180 days too long for resolving insolvency, says IBBI member

180 days too long for resolving insolvency, says IBBI member News: A member of the Insolvency and Bankruptcy Board of India (IBBI) said the current time limit to resolve insolvency cases was more than adequate. This needs to be examined in the backdrop of increasing demands for more time to resolve cases filed for bankruptcy.… Continue reading 180 days too long for resolving insolvency, says IBBI member

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Making life easier for small savers

Making life easier for small savers News: The Government setting up of Government Savings Promotion Act by merging the Public Provident Fund (PPF) Act of 1968, the Government Savings Banks Act of 1873 and the Government Savings Certificates Act of 1959. Important Facts: This move would strengthen the objective of ‘minimum government, maximum governance’. The… Continue reading Making life easier for small savers

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States petition Kovind on 15th finance panel

States petition Kovind on 15th finance panel News: 1.Finance Ministers of six States met President Ram Nath Kovind and submitted a memorandum demanding 13 amendments to the Terms of Reference of the 15th Finance Commission. Important Facts: 2.The Memorandum stated that “the terms of reference violate the federal principle as enshrined in the Constitution, erode… Continue reading States petition Kovind on 15th finance panel

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Arbitrary, capricious

Arbitrary, capricious News: The Governor of Karnataka invited the President of State BJP-Karnataka to form the government in spite of the presence of a coalition which was bigger than BJP. Important Facts: Some analysts feel that the Governor acted in a politically partisan manner which goes against the Constitutional feature of neutrality of office. Mr… Continue reading Arbitrary, capricious

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The East Asian reset

The East Asian reset News: Pallavi Aiyar, a Young Global Leader with the World Economic Forum, observes that China-Japan relations which are usually tensed have being reset and on an upswing. Important News: Recently, China is trying to improve its relation with India as well as Japan Chinese Premier Li Keqiang’s visit to Japan on… Continue reading The East Asian reset

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Amid protests, Yeddyurappa takes oath as CM

Amid protests, Yeddyurappa takes oath as CM News BJP State President of Karnataka B.S Yeddyurappa was sworn in as the 29th Chief Minister on Karnataka. Important Facts:   Other parties protested as their alliance had a bigger strength than BJP. They called the governor’s decision as “unconstitutional and unprecedented”. 3.The Congress has approached the Supreme… Continue reading Amid protests, Yeddyurappa takes oath as CM

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‘India’s freshwater stocks in danger’ 

‘India’s freshwater stocks in danger’ News: According to a study published in the journal Nature,India’s fresh water stocks are in danger. Important facts: The study was conducted using an array of NASA earth observation satellites. NASA tracked the global hydrological changes. The study, has observed the following: wetter parts of the earth’s were getting wetter… Continue reading ‘India’s freshwater stocks in danger’ 

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Online resource for academicians soon

Online resource for academicians soon News: The National Institute of Educational Research and Planning (NIEPA) is planning to roll out an online National resource centre, an initiative under Pandit Madan Mohan Malaviya National Mission on Teachers and Training (PMMMNMTT). Important facts: The National Resource Centre portal will be a one-stop point for Indian academicians to… Continue reading Online resource for academicians soon

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Death by slow poisoning

Death by slow poisoning News: 1.An estimated 10 million people in nine districts of West Bengal drink arsenic-laden groundwater. Important Facts: 2.Today, around 10 million people in nine districts in West Bengal and 40 million in Bangladesh drink arsenic laden ground water. 3.The source of the arsenic contamination can be traced back to the following… Continue reading Death by slow poisoning

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