Source: TOI What is the News? Reserve Bank of India is all set to implement its revised set of guidelines on the card data storage policy from January 2022. RBI’s Guidelines on Card Data Storage Policy: As per the guidelines, Payment Aggregators(PAs), Payment Gateways and online merchants shall not store card credentials of customers in… Continue reading E-tailers can’t store your card data, says RBI
Russian stealth frigates to come in 2023
Source: The Hindu What is the News? The first of the two additional Krivak class stealth frigates being built by Russia is expected to be delivered to India in the middle of 2023. About Krivak Class Stealth Frigates: Krivak or Talwar stealth frigates are a series of frigates and guard ships (patrol boats) built by… Continue reading Russian stealth frigates to come in 2023
FM launches Ubharte Sitaare Fund
Source: The Hindu What is the News? The Ministry of Finance has launched ‘Ubharte Sitaare’ Alternative Investment Fund. About ‘Ubharte Sitaare’ Alternative Investment Fund: Aim: To provide debt and equity funding to export-oriented MSMEs as well as providing them with the required technological support to make their businesses more competitive. Setup by: The fund has… Continue reading FM launches Ubharte Sitaare Fund
RBI panel suggests umbrella body for helping smaller UCBs scale up
Source: Business Standard and Livemint What is the News? The Reserve Bank of India(RBI) has released the report of the Expert Committee on Primary Urban Co-operative Banks(UCBs). About the Expert Committee on UCBs: The committee was set up under the chairmanship of former RBI deputy governor N.S. Vishwanathan. Mandate: To examine the issues and to… Continue reading RBI panel suggests umbrella body for helping smaller UCBs scale up
Government launches Yuktdhara portal to facilitate Geo-spatial planning of MGNREGA assets
Source: PIB What is the News? The Ministry of Rural Development has launched a new geospatial planning portal named ‘Yuktdhara’. About Yuktdhara Portal: Yuktdhara is a geospatial planning portal under Bhuvan. Purpose: The portal will help in facilitating new MGNREGA assets using remote sensing and geographic information system-based data. Developed by: The portal is a… Continue reading Government launches Yuktdhara portal to facilitate Geo-spatial planning of MGNREGA assets
India could gain $11 trn in 50 years with climate action: Deloitte report
Source: Business Standard What is the News? Deloitte Economics Institute has released a report, titled “India’s turning point: How climate action can drive our economic future”. Key Findings of the Report: Impact of Climate Change on Economy: India can gain $11 trillion in economic value over the next 50 years by limiting rising global temperatures… Continue reading India could gain $11 trn in 50 years with climate action: Deloitte report
Finance Minister launches the National Monetisation Pipeline
Source: The Hindu, Indian Express, Livemint and PIB What is the News? The Union Minister for Finance has launched the National Monetisation Pipeline. About National Monetisation Pipeline: Prepared by: It was prepared by NITI Aayog in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22. Note: Asset monetisation… Continue reading Finance Minister launches the National Monetisation Pipeline
Lower costs, ink FTAs to push exports: CEO panel
Source: TOI What is the news? The Steering Committee for Advancing Local Value-Add and Exports (SCALE committee), comprising top Indian CEOs, has argued that India’s proposed free trade agreements (FTAs) could help push exports of auto components and textiles. Must Read: Free Trade Agreements (FTAs): Challenges & opportunities – Explained, pointwise Key suggestions The panel… Continue reading Lower costs, ink FTAs to push exports: CEO panel
Delhi’s new smog tower: the technology, the impact, the evidence
Source: Indian Express What is the news? Ahead of its infamous smog season, Delhi has installed a ‘smog tower’, a technological aid to help combat air pollution. Background In 2019, the Supreme Court directed the Central Pollution Control Board (CPCB) and the Delhi government to come up with a plan to install smog towers to… Continue reading Delhi’s new smog tower: the technology, the impact, the evidence
[UPSC Interview 2020] – Transcript #27 : Sujata Mehta Board, Sociology Optional, Uttar Pradesh State, life Hacks, mediation, pranayama Hobbies
Interview date: – 20 Aug 2021, Board: Sujata Mehta Optional: Sociology Education: ECE graduation, MNNIT Ald Home State: Uttar Pradesh Hobbies: life Hacks, mediation, pranayama Chairman 1. Give a brief intro including your education & employment background. Emphasised on asking “any” type of employment. 2. What kept you motivated for this exam? 3. Question on… Continue reading [UPSC Interview 2020] – Transcript #27 : Sujata Mehta Board, Sociology Optional, Uttar Pradesh State, life Hacks, mediation, pranayama Hobbies
