News: The Ministry of Mines has requested the Environment Ministry to exempt it from paying Net Present Value(NPV) for digging exploratory boreholes in forests.However, the Environment Ministry has refused saying that it would be ‘inappropriate’ to grant such an exemption as this was mandated by the Supreme Court. Facts: Net Present Value(NPV): It is a… Continue reading Environment Ministry rejects plea for exemption from forest penalty
Category: Daily Factly articles
India slips 26 places to 105 in global economic freedom index
News: The Global Economic Freedom Index 2020 has been released as a part of the Economic Freedom of the World: 2020 report by the Fraser Institute in Canada.In India, the report was co-published by Delhi-based Centre for Civil Society. Facts: About the report: The report measures the ‘economic freedom’ or the ability of individuals to… Continue reading India slips 26 places to 105 in global economic freedom index
Union Minister launches Climate Smart Cities Assessment Framework (CSCAF 2.0) and Streets for People Challenge
News: Union Minister for Housing and Urban Affairs(I/C) has launched Climate Smart Cities Assessment Framework(CSCAF) 2.0 along with the ‘Streets for People Challenge’. Facts: Climate Smart Cities Assessment Framework(CSCAF): CSCAF: It is an assessment framework launched in 2019 by the Minister for Housing and Urban Affairs(I/C) on climate relevant parameters. Objective: To provide a clear… Continue reading Union Minister launches Climate Smart Cities Assessment Framework (CSCAF 2.0) and Streets for People Challenge
Declaration of Results of Ranking of States: 2019 on support to Startup Ecosystems
News: The Results of the second edition of “States Startup Ranking 2019” has been released by the Minister of Commerce & Industry. Facts: States Startup Ranking 2019: The exercise was conducted by the Department for Promotion of Industry and Internal Trade(DPIIT). Objective: To foster competitiveness and propel States and Union Territories to work proactively towards… Continue reading Declaration of Results of Ranking of States: 2019 on support to Startup Ecosystems
125th Birth Anniversary celebrations of Shri Viswanatha Satyanarayana
News: The Vice President has inaugurated the 125th birth anniversary celebrations of Sri Viswanatha Satyanarayana. Facts: Viswanatha Satyanarayana(1895-1976): He was a 20th century Telugu writer.He was the first writer to impart a true Teluguness to the Ramayana.His works included poetry, novels, dramatic play, short stories and speeches, covering a wide range of subjects. Significance: Through… Continue reading 125th Birth Anniversary celebrations of Shri Viswanatha Satyanarayana
India, China agree on 5-point plan to de-escalate LAC stand-off
News: India and China have agreed on five points to guide their approach to the situation on the Line of Actual Control(LAC). Facts: Five Points: India and China should take guidance from the consensus of the leaders on developing India-China relations including not allowing differences to become disputes. The current situation in the border areas… Continue reading India, China agree on 5-point plan to de-escalate LAC stand-off
Govt forms Panel to Assess Impact of Waiving Loan Interest
News: Union government has constituted an expert committee to measure the economic impact of waiving interest on the Covid-19 related loan moratorium. Facts: About the Panel: The expert panel will be chaired by Rajiv Mehrishi, former Comptroller and Auditor General (CAG) of India, and will submit its report within one week. Mandate: It will measure… Continue reading Govt forms Panel to Assess Impact of Waiving Loan Interest
Big blow to China as Thailand scraps KRA canal project
News: Thailand has announced that it has decided to scrap a Chinese led-KRA canal project. Facts: Kra Canal also known as Thai Canal or Kra Isthmus Canal refers to a proposed canal project that aims to connect the Gulf of Thailand with the Andaman Sea across the Kra Isthmus in southern Thailand. Significance: The canal… Continue reading Big blow to China as Thailand scraps KRA canal project
Prime Minister launches Pradhan Mantri Matsya Sampada Yojana, e-Gopala mobile app
News: The Prime Minister has digitally launched the Pradhan Mantri Matsya Sampada Yojana(PMMSY) and also inaugurated the e-Gopala app. Facts: Pradhan Mantri Matsya Sampada Yojana(PMMSY): It is a flagship scheme for focused and sustainable development of the fisheries sector in the country as a part of the Atma Nirbhar Bharat Abhiyan. Nodal Ministry: Department of… Continue reading Prime Minister launches Pradhan Mantri Matsya Sampada Yojana, e-Gopala mobile app
Union Minister launches ‘SAROD-Ports’
News: Union Minister of State for Shipping(I/C) has launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports). Facts: SAROD-Ports: It aims to provide an Affordable Dispute Redressal Mechanism for all kinds of disputes of the maritime sector with the panel of technical experts as arbitrators. Registered Under: It was established under Societies Registration Act,… Continue reading Union Minister launches ‘SAROD-Ports’
