Inflation Data
Inflation Data
Inflation Data
Stagflation
o Stagflation means a situation characterized by
simultaneous increase in prices and stagnation of
economic growth.
The term Stagflation was coined by Iain Macleod,
a Conservative Party MP in the United
Kingdom, in November 1965.
o It is described as a situation in the economy where the
growth rate slows down, the level of unemployment
remains steadily high and yet the inflation or price level
remains high at the same time.
o It is Dangerous for the economy.
In a usually low growth situation, central banks
and governments try to stimulate the economy
through higher public spending and low
interest rates to create demand.
These measures also tend to elevate prices and
cause inflation. So, these tools cannot be
adopted when inflation is already running high,
which makes it difficult to break out of the low
growth-high inflation trap.
Pradhan Mantri Awas Yojana
What is PMAY-G Scheme?
Launch: To achieve the objective of “Housing for All” by
2022, the erstwhile rural housing scheme Indira Awaas
Yojana (IAY) was restructured to Pradhan Mantri Awaas
Yojana-Gramin (PMAY-G) w.e.f 1st April, 2016.
Ministry Involved: Ministry of Rural development.
Aim: To provide a pucca house with basic amenities to all
rural families, who are homeless or living in kutcha or
dilapidated houses by the end of March 2022.
o To help rural people Below the Poverty Line
(BPL) in construction of dwelling units and
upgradation of existing unserviceable kutcha
houses by providing assistance in the form of a
full grant.
What is PMAY-U Scheme?
Launch:
o 25th June 2015, intends to provide housing for all in
urban areas by year 2022.
Implemented by:
o Ministry of Housing and Urban Affairs
Tomb of Sand’ won International Booker Prize
Tomb of Sand’, has become the first book written in an Indian
language to be awarded the International Booker Prize.
The urban problems which persist in Jaipur are the same for
other cities.
UN-Habitat has based its findings on sustainable cities
integrated approach pilot project and a “sustainable
urban planning and management” component was
implemented in partnership with the Jaipur Development
Authority and Jaipur Greater Municipal Corporation.
o The project has received funding from the Global
Environment Facility (GEF-6) to estimate the
carbon sequestration potential of Indian cities.
What is the Findings of the Project?
Jaipur got an overall sustainability rating of three on
the Urban Sustainability Assessment Framework
(USAF) based on the information collected for 87 of its 131
parameters.
o The Urban Sustainability Assessment Framework
(USAF) developed under the Sustainable Cities
Integrated Approach Pilot (SCIAP) project,
implemented by United Nations Industrial
Development Organization (UNIDO) and UN-
Habitat.
What is the UN-Habitat?
The United Nations Human Settlements Programme is
the United Nations programme for human settlements and
sustainable urban development.
It was established in 1978 as an outcome of the First UN
Conference on Human Settlements and Sustainable
Urban Development (Habitat I) held in Vancouver,
Canada, in 1976.
UN-Habitat maintains its headquarters at the United
Nations Office at Nairobi, Kenya.
It is mandated by the United Nations General Assembly to
promote socially and environmentally sustainable towns and
cities with the goal of providing adequate shelter for all.
It is a member of the United Nations Development
Group. The mandate of UN-Habitat derives from the Habitat
Agenda, adopted by the United Nations Conference on
Human Settlements (Habitat II) in Istanbul, Turkey, in 1996.
The twin goals of the Habitat Agenda are:
o Adequate shelter for all
o The development of sustainable human
settlements in an urbanizing world
Bharat Drone Mahotsav 2022
Recently, India's biggest Drone Festival - Bharat Drone Mahotsav
2022 was inaugurated in New Delhi by the Prime Minister.
SHRESHTA Scheme
Why in News?
Recently, the Ministry of Social Justice and Empowerment has
launched the scheme ‘SHRESHTA.’ This scheme is known as Scheme for
residential education for students in High school in Targeted Areas.
2 nd volume
National Emblem
The Prime Minister of India unveiled the 6.5 metre-tall National Emblem on top of the
under-construction new Parliament building recently.
About:
o The State Emblem of India is the national emblem
of the Republic of India and is used by the union
government, many state governments, and other
government agencies.
History:
o The State emblem is an adaptation from the Sarnath
Lion Capital of Ashoka (Varanasi, Uttar Pradesh).
In the original, there are four lions, standing back
to back, mounted on an abacus with a frieze
carrying sculptures in high relief of an elephant,
a galloping horse, a bull and a lion separated
by intervening wheels over a bell-shaped lotus.
Carved out of a single block of polished
sandstone, the capital is crowned by the Wheel of
the Law (Dharma Chakra).
Emblem Adopted:
o In the State emblem, adopted by the Government of
India on 26th January 1950, only three lions are
visible, the fourth being hidden from view.
o The wheel appears in relief in the centre of the abacus
with a bull on right and a horse on left and the outlines
of other wheels on extreme right and left.
o The bell-shaped lotus has been omitted.
What are the salient features of the National Emblem of
India?
The State emblem of India is the official seal of the
Government of India
Global Gender Gap Index 2022
Why in News?
Recently, the World Economic Forum (WEF) ranked India at 135 out of 146
countries in its Global Gender Gap (GGG) Index for 2022.
o Wavelength:
MiG-21 Crash
Why in News?
Recently, a MiG-21 Bison aircraft of the Indian Air Force
(IAF) crashed in Barmer, Rajasthan killing the two pilots
aboard the trainer version of the fighter aircraft.
Currently, the IAF has around 70 Mig-21 aircraft and 50 Mig-
29 variants.
There are four squadrons of MiG-21 Bison aircraft currently
in service in the IAF with each squadron comprising 16-18
aircraft, including two trainer versions.
Why us withdraw
HIV attacks CD4, a type of White Blood Cell (T cells) in the body’s immune
system.
o T cells are those cells that move around the body detecting
anomalies and infections in cells.
After entering the body, HIV multiplies itself and destroys CD4 cells, thus
severely damaging the human immune system.
o Once this virus enters the body, it can never be removed.
The CD4 count of a person infected with HIV reduces significantly. In a
healthy body, CD4 count is between 500- 1600, but in an infected body, it
can go as low as 200.
If HIV is not treated, it can lead to AIDS (acquired immunodeficiency
syndrome).
The failure of the pooled procurement mechanism. The tender for pooled
procurement of life-saving antiretroviral medicines has faced bureaucratic
delays in 2014, 2017, and now again in 2022.
Although the state is not facing an acute shortage, medicines are running low,
with some stocks set to expire.
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