Fiscal consolidation
- Fiscal Consolidation refers to the policies undertaken by Governments (national and sub-national levels) to reduce their deficits and accumulation of debt stock.
- Improved tax revenue realization and better aligned expenditure are the components of fiscal consolidation as the fiscal deficit reaches at a manageable level.
NABARD
- NABARD is a development bank focussing primarily on the rural sector of the country.
- It is the apex banking institution to provide finance for Agriculture and rural development.
- It is responsible for the development of the small industries, cottage industries, and any other such village or rural projects.
- It is a statutory body established in 1982 under Parliamentary act-National Bank for Agriculture and Rural Development Act, 1981
Delimitation
- Delimitation literally means the act or process of fixing limits or boundaries of territorial constituencies in a country to represent changes in population.
- Under Article 82, the Parliament enacts a Delimitation Act after every Census.
- Under Article 170, States also get divided into territorial constituencies as per Delimitation Act after every Census.
Delimitation
- Delimitation literally means the act or process of fixing limits or boundaries of territorial constituencies in a country to represent changes in population.
- Under Article 82, the Parliament enacts a Delimitation Act after every Census.
- Under Article 170, States also get divided into territorial constituencies as per Delimitation Act after every Census.
One Rank One Pension (OROP) scheme
- It means the payment of the same pension to military officers for the same rank for the same length of service, irrespective of the date of retirement
Bonda Tribes
- The Bonda tribe of Odisha are believed to be part of the first wave of migration out of Africa about 60,000 years ago.
- They were the first forest settlers in India.
- Anthropologists say that they are members of a group of Austroasiatic tribes, who at some time in the ancient past migrated and settled in an area of about 130 sq km in the wild Jeypore hills.
DNA bill
- The bill is also known as the DNA profiling bill.
- It tries to check use of DNA technology to establish the identity of a person.
- The DNA technology bill aims to establish the identity of missing persons, victims, offenders, under trials and unknown deceased persons.
Disinvestment
- Disinvestment is when governments or organizations sell or liquidate assets or subsidiaries.
- Disinvestments can take the form of divestment or a reduction of capital expenditures (CapEx).
- Disinvestment is carried out for a variety of reasons, such as strategic, political, or environmental.