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Asset Reconstruction Company – Budget 2021 : Key Points

Asset Reconstruction Company: In the Budget 2021-22, Asset Reconstruction Company (ARC) has been proposed to be set up by state-owned and private sector banks, and there will be no equity contribution from the government. The ARC, which will have an Asset Management Company (AMC) to manage and sell bad assets, will look to resolve stressed […]

Protein Based Biosensors for Covid-19 : Key Points

Protein-based Biosensors: A team of researchers led by David Baker, who is the professor of biochemistry and director of the Institute for Protein Design at UW Medicine, have created a new protein-based biosensor that will detect the Coronavirus. The protein-based biosensors will detect the proteins that make up the pandemic coronavirus. It would also help […]

Nari Shakti Puraskar 2020 Submission Date Extended

Nari Shakti Puraskar-2020: The Ministry of Women and Child Development has recently extended the last date for submission of nomination for Nari Shakti Puraskar-2020. The last date has been extended till February 6, 2021 Nari Shakti Puraskar is conferred every year on the occasion of International Women’s Day. The award is conferred by the Ministry […]

India’s First Centre For Wetland Conservation And Management : Key Points

India’s first Centre For Wetland Conservation And Management : The Central government has announced that, it will soon set up a new Centre for Wetland Conservation and Management (CWCM) in Chennai. This Centre for Wetland Conservation and Management will be set in a bid to address the knowledge gaps and specific research needs for the […]

Udyog Manthan Webinars 2021: Highlights

Udyog Manthan: The commerce ministry is organizing the Udyog Manthan. Under the Udyog Manthan, a series of webinars are being conducted. The Webinar is focusing on about 45 sectors including the pharma sector and electronics sector. The webinar under the Udyog Manthan is being organized with the focus on quality and productivity in all the […]

New Amendments to The Companies Rules 2021: Key points

Amendment of The Companies Rules: The ministry of corporate affairs (MCA) has amended the definition of small companies by amending the Companies Rules. The new amendment allows the non-resident Indians (NRIs) to incorporate one-person companies (OPCs) in India. The changes were announced by finance minister Nirmala Sitharaman during the presentation of the Union Budget. These […]

Domestic Manufacturing Programme For Critical Power And Renewable Energy Equipment

A domestic manufacturing program: A domestic manufacturing program for critical power and renewable energy equipment will be launched by the Ministry of Power in the Financial Year 2021. The program has an outlay of Rs 1,500 crore. This scheme was announced in the Union Budget. It would set up three manufacturing zones per year. The three zones […]