News:Recently,the Home minister has referred to the Nehru-Liaquat Pact during the debate on the Citizenship Amendment Bill(CAB),2019. Facts: About Nehru-Liaquat Pact: The Nehru-Liaquat Pact also known as the Delhi Pact, was a bilateral agreement signed between India and Pakistan in 1950. The pact was signed in order to provide a framework for the treatment of… Continue reading Explained: What was the Nehru-Liaquat Agreement of 1950,referred to in the CAB debate?
Category: Daily Factly articles
Cabinet approves Partial Credit Guarantee Scheme
News:Union Cabinet has approved Partial Credit Guarantee Scheme for purchase of high-rated pooled assets from financially sound NBFCs/HFCs by Public Sector Banks(PSBs). Facts: About the Partial Credit Guarantee Scheme: The scheme provides for a one-time partial credit guarantee to Public sector banks(PSBs) for purchase of pooled assets of financially sound NBFCs and HFCs, The scheme… Continue reading Cabinet approves Partial Credit Guarantee Scheme
Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019
News:The Union Cabinet has approved the amendments in the Insolvency and Bankruptcy Code, 2016 through the Insolvency and Bankruptcy Code (Second Amendment) Bill,2019. Facts: About Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019. The amendments aim to remove certain difficulties being faced during insolvency resolution process to realise the objects of the code and to… Continue reading Cabinet approves Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019
Cabinet authorises NHAI to set up Infrastructure Investment Trust
News:The Union Cabinet has given its approval to National Highways Authority of India (NHAI) to set up infrastructure investment trusts (InvITs). Facts: About InvITs: InvITs are investment scheme similar to mutual funds.They allow investment from individuals and institutional investors in infrastructure projects to earn a portion of the income as return. This investment is more… Continue reading Cabinet authorises NHAI to set up Infrastructure Investment Trust
Cabinet approves Agreement on Social Security between India and Brazil
News:The Union Cabinet has given its approval for signing the Agreement on Social Security between India and Brazil. Facts: About Social Security agreement: Social Security agreement allows exemption from double contribution to the social security system in both the countries. This means that the workers of both the countries are exempted from making social security… Continue reading Cabinet approves Agreement on Social Security between India and Brazil
U.S., Saudi at bottom of climate class: report
News: Climate Change Performance Index (CCPI), 2020 has been released at UNFCC CoP25 in Madrid, Spain Facts: CCPI is an independent monitoring tool for countries’ climate protection performance. It measures the emissions, renewable energy share and climate policies of 57 countries and the European Union. These countries are collectively responsible for 90% of GHG emissions.… Continue reading U.S., Saudi at bottom of climate class: report
India Skills Report finds 46.21% of students employable
News: India Skills Report 2019-20 has been released Facts: India Skills Report is a joint initiative of Wheebox (a global talent-assessment company), Taggd by PeopleStrong and Confederation of Indian Industry (CII) in collaboration with UNDP, AICTE, and AIU. Key takeaways: About 46.21% of students were found employable in 2019. The most employable candidates as per… Continue reading India Skills Report finds 46.21% of students employable
Parliament passes the Arms (Amendment) Bill, 2019
News: Parliament passed the Arms (Amendment) Bill, 2019 which seeks to amend the Arms Act, 1959. Facts: Key provisions of Arms (Amendment) Bill, 2019 License for acquiring firearms: The Bill reduces the number of permitted firearms from three to one. It also increases the duration of the validity of a firearm license from three years… Continue reading Parliament passes the Arms (Amendment) Bill, 2019
Rashtriya Vayoshri Yojana for Disabled Persons
News: Ministry of Social Justice and Empowerment informed Lok Sabha about Rashtriya Vayoshri Yojana. Facts: It was launched by the Ministry of Social Justice and Empowerment in 2017. It is a scheme for providing Physical Aids and Assisted-living Devices for Senior citizens belonging to the BPL category. Features: The beneficiaries under the scheme are identified… Continue reading Rashtriya Vayoshri Yojana for Disabled Persons
Ministry of Tourism has identified 17 sites in 12 clusters in the country for development as Iconic Tourist Sites
News: Ministry of Tourism has identified 17 sites in the country for development as Iconic Tourist Sites. Facts: About Iconic Tourist Sites Initiative It was announced in Budget 2019-20 by the Finance Minister. The nodal ministry for the implementation of the initiative is the Ministry of Tourism. Aim: To develop the selected sites into world-class… Continue reading Ministry of Tourism has identified 17 sites in 12 clusters in the country for development as Iconic Tourist Sites
