What is the news? The European Commission has unveiled a “digital green certificate” for the European Union(EU) Citizens. About Digital Green Certificate: Firstly, Digital Green Certificate is a type of vaccine passport. It will be available to the citizens who are Covid-19 vaccinated or tested negative against Covid-19. It is also available to the persons… Continue reading EU unveiled a ‘Digital Green Certificate’
Author: Abdul
What is FDI or Foreign Direct Investment?
What is the News? The Rajya Sabha has passed the Insurance (Amendment) Bill, 2021. The Bill seeks to raise the FDI in the insurance sector to 74% from the current 49%. Click Here to Read about Insurance in Amendment Bill,2021 About Foreign Direct Investment(FDI): Foreign Direct Investment(FDI) is the medium for acquiring ownership of assets… Continue reading What is FDI or Foreign Direct Investment?
Ecuador’s “Sangay Volcano” erupted
What is the news? Ecuador’s Sangay volcano erupted and blew clouds of ash as high as 8,500 meters (8.5 km) into the sky. About Sangay Volcano: Sangay is an active stratovolcano in central Ecuador. It is one of the most active volcanoes in the world. Stratovolcanoes or composite volcanoes are conical volcanoes. They are composed… Continue reading Ecuador’s “Sangay Volcano” erupted
SC Guidelines for Bail in Sexual Assault Cases to Lower Courts
What is the News? The Supreme Court has set aside the “rakhi-for-bail” order of the Madhya Pradesh High Court. Further, the SC also issued guidelines to be followed by Courts while dealing with sexual assault cases. What was the Rakhi for Bail order of the MP High Court? In 2020, the Madhya Pradesh High Court… Continue reading SC Guidelines for Bail in Sexual Assault Cases to Lower Courts
SC agreed to hear the issue of “electoral bonds”
Contents1 What is the News?2 What are Electoral Bonds?2.1 Key Features of Electoral Bonds:3 Arguments against Electoral Bonds: What is the News? The Supreme Court agrees to hear a plea on staying the fresh sale of Electoral Bonds. The hearing of the case has been set before the upcoming state assembly elections. It is important… Continue reading SC agreed to hear the issue of “electoral bonds”
EU joins “CDRI or Coalition for disaster resilient infrastructure initiative”
What is the news? The 27-member European Union joins the Coalition for Disaster Resilient Infrastructure (CDRI) initiative. About Coalition for Disaster Resilient Infrastructure(CDRI) Initiative: Firstly, Prime Minister of India launched it in 2019 at the UN Climate Change Summit. Secondly, it is a multi-stakeholder global partnership of national governments, UN agencies, multilateral development banks, private… Continue reading EU joins “CDRI or Coalition for disaster resilient infrastructure initiative”
Voluntary Vehicle-Fleet Modernisation Programme
What is the news? The Union Road Transport and Highways Minister announces the Voluntary Vehicle-Fleet Modernisation Programme. It is also known as the Vehicle scrapping policy. Aim of the Policy: The policy aims to create an ecosystem to phase out unfit and polluting vehicles. It will reduce pollution, improve fuel efficiency, and increase the government’s… Continue reading Voluntary Vehicle-Fleet Modernisation Programme
“MPLAD Scheme” Funds for 2019-20 cleared by Finance Minister
What is the news? The Finance Minister has said that the funds under the MPLAD scheme (Members of Parliament Local Area Development) Scheme for 2019-20 are clear. Note: The government of India has decided to make the MPLADS scheme non-operational for two years(2020-21 and 2021-22). These funds will be used to strengthen the Government’s efforts… Continue reading “MPLAD Scheme” Funds for 2019-20 cleared by Finance Minister
What are “DFIs or Development Finance Institutions”?
Contents1 What is the News?2 About DFIs:3 Key Features of DFIs Development Finance Institution :4 DFIs Development Finance Institution in India: What is the News? The Union Cabinet has approved a bill to set up a DFI (Development Finance Institution). It will be called National Bank for Financing Infrastructure and Development (NaBFID). Click Here to… Continue reading What are “DFIs or Development Finance Institutions”?
“Handicrafts and Handlooms Export Corporation” closed permanently
What is the News? Union Cabinet has approved the closure of loss-making Handicrafts and Handlooms Export Corporation of India Ltd(HHEC). About Handicrafts and Handlooms Export Corporation of India Ltd(HHEC): It is a central public sector undertaking (CPSE) established in 1958 under the administrative control of the Ministry of Textiles. Mandate/Objectives of the Handicrafts and Handlooms… Continue reading “Handicrafts and Handlooms Export Corporation” closed permanently
