News:Recently,the Supreme Court has directed the Centre and the Delhi government to draw up a comprehensive plan to install ‘smog towers’ across Delhi to deal with air pollution. Facts: About Smog Towers: Smog towers are structures designed to work as large-scale air purifiers. They are usually fitted with multiple layers of air filters, which clean… Continue reading To tackle pollution, smog tower to come up in Delhi
Category: Daily Factly articles
Turtle survival rides on handmade towel in Assam
News:Recently,multipurpose Assamese gamosa which is a white cotton towel, has been assigned a function of conservation of Assam freshwater turtles. Facts: About Assamese Gamosa: The Assamese Gamusa is generally a white rectangular piece of cloth with primarily a red border on three sides and red woven motifs on the fourth. It is valued as a… Continue reading Turtle survival rides on handmade towel in Assam
Govt launches Credit-linked Subsidy Services Awas Portal
News:Union Minister for Housing and Urban Affairs has launched Credit-linked Subsidy Services Awas Portal(CLAP) for Pradhan Mantri Awas Yojana (Urban). Facts: The portal was launched along with the signing of agreements between the Union Housing Affairs Ministry and state governments for the construction of LightHouse projects under GHTC-India. About the Portal: The portal provides a… Continue reading Govt launches Credit-linked Subsidy Services Awas Portal
Reserve Bank flags rising bad assets from Mudra loans
News:The Reserve Bank of India (RBI) has expressed concern over rising bad loans from Pradhan Mantri MUDRA Yojana(PMMY). Facts: About Rising Bad loans in MUDRA Yojana: The RBI Deputy Governor said that MUDRA was launched with the objective of lifting many beneficiaries out of poverty. However,there have been concerns at the growing level of non-performing… Continue reading Reserve Bank flags rising bad assets from Mudra loans
Atal Beemit Vyakti Kalyan Yojana
News:Union Minister of State (I/C) for Labour and Employment has informed Lok Sabha about Atal Beemit Vyakti Kalyan Yojana. Facts: About Atal Beemit Vyakti Kalyan Yojana: Atal Bimit Vyakti Kalyan Yojana is a welfare measure being implemented by the Employees State Insurance(ESI) Corporation. The scheme was launched in 2018.It is implemented on pilot basis for… Continue reading Atal Beemit Vyakti Kalyan Yojana
Rohtang Tunnel Likely To Open In May Next Year
News:The Rohtang tunnel being built on the Leh-Manali highway may become operational in the next six months. Facts: About Rohtang Tunnel: The Rohtang tunnel is being built in the Eastern Pir Panjal ranges on the Leh-Manali Highway under the Rohtang Pass. It will become the world’s longest highway tunnel above 10,000 feet. The development work… Continue reading Rohtang Tunnel Likely To Open In May Next Year
Explained:Nomura’s Food Vulnerability Index(NFVI)
News:According to a report by Nomura Global Market Research, India is ranked 44 out of 110 countries in Nomura’s Food Vulnerability Index. Facts: About Nomura’s Food Vulnerability Index: Nomura is a financial services group with an integrated global network spanning over 30 countries.It is headquartered in Japan. Nomura’s Food Vulnerability Index(NFVI) ranks countries on the… Continue reading Explained:Nomura’s Food Vulnerability Index(NFVI)
Key WTO body may become dysfunctional from December 11
News:The World Trade Organization’s(WTO) appellate body could become dysfunctional on December 11,2019 as the United States continues to block the appointment of members. Facts: About WTO’s Appellate Body: The World Trade Organization’s(WTO) Appellate Body was set up in 1995. It is a standing committee of seven members that presides over appeals against judgments passed in… Continue reading Key WTO body may become dysfunctional from December 11
MILAN Exercise off the East Coast
News:The Naval Exercise MILAN 2020 is scheduled to be held at Visakhapatnam in March,2020. Facts: About Exercise MILAN: MILAN is a series of biennial multilateral naval exercise conducted by Indian Navy.It was first held in the year 1995. It is aimed to enhance professional interaction between friendly foreign navies and learn from each other’s strengths… Continue reading MILAN Exercise off the East Coast
Taxation Laws (Amendment) Bill, 2019 introduced in Lok Sabha
News:Finance Minister has introduced the Taxation Laws (Amendment) Bill, 2019 in the Lok Sabha. Facts: Key features of the bill: Currently, domestic companies with an annual turnover of up to Rs 400 crore pay income tax at the rate of 25%.For other domestic companies, the tax rate is 30%. The bill provides domestic companies with… Continue reading Taxation Laws (Amendment) Bill, 2019 introduced in Lok Sabha
