August 2021

Context: According to research published this week in Nature Climate Change, the Atlantic Meridional Overturning Circulation (AMOC) is losing its stability. AMOC is expected to diminish over the next century, according to the IPCC's Report (AR6), which was issued on August 9. About: Atlantic Meridional Overturning Circulation...

Delays in corporate insolvency: Context: The Ministry of Corporate Affairs has been chastised by the Parliamentary Standing Committee on Finance for chronic vacancies in National Company Law Tribunals (CLTs), which are causing delays in corporate insolvency under the Insolvency and Bankruptcy Code (IBC). About: Observation of Parliamentary Standing Committee...

Context: The Cabinet Committee on Economic Affairs has approved the continuance of the amended Samagra Shiksha Scheme for another five years, from 2021-22 to 2025-26, with a total budgetary outlay of Rs.2,94,283.04 crore, including Rs.1,85,398.32 crore from the Central government. The programme involves 1.16 million...

Drone flights have been completed in 52,970 villages, and property cards have been handed to property owners in 7440 villages. About: SVAMITVA Scheme:  With the issuing of legal ownership rights (Property cards/Title deeds), the SVAMITVA Scheme intends to offer the ‘Record of Rights' to village household owners who own...