What is the News? The Reserve Bank of India(RBI) is taking a hard look at the neobank business model where fintechs plug into a conventional bank’s network and become customer-facing banking service providers. What are Neo Banks? Neo-banks are online-only financial technology (fintech) companies that operate solely digitally or via mobile apps. Simply put, neo-banks… Continue reading RBI lens on neobanks amid rapid growth in customers
Author: Abdul
India opposes e-transmission moratorium
What is the News? At the 12th Ministerial Conference(MC 12) of the World Trade Organization (WTO), India has opposed the continuation of the moratorium on customs duties on e-commerce trade as the issue now has huge implications for the economy of developing countries. What is the E-Transmission Moratorium? Click Here to read about it Why… Continue reading India opposes e-transmission moratorium
Education Ministry to recognize in-service training received by Agniveers as credits for graduation
What is the News? Government of India has announced several programmes to enhance the future career aspects of youth recruited under Agnipath Scheme. What are the programmes announced by the Government of India for youth recruited under Agnipath Scheme? Three Year Bachelor Degree Programme The Ministry of Education has announced that it will launch a… Continue reading Education Ministry to recognize in-service training received by Agniveers as credits for graduation
India appears to be expanding its nuclear arsenal, claims SIPRI
What is the News? Stockholm International Peace Research Institute (SIPRI) has released the findings of SIPRI Yearbook 2022. What are the key findings of the report? Nuclear Arsenals: Globally: The nine nuclear-armed states—the United States, Russia, the United Kingdom, France, China, India, Pakistan, Israel and the Democratic People’s Republic of Korea (North Korea)—continue to modernize… Continue reading India appears to be expanding its nuclear arsenal, claims SIPRI
Drone Certification Scheme: Union Aviation Minister awards first Type Certificate under Drone Rules, 2021 to Gurugram-based IoTechWorld
What is the News? The Union Minister of Civil Aviation has awarded the first Type Certificate (TC) under Drone Rules, 2021 to IoTechWorld Avigation Pvt Ltd. What are Drone Rules,2021? Click Here to read about it What is a Drone Certification Scheme? Launched in: January 2022 The scheme has been developed by the Quality Council… Continue reading Drone Certification Scheme: Union Aviation Minister awards first Type Certificate under Drone Rules, 2021 to Gurugram-based IoTechWorld
Elephant deaths due to collisions: New plan to save jumbos from train hits
What is the News? The Union Environment Ministry and the Railways Ministry are exploring a project to minimize accidents where elephants get killed due to collisions with trains. What is the data on elephant deaths due to collisions with trains? According to Government data, nearly 186 elephants are officially reported to have been killed due… Continue reading Elephant deaths due to collisions: New plan to save jumbos from train hits
Cabinet clears Agnipath Scheme
What is the News? The Union Cabinet has approved an attractive recruitment scheme for Indian youth to serve in the Armed Forces called AGNIPATH. What is Agnipath Scheme? It is a pan-India short-term service youth recruitment scheme for the armed forces. Aim: The scheme has been designed to enable a youthful profile of the Armed… Continue reading Cabinet clears Agnipath Scheme
Cabinet approves Agreement between India and United Nations on a ‘Way Finding Application’ to be used in the Palais des Nations, United Nations Office at Geneva
What is the News? The Union Cabinet has approved the proposal for the signing of an agreement between the Government of India and the United Nations on a ‘Way Finding Application’ to be used in the Palais des Nations, United Nations Office at Geneva(UNOG). What is the United Nations Office at Geneva(UNOG)? UNOG is located… Continue reading Cabinet approves Agreement between India and United Nations on a ‘Way Finding Application’ to be used in the Palais des Nations, United Nations Office at Geneva
Periodic Labour Force Survey(PLFS) – Annual Report
What is the News? The Ministry of Statistics and Programme Implementation has released the Periodic Labour Force Survey(PLFS) for 2020-21. What is the Periodic Labour Force Survey(PLFS)? Click Here to read about it What are the key findings of the survey? Unemployment Rate: The unemployment rate saw a decrease of 0.6% and fell to 4.2%… Continue reading Periodic Labour Force Survey(PLFS) – Annual Report
Union Minister releases the second edition of the National e-Governance Service Delivery Assessment 2021, NeSDA 2021
What is the News? The second edition of the National e-Governance Service Delivery Assessment(NeSDA) has been released. What is the National e-Governance Service Delivery Assessment(NeSDA) 2021? Constituted by: Department of Administrative Reforms & Public Grievances (DARPG) in 2019. Objective: It is a biennial study that assesses States, Union Territories (UTs) and focuses on Central Ministries… Continue reading Union Minister releases the second edition of the National e-Governance Service Delivery Assessment 2021, NeSDA 2021
