What is the news? According to the Reserve Bank of India (RBI) working group report, over 6% of all loans given by commercial banks in April-December 2020 were digital. This is a significant increase from 1.5% in 2016-17. If regulated well, innovative and cost-efficient models can help digital lending leapfrog traditional lending modes. Read more:… Continue reading RBI Report on Digital lending: Good and bad sides of digi lending, in 5 charts
PM Modi flags off new Kashi corridor as a bridge from past to future
What is the news? The Prime Minister of India has inaugurated the Kashi Vishwanath Temple Corridor project. What is Kashi Vishwanath Temple Corridor project? The Kashi Vishwanath Temple Corridor project in Varanasi connects the iconic Kashi Vishwanath temple and the ghats along the river Ganga. The project is aimed at ensuring easy movement of pilgrims… Continue reading PM Modi flags off new Kashi corridor as a bridge from past to future
SC notice to Centre on social security cover for gig workers
What is the news? The Supreme Court has agreed to examine the public interest litigation seeking social security benefits to “gig workers” and “platform workers” engaged by Uber, Ola Cabs, Swiggy and Zomato. What is the case about? A petition was filed in the Supreme Court arguing that “gig workers” and “platform workers” should be… Continue reading SC notice to Centre on social security cover for gig workers
PM to address natural-farming event amid scientists’ concerns
What is the News? The Prime Minister will address a National Summit on Agro and Food Processing.At this summit, the Prime Minister will spread basic knowledge about Zero-Budget Natural Farming (ZBNF). What is Zero-Budget Natural Farming (ZBNF)? ZBNF is a technique of farming developed by Padma awardee Subhash Palekar of Maharashtra. It aims to help… Continue reading PM to address natural-farming event amid scientists’ concerns
Centre’s new incentive scheme for States to achieve their targets and become eligible for incremental borrowing
What is the News? The Finance Ministry had announced a new incentive scheme for States that could achieve their targets and become eligible for incremental borrowing. What is the Incentive Scheme for States to become eligible for incremental borrowing? Under the scheme, out of the Net Borrowing Ceiling(NBC) of 4% of GSDP for the States for… Continue reading Centre’s new incentive scheme for States to achieve their targets and become eligible for incremental borrowing
Climate Change makes children vulnerable to infectious diseases: Study
What is the News? A study conducted by researchers from the Banaras Hindu University(BHU) shows that climate change is making children vulnerable to infectious diseases. About the study The study was conducted to probe the association between climate parameters and infectious diseases in children under 16-years-of-age in Varanasi city in the central Indo-Gangetic Plain. What… Continue reading Climate Change makes children vulnerable to infectious diseases: Study
[Yojana December Summary] GI Tagging of Rural Products – Explained, pointwise
For 7PM Editorial Archives click HERE → Introduction India’s multicultural ethos, authenticity, and ethnic diversity are potential turbochargers for the country’s economy. One channel through which these attributes can be brought out is Geographical Indications or GI tags. Geographical Indications (GIs) backed up by solid business management can bring a competitive advantage, more added value to a product,… Continue reading [Yojana December Summary] GI Tagging of Rural Products – Explained, pointwise
India successfully launches Supersonic Missile Assisted Torpedo System
What is the News? India has successfully test-fired a long-range Supersonic Missile Assisted Torpedo(SMART) from Wheeler Island in Odisha. What is the SMART System? Torpedoes, self-propelled weapons that travel underwater to hit a target, are limited by their range. To overcome that, the Defence Research and Development Organisation (DRDO) has developed the SMART system. This… Continue reading India successfully launches Supersonic Missile Assisted Torpedo System
Protecting wildlife: 2,054 cases registered in three years
What is the News? The government of India has provided data on the cases registered by Wildlife Crime Control Bureau (WCCB) against illegal trafficking of wild animals and the operations conducted by them. How many cases were registered against the killing or illegal trafficking of wild animals in India? Between 2018 and 2020, about 2,054… Continue reading Protecting wildlife: 2,054 cases registered in three years
India lays emphasis on UNCLOS
What is the news? The Government of India has informed Parliament that India is committed to a free, open and rules-based order. It has also reiterated its support for the United Nations Convention on the Law of the Sea (UNCLOS). Click Here to read about UNCLOS India’s Commitment to Maritime Security India is committed to… Continue reading India lays emphasis on UNCLOS
