The RBI union has proposed a Collegium of experts to appoint governors and deputy governors to ensure central bank autonomy and independence. The collegium should comprise former RBI governors,other prominent central bankers and economists. The recent resignation of the RBI deputy governor at least six months before his term expired is the trigger for mooting… Continue reading RBI union moots collegium to select governors, deputy governors
Category: Daily Factly articles
Bank NPA
Union Minister of Finance informed Lok Sabha about the present state of Bank Non Performing assets(NPA) in India. The minister said that as per RBI provisional data on global operations, the aggregate amount of gross NPAs of Public sector banks(PSBs) and Scheduled Commercial Banks(SCBs) till 31st March,2019 were Rs.8 lakh crore and Rs. 9.5 lakh… Continue reading Bank NPA
NGOs for promotion of road safety
Union minister has informed that Ministry of Road Transport and Highways has launched a scheme for grant of financial assistance to NGOs for administering Road Safety Advocacy in the last FY 2017-18. Under this Scheme,proposals for road safety advocacy programmes through 203 different Non-Governmental Organisations(NGOs)/Trusts/ Cooperative Societies have been sanctioned in FY 2017-18. As per… Continue reading NGOs for promotion of road safety
ICMR scientists identify new biomarker for malaria
A team of researchers from Indian Council of Medical Research(ICMR) has identified a new biomarker in the body called as glutamate dehydrogenase of malaria parasite. This promises to help develop a more sensitive diagnostic test for the malaria disease. Currently,tests used for diagnosing malaria are based on a gene,Histidine-rich Protein 2(HRP2) replete with amino acid… Continue reading ICMR scientists identify new biomarker for malaria
Cash in circulation fell post note ban: FM
Finance minister has said that demonetisation along with increased digital transactions and the reduced cash usage in the informal economy has led to a reduction in currency in circulation by ₹3.4 lakh crore. The Government has also said that fake note circulation has also dropped.It quoted RBI reports which said that the number of counterfeit… Continue reading Cash in circulation fell post note ban: FM
‘Impressive’ tortoise discovered in Arunachal Pradesh
Wildlife experts have discovered the Impressed Tortoise (Manouria impressa) in near Yazali of Lower Subansari district in Arunachal Pradesh. The new species of tortoise are elusive and have never been previously sighted in India. They are considered to be restricted to western Myanmar, pockets of habitat in Thailand, Laos, Vietnam, Cambodia, and southern China, and… Continue reading ‘Impressive’ tortoise discovered in Arunachal Pradesh
Single mothers head 4.5% of all Indian households
According to UN Women’s Report titled “Women’s Progress of the World 2019-2020”, in India, 13 million (4.5% of all households) are run by single mothers. In India, 46.7% of families are couples living with their children, over 31% live in extended families, while single person families account for 12.5% Further, the report has noted that… Continue reading Single mothers head 4.5% of all Indian households
Kerala tops the list for best performing State in health
The NITI Aayog has released the second edition of its State Health Index 2019 in a report titled “Healthy States, Progressive India: Report on Rank of States and UTs” The report has been prepared by NITI Aayog in collaboration with the health ministry and with technical assistance from the World Bank The index analyses overall… Continue reading Kerala tops the list for best performing State in health
1 crore houses likely to be completed by 2020 ahead of deadline: Puri
Union Housing and Urban Affairs Minister of State has said that the government’s target of constructing one crore houses by 2022 under the Pradhan Mantri Awas Yojana (Urban) could be completed by the end of 2020. He was speaking on the fourth anniversary of the launch of three schemes for urban development – PMAY (U),… Continue reading 1 crore houses likely to be completed by 2020 ahead of deadline: Puri
31.4% of Indian children will be stunted by 2022: report
According to a report prepared by the UN World Food Programme in collaboration with the Ministry of Statistics and Programme Implementation, going by the current trends, 31.4% under five years will still be stunted by 2022. The report has noted that food grain yields in India have risen 33% over the last 20 years, but… Continue reading 31.4% of Indian children will be stunted by 2022: report
