Author: ForumIAS

‘Accelerate Vigyan’ to strengthen scientific research mechanism

News: Science and Engineering Research Board(SERB) has launched a new scheme called ‘Accelerate Vigyan’(AV). Facts: Aim: To give more thrust on encouraging high-end scientific research and preparing scientific manpower which can lead to research careers and knowledge-based economy. Components: The scheme has two components ABHYAAS and SAMMOHAN. Mission ABHYAAS: It is an attempt to boost… Continue reading ‘Accelerate Vigyan’ to strengthen scientific research mechanism

RBI announces special liquidity scheme for NBFCs and HFCs through SPV

News: Reserve Bank of India(RBI) has operationalised the Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs) and Housing finance companies(HFCs).  Facts: Aim: To improve the liquidity position of non-banking finance companies (NBFCs) and housing finance companies(HFCs). Under the scheme, a Special Purpose Vehicle (SPV) has been set up to manage a Stressed… Continue reading RBI announces special liquidity scheme for NBFCs and HFCs through SPV

UN rolls out COVID-19 communication tool in Africa

News: United Nations Economic Commission for Africa(UNECA) has launched COVID-19 communication tool in Africa named Africa Communication and Information Platform(ACIP) for Health and Economic Action. Facts: ACIP: It is a mobile-based tool to support the country’s assigned National COVID-19 Taskforce to enhance its ability to implement necessary responses and to direct resources to mitigate and… Continue reading UN rolls out COVID-19 communication tool in Africa

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