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’
Category: Daily Factly articles
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
UNDESA Report on Migrants
Why in News? International Migration report 2020 has been released by the Population Division of the United Nations Department of Economic and Social Affairs (UNDESA). Aim: To provide the estimates of the number of international migrants according to country, age and sex for all regions of the world. Key findings for India: Indian diaspora is 18 million strong. It is the largest transnational population in the world. Destinations: The United… Continue reading UNDESA Report on Migrants
Vaccine Maitri: India Vaccine diplomacy exercise
Why in News? India will officially start its vaccine diplomacy with the name “Vaccine Maitri” under its Neighborhood First policy. Vaccine Diplomacy: It is the use of vaccines to increase a country’s diplomatic relationship with other countries. Key Features of Vaccine Maitri India will supply Made-in-India Covid-19 vaccines to its neighboring and key partner countries Under its Neighborhood First policy. Bhutan and Maldives will be the first to get the vaccines followed… Continue reading Vaccine Maitri: India Vaccine diplomacy exercise
Too Big To Fail: Domestic Systemically Important Banks (D-SIBs)
Why in News? Reserve Bank of India(RBI) has retained SBI, ICICI and HDFC Bank in Domestic Systemically Important Banks (D-SIBs) list or banks that are considered as “Too Big To Fail”. Facts: Domestic Systemically Important Banks(D-SIBs): D-SIBs are banks that are Too Big To Fail(TBTF). According to RBI, banks become D-SIBs due to their size, cross-jurisdictional activities, complexity and lack of substitute and interconnection. Banks, whose assets exceed 2% of GDP are considered part of this group. Significance of… Continue reading Too Big To Fail: Domestic Systemically Important Banks (D-SIBs)
