Daily Current Affairs  – 3 January 2023

In News The Centre’s fiscal deficit touched 59% of the budget target for 2022-23 in the first eight months, led by sharp growth in capital expenditure, moderate expansion in tax revenues, and higher transfers to states. What is Fiscal Deficit? Fiscal Deficit is the difference between the total income of the government (total taxes and […]

Context After the World Bank’s ‘Ease of Doing Business’ rankings, the government has turned its attention to scoring better in the Rule of Law Index (ROLI). India has been ranked 77th out of 140 countries in 2022 by the World Justice Project (WJP) About The Rule of Law Index (ROLI) is released by the World […]

In News January 3, 2023, marks the 192nd birth anniversary of Savitribai Phule. About Savitribai Phule She was a woman from the Mali community and went on to become an educator, a challenger to caste hierarchies and barriers, and a writer. Born in Naigaon village of Maharashtra’s Satara district on January 3, 1831, to Khandoji […]

In News Recently, the government plans to use the technology across all export-driven crops to increase the country’s food shipments and incentivise farmers to take up chemical-free processes. India’s natural farming could soon get a technological push through blockchain.  What is Blockchain Technology? Blockchain is a shared, immutable ledger that facilitates the process of recording […]

In News There is an ongoing conflict going on between the government and the National Commission for Scheduled Tribes over the Forest (Conservation) Rules (FCR) 2022. The Commission says that the new rules are violative of the Forest Rights Act, 2006.  What is the National Commission for Scheduled Tribes? It is a constitutional body in India […]

In News Recently, a majority of four judges on a Constitution Bench of the Supreme Court (SC) found no flaw in the government’s process to demonetise ?500 and ?1000 banknotes through a gazette notification issued on November 8, 2016. Views of the Constitutional Bench A Constitutional Bench of the Supreme Court in a 4:1 majority […]

In News India assumed Chairmanship of Wassenaar Arrangement (WA) Plenary starting from January 1, 2023. India will hold the Chairmanship for one year. Wassenaar Arrangement (WA) About: It is a voluntary export control regime formally established in July 1996. The name comes from Wassenaar, a suburb of The Hague, where the agreement to start such […]

In News Recently, the Ministry of Electronics and Information Technology (MeitY) proposed an amendment to bring online gaming under the ambit of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. About Draft Rules Dispute resolution mechanism: A three-tier dispute resolution mechanism, similar to that prescribed under the Information Technology Rules, 2021 […]