The Finance Ministry has refused to accept the request from the Securities and Exchange Board of India(SEBI) to amend the provision that mandates transferring 75% of the market regulator’s surplus funds to the central government. SEBI had written to the government seeking a review of the Budget proposal that mandates transferring 75% of the market… Continue reading Centre rejects SEBI plea to amend provision for transferring reserves
Category: Daily Factly articles
Bihar police stations to have separate officers for investigation and law and order
The Bihar police has decided to bifurcate its forces on the lines of investigation and law and order at base level of police stations from August 15,2019. Bihar police will have separate sets of officers,head constables and constables to look after investigation and law and order. This will also allow police stations to devote up… Continue reading Bihar police stations to have separate officers for investigation and law and order
RBI Governor, state-run bank CEOs discuss slow rate transmission
The Reserve Bank of India Governor has discussed the issues of banking sector with the officials of Public sector banks(PSBs) and Indian Banks Association(IBA). During the meeting,the issue of less than desired level of transmission of monetary policy rates was discussed with the banks.Even though the RBI has cut the Repo rate by 75 basis… Continue reading RBI Governor, state-run bank CEOs discuss slow rate transmission
5.6cr Indians lived outside their state of birth in 2011
According to Census 2011 migration data, more than 5.6 crore Indians lived in states other than the ones they were born in. UP, Bihar, Rajasthan and MP had the highest ‘outmigration’. Maharashtra, Delhi and Gujarat had the largest ‘in-migration’. Among larger states, Bihar had the lowest number of people migrating into the state and most… Continue reading 5.6cr Indians lived outside their state of birth in 2011
Gender neutral POSCO bill introduced in RS
The government has introduced Protection of Children from Sexual Offences (Amendment) Bill 2019 in the Rajya Sabha. The bill seeks to amend POSCO Act, 2012. The amendment bill provides for gender neutral application of stringent punishment, including death penalty, for aggravated penetrative sexual assault of both girl and boy below 16 years of age. For… Continue reading Gender neutral POSCO bill introduced in RS
Child labour in film, TV comes under scanner
The Union Labour and Employment Ministry has expressed concern over violations of child labour rules in film and television industry. It has also urged the Ministry of Information and Broadcasting to ensure strict compliance by the industry with the norms on working conditions for children. Further, it has said that mandatory disclaimers should be presented… Continue reading Child labour in film, TV comes under scanner
INS Sagardhwani Flagged Off for ‘Sagar Maitri’
Marine Acoustic Research Ship, INS Sagardhwani, has set sail for a scientific venture called Sagar Maitri (Marine & Allied Interdisciplinary Training and Research Initiative) Mission- 2 The ship’s mission has been conceptualised by Defence Research and Development Organization (DRDO). It is in consonance with the Prime Minister’s vision of ‘Safety and Growth of All in… Continue reading INS Sagardhwani Flagged Off for ‘Sagar Maitri’
CMs’ panel mulls move to tie State farm reforms to funds
The Central government had set up a high powered committee of seven chief ministers led by Maharashtra’s CM as its convenor.The panel has discussed various measures to transform Indian agriculture and raise farmers’ income. The panel has said since agriculture is a State subject,all the States must be brought on board for time-bound reforms in… Continue reading CMs’ panel mulls move to tie State farm reforms to funds
Upliftment of Women of Backward Communities
Minister of State for Social Justice and Empowerment has informed the Parliament about the women specific schemes under National Backward Classes Finance and Development Corporation(NBCFDC), The minister informed that NBCFDC runs two women specific schemes for women whose annual family income is less than Rs.3 lakh per annum. The schemes are Mahila Samridhi Yojana which… Continue reading Upliftment of Women of Backward Communities
India draws new ‘red lines’ for talks on Afghan peace process
India has shared a table with the Taliban for the first time in November, 2018.India has now spelt out its three new red lines on the peace and reconciliation process in Afghanistan. The first is that all initiatives and processes must include all sections of the Afghan society including the legitimately elected government.This is important… Continue reading India draws new ‘red lines’ for talks on Afghan peace process
