(106th Amendment) Act, 2023, 1

SIMULTANEOUS ELECTIONS 1

ARTIFICIAL INTELLIGENCE AND ELECTIONS 1

PERSONALITY RIGHTS 1

SECRETARIAT OF THE PARLIAMENT 1

1. POLITY AND GOVERNANCE 108 MIGRANTS FROM PAKISTAN AWARDED

1
CITIZENSHIP

Disqualification of MPs & MLAs (A-102 & 191) 1

PANEL OF VICE-CHAIRPERSONS 1

Parliamentary Committee report -‘Prison

1
conditions, Infrastructure and Reforms’

Delhi Special Police Establishment (DSPE)

1
Act 1946

INDIA AND G20 - India held the Presidency

of the G20 summit (first time at New Delhi,)
6
the theme “Vasudhaiva Kutumbakam” or
“One Earth, One Family, One Future”.

INDIA: THE VOICE OF GLOBAL SOUTH 1

ASEAN - 1967 | Bangkok Declaration |

economic growth - social progress - cultural 1
dev | regional peace & stability |

ABRAHAM ACCORDS - collective

agreements b/w USA-UAE-Israel | sig-2020 1
| extension: Sudan-Bahrain-Morocco |
2. INTERNATIONAL RELATIONS
SAUDI ARABIA 1

INTERNATIONAL ORGANISATION OF LEGAL

1
METROLOGY (OILM) CERTIFICATE

UNITED NATIONS COMMISSION ON

1
INTERNATIONAL TRADE LAW (UNCITRAL)

L.69 GROUPING 1

5 Eyes Alliance 1

GDP ESTIMATION IN INDIA 1

CROSS BORDER PAYMENTS 1

CORPORATE GOVERNANCE 1

REGULATION OF CRYPTO ASSETS 1

TRAI released a Consultation Paper on

“Digital Inclusion in the Era of Emerging 1
Technologies”.

The recent inflation is largely because of the impact of rising food prices, as food and beverages carry 45.9% weight in the
CPI basket |
Factors affecting - Monsson viability | Global commodity prices | govt policies | Infra | exchange rate fluctuations | Outbreak of
pests & diseases |
FOOD INFLATION IN INDIA All India Consumer Price Index Groups -- Food and Beverages (45.9%) | Pan, Tabacco & Intoxicants (2.4%) | Clothing
& Footwear(6.5%) | Fuel & Light (6.8%) | Hosuing (10.1%) | Miscellaneous (28%)
Govt measures - Export restrictions (export ban + export duty +MEP ) | Stock limits | Buffer Stocks | Food Security scheme
(PM-Garib Kalyan Ann Yojana) | Direct support to farmers (MSP) | Supply-side measures

It is integration of cutting-edge digital technologies into the farm production system ( AI + robotics + UAVs ) | G20 Delhi
declaration - to promote responsible, sustainable and inclusive use of digital technology in Agri |
Significance - Input Supply (Use of AI with agricultural data.) | Production (Sub Mission on Agricultural Mechanization
(SMAM).) | Trading(e-NAM) | Warehousing | Improved Governance (NeGP-A + (IDEA) framework.) | Social benefit (PM-KISAN
Mobile App.) |
DIGITISATION OF AGRICULTURE Challenges - landholdings (Agriculture Census,- the average size of operational holdings has dec from 2.28 hectares in 1970-
71 to 1.08 hectares in 2015-16.) | Nascent stage of Agritech startups (only 1% agritech startup penetration) |
Latest initiatives in digitisation of agriculture - The Kisan Rin Portal (KRP) offers a comprehensive view of farmer data |
Weather Information Network Data Systems (WINDS) manual | National e-Governance Plan in Agriculture (NeGP-A)
Data- Farm Mechanisation in india is 40% (US-95%, Brazil-75%, China -57%)

