Must Read News Articles-August 16th 2019

Archives GS-2 U.N. Security Council to hold closed-door meeting on August 16 The United Nations Security Council (UNSC) will meet on August 16 morning to discuss Kashmir (India’s abrogation of Article 370). Independence Day speech: Modi announces Chief of Defence Staff post, Jal Jeevan Mission Two major announcements marked Mr. Modi’s speech on Independence Day.… Continue reading Must Read News Articles-August 16th 2019

Mains Marathon Daily Current Affairs Questions and Answer Writing – August 16th, 2019

Q.1) “Indian investigation agencies need modernisation and more autonomy to increase their efficacy.” Comment. The Hindu Q.2) “Quackery although increase accessibility to health services in India, but is a big danger to the health of poor.” Discuss. The Hindu Q.3) Discuss the issue of unemployment in India. What India should do check rising unemployment? The… Continue reading Mains Marathon Daily Current Affairs Questions and Answer Writing – August 16th, 2019

Textiles Ministry signs MoU for skill training

Ministry of Textiles has signed an MoU with 16 states to partner with it for skilling about four lakh workers as part of the ‘Samarth’ scheme. Samarth (Scheme For Capacity Building In Textile Sector) is a flagship skill development scheme of Ministry of Textiles. The objective of the scheme is to provide skill development to… Continue reading Textiles Ministry signs MoU for skill training

Report of the Competition Law Review Committee

The Competition Law Review Committee headed by Injeti Srinivas has submitted its report to the Government. Government had constituted Competition Law Review Committee in 2018 to review the existing framework and recommend changes to strengthen it. The committee has recommended a ‘Green Channel’ for faster regulatory approvals for mergers and acquisitions that may have no… Continue reading Report of the Competition Law Review Committee

CORAS of Indian Railways

Minister of Railways has launched CORAS (Commando for Railway Security) of Indian Railways. CORAS is a separate Commando Unit of Railway Protection Force (RPF). The commandos are specialized responder for any situation pertaining to damage, disturbance, disruption of train operations, attack and disaster situations in railway areas. These CORAS commandos will be posted in Left… Continue reading CORAS of Indian Railways

Govt. asks PSBs to find out reasons for rise in NPAs in last 5 years

The Finance Ministry has initiated a comprehensive consultative process with public sector banks(PSBs). The consultative process will start from branch level upwards to the State-level and then to the national level. The process aims to find out the reasons for the sharp rise in bad loans in the previous five years apart from outlining national… Continue reading Govt. asks PSBs to find out reasons for rise in NPAs in last 5 years

Explained: What is a notifiable disease?

Recently,South Delhi Municipal Corporation(SDMC) has initiated the process to notify malaria as notifiable disease. A notifiable disease is any disease that is required by law to be reported to government authorities.  This will allow authorities to gather information to monitor the disease, and provides early warning of possible outbreaks.  The process will also help the… Continue reading Explained: What is a notifiable disease?

India’s first space museum inaugurated in Hyderabad

The first Space Science Museum has been opened in Hyderabad, Telangana. The museum is a collaborative effort between the Indian Space Research Organization(ISRO) and the B M Birla Science Centre. The Space Museum has a host of exhibits including replicas of satellites such as (a)Ariane Passenger Payload Experiment (APPLE) (b) Chandrayan-1 (c)Mangalyaan and (d)launch vehicles… Continue reading India’s first space museum inaugurated in Hyderabad

Government issues guidelines for ₹1 trillion partial credit guarantee for NBFCs

Government has operationalised a partial guarantee scheme announced in the budget for non-banking and housing finance companies(NBFCs and HFCs). The scheme provides for a one-time partial credit guarantee to Public sector banks(PSBs) for purchase of pooled assets of financially sound NBFCs. The scheme aims to address temporary asset liability mismatches of otherwise solvent NBFCs/HFCs without… Continue reading Government issues guidelines for ₹1 trillion partial credit guarantee for NBFCs

Over 5 lakh smart meters operational across India, says EESL

Energy Efficiency Services Limited(EESL) has installed over 5 lakh smart meters in Uttar Pradesh, Delhi, Haryana, Bihar and Andhra Pradesh. These meters have been distributed under the Smart Meter National Programme. The Smart Meter National Programme aims to retrofit 25 crore conventional meters with smart meters which will lead to 80-100% improvement in billing efficiency.… Continue reading Over 5 lakh smart meters operational across India, says EESL

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