and Climate Change (KDMECC) to address the nexus of human mobility and climate change in the continent.
Linkage between Climate change and Human Rights:
Other similar declarations:
Recently, prominent media outlets like New York Times, Reuters, CNN, and ABC blocked OpenAI due to copyright concerns and potential legal actions.
What does OpenAI do?
What started the face-off between news outlets and OpenAI?
The reason given by media against OpenAI was;
Reason for opposing OpenAI by media:
What are concerns associated with ‘OpenAI’?
Context:
India and Greece are finding new ways to revive an age-old relationship.
India-Greece Relations
Agendas highlighted
Driving Forces
Context:
For a democratic country, the political system should be able to adapt the Constitution to challenging times. Also a sovereign nation must shape its future independently, free from external 'universal' values, as debates resurface around concepts like 'Basic Structure Doctrine'.
What is Basic structure doctrine?
The Debate around Basic structure doctrine
India’s Constitutional balance
Context:
According to the National Crime Records Bureau (NCRB), 51,863 cases were reported under The Protection of Children from Sexual O?ences Act in 2021; of them, 33,348 or 64% were of sexual assault. There is a need to educate people related to sexual offences.
Comprehensive Sexuality Education (CSE)
Impact of CSE
Way Forward
Context:
Market observers had predicted that the global economy would experience a slowdown in 2023. Also the forecasts of the International Monetary Fund (IMF) in January 2023 showed that global growth would be 2.9% against 3.4% in 2022.
Economic outlook for 2023
China’s Economy
Concerns for global Economy
China’s government has released the “2023 edition of the standard map of China”, which continues to show the entire State of Arunachal Pradesh and the Aksai Chin region within China’s borders.
About the new map:
This year marks the 30-year anniversary of the Law of Surveying and Mapping of the People’s Republic of China. |
This was the third such list “renaming” places in Arunachal Pradesh by China.
Neeraj Chopra achieved another historic feat by becoming the first Indian athlete to win World Athletics Championships ‘gold medal’ during the men's javelin throw final event in Budapest.
Background:
World Athletics Championships:
According to a recent update, Scientists believe echidnas began as platypuses who left the water and evolved spines.
About the species:
'Goldilocks position' for Indian equities is getting questioned with crude rallying whereas China gaining some traction, rising consumer inflation and yields move up.
About:
Verifying, please be patient.