What is the News? The Cabinet Committee on Economic Affairs has approved the continuation of the National Apprenticeship Training Scheme (NATS) from 2021-22 to 2025-26. What is the National Apprenticeship Training Scheme(NATS)? The National Apprenticeship Training Scheme is the flagship programme of the Ministry of Education for Skilling Indian Youth. Purpose: It is a one… Continue reading Cabinet approves continuation of National Apprenticeship Training Scheme for next five years
Digital tax for US companies to stay until OECD pact comes into force
What is the News? India and US have agreed on a “transitional approach” to digital service tax imposed by the Indian Government. Background In 2016, India had introduced a 6% equalisation levy for digital advertising services. Later, in April 2020, it widened the scope to impose a 2% tax on non-resident e-commerce players. However, the… Continue reading Digital tax for US companies to stay until OECD pact comes into force
Raksha Mantri virtually inaugurates 5th World Congress on Disaster Management
What is the News? The Defence Minister has inaugurated the Fifth World Congress on Disaster Management. About Fifth World Congress on Disaster Management Organized by: Disaster Management Initiatives and Convergence Society (DMICS) Aim: To promote interaction of science, policy, and practices to enhance understanding of risks and advance actions for reducing risks and building resilience… Continue reading Raksha Mantri virtually inaugurates 5th World Congress on Disaster Management
NITI Aayog Releases Discussion Paper on Digital Banks Seeking Comments
What is the news? NITI Aayog has released a Discussion Paper titled “Digital Banks:A Proposal for Licensing & Regulatory Regime for India”. About the Discussion paper The Discussion Paper makes a case, and offers a template and roadmap, for a Digital Bank licensing and regulatory regime for India. The paper has been prepared by NITI… Continue reading NITI Aayog Releases Discussion Paper on Digital Banks Seeking Comments
Data protection panel against hefty penalties on tech giants
What is the news? Joint Parliament Committee (JPC) headed by P P Chaudhary has finalized its recommendations on the Personal Data Protection Bill, 2019. Read here: Personal Data Protection Bill, 2019 What are the JPC recommendations regarding technology giants? The committee is against imposing hefty penalties on global technology giants such as Facebook, Instagram, Google etc.… Continue reading Data protection panel against hefty penalties on tech giants
Cabinet approves continuation of the umbrella scheme “Ocean Services, Modelling, Application, Resources and Technology (O-SMART)”
What is the News? The Cabinet Committee on Economic Affairs has approved the continuation of the umbrella scheme “Ocean Services, Modelling, Application, Resources and Technology (O-SMART)” for the period from 2021-26. About O-SMART Scheme The O-SMART Scheme was launched by the Ministry of Earth Sciences. Objectives of the scheme: a) To provide forecasts and services… Continue reading Cabinet approves continuation of the umbrella scheme “Ocean Services, Modelling, Application, Resources and Technology (O-SMART)”
Cabinet approves Continuation of the umbrella scheme “Atmosphere’ & Climate Research-Modelling Observing Systems & Services (ACROSS)” from the 14th Finance Commission to the next Finance Commission Cycle (2021-2026)
Contents1 What is the News?2 What is the ACROSS Scheme?2.1 Sub Schemes under ACROSS3 Implementation of Scheme4 Impact of this Scheme What is the News? Cabinet Committee on Economic Affairs has approved the continuation of the umbrella scheme “Atmosphere & Climate Research-Modelling Observing Systems & Services (ACROSS)”. What is the ACROSS Scheme? The ACROSS scheme… Continue reading Cabinet approves Continuation of the umbrella scheme “Atmosphere’ & Climate Research-Modelling Observing Systems & Services (ACROSS)” from the 14th Finance Commission to the next Finance Commission Cycle (2021-2026)
Railway Minister announces introduction of ‘Bharat Gaurav Trains’
What is the News? Indian Railways has announced the introduction of theme-based, tourist circuit trains named ‘Bharat Gaurav’ Trains. What is the aim of Bharat Gaurav Trains? Aim: To showcase India’s rich cultural heritage and magnificent historical places to the people of India and the world. What are the key features of this initiative? Indian… Continue reading Railway Minister announces introduction of ‘Bharat Gaurav Trains’
Union Health Ministry releases NFHS-5 Phase II Findings
Contents1 What is the news?2 States covered in NFHS-5 phase II3 About NFHS and findings of NFHS-5 Phase I4 What are the key findings of NFHS-5 Phase II?5 What are the significant things to consider from NFHS-5 Survey? What is the news? Ministry of Health and Family Welfare (MOHFW) has released the 2019-21 National Family… Continue reading Union Health Ministry releases NFHS-5 Phase II Findings
Hard to count the poor, but poverty in India is falling
Contents1 What is the news?2 About the brief history of India’s poverty line3 What are the issues associated with the poverty line?4 About the multidimensional poverty What is the news? According to last year data on the Tendulkar committee recommended poverty line, India’s poverty has reduced by 7.9 percentage points between 2009-10 and 2011-12. About… Continue reading Hard to count the poor, but poverty in India is falling
