First ever NTCA meeting outside National Capital held at Arunachal Pradesh

What is the News? The 20th Meeting of National Tiger Conservation Authority(NTCA) was held in Pakke tiger reserve in Arunachal Pradesh under the chairmanship of the Union Minister for Environment, Forest & Climate Change. Note: This is the first time in history that the NTCA meeting happened outside Delhi. What are the key highlights from… Continue reading First ever NTCA meeting outside National Capital held at Arunachal Pradesh

Centre extends ₹40 crore relief to Dalai Lama’s Tibetan Committee upto 2025-26

What is the News? The Union government has extended the scheme to provide Rs.40 crore grants-in-aid to the Dalai Lama’s Central Tibetan Relief Committee (CTRC) for another five years, up to the fiscal year 2025-26. Scheme to provide grants-in-aid to the Central Tibetan Relief Committee(CTRC)  Launched in: 2015 Purpose: To provide an annual grant of… Continue reading Centre extends ₹40 crore relief to Dalai Lama’s Tibetan Committee upto 2025-26

RBI proposes to make card-less cash withdrawal facility available across all banks, ATM networks using UPI

What is the News? Reserve Bank of India(RBI) has proposed to make cardless cash withdrawal facilities available at all ATMs, irrespective of banks, through the Unified Payment Interface(UPI). What is a cardless cash withdrawal facility? The cardless cash withdrawal facility does not require bank customers to use their debit or credit cards while withdrawing cash… Continue reading RBI proposes to make card-less cash withdrawal facility available across all banks, ATM networks using UPI

Explained: What is SDF, the RBI’s new tool to absorb excess liquidity to control inflation?

What is the News? The Reserve Bank of India(RBI) has introduced the Standing Deposit Facility(SDF), an additional tool for absorbing liquidity, at an interest rate of 3.75%. What is a Standing Deposit Facility(SDF)? Introduced in: 2018 by Reserve Bank of India by amending Section 17 of the RBI Act. Purpose: It is an additional tool… Continue reading Explained: What is SDF, the RBI’s new tool to absorb excess liquidity to control inflation?

Explained: The common complaints about Aadhaar, which CAG has now flagged in UIDAI audit

What is the News? Comptroller and Auditor General (CAG) of India has pulled up the Unique Identification Authority of India (UIDAI) over a range of issues related to the issuance of Aadhar Cards. What are the issues highlighted by the CAG related to the issuance of Aadhar Cards?  No assurance that all the Aadhaar holders… Continue reading Explained: The common complaints about Aadhaar, which CAG has now flagged in UIDAI audit

Ministry of I&B Constitutes Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force

What is the News? The Ministry of Information & Broadcasting has constituted the Animation, Visual Effects, Gaming and Comics(AVGC) Promotion Task Force. Background The Animation, Visual Effects, Gaming and Comic(AVGC) sector in India has the potential to become the torchbearer of “Create in India” & “Brand India”.  India has the potential to capture 5% (~$40… Continue reading Ministry of I&B Constitutes Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force

DRDO successfully flight-tests Solid Fuel Ducted Ramjet technology off Odisha coast

What is the News? Defence Research and Development Organization(DRDO) has successfully flight-tested Solid Fuel Ducted Ramjet (SFDR) booster at the Integrated Test Range (ITR), Chandipur off the coast of Odisha. What is Solid Fuel Ducted Ramjet(SFDR)? SFDR is a missile propulsion system being developed by the Defence Research and Development Organisation(DRDO).  Aim: To develop critical… Continue reading DRDO successfully flight-tests Solid Fuel Ducted Ramjet technology off Odisha coast

Endangered, Kodava takke gets a new lease of life

What is the News? Researchers have published a book titled “A Place Apart: Poems From Kodagu”. It is a bilingual edition of 21 poems by Appanna. This book will help spread awareness about the endangered Kodava takke language. Who are Kodavas? Kodavas are an ethnolinguistic group from the region of Kodagu (Coorg) in Karnataka. They… Continue reading Endangered, Kodava takke gets a new lease of life

Cabinet approves extension of Atal Innovation Mission

What is the News? The Union Cabinet chaired by the Prime Minister has approved the continuation of Atal Innovation Mission (AIM) till March 2023.  What is Atal Innovation Mission(AIM)? Launched by: NITI Aayog in accordance with the Finance Minister’s declaration in the 2015 Budget Speech.  Aim: To create and promote an ecosystem of innovation and… Continue reading Cabinet approves extension of Atal Innovation Mission

SC upholds new restrictions on foreign funds

What is the News? The Supreme Court has upheld the constitutional validity of the Foreign Contribution (Regulation) Amendment Act, 2020 or FCRA Act.  What is the case about? A petition was filed in the Supreme Court challenging the Foreign Contribution (Regulation) Amendment Act, 2020 or FCRA Act.  The FCRA amendment lays down certain conditions for… Continue reading SC upholds new restrictions on foreign funds

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