Category: Knowledge Base

May 2000 saw the rise of IT Bill, it received assent of President in August 2000 and became an Act. Cyber laws are contained under the IT Act, 2000. AIM- to provide legal infrastructure for e-commerce in India. The Information Technology Act, 2000 also aims to provide for the legal framework so that legal sanctity… Continue reading Information Technology Act of India

The Make in India initiative was launched by Prime Minister on September 25, 2014 as part of a wider set of nation-building initiatives It is an initiative launched by the Government of India to encourage national, as well as multi-national companies to manufacture their products in India The major objective behind the initiative is to… Continue reading Make in India

The International Labour Organisation (ILO) defines child labour as work that deprives children of their childhood, their potential and their dignity, and that is harmful to their physical and mental development. It refers to work that is mentally, physically, socially or morally dangerous and harmful to children, or work whose schedule interferes with their ability… Continue reading What is Child labour?

The International Labour Organization (ILO) is a United Nations agency dealing with labour problems, particularly international labour standards, social protection, and work opportunities for all. What are international labour standards? International labour standards are legal instruments drawn up by the ILO’s constituents (governments, employers and workers) and setting out basic principles and rights at work. They… Continue reading The International Labour Organization (ILO)

The most important agency involved in the collection of labour statistics in India is the Ministry of Labour and Employment, through Labour Bureau and offices like the Directorate General of Employment and Training (DGE&T), Directorate General of Labour Welfare (DGLW) and Directorate General Factory Advice Service & Labour Institutes (DGFASLI) The Ministry collects data on… Continue reading Sources of Labour Statistics in India

Computer-assisted personal interviewing (CAPI)is an interviewing technique in which the respondent or interviewer uses a computer or a mobile device to answer the questions. It’s similar to CATI methodology (Computer-Assisted Telephone Interviewing) but it differs from it for the actual presence of the interviewer supporting the respondent. Because of that, CAPI surveys are often defined Face-to-Face surveys.

The Ministry of Statistics and Programme Implementationcame into existence as an Independent Ministry in 1999 after the merger of the Department of Statistics and the Department of Programme Implementation. The Ministry has two wings, one relating to Statistics and the other Programme Implementation. The Statistics Wing is called the National Statistical Office (NSO). It consists of the… Continue reading Ministry of Statistics and Programme Implementation

In around 1780, Gorkhas invaded Sikkim which includes parts of Darjeeling with Siliguri. Before the 1780s, the area of Darjeeling formed a part of dominions of the Chogyal of Sikkim, who had been engaged in unsuccessful warfare against the Gorkhas of Nepal. After the British-Nepal war, Nepal ceded its territory to the British in the… Continue reading History of Gorkhaland movement

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India that administers the insolvency proceedings and establishes a framework for insolvency resolution processes effectively The Insolvency and Bankruptcy Code was introduced by (FM) Arun Jailtely in December’15 and was subsequently passed by the Lok Sabha on 5 May’16. However the act was finally approbated on… Continue reading What is Bankruptcy code?

RBI’s joint lenders’ forum (JLF) guidelines came into effect in 2014 after the central bank put a new framework in place to tackle stressed assets. JLFs were intended to recognize stressed assets early and come up with a corrective action plan (CAP) within 45 days. Upon agreement by a minimum of 75% of lenders by… Continue reading Joint Lender’s Forum