The Finance Ministry has initiated a comprehensive consultative process with public sector banks(PSBs). The consultative process will start from branch level upwards to the State-level and then to the national level. The process aims to find out the reasons for the sharp rise in bad loans in the previous five years apart from outlining national… Continue reading Govt. asks PSBs to find out reasons for rise in NPAs in last 5 years
Author: ForumIAS
Explained: What is a notifiable disease?
Recently,South Delhi Municipal Corporation(SDMC) has initiated the process to notify malaria as notifiable disease. A notifiable disease is any disease that is required by law to be reported to government authorities. This will allow authorities to gather information to monitor the disease, and provides early warning of possible outbreaks. The process will also help the… Continue reading Explained: What is a notifiable disease?
India’s first space museum inaugurated in Hyderabad
The first Space Science Museum has been opened in Hyderabad, Telangana. The museum is a collaborative effort between the Indian Space Research Organization(ISRO) and the B M Birla Science Centre. The Space Museum has a host of exhibits including replicas of satellites such as (a)Ariane Passenger Payload Experiment (APPLE) (b) Chandrayan-1 (c)Mangalyaan and (d)launch vehicles… Continue reading India’s first space museum inaugurated in Hyderabad
Government issues guidelines for ₹1 trillion partial credit guarantee for NBFCs
Government has operationalised a partial guarantee scheme announced in the budget for non-banking and housing finance companies(NBFCs and HFCs). The scheme provides for a one-time partial credit guarantee to Public sector banks(PSBs) for purchase of pooled assets of financially sound NBFCs. The scheme aims to address temporary asset liability mismatches of otherwise solvent NBFCs/HFCs without… Continue reading Government issues guidelines for ₹1 trillion partial credit guarantee for NBFCs
Over 5 lakh smart meters operational across India, says EESL
Energy Efficiency Services Limited(EESL) has installed over 5 lakh smart meters in Uttar Pradesh, Delhi, Haryana, Bihar and Andhra Pradesh. These meters have been distributed under the Smart Meter National Programme. The Smart Meter National Programme aims to retrofit 25 crore conventional meters with smart meters which will lead to 80-100% improvement in billing efficiency.… Continue reading Over 5 lakh smart meters operational across India, says EESL
Trump threatens to pull US from WTO
The US President has threatened to withdraw the United States from the World Trade Organization (WTO) on the grounds that it treats US unfairly. He has also asserted that India and China have already grown and it was unfair of them to take advantage of the developing countries tag by the World Trade Organisation(WTO). The… Continue reading Trump threatens to pull US from WTO
10 PM Current Affairs Quiz #12 August 14, 2019
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9 PM Current Affairs Brief – August 14, 2019
National Youth Awards The Union Minister for Youth Affairs & Sports(I/C) has conferred the National Youth Awards. The awards were conferred on individuals(aged between 15-29 years) and organizations for excellent work and contribution in different fields of development and social services. The objective of the awards is (a)to motivate young people to achieve excellence in… Continue reading 9 PM Current Affairs Brief – August 14, 2019
7 PM | What’s ailing India’s automobile market | 14 August, 2019
Context: Problems facing by automobile industry The Indian automotive industry has emerged as a ‘sunrise sector’ in the Indian economy. India is emerging as one of the world’s fastest growing passenger car markets and second largest two wheeler manufacturer. It is also home for the largest motor cycle manufacturer and fifth largest commercial vehicle manufacturer.… Continue reading 7 PM | What’s ailing India’s automobile market | 14 August, 2019
7 PM | Balancing T.N.’s growth model | 14th August, 2019
Context: The need to reduce the burden on Chennai’s water resources by diversifying other urban centers. Tamil Nadu Fact sheet: Tamil Nadu constitutes 4 percent of India’s land area and is inhabited by 6 percent of India’s population, but has only 2.5 percent of India’s water resources. In 2001, Chennai’s water requirement stood at 1,327… Continue reading 7 PM | Balancing T.N.’s growth model | 14th August, 2019
