Factly: Bills and Acts Archives

Explained: What is the basis of MSP? How is it fixed, and how binding is it?

News: Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 does not provide any safeguards for the continuance of the existing minimum support price (MSP)-based procurement regime. Facts: MSP is the minimum price paid to the farmers for procuring food crops. It is announced by the Government at the beginning of the sowing season.… Continue reading Explained: What is the basis of MSP? How is it fixed, and how binding is it?

More than 15 Lakh loan applications received under PM SVANidhi scheme

News: More than 15 lakh loan applications have been received so far under the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme. Facts: PM SVANidhi: It is a special micro-credit facility scheme to enable more than 50 lakh urban/peri-urban & rural street vendors to restart their livelihoods affected due to the lockdown. Duration: The scheme… Continue reading More than 15 Lakh loan applications received under PM SVANidhi scheme

Prime Minister launches the Age Appropriate Fitness Protocols

News: Indian Prime Minister launched the Age Appropriate Fitness Protocols on the occasion of the first anniversary of the Fit India Movement. Facts: Fit India Movement was launched in 2019 on the occasion of National Sports day (29th August) Aim: To encourage people to inculcate physical activity and sports in their everyday lives. Nodal Ministry:… Continue reading Prime Minister launches the Age Appropriate Fitness Protocols

‘Kritagya’ Hackathon by National Agricultural Higher Education Project of ICAR

News: Indian Council of Agricultural Research (ICAR) has planned a hackathon named “KRITAGYA” Facts: It aims to promote potential technology solutions for enhancing farm mechanization with special emphasis on women friendly equipments. It has been planned under National Agricultural Higher Education Project (NAHEP). Additional Information: NAHEP It is a Government of India and World Bank… Continue reading ‘Kritagya’ Hackathon by National Agricultural Higher Education Project of ICAR

Grand ICT Challenge under Jal Jeevan Mission

News: Ministry of Electronics & Information Technology(MeitY) in partnership with National Jal Jeevan Mission(NJJM) has developed a ‘Smart water supply measurement and monitoring system’ via an ICT Grand Challenge. Facts: Aim: To conduct an ICT Grand Challenge which will bring innovative, modular and cost effective solutions to develop a “Smart water supply measurement and monitoring… Continue reading Grand ICT Challenge under Jal Jeevan Mission

India ranks 116 in World Bank’s Human Capital Index

News: The World Bank has released the annual Human Capital Index(HCI). Facts: Human Capital Index: It was launched in 2018 as part of the Human Capital Project(HCP), a global effort to accelerate progress towards a world where all children can achieve their full potential. Aim: It measures how much capital each country loses through lack… Continue reading India ranks 116 in World Bank’s Human Capital Index

Indian Cities Slip In Global Smart City Index

News: The Institute for Management Development(IMD) in collaboration with Singapore University for Technology and Design (SUTD) has released the 2020 Smart City Index(SCI). Facts: About the index: The index ranks cities based on economic and technological data as well as by their citizens’ perceptions of how “smart” their cities are. Cities Covered: Hundreds of citizens… Continue reading Indian Cities Slip In Global Smart City Index

Indian Technical and Economic Cooperation(ITEC) Programme

News: The 56th foundation day of Indian Technical and Economic Cooperation (ITEC) Programme is being celebrated. Facts: ITEC Programme: It was instituted in 1964 as a bilateral assistance programme run by the Government of India. Purpose: It is a demand-driven, response-oriented programme that focuses on addressing the needs of developing countries through innovative technological cooperation… Continue reading Indian Technical and Economic Cooperation(ITEC) Programme

Pradhan Mantri Garib Kalyan Package Insurance Scheme for health workers extended for six months

News: Government of India has extended Pradhan Mantri Garib Kalyan Package Insurance Scheme for Health Workers Fighting COVID-19 for another six months. Facts: Type: It is a Central Sector Scheme launched in March,2020. Aim: To provide an insurance cover of ₹50 lakh to healthcare providers, including community health workers who may have to be in… Continue reading Pradhan Mantri Garib Kalyan Package Insurance Scheme for health workers extended for six months

Union Education Minister launches AICTE-SPICE

News: The Union Education Minister has launched the AICTE-SPICES (Scheme for Promoting Interests, Creativity and Ethics among Students). Facts: Aim: To promote healthy co-curricular activity amongst the students for their all-round development. Purpose: The scheme provides financial support to institutions for developing students club for well-rounded development of students by promoting their interests, creativity and… Continue reading Union Education Minister launches AICTE-SPICE

Category: Factly: Bills and Acts