National Youth Parliament Festival 2021

News: Prime Minister of India has addressed the valedictory function of the second National Youth Parliament Festival, 2021. Facts: National Youth Parliament Festival: It is organized by the Ministry of Youth Affairs and Sports, Government of India in collaboration with one of the State Governments. But this year, the Ministry of Youth Affairs and Sports has decided… Continue reading National Youth Parliament Festival 2021

Government released Management Effectiveness Evaluation Report for protected areas

News: Union Environment Minister has released Management Effectiveness Evaluation (MEE) of 146 National Parks and Wildlife Sanctuaries. Facts: What is Management Effectiveness Evaluation (MEE)? Management Effectiveness Evaluation(MEE) tool is increasingly being used by governments and international bodies to understand the strengths and weaknesses of the protected area management systems. It is defined as the assessment of… Continue reading Government released Management Effectiveness Evaluation Report for protected areas

National Energy Conservation awards 2020

News:  Indian Railways has bagged 13 awards at the ‘National Energy Conservation awards 2020’. Facts: National Energy Conservation Awards: The awards are organised by the Bureau of Energy Efficiency (BEE), Ministry of Power. Instituted in: The awards were given for the first time on 14th December, 1991 which is celebrated as National Energy Conservation Day throughout the country. Objective: These Awards… Continue reading National Energy Conservation awards 2020

1,600 new tech start-ups and 12 unicorns in 2020: Nasscom’s Indian Tech Start-up Ecosystem report

News: National Association of Software and Services Companies (Nasscom) has released the annual start-up report ‘Indian Tech Start-up Ecosystem – On the March to Trillion Dollar Digital Economy’. Facts: Key Takeaways from the Report: Source: NASSCOM Report India has added 1,600 new tech start-ups and a record 12 unicorns in 2020 (the highest ever added in… Continue reading 1,600 new tech start-ups and 12 unicorns in 2020: Nasscom’s Indian Tech Start-up Ecosystem report

World Bank’s Global Economic Prospects Report predicts contraction of Indian economy

News: The World Bank has released the Global Economic Prospects report. Facts: Global Economic Prospects Report: It is a World Bank Group flagship report that examines global economic developments and prospects, with a special focus on emerging markets and developing economies. It is issued twice a year, in January and June. Key Takeaways from the… Continue reading World Bank’s Global Economic Prospects Report predicts contraction of Indian economy

Government released Longitudinal Ageing Study in India(LASI)

News: Union Health Ministry has released the Longitudinal Ageing Study in India(LASI). Facts: LASI: It is a full scale national survey of scientific investigation of the health, economic, and social determinants and consequences of population ageing in India. Study conducted by: National Programme for Health Care of Elderly, Ministry of Health & Family Welfare has… Continue reading Government released Longitudinal Ageing Study in India(LASI)

Economic Impact of Internet shutdown in Indian and world economy

News: According to a report by the UK-based privacy and security research firm Top10VPN, India has suffered the longest internet shutdowns in 2020 globally. Facts: Key Takeaways from the report: Globally, internet shutdowns cost the world economy $4 billion. However, this represents a 50% decrease in impact compared to $8.05 billion in 2019. India has… Continue reading Economic Impact of Internet shutdown in Indian and world economy

Why lightning kills so many Indians?

News: According to a report, Lightning strikes have caused 1,771 deaths between April 1,2019 and March 31,2020 in India. Facts: The report has been prepared by Climate Resilient Observing Systems Promotion Council(CROPC), a non-profit organisation that works with India Meteorological Department(IMD), Indian Institute of Tropical Meteorology(IITM), India Meteorological Society(IMS) and World Vision India to disseminate… Continue reading Why lightning kills so many Indians?

Report on Trend and Progress of Banking in India 2019-20

News: Reserve Bank of India has released the Report on Trend and Progress of Banking in India 2019-20. Facts: About the report: The report is a statutory publication in compliance with Section 36 (2) of the Banking Regulation Act, 1949. Purpose: It presents the performance of the banking sector, including co-operative banks, and non-banking financial institutions during 2019-20… Continue reading Report on Trend and Progress of Banking in India 2019-20

RBI launches Digital payments index to track transactions

News: Reserve Bank of India(RBI) has launched a composite Digital Payments Index(DPI). Facts: Objective: To capture the extent of digitisation of payments across the country given the sharp pick-up in digital transactions seen in the recent past. Parameters: The index comprises five broad parameters with varying weights to measure the penetration of digital payments.The five key parameters include:… Continue reading RBI launches Digital payments index to track transactions

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