Why in News? The Finance Minister proposed a plan to revive discoms. It will include a reform-based and result-linked scheme for electricity distribution companies(discoms). The Minister also announced a framework to provide electricity consumers, an option to choose from among more than one distribution company. This will end the monopoly of discoms and promote competition… Continue reading “Reform-based and result-linked scheme” to revive discoms
Category: Daily Factly articles
Government launches “Portal to collect data on gig workers”
What is the News? The Finance Minister has announced the launch of a portal to collect data on gig, building, and construction workers. About the Portal: The portal aims to collect relevant information on gig and platform workers along with building, construction and other such workers. The information collected will help in formulating health, housing,… Continue reading Government launches “Portal to collect data on gig workers”
Government announced “Single Security Market Code”
What is the news? Government has announced the setting up of a Single Security Market Code. Coverage: It will consolidate the provisions of SEBI Act,1992, Depositories Act, 1996, Securities Contracts (Regulation) Act,1956, and Government Securities Act,2007. Impact: This move will improve the ease of doing business in the country’s financial markets. Moreover, it will cut… Continue reading Government announced “Single Security Market Code”
Finance Minister allocates funds for “National Research Foundation”
What is the News? The Finance Minister allocated funds for the creation of a National Research Foundation(NRF). About National Research Foundation(NRF) The NRF found mention in the 2019 Budget speech first. New Education Policy(NEP),2020 also proposed its formation. The foundation would be an autonomous body. It will fund researches across four major disciplines –Sciences; Technology;… Continue reading Finance Minister allocates funds for “National Research Foundation”
Swachh Bharat Mission Urban 2.0 and Jal Jeevan Mission
What is the News? The Finance Minister launched Swachh Bharat Mission Urban 2.0 along with Jal Jeevan Mission(urban). Swachh Bharat Mission Urban Launched in: It was launched in 2014 by the Ministry of Housing and Urban Affairs. Swachh Bharat Mission Urban 1.0: The focus of the mission was to make urban India open defecation free… Continue reading Swachh Bharat Mission Urban 2.0 and Jal Jeevan Mission
What are the benefits of “Seaweed Farming”?
What is the news? In Budget 2021, the Finance Minister has proposed to set up a multi-purpose seaweed park in Tamil Nadu. It will be a part of the Seaweed Farming promotion in India. What is Seaweed? It is the name given to the many species of marine algae and plants. These species grow in… Continue reading What are the benefits of “Seaweed Farming”?
Medical boards for access to abortion untenable: Report
What is the News? The Centre for Justice, Law and Society(CJLS), Jindal Global Law School has undertaken a study to analyse the feasibility of setting up Medical Boards. Boards are proposed in the Medical Termination of Pregnancy(MTP) (Amendment) Bill, 2020. Background: MTP Amendment Bill,2020: The Bill seeks to amend Medical Termination of Pregnancy (MTP) Act,… Continue reading Medical boards for access to abortion untenable: Report
“Global Climate Risk Index 2021” – India is 7th Worst Hit Nation
What is the News? German watch, the Germany-based think tank, released the Global Climate Risk Index,2021. About the Index Data Sources: The index is prepared based on the data from the Munich Re NatCatSERVICE11. The data is identified as one of the most reliable and complete databases worldwide, on this matter. Other than that, It… Continue reading “Global Climate Risk Index 2021” – India is 7th Worst Hit Nation
NITI Aayog’s “Megacity plan for Little Andaman”
What is the News? Niti Aayog has released a megacity plan for Little Andaman. The plan is a part of its Vision Document titled “Sustainable Development of Little Andaman Island”. Facts: Aim: To leverage the strategic location and natural features of the Little Andaman island. A new greenfield coastal city will be developed as a… Continue reading NITI Aayog’s “Megacity plan for Little Andaman”
“3 Language Policy” is not applicable to the Central govt. offices
What is the News? The Union Ministry of Home Affairs has said that the 3 language policy is not applicable to offices of the Union government. About the News What was the issue? A question was filed under the Right to Information (RTI) Act. The questions were raised on the CRPF event in Karnataka for… Continue reading “3 Language Policy” is not applicable to the Central govt. offices
