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The Economic Advisory Council to the Prime Minister (EAC-PM) reports that female labor force participation in rural India has risen significantly, from 24.6% to 41.5% between 2017–18 and 2022–23.
Economic Advisory Council to the Prime Minister (EAC-PM) is an independent body constituted to give advice on economic and related issues to the Government of India, specifically to the Prime Minister. |
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Good Practices from Private and Public Sector for increasing female labour participation in India:
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While female labour force participation in India is steadily improving, targeted policy interventions are essential to ensure gender equality, economic empowerment, and inclusive growth, all crucial in realising the vision of a Viksit Bharat by 2047.
The 25th edition of the Hornbill Festival, Nagaland’s largest cultural event, has sparked controversy as the state government temporarily relaxed its 35-year-old liquor prohibition law.
Reserve Bank Governor Shaktikanta Das addressed concerns about “de-dollarisation” stating that India has no plans to “de-dollarise” its trade.
The US dollar’s dominance in the global financial system persists, despite its vulnerabilities, due to the lack of a superior alternative. While the US economy may face challenges, its stability, credibility, and attractive investment opportunities maintain its global appeal. The US dollar’s dominance could be challenged if a more compelling alternative emerges, offering similar or superior benefits.
The International Advisory Body for Submarine Cable Resilience was recently launched to address growing challenges and ensure the resilience of critical submarine cable infrastructure.
Optical Cables
Advantages:
Applications:
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A study conducted by researchers in Tanzania’s Ngorongoro Conservation Area (NCA) has offered insights into the reasons behind human-Cape buffalo conflict that occurs across sub-Saharan Africa.
A privilege motion notice has been submitted in response to remarks made by a parliamentarian referring to the Leader of Opposition as a “traitor of the highest order.”
If a privilege motion against an MP is found to be valid, the following consequences may arise:
The Supreme Court has scheduled a detailed hearing in January 2025 regarding a petition to reduce the permissible water level of the Mullaperiyar Dam from 142 ft to 120 ft.
On the occasion of International Cheetah Day (4 December), two cheetahs, Agni and Vayu, were released into the open forest area of Kuno National Park, Madhya Pradesh.
About Cheetah Conservation Fund (CCF)
Initiatives of CCF:
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Recently, World Bank Released Annual International Debt Report (IDR) 2024
low- and middle-income countries: Criteria
The classification of countries is based on the Gross National Income (GNI) per capita.
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The report highlights trends and developments in external debt for low- and middle-income countries (LMICs) over the past decade (2013–2023), with a focus on 2023.
What is the debt-to-GNI ratio?
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What is external debt?
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A recent study has highlighted that declining low-altitude cloud cover has contributed about 0.2°C of the nearly 1.5 degrees Celsius rise seen in global mean temperatures in 2023.
Albedo
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The Reserve Bank of India (RBI) has allowed small finance banks (SFBs) to provide pre-sanctioned credit lines through the Unified Payments Interface (UPI).
This step is expected to enhance financial inclusion and expand access to formal credit.
What Are SFBs?
Objective of SFBs
Key Features of SFBs
The guidelines for small finance banks provide inter-alia that
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The Reserve Bank of India (RBI) has introduced MuleHunter.AI, an advanced AI-based tool designed to help financial institutions identify mule bank accounts.
Context: INS Tushil is to be commissioned by The Indian Navy at Kaliningrad, Russia, on 09 Dec 24.
Context: India has been chosen to chair the 68th Session of the United Nations Commission on Narcotic Drugs (CND) for the first time.
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