Daily CA One‑Liner: May 14
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Tech boost for jute farmers – The Jute Crop Information System (JCIS) has been rolled out to bring technology‑driven monitoring to jute cultivation across India – a smart move for one of the country's traditional fibre crops.
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PLFS gets a revamp – The Periodic Labour Force Survey (PLFS) , conducted by the National Statistical Office under the Ministry of Statistics and Programme Implementation, has been given a fresh makeover starting January 2025 – aiming for sharper labour data.
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CJI Surya Kant forms new infrastructure panel – The Chief Justice of India has announced the creation of a Judicial Infrastructure Advisory Committee to improve court facilities across the country – because justice needs good buildings too.
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India launches massive maritime insurance pool – The Department of Financial Services launched the Bharat Maritime Insurance Pool (BMIP) worth USD 1.5 billion , backed by a sovereign guarantee of USD 1.4 billion (₹12,980 crore) – ensuring continuous maritime coverage amid global geopolitical tensions.
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Gold and silver get costlier – The Government of India has raised import duty on gold and silver to 15% – a move that will likely nudge prices upward for buyers.
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Dhash Defence & IIT Ropar join hands – Dhash Defense Systems and IIT Ropar's Defence Research and Innovation Foundation signed an MoU to strengthen indigenous defence mobility capabilities – a boost for 'Make in India' in defence.
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CII and NUS‑ISS team up for AI governance – The Confederation of Indian Industry (CII) and National University of Singapore – Institute of Systems Science (NUS‑ISS) inked an MoU to enhance digital leadership and governance in Artificial Intelligence – a forward‑looking partnership.
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DY Patil University partners with Dassault Systèmes – D Y Patil International University (DYPIU) signed an MoU with Dassault Systèmes – opening doors for advanced design and simulation education.
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Rahul Dravid turns team owner – The legendary Rahul Dravid has become the owner of the Dublin franchise in the European T20 Premier League – a new chapter for 'The Wall' off the field.
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India & IFAD launch new rural programme – The Government of India, in partnership with the International Fund for Agricultural Development (IFAD) , launched the Country Strategic Opportunities Programme (COSOP) 2026–2033 – aimed at boosting rural incomes, resilience, and sustainable livelihoods.
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SEBI's 'GARUDA' mechanism for faster AIF launches – The Securities and Exchange Board of India (SEBI) has proposed a new framework called “Green‑Channel: AIF Rollout Upon Document Acknowledgement (GARUDA)” – designed to speed up the launch of Alternative Investment Fund (AIF) schemes in India.
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GSTAT gets national appellate authority powers – The Ministry of Finance empowered the Principal Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) in New Delhi to
Month: Current Affairs - May 14, 2026
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