What is the News? The Government of India has decided to constitute a group of secretaries from states, along with senior officers of the Centre, to deliberate on a framework of Community Kitchens Scheme. Background A petition was filed in the Supreme Court seeking the setting up of community kitchens and subsidized canteens in all… Continue reading Group of 8 Food secretaries to create national policy for community kitchens
Category: Daily Factly articles
Explained: What is INS Vela, the submarine commissioned by the Indian Navy?
What is the News? INS Vela has been commissioned by the Indian Navy. What is INS Vela? INS Vela is the fourth submarine in the series of six Scorpene-Class submarines being built under Project-75. Named After: Vela is named after a type of Indian fish belonging to the stingray family, and the crest depicts the… Continue reading Explained: What is INS Vela, the submarine commissioned by the Indian Navy?
Bring in three-rate GST structure, says study by Finance Ministry-backed think-tank
What is the News? National Institute of Public Finance and Policy (NIPFP), an autonomous think tank backed by the Finance Ministry, has released a study titled “Revenue Implications of GST Rates Restructuring in India: An Analysis”. The study has suggested the Government to rationalise the GST rates without losing revenues. What is the current GST… Continue reading Bring in three-rate GST structure, says study by Finance Ministry-backed think-tank
Union Minister for Jal Shakti Launches River Cities Alliance -A Dedicated Platform For River Cities In India To Ideate, Discuss And Exchange Information For Sustainable Management of Urban Rivers
What is the News? Union Minister for Jal Shakti has launched the River Cities Alliance. What is the River Cities Alliance? Launched by: The alliance is a partnership of two Ministries i.e., Ministry of Jal Shakti and Ministry of Housing and Urban Affairs. Purpose: It is a dedicated platform for river cities in India to… Continue reading Union Minister for Jal Shakti Launches River Cities Alliance -A Dedicated Platform For River Cities In India To Ideate, Discuss And Exchange Information For Sustainable Management of Urban Rivers
Centre mulls new testing modes after anaemia surge
What is the News? The Government of India is implementing the Anaemia Mukt Bharat (Anaemia-free India) Programme to reduce the prevalence of Anaemia. What is the Anaemia Mukt Bharat Programme? Anaemia Mukt Bharat (AMB) Programme was launched in 2018 by the Ministry of Health and Family Welfare. Objective: To reduce the prevalence of anaemia among… Continue reading Centre mulls new testing modes after anaemia surge
What strategic oil release means for Indian consumers
What is the News? India has announced that it will release five million barrels of crude oil from its strategic petroleum reserves in consultation with other big global oil consumers such as the US, China, Japan, and the Republic of Korea. Click Here to read the reasons and impact of strategic oil release How does… Continue reading What strategic oil release means for Indian consumers
Cabinet approves continuation of National Apprenticeship Training Scheme for next five years
What is the News? The Cabinet Committee on Economic Affairs has approved the continuation of the National Apprenticeship Training Scheme (NATS) from 2021-22 to 2025-26. What is the National Apprenticeship Training Scheme(NATS)? The National Apprenticeship Training Scheme is the flagship programme of the Ministry of Education for Skilling Indian Youth. Purpose: It is a one… Continue reading Cabinet approves continuation of National Apprenticeship Training Scheme for next five years
Digital tax for US companies to stay until OECD pact comes into force
What is the News? India and US have agreed on a “transitional approach” to digital service tax imposed by the Indian Government. Background In 2016, India had introduced a 6% equalisation levy for digital advertising services. Later, in April 2020, it widened the scope to impose a 2% tax on non-resident e-commerce players. However, the… Continue reading Digital tax for US companies to stay until OECD pact comes into force
Raksha Mantri virtually inaugurates 5th World Congress on Disaster Management
What is the News? The Defence Minister has inaugurated the Fifth World Congress on Disaster Management. About Fifth World Congress on Disaster Management Organized by: Disaster Management Initiatives and Convergence Society (DMICS) Aim: To promote interaction of science, policy, and practices to enhance understanding of risks and advance actions for reducing risks and building resilience… Continue reading Raksha Mantri virtually inaugurates 5th World Congress on Disaster Management
NITI Aayog Releases Discussion Paper on Digital Banks Seeking Comments
What is the news? NITI Aayog has released a Discussion Paper titled “Digital Banks:A Proposal for Licensing & Regulatory Regime for India”. About the Discussion paper The Discussion Paper makes a case, and offers a template and roadmap, for a Digital Bank licensing and regulatory regime for India. The paper has been prepared by NITI… Continue reading NITI Aayog Releases Discussion Paper on Digital Banks Seeking Comments
