Author: ForumIAS

Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel

News: Sebi-constituted panel under the chairmanship of Ishaat Hussain has submitted its recommendations on social stock exchange(SSE). Facts: Key Recommendations: Direct listing of non-profit organisations(NGO) through the issuance of bonds and a range of funding mechanisms. Tax Sops: It has recommended exemptions from securities transaction tax (STT) and capital gains tax (CGT) to ensure that… Continue reading Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel

Democratic Republic of Congo declares new Ebola outbreak

News:Democratic Republic of Congo has declared a new Ebola epidemic in the western city of Mbandaka. Facts: Ebola virus disease(EVD) formerly known as Ebola haemorrhagic fever is a severe often fatal illness in humans. Origin: Ebola virus was first discovered in 1976 near the Ebola River in what is now the Democratic Republic of Congo.… Continue reading Democratic Republic of Congo declares new Ebola outbreak

Khelo India Community Coach Development programme launched

News: Union Sports minister has launched the Khelo India Community Coach Development programme. Facts: Aim: It is a 25 day programme to equip physical education teachers and community coaches with the right set of knowledge and skills to help children of all ages to take up a variety of fitness-related activities and conduct age-appropriate fitness… Continue reading Khelo India Community Coach Development programme launched

Indian Energy Exchange launches its Real-Time Electricity Market (RTM) platform

News: Indian Energy Exchange has launched its Real-Time Electricity Market (RTM) platform. Facts: Real-Time Electricity Market(RTM): It is an organized market platform to enable the buyers and sellers pan-India to meet their energy requirement closer to real time of operation. Additional Facts: Indian Energy Exchange(IEX): It is the first energy exchange in India providing a… Continue reading Indian Energy Exchange launches its Real-Time Electricity Market (RTM) platform

Government launches PM SVANIDHI scheme to provide affordable loan to street vendors

News: The Ministry of Housing and Urban Affairs has announced a scheme for street vendors named PM Street Vendors Atma Nirbhar Nidhi(PM SVANidhi). Facts: PM SVANidhi: It is a special micro-credit facility scheme to enable more than 50 lakh urban/peri-urban & rural street vendors to restart their livelihoods affected due to the lockdown. Features of… Continue reading Government launches PM SVANIDHI scheme to provide affordable loan to street vendors

Kisan Credit Cards (KCC) campaign launched for 1.5 crore dairy farmers

News: Government of India will provide Kisan Credit Card(KCC) to 1.5 crore dairy farmers belonging to Milk Unions and Milk producing Companies within the next two months under a special drive. Facts: The Kisan Credit Card(KCC) scheme was launched by the Government of India in 1998.  Objective: To provide adequate and timely credit support from… Continue reading Kisan Credit Cards (KCC) campaign launched for 1.5 crore dairy farmers

Explained: What RBI discontinuing 7.75% saving bonds means to investors

News: Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription. Facts: The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018. Eligibility: The bonds were available for subscription to resident citizens/Hindu Undivided Family (HUF) to invest in a taxable bond. Investment: The minimum investment in this bond starts at Rs 1,000 with… Continue reading Explained: What RBI discontinuing 7.75% saving bonds means to investors

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