What is the News? The 25th meeting of the Financial Stability and Development Council (FSDC) was held under the Chairpersonship of the Union Finance Minister. The Council noted that the Government and all regulators need to maintain a constant vigil on the financial conditions and functioning of important financial institutions, especially considering that it could… Continue reading 25th Meeting of Financial Stability and Development Council held in Mumbai
Category: Daily Factly articles
Green Financing Critical to Decarbonizing the Indian Transport Sector
What is the News? NITI Aayog and World Resources Institute(WRI), India has conducted a virtual consultation workshop on ‘Financing for Decarbonization of Transport’. What was the purpose of the workshop? Aim: To identify actionable strategies and bring together financing institutions and transport organizations to collectively work towards furthering innovative financing policies for the decarbonization of… Continue reading Green Financing Critical to Decarbonizing the Indian Transport Sector
Government approves the continuation of National Means-cum-Merit Scholarship (NMMSS) for a period of five years
What is the News? The government has approved the continuation of the National Means-cum-Merit Scholarship (NMMSS) for a period of five years i.e. from 2021-22 to 2025-26. What is the National Means-cum-Merit Scholarship Scheme(NMMSS)? Nodal Ministry: Launched in 2008-09 by Ministry of Education Type: Central Sector Scheme Aim: To award scholarships to meritorious students of economically… Continue reading Government approves the continuation of National Means-cum-Merit Scholarship (NMMSS) for a period of five years
PM CARES for Children Scheme Extended up to 28th February, 2022
What is the News? Government of India has extended the PM Cares for Children Scheme till 28th February, 2022. What is the PM Cares for Children Scheme? Implementing Ministry: Ministry of Women and Child Development in 2021 Objective: To ensure comprehensive care and protection of children who have lost their parent(s) to the COVID pandemic… Continue reading PM CARES for Children Scheme Extended up to 28th February, 2022
Wildfires will be more frequent, larger and intense due to climate change: UNEP
Contents1 What is the News?2 About Annual Frontiers Report3 What are the key highlights from the report?4 Noise Pollution5 Phenological Shifts5.1 Wildfires What is the News? The United Nations Environment Programme (UNEP) has released its latest Annual Frontiers Report. About Annual Frontiers Report This is the fourth edition of the Frontiers Report. The first one… Continue reading Wildfires will be more frequent, larger and intense due to climate change: UNEP
OpenSea phishing attack: All you need to know
Contents1 What is the News?2 What is OpenSea?3 What exactly happened with OpenSea?4 What are the identity issues with NFT?5 Is phishing the only way for NFTs to be stolen? What is the News? Social media posts have alleged that non-fungible token (NFT) marketplace OpenSea was hacked, compromising assets worth $200 million. What is OpenSea?… Continue reading OpenSea phishing attack: All you need to know
How central agency is looking to strengthen network for monitoring groundwater situation
What is the News? Central Ground Water Board(CGWB) is aiming to strengthen its existing network of hydrograph monitoring stations for a better assessment of the situation of groundwater in Delhi. About the status of groundwater exploitation in India India is home to 16% of the world’s population, but only holds 4% of the world’s freshwater… Continue reading How central agency is looking to strengthen network for monitoring groundwater situation
About PMFBY: India’s facade of agricultural insurance
Contents1 What is the News?2 What is Pradhan Mantri Fasal Bima Yojana(PMFBY)?3 Other Features of the Scheme:4 What are the issues with the PMFBY?5 What are the steps taken by the government to address issues with the PMFBY? What is the News? Since its launch in 2016, Pradhan Mantri Fasal Bima Yojana (PMFBY) has seen… Continue reading About PMFBY: India’s facade of agricultural insurance
Draft India Data Accessibility & Use Policy, 2022: India’s draft data policy unlocks govt data for all, mulls monetisation
What is the News? The Government of India has released a policy document called “Draft India Data Accessibility & Use Policy 2022”. About the Draft India Data Accessibility & Use Policy, 2022 Aim: To enhance access, quality, and use of data in line with the current and emerging technology needs of the decade. Salient features… Continue reading Draft India Data Accessibility & Use Policy, 2022: India’s draft data policy unlocks govt data for all, mulls monetisation
Govt has decided to continue the Umbrella scheme of Border Infrastructure & Management (BIM) from 2021-22 to 2025-26
What is the news? Government has approved the continuation of the “Border Infrastructure and Management” (BIM) Scheme over the 15th Finance Commission Cycle from 2021-22 to 2025-26. What is the Border Infrastructure and Management (BIM) Scheme? Nodal Ministry: Ministry of Home Affairs Type: Central Sector Scheme Aim: To strengthen the border infrastructure for improving border… Continue reading Govt has decided to continue the Umbrella scheme of Border Infrastructure & Management (BIM) from 2021-22 to 2025-26
