The government’s MUDRA scheme to finance small and micro borrowers has witnessed an increase in bad loans at a time when the system-wide non-performing assets(NPAs) have started showing signs of a decline. NPA is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. The NPAs… Continue reading MUDRA bad loans rise in FY19, even as NPAs decline across banking system
Category: Daily Factly articles
RBI to DRI: We can’t ask banks to share customer information
The Reserve Bank of India(RBI) has said that it has no power to ask banks to share information on customers with third parties including investigative agencies of the government even if it is in the interests of the bank. The RBI’s response came on a request by the Directorate of Revenue Intelligence(DRI) which sought RBI’s… Continue reading RBI to DRI: We can’t ask banks to share customer information
India rejects Pakistan’s charge of politicising FATF
India has rejected Pakistan’s allegation that it had tried to politicise deliberations at the Financial Action Task Force(FATF) which concluded its plenary with more criticism against Pakistan. Recently,FATF had warned Pakistan that the country could be blacklisted unless it fulfils an action plan against UN-designated terrorists operating in Pakistan by October,2019. A blacklist entry for… Continue reading India rejects Pakistan’s charge of politicising FATF
Three in four people with epilepsy in low-income countries may die early: WHO
According to the first global report on epilepsy by the World Health Organization(WHO),more than 75% of people with epilepsy in low-income countries are at risk of premature death due to lack of access to anti seizure medicines. Epilepsy is a central nervous system (neurological) disorder in which brain activity becomes abnormal causing seizures or periods… Continue reading Three in four people with epilepsy in low-income countries may die early: WHO
A medicated nail enamel to help fight infection developed
Researchers from the Delhi have developed a novel translucent nail lacquer fortified with an antifungal drug to treat onychomycosis.The drug-infused,quick-drying polymer can be easily applied like nail polish. Onychomycosis is an infection which is caused due to the fungus, named Trichophyton rubrum.It causes painful infection of toe and fingernails. The infection is prevalent in coastal… Continue reading A medicated nail enamel to help fight infection developed
Panel formed for better coordination among petrol, environment ministries
The Union government has set up a panel for better coordination among the Ministry of Petroleum and Natural Gas(MoPNG),the Ministry of Environment and Forest and Climate Change(MoEFCC) and the state governments. The panel will assist in speeding up hydrocarbon exploration-related clearances.The panel has Cabinet Secretary as chairman and secretaries of home,petroleum and environment will be… Continue reading Panel formed for better coordination among petrol, environment ministries
ASEAN vows to tackle ocean waste
The Association of Southeast Asian Nations(ASEAN) has vowed to fight against plastic pollution in the ocean as their leaders adopted a joint declaration during the 34th Asean summit in Bangkok. The Bangkok Declaration on Combating Marine Debris in ASEAN Region was adopted by the leaders of the ASEAN countries which includes four of the world’s… Continue reading ASEAN vows to tackle ocean waste
Odisha comes up with a flood atlas, aided by satellite imagery
Odisha Chief Minister has released a unique flood hazard atlas which is expected to help the State manage floods more efficiently. The flood hazard atlas system takes into account the flood inundation data captured through satellite imagery over the period from 2001 to 2018. The National Remote Sensing Centre (NRSC) of the Indian Space Research… Continue reading Odisha comes up with a flood atlas, aided by satellite imagery
Shefali Juneja appointed India’s representative to ICAO
Government has appointed Shefali Juneja as India’s representative in the council of the International Civil Aviation Organisation (ICAO). ICAO is a specialized agency of the United Nations charged with coordinating and regulating international air travel. ICAO was established in 1944 by Convention on International Civil Aviation(Chicago Convention).It is headquartered in Quebec,Canada. It codifies the principles… Continue reading Shefali Juneja appointed India’s representative to ICAO
Rajasthan nod to Ayushman Bharat
The Rajasthan government has given an official go ahead to implement the Central government’s flagship health insurance scheme, Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana(AB-PMJAY). AB-PMJAY will be integrated with Rajasthan’s existing state health scheme,Bhamashah Swasthya Bima Yojana(BSBY). Rajasthan is currently providing benefits to 97 lakh families under the state scheme.This leaves only Delhi,Telangana,Odisha and West… Continue reading Rajasthan nod to Ayushman Bharat