260 billion USD -valuation of Indian Logistic sector in 2022 | WB Logistics Performance Index 2023 - India @38th rank |
Cost of Indian Logistics sector is 13-14% GDP |
About NLP - Intro in Sep22 | seamless flow of goods across the country | integrated, seamless, efficient, reliable, green,
sustainable and cost effective |
8 action areas of CLAP -
NATIONAL LOGISTICS POLICY 1. Integrated Digital Logistics Systems | 2.Standardization of physical assets & benchmarking service quality standards |
3.Logistics Human Resources Development and Capacity Building | 4.State Engagement | 5.EXIM (Export-Import) Logistics |
6.Service Improvement framework | 7.Sectoral Plan for Efficient Logistics | 8. Facilitation of Development of Logistics Parks.
Challenges in NLP - Fragmented Logistics sector (Unorganized players control 90% of the market.) | Lack of logistics
standardisation | Lack of skilled workforce (only 4.7% are formally skilled) | Lack of coordination between states | Lack of
acceptance of Digital technologies |

India has about 14,500 km of navigable waterways comprising rivers, canals, backwaters, creeks, etc | National waterways -
central govt & rest - state govt |
Importance - Cost savings( dec cost approx upto 13-14% of GDP) | Environment friendly (Least fuel consumption per
tonne–km) | Strategic importance (NE India) | Supplementary mode | Tourism and Recreation |
Issues associated - Unviability of projects( Of the 111 notified national waterways only 23 have been made operational.) |
INLAND WATERWAYS Low level of investment compared to road and rail | maintaining Least Available Depth (LAD) is challenge | Impact on the
environment | Clearance at Cross Structures/bridges |
Steps taken - Development of National Waterways (National Waterways Act , 2016) | Jal Marg Vikas Project (JMVP) | Ro-
Ro & RO-Pax ferry | IWT under Maritime India Vision 2030 | IWT under Blue Economy Vision 2047
Freight movement on waterways in India- 2% of modal share whereas USA-4%, Netherlands-49%, China-14% and Vietnam-
48%.

Central Sector Scheme | FY 2023-24 to FY 2027-28 | MoMSME | Benefits under Scheme shall be restricted to 1 member of
family |
PM VISHWAKARMA SCHEME -Scheme for Benefits - Marketing Support (Quality Certification, Branding & Promotion, E-commerce linkage) | Cheap credit | Skill
traditional artisans and craftspeople Upgradation | Creating a holistic support ecosystem | Preserving Traditions | Promote Gender justice and social justice
SEP23 - ORNs Other such initiatives for Artisans - National Handicraft Development Programme (NHDP) | PEHCHAN scheme by the
Ministry of Textiles |

G20 -SUSTAINABLE FINANCE WORKING

aims to mobilise sustainable finance to help ensure global growth and stability | core - G20 Sustainable Finance Roadmap |
GROUP (SFWG)
3. ECONOMY
are not reflected in the budget, even though budgetary resources will have to be used for their repayment | not part of the
calculation of the fiscal indicators |
OFF-BUDGET BORROWINGS (OBBS) Reasons for resorting to OBB - Bypass Fiscal Deficit targets under the FRBM Act, 2003 | Avoid borrowing limits under Article
293 (3) | Avoid delay in central grants |

FI Index shows growth across all segments (60.1% for March 2023) | including details of banking, investments, insurance,
postal as well as the pension sector | constructed without any ‘base year | tracks 97 indicators (sub indices - Access (35%
RBI’S FINANCIAL INCLUSION INDEX weightage) + Usage (45%) + Equality (20%).) |
Initatives for Financial Inclusion - PM Jan Dhan Yojana | Atal Pension Yojana | PM- Jeevan Jyoti Bima Yojana | Stand Up India |
PM- Vaya Vandana Yojana | RBI's National Strategy for Financial Inclusion

HOUSEHOLD FINANCIAL SAVINGS According to RBI data, India’s household savings have touched decadal lows of 5.1% in FY23.

is the process through which policy action of the central bank is transmitted to meet the ultimate objectives of inflation
MONETARY POLICY TRANSMISSION (MPT)
and growth. | To improve the transmission RBI introduced marginal cost of funds-based lending rate (MCLR) system in 2016.

