According to the Global Multidimensional Poverty Index(MPI),India has lifted 271 million out of poverty between 2005-06 and 2015-16. This has significantly helped in reducing deprivations in many of the ten indicators particularly in assets, cooking fuel, sanitation and nutrition. The report has stated that among the selected countries with a significant reduction in MPI value,India… Continue reading Lifting 271 mn out of poverty in 10 yrs,India fastest,Jharkhand No.1 area: UN
Author: ForumIAS
Payment service providers fear shutdown,ask govt to pay MDR
Payment Council of India(PCI) has said that the budget proposal to remove the merchant discount rate(MDR) will lead to the collapse of the payment acquiring industry. MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments. Currently,there is a provision to… Continue reading Payment service providers fear shutdown,ask govt to pay MDR
Maritime Anti-Corruption Network starts port integrity campaign in India
Maritime Anti-Corruption Network(MACN) has announced the launch of a Port Integrity Campaign in India. The campaign aims to reduce and in the long term eliminate integrity issues and bottlenecks to trade during operations in Indian ports. The campaign is a collective action of MACN, the Government of India, international organizations and local industry stakeholders. The… Continue reading Maritime Anti-Corruption Network starts port integrity campaign in India
Indian scientists develop wonder material ‘black gold’
Indian scientists from Tata Institute of Fundamental Research(TIFR) have developed a new material called “Black gold”. This material was developed using gold nanoparticles.This material can potentially be used for applications ranging from solar energy harvesting to desalinating seawater. The new material has unique properties such as capacity to absorb light and carbon dioxide(CO2).Gold does not… Continue reading Indian scientists develop wonder material ‘black gold’
U.S., India to begin formal talks on trade on July 12
Indian and United States Trade Representative(USTR) will meet to discuss various trade,economic issues and also to strengthen bilateral relations. This meeting comes after US President and Indian PM had agreed that trade issues need to be discussed and trade ministers of both countries should meet to resolve issues. The talks between the two countries had… Continue reading U.S., India to begin formal talks on trade on July 12
Kerala to set up investment firm for NRIs
Kerala has announced its plan to set up a diaspora investment company known as NRK Investment and Holding Company. The company will have a 74% stake of non-resident Keralites and a 26% government stake. This objective of the company will be fund infrastructure projects and NRI townships in the state.The projects planned under ‘Rebuild Kerala’… Continue reading Kerala to set up investment firm for NRIs
Bengal port records country’s highest sea level rise in 50 years
According to data by the Ministry of Earth Sciences,Diamond Harbour in West Bengal has recorded the maximum sea level increase out of the major ports in India. The data says that sea level rise in the country has been estimated to be 1.3 mm/year along India’s coasts during the last 40-50 years.On the other hand,… Continue reading Bengal port records country’s highest sea level rise in 50 years
Japan’s Hayabusa2 probe makes touchdown on asteroid
Hayabusa2 spacecraft has successfully touched down for the second time on the asteroid Ryugu. The successful touch down is the second for the space probe. In February, the Hayabusa2 spacecraft had successfully touched down on the asteroid Ryugu. It had then collected some surface fragments. Hayabusa 2 is a Japanese spacecraft launched in December 2014… Continue reading Japan’s Hayabusa2 probe makes touchdown on asteroid
Mukhyamantri Tirth Yatra Yojana
Delhi government’s Mukhyamantri Tirth Yatra Yojana has been launched. It is a fully-funded pilgrimage trip for senior citizens by the state government. Under the scheme, the government will bear the entire expenditure for all ‘yatris’, including air conditioned train travel, accommodation, meals, boarding and lodging and other arrangements. 1,100 senior citizens from each Assembly Constituency… Continue reading Mukhyamantri Tirth Yatra Yojana
Government approves launch of third phase of rural road programme
The government has approved the launch of Phase-3 of Pradhan Mantri Gram Sadak Yojana (PMGSY). The scheme is under the aegis of Ministry of Rural Development. Under the PMGSY-III Scheme, the government has proposed to consolidate roads measuring 1.25 lakh km in length in the states. Further, construction of bridges of up to 150m in… Continue reading Government approves launch of third phase of rural road programme
