What is the News? El Salvador has become the first country in the world to adopt Bitcoin as legal tender. This means businesses should accept payment in bitcoin alongside the U.S. dollar, which has been El Salvador’s official currency since 2001. Benefits of making Bitcoin as Legal Tender by El Salvador: Reduce the cost of… Continue reading El Salvador becomes first nation to adopt bitcoin as legal currency
Category: Daily Factly articles
Ministry of Coal Constitutes Task Force and Expert Committee to Prepare Road Map for Coal based Hydrogen Production
What is the News? The Ministry of Coal has constituted a Task Force and Expert Committee to prepare a road map for Coal based Hydrogen Production. About the Task Force for Coal based Hydrogen Production The Task Force will be headed by an Additional Secretary in the Ministry of Coal. Its terms of reference include… Continue reading Ministry of Coal Constitutes Task Force and Expert Committee to Prepare Road Map for Coal based Hydrogen Production
Odisha: Koraput’s Manda buffalo gets unique, indigenous tag
What is the News? Manda buffalo has been recognised as the 19th unique breed of buffaloes found in India by the National Bureau of Animal Genetic Resources (NBAGR). Note: Four breeds of cattle – Binjharpuri, Motu, Ghumusari and Khariar – and two breeds of buffalo – Chilika and Kalahandi – and one breed of sheep,… Continue reading Odisha: Koraput’s Manda buffalo gets unique, indigenous tag
What are dugongs, where is India’s first dugong conservation reserve?
What is the News? The Tamil Nadu State government has announced plans to set up a 500-sq km Dugong Conservation Reserve in Palk Bay. This is India’s first dugong conservation reserve. About Dugongs Dugongs(Dugong dugon), also called the sea cow, is a herbivorous mammal. They can grow up to three meters long, weigh about 300… Continue reading What are dugongs, where is India’s first dugong conservation reserve?
Drone use, satellite imagery for agriculture insurance may be a must
What is the news? Govt, IRDAI are considering using artificial intelligence to control fraud claims, cut delays in settlement. Pilot studies have been undertaken for estimation of yield at the gram panchayat level by using unmanned aerial vehicles (UAVs) or drones, artificial intelligence, and machine learning, among others. What is being planned? Use of drones… Continue reading Drone use, satellite imagery for agriculture insurance may be a must
Shikshak Parv: PM Narendra Modi launches key education initiatives
What is the news? The Prime minister has recently launched several initiatives in the education sector on Shiksha Parv. The aim behind these initiatives is to make our education system globally competitive. It also aims to make the youth future-ready. What is Shiksha Parv? It is being celebrated by the Ministry of Education. It is… Continue reading Shikshak Parv: PM Narendra Modi launches key education initiatives
Chief Ministers Conference on initiatives and schemes for farmers welfare
What is the News? The Union Agriculture Minister has addressed the Chief Minister’s Conference on initiatives and schemes for farmers welfare. The objective of the Conference To highlight the salient features of Atma Nirbhar Krishi and to enable States to enhance farmers income. It was also an occasion to share innovative initiatives undertaken by the… Continue reading Chief Ministers Conference on initiatives and schemes for farmers welfare
Account Aggregators: new framework to access, share financial data
What is the News? State Bank of India, ICICI Bank, Axis Bank, IDFC First Bank, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank and Federal Bank have joined the Account Aggregator(AA) network that will enable customers to easily access and share their financial data. What is an Account Aggregator(AA)? Account Aggregator is a non-banking financial company… Continue reading Account Aggregators: new framework to access, share financial data
Survey: 37% poor rural students not studying at all
What is the News? A Survey named School Children’s Online and Offline Learning(SCHOOL) was conducted to understand the impact of the prolonged closure of schools due to the pandemic. About the Survey SCHOOL The survey was conducted in 15 states and Union Territories(UTs). It focused on relatively deprived hamlets and ‘bastis’(slums), where children generally attend… Continue reading Survey: 37% poor rural students not studying at all
Why health journals have called for climate action
What is the News? Editors of more than 220 leading health journals from all over the world have published a joint editorial asking governments to take immediate and more ambitious climate action to hold global temperatures from rising beyond 1.5°C from pre-industrial times. Purpose of the Joint Editorial The joint editorial in health journals comes… Continue reading Why health journals have called for climate action
