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GS 2 Odisha to come up with single revenue code The Odisha government has proposed to come up with a single revenue act by merging various revenue laws enacted at different point in times. Council conundrum Odisha’s plan calls for a national policy on the utility of a second chamber in States Article 35A and the basic structure Any move to do away with it will damage the most solemn promises at the heart of the Indian federation Silence is not a virtue In a vibrant democracy, there must be free flow of information, not prepublication gag orders GS 3 M.P. seeks revival of cheetah reintroduction project The Madhya Pradesh forest department has written to the National Tiger Conservation Authority to revive the plan to reintroduce cheetahs in the State’s Nauradehi sanctuary. The ambitious project, conceived in 2009, had hit a roadblock for want of funds. The larger picture on GDP numbers The new data on GDP have raised a political storm, with the back series for GDP growth since 1993-94 becoming available. Its importance lies in the fact that in 2015, a new series was announced which showed India GDP is growing faster than the earlier series had shown. Powell doctrine The Chairman of the U.S. central bank signals a gradualist approach to raising interest rates In pursuit of an art smuggler Subhash Kapoor and Sanjeevi Asokan had been dealing in antiquities for decades before they were caught. The Suthamalli and Sripuranthan idols, which ultimately did them in, were just a drop in the ocean. Until dams do us part The tragedy in Kerala has highlighted the dangers of excess water accumulation in dams. More than 20 dams released water that cascaded down the hills, leaving behind a trail of destruction New copters to enable tech transfer The Defence Ministry is shortly expected to release project-specific implementation guidelines for the 111 naval utility helicopters to be procured under the Strategic Partnership (SP) model. Delays plague projects, despite RERA Property worth $47 billion is locked in delayed projects across India, causing distress among homebuyers. The bulk of this is in the National Capital Region (NCR) and the Mumbai Metropolitan Region (MMR). What is share buyback? A buyback is a mechanism through which a listed company buys back shares from the market. A buyback can be done either through open market purchases or through the tender offer route. Time for catastrophe bonds? Hurricane ‘Andrew’ that hit Florida in 1992 spurred the idea that catastrophe risk could be securitised and spread across investors