IFSC Authority invites comments on consultation paper on proposed IFSCA (Insurance Web Aggregator) Regulations, 2021

What is the News? International Financial Services Centres Authority (IFSCA) has released the draft IFSCA (Insurance Web Aggregator) Regulations, 2021. The regulations provide for eligibility criteria, registration process and permissible activities for Insurance Web Aggregator. What is IFSCA? IFSCA was established in 2020 under the International Financial Services Centres Authority Act, 2019. Purpose: The IFSCA… Continue reading IFSC Authority invites comments on consultation paper on proposed IFSCA (Insurance Web Aggregator) Regulations, 2021

KVIC Rolls Out Unique Business Model to Handhold 70 Women Agarbatti Artisans in Assam

What is the News? Khadi and Village Industries Commission(KVIC) has created a unique business model to empower women Agarbatti artisans in Assam and strengthen the local Agarbatti industry. What is the model adopted by KVIC? KVIC has engaged 70 tribal women belonging to 7 self-help groups (SHGs) under the Prime Minister’s Employment Generation Program(PMEGP). These… Continue reading KVIC Rolls Out Unique Business Model to Handhold 70 Women Agarbatti Artisans in Assam

UN REPORT ON MULLAPERIYAR DAM

What is the News? United Nations University-Institute for Water, Environment and Health (UNU-INWEH) has released a report titled “Ageing Water Storage Infrastructure: An Emerging Global Risk”. The report provides an overview of the current state of knowledge on the ageing of large dams. According to the report, four Asian countries – China, Japan, India and… Continue reading UN REPORT ON MULLAPERIYAR DAM

EU plans €300 billion infrastructure fund to counter China’s BRI

What is the News? The European Commission has announced an international infrastructure plan called the “Global Gateway Plan”.  What is the Global Gateway Plan? The plan aims to invest €300 billion ($340 billion) globally in infrastructure, digital and climate projects by 2027. This will help strengthen health, education and research systems across the world.  The investment… Continue reading EU plans €300 billion infrastructure fund to counter China’s BRI

Govt extends Smart Cities Mission timeline to 2023

What is the News? The Centre has extended the timeline for the implementation of the Smart Cities Mission to June 2023. What is the Smart Cities Mission? The Smart Cities Mission was launched by the Ministry of Housing and Urban Affairs in 2015. Type: Centrally Sponsored Scheme. Click here to read more about Smart Cities… Continue reading Govt extends Smart Cities Mission timeline to 2023

“Scheme for Protection and Preservation of Endangered Languages of India” (SPPEL) to promote all Indian Languages including endangered languages

What is the News? The Union Minister has informed Rajya Sabha about the Scheme for Protection and Preservation of Endangered Languages of India(SPPEL). What is the Scheme for Protection and Preservation of Endangered Languages (SPPEL)? SPPEL Scheme was initiated by the Government of India in 2013.  Objective: To document and archive the country’s languages that… Continue reading “Scheme for Protection and Preservation of Endangered Languages of India” (SPPEL) to promote all Indian Languages including endangered languages

Rajya Sabha Passes The Landmark ‘Dam Safety Bill (2019)’

What is the News? Rajya Sabha has passed the landmark Dam Safety Bill (2019) paving the way for the enactment of the Dam Safety Act in the country. What is the need for the Dam Safety Bill? India is the 3rd largest dam-owning nation in the world after China and USA. There are around 5,700… Continue reading Rajya Sabha Passes The Landmark ‘Dam Safety Bill (2019)’

‘Top 1% captured over a third of wealth growth’: World Inequality Report

What is the News? The World Inequality Report 2022 has been released. About World Inequality Report 2022  The report has been produced by a team of world-leading economists. One of the co-authors is economist Thomas Piketty. Purpose: The report is the most authoritative and comprehensive account available of global trends in inequality. What are the… Continue reading ‘Top 1% captured over a third of wealth growth’: World Inequality Report

Assisted Reproductive Technology (Regulation) Bill – Explained, pointwise

For 7PM Editorial Archives click HERE → Introduction Recently, Lok Sabha has passed the Assisted Reproductive Technology (Regulation) Bill, 2021. The ART Regulation Bill aims to regulate and supervise assisted reproductive technology clinics and banks, prevent misuse of the technology and promote the ethical practice of the services. What is Assisted Reproductive Technology (ART)? Assisted Reproductive Technology(ART) includes… Continue reading Assisted Reproductive Technology (Regulation) Bill – Explained, pointwise

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