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Golakhnath vs State of Punjab, 1967.
Indus script deciphered and it is opined that it has evolved into Brahmi script

Link for the research paper of August 2024 : https://www.academia.edu/78867798/Deciphering_Indus_script_as_a_cryptogram
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πŸ”† Goods and Services Tax (GST) :

βœ… Introduced - 101st Constitution Amendment Act, 2016
βœ… Slogan -  β€˜One Nation One Tax’.
βœ… Legislative Basis :
πŸ”ΈοΈIn India, GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.
πŸ”ΈοΈThis got an approval in 2016 and was renumbered in the statute by Rajya Sabha as The Constitution (101 Amendment) Act, 2016.
βœ… Subsumed Indirect Taxes - Excise duty, Value Added Tax (VAT), Service tax, Luxury tax etc.
βœ… 4-Tier Tax Structure - 5%, 12%, 18% and 28%.
βœ… Components 4️⃣ : Central GST (CGST), State GST (SGST), Union Territories GST (UTGST), and Integrated GST (IGST).

⭕️ The Goods and Services Tax Council :

βœ…οΈ Constitutional body , Article 279A
βœ…οΈ Secretariat - New Delhi
βœ…οΈ Chairperson - The Union Finance Minister
βœ…οΈ Members :
πŸ”ΈThe Union Minister of State in charge of Revenue or Finance
πŸ”ΈThe Minister in charge of Finance or Taxation or any other Minister nominated by each state government
βœ…οΈ Vice -Chairperson - Council from the States have to choose one amongst themselves as the Vice-Chairperson of the Council.


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πŸ”† CENTRAL WATER COMMISSION (CWC) :
βœ… Premier Technical Organization of India in the field of Water Resources
βœ… Attached Office of the Ministry of Jal Shakti
βœ… Under Department of Water Resources, River Development, and Ganga Rejuvenation
βœ… Headquarters - New Delhi
βœ… Background - Previously known as the Central Waterways, Irrigation, and Navigation Commission (CWINC)
βœ… Formed - 1945 , On The Recommendation of Dr. B.R. Ambedkar
βœ… Chairman - Ex-Officio Secretary to the Government of India.
βœ… Constitutes : 3️⃣ Wings
πŸ”ΈοΈ Designs and Research (D&R) Wing
πŸ”ΈοΈ River Management (RM) Wing 
πŸ”ΈοΈ Water Planning and Projects (WP&P) Wing
βœ… Function - Responsible for the management & Utilization of water resources in the country. This includes creating and coordinating strategies for the use, conservation, and regulation of water resources. 


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πŸ”†Goa Maritime Symposium 2024

βœ…The Indian Navy is hosting the fifth edition of the Goa Maritime Symposium at Naval War College, Goa.

βœ…It is a forum for fostering collaborative thinking, cooperation, and mutual understanding between India and key maritime nations of the Indian Ocean Region.

βœ…Theme: The theme for the event is Common Maritime Security Challenges in the Indian Ocean Region: Progressing Lines of Efforts to Mitigate Dynamic Threats such as illegal and unregulated fishing and other illegal maritime activities.

βœ…It will be participated by the representatives from 12 Indian Ocean Littoral countries- Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka and Thailand. Observers from Kenya and Tanzania

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πŸ”† Liquidity Adjustment Facility (LAF)
βœ… LIQUIDITY : Readily Available Cash (Banking System)
βœ… A Monetary Policy Tool Used In India By The RBI
βœ… Introduced : Outcome of the Narasimham Committee on Banking Sector Reforms of 1998.
βœ… Components - 2️⃣ :
πŸ”ΈοΈRepo (Repurchase Agreement) - This is the rate at which banks can borrow funds from the central bank by selling eligible securities (such as government bonds) with an agreement to repurchase them at a later date.
πŸ”ΈοΈ Reverse Repo - This is the rate at which the central bank borrows funds from commercial banks. It serves as a tool for the central bank to absorb excess liquidity from the banking system
βœ… Monetary Policy of RBI :
πŸ”Έ Decreases the repo rate - Increases Liquidity
πŸ”Έ Increases the repo rate - Reduce Liquidity
βœ… Significance :
πŸ”ΈMonetary Policy Implementation
πŸ”ΈLiquidity Management
πŸ”ΈInterest Rate Transmission
πŸ”ΈFinancial Market Stability
πŸ”ΈCrisis Management
➑️ REPO RATE : R%
➑️ REVERSE REPO RATE : R -1%


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πŸ”†Project Akashteer

It is a cutting-edge initiative designed to automate air defense control and reporting processes by digitizing them.

It is developed by Bharat Electronics Limited (BEL) as part of the 'Atmanirbhar Bharat' initiative.

It aims to deliver an unprecedented level of situational awareness and control for the force to ensure the safety of friendly aircraft and engage hostile aircraft in contested airspace.

It will enable monitoring of low level airspace over the battle areas of Indian Army and effectively control the Ground Based Air Defence Weapon Systems.

