Source: The Hindu What is the News? In Pichhra Varg Kalyan Mahasabha Haryana v. State of Haryana) case, the Supreme Court has stated that economic criterion cannot be the sole basis for identifying sections of backward communities as ‘creamy layer’. What was the case? A petition was filed in the Supreme Court challenging the two… Continue reading ‘Economic criterion not sole basis for creamy layer’
Author: Abdul
Indian scientists discover new algae
Source: Tribune Contents1 What is the News?2 About Acetabularia jalakanyakae:3 Key Features:4 About Algae: What is the News? Scientists from the Central University of Punjab, Bathinda have discovered a new species of marine green algae from Andaman and Nicobar Islands. The green seaweed is named Acetabularia jalakanyakae. About Acetabularia jalakanyakae: Acetabularia jalakanyakae is a bright green… Continue reading Indian scientists discover new algae
E-tailers can’t store your card data, says RBI
Source: TOI What is the News? Reserve Bank of India is all set to implement its revised set of guidelines on the card data storage policy from January 2022. RBI’s Guidelines on Card Data Storage Policy: As per the guidelines, Payment Aggregators(PAs), Payment Gateways and online merchants shall not store card credentials of customers in… Continue reading E-tailers can’t store your card data, says RBI
Russian stealth frigates to come in 2023
Source: The Hindu Contents1 What is the News?2 About Krivak Class Stealth Frigates:3 India-Russia Deal for new Krivak Class Stealth Frigates:4 Key Features of Krivak Class Stealth Frigates: What is the News? The first of the two additional Krivak class stealth frigates being built by Russia is expected to be delivered to India in the… Continue reading Russian stealth frigates to come in 2023
FM launches Ubharte Sitaare Fund
Source: The Hindu Contents1 What is the News?2 About ‘Ubharte Sitaare’ Alternative Investment Fund:3 Objectives of the Fund:4 Key Features of the Fund: What is the News? The Ministry of Finance has launched ‘Ubharte Sitaare’ Alternative Investment Fund. About ‘Ubharte Sitaare’ Alternative Investment Fund: Aim: To provide debt and equity funding to export-oriented MSMEs as… Continue reading FM launches Ubharte Sitaare Fund
RBI panel suggests umbrella body for helping smaller UCBs scale up
Source: Business Standard and Livemint Contents1 What is the News?2 About the Expert Committee on UCBs:3 Key Recommendations of the Committee:4 Umbrella Organisation: 5 Compulsory Amalgamation:6 Supervisory Action Framework(SAF):7 Use of Cloud Services: What is the News? The Reserve Bank of India(RBI) has released the report of the Expert Committee on Primary Urban Co-operative Banks(UCBs). About… Continue reading RBI panel suggests umbrella body for helping smaller UCBs scale up
Government launches Yuktdhara portal to facilitate Geo-spatial planning of MGNREGA assets
Source: PIB What is the News? The Ministry of Rural Development has launched a new geospatial planning portal named ‘Yuktdhara’. About Yuktdhara Portal: Yuktdhara is a geospatial planning portal under Bhuvan. Purpose: The portal will help in facilitating new MGNREGA assets using remote sensing and geographic information system-based data. Developed by: The portal is a… Continue reading Government launches Yuktdhara portal to facilitate Geo-spatial planning of MGNREGA assets
India could gain $11 trn in 50 years with climate action: Deloitte report
Source: Business Standard What is the News? Deloitte Economics Institute has released a report, titled “India’s turning point: How climate action can drive our economic future”. Key Findings of the Report: Impact of Climate Change on Economy: India can gain $11 trillion in economic value over the next 50 years by limiting rising global temperatures… Continue reading India could gain $11 trn in 50 years with climate action: Deloitte report
Finance Minister launches the National Monetisation Pipeline
Source: The Hindu, Indian Express, Livemint and PIB What is the News? The Union Minister for Finance has launched the National Monetisation Pipeline. About National Monetisation Pipeline: Prepared by: It was prepared by NITI Aayog in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22. Note: Asset monetisation… Continue reading Finance Minister launches the National Monetisation Pipeline
Women’s panel defends draft Inheritance Bill
Source: The Hindu What is the News? The draft Arunachal Pradesh Marriage and Inheritance of Property Bill, 2021 has met with strong opposition in the State. About Draft Arunachal Pradesh Marriage and Inheritance of Property Bill, 2021: The bill focuses on the provisions related to the legal status of marriage, the procedure of marriage registration,… Continue reading Women’s panel defends draft Inheritance Bill
