News:The sales of Renewable Energy Certificates(REC) fell around 10% to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago. Facts: Background on REC: The Electricity Act, 2003 and the National Action Plan on Climate Change(NAPCC) provide for a roadmap for increasing the share of renewable in the… Continue reading Renewable Energy Certificates Sales Down 10% in December
Category: Daily Factly articles
Kerala State Youth Welfare Board organises Kalaripayattu training for young women
News:Kerala State Youth Welfare Board has organised Kalaripayattu training for young women in the backdrop of women increasingly becoming vulnerable. Facts: About Kalaripayattu: Kalaripayattu is a great and ancient physical, cultural and martial art of Kerala.The martial art originated during the 3nd century BC to the 2nd century AD. The word kalari first appears in… Continue reading Kerala State Youth Welfare Board organises Kalaripayattu training for young women
Finance Minister launches ‘eBkray’ online auction platform for assets attached by banks
News:Union Finance Minister has launched an eBkray or eBक्रय which is a common e-auction platform. Facts: About the eBkray platform: The eBkray platform enables the online auction of the attached assets transparently and cleanly for the improved realization of value by the Public Sector banks(PSBs). The platform is equipped with property search features and navigational… Continue reading Finance Minister launches ‘eBkray’ online auction platform for assets attached by banks
UN to draft new international treaty on cyber crime
News:The United Nations has approved a new resolution in order to draft an international treaty to combat cyber crime. Facts: About the international treaty: The UN General Assembly has established an expert committee.The committee was made after Russia had drafted a resolution which was approved by 193 member countries. The committee will elaborate a comprehensive… Continue reading UN to draft new international treaty on cyber crime
MOSPI constitutes committee on economic statistics
News:The Ministry of Statistics and Programme Implementation(MOSPI) has constituted a Standing Committee on Statistics(SCES). Facts: Background: The committee has been constituted after several economists had expressed concern over political interference in influencing statistical data in India. They had called for restoration of institutional independence and integrity to the statistical organisations. About the committee: The committee… Continue reading MOSPI constitutes committee on economic statistics
Indian Army rescues 1,500 tourists stranded in Nathu La in Sikkim
News:Recently,the Indian Army has rescued about 1,500 tourists who were stranded in Nathu La in eastern part of Sikkim. Facts: About NathuLa Pass: Nathu La is a mountain pass in the Himalayas in East Sikkim district.It connects the Indian state of Sikkim with China’s Tibet Autonomous Region. The pass is also one of the three… Continue reading Indian Army rescues 1,500 tourists stranded in Nathu La in Sikkim
MyGov reaches 1 crore registered users
News:The Central government’s citizen engagement platform – MyGov has reached one crore registered users. Facts: About MyGov: MyGov is a citizen engagement platform founded by the Government of India in 2014. The platform is aimed at creating a common platform for Indian citizens to crowdsource governance ideas from citizens.Its users discuss and contribute to various… Continue reading MyGov reaches 1 crore registered users
Explained:How Andhra’s concept of three capitals is inspired by South Africa
News:The Andhra Pradesh cabinet has deferred taking a decision on relocating the state capital to three separate locations. Facts: About the decision on state capital: The Andhra Pradesh Chief Minister had announced that Andhra Pradesh could have three decentralised capitals on the lines of South Africa. The new capital being developed at Amaravati could become… Continue reading Explained:How Andhra’s concept of three capitals is inspired by South Africa
RBI directs large co-op banks to report all exposures above Rs.5 crore
News:The Reserve Bank of India(RBI) has directed large cooperative banks to report all aggregate exposures of Rs.5 crores and more to Central Repository of Information on Large Credits(CRILC). Facts: About CRILC: The Reserve Bank of India has created a CRILC of commercial banks, certain Non-Banking Financial Companies (NBFCs) and All India Financial Institutions(AIFIs). CRILC collects,… Continue reading RBI directs large co-op banks to report all exposures above Rs.5 crore
India may surpass Germany to become the fourth-largest economy in 2026:Report
News:The UK-based Centre for Economics and Business Research (CEBR) has released a report titled ‘World Economic League Table 2020’. Facts: About the report: The World Economic League Table is an annual calculation by Centre for Economics and Business Research (CEBR) jointly published by CEBR and Global Construction Perspectives. The base data for 2019 is taken… Continue reading India may surpass Germany to become the fourth-largest economy in 2026:Report
