Govt forms Panel to Assess Impact of Waiving Loan Interest

News: Union government has constituted an expert committee to measure the economic impact of waiving interest on the Covid-19 related loan moratorium. Facts: About the Panel: The expert panel will be chaired by Rajiv Mehrishi, former Comptroller and Auditor General (CAG) of India, and will submit its report within one week. Mandate: It will measure… Continue reading Govt forms Panel to Assess Impact of Waiving Loan Interest

Big blow to China as Thailand scraps KRA canal project

News: Thailand has announced that it has decided to scrap a Chinese led-KRA canal project. Facts: Kra Canal also known as Thai Canal or Kra Isthmus Canal refers to a proposed canal project that aims to connect the Gulf of Thailand with the Andaman Sea across the Kra Isthmus in southern Thailand.  Significance: The canal… Continue reading Big blow to China as Thailand scraps KRA canal project

Prime Minister launches Pradhan Mantri Matsya Sampada Yojana, e-Gopala mobile app

News: The Prime Minister has digitally launched the Pradhan Mantri Matsya Sampada Yojana(PMMSY) and also inaugurated the e-Gopala app. Facts: Pradhan Mantri Matsya Sampada Yojana(PMMSY): It is a flagship scheme for focused and sustainable development of the fisheries sector in the country as a part of the Atma Nirbhar Bharat Abhiyan. Nodal Ministry: Department of… Continue reading Prime Minister launches Pradhan Mantri Matsya Sampada Yojana, e-Gopala mobile app

Union Minister launches ‘SAROD-Ports’

News: Union Minister of State for Shipping(I/C) has launched ‘SAROD-Ports’ (Society for Affordable Redressal of Disputes – Ports). Facts: SAROD-Ports: It aims to provide an Affordable Dispute Redressal Mechanism for all kinds of disputes of the maritime sector with the panel of technical experts as arbitrators. Registered Under: It was established under Societies Registration Act,… Continue reading Union Minister launches ‘SAROD-Ports’

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