Lokayukta

Lokayukta is a state-level anti-corruption ombudsman in India, complementing the national Lokpal. It investigates complaints against public officials like chief ministers, ministers, and bureaucrats for graft and maladministration. Recommendations are advisory and non-binding. They submit annual reports to the Governor … Continue reading

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Key Difference Between LPG, LNG, PNG, and CNG

 Liquefied Petroleum Gas (LPG) LPG is a portable, clean, and efficient energy source composed mainly of propane and butane. It is stored as a liquid in pressurized cylinders and is widely used for household cooking. Compressed Natural Gas (CNG) CNG … Continue reading

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UN Convention on Biological Diversity (CBD)

The CBD, a legally binding treaty to conserve biodiversity, came into force in 1993 with objectives like The conservation of biological diversity. The sustainable use of the components of biological diversity. The fair and equitable sharing of the benefits arising … Continue reading

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Insolvency and Bankruptcy Code (IBC)

It was enacted in 2016 based on the recommendation of the T.K. Vishwanathan Committee Report. Objectives To consolidate and amend all insolvency laws that exist in India. To simplify and expedite the process of resolution of Insolvency and Bankruptcy in … Continue reading

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Index of Industrial Production (IIP)

It is a measure of short-term changes in the volume of industrial output in India, covering mining, manufacturing, and electricity sectors. Released by the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation every month. Base Year: … Continue reading

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