Government to conduct skill mapping of citizens returning from overseas

News: Government of India has launched SWADES (Skilled Workers Arrival Database for Employment Support) Initiative. Facts: Aim: To create a database of Indian citizens returning from overseas under the Vande Bharat Mission based on their skill-sets and experience to tap into and fulfil demand of Indian and foreign companies. Bodies Involved: It is a joint… Continue reading Government to conduct skill mapping of citizens returning from overseas

Depsang tensions echo 2013 standoff

News: The tensions between India and China have increased after reports of a heavy Chinese presence at Depsang Plains. Facts: Depsang Plains: It is an area at a crucial dip (called the Bulge) on the Line of Actual Control (LAC). Controlled by: India controls the western portion of the plains as part of Ladakh whereas… Continue reading Depsang tensions echo 2013 standoff

China to set up 1,124 MW power project in PaK under CPEC

News: China will be setting up a Kohala hydropower project in Pakistan occupied Kashmir(PoK) under China-Pakistan Economic Corridor (CPEC). Facts: Kohala hydropower project: It is a 1,124-megawatt power project to be built on the Jhelum river.It is intended to provide more than five billion units of clean and low-cost electricity annually for consumers in Pakistan.… Continue reading China to set up 1,124 MW power project in PaK under CPEC

COVID-19 Solidarity Response Fund

Facts: The COVID-19 Solidarity Response Fund was established by the World Health Organization(WHO) with the help of the United Nations Foundation and the Swiss Philanthropy Foundation. Aim: To raise money from a wide range of donors to support the work of the World Health Organization(WHO) and partners to help countries respond to the COVID-19 pandemic.… Continue reading COVID-19 Solidarity Response Fund

Electronics incentive schemes launched

News: The Ministry of Electronics and Information Technology has launched three Electronics incentive schemes. Facts: Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors(SPECS): Aim: To help offset the disability for domestic manufacturing of electronic components and semiconductors in order to strengthen the electronics manufacturing ecosystem in the country. Under this, the government will… Continue reading Electronics incentive schemes launched

Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel

News: Sebi-constituted panel under the chairmanship of Ishaat Hussain has submitted its recommendations on social stock exchange(SSE). Facts: Key Recommendations: Direct listing of non-profit organisations(NGO) through the issuance of bonds and a range of funding mechanisms. Tax Sops: It has recommended exemptions from securities transaction tax (STT) and capital gains tax (CGT) to ensure that… Continue reading Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel

Democratic Republic of Congo declares new Ebola outbreak

News:Democratic Republic of Congo has declared a new Ebola epidemic in the western city of Mbandaka. Facts: Ebola virus disease(EVD) formerly known as Ebola haemorrhagic fever is a severe often fatal illness in humans. Origin: Ebola virus was first discovered in 1976 near the Ebola River in what is now the Democratic Republic of Congo.… Continue reading Democratic Republic of Congo declares new Ebola outbreak

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