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Context:
The Centre recently announced a 5.3% to 10.35% hike in Minimum Support Prices (MSP) of all mandated Kharif crops for marketing season 2023-24.
Probable Question:
Q. Examine the recent MSP hike and its potential impact on various aspects. Highlight the challenges associated with the implementation of MSP and suggest measures to enhance its effectiveness. |
Image Source: The Indian Express
Need for MSP:
About Minimum Support Price:
While recommending MSPs, the CACP looks at the following factors:
Three Kinds of Production Costs:
MSPs and the Call for Statutory Backing:
Additional Information:
About Kharif Season:
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MSP hike vs rate of food inflation and the rise in cost of production:
Impact of MSP Hike:
Challenges of MSP:
Way Forward:
Context:
The Union Government recently launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India.
About the Mission:
Objectives:
Areas Identified for Research:
News Source: PIB
Context:
Recently, IFS officer Jagdish S Bakan won the prestigious Michel Batisse award 2023 for biosphere reserve management from United Nations Educational, Scientific and Cultural Organization (UNESCO).
About Michel Batisse Award for Biosphere Reserve Management:
About Gulf of Mannar Biosphere Reserve:
News Source: The Hindu
Context:
Recently, palaeontologists in South Africa said they have found the oldest known burial site in the world, containing remains of a small-brained distant relative of humans previously thought incapable of complex behaviour.
About the discovery:
Homo Naledi:
News Source: The Hindu
Context:
A tomb-like structure was accidentally discovered in the Siri Fort area while the Archaeological Survey of India (ASI) was carrying out renovation work at the Siri Fort Children’s Park.
About Siri Fort:
Additional Information:
Archaeological Survey of India
|
News Source: Indian Express
Context:
Three persons engaged as mahouts in the Kaziranga National Park and Tiger Reserve have been arrested for capturing and consuming a rare species of a freshwater turtle- Spotted Pond Turtle.
About Spotted Pond Turtle:
Context:
Recently, ISRO chairman said that the Indian Space Research Organisation (ISRO) will begin a fresh bid to land a rover on the moon in the middle of July this year through the launch of the Chandrayaan-3 mission.
What is Chandrayaan-3?
How has Chandrayaan-3 improved upon Chandrayaan-2?
Additional Information:
About Chandrayaan-1 and Chandrayaan-2 Mission:
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News Source: Business Standard
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