IAS Current Affairs

GS3: agricultural produce and issues and related constraints What is the issue? Recently, there is an intense discussion on the strategies needed for addressing farmer distress in India. Among others, assured and greater access to institutional credit has been proposed as a way forward. BACKGROUND The politicians believe that the removal of credit constraints is necessary to improve farmer welfare and support agricultural growth. But, the academic studies state that in India, the correlation between the institutional agriculture credit and the agricultural growth is weak. And no enough attention is given to a key policy question – Whether agriculture credit of such size contributes commensurately to agricultural growth. Credit intensity Reason to measure it – To assess the productivity of institutional credit to the agriculture sector. Credit intensity of Agriculture sector = Agricultural credit / There is a striking increase in the ratio of agricultural credit to agr...

The Union Ministry for Health and Family Welfare has notified the Drugs and Clinical Trials Rules, 2019 with an aim to promote clinical research in the country. The new rules will change the regulatory landscape for the approval of new drugs and conduct of clinical trials in the country. These rules will be applicable to all new drugs, ethics committee and investigational drugs applicable for human use, bioequivalence studies and clinical trial in India. About New Rules Objective:​  To change the regulatory landscape for the approval of new drugs and conduct of clinical trials in the country. Coverage:​  These rules will apply to all new drugs, investigational new drugs for human use, clinical trial, bioequivalence study and Ethics Committee. Application approval time:​  It has reduced the time for approving applications to30 days for drugs manufactured in India and 90 days for those developed outside the country. In case of no communication from Drugs...