Published on: April 20, 2026

SNIPPETS 20 APRIL 2026

SNIPPETS 20 APRIL 2026

World Anti-Doping Agency (WADA): Established: In 1999, pursuant to the terms of the Lausanne Declaration, as an international independent agency+ HQ: Montreal (Canada)+ Aim: To lead a collaborative worldwide movement for doping-free sport+ Governance: WADA’s governance and funding are based on equal partnership between the Sport Movement and Governments of the world+ Key Initiatives: Global Anti-Doping Intelligence & Investigations Network (GAIIN) Initiative, World Anti-Doping Code (Code).

National Floor Level Minimum Wage (NFLMW): Origin: Concept dates back to 1991 concerning National Commission on Rural Labour (NCRL) chaired by Shri Jhinabhai Darjee recommendations+ Mooted on a voluntary basis as a step to move towards uniform wage structure and reduce disparity in minimum wages across country+ Currently, The Code on wages (2019) empowers Centre to fix a floor wage+ Hence, Government (centre and state) should fix minimum wage above this level based on skills, areas, occupation, or other local factors+ It stood at Rs. 20 (1991) and Rs. 176 (2017).

Borrowers’ Platform: A dedicated forum for peer learning, debt management capacity-building, and strengthening borrower voices in sovereign debt negotiations+ It is not a debt restructuring forum+ Members: 30 founding members (including India); Chair-Egypt+ Secretariat: UN Trade and Development (UNCTAD)+Provides borrowers who have external debt reaching $11.7 trillion in 2024, a formal coordination mechanism+ Sovereign debt coordination was long dominated by creditor-led mechanisms like the Paris Club.