Synopsis: Issues and challenges that may impact the performance of the National Asset Reconstruction Company Ltd. Contents1 Introduction2 How the NARCL will function?3 How it will be beneficial?4 What are the issues and challenges involved?5 What is the way forward? Introduction The balance sheets of banks show stressed loans worth Rs 2 lakh crore. To… Continue reading Bad bank will help clean up balance sheets, but credit culture must change for healthier financial system
Category: PUBLIC
AUKUS Security Alliance – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 What are the key features of AUKUS Security Alliance?2.0.0.0.1 Australia will acquire nuclear-powered submarines2.0.0.0.2 Focus on Indo-Pacific2.0.0.0.3 Other multi-sectoral cooperation3 Other key features of AUKUS Security Alliance4 What is the significance of the AUKUS Security Alliance?5 Why China has raised its concerns regarding the AUKUS Security Alliance?6 What the… Continue reading AUKUS Security Alliance – Explained, pointwise
Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
What is the News? India has participated in the 6th edition of Exercise Peaceful Mission being hosted by Russia. What is an Exercise Peaceful Mission? Exercise Peaceful Mission is a Multilateral Exercise that is conducted biennially as part of military diplomacy between Shanghai Cooperation Organisation (SCO) member states. Aim: To foster close relations between SCO… Continue reading Exercise Peaceful Mission-2021: India takes part in SCO joint military exercise in Russia
Meghalaya Enterprise Architecture Project (MeghEA) launched by IT Minister and CM Meghalaya
What is the News? Meghalaya chief minister and Union Information and Technology (MeitY) Minister has jointly launched ‘MeghEA- Meghalaya Enterprise Architecture’. About MeghEA- Meghalaya Enterprise Architecture Aim: To improve service delivery and governance for the people of Meghalaya using the power of digital technologies. Pillars: MeghEA initiative is spread across 6 pillars namely: Governance, Human… Continue reading Meghalaya Enterprise Architecture Project (MeghEA) launched by IT Minister and CM Meghalaya
Phase 2 of Visvesvaraya PhD Scheme launched by IT Minister
What is the News? Union Minister of Electronics & Information Technology launched Phase II of the Visvesvaraya PhD Scheme. What is Visvesvaraya PhD Scheme? Launched by: Ministry of Electronics and Information Technology in 2014 Aim: To enhance the number of PhDs in Electronics System Design & Manufacturing (ESDM) and IT/IT Enabled Services (IT/ITES) sectors in… Continue reading Phase 2 of Visvesvaraya PhD Scheme launched by IT Minister
New research: Scientists attempt to turn edible plants into vaccines
Contents1 What is the News?2 What is the purpose of the project? 3 What is the key element in this project?4 What is the significance of this project? What is the News? Scientists and Researchers at the University of California are studying whether they can turn edible plants like lettuce into mRNA vaccine factories. What is… Continue reading New research: Scientists attempt to turn edible plants into vaccines
Biden unveils plan to cut methane emissions
Contents1 What is the News?2 What is the Global Methane Pledge?3 What is the significance of this pledge?4 What is the Major Economies Forum on Energy and Climate (MEF)? What is the News? The US President has announced the Global Methane Pledge at the Major Economies Forum on Energy and Climate(MEF). What is the Global… Continue reading Biden unveils plan to cut methane emissions
PM calls on SCO to act against radicalization
What is the News? The annual summit of the Shanghai Cooperation Organisation(SCO) was held in Tajikistan’s capital city of Dushanbe. What are the key highlights of the summit? Dushanbe Declaration: At the summit, the countries adopted the Dushanbe Declaration. The declaration called for an inclusive government in Afghanistan, with representatives from all ethnic, religious, and… Continue reading PM calls on SCO to act against radicalization
On Prime Minister’s birthday, KVIC launches series of schemes to empower artisans in Varanasi
Contents1 What is the News?2 What is the SPIN Scheme?3 Key Features of SPIN Scheme4 What is Kashi Pottery Cluster?5 About Scheme of Fund for Regeneration of Traditional Industries (SFURTI) What is the News? Khadi and Village Industries Commission (KVIC) has launched a Scheme called SPIN (Strengthening the Potential of India). It has also set… Continue reading On Prime Minister’s birthday, KVIC launches series of schemes to empower artisans in Varanasi
Recommendations of 45th GST Council Meeting
What is the News? The Finance Minister has chaired the 45th Goods and Service Tax (GST) Council meeting. This was the first in-person GST meet since the Covid-19 pandemic. What are the key recommendations made at the GST Council meeting? Concession on Medicines Life-saving drugs Zolgensma and Viltepso used in the treatment of Spinal-Muscular Atrophy… Continue reading Recommendations of 45th GST Council Meeting