πŸ“Sarang systems:

It is an advanced Electronic Support Measure system for helicopters of the Indian Navy.
It is designed and developed indigenously by Defence Electronics Research Laboratory, Hyderabad under the programme Samudrika.
From the book : The kaoboys of R&AW
πŸ”† CENTRAL WATER COMMISSION (CWC) :
βœ… Premier Technical Organization of India in the field of Water Resources
βœ… Attached Office of the Ministry of Jal Shakti
βœ… Under Department of Water Resources, River Development, and Ganga Rejuvenation
βœ… Headquarters - New Delhi
βœ… Background - Previously known as the Central Waterways, Irrigation, and Navigation Commission (CWINC)
βœ… Formed - 1945 , On The Recommendation of Dr. B.R. Ambedkar
βœ… Chairman - Ex-Officio Secretary to the Government of India.
βœ… Constitutes : 3️⃣ Wings
πŸ”ΈοΈ Designs and Research (D&R) Wing
πŸ”ΈοΈ River Management (RM) Wing 
πŸ”ΈοΈ Water Planning and Projects (WP&P) Wing
βœ… Function - Responsible for the management & Utilization of water resources in the country. This includes creating and coordinating strategies for the use, conservation, and regulation of water resources. 
πŸ”† India Post Payment Banks (IPPB) :
βœ… Financial Service Provider that will operate Under the country's Postal Department.
βœ… Established - 2018, with 100% equity owned by the Government of India.
βœ… Under - The Ministry of Communications
βœ… Headquarters: New Delhi
βœ… Vision: To create an accessible, affordable, and trusted bank for all citizens
βœ… IPPB is committed to providing a fillip to a less cash economy and contribute to the vision of Digital India.
βœ… Benefits :
◽️Expansion of Rural Banking
◽️Access to Diversified Services
◽️ Employment
◽️ Credibility
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πŸ”† β€˜Society’

βœ…β€˜Society’ refers to a group of people who live in a particular country or region and share a common culture, religion, language, or set of values. Indian society is a diverse and complex mixture of different religions, cultures, ethnic groups, and social classes. There is a wide range of customs, traditions, and beliefs that shape the way people live and interact with each other.

πŸ“The general traits of Indian society : Indian society is characterized by a number of distinct features, some of which include:
βœ…Diversity: India is a highly diverse country, both in terms of geography and culture. There are many different languages, religions, and ethnic groups, each with its own unique customs and traditions.
βœ…Hierarchy: Historically, the Indian society has been characterized by a strict social hierarchy, with certain groups enjoying more privileges than others.
βœ…Family-oriented: Family plays a central role in Indian society and is considered the primary source of emotional and financial support.
βœ…Religion: Religion is deeply ingrained in Indian society and influences daily life, including food, clothing, and ritual. The major religions in India are Hinduism, Islam, Buddhism, Sikhism, Jainism, and Christianity.
βœ…Respect for elders: Indian society places a high value on respect for elders, and it is considered rude to speak or act in ways that are seen as disrespectful towards them.
βœ…Hospitality: Indians are known for their hospitality and generosity towards guests, and it is common for hosts to go to great lengths to make their guests feel comfortable and welcome.
βœ…Cultural syncretism: Many different cultures and religions have coexisted and interacted on the Indian subcontinent throughout its history.
βœ…Secularism: India has a secular government and constitution which guarantees equal rights and freedom of religion for all its citizens.

πŸ“What are the salient features of Indian Society?

βœ…Multi-ethnicity
βœ…Multilingualism
βœ…Multi-religious
βœ…Caste system
βœ…Family-marriage kinship
βœ…Co-existence of traditionalism and modernity

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πŸ”† Kalaripayattu :
βœ… Martial Art based on the ancient knowledge of the human body.
βœ… Originated - Kerala
βœ… Considered as : The father of modern Kung - Fu
βœ… Kalaripayattu is composed of two words, kalari means β€œplace of combat” and payattu means β€œfighting” in Malayalam.
βœ… The four stages of Payattu are :
β€’ Maippayattu - Body conditioning exercises
β€’ Kolthari - Use of wooden weapons
β€’ Angathari: Use of sharp metallic weapons
β€’ Verumkai : Bare-handed defense and attack.
βœ… It can be said that Kalarippayattu is Yoga in action.
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10 Years of Make in India.pdf
1.3 MB
10 Years of Make in India
Transforming India into a Global Manufacturing Powerhouse

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πŸ”† Shanghai Cooperation Organisation (SCO)  :

βœ… Origin - Shanghai Five (1996) : China, Russia, Kazakhstan, Kyrgyzstan, and Tajikistan.
βœ… 2001 : Adding Uzbekistan as a sixth member , The Shanghai Five was renamed the SCO.
βœ… 2015 : The SCO decided to admit India and Pakistan as full members. 
βœ… 2016 : India and Pakistan signed the memorandum of obligations in Tashkent (Uzbekistan), thereby starting the formal process of joining the SCO as full members.
βœ… 2017: India and Pakistan officially joined SCO as full members
βœ… 2021: It was announced that Iran would become a full member of the SCO.
βœ… Headquarter - Beijing, China
πŸ”Έ Members - China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, Iran, and Uzbekistan
πŸ”ΈObservers - Afghanistan, Belarus, and Mongolia
πŸ”ΈDialogue Partners - Armenia, Azerbaijan, Cambodia, Sri Lanka, Turkey, Egypt, Nepal, Qatar, and Saudi Arabia
βœ… Structure :
πŸ”Έ The Council of Heads of State
πŸ”Έ The Council of Heads of Government
πŸ”Έ The Council of Foreign Ministers
πŸ”Έ The Regional Anti-Terrorist Structure
βœ… Significance - Addresses security issues in Asia with primarily Asian members.
βœ… 23rd Shanghai Cooperation Organization (SCO) Summit : Hosted By India
βœ… SCO Summit 2024(24th) - Astana, Kazakhstan
πŸ”ΈBelarus has become the 10th member state of the SCO

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2024/11/17 05:52:50
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