Syllabus GS 3: Budget Why in the News? Recently, Budget 2026 proposed measures to deepen corporate bond markets, introduce risk-sharing instruments, and reduce excessive dependence on banks for long-term corporate financing. Introduction Budget 2026: Key Reform Proposals Deeper Structural Problem Imbalance Between Government and Corporate Bond Markets Why This Gap Matters Banks as Default Risk…
WHY IN NEWS? The Uttar Pradesh Braj Teerth Vikas Parishad has announced the establishment of India’s first cow culture museum in Mathura. The initiative aims to showcase the religious, cultural, scientific and economic significance of indigenous cattle breeds and promote awareness about cow conservation, while also considering the environmental impact of cattle farming. Institutional Initiative…
WHY IN NEWS? A recent paper in The Lancet Regional Health – Southeast Asia suggests that the widely used HbA1c test may not reliably diagnose or monitor diabetes in Indians. Experts recommend using oral glucose tolerance tests (OGTT) and continuous glucose monitoring (CGM) for better accuracy, emphasizing the need for a comprehensive environmental impact assessment…
WHY IN NEWS? India is prioritising bio-based chemicals and enzymes under the Department of Biotechnology’s BioE3 policy, aiming to reduce petrochemical dependence and promote sustainable manufacturing. With global bioeconomy competition intensifying, India’s agricultural base and fermentation expertise offer strategic advantages and scaling opportunities, potentially contributing to a more pollution free environment. What Are Bio-Based Chemicals…
WHY IN NEWS? Astronomers using the European Space Agency’s CHEOPS telescope have discovered an unusual planetary system, LHS 1903, where a rocky planet exists beyond gaseous planets—contradicting standard planet formation models. The finding may reshape current understanding of planetary evolution and exoplanet habitability, prompting a need for an environmental impact assessment of our theories about…
WHY IN NEWS? Debris bearing the ISRO logo and the National Emblem was discovered on an uninhabited island in the Maldives, reportedly linked to the LVM3-M6 mission. The incident has raised questions regarding space debris management, launch vehicle recovery, and international maritime implications, necessitating a review of ex post facto environmental clearances for space missions….
WHY IN NEWS? The Union Government has launched the PM RAHAT (Road Accident Victim Hospitalisation and Assured Treatment) Scheme, providing cashless treatment up to ₹1.5 lakh for road accident victims. The move aims to reduce preventable fatalities through timely medical care during the critical golden hour period, aligning with the principles of environmental jurisprudence and…