RBI had constituted a panel on economic capital framework to address the issue of RBI reserves.It is headed by Bimal Jalan.The panel will meet one more time before finalising its report. The panel was formed after the government has said that the RBI should hand over its surplus reserves amid a shortfall in revenue collections.… Continue reading Jalan panel report on RBI reserves by June end
Author: ForumIAS
Easy money can’t revive economy: SBI report
According to State Bank of India report,easy money policy will be ineffective to push the slow growth engine. An easy money policy is a monetary policy that increases the money supply usually by lowering interest rates.It occurs when a country’s central bank decides to allow new cash flows into the banking system. Recently,the Reserve Bank… Continue reading Easy money can’t revive economy: SBI report
Senior IPS officer V S Kaumudi appointed as BPR&D DG
Government has appointed IPS officer V S Kaumudi as the Director General of the Bureau of Police Research and Development (BPR&D). The Appointments Committee of the Cabinet(ACC) has approved the appointment by temporarily downgrading the post to the level of Additional Director General for a period of two years. BPR&D was established in 1970 with… Continue reading Senior IPS officer V S Kaumudi appointed as BPR&D DG
PIO-led team develops early version vaccine for Alzheimer’s
Researchers at the University of New Mexico are working on a vaccine they hope could prevent Alzheimer’s disease. Researchers have tested the vaccine on mice and found the animals were able to develop antibodies that combated tau tangles. Tau is a protein that when it occurs in tangled formations in the brain of Alzheimer patients… Continue reading PIO-led team develops early version vaccine for Alzheimer’s
Noted English writer Amitav Ghosh conferred 54th Jnanpith award
Recently,Amitav Ghosh was conferred the 54th Jnanpith award for the year 2018. The award was given for his outstanding contribution in English.Amitav Ghosh is the first English writer to get this award. The Jnanpith Award is an Indian literary award presented annually by the Bharatiya Jnanpith to an author for their outstanding contribution towards literature.… Continue reading Noted English writer Amitav Ghosh conferred 54th Jnanpith award
Cabinet nod for Aadhaar as ID proof at banks, telcos
The Union Cabinet has approved “The Aadhaar and Other Laws (Amendment) Bill, 2019” to replace the Aadhaar and Other Laws (Amendment) Ordinance, 2019. The Bill seeks to give effect to the changes in the Aadhaar Act such as giving a child an option to exit from the Aadhar programme on turning 18. The bill says… Continue reading Cabinet nod for Aadhaar as ID proof at banks, telcos
Union Cabinet clears fresh bill to ban instant triple talaq
The Union Cabinet has approved the Muslim Women (Protection of Rights on Marriage) Bill,2019 replacing the Muslim Women (Protection of Rights on Marriage) Second Ordinance,2019. The bill proposes to declare the practice of triple talaq as void and illegal. It also prescribes a penalty of up to three years imprisonment for an offence and provides… Continue reading Union Cabinet clears fresh bill to ban instant triple talaq
Indian Medical Council Amendment Bill cleared
The Union Cabinet has approved the Indian Medical Council (Amendment) Bill,2019 which will be introduced in the forthcoming session of the Parliament. The Bill seeks to ensure transparency, accountability and quality in the governance of medical education in the country.It provides for the supersession of the Medical Council of India(MCI) for two years. During this… Continue reading Indian Medical Council Amendment Bill cleared
Cabinet approves “The Central Educational Institutions (Reservation in Teachers’ Cadre) Bill, 2019″
The Union Cabinet has approved the introduction of the Central Educational Institutions (Reservation in Teachers’ Cadre) Bill,2019. The Bill will replace The Central Educational Institutions (Reservation in Teachers’ Cadre) Ordinance, 2019. The bill provides for a 200-point roster that defines college or university as the unit for faculty reservation rather than a department or subject.… Continue reading Cabinet approves “The Central Educational Institutions (Reservation in Teachers’ Cadre) Bill, 2019″
Amendments in the Dentists Act Cabinet approves the Dentists (Amendment) Bill, 2019
The Union Cabinet has approved the introduction of the Dentists (Amendment) Bill, 2019.The Bill amends the Dentists Act,1948. The amendment says that the representation of Central government members and elected members would no longer be made mandatory in dental councils and this process will reduce redundancy. The Dental Council of India was incorporated under The… Continue reading Amendments in the Dentists Act Cabinet approves the Dentists (Amendment) Bill, 2019