developed by Basel Committee to improve banking sector’s ability to absorb shocks | mandates banks to maintain a CAR or
BASEL-III CAPITAL FRAMEWORK Capital to Risk-weighted Assets (CRAR) at least 8% | RBI introduced Basel-III capital framework for AIFIs (Exim Bank,
NABARD, NaBFID, NHB, SIDBI) |

Liquidity Deficit in the banking system widened to ₹1.46 trillion, highest since 2019. | RBI controls liquidity in banking system
LIQUIDITY DEFICIT IN THE BANKING SYSTEM
through LAF |

IPPB compleated 5 yrs | registered under the Banking Regulation Act, 1949 | scheduled payment bank | More than 6 crore
accounts |
INDIAN POST PAYMENT BANK Payment Banks (PBS) - Established on the recom of Nachiket Mor committee | Accept : Demand deposit upto 1 Lac, Mobile
payment also | Not Accept: FD,+ TD,+ RD,+ NRI deposits |

in a fixed exchange rate system, “bad money drives out good”. | comes into play when exchange rate between two
GRESHAM’S LAW
currencies is fixed by government at a certain ratio that is different from market exchange rate

an interest rate derivative contract in which two entities agree to swap/ exchange a fixed interest rate payment (OIS rate)
OVERNIGHT INDEX SWAP (OIS
for a floating interest rate payment. | also considered a measure of monetary policy expectation |

Debt Market is the market where fixed income securities of various types and features are issued and traded. | G-sec + Bonds,
DEBT MARKET
+ Debentures, + Commercial Papers, + Certificates of Deposit, etc |

Ministry of heavy industries (MHI) | extended for another year to 2027-28 | Minimum 50% domestic value addition. | Govt
PLI - AUTOMOBILE AND AUTO COMPONENTS aims to inc the contribution of auto sector to India's GDP to 12% (currently 7.1%) & employment to 50 million (currently 37
million).

engineered textile materials and products used primarily for their technical performance and functional properties | TTs are
TECHNICAL TEXTILES (TTS)
broadly classified into 12 different categories( Agrotech +, Oekotech, + Buildtech, + Meditech, + Geotech, etc.)

Majority of 5.4 million people employed in technology industry | clustered around 7 major cities ( Delhi, Mumbai, Kolkata,
Chennai, Bengaluru, Hyderabad and Pune.) | As per report- India's IT industry is moving to new cities (decentralising to 26
cities)
REPORT ON EMERGING TECH HUBS OF INDIA Why are IT companies moving - Rising cost of operations in major hubs(60-70% Inc in realestate cost) | Better access to
skilled talent pool (11–15% of tech talent is based in tier 2 + 3 cities ) | Rapid development | Growing proliferation of start-ups
and incubators (39% of tech start-ups estab in 2022 are from emerging hubs) |

Around 19.3 million MSMEs which employ around 131.04 million individuals are registered on the Udyam portal.(provides
MSMEs in India MSMEs with a permanent registration) | MSMEs are engaged in 27% in manufacturing and 73% are in services. |
Significance of E-Commerce integration - increase in sales | higher turnovers | higher share of permanent employees |

India is the world’s largest importer of Phosphorus | India - Rajasthan & MP | World - Morocco, Western Sahara, China,
INDIA IS RUNNING OUT OF PHOSPHORUS Algeria |
Harmful effects of phosphorus - growth of toxic algal blooms | heart disease.

is an extra charge being collected by OPEC countries from Asian countries when selling oil in comparison to Western
ASIAN PREMIUM
countries.("North Atlantic Discount".) | Saudi Arabia has now reduced the premium to $3.5per barrel |

Dedicated Coal Corridors (DCC) - high-capacity railway corridor that is exclusively meant for transportation of coal across
Coal Industry country. |
Rationalisation of Coal Linkage: to reduce the distance in transportation of coal from Coal Mines to consumers

4. SECURITY

5. ENVIRONMENT

6. SOCIAL ISSUES

7. SCIENCE AND TECHNOLOGY

8. CULTURE

9. ETHICS

10. SCHEMES IN NEWS