The Rajya Sabha has passed the Banning of Unregulated Deposit Schemes Bill, 2019. It seeks to tackle the problem of illicit deposit taking activities in India and protect the interests of depositors. According to the bill, a scheme is unregulated if it is not registered with the regulators listed in the Bill. There are several… Continue reading What the Bill to curb Ponzi schemes says
Author: ForumIAS
Thailand in talks with India to buy Brahmos cruise missiles
According to media reports, Thailand is in talks with India over purchasing BrahMos supersonic cruise missiles. If the sale materialises, it will be the first export of the BrahMos missile by India. BrahMos missile is a 2.5 ton supersonic air to surface cruise missile with ranges of close to 300 km. BrahMos is a joint… Continue reading Thailand in talks with India to buy Brahmos cruise missiles
Indonesian Villagers resist relocation plan from Komodo
Villagers on the island of Flores, which is the gateway to Komodo National Park are resisting an Indonesian government plan to relocate them as part of efforts to conserve Komodo dragons. Recently, Indonesian authorities said the island of Komodo would be closed in 2020 to allow for the recovery of the reptiles and the Komodo… Continue reading Indonesian Villagers resist relocation plan from Komodo
Atal Innovation Mission (AIM) launches Atal Community Innovation Centre (ACIC) Program
The Union Minister of Petroleum & Natural Gas and Steel has launched the Atal Community Innovation Centre(ACIC) program.This program is a new initiative under Atal Innovation Mission(AIM). The new initiative will aim to encourage the spirit of innovation in the country’s specific areas that lack the required infrastructure and facilitating innovation ecosystem. The purpose of… Continue reading Atal Innovation Mission (AIM) launches Atal Community Innovation Centre (ACIC) Program
Cabinet approves ISRO Technical Liaison Unit at Moscow
The Union Cabinet has approved the setting up of Indian Space Research Organisation(ISRO)’s Technical Liaison Unit(ITLU) in Moscow, Russia. The establishment of this unit will help ISRO to collaborate with Space agencies/industries in Russia and neighbouring countries for mutually synergistic outcomes. Further,this unit will also help in ISRO’s Gaganyaan programme which requires development of some… Continue reading Cabinet approves ISRO Technical Liaison Unit at Moscow
Cabinet nod for revised Chit Funds Bill
The Union Cabinet has approved the introduction of the Chit Funds (Amendment) Bill,2019 in Parliament.The bill seeks to amend the Chit Fund Act,1982. The 1982 Act regulates chit funds and prohibits a fund from being created without the prior sanction of the state government. Under a chit fund,people agree to pay a certain amount from… Continue reading Cabinet nod for revised Chit Funds Bill
22nd National Conference on e-Governance 2019 to be held at Shillong on 8-9, 2019
The 22nd National Conference on e-Governance,2019 will be held in Shillong,Meghalaya. This is the first time the event is being organized in North-Eastern region of the country. The event will be organized by the Department of Administrative Reforms & Public Grievances(DARPG) in association with Ministry of Electronics & Information Technology(MeitY). The theme of this Conference… Continue reading 22nd National Conference on e-Governance 2019 to be held at Shillong on 8-9, 2019
Inclusion of Nepali and Santhali languages in the Scheme for grant of Senior/Junior Fellowships of Culture Ministry
Union Minister for Culture has announced the inclusion of Nepali and Santhali languages in the Scheme for grant of Senior/Junior Fellowships of Culture Ministry. These two remaining languages from the 8th Schedule of the Indian Constitution were included in the Sub-Field of category“Literature” in the scheme. The Ministry of Culture administers a scheme component namely… Continue reading Inclusion of Nepali and Santhali languages in the Scheme for grant of Senior/Junior Fellowships of Culture Ministry
New Delhi may not join interim arrangement to replace appellate body at WTO
India is unlikely to strike bilateral deals with World Trade Organization (WTO) members such as the European Union (EU) and Canada. The deal aims to work out an interim arrangement to preserve the dispute settlement function of the multilateral body by agreeing to set up arbitration panels to resolve disputes. The Appellate body considered the… Continue reading New Delhi may not join interim arrangement to replace appellate body at WTO
Cabinet approves increasing strength of Supreme Court judges from 31 to 34
The Union Cabinet has approved the proposal to introduce a bill to increase the number of judges in Supreme Court from 31 to 34. This decision of the Cabinet came days after Chief Justice of India had written to Prime Minister to increase the number of judges in the top court. CJI had written that… Continue reading Cabinet approves increasing strength of Supreme Court judges from 31 to 34
