Why in News? Tamil Nadu Governor will make a decision on a plea for the release of a prisoner. The prisoner is undergoing life imprisonment for the assassination of former Prime Minister Rajiv Gandhi in 1991. Facts: Pardoning Powers of Governor: Article 161: It provides that the Governor shall have the power to grant pardons, reprieves, respites, or… Continue reading Pardoning Powers of Governor
Category: Daily Factly articles
Green bonds
Why in News? According to the Reserve Bank of India(RBI), the cost of issuing green bonds in India has generally remained higher compared to other bonds. It is largely due to asymmetric information. About Green Bonds: It is a debt instrument just like any other normal bond, issued by an issuer for raising funds. The only difference is that these instruments are designed… Continue reading Green bonds
Pradhan Mantri Awas Yojana (Urban)
Why in News? According to Government data, a total of 1.1 crore houses has been approved under Pradhan Mantri Awas Yojana (Urban), of which more than 70 lakh houses are under various stages of construction and more than 41 lakh houses have been completed. Facts: Pradhan Mantri Awas Yojana(Urban): It was launched by the Ministry… Continue reading Pradhan Mantri Awas Yojana (Urban)
Dragon fruit to be renamed as ‘kamalam’
Why in News? Gujarat government has applied for a patent to change the nomenclature of dragon fruit to ‘Kamalam’.The word ‘Kamalam’ is a Sanskrit word and the shape of the dragon fruit resembles the lotus flower. Facts: Dragon Fruit: It is the fruit of a species of wild cactus indigenous to South and Central America,… Continue reading Dragon fruit to be renamed as ‘kamalam’
Global Risk Report, 2021
Why in News? The World Economic Forum(WEF) has released the 16th edition of the Global Risk Report, 2021. Report findings are based on the Global Risks Perception Survey (GRPS). GRPS was undertaken by more than 650 members of leadership communities of WEF (World Economic Forum). Aim: To highlight the risks and consequences of widening inequalities… Continue reading Global Risk Report, 2021
SC appointed Central Empowered Committee(CEC) report on Sand mining in Rajasthan
The Supreme Court speaks on sand mining. This is what it says!
DPIIT launches regulatory compliance portal
Why in News? The Department for Promotion of Industry and Internal Trade (DPIIT) has launched a portal called “Regulatory Compliance Portal”. About Regulatory Compliance Portal: Objective: Portal is aimed at minimizing the regulatory burden on businesses and citizens. For that, it will act as a bridge between citizens, industries and the Government. It will also act as a first-of-its-kind central online… Continue reading DPIIT launches regulatory compliance portal
Indian star tortoises
Why in News: Indian star tortoises have been seized by the Forest officials while being smuggled from Andhra Pradesh to Odisha. Facts: Source: IUCN Indian star tortoise (Geochelone Elegans): It is a species of tortoise found in dry areas and scrub forests of India, Pakistan and Sri Lanka. It is accustomed to monsoon seasons. These tortoises are easily… Continue reading Indian star tortoises
National Startup Advisory Council
Why in News? The Government of India has nominated 28 non-official members on the National Startup Advisory Council. About National Startup Advisory Council: National Startup Advisory Council: It was constituted by the Department for Promotion of Industry and Internal Trade (DPIIT) in January, 2020. Objective: This is to advise the Government on measures needed to build a strong startup ecosystem. The… Continue reading National Startup Advisory Council
2nd edition of India Innovation Index-2020
Why in News? NITI Aayog along with the Institute for Competitiveness has released the second edition of the India Innovation Index-2020. Facts: India Innovation Index: The first edition of the index was launched in October 2019. The Index is aimed at providing an effective tool to track the state of innovation at both the national and the state level. Objectives: The… Continue reading 2nd edition of India Innovation Index-2020
