G-secs: RBI unveils Retail Direct Scheme

Source: The Hindu  Contents1 What is the News? 2 About RBI Retail Direct Scheme: 3 What are Government Securities(G-secs)? 4 What are NDS(Negotiated Dealing System)?  What is the News?  The Reserve Bank of India(RBI) has announced the launch of the RBI Retail Direct scheme.  About RBI Retail Direct Scheme:  RBI Retail Direct Scheme is a one-stop solution to facilitate investment in… Continue reading G-secs: RBI unveils Retail Direct Scheme

PLI schemes evoke mixed response: IT, mobile steal a march on other sectors

Source: Indian Express  What is the News? The production-linked incentive(PLI) schemes for several sectors have received a good response. However, the scheme is struggling across most other sectors where it has been rolled out.  About PLI Scheme: The scheme aims to invite foreign investors to set up their manufacturing units in India. Similarly, it also… Continue reading PLI schemes evoke mixed response: IT, mobile steal a march on other sectors

MoD launches SPARSH for sanction and disbursement of defence pension

Source: PIB What is the News? The Ministry of Defence has launched SPARSH (System for Pension Administration Raksha) Portal. About SPARSH Portal: SPARSH is an integrated system for automation of sanction and disbursement of defence pension. The portal processes pension claims and credits pension directly into the bank accounts of defence pensioners without relying on… Continue reading MoD launches SPARSH for sanction and disbursement of defence pension

Union Minister for Fisheries launches Mobile App “Matsya Setu” for Fish Farmers

Source: PIB Contents1 What is the News?2 About Matsya Setu App:3 Key Features of Matsya Setu:4 About National Fisheries Development Board(NFDB) What is the News? The Union Minister for Fisheries, Animal Husbandry, and Dairying launched the Online Course Mobile App “Matsya Setu”. About Matsya Setu App: Matsya Setu is an online course app. It aims… Continue reading Union Minister for Fisheries launches Mobile App “Matsya Setu” for Fish Farmers

Govt unveils NIPUN to improve learning

Source: Livemint, The Hindu  What is the News? The Ministry of Education has launched the National Initiative for Proficiency in Reading with Understanding and Numeracy(NIPUN Bharat) Mission. About NIPUN Bharat Mission: NIPUN Bharat Mission aims to improve foundational literacy and numeracy of children in the age group of three to nine years. Key Features of… Continue reading Govt unveils NIPUN to improve learning

KVIC’s Project BOLD to Boost Tribals’ Income and Bamboo-based Economy in Rajasthan

Source: PIB What is the News? Khadi and Village Industries Commission(KVIC) has launched a project named Bamboo Oasis on Lands in Drought(BOLD) in Udaipur, Rajasthan. About Project BOLD: Project BOLD seeks to create bamboo-based green patches in arid and semi-arid land zones of the country. It aims at reducing land degradation and preventing desertification in… Continue reading KVIC’s Project BOLD to Boost Tribals’ Income and Bamboo-based Economy in Rajasthan

Union Education Minister to launch NIPUN Bharat

Source: PIB What is the News? The Ministry of Education will launch the National Initiative for Proficiency in Reading with Understanding and Numeracy(NIPUN Bharat) Mission. About NIPUN Bharat Mission: Aim: To create an enabling environment to ensure the universal acquisition of foundational literacy and numeracy. It will enable every child to achieve the desired learning… Continue reading Union Education Minister to launch NIPUN Bharat

Commerce Ministry’s Logistics Division unveils plans for ‘Freight Smart Cities’

Source: PIB What is the News? The Logistics Division under the Ministry of Commerce & Industry has released the roadmap for the ‘Freight Smart Cities Initiative’. About ‘Freight Smart Cities Initiative’: Freight Smart Cities Initiative aims to improve the efficiency of urban freight and create an opportunity for a reduction in logistics costs. Under the… Continue reading Commerce Ministry’s Logistics Division unveils plans for ‘Freight Smart Cities’

Cabinet approves Rs. 3.03 lakh crores reform-based power distribution scheme

Source: PIB  What is the News? The Union Cabinet has approved a Reforms-based and Results-linked, Revamped Power Distribution Sector Scheme. About Reform Based Power Distribution Scheme: Aim: To improve the operational efficiencies and financial sustainability of DISCOMs/ Power Departments excluding Private Sector DISCOMs by providing conditional financial assistance for strengthening of supply infrastructure. Objectives of… Continue reading Cabinet approves Rs. 3.03 lakh crores reform-based power distribution scheme

Atal Innovation Mission concludes first fintech cohort of ‘AIM-iLEAP’

Source: PIB What is the News? Atal Innovation Mission has concluded its first fintech cohort of AIM-iLEAP- an initiative to back tech start-ups with much-needed access to industry, markets and investors. About AIM-iLEAP Initiative: AIM-iLEAP (Innovative Leadership for Entrepreneurial Agility and Profitability) initiative was organised by Atal Innovation Mission(AIM) in partnership with Startup Réseau and… Continue reading Atal Innovation Mission concludes first fintech cohort of ‘AIM-iLEAP’

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