Thursday, October 11, 2012

Space Inc.

http://www.thehindu.com/todays-paper/tp-international/another-step-towards-space-inc/article3976049.ece

Tuesday, October 9, 2012

Subsidy

What is it?

Sometimes, production units sell the goods and services less than the factor cost. The difference is borne by the Govt. and this is known as Subsidy.

Govt currently provides subsidy on food, fertilizer, fuel (petrol, diesel, PDS kerosene, Domestic LPG).

http://www.thehindu.com/todays-paper/tp-business/cooking-gas-diversion-still-a-live-threat/article3976020.ece

Monday, October 8, 2012

Fastest Computer at IIT-M

IIT-M has the fastest computer which is the fastest among all educational institutes in the country.

TOP500, a global project that details the most powerful known computer systems in the world, has ranked the new IBM Virgo Super Cluster at IIT-Madras as the 224th in the top 500.

Sunday, October 7, 2012

River Water Disputes

Water (Use, Control & Distribution) is a state subject (Entry 17).
Some Exceptions -
Art. 262 in Part XII deals with dispute resolution w.r.t an inter-state river. Constitution makes below provisions in this regard.
1. Parliament can provide mechanism to resolve disputes regarding regulate use, distribution or control of any inter-stare river water or valley by enacting a law
2. Parliament can also declare that SC or any other court do not have any jurisdiction on the above subject.

With these provisions, the Parliament has enacted -
1. River Boards Act (1956) -> River Boards
2. Inter-State Water Disputes Act (1956)

Govt. has set up 6 inter-state water dispute tribunal till date.


  1. Krishna Tribunal (1969)
  2. Godavari Tribunal (1969)
  3. Narmada Tribunal (1969)
  4. Ravi and Beas Tribunal (1986)
  5. Cauvery Tribunal (1990)
  6. Second Krishna Tribunal (2004)
  7. Mahadayi/Mandovi Tribunal (2010)
  8. Vanshadhara Tribunal (2010)
Other River Disputes : 
  1. Mullaperiyar issue - http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/mullaperiyar-final-hearing-date-to-be-fixed-on-nov-5/article3970786.ece

Illegal Mining

http://www.thehindu.com/todays-paper/tp-national/supreme-court-halts-mining-in-goa/article3970618.ece