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K-Shaped Recovery

K-Shaped Recovery A K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes. This is in contrast to an even, uniform recovery across sectors, industries, or groups of people. A K-shaped recovery leads to changes in the structure of the economy or the broader society as economic outcomes and relations are fundamentally changed before and after the recession. This type of recovery is called K-shaped beca

Supernova explosion From Wolf–Rayet Stars Traced

Indian astronomers from Aryabhatta Research Institute of Observational Sciences have tracked a rare supernova explosion and traced it to one of the hottest kind of stars called Wolf–Rayet stars or WR stars.   The rare Wolf–Rayet stars are highly luminous objects a thousand times that of the Sun. They strip their outer hydrogen envelope which is associated with the fusion of Helium and other elements in the massive core. Supernova A supernova

India's Rising Supercomputing Capabilities

India's Rising Supercomputing Capabilities India is fast emerging as a leader in high-power computing with the National Super Computing Mission (NSM) boosting it to meet the increased computational demands of academia, researchers, MSMEs, and startups in areas like oil exploration, flood prediction as well as genomics and drug discovery. Completion in of Phase II of NSM in September 2021 will take the country’s computing power to 16 Petaflops (PF). Infrastructure planned in

First Meeting of BRICS Finance Ministers and Central Bank Governors

First Meeting of BRICS Finance Ministers and Central Bank Governors As 2021 BRICS Chair, India’s approach is focused on strengthening intra-BRICS cooperation based on Continuity, Consolidation and Consensus. BRICS Finance Ministers and Central Bank Governors discussed the financial cooperation agenda set by India for 2021 - Global Economic Outlook and Response to COVID-19 pandemic, New Development Bank (NDB) Activities, Social Infrastructure Financing and Use of Digital Technologies,

92% Projects under PMAY-G Completed

92% of Projects under PMAY-G Completed Under the Pradhan Mantri Awaas Yojana – Gramin (PMAY-G), 92% target of completion has been achieved in the 1st phase of the scheme i.e. from 2016-17 to 2018-19 with intended beneficiaries also coming down from 2.95 cr to 2.14 cr due to duplication and other incidences. Rural Housing In India The public housing programme in the country started with the rehabilitation of refugees immediately after independence and since then, it has bee

Global Gender Gap Report 2021

Global Gender Gap Report 2021 Global Gender Gap Report 2021 was released recently. Released by World Economic Forum Key takeaways India has fallen 28 places  It is now one of the worst performers in South Asia,  It is ranked below neighbouring countries – Bangladesh, Nepal, Bhutan, Sri Lanka and Myanmar. India’s rank: 140 among 156 countries. South Asia incidentally is one of the worst performing regions, followed only by the Middle

Modernization plan of Central Warehouse Corporation

Modernization plan of Central Warehouse Corporation Recently Min of Food Supplies talked about modernizing Central Warehousing Corporation and improving its storage capacities. Other modernizing aspects that were talked about were: doubling its warehouse storage capacity by end of the year 2023 and achieving a turnover of Rs 10000 crore tariff rationalization and setting of warehouses should be done independently by CWC without any bureaucratic interferen

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